The Indian credit card market is dominated by a few major players along with numerous other banks that are trying hard to reach more customers. With such high competition, credit card issuers keep looking for ways to outdo each other especially in terms of customer acquisition. Offering pre-approval on credit cards is one such way…
Credit card marks the beginning of your credit journey. Most young adults would like to be a part of the professional and mature crowd. So, when a bank reaches out to them to offer a credit card for the first time, it can be quite an exciting feeling for them. However, it is important to…
When you use your credit card for shopping at a store, you just have to swipe the card and the transaction is complete within seconds. But have you ever wondered what goes on behind the scenes for processing this transaction? Swiping the credit card in a Point of Sale (POS) machine is only the first…
When you make a payment online using your credit card, the website asks you to enter card number, credit card expiration date and CVV. Card number helps in identifying your credit card account with the bank and CVV is an additional identifier which also protects you against fraud. But what is the purpose of expiration…
When it comes to money, we Indians are cautious by nature. Among millions of credit card users in the country, there are also millions who are of opinion that credit cards are evil. For someone who has been using credit cards for many years and enjoyed several benefits on them, it is quite difficult to…
Indians have started loving credit cards like never before. Recent numbers show that credit cards are increasingly gaining popularity among people from Tier-II and Tier-III cities as well. After all, who would not like to enjoy all the perks that these cards offer- rewards, cash back, travel benefits and the ability to make high-ticket purchases…
When you plan on travelling to a foreign destination, foreign exchange rate is among the first things to consider. There has been much debate on how much money you should carry to a foreign country and in what mode. Plastic money, like international credit cards and debit cards, are quite popular among travellers but they…
Applying for a credit card without proper deliberation may result in rejection of credit card application. Some of the significant reasons for denial are lack of credit history, several loans and cards, irregular past payments and unstable future income. Read further to find out the possible reasons of your credit card rejection and how can…
