Category: Credit Card

Credit cards, if not used responsibly, can easily and quickly lead to a debt spiral. Not paying your credit card outstanding can become financially draining, as you keep accumulating interest on your balance as well as new purchases, making your credit card debt larger with each day. While unforeseen  emergencies can sometimes lead to unmanageable…

Starting to build your credit score early is a sign of financial prudence. The sooner you begin your credit journey, the easier it will be to build a strong credit profile. This will play a major role when you later set out to achieve bigger life goals like buying your dream home or a luxury…

Air miles credit cards are travel-centric cards offering value-back in the form of air miles, which can be utilized to avail free flight tickets or class upgrades. Most air miles credit cards are co-branded with popular airlines but some credit cards also come with ‘miles’ as their reward currency, which can be redeemed across multiple…

If you have multiple credit cards, you might be wondering whether it would be wise to close one of your existing credit card accounts. While closing a credit card is easy, you should carefully weigh the pros and cons before taking a decision. Here are a few things you must consider before closing a credit…

When it comes to credit card rewards program, most cardholders have this common myth: the more you spend, the more you earn, and the more you save. However, with reward points, earning is only half the equation, the actual value-back lies in how you redeem those points. You can benefit from reward points in two...

Popularity of credit cards has seen a surge over the last few years due to rising awareness around their convenience and rewards. Credit cards help you make high-ticket purchases and, when used responsibly, contribute to building a strong credit profile. However, there are some mistakes which can adversely impact your financial life. Here are some…

No-cost EMI is one of the most popular financing options for high-ticket consumer durables such as gadgets and home appliances. It allows consumers to defer their high-value purchases over several monthly instalments without any additional interest charges. Popular e-commerce platforms like Amazon, Flipkart, Ajio, TataCLiQ and more offer the no-cost EMI facility in collaboration with...

When used responsibly, credit cards can help you save a considerable amount on your spends and, at the same time, build a strong credit score. However, often due to a lack of awareness, many users fail to maximize the benefits offered on their cards. Reckless use of credit cards can also lead to a debt…

Axis Bank has announced revisions in the features and related terms and conditions of some of its credit cards, including Axis Flipkart, Magnus for Burgundy, Reserve, Neo, Select, Rewards and Privilege. These updates will come into effect in phases this year in the months of June, July and October and are related to the rewards...

SBI Card Aurum and HDFC Infinia are premium credit cards from SBI Card and HDFC Bank, both catering to the needs of high-income elite consumers. Both cards offer high-end privileges across multiple categories, such as travel, shopping, golf, movies, etc. But which one truly aligns with your lifestyle? Read our in-depth comparison to find out....