Credit Cards

A successful parent is not when their child gets a great job in a big company with a huge salary nor when their kid has great values. It needs to be all of it – If your child does not have some qualities then you as a parent might think that you have failed. One such area a child needs proper care is money management – They cannot spend money as and when they want and how much ever they want. They need to understand the importance of money and how to save it.  

With credit and debit cards access to a person’s account has become very easy and the ability to buy things they want has also increased. Adding to this is the coming of online vendors or market places like Flipkart and Amazon who provide a lot of offers to customers who pay using credit cards and debit cards. 

A credit card created for the specific purpose of business and not for personal spends is called a business credit card. A business credit card comes in handy for all types of business transactions and in every transaction the card holder and by extension the card holder is held responsible.

A credit card is a tool that helps the user to make purchases and pay for them later. Yes, of course, it is easy and convenient. But can some start a small business with a credit card? Though there are credit cards for business purposes just like there are credit cards for personal usage, completely relying on a credit card to start a small business may not sound feasible. However, let us explore the options of using a credit card for financing a small business.  

It is quite handy and beneficial with the purchase of equipment for your business, hotel booking, flight booking, complimentary lounge access at domestic and international airports, fuel surcharge waiver and an insurance cover. While there are host of reasons to pick up a business credit card if you are running even a micro business, it is important to be informed about the rewards that come along with the card for reaping the benefits in full. Explore here what are the rewards you can avail on using a business credit card.

The self-employed do not have it so easy. But many banks these days offer credit cards against a fixed deposit.  The credit limit is often the same or little lesser than the fixed deposit.  You could also opt for a prepaid credit card. When you repay the outstanding against these cards, the same is reflected on your credit history and the result is increasing credit score.

E-commerce has grown leaps and bounds in India where people across the country have taken a liking to ordering online and getting it delivered to their home within just a day.

When you continuously use your credit limit to maximum it shows that you do not have a grip on your finances. Your credit limit upon your monthly utilization of your credit card is called credit utilization ratio . If you max out your credit card it will have negative effects on your credit score.

Jhanvi has been using a credit card for the past 3 years, which she has been using to pay her mobile bills, electricity bills etc. To make her life easy and to make sure her payments are done on time she had opted for the auto payment of bills.

Whenever you apply for a credit card you will have a credit limit based on your repayment capability. In due course the card issuer might assess your credit usage, repayment history and salary increase to tempt you by offering an increase to your credit limit.

In today’s scenario taking a loan be it a personal loan for marriage or going on a vacation or a home loan to buy a home or a piece of land, car loan etc. a person is almost always in some form of debt or another which is a burden on the monthly income of a person. Though the loan was taken out of necessity each month a person will need to think about the loan and will not have enough to save for the future. This is the reason why it is best to pay off any debt as early as possible.

Credit cards offer the ease of making payments for all your purchases and pay for them later to the card issuer. Credit card usage requires a certain set of disciplines without which you might end up gathering debts on your card. If you are a defaulter or have made some of the credit card mistakes and did not know how to rectify, we offer you some help.

It is a common practice that while applying for a credit card that you need to check your credit score and know if you are eligible for the chard of your choice.

If you are a student or have completed your studies and got your first job, you might be looking for a credit card to manage your finance efficiently. It could be puzzling as banks demand a credit history to offer you a credit card. The first-time borrowers who are new to credit will have ‘NH’ in their credit report which means ‘No History’. With that status, getting a credit card can become slightly difficult.

There are very few things in life that are as painful as rejections. Imagine a rejection on your credit card application, it may not be to the level of life’s great rejections but nevertheless irritating, especially when you have a good credit score?

Spending becomes a joyful experience when you can gain from what you spend. To make that happen, credit cards could be the only option for you. Some of the popular banks in India offer cash back rewards which can be accumulated and later result in a lot of savings on your monthly bills.

Credit cards make your life easy in many ways, there is one situation that spoils the experience. This is the situation where your bill statement is wrong. This is a very common occurrence where each year hundreds of customers face this problem where instances of wrong credit card statements create stress and sleepless nights for the card holders.

When a lender goes through a loan application, the borrower’s repaying capacity is one of the important factors linked to the approval

The saying a little knowledge is a dangerous thing could very well be replaced with a minimum payment due is a dangerous thing.

Credit card usage has steadily increased over the years. Today, most banks offer credit cards to the majority of account holders at nominal charges.

Your credit card may be loaded with free insurance, benefits of reward points, bonus points, discount on purchases and cash back offers. Apart from all these convenient features, it might seem the right thing to withdraw cash from ATMs in an emergency.