Credit Cards

A Platinum card is a credit card which, as its name suggests, is a card with more prestige and benefits than a gold or regular credit card. Credit cards follow the same logic as the valuing of precious metals! Just like a platinum ring is more valuable than a gold ring, the platinum card enjoys higher status than a gold card.  A Platinum card offers several tangible benefits when compared to other regular credit cards, and is a

A Kisan Credit Card (KCC) is a credit delivery mechanism that is aimed at enabling farmers to have quick and timely access to affordable credit. It was launched in 1998 by the Reserve Bank of India and NABARD. The scheme aims to reduce farmer dependence on the informal banking sector for credit – which can be very expensive and suck them into a debt spiral. The card is offered by cooperative banks, regional rural banks and public sector banks. Based on a review of the working of the KCC

Who doesn’t like to get money for spending money? That, in effect, is what cash back credit cards are all about! Among the various kinds of credit cards, cash back cards are perhaps one of the most popular. THe main feature of these cards is that customers get back a certain percentage of the amount they spend. The percentage and the spending categories differ, but the basic feature of all cash back cards is that you receive a percentage of your spending amount back as cash.Let

MasterCard is the name of an American financial services company which provides branded payment products for credit card issuers like banks or other companies. MasterCard is one of the leading payment systems companies globally for credit and debit cards, the other notable companies being Visa and American Express. All these companies work in generally the same way.What is a credit card?But first, what exactly is a credit card? A credit card is a small piece

Unsecured loans are loans that you can borrow without providing security or collateral. Generally, when you borrow from a lender, you have to pledge any asset or security to the lender. Consider this as a safety net for the borrower.

HDFC is one of the leading banks in India and one of the largest credit card issuers in the country. It offers an array of credit card options to suit your requirements that include airline cards, cards designed for women, co-branded cards, entertainment and lifestyle cards among several others. Checking your HDFC credit card application status onlineIt is simple to apply for an HDFC credit card online. If you have applied for an HDFC credit card, wheth

HDFC is one of the leading banks in India and one of the largest credit card issuers in the country. It offers an array of credit card options to suit your requirements that include airline cards, cards designed for women, co-branded cards, entertainment and lifestyle cards among several others.Checking your HDFC credit card balance onlineIf you already own an HDFC credit card and want to check your credit card balance, you can do so online as well, without

State Bank of India (SBI) serves millions of customers across India. With its wide reach, it also provides a good range of bank services. One of its services, SBI credit cards, comes in a variety of types based on the customer's requirements and are categorised under Lifestyle, Reward, Shopping, Travel & Fuel and Business sections.

There are two ways you can get a high credit limit on your credit card: a. The best way is to work towards a good credit score which typically leads to a high credit limit. b. Alternatively, if you have a good track record, you can ask your bank for a higher credit limit on your card. If it has been sometime since your limit was increased, the bank might agree to a hike. The main advantage of a high c

Unlike a regular credit card, you need a cash deposit with the bank to be issued a secured credit card. This deposit is used by the bank as security in case you default on your credit card payments. This kind of card also helps you create credit history or rebuild your credit profile if you have a poor credit score.When should you opt for a secured credit card?There are three categories of people w

Want to pay your SBI credit card bill online from the convenience of your home? Imagine not having to worry about finding time to drop off a cheque at the bank. Or mailing a cheque and wondering if it would be credited in time. Paying online is a safe, quick and convenient alternative way of paying your bills that saves you time and effort.To pay your bills online, you need to sign up for the net banking facility with your bank and receive a User ID and password. With this, you can n

Selecting the right credit card depends on your income, your monthly expenditure pattern and how you plan to use your card. When choosing a credit card, you need to check 4 things:1.What is the interest rate on the card?2.What are the fees and other terms and conditions of use?3.Are the benefits (like cash back or rewards plan) appropriate for your priorities?4.Are you eligible in terms of income?SBI offers a wide range of credit cards that cater t

HDFC Bank is one of the largest private sector banks in India and also one of the leading issuers of credit cards in the country. HDFC Bank offers a range of credit cards to suit the varying needs of individuals. These include entertainment cards, travel cards, cash back cards, lifestyle cards, rewards cards, business cards and co-branded cards. There is a card for everyone, depending of course on your individual eligibility b

More and more people are discovering how convenient and easy it is to use a credit card to make purchases. Are you planning to apply for a credit card in the near future? Here are a few things to keep in mind: Will I qualify for a credit card? The main factors that credit card issuers look at are your credit score, your credit report and your monthly income. Credit score: If you h

SBI offers a variety of credit cards to suit the various needs and levels of affordability of its customers. It offers lifestyle cards, rewards cards, shopping cards, travel cards as well as a range of premium cards, which means there is more than enough selection of cards for potential customers to choose from.Am I eligible for an SBI credit card? It is your credit score, credit history and current inc

Are you applying for a credit card for the first time?Or applying for an additional card?Or applying with a poor credit score?The choice of cards and offers from various banks and credit card companies can seem very confusing. You are faced with a bewildering range of types of cards (fuel cards, airline cards, lifestyle cards etc.), various annual fees and processing fees, varying interest rates, varying credit limi

A credit card is one of the most convenient ways to pay for your purchases. You do not have to carry around large and heavy amounts of cash or your cheque book - which is both inconvenient and unsafe.  Credit cards also have security features to protect you against theft or fraud. Above all, credit cards allow you use your bank’s money to make your purchases until you pay your bill at the end of a monthly billing cycle. You are using someone else’s money for free for a month

Credit cards make our lives so much easier. Whether you’re shopping online or at retail outlets, you can swipe your card to pay for your purchases. Today, banks offer an array of credit cards to suit the needs of different customers

Credit card allows you to borrow money on a monthly basis to make purchases. When you buy something using your credit card, you are using your credit card issuer’s money until you pay off the amount when you get your credit card bill at the end of a month

The first thing to do is to research all the credit cards offered by the various banks. Decide which one suits your needs the best.

What kind of information does my credit report contain?