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CREDIT CARDS NEWS

Demand for fuel credit cards jumped 10 times in 2021: Report

December 21, 2021 5:53 pm

According to BankBazaar Moneymood 2022 report, the share of fuel cards have gone up to 13.1 per cent of the overall cards.

Auto-debit on credit card rule changes from tomorrow: Here's what you need to know

September 30, 2021 7:58 pm

The RBI had earlier extended the timeline for banks and other institutions to migrate to the framework for processing of e-mandates on recurring online transactions by six months.

Explained: How tokens instead of credit card details can make transactions safer

September 10, 2021 6:47 am

The Reserve Bank of India is allowing tokenisation of cards while making payments. What does this mean, and how does it work?

Half of India's working population credit active: CIBIL report

June 29, 2021 1:12 pm

Credit institutions are fast approaching a saturation level in new customers as over half of the borrowers are from the existing customer base of a bank, the report by Transunion CIBIL said.

Auto recurring debit: E-mandate deadline extended by 6 months

April 01, 2021 12:30 am

The earlier deadline to migrate to the Additional Factor of Authentication (AFA) ended on March 31.

‘Credit card inquiry volumes recover from April levels; popularity rises in non-metros’

December 01, 2020 10:33 am

According to TransUnion Cibil, a credit information bureau, credit card popularity in traditionally cash driven, non-metro locations has risen with more consumers seeking this product.

Importance and benefits of credit cards: Here is how to get one

November 05, 2020 2:14 pm

What a credit card essentially does is, it helps you keep your financial goals on track. Here's everything you need to know about credit cards and how and why you should have one...

New debit card, credit card rules: Everything you need to know

October 01, 2020 5:01 pm

RBI New debit card, credit card rules: The new RBI guidelines for credit and debit cards hold significance because of the rising instances of online fraud cases and are aimed at making debit and credit cards more secure, reliable and curb any misuse.

Indians became cautious while taking credit in 2019: Survey

January 15, 2020 7:10 pm

Instead of keeping their major goals in life on hold, credit seekers are achieving them by being cautious, the company said in a report titled 'BankBazaar Moneymood 2020'.

Should you have multiple credit cards? Here are the benefits and drawbacks

July 12, 2018 12:12 pm

Having access to multiple credit cards can tempt you to spend more. It’s important to stick to a budget. If necessary you could consider setting a spending limit for each of your cards to control overspending.

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