Tue, Oct 08, 2024
Credit Card: If you make a cash transaction with your credit card—intentionally or by mistake—you might face significant financial repercussions. Once the transaction is made, regretting it won’t bring you any relief. Here are 3 disadvantages of withdrawing cash from a credit card that you need to know.
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Puneet Bhatia, Vice President of Acquisition and Product Management at American Express Banking Corp. India said, "For over four decades, the Platinum Card has been a symbol of distinction and excellence in the premium card membership category."
Thu, Oct 03, 2024
ICICI Bank on Thursday announced a tie-up with MakeMyTrip (MMT) to launch a premium co-branded credit card, specially curated for travellers. The feature-rich MakeMyTrip ICICI Bank Credit Card enhances the travel experience with unlimited rewards that never expire, a joint statement said.
Fri, May 19, 2023
Facing backlash from a wide section of people, the Finance Ministry said the move is aimed at removing procedural ambiguity with regard to Liberalised Remittance Scheme (LRS) and the levying of Tax Collected at Source (TCS).
Thu, May 18, 2023
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the government clarified on Thursday.
The central government recently amended rules under the Foreign Exchange Management Act to bring international credit card spending under the Liberalised Remittance Scheme (LRS). As a result of the move, the spending by international credit cards will also end up attracting a higher rate of Tax Collected at Source (TCS) at 20%, effective July 1.
Mon, Apr 17, 2023
Credit card spending in March touched a record high of Rs 1.37 lakh crore, according to Zee Business research.
Credit card spending surpassed Rs 1 lakh crore for the 13th month in a row, demonstrating a surge in consumer spending since the easing of the pandemic.
Sun, Apr 16, 2023
In this video we discuss smart ways in which you can maximize the rewards, cashback and perks you receive on your credit card and save the most while shopping.
Mon, Mar 27, 2023
Credit card spending has decreased in India in February. Credit card transactions fell by 7.69%. Is inflation hitting credit card spending? Why the use of credit card decreased? Know from Varun Dubey.
Fri, Mar 24, 2023
HDFC Regalia Gold Credit Card: Cardholders can redeem rewards on global flights, hotel stays, air miles and on a collection of premium brands via the exclusive Regalia Gold catalogue.
Sat, Mar 11, 2023
Paisa Wasool: In this episode, we will discuss the benefits of having a credit card and why getting a credit card could be a smart move for millennials.
Wed, Mar 08, 2023
Credit Cards For Women: On this International Women's Day, we will tell you about the right credit cards available in the market offering the best shopping offers and cashback.
Tue, Feb 28, 2023
Boosted by ecommerce sales and online transactions, credit card spends in India topped over Rs 1 lakh crore for the 11th month in a row, according to data released by the Reserve Bank of India (RBI). Know the full news from Varun Dubey.
The momentum in credit card spends in the country continued, with January seeing spends of Rs 1.28 lakh crore driven largely by online sales and transactions. Among card issuers, the highest spends were recorded in ICICI Bank, Axis Bank and SBI Card.
Wed, Feb 15, 2023
Credit card balance transfer: A credit card balance transfer is simply moving outstanding debt from one credit card to another card. It is mainly done for low-interest rate and to avoid credit card debt on the existing card.
Fri, Feb 10, 2023
Credit card debt: The major problem faced by people is not being able to pay off the credit card bill in full as it keeps on adding up to the previous months, resulting in a large debt.
Wed, Feb 01, 2023
Rules Change From February 1: Apart from the Union Budget 2023, several changes have also been announced which will directly affect the common man's pocket. Here's a list of 6 big changes that have come into effect from February 1.
Wed, Jan 25, 2023
SBI Card share price: SBI Cards and Payments Services shares succumbed to selling pressure for a second straight day on Wednesday, after the credit card issuer's quarterly numbers fell short of analysts' estimates.
Tue, Jan 24, 2023
SBI Card Q3 Results: SBI Card reported a 32 per cent year-on-year increase in net profit to Rs 509 crore for the quarter ended December 2022, missing analysts' estimates.
Tue, Jan 10, 2023
Credit Card closure full guide: Using a credit card may be overwhelming considering different discounts and schemes, however, it may sometimes lead to debt trap.
Thu, Jan 05, 2023
LIC Credit Card: LIC, in collaboration with Axis Bank, has issued three types of credit cards — LIC Signature Credit Card, LIC Platinum Credit Card, and LIC Titanium Credit Card.
Mon, Dec 19, 2022
The Kisan Credit Card Scheme was first implemented to ensure loan facility is made available at cheap rates of interest to the farmers.
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