CategoryCredit Cards

Learn all about credit cards, how-to articles and tips on making the best of credit cards in India.

7 Reasons why Every Millennial must Have a Credit Card

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Credit cards have a bad rep among millennials. More often than not, the word ‘credit card’ is automatically associated with ‘debt’. This might be due to the lack of knowledge about credit cards, especially amongst millennials.  At close to 450 million, India has the world’s largest millennial population, making them the top consumers of goods and services...

How to Pay Credit Card Bill

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As a salaried professional, a credit card can make your life much easier by helping you financially during emergencies, or with instant cash withdrawal to support your purchases. You can also use a credit card to pay for a lot of services such as your rent, electricity and telephone bills, and even on your internet and cable bills. Getting a credit card is the easiest part; however, managing the...

What are the Benefits of Using a Credit Card

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Credit Card Benefits

Ironically, a ‘credit’ card is often considered as a debt instrument. In India, as of 2019, there were approximately 48.9 million active credit card users. The consensus rests on the fact that owning this card is a trap. To maintain financial well-being, you must avoid applying for one.  But this isn’t necessarily true. While the consensus holds some basis, it does not...

12 Tips to Choose the Right Credit Cards and Travel for Free

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How to choose the right credit card

Travel is a dream for millions of people around the world. The joy of discovering new places, exploring new cultures, visiting family around the world, and experiencing diverse cuisines, landscapes, and activities is on millions of bucket lists. So, how do you make your travel dreams come true? Eugene Fodor once said, “You don’t need to be rich to travel well.” Well...

All You Need To Know About Balance Transfers and How They Can Save You Money

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Balance Transfers

With easy credit available in the Indian financial market, now it is possible to live the life of your dreams.  Whether you’re looking to finance a house, go on a vacation, or gift your parents a swanky new car, there are loans to help you with the expenses. Moreover, there are credit cards to buy things that would otherwise be beyond your budget. However, what most people don’t...

How To Improve The Chances of Approval for Your Credit Card Application?

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How to get approved for credit card application

Getting approved for credit is no mean task. When you apply for any kind of credit, be it a home loan, personal loan, or a credit card, the credit provider performs a hard pull on your credit report to determine whether you’re a responsible borrower.  These hard pulls are listed on your credit report and remain there for a few years, impacting your overall credit score rating during...

How to Improve Your Credit Score

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How to improve credit score

We’re often told that it’s crucial for us to maintain a high credit score. The message isn’t lost on many Indian millennials, with TransUnion reporting an average CIBIL Score of 740 among the generation. A high credit score has a significant impact on your ability to use various financial services and benefits, so keeping a close eye on it is an all-time affair.  But before...

Should I cancel my credit card if I don’t use it anymore?

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The answer might surprise you If you own a credit card that you don’t use anymore, cancelling the card seems like a no-brainer. However, credit card pundits would disagree. Unless it comes with an annual fee, you’re better off keeping the card. Even if your card does come with an annual fee, cancelling the card should be your last option as there are other solutions you could consider. When...

How to use interest-free period on your credit card wisely

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A step-by-step guide Do you get stuck in paying interest on credit card transactions? If so, the interest-free period could be your new best friend. As a credit card user, you may know that there is an interest-free period on your card. It might not be offered by all the banks, but most of them provide a grace period of 45-50 days. This grace period can be used wisely to avoid paying interest...

Stay updated with your American Express Credit Card Application Status

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Never miss an update. Have you applied for an American Express credit card recently? Not sure about how to check the status of your application? Here’s a step by step guide along with all the information that you need to check the status of your American Express credit card.  Read this article to understand the online and offline methods for tracking the status of your credit card...

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