Are you considering increasing your credit card limit? When used responsibly, a credit card can be a reliable financial tool during emergencies and offer a range of benefits. It’s a smart choice for managing your finances. However, the limit on your credit card may prevent you from borrowing the required amount of money. So, how … Read more
Even if you make timely payments, your credit score might need improvement. It is influenced by a key factor called the Credit Utilization Ratio (CUR), which is the amount of credit you use compared to the total credit available. For example, if your credit card limit is Rs.1 lakh, ensure your usage is within Rs.30 … Read more
Get Cashback: Credit cards are versatile borrowing tools, but they can be more than that if used strategically. However, if misused, credit cards can lead to losses. Credit cards offer many benefits, including reward points, cash back, and gift cards. Most people need to know how to take advantage of these benefits. Those aware of … Read more
Some ATMs have experienced issues where the entire card goes into the reader instead of being swiped to withdraw cash. After the transaction is complete, the card will be returned. However, there have been reports of criminals manipulating the ATM card reader to trap the card. Criminals install false card readers in ATMs to capture … Read more
If you have multiple credit cards, you can take advantage of some helpful strategies. Credit card use, known for convenience, has increased significantly, even in remote areas, with most transactions now being made with credit cards. Use credit cards strategically to take advantage of the interest-free billing cycle. The period between the date of a … Read more
Unlock the mystery behind the 16-digit credit card number and discover the secrets of CVV numbers and expiration dates. Learn how these elements protect you and enhance security. The use of credit cards has increased greatly in recent times. Many people are now using credit cards, even in rural areas. However, many people don’t know what … Read more
The use of credit cards has increased tremendously nowadays. Banks, which once considered many factors for granting credit cards, are now offering credit cards easily in the face of increased competition. Private banks especially offer credit cards with various offers. Due to this, the number of people using credit cards beyond the requirements is also … Read more
RBI Guidelines on Credit Card Management: A credit card can be a bane for many people when cash is not readily available during emergencies. Also, if you want to increase your credit score quickly, a credit card is a good tool. You can build a good credit history by paying the bills on time and … Read more
Virtual Credit Cards (VCCs) are a unique digital transaction method. They stand out from physical credit cards as they are exclusively for online use and eliminate the need for a physical card. You need a credit card or bank account to obtain a VCC, as many banks issue VCCs with varying rules. Obtaining a VCC … Read more
Some people have credit cards but don’t use them, while others only use their credit cards for emergencies once or twice a year. Although not using a credit card may not cause immediate consequences, it can lead to negative situations in the long run. Many people use credit cards to improve their CIBIL score, which … Read more