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If you miss your credit card due date, most Indian banks charge a late fee based on your outstanding balance, typically ₹100 to ₹1,300 or more. Under RBI rules, this fee can only apply if your bill stays unpaid for more than three days past the due date and only on the outstanding amount, not …
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Due to your busy schedule and on-the-go lifestyle, you may struggle to pay credit card bills on time. Failing to make timely payment of your outstanding balance will lead to piling up of interest with late payment charges. To avoid this additional cost, you can also pay the minimum balance if that fits your budget …
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Credit card reward points are something that most issuers offer to their cardholders for using the card. With every use, you get a certain number of points depending on several factors. You can exchange or ‘redeem’ these points for products, discounts or a cash equivalent and more. Read on to learn more about what credit …
Credit cards are a powerful financial tool. Understanding APR can help you to manage and use your credit card more responsibly. To learn about what is the annual percentage rate for credit cards, read on. What is Credit Card APR? While some credit cards are cheaper to maintain, some are more expensive. How to make …
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To help you easily track your credit card application status, card issuers offer many simple and quick options. You can complete credit card tracking online or offline, and get an update using a mode that is convenient. When you track your credit card (CC) application, your card provider will request a few details, such as: …
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When you use a credit card, the minimum amount due is one of the options that you will see in your card statement. If you are unable to clear your credit card bill in full due to budget restrictions or any other reason, paying the credit card minimum due amount is a smart option. Read …
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Today, credit card issuers allow you to generate a credit card PIN both online and offline conveniently. The PIN code for a credit card simply refers to the unique identification number that you need to set for your credit card. Whenever you make a transaction, the POS or payment gateway needs you to enter your …
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Knowing how to block credit cards is crucial. After all, unauthorised transactions can rake up your credit card bill, leading to additional charges if you don’t take any action. This can lead to a financial burden and can negatively impact your creditworthiness. Read on to learn how to block credit cards using different methods and …
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Opting for no-cost EMI on credit cards is a great way to finance big-ticket purchases without making a dent in your savings. Many credit card issuers offer this facility on select products, brands and more. Additionally, you can opt for this payment option on online and offline platforms. To know the no-cost EMI meaning, how …
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Regularly checking your credit card balance is a healthy financial habit as it indicates the amount you owe your credit card issuer. Regular balance tracking is the key to financial planning because it makes budgeting easier. It also helps you avoid late payment and interest charges as you can plan the payment in advance. Read …
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