[ad_1] February 2025 saw credit card spending fall to ₹1.67 lakh crore, marking a seven-month low, as per the latest Reserve Bank of India (RBI) data. The drop marks a 9% month-on-month (MoM) decline from ₹1.84 lakh crore in January. According to Asit C Mehta Investment Intermediates, the fall in credit card spending is consistent […]
5 credit card perks that can help you save on travel cost – CNBC TV18
[ad_1] As travel season approaches, finding ways to reduce expenses without compromising on comfort must be a priority for many. Credit cards, beyond their usual reward points and cashback offers, come with other benefits that can lead to savings. Here are five credit card perks that can help you save more on travel (as compiled […]
How to avoid scams and fraud while travelling: A guide for tourists – CNBC TV18
[ad_1] Cybercriminals have infiltrated every aspect of our lives. This includes travel as well. As we grow more reliant on digital technology, we are more vulnerable to fraud, too. Scams can happen to anyone. These can be anything from intricate schemes to deplete your finances to petty pickpocketing. Here are some tips that will help […]
How to maintain a healthy credit score – CNBC TV18
[ad_1] Achieving and maintaining a high credit score is important because it affects your ability to secure loans and increase credit card limits. A good credit score is between 661 and 780 on the VantageScore model and 670 and 739 on the widely used FICO scoring technique. Index Fund Corner Sponsored Scheme Name 1-Year Return […]
PB Fintech’s health insurance business growing four times faster than the industry, says Group CEO – CNBC TV18
[ad_1] PB Fintech’s Chairman and Group CEO, Yashish Dahiya, said the company’s health insurance business, which is currently growing four times faster than the industry, is a ‘long term driver of value for the company’. Health insurance currently accounts for just over 60% of the company’s net present value (NPV). and slightly more than 30% […]
5 ways to maximise credit card rewards – CNBC TV18
[ad_1] Credit cards are more than just a payment tool—they can be a gateway to valuable rewards when used strategically. Cardholders can make the most of their spending by focusing on key strategies to earn cashback, travel perks, and discounts. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis […]
What is a credit score, and how can you check it for free? – CNBC TV18
[ad_1] The credit score system plays a crucial role in determining an individual’s financial health, affecting loan and credit card approvals. The three-digit figure, typically ranging from 300 to 900 points, is an indicator of how well an individual has managed their credit and repayment history. A score of 750 or higher is generally seen […]
Credit card vs personal loan: Which is better to finance your next vacation? – CNBC TV18
[ad_1] When planning a vacation, one of the biggest financial decisions is how to fund it. Should you use a credit card or take out a personal loan? Both options have their advantages, but choosing the right one depends on your financial situation and travel plans. Here’s a breakdown of the pros and cons of […]
Five factors driving credit card adoption in India – CNBC TV18
[ad_1] The number of credit cards is expected to double and reach 200 million in the coming years, according to a recent report by PwC. The report highlights a compound annual growth rate (CAGR) of 15%, a clear indication of the rising credit appetite among Indian consumers. It must be noted that the number of […]
These credit cards will introduce new fees, reward caps in November – CNBC TV18
[ad_1] In November 2024, both SBI Card and ICICI Bank will introduce updates to their credit card charges, affecting utility bill payments, finance charges, rewards caps, and transaction fees. SBI Card changes effective November 1 Starting November 1, SBI Card will implement a 1% surcharge on utility bill payments made using SBI credit cards if […]