How to calculate foreign currency conversion mark-up fees on credit cards?
If you carry a credit card from India while travelling abroad and use it at a merchant overseas, you should remember that you will be charged a conversion mark-up fee. This mark fee typically varies between 1.5 to 3.5 percent of the converted Indian currency. Over and above of this conversion mark up fee, you […]
Credit Score: How hard inquiries affect your credit report and how to avoid them
Credit score might be one of the most critical figures in any adult’s life. It reflects your borrowing and repayment habits, as documented in your credit history. Among the factors influencing your credit score are hard inquiries, often misunderstood but can significantly affect your financial standing. Let’s delve into what hard inquiries are, how they […]
How to apply for a credit card online and offline? A step-by-step guide
Credit cards provide you a variety of exclusive offers designed specifically according to your lifestyle and needs. From discounts on hotels and flight bookings to great deals on restaurants and premium brands, credit cards have everything in store for you. However, you must also understand that increased usage of credit cards can make you form […]
Credit Cards: How to manage multiple cards without hurting your credit score? Here are 11 key strategies
Many people buy credit cards to earn rewards and cash back and benefit from the same. Undoubtedly, they are a great choice for people who can manage them. However, a lot of people struggle with missed deadlines and managing multiple cards at once seamlessly. Credit cards can be managed easily with the right strategies and […]
Business credit card: What is it and how to use it for small business expenses?
If you have an idea or plan to start your venture, your first thought will be finances. Of the many financing options available, a credit card is a feasible option as many banks may not lend to a new business due to a lack of credit reports. What is a business credit card? A business […]
Credit cards: How to use them smartly without going overboard? 8 key tips
The festive season is a time for celebration, joy, and togetherness. It’s a time to shower loved ones with gifts, decorate your home, and indulge in delicious food. However, it’s also a time when it’s easy to overspend. Therefore, before you go trigger happy with your credit card spends, remember to do it prudently. The […]
Accor loyalty program: How to enjoy free hotel stays with credit card reward points?
Let us explore one such program, Accor Live Limitless (ALL) by Accor. We will discuss what is the ALL program and how credit card reward points can help you enjoy free hotel stays at Accor hotels during your family vacations. Also Read: 60% make rewards top priority in credit card choice, reveals survey What is […]
Credit card consolidation: How to effectively pay off debt? Here are 6 key ways
As reported by TransUnion CIBIL, the average credit card debt per borrower in India was approximately ₹36,000 in 2021. While this figure may not seem alarming at first glance, the reality is that many individuals struggle with substantially higher credit card debt, often exacerbated by the temptation to swipe that plastic card for every purchase. […]
Here’s how to get lower interest rates without a Fed rate cut
The Federal Reserve left rates unchanged last week and signaled that only one cut is expected before the end of the year. That means anyone who carries a balance on their credit card won’t be getting much of a break from sky-high interest charges. “Consumers need to understand that the cavalry isn’t coming anytime soon, […]
How to improve your credit score? Know it from experts
Improving your credit score is something that banks and NBFCs look favourably on, as it means that you are a responsible person fiscally and that lending to you would be safe. Experts give their advice on how to improve your credit score so that the (fiscal) sun shines down on you. Also Read: How can […]