To enjoy these privileges, you need to apply for a credit card that offers additional benefits, such as reward points, discounts, and complimentary travel insurance. Several leading banks in India, including Axis Bank, SBI, HDFC Bank, and AU Bank, offer travel credit cards with lounge access benefits.
An RBI report says a similar growth trajectory is witnessed in card transactions as well. During CY2024, there were 447.23 crore and 173.90 crore payment transactions worth of Rs 20.37 lakh crore and Rs 5.16 lakh crore through credit and debit cards, respectively
The immense popularity of UPI is seen from transaction volume ratio which stands at 38.4 times of credit card transaction volumes, according to the report by Axis Securities
Police have arrested 12 members of a gang in Mumbai, including two women, which was involved in cheating people by using bogus documents to obtain credit cards.
Hyderabad: When considering using credit cards for large purchases, it is essential to evaluate different factors thoroughly. Although paying off your balance before the due date can improve your credit history and earn you rewards, carrying a balance can result in high-interest charges due to the elevated interest rates on credit card debt. To avoid […]
According to the Cyberabad Police, the suspects were collecting confidential data of credit card customers either from bank executives or from employees working in third-party companies
Hyderabad: On July 24, the Reserve Bank of India (RBI) extended the deadline for credit and debit card tokenization by three months, to September 30, from the previous deadline of June 30. The RBI has directed payment aggregators, wallets, and online merchants (other than card issuers/card networks) not to store any sensitive card-related customer information, […]
Mumbai: The Reserve Bank of India (RBI) on Wednesday proposed to allow the linking of credit cards to the Unified Payments Interface (UPI) platform. After the Monetary Policy Committee (MPC) meeting RBI Governor Shaktikanta Das announced that the implementation will start with the indigenous RuPay credit cards. “At present, UPI facilitates transactions by linking savings/current […]
