Credit Card Charges

Credit card spends dip in Feb but top Rs 1 trn for 12th straight month

February typically sees a slight dip in spends compared to other months because it has fewer days. In January, spends had touched Rs 1.26 trillion, the second highest figure ever

Maximise reward points by using the right card for your each spend

Beware that on some expenses you could be levied a fee for card usage

Want to close or cancel your credit card? Here's a step-by-step guide

When you are considering canceling a card, it should be taken into account how the cancellation of your credit card will affect your credit score

Credit card spends touch record high of Rs 1.22 trillion in September

Banking system saw a net reduction of close to 290,000 cards during this period, impacted by RBI norms warranting deactivation of cards that are inactive for a year

Active credit cards drop 2.3 million in August over new RBI norms

Spends decline 3% MoM but top Rs 1 trn for sixth consecutive month

The big plastic bonanza: Credit cards business is booming like never before

Defying the after-effects of pandemic-related pay cuts and job losses, the credit cards business is booming like never before

Growth in credit card spends is here to stay: Rama Mohan Rao Amara

Rama Mohan Rao Amara, MD & CEO, SBI Card spoke on the reasons behind record spends, the company's ideal run rate of issuance of credit cards, impact of RBI's discussion paper on payment charges.

Credit card spends touch all-time high of Rs 1.16 trillion in July

Spends have topped Rs 1 trillion level for five consecutive months now

Fintech firms seek six month-extension to comply with RBI credit line norms

RBI had barred the loading of prepaid payment instruments (PPIs) from credit lines

Align credit card perks with your spending behaviour, say experts

Paying hefty annual fee is justified if you can extract higher benefits from the card

As Covid-19 second wave wanes, credit card spending rises in India

HDFC Bank plans to aggressively issue cards after central bank withdraws ban, helping sector to make more gains.

Delinquencies in the credit card industry improved by 5 bps in 2019

Private banks put up a better show than other card financiers

Don't fall prey to impulse purchases

A credit card does have some virtues; it can be beneficial in an emergency

Credit card spend expected to grow to Rs 15 trillion by FY24: Report

Moreover, the number of credit cards outstanding is also projected to grow at fast pace of 23 per cent CAGR in the next five years

Use credit cards as convenient means to pay, not as instruments to borrow

Credit cards: Avoid the minimum amount repayment trap

Credit card dues bogging you down? Here are five ways to get rid of them

Yes, you will have to take some kind of loan, but it's better than paying usurious charges

Ask AI: Lenders bring in machines to rate credit risk of customers

The race to offer loans to customers who do not have any collateral to offer has prompted innovators to look at new sources of data on them

A snapshot of charges associated with credit cards of different banks

Here's how the charges and features of credit cards by different banks stack up