# data[].attributes.headline
Elevate Your Lifestyle with Axis Bank Magnus Credit Card

# data[].attributes.subject
Elevate Your Lifestyle with Axis Bank Magnus Credit Card

# data[].attributes.body
Discover a world of unparalleled privileges and rewards with the Axis Bank Magnus Credit Card. Enjoy exclusive benefits, personalized services, and more. Apply today and redefine your financial journey.

# data[].attributes.attachment_link.title
Axis Bank Magnus Credit Card Review September 2023

# data[].attributes.attachment_link.description
Axis Bank Magnus Credit Card offers all kinds of privileges that one expects from a premium credit card. Check out its features, Eligibility, and benefits, Apply online!

# data[].attributes.headline
Best Credit Cards to Earn Club ITC Points and ITC Culinaire Membership

# data[].attributes.subject
Best Credit Cards to Earn Club ITC Points and ITC Culinaire Membership

# data[].attributes.body
Discover the top credit cards for earning Club ITC points and gaining ITC Culinaire Membership benefits. Find the perfect card to maximize your rewards and enjoy exclusive culinary experiences.

# data[].attributes.attachment_link.readable_text
Best Credit Cards Offering ITC Culinaire Membership

The following are the credit cards in India offering complimentary ITC Culinaire Membership -

Card Details +

The IndusInd Bank Pioneer Heritage credit card is among the select Mastercard world elite cards in the country with a high joining fee of Rs. 90,000. This card is exclusively meant for elite, high net-worth individuals and is available in 2 variants Pioneer Heritage and the Pioneer Heritage Metal card. As a welcome benefit, you get a Luxe gift card and Oberoi hotels gift voucher. You also get the Club ITC Culinaire membership with the card offering exclusive privileges at ITC hotels. Other than this, you can enjoy complimentary lounge access, movie benefits, and a decent reward rate with the card. Those who regularly make international spends can benefit from the low 1.8% forex markup fee.

An Oberoi hotel gift voucher and Luxe gift card as a welcome benefit

2.5 reward points per Rs. 100 spent on international transactions

1 reward point per Rs. 100 spent on domestic transactions

BOGO offer on BookMyShow movie tickets

Exclusive privileges with the Club ITC Culinaire membership

Up to Rs. 3000 discount on your dining spends

Complimentary international and domestic lounge access

Air accident insurance cover up to Rs. 2.5 Crore

Low forex markup fee of 1.8%

Card Details +

The IndusInd Bank Crest credit card is a premium offering by the bank that charges an annual fee of Rs. 1 Lakh. The card is packed with premium privileges like air accident insurance, 24*7 concierge service, and other elite-level privileges. In addition to complimentary lounge access, you get exclusive airport privileges, Oberoi hotel stays and more with the card. The card offers you a complimentary Club ITC Culinaire membership to improve your dining experience and complimentary movie tickets as well.

2.5 reward points per Rs. 100 spent on international transactions

1 reward points per Rs. 100 spent on domestic transactions

Exclusive airport privileges like priority check-in, private lounge, baggage handling, and more

Complimentary international and domestic lounge access

Complimentary Club ITC Culinaire membership

Complimentary golf games and golf lessons per year

Up to Rs. 3000 discount at more than 100 partner restaurants

BOGO offer on BookMyShow movie tickets, up to 3 tickets per month

Personal air accident insurance cover

Card Details +

The Axis Bank Reserve is a super-premium card and the topmost offering by the bank. The card has a joining fee of Rs. 50,000 and offers EDGE reward points on almost every spend with the card with 2x reward points on your international spends with the card. You get a complimentary Club ITC Culinaire membership offering exclusive dining and stay privileges at ITC hotels across India. Also, the card offers Accorplus and Club Marriott Asia Pacific membership along with exclusive offers at Postcard and Oberoi hotels. Other than this, you can enjoy luxury airport transfers, dining and movie benefits, golf rounds, etc. as well. For people who regularly make spends in the foreign currency, the card has a low forex markup fee of 1.5%.

Bonus 50,000 EDGE reward points as welcome benefit

15 RPs per Rs. 200 spent and 2x RPs on international spends

Unlimited access to domestic and international airport lounges with Priority Pass membership

Complimentary Club ITC Culinaire membership

Complimentary Accorplus and Club Marriott Asia Pacific membership

Complimentary EazyDiner Prime membership offering up to 25% off at participating restaurants

BOGO offer on BookMyShow movie and non-movie tickets

Complimentary 50 golf rounds per year at top golf courses across India

Low forex markup fee of 1.5%

Best Credit Cards to Earn Club ITC Points

Apart from the credit cards discussed above that offer complimentary ITC Culinaire membership, there are several credit cards that allow you to transfer reward points to Club ITC points. For instance, the Reserve credit card which offers a Club ITC Culinaire membership also allows you to transfer reward points to Club ITC points at a 5:4 ratio, where 5 RPs = 4 Club ITC points.

Let's read about other credit cards that allow points transfer to the Club ITC points

Card Details +

The most sought-after and popular card by Axis Bank, the Magnus credit card has a joining fee of Rs. 12,500 and is perfect for high net-worth individuals with a lavish lifestyle. The card is packed with elite-level privileges across every spend category. The card offers complimentary airport lounge access, discounted hotel stays, airport concierge service as travel perks. Moreover, you can get dining discounts at partner restaurants and BOGO offer on BookMyShow tickets.
Coming to the reward rate of this card, you earn 12 EDGE reward points per Rs. 200 spent with the card up to Rs. 1.5 Lakhs in the month, 35 RPs per Rs. 200 spent on spends above Rs. 1.5 Lakhs and up to 5x RPs on spends at the Travel Edge portal. The reward points can be transferred to Club ITC points at a 5:2 ratio, where 5 RPs = 2 Club ITC points. Customers with a Burgundy account can continue using the transfer ratio of 5:4.

Card Details +

The Atlas credit card by Axis Bank is a sub-premium card in the travel category and offers air miles as reward points to the cardholders. The card has a joining fee of Rs. 5000 and even though it is not co-branded with any major airlines, it still offers plenty of travel benefits and privileges. You earn Edge Miles on your spends with the card that can be redeemed against partner airlines loyalty programs or to book flight or hotels. You get access to domestic and international airport lounges, airport concierge service, and high reward earning on international spends.

Based on your annual spends with the card, you can qualify for either the Silver, Gold, or Platinum membership tier of the card. The higher your tier, the ore Edge Miles you get on card renewal and more access to airport lounges. The card offers 5 Edge Miles per Rs. 100 spent on travel and 2 Edge Miles per Rs. 100 spent elsewhere. The Edge Miles can be converted to Club ITC points at a 1:2 ratio.

Card Details +

The Axis Bank Select credit card is a nice lifestyle offering by the bank with exclusive privileges across multiple spend categories including shopping, dining, travel, movies, and more. With this card, you get Priority Pass membership with access to international as well as domestic airport lounges. Get exclusive discounts on Swiggy orders and discounts at multiple partner restaurants as well. The card offers 6 complimentary golf rounds per year and up to Rs. 300 discount on BookMyShow movie tickets.

The reward rate on this credit card is also decent where you can earn 10 EDGE RPs per Rs. 200 spent and 20 RPs per Rs. 200 spent on retail. You can transfer your reward points to Club ITC points at a ratio of 5:1, where 5 RPs = 1 Club ITC point.

Card Details +

The Axis Bank Privilege credit card comes at a joining fee of Rs. 1500 and mainly offers shopping and travel privileges to the cardholder. Priority banking clients can get the card for free and it comes with 12,500 EDGE reward points as a welcome benefit. You get complimentary airport lounge access and discounts at multiple partner restaurants across the country.

Whenever you renew your card, you earn bonus 3000 EDGE reward points and you can convert the reward points into travel or shopping vouchers twice the value on annual spends of Rs. 2.5 Lakhs and above. You earn 10 EDGE reward points per Rs. 200 spent with the card. The reward points can be converted to Club ITC points at a transfer ratio of 5:1, where 5 RPs = 1 Club ITC point.

Club ITC Points Transfer Ratio on Credit Cards

The following table will help you understand the reward points transfer ratio to Club ITC points on select credit cards.

Moreover, you can also convert your Club ITC points to Club Marriott points at a 2:3 ratio, where 2 Club ITC points = 3 Club Marriott points. For instance, if you have a Magnus credit card, you can transfer reward points to Club Marriot points at a 5:4 ratio. However, if you first convert your reward points to Club ITC Points and then transfer them Club Marriot points, you effectively convert your reward points to Marriott points at a 5:6 ratio.

Similarly, you can convert Atlas credit card Edge Miles to Club Marriot points at a 2:1 ratio. However, if you first convert Edge Miles to Club ITC Points and then transfer them to Club Marriot points, you can effectively reach 1:3 ratio.

Club ITC Culinaire - Membership Benefits

There are two membership tiers in Club ITC Culinaire - Select and Elite. The Select membership costs Rs. 14,000 and the Elite membership costs Rs. 21,000 for one year.

The benefits offered under the membership are -

25% Green Points earning on food and beverage spends at ITC and Welcomhotel

20% savings on your food and beverage bill at participating WelcomHeritage and Fortune hotels

5% Green Points on eligible non food and beverage spends at participating hotels

Hi Spirited Wednesdays - Get 2 drinks at the cost of 1 on Wednesdays at select bars

Gourmet Fridays - Earn 50% extra Green Points on dining spends at participating restaurants

Birthday Special - Get bonus 50% Green Points on dining during your or your spouse's birthday week

Get 11 E-Certificates offering exclusive privileges.

The above benefits are offered under the Club ITC Culinaire Elite membership. The only difference is that the Select membership offers 10 E-Certificates to the member instead of 11 offered by the Elite membership. The Elite membership has one extra Luxury Stay certificate offering a 1-night/2-day stay at participating hotels, including buffet breakfast.

Club ITC Culinaire Membership - Welcome Experience E-Certificates

Upon enrolment to the Club ITC Culinaire program, you get welcome benefits and deals in the form of E-certificates. The membership perks you get with the credit cards are a bit different to the ones offered by the paid Club ITC Culinaire membership.

With the Axis Bank Reserve Credit Card you get:

Luxury Stays - 1 Certificates offering the member a 3 rd night free stay. The stay includes buffet breakfast in a standard room for 2 adults and 2 children below the age of 12 years.

Room Upgrade - 1 Certificates offering the member a one-time room upgrade to the next higher category, including suites, for 3 maximum nights

Culinary Delights - 2 Certificates offering the member 20% savings on food and beverage bill. It is valid for a maximum 4 guests.

Culinary Extravagance - 2 Certificates offering the member 50% savings on food and beverage bill at the All Day Dining restaurants. It is valid for a maximum of 4 guests.

Sweet Indulgence - 1 Certificate offering the member 15% savings on purchases made at Fabelle boutiques at participating ITC hotels.

Luxury Sojourns - 2 Certificates offering the member 20% savings on purchasing Welcombreak packages. It is valid on bookings made via ITC Hotels contact center only.

With the IndusInd Bank Crest Credit Card, you get:

Culinary Delights - 2 Certificates offering the member 25% discount on their F&B Bill at participating ITC hotels. IT is valid for a maximum 4 guests and is not valid for Sunday brunch.

Culinary Extravagance - 2 Certificates offering the member 50% discount on lunch/dinner buffet for 2 at participating ITC hotels. This is not valid for Sunday brunch.

Sweet Indulgence - 2 Certificates offering the member 30% discount on purchases made at gourmet shop at participating ITC hotels. Valid on purchases up to Rs. 5000 maximum.

Luxury Sojourns - 2 Certificates offering the member 20% discount on purchasing Welcombreak packages. It is valid on bookings made via ITC hotels contact center only.

Club ITC Culinaire - Other Benefits and Privileges

In addition to the welcome experience E-certificates, the membership offers multiple other privileges and benefits for members.
Fine Dining

Earn 25% Green Points on your eligible food and beverage spends at WelcomHotels and ITC Hotels

Save 20% when dining at WelcomHeritage and Fortune hotels

Get bonus 1000 Green Points on accumulated spends of Rs. 25,000 on food and beverages

Fine Living

Earn 25% Green Points on eligible food and beverage spends at participating Welcomhotels and ITC Hotels.

Earn 5% Green Points on eligible non food and beverage spends at participating Fortune Hotels, Welcomhotels, and ITC Hotels.

Save 20% on your food and beverage spends at participating Fortune hotels. This is valid up to maximum 8 guests.

Other Exclusive Offers

Hi-Spirited Wednesdays - Enjoy two at the cost of one at select bars between 6 to 8 PM on Wednesdays. The offer is valid on select beverages.

Gourmet Fridays - Get extra 50% Green Points on your dining spends on Fridays at select ITC Hotels.

Birthday Week - Get up to 50% bonus Green Points during the birthday week of you and your spouse on dining spends or hotel stay. The offer is applicable at participating ITC hotels and Sheraton New Delhi.

Best Hotels to Redeem Club ITC Points

The following are the best hotels to redeem your Club ITC Points -

ITC Gardenia, Bengaluru

Welcomhotel Kences Palm Resort, Mamallapuram

Grand Maurya, New Delhi

ITC Rajputana, Jaipur

ITC Grand Chola, Chennai

Welcomhotel by ITC Hotels, Port Blair

ITC Grand Central, Mumbai

ITC Royal Bengal, Kolkata

Sheraton, New Delhi

Conclusion

The ITC chain of hotels is renowned across the country for its exquisite services and facilities. You can a lavish and comfortable experience whenever you stay at any of the ITC hotels across the country. Right from the food to the location, and the overall experience, ITC hotels will leave you mesmerized.

The Club ITC Culinaire membership is quite great that will improve your experience at ITC hotels tenfold. You can get exclusive privileges on dining, hotel stays, and much more with the membership. As discussed above, the IndusInd Bank Crest, Pioneer Heritage, and the Axis Bank Reserve credit cards offer you complimentary Club ITC Culinaire membership.

Other than this, there are several credit cards which allow you to convert your reward points to Club ITC points at a fixed transfer ratio. Therefore, you can either get a credit card that offers complimentary Club ITC Culinaire membership or which allows you to transfer reward points to Club ITC points, if you frequently visit ITC Hotels.

FAQs:

# data[].attributes.attachment_link.title
Best Credit Cards to Earn Club ITC Points and ITC Culinaire Membership

# data[].attributes.attachment_link.description
Discover the best credit cards to earn Club ITC points and secure ITC Culinaire membership. Maximize your rewards and enjoy exclusive benefits.

# data[].attributes.headline
Credit Cards in India Providing Club Vistara Membership

# data[].attributes.subject
Credit Cards in India Providing Club Vistara Membership

# data[].attributes.body
Discover the best credit cards in India that offer exclusive Club Vistara membership benefits. Enjoy privileges like complimentary lounge access, bonus Vistara points, discounted flights, and more. Choose from leading cards like Axis Bank Vistara Infinite and Signature, HDFC Bank Diners ClubMiles, and HDFC Bank Diners Club Black. Elevate your travel experience with these premium credit cards.

# data[].attributes.attachment_link.readable_text
Credit Cards Offering Club Vistara Gold or Silver Tier Membership

The following credit cards in India offer a complimentary membership to Club Vistara Gold or Silver elite tiers -

Card Details +

Air Vistara and Axis Bank partnered to launch three co-branded credit cards and the Axis Bank Vistara Infinite is the most premium offering out of the three. The credit card has a joining fee of Rs. 10,000 and is perfect for people who want the best travel experience on their flights. You get a complimentary Club Vistara Gold membership with the card and a business class flight ticket as a welcome benefit and upon card renewal. The card provides access to privileges like bonus CV points, priority boarding, priority check-in, additional luggage allowance, and more.

Complimentary business class flight ticket as welcome benefit and upon card renewal

Complimentary Club Vistara Gold membership

6 CV points per Rs. 200 spent with the card

Bonus CV points and up to 4 Business class flight tickets as milestone benefits

Complimentary domestic lounge access at airports participating in the Visa Lounge program

Up to 40% off at partner restaurants, up to maximum Rs. 1000, under the EazyDiner program

Travel-related insurance and purchase protection cover

24*7 concierge services for flight/hotel bookings, travel, shopping, dining, etc.

Card Details +

The Axis Bank Vistara Signature credit card is the second-most premium offering out of the three co-branded credit cards by Axis Bank and Vistara. The mid-range travel card comes with a Rs. 3000 joining fee and is ideal for people who regularly fly on domestic flights. With the card, you get a complimentary Club Vistara Silver membership, complimentary lounge access, air tickets, travel insurance benefits, and more. The credit card also offers a decent reward rate on your spends along with complimentary air tickets and bonus CV points as milestone benefits.

Complimentary Premium Economy class flight ticket as welcome benefit

Complimentary Club Vistara Silver tier membership

4 CV points per Rs. 200 spent with the card

Complimentary domestic lounge access at select airports, maximum twicer per quarter

3 complimentary golf rounds at the best golf destinations across India

25% off, up to Rs. 800, at partner restaurants under the EazyDiner program

Travel-related insurance benefits

Bonus CV points and up to 4 Premium Economy flight tickets as milestone benefits

Card Details +

One of the most premium credit card offering by the bank, The SBI Elite credit card charges a joining fee of Rs. 5000 and is packed with lots of exclusive privileges and rewards. With the card, you get a complimentary Club Vistara Silver tier membership, Trident Privilege Red Tier membership, complimentary lounge access, shopping vouchers, and more. The card has everything that a premium credit card should have and offers a nice reward rate on all spends. Also, you get some exclusive benefits based on the card variant chosen by you, which is Visa, American Express, or MasterCard.

Rs. 5000 worth gift voucher as a welcome benefit

2 RPs per Rs. 100 spent with the card

Accelerated 5x RPs on dining, departmental stores, and grocery spends

Up to bonus 50,000 RPs per year on reaching the target spend milestone amount

Free movie tickets with the maximum benefit up to Rs. 6000 per year

Complimentary Club Vistara Silver Tier and Trident Privilege membership

Access to 2 domestic lounge access every quarter and 6 international lounge access annually, maximum twice per quarter

24*7 concierge service and exclusive credit card network privileges

Travel-related insurance and lost card liability cover

Low forex markup fee of 1.99% of the total transaction amount

Card Details +

A toned-down variant of the Elite credit card, the SBI Prime credit card is one of the best lifestyle cards in our nation and has a joining fee of Rs. 3000 plus taxes. The card has a nice reward rate on all retail spends with accelerated points on certain spend categories. With this card, you get a complimentary Club Vistara Silver membership and other privileges that include discounted hotel stays, complimentary airport lounge access, movie and dining benefits, and much more. Similar to the Elite card, the Prime credit card comes in three variants that offer exclusive benefits of their own.

Rs. 3000 worth gift voucher as a welcome benefit

Complimentary Club Vistara Silver tier and Trident Privilege Red Tier membership

2 RPs per Rs. 100 spent on retail with the card

Accelerated 10 RPs per Rs. 100 spent on departmental stores, dining, grocery, and movies

20 RPs per Rs. 100 spent on your birthday

Pantaloons or Yatra gift voucher worth Rs. 7000 on spends of Rs. 5 Lakhs or more in the year

Pizza Hut gift voucher worth Rs. 1000 on spends of Rs. 50,000 or more per quarter

Complimentary 8 domestic and 4 international airport lounge access per year, maximum twice per quarter

Up to 25% off at Lalit and F&B Hotels room rates with MasterCard variant

Up to 10% off on Hertz and 35% off on Avis car rentals with Visa variant

Card Details +

Air Vistara and SBI partnered to launch two co-branded travel cards and the Club Vistara SBI Card Prime is the premium variant out of the two cards. The card comes at a joining fee of Rs. 3000 and provides a complimentary Premium Economy class flight ticket as a welcome benefit. You can earn 4 CV points per Rs. 200 spent with the card along with other travel privileges like complimentary lounge access, travel insurance benefits, complimentary flight tickets and more with this card. If you are someone who travels regularly then the card will be the right choice for your needs.

1 Premium Economy class flight ticket as welcome benefit and upon card renewal

Complimentary Club Vistara Silver tier membership

4 CV points per Rs. 200 spent with the card, including fuel spends

Bonus 3000 CV points on spends of Rs. 7500 or above within 90 days of getting the card

Up to 4 Premium Economy class flight tickets on reaching the milestone spends in the card anniversary year

Rs. 10000 worth Yatra voucher on spending Rs. 8 Lakhs and above in the year

Travel-related insurance and cover for 6 Vistara flight cancellations per year, up to maximum of Rs. 3500 per ticket

Complimentary 8 domestic and 4 international lounge access with Priority Pass membership, maximum 2 per quarter

Card Details +

The Regalia range of credit cards by HDFC Bank are among the most sought-after lifestyle cards in India and the Regalia Gold credit card offers multiple elite-level privileges across many spend categories. The card has a joining fee of Rs. 2500 and offers complimentary MMT Black Elite and a Club Vistara Silver membership as welcome benefit. The reward rate on the credit card is nice and you even get accelerated reward points on select partner merchants like Nykaa, Myntra, Reliance Digital, etc. Reward points can be redeemed against the Exclusive Gold catalog and many other products/vouchers as well.

Complimentary Club Vistara Silver Tier and MMT Black Elite membership on spends of Rs. 1 Lakh or more within 90 days of card activation

Gift vouchers from Myntra, Reliance Digital, Marriott, or M&S worth Rs. 1500 on spends of Rs. 1.5 Lakhs or above per quarter

Complimentary flight ticket worth Rs. 5000 on spends of Rs. 7.5 Lakhs or more in the year

4 RPs per Rs. 150 spent with the card and accelerated 5X RPs on partner brands like Nykaa, Myntra, Reliance Digital, and Marks & Spencer

Complimentary 12 domestic lounge and 6 international lounge access with Priority Pass per year

Travel-related insurance benefits including air death cover and lost card liability cover

Spend-based renewal fee waiver and low 2.5% forex markup charges

Card Details +

The Club Vistara IndusInd Bank Explorer credit card is a premium co-branded travel card issued by the bank and is currently on the Visa network. You have to pay a very high joining fee of Rs. 40,000 for the card but the renewal fee from second year onwards is Rs. 10,000. With this card, you get a complimentary Club Vistara Gold tier membership and other privileges like complimentary lounge access, business class ticket, gift vouchers, and much more. The card offers a high reward rate in the form of CV points on your spends, and exclusive dining and movie benefits. Also, the credit card does not charge a forex markup fee on your foreign currency spends.

Complimentary Business class flight ticket and Rs. 25000 worth gift vouchers as welcome benefit

Complimentary Club Vistara Gold tier membership

Up to maximum 5 Business class flight tickets as milestone benefits

8 CV points per Rs. 200 spent on airvistara.com and 6 CV points on other travel spends

2 CV points per Rs. 200 spent on retail and 1 CV point on utility, insurance, and fuel spends

BOGO offer on movie tickets, max twice per month

Complimentary domestic as well as international lounge access

Up to Rs. 3000 discount on your dining bills twice per year

No forex markup fee on your international spends

Club Vistara Membership Tiers

There are 4 Club Vistara membership tiers which offer you the chance to fly more, earn bonus CV points, and other privileges like priority check-in, baggage handling, boarding, etc. The four tiers are - CV Base, CV Silver, CV Gold, and CV Platinum.

Whenever CV members take a flight, they earn CV points as well as Tier points. Qualification to higher membership tiers is done on the basis of number of flights taken and Tier points earned during a one-year period. All members get a Base membership upon registration and tier upgrades happen based on the following criteria -

Membership Tier

Minimum Requirements

CV Base

Automatic upon registration to the program

CV Silver

15000 Tier Points and 4 Air Vistara flights

CV Gold

25000 Tier Points and 6 Air Vistara flights

CV Silver

35000 Tier Points and 8 Air Vistara flights

CV members start off with a Base membership right after registration. When you achieve the minimum Tier Points and Vistara flights in the 12-month period, as stated above, you are upgraded to the next membership tier which is valid for the next one year.

After this validity period, if you do not meet the criteria for a tier upgrade or the current tier renewal, you are moved to the next lower tier for the next one-year period.

These are the best credit cards in India that offer cardholders with complimentary Club Vistara Gold or Silver tier membership. There are several other credit cards by top issuers in our country whose reward points can be transferred to CV Points at a fixed conversion rate and used for privileges like flight bookings, class upgrades, and more.

Benefits of the Club Vistara Elite Tiers Membership

As we read above, there are four CV membership tiers. The higher your tier, the more privileges and benefits you get for your Air Vistara travels. The following are the benefits you can enjoy with your Club Vistara Elite tier membership -

Faster CV Points accrual and redemption:

You earn CV points on all flights and the higher your membership tier, the more points you earn. It is easy to redeem your CV points for class upgrades and award flight tickets.

Access to airport lounges:

Access to airport lounges so that you can relax comfortably while waiting for your flight boarding and avoid the congestion at the airports.

Exclusive Elite Tier benefits:

As your membership tier upgrades, you enjoy many privileges like one-class upgrades, airport transits, priority check-in, priority standby, additional baggage allowance, priority baggage handling, lounge access, and more.

Priority Waitlist Clearance:

Based on seat availability and the Tier level, CV members get priority waitlist clearance.

Free early flights:

CV members can board early flights at no extra cost in case they arrive early to the airport. This is valid only if a flight has seat availability and it departs within 4 hours before the original booked flight.

Guaranteed flight reservation:

CV Gold and Platinum members are guaranteed an Economy class flight seat if they submit their request within 48 hours or 24 hours of the flight departure, respectively. This is valid only if there is no available seat in the Premium Economy or Business class.

Free flight rescheduling:

CV Platinum members can reschedule their flight reservation without paying any extra charges. They only need to pay the extra fare difference.

World-Class airlines and lifestyle partners:

CV points can be redeemed for flight tickets with a number of Vistara airline partners like Singapore Airlines. Also, CV points can be used for car rentals, retail, points transfer, hotel stays, dining, and more.

Conclusion

Air Vistara is undoubtedly among the best airline companies in India and their loyalty program, Club Vistara, has numerous privileges and benefits for frequent flyers. With a CV membership, customers can earn extra CV points as well as Tier points that can help with membership tier upgrades.

As discussed above, there are several credit cards in the country that offer complimentary Club Vistara Gold and Silver tier membership to the cardholders. Also, you can earn CV points on your spends that can be redeemed for award flights as well as flight class upgrades.

CV members even get access to airport services like priority check-in, additional baggage, baggage handling, etc. Moreover, members can avail benefits like free flight rescheduling, guaranteed flight reservations, priority waitlist clearance, and more. If you travel regularly via Air Vistara, you should definitely get a credit card offering complimentary Club Vistara Gold or Silver membership.

FAQs:

# data[].attributes.attachment_link.title
Best Credit Cards in India Providing Club Vistara Membership - Card Insider

# data[].attributes.attachment_link.description
The following credit cards in India offer a complimentary membership to Club Vistara Gold or Silver elite tiers - Card Details + Air Vistara and Axis Bank partnered to launch three co-branded credit cards and the Axis Bank Vistara Infinite is the most premium offering out of the three.

# data[].attributes.body
Credit cards are one of the most popular and convenient mode of payment. But there are times when you might need access to cash immediately and might not have the time to withdraw money from an ATM or bank. In such situations, you can use your credit card to withdraw cash. Most credit cards allow you to withdraw cash advance, although there are some conditions and restrictions that apply. Check out this article to learn everything you need to know about HDFC credit card cash withdrawal, including the process, charges, and limit.

# data[].attributes.attachment_link.readable_text
Most people use credit cards today, but not everyone knows all the features and usage of a credit card properly. They are just aware of the annual fee, credit limit, etc, but there are a lot more things to know. Credit card issuers provide many facilities and benefits to their credit cardholders. Cash withdrawal is one such facility that credit cardholders can avail of. HDFC Bank, being one of the major credit card issuers in the country, offers a wide range of credit cards and it has a great customer base. Like every other card issuer, HDFC Bank also allows its customers to withdraw cash using their credit cards, however, there are certain terms & conditions and fees & charges that need to be kept in mind by the cardholders while availing of this facility.

Lots of individuals often withdraw cash using their HDFC Bank Credit Card, but they are not aware of the fees and charges associated with it. Not only this but there is a certain limit up to which the cardholders can withdraw cash using their credit card. However, the process is very similar to that of debit cards, but the credit cardholder may end up paying additional charges on withdrawing cash. In this article, we will make you understand everything about HDFC Credit Card Cash withdrawal, all the charges associated with it, the maximum limit up to which cash can be withdrawn, etc. Keep reading for detailed information on the same:

HDFC Credit Card Cash Withdrawal

As mentioned earlier, HDFC Bank Credit Cardholders can withdraw cash using their credit card. There are certain charges, including cash advance fees, and interest charges that need to be paid by the cardholders. Moreover, there is a certain cash advance limit for every credit card. These charges and cash limits can be different for different cardholders and can be decided on the basis of various factors. Some of the most important points that should be considered before availing of the cash advance facility are as follows:

Cash Withdrawal Process

The process of withdrawing cash using a credit card is very similar to that of a debit card. You can just visit the nearest ATM to you with your credit card and follow a few simple steps as mentioned below:

- Insert your credit card into the ATM.
- Select the language of your preference.
- Choose the option of Withdrawal/
- Enter your credit card's 4-digit PIN.
- Enter the amount you want to withdraw and proceed further accordingly.

There are several more functions that the HDFC bank credit cardholders can perform via an ATM. If you have an HDFC bank Credit Card, you can check the balance on your credit card, generate/change the PIN on your card, and obviously, withdraw cash.

Charges

If you withdraw cash using your credit card, you need to pay a few charges, including cash advance fees, interest charges etc. One of the most important things to know here is that there is no interest-free period on cash withdrawals made using a credit card, unlike other transactions that are eligible for an interest-free period of up to 50 days. It means if you withdraw cash using your credit card, the interest starts accruing on ut from the very next day of the transaction. Following are the types of charges that are applicable on HDFC credit card cash withdrawals:

Cash Advance Fee

The cash advance fee is the same for all the HDFC Credit Cards. It s 2.5% of the withdrawn amount subject to a minimum of Rs. 500. For example, if you withdraw Rs. 30,000 using your credit card, it's 2.5% would be Rs. 750 and hence you will have to pay Rs. 750 as a cash advance fee. However, if you withdraw only Rs. 2,000, its 2.5% would be Rs. 50, but you will still have to pay a cash withdrawal fee of Rs. 500.

Interest Charges

The interest charges on cash withdrawals are the same as that on the other transactions made using HDFC Bank Credit Cards. However, the cardholders don't get an interest-free period for cash advance transactions. The interest rate on most of the HDFC Bank Credit Cards is 3.6% per month and it is lesser for selected premium credit cards like HDFC Infinia Card, Diners Club Black Card, and a few more.

Cash Advance Limit

The HDFC Bank Credit Cardholders should be aware of the fact that they can not withdraw an unlimited amount using their credit card, but there is a certain limit up to which cash withdrawal is allowed on credit cards. This cash limit is not equal to the credit limit of your card, but a small percentage of it. Therefore, the cash advance limit may vary for each cardholder on the basis of their total credit limit. The credit limit of each cardholder may be different based on their annual income, credit score, and a few more factors, and the cash limit varies accordingly.

For the HDFC Bank Credit Cards, the cash advance limit is 40% of the total credit limit on a card. For example, if your total credit limit is Rs. 10 lakhs, your cash advance limit would be Rs. 4 lakhs, i.e, you can withdraw only up to Rs. 4 lakhs using your credit card in a particular statement cycle.

Bottom Line

The cash advance facility is provided by the card issuers so that the cardholders can avail of it in emergency situations. So, the cardholders should make sure that they don't withdraw cash using their credit card until it's really urgent. It is because you will have to pay unnecessary additional charges whenever you will withdraw cash using your card. Moreover, if you have an HDFC Bank Credit Card, you should also know that you can withdraw cash only up to 40% of your total credit limit, which is not really a bad limit as some card issuers offer even lower cash limit to their credit cardholders.

We hope that now you have understood everything about HDFC Credit Card cash withdrawal. If you still have additional doubts, you can freely ask us in the comment section below!

# data[].attributes.attachment_link.title
HDFC Credit Card Cash Withdrawal : Process, Charges & Limit

# data[].attributes.attachment_link.description
Most people use credit cards today, but not everyone knows all the features and usage of a credit card properly. They are just aware of the annual fee, credit limit, etc, but there are a lot more things to know. Credit card issuers provide many facilities and benefits to their credit cardholders.

# data[].attributes.body
It is very important to know how to activate your credit card so that you can use it for purchases. In order to activate your ICICI credit card, you will need to follow a few simple steps. First, you will need to find the activation number on your credit card statement. Next, you will need to call the customer service number and provide the activation number along with your personal information.

# data[].attributes.headline
Steps That Should Be Immediately Taken If Credit Card Is Lost Or Stolen

# data[].attributes.subject
Steps That Should Be Immediately Taken If Credit Card Is Lost Or Stolen

# data[].attributes.body
If you have lost your credit card or had it stolen, there are a few steps you should take immediately to minimize the damage. The first step is to call your credit card issuer and report the loss or theft. You will then need to cancel your card and get a new one.
The second step is to check your credit report for any fraudulent activity. If you find any, you should report it to the credit bureau. The third step is to take steps to protect yourself from identity theft. This includes monitoring your credit report and being vigilant about any suspicious activity.

https://cardinsider.com/blog/steps-that-should-be-immediately-taken-if-credit-card-is-lost-or-stolen/

# data[].attributes.attachment_link.title
Steps That Should Be Immediately Taken If Credit Card Is Lost Or Stolen

# data[].attributes.attachment_link.description
If your credit card is lost or stolen, know the steps to block, replace or reissue a new credit card. Learn More.

# data[].attributes.headline
Credit card interest rates are high, and they continue to rise. How much does credit card debt really cost you?Get full information here:-

# data[].attributes.subject
Credit card interest rates are high, and they continue to rise. How much does credit card debt really cost you?Get full information here:-

# data[].attributes.body
Credit card interest rates are high, and they continue to rise. How much does credit card debt really cost you?

Get full information here:-https://cardinsider.com/blog/credit-card-interest-rates-everything-you-need-to-know/

#creditcards #finance

# data[].attributes.attachment_link.readable_text
Credit cards are one of the easiest financial tools with the help of which, you can cover your immediate financial needs. But a few people are still unaware of the fact that you have to pay an interest amount on the transactions that you do using your credit card if you do not pay back the amount by the payment due date. Therefore, the interest rate is one of the most important credit card features that affect the cost of carrying a balance on a credit card that you would likely want to minimize.

Credit card interest rate and interest charge calculation is quite a complex thing sometimes people have a fear of understanding such figures. They simply pay the amount that is billed to their credit card. Therefore, with the help of this article, we will try to make you understand everything about credit card interest rates so that you have a better understanding of this and then you will be easily able to choose the best credit card for yourself. Keep reading the article to know more about the same.

Credit Card Interest Rate: Meaning

Also known as 'Finance Charge', the credit card interest rate is the price that you pay to the credit card issuing companies for borrowing money from the credit card. This interest rate is charged only to those applicants who do not pay the complete bill amount by the due date. For example - If an individual is supposed to pay a credit card bill of Rs. 20,000 by the due date and if because of any reason, he does not pay the full amount but pays either the minimum due amount or an amount that is less than the full amount, interest charges will be levied on the outstanding amount which the credit cardholder will have to pay in the next billing cycle along with the amount that is already due.

Calculation of Interest Rate

In India, the credit card interest rate is calculated as per the Annual Percentage Rate (APR). Rather than monthly interest rates, credit card interest rates are calculated for the whole year. But while determining interest rates for monthly transactions, the monthly percentage rate (MPR) will be applied. These interest rates are not the same for all banks, rather these rates differ from bank to bank and even from card to card. You are informed by the credit card issuer about this rate whenever you apply for a new credit card.

Transactions on Which Interest Charge is Levied

Not all the transactions that we do use a credit card levy interest charges but there are some specific transactions on which interest charges will be applicable. Following is the list of those transactions -

Whenever a credit cardholder fails to pay the full credit card bill amount by the due date, an interest charge will be applicable on such amount.

If in case you pay the minimum due amount against the total billed amount, then the interest charge will be applicable on the balance amount.

When credit cardholders pay an amount that is higher than the minimum due amount but exceeds the minimum due amount, in that case as well, credit cardholders will have to pay interest charges on the balance that is yet to pay.

Whenever a credit cardholder withdraws cash through ATM using his credit card, the interest charge will be levied on such transaction as well. In this case, interest will start accumulating from the day on which the cash is withdrawn using a credit card and till the day the payment is made.

Credit Card Interest-Free Period: Meaning

Credit Card Interest-Free period is a period when no interest is charged on the transactions that you make using a credit card. This is the time period between the day on which you make a credit card transaction and the day on which your credit card bill payment is due. The interest-Free period is not the same for all the transactions that you make using your credit card but is different on the basis of the date on which you make the transaction. It generally ranges between 21-45 days depending on the date on which the transaction is made.

Bottom Line

Credit card interest rate is one of the crucial factors when an individual uses a credit card. Any delay in the bill payments can lead to a hefty attraction of interest charges that the credit cardholder will have to pay in the next billing cycle. Certain transactions such as not paying the bill in full, availing of cash advance facility, etc attract interest charges. Therefore, cardholders should take care to pay off their bills in time and should try to use a credit card in such a way that they get the maximum interest-free period and have ample time to collect money to pay by the bill due date.

# data[].attributes.attachment_link.title
Credit Card Interest Rates - Everything You Need To Know

# data[].attributes.attachment_link.description
Credit cards are one of the easiest financial tools with the help of which, you can cover your immediate financial needs. But a few people are still unaware of the fact that you have to pay an interest amount on the transactions that you do using your credit card if you do not pay back the amount by the payment due date.

# data[].attributes.headline
6 Disadvantages of Late Credit Card Payment

# data[].attributes.subject
6 Disadvantages of Late Credit Card Payment

# data[].attributes.body
Late credit card payments can have a number of negative consequences. If you are frequently late with your payments, you may be charged additional fees, your interest rate may be increased, and your credit score may be negatively affected. Your late payments may also be reported to the credit bureaus, which can further damage your credit score.
#creditcards #finance #india

# data[].attributes.attachment_link.readable_text
Credit card brings a plethora of advantages and disadvantages along with it. On one hand, it can prove to be a boon and on the other hand, it can be a bane to the credit cardholders. There are endless advantages of using a credit card, they offer reward points on the spending, convenience in borrowing funds, purchase protection, and hassle-free functioning. A credit card bestows a lifestyle to its members and helps in increasing their purchasing power.

The benefits of credit cards only come to fruition when they are used responsibly. The chances of leading the credit cardholders into a vicious debt circle increase when the credit cards are handled carelessly. The biggest mistake done by the card members is borrowing funds one after the other and not repaying the previous due amount in the Grace period. This article focuses on the consequences of the late credit card payment and how you should avoid this from happening throughout the time you own a credit card.

Disadvantages of Late Credit Card Payment:

1. Higher Rate of Finance Charges: The late payment of credit card due bill attracts the chances of a higher rate of finance charges. The finance charges can shoot up to 49.36% annually. The higher the rate of interest the higher the chances of one to lead into a debt spiral.

2. Bad Impact on Credit Score: The credit score is the one that gets highly impacted when the credit card due amount is paid late. The possibility to get a loan from the bank decreases and on missing out the due date repetitively can lead to the addition of the term defaulter in the credit card statement.

Also Read: Everything You Need To Know About Credit Score

3. Termination of Grace Period: The bank has the sole discretion to terminate your interest-free period in case you have defaulted several times. The grace period is a huge advantage to the credit card members since the bank is not charging any interest on the borrowed in that period. This period can go up to 21 to 51 days depending on the credit history of the cardholder.

4. Late Payment Fee: The late payment fee is charged when the cardholder does not even pay the minimum amount of the due balance before the due date. On crossing the due date, the card members are charged with a late payment fee which differs from bank to bank. It can become burdensome to pay late payment fees along with the finance charge. On paying a minimum amount from the due balance the bank does not charge any late payment fee.

5. Decline in Credit Limit: The spending capacity depends on the credit limit, higher the credit limit higher the spend limit. Repeated default in the due payment can lead to a decline in the credit limit which will ultimately affect the cardholder's purchasing power.

6. Paying only a percentage of Due Amount: People think that paying the minimum amount from the due balance can help them get less interest. In doing so, the cardholder is attracting troubles for the next billing cycle. You are accumulating interest starting from the transaction date and not from the payment due date. So, it is better to clear your dues before the due date.

Ways to Avoid Late Payment:

We all know how difficult it is to keep up with the reminders in the busy schedule. This certainly can lead you to the pit holes of the credit market which can in a way make it more difficult to maintain one's creditworthiness. You can opt for any of the below-given choices in order to pay the due amount without attracting any sort of distress in your life.

1. Make the advance payment: Choosing this option can be beneficial to credit cardholders. If you have funds available it is best to make the payment in advance so that you don't have to worry about the due date and the finance charges.

2. Set-up Reminder: You can set up reminders in your phone which makes it easier for you to keep a tab on your payment due date. It's better to set a reminder 3-4 days earlier before the due date so that you can pay-off the due amount swiftly.

3. Auto-Pay Option: One can contact the bank either by calling on the customer care helpline number or sending a mail to opt for 'Auto-Pay' option or visit the bank's branch. On opting for the 'Auto-Pay' option, the bank will deduct the due amount on a specific date and it will reduce the chance of missing out on the payment to zero. Auto-Pay option by far can be the option to go for.

Suggested Read: Should You Automate Your Credit Card Payment?

4. Payment due date: If you are the one who owns multiple credit cards, then you can call the bank and get payment due dates changed to one payment due date for all your credit cards or you can select one week in which all the due payments of each credit card can be paid off.

5. Use third-party apps: You can also use third-party apps which store all the information about your credit card. Even if you are a multiple credit cardholder, apps like 'Cred', helps you manage all your credit cards in one place. This app helps you to pay your credit card bills.

Bottom line:

When it comes to credit card payments, due care is needed otherwise it can bring a lot of worries and troubles to the table. Frequently defaulting the payment due date can lead to double charges: the first one is the interest rate and the second one is a late fee. Non-payment of credit card bills can adversely affect your creditworthiness which in the future will make it difficult for you to get any loan or credit card. Your credit score can worsen to the point that the financial institutions after going through your credit score can reject your loan application. If you do not repay the due balance then the banks can take rigorous steps against the defaulters and one can face legal proceedings as well. So our suggestion to all our readers is to use your credit cards responsibly and pay all your credit card bills on time.

# data[].attributes.attachment_link.title
6 Disadvantages of Late Credit Card Payment - Card Insider

# data[].attributes.attachment_link.description
Credit card brings a plethora of advantages and disadvantages along with it. On one hand, it can prove to be a boon and on the other hand, it can be a bane to the credit cardholders. There are endless advantages of using a credit card, they offer reward points on the spending, convenience in borrowing funds, purchase protection, and hassle-free functioning.

# data[].attributes.headline
This Is How Your Credit Score Is Impacted By Your Credit History!

# data[].attributes.subject
This Is How Your Credit Score Is Impacted By Your Credit History!

# data[].attributes.body
Your credit score is one of the most important numbers in your life. This three-digit number is used by lenders to determine whether or not you’re a good candidate for a loan or a credit card. It’s also used by landlords to decide if you’re a responsible tenant. In short, your credit score has a big impact on your financial life. But what exactly is a credit score? And how is it determined? Read on to find out!

# data[].attributes.attachment_link.title
How Your Credit Score Is Impacted By Your Credit History!

# data[].attributes.attachment_link.description
Here we have mentioned some imprtant factors that define how credit score is impacted by your credit history!

# data[].attributes.headline
Tips On Choosing The Perfect Credit Card For Your Business!

# data[].attributes.subject
Tips On Choosing The Perfect Credit Card For Your Business!

# data[].attributes.body
As a business owner, you know that every penny counts. You are always looking for ways to reduce costs and increase profits. One way to do this is by choosing the right credit card for your business. There are a lot of different credit cards out there, and it can be difficult to know which one is right for your business. The following tips will help you choose the perfect credit card for your business needs:

# data[].attributes.headline
Credit Card Eligibility vs Digital Card Eligibilty Criteria

# data[].attributes.subject
Credit Card Eligibility vs Digital Card Eligibilty Criteria

# data[].attributes.body
If you are looking for a new credit card, you may be wondering what the difference is between a traditional credit card and a digital card. Both types of cards have their own eligibility criteria that you will need to meet in order to be approved. Generally speaking, credit card eligibility criteria are more lenient than digital card eligibility criteria. To learn more about the difference between credit card eligibility and digital card eligibility, read on!

# data[].attributes.attachment_link.readable_text
Credit Cards are now an integral part of our lives and it becomes difficult for many individuals to manage their finances without a credit card. However, getting a credit card is not as easy as it seems to be. There are some eligibility requirements that need to be fulfilled by individuals to get a credit card. These criteria may depend on various factors, including the applicant's age, income, credit history, relationship with the bank, etc. When it seems to be difficult to get a credit card, the best alternative one can think of is a digital card. Digital Cards work very similar to credit cards, but you just don't have a physical card in your hands. These cards also require some eligibility criteria to be fulfilled, but it is generally easier to get a digital card than to get a physical credit card.

In this article, we will discuss how credit cards are different from digital cards. Also, we will make you understand the difference between the eligibility criteria required for Credit Cards and for Digital Cards. Keep reading for further information:

Credit Cards and Their Eligibility Criteria

Let us first understand what credit cards are and what all requirements you need to fulfill to get a credit card:

What is a Credit Card?

A Credit Card is a financial tool that makes your purchases convenient by allowing you to pay for your spends later. These cards are widely accepted online as well as offline nowadays. Every credit card comes with a separate credit limit, which is the maximum amount that one can spend using their card in a particular billing cycle. The billing cycle is generally of 30 days, i.e, one month, and the bill is generated every month on the last date of a billing cycle. After that, the cardholders get 15-20 days to clear their dues. Therefore, you get up to 45-80 days to pay for your spends with a credit card.

Read More: Why Do You Need a Credit Card?

Eligibility Criteria

Though the eligibility requirements for a credit card may vary for different credit cards from different issuers, there are some basic requirements that you need to fulfill for almost every credit card. The following are some of these requirements:

- Age: Most card issuers offer credit cards to those whose age is 21 years or above. However, in the case of a few issuers, the minimum eligible age to get a primary credit card is 18 years. To get a supplementary or add-on credit card, the age of the applicant needs to be a minimum of 18 years old.
- Income: You should also have a stable source of income to get a credit card. Salaried, as well as self-employed people, can get a credit card, provided that they fulfill the income requirements specified by the respective banks. The card issuers check for the applicants' income in order to ensure that the cardholders can repay the amount they spend on their cards.
- Credit Score: The credit score of an individual also plays an important role in the approval/rejection of his/her credit card application. The higher your credit score is, the higher are chances of your credit card application approval. The credit score requirements may vary from card to card. Premium credit cards generally require a higher credit score compared to basic or entry-level credit cards.

Digital Cards and Their Eligibility Criteria

Now, you might have understood everything about credit cards and their eligibility requirements. Let us have a look at digital cards and their eligibility criteria now:

What are Digital Cards?

Digital Cards can be considered the online version of physical credit cards. These are generally issued by non-banking financial institutions and not by banks that issue credit cards. Digital Cards work very similarly to credit cards, but the only difference here is that these are more suitable for online purchases and not for offline ones. The whole process from application to approval to issuance is online. Digital Cards generally have a zero annual fe e, however, some of them might change a nominal membership fee. You get a credit limit in the case of digital cards as well and this limit is generally sufficient enough to make multiple transactions.

Eligibility Criteria

The eligibility criteria required for Digital Cards are not as strict as that for credit cards. The following are some of the basic eligibility requirements for digital cards:

- Age: The minimum age of the applicant needs to be 18 years (generally) in the case of Digital cards. It may vary from issuer to issuer, but most of them offer digital cards to individuals who are above 18 years of age.
- Income: Income requirements are not very strict in the case of Digital cards. Even if you have a low income or no income at all, you might get approved for a digital card, provided that you fulfill the other requirements.
- Credit Score: You don't really need a very good credit score to get approved for a digital card. people generally get digital cards to build their credit history from scratch. So, even if you don't have a credit history, you can start building it using a digital card.

In the case of digital cards, the application process is fully online and hence, you can avoid the hassle of visiting the bank again and again. You can even activate your card online and start using it within a few seconds after it gets issued to you. However, the credit card application process takes a longer time.

Bottom Line

Credit Cards obviously are a better choice when we look for a card to keep with us on a long-term basis. But, Digital Cards can be great for those who have no credit history or a low credit score. If you are finding it difficult to get approved for a credit card, you should try getting a digital card first and build your credit history by using it in a responsible manner. Once you build a good credit score above 750, it will become easier for you to get approved for a credit card.

# data[].attributes.attachment_link.title
Credit Card Eligibility vs Digital Card Eligibilty Criteria

# data[].attributes.attachment_link.description
Credit Cards are now an integral part of our lives and it becomes difficult for many individuals to manage their finances without a credit card. However, getting a credit card is not as easy as it seems to be. There are some eligibility requirements that need to be fulfilled by individuals to get a credit card.

# data[].attributes.headline
How Opening a New Credit Card Affects your Credit Score ?

# data[].attributes.subject
How Opening a New Credit Card Affects your Credit Score ?

# data[].attributes.body
A credit score is a numerical expression based on a statistical analysis of a person’s credit files, to represent the creditworthiness of that person. In this article, we will explore how opening a new credit card affects your credit score and what you can do to mitigate the impact.

# data[].attributes.attachment_link.readable_text
While the idea of opening a new credit card and the financial liberty that ensues is certainly appealing, doing so would entail scredit-score-india.jpgignificant consequences for your credit score. The manner in which you employ your credit card would be an important determinant of whether the effect of acquiring a new credit card would be positive or negative. So let's look at the effects that opening a new credit would have on your credit score:

Negative Effects of Opening A New Credit Card

Opening a new credit card account could be detrimental to your credit score in the short term due to the following factors:

Average Credit Age: Credit age is a significant constituent of your credit score and is determined by the age of your oldest account, newest account, and the average age of all the accounts. When you open a new credit card, the average age of your accounts gets lowered which can lower your overall credit age. This can especially be exacerbated if you don't have many accounts and haven't opened a new one in a while.

A Hard Inquiry: When you apply for any form of credit, lenders always do a credit check on you to determine whether you are a reliable borrower. This causes a hard inquiry on your credit report and results in a temporary decrease in your credit score. However, if you indulge in too many hard inquiries, it can cause a substantial decrease in your credit score. It would be better to space your credit applications in order to avoid a significant hit to your credit score.

Augmented Credit Utilization: Credit Utilization refers to the ratio of your expenditure through your credit card relative to your credit limits. If your credit card balance is comparable to your credit limit due to unfettered spending then your credit score is bound to take a hit. A substantial portion of your credit score is determined by how much of the credit available to you is being used. It is advisable to always keep your Credit utilization below 30%, if not more, to maintain a decent credit score.

Positive Effects of Opening New Credit Card

A new credit card need not only have deleterious consequences for your credit score. Opening a new credit card can also improve your credit score in the following ways:

Lowering your Credit utilization: If you avoid making any new expenditures on your new credit card, you can improve your available credit utilization as the total credit available to you would increase due to the new credit account while your expenditure remains constant.

Improving your credit mix: If you don't have a credit card, opening a new credit card account can diversify your credit mix. Your credit mix indicates the diversity of your credit accounts and a good credit mix bolsters your credit score. It is indicative of your ability to obtain and take care of various kinds of credit and is considered a good indicator by lenders. So, opening a new credit card account can improve your credit mix, which constitutes a substantial portion of your credit mix. So, an increase in credit mix can boost your credit score.

Enhancing your payment history: If you haven't had the best of track records when it comes to credit and loans, then opening a new credit card account can provide you just the opportunity that you need to rebuild your payment history. Payment history is probably the most important part of your credit score and amounts to about 35% of your credit score. You can improve your payment history by making your credit payments on time. This will establish your reliability as a borrower and if you remain consistent in your payments, then you can increase your score in the long run. Even if you don't have a woeful payment history, timely payments can help you build your credit score and make it easy for you to obtain credit in the future.

Bottom Line

Opening a new credit card does have a short-term effect on your credit score that may vary slightly depending upon variance in an individual's circumstance. However, the long-term effects of doing so depend more on your credit habits than anything else. So, if you have the habit of being regular and timely in your payments, if your use your credit wisely, and do not take on excessive credit, then you would be able to overcome any short-term effects of opening a new credit card and would be able to get the maximum benefit out of it.

# data[].attributes.attachment_link.title
How Opening A New Credit card Affects Your Credit Score - Card Insider

# data[].attributes.attachment_link.description
While the idea of opening a new credit card and the financial liberty that ensues is certainly appealing, doing so would entail scredit-score-india.jpgignificant consequences for your credit score. The manner in which you employ your credit card would be an important determinant of whether the effect of acquiring a new credit card would be positive or negative.

# data[].attributes.headline
How to redeem Bank of Baroda (BoB) Credit Card Reward Points

# data[].attributes.subject
How to redeem Bank of Baroda (BoB) Credit Card Reward Points

# data[].attributes.body
Bank of Baroda BoB Credit Card Reward Points can be redeemed for a wide range of merchandise, travel bookings, and other services. To redeem your points, simply log in to your account on the BoB website and navigate to the ‘Rewards’ section. Therefore, it is advisable to check the terms and conditions before redeeming your points.
#creditcards #finance

# data[].attributes.attachment_link.readable_text
Bank of Baroda offers plenty of credit cards to its customers. Credit card applicants are free to choose from the available credit cards on the basis of their needs and requirements, and they should also consider their spending pattern once before they apply for a credit card. The reason behind this is that cardholders can earn higher reward points if they opt for a credit card that will provide them with reward points on the basis of their spending pattern.

All the credit cards by Bank of Baroda offer amazing features and benefits such as generous reward points, fuel surcharge waiver, spend-based waiver, bonus reward points, and much more to its members. However, a credit cardholder should just not be concerned about earning reward points with credit cards because the reward points will be of no use if you just keep accumulating them. These reward points should be redeemed well in time so as to enjoy the benefits of these points.

Once a credit cardholder has earned reward points while making regular spending using his credit card, he must have gathered a good amount of reward points that should be redeemed. While the bank offers various options of reward point redemption to cardholders, it becomes difficult for them to choose the best and the most advantageous method of redemption. Another important point that a cardholder should know is that the monetary value of all the reward points differs from one card to the other and also that these reward points come with an expiry date. Hence, they should be redeemed before expiry so that you can get the maximum benefit from the reward points as well. Therefore, by the end of this article, you are aware of the methods and procedures of credit card reward point redemption.

Bank of Baroda (BoB) Credit Card Reward Points - How to earn

It is quite easy to earn reward points with credit cards. All you have to do is to make your regular spending using your credit card and you will start earning reward points. The reward points that you earn will differ on the basis of the categories on which you spend using your card. Furthermore, if you choose a credit card keeping your spending pattern in mind, you can also earn accelerated reward points while you spend on those particular categories using your card.
While you continue to spend using your credit card, the reward points will keep on accumulating in your account. Below mentioned is the reward structure with which you can earn reward points with your BoB Credit cards while you spend using these cards -

Generic Credit Cards

Name of the Card

Reward Structure

BoB Prime Credit Card

4 Reward Points for every Rs. 100 spent on all categories except fuel.

Co-branded Credit Cards

Name of the Card

Reward Structure

IRCTC BoB RuPay Credit Card

Up to 40 Reward Points for every Rs. 100 spent on booking railway tickets through IRCTC Website or Mobile Application.

4 Reward Points for every Rs. 100 spent towards grocery, and departmental store spends.

2 Reward Points for every Rs. 100 spent on all other categories.

HPCL BoB ENERGIE Credit Card

24 Reward Points for every Rs. 150 spent on all fuel transactions at HPCL fuel stations in India.

10 Reward Points for every Rs. 150 spent on groceries, and departmental store spends.

2 Reward Points for every Rs. 150 spent on all other transactions.

How to redeem Bank of Baroda (BoB) Credit Card Points?

Since Bank of Baroda issues general credit cards to co-branded credit cards, hence the redemption procedure of these credit cards would be different from each other. The rewards that you earn with these credit cards can be redeemed on the Bank's official page against a variety of options. Also, a cardholder should remember that these reward points come with an expiry date and hence should be redeemed before their expiry. Additionally, you should also make sure to go through the most important terms and conditions on the bank's website once before you initiate the redemption process.

Redemption of reward points earned with general credit cards -

The points that the cardholders earn with general credit cards can be redeemed either through online mode or offline mode.

Online Mode -

For people who are comfortable with using internet banking, the online method of redemption is one of the easiest and the simplest methods to redeem the earned rewards. You do not have to visit any bank branch for this. You can redeem these anywhere and at any time, even by sitting at your own home. All you have to do is to follow the steps that are mentioned below for redemption -

Visit Bank of Baroda's official page.

Enter your registered id and password to log in to the portal.

From the various option available on the page to redeem the reward points, select the category against which you want to redeem the reward points.

Start selecting and adding the items to your cart that you would like to purchase.

Click on 'Redeem Points' and then mention the number of reward points that you would want to redeem.

Now proceed to 'Checkout'

Put a checkmark on the box mentioned against the 'Terms and Conditions and click on 'Redeem' to complete your purchase.

For the purpose of redemption, 1 Reward Point = Rs. 0.25

Once your redemption order is confirmed, the cardholder will receive the vouchers on the mobile number and e-mail id that is registered with the bank.

Offline Mode -

Individuals who are not comfortable with using internet banking can redeem the reward points through an offline method. All you have to do is to get a Reward Redemption Form. You can either download it from the bank's website or you can get it from the nearest bank branch. Take a printout of it and fill in all the required details. In the end, mention your name, contact details, and address on the form and put a signature on the form as well. You can now post the filled form at the address mentioned on the form itself.
Furthermore, you can also place a call on the numbers mentioned on the back of the credit card and request them to guide you about the process of reward point redemption.

Another important point that cardholders should know is that they can redeem the reward points as cashback against the credit card's statement balance. For this purpose as well, the monetary value of 1 Reward Point = Rs. 0.25

Redemption of Reward Points with co-branded credit cards -

The reward points that you earn with co-branded credit cards will give you maximum benefit if they are redeemed against specific brands.

IRCTC BoB RuPay Credit Card Reward Points

The reward points earned with IRCTC BoB RuPay Credit Cards can be redeemed on the IRCTC Website and Mobile Application after linking the loyalty number which is printed on the credit card to their IRCTC Login ID. You can then book your railway tickets by logging in to the IRCTC Website or mobile application and the at the time of payment, choose to pay through the IRCTC BoB RuPay Credit Card Reward Points.
Another option to redeem the reward points is against the products and vouchers on the BoB Website, and even for cashback against the card's statement balance. For the purpose of redemption, 1 Reward Point = Rs. 0.25

HPCL BoB ENERGIE Credit Card Reward Points

Another co-branded credit card by Bob, the HPCL BoB ENERGIE Credit Card lets you earn generous reward points while you spend using this credit card at HPCL Fuel Stations. The reward points earned with this credit card can be used to pay for your fuel expenses at the HPCL fuel stations. All you have to do is to transfer these points to the HP Pay Wallet and then pay at the fuel stations using the HP Pay Wallet.
Additionally, reward points can also be redeemed against a variety of products and vouchers available on the Bank's official website. Furthermore, you can also redeem the reward points for cashback against the credit card's statement balance. For the redemption purpose, the monetary value of 1 Reward Point = Rs. 0.25

Things to remember -

The reward points that the cardholders earn while transacting using the Bank of Baroda Credit Cards will keep compiling in your account. But you should be aware of the fact that these reward points are not valid for a lifetime. These reward points come with a validity date and hence should be used before that date so as to maximize the benefits of using a credit card. In the case of Bank of Baroda Credit Cards, reward points are valid for a period of 2 years from the date of the transaction. Post this, the reward points will expire and then you will not be able to redeem them.

The other point that credit cardholders should be aware of is that while they have to pay a reward redemption fee while redeeming the reward points of other bank credit cards, they do not have to pay a reward redemption fee while they redeem Bank of Baroda Credit Card Reward Points.

Bottom Line:

Bank of Baroda offers a wide variety of credit cards starting from basic to co-branded to premium credit cards. The reward points that you earn with different credit cards would be different and also will differ on the basis of where you spend using your credit card. There is no point in just increasing the number of reward points in your account, rather you should redeem them as and when required, and also take care of their expiry date. Once you have stocked up a good amount of reward points in your account, you can easily redeem them either through online mode or offline mode against a variety of options present on the website and even for cashback as well.
We hope that with this article, we have cleared all the doubts relating to Bank of Baroda Credit Card Reward Redemption, but still, if you have any kind of confusion related to this process, please feel free to ask us in the comment section below!

# data[].attributes.attachment_link.title
How To Redeem Bank of Baroda (BoB) Credit Card Reward Points

# data[].attributes.attachment_link.description
Bank of Baroda offers plenty of credit cards to its customers. Credit card applicants are free to choose from the available credit cards on the basis of their needs and requirements, and they should also consider their spending pattern once before they apply for a credit card.

# data[].attributes.headline
Key Difference between Credit Cards and Debit Cards

# data[].attributes.subject
Key Difference between Credit Cards and Debit Cards

# data[].attributes.body
The PNB RuPay Select Credit Card is a new product from PNB that offers a number of benefits and features that are designed to appeal to a wide range of credit card users. These benefits and features include a generous rewards program, a low interest rate, and a number of other perks. If you are looking for a new credit card, then the PNB RuPay Select Credit Card is definitely worth a closer look.

# data[].attributes.attachment_link.readable_text
Credit cards and debit cards are plastic payment cards that allow users to access money to make purchases hassle-free. These payment cards look practically similar in their build and design but differ in the way they function. A debit card is linked directly to the cardholder's bank account. When the cardholder uses a debit card to complete a transaction, the amount gets debited from his/her bank account. A credit card is not the same as a debit card. It provides an instant credit facility to its users. A credit card is linked directly with a credit issuer company, i.e., a bank or financial institution that purchases on the cardholder's behalf. The funds borrowed by the cardholder create a line of credit, payable in the form of monthly installments to the card issuer.

What is a Credit Card?

A credit card is a payment card issued by card issuer companies such as banks and financial institutions. They provide a loan to their customers that enable them to make purchases against a credit limit. The bank offers credit for a set length of time for the cardholder to make a purchase. The borrowed amount is repayable to the bank within a set time frame known as the due date. The bank establishes a credit limit based on several factors, such as income and credit history. The cardholder can only make transactions up to his credit limit and isn't allowed to exceed the respective limit. To learn how is your credit limit determined, visit here. Credit Cards get further classified into the following categories.

Standard Credit Cards - Standard credit cards are regular credit cards used by the cardholder to make purchases and come with credit limits attached to them.

Secured Credit Cards - These credit cards get backed by a fixed deposit that serves as collateral. A secured credit card functions just like a standard credit card.

Reward Credit Cards- Reward credit card is a card that enables the cardholder with cashback, travel points, or other benefits on their purchase.

Premium Credit Cards- These cards come with a higher annual fee offering various perks such as airport lounge access, special event access, concierge services, etc.

Charge Credit Cards- These cards do not come with any pre-set limit. Card issuer companies offering charge cards do not allow the outstanding balance of the cardholders carried over to next month. American Express issues Charge Cards in India.

What is a Debit Card?

A debit card is a payment card linked directly to the bank account of the cardholder. Therefore, when a debit card gets used to make a transaction, the sum is debited from the cardholder's bank deposit account. E.g., if a person has Rs 10000 in his bank account and makes a purchase of Rs 2000 using his debit card. The amount of INR 2000 will be deducted from his bank account, leaving a balance of Rs 8000 in his bank deposit account. The cardholder cannot spend more than the funds available in his/her bank deposit account.

Credit Card Vs Debit Card - Comparison Table

BottomLine

Both debit cards and credit cards are vital in increasing an individual's spending and purchasing power. However, a person should choose between a debit card and a credit card based upon his/her purchase. Debit cards provide spending control and whereas credit cards offer various benefits and perks to the cardholders.

# data[].attributes.attachment_link.title
9 Key Difference Between Credit Cards and Debit Cards

# data[].attributes.attachment_link.description
Credit cards and debit cards are plastic payment cards that allow users to access money to make purchases hassle-free. These payment cards look practically similar in their build and design but differ in the way they function. A debit card is linked directly to the cardholder's bank account.

# data[].attributes.headline
How To Withdraw Cash Using Your Credit Card?

# data[].attributes.subject
How To Withdraw Cash Using Your Credit Card?

# data[].attributes.body
The ability to withdraw cash using your credit card can be a useful feature in an emergency situation or when you are short on cash. However, there are some things you should be aware of before using this service. For one, you will likely be charged a fee for each cash advance. Additionally, the interest rate on cash advances is usually higher than the rate for purchases.

To learn more about how to withdraw cash using your credit card, read on!

# data[].attributes.attachment_link.readable_text
Were you stuck in a situation of financial crunch? Need cash in case of emergency, or to pay your bills? Here, you have credit cards at your disposal, with the help of which you can withdraw cash and fulfill all your financial needs in case of an emergency. Credit cards have become one of the crucial financial tools in the life of individuals these days. With the increased number of features and benefits that credit cards provide, they have become more of a necessity item than a luxury item.

In addition to allowing you benefits to pay using your credit card at various online and offline stores, credit card issuers also allow you to withdraw cash using a credit card. The process of withdrawing cash from a credit card is as simple as withdrawing cash from a debit card, but cash withdrawal from a credit card attracts a lot of fees and charges and hence is not advisable. Therefore, there are quite a lot of details that an individual should be aware of once before he withdraws cash using his credit card.

Cash Advance - Meaning

Another name for credit card cash withdrawal is cash advance. This is an additional feature that credit card issuing companies provide to credit cardholders. Whenever a credit cardholder is in urgent need of funds, i.e., cash, he has the privilege to withdraw cash from his credit card. It is a type of short-term loan, for which, credit cardholders will have to pay high interest and fees. There is a certain predefined limit, set by the bank (different from bank to bank), beyond which you cannot withdraw cash. This is generally 30%-40% of the available credit limit. This feature might not be applicable on every credit card and the withdrawal limits, financing charges, and cash advance fee might differ from bank to bank. Therefore, a credit cardholder should check with their respective credit card issuer once before initiating a credit card cash withdrawal.

How To Withdraw Cash Using A Credit Card

Withdrawing cash from a credit card is quite a simple task. It is as easy and effortless as in the case of a debit card. You will first have to check with your credit card issuer whether or not you have the cash advance facility available on your credit card. Once you are sure that the facility is available on your card, you can follow the instructions given below and can successfully withdraw cash using your credit card -

Visit the nearest ATM.

Insert your credit card into the card insertion slot given in the ATM.

Enter the amount that you would like to withdraw.

After this, enter your PIN.

The requested amount will be dispensed through the cash dispensing zone.

Charges Applicable to Credit Card Cash Advance Transactions

Though the process is as simple as in the case of the debit card, but in the case of a debit card, it is your own money that you withdraw through an ATM but in the case of a credit card, it is a type of loan that you take from the bank. Therefore, you have to pay hefty charges with respect to this withdrawal. Following are the details of the charges that credit cardholders will have while they withdraw cash using their credit card -

Cash Advance Fee -

A Credit Card cash advance fee is a fee that is charged by credit card companies from credit cardholders in lieu of accessing the cash advance facility available on their credit card, through an ATM. Cash advance fee differs from bank to bank but is generally a specific percentage of the amount withdrawn but subject to a minimum amount in cash for small transactions.

Cash Advance Fee Charged by Top Banks

There are so many credit card issuers in the country that offer a wide range of cards in different categories and with different fees & charges. The following are some of the major issuers and the cash advance fee charged by them:

Name of the Bank

Credit Card Cash Advance Fee

SBI Credit Cards

2.5% of the amount withdrawn subject to a minimum of Rs. 300

HDFC Bank Credit Cards

2.5% of the amount withdrawn subject to a minimum of Rs. 500

ICICI Bank Credit Cards

2.5% of the amount withdrawn subject to a minimum of Rs. 300

Axis Bank Credit Cards

2.5% of the amount withdrawn subject to a minimum of Rs. 250

Citi Bank Credit Cards

2.5% of the amount withdrawn subject to a minimum of Rs. 500

Interest Charges

Whenever you swipe your credit card for a particular transaction, you are given an interest-free period of 30-45 days. This is a time period for which you do not have to pay any interest. Bill payments made beyond this date will attract interest charges. But these criteria are quite different in the case of cash withdrawal. Interest starts accumulating on such cash withdrawal transactions as soon as you withdraw cash from your credit card. The interest charges differ from bank to bank and card to card. These generally range from 2.5% to 3.5%.

Pros and Cons of Credit Card Cash Withdrawal

There are several advantages as well as disadvantages of withdrawing cash from a credit card. Some of these are mentioned below:

Pros

Following are some of the benefits of credit card cash withdrawal -

With the help of a credit card cash advance facility, you get instant access to liquid cash. Because of the easy availability of ATM's and having a credit card in hand, you can have cash at any time and at any place. SO, it's the best alternative to cash in emergency times.

While you have to submit various documents and await approval when you would like to avail of any kind of personal loan, in the case of withdrawing money using a credit card, you do not need to submit any documents or wait for any kind of approval. You just have to visit the nearest ATM and withdraw cash.

Cons

Where there are advantages, there are disadvantages as well. Below mentioned are some of the disadvantages of withdrawing cash using a credit card -

The interest starts piling up on such transactions from the very first day of the cash withdrawal day till the day amount is paid back in full. Because of this, it becomes very expensive to withdraw cash from a credit card.

Whenever cash is withdrawn from a credit card, in addition to the interest charges, you have to pay a cash advance fee as well, which is a certain percentage of the amount that you withdraw using your credit card.

You do not get any interest-free period in case of credit card cash withdrawal which otherwise you get with other credit card transactions.

Bottom Line

Now that you know that you can withdraw cash from your credit card, you should not make it a routine affair as it is very expensive. It should be made only when it is very important to do so. Cash withdrawal attracts a lot of charges such as interest fees and cash advance fees and sometimes you will have to pay additional fees while withdrawing cash using another bank's ATM. Furthermore, you do not have to get any interest-free period in case of cash withdrawal. Therefore, cardholders have to be very cautious while availing the cash advance facility and should withdraw cash only when there is a dire need.

# data[].attributes.attachment_link.title
How To Withdraw Cash Using Your Credit Card?

# data[].attributes.attachment_link.description
Were you stuck in a situation of financial crunch? Need cash in case of emergency, or to pay your bills? Here, you have credit cards at your disposal, with the help of which you can withdraw cash and fulfill all your financial needs in case of an emergency.

# data[].attributes.headline
HDFC Bank Revises Reward Points Earning on Rental Payments Using Credit Cards

# data[].attributes.subject
HDFC Bank Revises Reward Points Earning on Rental Payments Using Credit Cards

# data[].attributes.body
HDFC Bank has revised the reward points earning structure on select credit cards for customers making rental payments using their credit cards. Under the revised structure, cardholders will earn 2 reward points for every Rs. 200 spent on rental payments, up to a maximum of 4,000 reward points per month.
HDFC Bank is one of the leading banks in India and has a wide range of credit cards with different features and benefits.

# data[].attributes.attachment_link.readable_text
HDFC Bank offers a wide range of premium as well as basic credit cards, which are among the topmost credit cards available in the Indian market. All these cards come with different types of reward programs with different reward rates. The premium credit cards like the HDFC Infinia, HDFC Regalia, HDFC Diners Club Black Credit Card, etc, earlier had a capping only on reward points earned on insurance categories. Now, the card issuer has also put a cap on the reward points that can be earned on property management services including rent payments. However, the cap is different on different credit cards. For more detailed information on this, keep reading the article:

Cap on Reward Points On Rent Payment

Now, only up to a fixed number of reward points each month can be earned on property management services payments using HDFC Bank Credit Cards. This maximum cap can be different for different credit cards. Some of the most popular HDFC Credit Cards along with their reward rates and cap on reward points on property management services are given in the table below:

Credit Cards

Reward Rate on Property Management Services

Cap on Reward Points on Rent Payments

HDFC Infinia Credit Card
HDFC Diners Club Black Credit Card

5 Reward Points on every spend of Rs. 150

2,000 Reward Points per month

HDFC Regalia Credit Card
HDFC Diners Club Privilege Credit Card

4 Reward Points on every spend of Rs. 150

1,000 Reward Points per month

HDFC Regalia First Credit Card

4 Reward Points on every spend of Rs. 150

500 Reward Points per month.

HDFC Millennia Credit Card

1% cashback (in the form of CashPoints)

500 CashPoints per month

HDFC MoneyBack Plus Credit Card

2 CashPoints on every spend of Rs. 150.

500 CashPoints per month.

Also Read: Latest Offers on Rent Payment via Credit Cards: June 2022

Bottom Line

The decision of fixing a cap on Reward Points on property management-related payments might be a bit disappointing for some cardholders, especially those who use their credit card for rent payments, but the number of Reward Points is still not that bad. Also, there is still no maximum cap on Reward Points on other retail spends. So, the cardholders can keep earning maximum benefits in other categories.
If you still have any doubts regarding the information given above, you can freely ask us in the comment section below!

# data[].attributes.attachment_link.title
HDFC Bank Revises Reward Points Earning on Rental Payments

# data[].attributes.attachment_link.description
HDFC Bank offers a wide range of premium as well as basic credit cards, which are among the topmost credit cards available in the Indian market. All these cards come with different types of reward programs with different reward rates.

# data[].attributes.headline
Mistakes People Make With Travel Rewards Credit Card

# data[].attributes.subject
Mistakes People Make With Travel Rewards Credit Card

# data[].attributes.body
Almost everyone has a rewards credit card these days. And while they can be great for earning points or miles to save on travel, they can also be a source of stress and anxiety. If you’re not careful, you can end up with a ton of debt and no way to pay it off.
In this article, we’re going to look at some of the mistakes people make with travel rewards credit cards. We’ll also offer some tips on how to avoid these mistakes and make the most of your rewards card.

# data[].attributes.attachment_link.readable_text
Credit cards provide a significant amount of comfort and ease to credit cardholders in each and every aspect of their life. Whether they have to spend for some big or small purchases, travel-related bookings, or regular spending, credit cards come in very handy and provide you with some great benefits and rewards while you spend using these cards. Since credit cards provide amazing rewards in each individual category, hence, in order to enhance, the value of reward points, there are some specially designed credit cards to cater to the needs of every individual.

Banks have some special credit cards such as shopping credit cards, rewards credit cards, travel credit card, cashback credit card, etc. These credit cards provide accelerated reward points and benefits while you spend on specific categories using these credit cards. But we have to be very careful while choosing and spending using these credit cards as a wrong selection may lead to credit cardholders not earning rewards and benefits as guaranteed by the credit cards. In this article, we will discuss Travel Credit Cards and the mistakes that people make while choosing travel credit cards.

What are Travel Credit Cards?

Travel credit cards are those credit cards that offer exciting deals and offers while cardholders use these credit cards for travel-related spends. With the help of these credit cards, cardholders can generously save on their travel bookings. You can earn benefits on all bookings such as flight bookings, hotel bookings, etc.

Features of a Travel Credit Card

Following are the features of the travel credit cards -

Reward Points

One of the major attractions of a travel credit card is its reward points. Credit cardholders earn reward points whenever they spend on travel-related categories using their credit card. They also earn higher reward points when they spend on a particular website for their travel bookings.

Welcome Benefits

As a part of the welcome benefits with travel credit cards, the cardholders sometimes get a complimentary air ticket, or booking vouchers, or reward points which can be redeemed against making bookings for your travel.

Lounge Benefits

Another benefit that credit cardholders look for these days in travel credit cards is the complimentary access to airport lounges. Here, cardholders can sit and relax while they await their flight boarding.

Concierge Benefits

These are the services that are offered with premium and super-premium credit cards. These services are provided to make your routine tasks easier. These services include arranging transportation services, sourcing tickets for concerts, movies, and events, planning itineraries and making travel arrangements, recommending and delivering gifts and flowers, etc.

Redemption of Reward Points

The reward points that credit cardholders earn with these credit cards can be converted into air miles or partnered air miles and then book flight tickets for that partnered airline.

Mistakes People Make While Using Travel Credit Card

People who travel very frequently opt for travel credit cards because of the benefits that these credit cards provide but sometimes the credit cardholders forget to reap the benefits out of these credit cards. Initially, people are very energetic when applying for a travel credit card but with due course of time, they forget to take use such benefits. Therefore, in this article, we will discuss the mistakes people generally make with travel credit cards -

Not earning reward points in the right way

Reward points are one of the main features for which people apply for credit cards. These points can be redeemed on various partnered websites

For example - MakeMyTrip ICICI Bank Credit Card lets you earn My Cash on every transaction that you make using this credit card. This My Cash will be transferred to MakeMyTrip Wallet which can then be used to make travel-related bookings on MakeMyTrip.

Not taking the advantage of Welcome Benefits

These travel credit cards provide some amazing welcome benefits such as an e-ticket on paying the annual fee of the credit card or on spending of a particular amount within first 30 days of the card issuance date. Therefore, if you do not spend this amount, you will end up losing all the benefits that come along with this credit card.

Not using lounge benefits and other benefits

The people who are frequent flyers opt for travel credit cards because of the various benefits that these cards provide, one of which is the complimentary access to domestic as well as international airport lounges. But sometimes people do not realize that they have complimentary access to the lounges with their credit cards but they end up paying way too much for accessing these lounges. Therefore, cardholders should go through the benefits that these credit cards offer in detail so gain the maximum advantage from these credit cards.

Also Read: Points To Consider Before Applying For A Travel Credit Card

Bottom Line

Travel credit cards are those credit cards that provide travel benefits to the cardholders but it is quite important for the credit cardholders to be aware of the benefits and advantages that these credit card offers as a complimentary benefit. Sometimes cardholders forget to take advantage of the complimentary travel benefits that come along with the credit cards and then end up paying extra for the benefits that come along with it. Therefore, you should do a thorough research and read all the terms and conditions before applying for a particular credit card.

# data[].attributes.attachment_link.title
Mistakes People Make With Travel Rewards Credit Card

# data[].attributes.attachment_link.description
Credit cards provide a significant amount of comfort and ease to credit cardholders in each and every aspect of their life. Whether they have to spend for some big or small purchases, travel-related bookings, or regular spending, credit cards come in very handy and provide you with some great benefits and rewards while you spend using these cards.

# data[].attributes.body
HDFC Bank MoneyBack Plus Credit Card is a cashback card that offers up to 5% on select categories and 1.5% on all other spends. The card also offers other benefits such as fuel surcharge waiver, Welcome Bonus, and more.
To learn more about the HDFC Bank MoneyBack Plus Credit Card, read on!

# data[].attributes.attachment_link.readable_text
HDFC MoneyBack Plus Credit Card - Key Highlights

Some of the most important points related to the MoneyBack Plus Credit Card, which is issued by the HDFC Bank, are as follows:

Best Suited For

Shopping

Joining/Annual Fee

Rs. 500

Eligibility Criteria

Minimum age - 21 years.Minimum income - Rs. 20,000 per month

Benefits

Up to 20 Cash Points on every spend of Rs. 150

Cardinsider's rating

HDFC Bank MoneyBack Plus Credit Card Features and Benefits

HDFC MoneyBack+ Card, just like the original MoneyBack Card, is among the popular cashback credit cards available in the Indian market. You earn cashback as CashPoints on all categories of spends with the card. Apart from earning CashPoints, the card also offers a few other benefits like gift vouchers (on achieving the stipulated spend milestones), dining discounts, fuel surcharge waiver, etc.

Welcome Benefits

You get 500 Cash points on joining the card as a welcome benefit.

Each year on card renewal, get 500 cash points.

Milestone Benefits

Earn a gift voucher which is worth Rs. 500 on the expenditure of Rs. 50,000 or more in a qaurter. This means that, you can gift vouchers worth Rs. 2,000 in a year.

Dining Benefits

You get a discount of up to 15% on dining across more than 2,000 premium restaurants on paying through your MoneyBack Plus Credit Card.

Fuel Surcharge Waiver

Get a 1% waiver on the fuel surcharge for fuel purchases when you pay using your HDFC MoneyBack+ Credit Card. The maximum waiver that can be claimed is capped at Rs. 250 per billing cycle.

Spend-Based Renewal Fee Waiver

On spending Rs. 50,000 or more in the last year, get a waiver on the renewal fee of Rs. 500 for HDFC MoneyBack+ Credit Card.

HDFC Bank MoneyBack+ Credit Card Reward Points/Cashback

HDFC MoneyBack+ Credit card offers cashbacks in the form cashpoints for every transaction done with card, following are the cashbacks on different transactions:
10X CashPoints (20 CashPoints per ₹150 spent):
Get 10x Cash Points (20 CPs per Rs. 150) on your spends on Amazon, Flipkart, Big Basket, Reliance Smart Superstore, and Swiggy. The bonus cash points under this category are capped at 2,500 points per month. Note that if a cardholder did an EMI spend on the merchants under 10X CashPoints category, then the cardholder will get 5X CashPoints only.
5X CashPoints (10 CashPoints per Rs. 150 spent):
Get 5x Cash Points (10 CPs per Rs. 150) on EMI spends at selected merchant locations. You can earn cashbacks on Merchant/EasyEMI, Aggregator EMI and for Brand EMI. Note that the only EMI principal amount will be rewarded with CashPoints. The cardholder can earn up to 2,500 cashpoints per month within this category.
2 CashPoints (2 CashPoints per Rs. 150 spent):
Get 2 Cash Points per Rs. 150 spent, also the SmartPay transactions will be considered under 2 CashPoints category. Note that the CashPoints will not be provided for the spends or transactions like, Fuel Spends, Wallet loads, Gift or Prepaid Card load, Voucher purchase, Cash Advances, Payment of Outstanding amount, and Payment of the card fees.

These cashpoints are useful for 2 years from the date of accrual. Also, no Cash Points are accrued on fuel transactions, wallet reloads, and voucher purchases.

Reward Points/Cashback Redemption

1 Cash Point = Re. 0.25 for redemption against statement cash. The points are redeemable against cash credit by login into your net banking account and a minimum of 500 Cash Points are required.

1 Cash Point = Re. 0.25 for redemption against flight/hotel bookings on Smartbuy. Only up to 50% of the booking can be done through the cash points and the rest has to be paid through the cardholder's account.

1 Cash Point = Re. 0.25 when redeemed against product catalog.

1 Cash Point = 0.25 AirMile for redemption against Airmiles.

HDFC MoneyBack Plus Credit Card Fees and Charges

The following table shows the important fees applicable with the HDFC MoneyBack Plus Credit card:

Eligibility Criteria for HDFC MoneyBack Plus Credit Card

The following table illustrates the income-based and age-based eligibility criteria for the HDFC MoneyBack+ Credit card-

The age of salaried individuals should be between 21 years to 60 years, with an income of at least Rs. 20,000 per month.

The self-employed individuals should be between 21 years and 65 years of age, with a minimum annual income of Rs. 6 lakhs.

The applicant should be having a decent credit score.

Documents Required

The following are the documents mandated to apply for the HDFC MoneyBack+ Credit Card:

Identity Proof - PAN Card, Passport, Aadhar Card, Driving Licence, Voters' Id, etc.

Address Proof - Utility bills, Aadhar Card, Passport, Driving Licence, etc.

Income Proof - Latest bank statements/3 months' salary slips, and latest ITR.

How to apply for HDFC MoneyBack+ Credit Card

One can apply for HDFC MoneyBack+ Credit Card online by visiting the credit card application page on the back's website. You will need to submit a few documents including salary slips/ITR return acknowledgment, identity proof, and proof of residence for your application to be processed.

Alternatively, you may also visit one of the HDFC branches and complete the application process offline as guided by the back officials.

Check Application Status

In case you have already applied for the HDFC MoneyBack Plus card, you can know the status of the application with the following methods:

Visit the HDFC Bank credit card's application tracking page and check your application status by entering all the required details.

Contact customer care and request the bank officials about the status of your application. They will ask you for a few details and then you will get to know about the progress in your application.

One more way to get the status of the application is by visiting the branch of the bank and asking the bank officials.

Money Back Plus Credit Card Limit

The credit limit assigned to the HDFC MoneyBack Plus Credit Cardholders has not been disclosed by the HDFC Bank as there is no fixed limit for everyone and it varies for different cardholders. The factors that affect your credit card limit include your credit score, past payment history, income, etc. If you are a high-income individual or you have an excellent credit score, you will get a higher credit limit as compared to those having a low score. If you have got a lower credit limit, you should try building a good score and apply for a higher credit limit. You can do this either by contacting your bank's customer care, by filling the online application form for card up-gradation, or by visiting the branch.

HDFC MoneyBack Plus Credit Card Activation & PIN Generation

You can activate your HDFC MoneyBack Plus Credit Card by any of the following methods:

You can generate the PIN of your credit card via an ATM. Just visit an HDFC Bank ATM nearest to you and look for an option PIN Generation from the main menu of the ATM.

Log in to your HDFC Bank internet banking account and under the Credit Cards area, generate the PIN of your credit card under the 'Manage Your Card' option.

You can also contact your credit card customer care. Just call them and ask them to assist you with your credit card PIN generation.

HDFC MoneyBack Plus Credit Card Bill Payment

To make the bill payment of your HDFC Bank MoneyBack Plus Credit Card, you can follow the below-mentioned procedures:

Visit the HDFC Bank's billdesk page, enter the required credit card information and proceed further to pay the bill.

Log in to your HDFC Bank internet banking account and pay your credit card bill under the section 'Credit Card Payment.'

If you have a savings account in a bank other than HDFC Bank, you can settle your card bill via NEFT.

You can also use digital payment services apps like Paytm, PhonePe, etc, to make the bill payment of your credit card.

HDFC MoneyBack Plus Card Login / Net Banking

Register your HDFC MoneyBack Plus Credit Card for internet banking with these steps:

Visit the official website of the HDFC Bank.

Scroll down and under the section 'Ways to Bank' and click on 'Online Banking.'

Click on 'credit card net banking' and then 'Register online.'

Fill in the required information and proceed further.

HDFC MoneyBack+ Credit Card Customer Care

For any emergency-related assistance related to your HDFC Bank MoneyBack Plus Credit Card, you can call on the 24*7 helpline number, which is 1800 266 4332.

To send your queries via email, contact the HDFC Bank credit card customer care at [email protected] .

Cards Similar To HDFC MoneyBack Plus

Conclusion

With its great reward offers and redemption options, the HDFC MoneyBack+ Credit Card can be viewed as a great card for regular spends. Being one of the basic yet popular HDFC Credit Cards, it provides you with an amazing reward rate (up to 3.33%) which would help you to save a lot. Other than the regular cash points (2 on every Rs. 150), the card offers 5,000 bonus cashpoints every month. Moreover, you can earn exciting gift vouchers every quarter on the basis of your yearly spending, the annual fee for the card can also be waived off. All these basic but amazing features of this card make it worth trying. If you need a card that would help you to manage your everyday expenses, this card would be a significant choice. After going through this HDFC MoneyBack Plus review given above, let us know your views on the card below in the comment area.

# data[].attributes.attachment_link.title
HDFC MoneyBack Plus Credit Card Review: Features, Benefits

# data[].attributes.attachment_link.description
Some of the most important points related to the MoneyBack Plus Credit Card, which is issued by the HDFC Bank, are as follows: Best Suited For Shopping Joining/Annual Fee Rs. 500 Eligibility Criteria Minimum age - 21 years.Minimum income - Rs. 20,000 per month Benefits Up to 20 Cash Points on every spend of Rs.

# data[].attributes.headline
Grace Period Credit Card Vs Moratorium Period: Know the Difference

# data[].attributes.subject
Grace Period Credit Card Vs Moratorium Period: Know the Difference

# data[].attributes.body
The concept of a grace period for credit card debt is simple: it’s the amount of time you have to pay your bill in full before interest is applied to your balance. But what many people don’t realize is that there are actually two types of grace periods: the grace period for new purchases, and the grace period for balance transfers.
So which one is better? Read on to find out!

# data[].attributes.attachment_link.readable_text
A credit card offers many benefits to cardholders in the form of reward points/cashback, travel benefits, dining benefits, and much more. Along with these benefits, the cardholders have the responsibility to pay back the facilities used on a credit card, and if these conditions are not met, one has to face heavy charges levied by the bank. Therefore, many card issuers offer many facilities and assistance to cardholders when paying off their credit card debt.

The Grace Period and the Moratorium Period are a few such facilities that a cardholder can use when paying off credit card debt. You must have come across these terms somewhere in your credit card journey and most people generally think of these terms as the same. However, they are not the same as they work differently, and are provided under different conditions.

Therefore, if you have confusion between the Grace period and the Moratorium period, then your doubts would be cleared with this article. We have covered every aspect of these two terms and in the end, you will be able to use these facilities more wisely in your credit card journey.

What are a Grace Period and a Moratorium Period?

Before moving ahead with picking out the differences between these two periods, it would be better to first understand the concept behind them. Let's first start with the Grace Period:

Grace Period

A Grace Period is defined as a period starting from the credit card's statement closing date and ending at the payment due date. During this period, the cardholders would not face any interest on their outstanding amount. Therefore, the grace period is also known as an interest-free period as the card user doesn't face any finance charges on the due amount. As per the laws governing the usage of credit cards, banks or card issuers are not required to offer any grace period. However, if they do provide an interest-free period, then the card issuers must send the statement bill of the credit card at least 21 days before the due date. Banks generally provide a grace period of 21 to 30 days but may increase the tenure for some specific cards issued by them.

A cardholder is provided with a grace period so that he/she can settle their credit card debt before the due date without facing any financial charges. It is always advisable to pay the balance in full before the due date as it offers many benefits to the card user, such as a positive impact on credit score. However, if a cardholder is not able to settle the dues before the payment due date, then the card issuer will charge heavy interest charges and even a late payment fee if you don't even pay the minimum amount.

Advantages of Grace Period

A grace period credit card offers the opportunity to utilize the credit availed for free, as there are no interest charges applicable on the due amount during a grace period.

The cardholder gets plenty of time to repay the credit utilized on a credit card.

Paying full during a grace period will help you to increase your credit score as settling in full is perceived as a good deed by the card issuers.

Moratorium Period

A Moratorium Period is defined as a period where the credit lender (card issuer) allows the cardholders to put a pause on the credit card bill payments. During this period, the cardholder is allowed to skip the credit card bill payments (even the minimum amount payments) and this would not impact the credit score of the card user at all. However, the interest rates are still applicable on the due amount. The same will be charged in your next statement or when the period will end. the Moratorium period is not easily provided to every cardholder. The Bank may allow the same if one is facing high liquidity (financial) problems and has used the card wisely in the past.

The Moratorium Period is generally of a longer duration and may last for more than 2 or 3 months. However, as mentioned above, these are provided to the card users on a special request and there is no guarantee that the bank will provide the same. However, if the card user has been maintaining good relations with the bank and has had no payment issues in the past then there is a chance that the bank may approve the Moratorium period.

Advantages of Moratorium Period

The Moratorium Period assists individuals if they are facing financial problems and are not able to cover their credit card bills.

The credit score of the cardholder is not impacted in any way during a moratorium period despite not settling the monthly statement bills.

During this period, the cardholder has plenty of time to save so that they can pay off their debts easily in the future and with better planning.

Quick Differences between a Grace Period and Moratorium Period

Both periods have similarities, both of them offer a substantial time to the card used to pay off their debts. Also, during these periods, you don't have to make any bill payments to the bank. However, these are completely different concepts and have differences between them such as:

The very first difference between a grace period and a moratorium period is that the grace period is provided to every cardholder and comes with the credit card from the beginning. However, a moratorium period is provided to a cardholder on a special request and not provided to everyone.

Another difference between these two periods is that the card issuer does not charge any interest rates on the outstanding amount and the cardholder can make a payment before the due date. But in a moratorium period, the banks generally charge interest on the due amount and it keeps adding till you make the payment.

Also, the grace periods are generally shorter than the moratorium period as they are of around 21 to 30 days. But the latter can be extended for more than 2 months.

Conclusion

Both the Grace as well as Moratorium periods offers cardholders the liberty to settle their credit card debt easily and conveniently. As the Grace Period is provided to all the cardholders along with their credit card, it is beneficial to utilize it properly. However, the Moratorium Period is provided very rarely and if allowed by the bank, the cardholder should use as minimum period as possible as the interest rates are still applicable on the due amount. Therefore, it is better to look for other options rather than going for a moratorium period which should be the last option in case of financial problems. If you still have any doubts related to any of these periods offered with a credit card, let us know in the comment section below.

# data[].attributes.attachment_link.title
Grace Period Credit Card Vs Moratorium Period: Know the Difference

# data[].attributes.attachment_link.description
A credit card offers many benefits to cardholders in the form of reward points/cashback, travel benefits, dining benefits, and much more. Along with these benefits, the cardholders have the responsibility to pay back the facilities used on a credit card, and if these conditions are not met, one has to face heavy charges levied by the bank.

# data[].attributes.headline
Get Complimentary Subscriptions To Hindustan Times and LiveMint With Visa Signature Credit Cards

# data[].attributes.subject
Get Complimentary Subscriptions To Hindustan Times and LiveMint With Visa Signature Credit Cards

# data[].attributes.body
Being the most widely used card network in the nation, Visa values every one of its clients and continues to provide them with a number of incentives through either short- or long-term offers. One such fantastic promotion was recently introduced by Visa, as part of which holders of Visa Signature Credit Cards are eligible to receive a free annual subscription to LiveMint and Hindustan Times.

For more information refer to: https://cardinsider.com/blog/visa-signature-credit-cards-free-hindustan-times-livemint-subscription-offer/

# data[].attributes.headline
Do you know? How to Redeem American Express Credit Card Rewards Points?

# data[].attributes.subject
Do you know? How to Redeem American Express Credit Card Rewards Points?

# data[].attributes.body
Yes’ it is easy to redeem American Express credit card rewards points. You have to just do these things to redeem your reward points. Check your points balance. Choose your rewards. Go to their websites there will be the option of rewards points.

# data[].attributes.attachment_link.readable_text
Do you know? How to Redeem American Express Credit Card Rewards Points?

Yes, it is easy to redeem American Express credit card reward points. You have to just do these things to redeem your reward points. Check your points balance. Choose your rewards. Go to their websites there will be the option of rewards points. Click or call. Follow the instructions on our website to complete your redemption.

# data[].attributes.attachment_link.title
Do you know? How to Redeem American Express Credit Card Rewards Points?

# data[].attributes.attachment_link.description
Yes, it is easy to redeem American Express credit card reward points. You have to just do these things to redeem your reward points. Check your points balance. Choose your rewards. Go to their websites there will be the option of rewards points. Click or call.

# data[].attributes.headline
Should I Sign The Back of My Credit Card?

# data[].attributes.subject
Should I Sign The Back of My Credit Card?

# data[].attributes.body
If you have a credit card, chances are you've been asked to sign the back of it. But what does that really mean? Do you need to sign the back of your credit card?
The short answer is yes, you should sign the back of your credit card. By signing the back of your credit card, you are agreeing to the terms and conditions of the card. This is important because it means that you are responsible for any charges that you make with the card.
Click on the link to get full information:- https://cardinsider.com/blog/should-i-sign-the-back-of-my-credit-card/

# data[].attributes.attachment_link.readable_text
If you ever tried to understand all the parts of your credit card, you might have noticed that there is a signature box on the back of it. Nowadays, the trend of signing a credit card has almost ended as most of the major card networks like Visa, Mastercard, etc, do not require a cardholder's sign, but neither do they advise not to sign it. It is just the choice of cardholders whether they want to sign their credit card or not. Some major card issuers like Mastercard have even stopped offering credit cards with a signature box option as the increasing EMV chip technology is considered enough to ensure the necessary safety measures. A lot of individuals are often confused about whether they should sign the back or their credit card or not. Is this something essential to do or optional? To understand the answers to these questions, keep reading the article:

Why Is There a Signature Box on a Credit Card?

Many individuals believe that the Signature Box on the back of a credit card is made for verification purposes, i.e, if a cardholder wants to make any transaction using a credit card, the merchant or shopkeepers will check his signature and will verify it by cross-checking the name on his or identity card. However, this might be true to some extent, but this is not the sole purpose of the signature box on your credit card. If a credit cardholder has signed his credit card, it means that he accepts all the terms and conditions of his card issuer.

However, the latest updated technology of EMV Chip Credit Cards is overtaking these signature boxes and now it isn't even checked whether you have signed your credit card or not. Some card issuers don't even issue credit cards with a signature box. Therefore, it is no more an essential thing to sign at the back of your credit card. If any merchant asks you for your signature, you can just show them your ID that has your name same as that mentioned on the credit card. However, it is an extremely rare case now.

Should You Sign The Back of Your Credit Card?

Now, as the importance of signatures on the back of a credit card has reduced and the box is not even provided with some new cards, the question that arises is if there is a signature box on your credit card, whether you should sign it or not. Though it is totally your choice, there are a few things that need to be kept in mind. Nowadays, most merchants let you make purchases using a credit card without verifying that the card belongs to you. It is because everyone is looking for their own profit and this is why identity theft is increasing day by day. In terms of identity theft, singing your credit card and not signing it both can be a reason behind your identity theft. Let us understand the same in detail as follows:

Case 1: You Have Signed Your Credit Card

Let us assume that you have signed your credit card and unfortunately it somehow goes into the hands of some fraudulent people or they just got to see your signatures. Now, they might try to copy your signature and use them for fraudulent activities against your financial tools. They may apply for loans in your name and somehow they might become successful in withdrawing money from your account. However, that is not really an easy thing for someone to do, but still, you should be fully aware and take every step carefully.

Case 2: When You have not Signed your Credit Card

If you haven't signed your credit card, any fraudulent people can claim your card to be theirs if they somehow manage to get it. For example, if you have lost your credit card and it goes into the hands of the wrong person, he/she can misuse it and make transactions using your card. However, large transactions and not be made without a PIN, but they can make small contactless transactions, which may affect your financial health badly.

Therefore, signing your credit card or not signing it, both have their own pros and cons. You can do whatever seems right to you, but make sure to ensure all the safety measures. You should keep your credit card information private as much as you can. Nad if you think signing on your credit card doesn't make any sense, you can simply avoid it as it is not an essential thing to do now.

Bottom Line

It doesn't matter whether you are signing the back of your credit card. What matters is whether you are responsible enough to keep your credit card safe or not. It this modernized era of technology, signing credit cards has become an unnecessary process and you can simply avoid it as no one is gonna check if you have signed your card or not. The only thing which matters is that you keep your card safe and use it wisley.

# data[].attributes.attachment_link.title
Should I Sign The Back of My Credit Card?

# data[].attributes.attachment_link.description
If you ever tried to understand all the parts of your credit card, you might have noticed that there is a signature box on the back of it. Nowadays, the trend of signing a credit card has almost ended as most of the major card networks like Visa, Mastercard, etc, do not require a cardholder's sign, but neither do they advise not to sign it.

# data[].attributes.headline
How To Deactivate SBI Credit Card Auto-Debit Option?

# data[].attributes.subject
How To Deactivate SBI Credit Card Auto-Debit Option?

# data[].attributes.body
In this article, we will show you how to deactivate SBI credit card auto-debit option. SBI credit cards are one of the most popular cards in India. They offer a wide range of features and benefits to their customers. However, some people may not want to use the auto-debit feature of their credit card. If you are one of those people, then you can follow the steps mentioned below to deactivate the auto-debit option of your SBI credit card.

https://cardinsider.com/blog/how-to-deactivate-sbi-credit-card-auto-debit-option/

# data[].attributes.attachment_link.readable_text
SBI Card offers multiple Credit Card bill payment channels to its cardholders, ensuring timely payments and convenience at the same time. To make sure that the cardholders make timely bill payments and be safe from heavy interest charges, the card issuer has provided both online as well as offline methods to settle the credit card bill payments. One such amazing method for SBI Credit card bill settlement is the SBI Auto-Debit option. With the Auto Debit option, credit card bills can be settled automatically by debiting an amount from your account on the specified date. Though the Auto Debit feature is an excellent method, it does carry its own disadvantages.

Therefore, in this article, we will talk about how you can deactivate the Auto-Debit option activated on your SBI Credit Card. Hence, if you were looking for the same information and want to deactivate the feature, refer to the following details.

SBI Credit Card Auto-Debit Option

The Auto-Debit option is no doubt an excellent feature associated with a credit card. With this option, your credit card monthly bill will be automatically settled by debiting the same amount from your savings or current account. Therefore, cardholders need not worry about timely payments for their credit cards. However, apart from the benefits of the auto debit option on credit cards, there can be some loopholes associated with the same.

Disadvantages Of Using Auto-Debit Option

Must Maintain the Bill Amount: The Auto-debit option directly debits your savings/current account to make the bill payment for your credit card. Therefore, the cardholder needs to maintain the balance for the bill payment. On the failure of this, the cardholder would be charged with heavy interest charges in case the due date has passed.

No Track on Payments: When credit card bills are automatically paid, it is very hard to keep track of the payments. The cardholder is not able to manage the payments and in case of any mistake or default, there is no manual access to change the payment.

Therefore, the best way is to deactivate the Auto debit option on your credit card.

How to Deactivate the Auto-Debit option?

The procedure to deactivate the Auto-Debit payment method on your SBI Credit Card is very simple and quick. The following steps will assist you in deactivating the method for your SBI credit card:

Fill in the form with your details including, Name, Card Number, and Bank account number.

Mail the Signed Letter to this address:
SBI Cards and Payment Services Ltd.
P.O. Bag No.28, GPO, New Delhi - 110001

Bottom Line

The Auto Payment option for credit card bill payment is an excellent feature for those who carry multiple credit cards or those who forget about the due date and face heavy charges. Otherwise, it is advised to pay your credit card bill manually as you have the complete account of all the payments and in case of any mistake or omission, the cardholder can notify the bank officials on time. If you still have any doubts regarding the deactivation of the Auto-Debit option on SBI credit cards, or any other card, let us know in the comment section below.

# data[].attributes.attachment_link.title
Deactivate SBI Credit Card Auto-Debit Option

# data[].attributes.attachment_link.description
SBI Card offers multiple Credit Card bill payment channels to its cardholders, ensuring timely payments and convenience at the same time. To make sure that the cardholders make timely bill payments and be safe from heavy interest charges, the card issuer has provided both online as well as offline methods to settle the credit card bill payments.

# data[].attributes.body
Metal credit cards can be recycled, but there are a few things you need to do before you recycle them. In this article, we will provide you with a step-by-step guide on how to recycle your metal credit card.
We will also give you some tips on what to do with your metal credit card if you can’t recycle it. So, if you’re ready to learn more about how to dispose off your metal credit card, then keep reading!

#creditcards #finance #dispose

# data[].attributes.attachment_link.description
There are lot of safest way to destroy a metal credit cards is to securely send it back to your credit card issuer. Read in detail Here!

# data[].attributes.body
HSBC offers a Reward Points program to its credit card holders. Reward Points can be redeemed for merchandise, travel, and other experiences. If you are an HSBC credit card holder, you can learn more about how to redeem your Reward Points by reading this article.
Click on the link to know more:-  https://cardinsider.com/blog/how-to-redeem-hsbc-reward-points/

#creditcards #finance #hsbc

# data[].attributes.attachment_link.description
The Hongkong and Shanghai Banking Corporation (HSBC Bank) is one of the oldest and famous banks, having a long history in India. The Bank has launched 4 Credit cards in India each offering great benefits and privileges in various sectors. Moreover, almost all the credit cards offered by HSBC are free for a lifetime.

# data[].attributes.headline
Credit Card Vs Forex: Everything you need to Know

# data[].attributes.subject
Credit Card Vs Forex: Everything you need to Know

# data[].attributes.body
When traveling overseas, you will need to use a foreign currency. There are a few options available to you – you can use your credit card, get a travel card, or buy foreign currency. So, what’s the best option?
In this article, we will compare the two most popular methods of obtaining foreign currency – credit cards and forex (foreign exchange). We will discuss the pros and cons So, which is better? Read now:-
https://cardinsider.com/blog/credit-card-vs-forex-everything-you-need-to-know/

# data[].attributes.attachment_link.readable_text
Credit cards have become a part of our daily lives, from shopping purchases to fuel transactions we all love to use credit cards. And why not, as it offers plenty of benefits in the form of reward points/cashback. However, when traveling abroad, a credit card might be a good choice to carry along as it offers lounge access, reward points on international purchases, etc, but one thing that makes credit cards a bad choice is the forex markup charges that it carries.

The forex markup fee on credit cards makes international transactions more costly. Moreover, it will cost you a lot on withdrawing cash with credit cards at international ATMs. The forex cards, on the other hand, offer zero forex fee and help you to save more on your international transactions.

The Forex cards are accepted globally and you can make purchases in a number of currency options. These cards generally carry zero mark-up fee and you can withdraw cash in foreign currency anytime internationally without any cost. However, unlike credit cards, forex cards do not offer lavish privileges. Therefore, it might be difficult for individuals to choose from credit cards and forex cards for international travel. To help you out, we are here with this article, where you will find a detailed comparison between Forex cards and Credit cards. So keep reading to know more.

Credit Cards Vs Forex Cards: Meaning

Credit cards are one of the best financial instruments that provide individuals the ability to enjoy premium benefits. These cards are issued against a credit line and offer many great benefits. We all love to use credit cards for making transactions and enjoy saving in the form of reward points or cashback. Apart from the rewards on transactions, credit cards offer many other privileges like complimentary airport lounge access, fuel surcharge waiver, discount offers on dining or movies, and much more. When traveling abroad, credit cards offer many privileges which would assist you to make your travel comfortable.

The Forex Cards are prepaid Cards that can be loaded with foreign currencies in advance. The card allows you to store more than one currency and which can be used to make transactions in foreign countries. These cards carry zero forex markup fee and allow you to withdraw cash from international ATMs in foreign currency. Moreover, these cards carry no interest charges as they are prepaid instruments. Therefore, having a forex card when traveling abroad is a must.

Both credit cards and Forex cards offer great benefits to international travelers. But to make a choice one must consider the following points that will help you to differentiate between these two.

Forex Mark-up Fee

When you make transactions in a foreign currency with a credit card, you are charged a forex mark-up fee. These charges vary from card to card depending upon the card you carry (entry-level or Premium credit card). However, most credit cards charge 3.5% of the transaction amount as foreign markup fee for all international transactions. Some premium credit cards carry a lower charge of around 2%, but still, it makes the transaction value go up and cost you a lot when you use it for making international payments.

The Forex Cards, on the other hand, carry zero forex mark-up fee as the currency is already deposited in the card, provided that you use the same currency where it is applicable for example, using USD in the USA. If you a currency for a transaction in a different currency then the conversion charges would apply. Therefore, one should carry multi-currency forex cards that allow you to deposit multiple currencies. One such card is State Bank Multi-Currency Foreign Travel Card which allows you to store multiple currencies in just one card.

Foreign Currency Rate Fluctuations

Making international payments with a credit card carry Forex fluctuation risks. As the Forex rates fluctuate every minute, the transaction value of the payments you make will depend upon the current rates prevailing. These can be high or low as per the market conditions. Therefore, international purchases through credit cards is a risky job.

However, in a forex card, the rates of the currencies are locked once you store them on your card. Therefore, when you make a payment in a foreign currency, the prevailing rates would not matter and the rate at which you stored the currency on your card would be applicable.

Traveling Privileges

When it comes to privileges in travel, credit cards have no match, as they offer world-class benefits including complimentary access to airport lounges, 24X7 Concierge services, and complimentary membership to the airline programs and hotels. Also, for every transaction, you make with credit cards you earn reward points which you can redeem later for a number of choices. With travel credit cards you can earn points in the form of Miles which are redeemable for booking tickets and much more.

Forex Credit cards are built to offer smoothness in international transactions at a very low cost. These cards generally lack such privileges as mentioned above. However, there are few forex credit cards that offer such privileges but in a limited manner. These are Axis Bank Club Vistara Forex Card and MakeMyTrip HDFC Bank ForexPlus Card.

Cash Withdrawals

When you withdraw cash using a credit card from ATMs, a cash advance fee of 3.5% is applicable on the amount withdrawn. These charges make the transaction cost go up and make credit cards a bad choice to withdraw cash.

The forex credit cards also carry a charge on cash withdrawals but these charges are generally lower and are fixed in terms of amount.

Issuance Fee

Credit cards are issued with a joining fee and also carry an annual charge which has to be paid to keep the card running. These charges are generally around Rs. 1,000 and may go up depending upon the card you have. Travel credit cards are generally premium cards that carry around Rs. 3,000 to Rs. 5,000 as a joining or renewal fee.

The Forex cards carry a very little issuance cost and have no annual charge. The issuance cost for the forex cards is just Rs. 100 to Rs. 500. There are a few forex cards that carry a little higher fee.

Bottom Line

You must have got an idea behind the concepts of credit cards and Forex cards. The choice between the two cards totally depends upon you. If you just want a card that offers you slightly few travel privileges and minimal cost on international transactions, then having a forex card is a wise choice. However, if you are looking for a card offering great travel benefits, premium privileges, benefits in shopping, fuel, and much more then you should go for a travel credit card.

In case you have any doubt related to forex or credit cards, let us know in the comment section above.

# data[].attributes.attachment_link.title
Credit Card Vs Forex: Everything you need to Know

# data[].attributes.attachment_link.description
Credit cards have become a part of our daily lives, from shopping purchases to fuel transactions we all love to use credit cards. And why not, as it offers plenty of benefits in the form of reward points/cashback.

# data[].attributes.headline
What is credit card insurance – Everything you need to know

# data[].attributes.subject
What is credit card insurance – Everything you need to know

# data[].attributes.body
What is credit card insurance – Everything you need to know

Credit card insurance is a type of insurance that covers the payments on your credit card in the event that you lose your job, become disabled, or die. It is designed to protect you and your family from the financial burden of credit card debt.

Keep reading to learn everything you need to know about credit card insurance, including how it works, the benefits of having it, and where to get it.
Click here :- https://cardinsider.com/blog/what-is-credit-card-insurance-everything-you-need-to-know/

# data[].attributes.attachment_link.title
What is credit card insurance - Everything you need to know

# data[].attributes.attachment_link.description
Every valuable thing whether living or non-living needs insurance these days. Health and life, the most important things for an individual need to be insured but apart from these, the non-living things such as mobile phones, laptops, etc are also required to be insured.

# data[].attributes.attachment_caption
HDFC Diners Club Black Alumni Offer : Get Lifetime Free UpgradeThe HDFC Diners Club Alumni offer is a great way to get a Diners Club Black Lifetime free credit 

# data[].attributes.headline
HDFC Diners Club Alumni Offer: Get Diners Club Black Lifetime Free Credit Card Upgrade

# data[].attributes.subject
HDFC Diners Club Alumni Offer: Get Diners Club Black Lifetime Free Credit Card Upgrade

# data[].attributes.body
The HDFC Diners Club Alumni offer is a great way to get a Diners Club Black Lifetime free credit card upgrade. This offer is available to all HDFC Diners Club members who have a current account with the bank. To learn more about this offer, visit :- https://cardinsider.com/blog/hdfc-diners-club-black-alumni-offer-get-lifetime-free-upgrade/

# data[].attributes.attachment_link.readable_text
A complimentary upgrade is being offered to the credit cardholders who are alumni of the select premier institutions of the country by HDFC Bank. Under this exclusive upgrade offer, alumni of select institutes who hold any of the HDFC Bank Credit Cards can get a complimentary upgrade to lifetime free HDFC Diners Club Black Credit Card.

July 2022 Update- The bank is now providing HDFC Bank Diners Privilege card to Alumni of various institutes if their Net Monthly income is higher than 70,000. Also, no Income documents are required if your experience is more than 3 years. Students can also apply for HDFC Bank Diners Club Millennia Credit Card.

Who Are Eligible?

This HDFC Diners Club upgrade offer is exclusive for HDFC Credit Cardholders (except obviously Diners Club Black Credit Cardholders), who are alumni of any of the following premier institutes in India-

and currently have a minimum monthly income of Rs. 1.75 lacs. Alumni of a few other premier institutes (not mentioned in the above list) are also eligible for the offer.

How Are Reward Points Transferred?

The Reward Points accumulated on the existing HDFC Credit Card are transferred to the upgraded HDFC Diners Club Black Credit Card on a pro-rata basis- with a certain deduction. The Reward Point transfer ratio of different HDFC credit cards to HDFC Diners club Black Credit Card is as per the following table-

Credit Cards

Reward Points Transfered

HDFC Silver/Gold/Titanium/Titanium Edge/Platinum Edge/Platinum Credit Cards

10%

HDFC IOCL Credit Card

20%

HDFC Easy EMI/Millennia Credit Cards

100%

HDFC Visa Signature/Superia/Master Card World/ Freedom Credit Cards

15%

HDFC Diners Premium/Diners Club Miles/ Diners Privilege/ Regalia Credit Cards

50%

HDFC Moneyback/Solitaire/SolitairePremium Credit Cards

25%

HDFC Regalia First/DinersRewardz /All Miles Credit Cards

30%

For example, if the cardholder had, say, 20,000 Reward Points on their existing Diners Club Premium Credit Card, they will get only 10,000 Reward Points on their new upgraded HDFC Diners Club Black Credit Card- this is because the Reward Points on HDFC Diners Club Black Credit Card are worth twice the monetary value (approx.) of the Reward Points on HDFC Diners Club Premium Credit Card.

Bottom Line

HDFC Bank is the only card issuer in the country that issues Diners Club credit cards. Earlier also in 2019, HDFC came up with a very similar upgrade offer for alumni of select premier institutes in the country. The best part about this upgrade offer is that the cardholders not only get a complimentary upgrade along with the transfer of Reward Points (on a pro-rata basis), the new Diners Club Black Credit Card is issued as an LTF (lifetime free) credit card.

# data[].attributes.attachment_link.title
HDFC Diners Club Black Alumni Offer : Get Lifetime Free Upgrade

# data[].attributes.attachment_link.description
A complimentary upgrade is being offered to the credit cardholders who are alumni of the select premier institutions of the country by HDFC Bank. Under this exclusive upgrade offer, alumni of select institutes who hold any of the HDFC Bank Credit Cards can get a complimentary upgrade to lifetime free HDFC Diners Club Black Credit Card.

# data[].attributes.headline
Things You Need To Know When Deactivating SBI Credit Card!

# data[].attributes.subject
Things You Need To Know When Deactivating SBI Credit Card!

# data[].attributes.body
In this post, we will take a look at the things you need to know when deactivating your SBI Credit Card. SBI Credit Card offers a wide range of credit cards with different features and benefits. You can choose a credit card based on your needs and requirements. However, there may be times when you need to deactivate your credit card. It may be because you do not use the credit card anymore or you have switched to another credit card provider. Whatever the reason may be, there are certain things you need to know before deactivating your SBI Credit Card. For full information click here

# data[].attributes.attachment_link.readable_text
Credit Cards are undoubtedly one of the best financial instruments to manage your finances. They not only allow you to make quick payments but also provide multiple compelling privileges including, travel benefits, dining benefits, rewards on transactions, and much more. However, it might become challenging for someone who is holding more than one credit card or someone who cannot manage their multiple credit card bills. The best way to get out of this is to deactivate the credit card. Other than this, there might be several reasons why one wants to deactivate their Credit Card.

If you hold any SBI Credit card and want to deactivate it due to some reasons, then we are here with this article, to help you in deactivating your SBI Credit card. Also, you will come to know the things that one should take care of before deactivating and the after-effects of the same. Therefore, keep reading this article, to know more about the deactivating process for the SBI Bank Credit Cards.

Deactivating SBI Credit Card

The process of Deactivating any SBI Credit Card is very simple and quick. The Bank has provided multiple ways for its customers to deactivate their credit cards. Before we move further with the process of deactivating the card, let's first understand some things that one should consider doing before deactivating their credit card. Following are the points one should know before deactivating their SBI Credit Card:

Settle your Outstanding Balance in Full

Before you make a request to the SBI Bank, to deactivate your credit card, the first thing you should do is to check if there is any unsettled amount on your credit card. The Bank will initiate the process of deactivating your credit card only if the card's statement is settled in full, ie, there is no due amount on the card. If you find any due amount, it is better to settle the same first and then request the deactivation.

Close all Auto Payments

In case you have set Auto Payments for merchant subscriptions like Youtube Premium, Netflix, etc, with your SBI Credit Card then it is better to cancel all of them or the same would be reflected in your statement. The bank will again not initiate the process of deactivating if you don't settle your dues.

Claim your Rewards

Before you deactivate your SBI Credit card, it is better to check whether you have any Reward Points that were not redeemed earlier. If you do have some reward points, it is advisable to redeem them before making the request. Otherwise, all your reward points would be lost and you will not be compensated for them in any way.

Outcomes of Deactivating the SBI Credit Card

Once your SBI Credit card is deactivated, there might be some possible consequences of the same. It might impact your credit score, reduction in total credit, etc. Following are some of the after-effects of deactivating the SBI Credit card:

Increase in Credit Utilization

If you were using multiple credit cards before and then deactivating the card, if the total expenses remained the same, the credit utilization would increase on other credit cards. This, however, will not happen in case you were using only one credit card.

Impact on the Credit Score

Deactivating a credit card does not impact your credit score. However, over-credit utilization as mentioned above, may impact your credit score to some extent. Also, if the reason to deactivate the card is because of poor credit history and unsettled balance, then also your credit score would be impacted.

Impact on Add-on Credit Cards

If your family members were also using the add-on card issued against your SBI Credit Card, then the services on the additional cards would also be discontinued. Your family members would not be able to use the add-on credit cards anymore.

How to Deactivate the SBI Credit Card?

Now as we have understood all the information related to deactivating a credit card and the impact of the same, now is the time to know the process of deactivating the SBI Credit Card. The SBI Cards has provided quick and easy ways for its cardholders to deactivate their credit cards. Following are the methods by which you can get your SBI card deactivated:

By Contacting the SBI Credit Card Customer Care

You can close your SBI Credit card account by contacting the SBI Bank's officials through the following contacts:
18601801290 / 18605001290 or 39 02 02 02 (Prefix local STD code).

By Visiting the Branch

Visit your nearest SBI Bank branch and request the bank officials to close your SBI Credit card account. You might be required to submit the request by filling in an application form.

By Submitting a Letter

You can also deactivate your credit card by submitting the deactivation letter at,

SBI Card,
PO Bag 28,
GPO, New Delhi 110 001.

Bottom Line

Closing an SBI credit card account is a quick and easy process. One should deactivate a card if they are not able to maintain and afford their bills. Otherwise, credit cards are the best way to build a credit score along with the benefits they provide. If you still have any doubts regarding deactivating your SBI Credit card, then let us know in the comment section below.

# data[].attributes.attachment_link.title
Things You Need To Know When Deactivating SBI Credit Card!

# data[].attributes.attachment_link.description
Credit Cards are undoubtedly one of the best financial instruments to manage your finances. They not only allow you to make quick payments but also provide multiple compelling privileges including, travel benefits, dining benefits, rewards on transactions, and much more.

# data[].attributes.headline
Can Someone Else Pay My Credit Card Bill?

# data[].attributes.subject
Can Someone Else Pay My Credit Card Bill?

# data[].attributes.body
If you know someone who’s struggling under crippling credit card debt, paying their bill can be a huge relief for them. You could simply give them the money to pay the bill themselves, but if you’d rather do it yourself, you can typically make the payment online, over the phone, or in person.

Click on the link to get full information:-

https://cardinsider.com/blog/can-someone-else-pay-my-credit-card-bill/

#creditcards #india #finance

# data[].attributes.attachment_link.readable_text
Paying a credit card bill on time is one of the most important things if you are a credit cardholder. Delay in payment of credit card bills not only leads to its accumulation but also attracts a lot of charges. Apart from all this, delay in credit card bill payment will also have a negative impact on your Credit score. The bill payment should not be delayed in any of the circumstances. But sometimes there may be a situation where an individual is not able to pay his credit card bill due to his non-availability, or he might be traveling, or maybe because of any other reason, but he has to make sure that the credit card bill is paid well in time. So, he may ask any of his friends or relatives to pay on his behalf. But the question that arises in his mind is - Can someone else pay my credit card bill?

So, the answer to this question is, Yes. A family member, or a friend, on the behalf of an individual can pay his credit card bill. When you find a friend or relative of yours, who is not able to the bills on time due to any reason, you can surely help him by paying his bills on time and give him a huge relief by saving him from a lot of charges, which otherwise would have been imposed on his account due to non-payment of the credit card bill. There are multiple ways in which you can pay the bills but it can be done in a way that is most convenient for you.

Ways in which you can pay someone else's credit card bill

Now that you are sure that you can pay the credit card bill on behalf of some other person, you can follow the below-mentioned ways in which this can be done.

Via Netbanking- One of the most convenient ways to pay someone else's credit card bill is via net banking. You can pay the bill by sitting at your place and you do not have to move out. All you will have to do is -
- Login to your net banking account
- Register a new Payee with the bank
- For registration, you will have to enter the credit card number (whose bill has to be paid), and the IFSC Code of the respective bank
- Once added, you can directly pay the credit card bill using your net banking.

Via Phone Banking- Another way of paying someone's credit card bill is by using your respective bank's phone banking application. To pay the bill using this method -
- Login to your phone banking application
- Under the payments sections, go to credit cards, and then select 'Pay other credit card bills'
- After this, you will have to give the payee details by entering the credit card number and name on the card.
- Once the payee has been successfully added, you can pay the bill on behalf of the other person.

Via Cheque- Paying the credit card bills via cheque is another option when you have to pay the bills. Under this method, you need to draw a cheque from your account favoring the credit card issuer bank of the other person. Enter the amount that you wish to pay towards the bill. On the backside of the cheque, you have to write down the name of the credit cardholder and his credit card number. Submit it to the bank to which the credit card belongs. If you also have an account with the same bank, the cheque will be cleared on the same day but if you issue a cheque from a different bank, it will take 24 hours for the payment to be credited to the credit card account.

Via Cash- The last option with which you can pay someone else's credit card bill is through cash. For this, you will have to walk into the nearest bank branch of the respective credit card issuing company. Fill in the pay-in slip. Mention the credit card number, name of the cardholder, and the amount that you would like to deposit towards the credit card bill on the slip. Once done, hand over the cash and the pay-in slip to the cashier in the bank, and the bill will be deposited. You also might need to carry identity proof with you if you are depositing a huge amount towards the credit card bill.

Bottom Line

If you are a frequent credit card user, you must be aware of the importance of paying the credit card bills on time. But if due to any circumstance, if your relative or a friend is not able to pay the credit card bill on time, you can surely help them in doing so. There is no such restriction imposed that you cannot pay someone else's credit card bill. There are various methods by which this can be done. All you have to take care of is to first check your own finances and then help somebody else. If comfortable with the finances, you can deposit the bill by net banking or cash or cheque and help your relative or friend from the massive charges that would be attracted due to non-payment of credit card bills and also help them maintain their credit score.

Suggested Read: How Much Should You Pay on Your Credit Card Bill?

# data[].attributes.attachment_link.title
Can Someone Else Pay My Credit Card Bill?

# data[].attributes.attachment_link.description
Paying a credit card bill on time is one of the most important things if you are a credit cardholder. Delay in payment of credit card bills not only leads to its accumulation but also attracts a lot of charges. Apart from all this, delay in credit card bill payment will also have a negative impact on your Credit score.

# data[].attributes.headline
7 Questions to Ask Yourself Before Getting a Credit Card

# data[].attributes.subject
7 Questions to Ask Yourself Before Getting a Credit Card

# data[].attributes.body
A credit card is a bit like a sharp knife — it’s a very handy tool, but it’s capable of inflicting horrendous damage if used improperly. The same advice applies to both of them — choose the right tool for the job, and follow the safety rules.

So when you choose to get a credit card, first ask yourself these seven questions:
click here to get to know questions :- https://cardinsider.com/blog/important-questions-to-ask-yourself-when-choosing-a-rewards-credit-card/

#creditcards #finance #india #rewards

# data[].attributes.attachment_link.readable_text
Credit cards are one of the greatest financial tools and have become a necessity for individuals these days. They not only help an individual overcome their financial crunch but in return awards them various benefits so that they continue to use their credit cards. Several emails keep piling up in your mailbox regarding credit card offers and sometimes you are also triggered by SMSs that keep you attracted to credit cards. Credit Cards are famous not just because they help individuals deal with a situation wherein they are low on their finances but, they also provide them with various rewards in return for using a credit card.

Now there are various kinds of reward programs, such as a credit cardholder will get reward points with respect to each purchase he makes using his credit card, or he is entitled to get cashback on the transactions that he makes through a credit card, or he can also earn miles while he uses his credit card which can be further redeemed against the partnered Miles Program. But apart from just knowing that he can earn rewards (in any form) while he uses his credit card, he should also know which card should he opt for on the basis of his needs and his spending pattern. Tn earn rewards (in any form) while he uses his credit card, he should also know which card should he opt for on the basis of his needs and his spendhis is because for every new credit card he will go for, a hard inquiry will be placed on his credit report, irrespective of the fact that you get approved for a credit card or not.

Therefore, an applicant, before applying for a credit card should well analyze his /her spending pattern and should mandatorily hover between the credit cards of different banks and find the credit card that provides him the maximum benefit (on the basis of where he spends using his credit card) while he continues to make regular spends using his credit card. In this article, we are going to discuss what an individual should consider or what questions should he ask himself before applying for a new rewards credit card so that you exactly know how you will be able to maximize its value. Keep reading to know more about this in detail.

Important Questions To Ask Yourself When Choosing A Rewards Credit Card

There are various important questions that you must ask yourself before you apply for a credit card. This is because one should be very clear in their mind that why they want a credit card and whether or not they will be able to take responsibility for owning a credit card. We will discuss a few questions in the article below after which you will have a clear picture in mind that why should you opt for a rewards credit card.

Where do you spend most of your money?

The first and foremost question that you should ask yourself before opting for a credit card should be where you spend the most of your money. If you are frequently on the roads because of your work or vacation, you should go for a fuel credit card, or if you are a person who liked to dine outside, then you should choose a credit card that earns you great rewards while you pay your dining bills using your credit card. There are multiple types of credit cards available in the market. One should choose a credit card that enhances their earnings.

Reward Points

An applicant should know how many reward points will he earn using a particular credit card while he makes purchases using it. For example, some credit cards offer accelerated reward points while they spend on some specific category using a particular credit card. Hence, an applicant should consider choosing that particular credit card that will provide him higher reward points on his specific spending.

Value of Reward Points

Now that you are constantly using your credit card to earn reward points, you should be well aware of the fact that what is the monetary value of the reward points that you earn. You should pay close attention to the redemption rate of the reward points. Generally, the reward points that you have earned are redeemed at a rate of 1 Reward Point = Rs. 0.25. But then there are some high-end credit cards that provide you a reward redemption rate that is higher than this rate. Not just against cash, credit cardholders have the freedom to redeem the earned reward points against various products and vouchers, wherein the redemption rate is different from the rate that you get when redeemed against cash. You can purchase the products and vouchers of your choice from the respective bank's website by using the reward points that you have earned.

Fees linked to the rewards credit card

Because the reward points have quite a lot of value, therefore the fees and interest rates linked to these credit cards are also quite high. A credit card applicant must go through the detailed terms and conditions of a specific credit card in order to have proper knowledge of all the fees and charges linked to the particular credit card which he is going to apply for.

Important Points to Note In Case Of A Rewards Credit Card

Every credit card, whether a rewards credit card, cashback credit cards, or a miles credit card, has some specific points that an applicant should know of before he applies for such kind of credit card-

The reward points that you earn with a rewards credit card are not valid for a period of a lifetime. These reward points come with an expiry date. Post this date, cardholders will not be able to enjoy the benefits of these reward points. In general, these reward points are valid for a period of 2 years but in the case of some credit cards, the validity of these reward points may go up to a period of 5 years. Hence, if a credit cardholder would want to gain maximum benefit out of credit card reward points, he should redeem them before they expire.

For every reward redemption request that credit cardholders place, they might have to pay a reward redemption fee. However, some card issuers don't charge any fee for redemption of rewards, but some of them do.

Bottom Line

Credit cards are excellent financial tools to deal with a situation of financial crunch and also where cardholders can earn great rewards while making payments using their credit cards. Apart from this, these cards also help an individual to build credit. Selection of the best credit card for self is the most important step in the journey of credit cards. You should do thorough research in this field before you choose the one that will provide you with the maximum benefits. Also, cardholders should take care of the redemption of reward points as they should be redeemed before they expire otherwise you will not be able to take advantage of the reward points.

# data[].attributes.attachment_link.title
Important Questions To Ask Yourself When Choosing A Rewards Credit Card

# data[].attributes.attachment_link.description
Credit cards are one of the greatest financial tools and have become a necessity for individuals these days. They not only help an individual overcome their financial crunch but in return awards them various benefits so that they continue to use their credit cards.

# data[].attributes.body
In this post you will learn about the HDFC Bank Credit Card Lifetime Free Conversion Conditions October 2022 HDFC Bank recently updated their terms and conditions for converting a credit card to a lifetime free credit card. According to the new conditions, we get 3 options (for maximum cards) for converting a credit card to a lifetime free card.
Click here to get full information:- https://cardinsider.com/blog/hdfc-credit-card-lifetime-free-conversion-conditions/

#creditcards #finance #hdfc

# data[].attributes.attachment_link.readable_text
If you are an HDFC Bank Credit Cardholder, here is some good news for you. The HDFC bank is providing its cardholders with a great opportunity to make their credit card lifetime free by achieving the required spend milestone within a specific time period. However, the offer is not valid on existing cards, but only on those cards that have been issued during the offer period. This is a very unique offer launched by the card issuer as the cardholders can make premium cards like HDFC Regalia Credit Card lifetime free for them. To know more about the offer and its detailed terms and conditions, keep reading the article:

How To Make Your HDFC Credit Card Lifetime Free?

The lifetime free conversion condition of HDFC Credit Cards can be done on the basis of total spends within the first 90 days from the card issuance date. The offer is only applicable to the eligible cards that have been issued during the offer period, which is not clearly disclosed by the card issuer, so you can keep availing of its benefits until the bank discontinues it. However, the eligible customers will receive direct communication from the bank and those who don't receive a mail/SMS regarding this offer, won't be eligible for it. the offer is not valid for all cards, but only for the HDFC Credit Cards mentioned in the table below. You can understand the required milestone spend for eligible credit cards here:

Credit Cards

Spends Required Within First 90 days

HDFC Regalia Credit Card
HDFC Business Regalia Credit Card
HDFC Diners Privilege Credit Card
Indigo HDFC Bank 6E Rewards XL Credit Card

Rs. 1 lakh

HDFC Bank Millennia Credit Card

Rs. 50,000

HDFC MoneyBack Plus Credit Card
HDFC Freedom Credit Card
HDFC Bank Indian Oil Credit Card
Indigo HDFC 6E Reward Credit Card
HDFC Business MoneyBack Credit Card

Rs. 30,000

Also Read: HDFC Bank is Offering Card Upgrades or Higher Credit Limit to Credit Card Customers

Terms and Conditions

The offer is only applicable to the cards that are mentioned above in the table and not to all the HDFC bank Credit Cards.

On fulfilling the required milestone spends, the lifetime free offer will be applied to the eligible cards within 6 months from the issuance date.

The offer is only valid for cards that have been issued during the offer period.

Only cardholders who have received direct communication from HDFC Bank will be eligible for this offer.

You can check more details of the offer here.

Popular HDFC Bank Credit Cards (Which You Can Make Lifetime Free)

Out of a wide range of credit cards issued by HDFC Bank, the following are some of the most popular ones that you can make lifetime free through the above method or using other ways:

HDFC Regalia Credit Card

The HDFC Bank Regalia Credit Card, which generally comes with an annual fee of Rs. 2,500, is one of the most popular and desired credit cards offered by the bank. It offers a decent reward rate and several great benefits across other categories, including travel, dining, etc. The following are some of its most significant features:

The card offers 4 Reward Points on every spend of Rs. 150.

The cardholders get 12 complimentary domestic and 6 international lounge access every year.

Exclusive dining offers under the Dineout Passport Programme.

The cardholders get an air accident insurance cover worth Rs. 1 Crore.

HDFC Millennia Credit Card

The Millennia Credit Card issued by HDFC Bank is one of the best cashback credit cards in India. It charges an annual fee of Rs. 1,000, and provides you with great privileges across various categories. With this card, you can earn up to 5% cashback on your spends, i.e, you can save amazingly. Some other important benefits of this card are:

The cardholders can earn 5% cashback on selected online brands, and 1% cashback on all other spends.

The card offers 8 complimentary domestic lounge access every year.

You can enjoy up to 20% discount on dining at premium restaurants.

HDFC Bank MoneyBack Plus Credit Card

The HDFC Bank MoneyBack Plus Credit Card is a basic but popular card issued by HDFC Bank. It comes with an annual fee of Rs. 500 and offers a great reward rate with a number of additional benefits. the following are some of its important features:

The card offers 2 CashPoints on every spend of Rs. 150.

5x CashPoints on EMI transactions at selected merchant outlets and 10x CashPoints on selected online brands including Amazon, Flipkart, BigBasket, Swiggy, Zomato, etc.

The cardholders can earn gift vouchers worth up to Rs. 2,000 every year.

6E Rewards XL - Indigo HDFC Bank Credit Card

The 6E Rewards XL Credit Card is offered by the HDFC bank in partnership with Indigo airlines and hence it is targeted at frequent flyers. It comes with an annual fee of Rs. 2,500 and several travel-related benefits which are as follows:

Opportunity to earn a complimentary Indigo flight ticket as a welcome benefit.

5% 6E Rewards on Indigo spends and up to 3% 6E Rewards on other categories.

8 complimentary domestic lounge access every year.

HDFC Bank Diners Club Privilege Credit Card

The HDFC Bank Diners Club Privilege Credit Card comes with an annual fee of Rs. 2,500 and offers a very similar reward rate to the Regalia Credit Card. Other than this, the card has several other features as mentioned below:

The card offers 4 Reward Points on every spend of Rs. 150.

You get 12 complimentary domestic as well as international lunge access every year.

8 complimentary golf games every year.

The cardholders also get complimentary air accident cover worth up to Rs. 1 Crore.

6E Rewards - Indigo HDFC Bank Credit Card

The 6E Rewards Indigo Credit Card offered by HDFC Bank is a toned-down version of the 6E Rewards XL Card. It comes with an annual fee of Rs. 700 and rewards you in the form of 6E Rewards that are redeemable against various travel-related options. Some of this card's important features are:

2.5% 6E Rewards on Indigo ticket bookings.

Up to 2% 6E Rewards on other categories.

The cardholders can earn 1 complimentary flight ticket every year on achieving the spend milestone.

Benefits and Features of Lifetime Free HDFC Credit Cards

Some of the general features and benefits of the lifetime free credit cards are listed below:

You don't need to pay any annual maintenance charges in order to avail of the benefits of a lifetime free credit card.

The HDFC Bank Credit Cards, which you can make lifetime free, don't just come with a credit limit, but some of these also offer exclusive benefits like great reward rates, complimentary lounge access, and many more privileges across different categories.

The lifetime free credit cards are generally easier to get approved for compared to other expensive cards.

Bottom Line

HDFC Bank, being the most popular credit card issuer in India, keeps launching exclusive offers from time to time, and this time, it has come with an exceptionally amazing offer for cardholders. The eligible cardholders can make their credit card lifetime free just by spending the stipulated amount within the given time period. However, some of these cards also offer to spend based waiver of the annual fee, and the cardholders can also make their HDFC Bank cards (selected cards) lifetime free by activating Balance Transfer, OneAssist, or SmartPay on their credit card and renewing it every year. But under this offer, you have a chance to make your card free for a lifetime at once. So, if you were planning to make some large spends, you should apply for one of these cards and try to make it lifetime free. In case of any further doubts regarding this offer, you can freely ask us in the comment section below!

FAQs
1. How to make HDFC credit card lifetime free through smartpay?
You can make the above-mentioned HDFC Credit Cards lifetime free by activating SmartPay on your credit card within the first 90 days of card issuance and renewing it every year.
2. How to make HDFC credit card lifetime free through OneAssist?
Another option to make your credit card lifetime free is to subscribe to OneAssist through your credit card and renew it every year.
3. How to check whether I can make my HDFC Credit Card lifetime free or not?
The eligible cardholders under the lifetime free offer are directly communicated by the bank. So, if you would be an eligible cardholder, you will receive an email/SMS regarding the same on your registered email ID/mobile number.
4. Is the HDFC Millennia Credit Card also eligible under the lifetime free offer?
Yes, the Millennia Credit Card is also eligible for this offer.

# data[].attributes.attachment_link.title
HDFC Credit Card Lifetime Free : June 2022 Conditions

# data[].attributes.attachment_link.description
If you are an HDFC Bank Credit Cardholder, here is some good news for you. The HDFC bank is providing its cardholders with a great opportunity to make their credit card lifetime free by achieving the required spend milestone within a specific time period.

# data[].attributes.headline
ICICI Bank Coral Credit Card vs ICICI Bank Rubyx Credit Card.

# data[].attributes.subject
ICICI Bank Coral Credit Card vs ICICI Bank Rubyx Credit Card.

# data[].attributes.body
Are you having trouble deciding between the ICICI Bank Coral and ICICI Bank Rubyx credit cards, both of which are excellent choices? To learn the key distinctions between the two cards, continue reading.

# data[].attributes.attachment_link.readable_text
Credit cards by ICICI Bank, namely ICICI Bank Coral Credit Card and ICICI Bank Rubyx Credit Card are from the gemstone collection of the bank. Both the cards by ICICI Bank are offered in all three variants - Visa, Mastercard, and American Express. An individual is given a free hand to choose from the variants available. The ICICI Bank Coral Credit Card was designed keeping in mind the daily needs of an individual such as providing them with discounts on movie bookings, dinners, and regular reward points on their daily spending. You also get complimentary access to domestic lounges and railway lounges with this card. Additionally, an individual is rewarded with a fuel surcharge waiver on all his fuel transactions. ICICI Bank charges a nominal joining fee of Rs. 500 for this credit card which quite justifies the benefits that this card provides.

On the other hand, the ICICI Bank Rubyx Credit Card is a premium credit card that provides you with amazing welcome benefits. Along with the welcome benefits, the bank also allows you to earn reward points on all your spending which includes international spending as well. Apart from this, you also get complimentary access to the airport and railway lounges, discounts while booking movie tickets and while paying your dining bills, etc. With this credit card, you also get complimentary golf lessons every month. This credit card comes with a joining fee of Rs. 3,000 which is quite in sync with the rewards and benefits that this card offers. Also, the renewal of this card can be waived off on the basis of the amount spent using your credit card in the previous year.

Both credit cards provide unmatched deals within their individual categories on the basis of where you spend using your credit card. Let us discuss in detail the features and benefits that these cards provide to have a better understanding of these credit cards -

ICICI Bank Coral Credit Card

ICICI Bank Coral Credit Card provides some exclusive benefits to its holders while they use their credit cards for dining, entertainment, and travel purposes. This card allows the cardholders to earn reward points on all their spends which can be further redeemed against the products and vouchers available on the ICICI Bank Website. In addition to all this, the cardholders get complimentary access to the airport and railway lounges. This card comes with a joining and renewal fee of Rs. 500. Following are the detailed features and benefits that come along with this credit card -

The cardholder will be rewarded with 2 Reward Points for every Rs. 100 spent on all transactions (does not include fuel transactions).

Earn 1 Reward Point for every Rs. 100 spent on utilities and insurance.

The cardholder can enjoy 1 complimentary access to airport lounges in India if he is able to spend Rs. 5,000 using his credit card in the previous calendar quarter.

With the ICICI Bank Coral Credit Card, the cardholders get 4 complimentary visits to the railway lounges in India, limited to 1 visit in a quarter.

The cardholders can now enjoy the delicate cuisines at 2500+ premium restaurants which include TGI Fridays, Cafe Coffee Day, etc by getting a 15% discount while paying the dining bills using the ICICI Bank Coral Credit Card.

With ICICI Bank Coral Credit Card, the cardholders can get a 25% discount (maximum of Rs. 100) on the purchase of a minimum of 2 tickets via BookMyShow and INOX. This offer can be availed by a cardholder 2 times a month.

As a milestone benefit, you will get rewarded with 2,000 Reward Points on achieving spends of Rs. 2 Lakhs and a further 1,000 Reward Points every time you achieve a spend of Rs. 1 Lakh using your credit card in an anniversary year. The maximum bonus reward points that a cardholder can earn in an anniversary year as a milestone benefit are capped at 10,000 points per year.

The cardholders are entitled to get a fuel surcharge waiver of 1% at all HPCL petrol pumps across India on transactions of maximum up to Rs. 4,000.

The joining fee of this credit card can be waived off if the cardholder is able to spend Rs. 1.50 Lakhs using their credit card in the previous year.

All the reward points earned using the ICICI Bank Coral Credit Card can be redeemed against an array of products and vouchers available at the ICICI Bank Website or against cash where 1 Reward Point = Rs. 0.25

ICICI Bank Rubyx Credit Card

A card from ICICI Bank's gemstone collection, ICICI Rubyx Credit Card is a premium credit card specially designed to provide exclusive benefits to its cardholders. A cardholder is entitled to get reward points on all his domestic and international spends. In addition to the reward points, the cardholder is also entitled to complimentary visits to the airport and railway lounges. The cardholder will also get discounts on booking movie tickets and while paying his dining bills. With a joining fee of Rs. 3,000 (plus applicable taxes), the rewards and benefits that this card provides are quite great. Let us now discuss in detail this credit card by ICICI Bank-

As a welcome gift, the cardholder gets shopping and travel vouchers amounting to Rs. 5,000 or more. These will be given to the cardholder within 30 days of the payment of the joining fees.

With ICICI Bank Rubyx Credit Card, the cardholder gets 4 Reward Points for every Rs. 100 spent on all international transactions.

You get 2 Reward Points for every Rs. 100 spent on all domestic transactions.

The cardholder will get 1 Reward Point for every Rs. 100 spent on transactions related to insurance and utility spends.

The cardholder gets 2 complimentary visits to the domestic lounge every quarter with the Visa variant of the ICICI Bank Rubyx Credit Card

You get 1 complimentary domestic lounge access per quarter with each of the American Express and MasterCard variants upon successfully spending Rs. 5,000 using your credit card in the previous quarter.

The cardholder is entitled to get 2 complimentary railway lounge access per quarter.

The cardholders can avail of a discount of 25% (maximum of Rs. 150) on a purchase of 2 movie tickets twice a month via BookMyShow and INOX (individually). This offer is applicable one time each on American Express and Mastercard variants.

Under the ICICI Bank Culinary Treats Program, you get exciting discounts on your dining bills at the partnered restaurants.

The cardholders get 1 complimentary golf round/lesson for every Rs. 50,000 spent in the previous month. A maximum of 2 rounds can be enjoyed in a month.

You get access to ICICI Bank's 24×7 concierge services, i-Assist for assistance regarding hotel reservations, movie ticket bookings, car rental, etc.

With this credit card, the cardholder can earn 3,000 Reward Points on achieving spends of Rs. 3 Lakhs and 1,500 Reward Points for every subsequent spends of Rs. 1 Lakh in an anniversary year. The maximum reward points that can be earned as milestone benefits are 15,000 Reward Points.

With ICICI Bank Rubyx Credit Card, the cardholders get a fuel surcharge waiver of 1% all fuel stations in India on a maximum transaction of Rs. 4,000

The Rewards points earned with the ICICI Bank Rubyx Credit Card can be redeemed against a variety of products available at the ICICI Bank Website or can be redeemed for cash where 1 Reward Point = Rs. 0.25

Quick Comparison

Now that we have discussed the features of both the cards individually, let us now have a quick comparison between ICICI Bank Coral Credit Card and ICICI Bank Rubyx Credit Card -

Basis

ICICI Bank Coral Credit Card

ICICI Bank Rubyx Credit Card

Reward Rate

2 RP for every Rs. 100 spent on all transactions (except fuel)

1 RP for every Rs. 100 spent on utilities and insurance

4 RP for every Rs. 100 spent on international spends

2 RP for every Rs. 100 spent on domestic spends

1 RP for every Rs. 100 spent on utilities and insurance

Reward Redemption

Can be redeemed against products or vouchers or for cash

1 RP = Rs. 0.25

Can be redeemed against either products or vouchers or for cash

1 RP = 0.25

Lounge Access

1 visit per quarter on spending a minimum of Rs. 5,000 in the previous quarter

2 visits per quarter with Visa Variant

1-1 visit each with Mastercard and Visa Variant on spending Rs. 5,000 with your card in the previous quarter

Joining Fee

Rs. 3,000 + Taxes

Eligibility

Issued to salaried and self-employed individuals

The primary cardholder should be 23 years or more in age

The net income as per ITR must be a minimum of Rs. 5 Lakhs

Issued to salaried individuals between the age of 21 years and 65 years and having an income of Rs. 50,000 or more per month

Issued to self-employed individuals between the age of 21 years and 65 years and having an income of Rs. 5.5 Lakhs or more

Bottom Line

Both the credit cards by ICICI Bank let you earn decent reward points on almost all of the transactions done using your credit card. While the ICICI Bank Coral Credit Card is considered an entry-level credit card but still provides some great value-added benefits such as domestic lounge access, railway lounge access, discounts on movies and dining, etc in comparison to the joining fee that it charges. While on the other hand, ICICI Bank Rubyx Credit Card is a premium credit card that provides you with great reward points on both your international and domestic spends. Additionally, you can have a comfortable travel experience while you travel by rail or by air as you have complimentary access to lounges at both places. It also provides some exclusive benefits such as insurance covers and concierge services. Both the cards have their individual rewards and benefits and the customer will have to choose from the two on the basis of deals that each credit card offers and which will be comfortably affordable by the customer.

# data[].attributes.attachment_link.title
ICICI Coral Vs Rubyx Credit Card - Which Is Better?

# data[].attributes.attachment_link.description
Credit cards by ICICI Bank, namely ICICI Bank Coral Credit Card and ICICI Bank Rubyx Credit Card are from the gemstone collection of the bank. Both the cards by ICICI Bank are offered in all three variants - Visa, Mastercard, and American Express. An individual is given a free hand to choose from the variants available.

# data[].attributes.headline
How UPI Linkage Will Impact the Credit Card Transactions!

# data[].attributes.subject
How UPI Linkage Will Impact the Credit Card Transactions!

# data[].attributes.body
Recently RBI announced that card issuers are now allowed to link their credit cards with UPI. What else is there to know, read more to find out.

# data[].attributes.attachment_link.readable_text
The Reserve Bank of India 's (RBI) decision to allow financial institutions to link credit cards with the Unified Payment Interface (UPI) is trending news in financial markets these days, as payment through UPI will make it easier for users and also for financial institutions to keep a track on the same. Earlier, users were able to make UPI transactions with their debit cards and savings account or current accounts, for credit card transactions user has to carry their cards with them and it is crucial for the vendors or the merchants to keep a credit card terminal (card swiping machine). Now, it will be easier to make payments with just a smart device and the tension of keeping a credit card will also be solved.

The PNB, Union, and the Indian Bank are the first banks to launch their RuPay credit cards on the UPI Platform. With this, the cardholders would be able to make seamless transactions with their credit card via UPI. In this article, we are doing to talk about the major questions that arise while linking credit cards with UPI networks.

Possible Effects On Credit Card Transactions

UPI linking with credit cards would definitely transform the economy, however, the decision has left some doubts and unanswered questions like Merchant Discount Rate (MDR) as there is no MDR on UPI transactions, there is however on Credit card transactions. The first advantage of linking credit cards with UPI has been given to RUPAY credit cards which generally have a low MDR as compared to other credit card Networks. Even though there are some clarities required on the same.

Also, there are still some doubts whether the decision of linking UPI with credit cards would be forwarded to other credit card agencies like Mastercard, VISA, etc. For the RUPAY, it has been a green signal. Currently, in India, there are around 50 million merchants accepting UPI transactions, as compared to 6 million POS machines accepting credit card transactions. Therefore, it would be beneficial for the Indian economy to allow all credit card agencies and banking institutions to link UPI with credit card transactions.

The structure of transactions through credit cards is completely different from that of UPI transactions. Where UPI transactions require a four- or six-digit code for the transaction to take place, a credit card requires a PIN for offline payment through the POS or the card details and the OTP for the online purchases. Therefore, it will require a deep understanding and a new structure to be placed for the successful linkage of UPI with credit cards.

It is seen that millions of transactions take place in India, where the majority of these transactions are accounted for through UPI transactions. If the credit cards are linked with UPI payments, then it would be on the part of the customer to take care of their credit limit, and the ability to pay back.

Bottom Line

Recently, the Central Bank has announced that the Credit card issuers including the PNB Bank, Union Bank and the Indian bank are the first to launch RuPay Credit Cards on UPI. Therefore, the decision by the central bank will completely transform the way of doing transactions in India and will be of greater advantage for the users as well as for the financial institutions. There are however many unsolved queries and doubts in the minds of customers as well as the banking and credit card agencies. Let us know if you have any doubt regarding the same in the comments below!

# data[].attributes.attachment_link.title
How UPI Linkage Will Impact Credit Card Transactions

# data[].attributes.attachment_link.description
The Reserve Bank of India 's (RBI) decision to allow financial institutions to link credit cards with the Unified Payment Interface (UPI) is trending news in financial markets these days, as payment through UPI will make it easier for users and also for financial institutions to keep a track on the same.

# data[].attributes.headline
How to Redeem Kotak Mahindra Bank Credit Card Rewards?

# data[].attributes.subject
How to Redeem Kotak Mahindra Bank Credit Card Rewards?

# data[].attributes.body
Kotak Mahindra Bank Credit Cards offer tons of benefits and rewards to their users. Collecting reward points is exciting and so is redeeming them, but how?

# data[].attributes.attachment_link.readable_text
Kotak Mahindra Bank is a prime credit card issuer in the market that gives tough competition to the others present in the market. Credit cards by Kotak Mahindra Bank provide some exclusive benefits and rewards to cardholders. Not just reward points, but with a few credit cards, the cardholders are eligible to get cashback as well. The reward points are one of the main reasons why people use a credit card but these points will be of no use if the cardholders do not know the right time and method to redeem these credit card reward points. Now, these credit card points can be redeemed against various options such as products, gift vouchers, etc.

This bank offers generic, cashback, and co-branded credit cards, and the reward structure of each credit card is very different from the other. Hence, with so many different types of rewards, it sometimes becomes difficult for cardholders to understand the appropriate method and time for the redemption of credit card rewards. Also, the monetary value of the reward points is different for different credit cards. A cardholder should be well aware of all the available options to redeem these points. For example, in the case of co-branded credit cards, the cardholders get brand-specific reward points that can be redeemed to make purchases from that particular brand only. Some credit cards allow cardholders to redeem reward points against a credit card's statement balance while others don't. Therefore, with so many options available, it becomes very confusing for credit cardholders how should they redeem their credit card points. In this article, we will discuss in detail and help you understand how and where to redeem Kotak Mahindra Bank Credit Card Reward Points.

How to Redeem Reward Points?

Kotak Mahindra Bank has a dedicated rewards redemption portal which is known as Kotak Rewards. This is the place where Kotak Mahindra Bank Credit Cardholders can smoothly redeem their credit card reward points. Credit cardholders get various options to redeem their reward points. These options include shopping, travel, gift vouchers, movie bookings, recharges, etc. But for the purpose of redemption, the monetary value of reward points against different categories would be different.

Kotak Mahindra Bank allows credit cardholders to earn generous reward points while they continue to shop using their credit cards. These reward points can be redeemed against various options such as products, vouchers, etc present on the Kotak Rewards website. There are several co-branded credit cards well for which you receive brand-specific reward points and then can be redeemed to purchase products or services of that particular brand only. Following are the various options against which the Kotak Mahindra Bank Credit Card Reward Points can be redeemed -

The reward points earned with the credit cards can be redeemed against flights, hotel bookings, recharges, and various products on the dedicated website i.e., www.kotakrewards.com.

Another method of redemption is Pay with Rewards. The reward points can be converted into currency at merchant outlets when you shop with your Kotak Credit Card.

The reward points earned with the Kotak Mahindra Bank co-branded credit cards can be redeemed against purchases from the specific brand.

General Kotak Mahindra Bank Credit Cards

Kotak Mahindra Bank issues various credit cards starting from basic to super-premium credit cards. The Kotak 811 Credit Card, Kotak Urbane Gold Credit Card, Kotak Royale Signature Credit Card, Kotak League Platinum Credit Card, etc are some of the most popular credit cards by Kotak Mahindra Bank and the redemption procedure of these credit cards is quite similar to each other. You can follow the below-mentioned steps to redeem the reward points earned with the general Kotak Mahindra Rewards Credit Card -

For online redemption

The reward points that the cardholder has earned can be redeemed by logging in to www.kotakrewards.com.

From the variety of options available on the website, i.e., gift vouchers, products, recharges, booking flights and hotels, etc, choose the option against which you would like to redeem your reward points.

Proceed to check out once you have selected all the items and vouchers you want to purchase.

Now you will have to enter all the required details including the details of your credit card and press the redeem button.

The cardholders will hence receive an e-mail and a text message on their registered email id and mobile number with the confirmation of redemption.

For the purpose of redemption, (except for Kotak Royale Signature Credit Card), 1 Reward Point = Rs. 0.25

In the case of Kotak Royale Signature Credit Card, 1 Reward Point = Rs. 0.1875

Using PayByPoints Method

Another option to redeem the reward points is to PayByPoints. With this feature, the reward points are converted into currency at merchant outlets when you shop using your Kotak Mahindra Bank Credit Card. All you have to do is to shop for your favorite products and at the time of payment, request the cashier to redeem the reward points. You will have to pay the balance amount through cash or card. This method of redemption is applicable at partnered merchant outlets only.

Here, for the purpose of redemption, 1 Reward Point = Rs. 0.25.

Co-Branded Travel Credit Cards

Apart from offering general rewards credit cards, Kotak Mahindra Bank also offers co-branded travel credit cards namely, 6E Rewards XL-Indigo Kotak Bank Card and 6E Rewards-Indigo Kotak Credit Card. Kotak Mahindra Bank had partnered with Indigo Airlines to launch these credit cards in the market. The cardholders earn 6E Rewards while using these credit cards and can be redeemed for booking Indigo flights. The cardholders can follow the below-mentioned steps to redeem the 6E Reward Points-

Go to the official website of Indigo and log in to your account.

Go to the 'My Account Tab and select the 'Redeem Now' option.

Enter your destination, boarding point, and travel date and hit the search button.

From the options present on the screen, choose the one that best suits your requirements.

Select the payment method (Points+Pay) to complete the transaction.

For the purpose of redemption, 1 6E Reward Point = Re. 1 against Indigo bookings.

The credit cardholders will have to pay a redemption fee of Rs. 99 + GST per redemption request.

Co-Branded Movie Credit Cards

Just like a co-branded travel credit card, Kotak Mahindra Bank partnered with PVR and launch 2 movie credit cards, namely, PVR Kotak Platinum Credit Card and PVR Kotak Gold Credit Card. The cardholders will get free movie tickets with these credit cards upon spending a specific amount through these credit cards in a month. You can redeem these free tickets in the following 2 ways -

To claim the coupon code for free PVR movie tickets, the cardholders will have to send an SMS PVRKCC space first three letters of the month, for example, if the customer is claiming tickets for the month of August, he will have to send an SMS PVRKCC AUG, to 5676788 from your registered mobile number.

These coupons can also be claimed through net banking by following the steps mentioned below -

- Visit the official website of Kotak Mahindra Bank.
- Login to your net banking account using your username and password.
- Go to the 'Credit Cards' section.
- Select the option 'PVR Coupon Claim' and claim your coupon code for free movie tickets.

Kotak Mahindra Bank White Credit Cards

Kotak White Reserve Credit Card and Kotak White Credit Card are the 2 credit cards by Kotak Mahindra Bank whose reward structure is quite different from the existing rewards structure. With these credit cards, the cardholders will get reward points in the form of White Pass Value once they start achieving the spend-based milestone. For example, with Kotak White Credit Card, the cardholders will not earn any White Pass Value if they spend any amount less than Rs. 2 Lakhs using their credit card. They will start earning White Pass Value once they cross the spending milestone of Rs. 2 Lakhs. Similarly, with Kotak White Reserve Credit Card, the credit cardholders will start earning White Pass Value once they cross the spending milestone of Rs. 3 Lakhs.

For the purpose of redemption of White Pass Value, Kotak Mahindra Bank has a different dedicated portal which is www.kotakbankwhite.com. The White Pass Value can be redeemed only on this portal. This value can be redeemed against an array of products which includes Gift vouchers for premium brands, Flights, Hotels, Philanthropy, and Curated travel expeditions by National Geographic. Moreover, the White Pass Value can also be redeemed for cash. All you have to do is follow the steps given below -

Visit the official website www.kotakbankwhite.com

Login to the website using your registered mobile number and authenticate it with OTP and the last 4 digits of your White Reserve Credit Card.

From the website, select the options that you would like to redeem your White Pass Value against and keep adding them to your cart.

Once done, proceed to check out and pay any outstanding balance using your White Credit Card.

Monterey Value of the White Pass -

If the White Pass Value is redeemed against the products present on the website, then 1 White Pass Value = Re. 1

If the cardholder redeems the White Pass Value for cashback, then 1 White Pass Value = Rs. 0.70

Note: The Reward Points that you earn with the Kotak Mahindra Bank Credit Cards are valid for a period of 2 years from the date of accrual. You must make sure to redeem them within the stipulated time period if you wish to gain benefit from them.

Bottom Line

Kotak Mahindra Bank offers a plethora of credit cards ranging from basic and entry-level credit cards to super-premium credit cards offering unmatched rewards and benefits to the card members. A credit cardholder should not only have concerns about earning reward points but should also have knowledge on how and when to redeem credit card points to gain maximum benefit from a credit card. Kotak Mahindra Bank has a dedicated separate portal named www.kotakrewards.com, wherein the cardholders can redeem the reward points against a wide range of products and vouchers that they have earned while making regular use of credit cards. Another method of redeeming reward points is by the PayByPoints method where the cardholders can use the reward points to pay at the partnered merchant outlets. The reward points earned with the co-branded travel credit cards can be redeemed against the brand-specific products only.

Also, the White Credit Cards by Kotak Mahindra Bank reward you with White Pass Value that can be redeemed on the dedicated www.kotakbankwhite.com against the products available on the website and also against cash. The monetary value of the reward points differs from card to card. Therefore, to gain the maximum benefit from credit cards, the cardholders should redeem the reward points after thoughtfully researching their monetary values. Furthermore, the credit cardholders should also know that these reward points come with an expiry date and the cardholders should redeem them before they expire.

If you have any kind of confusion related to this process, please feel free to ask us in the comment section below!

# data[].attributes.attachment_link.title
How to Redeem Kotak Mahindra Bank Credit Card Rewards

# data[].attributes.attachment_link.description
Kotak Mahindra Bank is a prime credit card issuer in the market that gives tough competition to the others present in the market. Credit cards by Kotak Mahindra Bank provide some exclusive benefits and rewards to cardholders. Not just reward points, but with a few credit cards, the cardholders are eligible to get cashback as well.

# data[].attributes.body
Movie Season is here. Get the best credit cards that earn you rewards while you watch your favorite blockbuster or dine in at your favorite restaurants.

# data[].attributes.attachment_link.readable_text
With hundreds of credit cards all providing different types of benefits, it becomes a bit challenging for individuals to choose a card according to their requirements. Some people love to travel, some love shopping, and others love to go to the movies. Card issuers also keep all these segments of individuals in mind and hence offer various credit cards best suited in different categories. However, there are some premium cards that provide you with exclusive benefits over all the categories, but these cards generally come with a high annual fee and hence not everyone prefers them. So, it becomes essential to be aware of premium as well as credit cards that offer exclusive privileges over the categories where you spend the most.

If you are someone who loves to go to movies and who dines out frequently, you might also be finding a credit card that rewards you amazingly on your dining & movie spends. We are here with this article to help you out with the same. You can find the list of best credit cards for dining and movies in 2022 further in this article. You can go through the features and benefits of all these cards and go for the one that suits you the best.

Best Credit Cards For Movies

When talking about credit cards with great movie benefits, we can find a few premium as well as basic credit cards from different card issuers in India. You can find the list of different credit cards for movies in India below in this article:

Premium Credit Cards With Movie Benefits

Following are some of the premium credit cards that provide exciting movie benefits, such as complimentary movie tickets, buy 1 get 1 free offer, discount on movies, etc.

ICICI Emeralde Credit Card
Annual Fee: Rs. 12,000The ICICI Bank Emeralde Credit Card is the most premium card issued by the ICICI Bank. It comes with exclusive benefits over several categories. Following are the movie benefits provided by this card:
- Up to Rs. 750 on second movie/event ticket on booking a minimum of two movie tickets on BookMyShow. The discount can be availed for a maximum of 4 movie tickets per month.
- No cancellation charges on canceling movie tickets.

ICICI Sapphiro Credit Card
Annual Fee: Rs. 3,500
The ICICI Sapphiro Credit Card is also among the most popular premium cards issued by the ICICI Bank. Along with offering exciting benefits over different categories including rewards, travel, etc, it offers great movie benefits which are as follows:
- Up to Rs. 500 on second movie/event ticket on booking a minimum of two movie tickets on BookMyShow. The discount can be availed for a maximum of 2 movie tickets per month.

ICICI Rubyx Credit Card
Annual Fee: Rs. 2,000
The ICICI Rubyx Credit Card is one of the most desired credit cards offered by ICICI Bank as it is a quite affordable credit card with various advantages. Talking about its movie benefits, it offers the following of them:
- 25% discount up to Rs. 150 on movie ticket bookings on BookMyShow & Inox two times per month on each.

Axis Bank Magnus Credit CardAnnual Fee: Rs. 10,000
The Magnus Credit Card issued by the Axis Bank is among the most popular credit cards in India. The movie benefits provided by this card are as mentioned below:
- Buy 1 get 1 Free offer on movie tickets on BookMyShow 5 times every month with the maximum benefit capped at Rs. 500 per transaction.

Axis Bank Reserve Credit CardAnnual Fee: Rs. 50,000
With another premium credit card from Axis Bank, which is the Axis Bank Reserve Credit Card, you get the following benefits in the entertainment category:
- Buy 1 Get 1 Free offer on movie ticket bookings through BookMyShow with the maximum benefit capped at Rs. 500 per ticket.

Axis Bank Select Credit Card
Annual Fee: Rs. 3,000
The Axis Select Credit Card is a premium card that comes with great benefits and charges quite an affordable annual fee. The following are the movie benefits offered by this credit card:
- Buy 1 Get 1 Free offer on movie tickets on BookMyShow once every month with the maximum benefit capped at Rs. 300 per transaction.

SBI Card Elite
Annual Fee: Rs. 4,999
The Elite Credit Card is one of the most premium cards issued by the SBI Card. It offers world-class privileges across different categories, including travel, movies, dining, and many more. Following are the movie benefits offered by this card:
- You get complimentary / discounted movie tickets every month on booking at least 2 movie tickets. The discount is capped at Rs. 250 per ticket.

IndusInd Crest Credit CardAnnual Fee: Rs. 2,00,000
The Crest Credit Card issued by the IndusInd Bank is a super premium card that comes with exclusive world-class privileges over different categories. Following are the movie benefits of this card:
- Get up to 3 complimentary movie tickets every month under the Buy 1 Get 1 Free offer with the maximum benefits capped at Rs. 700 per ticket.

Basic Credit Cards With Movie Benefits

ICICI Carbon Credit Card
Annual Fee: Nil (Joining Fee - Rs. 1,000)
The ICICI Carbon Credit Card is a basic card with no annual fee that comes with decent benefits over different categories. Following are the movie benefits offered by the Carbon Credit Card:
- Buy 1 Get 1 Free offer on movie tickets on weekends once every month with the maximum benefit capped at Rs. 300 per transaction.

Axis Bank My Zone Credit Card
Annual Fee: Rs. 500
The Axis Bank My Zone Credit Card is a basic but one of the most popular cards offered by the Axis Bank. With a nominal annual fee, it provides great entertainment benefits which are as follows:
- Buy 1 Get 1 Free offer on movie tickets once every month with the maximum benefit capped at Rs. 200 per transaction.

IDFC First Select Credit CardAnnual Fee: Nil
The IDFC First Bank offers some zero annual fee credit cards with the greatest benefits and one such card is the IDFC First Select Credit Card. The movie benefits offered by this credit card are as follows:
- Buy 1 Get 1 Free offer on movie ticket bookings twice every month via Paytm app with the maximum benefit capped at Rs. 250 per ticket.

RBL Popcorn Credit Card
Annual Fee: Rs. 1,000
The RBL Popcorn Credit Card is especially targeted at movie lovers and hence comes with great benefits in the entertainment category. The following are the movie benefits offered by this card:
- 4 complimentary movie tickets worth Rs. 250 each on BookMyShow as a welcome benefit.
- Get 2 free movie tickets every month by spending Rs. 5k or more in the previous month.

PVR Kotak Platinum Credit Card
Annual Fee: Nil
The PVR Kotak Platinum Credit Card is a co-branded card issued by the Kotak Bank in partnership with PVR Cinemas and is best suited for movies. With this card, you get the following movie benefits:
- 5% discount on PVR Cinema ticket bookings.
- 2 free PVR tickets every month on spending Rs. 10,000 or more in the previous month.

Standard Chartered DigiSmart Credit CardAnnual Fee: Rs. 49 per month
The DigiSmart Credit Card is a basic card issued by the Standard Chartered Bank that comes with an affordable membership fee and decent benefits. Following are the movie privileges of this card:
- Buy 1 Get 1 Free offer on INOX twice every month with the maximum benefit capped at Rs. 200 per ticket.

Also check: Best Credit cards for online shopping.

Best Credit Cards For Dining

Almost all the major card issuers offer basic dining benefits with all their credit cards. For example, you get a minimum of 15% discount on dining with all ICICI Bank Credit Cards, up to 20% discount on dining with all the Axis Bank Credit Cards, and so on. But, the following is a list of credit cards that offer exclusive additional benefits on dining:

HDFC Infinia Credit CardAnnual Fee: Rs. 12,500
With the most premium HDFC Bank Card, HDFC Infinia Credit Card, you can avail of the following dining benefits:
- Complimentary Club Marriott membership with up to 20% on dining at several participating restaurants.
- Complimentary Dineout Passport membership for the first year.
- 1+1 buffet at ITC hotels on weekends.

HDFC Bank Diners Club Black Credit CardAnnual Fee: Rs. 10,000
The HDFC Diners Club Black Card provides you with several benefits over different categories, including dining. Following are the dining benefits offered by this card:
- Accelerated (2x) Reward Points on dining.
- Complimentary Club Marriott and Zomato Pro memberships.

HDFC Bank Regalia Credit Card
Annual Fee: Rs. 2,500
HDFC Regalia Credit Card is a premium as well as a popular credit card issued by the bank that is considered a great choice for frequent travelers, but it also provides some exclusive dining privileges, which are as follows:
- Complimentary Dineout Passport membership on spending Rs. 750,000 or more.
- 1+1 buffet at over 2,000 premium restaurants.

AmEx Platinum Credit Card
Annual Fee: Rs. 60,000
The AmEx Platinum Credit Card is also among the best credit cards in India and is the most premium offering by the bank. Talking about its dining benefits, it provides the following of them:
- Complimentary EazyDiner Prime membership.
- Up to 50% discount at more than 1,800 premium restaurants across India.

IndusInd Bank Celesta Credit Card
Annual Fee: Rs. 50,000
With the Celesta Credit Card issued by the IndusInd Bank, you get the following dining benefits:
- Complimentary Dineout Passport membership with up to 25% discount across several restaurants.
- Flat Rs. 3,000 off on dining two times every year.

RBL Bank Edition Credit Card
Annual Fee: Rs. 1,499
In partnership with Zomato, the RBL bank offers the Edition Credit Card that comes with great dining privileges as mentioned below:
- Complimentary Zomato pro membership
- Accelerated Reward Points on dining (up to 10x Points).

Other than all these cards, you can check the Axis Bank Magnus, IndusInd Bank Celesta, IndusInd Bank Crest, IndusInd Explorer, RBL Bank Edition Classic Card, etc for dining benefits.

Conclusion

We hope that this article will help you find the best-suited card for you if you love watching movies or dining out frequently. If you are someone with a high income and a good credit score, you should check for the premium cards out of the cards mentioned above so that you can avail of great benefit not only on movie & dining but across all the categories. However, if you are having a low annual income or an average credit score, you should start with a basic card and switch to a premium once you build a good credit history. With all these cards, you can save thousands every year on your movie/dining spends, which is not at all a bad deal. So, if movies & dining are the categories where you spend a lot, you should definitely get one of the above credit cards after analyzing your requirements and spending behavior. In case of any further doubts regarding any of these cards, you can freely ask us in the comment section below!

# data[].attributes.attachment_link.title
Best Credit Cards For Dining and Movies In 2022

# data[].attributes.attachment_link.description
With hundreds of credit cards all providing different types of benefits, it becomes a bit challenging for individuals to choose a card according to their requirements. Some people love to travel, some love shopping, and others love to go to the movies.

# data[].attributes.body
Confused about how to redeem your ICICI Bank Credit Card rewards? Check out this article to help you out!

# data[].attributes.attachment_link.readable_text
Like other major card issuers including HDFC Bank, SBI Card, etc., the ICICI Bank also offers various credit cards targeted at different segments of individuals. Different cards reward you in different ways and that is why the reward earning and redemption process becomes confusing for individuals sometimes. Some ICICI Credit Cards offer you cashback, others offer ICICI Reward Points, Hand-picked Rewards, or intermiles. Moreover, the redemption process also varies with the different types of rewards you earn. Redeeming rewards is generally the easiest in the case of cash back cards as it is automatically credited to your account, but the earned cashback might not be used anywhere. In order to maximize the benefits of your card, it is essential for you to understand how to redeem ICICI Credit Card Reward Points in the right manner. We will help you understand the same in this article:

ICICI Credit Cards Reward Redemption - Know Their Value in Rupees

Talking about co-branded travel credit cards, different cards earn you different types of Airmiles or points that can be redeemed only against selected brands while some cards allow you to redeem your earned points against anything you want. The value of points or miles may also vary for redemption against different categories, and in order to gain maximum benefit, you should be aware of the category where the value of your earned Reward Points will be the maximum. To understand the reward programs offered by different ICICI Bank credit cards and their redemption process, keep reading further!

ICICI Bank Cashback Credit Cards

ICICI Bank offers some popular cashback credit cards and the redemption process in these cards is the easiest as the cashback is automatically credited to your account in most cases. However, some of the cards allow you to redeem your earned cash back anywhere you want while others allow you to redeem the cashback only at selected merchants/categories. Following are the cashback cards offered by the ICICI Bank and options to redeem your earned cashback:

Amazon Pay ICICI Credit Card

With the Amazon Pay ICICI Credit Card, you earn upto 5% cashback on your spends. This cashback is automatically added to your Amazon Pay balance and can be used to make purchases on Amazon, mobile/DTH recharge, scan & pay at any merchant accepting Amazon Pay, credit card bills, and a lot of other options available at Amazon Pay. Just make sure that your Amazon account is linked to the mobile number that is registered with your Amazon Pay ICICI Credit Card. To check & redeem your earned cash back, you can follow these simple steps:

- Open the Amazon website/mobile app on your mobile.
- Log in to your account.
- Click on the menu at the bottom rightmost corner of your screen.
- Choose the option 'Amazon Pay.'
- You can see your 'Amazon Pay Balance' and all the options to redeem it on your screen.
- Select the appropriate category for redemption and proceed further accordingly.

ICICI Bank Mine Credit Card

The ICICI bank Mine Credit Card doesn't earn you cashback directly, but it rewards you in the form of Mine Cash, which can be redeemed against cashback on request. For redemption against statement balance, 1 Mine Cash = Re. 1. The cardholders can contact the ICICI Bank customer care via call on 1860 120 7777. But, you should keep in mind that you can redeem the Mine Cash against cash only if you have earned a minimum of 1,500 Mine Cash points.

ICICI Bank Rewards Credit Cards

Cards Offering ICICI Reward Points

Most of the ICICI Bank Credit Cards, including some basic as well as premium cards, offer Reward Points on all transactions. Earlier, these cards used to offer Payback Points under the Payback Rewards Program, but now the bank's partnership with Payback has ended and the card issuer has launched its own ICICI Rewards Program. The following is a list of ICICI Credit Cards offering Reward Points:

Credit Card

Reward Points

ICICI Bank Emeralde Credit Card

ICICI Bank Rubyx Credit Card

Up to 4 Reward Points on every spend of Rs. 100.

ICICI Bank Sapphiro Credit Card

ICICI Bank Diamant Credit Card

Up to 6 Reward Points on every spend of Rs. 100.

ICICI Bank Expressions Credit Card

ICICI Bank Expressions Credit Card

ICICI Bank Coral Credit Card

ICICI Bank HPCL Platinum Credit Card

ICICI Bank Ferrari Signature Credit Card

ICICI Bank Platinum Chip Credit Card

Accelero ICICI Bank Credit Card

Up to 3 Reward Points on every spend of Rs. 100.

Up to 5 Reward Points on every spend of Rs. 100.

Up to 2 Reward Points on every spend of Rs. 100.

The ICICI Reward Points you earn using these cards can be redeemed against several options including cash back, shopping, gifts, travel bookings, and many more. The value of 1 Reward Point = Re. 0.25. The redemption of your earned rewards can be done as follows:

For redemption of your earned Reward Points against cash, make a call on 080-40146444. The equivalent cash will be credited into your account within 7 days from the redemption request.

For redemption of your earned points against gifts, call on 1860-258-5000. The gift of your choice will be sent to you within 10 working days.

Cards Offering Hand-Picked Rewards

Other than the ICICI Credit Cards that offer Reward Points, some cards also offer you Hand-Picked Rewards on all your spends. The cards offering hand-picked rewards include ICICI Bank Visa Signature Credit Card, ICICI Bank Platinum Identity Credit Card, ICICI Bank Rubyx Visa, Sapphiro Visa, and Coral Visa Credit Card. The hand-picked Rewards you earn using these cards can be redeemed by logging in to your net banking account or via the ICICI Bank's Hand Picked Rewards page. 1 Hand Picked Reward = Re. 0.6 (approx). However, the value of these Rewards may vary for different products.

ICICI Bank Co-Branded Travel Credit Cards

InterMiles ICICI Bank Credit Cards

ICICI Bank offers three credit cards in partnership with intermiles.com, which are: Intermiles ICICI Bank Sapphiro, Intermiles ICICI Bank Rubyx, and Intermiles ICICI Bank Coral Credit Card. All these cards reward you in the form of intermiles, which can be redeemed against a wide range of products and categories from the intermiles website. The following are the steps you will have to follow in order to redeem intermiles earned through ICICI Cards:

Visit the ICICI Bank's official website and log in using the mobile number registered with your Intermiles ICICI Credit Card.

Find and choose the option 'Redeem Intermiles.'

You will see a lot of options, including Flights, hotels, fuel, dining, gift vouchers, products, and many more.

Select the option of your choice and proceed further to redeem your earned intermiles.

The value of intermiles may vary for redemption against different categories. For redemption against fuel, 1 intermile = Re. 0.25, for vouchers, 1 intermile = up to Re. 0.5 and so on.

MakeMyTrip ICICI Bank Credit Cards

In partnership with MakeMyTrip, the ICICI Bank offers two credit cards, which are MakeMyTrip ICICI Bank Signature & MakeMyTrip ICICI Bank Platinum Credit Card. Both the cards reward you in the form of My Cash, which is automatically credited to the MyWallet of the cardholder. The earned My Cash can be redeemed against travel-related bookings from MakeMyTrip app/mobile app, where 1 My Cash = Re. 1.

Also Check: SBI Credit Card Reward Points Redemption

Bottom Line

Now, you might have understood how to redeem ICICI Credit Card Reward Points. Before redeeming your earned Rewards, you must be aware of the monetary value of your points/miles for redemption against different categories, so that you can redeem against an option that earns you the maximum benefit. We hope that this article was helpful for you to understand the redemption process of your ICICI Credit Card. If you have any further doubts regarding the topic, you can freely ask us in the comment section below!

# data[].attributes.attachment_link.title
How To Redeem ICICI Credit Card Reward Points?

# data[].attributes.attachment_link.description
Like other major card issuers including HDFC Bank, SBI Card, etc., the ICICI Bank also offers various credit cards targeted at different segments of individuals. Different cards reward you in different ways and that is why the reward earning and redemption process becomes confusing for individuals sometimes.

# data[].attributes.body
Know the difference between Credit Cards and Charged Cards.

# data[].attributes.attachment_link.readable_text
These days, almost everyone is aware of credit cards and their functions, but not of 'Charge Cards. Even if you have heard the term, you might have some confusion about how it is different from a credit card. Credit Card has become an essential financial tool in everyone's life, whereas, charge cards are still lesser-known and are used by only a few percentage of people. Many people use the term 'Credit Card' for 'Charge Cards' and vice versa as they consider both as the same thing.

But, there are a lot of differences between the two. A Credit Card is much more convenient to use as it provides the cardholders with an option to pay their bills in parts or in full as per their comfort, but the charge cards don't come with any such option as the bill is to be paid in full every time. It can also be taken as an advantage as some users use a charge card more responsibly than they use a credit card, but that is the case always.

Apart from this, there are several factors that make a credit card different from a charge card. In this article, we will discuss what both types of cards are and what are some major differences between them. Keep reading for further information:

What is a Credit Card?

A Credit Card is a type of card that can be used to make purchases for which an individual can pay later. There are lots of major credit card issuers in India that offer several credit cards in different categories like travel, rewards, shopping, and many more. Different credit cards may have different features and charges, but the functioning of all credit cards is almost the same. The cardholders are provided with a credit limit which can be defined as the maximum amount that one can spend in a Billing cycle using a credit card. One billing cycle is generally equal to one month and it can be defined as the time period between two billing statement generation dates.

A billing cycle starts the day when you receive your credit card from the card issuer and ends after almost 30 days and then your bill is generated. This bill needs to be paid within 15-20 days after the date of bill generation and this period of 15-20 days which is given to the cardholders to pay their bills is known as a Grace period. The last day of the grace period is known as the payment due date, i.e, the date by which the credit card bill needs to be paid. The cardholders can either pay the minimum due amount (which is around 5% of the total bill) or the total outstanding amount as per their convenience. By paying the minimum due amount, one can avoid late payment charges, but the interest starts accruing on the rest of the amount. However, if someone is paying the credit card bill in full, he/she can avoid interest as well.

What is a Charge Card?

Charge Cards are also similar to credit cards in terms of borrowing as you borrow money from the card issuer. But, there is no pre-set maximum limit on the amount that can be spent in a particular month, i.e, you can spend any amount that you need. But, the story doesn't end here. Charge Cards don't provide you with an option to pay a minimum due amount but you have to pay the full outstanding balance every month. So, even if you are spending Rs. 1 lakh in a month using a Charge Card, you will have to pay the whole amount on the billing date.

As charge cards need to be paid in full every month, there are no interest charges associated with them. But, yes, there is a late payment fee that is charged when a cardholder fails to make timely payments. Though the Charge Cards are not widely accepted in India, some people still prefer having them.

Difference Between a Credit Card and a Charge Card

Now, we have understood the definitions of credit cards and charge cards. Let us discuss the major differences between these two via the following table:

Credit Cards

Charge Cards

Credit Cards come with a pre-set credit limit.

The Credit Card bill can either be paid in full, or the cardholder can pay just the minimum amount.

Credit Cards charge an interest rate on the amount that is not paid by the payment due date.

Credit Cards are now accepted at all online as well as offline stores.

Charge cards don't come with a pre-set spending limit.

Charge Card bills need to be paid in full every month. There is no option like a minimum due amount.

There is no interest rate as the bill must be paid in full, but there are late payment charges.

Charge Cards are not widely accepted.

Bottom Line

Now, we hope that you have understood how charge cards are different from credit cards. Credit Cards have an upper hand here as these come with a pre-set spending limit so a cardholder can not overspend unnecessarily. Even spending the whole provided credit limit is not advisable in order to maintain a good score. Also, Credit Cards are much more acceptable compared to charge cards which have not yet gained much popularity in the markets. The only advantage of having a charge card is that you have to pay the bill in full each month so there are no interest charges. But at the same time, this can also be a disadvantage sometimes as there might be situations when you can not pay the whole bill at once.

# data[].attributes.attachment_link.title
Credit Card Vs Charge Card Card - What's The Difference?

# data[].attributes.attachment_link.description
These days, almost everyone is aware of credit cards and their functions, but not of 'Charge Cards. Even if you have heard the term, you might have some confusion about how it is different from a credit card.

# data[].attributes.body
Spend More and earn more with Reward Credit Cards. Redeem these rewards for various discounts and offers. Compare and apply today!

# data[].attributes.attachment_link.title
30+ Best Rewards Credit Cards India 2022 - Compare & Apply!

# data[].attributes.attachment_link.description
Best Rewards credit cards in India 2022 - Find the Top Rewards cards from popular issuers on Cardinsider. Compare Features, Benefits, Fees & Apply Online!

# data[].attributes.body
Citi Bank offers a variety of credit cards. Check out which card suits you the best and Apply Now!

# data[].attributes.attachment_link.title
Citibank Credit Cards - Check Benefits, Apply Online | Card Insider

# data[].attributes.attachment_link.description
Citibank Credit Cards - Check out the list of all the best popular Credit Cards offered by Citibank in India. Compare Features, Benefits & Apply Online!

# data[].attributes.body
SBI Cashback Credit Card is a new offering by SBI providing 5% Cashback on all transactions! Read more.

# data[].attributes.attachment_link.title
Cashback SBI Card - Check Features, Benefits, Eligibility & Apply

# data[].attributes.attachment_link.description
Know Cashback SBI Card Features here such as Welcome offers, cashback Benefits & more. Check & Apply for the credit card online!

# data[].attributes.body
SBI ELITE Credit Card is a premium credit card by SBI Card and comes with an annual membership fee of Rs. 4,999. Check Out Its Features and Benefits.

# data[].attributes.attachment_link.title
SBI ELITE Credit Card: Review, Benefits, E- Apply | Card Insider

# data[].attributes.attachment_link.description
SBI Elite Credit Card is a premium credit card offering a broad spectrum of benefits and privileges. Check its Review, Features, Rewards and Apply Online.

# data[].attributes.headline
HDFC Bank Diners Club Miles Credit Card 

# data[].attributes.subject
HDFC Bank Diners Club Miles Credit Card 

# data[].attributes.body
HDFC Bank Offers on of the best Credit Cards, The  Diners Club Miles card to earn AirMiles that are not only redeemable as regular reward points, but can also be used at various travel amenities to redeem discounts on flights, hotels, restaurants and More.

# data[].attributes.attachment_link.readable_text
HDFC Bank Diners Club Miles is a top-notch credit card with the best-in-class air miles program. Through the miles exchange program, points are redeemable for air miles at 1 RP = 1 Airmile. However, Airmiles are not the only option to redeem your reward points. You can redeem them against other categories, including flight/hotel bookings, products/vouchers, or cash back. The card is issued at a joining fee of Rs. 1,000 and offers 1,000 bonus reward points as a welcome benefit. The customers can also avail of 10X reward points on partner brands capped at Rs. 5,000 per month.

This credit card also provides complimentary airport lounge access at both international & domestic airports. You can also avail of exclusive discounts on dining at thousands of partner restaurants. More of the card's benefits include insurance covers, a spend-based waiver for the annual fee, a fuel surcharge waiver, etc. Have a look at this article to know more details.

Fees

Joining Fee

Rs. 1,000 (plus applicable taxes)

Renewal Fee

Rs. 1,000 (plus applicable taxes)

Reward Type

Reward Points

Welcome Benefits

1,000 Reward Points on settling the renewal membership fee.

HDFC Bank Diners Club Miles is offered at Rs. 1,000 + taxes.

Earn 1,000 Reward Points on paying the Annual Joining Fee.

Earn 4 Reward Points per Rs. 150 you retail spends and other purchases.

Get 15% discounts and offers on Fine Dining and restaurants.

Complimentary Airport Lounge access worldwide.

Concierge benefits to cater to all your travel needs.

Air Accidental Insurance worth Rs. 1 Crore.

Credit Liability protection up to Rs. 9 Lakhs.

1% Fuel Surcharge Waiver at all fuel stations in India.

Earn 1,000 bonus RPs on paying of annual fee.

HDFC Bank Diners Club Miles is a top-notch credit card with the best-in-class air miles program. Through the miles exchange program, points are redeemable for air miles at 1 RP = 1 Airmile. However, Airmiles are not the only option to redeem your reward points. You can redeem them against other categories, including flight/hotel bookings, products/vouchers, or cash back. The card is issued at a joining fee of Rs. 1,000 and offers 1,000 bonus reward points as a welcome benefit. The customers can also avail of 10X reward points on partner brands capped at Rs. 5,000 per month.

This credit card also provides complimentary airport lounge access at both international & domestic airports. You can also avail of exclusive discounts on dining at thousands of partner restaurants. More of the card's benefits include insurance covers, a spend-based waiver for the annual fee, a fuel surcharge waiver, etc. Have a look at this article to know more details.

HDFC Bank Diners Club Miles Welcome Benefits:

With HDFC Bank Diners Club Miles Credit Card, you earn 1,000 RPs as a welcome bonus, which will be credited once the Annual Membership fee is paid.

Rewards

You get 4 Reward Points per Rs. 150 spent.

10X Reward Points on partner brands via HDFC Bank Diners Club 10x rewards program. The 10X reward points are capped at a maximum of 5,000 points per month.

Reward Redemption

You can redeem your reward points for air miles with partners including InterMiles, Singapore Airlines, and Club Vistara.

These reward points are redeemable against an array of categories at the following rate:

1 Reward Point

Airmiles (1 air mile)

Cashback (Rs 0.20)

Smart Buy (Flights/ Hotels) Rs 0.50

Product catalogue (Gifts/Vouchers) Up to Rs 0.35

Dining:

With HDFC Bank Diners Club Miles Credit Card, you can avail a discount of 15% and around 1,400 other offers and privileges at some of the finest restaurants across the globe.

Travel Benefits

Get 6 complimentary Airport Lounge access per year to 25+ domestic lounges and 700+ lounges worldwide.

Insurance Benefits:

Avail complimentary insurance benefits with the HDFC Bank Diners Club Miles Credit Card. Following are the covers provided:

Insurance Covers

Insured Value

Air accident cover

Rs 1 Crore

Emergency medical expenses cover

Up to Rs.25 lakh

Travel Insurance cover

In case of loss or delay of luggage Up to Rs.50,000.

Credit liability coverage

Rs.9 Lakhs

Renewal Benefits

HDFC Bank Diners Club Miles Credit Card provides you with 1,000 RPs as an annual bonus when you settle renewal fees.

However, the bonus is not applicable if you have claimed a waiver on the annual fee by spending Rs. 1 lakh.

Fuel Surcharge Waiver

Get a 1% waiver on fuel surcharge applicable on all fuel transactions between Rs. 400 and Rs. 5,000 at all fuel stations in India.

Eligibility criteria for HDFC Bank Diners Club Miles Credit Card

The HDFC Bank Diners Club Miles Credit Card holds some basic eligibility criteria that has to be fulfilled:

The applicant should be a resident of India and must be between 21-65 years of age.

The credit score or credit history should be Preferably above 700.

Criteria

Salaried Class

Self Employed

Age

21-60

21-65

Income

Rs 3,60,000 P.A

Rs 3,60,000 P.A

How to Apply for an HDFC Bank Diners Club Miles Credit Card?
To apply for an HDFC Bank Diners Club Miles Credit Card, click the Apply Now button on the right-hand side of the page.
Documents Needed:

Keep the following documents handy for a fast application process.

Proof of Address- Driving License, Aadhar Card, Voter ID Card, Passport, etc.

Proof of Identity- Voter ID Card, PAN Card, Aadhar Card, Driving License, etc.

Proof of Income- Latest salary slips (for salaried persons) or Bank statements for the last 3 months. ITR or Form 16 as proof are also acceptable.

HDFC Diners Club Miles Credit Card Review

The HDFC Bank Diners Club Miles card is a high-end card issued in partnership with Diners Club. It boasts several top-notch benefits and features, including exciting welcome bonuses that give a great start to your card journey and the ability to earn bonus RPs every year upon card renewal. One of its most impressive features is complimentary lounge access. Additionally, the card offers insurance coverage, fuel surcharge waivers, renewal fee waivers, and other benefits that cannot be overlooked. These facilities add to the overall appeal of this exceptional credit card, making it a great choice for anyone looking for a hassle-free and rewarding experience.

FAQs:

Yes, you get a complimentary Air Accidental protection worth Rs 1 crore with this card.

Travel Insurance covers Loss off or Delay in luggage.

You can access over more than 1000 airport lounges around the globe using this card.

The validity period of the accrued reward points is 2 years after which they get expired.

# data[].attributes.attachment_link.title
HDFC Diners Club Miles Credit Card - Review and Apply Online

# data[].attributes.attachment_link.description
HDFC Diners Club Miles Credit Card is a premium card that gets you best-in-class air miles program. Check out reviews and Apply Online Today!

# data[].attributes.headline
Checkout the best credit cards in India and and choose the one that suits your needs the best.

# data[].attributes.subject
Checkout the best credit cards in India and and choose the one that suits your needs the best.

# data[].attributes.attachment_link.title
15 Best Credit Cards in India 2024 Compare & Apply Now

# data[].attributes.attachment_link.description
Check out the best credit cards in India for 2024 under various spends categories with Card Insider. Compare popular credit cards from HDFC, SBI & Axis Bank.

# data[].attributes.headline
HDFC Bank Moneyback Plus Credit Card vs HDFC Bank Millennia Credit Card

# data[].attributes.subject
HDFC Bank Moneyback Plus Credit Card vs HDFC Bank Millennia Credit Card

# data[].attributes.body
HDFC Bank Moneyback Plus Credit Card and HDFC Bank Millennia Credit Card are mid-level credit cards that provide you with cashback in the form of CashPoints on every purchase made through these cards. Read More!

# data[].attributes.attachment_link.title
HDFC Moneyback Plus Credit Card Vs Millennia Card

# data[].attributes.attachment_link.description
HDFC moneyback plus Vs Millennia card - Here we have come up with a quick comparison between these two famous credit cards by HDFC bank.

# data[].attributes.headline
Know About How To Redeem Your IDFC FIRST Bank Credit Card Reward Points

# data[].attributes.subject
Know About How To Redeem Your IDFC FIRST Bank Credit Card Reward Points

# data[].attributes.attachment_link.readable_text
IDFC First Bank has recently entered the field of banking. This happened after IDFC Bank and Capital First merged with each other and together formed the IDFC FIRST Bank Limited. Soon after entering the banking sector and to give tough competition to the already existing players in the market, IDFC FIRST Bank launched its credit cards which offer exclusive features and benefits to the cardholders with minimum charges. This bank issues credit cards starting from high-end to basic credit cards. The bank has launched 4 credit cards and all the credit cards do not charge any membership fee from the customers. With these credit cards, the cardholders can earn generous reward points while they make regular spends using their credit cards.

But on the other hand, a cardholder should not just be concerned with earning reward points but should also know how to redeem them to gain maximum benefits from a credit card. In today's time, there are multiple ways in which credit card reward points can be redeemed hence, it becomes difficult for a credit cardholder to opt for the correct and appropriate method of redemption. In addition to the different methods of redemption, the monetary value of the reward points differs from card to card. Hence, if a credit cardholder wants to gain the maximum advantage, the cardholder should have in-depth knowledge of all the redemption methods and monetary values of the reward points. Hence, by the end of this article, we will make sure that you are well aware of the redemption methods and their procedures so that you can redeem your reward points smoothly.

How To Earn IDFC FIRST Bank Credit Card Reward Points

Your account will get credited with reward points for each and every purchase that you make using a credit card. The reward points might vary from card to card and also on the basis of the amount that you spend using these cards. Therefore, to earn maximum reward points, you should first analyze your spending pattern and then get a credit card. The reward structure of the IDFC FIRST Bank Credit Cards is explained in the table below -

How to redeem IDFC FIRST Bank Credit Card Points?

IDFC FIRST Bank has dedicated a rewards portal for the redemption of reward points known as the Poshvine Reward Portal. When a credit cardholder has accumulated decent reward points in his account, he can easily redeem them on the Poshvine Reward Portal. Generally, the IDFC FIRST Bank Credit Card Points do not have an expiry date but even then still the cardholders should go through the terms and conditions page on the bank's website to have a clear knowledge once before initiating the redemption process.

The points so earned can be redeemed in 2 different ways - Through Online mode or Through Offline mode.

Online Mode

Redeeming the reward points through online mode is the most easiest and smooth way of redeeming reward points. The points can be redeemed anywhere and at anytime. You can follow the below-mentioned steps to redeem the reward points -

Visit the official page of the Poshvine Reward Portal.

Login to the portal using your registered id and password.

Once you have arrived on the home page, click on the 'Redeem Points' option.

From a vast variety of products and vouchers available on the website, select the vouchers of the stores where you would like to redeem your reward points.

Start adding the vouchers to the cart.

Punch in the number of reward points you would like to use against the vouchers.

Now proceed to 'Checkout'

Mark a tick on the box mentioned against the 'Terms and Conditions' and click on 'Redeem' to complete your purchase.

For the purpose of redemption, 1 Reward Point = Rs. 0.25

Once your redemption order is confirmed, the cardholder will receive the vouchers on the mobile number and e-mail id that is registered with the bank.

Offline Mode

For the applicants who do not use net banking or mobile application, the cardholders can redeem the reward points through offline mode as well. You can download the Reward Redemption Form from the IDFC FIRST Bank's website. Take a printout of it and fill in all the required details. Finally, mention your name and date on the form and put your signature on the form. You can now post the filled form at the address mentioned on the form itself.

Additionally, you can also call on the customer care number mentioned on the backside of the credit card number and ask the executive to guide you regarding the redemption process.

Things to remember

The reward points that the cardholders earn with the IDFC FIRST Bank Credit Card keep accumulating as and when you make transactions using your credit card. As in the case of other credit cards, the reward points earned with IDFC FIRST Bank Credit Cards do not expire. They keep on adding to your account and you can redeem them whenever you feel like redeeming them.

Secondly, the cardholders will not have to pay any redemption fee whenever they redeem the credit card points against products and vouchers.

Bottom Line

IDFC FIRST Bank offers generous reward points to the credit cardholders while the cardholders continue to spend using their credit card. The cardholders can earn higher reward points while they spend above a specific amount through their credit card. But a cardholder should not just be concerned about earning reward points but should also have knowledge of how to redeem those points. For this, IDFC FIRST Bank has dedicated a separate portal named Poshvine Reward Portal for redeeming the reward points. On this portal, the cardholders can redeem the reward points against products and vouchers present on the website. But the cardholders should properly research once before initiating the redemption process so that the credit cardholders gain the maximum benefit from the credit cards.

We hope that with this article, we have cleared all the doubts relating to IDFC FIRST Bank Credit Card Reward Redemption, but still, if you have any kind of confusion related to this process, please feel free to ask us in the comment section below!

# data[].attributes.attachment_link.title
How to Redeem IDFC FIRST Bank Credit Card Reward Points

# data[].attributes.attachment_link.description
IDFC First Bank has recently entered the field of banking. This happened after IDFC Bank and Capital First merged with each other and together formed the IDFC FIRST Bank Limited. Soon after entering the banking sector and to give tough competition to the already existing players in the market, IDFC FIRST Bank launched its credit cards which offer exclusive features and benefits to the cardholders with minimum charges.

# data[].attributes.headline
Travel Credit Cards With Best Welcome Bonus And Rewards

# data[].attributes.subject
Travel Credit Cards With Best Welcome Bonus And Rewards

# data[].attributes.attachment_link.readable_text
Travel credit cards are those cards that offer tailored for the needs of frequent flyers. These cards are often co-branded cards and are offered in collaboration with airline partners of the card issuers. Most card issuers including HDFC Bank, ICICI Bank, SBI Card, Axis Bank, etc. offer travel credit cards. Almost all travel credit cards in the premium segment and even in the mid-level segment offer additional bonuses to the cardholders at the time of joining the card membership. These benefits are known as welcome benefits or welcome bonuses. In this article, we shall see which travel credit cards offer the best welcome bonuses to the cardholders.

6E Rewards XL - IndiGo HDFC/Kotak Bank Credit Cards

Both HDFC Bank and Kotak Mahindra Bank offer cobranded credit cards in partnership with Go IndiGo- 2 IndiGo cobranded credit cards each. The 6E Rewards XL Credit Card is offered by both the banks and is the more premium of the two cards offered by the banks and comes with a membership fee of Rs. 2,500 per annum (plus GST).

Since these are IndiGo cobranded credit cards, you earn Reward Points as 6E Rewards- 20% 6E Rewards on IndiGo featured brands, 5% 6E Rewards on IndiGo spends, 3% 6E Rewards on dining, grocery and entertainment spends, 2% 6E Rewards on all other spends with the card. Apart from the 6E Rewards benefit, IndiGo 6E Rewards XL Credit Cards by HDFC and Kotak also offer add-on benefits such as 8 complimentary domestic airport lounge access, 12 golf lessons and 4 rounds of green fees every year.

As far as welcome benefits are concerned, you get the following benefits on joining the membership of the 6E Rewards XL - IndiGo HDFC/Kotak Credit Cards (the benefits are exactly the same for both Kotak and HDFC cards)-

Free IndiGo air ticket worth Rs. 3,000.

Free 6E Prime add-on worth Rs. 899.

Accor hotels stay vouchers worth Rs. 5,000 (30% off).

Accor hotels dining voucher worth Rs. 1,000.

Budweiser 0.0 gift voucher worth Rs. 250.

Given the best in class welcome benefits offered by the IndiGo 6E Rewards XL Credit Cards, we have included them in our list of top travel credit cards with the best welcome bonuses.

Club Vistara IndusInd Bank Explorer Credit Card

The Club Vistara IndusInd Bank Explorer Credit Card is a newly launched co-branded travel credit card by IndusInd Bank in partnership with the IndiGo airline. It is a premium travel credit card and comes with a hefty joining fee of Rs. 40,000 (plus GST) and an annual fee of Rs. 10,000 (plus GST) is applicable second year onwards. Since it is an Air Vistara co-branded credit card, you earn Reward Points as Club Vistara (CV) Points.

IndusInd Club Vistara Explorer Credit Card earns you 8 CV Points per Rs. 200 spent on Air Vistara, 6 CV Points per Rs. 200 on other travel spends, 2 CV Points per Rs. 200 on other retail spends (except insurance, utility and fuel) and 1 CV Point per Rs. 200 on spends on insurance, utility and fuel with the card.

Coming to the welcome benefits offered by the Club Vistara IndusInd Bank Explorer Credit Card, the card offers the following welcome benefits-

Complimentary Club Vistara (CV) Gold membership.

Complimentary business class ticket voucher (you get the complimentary business class ticket every year the card membership is renewed).

Any one of the following three gift vouchers- Luxe gift card worth Rs. 25,000, complimentary night stay at Oberoi hotels, gift voucher worth Rs. 25,000 from BATA, Vero Moda, Vouchagram, ALDO, Titan, Pantaloons, etc.

With all the aforementioned welcome benefits offered by the Club Vistara IndusInd Bank Explorer Credit Card, it can definitely be considered one of the best travel credit cards in terms of the welcome benefits offered.

Etihad Guest SBI Premier Credit Card

As is obvious from the name, it is a co-branded credit card by SBI Card in collaboration with Etihad Airlines. SBI Card offers two Etihad cobranded credit cards and Etihad Guest SBI Premier Card is the more premium of the two. It is a sub-premium travel credit card and comes with a membership fee of Rs. 4,999 per annum (plus GST). The card earns you 6 Etihad Miles per Rs. 100 spent on Etihad.com, 4 Etihad Miles per Rs. 100 on international spends and 2 Etihad Miles per Rs. 100 on all other expenditures with the card (except fuel).

As far as the card's welcome benefits are concerned, the card offers the following welcome benefits to the cardholders-

Complimentary Etihad Guest Gold Tier membership on making the first transaction with the card.

5,000 Etihad Miles within 15 days of the annual fee payment.

2 complimentary wifi vouchers sent via email within 15 days of the first Etihad Airways flight booking.

InterMiles HDFC Bank Diners Club Credit Card

The InterMiles HDFC Diners Club Credit Card is a co-branded travel credit card by HDFC Bank. The card falls in the sub-premium category and comes with a membership fee of Rs. 5,000 per annum. Since it is an InterMiles cobranded credit card, you earn Reward Points as InterMiles. The card earns you 16 InterMiles per Rs. 150 spent on flight/hotel bookings via the InterMiles portal and 8 InterMiles per Rs 150 on other retail spends with the card and 2.5x InterMiles on Etihad Airways tickets booked via the InterMiles portal. Apart from earning InterMiles, you also get a number of additional benefits with the card such as unlimited complimentary domestic and international airport lounge access, unlimited rounds of golf at some of the leading golf destinations across the country, complimentary insurance cover and many more.

Coming to the welcome benefits offered by the card, HDFC Diners Club Black Credit Cardholders get the following welcome benefits with the card-

InterMiles Gold Tier membership for the first year of the card membership.

10,000 Bonus InterMiles on spending a minimum of Rs. 20,000 with the card within the first 30 days of card setup.

15,000 Bonus InterMiles on the expenditure of a minimum of Rs. 1.5 lacs within the first 90 days of card issuance.

Flight discount vouchers worth Rs. 2,000 and hotel discount vouchers worth Rs. 3,000.

Given all these welcome benefits that you get with the InterMiles HDFC Bank Diners Club Credit Card, it is another very good option for you amongst all the travel credit cards that offer best-in-class welcome benefits.

Bottom Line

Credit card issuers offer welcome benefits on newly issued credit cards in order to lure new customers. The usual trend is, the more the joining fee of a card, the more value worth of welcome benefits you get. While welcome benefits do make credit cards an attractive proposition initially and you should consider the welcome benefits that a card offers before you make your mind, it is not a good idea to make the decision to apply for a credit card only because of the welcome benefits that it offers. The reward rate and the additional benefits such as travel benefits, dining benefits, etc. should always be the key factors based on which you should make your mind about a credit card.

# data[].attributes.attachment_link.title
Travel Credit Cards That Offer Best Welcome Benefits

# data[].attributes.attachment_link.description
Travel credit cards are those cards that offer tailored for the needs of frequent flyers. These cards are often co-branded cards and are offered in collaboration with airline partners of the card issuers. Most card issuers including HDFC Bank, ICICI Bank, SBI Card, Axis Bank, etc. offer travel credit cards.

# data[].attributes.headline
Rupay is India's own card network and works phenomenally well.

# data[].attributes.subject
Rupay is India's own card network and works phenomenally well.

# data[].attributes.attachment_link.readable_text
Top RuPay Credit Cards in India

There are a lot of credit cards issued on the RuPay network by different card issuers. In this article, we have filtered out some of the top RuPay Credit Cards in India and their features and benefits are given below in detail:

Card Details +

Card Details +

Along with the First Power Plus credit card, the First Power card is a co-branded offering by HPCL and IDFC First Bank. You can save around Rs. 7000 annually with this card that can help you buy almost 65 litres of fuel. You get exclusive rewards when you pay using the HP Pay App at any of the 20,000+ HPCL outlets across India. Just like the Power Plus variant, this credit card comes at no joining fee as an introductory offer until 30th April 2023 and the reward points earned on this credit card do not expire. Here are the features and benefits of this credit card:

Up to 5% savings on fuel transactions up to Rs. 5000 maximum per month

Up to 2.5% savings on grocery and utility spends up to Rs. 4000 maximum per month

Up to 2.5% savings on IDFC FASTag recharge up to Rs. 2000 maximum per month

2x reward points on other retail spends

Up to Rs. 150 discount on Swiggy orders above Rs. 500

Cashback up to Rs. 250 on transactions above Rs. 250 on your 1st HPCL transaction

Complimentary roadside assistance worth Rs. 1399 and personal accident insurance worth Rs. 2 Lakhs

Refer your friends for the credit card and earn up to maximum 10000 Reward points on successful referrals

Card Details +

HDFC Bank and Tata Neu launched two co-branded cards together, and the Tata Neu Infinity HDFC Bank credit card is the premium variant out of the two. The card comes at an annual fee of Rs. 1499 and is packed with benefit across multiple categories. It has one of the best reward rate in the market of up to 10% and offers travel, lifestyle, as well as insurance benefits. Other features include domestic and international lounge access, air accident insurance cover, and more

1499 Neu Coins as welcome benefit

10% Neu Coins back on your Tata Neu app spends and 5% Neu Coins on partner brand spends

1.5% Neu Coins on other spends made with the card

Complimentary domestic as well as international lounge access

1% fuel surcharge waiver

Low forex markup fee of 2%

Spend-based renewal fee waiver

Card Details +

Card Details +

Card Details +

The FIRST Power Plus is the first co-branded credit card launched by IDFC Bank in collaboration with HPCL and works on the RuPay network. With this card, you can save around Rs. 18,500 every year which is enough to buy almost 175 litres of fuel. Another great thing of this card is that it has a joining fee of Rs. 499 but you can get it at No Joining Fee until 30th April 2023 as an introductory offer. Although, it is a fuel credit card, you get many privileges across a host of categories with the card. Here are the features and benefits of this card:

Up to 6.5% savings on fuel spends

4% savings on LPG and HPCL fuel spends, 1.5% savings on payment through HP Pay App, and 1% fuel surcharge waiver

5% savings on grocery and utility bills

5% savings as reward points on IDFC FASTag recharge

3x reward points on other retail spends

Up to Rs. 500 cashback on on 1st HPCL transaction above Rs. 500 or more

Up to Rs. 150 discount on Swiggy orders on orders above Rs. 500

Up to Rs. 500 off on ZoomCars rental

Up to 25% discount on movie tickets and 505 discount on international and domestic car rentals

Card Details +

It is a mid-range credit card by the Bank of Baroda. The card is also offered on the Visa payment network - until recently, BoB used to offer the Premier Credit Card on the Visa platform only, before they tied up with NPCI to come up with a RuPay variant of the card in November 2021

Bank of Baroda Premier RuPay Credit Card offers a reward rate of up to 2.5% (max 10 RPs can be earned per Rs 100, with 1 RP = Rs. 0.25) and a few value-added benefits as well, like complimentary airport lounge access and spend-based fee waiver. BoB Premier RuPay Credit Card comes with a membership fee of Rs. 1,000 per annum. Some of the salient features of the card are as under-

Card Details +

Kotak Mahindra Bank, and Indian Oil Corporation joined forces to launch their new co-branded fuel card which offers great fuel and other benefits on the RuPay card network. You get rewarded on your dining, grocery, and retail spends along with exclusive benefits when you refuel your vehicle at any of the 34,000 Indian Oil outlets across India. You can redeem your reward points for a variety of products and vouchers, cashback, and even free fuel. Here are the features and benefits of this credit card:

Welcome benefit of 1000 Reward points on spending Rs. 500 or more within a month of card issuance.

12 Reward points per Rs. 150 spent on grocery and dining, and 24 Reward points per Rs. 150 spent on IndianOil outlets.

3 Reward points per Rs. 150 spent on everything else.

Annual fee waiver on spending Rs. 50,000 or more in the card anniversary year.

1% fuel surcharge waiver and personal accident insurance cover worth Rs. 2 Lakhs

RuPay contactless transactions up to Rs. 5000

Card Details +

The PNB RuPay Select Credit Card is one of the popular basic credit cards issued by the Punjab National Bank. It comes with a joining fee of Rs. 500 and earns you 300 bonus Reward Points as a welcome benefit.

Welcome benefit of 300 bonus Reward Points.

2 Reward Points on every spend of Rs. 150.

2x Reward Points on all merchandise/online transactions within the first 90 days.

50 bonus Reward Points on registration for the e-bill facility.

Complimentary airport lounge access.

Complimentary insurance cover worth Rs. 10 lakhs.

Spend-based waiver of the annual membership fee.

1% fuel surcharge waiver.

Card Details +

It is RuPay Platinum RuPay credit card by Punjab National Bank. The card comes with zero joining/annual fee (lifetime free credit card). You get the following benefits with the PNB Platinum RuPay Credit Card-

300+ Reward Points on the first usage of the card as a welcome benefit.

Exclusive cashback on spends on utility bill payments, restaurants/eateries bill payments.

2 complimentary lounge access every quarter at domestic airports across India.

2 complimentary international airport lounge access.

Comprehensive insurance plan with a complimentary cover worth Rs. 2 lacs against accidental death or permanent disability.

Exclusive offers from over 300 domestic and international merchants.

Card Details +

Union Bank Select RuPay Credit Card is issued by Union Bank of India on the Select variant of the RuPay payment network. Union Bank charges an annual fee of Rs. 499 per annum for the RuPay Select Credit Card. Some of the key features of the Union Bank RuPay Select Credit Card are as under-

Card Details +

Card Details +

Union Bank RuPay Combo Debit cum Credit Card is a unique offering by Union Bank of India and RuPay. It is a one of its kind card that works as both a debit and a credit card. The card has two separate magnetic stripes, two microchips and two PINs- two sets of credentials, one each for the debit and the credit card. Some of the salient features of the Union Bank RuPay Combo Debit cum Credit Card are as under-

As it is a combo card, you get both debit and credit card functionalities with the card. There are separate cash withdrawal limits, daily shopping limits stipulated for each of the credit and debit cards.

Card Details +

Card Details +

Card Details +

The PNB Patanjali RuPay Platinum Credit card is a co-branded card offered by the PNB Bank in partnership with Pantanjali. The card offers great benefits across travel, and dining and offers benefits such as insurance covers and a fuel surcharge waiver. Following are the benefits of the card:

Card Details +

IDBI Winnings RuPay Select Card is an entry-level credit card offering a decent reward rate. The card also offers insurance cover up to Rs. 10 Lakh and many other benefits such as welcome benefits where you get 10% cashback up to Rs. 500 on all transactions done within 90 days. It offers many other benefits including:

Card Details +

What Are RuPay Credit Cards?

RuPay is one of the major credit card networks in India and hence various banks/card issuers offer credit cards in partnership with this network. For those who don't know, a credit card network is like a bridge between the card-issuing company and the merchant to process the payments. In India, RuPay is one of the most popular card networks along with Visa MasterCard, etc. RuPay offers credit cards with 3 variants: Classic, Platinum, and Select, Classic ones being the most premium ones.

RuPay Credit Card Issuing Banks

As mentioned earlier, the majority of cards issued on the RuPay network are debit cards, however, changing trend can be seen among the card issuers as more card issuers are now tieing up with NPCI to launch new credit cards, and sometimes to even issue an existing credit card (which was earlier issued on some other network), on the RuPay payment network. Recently, the Bank of Baroda launched new credit cards on the RuPay platform. Click here for further information. LIC also launched co-branded credit cards on the RuPay payment network in collaboration with the IDBI Bank a couple of months ago. You can find more information on this here.

Most of the credit cards issued on the RuPay network are by public sector card issuers (PSU Banks), however, private players have now also started joining hands with NPCI to issue their credit cards on the RuPay platform. HDFC, for example, has now started issuing its Millennia credit card, which is one of the most popular credit cards by the bank, on the RuPay platform (Visa variant of the card is also available). This change, for the most part, can be attributed to the moratorium imposed by RBI on MasterCard and American Express prohibiting the card issuers from onboarding new domestic customers.

Currently, RuPay Credit Cards issuer banks in India include- SBI Card, Union Bank of India, HDFC Bank, SBM Bank, Punjab National Bank, IDBI Bank and Federal Bank. Union Bank of India in November 2018, came up with a unique combo card on the RuPay payment network- the card acted as both credit as well as a debit card and had two separate magnetic stripes, microchips, PINs and CVD (one card, two sets of credentials).

Some of the popular credit cards issued on the RuPay payment network include Union Bank RuPay Combo Debit Cum Credit Card, HDFC Millennia Credit Card (also issued on the Visa network), IRCTC SBI RuPay Credit Card, Bank of Baroda Premier and Easy RuPay Credit Cards (launched recently).

Other Rupay Cards

Following are more Rupay credit cards that offer great benefits and privileges and must be considered:

HDFC Regalia Credit card

Rs. 2,500 (plus applicable taxes)

Complimentary Dineout Passport Membership.

Complimentary Priority Pass membership.

Complimentary International Airport Lounge Access.

Foreign Markup Fee of 2%.

HDFC Bank Bharat Credit Card

Rs. 500 (plus applicable taxes)

Up to 5% monthly cashback on many categories.Insurance cover up to Rs. 50 Lakh.

LIC CSL Co-branded RuPay Credit Card - Lumine

NIL

1,000 Delight Points on spending a Rs. 10,000 within 60 days.

2X points on LIC Payments1% Fuel Surcharge Waiver

PNB Patanjali RuPay Select Credit card

Rs. 750 (plus applicable taxes)

2% cashback on shopping worth Rs. 2,500 or more at the Patanjali stores.

2 complimentary domestic lounge access every quarter.

RuPay Credit Cards Variants

RuPay Credit Cards come in three variants- Select Credit Cards, Platinum Credit Cards and Classic Credit Cards. The features and benefits that each of the three categories of cards offer are as under-

RuPay Select Credit Cards

It is the most premium category of RuPay Credit Cards. RuPay Select credit cards offer a plethora of value-added benefits to the card members like complimentary lounge access, gym access, golf program, etc. Some of the benefits that one gets with RuPay Select Credit Cards are-

Complimentary airport lounge access: You get complimentary access to lounges at select domestic and international airports across the world with RuPay Select Credit Card. RuPay Select Credit Cards entitle you to 2 complimentary domestic airport lounge access per quarter and 2 complimentary international airport lounge access every year. You can see the list of airport lounges where you get complimentary access on the official RuPay website. Although RuPay Platinum card members also get complimentary airport lounge access, certain lounges are exclusive for RuPay Select cardholders only.

Complimentary Fitness Sessions: RuPay Select credit cards also entitle you to complimentary fitness and meditation sessions at your home.

Complimentary Gym Access: You also get a 15/30 day free gym membership trial with your RuPay Select Credit Card.

Golf Program: You get complimentary access to 20+ premium golf courses across the country with one complimentary golf game/lesson every year with your RuPay Select Credit Card.

Comprehensive Insurance Cover: You also get comprehensive personal accident insurance and permanent disability cover worth up to Rs. 10 lacs with your RuPay Select Credit Card.

Health Cleck-ups: Rupay Select credit card membership also entitles you to free routine health check-ups every year.

Concierge Service: You also get a 24×7 concierge service with your RuPay Select Credit Card for travel assistance, hotel reservations, and many other consultancy services.

RuPay Platinum Credit Cards

RuPay Platinum Credit Cards is the second most premium category of credit cards issued on the RuPay platform. RuPay Platinum Credit Cards entitle you to the following benefits-

Comprehensive Insurance Cover: RuPay Platinum Credit Cards entitle you to a complimentary insurance cover worth up to Rs. 2 lacs against accidental death and permanent disability.

Complimentary Airport Lounge Access: Just like RuPay Select Credit Cards, RuPay Platinum Credit Cards also entitle you to 2 complimentary domestic airport lounge access per quarter and 2 complimentary international airport lounge access every year.

Concierge Service: Just like RuPay Select Credit Cards, you also get a 24×7 concierge service with your RuPay Platinum Credit Card for travel assistance, hotel reservations, and many other consultancy services.

Exclusive Merchant Offers: You get exclusive offers at partner merchants including some of the popular brands like Amazon, Uber, BigBasket, Lakme, and many more with your RuPay Platinum Credit Card. To see a detailed list of all the offers available on RuPay Credit Cards, you may refer to the official offers page on the RuPay website.

The following infographics offer a quick reference and can come in handy to compare RuPay credit card three variants-

RuPay Classic Credit Cards

RuPay Classic Credit Cards are the most basic category of RuPay credit cards. Apart from the offers on partner merchants, you do not get any value-added benefits with RuPay Classic Credit Cards. To see all the offers available on RuPay credit cards, you may refer to the official offers page on the RuPay website.

RuPay Credit Cards Benefits and Features

RuPay, being a popular card network, comes with different types of features and benefits in partnership with various card issuers. However, not all the benefits are solely offered by the card network, but some of them are also offered by the card issuer and others are offered under a partnership between both. Following are some of the general benefits and features of the RuPay Credit Cards:

Rewards: Almost all the credit cards issued in the RuPay network offer exciting reward rates across different categories. These reward rates may be different for different credit cards and may also vary for different categories.

Travel Benefits: Many RuPay Credit Cards offer exclusive travel benefits, such as complimentary airport lounge access, railway lounge access, free memberships to selected airlines, discounts on flights & hotel bookings, and many more.

Insurance Benefits: With the RuPay Credit Cards, you may also get insurance benefits, such as complimentary air accident cover, travel-related insurance covers like baggage protection, coverage against lost tickets/lost passports, etc.

Dining and Entertainment Benefits: The RuPay Credit Cards also offer several great dining benefits, such as deals & discounts on dining across various premium restaurants. Talking about the entertainment benefits of these cards, some of them offer complimentary movie tickets, BOGO offer on movies, etc.

Other Benefits: Other benefits of RuPay Credit Cards include fuel surcharge waiver, spend-based waiver of annual fees, additional discounts across partner brands, etc.

Lower Transaction Fee: Since NPCI is a not-for-profit company, and transactions made with RuPay credit cards are processed locally within India, the transaction fee applicable on transactions made with RuPay credit cards is up to 23% less than that applicable on transactions made with the likes of Visa/MasterCard/American Express credit cards.

Faster Transactions: Since all transactions made with RuPay credit cards are processed locally, they are completed much faster than those done with Visa/MasterCard/AmEx credit cards.

Wide Range of Offers: NPCI has tied up with a number of domestic and international merchants to offer attractive discounts and deals on payment with RuPay credit cards.

Offers on RuPay Credit Cards

NPCI has partnered with various merchants in the country to offer a number of discounts and deals on RuPay Credit Cards. Some of the partner merchants include popular brands like Amazon, Uber, BigBasket, Peter England, and many more. RuPay Credit Card offers currently available in the Indian credit card market are as under-

Apart from the aforementioned offers, there are a number of other offers applicable on the transactions made with RuPay credit cards. For more information on offers on RuPay credit cards, you may refer to the official offers page on the RuPay website.

NCPI has also partnered with many international merchants as well. So, many international merchants also offer exclusive discounts and benefits on transactions made with RuPay credit cards. For more details, you may refer to the official international offers page on the RuPay website.

International Acceptability of RuPay Credit Cards

Contrary to the users' belief, Rupay Cards are widely accepted for international transactions as NPCI has partnered with international payment networks like Discover, Diners Club, JCB, Pulse and Union Pay to process transactions with overseas merchants.

International transactions on different RuPay Credit Cards are processed by different partner networks. The logos of the payment networks supported by a given RuPay credit card are printed on the back of the card (see the image below for reference).

How To Get a RuPay Credit Card?

You can get a RuPay Credit Card simply by applying for it online or offline. To apply offline, you can visit your nearest branch of a bank that issues RuPay Credit Cards and apply for the card by filling out the physical application form. make sure to carry all the necessary documents like identity proof, address proof, proof of income, etc, along with you. Moreover, you can also apply online for it via the respective bank's official website. Another thing to keep in mind is that you will have to fulfill the required eligibility criteria that depend on age, income, and a few more important factors.

How To Apply For RuPay Credit Cards Online?

If you want to apply for a RuPay Credit Card online, you can do it easily via their official website, where the best RuPay Credit Cards issued by different card issuers have been added. You will just need to select the credit card you want and apply for it by getting redirected to the bank's website. The following are the necessary steps that you will have to follow:

Visit the RuPay network's official website.

Under the 'Our Cards' tab, click on 'Credit.'

Click on 'Explore our Credit Card range.'

Select the card you want to apply for.

Click on 'Know More.'

You will be redirected to the respective bank's official website.

Apply for the card from there by filling in all the required details.

Bottom Line

India's homegrown payment network RuPay is giving tough competition to multinational networks like Visa, MasterCard and American Express. RuPay cards are not only accepted by domestic merchants, but also by overseas merchants, thanks to NPCI's tie-ups with international networks like Diners Club, Discover, Pulse, JCB, and Uni Pay. Therefore, even if you make a lot of international transactions with your credit card, you can opt for a RuPay card without worrying about international acceptance. However, since most card issuers do not offer their credit cards in the premium or super-premium segment on the RuPay network, if you are looking for a premium credit card, you will have to go for a Visa/MasterCard/American Express credit card.

FAQs:

# data[].attributes.attachment_link.title
Best RuPay Credit Cards in India 2023 - Review & Apply Online!

# data[].attributes.attachment_link.description
Check out the list of top RuPay Credit Cards in India 2023 on Card Insider. Compare Features, Benefits, Charges and Apply Online!

# data[].attributes.body
Health Credit Cards have been launched recently with more health benefits and insurance coverage than your regular credit cards. The cards are made specifically for health cautious people out there. Read more.

# data[].attributes.attachment_link.readable_text
Card Details +

The SBI Card Pulse is a recently launched credit card by SBI Card targeting health-conscious individuals. It comes with an annual fee of Rs. 1,499 which is totally worth it if you know how to maximize the benefits of this card. It comes with a great reward rate and several other privileges, which are as follows:

Get a Noise ColorFit Pulse Smart Watch worth Rs. 5,000.

Up to 10 reward points on every spend of Rs. 100.

Complimentary Netmeds First and FitPass Pro membership.

Complimentary airport lounge access and Priority Pass membership.

Spend-based waiver of the annual fee.

Card Details +

Card Details +

Card Details +

Card Details +

Card Details +

Card Details +

Card Details +

The HDFC Doctor's Superia Credit Card is another doctor-specific card issued by the HDFC bank. It comes with an annual fee of Rs. 1,000 and offers a decent reward rate to the cardholders. Along with this, the cardholders get accelerated rewards on dining, complimentary insurance cover, and several other benefits, which are as follows:

1,000 Reward Points as a welcome benefit.

3 Reward Points on every Rs. 150 spent and 50% more Rewards on dining.

Professional Indemnity Insurance coverage worth up to Rs.20 Lakhs.

Card Details +

Health and Wellness Credit Cards - Features & Benefits

Though the health and wellness credit cards are targeted at a particular segment of individuals, the benefits of these cards are not just restricted to the health category. There are several other features and benefits that individuals can avail of using these credit cards. Some of the most significant advantages of health and wellness credit cards are given below:

Rewards: Just like other credit cards issued in different categories, the health and wellness credit cards also offer Reward Pints/cashback to the cardholders. With these cards, cardholders get rewarded n almost all their spends and the reward rate is generally higher in health-related categories. Moreover, different credit cards may offer different types of rewards and the reward rate may also vary accordingly.

Health & Wellness Benefits: With the health and wellness credit cards, the cardholders generally get accelerated rewards on selected categories, including health checkups, medical store spends, etc. Moreover, some of these cards also complimentary fitness sessions every month and free memberships to selected health-based apps/programs like Fitpass pro membership or Netmeds pro subscription.

Lifestyle Benefits: The benefits of the health credit cards are not just restricted to rewards and death benefits, but some of these cards provide the cardholders with exciting lifestyle benefits. these benefits may include discounts and deals on dining, movie, entertainment, etc.

Travel Privileges: There are some health and wellness credit cards that also keep the travel requirements of their customers in mind. With these cards, you may get free airport lounge access at domestic/international airport lounges and other travel benefits, such as discounts on travel-related bookings and many more.

Other Benefits: Other benefits that the health credit cards may offer include complimentary insurance covers against accidental death, personal disability, etc. Moreover, you get a 1% fuel surcharge waiver with almost all of these cards.

Health Credit Cards - Rewards/Cashback Benefits

All the health and wellness credit cards offer different types of rewards to the cardholders on all their spends. However, the reward rates may vary for different cards and it is also different for different categories. With these cards, you generally get a higher reward rate on health-related spends compared to other spends. Moreover, the reward rates of premium cards are generally higher than the basic cards that come with a low annual fee. The Rewards offered with various cards may be of different types and their redemption value may also vary accordingly. The detailed reward rates of the best health and wellness credit cards are given below in the table:

Credit Card

Reward Rate

SBI Card Apollo

- 3x Reward Points on Apollo Services

- 2x Reward Points on dining, movies, and entertainment

- 1 Reward Point on every Rs. 100 spent elsewhere.

PNB RuPay Select Credit Card

- 2 Reward Points on every spend of Rs. 150

HDFC Doctor's Regalia Credit Card

- 4 Reward Points on every spend of Rs. 150.

HDFC Doctor's Superia Credit Card

- Earn 3 reward points on every spend of Rs.150.

Doctor's IMA SBI Card

- 1 Reward Point on every retail spend of Rs. 100.

- 5x Rewards on medical supplies, travel bookings and international spends

.- 5x Rewards on all spends on Doctor's Day.

Reward Redemption

The reward redemption process varies from card issuer to card issuer. They have different reward portals and methods for the redemption of reward points. However, all the card issuers offer a wide range of redemption options to the cardholders so that they can redeem their earned points against a category of their choice. The monetary value of rewards and methods to redeem the rewards are given below in the table:

Credit Card

Reward Redemption

SBI Card Pulse &IMA Doctor's SBI Card

The Reward points can be redeemed via net banking at a rate of 1 RP = Re. 0.25.

Axis Bank Aura Credit Card

Rewards can be redeemed via the Edgerewards portal, where 1 RP = Re. 0.20.

SBI Card Apollo

Rewards can be used to avail of services at Apollo Healthcare Centers and related stores. 1 RP = Re. 1.

YES Bank Wellness Plus Credit Card &YES Bank Wellness Credit Card

Reward Points can be redeemed through the Yes Rewardz website, where 1 RP = Re. 0.25 (for redemption against hotel/flight bookings), and 1 Reward Point = Re. 0.10 (for redemption against gift vouchers and product catalogue)

PNB RuPay Select Credit Card

1 RP = Re. 0.5 for redemption against various options at the PNB Rewardz portal

HDFC Doctor's Regalia Credit Card

1 RP = Re. 0.50 for redemption against travel bookings via SmartBuy & 1 RP = Re. 0.20 for redemption against cash via net banking.

HDFC Doctor's Superia Credit Card

Reward Points can be redeemed against various options, including cash via net banking.

Health and Wellness Credit Cards - Annual Fee

Different health and wellness credit cards come with different annual charges and their features also vary accordingly. The cards with higher annual fees generally have more premium benefits compared to the low or no annual fee cards that come with very basic benefits. The joining and annual membership fee of these cards is mentioned in the following table:

Health Credit Cards With Lounge Access

The advantages of the health and wellness credit cards are not just restricted to medical benefits, but the cardholders may also get exciting travel benefits. Some of these cards offer complimentary domestic as well as international lounge access every year. These cards are listed below:

SBI Card Pulse: 2 complimentary domestic lounge access every quarter.

YES Bank Wellness Plus Credit Card: 8 complimentary domestic lounge access every year.

PNB RuPay Select Credit Card: 2 complimentary domestic airport lounge access every quarter.

HDFC Doctor's Regalia Credit Card: 12 complimentary domestic and 6 international lounge access every year.

Doctor's IMA SBI Card: 8 complimentary domestic and 4 international lounge access every year.

Health and Wellness Credit Cards Eligibility Criteria

There are certain eligibility requirements that the applicants need to fulfil in order to get approved for the health and wellness credit cards mentioned above. These requirements may vary from card issuer to card issuer and from card to card as well. Some basic eligibility criteria that you should keep in mind are given below:

Credit Card

Eligibility Criteria

IMA Doctor's SBI Card

- Age: 21 years to 65 years

- Income: Minimum Rs. 1.5 lakhs per annum.

- Applicant should be a doctor.

How To Apply For Health and Wellness Credit Cards?

The application process of the Health and Wellness Credit Cards is the same as that of the other general credit cards. You can apply for these cards online as well as offline at your convenience. To apply offline, you will have to visit your nearest branch of the respective bank from which you want to get a credit card. make sure to carry all the necessary documents, like your identity proof, address proof, income proof, etc along with you. Fill out the physical application form to apply for the card. To apply online, you will have to follow a few simple steps as follow:

Visit the respective card issuer's official website.

Under the section 'Products' or 'Personal banking,' you will find 'Credit cards'.

Find out the card you want to apply for.

Fill in the digital application form and proceed further accordingly.

Bottom Line

A health and wellness credit card is a great option for someone who is health conscious and loves to attend fitness sessions and take doctor consultations for every small thing related to their health. These credit cards don't only offer accelerated reward points on health-based categories, but some premium cards come with complimentary memberships like Fitpass pro, Netmeds pro, etc. Also, you can get great discounts on doctor consultations, which is going to save you a lot of money if you visit your doctor very often. The best thing here is that the health and wellness credit cards are available in basic as well as premium categories and hence everyone can choose a card according to their requirements.

FAQs:

# data[].attributes.attachment_link.title
Best Health and Wellness Credit Cards in India | Cardinsider

# data[].attributes.attachment_link.description
Card Details + The SBI Card Pulse is a recently launched credit card by SBI Card targeting health-conscious individuals. It comes with an annual fee of Rs. 1,499 which is totally worth it if you know how to maximize the benefits of this card.

# data[].attributes.headline
Know more about the best Vistara Credit Card by Axis bank

# data[].attributes.subject
Know more about the best Vistara Credit Card by Axis bank

# data[].attributes.attachment_link.readable_text
Axis Bank Vistara Infinite Credit Card Features and Benefits

Vistara Infinite Credit Card is the most premium Vistara co-branded card issued by Axis Bank. Along with providing a wide range of travel benefits, it comes with some exciting privileges across other categories as well. The following are the precise features & benefits of this card:

Welcome Benefit

As a welcome benefit. you get a complimentary Air Vistara business class ticket voucher. Not only that, you get this voucher every time your membership is renewed.

Milestone Benefits

Get milestone benefits either as Club Vistara Points or as a complementary business class ticket along with the Axis Bank Vistara Infinite Credit Card:

Amount spent in a year

Reward

Rs. 1,00,000 (if spent in the first 90 days from the issuance of card)

10,000 bonus CV Points

Rs. 2,50,000

1 Business Class ticket

Rs. 5,00,000

1 Business Class ticket

Rs. 7,50,000

1 Business Class ticket

Rs. 12,00,000

1 Business Class ticket

Travel Benefits

Enjoy 2 complimentary domestic lounge visits per quarter.

Complimentary Club Vistara Gold membership.

You also get some premium benefits like 24×7 concierge service, airport transfer service, and complimentary access to domestic lounges at select airports all over India.

Dining Benefits

Get up to a 20% discount at partner restaurants as a part of Axis Bank's Dining Delights program.

Golf Benefits

Enjoy 6 complimentary golf rounds annualy at some of the leading golf courses in India.

Insurance Benefits

Fuel Surcharge Waiver

1% of the fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 4000 at fuel stations across India.

Vistara Infinite Credit Card Rewards

6 Club Vistara Points every time you spend Rs. 200 using the Vistara Infinite credit card.

You don't earn any reward points on fuel spends.

Reward Redemption

The Vistara Infinite credit card earns you rewards as Club Vistara Points that are redeemable for award flights, class upgrades, or reserving any seat in any class as a part of Vistara's Cash + Points program. However, if you redeem the CV points with the Cash + Points program, 1 CV point will be considered equivalent to Re. 0.2 only.

Club Vistara Points are also redeemable with Air Vistara's partner airlines including Air Canada, Singapore Airlines, Japanese Airlines, Silk Air, and,United Airlines.

Advantages of Axis Bank Vistara Infinite Credit Card

Gold Tier CV Membership: You get complimentary Club Vistara Glod Tier membership with this card which entitles you to 10 CV Points per Rs. 100 you spend on Vistara (this is in addition to the CV Points benefit that you get with the card).

Decent Reward Rate: You get a decent reward rate of 6 CV Points for every Rs. 200 you spend using the card on all categories of spends except fuel.

Business Class Tickets: Another one of the most attractive benefits that Axis Vistara Infinite Credit Card offers is, that you get a complimentary business class ticket as a welcome benefit on joining the card membership and on achieving the stipulated spend-based milestones (details above).

Drawbacks of Axis Bank Vistara Infinite Credit Card

No Complimentary International Airport Lounge Access: One major drawback of this card is that the card does not offer any complimentary international airport lounge access. You however do get 2 complimentary domestic airport lounge access every quarter with the card.

3.5% Foreign Currency Mark-up: Despite being a premium travel credit card, the usual markup fee of 3.5% of the transaction amount is chargeable on foreign currency transactions performed using this card.

High Annual Fee: The Vistara Infinite Card carries slightly higher annual fee of Rs. 10,000 per annum. The card also does not offer any spend-based annual fee waiver option.

Who should consider this card?

As you must be aware by now, Axis Bank Vistara Infinite Card is a premium travel credit card offered by Axis Bank. Based on the reward rate and the other benefits that the card offers, you can decide whether the Axis Bank Vistara Infinite Credit Card would be a good pick for you.

You should apply for Axis Bank Vistara Infinite Card if

you are a frequent domestic flyer and Air Vistara is the career of your choice.

you do not want to compromise with your travel experience- This card entitles you to a complimentary business class ticket as a welcome benefit and upon achieving the stipulated spend milestone (details on milestone benefits above).

you want to enjoy golf benefits along with the travel benefits that the card offers.

Axis Bank Vistara Infinite Credit is not for you if

you are a frequent international flyer- as the card does not offer any complimentary visits to international lounges.

Air Vistara is not your preferred airline- in this case, you may look for other co-branded travel credit cards or more generic travel cards.

you are not a regular traveler- then you should rather opt for a lifestyle credit card or a shopping credit card with more generic benefits

Eligibility Criteria for Axis Bank Vistara Infinite Credit Card

The eligibility criteria for the Vistara Infinite card has been explained below:

Documents Required

For your credit card application to be processed, you need to submit a few documents to the bank including proof of identity (like Aadhar Card, Voter ID Card, Passport, etc.) a proof of address (like Voter Card, Passport, Aadhar Card, electricity/telephone bill, etc.) & proof of income (ITR return acknowledgment/salary slips).

How to apply for Axis Bank Vistara Infinite Credit Card?

You can apply for this credit card online by visiting the card's page on Axis Bank's official website. You will need to fill out a form a submit a few documents as required by the bank to process your application. To apply offline, visit your nearest Axis Bank branch with all the essential documents and fill in the application form there.

Application status

You can track your application for Axis Bank Vistara Credit Card by visiting Axis Bank's credit card and loans application tracking page and entering your Application ID and DOB.

Axis Bank Vistara Infinite Credit Card Customer Care

Axis Bank offers 24×7 customer care support to the cardholders. To report a loss of the card or for any other queries, you can call their 24×7 customer care numbers- 18604195555 or 18505005555. You can also block your credit card, in case of loss or for some other reason via SMS. You have to send BLOCK "your 16 digit card number" to 5676782.

Credit Cards similar to Axis Bank Vistara Infinite Credit Card

Axis Bank, IndusInd Bank and SBI Card are three credit card issuers in the country that offer travel credit cards in collaboration with Air Vistara. While Axis Bank offers three Vistara co-branded credit cards, SBI Card offers two, and IndusInd Bank offers one Vistara co-branded credit card. The Air Vistara credit card comparable with the Axis Bank Vistara Infinite Card is the recently launched Club Vistara IndusInd Explored Credit Card. The following table gives a detailed point-wise comparison between the two Vistara co-branded credit cards-

Conclusion

You should pick Axis Bank Vistara Infinite credit card if you frequently go on business trips and don't want to compromise with your luxurious travel experience. It is worth noting that Air Vistara is primarily a domestic airline (although, recently it has also started international operations), but you can redeem your Club Vistara Points with Vistara's partner airlines as well to fly over domestic or international skies.
In case you have any queries or doubts related to this credit card, feel free to comment, we'll be more than happy to address the same. If you're an existing card user, don't forget to share your experience in the comments section below.

# data[].attributes.attachment_link.title
Axis Bank Vistara Infinite Credit Card: Benefits, Features, Apply | Card Insider

# data[].attributes.attachment_link.description
Vistara Infinite Credit Card is the most premium Vistara co-branded card issued by Axis Bank. Along with providing a wide range of travel benefits, it comes with some exciting privileges across other categories as well. The following are the precise features & benefits of this card: As a welcome benefit.

# data[].attributes.headline
Credit Card Annual Percentage Rate (APR) Explained

# data[].attributes.subject
Credit Card Annual Percentage Rate (APR) Explained

# data[].attributes.body
Know about your Credit Card APR

# data[].attributes.attachment_link.readable_text
The Annual Percentage Rate, also known as the Annual Interest Rate, of a credit card is the annualized rate of interest that is charged on the extended credit by the card issuers. It can also be understood as the charges that a cardholder owes to the issuer for carrying balances after the due dates. A responsible cardholder who always pays the credit card bills not time and in full will never need to pay any interest charges or what we call the APR. It is a very important component of a credit card that every cardholder should be aware of.

Many individuals get a credit card but are not even aware of the term APR. It is one of the biggest mistakes a credit card holder can do. Even if you are fully confident that you can pay bills on time and you won't need to pay APR ever, it is essential to check all the charges along with the interest rate. It is because emergency situations don't come with planning and hence you can make large purchases that are too much to pay all at once. To avoid high-interest rates in such situations, it is good to check the APR associated with a credit card before you get it and try getting a low-interest rate credit card. In this article, we will discuss what APR is and all other essential information about it. Keep reading:

Definition - Annual Percentage Rate

The annual Percentage rate (APR) is the annualized interest rate that is charged on a credit card account for carrying a balance from month to month. It can be different with different cards and may also vary on the basis of transactions. For example, for transactions like cash advances, the APR is generally higher than that for retail transactions. The APR or the annual interest rate is the most important component of a credit card and it is necessary for every cardholder to be aware of the same from the very beginning of their credit journey.

How is APR Calculated?

Though most credit card issuers set monthly and annual interest rates for their credit cards. But, some also specify the daily interest rate, also known as Daily Percentage Rate (DPR) as there is a bit difference between the number of days of several months. The Annual Percentage Rate (APR) of a credit card is simply calculated by multiplying this DPR by the number of days in a particular year (i.e. 365 or 366). Similarly, the monthly interest rate or the interest rate in a billing cycle is calculated by multiplying the number of days in a billing cycle by this Daily Percentage Rate. So, if you keep on carrying a balance on your credit card throughout the year, the interest keeps accruing on it and the amount becomes really high and unmanageable sometimes.

Different Types of APR

The APR may vary for different types of transactions you make with your credit card. Following are some of the most popular and important types of APR that you must be aware of as a credit cardholder:

Introductory APR: Many card issuers offer a lower interest rate (or lower APR) as an introductory offer to their credit cardholders. For example, if you have recently got a credit card with zero or low introductory APR, it means that you will be charged a lower interest or no interest at all for a limited time period (which will be specified in the MITC of your credit card). These types of introductory offers are valid for retail transactions and balance transfers as well and that is why it is considered a good idea to transfer a balance to a credit card with zero introductory APR.

APR on Credit Card Purchases: It is the general interest rate that is charged on all purchases or transactions (except for a few like cash advance transactions). It is generally 3 to 3.5% per month.

Cash Advance APR: Cash Advance APR is the annual interest rate that is applicable on cash withdrawals that have been made using a credit card. If you are a credit card user, you might be aware of the fact that it is not a good idea to withdraw cash using your credit card because it invites unnecessary charges, and also, you don't get an interest-free period for such transactions. Some card issuers charge a higher interest rate on cash advances and this particular APR charged on cash withdrawals is called Cash Advance APR.

Penalty APR: Penalty APR is the annual interest rate charged on returned or missed payments. Generally, credit card payments are returned when the account from which the amount has to be deducted doesn't have sufficient balance in it. Payments that are late for more than 60 days invite the Penalty APR, which is not only applicable on your outstanding balance, but on your current balance as well.

How To Avoid Paying APR?

The best way to avoid paying APR is to pay your credit card bills always on time and in full. Many people are not even aware of the fact that credit card interest rates can be avoided. They have some misconception that credit cards are directly proportional to debt traps as one necessarily needs to pay high-interest rates. But, this is not true at all. A credit card user who is wise enough to use his/her card responsibly can easily avoid paying the APR by making on-time payments.

Your card issuers also provide you with an Interest-free period during which no interest is charged on your card's outstanding balance, but if you fail to pay your bills even after this, the interest will start accruing on your account. Moreover, some transactions like cash advances are not eligible for the interest-free period and hence you should try to avoid such transactions. It is because the interest starts accruing from the very next day in these transactions.

Bottom Line

Credit Card APR is the main source of the earnings of credit card issuers, but they don't impose these interest charges on each and every individual. The cardholders are given enough time to pay their bills (up to 50 days), and the interest is charged only on the account that has been unable to clear their dues even after this period. So, in order to avoid paying APR on your credit card, you must try to clear your dues always in full without carrying them from month to month. Also, the APR of a credit card should be checked before applying for it and one should not go with a card that charges a very high-interest rate.

# data[].attributes.attachment_link.title
Credit Card Annual Percentage Rate (APR) Explained

# data[].attributes.attachment_link.description
The Annual Percentage Rate, also known as the Annual Interest Rate, of a credit card is the annualized rate of interest that is charged on the extended credit by the card issuers. It can also be understood as the charges that a cardholder owes to the issuer for carrying balances after the due dates.

# data[].attributes.headline
HDFC Infinia Vs ICICI Sapphiro Credit Card : Which Is Better?

# data[].attributes.subject
HDFC Infinia Vs ICICI Sapphiro Credit Card : Which Is Better?

# data[].attributes.body
Check out the comparison between the 2 top tier cards From HDFC Bank and ICICI Bank.

# data[].attributes.attachment_link.readable_text
With a number of premium credit cards available in the Indian market, it becomes quite challenging for some individuals to choose the best card for themselves. Two of the most popular credit cards in the premium category are the HDFC Infinia Credit Card and ICICI Bank Sapphiro Credit Card. Both these cards are targeted are high net worth individuals and provide world-class privileges across various categories. However, the Infinia Credit Card is a more premium one than the Sapphiro Card, but the task here is not to get a more premium card but to get a card that suits your requirements.

The Infinia Credit Card is an invite-only credit card that is issued only to selected individuals who have an excellent credit history and a strong relationship with HDFC Bank. So, you don't have an option to apply for this particular card. On the other hand, the Sapphiro Credit Card is issued on the basis of application, so you can apply for this card online/offline. Therefore, one who wants to get one of these two cards only needs to understand that in order to get the Infinia Credit Card, you need to make a strong relationship with the bank by using any other HDFC Bank. Otherwise, it will be a better option to go with the Sapphiro Credit Card if it seems to fulfill your requirements.

HDFC Bank Infinia Credit Card Metal Edition

The Infinia Metal Credit Card issued by HDFC Bank now comes in a metal form and is the most premium offering of the bank. It is targeted at high-income individuals and hence comes with a high annual fee of Rs. 12,500. From reward points to travel privileges to lifestyle benefits, this card provides you with everything you might expect from a credit card. This card is best suited for people who travel domestically as well as internationally very often. It is one of the most popular premium credit cards in the Indian market. However, one can't get this card by applying for it, but the card issuer itself invites eligible customers to get this. The following are some of the most significant features of this credit card:

The cardholders get a welcome gift of 12,500 bonus Reward Points and complimentary Club Marriott membership for the first year.

You can earn up to 5 Reward Points on every spend of Rs. 150.

The value of each Reward Point is equal to Re. 1 for travel-related bookings, and up to Re. 0.5 for other redemption options.

The cardholders get unlimited complimentary domestic as well as international lounge access. This benefit is not only applicable for the primary cardholders, but for supplementary cardholders as well.

The cardholders can also enjoy complimentary Priority Pass membership that allows them to access over 1,000 participating lounges across the globe.

Unlimited complimentary access to golf games to selected golf courses all across the world.

You can enjoy exciting dining privileges with the Good Food Trail Program.

The cardholders get insurance covers worth up to Rs. 3 Crores.

You get a 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 1 lakh. The maximum waiver is capped at Rs. 1,000 per month.

The Infinia Credit Card charges a very low forex markup fee of 2% only.

The annual fee of Rs. 12,500 is waived off for the next year if the cardholder has spent Rs. 8 lakhs or more in the previous year.

ICICI Bank Sapphiro Credit Card

The Sapphiro Credit Card is the second most premium card offered by the ICICI Bank (Emeralde being the most premium one). It is also targeted at high net worth individuals but one can apply for this, unlike the Infinia Card which is only issued to selected people. It comes with a joining fee of Rs. 6,500 and an annual fee of Rs. 3,500, which is totally worth it for those who can use it wisely. The Sapphiro Credit Card offers a decent reward rate along with a wide range of exciting benefits across different categories, which are as follows:

The card welcomes you with several exclusive welcome benefits worth over Rs. 9,000 (including Zomato Pro membership and gift vouchers from several popular brands).

The Sapphiro Card offers 4 Reward Points on every international spend of Rs. 100 and 2 Reward Points on every domestic spend of Rs. 100.

The cardholders can earn up to 20,000 bonus Reward Points every year on achieving the required spend milestone.

You can enjoy a Buy 1 Get 1 Free offer on movie ticket bookings via BookMyShow.

With this card, you get 4 complimentary domestic lounge access every quarter on spending a minimum of Rs. 5,000 in the previous quarter.

You get 2 complimentary international lounge access every year.

You can get insurance covers worth up to Rs. 3 Crores.

The annual fee of Rs. 6,500 is waived off on spending Rs. 6 lakhs or more in the previous year.

Check Here: ICICI Sapphiro Credit Card Review

Quick Comparison

Factors

HDFC Infinia Credit Card

ICICI Bank Sapphiro Credit Card

Annual Fee

Rs. 12,500 (waived off on spending Rs. 8 lakh or more in the previous year)

Rs. 3,500(waived off on spending Rs. 6 lakh or more in the previous year)

Reward Rate

Up to 5 Reward Points on every spend of rs. 150 (where 1 RP = up to Re. 1).

Up to 4 Reward Points on every spend of Rs. 100 (1 RP = Re. 0.25)

Complimentary Lounge Access

Unlimited complimentary domestic as well as international lounge access.

- 2 free international lounge visits every year.

- 4 complimentary domestic lounge access every quarter by spending Rs. 5,000 in the previous quarter.

Other Benefits

- Exciting dining benefits under the Good Food Trail Program.

- Complimentary golf sessions on the basis of the cardholders' quarterly spends.

- Buy one get one free offer on movie tickets.

- Up to 20,000 bonus Reward Points every year as a milestone benefit.

Bottom Line

If we just look at the features and benefits of both these cards, they might look to be similar. But, there are quite a lot of differences between the two and one needs to compare the cards wisely before making the final decision. The Infinia Credit Card, which comes with a higher annual fee as compared to the Sapphiro Card, is an invite-only card and hence you need a really good credit score as well as a strong relationship with the HDFC bank in order to get it. On the other hand, anyone can apply for the Sapphiro Credit Card, which has limited but exciting advantages.

The Infinia Credit Card is a great choice for people who travel very frequently and want a credit card with unlimited free lounge access. However, those who are okay with limited free lounge access and want a super-premium card with a slightly lower annual fee should go with the Sapphiro Credit Card. None of these cards can be considered best for everyone. But, the choices may vary for different people on the basis of their requirements and spending behavior.

# data[].attributes.attachment_link.title
HDFC Infinia Vs ICICI Sapphiro Credit Card : Which Is Better?

# data[].attributes.attachment_link.description
With a number of premium credit cards available in the Indian market, it becomes quite challenging for some individuals to choose the best card for themselves. Two of the most popular credit cards in the premium category are the HDFC Infinia Credit Card and ICICI Bank Sapphiro Credit Card.

# data[].attributes.body
Credit card settlements can seem complicated, but they don’t have to be. By understanding your options, you can make an informed decision about how to manage your settlement.

# data[].attributes.attachment_link.readable_text
Credit cards work quite well when it comes to satisfying one’s immediate financial needs. If used wisely, we can enjoy the maximum benefits out of a credit card. A credit card enhances your purchasing power by allowing you to buy such things that otherwise you could not have thought of buying. But you have to keep in mind that you always have to pay back for all such purchases in time so that so you do not attract unnecessary charges to your account.

But sometimes, we overuse our credit cards to such an extent that we are not able to repay the amount that we owe to the credit card companies. Late payment and interest charges keep on accumulating on the outstanding amount and the total payable amount keeps on increasing. In such situations when the borrowers are unable to pay their credit card debts, they get in touch with the credit card issuers and request for the credit card debt settlement. Credit card debt settlement might seem similar to paying off your credit card dues but both the terms are different from each other.

Settling down a credit card debt is not considered as an appropriate way of repaying what all you owe to the credit card company and may have its own pros and cons. But before discussing the pros and cons, let us first understand what credit card debt settlement is.

Credit Card Debt Settlement: Meaning

Credit card debt settlement is an agreement between the customer and the credit card company that requires the consumer to pay a lump sum payment (which is less as compared to the total amount outstanding) with respect to the total dues or even allows them to pay the outstanding amount in EMI at reduced interest rates. The credit card issuing company thereby forgives a certain part of the outstanding balances and also adjusts the fees and financing charges. This process is generally undertaken when the outstanding amount gets really high and the customer is unable to pay the amount that he owes to the credit card company.

This amount keeps on increasing because late payment fee and interest charges are continuously accrued this amount because of non-payment. Credit card settlements are done in extreme cases only and are not promoted by the credit card issuers as this settlement badly ruins your credit score. Credit card settlement is the last option that should be considered by the customer for repaying the debt. Even if there are very few chances of you paying the credit card debt by any other means, like availing a personal loan, taking help from some relative, etc, you should consider these options first before opting for credit card debt settlement.

Where on one hand a credit card debt settlement helps a cardholder get out of the debt trap, on the other hand, it also has some drawbacks as well. Every process has its own positives and negatives and so does the credit card debt settlement. Let us now discuss the pros and cons of credit card debt settlement.

Pros of Credit Card Debt Settlement

1. Current credit obligations are eliminated

You pay the whole amount due in a lump sum form by opting for a credit card debt settlement. Since after settlement, all the amount is paid at once, you will be free from all the current credit obligations.

2. Helps you in avoiding bankruptcy

Bankruptcy is a situation where an individual voluntarily declares himself as an insolvent (i.e., unable to pay his own debts). When you are unable to pay your debts, declaring yourself bankrupt is the only option left with you to save yourself from the lenders. But by choosing the credit card debt settlement option, you can save yourself from bankruptcy.

3. Offers peace of mind

You will always be under stress and will be harassed by the credit card companies for not paying the credit card bills. Therefore, you can enjoy your mental peace when you have settled the credit card debt and you can then start to save for the future.

4. Reduction in the amount you actually owe

What happens in the credit card debt settlement process is when you place a request with the credit card companies for the debt settlement, they negotiate with you on the amount that you actually owe. It depends on your negotiating power as well as how much can you bring down the outstanding amount due to the credit card company. In this way, the amount you owe to the credit card company gets reduced and hence your overall burden also gets reduced. And if you the settlement amount in full, this can help you in stabilizing your finances.

Cons of Credit Card Debt Settlement

1. Credit card debt can be sold to collection firms-

Suppose you have placed the settlement request with the bank and the response of the bank is still pending on your request, so you stop paying the credit card bill while you await the bank’s decision. In this case, if your monthly payments are being skipped repeatedly, your debt will be sold to the credit collection firms, which gets even worse because these firms torture an individual alot by placing regular phone calls, frequent home visits, etc.

2. Will badly affect your credit score

Once your settlement request gets approved and you have paid for the settlement amount, this will be reported to the credit card bureaus by the lenders. And hence, now your credit card report will have the word ‘Settled’ instead of ‘Closed’ which is actually a strong word and will affect all your future loan applications and put them at risk. When a loan is termed as settled, it is considered as a negative credit behavior and your credit score will drop by approximately 75-100 points.

The credit card issuing company will write off the difference between the actual amount due and the actual amount paid as a loss and will report the same to the credit bureau. The word ‘settled’ will be indicated in your credit report for almost up to 7 years. When you will apply for any loan after the settlement, you will be considered as a low creditworthy person in the eyes of the lenders and will be extremely difficult for you to avail loan in the future. Hence, credit card debt settlement affects your credit score adversely.

What can be the other way out?

Placing a request for credit card debt settlement should be your last option. You should first explore the various options that you use for clearing out the debts.

Balance Transfer Credit Card

A great option that can be exercised when you have heaps of debt piled up in your name is to take advantage of the balance transfer credit cards. Balance transfer credit cards allow you to transfer the balance on one credit card to the other credit card with low-interest rates. Sometimes during the offer period, you can even get this offer at almost no interest rates. Hence, this option can be very useful if you sincerely want to pay off your credit card debts.

Check here: List of Best Balance Transfer Credit Cards in India

Apply for Gold Loan

Another way that can be considered for paying off credit card debt is by applying for a secured loan such as a gold loan. In this case, you have to keep your gold items such as ornaments as a collateral with the bank against which you will be provided with low. Gold loan is granted to the customers by obtaining very minimal documentation. With this amount, you can pay off your credit card bills and start paying the EMI against your Gold Loan.

Seek help from relatives-

You can also ask for financial help from your relatives. Then with this amount, you can pay off your credit card bills and then return the loan amount to the relatives as and when you have. An advantage of this help is that you will not be charged with any type of interest on this. This method should be considered before you apply for credit card debt settlement.

Bottom Line

Generally, credit card debt settlement is not a great idea. Firstly, if you are using a credit card, there should not arise a situation where you have you have so much of debt piled up. It is your prime responsibility to pay off your bills well in time. You should spend only that amount using your credit card which you are sure about that you can repay. Secondly, if you are stuck with heaps of debt under your name, you should try the other ways out such as a secured loan to pay off your credit card bills. Credit card debt settlement should be the last way that you should choose as it affects your credit score badly and makes it difficult for you to avail any loan in the near future.

# data[].attributes.attachment_link.title
How To Settle Credit Card Debt - Pros and Cons

# data[].attributes.attachment_link.description
How to settle credit card debt? - We are here with this complete guide to credit card debt settlement and its pros and cons. Get your answer here.

# data[].attributes.headline
See the comparison between the two top entry-level cards by ICICI bank. 

# data[].attributes.subject
See the comparison between the two top entry-level cards by ICICI bank. 

# data[].attributes.attachment_link.readable_text
When talking about basic ICICI Bank Credit Cards, the ICICI Bank Coral and ICICI Bank Platinum Chip Credit Card are among the most popular offerings by the bank. Both the cards are highly affordable and are targeted at people who are not having much experience in the field of credit cards. However, the Coral credit card comes with a few more advantages as compared to the Platinum Chip Card, but it charges a higher annual fee as well. The Platinum Chip Credit Card is a lifetime free card and comes with a decent reward program, whereas the Coral Credit Card comes with a nominal annual fee and provides its customers with some great benefits, including complimentary airport lounge access, exciting discount offers on dining, and many more.

When talking about the reward programs of the two cards, both of the cards earn you up to 2 Reward Points on every Rs. 100 you spend. So, there is not much difference between the cards when we consider their reward benefits. However, the Coral Credit Card also gives you an opportunity to earn up to 10,000 bonus Reward Points every year on achieving the spend milestone. Also, you can get the annual fee waived off every year (second year onwards) for this card and make it lifetime free for yourself. If you are looking for a basic credit card from the ICICI bank, you might be confused whether you should go with the Platinum Chip Card, which is lifetime free, or choose the Coral Credit Card that will charge you a nominal annual fee but will provide you with some exclusive benefits.

In this article, we will help you compare the two credit cards on the basis of different factors so that you can easily decide which one suits you the best. Go through all the information provided below in the article, compare the two cards carefully, and go with the one that fulfills most of your requirements with the least charges:

ICICI Bank Coral Credit Card

The ICICI Bank Coral Credit Card is one of the basic yet most popular offerings by the bank. It comes with an affordable joining/annual fee of Rs. 500 and provides its customers with an array of benefits across different categories. With this card, you can earn up to 4 Reward Points on every Rs. 100 you spend and you can redeem these points against an array of options of your choice. You can also earn up to 10,000 additional Reward Points every year on achieving the spend milestone. Moreover, you get complimentary airport lounge access to selected domestic airports. Talking about its entertainment benefits, you can avail of a 25% discount on movie tickets on BookMyShow & Inox two times every month. To understand the detailed benefits of the ICICI Bank Coral Credit Card, refer to the following points:

2 Reward Points on every retail spend of Rs. 100.

1 Reward Point on every spend of Rs. 100 on utility and insurance categories.

4 Reward Points on every online spend of Rs. 100 with the AmEx variant.

You get 2,000 Reward Points on spending Rs. 2 lakhs within an anniversary year. After this, you get 1,000 points for every spend of Rs. 1 lakh within the same year. The maximum points under this milestone benefit are capped at 10,000 points.

1 complimentary domestic lounge access every quarter on spending Rs. 5,000 or more in the previous quarter.

1 complimentary railway lounge access every quarter.

A discount of 25% up to Rs. 100 on movie ticket bookings on BookMyShow & Inox every month.

Up to 15% discount on dining with the ICICI Bank's Culinary Treats Programme.

Get the annual fee waived off by spending Rs. 1.5 lakhs or more in the previous year.

ICICI Bank Platinum Chip Credit Card

The ICICI Bank Platinum Chip Credit Card is an entry-level card that comes with a zero annual fee and is targeted at individuals who are new to the credit card world. With a similar reward rate as the ICICI Coral Card, this card also earns you up to 2 Reward Points on every Rs. 100 you spend. However, you don't get many additional privileges with this credit card, but it would be a great choice for those who want to start their credit journey with an affordable card with a decent reward rate. Following are the detailed features and benefits of the ICICI Bank Platinum Chip Credit Card:

2 Reward Points on every Rs. 100 spent on retail purchases.

1 Reward Point on every Rs. 100 spent on utility and insurance categories.

Up to 15% discount on dining at various participating restaurants.

1% fuel surcharge waiver at all HPCL fuel stations.

Comparison Between ICICI Bank Coral Credit Card & ICICI Bank Platinum Chip Credit Card

Rewards Rate
2 Reward Points on every spend of Rs. 100 on retail purchases.

1 Reward Point on every spend of Rs. 100 on utility and insurance spends.

4 Reward Points on every online spend of Rs. 100 with the AmEx variant.

2 Reward Points on every spend of Rs. 100 on retail purchases.

1 Reward Point on every spend of Rs. 100 on utility and insurance spends.

Reward Redemption
1 Reward Point = Re. 0.25 for redemption against various options including gifts and cashback.

1 Reward Point = Re. 0.25 for redemption against various options including gifts and cashback.

Additional Benefits
Get 1,000 bonus reward points every time you achieve a spend of Rs. 1 lakh within a year.

1 complimentary domestic lounge access every quarter.

1 complimentary railway lounge access every quarter.

25% discount on movie tickets on BookMyShow & Inox.

The annual fee is waived off on spending Rs. 1.5 lakh or more in the previous year.

Up to 15% discount on dining at several participating restaurants.

Bottom Line

After comparing the ICICI Bank Coral & Platinum Chip Credit Cards, you might have come to a final decision. If you are still not able to make your mind, you should first note down what all benefits you want to have with a credit card. If you only want to earn rewards on all your spends or you only want a zero annual fee credit card, you can go with the ICICI Platinum Chip Card. But, if you are looking for other benefits like complimentary lounge access, discount offers on movies & dining, milestone benefits, etc, you should choose the ICICI Bank Credit Card. This is how you can analyze your spending habits and then choose a credit card accordingly. We hope that this comparison article helped you make the right decision. If you still have sort of doubts, you can freely ask us in the comment section below!

# data[].attributes.attachment_link.title
ICICI Bank Coral Vs Platinum Chip Credit Card

# data[].attributes.attachment_link.description
When talking about basic ICICI Bank Credit Cards, the ICICI Bank Coral and ICICI Bank Platinum Chip Credit Card are among the most popular offerings by the bank. Both the cards are highly affordable and are targeted at people who are not having much experience in the field of credit cards.

# data[].attributes.headline
How To Avoid Paying Interest On Credit Card

# data[].attributes.subject
How To Avoid Paying Interest On Credit Card

# data[].attributes.attachment_link.readable_text
Nowadays, credit cards play a vital role in our financial lives as most of individuals consider it a basic need to have a credit card. What attracts customers the most is not only the credit limit but also the rewards and benefits that are offered by different card issuers. Almost everyone is aware of the advantages of having a credit card as long as one uses them responsibly.

However, not everyone knows how to use a credit card to get the maximum benefits out of it. Choosing the right credit card and earning rewards & bonuses is all good, but what comes next is to make the bill payments on time without any defaults. If you are a credit card user, you might be aware of all the charges associated with a credit card, including the interest rate. But, have you ever thought about how can you avoid paying interest on your credit card?

Many individuals, generally who don't use a credit card, believe that credit cards make you fall into a debt trap as there are heavy interest charges associated with them. But, it needs to be understood that you need to pay interest only if you don't pay your bills on time. Cardholders who are wise enough to use a credit card, make all the bill payments on time and don't pay any interest ever in their credit journey. Using a credit card gets you the maximum benefit only when you make the best use of rewards and avoid all the unnecessary charges like the interest rate.

Also Read: 4 Steps to Pay Off Credit Card Debt

Tips To Avoid Paying Interest On Your Credit Card

If you are not aware of how you can avoid paying the interest on your credit card, this article will help you understand the same. Following are some of the tips that you must follow to make the best use of your card by avoiding the interest charges:

Make Your Credit Card Bill Payments in Full Every Month

If you really want your credit card journey to be interest-free, this is the most important thing to be kept in mind. Credit Card issuers provide their customers with an interest-free period, which generally consists of 45 to 50 days. It consists of the 30 days of credit card billing cycle and then a grace period of 15-20 days. If you don't know what a grace period is, it is the time period that your card issuer gives you to pay your credit card bills. The Grace period can also be defined as the time period between the statement generation date and the payment due date. So, the interest is not accrued on your transactions instantly, but your card issuer gives you sufficient time to make the payment.

You might be thinking that paying only the minimum due amount is enough, which is one of the biggest credit card myths. If you pay only the minimum amount, you can avoid the late payment charges, but interest charges will be accrued on the rest of the amount. Therefore, to avoid the interest completely, you should try to pay your credit card bills on time and in full every month. If you don't pay your bills in full, the interest will not only.

Suggested Read: 7 Most Common Credit Card Myths Damaging Your Credit Score

Make Big Purchases At The Beginning of a Billing Cycle

As discussed above, no interest is charged on credit card purchases during the billing cycle and the grace period. If you are planning to make some big purchases with your credit card, it is advisable to make them at the beginning of a billing cycle. It is because you will get almost 50 days to pay your bills without any extra charges. For example, if your billing cycle starts on the 15th of May and ends on the 14th of June, and your payment due date is the 5th of July, you have an interest-free period of 50 days. Now if you make a big purchase on the 15th of May, you have more than enough time to repay the amount as the payment due date is the 5th of July.

On the other hand, if you will make the purchase in the middle of a billing cycle like on the 10th of June, you will be left with only 25 days to pay your bills. Sometimes, people don't keep this thing in mind and then find themselves unable to pay the bills in such a less time period and interest starts accruing on their outstanding amount as a result. Therefore, you should try to make the best use of the interest-free period to avoid paying interest on your credit card.

Convert Big Transactions Into EMIs

If you have spent a really big amount that is unable to pay all at once, it is never a good idea to carry the outstanding forward. It will not only invite interest charges, but you will also be unable to get the benefits of the interest-free period in the next billing cycle. You should instead try to convert your credit card bill into EMIs and then you can pay your bill easily in parts without getting your credit score hurt. However, always make sure to check a few things, like the processing fee, interest being charged, if no cost EMI is available, etc, before converting your bills. It will always be a good option if your card issuer is providing no-cost EMI, but if an interest is being charged on the same, make sure that its is not higher than the normal interest rate on your credit card.

Avoid Making Transactions That Are Not Eligible For Interest-Free Period

Also, to make the best out of your credit card, make sure that all the transactions you are making using your card are eligible for the interest-free period and you have enough time to repay them. Some transactions like cash withdrawal are not eligible for any interest free-period, i.e, if you have withdrawn cash using your credit card, interest will start accruing on it from the very next day. So, even if you are withdrawing cash from your credit card in an emergency, make sure to repay it as soon as possible to avoid heavy interest charges.

Bottom Line

If you are a credit card user and want to make get the maximum benefit out of your card, you need to make sure that you are using your card responsibly. Be wise enough to make most of your purchases at the beginning of a billing cycle so that you get sufficient time to repay your bills. Talking about the transactions, like the withdrawal, which are not eligible for an interest-free period, try to avoid them as long as you can. This is how you can avoid paying interest on your credit card.

# data[].attributes.attachment_link.title
How To Avoid Paying Interest On Credit Card?

# data[].attributes.attachment_link.description
Nowadays, credit cards play a vital role in our financial lives as most of individuals consider it a basic need to have a credit card. What attracts customers the most is not only the credit limit but also the rewards and benefits that are offered by different card issuers.

# data[].attributes.headline
How to Get Approved For a Credit Card With Bad Credit

# data[].attributes.subject
How to Get Approved For a Credit Card With Bad Credit

# data[].attributes.body
A low credit score generally means you cannot avail of credit facilities. But there are ways in which you can still get credit cards. Check out the link below for more information.
https://cardinsider.com/blog/h....ow-to-get-approved-f

# data[].attributes.attachment_link.readable_text
This fact cannot be denied that since the time credit cards have been introduced in the market, they have made an individual's life quite easier in respect to where they can purchase products that they immediately need and pay for them at a later date. But this feature of credit cards is also one of the main reasons behind the decline in an individual's credit score. Sometimes the individuals fail to pay the bill amount on the due date and hence it creates a negative impact on the credit score. A credit score is one of the major factors on the basis of which the banks decide whether or not they will issue a credit card to an individual. An individual who has a credit score of 750 and above is considered a good credit score and the individuals who possess this credit score are offered the best credit cards in the market.

Any score below 750 and above 600 is also a decent credit score and you may get a few options of credit cards that fall in this range. But any score below 600 is not considered a good score and it gets extremely difficult for you to get a credit card issued with such a score. Though it gets difficult, it is not impossible to get a credit card with a bad credit score. There are banks that offer a few credit cards which are to be issued to individuals who have a bad credit score. In this article, we will discuss the reasons behind a bad credit score and how to get approved for a credit card with bad credit.

Reasons for bad credit score

It is quite important for an individual to have a good credit score but it sometimes gets difficult to maintain a good credit score. The falling are the reasons because of why an individual might have a bad credit score -

Delayed bill payment is one of the major factors that affect your credit score adversely. All the bills and EMI's should be paid well in time if you want to maintain your credit score.

Whenever whether intentionally or unintentionally, if you make any default while paying your bills, it will have a negative impact on your credit score.

Sometimes, your credit card bills rise too much that it becomes difficult for you to pay off such bills, hence, you request the credit card issuer for credit card bill settlement. Now when your credit card bill is settled instead of cleared, it will again have a negative impact on your CIBIL score.

These are a few reasons which can have a bad impact on your credit score.

How to Get Approved for a Credit Card With a Bad Credit Score

A credit score is a major deciding factor behind the issuance of a credit card. If you have a good credit score, you will have a pool of options available out of which you can choose the best credit card for you. But if you have a bad credit score, it is very difficult for you to obtain a credit card, and even if you do get one, it will just be an entry-level credit card with some basic features and no value-added benefits.

Learn here: Everything You Need To Know About Credit Score

Apply for a secured credit card - The best and safest option for people who do not have a credit score or have a bad credit score is to apply for a secured credit card. A secured credit card is nothing but a credit card against a fixed deposit. All you have to do is to open a fixed deposit with the bank with which you would like to apply for a credit card. The bank will then issue you a credit card against your fixed deposit with a credit limit of 50% to 100% of the total value of the fixed deposit. You can then use this credit card to make your purchases and you will have to repay the bill on time so that it will help you in improving your credit score. Any default made towards the payment of the credit card will be recovered by the bank from the fixed deposit against which the credit card has been issued to you.

Apply for an add-on credit card - This is a good option if you have a bad credit score. For applying for an add-on credit card, you will need to have a primary applicant in your family. You can avail the advantage of having an add-on credit card through the primary applicant's account. The add-on credit card will have similar features and benefits as that of the primary card. But the credit limit will be shared now which means that after the issuance of the add-on card, the credit limit on the primary card will now be shared by the add-on card as well.

Read here: Why you should consider Add-on Credit Cards? Checkout the Features and Benefits

Bottom Line

Credit scores play a very important role in determining an individual's eligibility to have a credit card. On the one hand, where a good credit score enables an individual to choose from a variety of credit card options available, on the other hand, a bad credit score makes it difficult for an individual to even have a credit score. Though a few options like a secured credit card or an add-on credit card can be considered, these won't give similar benefits as compared to normal credit cards. Hence an individual should always try that his credit score does not get affected because of any of his inappropriate activities and he should adhere to the deadlines of the bill payments for a good credit score.

# data[].attributes.attachment_link.title
How to Get Approved For Credit Card With Bad Credit

# data[].attributes.attachment_link.description
This fact cannot be denied that since the time credit cards have been introduced in the market, they have made an individual's life quite easier in respect to where they can purchase products that they immediately need and pay for them at a later date.

# data[].attributes.headline
Credit utilization ratio: How does it work ?

# data[].attributes.subject
Credit utilization ratio: How does it work ?

# data[].attributes.attachment_link.readable_text
There are many factors that affect the credit score of an individual, but the most important among them is the credit utilization ratio. While many of us might have a fair understanding of this concept, few of us still remain untouched by this topic. We are not aware that what credit utilization ratio means and what impact it has on an individual's credit score. The credit utilization ratio could have a great impact on your credit score and any change in this ratio could have an impact on your borrowing power as well.

Credit Utilization Ratio - Meaning

The credit utilization ratio is the ratio between the balance on all your credit cards and your total credit limit across all your cards. By studying this ratio, the lenders gain knowledge on how much are you using from your total available credit limit. The more you spend through your credit cards, the higher will be the credit utilization ratio. Credit utilization is calculated in the form of a percentage. Generally, a credit utilization ratio equal to or below 30% is considered a good ratio. Now, if you have a total credit limit of Rs. 2 Lakhs, the total outstanding on your credit card bills should not exceed Rs.60,000 (i.e., 30%).

Your credit utilization ratio is considered by the credit rating agencies such as CIBIL to calculate your credit score. This ratio holds a 30% share in calculating your credit score. If this ratio is above 30%, it will have a negative impact on your credit score. But if this ratio is kept below 30%, it will portray a positive image of yours in the minds of the lenders and hence will further help you in availing of various kinds of credits such as a new credit card or any type of loan like a home loan, personal loan, etc.

How does the Credit Utilization Ratio affect your credit score

Calculation of credit score depends on 5 factors.
- Payment History - This accounts for 35% of your credit score
- Credit Utilization Ratio - 30% of your credit score is based on this ratio
- Length of Credit History - 15%
- Types of Credit - 10%
- New Credit - 10%

From this ratio distribution, it is very much clear that the credit utilization ratio plays a major role in deciding your credit score. It is the second most important contributing factor to your credit score.

Now, a high utilization ratio or rate indicates that you have borrowed much from the market and hence you might be having difficulty paying off your loans. The lender gets an indication of risk after having a look at the high credit utilization ratio. This in turn affects your credit score in a negative way and prohibits the lenders to extend any further credit to you. Therefore for a better credit score and increased credit opportunities, you should try to keep your credit utilization ratio as low as possible. On the other hand, your credit utilization ratio starts improving as soon as you start repaying your debts. The more you repay, the better the ratio will be.

Suggested Read: Your Complete Guide To Credit Score

How to calculate credit utilization ratio

While the credit utilization ratio plays an important role while determining an individual's credit score, hence every person should have knowledge about the calculation of the credit utilization ratio. For the calculation of the credit utilization ratio -
- Sum up the credit limits across all your credit cards
- Now total out the balances of all your credit cards
- Then divide the total balances by the total credit limit and multiply by 100
By doing this, you will get the percentage that will show the total percentage of credit that you have utilized through using all your credit cards.

Ways to reduce Credit Utilization Ratio

You need to have a low credit utilization ratio to avail further benefits such as enhanced credit limits, credit cards with better reward points, cashback deals, etc. The following steps can be undertaken to keep your credit utilization low -

Pay in full - Make sure that you repay the entire amount that you have spent through your credit card every month. Lingering the balances will just attract charges and interest towards them. With added charges and penalties, the outstanding amount will keep on increasing, hence affecting your credit utilization ratio. Therefore, try to pay the maximum you can towards your debt and keep your balances as low as possible.

Spend within the limit - You should always follow the rule of using your credit limit below 30% only. Having a credit card with a good credit limit does not mean that you have to use the whole of that limit. You always have to keep in mind that you have to utilize only 30% of that limit and you have to manage your expenses accordingly. Now if you have bypassed the ratio of 30% on a credit card, you will have to avoid using your other credit cards till the time you repay the existing debts or you will have to pay the least possible amount to bring down the ratio to below 30%.

Credit Limit Enhancement - If you have a good CIBIL Score, you can get your credit limit enhanced by placing a request with your respective banks. After approval, when your credit limit increases, this will help you in getting a low credit utilization ratio based on the condition that you do not increase your spends after getting a credit card with higher credit limits.

Avoid using all credit cards at once - You should avoid using your all credit cards together to achieve a low credit utilization ratio. You can keep a few of your credit cards unused for a few months if that is possible. By not using these credit cards for a few months, and paying bills regularly for the cards that you have already used, your available credit limit will start increasing and hence result in a low credit utilization ratio.

Bottom Line

The credit Utilization ratio - which depicts the total credit limit that you have used using your credit cards, plays a very influential role in determining an individual's credit score. Maintaining a low ratio is important to have a good credit score. Though it is prescribed to keep your utilization ratio below 30%, having a little over it will not be a huge deal. Keeping the credit ratio as low as possible will help you in achieving a good credit score and will further help you in availing credit cards with enhanced features and will open the door for other various credit

# data[].attributes.attachment_link.title
Credit Utilization Ratio: How Does it Affect Credit Score?

# data[].attributes.attachment_link.description
There are many factors that affect the credit score of an individual, but the most important among them is the credit utilization ratio. While many of us might have a fair understanding of this concept, few of us still remain untouched by this topic.

# data[].attributes.headline
In this podcast you will learn about How to Redeem HDFC Bank Credit Card Reward Points.

# data[].attributes.subject
In this podcast you will learn about How to Redeem HDFC Bank Credit Card Reward Points.

# data[].attributes.body
Using a credit card is one of the easiest ways to shop online and get the product you need. With the use of a credit card, you not only get the product you want but, you can also earn some extra rewards that you can redeem for other products later on.

Click on the link to get full information:

https://cardinsider.com/blog/how-to-redeem-hdfc-credit-card-reward-points/

# data[].attributes.attachment_link.readable_text
HDFC Bank offers a plethora of reward points when it comes to shopping through your HDFC Bank Credit Card. The cardholders are rewarded with reward points to make spending through credit cards a better experience for them. Each of the credit cards that HDFC Bank offers, lets you earn numerous rewards points against the spends made using that card. The reward points hence earned are credited into your credit card account and you can redeem your HDFC Credit Card points whenever you feel like against various options available such as e-Vouchers of various brands, discount coupons, air miles, and even convert the reward points into cash.

HDFC Bank has partnered with various brands, food outlets, hotels, retail stores, airlines, etc to provide its customers with multiple options to redeem their HDFC credit card reward points. Keep reading the article to know more about how to earn these rewards points and further what are all the ways and products against which you can redeem the reward points that you have earned.

HDFC Credit Card Reward Points - How to earn

HDFC Bank credits your account with rewards points on every purchase that you make with your HDFC Bank Credit Card. These reward points vary from card to card and also the minimum spending amount for earning rewards points can be different from one card to another. Similarly, the reward points earned can be redeemed for cash value, or against products and vouchers that are available on the HDFC Bank Rewards Catalogue.
On the basis of the type of credit card that you own, you can strategize your expenses and earn maximum reward points.

The reward points can be generic and on the basis of your spending as well. For example- HDFC Bank Regalia Credit Card lets you earn 4 Reward Points for every Rs. 150 spent through this card. (This is a generic reward point earning) but HDFC Bank Moneyback Credit Card lets you earn 4x Rewards Points for every Rs. 150 spent on online transactions using this card. (This is a spend-based reward point earning). Hence, you can first have detailed knowledge about the cards and then choose one on the basis of your spending behaviour. Keep reading to know how to use HDFC credit card reward points against several categories:

Credit Cards that provide generic reward points

These credit cards provide you with reward points for all the spends made through your credit card. Now we shall discuss those cards which will provide you with accelerated reward points depending on where you spend through your card -

HDFC Bank Credit Card

Reward Points

HDFC Freedom Credit Card

10x CashPoints while spending on Big Basket, BookMyShow, OYO, Uber & Swiggy

5x CashPoints on EMI spends at merchant locations

HDFC MoneyBack Credit Card

2x Reward Points on all online spends

HDFC Bank Diners Club Rewardz Credit Card

10x Reward Points on shopping through partner brands

These credit cards provide you generic rewards points but in addition, they provide you with reward points at an increased rate if the amount is spent in a particular category using these cards.

How to Redeem HDFC Credit Card points?

An important point to take care of in case of redemption of reward points is that these points are not valid for a lifetime. These points come with a validity period and hence should be redeemed within that time. Generally, HDFCBank credit card reward points are valid for redemption over a period of 2 years. Hence, you should check the Terms and Conditions page on HDFC Website to have a clear knowledge about the same.
The second important point to note is that you should have a minimum of 500 Reward Points in your account before you place a redemption request. You will not be able to redeem any reward points which are less than 500. We have the following options available in which the reward points can be redeemed -

The earned reward points can be redeemed against the products and vouchers present in the HDFC Bank Rewards Catalogue. The products chosen will be delivered to your doorstep.

The points can be converted into AirMiles and then can be used to buy air tickets.

The points can also be redeemed against cash. The cash value of the reward points will be credited to your account.

The points so earned can be redeemed in 2 different ways - Through Online mode or Through Offline mode.

Online Mode

Online mode is the most sorted method of redeeming reward points. You do not have to call any customer care number or visit any bank branch to get your points redeemed.
Steps to redeem HDFC credit card reward points through online mode -
You will first have to register your credit card with HDFC Bank NetBanking in order to enable yourself to redeem the reward points that you have earned. Once you have registered yourself, you can follow the below-mentioned steps for redemption.
Against Products or Vouchers -

Login to your HDFC Net Banking using your Customer Id and password

Click on the 'Cards' tab after logging in to the portal

Now go to the 'Enquire Tab' under the Credit Card option on the left-hand side of the page

Select 'Rewards Redemption'

Select your credit card number and click continue. Once you click continue, you will be redirected to an Online Redemption Portal Home Page

On the home page portal, click 'Click on Redeem Reward Points' and then select the number of reward points you want to redeem

Select the product that you want from the pool of products available in respect of your reward points and add them to your shopping cart

Mark a tick on the box mentioned against the 'Terms and Conditions and click on 'Redeem' to complete your purchase.

Remember to note down the Redemption Order Number in case of any queries and complaints. The selected items will then be delivered to your communication address that is registered with the bank. If in case you want to change the address to which the products will get delivered, you will have to place a request with the HDFC Bank Credit Card Customer Care. If you had purchased a voucher with your reward points, make sure to redeem the voucher before its expiry date.

How to Redeem HDFC Credit Card Points in Mobile app?

If you want to use your HDFC Credit Card Reward points via the HDFC bank mobile app, you can proceed further for it as follows:

- Download the HDFC Bank mobile app on your device (if not already done).
- Register/login to the app using your credit card registered mobile number.
- Click on the option Cards.
- Select your Credit Card for which you want to redeem the reward points.
- Scroll down to the end of the page and click on 'Redeem Reward Points.'
- Proceed further by selecting the category and number of reward points to redeem.

Steps to Redeem HDFC Credit Card Reward Points through offline mode

For the citizens who do not use net banking, credit card rewards can be redeemed through form as well. All you have to do is to download the Reward Redemption Form from HDFC Bank's website. Take a printout of it and fill in all the required details. Finally, mention your name and date on the form and put your signature on the form. You can now post the filled form at the address mentioned on the form itself.

How To Check HDFC Credit Card Reward Points?

You can check your HDFC Bank Credit Card Reward Points via net banking or the HDFC Bank mobile app. You will have to follow a few simple steps as follows:

- Log in to the HDFC Bank internet banking website.
- Now, click on 'Cards.'
- Under 'Credit Cards,' click on 'Inquiry.'
- Select the card for which you want to check the reward points and continue.
- The number of Reward Points will be shown on your screen.

You can also check the number of your earned Reward Points by calling the HDFC Bank Credit Card customer care.

How to Convert HDFC Reward Points to Cash?

Login to your HDFC Net Banking with your Customer Id and password

Now select the 'Cards' Tab. After this go to the 'Enquire' Tab under the Credit Card option mentioned on the left side of the page

Click on Rewards Redemption. Choose your credit card number and hit continue. You will then be redirected to the home page of Reward Redemption Portal

Go to Reward Points and then select Cash Redemption.

Select the number of points you want to redeem and click on Proceed

The amount will hence be credited to your account within 7 working days.

Redemption Process For HDFC Bank Co-Branded Travel Credit Cards

HDFC Bank offers three co-branded travel credit cards in partnership with intermiles.com. These cards are: InterMiles HDFC Signature Credit Card, InterMiles HDFC Diners Club Credit Card, and InterMiles HDFC Platinum Credit Card.

The rewards earned from these co-branded credit cards are credited to your account in the form of InterMiles which can be redeemed against flight and hotel bookings and against various categories present on the InterMiles website such as products, dining, gift vouchers, etc. You are required to follow the below-mentioned steps to redeem your InterMiles :

Login to www.intermiles.com using your registered mobile number

Go to the option redeem miles

You will find various options such as flight, hotels, fuel, vouchers, etc to redeem the miles that you have earned

Select the option wherein you want to redeem your miles. The value of miles may differ from option to option.

Bottom Line

Offering reward points for every purchase made through the HDFC Bank Credit Cards is one of the main features that the bank extends to its customers. The rewards points can be earned every time you swipe your card at a store or use it online for either purchasing grocery, or goods or shopping, dining, etc, and even for paying your bills. As easy as it is to earn the reward points, in the same manner, it is a very smooth process to redeem HDFC Credit Card Points. The points can be redeemed against various categories based on your convenience. You can even redeem your reward points for cash and can further use them to pay your bills.

# data[].attributes.attachment_link.title
How to Redeem HDFC Credit Card Reward Points - Cardinsider

# data[].attributes.attachment_link.description
HDFC Bank offers a plethora of reward points when it comes to shopping through your HDFC Bank Credit Card. The cardholders are rewarded with reward points to make spending through credit cards a better experience for them. Each of the credit cards that HDFC Bank offers, lets you earn numerous rewards points against the spends made using that card.

# data[].attributes.headline
Is It Worth Paying An Annual Fee For a Credit Card?

# data[].attributes.subject
Is It Worth Paying An Annual Fee For a Credit Card?

# data[].attributes.body
In this post you will learn Is It Worth Paying An Annual Fee For a Credit Card?

If your credit card has an annual fee, you’ll generally see the charge added to your statement once a year, on the month of your account anniversary. Then, you can simply pay the fee along with your balance.
Most commonly, premium travel and rewards cards with plenty of added benefits charge annual fees.

Click on the link to know more: https://cardinsider.com/blog/is-it-worth-paying-annual-fee-for-credit-card/

# data[].attributes.attachment_link.title
Is It Worth Paying Annual Fee For Credit Card?

# data[].attributes.attachment_link.description
Is It worth paying annual fee for credit card? What happens if you don’t pay the annual fee? - Read on this post to know in brief.

# data[].attributes.headline
 Does Having Multiple Credit Cards Affect Your Credit Score?

# data[].attributes.subject
 Does Having Multiple Credit Cards Affect Your Credit Score?

# data[].attributes.body
The effects of owning multiple credit cards on your credit report and credit score largely depend on your financial behavior, i.e. how sensible you use your credit cards. it does not matter how many credit cards you have, you have to maintain your credit balances low and always pay your credit card bill on time.

# data[].attributes.attachment_link.readable_text
Credit cards not only extend credit to their users but also provide them with the privilege to repay the debt in full or in installments as per their convenience. Credit cards prove to be the most influential and useful financial tool when it comes to making huge purchases or paying for bills in emergencies. Credit cards have always come to the rescue of its owners. It allows you to spend more than what you have in your pocket. But in order to gain the benefit of these advantages, you need to make use of your credit card in an appropriate manner. The dues aligned with the credit card can be paid off in many ways and one out of these ways is in the form of Equated Monthly Installments (EMI). Yes, credit card dues can be paid in the form of EMIs, which makes it a bit easier for the credit cardholder to clear off his debt. So in this article, we will discuss what credit card EMI is and how does a credit card EMI works.

Also Read: 4 Steps to Pay Off Credit Card Debt

Credit Card EMI

Credit Card EMI (Equated Monthly Installments) is one of the most popular payment methods these days. With this method, you can easily settle the outstanding amount on your credit card in fixed installments every month, just like you pay for any other type of loan such as a personal loan, home loan, etc. Additionally. you have the advantage of purchasing your favorite products which are beyond your purchasing power and paying for them in the form of EMIs over a tenure of 6 months, 9 months, 12 months, 24 months, or even 36 months.

How does a credit card EMI work?

Credit cards can prove to be a great financial tool in case of emergencies but can make you careless as well. With credit cards, you may tend to spend more than what you actually have and end up being in a debt trap. But credit card EMI's can prove to be very helpful in such a situation. Now, generally, when you purchase through a credit card, you are granted an Interest-free period of 40-55 days within which you have to repay the amount with which you had made the purchases, and no interest will be charged on such purchases if repayment is made within this time frame. But sometimes it is not possible for everybody to repay the full amount within this time frame. Hence, the bank offers you a scheme where you can convert your amount of purchase into EMI which will then become easier for you to repay the debt amount.

These banks offer these EMI schemes to you in alliance with a merchant but for that, you will have to spend a minimum amount as directed by the bank using your credit card. While making the payment, you can opt for the EMI Scheme and choose within how many installments you can repay the amount of purchase - 3 months, 6 months, 12 months, 24 months, or 36 months. But an important point here to note is that your credit card limit will be reduced by the amount for which you have made the purchase. The limit will be reduced by the principal amount and not the whole amount which includes the interest amount as well. The whole amount (principal + interest) is then divided into equal monthly installments on the basis of the number of months you choose.

Types of Credit Card EMIs

Now, these credit card EMIs come in two different types -

No cost EMI - It is a type of EMI plan in which you just pay for the price of the product in the form of EMI. No interest is charged on such type of plan. You have to pay no additional costs along with the purchase price of the product. Since, as per RBI, loans cannot be provided interest free, hence an upfront discount is given to you which is equal to the amount of interest for that period of time.

EMI on reduced rate of interest - These EMIs are provided to you at a lower rate of interest as compared to the interest charged on missing a payment. It is like converting your outstanding credit card bill into EMI at a reduced rate for which the bank will charge a processing fee from you.

Benefits of Credit Card EMIs

Although it is always advisable to pay your credit card bill in full every month, there is no harm in converting it into EMIs if the amount is really high to be paid in one month. The following are the benefits of Credit Card EMIs:

Easy Repayment - The purchasing power of an individual is increased if he has a credit card in his pocket. But if not used wisely, it can put you in a debt trap as well. But sometimes, the overdue amount is so much that you are not able to pay it in full and hence the amount keeps attracting interest charges as well. This is where EMI comes into existence. When you are short of liquid funds to pay off the credit card debt, you can always opt for converting this amount into equated monthly installments for a tenure of 3 - 36 months. With this, the burden of paying the whole amount at once is distributed over several months and hence saves you from paying interest fees and late payment charges.

Low interest rates -You are charged with high interest rates (up to 3.6% per month) if you fail to repay the amount within the due date. But if you convert your credit card bill into EMI, the interest rate will be reduced. This will hence result in reducing your monthly financial burden.

No prior approval required -You do not need any prior approval from the bank to avail this facility. All you have to do is to check whether this facility is available on your credit card or not. If it is available, you can request your respective bank to convert your outstanding dues into EMIs and can then start paying the installment amount on the due dates. You do not need any approval likewise it is required in other types of loans such as home loans, personal loans, etc.

Helps in improving your credit score -With EMI, your bill is divided into equal installments, which is very much easier to pay than paying the full amount all at once. Inability to pay the full amount in time will attract you late payment charges and will also negatively impact your credit score. If you have EMIs activated on your credit card, you will be comfortable in paying the installment amount in time, and hence it will help in improving your credit score.

Exclusive offers -Merchants collaborate with the credit card issuing companies and provide with you with exclusive offers on the purchase of products through credit cards on EMI. Many products such as mobile phones, watches, etc are covered under this offer.

Bottom Line

Usually purchasing products through EMI is quite instant and is the conversion of the outstanding bill into EMI but the latter one sometimes may take a few days for processing. While you purchase a product through EMI, a part of your credit limit will temporarily be blocked for a certain period of time but will start releasing as soon as you start paying your installments. Now if you have incurred a high debt under your name and you are not able to repay it, it is better that you convert the outstanding debt in EMIs and start paying the EMI amount on regular basis to save yourself from the vicious debt circle which will further badly impact your credit score.

# data[].attributes.attachment_link.title
Credit Card EMI : How Does It Work and Its Benefits

# data[].attributes.attachment_link.description
Credit cards not only extend credit to their users but also provide them with the privilege to repay the debt in full or in installments as per their convenience. Credit cards prove to be the most influential and useful financial tool when it comes to making huge purchases or paying for bills in emergencies.

# data[].attributes.headline
In this post you will learn about if we does having multiple credit cards affect your credit score?

# data[].attributes.subject
In this post you will learn about if we does having multiple credit cards affect your credit score?

# data[].attributes.body
Credit scores factor in the average length of time you've had credit — not the age of your oldest account. Therefore, every new credit card you open decreases the average length of your credit history. While new card accounts often lower your credit score about five points, it typically rebounds in a few months.

Click on the link to get full information: https://cardinsider.com/blog/does-having-multiple-credit-cards-affect-credit-score/

# data[].attributes.attachment_link.readable_text
Credit Cards are great financial tools providing security and convenience to cardholders. Credit cards come in very handy when an individual is out of cash or does not want to carry cash along when going out for some shopping. They can prove to be very helpful when you have to purchase high-value products as they allow you to purchase the product and pay for it later either in full or in installments. Also, they are quite accommodating while you are traveling as you do not have to worry about loss or theft of cash. And in unfortunate circumstances, where your credit card might get stolen, you can avail the benefit of zero lost card liability wherein you will not be responsible for any unwanted transaction taking place through your credit card. Because credit cards provide various benefits, we tend to have more and more credit cards for our convenience. But to have credit cards, an individual needs to have a great credit score. But the question that arises is does owning multiple credit cards affect your credit score?

Having a credit card is one of the easiest ways for an individual to start building a credit score. Once you have built a good credit score, you start getting eligible for better credit cards that offer better rewards and various value-added services to an individual. Getting attracted by all such features, an individual starts applying for multiple credit cards but lesser does he knows that owning multiple credit cards might have an impact on their credit scores. Having multiple active accounts can be quite challenging to control your spending pattern and have track of all the due dates of your multiple credit cards. Let us now understand in what ways can a credit score be affected.

How can multiple credit cards affect your credit score

Access to more credit

With added credit cards in your pocket, you have the access to more credit. This is because, with every new credit card that you will get, you will have an additional credit limit. Now, this can affect your credit score both in positive and negative ways. If an individual overuses the available credit limit, the Credit utilization ratio will increase and hence will impact their credit score in a negative way. But on the other hand, the extra credit limit can be a great way of improving your credit score only if you continue to spend in the same pattern in which you used to spend earlier.

Multiple due dates

The repayment pattern is one of the most important aspects of determining an individual's credit score. Any delay in the repayment of credit card bills would lead to a decline in credit scores. When an individual has more than one credit card, it becomes a little difficult to manage the due dates of all the credit cards. So, to maintain the credit score, either the cardholder should take care of all the due dates or set an auto-payment option at least for the minimum due amount on all the credit cards or get ready to face a decline in your credit score if you make any default while repaying the your credit card bill.

Increase in the number of credit inquiries

When you place an application for a new credit card, the card issuer will perform a hard inquiry on your credit history, which will hence be reflected in your credit report. This inquiry will lower your credit score irrespective of the fact that you get approved or denied of the credit card application. Though this may not have an impact for a long time on your credit report but will have it significant short-term impact.

Bottom Line

Having credit cards and maintaining the ones that you have is a good thing. You should go for multiple credit cards only if you will be able to maintain them. But if you become lenient towards handling these credit cards, they can have a bad impact on your credit score. Conditions like overutilization of credit ratio, delayed payment of credit card bills, hard inquiries, etc can lead to a loss in your credit score. But if used in a wise way, they can also help you in improving your credit score. It is not always that numerous credit cards will have a bad impact on your credit score. You have to be very well planned and proper management is required to own multiple credit cards.

# data[].attributes.attachment_link.title
Does Having Multiple Credit Cards Affect Your Credit Score?

# data[].attributes.attachment_link.description
Credit Cards are great financial tools providing security and convenience to cardholders. Credit cards come in very handy when an individual is out of cash or does not want to carry cash along when going out for some shopping.

# data[].attributes.body
Digital wallets — from popular options like PayPal to retailer apps that allow shoppers to use a saved card through an app — offer an easy and contactless way to use credit cards. And these days, most credit cards still earn their regular rewards when used through any of the top mobile wallets like Apple Pay, Google Pay and Samsung Pay.

Click on the link to know more about best credit cards for digital wallet :

https://cardinsider.com/blog/best-credit-cards-for-digital-wallets/

# data[].attributes.attachment_link.title
Best Credit Cards for Digital Wallets | Card Insider

# data[].attributes.attachment_link.description
Best Credit Cards for Digital Wallets - Check out the list of credit cards on which you can earn Reward Points/cashback even on mobile wallet reloads.

# data[].attributes.body
So, in this post you will learn about HDFC Bank Add-on Credit Cards.

Credit Cards have proven to be very useful. For one, it can allow you to borrow a large funds from the lending institute, if the needs arises on a short notice. Moreover, it allows you to get special offers and collect Reward Points with each purchase you make on the card.

However, you first need to satisfy certain qualifications before you can be eligible to apply for one.

Click on the link to know about the hdfc bank add-on credit cards:-https://cardinsider.com/blog/hdfc-bank-add-on-credit-cards/

# data[].attributes.attachment_link.readable_text
Credit cards are one of the best financial instruments ever made, as they not only allow you to use the privileges it provides but also impart access to short-term funds if the need arises. For years, the credit card industry has changed and many new credit cards with world-class features have been introduced. But some things have remained the same, like the financial position of a person and credit score requirements. This acts as a barrier for individuals with low starting income and students who can not enjoy the privilege of credit cards. Though there are few cards designed for such individuals but the choices are limited and the benefits are also limited.

This is where the Add-on cards come into the picture. The Add-on cards, also known as Additional Cards are issued against the primary credit card. These cards can be issued to the family members of the primary cardholder and the card provides the same benefits and privileges as the primary card. The process to get the Add-on card is very easy and moreover, these are issued without any charge. The HDFC Bank offers Add-on cards for the family members of the primary cardholder so that they can also enjoy the privileges and the benefits. So if you are already holding an HDFC credit card but don't know how to apply for an add-on card for your family members, then you have come to the right place. In this article, we are going to talk about everything you need to know about HDFC Add-on credit cards, their features, eligibility criteria, charges if any, documents requirements, and at last how to apply for Add-on Cards.

Features of the HDFC Add-on Cards

The features and Benefits of an Add-on card are similar to that of the primary card. The same privileges and also the same reward rate is shared with the Add-on cardholders. However, they are some things that come with the Add-on cards, which are:

The Additional cards can be used by the add-on members for international transactions as well.

The transactions done with the additional cards would get the same reward rate as the primary card and the cardholder can redeem the same as per their choice.

The primary cardholder has full access to the Add-on cards. Therefore, they can manage the card and also keep a track of transactions on the same.

The credit limit for the Add-on cards can be set by the primary cardholder. The primary cardholder can also change the limit for a cash advance, online purchases, and more anytime. The bank may also intervene for the limit on the add-on cards.

All the bills and monthly statements for the Add-on card are sent to the primary cardholder. Therefore, the primary cardholder will be liable to make payments on behalf of the Add-on cardholders. Also, note that any late payment for the add-on card will impact the credit score of the primary cardholder only.

The add-on card members can also avail the airport lounge benefit with the primary cardholder, provided that such benefit is offered with the primary card as well.

Fees and Charges for HDFC Add-on Credit Cards

The fees and charges applicable for any HDFC Add-on credit card are similar to the primary card. Therefore all the charges on the card like finance charges, cash advance fees, late payment fees, etc. would be the same as the primary card. However, the Annual charges for the HDFC Add-on cards are completely zero as the HDFC Add-on cards are lifetime free. For example, if you apply for the Add-on HDFC Regalia credit card then the charges for the card would be similar to the primary Regalia card. For better understanding following is the table that summarizes some of the charges applicable on the regalia card, which would also be applicable for the Regalia Add-on card:

Charges on Revolving Credit

3.49% per month (41.88% annually)

Cash Advance Fee

2.5% of the amount withdrawn or Rs. 500 (whichever is higher)

Rewards Redemption Fee

Rs. 99 Per redemption

Foreign Currency Markup

2% of the transaction amount

Cash Advance Limit

40% of the Credit Limit

Eligibility Criteria for HDFC Add-on Credit Cards

The Eligibility Criteria to apply for the HDFC Add-on credit card are very basic but also important. Following are some points you must keep in mind before applying for the Add-on card:

- The applicant for the Add-on card must be above 18 years of age.
- The applicant must be related to the primary cardholder.
- The Primary cardholder must maintain a good credit score.
- The applicant must have the consent of the Primary cardholder.

Documents Required for HDFC Add-on Credit Cards:

To apply for the HDFC Add-on credit card, the Bank may ask for certain documents that would be required to issue the card. However, if the applicant already has a bank account in HDFC, then the process becomes very easy and the bank may not ask for any document or the requirement for the documents becomes very minimal. But, if the applicant does not have an account in HDFC then the following are some of the documents that are asked for

Photo ID proof: PAN Card, Passport, Student ID Card, Voters ID, Ration Card, Company ID Card, and Passbook.

Address proof: Passport, Driving License, Telephone/Electricity Bill, Bank account statement, Voter ID, Gas Bill, and Water Bill.

How to Apply for HDFC Add-on Credit Card

After ensuring that you are eligible for the Add-on card and preparing the required documents, now is the time to apply for the HDFC Add-on credit card. To apply for the card, the applicant has two ways. The first way is for those applicants who already have a bank account in HDFC Bank and the other way is for those who do not have an account with the Bank.

Applying with the Bank Account:

If the applicant already has a bank account in the HDFC Bank, then they can apply for the Add-on Credit card online on HDFC Netbanking. The process of applying online is very simple and fast via Netbanking:

- Login to NetBanking
- Go to the Cards page
- Search for the Transact and click on it
- Click on request Add-on card
- Follow the instructions and add the details asked.

Applying without the Bank Account:

If the Applicant does not hold any account with the HDFC Bank, then they need to visit the HDFC Branch. But first, you must download the Add-on card application form, print it out, and fill it with all the details asked. Then you need to submit the form to the nearest HDFC branch along with the documents asked by the Bank.

HDFC Add-on Credit Card PIN generation

The PIN for the Add-on credit card is sent to the cardholder along with the Add-on card. The PIN for the card will be different from that of the primary card. If you want to change the PIN for your Add-on card, then the process is very simple. Following is the way by which you can change your HDFC Add-on Credit card PIN:
Through ATM:
- Call customer care to get the OTP on your registered mobile number for PIN generation at the ATM.
- Insert your Add-on credit card at the HDFC Bank ATM and choose to Create a new ATM PIN using the OTP option
- Enter the OTP received on your mobile
- Set your 4-digit PIN.

HDFC Credit Cards that offer Add-on Credit card Facility

There are many HDFC Credit cards offered by the HDFC Bank that come with the Add-on Credit card facility, following are some of such cards that offer great benefits and must be considered:

Bottom Line

Add-on cards is great facility for pimary cardholders as they can provide the benefits of a credit card and also offer financial freedom to their family member. The additional cards are very beneficial for the students and also for youngsters with new job as they have no or little income. With add-on card, cardholders can enjoy the same benefits as the primary card. Also, with more than one card in family, the milestone benefits can also be achieved quickly.

# data[].attributes.attachment_link.title
HDFC Bank Add-on Credit Cards : Fee, Eligibility & More

# data[].attributes.attachment_link.description
Credit cards are one of the best financial instruments ever made, as they not only allow you to use the privileges it provides but also impart access to short-term funds if the need arises. For years, the credit card industry has changed and many new credit cards with world-class features have been introduced.

# data[].attributes.headline
Uni Card vs Slice Card: Know The Difference

# data[].attributes.subject
Uni Card vs Slice Card: Know The Difference

# data[].attributes.body
In this post you will learn about the difference between Uni Card vs Slice Card?

Both Slice and Uni are Lifetime Free (LTF). No joining and annual charges. Slice offers better rewards than Uni. We can get up to 2% cashback on Slice plus additional savings with Slice Sparks.

Click on the link to know more: https://cardinsider.com/blog/uni-card-vs-slice-card-difference/

# data[].attributes.attachment_link.readable_text
The Buy Now Pay Later (BNPL) market has been in trend for the past couple of years. Though the concept appears to be similar just like traditional credit cards, however, they are not the same. The BNPL cards are newly emerged Fintech cards that work on a short-term credit line concept. The concept merged with the financial cards and the Buy Now Pay Later cards came into the picture. With these cards, you can avail a service or you can purchase a product on spot and you do not need to pay for the goods or services you used immediately.

With the help of your BNPL card, you can settle the payment in parts. People believe that these Fintech cards work just like the other credit cards. Well, they do have similarities but they are not the same. With traditional credit cards, you have to do lots of paperwork, but with some BNPL cards, you don't even require a credit score. Also with credit cards, you only get an interest-free period of just 20 to 45 days, but with these new generation cards, you can settle your payments in 90 days.

Today, we are going to talk about the most famous Fintech cards that have changed the way of payments, credit cards, and the trend of the market, the UNI card and the Slice card. Both these fintech cards are very popular as they allow you to enjoy the product or service now without worrying about making a prompt payment. Also, it is very hard to draw a line between these two as they both offer exciting features. Still, we tried to compare both the Fintech cards.

UNI Card and Slice Card: The Basic Information

The UNI Card as mentioned is a Buy Now Pay Later Card that allows you the ability to use a product or to avail a service now and settle your payments later. The cardholder can divide payment into three equal parts and therefore can be paid in the next three months of the purchase date. With the Uni card, you do not need to pay back and settle the transaction within a month, as you have to with credit cards. Rather, you can split your payment into three equal parts installments. The great part is that you don't have to pay any extra costs with your monthly payment. You just pay back the 1/3 value of the product or service you used. Also, there is no Annual fee for the Uni card, this makes the card lifetime free. Moreover, you do not pay any finance charges on your Installments and also on late payments, but the late payment charges do apply.

The Slice card, on the other hand, is also a Buy Now Pay Later card which does not charge any Joining or Annual fee. Therefore, the Slice card is also a lifetime free card. The card offers exciting reward points called monies that can be redeemed for cashback. Moreover, with the Slice card, you get tons of discount offers for many popular merchants like Zomato, Big basket, Netflix, Swiggy, and many more. The card is a Visa-branded card and is accepted at all the outlets across India. You can grab all these without any requirement of a credit score and much paperwork.

Both these Fintech cards are very popular as they have changed the way of doing payments and are growing and becoming more popular among millennials. Let's discuss in more detail the features and benefits that these cards offer so that you can choose between them.

The Uni Pay 1/3rd Card

The Uni pay 1/3rd Card is a Buy Now Pay Later Card offered by the Uniorbit Technologies. The card is a Visa Branded card issued in partnership with the RBL Bank, SBM Bank, and the NBFC partner Liquidoans. The card is accepted by around 99.9% of merchants all over India. As the name suggests, the Uni Card allows the cardholder to split their monthly spending into three equal installments that can be paid over the next three months. You do not need to pay any extra charge or any finance charge on the installments. Moreover, the card does not charge any Joining or Renewal Fee, which makes it a lifetime-free card. With the Uni card, you can afford expensive products without worrying about their payments. You do not need to pay the entire amount on the billing date, rather, you have the option to pay off your bill in three installments over the next three months. Also, if you decide to pay the entire amount in one go, then it has its advantages. The following are the details and features that come along with the Uni Pay 1/3rd Card:

The Uni Pay 1/3rd Card is a Life time free Card that does not charge any type of Joining or Annual fee. There are no hidden charges related to the renewal fee that you have to pay.

The card welcomes you with an elegant box delivered to your doorstep. The box contains a chocolate bar, a mask, a personalized baggage tag, and the Uni card itself.

The main feature of the Uni card is that it provides you the ability to use and purchase expensive items without being concerned about the payment. Being a Buy Now Pay Later (BNPL) card, it offers you to split your payments into three equal installments which can be paid over the next three months. For example, if you do a payment of Rs. 40,000 with the Uni card, you have the option to pay some amount on spot. Let's say you pay Rs. 10,000 on spot, now you have to pay Rs. 30,000 which you can split into three equal installments of Rs. 10,000 for the next 3 months.

The Installments made do not attract any finance charge, which makes the payments as No-Cost EMIs.

The card provides 1% cashback if the cardholder makes the full repayment of the amount that you spent in a given month by the payment due date.

There are no interest charges on the EMIs and also on the late payments. But, the late payment charges are applicable which vary for the payment amounts. The table below shows a few slabs indicating the late fee applicable on the due amount:

To apply for the Uni card you do not need a good credit score and also the age requirement is just 18 years.

The card allows extending the EMIs to even 6, 9, or 12 months which provides ample time for the cardholders to pay back the amount. The company is also planning to provide cardholders with 18-month installment plans.

Slice Super Card

The Slice Super Card is also a BNPL card by SLICE. The card is a Visa-branded card offered in collaboration with SBM Bank. The Slice card is a UPI-enabled card which makes it faster and more flexible. The card offers instant cashback of up to 2% on every transaction you do with the Slice card. Moreover, the card is accepted by all the Visa-accepting merchants all over India. As the card name is slice, it allows you to split or slice your monthly spending into three equal parts and you can pay the amount in installments over the next three months. There is no joining or annual fee for the Slice card, which makes it a lifetime-free card. Moreover, get exciting discount offers and deals across several popular merchants every week. To get the Slice Super Card you do not need any credit score or indulge in any paperwork, which makes it easier for students and individuals with low income to grab the offer. Following are the detailed features of the Slice Super card:

The Slice Super card is a Lifetime free card as it comes with no joining or annual fee. Therefore, the Slice card is a very affordable card for everyone.

The Slice card is UPI enabled, which means that you can do your payments easily and fast.

With the Slice card, you have the ability to purchase items without worrying about the payment. The card offers you to split your payments into three equal installments which can be paid over the next three months.

You also get a fuel surcharge waiver of 2% on transactions less than or equal to Rs. 4,000 (max waiver capped at Rs. 200 per month).

With every transaction you go with the Slice Super card, you get 2% cashback as monies. The monies earned on the Slice Super Card are redeemable for cashback. Note that you do not earn monies even on transactions split into installments.

You can get exciting discount offers and deals across several popular merchants including Zomato, Swiggy, Big Basket, Netflix, and many more every week.

You do not need to have a credit score to apply for the Slice card, moreover, the age requirement is also as low as 18 years.

Uni Card vs Slice Card: Quick Comparison

We got to know a lot about both the cards, and now its time to draw a line between the two and understand the differences between the two cards:

Eligibility

The applicant's age should be a minimum of 18 years.

The applicants should have a stable source of income.

No Credit score is required.

The applicant's age should be a minimum of 18 years.

The applicants should have a stable source of income.

No Credit score is required.

Bottom Line

The Fintech cards have changed the credit card industry with lots of innovations and technologies. These cards offer lots of benefits just like usual credit cards and at better rate. The Buy Now Pay Later concept has been loved by the people a lot as it offers them the freedom to live with every other privilege. Though the fintech card offers good features, they do have some drawbacks like you cannot use them for international transactions, they don't offer travel benefits like lounge access, and most of them do not have a good reward rate. Talking about the Uni card and Slice card, they both offer great features and ways to settle the payments. However, if only one card has to be selected, then the Slice Super card is a good option as it offers cashback on every transaction, and offers benefits in fuel as well. Also, the late payment charges are very low as compared to the Uni card, but note that you may face high-interest charges as well. That was all about the fintech cards, if you still have any doubt then do let us know in the comment section below.

Check here: A list of Best Fintech Cards in India

# data[].attributes.attachment_link.title
Uni Card vs Slice Card : Which Is Better?

# data[].attributes.attachment_link.description
The Buy Now Pay Later (BNPL) market has been in trend for the past couple of years. Though the concept appears to be similar just like traditional credit cards, however, they are not the same. The BNPL cards are newly emerged Fintech cards that work on a short-term credit line concept.

# data[].attributes.headline
What Happens To Credit Card Rewards After You Return a Purchase?

# data[].attributes.subject
What Happens To Credit Card Rewards After You Return a Purchase?

# data[].attributes.body
https://cardinsider.com/blog/what-happens-to-credit-card-rewards-after-you-return-purchase/

# data[].attributes.attachment_link.title
What Happens To Credit Card Rewards After You Return Purchase

# data[].attributes.attachment_link.description
What Happens To Credit Card Rewards After You Return Purchase? Will I lose the rewards? - Read this article to get your answers.

# data[].attributes.headline
Major Factors Affecting Your CIBIL Score?

# data[].attributes.subject
Major Factors Affecting Your CIBIL Score?

# data[].attributes.body
A CIBIL score is an important factor that helps you get access to credit products like loan and credit cards. Lenders such as banks and other financial institutions take into consideration your score and other factors including your income, age, and job stability, among others.

Click on the link for more information:
https://cardinsider.com/blog/major-factors-affecting-cibil-score/

# data[].attributes.attachment_link.description
Let’s discuss all major factors affecting cibil score, if not handled carefully, can have a negative impact on your credit score.

# data[].attributes.headline
Best Credit Cards for Luxury Spends in India.

# data[].attributes.subject
Best Credit Cards for Luxury Spends in India.

# data[].attributes.body
Nowadays, credit cards are not only a medium of financial transaction, but also provide exclusive discounts or benefits that add a touch of luxury to your lifestyle. Super-premium credit cards offer exclusive benefits on travelling, dining and shopping, with additional reward points, complimentary lifestyle benefits and much more. But they come with a high annual fee.

Click on the link for more information: https://cardinsider.com/blog/best-credit-cards-for-luxury-spends-in-india/

# data[].attributes.attachment_link.readable_text
Luxury credit cards are the type of cards that come with world-class benefits across various categories and are generally targeted at high-income individuals. These can be extremely rewarding and offer immense value, but they come with a high annual fee and one needs to have a really good credit score to get approved for them. Also, a lot of premium cards used for luxury spends are invite-only cards i.e. you cannot apply for these cards, instead, the bank sends you an invite after which you can choose to avail of this card. These offer excellent benefits such as airport lounge access, premium services while traveling, multiple reward offers, and various dining and entertainment benefits. Since premium credit cards come with a high annual fee, it is best to weigh your potential rewards against the annual fee to ensure that you get the maximum benefit out of them.

Almost all the major credit card issuers offer one or more super-premium credit cards with incredibly great benefits across different categories. In this article, we have listed some of the top credit cards for luxury spends along with their detailed features and benefits:

HDFC Bank Infinia Credit Card Metal Edition

Being offered by the most popular credit card issuer in the country, the Infinia credit card is one of the best luxury credit cards in the market. Talking about its annual fee, it comes with a joining and annual fee of Rs. 12,500 plus applicable taxes. This card is a great option for people who want are frequent travelers and want to get rewarding experiences every time they travel. The card also comes with a complimentary Club Marriott membership for the first year, which offers you a 20% discount on dining out and stays across the Asia-Pacific region. Another significant feature of this card is that it offers unlimited complimentary lounge access, not only to primary cardholders, but also to the supplementary users of the card.

This card is a reward-point-based credit card that offers 5 reward points on every Rs. 150 spent. Other exciting bonuses include complimentary stays and weekend buffets at select ITC hotels. The Infinia Metal Credit Card provides you with global personal concierge services, which you can access 24X7 and some of the services include international gift delivery, private dining assistance, itinerary planning, reservation assistance, and golf booking. This card also offers the lowest markup fee, which is 2% on all foreign currency transactions.

HDFC Bank Diners Club Black Card

The HDFC Bank Diners Club Black Card is another super-premium card that offers amazing rewards and benefits across several categories. It comes with an annual fee of Rs. 10,000, which is waived off if the cardholder has spent Rs. 5 lakhs or more in the preceding year. With this card, you get complimentary annual memberships of Amazon Prime, Zomato Pro, MakeMyTrip Black, Club Marriott, Forbes, and Times Prime. You also get exclusive vouchers for Ola Cabs, BookMyShow, and TataCliq on spending a minimum of Rs. 80,000 every month. The Diners Club Black card also offers accelerated reward points on spends via SmartBuy and 2X reward points on weekend dining and other spends, you earn 5 reward points for every Rs. 150 spent.

For people who want to spend lavishly on their health and wellness, it offers exclusive discounts at leading salons, gyms, and spas. Other benefits of this card include unlimited airport lounge access for primary and add-on cardmembers, a 1% fuel surcharge waiver at all fuel stations across India, and a 50-day interest-free period from the date of card issuance.

American Express Platinum Credit Card

The American Express Platinum Credit Card is another super-premium card offered by one of the major credit card issuers in the country. It comes with exclusive privileges across different categories, including travel, and a lot more. With a joining/annual fee of Rs. 60,000, the card welcomes its customers with 1,00,000 bonus membership points. Once you get the AmEx Platinum card, you can make your shopping, travel, and all other experiences rewarding by earning membership rewards.

Talking about the travel benefits offered by the card, the cardholders get unlimited complimentary domestic lounge visits and access to almost all the participating international airport lounges worldwide. Other than this, they get a discount of 25% at various popular hotel brands, including Taj Hotels, SeleQtions, Vivanta hotels, etc. Other than this, the AmEx Platinum Credit Cardholders get many more other privileges, including late checkout, complimentary room upgrades, etc. This card can be considered a great choice for people who are ready to pay a high annual fee to get luxury benefits.

SBI Aurum Credit Card

SBI Aurum Credit Card is a super-premium credit card that comes with an annual fee of Rs. 10,000. It is an invitation-only card and has a special website where eligible members can log in and see information related to ongoing offers. It comes with exclusively curated privileges and is best suited for rewards and travel. The cardholder gets 40,000 reward points worth Rs. 10,000 as a joining bonus and other amazing milestone benefits such as a TataCliq Voucher worth Rs. 1500 on spends of Rs. 1 Lakh monthly, a Luxe voucher which includes premium brands like Jimmy Choo, Burberry, etc worth Rs. 5,000 on annual spends of Rs. 5 Lakhs and a Taj Voucher worth Rs. 10,000 on annual spending of Rs. 10 Lakhs.

This card also offers complimentary memberships such as Amazon Prime, Zomato Pro, EazyDiner Prime, and Lenskart Gold which you can use to your advantage. Avid travelers can benefit from the complimentary domestic airport lounge access (4 visits per quarter) and unlimited international airport lounge access from this card. You also get access to a domestic airport spa which is capped at 1 visit per quarter.

Axis Bank Reserve Credit Card

Axis Bank Reserve Credit Card is a super-premium credit card that offers an array of exclusive services and luxury privileges across different categories. Although the annual fee of this card is the highest among all the listed credit cards, it provides equivalent benefits and bonuses to the cardholders. Axis reserve credit card is an invite-only card with a joining and renewal fee of Rs. 50,000.

On joining you get an exciting welcome bonus of 50,000 reward points. For every Rs. 200 that you spend on domestic purchases, you get 15 Edge Points and for every Rs. 200 spent on international purchases, you get 30 Edge Points.

This card offers multiple hotel and resort memberships which include :

ITC Culinaire Membership offers 50% off on published tariffs for suits on weekends. You also get the 3rd night free during your stay at some premium hotels.

Accor plus membership offers a free stay of one night across the Asia Pacific region. You also get access to free room upgrades along with up to 50% off on dining. Plus you get a free lunch buffet for 2 across all Accor hotels in India.

There are a plethora of other benefits that this card offers such as a 20% discount at partner restaurants in India, and priority pass membership with unlimited international lounge visits for both primary and add-on card holders. You also get to avail of 8 free VIP assistance services at airports such as security checks, check-in, and porter services.

Citi Prestige Credit Card

CitiBank's Prestige Credit Card is one of the flagship cards which comes with an annual fee of Rs. 20,000. It offers reward points that can be converted to AirMiles and can be redeemed against several other options. As a customer, you will get amazing benefits from this card as it gives you access to a host of redemption partners and other loyalty programs. As a joining and annual benefit, you get 2,500 reward points which are equivalent to 10,000 air miles upon making the first transaction every year. The airline partners through which you can redeem the air miles include Air India, British Airways, Etihad Airways, and many more. You also get a gift card worth Rs. 10,000 from the Taj Group and 4 gift vouchers worth Rs. 2,500 each from the ITC Hotels Group. The joining benefit will also include a Taj Epicure Plus Plan and Inner Circle Gold Membership.

Exclusive perks are offered under the travel, stay and lifestyle category including complimentary unlimited priority pass lounge access to more than 800 airports worldwide, luxury airport transfers discounted at 20% and 1 complimentary night stay at any hotel on staying a minimum of 4 nights (twice a year). You also get access to 4 complimentary rounds of golf and golf lessons across 15 golf clubs in India and you get to enjoy Citi Prestige Concierge for personal assistance on daily tasks, travel, entertainment, and other services locally as well as abroad.

Travel insurances include overseas medical insurance of USD 50,000 and air accident insurance worth Rs. 5 crores (a nominee or supplementary card member will get this benefit). In case of any fraudulent transaction on your lost card, you get a lost card protection worth Rs. 10 Lakh.

The Bottom Line

Credit cards nowadays are not only used for making large payments but can also be used to enhance your lifestyle. The above-listed credit cards offer multiple rewards and benefits, but it should be noted that managing them requires a disciplined approach. It is really essential to keep a track of your spending and pay your balance before the due date to avoid paying steep interest. Nevertheless, if you are among the people who have a high Credit score and can afford to pay the hefty annual fee, these cards can provide you with extensive value.

# data[].attributes.attachment_link.title
Best Credit Cards for Luxury Spends - CardInsider.com

# data[].attributes.attachment_link.description
Luxury credit cards are the type of cards that come with world-class benefits across various categories and are generally targeted at high-income individuals. These can be extremely rewarding and offer immense value, but they come with a high annual fee and one needs to have a really good credit score to get approved for them.

# data[].attributes.headline
 How To Get a Credit Card Without Income Proof?

# data[].attributes.subject
 How To Get a Credit Card Without Income Proof?

# data[].attributes.body
A credit card is a useful financial tool that allows you to make purchases first and then pay for them at a later point in time. Thanks to recent developments in the banking infrastructure and regulations, getting a credit card is simple, easy, and takes only a few minutes.

Click on the link to get full information: https://cardinsider.com/blog/how-to-get-credit-card-without-income-proof/

# data[].attributes.attachment_link.readable_text
In today's time, a credit card is one such financial product that is owned by almost every individual irrespective of the fact that which profession an individual is engaged in. Banks or financial institutions issue credit cards to an individual on the basis of their income and credit history. The individuals will have to submit a proof of income to the bank to get a credit card so that the bank can well determine if the applicant will be able to repay the bills or not. But what about those who do not have income proof? In this article, we are going to guide you on how to get credit card without income proof.

Lenders generally keep a check on an individual's income before approving or rejecting his credit card application. It is on the basis of income only that the lenders decide the individual's repayment capacity. This is because the credit card is an unsecured debt and the lenders will have to be very sure of the applicant's repayment ability before granting him approval for the credit card. But what happens in the case where an individual does not have any income proof with him. How will an applicant get a credit card in the absence of this document or is it even possible to have a credit card without income proof.

So the answer to this question is Yes. An applicant is still eligible to get a credit card even if he does not have a credit card. Though these credit cards may not be as luxurious as compared to premium credit cards, they do provide you with the basic features that a credit card brings along with it.

Ways to get a credit card in the absence of income proof

Either of the following ways can be chosen to obtain a credit card in the absence of income proof:-

Apply for a secured credit card

One of the best ways to get a credit card without income proof is to get a secured credit card. In this type of credit card, the fixed deposit in your name is kept as collateral with the bank against which a credit card is issued to you. This credit card will work in the same way that normal credit cards work. You will get a credit limit of 70% - 80% of the value of the fixed deposit.

Check here: List of Best Secured Credit Cards in India

Show the employment letter

Now if you have been newly appointed to a job and it is your first job, you will not have any income proof. Hence, in this case, you can always show your employment letter or offer letter to the bank officials which mentions your annual package. This depicts your earning potential and gives the lenders a sense of security that the amount used through the credit card will be repaid.

Good banking relationship

At times, you may not have any current income but you surely have a wealthy account balance. This might happen in the case where an applicant has retired at an early age or has earned well and for the time being has decided to take a break from work. But he has a great account balance and a healthy relationship with the bank. Hence. The availability of funds in the borrower's account gives an assurance to the card issuer that the repayments will be made without any default.

Get an add-on credit card

An individual who does not have income proof can also apply for an Add-on credit card on the primary credit card that is owned by one of his family members. For this purpose, the primary applicant will need to have a good credit history. Add-on credit cards have similar benefits as that of a primary credit card and this is one good way in which an individual can have a credit card without income proof.

Bottom Line

Getting a credit card without income proof can be a bit tough task but is not impossible. An individual can still get a credit card but those cards will not have all those premium features. These credit cards will be quite basic credit cards but will be able to fulfill your daily requirement. If you would want to have a premium credit card that offers exclusive features and benefits, you will need to have income proof to become eligible for such cards.

# data[].attributes.attachment_link.title
How To Get Credit Card Without Income Proof?

# data[].attributes.attachment_link.description
In today's time, a credit card is one such financial product that is owned by almost every individual irrespective of the fact that which profession an individual is engaged in. Banks or financial institutions issue credit cards to an individual on the basis of their income and credit history.

# data[].attributes.headline
What Happens When You Overuse Your Credit Card Limit?

# data[].attributes.subject
What Happens When You Overuse Your Credit Card Limit?

# data[].attributes.body
Every credit card comes with a credit limit, which is the amount of money you are allowed to borrow with the card. Exceeding this threshold can result in a variety of negative consequences, from credit damage to embarrassing moments at the checkout counter.

Click on the link to get brief knowledge: https://cardinsider.com/blog/what-happens-when-you-overuse-your-credit-card-limit/

# data[].attributes.attachment_link.readable_text
Well, we all love the convenience that credit cards bring along with them. Because of the benefits that credit cards provide, they have become a part and parcel of our life. Credit cards can be used for each and every small or big purchase that we make in our daily life. They also provide us with the facility of purchasing products bearing high amounts and later paying for them in the form of Equated Monthly Instalments (EMI). Additionally, they also provide cardholders with various other rewards and benefits because of which they have become quite popular in today's era.

Now owning a credit card is one thing, and utilizing the card optimally is another thing. A cardholder has to be very careful and cautious while he is using a credit card and while repaying the credit card bills. The credit card that the company issues comes with a pre-defined credit limit, i.e., the customers have to use the credit card within that described limit, but what happens if you overuse your credit card limit?

What is a credit card limit?

A credit limit is a maximum amount that a credit card company offers to the credit cardholder on a credit card.

This limit is generally set considering various factors such as CIBIL Score, monthly income, other liabilities, etc.

A lower credit limit is given to the high-risk-bearing individuals because they lack the ability to repay the debt and a high credit limit is given to the low-risk-bearing individuals because they have greater flexibility to repay the amount that they spend using the credit card.

Generally, in the normal course of transactions, an individual can use a credit card only up to the limit that has been prescribed by the credit card issuing company and he cannot go beyond that limit. But in certain cases, when the credit card holder is not aware of the amount that he already has spent using his credit card, he tends to present his credit card for another payment (which actually does not have the available balance in it), and gets deducted. Now how did this happen?

What happens when you overuse your credit card limit?

Credit Over-Limit is a situation where a cardholder uses his credit card beyond the specified credit limit. This facility is allowed for all credit cardholders but comes with certain terms and conditions. Though the card issuers extend such facility to the cardholders, it is ultimately the cardholder's choice whether he wants to continue the transaction with which he might exceed his credit limit or wants to cancel the transaction. Credit over-limit is allowed subject to the following conditions -

After the amendments were done to the Credit Card Act, 2009, the credit card issuer can charge over-limit fees only if the cardholder has signed to the over-limit protection schemes.

The card issuer company cannot charge an over-limit protection fee if the cardholder has not subscribed to the said scheme. In such a scenario, the cardholder will not be allowed to avail the facility of making transactions beyond the credit limit of the credit card.

Also, according to the Credit Card Act, of 2009, the card issuers can only charge a fixed amount on the over-limit amount used through the credit card and the fee amount cannot be more than the overdrawn amount.

Will overuse of credit limit hurt your credit score?

Yes, overuse of credit limits will surely affect your credit score. This is because an individual's CIBIL Score comprises 30% of the credit utilization ratio. Hence if you overuse your credit limit to a great extent, you will notice a significant downfall in your credit score. This shows your over-dependency on credit for fulfilling your daily needs and also demonstrates that an individual might be in a position of financial crunch.

Suggested Read: 7 Ways to Increase your Credit score

Ways in which it can be avoided in over-using the credit limit

An individual should be well aware of the fact that overusing the credit card limit will attract charges and penalties and also have a decline in the credit score. Below mentioned are the ways that a credit cardholder should adopt so as to remain updated about his credit card usage.

Set up mobile alerts or email notifications on daily basis to stay updated about your credit card balance and the available credit limit.

Secondly, if you know that you will have to make a huge purchase using your credit card, make sure that you inform your credit card issuer about the same and place a request with them for enhancing your credit card limit.

Another option is that pay for your outstanding balance so that you have enough limit available to pay for your future purchases.

Bottom Line

Though credit cards have been designed to provide benefits to credit cardholders, it is the responsibility of the credit cardholders to make use of a credit card in a wise manner. Overuse of a credit card should be avoided as it not only attracts charges and penalties but also affects your credit score in a negative way. Hence, if a cardholder suspects a big expense in the near future, either he can request a credit limit enhancement or pay for the current outstanding bills so as to make room for the future purchases that need to be done using the credit card. A cardholder should always keep a check on his available credit limit before initiating any transaction by either setting up mobile or e-mail alerts or by logging in to the phone banking application but over usage of a credit card should be avoided.

# data[].attributes.attachment_link.title
What Happens When You Overuse Your Credit Card Limit?

# data[].attributes.attachment_link.description
Well, we all love the convenience that credit cards bring along with them. Because of the benefits that credit cards provide, they have become a part and parcel of our life. Credit cards can be used for each and every small or big purchase that we make in our daily life.

# data[].attributes.headline
Difference Between Credit report and credit score.

# data[].attributes.subject
Difference Between Credit report and credit score.

# data[].attributes.body
In this post you will learn about the difference between credit report and credit score.

A credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. Your credit scores are calculated based on the information in your credit report.

Click on the link to know more:  https://cardinsider.com/blog/difference-between-credit-report-and-credit-score/

# data[].attributes.attachment_link.readable_text
Credit Score is an important factor that is considered by credit card issuers/lenders when approving or rejecting one's credit application. It is a three-digit number that determines how creditworthy or risky you are as a borrower. If you are using a credit card for a long time, you would have surely heard of the terms 'Credit report' and 'Credit Score.' Many people use these terms interchangeably as they think that both are the same. But, it is an essential fact to be understood that both these are connected, but are different things.

A credit report and a credit score both are used by the card issuers/lenders to check an individual's creditworthiness, but are used differently. One gives them a brief idea, however, the other gives them the detailed information about your credit history. In this article, we will make you understand the difference between credit report and credit score. Keep reading for further information:

What is Credit Score?

A credit score is a three-digit number ranging between 300 and 900 that represents the creditworthiness of an individual. The higher the number is, the more creditworthy is the person. Generally a number less than 500 represents a risky or non-creditworthy person and that above 750 represents the most responsible people. There are various factors based on which the credit score is calculated by the Credit bureaus. These factors include:

Payment History: Payment History is the most important factor that is considered while calculation of your credit score as it makes 30% of your score. This represents your payment behavior with past lenders or credit card issuers. If you have made all the payments on time, your payment history would be considered an amazing one, but if you have defaulted payments very often, your payment history wold be considered a and one and consequently, it will lead to a major drop in your score.

Credit Utilization Ratio: Credit Utilization ratio is the ratio between your total credit limit and your used credit. When you are provided with a credit limit, you are not supposed to exhaust the whole limit every month as it doesn't represent you asa a responsible borrower. In order to maintain a good credit score, you are advised to utilise only 30% or less of your total credit limit. This is the second most important factor that should be kept in mind.

Credit Mix: Credit mix means how diversity an individual has in his credit accounts. In order to achieve or maintain a good score, it is advisable to have more than one type of credit accounts. For example, you can have a credit score, a personal loan, home loan, etc. This shows that you are responsible enough to manage multiple accounts together.

Number of Hard Inquiries: Hard Inquiries are performed on a credit profile when it is checked by a card issuer or lender in order to get an idea about the creditworthiness of an individual. Whenever you apply for a new credit card, a hard inuiry is performed on your profile. A large number if hard inquiries in a short time period may cause a drop in your credit score.

Average Age of Accounts: The older credit accounts you have, the better is your credit score. If you have multiple credit accounts, the average age of all your accounts is also an important factor affecting your credit score and hence it is not advisable to close very old credit accounts unnecessarily.

Check here: A Complete Guide To Credit Score

What is a Credit Report?

A Credit Report is a document that contains detailed information about an individual's credit history, i.e, this contains detailed analysis of how different factors like the payment history, credit utilization ratio, etc, are going to affect your credit profile. The credit bureaus prepare these report after receiving your information from different banks/card issuers with whom you have your credit accounts. They check your credit history, credit mix, credit utilization, etc, and mention each & every small detail about the same. For example, there would be a section payment history that will contain information about how many payment have been paid on time by you and how many have been missed or delayed. Similarly, information about the number of hard inquiries, credit utilization ratio would be mentioned very clearly in your report. The following are a few things that are mentioned in your credit report:

There will be section containing your personal information, like your name, registered address, mobile number, date of birth, employment status, etc. This is included in your credit report in order to identify you.

Your credit report will have another section containing the basic information about all your active credit accounts, including the names of all the card issuers/lenders and type of credit you have borrowed from them. Your total credit limit, account balances, etc, are also mentioned under this section.

Another section contains the information about the inquiries on your credit profile. There are two types of inquiries, including; Hard inquiries' and 'Soft Inquiries.' The Hard inquiries do affect your credit score but the Soft ones do not.

Other than all these sections, there is the last section where the record of bankruptcies or collection accounts is mentioned. This might have a negative affect on your credit score.

Also Check: 11 Key Things That Are Not Mentioned In Your Credit Report
Difference Between a Credit Score and Credit Report

We have seen that the credit score is just a number that determines your creditworthiness whereas the credit report is the detailed analysis of how that credit score has been calculated. To make it more clear for you, we have come up with the following comparison table:

Credit Score

Credit Report

It is just a three-digit number that helps card issuers understand your creditworthiness.

It is calculated as a result of the information included in the credit report, i.e, your credit score depends on your credit report.

It gives a rough idea of how creditworthy or risky an individual is.

It also helps the card issuers understand your creditworthiness, but is not just a number but a detailed analysis of your credit history.

It is a document prepared by the credit bureaus according to the information provided by your card issuers/lenders.

It helps a card issuer/lender understand the borrower's credit behavior thoroughly by considering all the factors like payment history, credit utilization, number of hard inquiries, etc.

Bottom Line

Now, we hope that you have understood the difference between a credit report and a credit score. If you are a credit card issuer and want to make your credit journey the best one, it is essential to be are of such terms and the basic information about them. Many people who consider a credit report and credit score as the same thing, only check their score, but they ignore their credit report as they are not aware of the fact that there is something like a credit report. You should check your report time to time in order to ensure that their are no errors that are causing a drop in your credit score.

# data[].attributes.attachment_link.title
Difference Between Credit Report and Credit Score

# data[].attributes.attachment_link.description
Credit Score is an important factor that is considered by credit card issuers/lenders when approving or rejecting one's credit application. It is a three-digit number that determines how creditworthy or risky you are as a borrower. If you are using a credit card for a long time, you would have surely heard of the terms 'Credit report' and 'Credit Score.'

# data[].attributes.headline
How to Planning to Apply for an HDFC Credit Card?

# data[].attributes.subject
How to Planning to Apply for an HDFC Credit Card?

# data[].attributes.body
A great credit card can take you on a brilliant journey - where you travel, shop and dine your way to happiness. When you apply for an HDFC Bank Credit Card online, you are taking your first step on that journey.

Here is a All You Need to Know click on the link: https://cardinsider.com/blog/hdfc-credit-cards-everything-you-need-to-know/

# data[].attributes.attachment_link.readable_text
HDFC Bank, as you must be aware, is the largest and the most popular credit card issuer in the country. HDFC credit cards are known for the discounts that they offer in partnership with e-commerce giants like Amazon and Flipkart. Being the largest card issuer in the country, HDFC has a portfolio of over 25 credit cards suitable for all types of customers- from frequent flyers to shopaholics, HDFC Bank has a credit card for everyone. In this article, we will help you figure out the best HDFC credit card for you based on your spending habits.

Best HDFC Credit Card for Beginners

While none of HDFC Bank's credit cards is LTF (lifetime free), the bank does offer a few credit cards that come with a nominal annual membership fee and offer a decent reward rate. Although these cards do not offer many additional privileges like airport lounge access, insurance covers, etc., these cards are best suited for young professionals and new to credit individuals. HDFC MoneyBack+ Credit Card and HDFC EasyEMI Credit Card are two of the best credit cards by the bank in the entry-level segment-

HDFC MoneyBack+ Credit Card: The MoneyBack+ Card by HDFC is an entry-level credit card by the bank. The card comes with a membership fee of Rs. 500 per annum (plus GST) and offers a reward rate of up to 3.33% on partner online brands including Amazon, Flipkart, Swiggy and Big Basket. MoneyBack+ Card is a cashback card and the cashback is processed as CashPoints- 2 CPs per Rs. 150, 5x CPs on EMI spends at partner merchants and 10x CPs on the aforementioned partner stores (1 CP = Rs. 0.25). The CashPoints earned can be redeemed for products from HDFC's catalog, flight/hotel bookings, can be transferred to partner airlines' frequent flyer programs or can also be adjusted as cashback against the card's statement balance.

HDFC EasyEMI Credit Card: It is another entry-level credit card by HDFC Bank. The key feature of the EasyEMI card is that all purchases of more than Rs. 10,000 are automatically converted into EMIs to be repaid over the next 9 months (interest rate and processing fee applicable). EasyEMI Card also comes with an annual fee of Rs. 500 (plus GST) and offers 5% cashback on Amazon, Flipkart and on hotel/flight bookings, 2% cashback on other online purchases and 1% cashback on offline purchases with the card.

Best HDFC Lifestyle Credit Cards

Lifestyle credit cards are mid-range credit cards that apart from offering a decent reward rate also offer some additional benefits such as airport lounge access, discount vouchers, insurance cover, etc. The annual membership fee of lifestyle credit cards is more than that of entry-level cards but less than that of premium credit cards. HDFC Regalia Credit Card and Millennia Credit Card are two of the most popular lifestyle credit cards by the bank.

HDFC Millennia Credit Card: Millennia Credit Card is another very popular credit card by the bank. As the name suggests, the card targets the millennials, most of whom are new to credit young professionals. HDFC Millennia Credit Card comes with an annual fee of Rs. 1,000 (plus GST) and offers a cashback of up to 5% at partner online merchants including popular names like Amazon, Flipkart, Myntra, Uber and Zomato and 1% cashback on all other online/offline spends with the card. Apart from cashback, you also get 8 complimentary domestic lounge visits per year with the Millennia Credit Card (max 2 visits per quarter).

HDFC Regalia Credit Card: It is arguably the most popular lifestyle credit card in India. With an annual fee of Rs. 2,500, Regalia Credit Card falls in the sub-premium segment. Regalia Credit Card earns 4 Reward Points per Rs. 150 spent and up to 10x Reward Points on SmartBuy. Being a lifestyle credit card, apart from Reward Points, you also get a number of other benefits like complimentary domestic/international airport lounge access, dining benefits, insurance benefit with HDFC Regalia Credit Card. To learn more about HDFC Regalia Credit Card, you may refer to our detailed review of the Regalia Card here.

Best HDFC Travel Credit Cards

All of the travel credit cards by HDFC Bank are cobranded credit cards, i.e. offered in collaboration with an airline partner or a frequent flyer program, HDFC does not offer any generic travel credit card. Two of the best travel credit card by HDFC Bank are 6E Rewards XL - IndiGo HDFC Bank Credit Card and Intermiles HDFC Diners Club Credit Card.

6E Rewards XL - IndiGo HDFC Credit Card: It is one of the two IndiGo cobranded credit cards by HDFC Bank. You earn Reward Points as 6E Rewards on all spends with the card- 15% 6E Rewards on IndiGo features products, 5% 6E Rewards on spends on IndiGo, 3% 6E Rewards on dining, grocery and entertainment, 2% 6E Rewards on all other spends with the card. Since it is the more premium of the two IndiGo cobranded cards offered by the bank, you get 8 complimentary domestic airport lounge access (max 2 per quarter) under the MasterCard airport lounge access program and also a lower forex mark-up fee of just 2.5% of the transaction amount.

InterMiles HDFC Diners Club Credit Card: It is a premium travel credit card by HDFC Bank. As is obvious from the name, it is an InterMiles co-branded credit card and therefore you earn Reward Points as InterMiles. The card earns you 8 InterMiles per Rs. 150 spent and 2x InterMiles on flight bookings via the InterMiles flight booking portal. Since it is a premium travel credit card and comes with an annual fee of Rs. 5,000 (plus GST), the card also entitles you to other benefits like complimentary InterMiles Gold Tier membership, unlimited airport lounge access, exclusive discount offers from Etihad Airways, complimentary Dineout Passport membership and many other benefits.

Best HDFC Premium Credit Cards

As far as premium credit cards are concerned, HDFC Bank offers two super-premium credit cards- Infinia Credit Card Metal Edition and Diners Club Black Credit Card. Both these credit cards are very popular among HNIs (High Net Worth Individuals) and offer a very similar reward rate.

HDFC Infinia Credit Card Metal Edition: It is the most premium offering by the bank. Infinia Credit Card Metal Edition comes with a membership fee of Rs. 12,500 per annum (plus GST) and earns you 5 Reward Points for every Rs. 150 spent with the card (reward rate of up to 3.33%) and up to 10x Reward Points on SmartBuy. Also, since it is a super premium credit card, you also get many other add-on benefits like unlimited complimentary domestic and international airport lounge access, unlimited golf games, attractive hotel and dining offers, complimentary insurance cover and many more that one expects from a premium credit card.

HDFC Diners Club Black Credit Card: Diners Club Black Credit Card is the second most premium offering by HDFC after Infinia. Diners Club Black Credit Card comes with a membership fee of Rs. 10,000 per annum (plus GST) and just like Infinia Credit Card, offers a reward rate of up to 3.33% on regular spends and 10x reward rate on spends via SmartBuy. Apart from earning Reward Points, being a premium credit card, Diners Club Black Credit Card also offers a plethora of additional privileges like unlimited complimentary domestic and international airport lounge access, complimentary golf games, insurance benefits, dining and hotel discounts, and many more.

Bottom Line

For the majority of individuals looking for an HDFC credit card, one of the aforementioned 8 credit cards will definitely fit their financial needs as these are the best curated HDFC credit cards best suited for customers with different spending patterns. These are also the most popular HDFC cards in their respective categories. For example, HDFC Infinia Credit Card is the most popular super-premium credit card and the Regalia Credit Card is the most popular lifestyle credit card by the bank, therefore there is a higher likelihood of getting offers on these credit cards. However, if you want more choice, you may find the features and benefits of all the 25+ credit cards offered by HDFC Bank here and make your mind accordingly.

# data[].attributes.attachment_link.title
HDFC Credit Cards - Everything You Need To Know

# data[].attributes.attachment_link.description
HDFC Bank, as you must be aware, is the largest and the most popular credit card issuer in the country. HDFC credit cards are known for the discounts that they offer in partnership with e-commerce giants like Amazon and Flipkart.

# data[].attributes.body
In this post you will know about how to cancel or close a credit card?

When you decide to close a credit card, there are certain things that need to be taken care of. There is no one standard procedure for closing a credit card and the process generally differs from bank to bank.

Click on the link to get full information how to cancel or close a credit cards: https://cardinsider.com/blog/how-to-cancel-or-close-credit-card/

# data[].attributes.attachment_link.readable_text
When you get a credit card that is better than the card you were using previously, you generally want to close or cancel your old card that comes with fewer features. However, doing this can be disadvantageous sometimes as it can affect your credit score in many indirect ways. But, you should go for it if you feel it's necessary. So, simply reading this post will give you a lot of info about How To Close Or Cancel Credit Card.

For example, if you have a credit card with a high annual fee, but you don't use it anymore, you should consider closing it without thinking about how it can impact your credit. Now, if you have already decided that you are going to close credit card and don't know how you can do that, we are here to guide you on the same. Keep reading the article to know how to close credit card and what you need to consider before taking such a step.

Different Ways To Close Your Credit Card:

Call Your Credit Card Customer Care

If you want to close your credit card account for any reason, you can just call your credit card customer care for the same. They will either initiate your request or will guide you about how you can proceed further to close credit card. Calling them is not necessary, but you contact customer care through mail as well.

If you don't prefer calling or mailing, you can also send a written request via post. If the bank executives assure that they can get your credit account closed, make sure to ask them the exact date when your card will be closed so that you can pay the outstanding balance by then, and do other necessary things.

Submit an Online Request

Many card issuers provide their customers with the facility to submit an online request to get their credit accounts closed. If you are someone who prefers online methods, you can find out whether your card issuer provides this option or not. You can search for the same on your card issuer's official website. Once the request is made, a bank representative will contact you to confirm whether you want to get your card closed or not. It is one of the easiest and hassle-free methods to close/cancel your credit card account.

Visit The Branch

Many people don't prefer calling and other online methods to get their banking works done. In such a case, you can visit the nearest branch of your respective card issuer and fill in the physical form to request the closure of your credit card account.

Things To Do Before Canceling a Credit Card

Pay Your Outstanding Balance

Before you think of initiating your credit account closure, make sure to pay your full outstanding amount. Without clearing your dues, you will not be able to close your credit card. However, some card issuers allow you to close your card even if your dues are not clear but you will have to pay your outstanding balance after that as well.

The purpose of closing your account without clearing dues is just to avoid the extra charges. So, it is way better to pay off the balance first and request the closure of your account only when the balance on your credit card is zero.

Redeem The Remaining Reward Points

If you were using a credit card that offers reward points, make sure to check how many points you have and redeem them before you close credit card. many people do the mistake of closing their credit card without checking for their rewards and hence lose points that are worth thousands of rupees sometimes.

If you think that you have earned a good number of reward points, initiate the reward redemption process first and make sure to redeem your points against a category that is most beneficial and useful for you. You should not miss out on collecting your savings before canceling your card.

How To Cancel a Credit Card Without Hurting Your Credit Score?

Closing a credit card can affect your credit score in many ways and to avoid any negative effect on your credit, you will have to keep a few things in mind. Make sure that your credit utilization ratio doesn't go higher than 30% after you close one of your credit cards. For example, if you have 2 cards with limits of Rs. 1 lakh & Rs. 50,000 and you generally spend 40,000 each month. Now, if you close the card with a limit of Rs. 50,000, your credit utilization ratio will be 40% after that which will affect your credit score negatively.

Moreover, closing a credit card that belongs to your oldest credit account can also have a negative impact on your credit score. It is because the average age of your credit accounts is also a major factor that is considered by the credit bureaus while calculating your credit score. This is how closing your oldest account might have a negative impact on your credit profile and hence it should be avoided.

Bottom Line

Card issuers provide you with different online as well as offline ways to get your credit card account closed. You can choose any method that feels to be most convenient for you. But, before closing your account, you must keep a few things in mind, which have been mentioned above.

Make sure to pay clear your dues, redeem all your remaining reward points, and think about your credit score before you close your card. If you have a lifetime free credit card, there is no harm in keeping it even if it is not in use as it can help you build your credit score. But, if it comes with high annual charges, it will be better for you to close it as you can rebuild your credit score.

If you still have any doubts or queries regarding the topic, make sure to write them in the comment section below!

# data[].attributes.attachment_link.title
How To Cancel or Close Credit Card? - Card Insider

# data[].attributes.attachment_link.description
When you get a credit card that is better than the card you were using previously, you generally want to close or cancel your old card that comes with fewer features. However, doing this can be disadvantageous sometimes as it can affect your credit score in many indirect ways.

# data[].attributes.headline
Does Add-on Card Affect The Primary Cardholder’s Credit Score?

# data[].attributes.subject
Does Add-on Card Affect The Primary Cardholder’s Credit Score?

# data[].attributes.body
Credit Cards have proven to be very useful. For one, it can allow you to borrow a large funds from the lending institute, if the needs arises on a short notice. Moreover, it allows you to get special offers and collect Reward Points with each purchase you make on the card.

Click on the link to get full information: https://cardinsider.com/blog/does-add-on-card-affect-credit-score/

# data[].attributes.attachment_link.readable_text
Credit cards have proven to be very useful, especially at the time when needs arise at very short notice. Additionally, it allows you to take advantage of amazing deals and grab reward points and cashback on every purchase made through the card. There are many eligibility criteria that have to be cleared before you get a credit card. In such a situation, individuals such as first jobholders, students, housewives, etc may not be able to take advantage of such offers and deals. This is where an add-on credit card comes into the limelight. Do you know what add-on cards are? And does add-on credit card affect credit score of the primary cardholder?

Add-on credit cards or supplementary credit cards are the cards that are issued under a primary credit card. The primary cardholder can get add-on cards for his family members. An add-on card generally has the same features as that of the primary credit card which includes reward points, cashback, etc. Generally, banks do not charge any fee on the add-on cards but even if they do so, it is very nominal and affordable.

A primary cardholder can apply for an add-on card for his immediate family members. The number of add-on cards varies from bank to bank. Generally, the range is between 3 to 5. The credit limit of your add-on card will be the same as that of the primary card. It can be used up to the total limit of the card.

Also read: Why you should consider Add-on Credit Cards? Check out the Features and Benefits

Do add-on cards affect the primary cardholder's credit score?

Since all dues of the add-on card are billed to the primary cardholder, hence any delay or default in the payment of the add-on card will be reflected in the primary cardholder's CIBIL report and will negatively affect the credit score of the primary cardholder. Sometimes there might be a case where the primary cardholder has not used the credit card for any transaction but the add-on cardholder has. Therefore, it is the duty of the add-on cardholder to inform the primary cardholder about the transactions he has made through the card and about the bill the primary holder has to pay. Primary cardholders should inform all the add-on cardholders about the same and should guide them about the usage. Therefore it is very important for the primary cardholder to have a clear knowledge about the spending done through the add-on card as well.

Points to be considered in case of an add-on card

The primary cardholder should make sure that the person who is getting an add-on card is responsible enough. For example, if you are applying it for your daughter, you should make sure that she has maintained a good relationship with money in the past. If you know that she will not be able to handle the add-on card sincerely, do not get her an add-on card under your account.

You can always set a limit on the add-on card. By doing this, you can make sure that your supplementary cardholder will stay within the limit and you will be well aware of the maximum amount he can spend through his card.

You should always keep a track of all the expenses done through the add-on credit card.

You can guide the add-on card members as to what is the correct way to use a credit card as in when, why, and where a credit card should be used.

Bottom Line

An add-on card is nothing but just an additional card that shares the same limit as that of the primary credit card. This can be issued to the immediate family members of the primary cardholder. A primary cardholder can let his other family members also enjoy the benefits of the credit card but should well educate them about the usage of the credit card. An Add-on card holds importance as good as a primary credit card. All the repayments of the add-on credit card will have to be done in the same way as of a primary card. But the ultimate responsibility of the add-on card lies in the hands of the primary cardholder only. Hence it becomes important for the primary cardholder to track all the transactions and spendings done through the add-on credit card as well as any default will result in a negative impact on his own credit score.

Additional Reading: Things That Surprisingly Don't Affect Your Credit Score

# data[].attributes.attachment_link.description
Credit cards have proven to be very useful, especially at the time when needs arise at very short notice. Additionally, it allows you to take advantage of amazing deals and grab reward points and cashback on every purchase made through the card. There are many eligibility criteria that have to be cleared before you get a credit card.

# data[].attributes.headline
In this post you will learn about the HDFC Bank Credit Card Lifetime Free Conversion Conditions June 2022.

# data[].attributes.subject
In this post you will learn about the HDFC Bank Credit Card Lifetime Free Conversion Conditions June 2022.

# data[].attributes.body
HDFC Bank offers a wide variety of credit cards including basic, premium and super-premium cards. While cards from the premium and super-premium categories attract high annual fee, basic credit cards may be low on fee or free for lifetime. Here we will talk about such low-fee and lifetime-free credit cards from HDFC Bank.

Click on the link to get full information :
https://cardinsider.com/blog/hdfc-credit-card-lifetime-free-conversion-conditions/

# data[].attributes.attachment_link.readable_text
If you are an HDFC Bank Credit Cardholder, here is some good news for you. The HDFC bank is providing its cardholders with a great opportunity to make their credit card lifetime free by achieving the required spend milestone within a specific time period. However, the offer is not valid on existing cards, but only on those cards that have been issued during the offer period. This is a very unique offer launched by the card issuer as the cardholders can make premium cards like HDFC Regalia Credit Card lifetime free for them. To know more about the offer and its detailed terms and conditions, keep reading the article:

How To Make Your HDFC Credit Card Lifetime Free?

The lifetime free conversion condition of HDFC Credit Cards can be done on the basis of total spends within the first 90 days from the card issuance date. The offer is only applicable to the eligible cards that have been issued during the offer period, which is not clearly disclosed by the card issuer, so you can keep availing of its benefits until the bank discontinues it. However, the eligible customers will receive direct communication from the bank and those who don't receive a mail/SMS regarding this offer, won't be eligible for it. the offer is not valid for all cards, but only for the HDFC Credit Cards mentioned in the table below. You can understand the required milestone spend for eligible credit cards here:

Credit Cards

Spends Required Within First 90 days

HDFC Regalia Credit Card
HDFC Business Regalia Credit Card
HDFC Diners Privilege Credit Card
Indigo HDFC Bank 6E Rewards XL Credit Card

Rs. 1 lakh

HDFC Bank Millennia Credit Card

Rs. 50,000

HDFC MoneyBack Plus Credit Card
HDFC Freedom Credit Card
HDFC Bank Indian Oil Credit Card
Indigo HDFC 6E Reward Credit Card
HDFC Business MoneyBack Credit Card

Rs. 30,000

Also Read: HDFC Bank is Offering Card Upgrades or Higher Credit Limit to Credit Card Customers

Terms and Conditions

The offer is only applicable to the cards that are mentioned above in the table and not to all the HDFC bank Credit Cards.

On fulfilling the required milestone spends, the lifetime free offer will be applied to the eligible cards within 6 months from the issuance date.

The offer is only valid for cards that have been issued during the offer period.

Only cardholders who have received direct communication from HDFC Bank will be eligible for this offer.

You can check more details of the offer here.

Popular HDFC Bank Credit Cards (Which You Can Make Lifetime Free)

Out of a wide range of credit cards issued by HDFC Bank, the following are some of the most popular ones that you can make lifetime free through the above method or using other ways:

HDFC Regalia Credit Card

The HDFC Bank Regalia Credit Card, which generally comes with an annual fee of Rs. 2,500, is one of the most popular and desired credit cards offered by the bank. It offers a decent reward rate and several great benefits across other categories, including travel, dining, etc. The following are some of its most significant features:

The card offers 4 Reward Points on every spend of Rs. 150.

The cardholders get 12 complimentary domestic and 6 international lounge access every year.

Exclusive dining offers under the Dineout Passport Programme.

The cardholders get an air accident insurance cover worth Rs. 1 Crore.

HDFC Millennia Credit Card

The Millennia Credit Card issued by HDFC Bank is one of the best cashback credit cards in India. It charges an annual fee of Rs. 1,000, and provides you with great privileges across various categories. With this card, you can earn up to 5% cashback on your spends, i.e, you can save amazingly. Some other important benefits of this card are:

The cardholders can earn 5% cashback on selected online brands, and 1% cashback on all other spends.

The card offers 8 complimentary domestic lounge access every year.

You can enjoy up to 20% discount on dining at premium restaurants.

HDFC Bank MoneyBack Plus Credit Card

The HDFC Bank MoneyBack Plus Credit Card is a basic but popular card issued by HDFC Bank. It comes with an annual fee of Rs. 500 and offers a great reward rate with a number of additional benefits. the following are some of its important features:

The card offers 2 CashPoints on every spend of Rs. 150.

5x CashPoints on EMI transactions at selected merchant outlets and 10x CashPoints on selected online brands including Amazon, Flipkart, BigBasket, Swiggy, Zomato, etc.

The cardholders can earn gift vouchers worth up to Rs. 2,000 every year.

6E Rewards XL - Indigo HDFC Bank Credit Card

The 6E Rewards XL Credit Card is offered by the HDFC bank in partnership with Indigo airlines and hence it is targeted at frequent flyers. It comes with an annual fee of Rs. 2,500 and several travel-related benefits which are as follows:

Opportunity to earn a complimentary Indigo flight ticket as a welcome benefit.

5% 6E Rewards on Indigo spends and up to 3% 6E Rewards on other categories.

8 complimentary domestic lounge access every year.

HDFC Bank Diners Club Privilege Credit Card

The HDFC Bank Diners Club Privilege Credit Card comes with an annual fee of Rs. 2,500 and offers a very similar reward rate to the Regalia Credit Card. Other than this, the card has several other features as mentioned below:

The card offers 4 Reward Points on every spend of Rs. 150.

You get 12 complimentary domestic as well as international lunge access every year.

8 complimentary golf games every year.

The cardholders also get complimentary air accident cover worth up to Rs. 1 Crore.

6E Rewards - Indigo HDFC Bank Credit Card

The 6E Rewards Indigo Credit Card offered by HDFC Bank is a toned-down version of the 6E Rewards XL Card. It comes with an annual fee of Rs. 700 and rewards you in the form of 6E Rewards that are redeemable against various travel-related options. Some of this card's important features are:

2.5% 6E Rewards on Indigo ticket bookings.

Up to 2% 6E Rewards on other categories.

The cardholders can earn 1 complimentary flight ticket every year on achieving the spend milestone.

Benefits and Features of Lifetime Free HDFC Credit Cards

Some of the general features and benefits of the lifetime free credit cards are listed below:

You don't need to pay any annual maintenance charges in order to avail of the benefits of a lifetime free credit card.

The HDFC Bank Credit Cards, which you can make lifetime free, don't just come with a credit limit, but some of these also offer exclusive benefits like great reward rates, complimentary lounge access, and many more privileges across different categories.

The lifetime free credit cards are generally easier to get approved for compared to other expensive cards.

Bottom Line

HDFC Bank, being the most popular credit card issuer in India, keeps launching exclusive offers from time to time, and this time, it has come with an exceptionally amazing offer for cardholders. The eligible cardholders can make their credit card lifetime free just by spending the stipulated amount within the given time period. However, some of these cards also offer to spend based waiver of the annual fee, and the cardholders can also make their HDFC Bank cards (selected cards) lifetime free by activating Balance Transfer, OneAssist, or SmartPay on their credit card and renewing it every year. But under this offer, you have a chance to make your card free for a lifetime at once. So, if you were planning to make some large spends, you should apply for one of these cards and try to make it lifetime free. In case of any further doubts regarding this offer, you can freely ask us in the comment section below!

FAQs
1. How to make HDFC credit card lifetime free through smartpay?
You can make the above-mentioned HDFC Credit Cards lifetime free by activating SmartPay on your credit card within the first 90 days of card issuance and renewing it every year.
2. How to make HDFC credit card lifetime free through OneAssist?
Another option to make your credit card lifetime free is to subscribe to OneAssist through your credit card and renew it every year.
3. How to check whether I can make my HDFC Credit Card lifetime free or not?
The eligible cardholders under the lifetime free offer are directly communicated by the bank. So, if you would be an eligible cardholder, you will receive an email/SMS regarding the same on your registered email ID/mobile number.
4. Is the HDFC Millennia Credit Card also eligible under the lifetime free offer?
Yes, the Millennia Credit Card is also eligible for this offer.

# data[].attributes.attachment_link.title
HDFC Credit Card Lifetime Free : June 2022 Conditions

# data[].attributes.attachment_link.description
If you are an HDFC Bank Credit Cardholder, here is some good news for you. The HDFC bank is providing its cardholders with a great opportunity to make their credit card lifetime free by achieving the required spend milestone within a specific time period.

# data[].attributes.headline
SBI Prime Credit Card vs SBI SimplySAVE Credit Card?

# data[].attributes.subject
SBI Prime Credit Card vs SBI SimplySAVE Credit Card?

# data[].attributes.body
In this post you will learn about SBI Prime Credit Card vs SBI SimplySAVE Credit Card?

The SBI Prime credit card is one of the most premium credit cards that you can own in india. The Sbi Simply Save Credit cards offer incredible savings on purchase.

Click on the link to know more:
https://cardinsider.com/blog/sbi-prime-vs-simply-save-credit-card/

# data[].attributes.attachment_link.readable_text
SBI Prime Credit Card is a lifestyle credit card that extends various offers on your lifestyle activities such as lounge activities, discounts on hotel bookings, movie tickets at discounted rates, etc. Additionally, this card provides you with reward points that are different for spending on different categories. While on the other hand, SBI SimplySAVE Credit Card is an entry-level credit card that allows its holders to enjoy great cashback as they are new to this field. You are eligible to earn accelerated reward points while shopping and spending on some specific categories. Since this is an entry-level credit card, hence it does not provide you any value-added benefit as compared to the SBI Prime Credit Card. SBI Prime Credit Card comes with a joining fee of Rs. 2,999 per annum while SBI SimplySAVE Credit Card comes with a low joining fee of Rs. 499 per annum.

Both the SBI Credit Cards are quite different from each other in the context of the reward and benefits they offer. This article will discuss in detail the features that these two cards individually carry with themselves -

SBI Prime Credit Card

SBI Prime Credit Card is a downgraded version of the SBI Elite Credit Card. The features and benefits that the SBI Prime card offers are quite similar to that of the SBI Elite Card. With this card, you can earn accelerated reward points while paying for dining, grocery, and departmental store bills. Also, this card provides you with domestic and international lounge access, discounts on hotel bookings, etc. With a joining fee of Rs. 2,999 (plus applicable taxes), the rewards and benefits that this card provides are quite decent. Let us now discuss in detail this credit card by SBI-

As a welcome gift, you get a gift voucher worth Rs. 3,000 which can be of any brand our of - Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop, and Yatra.com.

You earn 5x Rewards for every Rs. 100 spent on movie, grocery, dining, and departmental store bills.

2 Reward Points for every Rs. 100 spent on all other categories

You can enjoy up to 25% off on your dining bills at all the partnered restaurants while paying through SBI Prime Credit Card, Complimentary Tablet Plus Membership with access to VIP upgrades at hotels around the world (These benefits are available to SBI Prime Credit Card -American Express Variant only)

You get complimentary Club Vistara and Trident Privilege Red Tier Membership.

Up to 15% off on the best available room rent on Lalit and F&B Hotels, up to 10% off on Hertz Car Rentals, and up to 35% off on Avis Car Rentals and exclusive benefits across 900 luxury hotels. (These benefits are applicable for SBI Prime Credit Card - Visa Variant only)

The cardholder can enjoy 8 domestic and 4 international complimentary lounge access. (limited to 2 per quarter)

With SBI Prime Credit Card MasterCard Variant, you can enjoy 4 rounds of complimentary green fees and a maximum of 50% discount on golf games along with 1 complimentary lesson per month at the selected golf courses in India.

1% fuel surcharge waiver on all transactions between Rs. 500 and Rs. 4,000 at all fuel stations across India. (Waiver capping of Rs. 250 in a month)

The rewards earned with this card can be redeemed for gift vouchers available at www.sbicard.com, or for paying SBI Credit Card Bill wherein 1 Reward Point = Rs. 0.25

SBI SimplySAVE Credit Card

SBI SimplySAVE Credit Card is an entry-level credit card that is best suitable for new entrants in this field. This card lets you earn enhanced reward points while spending on movies, departmental stores, dining, and grocery. No value-added benefits like lounge access, golf courses, etc will be available on this card as this card is an entry-level credit card. Placed at an annual fee of Rs. 499 plus applicable taxes, this card comes with various features that are discussed in this article below -

A welcome benefit of 2,000 reward points on spending Rs. 2,000 through your credit card within 60 days of issuance of the credit card.

10x Reward Points for every Rs. 100 spent towards movie, dining, departmental store and grocery spends.

1 Reward Point for every Rs. 100 spent on all other categories.

As a milestone benefit, the annual fee for the succeeding year of the SBI SimplySAVE Credit Card will be waived off on spending of Rs. 1,00,000 in the preceding year.

You are entitled to a 1% fuel surcharge waiver on transactions of Rs. 500 to Rs. 3,000 at all fuel stations across India. The waiver amount is capped at a maximum of Rs. 100 per statement cycle.

The reward points earned with SBI SimplySave Credit Card can be redeemed against the gift vouchers available at www.sbicard.com or by logging in to the SBI Mobile Application.

The points can also be used for paying the outstanding balance towards your credit card, wherein 4 Reward Points = Re. 1.

Quick Comparison

Now that we have discussed the features of both the cards individually, let us now have a quick comparison between SBI Prime Credit Card and SBI SimplySAVE Credit Card -

Basis

SBI Prime Credit Card

SBI SimplySAVE Credit Card

Reward Rate

5x RP on every Rs. 100 spent on dining, groceries, departmental stores, and movies.

2 RP on every Rs. 100 spent on all other spends.

10x RP on every Rs. 100 spent on dining, groceries, departmental stores, and movies.

1 RP for every Rs. 100 spent on all other spends.

Reward Redemption

Can be redeemed for gift vouchers available on www.sbicard.com or on SBI Mobile Application.

Can be redeemed for paying outstanding credit card bills.

Can be redeemed for gift vouchers available on www.sbicard.com or on SBI Mobile Application.

Can be redeemed for paying the outstanding bill of the credit card

Milestone Benefits

As a milestone benefit, waiver of the annual fee on spending Rs. 1,00,000 in the previous year.

Dining Benefits

5x RP on dining spends.

25% on dining bills at partnered restaurants using the American Express variant of this card.

Eligibility

Issued to either salaried or self-employed individual.

Minimum salary of Rs. 32,000 per month and Age between 18-65 years in case of a salaried individual.

Minimum income of Rs. 32,000 (as per ITR) and age between 21-65 years in case of a self-employed individual.

Issued to either salaried or self-employed individual.

Minimum salary of Rs. 20,000 per month and age between 18-65 years in case of a salaried individual.

Minimum income of Rs. 20,000 (as per ITR) and age between 21 - 65 years in the case of a self-employed individual.

Bottom Line

Both the credit cards by SBI, namely SBI Prime Credit Card and SBI SimplySAVE Credit Card are decent credit cards. While one can be considered a mid-level credit card (SBI Prime Credit Card), the other one is just an entry-level credit card (SBI SimplySAVE Credit Card). The former is suitable for those people who spend a considerable portion of their income on shopping and traveling expenses while refraining from paying high annual fees. This card offers decent rewards and benefits as compared to the annual fee of Rs. 2,999.

While the latter is designed for the people who are new entrants in the field of credit cards. It is suitable for people who just want to enjoy reward points on each of their spendings and are not concerned with any value-added benefits. At a nominal fee of Rs. 499, this card offers great and even accelerated rewards points on some of your spending. Now that we have explained all the features of both the cards in detail, it is the customer's choice which card he wants to opt for on the basis of his needs.

# data[].attributes.attachment_link.description
SBI Prime Credit Card is a lifestyle credit card that extends various offers on your lifestyle activities such as lounge activities, discounts on hotel bookings, movie tickets at discounted rates, etc. Additionally, this card provides you with reward points that are different for spending on different categories.

# data[].attributes.headline
 HDFC Credit Card Reward Points Value in Rupees?

# data[].attributes.subject
 HDFC Credit Card Reward Points Value in Rupees?

# data[].attributes.body
HDFC Credit Cards have exciting offers and discounts. You can even earn reward points through it. So, the value of one reward point in HDFC credit card is 30 paisa and if you are redeeming it at HDFC All Miles then its value increases to 50 paise.

Click on the link to get full information:
https://cardinsider.com/blog/hdfc-credit-card-reward-points-value-in-rupees/

# data[].attributes.attachment_link.readable_text
Apart from the co-branded credit cards that the bank offers in collaboration with another brand, HDFC credit cards can be classified into two categories on the basis of their reward structure- Reward Points based credit cards and Cashback based credit cards.

HDFC Reward Points Credit Cards

As is obvious from the name itself, Reward Points based credit cards earn Reward Points that are redeemable for AirMiles, flight/hotel bookings, products/vouchers and cashback (adjustment against the card's statement balance). The monetary value of the Reward Points is different for different credit cards and also varies depending upon the type of redemption, for example, for a particular credit card, 1 Reward Point might be worth Re. 1 for redemption against flight ticket bookings, while it might be worth just Rs. 0.30 if adjusted against the card's monthly statement balance (i.e. redemption as cashback). Now, we will see the value of Reward Points in rupees for some of the popular HDFC Bank credit cards-

HDFC Infinia Metal Edition Credit Card

It is the most premium credit card offered by HDFC. The card earns 5 Reward Points per Rs. 150 spent and up to 10x Reward Points on SmartBuy. The Reward Points earned on the Infinia Credit Card can be redeemed for AirMiles, flight/hotel bookings, products/vouchers amd Apple/Tanishq vouchers. The following table shows the value of the Reward Points earned on HDFC Infinia Credit Card in rupees for different redemption categories-

HDFC Diners Club Black Credit Card

It is the second most premium offering by the bank after Infinia. Just like Infinia, Diners Club Black Credit Card also earns 5 Reward Points per Rs. 150 spent. The Reward Points earned on the Diners Club Black Credit Card can also be redeemed for AirMiles, flight/hotel bookings, products/vouchers and cashback. The redemption rate of Reward Points on HDFC Diners Club Black Credit Card is as per the following table-

Value of 1 HDFC Diners Club Black Reward Point

Flights/Hotels on SmartBuy

Flights/Hotels on SmartBuy

Product Catalogue (vouchers/products)

Product Catalogue (vouchers/products)

HDFC Regalia Credit Card

HDFC Regalia Credit is one of the most popular lifestyle credit cards in the Indian credit card market. Regalia Credit Card earns 4 Reward Points per Rs. 150 spent and up to 10x Points on SmartBuy. The Reward Points earned on the Regalia Credit Card can be redeemed for AirMiles, flight/hotel bookings, products/vouchers or cashback. The monetary value of Reward Points is as per the table below-

HDFC IndiGo Co-branded Credit Cards

HDFC Bank offers two travel credit cards in partnership with IndiGo airline- IndiGo 6E Rewards XL HDFC Bank Credit Card and IndiGo 6E Rewards HDFC Credit Card. As these are IndiGo cobranded credit cards, the cardholders earn Reward Points as IndiGo 6E Rewards which can be redeemed for booking IndiGo flight tickets or IndiGo add-ons.

How to Redeem HDFC Credit Card Reward Points

The Reward Points earned on your HDFC Bank credit card can be redeemed for flight/hotel bookings, AirMiles of partner airlines, for purchasing products/vouchers from the bank's catalog, cashback (adjustment against the card's statement balance) and Apple/Tanishq vouchers (only applicable for the Infinia Credit Card). HDFC Reward Points can be redeemed only up to two years from the date of accrual and expire thereafter. We will now discuss how you can redeem the Reward Points on your HDFC Bank credit card.

Redemption of Reward Points for Flight/Hotel Bookings

The Reward Points earned on your HDFC Bank Credit Card can be redeemed for flight/hotel bookings via the flight/hotel bookings page via SmartBuy or through the bank's netbanking service. It is worth noting that only a maximum of 70% of the total amount can be paid via SmartBuy and the rest of the amount is to be paid by the cardholder using their HDFC credit card.

Redemption of Reward Points for AirMiles

HDFC Reward Points can also be redeemed against partner airlines' AirMiles. You can redeem the Reward Points earned on your HDFC Bank credit card against Club Vistara Points, Kris Flyer Miles and Intermiles.

To redeem the Reward Points on your HDFC credit card, you must first register for the airline's frequent flyer program. Once registered, you can transfer the Reward Points accrued on your HDFC credit card as Airmiles the partner airline's frequent flyer program through HDFC credit card net banking by following the steps given below-

Go to the HDFC Internet Banking portal and log in with your credentials.

Click/tap on Credit Cards-> Enquire-> Redeem Reward Points. A new window will open.

Now if you have not registered for the Frequent Flyer program you wish to redeem your Reward Points against, you must first register for the same by going to the Frequent Flyer Registration in the AirMiles menu.

If you have already registered for any of the Frequent Flyer programs, click/tap on AirMiles Redemption.

Select the airline, your frequent flyer number, and enter your name and your credit card's expiry date on the next page that opens. Your HDFC Reward Points will be transferred to your Frequent Flyer account.

Redemption of Reward Points for products/vouchers

The Reward Points earned on HDFC Infinia, Diners Club Black and Regalia credit cards can be redeemed for vouchers/products on the SmartBuy portal, while those earned on other HDFC credit cards can be redeemed only via HDFC internet banking. To redeem the Reward Points on SmartBuy-

Visit the SmartBuy home page and click/tap on Instant Vouchers at the top of the window.

A new window will open. Here you can see all the brands whose gift vouchers are available on SmartBuy. Select the brand whose voucher you wish to purchase.

On the next page, choose the denomination of the voucher and add it to your cart.

Now check out using your Reward Point balance in your credit card account.

To redeem the HDFC Reward Points on your other HDFC Bank credit cards-

Visit the HDFC net banking portal and log in with your credentials.

Now under the Enquire tab, click/tap on Redeem Reward Points.

Choose to redeem the Reward Points for products/vouchers and select the product/voucher of your choice and check out using the Reward Points balance in your credit card account.

Redemption of Reward Points for Apple/Tanishq Vouchers

This redemption is available only on the Infinia and Infinia Metal Edition Credit Card. You can redeem the Reward Points earned on your HDFC Infinia Credit Card for Apple/Tanishq vouchers through HDFC net banking.

Redemption of Reward Points for Cashback

You can also convert the Reward Points that you have earned on your HDFC credit card into cashback that is adjusted against the next month's statement of your credit card. This option is available through HDFC internet banking service. To redeem your HDFC credit card Reward Points for cashback-

Login to HDFC internet banking with your credentials.

Now under the Enquire menu, select Redeem Reward Points and select Cashback as the redemption option.

On the next page, you will be able to see the total number of Reward Points in your credit card account and the INR equivalent of the same.

Enter the number of Reward Points you wish to redeem in the designated field and click/tap on Proceed.

HDFC Cashback Credit Cards

Cashback Credit Cards by HDFC Bank earn cashback in form of CashPoints, which can also be redeemed for flight/hotel bookings, AirMiles, product catalogs and cashback. The redemption value of CashPoints for cashback (adjustment against the card's statement balance) is usually more than that of Reward Points. Following are some of the most popular HDFC credit cards with a cashback structure-

HDFC Millennia Credit Card

Targeted towards millennials, the Millennia Credit Card by HDFC is one of the most popular offerings by the bank in the mid-range segment. The card earns 5% cashback at partner online brands including Amazon and Flipkart and 1% cashback on all other spends with the card. The cashback is credited as CashPoints that are redeemable for a variety of spends. The following table shows the redemption rate of CashPoints against different redemption categories-

HDFC MoneyBack+ Credit Card

HDFC MoneyBack+ Credit Card is an entry-level cashback credit card by the bank. MoneyBack+ Credit Card earns 2 CashPoints per Rs. 150 spent with the card. You earn 5x CashPoints on EMI transactions at partner outlets and 10x CashPoints on partner brands including Amazon and Flipkart. Just like other HDFC credit cards, the CashPoints earned on the MoneyBack+ Credit Card can also be redeemed for AirMiles, products/vouchers, flight/hotel bookings and cashback. The monetary value of the CashPoints earned on HDFC MoneyBack+ Credit Card is Rs. 0.25 irrespective of the redemption category.

HDFC EasyEMI Credit Card

The EasyEMI Credit Card is another entry-level cashback credit card by HDFC Bank. The card earns you a cashback of 5% on online spends at partner merchants including Amazon and Flipkart, 2.5% cashback on all other online purchases and 1% cashback on all offline spends with the card. The cashback, like other cashback-based cards by HDFC, is credited as CashPoints to the credit card account which are redeemable as per the following table-

Bottom Line

As you can see, almost all credit cards by HDFC Bank offer at least a decent reward rate depending upon their annual fee and eligibility criteria. Premium credit cards that come with a higher annual fee obviously offer a higher reward rate, while entry-level cards that come with a nominal annual fee offer a much lower reward rate. The monetary value of Reward Points earned on two of the bank's most premium credit cards- Infinia and Diners Club Black is up to Re. 1/Point. CashPoints earned on the Millennia Credit Card are also valued at Re. 1 per CashPoint.

Credit cards with a Reward Points structure always offer a lower reward rate on redemption of Reward Points as cashback, while those credit cards that earn CashPoints, usually offer a higher reward (or an equal reward rate) on redemption of the Reward Points against cashback (adjustment against the card's monthly statement balance).

# data[].attributes.attachment_link.title
HDFC Credit Card Reward Points Value in Rupees - Card Insider

# data[].attributes.attachment_link.description
Apart from the co-branded credit cards that the bank offers in collaboration with another brand, HDFC credit cards can be classified into two categories on the basis of their reward structure- Reward Points based credit cards and Cashback based credit cards.

# data[].attributes.headline
Why Do Credit Cards Have Expiration Dates ?

# data[].attributes.subject
Why Do Credit Cards Have Expiration Dates ?

# data[].attributes.body
In this post you will get information about Credit card companies use expiration dates to replace cards that may be damaged through normal wear and tear and for fraud prevention.

For more information click on the link :
https://cardinsider.com/blog/why-do-credit-cards-have-expiration-dates/

# data[].attributes.attachment_link.readable_text
Have you ever wondered why do credit cards have expiration dates? Why while making online payments you are required to enter the expiry date as well? The answer to this is that credit card companies can anticipate when a credit card might get physically worn out and may need a replacement. This is the reason why they include the expiry date on the credit card. Also, the expiry date embossed on the credit card works as a verification factor while making payments through an online platform.

There are various reasons behind the fact that credit cards are valid only for a certain period of time. But the important thing that everybody should know is that it is just the credit card that expires on that particular date and not the account which is linked to that credit card. It has nothing to do with the account the credit card is associated with. The card will be valid till the particular month of a year which is printed on the credit card. In the meanwhile, you will get a new credit card delivered to your address which you can use post the expiry of your existing credit card.

What is Credit Card Expiry Date?

The expiry date is a date embossed or printed on your card beyond which your card will be deactivated and you will not be able to use that credit card any further. The expiry date is printed on the face of the card towards the bottom side. The card is generally valid till the last day of the month which is written on the card. So, if the expiry date on your credit card is "06/22", this means that your card is valid till June 30th, 2022. This card will not be valid after the said date. Hence, even if you try to make a purchase using this card on July 1st, 2022, the transaction would probably be declined.

Reasons why credit card has expiry date

Following are some of the most significant reasons why your credit card comes with an expiry date:

Technological updation

Credit cards are continuously evolving and so is the technology behind them. These cards have been progressing from magnetic stripes to EMV chips and now they have come up with contactless payment features. Technological updation is required even for safety purposes. Sometimes, due to the launch of some mandatory technology upgrade, the bank may be required to upgrade your card and send it to your address even before the expiry of your credit card.

Also Read: How to Upgrade to a New Credit Card from the Same Bank

Wear and Tear

A credit card is just a piece of plastic that can not be used forever, especially in today's world where they are used so frequently. These cards are so many times used in the POS machine and inserted and taken out of the wallet many times. All such things cause wear and tear of credit cards. The magnetic chip or the EMV stripe may get damaged because of all such things and then your card might not function properly. These card issuing companies are in the business of generating money and it would be of no use if their card is not working properly. Hence, it becomes their responsibility to provide fresh cards to their customers from time to time so that they do not have to face any inconvenience.

Protection against fraud

As hackers these days have become very smart these days, they can crack all the security features applied to the card, hence it is important to update them from time to time. While making payment through an online platform, the card expiry date acts as an additional feature that is required to confirm the genuineness of the transaction. Replacing your existing card with a new credit card will help you with more secure features by updating the technology of the card and reducing the risk of fraud.

Check here: 10 Safety Tips Pertaining To Your Credit Card

What to do when your credit card expires?

Credit cards come with an expiry date because of several reasons as explained. Therefore it will be of no use to keep the expired credit card with you as it will not help you in making any payments after the last day of the expiration month.

You generally have to do nothing when your credit card expires because banks already have the data of all the credit cardholders which contains all the details about the credit cards as well. Hence, you will automatically be provided with a new credit card almost a month before the expiry date of your existing credit card. You just need to take care of the following points -

If in case you have not received a new credit card before the expiry date of the existing card, you can simply walk-in to the nearest bank branch of your respective card issuer company and inform them about the same. Secondly, you can call the customer care number present on the backside of the card and explain to them about the situation you are in, that your credit card is going to expire and you haven't yet received any new credit card. They will surely help you in this situation.

If your communication address has been changed, you need to get it updated with the bank as well. Carry all the required documents with you that will be needed for address change like address proof, your identity card, etc. You should do it well before your card expires because otherwise the new card will be sent to your communication address that is registered with the bank.

All your bill payment applications must be updated with the new credit card. All the details of your expired credit card should be removed from these. This is the reason that when on the due date of your bill payments, the amount would not be deducted from the credit card as it has already expired. All such will then remain overdue and EMI's would bounce and incur bouncing charges.

Another important point to note is that although the card number of your expired card and the card number of your new credit card will remain the same, all other details such as expiry date and CVV will be changed. This is a type of security feature that comes with the new card. All other terms and conditions, applicable fees, and charges would remain the same on the new card as on the old card. If there occurs any change, you would be pre-informed by the bank.

Also, you need to properly dispose of the expired credit card. You can simply cut the card into small pieces and then throw away the pieces differently. You should not throw all the pieces in the same place.

Bottom Line

Everything comes with an expiry date and so does a credit card. Every credit card has its expiry date printed on the card. There are various reasons behind this like technological updation, fraud prevention, etc. An important point to note is that it is just the credit card that expires and not the account related to it. It is done just to ensure that updated technology reaches every cardholder and he does not get caught in any fraud due to any technological lack.

# data[].attributes.attachment_link.title
Why Do Credit Cards Have Expiration Dates ?

# data[].attributes.attachment_link.description
Have you ever wondered why do credit cards have expiration dates? Why while making online payments you are required to enter the expiry date as well? The answer to this is that credit card companies can anticipate when a credit card might get physically worn out and may need a replacement.

# data[].attributes.headline
Consider Before Applying For A Travel Credit Card .

# data[].attributes.subject
Consider Before Applying For A Travel Credit Card .

# data[].attributes.body
Travel credit cards have become an excellent tool for business travellers and holidaymakers.

These cards earn higher benefits on travel-related swipes and allow the accumulated reward points to be redeemed for air tickets and hotel stays.

Click on the link to know more :
https://cardinsider.com/blog/points-to-consider-before-applying-for-a-travel-card/

# data[].attributes.attachment_link.readable_text
Signing up for a travel credit card is a great way to save some cash while you are traveling. These cards are highly rewarding and enhance your travel experiences by providing reward points, travel-related offers and discounts, and much more exciting benefits. Some cards also provide additional benefits such as complimentary airport lounge access, free checked bags, and priority check-in at the airport.

Nevertheless, most of these credit cards come with comparatively higher annual and other associated fees. Travel-related credit cards offer exciting sign-up bonuses such as vouchers, AirMiles, and reward points. But, before applying for a credit card, it is imperative to understand the terms and conditions associated with it so that you can use it to your maximum advantage.

Also Check: List of Top Travel Rewards Credit Cards

Things That You Need To Consider

Choosing the right travel credit card for yourself is not really an easy task. You need to keep a lot of things in mind before applying for one. A few points to consider while applying for a travel credit card are as follows:

Your Credit Score and Eligibility

Before applying for a travel credit card, or any credit card, you have to check whether your credit score falls in the bracket of the required credit score range for the application process. Credit card rejections can decrease your credit score and become a part of your credit history and that is something that you wouldn't want for sure. Therefore, if your credit score is below the required range, take some time to improve it before applying for the card of your interest. Apart from this, multiple other factors come into play when checking your eligibility. For example, your card application might be rejected if you have applied for too many credit cards in a short period. For that reason, it is important to read all the terms and conditions before you proceed with the credit card application.

Joining and Renewal Fees

Travel credit cards tend to have higher joining and renewal fees as compared to regular credit cards. The joining fee of some credit cards is as high as Rs. 50,000 or even more. Therefore, it is important to weigh the rewards, discounts, and other benefits such as air miles against the total of all fees that you'll have to pay for a certain card. Only if you are a frequent traveler and your spending budget helps you in redeeming rewards that would outweigh the cumulative fee should you opt for a travel credit card. Although there are some travel credit cards such as IndusInd Bank Pinnacle World Credit Card which have a joining fee but no further annual fee, choosing cards that have an annual fee helps you accumulate rewards at a faster rate.

Type of The Card

There are two types of travel credit cards to choose from: co-branded or non-co-branded. Co-branded credit cards are offered as a product of the partnership between a merchant and a credit card issuer. These cards offer higher reward points when you spend on that specific partner brand and the points earned can only be redeemed against further spending on that brand. Axis Bank Vistara Credit Card offers 2 CV points on the expenditure of Rs. 200 and air insurance of up to Rs. 2.55 crore.

On the other hand, non-co-branded credit cards or brand-neutral travel credit cards offer better options for redeeming the accrued reward points. Also, the accumulated Airmiles can be used to book flight tickets for any airline. You can also use the points to redeem gift vouchers or shop at partner retail stores. If you are loyal to a particular travel brand and use it frequently, then a co-branded credit card is a better choice, otherwise, go for the non-co-branded card.

Sign up bonuses

Sign-up bonuses are offered by credit card companies to attract people to sign-up for their credit cards. These benefits can be lucrative as they offer additional travel miles, reward points, and other perks. Different credit card issuers may have different sign programs. Many travel credit cards offer sign-up bonuses which include free flights and hotel rewards, so take enough time to research the bonuses. Also, if 2 credit cards are offering 3000 reward points as a sign-up bonus, they may or may not be of the same value, as it depends on the redemption rate. The sign-up programs might vary all year long so it is important to keep an eye on the best offer that you get.

Additional Travel-Related Benefits

There are multiple travel benefits that credit cards offer and they vary from one credit card issuer to another. Some of the perks include lost luggage insurance, free checked bags, discounts, boarding the flight on priority, and complimentary access to airport lounges. Such benefits can be helpful for frequent travelers while other benefits such as dining discounts, fuel surcharge waivers, and renewal fee waivers can help you save through your travel card even when you are not traveling. Therefore, it is a good idea to take some time to compare these benefits and choose the travel credit card that suits your travel lifestyle the best.

Validity of Accumulated Reward Points and Airmiles

Different credit cards offer different expiry dates on reward points. Some credit cards offer no expiry date on reward points, which is an ideal bargain, whereas others let you use your reward points until a certain day. Certain credit cards such as Axis Bank Miles and More World Credit Card offer amazing rewards and the reward points do not have an expiry date. Hence, it is recommended that you read all terms and conditions of the credit card properly to avoid any misconceptions related to it.

Reward Redemption Rate

Every time you use your travel credit card, you earn a certain number of points/miles based on the kind of purchase you made. For example, when you use Axis Bank Miles and More World Credit Card, you get 20 points on every Rs. 200 spent. When comparing reward points, you should either look for a larger number of points accumulated on every transaction or if the number of points is less, then their redemption amount should be high. You should also look for credit cards that offer more reward points in the category that you spend often. For example, If you are a frequent traveler, getting 5 reward points on every Rs. 100 spent on travel would be more beneficial for you than getting 5 reward points on Rs. 100 spent on dining out.

Foreign Transaction Fees

If you use your credit card often while traveling internationally, you'll have to consider the foreign transaction fees of the credit card while applying for one. This fee is charged when a user makes a payment to an international merchant or if the transaction is processed through a bank overseas. These are basically currency conversion costs charged by the banks. Generally, credit cards charge a forex markup fee of 3.5%, but for frequent flyers, some of the premium cards having a 2% or lesser forex markup fee would be a great option. If you frequently use your credit card for transactions overseas, it is ideal if you get a credit card with a low foreign transaction fee.

The Bottom Line

With a plethora of travel credit card options available in the market, it becomes important to understand your travel goals first and then take some time to research credit cards that would best align with your travel plans. You must consider all aspects such as annual fees, reward points, additional benefits offered, etc before applying for a credit card. Eventually, if you find a suitable travel credit card, it would help you in cutting down your travel expenses significantly. Just make sure to use your card responsibly and wisely to get the most out of it.

# data[].attributes.attachment_link.title
Points To Consider Before Applying For A Travel Card

# data[].attributes.attachment_link.description
Signing up for a travel credit card is a great way to save some cash while you are traveling. These cards are highly rewarding and enhance your travel experiences by providing reward points, travel-related offers and discounts, and much more exciting benefits.

# data[].attributes.body
In this post you will learn about the reason to use credit cards :

A credit card is a convenient financial product that can be used for everyday purchases such as gas, groceries, and other goods and services.
Click on the link to know more about:
https://cardinsider.com/blog/reasons-to-use-a-credit-card/

# data[].attributes.attachment_link.readable_text
You might have heard of some people who end up racking with high debt using a credit card. But, what are the reasons to use a credit card then? It is because this is not what having a credit card is actually like. Credit card debt is what you should avoid and not credit cards. If you can use your credit card responsibly and wisely, it can be the greatest financial tool you have. Still, you can think about why to use a credit card when you have other easy options like cash & debit cards to pay for your purchases.

Making purchases is not the only thing you can do with your credit card. You can save every time you spend, you can get extra benefits like life insurance, medical insurance, etc, you can build your credit score and the list goes on. Following are the 10 most significant reasons to use a credit card:

1. Financial Stability

With a credit card, you can make purchases even if you don't have that sufficient balance in your account as you have the option to pay later for it. It is the easiest way to borrow with a credit card if you have chosen the right one. So, if your friends make a sudden movie plan or they plan an instant trip, you don't need to worry about the amount in your bank account. You can just swipe your credit card to book movie/flight/hotel tickets and enjoy yourself with your friends. Hence, a credit card can provide you with financial stability and allows you to spend without thinking twice when it's necessary.

2. Build Your Credit Score

A credit score is something that plays a huge role when you apply for a credit card or a loan. The credit score depends on your credit report, which contains all the information about credit cards & loans you've applied for and how responsibly you paid them. Using your credit card responsibly can affect your credit score in a very positive manner, and hence you can get higher loan amounts at low-interest rates. However, using a debit card doesn't affect your credit score in any manner. Therefore, using a credit card can be really helpful in building a strong credit score.

3. Easy & Safe To Carry Around

It is far safer to carry a credit card with you than to carry cash when you go out. If you lose the cash, there is no way to recover the loss. But, in the case of a lost credit card, the loss belongs to the card issuer. You just need to inform the loss to the bank and your card will get blocked or the bank will be responsible for any unauthorized transactions made on it. Carrying a credit card is easier as well as you can just swipe it to pay unlike that in the cash of cash, which you have to count every time you pay.

4. Rewards & Offers

Almost all the credit cards come with great reward programs & cashback offers to let you save on your purchases. Credit cards offer you reward points, cashback, Airmiles, etc every time you spend, and you can use these rewards for various purposes like shopping, flight/hotel bookings, cashback, etc. Other than these regular rewards, you can earn additional reward points as a welcome benefit, milestone benefit, and several other offers launched from time to time by credit cards. Hence, unlike purchases made through cash, you can save amazingly on your purchases made using your credit card, which is one of the most significant reasons to use a credit card.

5. Protection Against Fraud

Protection against fraud is provided by all credit cards, which means that the cardholder is protected from any unauthorized transactions made on his/her card. If your credit card is lost/stolen, you don't need to worry. Just inform the loss to the bank/card issuer or get your credit card blocked immediately. After reporting the loss to the bank, you will not be liable for any fraudulent transactions made on your card.

6. Universal Acceptance

Most of the rental car companies or hotels want their customers to pay using a credit card as they place a hold of some hundred dollars on your card which might be inconvenient in the case of a debit card. Moreover, when you travel to a different country, your credit card can be your best friend as you can use the lower foreign currency exchange rates on your credit cards unlike that of the higher exchange rate for cash.

7. Insurance

If you check the detailed terms & conditions of your credit card, you will find that the card has come with some additional benefits that you didn't even know. Most credit cards provide life insurance, medical insurance, or travel insurance to their customers in order to make you feel secure about any emergency conditions. As accidents can not be predicted, the insurance covers provided by a credit card can be a lifesaver in such situations.

8. Purchase & Travel Protections

Credit cards also come with exclusive purchase protection covers to save their customers from any loss due to a wrong/damaged purchase. If you have bought any item using a credit card and later you find that it is damaged or not working properly, you can return it and get your amount refunded. Some credit cards also offer extended warranty on electronics and other items that are expected to be used for a long time. The warranty period can even be doubled using a credit card in some cases. The only thing you need to do is: keep your receipts and be aware of such offers on your credit card.

9. Built-In Grace Periods

Most credit cards come with a grace period of 30 days or less, which means you are charged no interest for the purchase you have made using your credit card. You can avail of the maximum benefit using your credit card if you arrange the debt amount within the grace period or zero-interest period. Even if you can't pay the full amount, you should try to pay the maximum out of it in the grace period & then the rest can be paid every month with a fixed nominal interest rate.

Also Learn: All About A Credit Card Grace Period

10. Balance Transfer

Credit cards also allow you to transfer your debt from one card to another. So, if you own debt on a card with a high-interest rate, you can transfer that debt to a card with a lower interest rate. It is obvious that you'll have to pay your debt, but paying it back with a lower interest rate can save you a lot.

Bottom Line

With so many advantages of using a credit card, you should now think of having a card if you don't already have one. But, just make sure to pay your bills before the due date to avoid high debts. Moreover, you also need to read the detailed terms & conditions of a credit card before getting it issued to know all its fees & charges, eligibility, and benefits. You can compare different cards & choose the one that suits you best. If you can do so, there is no reason not to use a credit card as it will not only make your transactions easier but will also let you save on all your expenses.

# data[].attributes.attachment_link.title
10 Reasons To Use a Credit Card - Card Insider

# data[].attributes.attachment_link.description
You might have heard of some people who end up racking with high debt using a credit card. But, what are the reasons to use a credit card then? It is because this is not what having a credit card is actually like. Credit card debt is what you should avoid and not credit cards.

# data[].attributes.headline
Amazon Pay ICICI Bank Credit Card vs HDFC Regalia Credit Card

# data[].attributes.subject
Amazon Pay ICICI Bank Credit Card vs HDFC Regalia Credit Card

# data[].attributes.body
In this post you will learn about the Amazon Pay ICICI Bank Credit Card vs HDFC Regalia Credit Card · Earn 10,000 Reward Points when achieving annual spends of Rs. 5 lakhs.

Click on the link to get the full information about the amazon pay:
https://cardinsider.com/blog/amazon-pay-icici-credit-card-vs-hdfc-regalia-credit-card/

# data[].attributes.attachment_link.readable_text
The Amazon Pay Credit Card by ICICI Bank is a co-branded credit card for which Amazon India and ICICI Bank entered into a collaboration and launched it on the Visa Platform. This card has become quite popular in the market, especially amongst people who frequently shop online. This card offers amazing cashback to Amazon Prime members while they make their purchases on the Amazon website or mobile application. This card provides you with Amazon Pay Cashback which is credited into your Amazon Pay Balance. It not only benefits the prime members but the non-prime members can also enjoy a cashback of 3% on their purchases through Amazon. Without charging any joining or renewal fee, this card offers great cashback deals to all its customers.

On the other hand, the HDFC Bank Regalia Credit Card is one of the premium credit cards issued by HDFC Bank. It not only offers amazing deals while spending on travel and lifestyle benefits but also provides you with bonus reward points as a welcome benefit. This card has been specially designed for people who want to enjoy luxuries in their lifestyle while traveling and dining. You can earn reward points on all your spends made using this card. As luxury benefits, you get complimentary access to international and domestic lounges and are also entitled to a complimentary Priority Pass Membership.
Both credit cards provide unmatched deals within their individual categories on the basis of where you spend using your credit card. Let us discuss in detail the features and benefits that these cards provide to have a better understanding of these credit cards -

Amazon Pay ICICI Bank Credit Card

The Amazon ICICI Credit Card resulted from the partnership between ICICI Bank and Amazon Ltd. It has become a popular cashback credit card as without charging any joining and renewal fees, it offers up to 5% cashback while shopping on Amazon. Not only this, but it also provides you with some amazing welcome benefits, discounts on your dining bills, etc. Following are the detailed features and benefits that come along with this credit card -

The cardholder is rewarded with an Amazon Pay Balance of Rs. 300 to Rs. 600. This Amazon Pay Balance as a welcome gift keeps on changing.

The Amazon Prime members will get a cashback of 5% while they shop on Amazon India. This cashback of 5% will not be applicable to any other country-specific domain.

The non-prime members will get a cashback of 3% on their purchases from Amazon India. This cashback will also not be applicable to any other country-specific domain.

You will get a cashback of 2% for all the payments made for purchasing books, bill payments, mobile and DTH recharges, booking flights, movie or bus tickets, and loading the balance to Amazon Pay Wallet.

You get 2% cash back on purchases made from 100+ partnered merchants with Amazon.

1% cashback on all other online and offline transactions except on the payments made towards fuel.

With the Amazon Pay ICICI Bank credit card, you can enjoy a minimum of 15% off on your dining bills at all the partnered restaurants under the ICICI Bank Culinary Treats Program.

The cardholder is entitled to a 1% fuel surcharge waiver on fuel transactions at all fuel stations in India. The maximum transaction towards fuel can be of Rs. 4,000

Additionally, you get a 5% cashback on the first fuel transaction of the month. The transaction has to be a minimum of Rs. 2,000 and the maximum cashback that you will get in a month is Rs. 150.

The reward points earned with the Amazon Pay ICICI Bank Credit Card are automatically credited as Amazon Pay Balance into the Amazon Pay Wallet at the end of each payment cycle.

1 Reward Point = Re. 1 Amazon Pay Balance = Re. 1

The Amazon Pay Balance can be used to make any type of purchase on Amazon or can be used to purchase any product from the partnered merchants who accept Amazon Pay as a payment method.

HDFC Bank Regalia Credit Card

HDFC Bank Regalia Credit Card is a premium credit card that offers you great deals on your travel and lifestyle. With a joining fee of Rs. 2,500, this card provides you amazing welcome benefits and reward points on your spends made using this credit card. Apart from this, this card also provides you with discounts on your dining bills, domestic and international lounge access, complimentary Priority Pass Membership, and much more. Let us now discuss in detail about the features and benefits of the HDFC Bank Regalia Credit Card-

As a welcome gift, the cardholder gets 2,500 bonus reward points on successful payment of the joining fee of the credit card.

The cardholder will get 4 Reward Points for every Rs. 150 spent on all transactions except fuel, EasyEMI, and Wallet Transactions.

The reward points earned on insurance transcations are capped at 2,000 in a day.

With the HDFC Bank Regalia Credit Card, you get 12 complimentary access to domestic lounges in a year, limited to 3 per quarter.

You get a complimentary Priority Pass Membership and 6 complimentary international lounge visits.

If you are able to spend Rs. 75,000 or more using your credit card, you are entitled to an exclusive dine-out passport membership which includes a 25% discount on your dining bills at more than 2,000 premium restaurants.

You get a buy 1 get 1 offer in over 200 restaurants along with 5% off and no convenience charges.

Fuel surcharge waiver of 1% at all fuel stations in India on transactions between Rs. 400 and Rs. 5,000.

As a milestone benefit, you are rewarded with 10,000 Reward Points if you are able to achieve spends of Rs. 5 Lakhs or more in an anniversary year.

You will be given additional 5,000 Reward Points on crossing spends of Rs. 8 Lakhs in an anniversary year.

This card offers a low foreign currency markup fee of 2% which can help you in saving a lot on your international transactions.

The renewal fee of HDFC Bank Regalia Credit Card can be waived off if you spend Rs. 3 Lakh or more using your credit card in an anniversary year.

The Reward Points earned can be redeemed on the Smartbuy portal where 1 RP = Rs. 0.5 for redemption against flight and hotel bookings, 1RP = Rs. 0.35 for redemption against products and vouchers, 1 RP = Rs. 0.20 for cashback and 1 RP = 0.5 Air Mile for redemption against Air Miles.

Quick Comparison

Now that we have discussed the features of both the cards individually, let us now have a quick comparison between Amazon Pay ICICI Bank Credit Card and HDFC Bank Regalia Credit Card -

Basis

Amazon Pay ICICI Bank Credit Card

HDFC Bank Regalia Credit Card

Reward Rate

5% cashback for prime members while shopping on Amazon

3% cashback for non-prime members while shopping on Amazon

2% cashback on partner merchants

1% cashback on all other transactions except fuel

5% cashback on first fuel transaction of the month

4 RP for every Rs. 150 spent on all transactions except fuel, EasyEMI and wallet transactions

Reward Redemption

RP's are transferred to Amazon Pay Balance and can be used to purchase products on Amazon or pay the partner merchants.

1 Amazon Pay Balance = Re. 1

Can be redeemed on the Smartbuy portal 1 RP = Rs. 0.5 for redemption against flight and hotel bookings

1RP = Rs. 0.35 for redemption against products and vouchers

1 RP = Rs. 0.20 for cashback

1 RP = 0.5 Air Mile for redemption against Air Miles.

Dining Benefits

15% off on dining bills at partnered restaurants under the ICICI Bank Dining Delights Program

Dine-out Passport Membership

5% additional discount with 0 convenience fee on 200+ partnered restaurants

Milestone Benefits

10,000 RP on achieving spends of Rs. 5 Lakhs in an anniversary year

Additional 5,000 RP on achieving spends of Rs. 8 Lakhs in an anniversary year

Eligibility

Issued to salaried and self-employed individuals

If the applicant is an ICICI Bank Customer, he should have a minimum monthly income of Rs. 25,000

If the applicant is a non-ICICI Bank customer, he should have a minimum monthly income of Rs. 35,000

Issued to salaried individuals between the age of 21 years and 60 years and having a minimum income of Rs. 70,000 or more per month

Issued to self-employed individuals between the age of 21 years and 65 years and have a minimum income of Rs. 8.4 Lakhs per annum as per ITR

Bottom Line

Both the credit cards are quite different from each other. Where the Amazon Pay ICICI Bank Credit Card is an entry-level credit card, the HDFC Bank Regalia Credit Card is a premium card designed for the premium segment of the society who wish to enjoy luxuries while they travel and in their lifestyle. The Amazon Pay Credit Card charges no joining and renewal fee and still provides amazing benefits to the cardholders. This card will be best suitable for people who are new to credit cards and wish to earn rewards and cash back without paying any joining fees related to the card. On the other hand, the HDFC Bank Regalia Credit Card charges a high joining and renewal fee of Rs. 2,500 but provides amazing benefits with respect to the fee it charges such as domestic and international lounge access, priority pass membership, and much more. Both the cards are great in their individual categories and one should choose between the two on the basis of his requirements.

Also Check: Amazon Pay ICICI Credit Card Vs Flipkart Axis Bank Credit Card

# data[].attributes.attachment_link.title
Amazon Pay ICICI Credit Card Vs HDFC Regalia Credit Card

# data[].attributes.attachment_link.description
The Amazon Pay Credit Card by ICICI Bank is a co-branded credit card for which Amazon India and ICICI Bank entered into a collaboration and launched it on the Visa Platform. This card has become quite popular in the market, especially amongst people who frequently shop online.

# data[].attributes.headline
Your Guide To Changing Name On A Credit Card

# data[].attributes.subject
Your Guide To Changing Name On A Credit Card

# data[].attributes.body
So, in this post you will learn about your guide to changing name on a credit card.
If you're looking to change your name on a credit card, there are a few things you'll need to do. First, you'll need to contact your credit card company and let them know of the change.
For more information click on the link:
https://cardinsider.com/blog/your-guide-to-changing-name-on-credit-card/

# data[].attributes.attachment_link.readable_text
There can be many reasons why people want to change their name officially. Mostly it is due to marriage or divorce. Changing your name might be a challenging process as you need to update it on all your documents and financial accounts. Whatever the reason is, if you want to change your name on your credit card, you must be aware of all the necessary steps that need to be followed in the process. Moreover, every card issuer can have different procedures and policies for changing their cardholders' names. Along with knowing all the required steps, you will also need to check with your card issuer's policies. All this might be confusing for you and to help you out, we are here with this article to make you understand how you can change your name on a credit card. Read on to know more:

Steps To Follow In Order To Change Your Name On a Credit Card

Change Your Name On Government Issued IDs First

In order to get your name changed on your credit card, you will have to provide your card issuer with valid identity proof with your updated name. So, before changing your name on a credit card, it is important to get it changed on a government-issued ID like Aadhar Card, PAN Card, Voters' Id, Passport, etc. If you are changing your name due to marriage, you can show your marriage certificate to get your name changed on your ID Card. Once you update your name on any of these, you can show it to your card issuer as identity proof.

Understand Your Card Issuer's Policy For Changing Name

Before taking any further steps, you must be aware of your card issuer's policies and procedure for changing your name on a credit card. You can do this by contacting your credit card customer care or by visiting your nearest branch and asking the bank officials about the same. Ask them how you can apply for a name change and what are documents that you will need in the process.

Submit The Application Form and Required Documents

After understanding the whole process, fill in the online/offline application form for changing your name on your credit card. Make sure to keep all the required documents ready with you. You may also need your marriage or divorce certificate in order to specify the reason why you want to change your name on a credit card.

Does Changing Your Name On Credit Card Affects Your Credit Score?

Changing your name on a credit card doesn't affect your credit score by any means, no matter what the reason is. Many individuals think that after getting married, their credit score gets affected by their spouse's credit accounts and vice versa. But, this is not at all true. Your and your partner's credit score always remains separate. However, if your spouse is having an add-on credit card under your primary card, their credit card usage details will be mentioned on your credit report and will affect your credit score directly. But, it has nothing to do with changing your name on your credit card. You can proceed further to change your name on your credit card without having any worries about your credit score being affected.

Bottom Line

Changing the name on your credit card can be a lengthy and challenging process sometimes and hence you need to be patient. You should try to understand the whole procedure before taking any step so that you don't face any difficulties in between. Change your name on other documents like your government-issued ID, savings account, etc, before changing it on your credit card. Moreover, you should also be aware of the fact that changing your name on a credit card will have no effect on your credit score. You can do it without any worries. Just make sure that you have all the required documents and a valid reason behind changing your name.

If you have any further doubts regarding this topic, you can write to us in the comment section below!

# data[].attributes.attachment_link.title
Your Guide To Changing Name On Credit Card - Card Insider

# data[].attributes.attachment_link.description
There can be many reasons why people want to change their name officially. Mostly it is due to marriage or divorce. Changing your name might be a challenging process as you need to update it on all your documents and financial accounts.

# data[].attributes.headline
how much should you pay on your credit card Bill?

# data[].attributes.subject
how much should you pay on your credit card Bill?

# data[].attributes.body
So, in this post you will know about the how much should you pay on your credit card Bill?

The minimum due is 5% of the total outstanding amount you can pay to avoid being marked as credit card default and also keep your card active. While this is the bare minimum to be paid, one is expected to make full payment to avoid penalties.

Click on the link to know more about the credit cards bill:
https://cardinsider.com/blog/how-much-should-you-pay-on-your-credit-card-bill/

# data[].attributes.attachment_link.readable_text
India is one of the fastest growing economies in the world and has a big pool of people who want a credit card in their name. Since the credit card users are rapidly growing in the country, it gives a boost to the credit card companies to come up with new offers and interesting services to maintain their position in the market. A credit card can be your best friend if handled properly and can be your worst enemy if handled without care. It is quite tricky to handle a credit card if you are not able to analyze how much should you pay on your credit card. While people make blunders by skipping their credit card payments, others pay the bill in parts.

It is important for all credit card users to understand that once you start using a credit card, it becomes your responsibility to pay off the transactions done through your credit card well in time. Though the bank requires you to pay at least the minimum amount due on your card, it is recommended to pay the bills in full to avoid any interest and charges.
While purchasing through a credit card, we have this notion in our mind that we have to repay for all the purchases done through the credit card. Many people are able to make the full payment towards their credit card bill but there are some people who are not able to pay for their debts in full. It becomes difficult for them to decide how much should they pay on their credit card. Hence, after reading this article, you will have a better understanding and knowledge of how much should you pay on your credit card –

Paying Your Credit Card Balance In Full

The first and topmost priority of any credit cardholder should be of paying the balances in full. By doing this, you are avoiding any type of interest that will accrue on your outstanding balance. If you do not pay the amount in full, it will keep accruing month over month and then it will become quite difficult for you to pay such a hefty amount at once. Hence, if you keep paying your balances regularly, you will not have to face a situation of a debt trap.

Suggested Read: Tips To Handle Credit Card Debt Responsibly

Benefits of paying the bill in full

– Your credit score gets improved if you pay your credit card bills in full and on time.
– No late payment fees will be charged.
– You can avoid unnecessary interest charges.
– By seeing your proper repayment pattern, the bank may offer you a credit card with an enhanced credit limit and better reward points.

Paying at least the minimum due

The minimum due is that part of the bill that needs to be paid to avoid any late payment fees on your credit card bill. It is generally 5% of the total credit card bill subject to a minimum amount, which can be different for every card issuer. You can also avoid a negative impact on your credit profile by paying the minimum amount. Paying this amount is definitely better than not paying any amount, but still paying the full bill remains the best option.

When you pay just the minimum amount out of the total due amount, then the interest keeps on charging on the remaining amount till the time you do not clear the whole amount and you are not eligible for any interest-free period in the further billing cycles till this whole amount is paid.

What to Do When you are not able to pay off in full

Now in a situation where you cannot pay the amount in full because you do not have a sufficient amount with you, but you can pay more than the minimum due, then you should deposit any amount that is more than the minimum due but less than the full amount. Anything paid above the minimum due amount will help you in reducing your overall credit card bill, will attract less interest, and will help you in clearing off your debts faster.

When you have multiple credit cards

When you own multiple credit cards and are confused about which bill should be cleared first, then you should first figure out the rate of interest on each of your cards. The debts on the card which bear the maximum rate of interest should be cleared first and the minimum due amount should be paid towards the other cards. And when the debt of the highest interest-bearing credit card is over, then you should do the same for the debt of the second-highest interest-bearing card. This is the best strategy by which you can pay off your debts effectively.

Also Read: How Many Credit Cards Should I Have?

Bottom Line

When it is time to pay off your credit cards, try to pay the maximum amount that you can. And if you are unable to pay the full amount, you should at least pay the minimum amount to avoid any interest and late payment charges. The more the balance remains unpaid, the more interest it will attract towards itself, and then it will become difficult to pay for you to pay such heavy amounts. Getting a credit card is not the only thing, you also have to learn to manage the repayments of your credit card. If you fail to do so, you will end up in a debt trap. Also, overutilization of your line of credit can negatively affect your credit score. Hence, a credit card should be used up to that limit only till which you will be comfortable with repayment.

# data[].attributes.attachment_link.title
How Much Should You Pay on Your Credit Card Bill?

# data[].attributes.attachment_link.description
How much should you pay on your credit card bill? Should you pay off my credit card in full or leave a small balance? - Get your answers here!

# data[].attributes.headline
Credit Card Annual Percentage Rate (APR) Explained

# data[].attributes.subject
Credit Card Annual Percentage Rate (APR) Explained

# data[].attributes.body
So, in this post you will learn about Credit Card Annual Percentage Rate (APR),
The APR on a credit card is an annualized percentage rate that is applied monthly. If the advertised APR on a credit card is 19%, for example, then an interest rate of 1.58% on the outstanding balance will be added monthly to the total amount owed.

For more information click on this link to know more: https://cardinsider.com/blog/credit-card-annual-percentage-rate-apr-explained/

# data[].attributes.attachment_link.readable_text
The Annual Percentage Rate, also known as the Annual Interest Rate, of a credit card is the annualized rate of interest that is charged on the extended credit by the card issuers. It can also be understood as the charges that a cardholder owes to the issuer for carrying balances after the due dates. A responsible cardholder who always pays the credit card bills not time and in full will never need to pay any interest charges or what we call the APR. It is a very important component of a credit card that every cardholder should be aware of.

Many individuals get a credit card but are not even aware of the term APR. It is one of the biggest mistakes a credit card holder can do. Even if you are fully confident that you can pay bills on time and you won't need to pay APR ever, it is essential to check all the charges along with the interest rate. It is because emergency situations don't come with planning and hence you can make large purchases that are too much to pay all at once. To avoid high-interest rates in such situations, it is good to check the APR associated with a credit card before you get it and try getting a low-interest rate credit card. In this article, we will discuss what APR is and all other essential information about it. Keep reading:

Definition - Annual Percentage Rate

The annual Percentage rate (APR) is the annualized interest rate that is charged on a credit card account for carrying a balance from month to month. It can be different with different cards and may also vary on the basis of transactions. For example, for transactions like cash advances, the APR is generally higher than that for retail transactions. The APR or the annual interest rate is the most important component of a credit card and it is necessary for every cardholder to be aware of the same from the very beginning of their credit journey.

How is APR Calculated?

Though most credit card issuers set monthly and annual interest rates for their credit cards. But, some also specify the daily interest rate, also known as Daily Percentage Rate (DPR) as there is a bit difference between the number of days of several months. The Annual Percentage Rate (APR) of a credit card is simply calculated by multiplying this DPR by the number of days in a particular year (i.e. 365 or 366). Similarly, the monthly interest rate or the interest rate in a billing cycle is calculated by multiplying the number of days in a billing cycle by this Daily Percentage Rate. So, if you keep on carrying a balance on your credit card throughout the year, the interest keeps accruing on it and the amount becomes really high and unmanageable sometimes.

Different Types of APR

The APR may vary for different types of transactions you make with your credit card. Following are some of the most popular and important types of APR that you must be aware of as a credit cardholder:

Introductory APR: Many card issuers offer a lower interest rate (or lower APR) as an introductory offer to their credit cardholders. For example, if you have recently got a credit card with zero or low introductory APR, it means that you will be charged a lower interest or no interest at all for a limited time period (which will be specified in the MITC of your credit card). These types of introductory offers are valid for retail transactions and balance transfers as well and that is why it is considered a good idea to transfer a balance to a credit card with zero introductory APR.

APR on Credit Card Purchases: It is the general interest rate that is charged on all purchases or transactions (except for a few like cash advance transactions). It is generally 3 to 3.5% per month.

Cash Advance APR: Cash Advance APR is the annual interest rate that is applicable on cash withdrawals that have been made using a credit card. If you are a credit card user, you might be aware of the fact that it is not a good idea to withdraw cash using your credit card because it invites unnecessary charges, and also, you don't get an interest-free period for such transactions. Some card issuers charge a higher interest rate on cash advances and this particular APR charged on cash withdrawals is called Cash Advance APR.

Penalty APR: Penalty APR is the annual interest rate charged on returned or missed payments. Generally, credit card payments are returned when the account from which the amount has to be deducted doesn't have sufficient balance in it. Payments that are late for more than 60 days invite the Penalty APR, which is not only applicable on your outstanding balance, but on your current balance as well.

How To Avoid Paying APR?

The best way to avoid paying APR is to pay your credit card bills always on time and in full. Many people are not even aware of the fact that credit card interest rates can be avoided. They have some misconception that credit cards are directly proportional to debt traps as one necessarily needs to pay high-interest rates. But, this is not true at all. A credit card user who is wise enough to use his/her card responsibly can easily avoid paying the APR by making on-time payments.

Your card issuers also provide you with an Interest-free period during which no interest is charged on your card's outstanding balance, but if you fail to pay your bills even after this, the interest will start accruing on your account. Moreover, some transactions like cash advances are not eligible for the interest-free period and hence you should try to avoid such transactions. It is because the interest starts accruing from the very next day in these transactions.

Bottom Line

Credit Card APR is the main source of the earnings of credit card issuers, but they don't impose these interest charges on each and every individual. The cardholders are given enough time to pay their bills (up to 50 days), and the interest is charged only on the account that has been unable to clear their dues even after this period. So, in order to avoid paying APR on your credit card, you must try to clear your dues always in full without carrying them from month to month. Also, the APR of a credit card should be checked before applying for it and one should not go with a card that charges a very high-interest rate.

# data[].attributes.attachment_link.title
Credit Card Annual Percentage Rate (APR) Explained

# data[].attributes.attachment_link.description
The Annual Percentage Rate, also known as the Annual Interest Rate, of a credit card is the annualized rate of interest that is charged on the extended credit by the card issuers. It can also be understood as the charges that a cardholder owes to the issuer for carrying balances after the due dates.

# data[].attributes.headline
HDFC Bank Infinia and ICICI Sapphiro Credit cards 

# data[].attributes.subject
HDFC Bank Infinia and ICICI Sapphiro Credit cards 

# data[].attributes.body
So, in this post you will learn about the HDFC Bank and ICICI Bank have always satisfied their customers with their financial services. But when it comes to applying for a credit card then it becomes difficult for an individual to choose only one bank. Similarly, the HDFC Infinia and ICICI Sapphiro cards are the two preferred cards but it is not easy to choose only one card between them because they are offered by one of the top banking institutions.
Click on the link to know more: https://cardinsider.com/blog/h....dfc-infinia-vs-icici

# data[].attributes.attachment_link.readable_text
With a number of premium credit cards available in the Indian market, it becomes quite challenging for some individuals to choose the best card for themselves. Two of the most popular credit cards in the premium category are the HDFC Infinia Credit Card and ICICI Bank Sapphiro Credit Card. Both these cards are targeted are high net worth individuals and provide world-class privileges across various categories. However, the Infinia Credit Card is a more premium one than the Sapphiro Card, but the task here is not to get a more premium card but to get a card that suits your requirements.

The Infinia Credit Card is an invite-only credit card that is issued only to selected individuals who have an excellent credit history and a strong relationship with HDFC Bank. So, you don't have an option to apply for this particular card. On the other hand, the Sapphiro Credit Card is issued on the basis of application, so you can apply for this card online/offline. Therefore, one who wants to get one of these two cards only needs to understand that in order to get the Infinia Credit Card, you need to make a strong relationship with the bank by using any other HDFC Bank. Otherwise, it will be a better option to go with the Sapphiro Credit Card if it seems to fulfill your requirements.

HDFC Bank Infinia Credit Card Metal Edition

The Infinia Metal Credit Card issued by HDFC Bank now comes in a metal form and is the most premium offering of the bank. It is targeted at high-income individuals and hence comes with a high annual fee of Rs. 12,500. From reward points to travel privileges to lifestyle benefits, this card provides you with everything you might expect from a credit card. This card is best suited for people who travel domestically as well as internationally very often. It is one of the most popular premium credit cards in the Indian market. However, one can't get this card by applying for it, but the card issuer itself invites eligible customers to get this. The following are some of the most significant features of this credit card:

The cardholders get a welcome gift of 12,500 bonus Reward Points and complimentary Club Marriott membership for the first year.

You can earn up to 5 Reward Points on every spend of Rs. 150.

The value of each Reward Point is equal to Re. 1 for travel-related bookings, and up to Re. 0.5 for other redemption options.

The cardholders get unlimited complimentary domestic as well as international lounge access. This benefit is not only applicable for the primary cardholders, but for supplementary cardholders as well.

The cardholders can also enjoy complimentary Priority Pass membership that allows them to access over 1,000 participating lounges across the globe.

Unlimited complimentary access to golf games to selected golf courses all across the world.

You can enjoy exciting dining privileges with the Good Food Trail Program.

The cardholders get insurance covers worth up to Rs. 3 Crores.

You get a 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 1 lakh. The maximum waiver is capped at Rs. 1,000 per month.

The Infinia Credit Card charges a very low forex markup fee of 2% only.

The annual fee of Rs. 12,500 is waived off for the next year if the cardholder has spent Rs. 8 lakhs or more in the previous year.

ICICI Bank Sapphiro Credit Card

The Sapphiro Credit Card is the second most premium card offered by the ICICI Bank (Emeralde being the most premium one). It is also targeted at high net worth individuals but one can apply for this, unlike the Infinia Card which is only issued to selected people. It comes with a joining fee of Rs. 6,500 and an annual fee of Rs. 3,500, which is totally worth it for those who can use it wisely. The Sapphiro Credit Card offers a decent reward rate along with a wide range of exciting benefits across different categories, which are as follows:

The card welcomes you with several exclusive welcome benefits worth over Rs. 9,000 (including Zomato Pro membership and gift vouchers from several popular brands).

The Sapphiro Card offers 4 Reward Points on every international spend of Rs. 100 and 2 Reward Points on every domestic spend of Rs. 100.

The cardholders can earn up to 20,000 bonus Reward Points every year on achieving the required spend milestone.

You can enjoy a Buy 1 Get 1 Free offer on movie ticket bookings via BookMyShow.

With this card, you get 4 complimentary domestic lounge access every quarter on spending a minimum of Rs. 5,000 in the previous quarter.

You get 2 complimentary international lounge access every year.

You can get insurance covers worth up to Rs. 3 Crores.

The annual fee of Rs. 6,500 is waived off on spending Rs. 6 lakhs or more in the previous year.

Check Here: ICICI Sapphiro Credit Card Review

Quick Comparison

Factors

HDFC Infinia Credit Card

ICICI Bank Sapphiro Credit Card

Annual Fee

Rs. 12,500 (waived off on spending Rs. 8 lakh or more in the previous year)

Rs. 3,500(waived off on spending Rs. 6 lakh or more in the previous year)

Reward Rate

Up to 5 Reward Points on every spend of rs. 150 (where 1 RP = up to Re. 1).

Up to 4 Reward Points on every spend of Rs. 100 (1 RP = Re. 0.25)

Complimentary Lounge Access

Unlimited complimentary domestic as well as international lounge access.

- 2 free international lounge visits every year.

- 4 complimentary domestic lounge access every quarter by spending Rs. 5,000 in the previous quarter.

Other Benefits

- Exciting dining benefits under the Good Food Trail Program.

- Complimentary golf sessions on the basis of the cardholders' quarterly spends.

- Buy one get one free offer on movie tickets.

- Up to 20,000 bonus Reward Points every year as a milestone benefit.

Bottom Line

If we just look at the features and benefits of both these cards, they might look to be similar. But, there are quite a lot of differences between the two and one needs to compare the cards wisely before making the final decision. The Infinia Credit Card, which comes with a higher annual fee as compared to the Sapphiro Card, is an invite-only card and hence you need a really good credit score as well as a strong relationship with the HDFC bank in order to get it. On the other hand, anyone can apply for the Sapphiro Credit Card, which has limited but exciting advantages.

The Infinia Credit Card is a great choice for people who travel very frequently and want a credit card with unlimited free lounge access. However, those who are okay with limited free lounge access and want a super-premium card with a slightly lower annual fee should go with the Sapphiro Credit Card. None of these cards can be considered best for everyone. But, the choices may vary for different people on the basis of their requirements and spending behavior.

# data[].attributes.attachment_link.title
HDFC Infinia Vs ICICI Sapphiro Credit Card : Which Is Better?

# data[].attributes.attachment_link.description
With a number of premium credit cards available in the Indian market, it becomes quite challenging for some individuals to choose the best card for themselves. Two of the most popular credit cards in the premium category are the HDFC Infinia Credit Card and ICICI Bank Sapphiro Credit Card.

# data[].attributes.headline
So, in this post you will get to know about the How to Travel for Free With Credit Card Rewards.

# data[].attributes.subject
So, in this post you will get to know about the How to Travel for Free With Credit Card Rewards.

# data[].attributes.body
Credit cards come with lots of great perks. If you choose the right credit card and use it the right way, you can earn rewards that you can use for free travel. Even if you can’t travel for completely free, you can use your travel rewards to travel at a significant discount.
So, just click on the link to get full information:
https://cardinsider.com/blog/how-to-travel-for-free-with-credit-cards/

# data[].attributes.attachment_link.readable_text
Credit cards come with great value-added benefits. There are multiple benefits that come packed with credit cards that if used in the right way, can be of great advantage to us. Most the people love traveling but sometimes it proves to be quite expensive and creates a big hole in your pocket. But what if we tell you that if you are a credit card user and you can travel for free. Yes, you heard it right. Credit cards are very powerful tools that help you in various situations, such as travel if used in the right way.

Travel cards such as co-branded credit cards (with the Airlines) provide you with various travel benefits such as domestic and international lounge access, purchase tickets with the points that you have earned using the credit card, etc. This article will provide you with all the details on how to travel for free with credit cards and will also provide you with a list of the best travel credit cards.

What are travel credit cards?

Out of the many credit cards available in the market today, travel credit cards are those credit cards that are designed for frequent travelers and let you earn reward points which can help in reducing your travel expenses. Persistent travelers can opt for travel credit cards that provide them with rewards and cashback on booking air tickets, lounge access, forex benefits, discounts on your hotel bookings, and sometimes even provide you with a complimentary air ticket.

With the best travel credit cards available in the market, you can save a lot of your rupees by using the reward points that you earned to book your flight tickets and get discounts on your stay.

Find here: List of Best Credit Card for Travel India

As exciting as it sounds to go on a trip, the experience will be more thrilling if you get a trip for free and that too just by using your credit card in a normal routine. You can enjoy your vacation without any stress about how you will pay for a trip. There are various credit cards in India that let you earn reward points while you swipe your credit card and the points can be further redeemed to either book flight tickets or get discounts on hotel bookings. Travel for free doesn’t exactly mean that you will not have to spend a single penny on your travel but this means that you will have to pay very less on your travel expenses as you will get discounts through the reward points that you have earned using your credit cards.
Following are the points that should be considered if you wish to travel for free using your credit cards –

1. Choose a Travel Credit Card that offers great rewards –

To qualify for a great travel credit card that will provide you with generous rewards, you will be required to have a great credit score. Now, travel credit cards are of two types, one of which is a general credit card that provides you with reward points that can be redeemed for booking your flight tickets or hotel. The other one is a co-branded credit card that has partnered with a specific airline and provides you with accelerated reward points or air miles while booking tickets for a particular airline.

2. You can opt for more than one Credit Card –

It is not necessary to have just a single travel credit card. You can always choose to have more than 1 credit card so that you have more opportunities to earn reward points. For example, you can have 1 credit card that provides you with accelerated reward points on travel and you can have another credit card that provides you with Airmiles. These air miles can be used for booking flight tickets and you can use the Reward Points of another card for hotel discount vouchers to save even more.

3. Go through the Terms and Conditions –

You should carefully go through the terms and conditions of the credit card that you opt for and make sure that there is no capping on the rewards that you will earn while spending through your credit card. However, most of the card issuers set a maximum cap on Reward Points/Air Miles that can be earned in a month or a year, but you should make sure that this number is not very less. Also, you should prefer low forex markup fee credit cards if you also travel internationally.

4. Look for Sign-up Rewards –

These credit cards provide you with great rewards once you pay the joining fee of the credit card. Sometimes these bonuses are so huge that you might earn a free flight as a bonus or reward for signing up for the credit card but you have to look for the condition that makes you eligible to earn such bonuses. For example – you have to make a transaction of a certain amount using your credit card within the first 45 or 60 or 90 days of the card issuance to qualify yourself to earn this reward.

5. Try to earn the Milestone Benefits –

These credit cards come with some specific milestone benefits which means that you can earn bonus rewards if you are able to spend a particular amount using your credit card in a quarter or in an anniversary year. If you are a frequent credit card user, you should try to achieve the specified spending and earn milestone benefits on your credit card.

6. Redeem the points that you have earned –

Another thing that you have to take care of is that you should redeem the points that you have earned using your credit card well in time so the rewards points do not get expired. The reward points that you earn using your credit card for various transactions come with a validity date. You should redeem all your reward points for booking your flight tickets and hotel before the expiry date of such rewards.

Following is the list of the travel credit cards that provide great deals –

Air India SBI Signature Credit Card – This card by SBI provides you with 20,000 bonus reward points as a welcome benefit and a complimentary membership to the Air India Frequent Flyer Program – Flying Returns. You can earn a maximum of 1,00,000 bonus rewards points on the basis of your spends in the anniversary year. Also, you can earn 30 and 10 reward points for every Rs. 100 spent on Air India Ticket booking via airindia.com for self and others and 10 Reward Points for every Rs. 100 spent on Air India Ticket bookings for self or others through Air India booking offices or call centers and 4 Reward Points for every Rs. 100 spent on all other categories. All the rewards points earned can be converted into Air India Air Miles.

Check here: Air India SBI Signature Credit Card Review

Club Vistara SBI Card PRIME – The Club Vistara SBI Card PRIME provides you with 1 Premium Economy Class ticket as a welcome benefit on the successful payment of the joining fee. You get 3,000 CV Points if you are able to spend Rs. 75,000 using your Club Vistara SBI PRIME credit card within the first 90 days of card issuance. As a milestone benefit, you get 1 Premium Economy Class ticket each on achieving annual spends of Rs. 1.5 Lakhs, Rs. 3 Lakhs, Rs. 4.5 Lakhs and Rs. 8 Lakhs. You also get 1 Hotel e-voucher worth Rs. 10,000 on achieving annual spends of Rs. 8 Lakhs. The CV points can be redeemed against booking award flights, class upgrades, or seat reservations under Vistara Cash + Points Program.

Emirates Skywards ICICI Bank Emeralde Credit card – With this credit card, you get 10,000 bonus Skywards Miles as a welcome benefit and a complimentary Skywards Silver Tier Membership. You get up to 2.5 Skywards Miles for every Rs. 100 spent on all transactions. In addition to all this, as a travel benefit, you get complimentary unlimited access to domestic as well as international lounges. These Skywards Miles can be redeemed for booking flights, hotels, and various other options available on the Skywards Website.

You can check the review of Emirates Skywards ICICI Bank Emeralde Credit card here

Club Vistara IndusInd Bank Explorer Credit Card – This card provides you with a complimentary Business Class ticket Voucher as a welcome gift. Also, you earn 8 CV Points for every Rs. 200 spent on Vistara, 6 CV Points for every Rs. 200 spent on travel/hotel/airline bookings, and 2 Cv Points for every Rs. 200 spent on all retail spends. All the CV Points earned using this credit card can be redeemed for booking Air Vistara flights or partner airlines including Air Canada, United Airlines, Singapore Airlines, etc. Along with the CV Points, this card also provides you with 1 domestic lounge visit per quarter and 4 international lounge visits every quarter. An exclusive benefit that this card provides is that it does not charge any fee on your international transactions and hence allows you to save amazingly on your international trips.

Visit here the review of Club Vistara IndusInd Bank Explorer Credit Card

Bottom Line

Travelling is fun and exciting but can be horrifying sometimes when you realize what it would cost you for a vacation. Hence, this is the situation where travel credit cards come in need and can prove to be very beneficial. These cards let you earn reward points on your day-to-day transactions through your credit card and the rewards points hence earned can be used for making your travel bookings. We may also get a few of our flight tickets and hotel bookings for free if you take care of the points mentioned above carefully. Additionally, we have also discussed the travel cards that can actually benefit you if you spend using those cards wisely.

# data[].attributes.attachment_link.title
How To Travel For Free With Credit Cards ?

# data[].attributes.attachment_link.description
How can I travel for free with credit cards? - Here we have shared few points that should be considered if you wish to travel for free using your credit cards.

# data[].attributes.headline
In this post you will learn about how to settle a credit card debt – Pros and Cons

# data[].attributes.subject
In this post you will learn about how to settle a credit card debt – Pros and Cons

# data[].attributes.body
If you have more credit card debt than you can handle, there are several ways to settle the debt. You can negotiate a settlement with your credit card company, borrow money from family or friends, or get a personal loan from a bank. Each way has its own set of pros and cons, which we'll discuss in this blog post.
Click on the link to get full information :
https://cardinsider.com/blog/how-to-settle-credit-card-debt-pros-and-cons/

# data[].attributes.attachment_link.readable_text
Credit cards work quite well when it comes to satisfying one’s immediate financial needs. If used wisely, we can enjoy the maximum benefits out of a credit card. A credit card enhances your purchasing power by allowing you to buy such things that otherwise you could not have thought of buying. But you have to keep in mind that you always have to pay back for all such purchases in time so that so you do not attract unnecessary charges to your account.

But sometimes, we overuse our credit cards to such an extent that we are not able to repay the amount that we owe to the credit card companies. Late payment and interest charges keep on accumulating on the outstanding amount and the total payable amount keeps on increasing. In such situations when the borrowers are unable to pay their credit card debts, they get in touch with the credit card issuers and request for the credit card debt settlement. Credit card debt settlement might seem similar to paying off your credit card dues but both the terms are different from each other.

Settling down a credit card debt is not considered as an appropriate way of repaying what all you owe to the credit card company and may have its own pros and cons. But before discussing the pros and cons, let us first understand what credit card debt settlement is.

Credit Card Debt Settlement: Meaning

Credit card debt settlement is an agreement between the customer and the credit card company that requires the consumer to pay a lump sum payment (which is less as compared to the total amount outstanding) with respect to the total dues or even allows them to pay the outstanding amount in EMI at reduced interest rates. The credit card issuing company thereby forgives a certain part of the outstanding balances and also adjusts the fees and financing charges. This process is generally undertaken when the outstanding amount gets really high and the customer is unable to pay the amount that he owes to the credit card company.

This amount keeps on increasing because late payment fee and interest charges are continuously accrued this amount because of non-payment. Credit card settlements are done in extreme cases only and are not promoted by the credit card issuers as this settlement badly ruins your credit score. Credit card settlement is the last option that should be considered by the customer for repaying the debt. Even if there are very few chances of you paying the credit card debt by any other means, like availing a personal loan, taking help from some relative, etc, you should consider these options first before opting for credit card debt settlement.

Where on one hand a credit card debt settlement helps a cardholder get out of the debt trap, on the other hand, it also has some drawbacks as well. Every process has its own positives and negatives and so does the credit card debt settlement. Let us now discuss the pros and cons of credit card debt settlement.

Pros of Credit Card Debt Settlement

1. Current credit obligations are eliminated

You pay the whole amount due in a lump sum form by opting for a credit card debt settlement. Since after settlement, all the amount is paid at once, you will be free from all the current credit obligations.

2. Helps you in avoiding bankruptcy

Bankruptcy is a situation where an individual voluntarily declares himself as an insolvent (i.e., unable to pay his own debts). When you are unable to pay your debts, declaring yourself bankrupt is the only option left with you to save yourself from the lenders. But by choosing the credit card debt settlement option, you can save yourself from bankruptcy.

3. Offers peace of mind

You will always be under stress and will be harassed by the credit card companies for not paying the credit card bills. Therefore, you can enjoy your mental peace when you have settled the credit card debt and you can then start to save for the future.

4. Reduction in the amount you actually owe

What happens in the credit card debt settlement process is when you place a request with the credit card companies for the debt settlement, they negotiate with you on the amount that you actually owe. It depends on your negotiating power as well as how much can you bring down the outstanding amount due to the credit card company. In this way, the amount you owe to the credit card company gets reduced and hence your overall burden also gets reduced. And if you the settlement amount in full, this can help you in stabilizing your finances.

Cons of Credit Card Debt Settlement

1. Credit card debt can be sold to collection firms-

Suppose you have placed the settlement request with the bank and the response of the bank is still pending on your request, so you stop paying the credit card bill while you await the bank’s decision. In this case, if your monthly payments are being skipped repeatedly, your debt will be sold to the credit collection firms, which gets even worse because these firms torture an individual alot by placing regular phone calls, frequent home visits, etc.

2. Will badly affect your credit score

Once your settlement request gets approved and you have paid for the settlement amount, this will be reported to the credit card bureaus by the lenders. And hence, now your credit card report will have the word ‘Settled’ instead of ‘Closed’ which is actually a strong word and will affect all your future loan applications and put them at risk. When a loan is termed as settled, it is considered as a negative credit behavior and your credit score will drop by approximately 75-100 points.

The credit card issuing company will write off the difference between the actual amount due and the actual amount paid as a loss and will report the same to the credit bureau. The word ‘settled’ will be indicated in your credit report for almost up to 7 years. When you will apply for any loan after the settlement, you will be considered as a low creditworthy person in the eyes of the lenders and will be extremely difficult for you to avail loan in the future. Hence, credit card debt settlement affects your credit score adversely.

What can be the other way out?

Placing a request for credit card debt settlement should be your last option. You should first explore the various options that you use for clearing out the debts.

Balance Transfer Credit Card

A great option that can be exercised when you have heaps of debt piled up in your name is to take advantage of the balance transfer credit cards. Balance transfer credit cards allow you to transfer the balance on one credit card to the other credit card with low-interest rates. Sometimes during the offer period, you can even get this offer at almost no interest rates. Hence, this option can be very useful if you sincerely want to pay off your credit card debts.

Check here: List of Best Balance Transfer Credit Cards in India

Apply for Gold Loan

Another way that can be considered for paying off credit card debt is by applying for a secured loan such as a gold loan. In this case, you have to keep your gold items such as ornaments as a collateral with the bank against which you will be provided with low. Gold loan is granted to the customers by obtaining very minimal documentation. With this amount, you can pay off your credit card bills and start paying the EMI against your Gold Loan.

Seek help from relatives-

You can also ask for financial help from your relatives. Then with this amount, you can pay off your credit card bills and then return the loan amount to the relatives as and when you have. An advantage of this help is that you will not be charged with any type of interest on this. This method should be considered before you apply for credit card debt settlement.

Bottom Line

Generally, credit card debt settlement is not a great idea. Firstly, if you are using a credit card, there should not arise a situation where you have you have so much of debt piled up. It is your prime responsibility to pay off your bills well in time. You should spend only that amount using your credit card which you are sure about that you can repay. Secondly, if you are stuck with heaps of debt under your name, you should try the other ways out such as a secured loan to pay off your credit card bills. Credit card debt settlement should be the last way that you should choose as it affects your credit score badly and makes it difficult for you to avail any loan in the near future.

# data[].attributes.attachment_link.title
How To Settle Credit Card Debt - Pros and Cons

# data[].attributes.attachment_link.description
How to settle credit card debt? - We are here with this complete guide to credit card debt settlement and its pros and cons. Get your answer here.

# data[].attributes.headline
So, in this post you will learn about the How To Protect Credit Cards From Demagnetizing?

# data[].attributes.subject
So, in this post you will learn about the How To Protect Credit Cards From Demagnetizing?

# data[].attributes.body
Old credit cards were read with a roller and paper that could track the number embossed on the card; however, modern credit cards include a magnetic strip on the back of the card that contains all of the information necessary to use the card.

# data[].attributes.attachment_link.readable_text
When a credit card is swiped or dipped into a POS machine, the machine receives all your information such as your account number and credit card limit through the magnetic strip that is on the back of your credit card. But what if the magnetic stripe gets damaged and is not able to provide your information to the machine to approve or reject the transaction. Hence, such a situation where the magnetic stripe is not able to provide any information and loses its ability to communicate the information it beholds is known as demagnetization. In order to keep using your card without any difficulties, it is really important to protect credit cards from demagnetizing.

Coming in close contact with any magnetic thing can erase the data present in the encoded form on the magnetic strip or if the card is placed somewhere where it can eventually get scratches on the magnetic stripe can also lead to demagnetization of the card. In this article, we will discuss how demagnetization happens and what are the ways in which it can be prevented.

What is demagnetization?

The modern credit cards contain a magnetic stripe on the backside of the credit card that contains all the information related to the card in an encrypted format. But if you are stuck in a situation where your card stops working despite the fact that you have an available credit limit in your account, the machine is connected to the network properly, etc, the reason behind this must be that your credit card has been demagnetized. Hence, precisely, demagnetization is the process by which the magnets interfere with the magnetic properties present on the backside of the card in the form of a magnetic stripe. This exposure can destroy the card details and hence makes us unable to use a credit card.

How do credit cards get demagnetized?

When a credit card comes in close contact with any magnetic thing, then it can erase all the information stored in the magnetic strip of your card. For example - Placing your cards near to your mobile phones every time can lead to demagnetization of the card.

Security systems have very high chances of ruining the magnetic stripe of your credit card hence scrambling all the information present in the stripe of the card.

Little things make big problems. Placing your credit card near a small household magnet, or near the magnetic clasps of your wallet can also lead to the demagnetization of the credit card. Therefore, you should always try to keep your cards in a safe and secure place.

The wear and tear of credit cards can also be one of the reasons behind this. If you have been using your card for a long time now there is a possibility that your card's magnetic stripe might have been worn down and is now causing problems in completing transactions through that card.

Demagnetization can also take place if the card is excessively scratched. Something in your wallet or in your pocket might be scratching the magnetic stripe of your credit card and can lead to information being lost from your magnetic stripe.

Demagnetization can also occur if 2 cards are placed back to back, i.e., the backsides of both the cards face each other.

Ways To Prevent Demagnetization of the Cards

Although you have an option of getting a new credit card if your current card is demagnetized but paying for a new card and then the time taken to deliver the new card to your address can be a very tedious job. Hence, we can follow the below-mentioned steps to protect our card from getting demagnetized -

Never place your card near any magnetic device. Always place your card away from heavy devices such as refrigerators, televisions, etc

Avoid placing your card on the same cover on which you have placed your smartphone. Also, do not lay your card over your smartphone. These activities can lead to damage to your card's magnetic stripe.

While you are in a supermarket or in a store, make sure that you do not place your card near any of the security sensors. Also, you should not place your card on the sensor present at the cash counter or near the machine that is used to remove tags from the clothes. The reason behind this is that these devices are highly magnetic and if cards are placed near these machines, they can erase all the information that is encrypted in the magnetic stripe of the card.

Your cards should be placed in separate slots in your wallet. No two magnetic stripes should face each other. If both the cards are placed in such a way that the magnetic stripes face each other, then there could occur a magnet-on-magnet action and lead to demagnetization of either one or both the cards.

You should never with your hands, try to rub the magnetic strip of your card. This might lead to scratches on the card and can hence result in demagnetizing.

What to do if your card is demagnetized?

Once you come to know that your card has been demagnetized, you should immediately contact your respective card issuer company and inform them about the status of your card. You can hence place a new card request over the call and upon approval, your new card will reach you within 5-7 business days.

Bottom Line

Demagnetized credit cards can sometimes be fixed by applying clean transparent tape on the magnetic stripe of the credit card. This trick might sometimes work or even might fail but then this is not the permanent fix to our problem. We will always have to apply for a new card in case of demagnetization. Scratches and wear and tear are common causes of demagnetization but intentional steps such as exposing cards near to magnetic devices, placing all the cards in a single place, mishandling of cards, etc can be avoided to protect our cards from getting demagnetized.

Suggested Read: What Do All the Symbols / Numbers On Your Credit Card Mean?

# data[].attributes.attachment_link.title
How To Protect Credit Cards From Demagnetizing ?

# data[].attributes.attachment_link.description
When a credit card is swiped or dipped into a POS machine, the machine receives all your information such as your account number and credit card limit through the magnetic strip that is on the back of your credit card.

# data[].attributes.headline
So in this post you will learn about How To Link a Credit Card To a Bank Account?

# data[].attributes.subject
So in this post you will learn about How To Link a Credit Card To a Bank Account?

# data[].attributes.body
The process to link credit card to bank account may vary from one bank to another. However, the general steps are:
Login to the Netbanking portal of the bank whose credit card you have taken
Go to the credit card section
Click on the Register New Card button
Enter credit card details like credit card number, expiry date, CVV number, etc.
Click on the Submit button
You will receive an OTP. Enter it and click on Submit.

Click on the link and get full information about how to link credit cards to bank account :
https://cardinsider.com/blog/how-to-link-credit-card-to-bank-account/

# data[].attributes.attachment_link.readable_text
A credit card can prove to be helpful in a situation where you are not carrying loads of cash to make your bill payments or in a situation where you can earn a good amount of reward points or cashback using your credit card. This plastic currency comes in very handy while living in a lifestyle where luxury and good living conditions are the basic needs. Having a good lifestyle in a metro city can prove to be quite expensive but with a credit card in your hand, these costs can be reduced.

Now managing credit cards is equally important as owning one. With the help of internet banking and mobile banking, this management has become so easy. Just with a click on the screen, you can view everything related to the credit card whether it is the credit card statement, paying your credit card bills, details of the unbilled transactions, and much more. It becomes even more convenient when you link your bank account to your credit card. Now in this article, we shall discuss how we can link our credit cards to our bank accounts -

How to link a credit card to a bank account?

Linking your accounts makes it possible for you to make transactions between these accounts electronically. You will not have to visit a bank branch or an ATM to complete the transactions such as bill payments, statement requests, etc. Where you might not have an access to your credit card but if you have linked it to your bank account, you can have all details on your phone with the mobile banking application of the particular bank.
You can follow the below-mentioned steps to link your credit card to your bank account -

Login to the Net Banking of your respective bank

On the home page, go to the 'Credit Cards' Tab

Under the 'Credit Cards' Tab, click on the 'Register New Card' button

You will then be required to enter all your card details such as card number, name on the card, expiry date, and CVV

After entering all these details, click on the 'Submit' button

After submitting, you will One Time Password (OTP) on your phone to verify your identity

Enter the OTP and hit the 'Submit' button

In this way, you have successfully placed the linking request. However, the steps might vary to some extent for every card issuer, but it will be easier for you to link your card when you already know the basic steps. The bank takes almost 24-72 hours to verify your information and process your request. Upon successful verification, your linking request will be approved by your respective bank.

Benefits of linking a Credit Card to a Bank Account

By linking your credit card to your bank account, you can avail various benefits such as -

Credit card offers - All the offers related to credit cards are posted on the bank's net banking page. So, you can stay up to date on these offers by logging in to your net banking portal.

Credit card bills - After linking your credit card to your bank account, you can very easily pay off your credit card bills. All you have to do is to log in to your net banking. Select the option of credit card bill payment. After entering the amount that you want to pay towards your credit card bill payment, the amount will be deducted from your account and credited to your credit card account.

Limit Enhancement - You can place a request for credit limit enhancement through net banking. Furthermore, sometimes there may exist some pre-approved offers for credit limit enhancement in your net banking. You can just click on the approval and your credit limit will be enhanced.

Credit Card Statement - Your credit card statement can be easily viewed through net banking. You can even view your previous statements as well.

Also Read: 9 things to check in your Credit Card Statement

Bottom Line

Paying off credit card bills is one of the common problems that credit card users face because many times, they have their savings account in a different bank and their credit card with some other bank. Hence this results in complications of timely bill payments and missing out on due dates. Therefore, by linking your credit card to your bank account, you can view all the details such as bill due date, minimum payment amount, credit card statement, etc. And you can easily pay your credit card bills on time using net banking.

# data[].attributes.attachment_link.title
How To Link Credit Card To Bank Account And Its Benefits

# data[].attributes.attachment_link.description
A credit card can prove to be helpful in a situation where you are not carrying loads of cash to make your bill payments or in a situation where you can earn a good amount of reward points or cashback using your credit card.

# data[].attributes.headline
So, in this post you will learn about Understanding Secured Credit Cards and How it Works?

# data[].attributes.subject
So, in this post you will learn about Understanding Secured Credit Cards and How it Works?

# data[].attributes.body
A secured credit card is a card that requires a cash security deposit when you open the account. The deposit reduces the risk to the credit card issuer: If you don't pay your bill, the issuer can take the money from your deposit. That's why these cards are available to people with bad credit or no credit.
Click on this link to get full information:
https://cardinsider.com/blog/what-is-a-secured-credit-card/

# data[].attributes.attachment_link.readable_text
Credit Cards provide a great outlet for cardholder to improve their spending and purchasing power with their instant credit facility. However, there are some eligibility requirements, for example, a good credit score to obtain a credit card. Financial institutions such as banks do not offer credit cards to all their customer with a low income, no credit history, and a bad credit score. In such a scenario, the bank would issue a credit card against Fixed Deposit to the applicant with a low income and a bad credit score.

Definition- Secured Credit Card

A secured credit card is a kind of credit card that requires a fixed deposit as collateral against the line of credit and is typically issued to people who have a poor credit score and no credit history. A secured credit card, as opposed to a conventional or unsecured credit card, is issued by financial institutions such as banks in exchange for collateral. Assuming the cardholder is unable to make payment of the due amount, the fixed deposit acts as a security for the card issuer company. It helps the customers with no credit history or low credit score to rebuild and boost their credit score.

A Credit Card Against Fixed Deposit

Credit cards are unsecured debt instruments, due to which the interest rate is higher than the interest rate of secured debt instruments such as loans. Unsecured debts tend to be more expensive than secured debts because if the borrower defaults on payments, the lender will be unable to reclaim the due amount. A secured credit card differs from a conventional credit card in the aspect that secured credit cards require a fixed deposit as a security.

The cardholder applies for a secured credit card with the card issuer company. Typically 80-90% of the associated fixed deposit is set as the credit limit for a secured credit card.

A secured credit card comes with a lower interest rate when compared to unsecured credit cards. A regular monthly installment is payable against the due amount. Secured credit cards work as a safer option for the card issuing companies to offer credit to subprime borrowers or those with no credit history. Subprime Borrowers are the individuals representing a higher risk to the lenders due to their bad credit history.

Secured Credit Cards-: Basic Principles

The credit limit of secured credit cards is linked directly with the fixed deposit amount. Banks may provide the applicant with a credit limit based on the deposit amount. Higher the deposit amount higher will be the credit limit and vice versa.

The bank may charge the cardholder with an interest rate that may go up to 36 percent. The cardholder can not make a premature withdrawal from the deposit. If the cardholder fails to pay the due amount with interest, the bank may recover the outstanding amount by taking over the fixed deposit account. Fixed deposits serve as a 'lien' for banks if the cardholder fails to pay his or her credit card bill.

The cardholder would be unable to use his existing secured credit card attached to the fixed deposit once the account matures. In that case, the cardholder would not be able to use his credit card for the transactions, and he may apply for a new credit card with the bank.

Features of Secured Credit Cards

Secured credit cards offer a wide variety of benefits, and are designed for consumers who lack the necessary credit history for an unsecured or prepaid credit card.

Fixed Deposits made against secured credit cards should be for a minimum tenure of 6 months.

An interest-free period of 40-50 days is offered to the cardholders by the banks.

The approval process is quick since the banks are risk-free because the cards are provided on the back of a deposit that serves as collateral.

There are banks, which offer interest on the security deposit. That helps the applicants of secured credit cards to earn interest on their deposit along with the benefits.

How to Obtain a Secured Credit Card?

When it comes to secured credit cards, each bank has its own set of requirements. While some banks need a minimum deposit for the card, others require you to open a fixed deposit with the bank. The amount in the fixed deposit serves as a bank's collateral in the event you are unable to pay your dues.

In case, a person already has an existing Fixed Deposit account, he can visit the nearest branch of your bank and fill an application along with and Identity proof such as an Aadhar card, PAN card Driving License, or Passport. No income proof is required to avail credit against Fixed Deposit

If a person does not have any Fixed Deposit in a bank, he can get the account opened by visiting the nearest branch of his preferred bank and apply for a secured credit card.

Advantages of Secured Credit Cards

Reduced Interest Rates-: Secured credit cards offer a lower interest rate when compared to standard unsecured credit cards. The banks provide lower interest because there is a lower risk associated with a secured credit card. The banks may use this fixed deposit as a lien against default in payments made by the cardholder.

Helps to Build Credit Profile-: Customers with no credit or limited credit history may find it harder to obtain a credit card. Banks issue credit cards based on the credit history of an applicant. Therefore, a secured credit card is a suitable option to choose from for anybody with low income or limited credit history to avail credit and build his credit profile.

No Income Proof mandatory-: No income proof is required by the banks when applying for a secured credit card. Since the fixed deposit serves as security to the banks, making it an ideal choice for students, homemakers, and senior citizens to avail themselves of credit.

Parting Thoughts

Customers with no credit history, a low credit score, or no credit history at all might use secured credit cards to suit their financial demands. The majority of secured credit card financial tools used help build improve your credit. A secured credit card can help a borrower to avail credit at a cheaper price. However, secured credit cards do lack the flexibility of payments as compared to unsecured credits.

Frequently Asked Questions

What is the difference between a secured credit card and a prepaid credit card?
Secured credit cards get backed by a fixed deposit that serves as collateral for the card issuer. The deposit made by the cardholder determines the credit limit of the secured credit card.

Can I build credit through a secured credit card?
Yes, secured credit cards are a great way for an individual with a bad credit score or no credit history to build a credit profile.

Does a secured credit card have an interest-free credit period?
Yes, a secured credit card has an Interest-free period ranging from 30-50 days.

Where is a secured credit card accepted?
All online and offline stores, gas stations, supermarkets, restaurants, motels, and other businesses accept a protected credit card. It can be used as a standard unsecured credit card at any POS system.

Can I convert a secured credit card into an unsecured credit card?
No, Banks do not allow you to convert your secured credit into an unsecured credit card instead you need to apply for a new credit card.

# data[].attributes.attachment_link.title
Secured credit card: Features, Advantages & More - Card Insider

# data[].attributes.attachment_link.description
Credit Cards provide a great outlet for cardholder to improve their spending and purchasing power with their instant credit facility. However, there are some eligibility requirements, for example, a good credit score to obtain a credit card. Financial institutions such as banks do not offer credit cards to all their customer with a low income, no credit history, and a bad credit score.

# data[].attributes.headline
So, in this post you will learn about Tips for Your First Credit Card:

# data[].attributes.subject
So, in this post you will learn about Tips for Your First Credit Card:

# data[].attributes.body
No matter how old you are—or where you are in life—the day you get your first credit card is often when your credit history is born. And that first card can help you in countless ways when used responsibly.
Click on the link to get full tips and information about your first credit cards:
https://cardinsider.com/blog/tips-to-apply-for-first-credit-card/

# data[].attributes.attachment_link.readable_text
A credit card is a very convenient financial product that you can use to purchase a variety of items ranging from daily essentials such as groceries to buying expensive products like laptops or television. Credit Cards are very easy to use and offer quick and easy transactions instantaneously. You can also use them to get amazing benefits such as rewards and cashback on all your spends.

When you start earning and think of managing your finances efficiently, getting a credit card is one of the first options that come to your mind. However, it is difficult to get a credit card with no credit history. There's also a limited variety of credit cards that you can choose from when you are applying for the first time. This is because if you are a student, or got a job for the first time, you probably don't have a credit history. Without a credit history, you won't have a credit score which is one of the most crucial criteria for the banks to issue a credit card to someone. Hence, banks are cautious when giving credit cards to first-time users. Banks that issue credit cards to new users also ensure that their credit limit is low so that the bank has limited liability.

Nevertheless, a few banks offer entry-level credit cards and it is possible to avail of one if you follow the initial application process carefully. Read through the article to gain a better insight on things you need to keep in mind while applying for your first credit card.

Check your eligibility

Every card issuer has a different set of criteria for its applicants. These issuers evaluate your credit card application against parameters such as age, nationality, income, credit score, etc. When you fail to meet these parameters, your application might get rejected. Hence it is essential to know about the eligibility criteria of the bank at which you wish to apply for the credit card.

For reference purposes, the eligibility criteria for HDFC Bank Credit Card are as follows :

If you are a salaried individual, you must be between 21 and 60 years of age

If you are a self-employed individual, you must be between 21 and 65 years of age

You must be an Indian resident or a non-resident Indian

You must have a regular source of income

You must meet other card-specific requirements

Also Read: Check Credit Card Eligibility Criteria for All Major Banks

Have the required documents ready

Similar to the eligibility criteria, the documents needed to apply for a credit card will differ from bank to bank. You will need to check the list of documents through the bank website and make sure that you have the updated version of these documents. However, here is a basic list that you will need to submit to apply for a credit card :

Filled application form

Passport size photographs

Proof of residence (Aadhar, PAN, utility bills, driving license, etc.)

Proof of identity (Aadhar, PAN, passport)

Latest salary slips

Bank statements

Form 16

If you are a self-employed individual, you will need to submit :

Income proof

Proof of business

Statement of accounts

You will have to provide your student ID with the application if you are applying for a student credit card.

Choose a card with a low annual fee and other associated fees

When comparing credit cards, go through the Most Important Terms and Conditions (MITC) on the bank's website so you get an idea about the fees and other charges associated with that credit card. Take note of a few things like cash advance fees, late payment fees, the interest rate charged on balance amount, cash withdrawal charges, GST, foreign currency markup fees, etc to gain a better understanding of it.

Having a low annual fee for first-time credit card users is beneficial as it helps them in building a good credit score with a lower risk. Although a high annual fee comes with many perks and rewards, it is essential to note that there are higher interest rates associated with them as well. Also, paying high credit card fees as a first-time user might get overwhelming, and can accumulate debt if not paid on time. Hence, if you are using a credit card for the first time, take some time to build financial discipline, and then according to your spending patterns, upgrade to a credit card with a higher annual fee.
Check List of Top Low-Interest Credit Cards here
Compare rewards and other perks

There are multiple benefits and perks of different credit cards. Even entry-level credit cards offer a host of special offers to choose from. You can compare these cards and choose the one that offers the benefits that you want the most. Some credit card types to compare are: Lifestyle credit cards, rewards credit cards, travel credit cards, business credit cards, and shopping credit cards. These credit cards offer an array of rewards such as cash backs, discounts, reward points, airport lounge access, and fuel surcharge waivers. You must also read the terms and conditions associated with the offers to gain more clarity.

For example, ICICI Amazon Pay Credit card has no annual fees and offers 5% cashback to Amazon Prime members on all Amazon spends, whereas for Amazon Non-Prime members it offers 3% cashback. Similarly, for travel-related benefits, Axis Bank offers the Vistara Signature Credit Card through which frequent travelers get the the opportunity to avail up to 4 premium economy tickets annually by reaching spending milestones.

Avoid applying for many credit cards at once

Initially, you might be tempted to apply for multiple credit cards at once to get promotional sign-up bonuses, but applying for multiple credit cards at once usually backfires. If you do so, then you will come off as a credit-hungry person to the credit card issuers and it might put your application at risk. If you already have a credit history, submitting multiple applications for a credit card can hurt your credit score. Hence apply only at one bank and use that one to gradually build up your credit score and then apply for the next after a few months, ideally, 6 months works best.

Best entry-level credit cards to choose from

Now that you have a basic idea about applying for your first credit card, you can choose the credit card that would work best for you. Below is a list of the best entry-level credit cards to choose from :

HDFC Bank MoneyBack Plus Credit Card - This is a suitable credit card for people who often shop online. It offers 10X reward points on shopping through Flipkart, Amazon, BigBasket, Reliance Smart Super Store and Swiggy. You also get up to 15% off when you dine-out at restaurants in select cities.

Amazon Pay ICICI Credit Card - Amazon Prime users get 5% cashback on spends whereas Amazon Non-Prime users get 3% cashback. This card is lucrative if you shop through Amazon often.

Axis Bank Ace Credit Card - As a cardholder, earn 5% cashback when you pay bills on Google Pay and 4% cashback when you use Swiggy, Zomato or Ola.

SBI SimplyCLICK Credit card - Get 10 times for reward points when purchasing through websites such as BookMyShow, UrbanClap and Cleartip. Also get an Amazon e-gift voucher worth Rs. 500 as a joining benefit

HSBC Cashback Credit Card - This card has amazing introductory offers and you can receive welcome benefits such as Amazon voucher worth Rs. 1000, 5 Myntra vouchers worth Rs.1500 if you spend a minimum of Rs. 1000 in the first 30 days in a single transaction.

Options for getting a credit card with no credit history

Your credit score is one of the most important parameters of evaluation for your credit card application. Lenders are hesitant to give a credit card to someone with no credit history. Nevertheless, it can be possible to apply for entry-level credit cards and build your credit history from scratch, in this case, you can consider two options :

Applying for a secured credit card - It is fairly easier to get a secured credit card than an unsecured one, especially if you are a first-time credit card user. For availing of a secured credit card, the applicant has to submit a security amount or collateral which the bank usually keeps in the form of a fixed deposit. One example of a secured credit card is the SBI Card Unnati. It is free for the first 4 years but you will have to submit a security deposit of Rs. 25,000 or more. A person will only be allowed to take a credit of 80% of the security deposit to a maximum of Rs. 5 Lakhs.

Applying for an unsecured credit card - For people with no credit history, it is difficult to avail of an unsecured credit card. These credit cards do not require collateral or security amounts. You can try applying for an unsecured credit card if you have sufficient income that shows your creditworthiness. You can do so by getting a credit card based on your salary statement, this is applicable if you are working in a private or public company for more than 6 months. It is recommended that you apply for a credit card at the bank where you have your salary account as the document verification process gets easier for the bank and you can get a quicker decision of whether your application has been accepted or rejected. You can also get a credit card against a fixed deposit. The best thing about this method is that your Fixed Deposit will continue to gain interest while you spend on your credit card. However, ensure that you make timely payments to build a good credit score.

The Bottom Line

Applying for a credit card for the first time can be challenging for some people owing to the terminologies, terms, and conditions associated with it that not many people are aware of. However, if you have made up your mind to get a credit card, you can research it and gain knowledge related to it. This way you can gradually grow your credit card awareness and apply for entry-level credit cards. Once you avail of this credit card, you can build your credit score and apply for the credit card that you are eyeing in the next six to eight months. Remember that building credit is a long-term process and you need to be patient and consistent while managing your finances.

# data[].attributes.attachment_link.title
Tips To Apply For First Credit Card - Card Insider

# data[].attributes.attachment_link.description
A credit card is a very convenient financial product that you can use to purchase a variety of items ranging from daily essentials such as groceries to buying expensive products like laptops or television. Credit Cards are very easy to use and offer quick and easy transactions instantaneously.

# data[].attributes.headline
So, in this post, you will get to learn about How To Get A Higher Limit On Your Credit Card?

# data[].attributes.subject
So, in this post, you will get to learn about How To Get A Higher Limit On Your Credit Card?

# data[].attributes.body
Credit Cards have become an indispensable part of life these days for many people. And one of the realities people must deal with is the existence of the Credit Card limit. As you may well be aware, you cannot spend an unlimited amount on your Credit Card. There is a specified Credit Card limit beyond which you cannot spend. This can act as a brake on your purchasing power.
Click on the link to get full information:
https://cardinsider.com/blog/how-to-increase-credit-limit/

# data[].attributes.attachment_link.readable_text
It is very true that credit cards give you financial stability by allowing you to make purchases for which you can pay later. But, there is always a fixed amount up to which you can spend using your credit card, and this maximum amount is known as your credit limit. However, many card issuers also allow you to spend beyond your credit limit but it is not at all advisable to do so. Then, what to do if you are not able to manage your expenses with the credit limit provided to you or if you need a credit limit increase for some reason? The answer is simple; you can get your credit limit increased. Through this article, we are aimed at making you understand different ways to increase your credit limit. Go through the complete article to know more:

What is a Credit Limit?

The credit limit is the maximum amount your credit card issuer or money lender provides you to spend within a particular time period. The credit limit provided to you depends upon your creditworthiness. If you have a good credit history, you will surely get a good credit limit whereas if you seem to be a risky borrower to the bank, they will more likely provide you with a low credit limit. However, you can get your credit limit increased in several easy ways as mentioned below:

1. Improve Your Credit Score

From credit card application to the setting of your credit limit, your credit score plays a huge role in your whole credit journey. So, if you are having a low credit limit, there are high chances that your credit score is not good and you need to improve it. Improving your credit score is totally in your hands; what you need to do is just use your credit card responsibly and wisely. Pay your bills on time, don't use 100% of your credit limit, minimize hard inquiries, and do everything that is required for a better score. With a good credit score, it would become easier quite for you to increase your credit limit.

Also Read: 7 Ways to Increase Your Credit Score

2. Request Your Card Issuer To Increase Your Credit Limit

If you want to increase the credit limit of your existing credit card, you can apply for the same. Almost all the card issuers understand their customers' financial needs and allow them to request a credit increase. However, their decision depends on different factors, including your income, credit score, payment behaviour, loyalty to the bank, etc. Also, if you use multiple credit cards, request the credit increase for one you use more often.

Most of the card issuers even offer an increased credit limit every year to their customers who show responsible payment behaviour throughout the year. You can check if your bank is also offering the same or not. Sometimes, the banks provide you with an annual limit increase even if you don't need it at that particular time. It is one of the easiest ways to get your credit limit increased just by making payments on time the whole year.

3. Keep Your Bank Updated With Your Financial Status

Your bank might not be aware of the increase in your income and hence may not allow an increased limit to you. So, it is really essential for you to keep your bank updated with your current income so that they provide you with a higher credit limit every time your get promoted. You can either ask them to increase the limit on your current card or issue a new credit card with a higher limit that matches your current financial requirements. However, you should have valid proof showing your promotion/increased salary in order to do so.

4. Apply For A New Credit Card With Higher Limit

It is one of the best ways to get an increased credit limit through a new credit card. If your existing card doesn't provide you with a sufficient limit even after your request, you can apply for a new credit card that comes with a higher limit. Having multiple credit cards will not only provide you with a higher limit but will also help you maintain a good credit utilization ratio and hence will improve your credit score.

5. Pay Your Bills On Time

The payment behaviour of a credit cardholder is among the most important factors that are considered when deciding the credit limit. A decent payment behaviour can help you get a higher credit limit whereas a non-responsible payment behavior can leave you with a low credit limit and high debt as well. So, make sure to pay your credit card bills on time. Try paying the full amount due instead of making only the minimum payment to get your credit limit increased.

Benefits of Getting Your Credit Limit Increased

Low Credit Utilization - To get a good credit score, it is not advisable to utilize 100% of the credit limit provided to you. You should use only 30% of your total available credit, which is not possible with a credit card with a low credit limit. However, with a higher credit limit, it will become far easier to manage your expenses with a lower percentage of credit limit being utilized.

Helpful in case of emergencies - A higher credit limit might seem like a blessing in case of emergencies. If you need immediate funds, you will not need to apply for any additional instant loan or to borrow it from someone when you will have a credit card with a high credit limit.

Make big purchases smoothly - With a credit card providing a high credit limit, it becomes far easier to make big purchases, such as home appliances, furniture, and many more. Many credit cards nowadays come with purchase protection plans and an extended warranty period so that you can avoid loss in case the product is damaged.

Bottom Line

These were some of the popular and most significant ways to increase your credit limit. However, there is a common thing that you will require no matter which of these methods you choose and that is to maintain a good credit score. No card issuer would like to give a high credit limit to a person who is not responsible and who doesn't have good payment behaviour. So, along with keeping all the above points in mind, try to do every possible thing to achieve an excellent credit score or to maintain at least a good one.

If you still have any doubts about how to increase your credit limit, make sure to write them in the comment section below. You can also share your experience of getting a higher credit limit.

# data[].attributes.attachment_link.title
How to Increase Your Credit Limit: Understand All Methods

# data[].attributes.attachment_link.description
It is very true that credit cards give you financial stability by allowing you to make purchases for which you can pay later. But, there is always a fixed amount up to which you can spend using your credit card, and this maximum amount is known as your credit limit.

# data[].attributes.headline
Common Credit Card Charges & Ways To Avoid Them

# data[].attributes.subject
Common Credit Card Charges & Ways To Avoid Them

# data[].attributes.body
The easiest way to avoid finance charges is to pay your balance in full and on time every month. Credit cards are required to give you what's called a grace period, which is the span of time between the end of your billing cycle and when the payment is due on your balance.
Click on the link to know more: https://cardinsider.com/blog/common-credit-card-charges-ways-to-avoid-them/

# data[].attributes.attachment_link.readable_text
Nothing comes for free and so do credit cards. Most people are only aware of the annual fee charged on credit cards. But, there are a lot of additional charges as well, including interest charges, cash advance fees, late payment fees, and many more. Being a credit card user, you should be aware of all these charges and also the ways to avoid them so that you can use your credit card wisely and avoid as many charges as you can. But, how is it possible to avoid charges on a credit card? Yes, you can avoid a lot of credit card fees and charges if you use your credit card wisely. Keep reading the article to understand the same in detail:

Annual Fee

Credit cards charge an annual fee, which can be different for different cards depending on their features and benefits. Some cards even come with a zero annual fee and are known as lifetime-free credit cards. The annual fee can be as low as Rs. 250 and as high as Rs. 2 lakhs as well. Most credit card issuers provide you with an opportunity to get the annual fee waived off on your credit card by spending a minimum amount. For example, the SBI SimplyClick Card comes with an annual fee of Rs. 500, which can be waived off if you spend Rs. 1 lakh or more in the previous year. However, it is never a good idea to spend unnecessarily to get your annual fee waived off, but you should try to make most of your purchases on your credit card so that you can achieve the minimum required spend and avoid paying the annual membership fee.

Check here: List of Top Lifetime Free Credit Cards

Interest Charges

The interest starts accruing on your credit card balance if you carry it even after the payment due date. No interest is charged on your credit card purchases by the payment due date, but if you miss your payment or you pay only the minimum due amount, the remaining outstanding balance will keep increasing due to the interest charges on it. Credit card issuers provide you with an interest-free period of up to 50 days to pay your credit card bill, which should be more than enough for the cardholders. The best way to avoid this unnecessary interest is to pay your credit card bill in full each month. If you always keep your credit card dues clear, you can avoid interest totally and repay only what you have borrowed.

Late Payment Fee

Late Payment Fee is charged when you don’t even pay the minimum due amount by the payment due date. However, it is always better to pay the full outstanding every month as discussed earlier, but if you can’t pay the full amount, you should make sure to pay at least the minimum amount in order to avoid late payment charges and a negative impact on your credit score.

Over Limit Fee

You are provided with a credit limit, which is the maximum amount you are allowed to spend using your credit card. However, some card issuers allow you to spend beyond this limit and others don’t. But, you should be aware of the fact that spending beyond your credit limit is not a good idea as it doesn’t only charge you an over-limit fee and can also have ad adverse effect on your credit score. If your credit limit is not sufficient, you can ask your card issuer to provide you with a higher credit limit or apply for another card. To avoid overlimit fees, you should either get a higher credit card or get multiple credit cards.

Cash Advance Charges

Credit Cards allow you to make every type of purchase using them, but you are not supposed to withdraw cash using your credit card. However, your card issuers provide you with the facility to withdraw cash using credit cards, but high cash advance fee is charged for the same. It is generally 2.5% of the amount withdrawn, subject to a minimum amount which can be up to Rs. 500. Moreover, you don’t get an interest-free period for cash advance transactions, i.e, the interest starts accruing on it from the very next day of withdrawal. Therefore, you should avoid withdrawing cash using your credit card until it’s really an emergency.

Forex Markup Charges

Forex Markup Fee is charged when you make an international transaction or a transaction in a foreign currency using your credit card. If you make an international, you can’t avoid this fee in any way. But, what you can do is try to get a card with a low or no foreign currency transaction fee, such as HDFC Regalia, Axis Bank Burgundy Private card, etc. Getting a premium credit card with a high annual fee and low forex markup fee will be a good idea if you are someone who has to make international transactions very often.

Learn here: All About Foreign Currency Markup Fee on Credit Cards

Reward Redemption Fee

Credit card issuers offer reward points/cashback on all the spends to their cardholders. The cashback is automatically credited to your account, but if you have a rewards credit card, you will have to redeem your earned points. Some card issuers allow you to redeem your points for a fee while others charge a reward redemption fee for the same. So, you should check for this before applying for a credit card. You can’t avoid the reward redemption fee on a credit card, but you should at least make sure to calculate that the value of your earned reward points is more than the reward redemption fee.

Bottom Line

Other than the annual fee, a credit card has a lot of fees and charges. Sometimes cardholders are not aware of all these charges and they do mistakes that should be avoided. You can maximize your credit card benefits only if you try your best to avoid most of its charges. And now you might have understood how you can avoid them. Just use your card responsibly, pay your credit card bill in full every month, don’t spend beyond your limit, and keep all the above points in mind. If you still have any doubts regarding credit card fees & charges and ways to avoid them, you can ask us in the comment section below!

# data[].attributes.attachment_link.title
Common Credit Card Charges and Ways To Avoid Them

# data[].attributes.attachment_link.description
What are a few ways to avoid credit card fees? - In this article, you will learn about the seven most common credit card charges and how you can avoid them.

# data[].attributes.headline
So, in this post, you will learn about Lifetime Free Credit Cards vs Paid Credit Cards: Which One Should You Pick?

# data[].attributes.subject
So, in this post, you will learn about Lifetime Free Credit Cards vs Paid Credit Cards: Which One Should You Pick?

# data[].attributes.body
Explore the best lifetime free credit cards in India. Find, compare and apply for credit card with no annual charges. Choose the card based on your needs and enjoy reward points, cashback, sign-up bonus and much more.
Click on the link to get full information: https://cardinsider.com/blog/lifetime-free-credit-cards-vs-paid-credit-cards/

# data[].attributes.attachment_link.readable_text
You might have wondered, while the majority of credit cards come with a membership fee (usually charged annually), there are some credit cards that are absolutely free for lifetime- you need not pay even a single penny to use the card and avail all the benefits that the card offers. On the face of it, it might sound only logical to go for a free credit card, however, it is not always the case.

Whether you should opt for a free credit card or a card with a membership fee depends upon your total annual expenditure, your spending habit and the benefits you expect from your credit card. In this article, we will help you figure out whether you should go for a paid credit card or a free credit card is sufficient for your needs.

Lifetime Free Credit Cards

As is obvious from the name, these credit cards are free for lifetime, i.e. you do not have to pay any fee to use the card regardless of how you use the card. Lifetime free credit cards are almost always entry-level cards and usually do not offer many additional benefits like airport lounge access, complimentary golf games, insurance, etc. However, most lifetime free credit cards do offer a decent reward rate- ranging anywhere from 1% to 5%.

Some of the popular lifetime free credit cards are Amazon Pay ICICI Bank Credit Card (reward rate of up to 5% on Amazon), IDFC FIRST Millenia Credit Card (reward rate of up to 2.5%) and Kotak 811 #DreamDifferent Credit Card. Majority of these cards earn you Reward Points/cashback, but do not offer additional benefits like airport lounge access, insurance cover, travel benefits, movie benefits, etc. that one expects from a premium or a mid-range credit card.

On a side note, all credit cards offered by IDFC FIRST Bank, including their premium credit cards, are free for lifetime. IDFC FIRST credit cards like IDFC FIRST Wealth Credit Card and IDFC FIRST Select Credit Card also offer benefits such as complimentary airport lounge access and complimentary insurance covers despite being lifetime free offerings by the bank.

Check here: Best Lifetime Free Credit Cards in India

Credit Cards with an Annual Fee

For most credit cards, the cardholder is required to pay a certain amount to the card issuer as the membership fee. This fee is usually charged annually and is, therefore, more commonly known as the annual fee of the card (some credit cards like ICICI Emeralde Credit Card also allow you to pay your membership fee on a monthly basis). The annual fee of a credit card can be as low as just Rs. 500 for entry-level cards or as high as Rs. 60,000 for super-premium credit cards.

The good news however is that for the majority of credit cards that come with an annual fee, the same is waived off on spending a certain minimum am0unt with the card in a membership year. This means that if you spend that minimum amount (also known as spend milestone) with your credit card in a year, the card effectively becomes free for you.

For example, HDFC Millennia Credit Card, which happens to be one of the most popular credit cards by the bank, comes with an annual fee of Rs. 1,000. However, this fee of Rs. 1,000 is completely waived off if you spend a minimum of Rs. 1 lac in a membership year. So, it is fair to say that HDFC Millennia Credit Card becomes free for you if you spend a minimum of Rs. 1 lac with the card every year.

Benefits of Credit Cards with an Annual Fee

Although the annual membership fee is waived off on spending a certain amount with the card, you might be wondering, still, why would someone consider a paid credit card when free options are available in the market? The answer is, credit cards that come with a membership fee offer many additional benefits that you do not get with free credit cards. Some of the benefits that one can expect from a paid credit card include complimentary airport lounge access, dining/movie benefits, travel benefits, complimentary insurance cover, etc. Usually, the more additional benefits that a card offers, the higher the annual fee of the card.

Lifetime Free Credit Card or Paid Credit Card- A Quick Comparison

If you use your credit card only occasionally, you are better off with a lifetime free credit card as you do not have to worry about achieving spend milestones for you are not going to be charged any annual fee no matter how you use the card.

On the other hand, if you are a pro user, or if you want a credit card for a specific need- for example, if you are a frequent flyer, you might want to opt for a travel credit card- you should go for a paid credit card. The following table summarises whether you should opt for a lifetime free credit card or a paid credit card depending upon your spending habit and the benefits you wish to avail of-

Opt for a lifetime free credit card if-

Opt for a paid credit card if-

You use your credit card only occasionally- i.e. you do not spend enough to fulfill the spend-based annual fee waiver condition of a paid credit card.

You are a pro credit card user and spend enough to fulfill the annual fee waiver condition of the paid credit card.

You only want to earn Reward Points/cashback for using your credit card and are not very interested in the additional benefits that you get with a paid credit card.

You wish to avail of the additional benefits such as complimentary airport lounge access and other travel benefits, dining benefits, complimentary golf games and insurance benefits that you get only with a paid credit card.

# data[].attributes.attachment_link.title
Lifetime Free Credit Cards vs Paid Credit Cards

# data[].attributes.attachment_link.description
You might have wondered, while the majority of credit cards come with a membership fee (usually charged annually), there are some credit cards that are absolutely free for lifetime- you need not pay even a single penny to use the card and avail all the benefits that the card offers.

# data[].attributes.headline
Does Add-on Card Affect The Primary Cardholder’s Credit Score?

# data[].attributes.subject
Does Add-on Card Affect The Primary Cardholder’s Credit Score?

# data[].attributes.body
Most of the personal credit cards available in India offer add-on credit cards as an additional facility for cardholders.
An add-on credit card essentially contains the same features as the primary credit card and can be availed by the immediate family members of the primary cardholder.
Click on the link to get more information:
https://cardinsider.com/blog/does-add-on-card-affect-credit-score/

# data[].attributes.attachment_link.readable_text
Credit cards have proven to be very useful, especially at the time when needs arise at very short notice. Additionally, it allows you to take advantage of amazing deals and grab reward points and cashback on every purchase made through the card. There are many eligibility criteria that have to be cleared before you get a credit card. In such a situation, individuals such as first jobholders, students, housewives, etc may not be able to take advantage of such offers and deals. This is where an add-on credit card comes into the limelight. Do you know what add-on cards are? And does add-on credit card affect credit score of the primary cardholder?

Add-on credit cards or supplementary credit cards are the cards that are issued under a primary credit card. The primary cardholder can get add-on cards for his family members. An add-on card generally has the same features as that of the primary credit card which includes reward points, cashback, etc. Generally, banks do not charge any fee on the add-on cards but even if they do so, it is very nominal and affordable.

A primary cardholder can apply for an add-on card for his immediate family members. The number of add-on cards varies from bank to bank. Generally, the range is between 3 to 5. The credit limit of your add-on card will be the same as that of the primary card. It can be used up to the total limit of the card.

Also read: Why you should consider Add-on Credit Cards? Check out the Features and Benefits

Do add-on cards affect the primary cardholder's credit score?

Since all dues of the add-on card are billed to the primary cardholder, hence any delay or default in the payment of the add-on card will be reflected in the primary cardholder's CIBIL report and will negatively affect the credit score of the primary cardholder. Sometimes there might be a case where the primary cardholder has not used the credit card for any transaction but the add-on cardholder has. Therefore, it is the duty of the add-on cardholder to inform the primary cardholder about the transactions he has made through the card and about the bill the primary holder has to pay. Primary cardholders should inform all the add-on cardholders about the same and should guide them about the usage. Therefore it is very important for the primary cardholder to have a clear knowledge about the spending done through the add-on card as well.

Points to be considered in case of an add-on card

The primary cardholder should make sure that the person who is getting an add-on card is responsible enough. For example, if you are applying it for your daughter, you should make sure that she has maintained a good relationship with money in the past. If you know that she will not be able to handle the add-on card sincerely, do not get her an add-on card under your account.

You can always set a limit on the add-on card. By doing this, you can make sure that your supplementary cardholder will stay within the limit and you will be well aware of the maximum amount he can spend through his card.

You should always keep a track of all the expenses done through the add-on credit card.

You can guide the add-on card members as to what is the correct way to use a credit card as in when, why, and where a credit card should be used.

Bottom Line

An add-on card is nothing but just an additional card that shares the same limit as that of the primary credit card. This can be issued to the immediate family members of the primary cardholder. A primary cardholder can let his other family members also enjoy the benefits of the credit card but should well educate them about the usage of the credit card. An Add-on card holds importance as good as a primary credit card. All the repayments of the add-on credit card will have to be done in the same way as of a primary card. But the ultimate responsibility of the add-on card lies in the hands of the primary cardholder only. Hence it becomes important for the primary cardholder to track all the transactions and spendings done through the add-on credit card as well as any default will result in a negative impact on his own credit score.

Additional Reading: Things That Surprisingly Don't Affect Your Credit Score

# data[].attributes.attachment_link.description
Credit cards have proven to be very useful, especially at the time when needs arise at very short notice. Additionally, it allows you to take advantage of amazing deals and grab reward points and cashback on every purchase made through the card. There are many eligibility criteria that have to be cleared before you get a credit card.

# data[].attributes.headline
Tips To Handle Credit Card Debt Responsibly

# data[].attributes.subject
Tips To Handle Credit Card Debt Responsibly

# data[].attributes.body
In this post, you will get to know about tips to handle credit card debt. Credit card debt can quickly spiral out of control, but there are ways to handle it responsibly. Here are four tips to help you get your finances back on track:
1. Create a budget and stick to it.
2. Pay off your credit card balances each month.
3. Avoid using your credit cards for unnecessary expenses.
4. If you can't afford to pay off your full balance, try to at least make minimum payments on time.
For full information you clink on the link:
https://cardinsider.com/blog/t....ips-to-handle-credit

# data[].attributes.attachment_link.readable_text
If handled in a smart way, a credit card can be the most useful financial tool but it can prove to be a source of multiple financial worries if used ruthlessly. One needs to understand that paying off credit card debts on time is very important as any failure or delay in paying the debts would cost you even more than you owe because the interest portion and late payment charges will also be included in the debt already accumulated. Carrying on this routine for a long time will put you in a debt trap and make it very difficult for you to come out of this trap.

Staying in such a situation for a long time will affect your credit score in a negative way. The credit score is the most important tool that allows financial institutions to analyze your credibility before providing you with any further loan. But on the other hand, staying in debt for long leaves you in the worst mental state which increases your stress levels, keeps you sleep-deprived, etc which affects not only your mental health but other aspects of your life as well.

Also Learn: What is Credit Score - Everything You Need To Know

Important Tips To Handle Credit Card Debt

Most importantly, you have to take care that you should not initiate any such step which in turn lands you in a debt trap. Habits such as overspending, no repayments, or just minimum payments, etc can put you in this trap. Hence, in this article, we will discuss a few points through which you will be able to a good amount of knowledge that how should you handle your credit card debt in such a way that you do not end up being in a trap.

Jot down all your debts in a single place

This might seem silly but it is important. By writing down all that you owe, you can have a clear picture of how much you have to repay to the card issuers. Because if you are a multiple credit cardholder, there might be a possibility that you might unintentionally skip the repayment of one of the multiple cards. Hence, jotting down all the amount due and also the due dates of each card will help you in managing your debt.

Plan and Strategise

Now you have to plan your repayment strategy. This requires you to analyze all the options available for repayment and then choose one that best suits you.

The credit card bill can be converted into regular monthly installments which generally are provided at a low-interest rate.

The other option is that you can apply for a personal loan. You can repay the credit card bill with the amount of personal loan disbursed in your account and then you can pay EMI for personal loan repayment. This is because a personal loan is granted at a lower interest rate as compared to the interest rate on credit card debt.

There are 2 ways to repay your debt - either pay the bills from lower to higher amounts first or pay higher interest rates bill first. Paying through the first way will give you psychological satisfaction that your bill amount is reduced. But the second method will prove to be cheaper as high interest-bearing debts are paid off first.

Income and Expenses

Another point to be considered while debt repayment is that you should have a clear knowledge of your monthly income and expenses which includes house rent, monthly grocery, other EMI's, and many other things. You should manage all your expenses in such a way that you are able to pay the credit card bill as well.

Avoid overspending

Just because you have a high limit bearing credit card does not mean that you will start spending blindly. You should spend on your credit card only when it is necessary. You should always be aware of the fact that in the end, it is only you who has to pay off your credit card bill.

Pay more than the minimum due amount

If you are of the notion that just by paying the minimum amount every month towards the credit card bill, you will be in a safe zone, you are wrong. Technically you should be paying the whole of the amount due towards the credit card but if you are not able to pay the full amount, you should pay something that falls around the full amount or is more than the minimum amount. This is because the interest rate on these credit cards is quite high and not paying the debt on time would leave you in unwanted circumstances.

Use Balance Transfer facility

You can always transfer the balance of the credit card of one bank to the credit card of the other bank which bears a low-interest rate. By doing this, all your credit card bills will be consolidated into one card and you will be repaying them at a much lower interest rate.

Also read: 4 Steps to Pay Off Credit Card Debt

Bottom Line

Managing credit card debt takes proper planning and time but the good thing is that once you streamline this you can save a lot on your interest expenses. Also, you always will have to follow a structured plan to remain out of debt because it is easy to get into debt but handling it responsibly and getting out of it is quite a tough task. That is why you should always take care not to spend over and above your financial limits. Adding to this, you should always have a strategy in mind as to how will you repay your credit card debt. A balance transfer is a great facility offered by the banks these days that can help you in aligning your debt in an effective way. Staying out of debt will help you lead a stress-free life and you will be more aligned with your ambitions in life.

# data[].attributes.attachment_link.title
Tips To Handle Credit Card Debt Responsibly?

# data[].attributes.attachment_link.description
If handled in a smart way, a credit card can be the most useful financial tool but it can prove to be a source of multiple financial worries if used ruthlessly.

# data[].attributes.headline
Does Checking Your Credit Score Lower It?

# data[].attributes.subject
Does Checking Your Credit Score Lower It?

# data[].attributes.body
So in this post, you will get to learn about Does Checking Your Credit Score Lower It?
A lot of people are curious about their credit score. They want to know what it is, how they can improve it, and what impact their everyday actions have on it. So, one common question is: does checking your credit score lower it?

# data[].attributes.attachment_link.readable_text
A credit score is a number between 300 and 900, which depicts the borrower's creditworthiness. It is determined by credit bureaus and a lot of factors including your past payment history, credit utilization, number of hard inquiries on your credit profile, etc, are considered while calculating your credit score. Some people are reluctant to check their credit scores because they assume that checking their credit score often would lower it.

Lowering of credit scores depends on multiple factors such as not paying debt on time, applying for many credit cards at once, number of hard inquiries, etc. Essentially, there are a few terms such as soft inquiry and hard inquiry, which will help you understand whether checking your credit score will impact it or not. Read further to know more about it:

What is a soft inquiry?

A soft inquiry, sometimes also called a soft credit check happens either when :

You check your credit score.

An employer checks your credit score with your permission.

A lender checks your credit profile to pre-qualify or pre-approve you for an offer.

Do soft inquiries lower your credit score?

Soft inquiries don't impact your credit score because they aren't related to a specific credit application. Also, when you fill out a form to get prequalified for loans or mortgages, the lender would run a soft credit inquiry and that wouldn't affect your credit score. Soft inquiries are visible on your credit report to you for a period of 12 to 24 months, depending on the type.

What is a hard inquiry?

When you apply for a new credit card or a loan, the credit card company wants to see your credit history to analyze if you can be trusted as a borrower. Your financial behavior in the past, such as the balances on credit cards, the number of previous credit card applications submitted, and payment history helps them decide whether to approve you for credit and determine your creditworthiness. Essentially, the lender is assessing how likely you are to pay back the borrowed money.

To get the credit information that they require, the lender requests your credit report from the credit card bureaus and that creates a hard inquiry. Hard inquiries stay on your credit report for about 2 years and are visible to any further credit lenders. Different issuers interpret hard inquiries on your credit report differently.

Do hard inquiries lower your credit score?

Hard inquiries have a negative impact on your credit score. A credit score is determined by a mix of factors and a new credit inquiry, often called a hard inquiry, contributes to 10% of your credit score. Even though it is a fairly small percentage, it can decrease your credit score by up to 5 points. One thing to note here is that even though the hard inquiries are visible on your credit report for 24 months, the impact of hard inquiries on your credit score remains for a period of 12 months. So the decrease in the credit score is temporary and if you use your credit card strategically, the credit score can bounce back up.

Further, if many hard inquiries are created on your account in a short span of time, it can have a greater impact on your credit report and score. This happens because it implies to the lender that you are in desperate need of cash and your chances to land in debt are more. So, according to them, you are a high-risk borrower.

Is Checking Your Own Credit Score important?

As opposed to what people usually think, checking your credit score regularly is very important. Checking your credit score yourself is counted as a soft inquiry and does not lower it. Checking your credit score regularly helps you in maintaining a higher number. Also, if you have a low credit score, it could enable you to identify the reasons that might have caused it. In some cases, a too low score indicates inaccuracies in credit reports or fraud. The sooner you rectify it, the faster you can find a solution for it.

A credit score takes weeks or months to improve and if you check it right before applying for a loan or a new credit card, you won't have the time to fix it. People who check their credit score often are more accountable and track their credit card spendings in a better way. It also motivates them to budget down if they need to or make any other required changes to improve their credit score. Hence it is important to keep a tab on your credit score from time to time.
How often can you check your credit score?How often can you check your credit score?

You can check your credit score as many times as you want to. The number of soft inquiries won't affect your credit checking your credit score regularly is encouraged. If you are aiming to build your credit, check your credit score once every few months. Also, checking your credit report is essential too. While a credit score is a numerical summary of your credit report, the credit report consists of the actual data related to your credit history. When seeing your credit report, have an eye for things that you don't recognize. If you think that some data might be inaccurate, contact the card issuer to confirm if it's legitimate. Also, when you are applying for a home loan, credit card, auto loan, or something else, make sure to check your credit score and credit report at least a few weeks before. This could help you rectify any problems related to your credit that you might face during the application process.

How to check your credit score?

You can check your credit score through the official website of any of the four major credit bureaus in India, which are CIBIL, Equifax, Experian, and CRIF Highmark. Out of these, CIBIL is the most popular and major credit bureau in the country. So, let us take the example of CIBIL and understand how to check your own credit score.

The CIBIL generates a credit score (a 3-digit number which lies in the range of 300 and 900), in which a score below 580 is usually considered poor and above 750 as excellent. To find your CIBIL rating, follow the steps listed below :

Go to the CIBIL's official website and click on the tab "know your score"

Fill up the form which asks for credit relevant details such as name, date of birth, ID proof, and email address

Fill out your pan details correctly and then answer all questions about your credit cards and loans based on which your CIBIL report will be generated

Next, you will be guided to the payments page where you will be suggested subscriptions, but if you haven't opted for the one-time free report before in the current year, you can opt for that.

Then using the ID and password that you created in step 2, login to your account

You will be asked to authenticate through the email that you registered, click on the link, and enter your password

Once you login, you will be asked to submit a form that would be filled by default with the details you entered before.

Once you submit that, you would be able to see the dashboard with the CIBIL score.

Note: The CIBIL report is free once a year. Other subscriptions are priced at:
- Rs. 550 a month for one month ;
- Rs. 800 for 6 months.
- Rs. 1,200 for a year.

It is advised that you check your credit report at least a few times a year to maintain a healthy credit score and in case of discrepancy contact the concerned party ASAP.

The Bottom Line

Checking your credit score regularly is a healthy financial habit that helps you maintain a good score and keeps you accountable. Closely monitoring it will enable you to rectify issues that are lowering it and prevent you from making those financial decisions again. It is also recommended that you check your credit score before applying for a new credit card because an application rejection will cause your credit score to lower and that is exactly what you want to avoid. Further, there are multiple other sites apart from CIBIL such as Experian and Equifax through which you can check your credit score and keep yourself updated.

Also Read: 5 Major Things That Surprisingly Don't Affect Your Credit Score

# data[].attributes.attachment_link.description
A credit score is a number between 300 and 900, which depicts the borrower's creditworthiness. It is determined by credit bureaus and a lot of factors including your past payment history, credit utilization, number of hard inquiries on your credit profile, etc, are considered while calculating your credit score.

# data[].attributes.headline
Purchasing For Someone Else With Your Credit Card

# data[].attributes.subject
Purchasing For Someone Else With Your Credit Card

# data[].attributes.body
When it comes to spending money, there are a lot of options to choose from. Each way of spending money has its own set of pros and cons, and there is no perfect option for everyone. One popular option that people often choose is using their credit card to purchase items or services for other people.
Click on this link to get full information : https://cardinsider.com/blog/purchasing-for-someone-else-using-your-credit-card-know-the-risks/

# data[].attributes.attachment_link.readable_text
If you are a credit cardholder, you might have come across instances when one of your friends or relatives asks you to make a purchase for them using your credit card. Several questions might come to your mind in such situations like is it right to make a purchase for someone else or not? Will it affect your credit score in any manner? The answer is Yes as well as No. It depends on various factors. If the person, for whom you are making a purchase using your credit card, is responsible enough to pay the amount back to you on time, you can do it for him/her. Similarly, your credit score might be or might not be affected depending on how much amount you are spending. So, you must keep a lot of things in mind before purchasing for someone else using your credit card. Read on to understand several advantages and disadvantages of the same:

Advantages

Get Benefits of Spend Based Offers

Credit Card issuers keep launching various spend-based offers, under which you can earn thousands of reward points, accelerated cashback, gift vouchers, or other benefits by spending a minimum amount on your credit card. To get the benefits of such offers, you don't need to overspend but you can make some purchases for your friends or relatives and ask your friend to pay for their purchase in the form of cash or bank transfer. In this way, you can achieve the minimum required to spend without actually spending that much amount and maximize your benefit during the offer.

Achieve Milestone Spend

If you are having a credit card, you might be aware of the milestone benefits offered with credit cards. Under this, you get additional benefits on spending a particular amount or more than that with your credit card. But, sometimes the minimum spend requirement is higher than your expenses. So, you can make some purchases for others and ask them to pay back to you later. In this way, you can even achieve the minimum spend required to get your annual fee waived off.

Let Your Friend Avail Maximum Discount Offers

Credit Cards offer exclusive discount offers during the sale several times a year. If one of your really good friends or relatives wants to make a big purchase during the sale, you can purchase it for them using your credit card as they will save even more if they buy it using credit cards rather than debit cards or cash. Moreover, you can also earn lots of reward points/cashback.

Disadvantages

Negative Impact on Your Credit Score

If you make a big purchase for someone else using your credit card, you might be utilizing a lot of your credit limit. You might be aware of the fact that a high credit utilization ratio affects your credit score in a negative way. Utilizing more than 30% of your credit limit is not advisable if you want to want to maintain a good credit score. So, you should consider this factor before making a large purchase for someone else using your credit card.

Your Credit Card Might Get Blocked

If you keep making purchases for others using your credit card, or if you give it to others very often, your card issuer may block your credit card if they get to know about it. It is because the card is issued to you for your personal use and not for your friends or relatives. However, it is not illegal to hand over your credit card to someone else, but you should avoid doing so or do it at your own risk.

Getting Your Money Back Might Be Challenging

When you let your friends or relatives make some purchases on your credit card, you can not say when are going to get your money back from them as it might be a bit challenging to ask them for money on your own. Sometimes, they don't even give it to you or they keep saying that they'll give it to you later. So, you should make sure that you are using your credit card for someone whom you can trust.

Bottom Line

Handing over your credit card to someone else is never a good idea, not even to your closest friend. Even if you are making a purchase for someone else, you should make sure that the card is being used in front of you or you can do it yourself. There are a lot of websites or apps that allow you to lend your credit card these days, But before using such sites, you must check for how authentic they are. Also, you should consider all the risks that are involved in doing so. Your credit card information should be kept very personal and you should beware of the fact that sharing your credit card number, CVV, OTP, etc, is not at all a good idea. You can make purchases for others using your credit card, but make sure that trust that person, or if you are lending your credit card on a website, do thorough research to check its authenticity. If you still have any doubts regarding the topic, you can ask us in the comment section below!

# data[].attributes.attachment_link.title
Purchasing For Someone Else Using Your Credit Card? - Know The Risks

# data[].attributes.attachment_link.description
If you are a credit cardholder, you might have come across instances when one of your friends or relatives asks you to make a purchase for them using your credit card. Several questions might come to your mind in such situations like is it right to make a purchase for someone else or not?

# data[].attributes.headline
Credit Card Chargeback: Everything You Must Know

# data[].attributes.subject
Credit Card Chargeback: Everything You Must Know

# data[].attributes.body
In this post, you will know about Credit Card Chargeback, in a simple way:
Chargebacks occur when a customer disputes a charge on their credit card statement. This can happen for several reasons, such as the purchase not arriving, being defective, or not meeting the customer’s expectations. In order to dispute a charge, the customer must contact their credit card company and provide evidence that supports their claim. The credit card company then makes a determination on whether to issue a chargeback.
If you’ve been hit with a chargeback, there are a few things you can do just click on the link to get full information:

# data[].attributes.attachment_link.readable_text
Have you ever paid for something that you didn't get? Or have you paid for a service that was never provided to you? If yes, you might be wanting your money back in such situations, but that isn't possible if you don't have valid proof for the same. However, all the major e-commerce companies, like Amazon, Flipkart, etc, try their best to ensure that such incidents don't occur, but still, it happens with a lot of individuals. But, if you have a credit card, you don't need to worry. Your credit card issuer might give your money back in such situations, provided that you have informed & explained the whole scenario to them in a timely manner. This is what ' Credit Card Chargeback ' is all about. To understand it in detail, keep reading the article:

What is Credit Card Chargeback?

Credit Card Chargeback is the amount that is revered to your credit card account as a result of a dispute raised by you. You can raise a dispute to get a chargeback if you have not received an item for which you have already paid using your credit card or if you have noticed an unauthorized transaction on your credit card. A lot of individuals consider a refund and a chargeback as the same thing, but both are different. A refund is given by a merchant, whereas a chargeback comes from your credit card issuer.

For example, you ordered an item from Flipkart, which was marked as delivered on the app, but you haven't received it. Now, there might be two cases. First, you tried contacting Flipkart customer care, explained the whole scenario and they refunded your amount. The second case can be: you talked to Flipkart customer care, but they are saying that the item has been handed over to you by their delivery partner and they aren't ready to give you a refund (however, that rarely happens with a popular company like Flipkart). In this case, you can request a chargeback and your card issuer will give your amount back to you.

If you have asked for a chargeback in the right manner, your card issuer will either talk to your merchant to process the refund or they will give your amount back from their end. In short, credit card chargeback can also be defined as the whole process from raising a dispute against a credit card charge to getting the amount back in your account.

When Should You Request a Chargeback?

Following are the situations in which you can ask your card issuer for a chargeback:

You didn't receive a paid item: You can request a chargeback if you didn't receive an item for which you have paid and it has been marked as 'delivered' on the merchant's website.

Your ordered item didn't meet your expectations: If you have ordered an item that is different from what was shown on the merchant's website or if it didn't meet your expectations quality-wise, you can request a chargeback if the merchant is not ready to refund your amount.

In case of fraudulent/unauthorized transactions: If you have received a message regarding a transaction that you didn't make, you can ask your card issuer for a chargeback as most of the credit cards come with zero liability protection against a lost/stolen card.

An incorrect amount is charged: If an incorrect amount has been charged on your credit card, you can report it to your card issuer and ask for a chargeback.

How To Request a Chargeback?

If you are going to request a chargeback for a product that was not delivered or was delivered but damaged, you should first try to get the refund from the merchant. The first step should always be to apply for a return & refund for such an item on the merchant's website itself and proceed further to request a chargeback if you didn't get a cashback from the merchant. You can contact your credit card customer care to raise a dispute against an undelivered item that was paid, a fraudulent transaction, or an incorrect amount being charged, and ask for a chargeback. You can also raise a dispute by filling out an online application form through the official website of your card issuer. Another way to do the same is to visit your nearest branch and talk to the bank officials regarding your issue. Just make sure to contact your bank officials as soon as possible. Your issue might not be resolved if you report it to your card issuer after a long time.

Bottom Line

Now, you might have understood what a credit card chargeback is, and how it is different from a credit card refund. The option of the chargeback, provided by credit card issuers, is among one of the greatest features of a credit card as you can get a refund for an item, for which a return and refund option has not been provided by the merchant. Moreover, you can also avoid worrying about unauthorized/fraudulent transactions on your credit card as your card issuers take responsibility for any amount that has been spent by fraudsters on your credit card. But still, you must try to keep your credit card information safe as the bank might not provide you with a chargeback if you are responsible for an unauthorized transaction on your card.

If you have any further doubts regarding a credit card chargeback, make sure to ask us in the comment section below!

# data[].attributes.attachment_link.title
Credit Card Chargeback: Everything You Must Know - Card Insider

# data[].attributes.attachment_link.description
Have you ever paid for something that you didn't get? Or have you paid for a service that was never provided to you? If yes, you might be wanting your money back in such situations, but that isn't possible if you don't have valid proof for the same.

# data[].attributes.headline
Can you use credit cards without PIN Number

# data[].attributes.subject
Can you use credit cards without PIN Number

# data[].attributes.body
If you are searching for how to use Credit Card without a PIN?
Then just click on the link and get the full information.

# data[].attributes.attachment_link.readable_text
If you own a credit card and you believe that a credit card cannot be used without an OTP/ PIN, you are of the wrong notion. Technology is at its boom these days in every sector and so is the case with the banking sector as well. The new cards these days come with a WiFi-like symbol embossed on the card but have you ever actually wondered what this symbol means? The tech generation these days might be aware of its meaning but the people who are not aware of this - The symbol shows that your card is a contactless credit card, which means you can use your credit card without PIN number.

How Contactless Card Works?

These are the type of cards that need not be swiped or dipped into the POS machine for the payment. Rather these cards use an updated technology by which you just have to tap the card on the head of the POS Machine and the payment will automatically be deducted from your account.

These cards use the updated RFID Technology (Radio Frequency Identification Technology). This technology allows the credit cards to communicate with the card reader when the card is held near the reader on the POS machine during the transaction. These cards come with an EMV chip and all the other details that are present in the traditional credit card.

Also Read: All You Need To Know About Contactless Credit Cards

Can a credit card be used without a PIN -

Now after reading the information above, the answer to the question is very clear - Yes, credit cards can be used without a PIN. Contactless cards have become very common these days among the youngsters but it will take time for the elder generation to become comfortable with this kind of technology. Also, keeping in mind the COVID-19 situation, using a card without entering a PIN had an additional advantage in that you do not have to touch any surface before paying through this card. So, contactless payments were one of the best decisions made during this time.

Benefits Of Using A Card Without a PIN

Payments without a PIN usually take lesser time than the payments made by entering a PIN. When in a hurry, you can always use a contactless payment method.

This method of payment is still struggling to make its place in India, but it is widely used in many foreign countries. Hence, it will be beneficial for the people traveling abroad.

This method also allows you to stay away from infection as everybody uses the same machine and the same keypad for entering the PIN while making the payment which can be very dangerous in today's situation. Hence, if you want to pay through a credit card, always prefer paying through the contactless method.

Nowadays, a lot of scams are taking place, hence there are a lot of chances of credit card cloning while using it in a POS Machine. Hence. by using a credit card without a PIN, we can prevent our credit cards from getting cloned.

Is using a credit card without a PIN safe?

Many people think that using a credit card without a pin is a very unsafe option as in the case where your credit card might get lost or stolen, anybody can take advantage of your credit card, but that is not true. These cards come with such security that there is very less possibility of any fraudulent transaction taking place through this card. Banks always take the required steps to protect these cards. The banks provide you with the option to set the maximum limits of paying through these cards without entering a pin.

Also, The Reserve Bank of India has set the contactless payment limit of Rs. 5,000 per transaction while paying through contactless mode. If you try to complete any transaction which is more than Rs. 5,000 through a contactless mode, the payment would be declined. You will have to use a contact payment method and enter the credit card PIN to complete any transaction that is above Rs. 5,000.

There are various options present in net banking wherein you can set different amount limits on the types of transactions taking place through these cards. For example - a different limit while paying online, different while paying through POS, different while making international payments, etc. Therefore using credit cards without a PIN is quite safe till the time you are using them responsibly. But in the case where you come to know that your card has been stolen and is contactless payments enabled, you can always inform the customer care of the issuer card about the theft and then you would not be held responsible for any fraudulent transactions taking place through your card.

Bottom Line

Using credit cards without a PIN can be a great option. It enhances the speed of your payment and saves your time as well. This card can come in handy for elderly people who tend to forget things. You can set up a payment limit on their card when using it in a contactless manner and it will be absolutely comfortable for them to use a credit card without a PIN. You just need to ensure that you have taken all the safety precautions from your end by setting genuine limits while using a credit card without a pin. Also, in the coming times, these methods will get a great boost in the market as they prove to be safe, and aligned to the Covid-19 situation.

# data[].attributes.attachment_link.title
Can You Use Credit Card without PIN Number?

# data[].attributes.attachment_link.description
If you own a credit card and you believe that a credit card cannot be used without an OTP/ PIN, you are of the wrong notion. Technology is at its boom these days in every sector and so is the case with the banking sector as well.

# data[].attributes.headline
In this post, you will get information about What Do All the Symbols / Numbers On Your Credit Card Mean?

# data[].attributes.subject
In this post, you will get information about What Do All the Symbols / Numbers On Your Credit Card Mean?

# data[].attributes.body
Click on the link to know:  https://cardinsider.com/blog/anatomy-of-a-credit-card/

# data[].attributes.attachment_link.readable_text
Almost everyone is aware of credit cards today as it has become a basic need for most people. But for people who don't know what it is: a credit card, also known as Plastic Money, is a financial tool that allows you to make purchases for which you can pay later. As a credit cardholder, you borrow money from the card issuer to make your purchases and pay them back later. Before having a credit card or even after having one, it is essential to know each and every part/element of your card and its function. With an aim to make you aware of your credit card's parts, we have come up with this article explaining the anatomy of a credit card.

Front Side of a Credit Card

1. Card Issuer's Name

The first thing on the topmost corner (can be right or left both) on the front side of your credit card is the card issuer's name. It is the name of the bank at which you apply for credit card. In the image shown here, XYZ Bank is the card issuer.

2. Name of the Credit Card

As every bank issues various credit cards with different features, it is important to give them different names. So, every credit card issued by a bank is given a different name. The full name of a credit card consists of the card issuer's name + the particular card's name. In the above example, the name of the particular card is Ultimate & it is issued by XYZ Bank. So, its full name would be XYZ Bank Ultimate Credit Card.

3. Card Network

Credit Card Networks are the financial institutions that work behind the scenes to make all the credit card payments possible. Credit card networks decide where your credit card will be accepted and where not. They act as bridges between the card-issuing company and the shops where credit cards are accepted. Following are the 5 major Credit Card Networks in India:

In the image shown above, the card network is MasterCard. To know more about credit card networks, click here.

4. Credit Card Number

It is a unique 16-digit number (15-digit for American Express cards) that helps in the identification of a particular card issuer and the card network. Whenever you use your credit card to make transactions, the credit card number is asked in order to get the information about your card issuer, card network, and other details. The first 6 digits of a credit card number are known as the Bank Identification Number (BIN). It is also called the issuer identification number (IIN) as it provides information about the card issuer. In the above case, 4275 31 is the BIN.

5. Cardholder's Name

It is the name of the cardholder, i.e., whom the credit card belongs to.

6. EMV Chip

EMV, which stands for EuroPay, Mastercard, Visa, is a part of the modern way of payment. It is a chip embedded in the credit card and contains information about the credit cardholder. In this case, the chip below the name of the credit card is the EMV chip. Due to the EMV chip technology, credit cards have become a more secure mode of payment.

Every time you swipe your card for making a payment or you use it to withdraw cash, the swiping machine/ATM takes your account information through the chip, then you need to enter your PIN for verification and hence you make your transaction successfully.

7. Contactless Payment Technology

The symbol resembling the WiFi sign on your credit card is a chip that enables contactless payment on your credit card. It means you don't always need to swipe a card to make a transaction. The chip emits radio waves that make the transaction possible without physical contact. You just need to tap on your credit card and the transaction will be done, provided the card reader is also enabled for contactless payments.

Also Read: All You Need To Know About Contactless Credit Cards

8. Account Opening Date

The account opening date of a credit card is the date when the card is issued to you. It is written in MM/YY format. In the above example, the account opening date is 01/16, i.e, the card has been issued to the cardholder in January 2016.

9. Expiration Date

It is the date when your card expires and you need to get a new one issued. It is generally 3 years after the account opening date. Generally, the card issuers send you the new credit card by themselves, or otherwise, you can contact them to do so. The new credit card comes with a new CVV and a new expiration date. In some cases, the account number can also be different from the previous card. It is also given in MM/YY format. In the above example, the expiration date is given to be 01/19, i.e, the card will expire in January 2019.

Backside of a Credit Card

10. Magnetic Stripe

A magnetic stripe, also referred to as magstripe, is a stripe made up of tiny magnetic particles at the back of a credit card. This stripe stores all the information about your account, including your name, credit card number, and other important details. When you swipe your credit card to make a transaction, this magnetic stripe helps the merchant's swiping machine to identify your account.

11. CVV

CVV (Card Verification Value) is a 3-digit number (4-digit for AmEx cards) at the back of your credit card which is aimed at adding an extra layer of security to your online transactions. The CVV is unique for each and every card and should be kept very personal. It is asked whenever you make an online transaction in order to verify that you have the physical credit card with you.

12. Signature Box

A Signature Box is another element at the backside of a credit card. It needs to be signed by the cardholder so that whenever they make a transaction, the merchant can match the signature with any of their ID cards in order to make sure that the card belongs to them. But, the importance of the signature box has become really less as no merchant checks the signature box and asks you to show them an ID card. So, it is not really important to sign on the signature box of your credit card, but you can do it if you feel so.

13. Hologram

The hologram on a credit card acts as its fraud prevention tool. It is made up of several layers of different images aligned at different angles, making it almost impossible to be copied physically. The hologram is unique for each and every card due to the layers of hidden images in it and is added so that the card can not be duplicated.

14. Customer Helpline Number

The customer helpline number on the backside of your credit card is a general number that you can contact for credit card-related queries. You can also call this number if you want other customer services helpline numbers, like for concierge services and many more.

Bottom Line

Knowing all these credit card elements and their functions is the first thing you should do when applying for a credit card. We hope that we have been able to make you understand the anatomy of a credit card. If you still have doubts, make sure to write them in the comment section below and we will be more than happy to help you.

# data[].attributes.attachment_link.title
Anatomy of a Credit Card: What Do The Symbols/Numbers Mean

# data[].attributes.attachment_link.description
Almost everyone is aware of credit cards today as it has become a basic need for most people. But for people who don't know what it is: a credit card, also known as Plastic Money, is a financial tool that allows you to make purchases for which you can pay later.