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Own a credit card that earns reward points? BEWARE!

Points to watch out for when you swipe a credit card to earn reward points. Open a wallet and you will see a slew of multi coloured credit cards peeping out from slots. Each one looking eager to be...

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Here’s how you can outsmart credit card thieves

These thieves use skimming machines to copy credit card data of cardholders, use spy cameras inside ATM centres to pick up PIN number of card users and transfer money across bank accounts in India. In...

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Credit card dues grow mere 2.1 pct y-o-y in September, says RBI

Banks have seen the growth in outstanding loans on credit cards steadily decline over the last six months. According to Reserve Bank of India’s (RBI) data, credit card dues grew just 2.1% to Rs 23,500...

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If the credit charge was $9.84, take a closer look

the United Kingdom and India are known for purchasing stolen credit card numbers on the black market and making fraudulent $9.84 charges. What makes the Cyprian, British and Indian scammers distinctive...

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If the credit charge was $9.84, take a closer look

the United Kingdom and India are known for purchasing stolen credit card numbers on the black market and making fraudulent $9.84 charges. What makes the Cyprian, British and Indian scammers distinctive...

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Make credit card interest payment easier: RBI to banks

You might get more time to repay your credit card dues without having to pay any interest or pesky fees. The Reserve Bank of India has asked banks to make credit card charges ‘reasonable’ and directed...

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4 mistakes your credit card company wants you to make

Do you often miss payments? Do you exceed your credit limit? You are just the kind of customer credit card companies are looking out for! There are around 350 million debit cards in circulation in...

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Virtual Credit Cards – Instant Utility!

Online shopping has become quite a rage in the country as it gives people access to top brands and innumerable products, from both India and abroad. One is now free to buy virtually anything from...

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How to make your credit card your savings card

A recent report by CII-Boston Consulting Group states that the overall consumer spending in India is likely to grow nearly four times, from $977 billion (approx. Rs 59.2 lakh crore) in 2012 to a...

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How to make your credit card your savings card

By Rahul Soota A recent report by CII-Boston Consulting Group states that the overall consumer spending in India is likely to grow nearly four times, from $977 billion (approx. Rs 59.2 lakh crore) in...

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Uber now lets you pay using debit card or net banking via Paytm Wallet in India

Uber entered India last year and is currently one of the popular cab service in India. Uber accepts only credit cards, which was one of the main concerns among the users in India who don’t have credit...

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India’s credit card rules just took the ease out of Uber

For the Indian commuter, Uber has been the coolest ride on the block. The cab-booking service’s convenient, cashless payment system made it a hot favorite in India—it brought freedom from hailing a...

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ICICI NFC Based Credit & Debit Cards Coming Next Month; But Need PIN For...

ICICI Bank will be the first bank in India to launch the NFC (Near Field Communication) based credit and debit cards in Indian markets. The NFC technology will make it super easy and fast to make...

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Fraudsters issuing fake credit cards to dupe people; RBI issues notice

KOLKATA: Fraud using credit cards or debit cards — one of the most prevalent ways to dupe public — has taken a new form. Fraudsters are now issuing credit cards in the name of institutions like Reserve...

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RBI cautions against credit card frauds in its name

The Reserve Bank of India, the country’s central bank, has cautioned customers against fraudsters issuing credit card in the banking regulator’s name and duping people. The banking regulator said the...

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E-commerce gives a boost to credit cards in India

CHENNAI: With the resurgence in online shopping, use of credit cards to complete transactions is fuelling a surge in usage. Data from RBI states sequential growth in credit card spends in the country...

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You too can be a victim of credit card fraud; these tips can help

Credit card fraud can be averted, provided you are alert with the amount you last shopped for. Image: Credit card usage has increased multi-fold in India. Photograph: Reuters In the last week of...

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