Credit Card

Credit cards have undoubtedly emerged as a necessity of modern lifestyle. As plastic money, it is used as a way of payment and proves useful whenever you require fast cash which is not even in your bank account. It eases our life and has made shopping experience simpler as now there is no need to carry cash at all the places. Today credit cards offer not only shopping convenience but also grant privileges like reward points, discount coupons, free insurance, global acceptance, cash back, etc.

In order to analyze credit cards, we have given experts’ ratings to differentiate top-notch cards from others. Our search box will facilitate you in choosing the best credit card, according to various parameters, such as, age, city, income and occupation. Once selected, you can directly apply for the card which matches with your needs. Our dozens of user-reviews will also prove useful in determining the services of respective credit card companies.

You can find a plethora of credit card choices availablein the market, which would simply clutter the process of selecting a card. When deciding on a credit card, always remember to select the card that suits you best and fits well into your divergent requirements. Different companies are regularly coming up with tailor-made credit card offers and all that you are required to do is to find authentic information on charges and advantages of cards. Our comparison page, guides, tips, self-help articles, etc. will make the entire job easy for you. Here, you can not only compare varied card offers but also look at FAQs to get answers of your queries. Do not rush and carefully look around to compare different aspects like annual fees, initial membership fee, grace period, credit limit and other such services. Sometimes, credit cards can tempt you into overspending, therefore, it is necessary to manage it properly, only then will it turn out to be the best money lender.

EMI is a fixed payment made by a borrower to the lender every month to payoff both interest and principal. A person generally has limited monthly income month and there are various expenses to be met with that limited source of income. The banks or the lenders therefore break up the loan repayment in installments where the principal and the interest rate of the loan are amortized over the period of the loan term. This is repayment schedule is known as EMI. The value of the EMI depends upon the loan amount, interest rate charged for the loan and the loan duration. This calculator allows you to calculate the EMI (Equated monthly installments) for a given loan amount, interest rate and loan tenure. You can use this calculator to check the EMIs for different periods to decide which would be most suitable for you. You can also see how the change in interest rate affects the EMI and help you find out the effect of change in loan amount on the EMI. Your loan EMI will be higher in case you decide to pay your loan within a short-period compared to a long-period. Similarly, EMI will be higher for a higher loan amount and higher for a higher interest rate.

It can be used for any type of loans including home loan, personal loan, car loan etc. This calculator doesn't tell you if you will qualify for the loan.

Every time you have a query related to your life insurance policy, do you rush to your agent’s office or call up at the insurance company’s customer care number to resolve your problem? If the analysis done by life insurers on customer behavior has anything to go by, chances are high that you also do the same. Various leading insurance companies have found out that only small percentage of their customers access the online policy servicing options, while, the remaining still prefer exercising traditional methods, such as calling up the insurance agent or visiting the company’s branch to sought out their problems. There are varied reasons for the poor online participation by clients. While, there are some people who find the entire process of generating the login ID and password daunting, others still pat for conventional methods. Whatever could be the reason, the reality is that a customer can ensure an easy access to his polic...

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Best ways to buy a new Rs.25000, Rs.50000, Rs. 1Lakh, 2Lakh, 5Lakh consumer goods (or any consumable) - break FDs, get EMIs, get company advance, pay on your credit card, get a personal loan, - evaluate each option and rates. In our life tenure, sometime we come across a situation where we are in urgent need of some money but don’t have the resources for that kind of amount at that time. What should we do then? In current situation where there is a lot of competition among various lending institutes, the customers are spoilt for choices. But, as a borrower you should be careful to choose an option which costs you the least. 1.     Rs.25000 - 50000 Requirement (Refrigerator, Air Conditioner, Washing machine, mobiles, laptops etc.) Often we have a requirement for some urgent cash of around 25k to 50k for buying consumer goods like Refrigerator, Air Conditioner, Washing machine etc and cannot come up with the amount need... Read complete

Let's take a quick look at the advantages and disadvantages of credit cards.

ADVANTAGES
The major benefit of a credit card is that the individual using it does not require ready cash to make payments for various purchases. Several other important benefits are listed out in details below. No immediate cash

No immediate cash is required for several expenses when a person has a credit card. This will ensure that the person does not have to carry the money with him/her at the time of making the expense. The no immediate cash option helps settle the amount of the credit card bill by the consumers at their convenience using the various options given for payment. Read complete

We know banks give reward points on the basis of transactions you make on your credit card. So, how useful are these reward points anyway? Let's take a simple example. Say over a period of one year, you spend Rs 3,00,000 on your HDFC credit card. The reward points you would earn are:

• 2000 on a silver card
• 4000 on a gold card
• 5200 on a platinum card

Now, what exactly are these points worth?

• If you have a silver card, you could get a Gillette gift pack and a ladies leather wallet.
• For a gold card, if you spend an extra 6,500 rupees, you can redeem your reward points for a steel dinner set.
• For a platinum card, you can get a Cross 18 carat rolled gold ballpen. There are some points that have to be kept in mind when dealing with reward points and their redemption because the individual can get several benefits out of the situation.

There are some points that have to be kept in mind when dealing with reward points and their redemption because the individual can get several benefits out of the situation. Read complete

To my surprise when I started using this card many of the services were paid, which while taking this card i thought i will get free. Plz be clear in your communication what is paid and what is unpaid..its sometimes embarrassing.... Read complete review

There are times when a sudden development leaves you in a state of shock, and also without many options. Under such situations it is essential that you know the precise steps required in safeguarding your position; one such situation is when a credit card is issued to you when you have not applied for it. There are some immediate steps that need to be taken in order to return the card and protect your position. Intimation The entire process begins when you are intimated about the details of a credit card issued to you. There are different ways to know that a credit card is issued to you. One could be a simple intimation from the bank saying that you have not used your card since quite some time. There could be a message on your mobile or on your email address. The worst way to know about this is in the form of a bill that is sent for the charges on the card or for the usage of the card. This can cause a serious issue because it would mean having to make a payment even when there is n...Read complete blog

Reserve Bank of India (RBI) may allow money withdrawals with the help of prepaid cards from the point of sale (PoS) terminals soon, making PoS more efficient. These prepaid cards will be open loop cards issued by banks. The other two types of prepaid cards are semi-closed loop cards that are issued by non-banking finance companies (NBFCs) and close loop cards that are given out by firms in the form of gift vouchers. Last year, both these cards were put under the Payments and Settlement Act by the RBI. “RBI is considering to allow open loop cards to withdraw money from a PoS terminal. RBI is working on issues, like the amount a PoS owner should charge. The decision may come soon,” said a senior executive of a public sector bank. A PoS terminal has limited use; it is mainly used for payment for sale and purchase transaction. Read complete

The video shows CEO MD of Rupeetalk.com Mr. Satkam Divya addressing the issue of a common man with regards to credit card. The scenario is such that a person's credit card has been used to purchase an e-ticket worth Rs. 54000 without his knowledge. He wants to know how he can find out who has used the card and should he make the payment for that amount. To this Mr. Satkam advises him to wait till the bank does the research of who actually used his card to purchase ticket and then decide whether to make the payment or not.