credit cards Information

If you’re considering applying for a credit card, it’s important to ensure you know how they work. In this guide, we answer some of the most commonly asked questions…. Q1: How do I choose a credit card?There are many different types of credit cards available so it can be hard to know where to start when deciding which one is right for you. One of the easiest ways to look at it is to consider exactly what you need a credit card for.Click here on this link to know more:- https://vocal.media/trader/credit-card-fa-qs-get-answers-to-all-your-questionsHow much can I borrow?The amount you can borrow with a credit card will depend on your credit limit, but this is often a few hundred or a few thousand pounds.Your card provider will decide this based on factors such as your credit score (more on this later), how much available income you have after meeting your regular financial commitments, and whether you have other types of credit, such as a mortgage, loan, or overdraft.For more information about credit cards question click on this link.Q How long does it take to get a credit card?Many credit card providers now offer instant approval for credit cards when you apply online. Others take around five to 10 days to make their decision.Once you’ve been approved for a credit card, it should arrive within 10 working days. You will usually need to activate the card once you have received it by calling an automated number. As soon as you have done that and received your PIN, you can start using your new credit card.Q I change my mind after I’ve applied?Yes. Once you receive your card you have 14 days (known as the cooling-off period) to inform the provider that you’ve changed your mind and want to cancel the agreement. If you have already used the card, you’ll need to repay the outstanding balance within 30 days.Q Can I pay off my credit card debt early?Yes. Unlike with personal loans, there are no penalties if you want to clear your balance early.Note that if you have a 0% introductory offer with your credit card, it’s important to pay off the balance in full before the 0% deal ends and interest is charged.Q Can I get a joint credit card?In a word, no – but you can add additional cardholders who will then have their own card. You’ll share the single credit limit on the account, but the primary cardholder will be responsible for clearing the debt.Q Can I use my credit card abroad?Yes, you can, but it may be expensive as many credit cards charge a foreign transaction fee of around 3% every time you spend. You’ll also be charged for cash withdrawals on top, with interest charged from the moment you get your money.

Ready to learn the best ways to pay off your credit card debt? It’s easy to feel stuck when you’re struggling to make minimum payments and frustrated with how far your financial goals seem to be.However, no matter how bad you think your situation is, there’s a way out that will work for you. Here are 10 practical ways you can quickly tackle your maxed-out cards and take your first real steps towards getting out of debt.Click here on this link to know more:- https://cardinsider.blogspot.com/2021/09/tips-on-how-to-use-credit-card-smartly.html1. Set a GoalStart by Setting a Goal You Can AchieveIt’s important to set realistic goals for yourself, especially when they’re about paying off high-interest credit cards or other types of consumer debt (overdrafts, lines of credit, vehicle loans, etc.).afts, lines of credit, vehicle loans, etc.).2. Put Your Credit Cards on IceYes, We Mean That LiterallyThis might be hard to hear, but getting out of debt means taking your credit cards out of your wallet so you’re not tempted to use them. Credit Cards, Loans, Mortgages, etc.3. Prioritize Your DebtsMake a complete list of all your debts (outstanding balances, interest rates, and charges) and list them in order of importance. Mortgage and vehicle payments are at the top of most lists because they provide your shelter and transportation for getting to and from your job.4. Trim Your ExpensesFree Up Some Cash to Pay Debt FasterSpeed up your debt repayment and get out of debt fast by reviewing your monthly expenses and looking for ways to cut your costs.Click here to know about Tips For Paying Off Credit Card Debt.

A credit card has become an indispensable part of our lives, with its ease of use and convenient pay-back options. The discount offers and deals that a credit card offers are unmatched by any other financial product and spell a bonanza for the wise user. However, credit cards can become debt traps if not used correctly, or if you spend more than you can repay when the bill comes around. Click on this link to know more:- https://canvas.instructure.com/eportfolios/814017/entries/2412406If you’re new to the world of credit, here’s a list of the advantages and disadvantages associated with your little plastic card. Benefits of Credit Cards:1. Easy access to credit:The biggest advantage of a credit card is its easy access to credit. Credit cards function on a deferred payment basis, which means you get to use your card now and pay for your purchases later. The money used does not go out of your account, thus not denting your bank balance every time you swipe.2. Building a line of creditCredit cards offer you the chance to build up a line of credit. This is very important as it allows banks to view an active credit history, based on your card repayments and card usage. Banks and financial institutions often look to credit card usage as a way to gauge a potential loan applicant’s creditworthiness, making your credit card important for future loans or rental applications.3. EMI facilityIf you plan on making a large purchase and don’t want to sink your savings into it, you can choose to put it on your credit card as a way to defer payment. In addition to this, you can also choose to pay off your purchase in equated monthly installments, ensuring you aren’t paying a lump sum for it and denting your bank balance. Paying through EMI is cheaper than taking out a personal loan to pay for a purchase, such as a television or an expensive refrigerator.

Credit card processing is a complicated thing. And it’s just one of the dozens of complicated things that small business owners have to figure out. This means it’s too often put on the back burner or ignored entirely.While we can’t really blame you for not prioritizing processing, there are some things that business owners should be paying attention to. Remember, processing costs are inevitable, but rates vary and it’s possible to reduce the total amount that you’re paying in processing costs each year.In this post, we’ll go over some of the basics of credit card processing and look at ways that businesses can save some money and help out their bottom lines.Click on this link to know more about credit cards:- https://theblogulator.com/how-credit-card-can-improve-your-travel-experience/What Is Credit Card Processing?Credit card processing is also commonly referred to as merchant services. This provides businesses with the ability to accept credit and debit card payments. Such payments might be swiped on a traditional credit card machine, dipped into an EMV portal, keyed into a physical machine or eCommerce payment portal, or tapped on a contactless credit card reader.Credit card processors facilitate communication between all parties involved in this process. They also ensure adequate security for the transaction.Businesses must pay a fee for this service. Processing fees are assessed with each transaction and deducted from the payments received by the merchant.What Parties Are Involved in Credit Card Processing?Customer: Without the customer, no purchase is made.Merchant: With the merchant, the customer has nowhere to make a purchase.Processor: The credit card processor is responsible for setting the merchant up with PCI compliance and making sure that all communication of every transaction is seamless.Card networks: Also known as card associations, these organizations are responsible for setting and assessing the interchange rates. The card networks are familiar names: VISA, American Express, etc.POS system: The POS system provides the merchant with credit card terminals and point of payment hardware to allow businesses to make a physical transaction.Issuing bank: The customer’s bank determines if any transaction is legitimate or not.Acquiring bank: The merchant’s bank accepts the final payments after everything has been batched.

Online bill paying allows you to view, schedule, and pay your bills right from your computer or phone. Learn more about what online bill pay is, how it works, and its pros and cons.Click on this Link:- https://www.articleted.com/print/465576What is online bill pay?Financial institutions and bill-pay services partner to offer this service to allow you to pay your bills without writing checks. Most online bill pay options are linked to a checking account and offer three payment types:Immediate one-time payments Future one-time payments Recurring payments Many financial institutions offer online bill pay as a part of their online services. However, some may charge an additional fee to use the service.For more information click here BenefitsOne advantage of online bill pay is that it automates your payments. Bills that are the same amount each month, like your mortgage, rent, or car payment, can be scheduled as a recurring payment. Scheduling payments in advance can help you avoid late or missed payments, even for bill amounts that vary from month to month.  In addition, online bill pay can help you consolidate your payments into one place. You can log in to your online banking portal and pay all of your bills instead of having to visit separate websites for each of them.

If you own a Cashback Credit Card, then you will be eligible to earn cash rewards, every time you swipe your card, to purchase anything. Read further, to know what Credit Card cashback is, and how it works.Click on this link to know more about credit cards:- https://www.silvestar.codes/portfolio/creditcardinsider/One of the greatest benefits of using a credit card is that you get to avail yourself of offers across categories like travel, shopping, fuel, dining, entertainment, and more. You, get the flexibility to earn cash every time you shop for anything. Sounds profitable, right? Cashback on a Credit Card is the latest offer, which is gaining popularity on e-Commerce portals, digital wallets, and food delivery apps.What is a Cashback Credit Card?Typically, a cashback credit card gives you the opportunity to earn a certain amount from the amount you spend on shopping or purchasing anything. It can be either in the form of reward points or cash, that gets credited to your account. A majority of Credit Cards provide cashback offers on expenditures related to lifestyle, electronics, online bill pay, groceries, online food delivery, entertainment, etc.For instance, if you are using an ICICI Bank Credit Card, you get to save on money through cashback offers on well-known and trusted brands like Samsung, LG, Wakefit, Blue Star, and many more.

Considering the consumer demands, the State Bank of India offers its customer a long range of Credit Cards to choose from. Below are the long-range of credit cards provided by the State Bank of India for each and every need and demand of its customers.Click on this link to know more about credit cards:- https://jpst.it/2LWLdHow to apply for a State Bank of India Credit cardsyou can easily apply for State Bank Of India Credit Cards through Dial bank. You just have to follow the simple steps listed below. First, visit the Dial a bank website.Fill out the application form.Fill in all the necessary details like residential address, contact no., monthly income, etc.Find your preferred State Bank Of India Credit Card. Check if you are eligible or not. If you are eligible then you can complete your online application process.Features and Benefits of Top SBI Bank Credit CardsPriority Pass membership is complimentary and gives you access to over 700 airport lounges.In India, you will get a 15% discount at high-end restaurants.On annual spending of up to Rs.6 lakh, you can earn up to 7,500 reward points.Per calendar year, you are entitled to eight free visits to a domestic lounge. Both overseas purchases are subject to a 2% foreign currency markup tax.Accidental mortality in the air, emergency hospitalization, and credit responsibility are all included for free.

A Credit Card has become a necessity for most of us now. The reason why a lot of us have started getting these cards is not because of our needs, but because of the various benefits, offers, and rewards offered by these cards. In the long run, you are not only saving money, but you are also getting more and more discounts on very common items. Whether it’s buying a plane ticket or a movie show ticket, Credit Cards can actually help save a lot of your hard-earned money.Click on this link to know more about the top best 5 Sbi Credit cards.SBI is one of the most trusted banks when it comes to Credit Cards and hence, many people tend to choose an SBI Credit Card, depending on their need.Here is Five Best SBI Credit Cards Available in India:1. SimplySAVE Credit Card2. Yatra SBI Credit Card3. SBI Card ELITE4. SBI Card Prime5. Air India Signature SBI Card

A credit score is a three-digit number that reflects your creditworthiness and financial behavior and is based on your credit report, which can be compared to your financial report card. do you remember those childhood days when you anxiously awaited your scorecard at the end of each academic year? two digits (unless you scored 100%) summed up your educational performance for one full year! now that school is over, there are no more mark sheets to bother about for most of us. however, there is another scorecard that impacts your life in several ways, without you even realizing it. The credit score is an oft-repeated term you must have heard innumerable times. but what really does a credit score mean is not something everybody understands. Click on this link to get to know more about credit cards:- https://www.easyfie.com/read-blog/214677_how-to-pick-the-best-visa-or-mastercard.htmlunderstanding your credit score simply put, your credit score is a three-digit number that reflects your creditworthiness and financial behavior and is based on your credit report, which can be compared to your financial report card. in India, a person’s credit score ranges between 300 and 900, and an individual with a higher credit score is considered to be more creditworthy and financially responsible. Click here to get to know more.

Issued by ICICI Bank in association with Amazon Pay India Pvt Ltd. and Visa, Amazon Pay ICICI Bank Credit card is a lifetime free credit card. Yes, it means there are no joining fees or renewal fees! It provides earnings for every purchase, both on and off the Amazon website. You would be getting rewards in the form of Amazon Pay balance under the Gift and Credits section on the Amazon website. Earn 5% cash back on purchases made through the Amazon website (for Amazon Prime cardholders). Earn 2% back on 100+ Amazon Pay partner merchants. Non-prime cardholders earn 3% back on purchases made through the Amazon website. No joining fees or annual fees. No limits on earnings. No expiry date to your rewards and cashback.Click on this link:- https://entrepreneursbreak.com/5-reasons-why-consumers-like-the-amazon-pay-icici-credit-card.html What is special about Amazon Pay ICICI Bank credit card?Amazon Pay ICICI Bank Credit Card is issued by ICICI Bank in association with Amazon and Visa. This is a lifetime free credit card with no joining and renewal fees. This is a major benefit in itself. Not only this, purchases made by Amazon Pay ICICI Bank Credit Card lets you earn back—both on and off Amazon. in—in the form of Amazon Pay Balance, which can be redeemed across 16 crores + products on the Amazon website and across 100+ Amazon Pay partner merchants. Amazon Pay ICICI Credit Cards.Amazon Pay ICICI Bank Credit Card HighlightsEarn 5% back in the form of Amazon Pay balance on Amazon. in for Amazon Prime customersEarn 3% back in the form of Amazon Pay balance on Amazon. in for non-prime customersEarn 2% back in the form of Amazon Pay balance on 100+ Amazon Pay partner merchants by using this card on Amazon Pay Earn 1% back in the form of Amazon Pay balance on other payments

Medium duration Funds are the conservative type of investment instruments, this type of mutual fund is the debt funds investment option offering the duration of three to four years. When compared with other debt funds, liquid funds, overnight funds, etc., these funds offer higher returns ranging from 7 to 9%. These funds invest in money markets and debt securities for a duration of 3 or 4 years to offer fruitful returns and the end of the tenure.Click on this link to know more:- https://cardinsider.livejournal.com/890.htmlWhen it comes to investment options, there are many ways to invest your money. Based on financial status, risk-bearing capacity, holding period, etc. an investor will choose the investment instruments. Medium Duration Mutual funds when compared with the holding period works as the same as Fixed deposit schemes but offer higher returns than FD.What are the factors to be considered to invest in Medium Duration Funds?Risks:These funds come with 3 types of risks credit risk, interest rate risk, liquidity risk. So before investing into these debt funds, consult the fund manager and consider the objectives that you can handle then go for it.Expense ratio:It is the fee that is charged by the investment companies, whenever you go for investing your money look for a low expense ratio, lower the expense ratio higher will be your gains.Taxation:If the holding period is less than 36 months, then the short-term capital gain tax is applied. If more than 36 months long term capital tax gain applied say 20%. The dividends received are tax-free (Terms apply).What are the advantages of Medium duration Funds?Comparatively less volatile than equity funds Stable investment option Lower risks More chances to gain stable returns. Offers liquidity (Terms Apply) Click here to know more about credit cards.

Floater Funds offers different types of returns based on market performances and benchmark indices. These funds comprise debt securities, and they consist of the liability of issuing entities and they invest in corporate bonds, treasury bills, Certificate Deposits, and other debt tools. These funds return completely depending on the market rates if the interest rate rises the floater fund returns also increase and in counter any downfall in the interest rates then it will affect the returns like there will be the risk of lower returns. Click on this link to know more:- https://jpst.it/2KWPeWhat are the Features of Floater Funds?Portfolio:The debt floater mutual funds investment portfolio invests in both private and government companies about 65% of the corpus.Risks:When we talk about risks these funds have limited risks, though it is linked to the market performances as they invest their corpus in debt securities that mitigate the risks substantially.Tenure:Short term plan is for 1 year and these types of funds are invested in government securities, for example, treasury bills, certificates of deposits. Long-term tenure plans are for more than 1 year and these are invested in corporate bonds, government bonds, etc.Taxation:Two types of tax are applicable if the holding period is less than 3 years then it is the short-term capital gain tax and if the holding period is more than 3 years then the long-term capital gain tax is applicable. What are the advantages of Floater Debt Funds?They offer higher returns.Lower risks Open-ended scheme Comfortable Holding period Click here to get more info. about the credit cards.

Having a credit card is of great benefit, however, you might just want to close one due to multiple reasons such as unnecessary spending, a spike in bills, or not using the same. so if you are an SBI credit cardholder and planning to close the same, you can do it through online and offline ways that are mentioned below: ways to close SBI credit cards online:-you can close your SBI credit card online by sending an email to the official email ID of SBI through your net banking account.Click on this link to get to know more:- https://visual.ly/community/Infographics/business/top-5-hdfc-bank-credit-cardsways to close SBI credit cards offline:- call the customer care number for cancellation write a cancellation request to SBI visit the nearest SBI branch factors you must consider before you close your SBI credit cardpay your dues to redeem your reward points don’t use the credit card after cancellation request check the latest statement for fraudClick on this link to know about the credit cards

Sometimes days move at a breathtaking speed. Before you know it, the day’s done. The days when you do nothing are important. They reboot your mind. But unlike people, money shouldn’t sit idle. It needs to keep working. But how do you make your money more productive? Why can’t it just do nothing?Click here to get information about credit cards.Idle money loses value because it cannot keep up with inflation. And like every LinkedIn post will tell you, compound your savings, it will amount to more. At CRED, we realized that some of our members have, on average, INR 2 lakh sitting in their savings account. So, we wanted to create a product for our members where they can invest this money for inflation-beating interest, managed in a transparent and trustworthy manner, and withdrawable as easily as they invested it. Click on this link:- https://jpst.it/2KFBbWe realized that the ideal product to manage idle savings needs to consider the following:Maximize returns while minimizing risks. Provide an instant, frictionless experience for investors. Offer liquidity in case of emergencies. 

If you are a major foodie who enjoys going on several gastronomic adventures, then you must consider getting a credit card supporting this passion for culinary delights. from upfront discounts to attractive cashback offers, dining credit cards can make eating out (or even ordering in) even more exciting.Click on this link to know more about the best credit cards in India for dining.So before stepping into the next eatery on your bucket list, here are some stellar credit cards you must have in your wallet.1. HDFC Bank Regalia credit card,2. SBI Card Prime,3. Kotak Delight Platinum credit card,4. American Express Platinum Travel credit card,5. Citi Cashback credit card,6. Kotak Feast Gold credit card,7. Standard Chartered Ultimate credit card,8. Axis Bank My Zone credit card,9. HDFC Bank Diners Club Privilege credit card,10. ICICI Bank Rubyx credit card.

The ICICI Bank Emerald Credit Card is the premium category credit card. This credit card is a great opportunity for frequent travelers. this credit card offers great benefits on travel, lounge accesses, free golf lessons, etc. The cardholder should have a monthly salary minimum of 3 lakhs, so he/she should have a minimum salary of Rs 3 lakhs per month or should file an ITR of 3 lakhs per year (every year). Click here to get more information.ICICI Bank Emerald Credit Card Benefits and Features:Annual Fee Rs 12,000 gets waived off on spending Rs 15 lakhs annually. Get 1 payback point on every Rs 100 spent on retail, utility bill payments and insurance premium payments. Get insurance coverage up to 3 crores, such as air accidents. Also get insurance coverage on lost baggage’s, loss of travel documents, etc. Get unlimited Wi-Fi access globally at every airport and in flights with the American Express variant of the ICICI Emerald Credit card Get the dining vouchers worth Rs 7,500 at the Trident hotels. Click here to this link to get more about credit cards:- https://cardinsider.tumblr.com/post/674244556992233472/the-credit-cards-for-free-domestic-airport-lounge

Recurring Deposit (RD) is one of the popular investment plans in India which offers flexibility in investment, tenure, and many other benefits. In RD accounts the depositor must deposit money at regular intervals, this account can be either opened at banks or post offices, as it is maintained by the government organizations it offers good security for the depositor.Click here to get more information about credit cards.Key PointsThe mode of investment is monthly. Only banks and post offices offer this scheme The tenure range varies from 6 months to 10 years The minimum amount of investment in the RD account starts from Rs 100 All Indian residents can invest in RD Schemes NRI's can also open RD via NRE accounts only in banks but not in Post-office. When the individual does not have a lump sum amount for investment, then Recurring Deposit is a great option.Click on this link to get more updates:- https://pin.it/5rAiLiUWhere to open recurring deposit accounts?Banks or Post office The minimum amount of investment is Rs 100 in banks and Rs 10 in the post office Tenure minimum 6 months or Maximum 10 yearsWhat are the documents required for the RD account?PAN/Aadhaar cards Residential Proof Identity proof

Arbitrage Mutual Funds are a hybrid fund that is equity-oriented, it is the scheme that offers grip over the markets. These schemes have pricing variations, the fund manager purchases the stocks at this variational pricing over two exchanges and earns profits over the selling price and buying price, respectively. Unlike the other funds where the fund manager sells the funds when the market is offering better pricing, in this scheme, the fund manager sells the funds only when there is scope e of earning definite returns. And when it comes to inquiring about risks, the risk factor is like that of the debt funds. But the arbitrage fund is the best way of investment who wishes to invest in an equity fund or equity-related instruments but do not want any risks, for that kind of people these hybrid funds are a better opportunity to park their money to earn higher returns than the other debt funds.Click here to get information about credit cardsList of India's Top Arbitrage Funds: Mahindra Dhan Sanchay Yojana provides approximately 8.15% of returns. Nippon India Arbitrage Fund offers 6.29% for 3 years. Edelweiss Arbitrage Fund offers 6.22% returns for 3 years. BNP Paribas Arbitrage Fund offers 6.22% returns for 3 years. L&T Arbitrage Opportunities Fund gives about 6.08% returns for 3 years tenure. Factors effecting the Arbitrage Mutual Funds:Risks:In these schemes there is no guarantee of returns, though there is no equity exposure risk, the returns are low but if an investor holds for a period of 5 to 8 years then an investor could expect 8% returns. Click on this link to get more info:- https://www.behance.net/gallery/135528733/Best-Travel-Credit-Cards-In-India

Balanced funds are hybrid funds that invest in both equity and debt instruments. As this investment scheme offers the diversified option of parking their money it offers higher and balanced returns. Though it is a diversified mutual fund to parks its major portfolio that is about 40 to 60% of its portfolio in the equity instruments, hence it is known as an equity-oriented fund with lower risks and better returns. An investor should remember that the prices of the equity funds depend on the NAV or the Net Asset Value of the fund. Click here to get the information about credit cardsBenefits of Balanced Funds: Tax Benefits Fewer Risks Option of diversification of investment portfolio Security Good returnsconclusion:There are different types of hybrid funds, but balanced hybrid funds are unique in offering tax benefits, security, lesser risks with a medium capital approach and the option of fund diversification makes it special among the other investment funds. Click on this link to get more updates about credit cards:- https://www.behance.net/gallery/135878789/Rupay-Select-Credit-Cards-Vs-Rupay-Platinum

Monetary Policy is the policy provided by the RBI and during the monetary policy committee meeting, RBI exposed that they left the repo rate unchanged at 4% since August 2020 and the committee maintains the accommodative stance. Apart from that the also the reverse repo rate remains unchanged at 3.35%. Click here to know about credit cards.RBI Monetary Policy Highlights: Repo Rate - It is the rate where the bank borrows money from RBI. Reverse Repo Rate- It is the rate where RBI borrows money from banks. Marginal Standing Facility- It is the rate bank borrows funds from RBI, during the inter-bank liquidity interest rates, are volatile. Bank Rate - It is the rate where RBI lends money without any security to commercial banks. MPC Inflation - Rise in the vegetable price, fuel process, when it comes to the inflation RBI expects for January to March at 5.2%, from 2021 April to September 5.2 -5%, and for the remaining quarter of the next financial year 4.3%. Growth- As per MPC the sales, services, infrastructure, and other units are reviving also the COVID vaccination drive has also shown positive growth. Be it transportation, importing. exporting and other according to the economic survey the growth is in line. Online access to the Retail investors - RBI offers online access to the government security markets directly from the Reserve bank that is Retail Direct. 24x7 Help Line - RBI has created a 24/7 helpline for the customers to inquire about their queries, etc. Click on this link for more info:-https://www.reddit.com/user/cardinsider/comments/rr1odi/rupay_select_credit_cards_vs_rupay_platinum/