Credit Cards

RBL Bank aims to grow in credit cards, launches offering with Indian Oil

Private sector lender RBL Bank is aiming to grow its credit card portfolio "moderately" and focus on other aspects like cross-selling to customers, a senior official has said. If the industry grows at 20-25 per cent, the lender would like to increase its credit card outstanding by up to 15 per cent, its business head for credit cards Bikram Yadav said. "We would grow moderately in this segment, and we'll focus on internal unit economics and customer engagements and deeper cross-sell with them," Yadav added. Yadav, who was speaking after the launch of a dedicated offering in association with the largest oil marketing company Indian Oil Corporation, christened 'Xtra Credit Card', added that the other factors are more important than growth for the bank and its focus is on "reasonable" returns on the capital it deploys. It can be noted that the credit card segment has been under the spotlight because of the RBI's discomfort around the riskier unsecured segment growing fast. "The RBI i

How to Improve Your Credit Score Using Credit Cards

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SBI Card loses credit card market share in July; InCred retains 'Reduce'

InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.

Co-branded credit cards pip traditional cards:List of the most sought after

Co-branded credit cards (CBCCs) are rapidly outpacing traditional credit cards, driven by India's booming economy and shifting consumerpreferences.

RBL Bank launches RuPay credit cards with UPI and NCMC functionalities

Lender says users can now enjoy seamless, secure, and instant payments through UPI, along with hassle-free travel facilitated by NCMC feature

HDFC Bank changes credit card rules from August 1: Check details

These updates will impact various types of transactions and fees for credit card holders

Things you must check in your credit card statement: Check details

A statement is made available by your credit card company once a month, shortly after your billing cycle ends

Major credit card issuers go live on Bharat Bill Payment Systems platform

While there has been a delay in credit card issuers going live on the BBPS platform, the disruption among customers has not been widespread because users have multiple options to settle their dues

Cashless claim denied? Bank on credit card, pledge gold or fixed deposit

Keep some emergency cash at home and ensure your credit card limits are adequate

Lost your credit card? Get instant digital card replacement via text/email

Visa has launched a service that allows travellers to receive an instant digital card replacement via text or email

Credit cards circulation increases by 18% to 103.3 million in May

Credit card spending in May 2024 increased by 17 per cent Y-o-Y to Rs 1.65 trillion from Rs 1.55 trillion in April 2024, rising by 6.45 per cent

All you should know about Adani One and ICICI Bank's co-branded credit card

The Adani Group enters retail finance with travel-focused credit cards via the Adani One app. Earn rewards, access airport lounges, and enjoy discounts with ICICI Bank and Visa.

Credit cards with the lowest foreign transaction fee for your trip abroad

Don't let hidden currency conversion fees eat into your travel budget! Learn how to avoid foreign transaction markup fees and keep more rupees in your pocket.

Banks seek delay on taxing overseas card spends: How 20% TCS impacts you

Indian banks are requesting more time to prepare for the new rule taxing international credit card transactions under the LRS scheme.

HDFC Bank, YES Bank and more: 4 credit card changes you need to know about

The recent credit card rule changes necessitate adjustments for cardholders.

How to use your credit card the right way and maximise rewards and waivers

Regular use of your credit card with timely bill payments enhances your credit history, leading to higher spending limits and attractive loan offers.

Looking for complimentary air tickets? These are top 5 credit cards for it

.If free tickets are offered on reaching spending milestones, you must consider whether you would be able to meet the spend thresholds to avail the benefit.

Getting a credit card is easy but closing it needs a checklist of tasks

Get a confirmation letter from issuer confirming closure, ensure it says you have no dues

Retirement MFs: Equity allocation, flexible withdrawal options key benefits

Stay invested even after lock-in ends to gain from compounding

YES Bank collaborates with ANQ to launch 2 co-branded credit cards Pi, Phi

YES Bank has partnered with Bengaluru-based financial services provider, ANQ, to unveil two co-branded credit cards -- Pi and Phi. The strategic partnership aims to bridge the gap between traditional banking and the fintech industry, offering innovative solutions to meet evolving consumer needs, a release said. The YES Bank-ANQ Pi credit card is a digital-only card that offers credit on UPI for domestic transactions, providing users with convenient and secure payment options. The credit card caters to both domestic and international purchases with its physical card format, offering users versatility in their spending options, the release said. YES Bank is a full-service commercial bank headquartered in Mumbai. ANQ is a digital banking platform that harnesses the power of decentralised Finance (DeFi) to deliver next-generation financial services.