When You Should Not Use Credit Cards?

When You Should not  Use Credit Cards? Mr.  Rajiv Raj, Creditvidya.com U sing your credit card smartly can benefit you greatly; by smartly we mean not only keeping the credit utilisation ratio low but also using it at the right places.  There are a few occasions when using yo…

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Your life in These 8 Types of Debt..!

v Src : ET Wealth

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No late Charges for Delay in Credit Card Payment for 3 Days : RBI Circular

RBI/2015-16/126 DBR.No.BP.BC.30/21.04.048/2015-16 July 16, 2015 To All Scheduled Commercial Banks / Non-Banking Financial Companies (NBFCs) /Primary (Urban)  Co-operative Banks Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Adv…

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No late Charges for Delay in Credit Card Payment for Three Days..!

Reserve Bank of India (RBI)  has issued a direction to all Banks regarding late payment charges on credit cards dues on July 16, 2015. According to RBI circular bank can charge late payment fees charges only after 3 (three)  days from due date shown in credit card bill. Its …

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About 11 lac new credit card accounts were opened in Jan. - March of 2015..!

Disclosing credit trends at a press conference Hyderabad on June19, 2015, Ms. Harshala Chandorkar, Senior Vice President – Customer Relations, CIBIL Over 8 lakh new credit card accounts were opened in the first quarter of last year, 2014 this year 2015 January to March perio…

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Draft Proposals: Tax Benefit On Payments Made By Debit and Credit Cards..!

Draft Proposals:  Income  Tax Benefit  On Payments Made  By Debit and Credit Cards..! The Finance Minister in his budget speech for the Union Budget 2015-16 made the following announcement: “One way to curb the flow of black money is to discourage transactions in cash. Now that a…

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ICICI Bank's Contactless Debit & Credit Cards

ICICI Bank has launched India's first contactless debit & credit cards that use the near field communication technology, enabling payments with just the wave of the card near merchant terminals. The near field communication (NFC) technology provides customers improv…

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ICICI Bank Super Premium Diamant Credit card..!

India’s largest private sector bank, ICICI Bank Limited, had announced the launch of ICICI Bank Diamant, a super premium card for private banking customers. This card is yet another addition to the “Gemstone Collection” of credit cards. The other cards, which form a part of t…

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Credit Card Due Treated NPA if Minimum Not Paid Within 90 Days From Next Billing Date..

In credit card accounts, the amount spent is billed to the card users through a monthly statement with a definite due date for repayment. Banks give an option to the card users to pay either the full amount or a fraction of it, i.e., minimum amount due, on the due date an…

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HDFC Bank Credit Card Helpline Numbers..!

Please note the change in HDFC Bank Credit Card Helpline number for the following locations: Chandigarh: 0172 – 6160 616     Chhattisgarh : 98936 03333     Jaipur: 0141 – 6160 616     Punjab: 98153 31111     Kolkata: 033 – 6160 6161     Kochi : 0484 – 6160 616     Kerala : 98956 6…

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ICICI Bank Carbon in Partnership with Visa

Asia's first Credit Card with Visa CodeSure  Users can generate secure One-Time-Passcodes (OTP) for online transactions instantly on the card itself ICICI Bank Limited, India’s largest private sector bank, today announced the launch of its next generation Credit Card – …

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