JP Morgan to pay $100 mn in credit card settlement
JPMorgan is among the lenders that agreed, along with Visa and MasterCard, to pay $6 bn to settle retailers' claims that they engaged in anticompetitive practices to fix fees for processing credit and...
View ArticleHDFC Bank, Jet Airways launch co-branded credit card
The membership for the new card comes in three variants—the World, the Platinum and the Titanium—and will be offered on the MasterCard platform.
View ArticleTeacher’s Day Special: New HDFC credit card for teachers
The card offers special features such as multiple reward points, weekend bonanza points, petrol surcharge waiver and 500 special gift reward points to be credited annually on Teachers Day
View ArticleDo you make these dumb financial mistakes?
Making dumb mistakes when it comes to financial matters can turn out to be costly. Whatever the reason, ensure the next time you handle your money, you don’t make these mistakes.
View ArticleIndians can now buy from Apple’s App Store in rupees
Good news for Apple users in India. Apple's App Store is now selling paid apps in Rupees. Initially paid apps were shown only in US dollars and therefore your credit card was charged in dollars.
View ArticleVirtual credit card reduces online frauds risk
Virtual cards only expose part of your credit limit to an online transaction instead of the whole limit.
View ArticleRelocating? Here’s a list of financial documents to update
Here’s a quick check-list of documents where updating your latest information is very important. To know more, read on.
View ArticleShopaholic or a foodie? Here’s all about choosing the right credit card
There are a number of credit cards and picking the right card is imperative as it should be based on your need or lifestyle. If you need the card for fuel purchase, it makes more sense for the...
View ArticleEver wondered how a credit card actually works?
If you every wondered what happens once you hand over your card to the merchant to pay for the product or service you just purchased, read on.
View ArticleAll you wanted to know about credit-builder (secured) credit cards
Like the name suggests, it’s a credit card. But unlike a regular credit card which is an unsecured debt, here the bank asks you for collateral or a security before giving you a card.
View ArticleICICI Bank discontinues Kingfisher co-branded credit card
The bank further said it will issue an ICICI Bank Platinum Visa Credit Card to the users of ICICI-Kingfisher card.
View ArticleFive changes you need to know about your credit/debit cards
The changes have been the two-step authentication process: one-time password and verified by Visa or Mastercard secure.
View ArticleSwipe your credit card and drive away the Nano
Tata Motors made an offer wherein customers can convert the entire amount in monthly instalments of 0% over a period of 12 months at an EMI of Rs.8,333 per lakh.
View ArticleFactbox: Cyprus imposes capital controls
NICOSIA (Reuters) - Cypriot banks reopen with tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to prevent the...
View ArticleOnly for rich: Axis bank launches credit card for Rs 10,000 joining fee
With this card, you can get access to frequent flyer program of Lufthansa and other member airlines.
View ArticleMorningstar says clients credit card, personal info may have been leaked
The incident on April 3, 2012 may also have led to the leakage of names, addresses, email addresses and passwords, the company said in a filing on Friday.
View ArticleRatnakar Bank pips Yes Bank to buy select businesses of RBS India
The private lender did not disclose the price at which it will buy these businesses.
View ArticleBank’s credit card goof-up: Beware! This could happen to you
According to the Reserve Bank of India, the maximum number of complaints which the banking ombudsman receives each year is debit/credit card-related complaints
View ArticleCan’t pay your bills? Here’s how you can avoid the dreaded debt trap
Debt should not be taken for acquiring a depreciating asset. An example could be buying a mobile phone or white goods on loan.
View ArticleCan you trust your bank to run your ECS on time?
Setting an ECS can make money matters simpler - you don’t need to keep remembering due dates for various payments as long as you have enough balance maintained in the account. But, banks too make...
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