India Credit Cards Review, Advise & Market Research
Credit Adviser
Time and Again, it has been discussed openly and banks / financial institutions being criticized for charging Credit Card APRs abnormally high from 24% PA to 48% PA. Their argument,
Credit card dues are of nature of non-priority sector personal loans and banks are free to determine the rate of interest on credit card dues on their own without reference to their benchmark
With the economic downturn, aggressive lending institutions like ICICI have burnt their fingers and are in a mode to consolidate for couple of years before they can aspire to grow.
Some facts as on Sept-2009 about the Indian Credit Card Industry.
Read moreCredit Card User Base Falls lead by ICICI, SBI and Citi
Citibank and Indian Oil together have just e-mailed us about a card that they are offering to readers of CardBhai.
Some of the main features of this card are
Have you ever thought how you can earn while spending on your credit card ? Well, first always bear in Mind – This Rule is applicable only to folks who have atleast 12 months history of paying their credit card dues in FULL at the end of every billing cycle. If you can’t, then please don’t use it as you end up losing than gaining
A week ago, Corp bank introduced pre-paid gift cards for this festive season. Following them, Central Bank has also introduced MasterCard pre-paid gift cards which can be pre-loaded with any amount between Rs 500 to
Credit Card companies, mainly banks which in Greed to make Big Buck quickly by overcharging and harassing customers have conceded defeat that the business model was flawed. Most Credit Card companies operating in India depend on Direst Sales Associates the Crime Lords of Mis-Selling a product which they never understood.
In order to
Read moreAnnual Fees – Credit Card Companies planning to re-introduce