Fullerton India, a subsidiary of Temasek Holdings Singapore operating in the Indian NBFC market is likely to launch a credit card in tie-up with some bank. Since
Credit Adviser
Credit Adviser
Use Andhra Bank, VISA to fly Kingfisher
Andhra Bank and Kingfisher have tied up to issue Kingfisher Airline tickets to any VISA Card holder. All one need to do is dial Kingfisher’s toll free number and make a tentative booking. The customer
Smart Credit Card Tips for Indians
Plastic money is invading the Indian consumer. Here are some smart credit card spending tips for you such that you don’t land in a credit trap.
- It is always tempting to own as many credit cards as possible. But restrict yourself to the best 3 [No Annual fees + Lowest APR on Purchases]. Usually One VISA, One MasterCard and One AMEX. These could be issued by any bank or it could be a co-branded card. I have
Co-Branded Credit Cards Boom in India
With rising disposable income in India, Indians are looking for credit cards to suit their specific requirements. This has led to a BOOM in co-branding of credit cards with leading national and international banks.
- There are over 50 co-branded credit cards in India
- Some of the co-branded credit cards are HDFC Bank Idea Cellular
Indian credit card industry to witness robust growth
The robust growth in the Indian economy is also witnessed in the credit card industry. Higher disposable income by relatively younger workforce in Mid 20s has made India a perfect market for credit card companies.
Here are some statistics and projections of the Indian credit card industry.
Credit Card mailing scam in India
Indians are receiving free credit card offer letters. You have to treat these letters with utmost CAUTION. Raj an MNC executive received a free credit card offer letter but with a TRAP – Raj is eligible only if he has any existing credit card and Raj who already had three wanted the fourth to make some pre-wedding purchases. Raj quickly filled in all the details including his existing credit card number, personal details such as date of birth, PAN and sent it.
A week past by, Raj had