RBI in India took the best move to adopt MasterSecureCode and Verified by Visa for Online Credit Card Transactions [a.k.a CNP – Card Not Present] with effective from August-1st 2009. In a recent circular released to us,
Upgrading Without Consent – Violation
A reader of our column wrote to us,
Recently, HDFC Bank Credit Card Division upgraded my Gold Card to Business Platinum without my consent – on phone or in writing. What worries me is the huge credit limit offered from Rs 30,000 to over Rs 100,000. Additionally, I am not getting any reward points
Difference in CIBIL Report – Banks Vs Consumers
Settlement of Wrong / Failed ATM Debits
After the RBI has allowed interbank ATM transactions, the case of Wrong / Failed ATM debit transaction have risen considerably. Many have asked on how to go about the settlement of Failed ATM Debits. Here is the complete procedure to claim your Refund in case of Wrong /Failed ATM Withdrawal Transaction and Rights
Debit Loyalty Program a Big Hit
SBI’s Debit Card Loyalty program is a Big Hit after 9 months into vogue. This is the first time in India that a PSU Bank has taken a lead in introducing a product for the masses well ahead of its private bank competitors.
The Debit Card loyalty program began as SBI’s Credit Card venture
NetLimit Feature on your Credit Card
HDFC Bank has introduced a new feature for all its Credit Card Customers known as NetLimit. Using this feature, you can set aside a part of your credit limit exclusively for online spends.
The three options of NetLimit are 25%, 50% and 100% of credit limit and