India Credit Cards Review, Advise & Market Research
A group of insurance companies are gearing up to launch insurance products that would insure a person against losses arising from lost wallets.
Tata AIG Life is planning to launch products that would ensure a person against such losses. In addition the insurer would provide
The Central Bank has finally woken up and has recommended measures to prevent Credit Card Frauds or at least minimize the same. RBI has recommended the following measures to be taken by every credit card issuer,
ICICI Bank topped the list of Credit Card Frauds with a total of 8,280 complaints involving Rs 11 crore [USD 2 mn] between April and Dec of 2008.
HSBC
Punjab National Bank which promised Credit Cards last April has finally launched and is really serious about gaining customers. The company is giving first preference to existing customers with good banking and track record.
PNB has launched Visa Global Gold and Classic Credit Cards:
There is no Joining or Annual fees
This comes as a shock as the Supreme Court of India’s decision is against the interest of the Indian consumer. You may recall that last July, a consumer court had capped the interest rate on Credit Cards at 30%. The consumer court
Read moreSupreme Court stays Cap on Interest for Credit Cards
The Credit Card is a Financial Tool best suited for your needs if you use it carefully and also handle intelligently.