Credit Card What Are Credit Card Rewards & How Do They Work? Jyoti Thakur, May 1, 2023May 30, 2024 Credit card rewards programs are a popular way for credit card companies to entice customers to use their cards more frequently. Essentially, credit card rewards programs offer points, miles, or cash back for every dollar that a cardholder spends on their card. These rewards can then be redeemed for a… Continue Reading
Credit Card How To Calculate Credit Utilization Ratio? Jyoti Thakur, April 24, 2023May 30, 2024 Credit utilization ratio is a metric that measures the amount of credit a person is using compared to the amount of credit available to them. It is expressed as a percentage and is an important factor in determining a person’s credit score. A high credit utilization ratio indicates that a… Continue Reading
Featured Some Important Credit Card Terms Jyoti Thakur, April 17, 2023May 30, 2024 Credit cards are a common form of payment that offer convenience, rewards, and a line of credit for purchases. Understanding key credit card terms is important for managing your finances, maximizing rewards, and avoiding costly fees. Common terms include interest rate, annual fee, credit limit, balance transfer, rewards, and APR…. Continue Reading
Featured Factors affecting credit card Applications Jyoti Thakur, April 15, 2023May 30, 2024 Credit card applications are influenced by a variety of factors, including an individual’s credit history, income, employment status, and spending habits. Lenders use this information to assess an applicant’s creditworthiness and determine whether they are likely to repay their debts on time. Other factors, such as the type of credit… Continue Reading
Featured Strategies for Maximizing Travel Rewards with A Credit Card Jyoti Thakur, April 13, 2023May 30, 2024 Maximizing travel rewards with a credit card is a smart way to make the most of your spending and earn free or discounted travel. By using a credit card that offers rewards specifically for travel expenses, such as flights, hotels, and car rentals, you can earn points or miles that… Continue Reading
Credit Card Rewards And Incentives Offered By Cashback Credit Cards Jyoti Thakur, April 7, 2023May 30, 2024 Cashback credit cards offer a way for cardholders to earn money back on their purchases by giving a percentage of the amount spent back to the cardholder in the form of cash rewards or statement credits. These rewards and incentives can vary between card issuers and card types, with some… Continue Reading
Credit Card Review Impact of Credit Card Usage on Credit Score Jyoti Thakur, April 5, 2023May 30, 2024 The usage of credit cards can have a significant impact on one’s credit score. This score, also known as a FICO score, is a numerical representation of a person’s creditworthiness, taking into account factors such as payment history, credit utilization, length of credit history, and types of credit used. The… Continue Reading
Credit Card How to Pay Income Tax with a Credit Card? Jyoti Thakur, April 3, 2023May 30, 2024 It is possible to pay income tax using a credit card, however, the process may vary depending on the mode of payment and the type of credit card being used. Typically, the process involves visiting the official website of the Income Tax Department, selecting the appropriate form for tax payment,… Continue Reading
Featured 7 Banks That Provide Secured Credit Cards Jyoti Thakur, March 30, 2023May 30, 2024 Secured credit cards are a type of credit card that requires a security deposit to be held as collateral. In India, there are several banks that offer secured credit cards, including State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Bank of Baroda and IDBI Bank…. Continue Reading
Featured Can You Use A Credit Card to Pay Taxes? Jyoti Thakur, March 28, 2023May 30, 2024 In India, paying taxes is an important civic duty and the government has made it convenient for taxpayers by providing various modes of payment. One of the options available is using a credit card to pay taxes. The Indian government has partnered with various banks and payment gateways to allow… Continue Reading