Deepshikha

A credit score or CIBIL score signifies your credit behavior and shows how you have performed while paying back the loans or while using a credit card. All these activities are stored in the form of credit history and this history is used to set a matching score for your profile. A good CIBIL score increases your chances of getting a loan or a new credit card. But what if you never had any loan or used a credit card? Simply put, what if you never had a credit history? Well, the simplest way to answer this is that you will not have any credit score. There would be no numbers in your score, rather it is shown as NA or NH (No history).  In this article, we are going to talk about the ways by which you can get a good CIBIL score in case you don’t have any credit history.  Apply for a Credit Score: The first and the simplest way to start building a good credit score is to get a credit card. A credit card is one of the best financial products ever made. The card is issued with a pr...

Who doesn’t like traveling? Traveling is one of the leisure that everyone takes every once in a while. But traveling leads to expenses and sometimes it can become stressful for you to manage your funds because of that. To cater to this need of the travel lovers the credit card issuers offered the travel credit cards. Travel credit cards let you save money on your travel expenses as well as let you earn rewards in the form of travel points, Miles, reward points, etc. The rewards program differs from credit card to credit card. You must use your travel credit card while traveling in order to maximize its benefits. You can avail the of access to complimentary domestic and international lounges depending on your credit card. In this article, we have covered the top 5 credit cards with free airport lounge access in India.   HDFC Bank Regalia Credit Card This credit card is one of the best in domestic lounge access credit cards as you get to enjoy 12 domestic airport lounge access per ...

Credit cards are a great financial tool to add to your wallet but it is strenuous to choose one type among so many available types of credit cards. The two most popular ones are the cashback and reward points-based credit cards. The key to choosing the right type of credit card is identifying your needs and spending habits first and then selecting the ones which complement your requirements. With that being said, hereunder we have discussed the cashback and rewards credit cards so that the concept behind those credit cards can get cleared to you and how are these two different from each other. Without any further ado, kick start your research.    What is a cashback credit card? Cashback credit cards are those credit cards whose incentives are based on a percentage of your spending. You get a certain percentage back in your account in the form of cashback. Currently, the most popular cashback credit card is the ICICI Amazon Pay card as it is a lifetime free credit card...

Having a credit card is one thing but using it to your advantage is another. If you are not using your credit card wisely then there are chances that you will face some unfavorable situations like debt. We have covered some of the tips for you so that you can maximise the benefits of your credit card. Keep reading to kick start your research. Choose the right card: The first and foremost thing that you need to begin with is choosing the right credit card. You need to begin by identifying your needs and spending habits and comparing credit cards in order to find out which credit card matches your requirement. Having the right credit card maximises the 50% of the credit card benefits other half depends on you how wisely you use it. Check here: List of Top Credit Cards Available in India Make the most out of rewards: Once you have received your credit card make sure that you use it for those transactions only that let you earn reward points. Using a credit card to earn reward points ma...

When financial institutions decide on giving you a Credit Card, they are increasing their risk because most Credit Cards are Unsecured. The only way for financial institutions to determine whether to give you credit is based on your CIBIL Score / Credit Score. A Credit Score is a number between 300-900, which indicates the creditworthiness of an individual. The higher the credit score, the higher chances it is for you to get the loan sanctioned. A credit score lower than 600 is considered to be a poor or bad credit score. It would be difficult for people to get a Credit Card on having a bad credit score. So, what will you do if that is the case? How to get a credit card with bad credit? Here are the Probable Solutions: #1: Go for a Secured Credit: A secured credit card is a form of credit card that is backed by the cardholder's cash deposit. This deposit serves as account security, ensuring that the card issuer is protected if the cardholder is unable to make payments. Whe...

Adding a credit card to your wallet is an important decision but using it wisely tops the list. You need to use your credit card wisely so that you can maximise the benefits. The first and foremost important thing is to have the right credit card and then use it in such a way that you can earn incentives in return. You need to compare credit cards online so that you can choose the right credit card for yourself. In this article, we have covered 7 tips on using a credit card wisely that you must know. Keep reading to kick start your research. Choose the right credit card: To use a credit card wisely, you must have the right credit card. With that being said, it becomes more important for you to select the right credit card. For this, you need to first identify your needs and spending habit and then start choosing the credit cards which compliments them. Then compare the selected ones to narrow down your choices to one credit card. Use the card to earn re...