Deepshikha

Having so many choices appear to be a good thing, that is until it all starts to get confusing. There are hundreds of credit cards available in the market, providing unbelievable offers and deals, each claiming it is the best one in its area, therefore it is normal to get confused in choosing the best and the right one. However, to make things easier for you we have compiled a list of things that you should consider while comparing credit cards.  Tips For Comparing Credit Card Your financial profile: The most important thing is knowing your financial position and why you need a credit card. knowing this would help you in shortlisting and eventually selecting a credit card that would best fit you. Decide the category you would benefit most from, whether you are looking for a rewards card, cashback, fuel, or travel, or if you are just starting your credit journey and are looking for a card that would help you build good credit. Interest rates: The second thing to compare is the inte...

  It is not a good thing to miss a payment but yes, it is common and normal. People have too many things they worry about so it is easy to forget a credit card payment. Delayed/ or missed payment consequences are determined by its lateness plus a credit card's rules. Users run the danger of losing money from late payments, paying extra interest, but also having their credit scores suffer. Issues that could arise from failing to make a credit payment: Issuers may charge you a sizable late fee: Users are assessed a fine by the credit card company if they don't settle their payments by the deadline. The subsequent credit card statement will include the above-delayed charges. The amount of time users missed their fees, your prior record of missed fees, as well as various circumstances can affect the late fees that each card issuer imposes. Your credit score may suffer: None of it may show on the credit file should a person miss a payment by only a couple of days but pay it back on...

  Since lifetime-free credit cards never impose the customary yearly fee, they are typically the most widely used credit cards. The LTF credit cards have no initiation or yearly charge. The suitable person for these no-fee credit cards are newcomers or first-time cardholders who have recently started their careers or haven't used credit before. Cards that are lifetime free are also a good option for people who don't wish to pay a charge on the card. PROS OF LTF CREDIT CARDS: No joining or yearly fee:  The majority of credit cards basically have a yearly fee. However, when you utilize your card frequently and meet the required expenditure, these fees are exempted. Lifetime free credit cards give their users the sole benefit of zero annual fees and joining fees without having to fulfill any minimum requirement criteria. Joining benefits: If the zero joining or annual fee is not enough to attract users, some Lifetime Free credit cards also offer welcome incentives and joining bo...

UNDERSTANDING WHAT A BALANCE TRANSFER CREDIT CARD IS: Such a credit card that allows you to transfer amounts from other accounts is a balance transfer credit card. The majority of the time, balance transfer credit cards provide users an initial 0% APR, or no interest, on their outstanding balance for a certain period which is usually somewhere between a year and 21 months. This allows you the chance to settle your debt without having to pay any interest. Despite the fact that it may be a useful way to handle credit card repayments, there are a few things to think about before choosing to get a balance transfer credit card. Pros of a balance transfer credit card: 0% interest rate: Although it's possible to transfer balances across the majority of credit cards, it's crucial to choose one with a 0% interest for balance transfers if you want to repay your debt more quickly. Users can avoid interest payments for up to 21 months if they use the correct balance transfer credit card. I...

  HDFC Bank is one of the renowned banks in the financial sector. It offers a humongous range of credit cards from lifetime free credit cards to super-premium credit cards. You can easily apply for HDFC Credit Cards online as well as offline. You get ample choices to choose a card for yourself. In this article, we have covered the features and benefits of two credit cards by HDFC Bank namely HDFC Freedom Credit Card and HDFC Regalia First Credit Card. keep reading to know more about these cards so that you can make an informed decision HDFC Freedom Credit Card This credit card is an entry-level credit card and is best suited for first-time credit card users. The HDFC Freedom credit card is a cashback-based credit card that lets you enjoy several benefits on shopping, dining, etc. Hereunder are the key highlights of this credit card.  Joining Fee: Rs. 500 Plus Applicable Taxes Renewal Fee: Rs. 500 Plus Applicable Taxes Spend-Based Waiver: The renewal fee will be waived off ...

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 ...