#NO Annual Fee Credit Card ICICI

[parulverma30]

Discover the top ICICI credit cards with no annual fees, offering amazing benefits like rewards, discounts, and more. Explore the best options for hassle-free financial management today!

[jasspreepkaur303]

Discover the key benefits of the ICICI Coral Credit Card, including reward points, dining discounts, complimentary lounge access, insurance coverage, and annual fee waiver. Enjoy exclusive perks on shopping, travel, and entertainment while managing your expenses effectively. Maximize your lifestyle with this versatile and rewarding credit card.

[ahandhiman]

Compare Top Credit Cards from Indian Banks Easily

Looking for the best credit card that matches your needs? With so many options from Indian banks, it can be overwhelming to choose the right one. That’s where comparing top credit cards becomes essential. Whether you’re looking for rewards on shopping, cashback offers, travel benefits, or fuel discounts, compare top credit cards from Indian banks easily to find the perfect fit.

When comparing credit cards, focus on features like annual fees, reward programs, interest rates, and exclusive perks. Some cards provide higher cashback, while others cater to frequent travelers with complimentary lounge access and air miles. Consider your spending habits to identify the card that offers maximum value.

For instance, HDFC, ICICI, and SBI credit cards come with distinct advantages such as reward points, EMI conversion options, and special discounts on partner brands. Don’t forget to check if the card provides flexibility for payments and added security features.

Start your comparison today and unlock the best offers suited for you. Choosing the right credit card can make managing your expenses rewarding and hassle-free. Happy exploring!

[hitchzone24]

How to pay your Rent using a Credit Card in 2025

Paying rent no longer needs to involve cheques or bank transfers – you can now use your credit card. With the right approach, this method is an outright rewarding way to manage your finances. What does Rent Payment through Credit Card mean in 2025? Let’s find out!

Why consider using a Credit Card for Rent?

Using a credit card to pay rent comes with certain practical benefits that include things like:

Earning Rewards: Based on your chosen card, you can earn cashback or reward points which help in gathering up rewards pretty quickly.

Manage Cash Flow: A credit card will help in easing the gap in case your salary date doesn’t match rent due dates.

Build Credit History: Regular and timely payments contribute positively to your credit score. It showcases responsible financial behaviour.

Emergency Buffer: Credit cards will act as a lifesaver during financial difficulties and allow you to meet rent deadlines without any trouble.

Step-by-Step Guide to Setting up Rent Payments

1. Talk to your landlord first. Let them know you want to pay rent with a credit card. Many landlords now accept this payment method since digital platforms handle everything automatically.

2. Pick a payment platform. Compare the fees and choose the one that costs least. Most platforms charge between 1.3-1.8% of your rent amount.

3. Create your account. You'll need to provide:

Your name and contact details

Your credit card information

Your landlord's name and bank details

Proof of your rental agreement

4. Set up the payment. Enter your monthly rent amount and when you want the payment to go through each month.

5. Start paying rent with your card. The platform will charge your credit card and send the money to your landlord's bank account.

Important Things to Know

While paying rent with credit card has clear advantages, here are some aspects to be mindful of:

Processing Fees: Many platforms have a transaction fee for every rental amount. Determine if your rewards are worth this expense.

Interest Accumulation: Do not use the card to make purchases and then carry a balance to your account because this will attract very high interest charges. Ensure that you clear your bill fully before the due date.

Credit Utilization Ratio: High rents lead to large deductions from your credit limit. It is important to keep an eye on this ratio in order to keep a good credit score.

Security Measures: Choose platforms that have strong encryption and always monitor your statements for suspicious activity.

Credit Card Processing Fees in 2025

Different credit cards charge different fees for rent payments. Here are the current rates:

HDFC Bank: 1% of the transaction value (up to ₹3,000)

SBI: Flat ₹199 + taxes

ICICI Bank: 1% of the transaction value

Axis Bank: 1% of the transaction value (up to ₹1,500)

YES Bank: 0.5% of the transaction value

IndusInd: 1% of the transaction value (plus GST)

Kotak Mahindra: 1% of the transaction value (plus GST)

RBL Bank: 1% of the transaction value

Watch Out for These Things

High Interest Rates: Credit cards charge 24-48% annual interest if you don't pay your full bill. Never carry a balance on rent payments.

Processing Fees Add Up: A 1.5% fee on ₹20,000 rent means you pay ₹300 extra each month. Make sure the rewards you earn are worth more than the fees.

Credit Score Impact: Using too much of your credit limit can hurt your credit score. Try to keep your total credit usage under 30%.

Tips to Make Rent Payments Work Better

Schedule Automatic Payments: Make sure to pay on time by setting up an automatic payment so you don’t miss the due date.

Time Your Payments Right: It is better to pay rent on the first day of your credit card billing cycle to get the maximum time without interest charges.

Have a Backup Plan: It is wise to save some money in your account in case the credit card payment is declined.

Keep Track of Fees: Write down all processing fees and annual card fees to know your true cost.

Is Paying Rent with Credit Card Right for You?

Paying rent with a credit card works best if you:

Always pay your credit card bill in full

Want to earn rewards on a big monthly expense

Need more flexibility with payment timing

Have a credit card with low processing fees

Skip credit card rent payments if you:

 Already carry credit card debt

 Can't pay the full credit card bill each month

Don't earn enough rewards to cover the fees

Have a tight budget that can't handle extra fees

Need More Help?

Most credit card companies now have special teams to help with rent payments. You can contact your card’s customer service or visit their website to find more information and tutorials.

It is only possible to pay rent with credit card if the advantages of doing so are more than the disadvantages. Always do the math first and make sure you can pay your credit card bill in full each month.

[jasbir675]

Top ICICI Cashback Credit Cards to Maximize Your Rewards

ICICI Bank offers some of the best cashback credit cards in India, designed to provide maximum savings on your everyday expenses. These cards allow you to earn cashback on a wide range of categories, including shopping, dining, fuel, and travel. Whether you're a frequent shopper or someone who enjoys dining out, there’s an option among the top ICICI cashback credit cards to match your lifestyle.

One popular option is the Amazon Pay ICICI Credit Card, which offers up to 5% cashback on Amazon purchases for Prime members and 1% cashback on all other spends. For those who spend a lot on fuel, the ICICI HPCL Super Saver Credit Card is ideal, offering cashback on fuel transactions along with benefits on grocery and utility payments.

With ICICI cashback credit cards, you can enjoy a combination of savings and rewards. Plus, these cards often come with additional perks such as discounts, reward points, and zero annual fees for select cards. Pick the best card for your needs and start maximizing your rewards today!

[adnanfinowings]

5 Best Credit Cards For Beginners In India

Credit cards offer a variety of benefits, including rewards, cashback, lounge access, and discounts. While many premium credit cards come with high fees and are typically available to those with a strong credit history, there are also options designed specifically for beginners. These entry-level credit cards offer valuable perks at a reasonable fee, helping new users build their credit while enjoying some great benefits.

If you're new to credit cards, selecting the right one can be overwhelming. That’s why we’ve compiled a list of the 5 best credit cards for beginners in India, each offering distinct advantages and helping you find the ideal card for your needs.

1. Amazon Pay ICICI Credit Card

The Amazon Pay ICICI Credit Card is one of the best free credit cards for beginners. It’s a lifetime free card that offers great cashback options on Amazon purchases, making it perfect for frequent online shoppers.

Benefits:

Annual Fee: Nil

Category: Lifetime Free

Rewards:

5% cashback for Prime members on Amazon purchases

3% cashback for non-Prime members on Amazon purchases

2% cashback when using Amazon Pay at select merchants

1% cashback on all other transactions

Additional Perks: 1% discount on fuel surcharge at all petrol stations across India.

This card is highly recommended for individuals seeking a best free credit card in India for everyday use.

2. Flipkart Axis Bank Credit Card

The Flipkart Axis Bank Credit Card is ideal for beginners who frequently shop online. This card offers fantastic cashback deals on Flipkart and partner platforms, making it one of the top credit cards for students and other online shoppers.

Benefits:

Annual Fee: Rs. 500

Category: Shopping

Welcome Bonus: Rs. 600 upon issuance

Rewards:

5% cashback on Flipkart

4% cashback on selected partners like Swiggy, Uber, PVR, and cult.fit

1% cashback on all other purchases

Additional Perks: Complimentary domestic airport lounge pass every quarter, and 15% discount at participating restaurants.

This card offers excellent value, especially for those who frequently shop on Flipkart or use its partners, making it a contender for the best credit card offers for beginners.

3. SBI Simply CLICK Credit Card

The SBI Simply CLICK Credit Card is a great option for those seeking the best credit card offers for online shopping. Packed with rewards, this card is one of the best credit cards for beginners in India when it comes to shopping and travel deals.

Benefits:

Annual Fee: Rs. 499

Category: Rewards

Rewards:

10X reward points on partner websites like BookMyShow, Swiggy, and Myntra

5X reward points on other online purchases

Cleartrip/Yatra e-vouchers worth Rs. 2,000 on spending Rs. 1 lakh in a year

Fuel Surcharge: 1% waiver on fuel transactions between Rs. 500 and Rs. 3,000.

This card is perfect for beginners looking for free credit card offers with rewards on online purchases and travel expenses.

4. Swiggy HDFC Bank Credit Card

For foodies who frequently order from Swiggy, the Swiggy HDFC Bank Credit Card offers fantastic dining benefits. It's among the top credit cards for students and young professionals who love ordering in or dining out.

Benefits:

Annual Fee: Rs. 500

Category: Dining

Rewards:

10% cashback on Swiggy, Instamart, and Dineout

5% reward on online purchases

1% reward on other purchases

Additional Perks: Three months of Swiggy One membership worth Rs. 1,199 and cashback redeemable as Swiggy Money.

The Credit Card offers HDFC provides are highly beneficial for dining and food delivery enthusiasts.

5. Indian Oil Axis Bank Credit Card

The Indian Oil Axis Bank Credit Card is designed for those looking to save on fuel expenses. It offers great value on fuel purchases and everyday spending, making it one of the best credit cards for beginners in India.

Benefits:

Annual Fee: Rs. 500

Category: Fuel

Rewards:

4% cashback on Indian Oil fuel purchases

5 reward points for every Rs. 100 spent online

1% fuel surcharge waiver

Additional Perks: Discounts on dining and movie tickets via BookMyShow and EazyDiner.

This is a great card for beginners who want to reduce their fuel costs while enjoying dining and entertainment perks.

Conclusion

When choosing the best credit cards for beginners in India, consider your spending habits and lifestyle. For online shoppers, the Flipkart Axis Bank Credit Card and Amazon Pay ICICI Credit Card offer excellent cashback. For dining enthusiasts, the Swiggy HDFC Bank Credit Card is a great option. Meanwhile, the SBI Simply CLICK Credit Card and Indian Oil Axis Bank Credit Card cater to those looking for rewards and fuel savings. Whether you’re a student or a working professional, there’s a perfect beginner card for everyone.

[financeloanonline]

Traveling is one of life's greatest joys, offering opportunities to explore new cultures, bond with loved ones, and create lasting memories. However, the financial strain of funding a vacation can often act as a deterrent. To address this, many financial institutions in India now offer travel loans, also known as personal loan for travel, enabling individuals to plan their dream trips without financial worry.

What is a Travel Loan?

A travel loan is essentially a personal loan tailored to meet your vacation expenses. It covers costs such as airfare, accommodation, sightseeing, and other travel-related activities. Unlike traditional loans that require collateral, most personal loans for travel are unsecured, meaning you don't have to pledge any asset to secure the funds.

Benefits of Taking a Vacation Loan

Easy Access to Funds: With quick approvals and minimal documentation, travel loans make it easier to access funds when planning a trip.

Flexible Repayment Options: Most lenders provide flexible repayment tenures ranging from 12 to 60 months, allowing you to choose a plan that fits your budget.

No Need for Savings Depletion: Instead of dipping into your savings, you can use a vacation loan to cover your travel expenses and repay it in manageable installments.

Customizable Amounts: Depending on your travel plans, you can borrow as much or as little as you need, up to the maximum limit offered by the lender.

How to Apply for a Personal Loan for Travel

Applying for a vacation loan is straightforward and can often be done online. Here are the general steps:

Check Your Eligibility: Ensure you meet the lender's requirements, including minimum income, credit score, and age criteria.

Choose a Suitable Lender: Compare interest rates, processing fees, and repayment terms from various lenders to find the best deal.

Submit Required Documents: Typically, lenders ask for proof of identity, address, income, and travel itinerary.

Loan Disbursement: Once approved, the loan amount is disbursed directly to your account, allowing you to start planning your trip immediately.

Key Factors to Consider Before Taking a Travel Loan

Interest Rates: Interest rates for personal loans for travel in India usually range between 10% and 20% annually. Compare rates across lenders to find the most affordable option.

Loan Tenure: Choose a tenure that balances your monthly budget and total interest outgo.

Hidden Charges: Look out for processing fees, prepayment charges, and other hidden costs.

EMI Affordability: Use an EMI calculator to ensure your monthly installments are manageable within your income.

Top Banks and NBFCs Offering Travel Loans in India

Some leading institutions offering travel loans include:

State Bank of India (SBI): Offers affordable personal loans with flexible terms.

HDFC Bank: Known for quick approvals and competitive interest rates.

ICICI Bank: Provides customizable personal loans for travel needs.

Bajaj Finserv: Offers pre-approved travel loans for existing customers.

Axis Bank: Provides vacation loans with easy repayment options.

Why Opt for a Personal Loan for Travel?

While credit cards can also fund travel expenses, they come with higher interest rates and limited repayment flexibility. A vacation loan, on the other hand, offers better affordability and structured repayment plans, making it a more viable option for financing your dream trip.

Final Thoughts

Traveling doesn’t have to remain a dream due to financial constraints. With the availability of vacation loans and personal loans for travel, you can embark on your desired journey without burdening your finances. However, always borrow responsibly by evaluating your repayment capacity to ensure your trip remains stress-free, both during and after your vacation.

Plan your dream holiday today, and let a travel loan turn your wanderlust into reality!

[prabhgill30]

Top ICICI Credit Cards for Salaried Employees

ICICI Bank provides a variety of credit cards that are suitable for salaried employees, helping them manage their expenses and earn rewards. These cards are designed to meet the needs of working professionals, whether it’s saving on daily expenses, earning rewards on shopping, or enjoying travel benefits. Here are some of the best ICICI Credit Cards for salaried employees.

ICICI Amazon Pay Credit Card: This card is great for salaried individuals who shop on Amazon. You can earn cashback on Amazon purchases and other expenses like dining and fuel.

ICICI Coral Credit Card: This card is ideal for saving on entertainment and dining. It also comes with rewards on everyday spending and access to airport lounges.

ICICI Platinum Chip Credit Card: Perfect for beginners, this card offers reward points on transactions and comes with no annual fee, making it a budget-friendly choice.

ICICI Sapphiro Credit Card: With benefits like travel privileges and rewards on luxury spends, this card is excellent for salaried professionals who enjoy premium services.

Choosing the right ICICI credit card can help salaried employees save money and enjoy additional benefits like reward points, discounts, and exclusive perks.

[mybankingtips1]

Best Premium Credit Cards in India

When it comes to managing finances, the choice of your credit card can create a significant difference. Premium credit cards offer a host of benefits that enhance your lifestyle with wide financial flexibility.

What are Premium Credit Cards?

Premium credit cards are high-end credit cards designed for frequent travelers and individuals who want to enjoy various rewards and benefits. These cards usually come with higher annual fees and more extensive reward programs. Your premium credit card benefits can also include superior travel insurance, luxury hotel experiences, and much more. Premium credit cards are designed for the most money-spending powers and are usually regarded as exclusive benefits card issues to few, which comprises higher credit limits, distinct rewards programs, and additional benefits. Including some of its special benefits such as lounge access for airports, concierge services, and numerous insurances.

Advantages of Applying for Credit Cards

Prior to getting into the best premium credit cards, it is important to understand the benefits of applying for a credit card. Here are some key benefits:

1. Convenience and Flexibility Benefits It makes transactions a lot easier to do without cash with the help of a credit card. It is convenient either online or over the counter in a store for payment. 2. Rewards and Cashback Benefits The reward programs which sometimes offer cashback are very common with premium credit cards. Here, you get points for every purchase you make through them. These can be redeemed in travel agencies, mall shops, and many other services. 3. More Secure Credit cards offer the extra-layered security such as fraud protection, and the option to dispute any fraudulent transaction along with discretion; thus providing a safe purchase environment.

4. Saves Credit History Proper management of a credit card contributes to a good credit history, which is very vital for acquiring loans and other financial products in the future.

5. Special Deals and Rebounds Premium cards issued to customers provide offers, discounts, and even invitation to events, making it even more valuable.

Best Premium Credit Cards in India

The following are the best premium credit cards in India distinguished by huge benefits, rewards, and special features:

1. HDFC Regalia Credit Card Key Features:

Reward Points: Get 4 reward points for every ₹150 spent. Airport Lounge Access: Complimentary access to airport lounges in India and abroad. Health and accidental death insurance cover overseas. This HDFC Regalia Credit Card is ideal for people constantly traveling and those often preferring rewards and benefits.

2. ICICI Bank Sapphiro Credit Card

Key Features

Cashback Offers: Cashback is going to be provided on online shopping and dining. Luxury Benefits: Luxury hotel offers and exclusive golf privileges with many more. Global Acceptance: Accepted at thousands of places throughout the world ensuring smooth and unobstructed transactions. This credit card is ideal for those who really like the luxuries in life and want to make the most out of their spends.

3. SBI Card ELITE Key Features:

Reward Points: 5 reward points for each ₹100 spent on grocery, dining, and international transactions Welcome Benefits: Attractive gifts with vouchers and discounts Airport Lounge Access: Complimentary access to domestic and international airport lounges. The SBI Card ELITE is meant for providing massive rewards and benefits to any individual who frequently spends on traveling and dining. 4. Axis Bank Privilege Credit Card Key Features:- Dining Privileges: Get up to 20% discount on premium restaurants. Reward Points: 2 reward points for every ₹200 spent. Annual Fee Waiver: It also provides annual fee waiver once one crosses a particular spend threshold. The Axis Bank Privilege Credit Card is perfect for foodies and those who love eating out.

5. American Express Platinum Travel Credit Card

Key Features:

Travel Benefits 1.5 Membership Rewards® points for every ₹50 spent Travel Insurance International travel insured to their heart's content. Luxury Hotel Stays get special discounts at super luxurious hotel stays. The American Express Platinum Travel Credit Card is for somebody who travels and enjoys a luxurious and premium experience.

How to Decide on the Best Luxury Credit Card

Before you decide to get a premium credit card, consider the following factors:

1. Spending Patterns Determine how often you spend money in certain categories. Select a card that offers rewards which you can most often earn, such as travel, dining, or shopping categories.

2. Annual Fees and Fees Review annual fees for the card. Your rewards program should offer more value than costs in order to make sure you get the best out of your credit card.

3. Rewards Program Find card rewards programs that are appealing and fitting your lifestyle. There may be some cards that return more cash back, while others give you more vacation awards.

4. Any bonus and Privileges Some perks will include lounge privileges, insurance cover, and access to concierge services to make it a holistic experience.

Conclusion

The right premium credit card will intensify your management of finances and lifestyle. Among the best premium credit cards in India, convenience has always been the given factor. Reward privileges and other rewards make up the most exciting part of the offer. Hence, know the benefits of credit cards to make the right decision for yourself according to the spending and financial goals you are targeting.

[news365timesindia]

[ad_1] 3 min read Last Updated : Oct 14 2024 | 4:52 PM IST ICICI Bank has announced several changes to its credit card terms, effective November 15. They include changes to reward points, transaction fees, and benefits for different card categories. This announcement marks the second revision to ICICI's credit card offerings this year. Key changes to credit card terms Click here to connect with us on WhatsApp Increased spending requirement for airport lounge access Cardholders will have to now spend ~75,000 in the preceding calendar quarter to qualify for complimentary airport lounge access, up from ~35,000. Caps on rewards for utility and insurance payments You will keep earning reward points on utility spends up to ~80,000 and insurance spends up to ~80,000 at the current earn rate.  You will keep earning reward points on utility spends up to ~40,000 and insurance spends up to ~40,000 at the current earn rate. Caps on rewards for grocery spending Spending on groceries and in departmental stores will now have a limit for earning reward points. Premium credit cardholders, such as those with ICICI Bank Rubyx Visa, Sapphiro Visa, Emeralde Visa, and others, can earn rewards on grocery purchases up to ~40,000 per month. For all other cardholders, the limit is set at ~20,000 per month. Revised fuel surcharge waiver policy The bank will waive fuel surcharges on transactions of up to ~50,000 per month across its entire credit card range. However, for the exclusive Emeralde Mastercard Metal Credit Card, this waiver limit extends to transactions up to ~1 lakh per month. Spend threshold for annual fee reduction to 10 lakh The spend threshold for annual fee reversal on the Emeralde card has been reduced from ~ 15 lakh to ~10 lakh per annum. Exclusions from spending thresholds Payments made towards rent, government transactions, and education will no longer count towards annual fee waivers and milestone benefits. Charges for supplementary cardholders An annual fee of ~199 will be charged for supplementary cardholders starting from the card's anniversary month. If school or college fees are paid using ICICI credit cards through third-party payment apps such as CRED, Paytm, Cheque, or MobiKwik, a 1 per cent transaction fee will apply. To avoid this fee, you can make payments directly via the school/college website or through a POS machine. SBI Card has also recently announced an increase in fees for specific credit card transactions, including changes to the fee structure for utility bill payments and finance charges. Effective November 1, 2024, finance charges on unsecured SBI Credit Cards will rise to 3.75 per cent per month, with the exception of Shaurya and Defense cards. Additionally, starting December 1, 2024, a 1 per cent fee will be imposed on utility bill payments that exceed ~50,000 within a billing cycle. Note that the implementation dates for these changes vary. HDFC Bank has revised its loyalty program for select credit cards, while IDFC FIRST has introduced significant changes to its credit card payment terms, including adjustments to the minimum amount due (MAD) and payment due dates. These updated regulations will come into effect on September 1, 2024. First Published: Oct 14 2024 | 4:52 PM IST [ad_2] Source link

[parulverma30]

Best ICICI Credit Cards With No Annual Fee Benefits

Looking for a credit card that offers amazing benefits without any annual fee? ICICI Bank has some of the best options for you! These cards combine savings with exclusive rewards, making them a perfect choice for budget-conscious users. Explore the best ICICI credit cards with no annual fee to maximize your savings.

The ICICI Platinum Chip Credit Card is a standout option. It not only comes with zero annual fees but also offers exciting reward points on every transaction, ensuring your spending always brings something back. Another great choice is the ICICI Amazon Pay Credit Card, ideal for online shoppers. With this card, you can enjoy cashback on Amazon purchases and earn rewards on other spends, all without worrying about an annual fee.

For those who love dining out, the ICICI Coral Credit Card offers attractive dining discounts along with other lifestyle privileges. Additionally, these cards come with features like contactless payments, robust security, and access to ICICI's excellent customer service.

Say goodbye to annual charges and hello to smart savings! Explore ICICI’s no annual fee credit cards today and make every transaction rewarding.

[jasspreepkaur303]

ICICI Coral Credit Card: Top Benefits and Exclusive Offers

The ICICI Coral Credit Card is packed with benefits that make it a great choice for anyone looking to enhance their shopping, dining, and travel experiences. This premium credit card offers rewarding features, such as earning 2 reward points for every ₹100 spent on purchases, and 4 points on select categories like dining and groceries. Plus, new cardholders get a joining bonus of 1,000 reward points!

One of the standout features of the ICICI Coral Credit Card is the annual fee waiver if you spend ₹1,50,000 or more in a year. The card also offers exclusive discounts at partner restaurants, with up to 20% off on dining bills. For travel enthusiasts, it provides complimentary access to airport lounges and travel insurance coverage.

ICICI Coral Credit Cardholders can also benefit from special discounts on movie tickets and enjoy cashback offers from top brands. Managing the card is easy with ICICI’s mobile banking app, which allows you to track your rewards, transactions, and bills on the go. 

With a range of exclusive perks and a flexible payment option, the ICICI Coral Credit Card is a valuable addition to your financial toolkit.

[news365times]

[ad_1] 3 min read Last Updated : Oct 14 2024 | 4:52 PM IST ICICI Bank has announced several changes to its credit card terms, effective November 15. They include changes to reward points, transaction fees, and benefits for different card categories. This announcement marks the second revision to ICICI's credit card offerings this year. Key changes to credit card terms Click here to connect with us on WhatsApp Increased spending requirement for airport lounge access Cardholders will have to now spend ~75,000 in the preceding calendar quarter to qualify for complimentary airport lounge access, up from ~35,000. Caps on rewards for utility and insurance payments You will keep earning reward points on utility spends up to ~80,000 and insurance spends up to ~80,000 at the current earn rate.  You will keep earning reward points on utility spends up to ~40,000 and insurance spends up to ~40,000 at the current earn rate. Caps on rewards for grocery spending Spending on groceries and in departmental stores will now have a limit for earning reward points. Premium credit cardholders, such as those with ICICI Bank Rubyx Visa, Sapphiro Visa, Emeralde Visa, and others, can earn rewards on grocery purchases up to ~40,000 per month. For all other cardholders, the limit is set at ~20,000 per month. Revised fuel surcharge waiver policy The bank will waive fuel surcharges on transactions of up to ~50,000 per month across its entire credit card range. However, for the exclusive Emeralde Mastercard Metal Credit Card, this waiver limit extends to transactions up to ~1 lakh per month. Spend threshold for annual fee reduction to 10 lakh The spend threshold for annual fee reversal on the Emeralde card has been reduced from ~ 15 lakh to ~10 lakh per annum. Exclusions from spending thresholds Payments made towards rent, government transactions, and education will no longer count towards annual fee waivers and milestone benefits. Charges for supplementary cardholders An annual fee of ~199 will be charged for supplementary cardholders starting from the card's anniversary month. If school or college fees are paid using ICICI credit cards through third-party payment apps such as CRED, Paytm, Cheque, or MobiKwik, a 1 per cent transaction fee will apply. To avoid this fee, you can make payments directly via the school/college website or through a POS machine. SBI Card has also recently announced an increase in fees for specific credit card transactions, including changes to the fee structure for utility bill payments and finance charges. Effective November 1, 2024, finance charges on unsecured SBI Credit Cards will rise to 3.75 per cent per month, with the exception of Shaurya and Defense cards. Additionally, starting December 1, 2024, a 1 per cent fee will be imposed on utility bill payments that exceed ~50,000 within a billing cycle. Note that the implementation dates for these changes vary. HDFC Bank has revised its loyalty program for select credit cards, while IDFC FIRST has introduced significant changes to its credit card payment terms, including adjustments to the minimum amount due (MAD) and payment due dates. These updated regulations will come into effect on September 1, 2024. First Published: Oct 14 2024 | 4:52 PM IST [ad_2] Source link

[jaskeeran621]

Unlocking Financial Freedom: Top 10 Lifetime Free Credit Cards in India

Unlock financial freedom with the top 10 lifetime free credit cards in India. These cards offer exceptional value by eliminating annual fees while providing a host of benefits. For instance, the IDFC FIRST Select Credit Card delivers robust rewards and access to airport lounges, while the HSBC Visa Platinum Card offers cashback on fuel and discounts on dining. The SBI Card Unnati is great for newcomers, waiving fees for the first four years. The ICICI Bank Platinum Chip Credit Card features strong rewards and fuel surcharge waivers, and the Kotak Royale Signature Card provides luxury perks and travel benefits. Other notable mentions include the YES Prosperity Reward Plus, Axis Bank Insta Easy, Standard Chartered Platinum Rewards, HDFC Freedom, and IndusInd Platinum Aura Edge cards, each offering unique rewards and cost savings. These lifetime free credit cards are ideal for maximizing benefits and managing finances effectively.

[kavurana]

The ICICI Amazon Pay Credit Card stands out as the most preferred credit card in India, offering up to 5% cashback on Amazon purchases, no annual fee, and attractive rewards on dining, fuel, and other transactions. With exclusive benefits for Amazon Prime members, it's a top choice for online shoppers and frequent spenders.

[paisainvests-1]

How to buy Credit card in India 2024

How to buy a Credit card: Welcome to the ultimate guide on how to buy a credit card! Whether you’re a seasoned shopper or a credit card newbie, this guide will walk you through everything you need to know. We’ll cover the basics, where to buy them (including a special mention of Paisainvests), the top providers, types of credit cards, and what to check before making that all-important decision. So, grab a cup of coffee, and let’s dive into the world of credit cards!

What is a Credit Card?

A credit card is more than just a piece of plastic. It’s a financial tool that offers convenience, rewards, and a way to manage your money. But let’s not forget; that it’s also a form of borrowing. When you use a credit card, you’re essentially taking a short-term loan from the issuer, which you promise to pay back later. The catch? If you don’t pay it off in time, you’ll owe interest.

How to Buy a Credit Card

Determine Your Needs

Before you start shopping for a credit card, ask yourself: What do I need it for? Are you looking for rewards, cashback, or perhaps travel perks? Maybe you’re building credit for the first time. Understanding your financial goals will help you choose the right card.

Research and Comparison

Don’t just settle for the first card you come across. Take your time to research and compare different options. Look at the interest rates, annual fees, rewards, and other features. Websites like Paisainvests can be a treasure trove of information, offering comparisons and reviews.

Applying for a Credit Card

Once you’ve made your choice, it’s time to apply. You can do this online or visit a branch if you prefer a more personal touch. Online applications are quick and easy; you’ll usually get a response within minutes. For offline applications, you might need to fill out a form and wait a few days for approval.

From Where to Buy a Credit Card

Banks and Financial Institutions

Traditional banks and financial institutions are the go-to places for buying credit cards. You can visit a branch, talk to a representative, and get all the details. It’s a great option if you prefer face-to-face interactions and personalised service.

Online Marketplaces

In this digital age, buying a credit card online is as easy as ordering pizza. Platforms like Paisainvests offer a convenient way to compare different cards, read reviews, and apply online. It’s a one-stop-shop for all your credit card needs, saving you time and effort.

Top 5 Credit Card Providers

Provider 1: Paisainvests

Paisainvests is a leading online marketplace for financial products, including credit cards. They offer a wide range of options, from cashback cards to premium rewards cards. The platform is user-friendly, making it easy to compare different cards and apply online. Check Out: Paisa Invests – Your Trusted Financial Advisor

Provider 2: HDFC Bank

HDFC Bank is one of India’s largest private sector banks, offering a variety of credit cards. From shopping and dining to travel and fuel, they’ve got a card for every need. Their customer service is top-notch, making it a reliable choice. Check Out: HDFC Bank – Personal Banking & Netbanking Services

Provider 3: SBI Card

SBI Card, a subsidiary of the State Bank of India, offers a range of credit cards tailored to different lifestyles. Whether you’re a frequent traveller or a shopaholic, SBI Card has options that come with attractive rewards and benefits. Check Out: SBI Credit Card Online – SBI Credit Card Services | SBI Card

Provider 4: ICICI Bank

ICICI Bank offers a diverse range of credit cards, including travel, shopping, and cashback cards. Known for their competitive interest rates and customer service, they are a popular choice among Indian consumers. Check Out: ICICI Bank – Personal, Business, Corporate and NRI Banking Online

Provider 5: Axis Bank

Axis Bank offers credit cards that cater to various needs, from premium lifestyle to student cards. Their rewards program is generous, and they often have tie-ups with popular brands, offering additional discounts and perks. Check Out: https://www.axisbank.com/

Types of Credit Cards

Rewards Credit Cards

These cards are perfect for those who love to earn points on every purchase. The points can be redeemed for various rewards, including travel, merchandise, and cashback. The more you spend, the more you earn!

Travel Credit Cards

If you’re a globetrotter, a travel credit card is your best friend. These cards offer rewards and perks like free lounge access, travel insurance, and discounts on flights and hotels. They also come with lower foreign transaction fees.

Cashback Credit Cards

Who doesn’t love getting cash back on purchases? Cashback credit cards offer a percentage of your spending back as cash, making them perfect for everyday expenses. It’s like getting paid to shop!

Student Credit Cards

These cards are designed for students who are new to credit. They usually have lower credit limits and fewer perks but are a great way to build credit history. Plus, they often come with student-specific benefits like discounts on textbooks and online courses.

Secured Credit Cards

If you have a low credit score or no credit history, a secured credit card can be a good option. These cards require a security deposit, which serves as your credit limit. They are a great way to build or rebuild credit.

What to Check Before Buying a Credit Card

Annual Fees and Charges

Some credit cards come with annual fees, while others don’t. Make sure to read the fine print and understand all the charges involved. Sometimes, the benefits of a card with a fee outweigh the cost, but it’s essential to know what you’re getting into.

Interest Rates

Interest rates can vary significantly between cards. A lower interest rate can save you a lot of money if you carry a balance. Make sure to compare rates and choose a card that offers the best terms for your financial situation.

Credit Limit

Your credit limit is the maximum amount you can borrow on your card. It’s essential to choose a card with a credit limit that suits your needs. A higher limit can be tempting, but it’s crucial to manage your spending and not go overboard.

Rewards and Benefits

Different cards offer different rewards and benefits. Make sure to choose a card that aligns with your spending habits. Whether it’s travel rewards, cashback, or shopping discounts, pick a card that offers what you value most.

Customer Service

Good customer service can make or break your credit card experience. Choose a provider known for excellent customer support. Whether you have a billing issue or need to report a lost card, you want a provider that handles your concerns efficiently.

Conclusion

Buying a credit card is a significant decision that requires careful consideration. From understanding your needs and researching different options to choosing the right provider and card type, every step matters. Remember, a credit card can be a powerful financial tool when used responsibly. So, take your time, do your research, and choose wisely.

By Paisainvests.com