Akash Sethi

Most people only notice credit card charges in India when a bill comes in higher than expected. A late fee here, some interest there, and a cash withdrawal that costs more than the cash itself. The main credit card charges are the annual fee, interest on unpaid bills, late payment fees, cash withdrawal fees, forex … Read more

The main benefits of credit card use in India are cashback, reward points, up to 50 days of interest-free credit, fuel surcharge waivers, lounge access, insurance cover, no-cost EMI, and a stronger CIBIL score. These benefits work in your favour only when you pay your full bill on time every month. A credit card lets … Read more

There are 9 main types of credit cards: cashback, rewards, travel, fuel, shopping, secured, student, premium, and business cards. Each type rewards a different kind of spending. The right one for you depends on where most of your money goes every month. India had about 12.29 crore credit cards in use by July 2026, according … Read more

A credit card interest rates is what a bank charges you for carrying an unpaid balance past your due date, and in India, it’s higher than many people assume. Many mainstream cards charge somewhere between 3% and 4% a month, which works out to roughly 36% to 48% a year, though the actual rate varies … Read more

Credit card eligibility in India usually depends on a combination of your age, income, credit history, and employment or business profile, along with other information the issuer uses to assess repayment capacity. There’s no single RBI-mandated age, income, or CIBIL cutoff that applies to every card, individual banks set their own eligibility criteria and assess … Read more

A credit card is a payment card issued by a bank that lets you borrow money, up to a limit the bank sets, to pay for purchases now and repay later. If you clear the full amount by your due date, most cards charge you nothing extra for that borrowing. If you don’t, interest starts … Read more