Personal Finance Guide

  You must apply for a Travel Credit Card if you enjoy traveling and travel abroad frequently. These cards provide several advantages, including bonus points, access to airport lounges, air miles, hotel, and airline ticket savings, car rental discounts, and retail discounts. In India, several banks provide credit cards for airlines. Several travel credit cards provide rewards in form of AirMiles for buying airline tickets, rewards as AirMiles which can be used to book tickets, take advantage of award flights (free flights), or get a decent seat with partner airlines. Best Credit Cards for Airlines in India Depending on your needs and expectations, you may select the best travel credit cards offered. Below is a list of some of the top airline credit cards available in India: ●        Air India SBI Signature Credit Card ●        Air India SBI Platinum Credit Card ●        Yatra SBI C...

It might be disappointing to have your credit card application rejected, but you shouldn’t take it personally. There are different reasons why credit card issuers reject applications, and knowing the reasons that relate to your specific circumstances will help you to take the right moves to get accepted the next time you apply for a credit card . You will know the actual reason why your credit card application was rejected in the adverse action letter. The letter will also include instructions for obtaining a free copy of your credit report if one was taken into account while making the decision. While you wait for your letter, here are some potential reasons why your credit card application can be rejected. You don’t have much Credit history It might be difficult to get accepted for some credit cards if you have little or no credit history. Even though it doesn’t seem fair, you cannot build credit without being authorized for and make use of credit accounts, and this issue becomes dif...

The role of paper money has been replaced by credit cards at present time. These plastic cards have completely changed the way of purchases and sales. The number of credit card sales and usage has increased dramatically since the Indian government announced the “demonetization” action a few years ago. According to some reports by the Reserve Bank of India, Indians are heavily focusing on credit cards to pay off debt. Credit Cards can truly be very advantageous, but improperly using them can make you fall into a debt trap too. In this article, let us understand what are some important things to remember before you swipe your credit card: Precautions to take before using a credit card Planning a budget Using a credit card can be confusing, especially once you start using it for purchases. Most of them provide short-term interest-free credit, which allows you to make impulsive purchases if you don’t have a planned budget. Sometimes when you indulge in mindless spending, you often lose si...