It is fairly easy to procure a credit card and easier still to spend thereafter. Credit card usage has steadily been on the rise in India over the last few years. The lure of instant gratification, not having to postpone your purchase and the convenience associated with not having to carry cash have made these cards an almost must have for one and all. However, like any other product, credit cards too come with their own set of considerations that must be kept in mind to avoid financial loss or a spiraling debt trap. [More]

What is offered as cash back is typically coming out of the commissions that card issuers receive from merchants and establishments. One needs to ensure that his expenditure amount and frequency is not swayed by the sole purpose of availing the offer. Other than this, cash back cards will make sense only if you don't usually carry an outstanding balance on your card and if the card associated fees and charges are not higher than the maximum amount you can get as cash back. [More]

If you are in the age group of 24-30 years old, chances are you have not really given enough thought to matters of personal finance. Contrary to common perceptions, managing your personal finance is not about having to understand and deal with loads of complexity. It is mostly about common sense, a few clichés and a bit of high school mathematics. Here are a few examples: [More]

Over the last few years, various forms of money equivalents like using your international credit cards, debit cards or even the latest prepaid travel cards have evolved when travelling abroad. So how does one evaluate these options and what should be parameters for consideration? [More]

Credit card rewards have long been one of the selection criterions for choosing which credit card to opt for. These reward programs are however moving away from being the easy money they used to be with more and more issuers either changing their existing reward programs or introducing new ones that more often than not have terms and conditions that make them fairly complicated to cash in on. Keep in mind the following before you take a step. [More]

Whether it is checking your account balances, transferring your money, making bill payments or even shopping online, the use of internet helps you save time, effort and in most cases even money. The convenience and value associated with these services can come at a very high price if one is not careful. Keeping in mind some of these simple tips can go a long way in making your online experience secure and help prevent online fraud. [More]

It is surprising the amount of news one sees about online and credit card fraud; and how much of it is easily avoidable by maintaining some basic security. When using your credit card for any online purchase, make sure you use a secure your password. [More]