Daily Archives: June 19, 2024
If you are struggling to clear your credit card dues, you can consider the ‘balance transfer facility’. It is the process by which you can shift the pending balance from one credit card to another. Balance transfers on credit cardscan help manage your credit card debt. However, knowing the effect they can have on your…
When you sign up for a credit card, you agree to pay back the money you owe. The card-issuing bank funds your credit card spending. Hence, you are responsible for paying them back what you owe on time. If you fail to pay the minimum amount due on your credit card by the due date,…
Credit cards offer a variety of benefits, including measures to safeguard the cardholder’s finances. One such crucial benefit is the chargeback feature. A chargebackis a process where the cardholder disputes a credit card transaction that results in a return of the payment to their credit card. Let’s learn what a chargeback is, how to dispute…
Receiving an incorrect credit card bill can be stressful. You may notice a transaction you had not carried out or a charge you did not make. It impacts the amount you owe to the bank. Hence, it is crucial to correct the mistake by flagging any incorrect credit card transaction shown in the bill immediately….
A credit card offers benefits such as instant access to credit, rewards and offers, privileges, and much more. But did you know that credit cards also offer insurance coverage? It is possible to avail financial protection against theft and loss of credit card. Coverage is also available for unfortunate events during travels. IndusInd Bank Credit Card…
If you have gone through a credit card statement, you may have come across the term ‘unbilled amount’. After you complete a transaction on the credit card, its history can be seen under the ‘unbilled amount’ category. So, what is the unbilled amount on a credit card? It refers to the transactions from the credit card…
India has experienced rapid growth in digital payments. The UPI (United Payments Interface) network processed 1,344 crore transactions in March 2024. In comparison, there were 1,220 crore UPI transactions in January 2024. With access to smartphones and the internet, people prefer the easier money transfer way, i.e., the online way. One of the popular online…
Selecting a reliable money transfer service to carry out international transactions might seem simple. However, several vital considerations, including international money transfer fees, need to be made beforehand. This means that before starting an online money transfer, it’s essential to watch the volatile foreign currency rates carefully and be aware of all associated costs. Doing…