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Perhaps that enticing welcome gift promotion from a major bank doesn't excite you anymore, and your annual fee waiver negotiation rituals won't budge. Maybe those discretionary purchases spiked up because you feel that it's easy to swipe now and enjoy a refreshing bubble tea or travel to Paris. But some credit card issuers can be annoying in that they pull...
Savings and investments do not directly impact your CIBIL score, they can indirectly influence it through various financial behaviours and indicators of financial stability and responsibility.
Credit History: If you are using credit cards for a longer time or paying Home loan or personal loan EMIs constantly on time, it will show your good credit history to improve your CIBIL score.
When it comes to credit-building, a disciplined approach in repayments and credit-consumption can go a long way, says Adhil Shetty, the CEO of BankBazaar.com.
Credit cards, a cornerstone of modern financial management, offer a convenient way to make purchases, build credit, and reap rewards. However, the path to maximising their benefits while maintaining financial health is nuanced, requiring strategic use and understanding. Here's a guide to the best practices for credit card usage, addressing the selection of the right card,