Paisabazaar

While most credit cards do not reward gold and jewelery purchases, a few stand out, offering upto 5% back on gold spends through co-branded perks or inclusive rewards programs. This Diwali, we present to you India's best credit cards to maximize benefits on your gold purchases.

Using credit cards responsibly can yield substantial savings and strengthen your credit score. Head of Credit Cards, Paisabazaar, Rohit Chhibbar, provides some key tips in his article for The Hindu.

Episode 2 of Millennials and Credit Cards: Savings for the Cravings is here! Whether it's a doorstep delivery or going out, dining has become a staple in monthly expenses for most. Many credit cards today offer exclusive perks with popular food delivery platforms like Zomato and Swiggy, along with dining discounts at popular restaurants that bring rewards every time you eat out. In this episode of Millennials and Credit Cards we spoke to Millennials to gather insights on their dining spends and shared top recommendations for credit cards that serve up serious savings on every meal. Don’t miss out—watch until the end for our picks on the best dining credit cards!

In recent times, major credit card issuers have introduced changes that impact how much you can save on utility payments. Many have capped the savings on these transactions and introduced a "fair usage policy" that imposes a 1% fee on utility payments exceeding a certain threshold. This reduces the overall value-back for cardholders. However, you can still maximize your savings on utility bills—one of the most significant recurring household expenses—by choosing the right credit card. Here's us telling you what are some of the best credit cards for earning cashback and rewards on your utility bill payments. #CreditCards #Savings

Individuals investing in fixed deposits (FDs) should consider factors beyond interest rates, such as liquidity needs and investment horizons, to avoid premature withdrawals and penalties. Depositors can leverage FDs through secured credit cards or overdrafts to manage cash flow and improve credit health. Prioritize liquidity and explore high-yield options, including small finance banks, writes Gaurav Aggarwal for The Hindu.

#CardReview: ICICI Bank's new MakeMyTrip Credit Card is for MMT loyalists, with benefits in the form of myCash on bookings and spends through the platform. Other key benefits include one of the lowest forex fees at 0.99%, lounge access and also movie benefits. For a full breakdown, watch our detailed review.

In an exclusive with The Economic Times' Pratik Bhakta, Naveen Kukreja speaks about Paisabazaar's long-term growth strategy, increased focus on secured credit, scaling offline distribution capabilities, and adapting to the fast-evolving external environment. Read the full interview here: https://lnkd.in/gbwSGKKs

In a discussion with CNBC_Awaaz, Radhika Binani, CPO, Paisabazaar, shared valuable insights on investment strategies. She highlighted the importance of the right asset allocation as per risk appetite and financial goals, and investing for the long-term with discipline. She spoke about the India story, and despite any short-term uncertainty, how our macros and fundamentals remain strong. https://lnkd.in/gYdwkncE

Smart shopping isn’t just about finding the best deals and discounts—it’s about using the right credit card to turn purchases into rewards and cashback. But how many people shop smart with the right cards? To find out, we asked around to discover where millennials love to shop, how they pay, and if credit cards are their go-to. Watch the first episode of ‘Millennials and Credit Cards: From Cart to Card!’ Stay tuned until the end for expert recommendations on the best shopping credit cards to maximize your rewards and savings—perfect for shoppers.

ICICI Bank Revises Credit Card Features and Charges: From November 15, ICICI's Credit Cards will go under significant changes to their offering. These changes are in line with the fair usage policy that other card issuers have implemented in recent times.  Here’s a quick breakdown of what cardholders can expect: * Capping on Key Categories: Spend based capping has been introduced on categories like utility bills, insurance and groceries. Capping amount will vary based on card category, wherein, premium cards will offer higher cap as compared to the entry level cards. * Spend-Based Lounge Access: Spend threshold for complimentary lounge access has been set to Rs.75,000 per quarter for most of the cards. * Exclusion of Transactions from Milestone Rewards: Expenses related to rent, education and government transaction will no longer be considered for milestone rewards and annual fee waivers. * 1% Transaction Fee: Categories like education payments via third party, fuel spends above Rs.10,000 and utility bills exceeding Rs.50,000 in a month will attract a transaction fee of 1%. This fee will reduce the overall benefit for those spending primarily on these categories. * Increase in Other Fees and Charges: Late payment charges will be revised from Rs.1,200 to Rs.1,300 for balances over Rs.50,000. Additionally, finance charges have also been revised to 45%. * Discontinuation of Spa Access: Complimentary spa access through Dreamfolks has been discontinued for all cards. * Fee on Supplementary Cards: Annual fee of Rs. 199 has been introduced for supplementary card holders There is, however, some positive news for users of ICICI Emeralde and Emeralde Private Metal credit cards where the annual fee waiver threshold has been reduced from Rs.15 lakh to Rs.10 lakh. For Detailed Information Visit: https://lnkd.in/g9vqXdUC