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Using A Business Credit Card for Cash Advances

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Using a business credit card for cash advances can be a convenient way to access cash when you need it. However, it's important to understand the fees and terms associated with this type of transaction. First, let’s understand the meaning of Cash Advances. What Are Cash Advances? A cash advance is a type of transaction that allows you to access cash from your credit card account. This can be done through an ATM or by requesting a cash advance from your credit card issuer. Cash advances are typically available to credit card holders who have a credit limit on their accounts. The amount of the cash advance is typically limited to a certain percentage of the credit limit. For example, a credit card issuer may allow a cash advance of up to 50% of the credit limit. Cash advances can be a convenient way to access cash when you need it, but they come with some significant drawbacks. Most credit card issuers charge a cash advance fee for this type of transaction, which is typically a perc

Pros And Cons Of Having A Flipkart Axis Bank Credit Card

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Flipkart Axis Bank Credit Card is a co-branded credit card offered by Axis Bank in partnership with Flipkart, one of the largest e-commerce companies in India. The card offers various rewards and benefits, making it a popular choice among shoppers. However, before applying for this credit card, it’s important to consider the pros and cons to make an informed decision. Pros: Welcome Benefits One of the main advantages of the Flipkart Axis Bank Credit Card is the welcome benefits. When you sign up for the card, you can enjoy a welcome bonus of Rs. 500 in your Flipkart wallet. Additionally, you can get a discount of 5% on Flipkart, Myntra, and 2GUD purchases. This is an excellent way to reduce your shopping expenses. Cashback on Flipkart purchases The Flipkart Axis Bank Credit Card offers attractive cashback offers on Flipkart purchases electronics and more. This is an excellent way to save money on your online shopping expenses. Dining Benefits The card also offers dining

The Right Way to Cancel a Credit Card

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Using credit cards can help you raise your credit score and manage your money as well. However, there may come a time when you need to cancel a credit card. Perhaps you’re trying to simplify your finances, or maybe you’ve found a better card with more favorable terms. Whatever the reason, it’s important to cancel your credit card the right way to avoid any negative consequences to your credit score or financial well-being. In this article, we’ll explore the right way to cancel a credit card. Why canceling a credit card can be a good idea Before we get into the details of how to conceal a credit card, let’s talk about why you might want to do it in the first place. Here are some reasons to consider canceling a credit card: High Annual Fees: Some credit cards come with high annual fees, which can be a burden on your finances. If you’re not using the benefits that come with the card, it might be worth canceling it to avoid paying the annual fee. Better offer: Maybe you’ve found a credit

How To Check CIBIL Score Online?

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An individual's creditworthiness is indicated by their CIBIL score, which is a three-digit number. This score ranges from 300 to 900, with a higher score indicating a lower risk of default and vice versa. A CIBIL score of 750 or higher is regarded as being good. Checking your CIBIL score regularly is important to ensure that it remains in good standing and that there are no errors on your credit report. Here is a step-by-step guide on how to check your CIBIL score online. Step 1: Visit the CIBIL website The first step in checking your CIBIL score online is to visit the CIBIL website at www.cibil.com. On the homepage, you will find a section labeled “Get Your CIBIL Score & Report”. Click on this section to proceed to the next step. Step 2: Fill in the required information In this step, you will be required to provide some personal information to verify your identity. This information includes your complete name, birthdate, and address. Your email address and phone numbe

Benefits of Rupay Credit Card

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RuPay is a combination of the words rupee and payment. It is India's native payment system that complies with the Reserve Bank of India's vision of a cashless society. To provide a safe and secure payment network for buying services or goods in India and abroad, the Reserve Bank of India and the Indian Banks' Association (IBA) launched the RuPay credit card in 2017. RuPay Credit Card: What is it? The RBI's goal of establishing a cashless economy has been discovered for the first time in India with the RuPay credit card. It was created to take the place of popular foreign payment processors for Indians, such as Visa and MasterCard. The RuPay credit card was created to provide all Indian financial institutions with a domestic payment network. Additionally, it serves as a strong substitute for pricey, high-transaction-fee international payment gateways. How does a RuPay credit card work? EMV chips are integrated into RuPay credit cards to ensure secure transaction

Advantages of Converting Your Credit Card to EMI

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Numerous benefits are offered by credit cards, such as free shipping and financing with 0% interest, but earning rewards may be the most valuable perk. Rewards credit cards are available in a wide range of designs and sizes, offering cash back, points, or miles that can be redeemed for a variety of things, including statement credits, travel, gift cards, and more. However, if you do certain things, like carrying a balance, you could cancel any benefits you receive. How does an EMI on a credit card work? The way that credit card EMIs work is similar to how they work for other types of debt. The client is required to pay a specific debt balance over a specific period. In this instance, the EMI is calculated based on the interest fees levied by the bank, the customer's selected tenure, and the customer's down payment. For instance, if a customer buys something for Rs. 20,000 and pays Rs. 10,000 as a down payment, the remaining amount can be paid by the consumer in yearly inst

Perks Of IndiaOil Citi Credit Card

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One of the top fuel credit cards in India is the IndianOil Citi Credit Card . Users of this credit card receive Turbo Points as rewards, which are redeemable for free fuel at approved IndiaOil fuel stations and never expire. This card is a wonderful option for everyday spending because it also offers additional benefits on grocery purchases. You may learn all about the Citi IndiaOil credit card in detail below. Features and benefits of IndianOil Citi Credit Card With this credit card, you may collect up to 4 Turbo Points on your fuel purchases and later exchange them for free petrol at a rate of 1 Turbo Point = Rs. 1. Here are some of the details are as follows: Receive 4 Turbo Points for every Rs. 150 spent at an Indian fuel station. 2 Turbo Points per Rs. 150 spent on groceries and at the stores. 1 Turbo Point per Rs. 150 spent on all other categories. Best For Fuel Benefits Joining Fee Rs. 1,000 Renewal Fee Rs. 1,000 (waived on the yearly expenditure of Rs. 30,000) Welcome Benefit R