Forum

Credit card is a very handy tool for your purchases or immediate cash requirement. It can be wondrous for some and a nightmare for others. Everything depends on how one manages their credit card bills. 

Getting approved for a credit card is difficult when you have poor credit scores. But, it isn’t impossible. But, the catch here is that, even if you’re approved for a credit card with poor credit score, you may not land the best deal. The benefits available on your card will differ from a regular credit card holder. 

SBI charges a cash advance fee of 2.5% of the amount withdrawn or Rs.300 (whichever is higher). For international transactions, a fee of 3% of the amount withdrawn or Rs.300 (whichever is higher) is levied. 

Unlike a debit card, everytime you use a credit card to withdraw cash from an ATM, you will be charged cash withdrawal fees (also known as cash advance fees). Everytime you withdraw money through your credit card, you are charged with a transaction fee which will be added to your next month billing cycle.

To increase ICICI bank’s credit limit, you can simply request for it by getting in touch with your bank without any charges. Here is everything you need to know about requesting a credit card limit increase with ICICI.

For both these options, the first step is to check your eligibility with the bank. Make sure that your KYC with the bank is updated whenever there are any changes. The bank may also require you to provide additional information regarding your current income status when you apply for a credit limit increase.

SBI Card regularly identifies select cardholders for a Pre-approved Credit Limit Increase offer based on internal risk policies. 

Kotak Mahindra Bank determines the credit limit for each credit cardholder based on several factors. Active users who pay their bills on time will get an automatic increase on their credit limit every year. The user’s spending pattern is scrutinized by the bank regularly to determine the increase in credit limit that can be offered to each customer. 

The credit limit of your RBL credit card will be mentioned when you receive the card. You can also find it on your monthly statement. However if you wish to increase the credit card limit, you can visit the bank’s branch and request the credit card limit to be increased.

Punjab National Bank offers an array of credit cards to benefit its customers. The credit limit for your credit card is notified at the time of delivery of the card. If you wish to get your PNB credit card limit increased then you can write to the bank asking the same. 

Card Holders can visit the nearest Induslnd bank branch and request the bank official to guide them through the card limit upgrade process.

To increase Citi credit limit, you can simply request for it by getting in touch with your bank. Here is everything you need to know about requesting a credit card limit increase with Citi.

HSBC allows its customers to enjoy a number of benefits on its credit card. Likewise if the customers wish to get their credit card limit increased, then they have to meet the following criteria

There are several ways to increase the Standard Chartered Bank credit card limit. You can walk into your bank's home branch to request the increase in credit card limit or you can complete the process instantly via the authorized website of the bank.

If you wish to increase your Amex credit card limit you can request the same on your personal or small business (OPEN) card. American Express makes it easy for credit cardholders to place a request for a credit limit increase online directly on the American Express website.

Credit limit is the maximum amount given to a borrower that can be outstanding for a specified period of time on a credit card. The cardholder is notified of the initial credit limit that is offered by the issuer at the time of delivery of card and also via the monthly credit card statement. 

When a policy matures, the policyholder can claim the maturity benefits offered by the plan from the insurance company. The insurance company will provide a fixed amount for traditional policies and a variable amount for market linked policies such as ULIPS after the policy matures.

When you borrow money from your life insurance policy, the loan should be repaid during the policy term. Here the borrower has the option of paying back only the interest amount or pay back principal along with the interest. If you choose to pay only the interest amount then the principal amount will be subtracted from the settlement amount at the end of policy during settlement. 

Yes, you can withdraw money from a kisan credit card. This was made with the sole purpose to help farmers to make necessary purchases and to withdraw money whenever required at all PoS outlets. Withdrawal of cash from the kisan credit card is a unique feature offered to the users of this card.

Yes, you can take out a loan on your credit card. This is a kind of personal loan. If you are using a credit card then you can apply for an instant loan against your card. When you apply for a personal loan generally then you will be required to produce related documents in support of your eligibility.

There are two types of car insurance plans offered in India. They are Comprehensive car insurance policy and Third-party car insurance policy. The main difference between third-party and comprehensive insurance is the kind of coverage it offers.