The number of active credit cards in India has dropped by almost 35 percent in the last three years as banks withdrew cards from defaulters and became cautious in issuing new ones, an industry survey revealed. The number of active credit cards in India has steadily dropped from a peak of 2.75 crore as on
Citibank today launched a new credit card that will give frequent flyers the chance to earn mileage points when they fly on more than 50 domestic and international airlines. Till now, air travellers could only accumulate mileage points by flying on a single airline. “The Citibank PremierMiles Credit Card differentiates itself by offering frequent flyers
Citibank India has launched its Platinum Select Credit Card initially in New Delhi and Mumbai.
The ‘2 in 1 transit credit card’ is a first of its kind in India and offers many exciting privileges to the Delhi Metro users.
Following the lead of other banks like Citibank India, SBI today launched a campaign to educate credit card users on using credit wisely. This move comes after the RBI had suggested that banks educate their consumers on how to avoid credit card and loan debt traps. The campaign not only focuses on high interest credit