Research firm Nielsen released its latest report the “Nielson Global Online Survey on Internet Shopping Habits” with some interesting facts on online shopping behavior from online shoppers around the world. According to the survey India came in third with 84% of internet users using credit cards for online shopping behind 91% Turkish and 86% Irish
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
Online travel portal Cleartrip just announced the launch of an upgrade to its payment system which now accepts debit cards from HDFC Bank and Axis Bank. That’s not all, it also announced that they are now accepting international credit cards from Visa and MasterCard. Most travel portals and airline websites in India had stopped accepting
As part of its retail banking expansion plan, Kotak Mahindra bank plans to launch its credit card business by March 2008. Kotak Mahindra will launch credit cards targeted at high net worth individuals. The bank plans to launch the silver, gold and platinum credit cards. www.india-creditcards.com will be the place to watch out for these
Jet Airways’ JetPrivilege, the frequent flyer programme from India’s leading airline has entered into a ‘credit card points to JPMiles conversion’ partnership with two leading multi-national banks, Barclays Bank PLC and Deutsche Bank. With this, valid Barclay Bank credit card (Barclaycard) holders based in India will have an opportunity to redeem their reward points towards
Deccan the low cast carrier has announced a special offer “SBI card Flat Fare” for SBI credit card holders. As per the offer SBI credit card holder will get a flat fare of Rs.499 (basic fare) plus taxes and surcharge when booking tickets on Deccan using their SBI credit cards. The offer is valid only
With more and more banks deciding to part with free insurance cover and offer free for life credit cards, HDFC has joined the list too. The bank has withdrawn its insurance cover on the platinum plus credit card as of January 1, 2008. They join a list of banks that feel offering other meaningful goodies
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