by Shreyansh Singh

Key Takeaways Credit cards generally offer outstanding convenience, but the high rate of interest applicable to cards can quickly turn convenience into costly debts. In India, the credit card interest rate is often seen between 36% and 42%, which is quite high. So naturally, people wonder – is interest charged on credit cards tax deductible? […]

• 29 Jan 26
• 7 mins

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by Sandipan Mitra

Key Takeaways Ever wondered how credit card limit is decided in India? It is not just a random number; your card issuer carefully determines it while processing your application, considering several factors. From your first swipe to your credit journey ahead, this limit defines your purchasing power and flexibility. New users often start with limits […]

• 29 Jan 26
• 7 mins

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by Sandipan Mitra

Key Takeaways Ever wondered what is the maximum limit of a credit card and how it shapes your spending power? This invisible ceiling decides how much you can actually spend, whether it is booking that dream vacation, shopping for essentials, or buying a luxury gadget worth ₹1,00,000.  Understanding this limit is not just about knowing […]

• 29 Jan 26
• 7 mins

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by Shreyansh Singh

Key Takeaways Last year’s reports from TransUnion CIBIL indicate an improvement in credit culture, with the share of prime-rated borrowers rising to 55%. This reflects a growing focus on maintaining healthy credit profiles. But, does every new credit card applicant need a score of 750 or more to get approved, or is there any minimum […]

• 29 Jan 26
• 7 mins

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