American Express has launched a new program just for their ultra premium top tier cards Amex Platinum charge card and the most famous Centurion card (a.k.a The Black card). This program is called the Reward Xcelerator and it does exactly what their existing program Reward Multiplier does i.e. boosts the reward rate by giving bonus reward points …
Category: Misc
Why banks devalue credit cards?
We have all encountered news regarding credit cards being devalued, or perhaps even experienced this firsthand when one of our credit cards underwent devaluation. Such an experience can leave a negative impression. You may find yourself wondering the reasons behind this and what steps to take if it happens to you. This post aims to …
Single view dashboard of all bank accounts
Axis Bank and ICICI Bank have enabled a new feature through which their customers can get a comprehensive view of their transactions across all bank accounts through the new account aggregator ecosystem. This will be a game-changer as many of us struggle with mamaging multiple bank accounts and keeping tabs on our expenses. Benefits of …
Quick guide on HDFC SmartBuy portal
If you have a HDFC bank credit card (or Debit card for that matter), you would have heard about SmartBuy and would be familiar to an extent about how it can help to earn rewards points at an accelerated rate. In case you haven't, then brace yourself and continue reading to find out several ways …
Quick guide on Amex Reward Multiplier
Amex Reward Multiplier portal is a great way boost the reward earn rate on Amex cards. When you shop on brands available on Reward Multiplier, you earn reward points at an accelerated rate and in turn get better return rate on the card. Let's look at how reward multiplier works and how useful it is …
Quick guide on Marriott Bonvoy loyalty program
Marriott is the largest hotel chain in the world by the number of available rooms. It has more than 30 brands with 8000 properties containing around 1.5 million rooms in ~139 countries. Marriott Bonvoy is the loyalty program offered by Marriott International which allows guests to earn and redeem points for various benefits and rewards …
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American Express Platinum Charge Card Unboxing
Recently, I got my hands on the Amex Platinum Charge card and here is the unboxing experience and some quick thoughts. You can read the detailed review of this card if you are looking to apply for it. Application for Card UpgradePost Application Amex Card Issuing CriteriaPrimary Card UnboxingSupplementary Card UnboxingThe CardCard ActivationGetting StartedFinal Thoughts …
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20% TCS on international spends using credit cards
Effective from July 1, 2023, the Indian government has increased the tax collection at source (TCS) rate on foreign remittances under the Liberalised Remittance Scheme (LRS) from 5 percent to 20 percent and also brought spends done via credit cards under the LRS. Let's understand how this impacts those who would use credit cards for …
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Should you close your idle credit cards?
Most of us have some at least one credit card in our wallet that we don't use anymore. And we would have thought about closing that credit card rather than carrying that dead weight. But have you ever thought about what does closing an older credit card does to your credit score and financial profile? …
6 ways to improve the credit score
As we all know the CIBIL score is a really important number for us as a higher score puts us in good light when it comes to getting approved for any kind of loan, getting a better interest rate from the lenders or availing any other financial service from the banks for that matter. Hence, …
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