Author name: Nikhil Bansal

You are browsing online and the checkout page gives you two options: pay with your credit card, or split the purchase into easy instalments with a BNPL service. Both look convenient. Neither feels like real spending in the moment. That is exactly the trap. BNPL — Buy Now Pay Later — has expanded rapidly across […]

You open your credit card statement in March and see a line item that should not be there: Annual Membership Fee — ₹999 plus GST. You thought you had spent enough to avoid it. You did not check the MITC. The bank charged it anyway — and the dispute window is closing fast. This is

Rohit in Pune wants his wife to handle household expenses and his son to manage college costs — without handing over cash or juggling multiple bank transfers. An add-on credit card sounds like the easy answer. And it often is. But before Rohit applies, he needs to understand one thing clearly: his wife’s ₹35,000 grocery

You missed a few credit card payments during a rough patch — a job gap, a medical bill, or just a month where everything went wrong at once. Now the bank is calling, a recovery agent has made contact, and there is a settlement offer on the table. Pay ₹50,000 instead of the ₹80,000 you

Most Indians now pay their credit card bills through UPI apps — it takes under a minute, and your bank account is right there. But convenience and safety are not the same thing. A UPI debit confirmation is not the same as your card issuer posting the payment. Miss that distinction, and you could face

Your credit card statement arrives every month — and most people glance at the total payable number, transfer the money, and move on. That one habit costs more than it should. A credit card statement contains far more than a single amount. It shows your billing cycle, payment due date, transactions, fees, interest charges, reward

Your credit card statement says you earned 3,200 reward points last month. That sounds like a good deal — until you do the actual math. If each point is worth ₹0.25, that is ₹800 gross. Subtract a ₹99 redemption fee, add 18% GST on that fee, factor in your card’s ₹999 annual fee spread across

If you use a credit card for everyday shopping, travel or EMIs, you have probably wondered: am I damaging my CIBIL score every time I swipe? Understanding how credit cards affect CIBIL score is less complicated than most people think — it depends almost entirely on how you use the card, not on the card

You paid the minimum amount due before the due date. Your account shows no overdue amount. And yet, the next credit card statement arrives with a line called “finance charges” — sometimes ₹300, sometimes ₹900, sometimes more. This is what the credit card interest rate actually looks like in practice, and it catches most first-time

Your credit card statement shows two numbers: ₹50,000 as the total amount due and ₹2,500 as the minimum amount due in credit card. The smaller figure looks manageable — pay ₹2,500 this month and handle the rest later. That decision, made once out of convenience and repeated out of habit, quietly sets off a cycle