SBI offers cashback credit cards that allow customers to earn cashback on their purchases. These cards come with a structured cashback program, offering a percentage of cashback on different spending categories. They also provide welcome benefits, accelerated cashback rates, and flexible redemption options. Additional perks include discounts, fuel surcharge waivers, and airport lounge access. With user-friendly online account management, customers can apply based on income and credit score eligibility. Read More: https://cardinsider.com/sbi-card/cashback-sbi-credit-card/

Everyone is familiar with personal credit cards and credit scores these days, but have you heard of a business credit card? All major banks and card issuers issue business credit cards, just as they do personal credit cards for personal use. These cards are only available to registered corporations and are only for business expenses. However, in order to obtain these cards and other types of business loans, a business credit score is required. If you want to build your business credit, you might be looking for ways to do so as well.

• Create a business entity, such as a corporation or a limited liability company (LLC), and obtain a separate Employer Identification Number (EIN) from the IRS.
• Create a business bank account and credit card to be used solely for business expenses.
• Pay bills and invoices on time to demonstrate a track record of punctuality.
• Use credit wisely by not exceeding credit limits and keeping a low credit utilisation rate.
• To demonstrate your creditworthiness, apply for a small business loan or line of credit.
• To establish your business credit profile, obtain a D-U-N-S number, which is a unique nine-digit identification number assigned to your business by Dun & Bradstreet (D&B).
• Request trade credit from your suppliers, which will be reported to business credit bureaus.

• Keep the credit bureaus informed of any changes in your company's information, such as address or ownership.
• Monitor your credit reports on a regular basis to ensure accuracy and to correct any errors.
• To avoid a negative impact on your personal credit score, keep your personal credit separate from your business credit.

For more information refer to: https://cardinsider.com/blog/tips-to-build-your-business-credit-score/

A secured credit card is a type of credit card that is backed by a security deposit, which acts as collateral for the credit limit. Because the deposit acts as collateral, lenders may be more willing to approve applicants with limited or no credit history. Secured credit cards can be a helpful tool for individuals who are trying to establish credit.

Here are a few ways a secured credit card can help you establish credit:

By using a secured credit card responsibly and making timely payments, you can demonstrate to lenders that you are a responsible borrower. This can help you build a positive credit history, which can lead to better credit scores and more favorable lending terms in the future.

Credit utilization is the amount of credit you're using compared to your credit limit. It's important to keep your credit utilization low to maintain a good credit score. A secured credit card allows you to establish credit utilization as you're required to make a deposit that will be your credit limit.

As you make payments on time, the credit bureaus will report your positive payment history, which will help improve your credit score.

Once you've built a positive credit history and improved your credit score, you may be able to qualify for an unsecured credit card, which doesn't require a security deposit.

It's important to note that not all secured credit cards are created equal, so it's important to carefully review the terms and conditions before applying for one. Look for a card that reports to the credit bureaus and has a low annual fee. Also, it's important to use the card responsibly, make payments on time, and keep your credit utilization low to ensure that you can establish credit.

For more information refer to: https://cardinsider.com/blog/how-a-secured-credit-card-can-help-you-establish-credit/

Both the HDFC Diners Club Premium Credit Card and the HDFC Regalia Credit Card are high-end credit cards provided by HDFC Bank. The HDFC Regalia Credit Card is a travel-oriented card, whereas the HDFC Diners Club Premium Credit Card is a dining-oriented card. This is the fundamental distinction between the two.

Difference: 

The HDFC Regalia Credit Card might be a better option for you if you frequently travel and desire a credit card that provides a variety of travel-related features and incentives. This card offers savings on hotel reservations, free golf rounds, and access to airport lounges, among other advantages.

The HDFC Diners Club Premium Credit Card, on the other hand, might be a better option for you if you enjoy dining out and want a credit card that provides a variety of dining-related advantages and points. This card's advantages include access to exclusive dining events as well as dining discounts and deals at particular restaurants.

Conclusion:

The decision between the two will ultimately come down to your particular tastes and spending patterns. Consider carefully comparing the features and advantages of each cards before selecting the one that best suits your requirements.

Refer to: https://cardinsider.com/blog/hdfc-regalia-vs-hdfc-diners-club-premium-credit-card/

Many people make resolutions to manage their money better in the coming year, but many don't concentrate on how to actually carry them out. If you use a credit card, you might be thinking about making resolutions to reduce your credit card use, pay off debt, and other related objectives. More important than this, though, is comprehending the technique and the procedures that must be followed for it.

Maximize Your Credit Card Benefits in 2023

Here are some pointers to help you make the most of your credit card's advantages in 2023:

On time bill payment:

In addition to fees and interest costs, late payments can lower your credit score. Pay your credit card bill promptly. Make sure to pay your credit card bill on time to avoid these issues.

Use your credit card for regular purchases: Using your credit card for regular expenditures like gas and groceries will hasten the earning of points.

Take advantage of sign-up bonuses: For completing spending requirements within a specified term, many credit cards provide sign-up benefits, such as cash back or points. Consider applying for a new credit card that has a decent sign-up bonus if you intend to do so.

Employ your rewards:

Keep your prizes from being wasted! Whether you redeem your rewards for cash back, statement credits, gift cards, or travel, remember to do it frequently.

Knowing the rules and regulations:

To ensure you understand the terms of your credit card agreement, make sure to read the fine print.

For more information refer to: https://cardinsider.com/blog/tips-to-maximize-your-credit-card-benefits-in-2023/

If you plan to use your credit card for online shopping, here are some things you should consider:

Security: Look for a credit card that offers added security measures, such as fraud protection or virtual card numbers, to help protect your account and personal information while shopping online.

Rewards: Many credit cards offer rewards programs that allow you to earn points, miles, or cash back on your purchases. Look for a card that offers extra rewards for online shopping, or one that has a general rewards program that includes online purchases.

Fees: Credit cards can come with various fees, including annual fees, balance transfer fees, and foreign transaction fees. If you plan to shop online from international retailers, look for a card with low or no foreign transaction fees to save money on your purchases.

For more information refer to: https://cardinsider.com/blog/choosing-a-credit-card-for-online-shopping-things-you-must-know/