Owning several credit cards can be an advantage — but only when you manage them. Done well, multiple cards can boost your credit profile by improving credit utilisation, building a reliable repayment history, and strengthening your credit mix. Handled poorly, they can trigger high interest charges, missed payments and a lower credit score. How multiple … Read more
Why a strong credit mix matters Your credit score reflects not just whether you pay on time, but how you handle different kinds of borrowing. A balanced mix of loans (installment credit) and credit cards (revolving credit) signals to lenders that you can manage both long-term obligations and flexible credit lines. That diversity can improve … Read more
HDFC Bank offers up to 10,000 bonus Marriott Bonvoy points HDFC Bank is running a limited-time bonus points campaign for holders of the Marriott Bonvoy HDFC Bank Credit Card. Cardmembers who spend up to Rs. 2.5 lakh on the card between 1 October and 30 November 2025 can earn up to 10,000 bonus Marriott Bonvoy … Read more
Personal loan interest rates vary widely across lenders. Below is a clear, easy-to-read guide that lays out typical rates by lender type, explains what drives the differences, and gives practical tips to help you find a better deal. Indicative interest rates by lender type Large public banks: Typically lower, more conservative ranges — ~9%–14% p.a. … Read more
Nominee on a fixed deposit is not the same as owner Being named as a nominee on a fixed deposit (FD) makes it easier for banks to identify who to pay after the depositor’s death. It does not turn the nominee into the automatic owner of the funds. Legal heirs and beneficiaries named in a … Read more
Make irregular income predictable When paychecks arrive at different times or in different amounts, the first step is to turn uncertainty into data. Track every payment and expense for several months to understand your cash-flow pattern. That gives you a realistic baseline to plan from, rather than guessing. Build a buffer that fits your risk … Read more
The Employees’ Provident Fund Organisation (EPFO) has moved to extend the time period for full withdrawal of provident fund savings. The change is meant to protect retirement nest eggs, but it also raises fresh challenges for migrant workers, retirees, and people who need quick access to funds during emergencies. What the change means Under the … Read more
What is Dynamic Currency Conversion (DCC)? Dynamic Currency Conversion, or DCC, is a payment option offered at some shops, restaurants and ATMs when you use a foreign card. It lets you see the bill in your home currency at the point of sale instead of the local currency. Why it feels convenient Seeing the charge … Read more
Safe choices with different strengths Both the public provident fund (PPF) and fixed deposits (FDs) are conservative, low-risk ways to grow money with assured returns. They shine for capital preservation, but they differ in three key areas: lock-in period, rate of return, and tax treatment. Knowing those differences helps you match a product to your … Read more
When stopping a mutual fund SIP makes sense Discontinuing a mutual fund SIP is not always a mistake. A systematic investment plan is a powerful tool, but circumstances change. Sometimes the goal you were saving for is achieved, a better opportunity appears, or your risk tolerance shifts. Stopping a SIP can be a smart, deliberate … Read more