How do we use cards in India? RBI releases a bulletin every month containing such data and we can see how much cards have been used over time. Additionally, I add commentary on other payment systems. (Inspired by Medianama’s chart on ICICI Bank cards) First, the Numbers Debit cards, ever since the numbers have been [...]

Posted in Charts, Credit Repair, CreditCards Comments Off

Reader PB asks over email: Apart from Interest, ICICI Bank Credit Card Statement always include Service charge and Insurance charge. Is it right for the Bank to charge me these items though I have not signed any insurance form? One fine …

Posted in Credit Repair, CreditCards Comments Off

Subramoney talks about how his credit-card payment went for a toss, with ICICI Netbanking failing when he most needed it, and he had to pay a fine. A suggestion via a comment was to do auto-debit instead. But that’s a HUGE mess – I wouldn’t recom…

Posted in Credit Repair, CreditCards Comments Off