Sachin Sharma

Credit cards have come a long way from just being a way to make payments. Nowadays, there are credit cards that offer rewards and benefits to consumers. One such popular type is the cashback credit card . These cards allow users to earn cash rewards based on a percentage of their spending. This gives people an opportunity to save money while making their everyday purchases. In this article, we will explore the latest trends and innovative reward structures in cashback credit cards. By understanding these trends, consumers can make informed decisions and make the most of their cashback benefits. Increasing Cashback Categories: One of the recent trends in cashback credit cards is the expansion of eligible categories. In the past, these cards only offered rewards on specific categories like groceries or fuel. However, now issuers are including a wider range of spending categories such as dining, travel, online shopping, and even subscriptions like streaming services. This means that...

Managing multiple credit cards can be both beneficial and difficult. Having multiple cards increases your purchasing power and potential rewards. On the other hand, it requires careful structuring and responsible financial management. Let's go over some effective strategies for managing multiple credit cards in order to avoid debt, maintain a good credit score, and maximise the benefits they provide. Understand your credit cards Before attempting to manage multiple credit cards, it is important to thoroughly understand the terms and conditions of each card. Learn about each card's interest rates, credit limits , payment due dates, and rewards programs. This information will allow you to make informed decisions when using your cards and avoid surprises. Stick to a Budget Setting up a budget is essential for effectively managing multiple credit cards. Make a detailed budget that includes your monthly income, necessary expenses, and debt repayment plans. Setting aside mone...

For travelers and frequent flyers, having a credit card with the right benefits can be a game-changer. Not only can it save you money on travel expenses, but it can also provide perks and rewards that enhance your travel experience. The top credit card benefits for travelers and frequent flyers include earning points or miles for every dollar spent on travel-related purchases, access to airport lounges , travel insurance, and no foreign transaction fees. With so many options on the market, it can be overwhelming to choose the right credit card. However, by understanding the key benefits, you can make an informed decision and choose a card that suits your needs and preferences. Credit Card Benefits for Travelers and Frequent Flyers: 1. Rewards points or miles: One of the biggest benefits of travel credit cards is the ability to earn rewards points or miles for every dollar spent on travel-related purchases, such as flights, hotels, and rental cars. These rewards can be redeemed for free...

Managing personal finances can be a daunting task, but it's essential to ensure financial stability and peace of mind. One area that requires careful attention is credit card usage. While credit cards offer convenience and rewards, they can also lead to debt if not managed properly. Two key aspects of credit card management are statement balances and budgeting. Understanding your statement balance and creating a budget can help you stay on top of your expenses and avoid unnecessary debt. In this article, we will discuss these concepts in more detail and provide tips for managing your finances effectively. Statement balance and credit card budgeting: Understanding your statement balance:  Your statement balance is the amount you owe on your credit card at the end of a billing cycle. It includes any purchases, balance transfers, and cash advances made during that period. Understanding your statement balance is essential as it determines the minimum payment due and the interest charg...