Akhil's Blog

Credit card companies often change the variable annual percentage rate (APR) associated with their credit cards. A variable APR is a rate that can change based on factors such as changes in the prime rate or changes in the borrower's credit score. Credit card companies typically have the right to change the APR at any time, but they must provide advance notice to cardholders before doing so. The frequency of these changes can vary depending on market conditions, regulatory requirements, and the credit card issuer's business strategy. Therefore, it is important for credit card users to stay up-to-date on any changes to their card's APR and to understand how these changes can impact their finances. Credit card companies in India may change variable APRs from time to time based on several factors. Here are some points to consider: Economic conditions: Credit card companies may change variable APRs in response to changes in the broader economic conditions in the country. For e...

A credit card is a financial tool that provides a convenient way to make purchases and payments. It also offers various benefits such as reward points, cashback, and discounts. However, not everyone is eligible to get a credit card. Each credit card has specific eligibility criteria that must be met by the applicant. Let’s discuss the eligibility criteria for applying for an Axis Bank ACE Credit Card .   Axis Bank ACE Credit Card is a premium credit card that provides exclusive benefits and privileges to its cardholders. It is designed to meet the lifestyle needs of the modern-day consumer who is looking for convenience, luxury, and affordability. In order to qualify for the Axis Bank ACE Credit Card, there are certain criteria that applicants must meet. Age: Applicants must fall within the age range of 18 to 70 years old to be eligible for the Axis Bank ACE Credit Card. This age limit ensures that the applicant is legally allowed to enter into a credit agreement and has a re...

As the world moves towards cashless transactions, the demand for reliable and convenient payment options is on the rise. RuPay Cards, a product of the National Payments Corporation of India (NPCI), offer a range of benefits that make them an excellent payment option for individuals and businesses in India. From lower transaction costs to wider acceptance, customized rewards, cashback offers, and benefits for Indian consumers, RuPay Cards have a lot to offer. We will take a closer look at the benefits of RuPay Cards, including rewards and cashback offers, and why you should consider getting one. Lower Transaction Cost One of the most significant benefits of using a RuPay Card is the lower transaction cost. Since transaction processing occurs domestically, the cost of clearing and settlement for each transaction is reduced, resulting in a more affordable transaction cost. This makes RuPay Cards an ideal choice for people who frequently make transactions and want to save on transacti...