People keep multiple credit cards for a host of reasons. They might need extra credit or want to increase their credit score and want more benefits out of that spending. But, whatever be the reason, here are some easy and Quick tips to help you manage multiple credit cards with ease and efficiency Table of Contents Quick tips to help you manage multiple credit cards with ease and efficiency Don’t use multiple cards Avoid carrying a balance Payback your balances on time Skip cards with annual fees Pick the right card for your purchases Keep tabs on your purchases Consider the impact on you ..read more

During the prolonged lockdown, everybody is strapped for cash. If you are thinking to apply for a new credit card instead, it might be a good or an equally bad strategy. Therefore, here are 5 things that you must keep in mind before you apply for a new credit card amid COVID-19 Many small businesses are suffering extensive revenue losses due to COVID-19. A lack of manpower has increased the demand for credit not only in the UAE but across the globe. People around the world are compelled to apply for new credit lines to compensate for the lack of capital. But before you try to do the same, here ..read more

Here’s how to calculate your interest on credit cards in UAE It is important to know how to calculate your interest levied on your credit card because when you fail to pay off your views on time, your credit card company or bank imposes interest on the outstanding amount. It is important that you know the process of the imposition of this amount so that you can reduce it in the future. Read on to know all about the calculation of your interest on credit cards in the UAE…  calculating interest on credit card Table of Contents Here’s how to calculate your interest on credit cards in U ..read more

Although many credit cards offer you rewards and points, there are many credit cards that are made specifically for the traveller in you! These travel credit cards have different rewards and different ways of redeeming them. Let us examine two of the most basic traveller credit cards that you can have and make the most use of for your travel fancies Differences between Air Miles credit card and Airport Lounge access cards airport lounge credit card Table of Contents Differences between Air Miles credit card and Airport Lounge access cards Air miles credit cards Credit cards with airport ..read more

Responsibility is key when you use a credit card regularly. Paying your bills on time is one of the most important things you have to do to make sure you are not ruining your chances of a new credit card in the future. Read on to know the 7 damaging effects of not paying your credit card bills on time… credit card bill payment Table of Contents Read on to know the 7 damaging effects of not paying your credit card bills on time… Debt collectors: Deposits of your security cheques: Cheque bounce: The police get involved: Damaged Credit score : Future loan Applications: Increased penalties ..read more

Balance transfers are a good way to pay down an enormous credit card debt. However, balance transfers can also hurt your credit score. It is necessary for all credit cardholders to know these five facts to prevent that from happening   balance transfers Balance transfers can help improve a credit score: Someone with an excellent credit score may qualify for some of the best balance transfer cards. However, those who cannot still qualify for good deals, but may not be granted initial credit lines that are sufficient enough to transfer large balances. Customers in this situation want to ..read more

Your credit score is a reflection of your credit history. If you have a great credit score, you will have no problem getting a loan or another credit card from banks. However, if you have a bad credit score it might spell trouble out loud for you. Therefore, here are five tips that will help you build a strong credit score in the UAE. credit score Make your payments on time: When your credit card bill is due every month, make sure that you pay back all your dues on time so that interest does not get added to your credit account. Your credit score can take a huge hit if you do not make payme ..read more

Was your application for a personal loan rejected once again but you don’t have any idea Why? There is a number of reasons for loan applications are usually rejected by banks. Banks are extremely cautious about checking your eligibility criteria for loan approval. They are likely to reject the application when you do not reach their requirements. In this article, we will let you know, What could be the reason to reject your personal loan application Loan rejection Table of Contents What could be the reason to reject your personal loan application Employment Type  (salaried or self ..read more

Getting a credit card a pretty easy thing for everyone in the present world. Making a payment with a credit card is became quite common. While you make a purchase with your credit card, know that you have the cash for it to pay later. some times you may need to cover expenses on credit, such as emergency or unforeseen expenses, but using a credit card shouldn’t be a habit. Owning many credit cards and not having an idea about how to use them will definitely land you in hot water. Failing to have knowledge of how these credit cards work can often result in massive amounts of debt, where yo ..read more

A debt makes your life stressful.No matter what is your circumstance to take it, once you sign for it you are supposed to repay it back even if you are in situations like losing a job, met with an accident, or additional expense with your newborn. Sometimes debt can also be taken for over expenditure on like too much holiday spending luxury etc. Not everyone is stuck in their debts. Many people are getting out of the debt every single day, I think you would also be in those people by following these tips that will help you out of debt. Here are 5 simple steps to help you eliminate your debt d ..read more