How Banks Make Money from Credit Cards in India
Interchange, finance charge, annual fee, late fee — the four revenue streams and what they mean for you as a cardholder.
Anika Iyengar6 min readRead more
Verified 2 Aug
Tag
Editorial posts on FinWiz24 that are primarily about credit-score. Tags are applied during the weekly editorial review — not auto-generated — so every entry here is a piece our team judged relevant to this specific topic. Posts are sorted newest-first; use the page controls to load older entries.
Interchange, finance charge, annual fee, late fee — the four revenue streams and what they mean for you as a cardholder.
You have a salary account, a steady income, and zero credit history. Here's what to do in the first 12 months.
30% of your CIBIL score depends on how much of your credit limit you use. Here's the optimal strategy.
Wrong balance, closed account shown as open, missed payment you didn't miss. Here's how to fix it.
Paying only the minimum, missing payments, closing old cards — the mistakes that add up to thousands in lost rewards and fees.
Pay the full balance, never share your PIN, hotlist immediately on loss, and 7 more rules every cardholder should follow.
Income, UPI, debit cards — none of these affect your score. Here's what's myth and what's fact.
Both cards have a 16-digit number, a CVV, and a logo. The differences are in who pays, what it costs, and what you get back.
Your CIBIL score is a number, not a verdict. Here's how it's calculated, what moves it, and what doesn't.
How to qualify, what to apply for, and the four mistakes to avoid on day one.
If you've never had a credit card, start here. The basics in plain English, with no jargon.
