IndianOil Citibank Credit Card
HDFC-Platinum plus credit card
Citibank Cash back card
Don't have cash but want to buy the lovely shirt you just saw. You can do that if you have a Credit Card. But make sure you are able to pay off the entire amount due at the end of the month or you will be stuck with very high interest bills. While choosing your credit card find out about the joining fees, annual fees, add-on card fees, cash withdrawal fees, interest on cash withdrawal, interest rate if you are not able to pay the full amount due at the end of the month and freebies such as fuel surcharge waiver on filling petrol.
By filling in the form alongside you can choose from among the leading banks issuing credit cards in India. And compare their offerings.
Credit card business with Non-banking institute has raised the NPAs
Credit card business gets tougher for banksApnaloan.com Research Bureau
27 Jun 2008
Banks entering into a credit card business with non banking association are struggling. A joint venture of SBI Cards with GE money ran into huge high in non performing assets. As reported by Mint RBI official who didn't wish to be identified said, "banking pertaining with non banking companies for credit card venture partner is not acceptable. It is important that the joint venture partner is regulated by a banking regulator in the geography it comes from"
Earlier this year, Punjab National Bank's proposal to enter into a joint venture credit card business with insurer American International Group(AIG) and Venture Infotek Global Ltd. RBI official further added "We do not want any bank to come to us and clarify that the rising non performing assets and customer complaints in the business is on account of the joint venture partner and not the bank. Banks should have full control in the day to day running business"