If your credit card is lost, stolen, or you suspect unauthorized use, block it immediately through your bank's mobile app, internet banking, customer care, or branch. Blocking the card promptly helps prevent unauthorized transactions and reduces the risk of financial loss.
Not all credit cards are completely free. Some are lifetime free, while others charge annual fees or require minimum spending to waive fees. Additional charges such as late payment fees, cash withdrawal charges, and interest may also apply. Always review the card's terms and conditions before applying.
RBI data shows Indians are moving away from debit cards as UPI and credit cards become more popular. UPI’s speed and convenience, along with credit card rewards and easy credit access, are changing payment habits across India.
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