The majority of people use credit cards to gain easy access to credit. Credit cards have become an indispensable part of our daily lives. However, if credit cards are used irresponsibly, they can lead to debt accumulation, trapping you in a debt cycle. It will…
When you apply for a credit card and are denied, it can harm your credit score. Because it is a difficult query on your credit report, it will have an impact on your credit score. It may be discouraging for a while, but the time…
A credit card is the most convenient way to build credit, but you may be unable to obtain one if you do not have a good credit history or for other reasons such as a low salary, employment with a non-listed company, and so on.…
Customers in the UAE have access to over 200 credit cards, each with its own set of rewards and privileges. These cards include a slew of loyalty benefits and reward points that will benefit you in a variety of ways. You can get a percentage…
Technology advancement has greatly simplified banking goods and services. Because of technological advancements, banks and financial institutions now provide multi-layer security against fraud and counterfeiting. However, criminals continue to find new ways to duplicate products such as debit and credit cards, resulting in significant losses,…
As a result of technological advancements, improved living standards, and economic growth, people are increasingly relying on online payments for convenience and a wide range of available offers. In addition to saving time and effort, online transactions help to eliminate the need for physical contact…
Traveling abroad is always an adventure, with new cultures, foods, and traditions to discover and memories to make. Traveling abroad, on the other hand, comes with a number of expenses and risks. While your vacation is intended to be relaxing and enjoyable for the entire…
When it comes to cancelling a credit card, there are two sides to every coin. This section will go over the drawbacks of cancelling a credit card. Credit Timeline Has Been Reduced Credit card usage is closely monitored by the authorities who determine your credit…
Credit cards are one of the most widely used financial instruments in today’s world, and they have found their way into almost every wallet and pocket, not just in the UAE, but worldwide. Credit cards, when used correctly, can be a wonderful financial tool, allowing…
What exactly is credit card fraud? Credit card fraud occurs when someone obtains your credit card information and uses it for personal gain. Scammers and fraudsters always find a way to get their hands dirty because they have an uncanny ability to find technological flaws.…