A good credit score is crucial to gain access to the best credit cards and is key to qualifying for mortgages, securing the best car insurance premiums, and applying for loans.
Credit card spends have climbed fast and hit a record high in May. The amount of money customers spending online through credit card was also quite high. Data released by the Reserve Bank Of India shows card spending in May reached ₹1,14,000 crore. Get more Personal Finance News and Business News on Zee Business.