Central Bank of India to Launch – Debit Cum Credit Card

CBI - Debit Cum Credit CardState owned Central Bank of India has embarked on an innovative product for Indian Consumers – Debit Cum Credit Card which will be launched very shortly according to the management of the bank in a release to CardBhai. The Card will automatically act as a Credit Card when Customer’s Bank account Runs out of Funds which is linked to the Debit Card.

S Das Gupta GM of Cards Division told,

Read moreCentral Bank of India to Launch – Debit Cum Credit Card

Unused Credit Cards – Don’t Hand it Over to Anybody / Not Even Bank Agents

Credit Card IndiaThe Kolkata Police have busted a Credit Card racket involving unused credit cards. The modus operandi set by the thieves was to call credit card holders and tell them since their card is not in-use they’d be levied charges between Rs2000 to Rs 4000. Hearing this, the consumer would retaliate and the thieves would let such consumers go and for the others they’d offer that the bank will cancel your card and an agent will be sent to your home to pick up the same. Bingo! once the consumer approved of cancellation, one of the racketeers would visit as a Sales Agent with perfect dressing and make them sign-over some documents to make it appear as legal and then collect the card.

Once the card was in their hands,

Read moreUnused Credit Cards – Don’t Hand it Over to Anybody / Not Even Bank Agents