CorpBank launched Visa - Classic and Gold Credit Card

State Owned Corporation Bank just a while ago launched Credit Card in association with VISA. The card is branded as CorpBank International Visa - Classic and Gold Credit Cards. [On your Left is Photo of RBI Deputy Governor V leeladhar with CorpBank CMD, Sambamurthy]

Since it is a VISA card, you can use it wherever VISA is accepted. Some of the good features of this card are as follows.

• The credit card will have card holders Photo and digitally imprinted signature. [This is absent in HDFC and ICICI credit cards]
• Interest rate is lowest at 1.75% per month compared to others
• Customer can set his own credit limit [Absent in most other cards]

Readers of our website should note that their is no Annual Fees / Joining fees on this card as an introductory offer. Also you will get Cash Back and petrol Surcharge waiver.

Tags: India Credit Card, VISA, CorpBank, India

$1.5 Billion ripped off from Indians

Credit Card companies operating in India have ripped off Rs 6,000 crore or USD 1.5 Billion in 10 years from innocent Indian consumers. The Rs 6,000 crore has been ripped off as EXTRA CHARGES.

In some cases, customers who happen to default repayment, the situation takes a unhealthy turn with the ‘goondas´ turning up on behalf of the bank.

Caution: Their is a Bangalore based company which claims to be set up for the welfare of Credit Card Holders, but when I went through the enrollment form it is asking for my Name,Address and Credit Card Numbers. Why do they want my credit card numbers ? Never disclose your credit card number and expiration date to anybody.