Plastic promises

Featured articles, Money

You can check interest rates and grace periods on credit cards yourself, but how do you know which banks offer the best (and worst) after-sales service? Our 10-city survey reveals all

Credit cards have become as acceptable as cash with most urban retailers in India, and this reflects the rapid growth in their use.

Credit card companies have been actively soliciting potential customers, often quite aggressively, and it isn’t difficult to get one. But has customer service kept pace with increasing penetration and choice?

To find out, we conducted a survey (see ‘Our survey’, above) to see how satisfied customers were with their credit card company. More than eight respondents in 10 had been using their credit card for at least a year.
Overall, we found that most people had a single credit card, though this number was a little higher in some cities. Credit card users were very loyal to their companies – most respondents in our survey had never switched cards.

 

TO READ FURTHER...
Please Login, Register or Subscribe

User Login Wiget

Articles by Category

Featured Articles

  • Rights of a loan defaulter

    We guide you on how to avoid missing a loan instalment, and what to expect if you do. Plus, ways to improve your credit score if you have already defaulted on your loan

  • Is your card secure at ATMs?

  • Buying a home

    We look into the details you need to be aware of before you buy property

  • Investments in 2012

    Times of volatility call for a reassessment of financial goals rather than a blind elimination of risk. Here’s our advice for investing in the new year

  • CREDIT CARDS

    Find out which of the 12 credit card issuers came up tops in our nationwide survey

Archive

  • Apr ‘12

    Cool comfort, CNG cars, Child obesity…

  • Mar ‘12

    Camcorders, Cars launching soon, Healthy breakfast…

  • Feb ‘12

    Washing Machines, Bridge Cameras, Ketchup Test…

  • Jan ‘12

    Mobile Phones, Enery-saving light bulbs…

All Back Issues

Terms and Conditions.
© BGG Information 2010,
Site Developed and Maintained by Hill Road Media Services Pvt. Ltd.
.