Latest personal finance news and trends in India
Makemytrip.com, a online travel website, is offering upto 30% off for ICICI netbanking customers. These discounts are valid upto August 20, 2010.
Some of the salient aspects of this offer are as follows:
Domestic Flights: Upto Rs. 250 cashback
• Rs. 100 per one way ticket or Rs. 250 per return ticket (except Indigo Airlines and Spice Jet Airlines)
Bus: 20% cashback
• Max Rs. 100 per transaction on 5 unique transactions booked on five different dates
• A maximum cash back of Rs. 1000 per account
Online Hotels: Upto 30% cashback
• 30% cashback on bookings above Rs. 5,000
• 15% cashback on bookings uptill Rs. 5,000
• Max Rs. 500 per night and Rs. 1,500 per transaction
International Flights: 10% cashback
• Max Rs. 5,000 per transaction for US travel
• Max Rs. 750 per transaction to any other sector (except SAARC countries)
The deal code to be used is ICICINET. More details of this offer are available on makemytrip.com.
Travel website Yatra.com is offering upto 30% on travel bookings for ICICI Bank Credit and Debit Cardholders. This offer is valid till July 31, 2010.
How to avail these discounts:
1. Search for a flight (domestic or international) or a hotel within India at www.yatra.com.
2. Select your preferred flight or hotel and continue with the booking process.
3. On the Payment Details, enter the promotion code, that is the letters ”ICICI” followed by the first 6 digits of your ICICI Bank Credit or Debit Card Number. For example, if your card number is 5239 5134 5678 9012, the promotion code will be “ICICI523951″.
Book online using your ICICI Bank Credit or Debit card and get following benefits:
1. Get 30% discount on Hotel and holiday booking with your signature, platinum and Titanium Credit card subject to maximum to Rs. 1250/- off.
2. Get 15% discount on hotels and holiday booking within India for Gold and Silver Credit Card subject to maximum to Rs. 750/- off.
3. Get 10% discount on domestic flights subject to maximum of Rs 250/- off.
4. Get 10% discount on International Flights subject to maximum of Rs. 750/- off.
Book a train ticket on Yatra.com using your ICICI Bank Credit or Debit card and get Rs 250 off on your next hotel or holidays bookings. Just make a successful Train booking and Yatra.com will SMS the discount code to you on the Cell no. provided to it during your booking.
August 22, 2009. Citibank, one of the world’s premier full service banks, has introduced Citi Titanium Cash Rewards Credit Card with a powerful rewards program.
With this Card you earn Cash Reward Points for all your spends, anywhere. You earn 1 point for every Rs. 200 you spend on weekdays (Monday to Friday) .
On weekends (Saturday and Sunday), you earn 5X rewards, i.e., 5 points on every Rs. 200 spent.
Each point carries value of 1 Rs.
This Card comes has an annual fee of Rs. 500.
There is a excellent deal for travelers being offered by online travel booking site Cleartrip. You can get 10% off on all hotel bookings made between April 1 and April 20, 2009 using a Mastercard credit card for any date of stay.
The cash back amount is calculated on the total room tariff (exclusive of taxes and fees). You can avail of the offer more than once during the promotion period. Cleartrip notes that in case you cancel your booking the cash back amount shall be deducted from the refund amount.
Online travel site Cleartrip.com is offering a cashback deal for people booking train tickets between April 1 and April 20, 2009 for any travel date. You can book a train ticket using a MasterCard credit card and get 10% off your ticket price or Rs. 100 whichever is less.
The cash back amount shall be calculated on the total amount of your booking. You can avail of the offer more than once during the promotion period.
This is an exclusive offer from Cleartrip and certainly seems like a good offer for MasterCard credit card holders. Cleartrip has recently introduced online booking of train tickets on its site.
HSBC has introduced a Card Protection Plan on HSBC Credit Cards. This is a 24 hour card protection service for use in the event of card loss, theft and related fraud.
The plan offers to protect all your important cards and valuable documents including all your credit, debit, ATM, membership or loyalty cards.
The plan starts at less than Rs 3 per day. For this cost, it does seem like a must-have for HSBC credit card holders to protect themselves from any kind of card loss and the potential for fraud associated with such a loss.
HSBC offers a number of credit cards and debit cards.
CPP protects your cards against fraudulent use from 7 days prior to your loss report to CPP until your card is valid.
CPP will also facilitate advances towards hotel bills and arrange for travel tickets to return home.
According to HSBC, you can also register with CPP details of important and valuable documents like passport, driving license, insurance policies, etc for easy access, should you ever need these when the originals are not around or lost. CPP also helps you getting passport loss notified, when travelling abroad.
To avail of CPP, you can call any of HSBC’s contact numbers.
December 12, 2008, Ratekhoj.com. Pune was the worst victim of credit card fraud in India in 2007-08 according to a report in Indian Express. According to computer security expert Harshad Patil, Mumbai suffered the second most credit card frauds in India. Lack of awareness among the credit card users in India about potential frauds is cited as the major reason for the increase in credit card fraud activity in India.
Various mechanisms such as phishing, pharming, skimming and dumpster diving by which money can be extracted from a credit card are used by cyber criminals for credit card fraud according to Harshad Patil. People submit personal details and credit card information to fradulent emails that can then be used by criminals to do illegal transactions. Some criminals can even go through trash to find discarded receipts to get credit card information and then use the numbers illegally.
According to Mr. Patil in this report, there were underground forums where credit card numbers can be bought and sold. These forums bring together people who steal the numbers and those who use them. An individual researcher in cyber crime and cyber laws, Patil said economic offences using credit cards have increased in India and countries like US. An FBI report indicated that credit cards were largely responsible for the $ 315 billion loss the US endured from financial fraud in 2005. A study in Europe revealed that over 22 million customers fell victim to credit card fraud in 2006. “The numbers are increasing,” said Patil.