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Category: Money

RBI Moratorium on EMIs & credit card dues – pay now if you can

Reading Time: 3 minutes

In response to the COVID-19 pandemic, the Reserve Bank of India announced some relief measures, including a 3 month moratorium on payments towards loan EMIs and credit card dues.

However, this RBI moratorium ended up sparking a fair amount of confusion and miscommunication among users on social media, especially on whether this was a 3 month waiver or only a deferment, and I’d tried to explain this on Twitter too.

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The American Express Membership Rewards Credit Card

Reading Time: 2 minutes

Already have a charge card and a credit card from American Express, so was somewhat surprised to get an email from them the other day about lifetime complimentary membership to the American Express Membership Rewards Credit Card.

Turns out this would be linked to my existing American Express Platinum Travel Credit Card. I recall they had launched this card with much fanfare around 2017 and back then, they were offering this card as a companion card to the Gold Charge Card.

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