Besides being a convenient mode for cashless transactions, credit cards are also preferred by customers for their extensive rewards and offers. These make credit cards a better financial product for payments than debit cards.
Various financial companies introduce attractive credit card offers to make purchases more affordable. Hence, you must apply for a card which caters to your regular expenses.
Here are five offers that you should look for when availing a credit card:
Credit cards provide attractive offers on online or offline retail purchases. These can be beneficial if you are a shopaholic or have excessive regular expenses.
Many a time, credit cards with such offers are co-branded – these come from a financial institution who is partnered with a merchant. You will receive rewards only when purchasing products from that particular merchant.
Non co-branded credit cards also come with these reward programs. You can accumulate reward points on purchasing products at multiple online as well as offline stores. Redeem these points later for cashback, discount, gift vouchers, coupons, etc.
One can even earn 15x more reward points on retail purchases using the best credit cards.
Go for cards with travel offers if you are a frequent flyer, travel more, stay in hotels, etc. These can reduce your travel expenses significantly. Travel credit cards can either be co-branded or standalone.
Companies providing co-branded cards are associated with an airline. Buying air tickets from that airline will give you travel miles. You can then redeem these miles for discounts on flight ticket purchases in the future.
Standalone cards bring reward points on air ticket purchases, hotel bookings, etc. from specific travel websites. You get the option to convert these points into travel miles.
Both these types of cards offer travel vouchers with discounts and cashback when booking tickets or hotels. They also present other benefits like complimentary admissions to airport lounges and concierge services.
The Bajaj Finserv RBL Bank SuperCard is one of the best credit cards which provides with up to 8 complimentary accesses to airport lounges. Also, you get to convert your accumulated reward points to travel miles.
Credit card offers on dining are helpful if you are a foodie and love to eat outdoors. Credit cards with such features partner with restaurants across the country and abroad. The number of partners can range from 1000 to 3000 or even more.
Dining at these restaurants, hotels, cafés, etc. enables you to receive discounts, cashback, or accumulate high reward points. For example, the Bajaj Finserv RBL Bank SuperCard provides with up to 20 reward points for every Rs. 100 that you spend on dining.
Bajaj Finserv also has pre-approved offers which make it easier to avail these credit cards by simplifying the process. Pre-approved offers additionally come with home loans, business loans, personal loans, and a host of other financial products and services. You only have to submit your name and phone number online to check your pre-approved offer.
Entertainment offers with credit cards are specifically for the movie lovers. You can earn various rewards when purchasing movie tickets with these cards. For example, get one movie ticket for free with the one you buy. Or, receive discounts which can go up to 25% when you purchase a ticket.
Check for credit card offers on fuel purchases if your expenses on the same are excessive. Credit cards providing such features are generally co-branded.
Financial organisations providing these products partner with one or more fuel companies. You receive attractive reward points when purchasing fuel from the partnered pump station. You can then redeem these points to buy fuel for free.
These cards also give fuel surcharge waiver. You may either get full or a limited percentage of waiver.
Besides the above mentioned, some financial organisations also bring exclusive offers on the following sectors.
Credit cards have offers on healthcare services at selected medical institutions. Cardholders can enjoy the following benefits:
- Complimentary consultancy
- Discounts on check-up
- Professional indemnity insurance cover
- High reward points on medical expenses
- EMI payment of insurance premiums
Fitness offers on credit cards can be enjoyed at various gyms. Get discounts on memberships or pay the same in easy EMIs through these credit cards.
8.Skin, hair, and beauty care
Several credit cards provide offers on skin, hair, and beauty care from several partner clinics. Offers generally come as EMI payment of membership or discounts on them.
Go for a financial organisation which comes with the maximum credit card offers. Also, make sure to compare the rate of interest, joining fee, annual fee, and various other charges before you apply.