What if your credit card didn’t just facilitate spending, but also helped you make money? Sounds too good to be true? Well, that’s the reality in the world of credit card rewards and cashback, where every swipe can bring you financial benefits.
Proven strategies for maximising cash back and rewards
- Strategic spending: Use your card for everyday purchases to earn more rewards.
- Leveraging category bonuses: Some cards offer higher rewards for certain categories. Make sure to use the right card for each purchase.
- Taking advantage of special offers: Credit card companies often run promotional offers. Keep an eye out for these.
- Paying balances in full: To truly benefit from rewards, avoid interest charges by paying your balance in full each month.
- Redeeming rewards wisely: Redeem your rewards for statement credits or other high-value options.
Capitalising on sign-up bonuses and introductory offers
Credit card companies often offer lucrative sign-up bonuses to attract new customers. Generally, these bonuses are in the form of cash points, and they can add up to a significant amount. However, they may require a certain amount of spending within the first few months before they’re accessible. So, it’s important to plan your spending accordingly.
Mitigating risks: Responsible credit card usage for profitable returns
- Don’t let the prospect of earning rewards lead you to overspend. Remember to budget carefully.
- Late payments can result in fees and interest charges, negating any rewards earned.
- Be aware of the interest rates, fees, and reward structures of your card.
- Regularly check your credit card statements for errors or fraudulent charges.
- Don’t max out your credit cards as high credit utilisation can hurt your credit score.
- Ensure you pay your bills in full. However, if you do carry a balance, remember to have a plan to pay it off.
In the market for a card packed with features and rewarding benefits that can also help you implement the strategies above? Consider opting for the Bajaj Finserv RBL Bank credit card.
Bajaj Finserv RBL Bank credit card benefits
- Cashback on fuel, transport, and groceries
- Discounts on dining and travel
- Redeemable reward points on almost every purchase
- Interest-free cash withdrawal for up to 50 days
- Easy EMI conversion for purchases exceeding Rs. 2,500
- Annual fee waiver when you meet the minimum spending threshold
- Fuel surcharge waiver of up to Rs. 1,200 per year
- Free airport lounge access
- Free movie tickets every month on BookMyShow
The Bajaj Finserv RBL Bank credit card offers you a multitude of ways to make your money go the extra mile. So, why wait? Apply today!
