Fuel prices are constantly rising in India, which is bound to weigh you down financially. As a result, finding ways to economise fuel is important.
Most credit card providers offer you ways and means through which you can make buying fuel a little more inexpensive. Bajaj Finserv RBL Bank SuperCard is one such card that will help you combat the high fuel prices. Apart from an excellent reward points system that you can use towards fuel purchase, you can also use it to withdraw cash on an interest-free basis, avail an emergency loan, or shop at a discount.
Read on to understand how you can use the Bajaj Finserv RBL Bank SuperCard and other credit cards to lower your expenditure on fuel.
Cashback
Through certain credit card payments, you get benefits through a cashback. This means that a certain transaction through your credit card will not only earn you reward points, but a fixed amount will also be refunded to you or added back to your credit limit based on the value of your transaction. You can use this collective amount to offset the cost of petrol.
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Surcharge waiver
Another way you can reduce the blow is by using the surcharge waivers that credit card providers offer. Typically, credit cards levy a transaction fee, also known as a surcharge, when you buy fuel. Cards that provide a surcharge waiver reduce the charge by a certain percentage. So, think of it as a 1 to 3% discount on the surcharge when your credit card payment is between Rs. 400 and Rs. 4,000.
Extra reward points through credit card tie-ups
Certain credit card companies have tie-ups with specific fuel stations. When you buy fuel at this station, you will get double, triple, or even 10 times the reward points. This could be in addition to a surcharge or cashback. You can later use these reward points to pay for fuel or offset the cost by using the points towards paying for everyday commodities.
Reward points earned at certain stores
Most credit cards offer you reward points on every transaction, whether buying groceries, flight tickets, clothes, appliances, or simply ordering food. You can use the points that you accumulate to pay for fuel.
So, use credit cards smartly to purchase fuel more affordably. If you don't have a credit card, apply for one, keeping in mind the card's benefits with regards to fuel discounts.
With the Bajaj Finserv RBL Bank credit card, you get features such as interest-free cash withdrawals, access to emergency loan funds, exclusive privileges, state of the art security, and an excellent reward system that makes shopping affordable. Check your Bajaj Finserv RBL Bank credit card offer and apply right away.
Additional read: Kisan credit card
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