Benefits Of Paying with a Credit Card

Posted on Wednesday, July 31st, 2024 | By IndusInd Bank

Curious why more people are opting to use credit cards over debit cards or cash? This is because such cards offer rewards, as points and cashback, and provide better fraud protection and purchase protection. Also, credit cards can help in building an excellent credit record, which is vital for securing loans at favourable rates and processing charges in the future.

To learn about such benefits of credit card payments and understand why they may be the best option for your financial transactions, continue reading.

1)     High Flexibility and Convenience

One benefit of paying with a credit card is the convenience it provides. You do not have to carry massive amounts of cash, and you can make transactions anywhere at any time. Whether you are shopping at a store or online, a credit card offers the flexibility to purchase what you need when you need it. Credit cards eliminate the requirement to visit ATMs or keep a wallet full of cash, making transactions hassle-free and seamless.

2)     Reward Programs

There are distinct types of credit cards in the market that come with reward programs. Such programs allow you to earn cashback, points, or air miles for every transaction you make. For instance, with the IndusInd Bank EazyDiner Platinum Credit Card, you can earn EazyPoints for dining and enjoy top-notch discounts at premium restaurants. These reward programs make payment with a credit card not just convenient but also financially rewarding.

Crucial welcome dining benefits offered by IndusInd Bank EazyDiner Platinum Credit Card include:

• 500 welcome bonus EazyPoints.
• Three-month EazyDiner Prime membership worth ₹1,095.
• Assured 25% up to 50% off at over 2000 plus premium restaurants and bars.
• Prime-exclusive benefits like 2x EazyPoints with the provision to redeem them for free luxury hotel stays and meals.

Apply for this credit card today to enjoy these dining benefits and more! 

3)     Security

Credit cards offer enhanced security that safeguards you against fraud. If your card gets stolen or lost, you can report it instantly and avoid unauthorised handling. Also, most credit cards, including the IndusInd Bank EazyDiner Platinum Credit Card, come with protection covers.

Such cards offer an insurance cover of up to 48 hours before you report the loss of your credit card to the bank. Protection is also offered against counterfeit fraud. Counterfeit fraud is when your card details are stolen and used unscrupulously. This level of security and protection gives you mental peace, knowing your finances are protected.

4)     Establishing a Credit Record

Using a credit card in a disciplined manner helps build your credit record, which is necessary for future financial requirements like loans. Regular and timely repayment of your credit card dues and loan Equated Monthly Instalments (EMIs) can improve your credit score, demonstrating to lenders that you are a reliable borrower. An excellent credit record opens more opportunities for quick loan approvals and better interest rates.

5)     Contactless Payments

Contactless credit card payments offer a convenient, fast, and secure way to perform purchases by simply tapping your card at the merchant shop. This feature is especially useful for daily and small transactions.

With your IndusInd Bank EazyDiner Platinum Credit Card, you can:

• Enjoy faster daily payments at merchant shops that accept contactless payments.
• Be assured of safe online shopping and e-commerce transactions.
• Book movie tickets, travel tickets, and pay utility bills seamlessly.
• Shop at over 10 lakh domestic merchant shops and over 30 million outlets worldwide that accept payment through card.

Also Read: The Role of Credit Cards in Personal Finance

Ending Note

Paying with a credit card offers numerous benefits, including rewards, convenience, credit building, security, and the ease of contactless payments. Note that the EazyDiner Platinum Credit Card by IndusInd Bank stands out with its exclusive dining privileges and advanced contactless payment benefits, making it a prudent choice for your transactions.

So, are you ready to make the most out of the credit card payment benefits? Opt for the IndusInd Bank EazyDiner Platinum Credit Card today and make your transactions safer, faster, and more rewarding!

Apply now!

Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.