Maximise Your Credit Card Benefits In 2023

Posted on Monday, April 10th, 2023 | By IndusInd Bank

From selecting the right card and using it strategically to leveraging special rewards, this blog article provides expert advice on maximising credit card benefits.

In a world where plastic money and digital payments reign supreme, the ubiquity of credit cards is scarcely surprising. But at the same time, a large number of people in India remain wary of using credit cards due to a lack of awareness about the benefits associated with them. With a bit of knowledge and some smart strategies, your credit card can be used to earn rewards and perks you never thought were possible!

Here are some expert tips to help you maximise your credit card benefits in India.

Pick The Best-Suited Card

Picking the right rewards credit card comes down to one thing – understanding your spending habits. Once you are aware of that, searching for a credit card with rewards that fit your lifestyle needs is easy.

For instance, if you are a frequent traveller, look for a card that gives you extra points or cashback on travel expenses. Likewise, if you are a frequent visitor to the grocery store or enjoy going to the cinema, choose the card with the highest earning potential in those categories. With the right credit card in hand, you can earn big, even as you spend the way you like.

Get Your Sign-Up Bonus

Many credit cards offer great sign-up perks and benefits, such as bonus reward points, vouchers, and discounts that can help you save plentifully. But to be eligible for the bonus, you typically must spend a certain amount within a specific period. Choose a credit card with a generous sign-up bonus that meets your needs. Remember to carefully read the fine print to ensure you fulfil the eligibility requirements.

Track & Redeem Reward Points

One of the great advantages of a credit card is its reward points programme. These reward points can be an excellent way to score extra benefits when making purchases. You can redeem them for merchandise, vouchers, or even cashback. Since several credit cards have an expiry date for their reward points, redeeming these before they expire is essential.

Do remember that with IndusInd Credit Cards, you don’t have to worry about expiry of reward points as our reward points never expire and can be even converted to cash to pay your dues.

Use Interest-Free Credit Period

Credit cards come with an interest-free period ranging from 20 to 50 days. Selecting a card with a longer interest-free or grace period will give you more time to pay off your credit card bill before the due date. This helps you plan your expenses better. For instance, making a big-ticket purchase in the early days of your billing cycle gives you more than a month to repay the amount.

The best part about IndusInd Bank Credit cards are that they offer an interest-free period of up to 50 days.

Monitor Your Spending

Using a credit card for all purchases can be a smart way to earn extra benefits. However, if you choose to carry revolving debt from month to month, interest would accumulate, lowering the value of your rewards. Furthermore, going overboard with your expenditures can trap you in a debt cycle that is tough to escape. Paying off the monthly balance on time and in full helps you optimise credit card benefits and prevent paying extra interest.

How Can You Maximise Your Benefits with An IndusInd Bank Credit Card?

IndusInd Bank has an array of lifetime free credit cards that come with fantastic rewards and cashback programmes, making them a great choice for those who want to maximise the value of their purchases. You get to earn points with every swipe which can be redeemed for exciting rewards in various categories such as travel, shopping, and dining.

The benefits do not stop there. These credit cards also come with exclusive perks and privileges like airport lounge access, fuel surcharge waiver, and discounts at premium hotels and restaurants. Best of all, the reward points you earn on your IndusInd Bank credit card do not have an expiry date; you may redeem them whenever you like, or convert them into cash to pay your credit card dues. Feel free to choose from a range of credit cards that come with zero joining fees and zero annual fees!

Last but not least, what sets IndusInd Bank apart is its exceptional customer service. You are sure to receive personalised and prompt support whenever you need assistance.

So, what are you waiting for? Apply online today and enjoy an array of unbeatable IndusInd credit card benefits!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own 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 taking any financial decisions based on the contents and information.