Why are Add-On Credit Cards a Smart Choice for Your Family?

Posted on Friday, June 28th, 2024 | By IndusInd Bank

Managing family expenses can be a challenge, especially when multiple members need access to credit for various purchases. Add-on credit cards, also known as supplementary cards, offer a convenient and effective solution. These cards allow primary cardholders to share their credit limit with family members, providing numerous benefits.

So, let’s explore why add-on credit cards are a smart choice for your family and what makes IndusInd Bank add-on credit cards an excellent option.

What are Add-On Credit Cards?

Add-on credit cards are supplementary cards issued under the primary cardholder’s account. They come with all the features and benefits of the primary credit card but are given to other family members such as spouses, children, or parents. These cards share the primary card’s credit limit, and the primary cardholder is responsible for paying the bill.

Benefits of Add-On Credit Cards

1. Centralized Management of Family Finances

Add-on credit cards allow you to consolidate family expenses into a single account. This makes it easier to track spending, manage budgets and pay bills, as all transactions are recorded on one statement.

• Controlled Spending

As the primary cardholder, you can set individual spending limits on each add-on card. This helps prevent overspending and ensures that each family member stays within their allocated budget.

• Shared Rewards and Benefits

All purchases made using add-on cards contribute to the primary card’s reward points, cashback, or other benefits. This maximizes the rewards earned and allows the entire family to enjoy the perks.

• Emergency Access to Funds

Add-on cards provide family members with access to credit in case of emergencies. This ensures they have financial support when needed, even if the primary cardholder is unavailable.

Why Choose IndusInd Bank Add-On Credit Cards?

IndusInd Bank add-on credit cards stand out for their numerous features and benefits, making them an ideal choice for families. Here’s why:

• Ease of Application

IndusInd Bank offers a simple and straightforward application process for add-on credit cards. Primary cardholders can easily request supplementary cards for their family members.

• Customizable Spending Limits

With IndusInd Bank add-on credit cards, primary cardholders can set and modify spending limits for each add-on card, ensuring better control over family expenses.

• Comprehensive Tracking and Statements

IndusInd Bank provides detailed statements that include transactions from both primary and add-on cards. This makes it easy to monitor spending and manage finances effectively.

• Extensive Rewards Program

All transactions made using IndusInd Bank add-on credit cards contribute to the primary card’s reward points. This means your family can collectively earn more reward points that never expire and enjoy exclusive offers & benefits.

• Advanced Security Features

IndusInd Bank ensures that all transactions made with add-on credit cards are secure. The cards come with advanced security features, including EMV chips and fraud detection systems, to protect against unauthorized use. 

• Global Acceptance

IndusInd Bank Credit Cards, including add-on cards, are widely accepted both domestically and internationally. This provides your family with financial flexibility wherever they go.

Conclusion

Add-on credit cards offer a smart and efficient way to manage family finances, providing convenience, control, and shared benefits. IndusInd Bank add-on credit cards enhance this experience with their user-friendly application process, customizable spending limits, robust security features, and extensive rewards program. Empower your family with financial flexibility and enjoy the numerous advantages of IndusInd Bank add-on credit cards today.

Looking for a lifetime free credit card with plethora of benefits. Look no further than IndusInd Bank.

Apply Now

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.