Planning to apply for a Credit Card? Are you looking for some great deals? Trying to find the right plastic buddy could be a little tiring. To ensure that you make the right choice, BankBazaar is here to guide you to keep some important things in mind.
It’s not just about getting a plastic card that can make your life more convenient and cashless. There’s a lot more to it. Apart from just letting you buy stuff and giving you the option to pay later, here’s what a Credit Card does for you:
Tired of carrying that loaded wallet all the time? A Credit Card can surely simplify your life and lighten your pocket as well. With your plastic friend in your pocket, the chances of losing money reduce significantly.
Improves Your Credit Score
If you pay all your bills on time, a Credit Card can help boost your Credit Score. A good Credit Score can also significantly improve your chances of getting a loan/Credit Card application approved. Just train yourself to use a Credit Card wisely and you’re all set.
Online shopping becomes way simple with a Credit Card in your wallet. Using the ‘Cash on delivery’ option might not be a convenient choice all the time. Besides, online shopping with a Credit Card also lets you win cashback and some great rewards.
You can always rely on your Credit Card in case of an emergency. Life is unpredictable. Someday, you might find yourself in a situation where you urgently need money but have no backup plan. In such a sticky situation, you can always rely on your plastic friend.
Rewards And Discounts
Another reason that makes Credit Cards a better choice over Debit Cards is –rewards and discounts. These rewards depend on the type of card you’ve opted for. Some other amazing rewards include cashback, free access to airport lounges, frequent flier miles and much more.
Record Of Your Purchases
Do you end up losing track of your expenses every month? With a Credit Card in your pocket, you no longer need to worry. With your Credit Card statement, you’ll be able to track your expenses, which can help you immensely when planning your monthly budget.
Getting a Credit Card is not a bad decision, as long as you maintain it right. Now, let’s tell you how to look for the right Credit Card:
Travel Credit Cards For The Travellers
Do you travel too often? If yes, you definitely need to get a travel Credit Card (along with a regular card).
Why so? Travel Credit Cards are designed to help avid travellers get discounts on flight tickets and hotel bookings. If you want to score some handsome seasonal discounts, try making all travel bookings using a travel Credit Card.
Additionally, the amount you spend is added to your air miles or points, which can fetch you more discounts on your next purchase. Not just this. You also get to enjoy some free bonus time at airport lounges. Go on, pamper the travel bug in you.
Shopping Cards For The Shopaholics
If you’re a shopaholic, you need to get yourself a Credit Card exclusively meant for shopping. These are mainly of two types—Cashback Cards and Reward Cards. If you shop way too much, reward cards are the best since they accumulate points every time a purchase is made using the card. These points can then be redeemed for a range of products.
If you don’t shop much, you can consider going for Cashback Cards. These offer upfront cash back for each buy, just like retailer discounts. Moreover, these cards can be used for any purchases and bill payments as well.
Co-branded Cards For Brand Fanatics
Do you love a brand so much that you only buy their products no matter what? Don’t worry! This brand loyalty can actually help you save better. How? That’s when co-branded Credit Cards come into the picture.
Co-branded Credit Cards are issued by banks in collaboration with various retail stores and brands offering dedicated discounts for their regular customers. You essentially get paid for your loyalty. How cool is that?
Fuel Credit Cards
For those of you who are always on the move, saving every penny on fuel can be a big relief. So, next time when you pay for fuel, do it with a fuel card or petro card, to accumulate points on fuel buys. Some fuel cards even offer upfront cashback.
Specialty Credit Cards
Specialty Credit Cards are designed exclusively by the company for certain specific purposes. These speciality cards include women-centric Credit Cards, student Credit Cards and other lifestyle Credit Cards that are customised for a specific set of users.
Now that you’ve explored different types of Credit Cards, choosing the one (or many) that suit your lifestyle is not difficult. Whatever your need may be, BankBazaar has a plastic soulmate tailor-made just for you!
Download the BankBazaar Mobile App now for the best credit card offers!