If you are a shopping enthusiast or your regular spends are high, a credit card can be a useful payment mode. It is not only convenient but also smart option to accumulate lucrative rewards.
Use a credit card for shopping for groceries, clothes, gadgets, electric appliances, etc. You can also pay for utility bills, dining, gas, and many other day-to-day expenses with this payment card quickly.
Perks of using credit cards for regular expenses
If used carefully, credit cards can help you monitor your spending and manage your finances better. Here are some of the benefits to use a credit card for shopping.
- The primary benefit of using a credit card is to buy now and pay later. Pay for any purchase on credit and repay the money within the due date.
- If you make large purchases like electric appliances, gadgets, etc., you can spread out the amount into manageable EMIs. This is beneficial during a monetary crisis or cash crunch.
- Every credit card comes with attractive reward programs. You can earn huge reward points on each transaction and redeem those for cashback, discount, gift coupons, vouchers, etc. You can also pay for anything using these reward points and save more on your expenses.
- Credit cards are an excellent tool to improve your credit profile. If you pay your monthly bills within the due date without defaulting, it impacts your CIBIL score positively.
- It helps track your regular expenditures more accurately and limit wherever needed.
- Carrying cash everywhere and in large amounts is not always feasible. You can instead carry your credit card conveniently. If it gets stolen or lost, you can immediately contact the issuing company and block the card to prevent any unauthorized access.
These points highlight reasons why credit cards are better than debit cards for everyday shopping. However, the benefits you enjoy largely depend on the card you choose.
Which is the best credit card for such expenditures?
Several financial institutions come with customised cards and different reward programs. One of the trusted NBFCs, Bajaj Finserv brings the exclusive Bajaj Finserv RBL Bank SuperCard with high-end features and benefits.
Some of its perks include minimal documentation, easy-to-meet eligibility criteria, instant EMI conversion, etc.
Bajaj Finserv additionally brings pre-approved offers for existing customers on credit cards, personal loans, business loans, home loans and a plethora of other financial products. Not only do these offers to simplify the process of availing credit card or loan, but it also lowers the time taken. You can check your pre-approved offers instantly by submitting some essential information such as name, phone number, etc.
If you don’t qualify for pre-approved offers, you can also meet the standard eligibility criteria and apply for the SuperCard via an online application form.
- With accurate use of credit card for shopping, you can save up to Rs. 55,000 per year.
- Make cash withdrawal from any ATM in India and repay within an interest-free period of up to 50 days.
- Avail a personal loan during emergencies at a 0% interest rate for up to 90 days.
Features of the everyday shopping credit card
With this Credit Card, you can enjoy the following benefits.
- Accumulate 1 reward point for every Rs. 100 you spend on regular purchases.
- Achieve milestones and earn attractive redeemable points.
- Enjoy strong security features on the card to prevent fraud and cybercrime threats.
- Using the SuperCard is a smart way to shop online as you can save more on the expenses.
SuperCard members can avail lucrative benefits such as EMIs and discounts on various products, including gadgets, accessories, clothes, and more. So, apply for an appropriate one and make the best use of credit card for shopping regular effortlessly.
Shailendra Kumar
Shailendra Kumar is an experienced Financial Consultant and Tech Reviewer who has 6+ years of experience in the field of finance, business, and technology. He is very passionate to write about Finance, Business, Technology, Gadgets, Digital Marketing, Fashion, Lifestyle, etc.
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