How to Choose the Right Credit Card to Maximize your Utilization Benefits
Stay covered against unforeseen incidents
While you bag attractive offers, some credit cards give you complimentary insurance covers as well. For example, your issuer may give you a baggage and travel insurance cover that offers financial assistance in case your baggage goes untraced or your flight tickets get misplaced. Similarly, another issuer may offer you purchase protection insurance that gives you compensation in case goods you bought with the credit card are stolen or destroyed due to events like fire.
At times, you can consider opting for a card that offers an insurance that caters to your professional needs. For example, the Doctor’s SuperCard offers medical professionals an indemnity cover of up to Rs.20 lakh against costs arising due to negligence.
Reap reward points and make purchases lighter on the pocket
Before you settle on a specific credit card, run through its reward point catalog to verify that you can redeem your points for goods that matter to you. For instance, you can exchange the reward points you earn on your SuperCard for deals on Burberry perfumes, HP laptops, Sony headphones, an iPhone 7, air tickets and hotel bookings. Similarly, cards like the World Prime SuperCard make spending even more exciting by giving you reward points as gifts for every spending milestone you achieve.
Get instant interest-free liquidity when you need it
If your financial needs demand quick liquidity, then any SuperCard will help you get instant cash without incurring hefty interest rates. SuperCards function as a 4-in-1 credit card and offer you, in addition to the EMI facility, the functionalities of ATM and loan cards as well. For instance, you can use an RBL SuperCard to get a 90-day interest-free loan from your cash limit or make a 50-day interest-free cash withdrawal at an ATM.
Now that you know how to choose the right credit card to maximize your benefits, choose a credit card that’s perfectly tailored to your financial needs. The SuperCard comes in 8 different variants and also offers you customized credit card financing deals. To get personalized credit card solutions, check your pre-approved credit card offer from Bajaj Finserv. Doing so will also give you instant approval and hasten the application process.
You can also know about Credit Card App
September 16th, 2020