Best ways to save money via Credit Cards.

credit cards can help you save money with Best ways

Save money via Credit Cards

    Many think of credit cards as a debt trap, fearing increased spending and excessively high interest rates, and hence they completely refrain from using them.

However, the truth is that credit cards can help you save money and earn rewards if they are used responsibly - it all depends on how one uses their credit card.

Here are 5 ways to save money by using credit cards.

Shopping

Save money, get exclusive discounts and cashback offers on shopping

Many people prefer using credit cards for shopping online as well as offline as they can avail discounts or cashback offers most of the time and save some bucks.

Almost all banks offering credit cards tie-up with major e-commerce portals to offer exclusive offers or additional discounts to their customers.

Some credit card providers also offer cashback and extra off on offline transactions.

Fuel expenses

Use your credit card to save on fuel purchases

There are many credit card providers in India that have partnered with fuel retailers to provide discounts, cashback, or rewards when customers purchase fuel using their credit cards.

Some banks charge an additional surcharge on fuel purchases, but most of them waive it off entirely. Some offer upto 5% fuel surcharge waiver.

Many cards offer the fuel surcharge waiver in the form of cashback.

Exclusive offers

Travel offers, restaurant deals, free movie tickets

Most credit card companies are tied up with leading restaurant chains, travel companies, luxury hotels, lifestyle stores, cab providers etc. and cardholders can save a lot by availing deals and discounts on the services offered by them.

They can also avail exclusive discounts on movie ticket purchases, including free tickets, BOGO offers, and movie vouchers, using their credit cards on the bank's partner websites.

Avail No-cost EMI, flexible EMI offers

A majority of banks offer No-cost EMIs (zero interest EMIs) to credit cardholders by waiving off the interest completely or giving it back as cashback. Some companies also provide an option to the customers to convert their purchases into flexible EMIs at affordable interest rates.

Thank you.