Co-Branded Credit Card Benefits During Festive Season
The co-branded credit card can definitely help you save more during the festive season when used responsibly. Here's how.
Co-Branded Credit Card Benefits
During the festive season, individuals, to revamp their surroundings, look for shopping. In fact, every year when the festival arrives, individuals get bonkers to splurge their wealth on shopping.
While shopping, few people look for ways to save money. However, they became confused at times due to the abundance of alternatives available. In this context, co-branded credit cards emerged as an excellent option.
Now, the question arises: what co-branded credit cards are all about?
If we talk about co-branded cards, they are the credit cards that come with a unique fusion of financial convenience and offers. This innovation harnesses the power of two trusted entities, often a credit card issuer and a well-known brand, to provide cardholders with exclusive bonuses and rewards.
In fact, these cards not only help customers enjoy loyalty benefits but also offer discounts during the festive season.
So, if you want to use them, use them responsibly because co-branded credit cards can help you save more during the festive season. Here's how:
Special discount: Co-branded cards offer exclusive discounts on favourite brands. For example, you can use the Marriott Bonvoy HDFC Bank Credit Card to enjoy exclusive offers while spending quality time with your loved ones.
Reward points: These cards are known for their faster reward points system. And during the holiday season, these reward points can result in big savings, particularly on exciting tech items like TVs, smartphones, and air conditioners.
Instant cashback: Many co-branded credit cards present instant cashback offers at the point of purchase. For instance, you can purchase a TV worth Rs. 50,000. And with a 10% discount, the price drops to Rs. 45,000. On top of that, with a 5% cashback offer from your Flipkart Axis Bank Credit Card, you save another Rs. 2,250, effectively reducing the cost to Rs. 42,750.
No-cost EMI: These cards also offer the convenience of no-cost EMI options, allowing people to extend their payments without paying additional fees.
As the festive season is on the go, and if you do not want to burn a hole in your pocket, be cautious of the credit limit and repayment dates to prevent interest penalties or late fees.
