While the Indian financial sector experiences a rapid expansion, the Government of India strives to launch multiple endeavours like Digital India, which covers the need to go for a cashless economy.
In addition to mitigating corruption, it also spiked the use and availing of payment cards across the nation. This, coupled with the impact of demonetisation, led to an increased number of transactions via both debit and credit cards. 2018 alone saw 144.20 million transactions through credit cards owing to its offered convenience of cashless transactions.
However, considering that multiple credit card providers now offer their payment cards, it is ideally imperative to look out for the ones that cater to their required financial expenditure pattern. For example, in case you are a frequent flyer, avail travelling cards ensures that you gain reward points on travel miles that can be redeemed for free miles or discounted air tickets.
Under such circumstances, availing the Bajaj credit card is beneficial considering the host of the benefits that it comes with.
4 reasons to choose the Bajaj Finserv credit card:
Considering that credit cards are essential financial tools that assist cardholders in their online and offline purchases, Bajaj Finserv offers their Bajaj Finserv RBL Bank World Plus SuperCard.
This payment card comes with numerous borrower-friendly features that include their pre-approved offers for existing borrowers.
These offers are available on several financial products like home loans, personal advances, business loans, etc. and ease the application process to avail financial aids. You can take a look at your pre-approved offers by providing a couple of essential details, including your name and contact number.
Check out the various other features that make it the preferred option for all potential cardholders –
1. Variants as per expenditure pattern: This credit card provider offers 7 different types of credit cards. So, prospective cardholders have a wide range to choose from.
- Platinum Choice First-Year-Free SuperCard
- Platinum Choice SuperCard
- World Prime SuperCard
- World Plus SuperCard
- Doctor’s SuperCard
- Platinum Plus First-Year-Free SuperCard
- Platinum Plus SuperCard
- 2. Reward points:
These variants of credit cards come with lucrative benefits in the form of rewards and bonus points that can later be redeemed against vouchers, cashback or discount coupons. For example – 5 Reward points for every Rs. 100 spent at grocery stores, departmental stores, super-stores, retail fashion, on birthdays (holder of the primary card).
Also, it is essential that the prospective cardholder takes into account their exact spending pattern, know how to use a credit card wisely and, hence choose a variant that yields them the maximum benefit.
3. 0% interest on cash withdrawals:
Unlike other payment cards, the Bajaj Finserv credit card ensures cardholders avail the benefit to withdraw money from an ATM under emergency circumstances and offers you with interest-free period of up to 50 days.
4. Convenient repayment via EMIs:
Such credit cards bring with it the convenience of EMI financing that eases the repayment structure. It mitigates the financial burden during payment of bills and consequently reduces the chances of defaulting; hence, getting charged with a higher rate of interest.
Cardholders should necessarily meet the required eligibility criteria and hence, have convenient access to the following benefits –
Perks of using a credit card to pay your bills:
- Adds to your credit score: Timely payment of the credit card bills have a positive impact on the CIBIL score of an individual. It is especially beneficial in case of future requirement for financial aid.
- Pay securely: The Bajaj Finserv credit card takes full responsibility for your transactions. Any fraudulent transaction is looked into by the authority. It comes equipped with additional robust security features that include zero-fraud liability and in-hand security.
Despite the host of features and benefits in the World Plus Credit Card Bajaj Finserv RBL Bank SuperCard, one needs to take into consideration their current repayment capability. Based on the same, they should opt for a credit limit that does not pile on to their financial burden during repayment.