How to Select the Best Credit Card in India for the Maximum Benefits

Credit cards offer great convenience, giving you access to funds that you can use to purchase an array of products and services. However, in order to gain maximum benefits basis your usage, get yourself a credit card that encompasses all your needs well. So, if shopping around the year is your thing, getting a credit card that offers you shopping for discounts and cashback will prove beneficial. On the other hand, if your business demands frequent traveling and you end up booking most of your tickets at the last minute, a travel credit card is made for you. Study the various types of credit card available and then consider them based on your personality, requirements, and credit habits.

Take a look at how you can select the best credit card in India.

Choose the one that offers the maximum credit limit

The credit limit on your credit card determines how flexible you can use it. So, while a higher credit limit gives you more leeway for spending, a lower credit limit can hold you back. However, consider your income and repayment to choose the right credit limit, as sometimes a high limit may tempt you to spend more than you can afford. Secondly, keep your credit score in mind. With a lower credit limit, you may end up using all the credit, which increases your credit utilization ratio and causes your score to slump. So, choosing a card with a higher limit helps you use up to 80% of your limit and keep your score up when you repay your bills on time.

Choose the one that gives you access to offers you’ll actually use

Credit cards today offer you financial solutions for specified needs. For example, a travel credit card may get you free access to VIP airport lounges, the option of collecting air miles, and rewards that you can use to book stays and flight tickets. On the other hand, a fuel credit card will offer you an array of surcharge benefits and cash back in petrol pumps, which is perfect if you often commute by car for work and personal reasons. So, choose a credit card that offers you rewards and benefits that work for you so you can save more every time you spend.

Choose the one that gives you real bang for your buck  

In order to claim the best credit card in India, you should also look for additional benefits and perks. One such power-packed credit card that comes loaded with unique features is the Bajaj Finserv RBL Bank SuperCard. This credit card is versatile and gives you the power of a credit card, ATM card, loan card, and EMI card rolled into one. The card allows you to avail interest-free emergency loan for up to 90 days, welcome rewards of up to 20,000 points and allows ATM cash withdrawal without any charge for up to 50 days and many more exciting perks. Moreover, you can shop on No Cost EMIs, covert your retail spends above Rs.3000 into EMIs, and get fuel surcharge waivers too apart from movie ticket discounts, rewards on international dining and shopping and lots more!

Keeping these tips in mind, make a smart choice and apply right now for a Bajaj Finserv RBL Bank SuperCard by choosing from the 7 different types of credit cards. To get faster approval on your credit card application, be sure to check your pre-approved offer from Bajaj Finserv and use it to apply instantly and stress-free!

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