Does Your Credit Card pay you?

Credit cards can be a made to earn for you, if you use it in a intelligent way.

To ensure you never pay for Credit card

• Opt for Lifetime free credit card whether it simple silver or gold card.This take away your yearly expenditure ever on your credit card.
• Always pay 100% of your credit card due and that too before due date. Most Credit card payments can be made online via account transfer.
• To avoid late payment you can instruct your credit card company to debit 100% of your card dues.
• Interest Free period should be understood very carefully and don’t think that you will get credit of 30-55 days.You will have to pay within your billing cycle.
• Never take out cash from your credit card. It attracts a huge fee and interest from the day you take out cash from Credit card.

Click here to Know More About Latest Credit Card offers

The above will ensure that you don’t pay anything extra for using the credit card and it remains free service for you.Now how to earn from Credit card-

Here are few tips-

• If you own a vehicle go for a Petro Credit card. Every time you have to get petrol, it will not give you any extra charges plus reward points.Accumulate the reward points and get free fuel from these points.

For e.g-If you can get 2 points on every 100 spend on petrol, so if few months you would have saved 300-500 points which will result in free fuel for you.

Petro Credit Cards- Indian Oil Citibank Credit card, Hp AMEX Credit Card.

• Offers on Your Credit Cards – To promote credit card spends, most Credit card companies run discount offers on various shopping outlets.So whenever you go out before paying, check which credit card will get you max discount if you have multiple credit cards.

All major online portals etc run these offers for different credit card companies.To know more about these offers on your credit card- Know more

• Airlines co branded Credit cards– If you travel frequently for official purpose, do opt for these cards, it will give you usage miles that can get you free tickets.Also using such credit cards get you extra miles which help in one-two free tickets a year.

• Redeem your points from Banks– Most reward points terminate after one year so once you have collected these points- go to the bank website and see what you can get from these reward points.Most banks have gift coupons which you can order using your reward points which will get you free gift vouchers of the fav gift shops/brands.

For E.g if you have spent 2 lacs annually on your credit card it will get 2000-300 points and with that you can get rs 2000 gift voucher for your fav clothing brand.

To know these offers etc you can visit our section, to redeem points go to bank website and use the above tips and you can early save 2% on all your spends on credit card , thus making it an earning member.

If you find this useful, share it with your friends.

Also we would share the Don’t of having Credit Cards

1. Never take out cash from credit card
2. Pay on time on due dates and try to pay 100%.
3. Dont indulge in shopping more by using your credit card if you dont have cash to pay within the billing cycle.