5 Smart Ways to Maximize Your credit card rewards And Cashbacks

Using a credit card comes with several advantages ranging from quick access to credit, safer transactions, to an opportunity to accumulate reward points and cashbacks. Among the many credit card providers, Bajaj Finserv’s RBL Bank Credit Card and DBS Bank Credit Card rewards their customers handsomely. But making the most out of your credit card rewards isn’t just about using the card for every purchase, it’s about using it wisely. In this article, we will explore five smart strategies to maximize your credit card rewards and cashbacks.

1. Understand Your Card’s Reward Structure

First, understand how your Bajaj Finserv  generates rewards and cashbacks. For instance, Bajaj Finserv RBL Bank SuperCard is a cashback credit card that offers up to 20,000 reward points as a welcome gift and also provides reward points on all purchases. On the other hand, Bajaj Finserv DBS Bank Credit Card offers accelerated rewards on categories like dining, international spends, and more.

2. Use Your Credit Card For Regular Expenditucredit cardre

Rather than using cash or debit cards, consider using your Bajaj Finserv credit cards for regular expenses such as groceries, utilities, fuel, etc. This helps you accumulate more points or cashbacks as every eligible transaction contributes towards reward accumulation.

3. Optimize Large Purchases

The more you spend, the more rewards and cashback you can earn. Planning large purchases such as electronics or home appliances with your credit card can earn a significant amount of points or cashbacks.

4. Pay Your Bills On Time

Consistently paying your bills in full and on time helps in two ways – it aids in accumulating reward points and it improves your credit score. A good credit score further increases your eligibility to apply for cards with even better reward programs.

5. Redeem Your Rewards Wisely

Bajaj Finserv offers numerous redemption options – converting reward points to direct statement credits, gift vouchers, air miles, and more! With a smart redemption strategy, you can extract the maximum value from your reward points.

Co-branded Bajaj Finserv Cards – A Class Apart

Co-branded cards like Bajaj Finserv RBL Bank Credit Card and Bajaj Finserv DBS Bank Credit Card offer perks that go beyond rewards and cashbacks. These benefits include discounts at partner outlets, access to premium lounges, concierge services, and increased rewards on spending at specific outlets or categories.

Benefits of Co-branded Bajaj Finserv Credit Cards:

1. Bajaj Finserv RBL Bank Credit Card: Along with robust rewards and cashbacks, it offers several milestone benefits, complimentary lounge access at airports and fuel surcharge waiver.
2. Bajaj Finserv DBS Bank Credit Card: Known for its impressive accelerated rewards on specific categories, this card also includes benefits like fuel surcharge waiver, exclusive discounts on dining, movies, and shopping.

Applying for these credit cards is a hassle-free process which can be done online via Bajaj Finserv’s official website by filling up an application form and submitting essential documents for identity and address proof.

Conclusion

In conclusion, applying these five strategies can make a significant impact on the rewards and cashbacks earned on your Bajaj Finserv RBL and DBS credit cards. It’s all about understanding how to tailor your spending habits to best utilize your card’s reward structure. Lastly, remember it’s not about spending more to earn rewards, its about spending smart and making every swipe count.