Credit cards now are a more popular option of payments if the yearly statistics are to be believed. This rising popularity of credit card usage and preference as a convenient payment option is due to the multiple benefits offered by financial institutions along with it.

Applicants can avail of these credit card benefits and make better financial decisions in their day to day life. Credit cards are a universally accepted mode of payment that provides several offers and rewards to consumers on specific spending and help them save funds eventually. Some of the major financial benefits one can acquire using a credit card are listed below –

• Applicants can earn reward points for each of their eligible purchases that can be redeemed by earning cashback or vouchers, discounts, etc.
• Individualsvailing a new credit card get to enjoy a welcome bonus which can be redeemed while making payments at a later point in time.
• Credit cards come with cash withdrawal facilities via ATMs. Few reputed financial institutions even allow users to withdraw funds without having to pay any interest if repaid within 50 days.
• Emergency loans can be availed by consumers that can be repaid interest-free in easy installments. Similarly, big purchases can be converted into effortless EMIs for the benefit of customers.

Apart from such flexibility in bill payment and all-time availability of funds, consumers are also protected against the online threats and cybercrimes that one may come across. Users don’t have to pay the amount for fraudulent transactions made through their card as they can report a complaint and secure themselves from paying anything extra for such transactions. Refer to leading financers for feature-rich credit cards such as the Bajaj Finserv RBL Bank SuperCard. Maintain a CIBIL score around or above 750 to successfully apply and avail the most beneficial features.