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Friday, March 29 2024
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Holiday Shopping Made Easier with a Credit Card: Here’s How

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The holiday season is right at our doorstep. Being the most wonderful time of the year with the festivities and a merry environment, it is also the time for holiday shopping. And if you do not want to drain your finances, the best way to buy your family gifts is by using credit cards

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Using a credit card will prevent you from denting your savings and is a responsible financial tool. Most banks enable you to apply for a credit card online from the comfort of your home. However, before opting for any credit card, read the benefits that it provides and why it is beneficial for your holiday shopping:

  1. Ease of Convenience
    What is the point of carrying wads of cash around when you can pay with a simple swipe of a credit card? Credit cards are one of the simplest ways to pay for anything. No more counting out change or writing cheques for making payments. You can also shop without the limitation of cash by linking your credit card to your digital wallet. It will allow you to scan and pay without even carrying the credit card in your wallet.
  2. Enhanced Shopping Experience
    The use of credit cards has refined the shopping experience for all cardholders. It has made shopping easier. For instance, for big purchases like home needs and appliances, using a credit card will prevent a hit on your monthly budget. Using a credit card will let you buy products on low-cost EMIs. With EMI’s, you can defer the payment. You will not require paying a lump sum or opt for a personal loan for a big purchase. When you apply for credit card online, you should compare the EMI periods offered by the various banks. In this manner, you can choose the most suitable bank and credit card.
  3. ATM Withdrawals
    Imagine a situation wherein you are out with your family for holiday shopping. You have carried your credit card along with you and no other currency. Sometimes when you shop at retailers, the card machine doesn’t work properly. Similarly, when you get stuck in such a situation, what is it that you do?
    Well, much like debit cards, credit cards also allow you to withdraw cash when in need. Although a small fee is charged for cash withdrawals, it will not hamper your holiday shopping and damper your festive spirit. Some banks also award reward points for cash withdrawals.
  4. Rewards and Incentives
    Generally, banks provide credit cards with offers and incentives to use your card. It can be cashback reward point accumulation each time you use your card and swipe. They can be redeemed later. And with smart shopping, you can choose from a variety of discounts or cash back based on your purchases. Thus, if you shop during the holiday season using your credit card, you can accumulate these rewards for your future use.
  5. Expenditure Tracker
    A crucial advantage of using credit cards is that you can track all the purchases that you make. Generally, banks provide a detailed list with your monthly credit card statement. In this way, you will be able to determine and track your holiday spending and purchases. With a record, you can easily chalk out your budget for after the holiday season. Usually, you also get instant alerts each time you swipe and use your credit card. It will provide you with complete information about the amount of credit remaining and the current outstanding amount on your card.

Shop Non-Stop with a Credit Card
With keeping these benefits in mind, you should opt to apply for a credit card online. You do not have to go through the hassle of visiting a branch and applying. All the required information is generally available on the bank’s websites. You can choose reputable banks like Axis Bank. They have a wide range of credit cards for you to choose from and make a suitable choice. Go through each credit card plan and understand the benefits in detail.

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