Please see information below on Reward Credit Cards.


What are Reward Credit Cards?

Reward Credit Cards are standard payment cards with additional benefits. They offer you a variety of rewards which usually include things like loyalty points, discounts, cashback, retail vouchers or frequent flyer points which can all be redeemed in a number of different ways.

How do I earn rewards?

It is very straightforward to earn rewards, cash back or discounts from reward credit cards. Simply use the card as you would any other card and watch the reward points build up. Remember, it is not recommended to go crazy with your spending to earn more points and always a good idea to use the card wisely.

Who can apply?

The lending criteria for reward credit cards are generally the same as regular credit cards. Each provider will have their own eligibility criteria; however, these are likely to be:

  • Minimum age 18
  • Minimum income
  • Good credit rating
  • Resident of India

What are the Benefits?

The promotions and benefits of reward credit cards vary from card to card which means you are able to choose a reward card that is suitable specifically for you. The goods and services you can redeem reward points for will depend on the individual credit card reward programme, compare each program wisely when you are making you choice.

The main benefits of most reward cards however, are the rewards you will earn for everyday purchases. The more you use your card for everyday spending, the more points you will earn. A reward credit card also offer great introductory rates and reward promotions which you should keep your eye open for.

What are the Disadvantages?

Although reward cards carry many benefits, it is easy to be blinded by all the rewards you are getting and lose sight of your spending habits. As with all credit cards, you still have to deal with annual fees, interest on unpaid balance, penalty fees and other expenses associated with credit cards so spend wisely.


Please Note: is not authorised to give advice under Indian financial regulations.

All of the Links, textural data, and image data is provided for informational purposes only.

Click here to view our Disclaimer

News Charts News and Charts

When the planning starts for that special day in everyone's lives , There is always the worry and stress of how much strain it is going to put on your financial situation . Marriage loans are helping lots of people to ease this stress.
08 August 2015
Which Way To Pay
Marriage loans have been introduced to help prepare for the expense you will incur when celebration the most special day of everyone's life.
As everyone wants that big day to be perfect , there is also a hefty cost that comes with it .
14 May 2015
Which Way To Pay
Marriage isn't a cheap affair that's why Marriage loans have proven so popular across India.
Everyone want the best education , But financially this can be a worry
07 October 2014
Which Way To Pay
Getting the best education is the main priority in most people's lifetime.

Register for newsletter