Travel Learn how a Travel Credit Card can Help you Save Money during Holidays Posted on December 24, 2018 Comments Off on Learn how a Travel Credit Card can Help you Save Money during Holidays 0 75 Travelling to new exotic places to attain peace of mind and break off the monotony of life can be fun and magical. Some people adore the basic touristy stuffs, while others enjoy something unconventional and more adventurous. You may be on the same track to plan a vacation but are also worrying about the finances. Well, nothing can be worse than cancelling a pre-planned holiday due to lack of fund. Transport, lodging, dining, and sightseeing – the entire travel itinerary needs a considerable amount of fund. Fortunately, you can now get the best credit card offers to make your travel expenses less burdensome. A detailed insight To turn your dream holidays into reality, lenders provide tailor-made credit cards which offer you reward points that can be redeemed for cashback, and upfront discounts on your travel expenses. However, master the art of maximising the utility of reward points before travelling on a credit card. Initiate with a strategy Plan your entire journey strategically if you want to travel with a low budget. Select the location and gather sufficient information about accommodations and transportations. Next, set your budget accordingly and consider your existing reward points. Opt for a beneficial redemption and get considerable discounts on flight tickets, hotel stays, etc. Apply for a credit card whose features and benefits match your spending habits. Go for the ones which offer huge welcome bonuses in the form of reward points just for availing it. Increase your reward points Knowing how to use credit cards in an appropriate way can fetch you more rewards points with each transaction. Though, almost every card will give you rewards, co-branded ones will draw you additional points than the regular ones. However, the value of reward points also depends on where you swipe your card. For example, using your credit card to pay electricity bill will earn you lesser points than a restaurant bill. The probable reasons for such cases can be: Utility services may not tie-up with lenders. Restaurants or even e-commerce websites may provide the credit card companies with high interchange fee to increase their sales. So, try and shop more from their tied-up vendors to earn substantial points. Be the best credit card user It is always wonderful to travel at discounted prices by redeeming those rewards. However, you need to be a smart user to enjoy such benefits. For example, make a habit to pay your outstanding amounts in full every month. Avoid spending way too much just to collect rewards. Keep an eye over the rewards’ expiration dates, and once they get accumulated, redeem them at the right time. Many NBFCs in India come with a bunch of credit cards according to your needs making your dream holiday possible at a fraction of the total expense. The Bajaj Finserv RBL Bank SuperCard provides industry-first features along with other benefits, some of which include: You can get up to 20,000 reward points when you apply for credit card. You can have interest-free cash withdrawals from any ATM across the nation to meet emergencies during vacation. Moreover, the card also provides an interest-free emergency loan on the unused limit for 0up to 90 days. You also have the advantage of converting your travel expenses into easy EMIs with zero or nominal interest rates. Get complementary access to airport lounges and a fuel surcharge waiver up to Rs. 100 per month with these cards. Bajaj Finserv also brings pre-approved offers on its credit cards. This exclusive tailor-made feature helps the existing customers to get an approval in no time. You can check your pre-approved offer by submitting a few necessary details online.