Published by: Business desk
Last updated: August 29, 2023, 2:55 PM IST
Holiday Sale: If you use credit cards that don’t have an EMI option, they can be useful during this holiday season. (Representative image)
Festive Sale: To take full advantage of these offers, shoppers should know how to take advantage of this opportunity to use their credit cards strategically.
Online shopping platform Amazon and Flipkart aim to attract buyers with exciting offers and deals ahead of Independence Day. Amazon’s highly anticipated Great Freedom Festival and Flipkart’s Big Saving Days are live, luring customers with tons of cashback, discounts and exclusive deals. In addition to the regular offers, buyers can save more by using certain credit and debit cards for payments. To reap the maximum benefits of these offers, customers need to know how to take advantage of this opportunity to use their credit cards strategically.
1. Cashbacks often apply to specific product categories on different ecommerce platforms. So it is advisable to carefully review and select the items eligible for cashback before purchasing the product.
2. During the festival season, many brands work together with different banks to offer extra discounts in addition to the regular offers. If you own multiple credit cards, make sure you use the most appropriate one when shopping to maximize your savings.
3. It is advisable to keep an eye on the savings points. During the festive sale, you can use these points for additional benefits, which will lower your credit load. These points can sometimes be exchanged for cashback or give you access to various offers by contributing to a partial payment.
4. Numerous credit card companies offer a free EMI option, which allows buyers to spread the product price evenly over installments without additional interest charges. If you use such credit cards that do not have an EMI option, they can be useful during this holiday season.
5. Credit card reward points are attractive and it is wise to opt for cards with a higher reward offering. During the holiday season, big purchases can help you collect more reward points, giving you more benefits for future use.
6. If you make your first purchase from certain e-commerce platforms during this festival sale, you have a chance to win extra cashback. This added benefit makes online shopping hassle-free and often comes with free delivery options for almost all products.
7. Before shopping, it is recommended that you pay your credit card charges. It is critical that you make sure that your budget is not exceeded during the sale.
8. Certain credit cards offer bonuses. Applying for such tickets during the festival period can have additional advantages. Exploring the best credit card rewards programs will also give you access to additional reward points, which can be redeemed for exciting deals.
