The process to online apply credit card often leaves many people confused. With an overwhelming array of options available, the challenge lies in determining the best credit card that will perfectly complement your lifestyle. In this comprehensive guide, we will provide you with practical tips to help you unearth the card that best caters to your needs. Additionally, we will look at the benefits of the co-branded credit cards offered by renowned financial services Bajaj Finserv, and also illustrate how to apply for these cards.
1. Analyze Your Spending Habits
Understanding your spending habits is the key to identifying the best credit card for you. Are you a frequent flyer or do you often dine out? Are you a frequent online shopper or do you often visit brick and mortar stores for shopping? The answers to such questions will help you target credit cards offering rewards and cashbacks on categories where you tend to spend the most.
2. Check the Interest Rates
Credit cards usually have high-interest rates. It is therefore imperative to understand and compare the interest rates of different cards. If you do not intend to pay your balance in full each month, a credit card with a low-interest rate may be the best option for you.
3. Consider the Rewards and Perks
Credit cards often come with numerous rewards and perks such as air miles, cash back, and reward points, to name just a few. Prioritize credit cards that give rewards based on your lifestyle.
Let’s delve into two specific options offered by Bajaj Finserv in partnership with RBL Bank and DBS Bank that are worth considering.
A. Bajaj Finserv RBL Bank Credit Card
The Bajaj Finserv RBL Bank Credit Card is custom-designed to cater to a plethora of your spending needs. Whether you are a frequent traveler, an online shopping addict, or a movie fanatic, this card is tailored for you. The card offers attractive returns on your spends with reward points that you can redeem for a wide range of items.
Additionally, the card offers a generous credit limit and interest free cash withdrawal facility. There’s also an emergency loan feature which can be very handy. It includes extensive insurance coverage ranging from personal accident insurance to protection against unauthorized transactions.
B. Bajaj Finserv DBS Bank Credit Card
The Bajaj Finserv DBS Bank Credit Card is an all-rounder card offering numerous benefits including reward points, cash backs, and discounts on a myriad of everyday spends like dining, shopping, travel, among others. The card also comes with a high credit limit and offers the flexibility of converting high-value purchases into easy EMIs.
Here’s how to apply for these cards using the Bajaj Finserv app:
Online Application
- Visit the Bajaj Finserv website.
- Click on the ‘Credit Card’ section.
- Choose the Bajaj Finserv RBL Bank Credit Card or the Bajaj Finserv DBS Bank Credit Card.
- Click on the ‘Apply Now’ button and fill in the necessary details.
- Submit your application.
The approval process is quick, and if your application is approved, the credit card will be dispatched to your registered address.
Remember, the best credit card isn’t inherently the one that offers the most rewards or the lowest interest rate. Rather, it is the one that aligns with your spending habits, provides rewards on your high-spend categories, and propels you towards achieving your financial goals. Whether you choose Bajaj Finserv RBL Bank Credit Card or the Bajaj Finserv DBS Bank Credit Card, both offer value for money and a bunch of elegant features that are sure to enhance your credit card experience.