One of the major attractions of owning a credit card is the associated rewards program that comes with it. However, you have to make the most relevant choice from an array of options that are present in the market. Different cards come with different perks. There are miles, cashback, reward points etc. that you are […]
Reward points are considered to be one of the most attractive benefits offered by credit cards . Whenever you use a credit card, a few reward points are credited to your account. Once you reach a certain reward point threshold, for example, 2,000 points, you can redeem the same as gift vouchers, merchandise or cash credit.
You may think that just because you did not activate the card, it would cause no harm to your finances. But you must note that even if you did not activate the card, your credit card account is still open. If it carries any annual fee, you will have to pay the same. However, if the card is free, you can keep the account open and not use the card as the unused credit limit will improve your credit score.
Women love to shop and to fuel their obsession the banks have introduced credit cards that are exclusively designed for shopping. These cards come with various benefits such as reward points, cashback, shopping vouchers, etc. HDFC Solitaire Credit Card and Kotak Silk Inspire Platinum Credit Card are the best credit cards for women that offer huge discounts. Further details are mentioned in this article.
