As soon as the festive season arrives, there is a craze for shopping everywhere. From clothes to electronics and jewellery, everyone wants to buy their favourite things. During this time, shops and online shopping platforms offer huge discounts to attract customers.
But, do you know that you can save even more this festive season? Yes, with the help of co-branded credit cards, you can earn additional cashback, discounts, and reward points on shopping.
These cards are issued in partnership between a bank and a retail brand. You get special benefits on using these cards, such as special festive discounts, more reward points, and cashback on shopping at partner brands.
What are co-branded credit cards
Co-branded credit cards are issued by National Market Bank with a particular brand. On these cards, you get most of the reward points, special editions, and cashback offers for shopping at that brand. These cards not only offer loyalty benefits during festivals but also help you in the festival season sales.
Benefits of using co-branded credit cards
1. Exclusive offers and discounts Co-branded cards often offer special deals on specific brands, valence agar. These are the biggest savings that make using co-branded cards the most profitable.
2. More reward points A big advantage of co-branded credit cards is the quick accrual of reward points. During the festive season, these reward points can lead to big savings, especially on electronics items like technology, laptops, and home appliances.
3. Instant cashback offers Many co-branded cards offer instant cashback at the time of purchase. For example, you are buying a TV worth ₹40,000 in a festival sale. A 10% discount brings the price down to ₹36,000. On top of that, there is a 5% cashback offer on your co-branded card, so you save ₹1,800 more, which brings the price of the TV down to ₹34,200.
4. No-interest housing facility An official statement from Bankbazaar.com CEO Adil said, “The facility of no-interest housing facility (equated monthly installments) is also offered so that you can pay without any additional charges. You can make a reward.”
5. Other Bangalore Benefits Near the shop, co-branded cards are also given on Flub Show call, Hotel Reservation, and Canteen, which can be used to document the scale.