Top 10 Reasons why you should own a Credit Card in India

A credit card is a plastic card that enables its owner to make purchases or access cash advances on credit. In other words, when you use a credit card to buy something, you're essentially borrowing money from the card issuer to make the purchase, with the promise that you'll pay the money back later.

Credit cards typically come with a credit limit, which is the maximum amount of money that the cardholder can borrow at any given time. Factors such as the cardholder's credit score, income, and credit history are taken into consideration by the card issuer to determine the credit limit.

Credit cards can be used to make purchases both in-person and online and can also be used to withdraw cash from ATMs, although this usually comes with additional fees and higher interest rates than regular purchases.

Credit cards also come with rewards programs that offer cash back, points, or other benefits for using the card to make purchases. Some cards may also provide additional benefits like travel insurance, theft/fraudulent transaction cover, airport lounge access etc. However, credit cards must be used responsibly to avoid accumulating debt, which can negatively impact your credit score.

Owning a credit card can be beneficial for various reasons, including:

1. Convenience: Credit cards provide a convenient and easy way to make purchases, especially for online transactions, and eliminate the need to carry cash.
   Credit cards can even help you manage your cash flow by allowing you to make purchases now and pay for them later. This can be especially useful if you need to make a large purchase but don't have the funds available.
2. Rewards and Perks: Many credit cards offer rewards programs that allow you to earn points, cashback, or other rewards for your spending.
   Additionally, credit cards are widely accepted in the travel industry, enabling you to book flights, hotels, and other travel arrangements without having to visit a travel agent or the airline's office. Also you get better deals while making payments through credit card for flight and hotel bookings in addition to accumulating reward points.
3. Building Credit History: Credit cards can help establish and improve your credit score by demonstrating that you are a responsible borrower. Consistently making payments on time and keeping your credit utilization ratio low can help build a positive credit history.
4. Emergency Situations: Credit cards can be useful in case of an emergency or unexpected expenses. Having a credit card with a sufficient credit limit can provide you with the necessary funds to handle unexpected financial needs.
5. Discounts and Offers: Many credit cards offer discounts and special offers on purchases made with the card. In fact, credit cards are the preferred payment method for online shopping in India, making it easy to purchase products from popular websites such as Amazon, Flipkart, and Myntra
6. Interest-Free Period: Credit cards often offer an interest-free period, which can range from a few days to a few months, during which you can pay off your balance without incurring interest charges. Some of the banks like IndusInd offer grace period as high as 50 days to pay off your balances.
7. EMI Options: Some credit cards offer the option to convert large purchases into easy monthly instalments (EMIs), making it easier to manage your finances.
8. Fraud Protection: Credit cards come with built-in fraud protection, which can help protect you from unauthorized transactions and fraudulent charges.
9. Contactless Payments: Many credit cards now offer contactless payment options, which make it quick and easy to pay for small purchases without entering your PIN or signing a receipt.
10. Bill Payments: With a credit card, you can pay your bills conveniently from anywhere. Many utility companies, such as those that provide electricity, gas, and water, accept credit card payments, so you don't have to stand in long queues or write out a check.

At IndusInd Bank, we offer a variety of credit cards that cater to diverse lifestyles. Whether you enjoy shopping, dining, traveling the world, or exploring new destinations, we have a card that suits all your requirements. Have a look at the range of instant cards we offer below -

1. Legend: Get access to premium travel, dining, shopping, and entertainment perks with this LIFETIME-FREE credit card. Enjoy exclusive offers on your preferred brands, earn up to ₹25,866 in rewards, and save up to ₹2,400 annually on fuel surcharges. With this card, you can earn 1 reward point on weekdays and double the points, i.e., 2 reward points, on weekends for every ₹100 spent.
2. EazyDiner: This credit card offers numerous enticing perks, including a complimentary 1-year EazyDiner Prime membership valued at ₹2950, as well as travel, entertainment, and insurance coverage. Additionally, you can earn 10 reward points for every ₹100 spent on dining, shopping, and entertainment with this card.
3. Nexxt: This is India's first interactive credit card that comes with interactive buttons and LED lights, allowing you to switch between payment modes effortlessly and pay with ease, anywhere. With this card, you can save up to ₹24,100 yearly on your everyday expenditures and up to ₹960 on fuel surcharges. Additionally, you can earn 1 reward point for every ₹150 spent.
4. Platinum Aura Edge: Enjoy a comprehensive array of features with this credit card, including discounts on travel, shopping deals, dining offers, and much more. You can select your preferred reward program based on your spending habits and earn up to 4X reward points for every ₹100 spent. Moreover, this card has no joining or annual fees, making it an excellent choice.
5. Platinum VISA: IndusInd Bank Platinum Visa Card provides customers with a variety of features, including a rewards program where you can earn 1.5 reward points for every ₹150 spent, a 1% fuel surcharge waiver, and insurance coverage for air accidents, lost card liability, and purchase protection.

Here’s why you should consider choosing an IndusInd Bank Credit Card.

1. Easy Application Process: Apply for an IndusInd Bank Credit Card quickly and easily from the comfort of your home or on-the-go with 100% paperless application process.
2. Lifetime Free: Unlike most credit card issuers, IndusInd Bank offers a variety of LIFETIME-FREE credit cards with hosts of lifestyle privileges, without any joining or annual fees involved.
3. Impeccable Rewards: Earn reward points on every transaction with your IndusInd Bank Credit Card and the best part is these points never expire so you can redeem them as per your convenience. You can even convert your points to cash to pay off your dues.
4. Offers on brands:Get exclusive discount offers on your favourite brands, such as BigBasket, MakeMyTrip, Ajio, Yatra, Swiggy, TATA 1MG, LG, Titan, and more, for dining, entertainment, shopping, and healthcare.
5. Protection features: IndusInd Bank Credit Cards come with a unique Total Protect feature that covers you for any unauthorized transactions in case of loss or theft of the card.
6. Fuel Surcharge waiver: Enjoy a 1% fuel surcharge waiver across all fuel stations in India with IndusInd Bank Credit Cards, saving up to Rs. 2400 annually on fuel surcharges.