cashback rewards

Now a day’s, offers, discounts, and cash backs attract customers a lot. Various applications, bank debits, credit cards, and other schemes are available for the customers. These options motivate customers to make big purchases.

The banks set a particular cash rate on a fixed or flexible purchase amount. By doing this, they increase the number and amount of transactions. This chain gives a three-way benefit: 1st-way profit is to the manufacturer or supplier of the products and items that come under offer. 2nd-way profit is to banks, whose card customers are using for shopping. 3rd-way profits are to customers earning cash back after every purchase.

Sometimes, customers need clarificationbout the actual offer and the tricks to use the cashback offer. Due to this lack of knowledge, they need to earn more cashback than they can avail. Using cards is not the only way to earn cashback; it promotes cashless transactions. Cashless transactions help reduce the circulation of black money in the market, which is amazingly helpful in ating a corruption-free country.

Only some people know very well how to use their cashback rewards. I was shocked to learn that my friend George (imaginary name) visited the US six months ago, and his travel was almost free. George is an expert in using credit cards and availing discount deals. He has used his cashback and reward points for his US trip.

That day, I wondered why I was not earning such discounts and cash back as I was also a credit card user. I asked George to tell me exactly what I need to do to achieve the moneyback and discount deals, like you. George laughed at me and said,” You don’t have to pass a course for this.” I was watching his face with a fantastic expression. Then he bought a cup of coffee for him and me and offered me a seat near him. Then he discussed a few points everyone should keep in mind if they want to earn cash back and discount deals.

Below are the same points that George has shared with me:

George has shared

  • Selection of credit cards: Due to competition, several banks offer credit and debit cards with great cashback and other attractive deals. First, select a genuine bank card that is acceptable by almost all retailers and online shopping websites. If your daily or monthly purchases are high go with the card that offers good cashback and coupon deals on purchases. If your withdrawals, traveling, and other expenses are frequent, select a card with a great traveling deal. Also, check which bank’s card offers better offers than other banks.
  • Appropriate use of cards: Don’t get confused while using your credit and debit cards. It is obvious that today, people have more than two bank cards. Cards from HDFC bank, ICICI bank, CITY bank, Axis Bank, and more are famous for shopping. Usually, due to confusion, they use the wrong card during shopping or another type of swiping. This is the biggest reason they fail to achieve the benefit of their cashless shopping. So be calm and use the appropriate card to successfully target coupons. If you are shopping, use the cards containing reasonable offers.

If you are traveling or watching a movie, selecting an appropriate card will also lead you to achieve what you want. Have patience, and then think twice before you swipe your card.
  • Maximize your shopping with cards: This is a simple way to grab various attractive cashback and other discount offers. Reduce your cash transactions and focus on credit card payments. Make all your bill payments and recharges by using your cards with great offers. You may get lucky draws and scratch cards by applying this idea.
  • The trick to using credit: Sometimes, banks offer you a good deal on purchasing EMIs. Similarly, sometimes, backs offer better deals on credit or loan amounts. If your loan against a credit card offers a good deal, you must go for it immediately. You can use that amount for whatever you want or invest in other things. The main concern is staying alert on offers and grabbing the offer immediately.
The bank will provide more offers as you use your cards and achieve the deals. You can also get a Prime membership. Under prime membership, banks offer their prime members much better and high-class deals.

Use of reward points and scratch cards: It has been seen that after some time, users stop noticing and dealing according to their coupon codes and reward points. If you are also doing so, you are losing a good offer. Take care of your reward points and use your coupon codes to redeem them. A few one-time redeem points under the scheme must be used once, so if your amount against reward points is more significant, you can use it for traveling abroad. Some big purchases, such as on festivals or occasions, can also be a good idea to save expenses and get the best possible benefit from using your cards.

I have started following the ways mentioned above that George has told me. You will not believe that I have earned excellent offers in the last two months, and my reward points are also going well on every purchase. I suggest everyone use these tricks to benefit from every purchase.

If you spend an amount to buy something, that doesn’t mean your shopping is done. The world is full of intelligent people who think far away to achieve big on their small investments. I dream of visiting Singapore using my reward points or cashback amount. Now, I am desperate to use my cards and accept using cash for every transaction. One more benefit of using my cards for different types of payments is that I can now keep a record of all transactions, which was impossible while using cash for the same.

As I will change my lifestyle by using cards, I hope after knowing the easiest ways to properly using these cards, you all will also do the same.