How to Maximize Rewards with Good Credit Cards in India

Good Credit Cards

Credit cards have become an essential part of daily life for most individuals in India. The right credit card can help you earn significant rewards that you can use for shopping, dining out, travel, and other activities.

However, with so many options available, it can be confusing to find the right card for your needs. In this article, we will discuss how to maximize rewards with good credit cards in India.

How to get a credit card in India

Before delving into how to maximize rewards, let’s start with the basics. To get a credit card in India, you must meet the eligibility criteria set by the bank. The criteria may vary from one bank to another, but they generally include the following:

– Age: you must be at least 21 years of age and not more than 65 years old.

– Income: most banks require a minimum income of INR 20,000 per month to qualify for a credit card. However, this may vary depending on the card’s features and benefits.

– Credit score: a good credit score is essential to get approved for a credit card. Most banks require a minimum credit score of 750 to 800.

– KYC documents: you will need to submit your Know Your Customer (KYC) documents, including your identity proof, address proof, and income proof.

Once you meet the eligibility criteria, you can apply for credit card or visit the bank’s branch. The application process generally involves filling out an online form or physical form, submitting the required documents, and waiting for the bank’s decision. If your application is approved, the bank will send you the credit card within a week or two.

How to maximize rewards with good credit cards in India

Now that you know how to get a credit card in India let’s discuss how to maximize rewards with good credit cards. Here are some tips to help you get the most out of your credit card rewards:

1. Choose the right card

The first step to maximizing rewards is choosing the right credit card. There are different types of credit cards available, including cashback cards, rewards cards, travel cards, and more. Each card offers different benefits and rewards, so it’s essential to choose a card that aligns with your spending habits and lifestyle.

For example, if you spend a lot on dining out and entertainment, you might consider a cashback card that offers higher rewards on these categories. If you travel frequently, a travel card that offers air miles and hotel stay benefits might be more suitable for you.

2. Understand the reward structure

Once you have chosen the right credit card, it’s important to understand the reward structure and how you can earn rewards. Most cards offer reward points that you can redeem for cashback, merchandise, or discounts. The number of points you earn depends on your spending and the rewards structure of the card.

For example, if your credit card offers 2 reward points for every INR 100 spent, you can earn 200 reward points for spending INR 10,000. Once you accumulate enough points, you can redeem them for rewards.

3. Use your credit card for daily expenses

To maximize rewards, you should use your credit card for all your daily expenses such as grocery shopping, utility bills, fuel, and more. However, it’s important to ensure that you stay within your budget and not overspend.

Using your credit card for daily expenses not only helps you earn rewards but also ensures that you don’t miss out on any rewards. Many credit cards offer reward points for specific categories such as fuel, dining, or shopping. By using your card in these categories, you can earn higher rewards.

4. Pay your bills on time and in full

To avoid paying high-interest rates and late fees, it’s important to pay your credit card bills on time and in full every month. This not only helps you save money but also improves your credit score, which is essential for getting approved for loans and other financial products in the future.

Paying your bills on time also helps you earn rewards without losing them due to late fees or interest charges. Many credit cards offer bonus rewards for paying your bills on time, so it’s a good idea to set up automatic payments or reminders to ensure that you don’t miss any payments.

5. Keep track of your rewards

To maximize rewards, it’s important to keep track of your reward points and how you can redeem them. Most banks offer online portals or mobile apps where you can view your account details and rewards.

Reviewing your account regularly helps you identify any discrepancies or fraudulent activity and ensures that you don’t lose any rewards due to expiration or other factors. Some credit cards also offer expiry dates for reward points, so it’s important to use them before they expire.


In conclusion, credit cards are a great way to earn rewards and maximize your spending. By choosing the right credit card, understanding the reward structure, using your card for daily expenses, paying your bills on time and in full, and keeping track of your rewards, you can get the most out of your credit card rewards in India. Remember to use your credit card responsibly and within your budget to avoid overspending and debt.

By guestpost013

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