Are You Using Your Credit Card Right? Tips & Tricks to Get Maximum Returns on Your Credit Card

Credit cards have been extensively used by millions of salaried employees as well as business persons. They are surely the new way of life. The ease of using a credit card for everyday spends are simply undeniable. Whether it is shopping at the swipe of a card, dining at the trendiest restaurants or booking flight tickets within minutes, the benefits of credit cards are endless. According to an online survey conducted by TransUnion Cibil, 57% of the urban Indian consumers use credit cards more in the recent times and 19% consumers are likely to apply for a credit card in the future. While this accomplishes that Indians are moving towards the cashless era, there are various important tips and tricks that make using credit cards all the more beneficial for the consumers.

From hefty discounts, exclusive offers and rewards points to serving as a tool to track our expenses, a co-brand credit card serves many purposes and gives plenty of added benefits, such as travel benefits like complimentary air tickets, dedicated check-in, lounge access, extra baggage allowance, and so forth. In this plethora of credit cards, it is important that you choose a travel and lifestyle centric card that best meets all your requirements. Here are a few tips and tricks that will help you select the perfect credit card and get maximum returns on it.

1. Know your card

The most important aspect of using a credit card optimally is by making sure that you know the credit card you opted for. Analyse the discounts, benefits and reward options that come with your card and check if they serve your purpose. One of the best reward systems that work for many is a miles card that makes travelling easier and hassle free. We know that majority of the credit card users in India hails from the urban areas and travels either for work or pleasure. Credit cards with miles points will make these travel plans cheaper and more beneficial for all. To know more about such credit cards with airline miles as rewards, click here .

2. Analyse your spending

Credit cards are the perfect tool for budgeting if you are an avid user. The monthly credit card statements are accurate testaments for our monthly spending and analysing these bills will help you know your habits and plan better. In addition to this, the various credit cards like the Jet Airways / JetPrivilege credit cards are available for application through cards.jetprivilege.com, which has an analyser tool that can help you find the perfect card for you as per your travel and lifestyle, and even calculate the number of free flights that you can get with each card. This tool also helps to check the number of free flight tickets each credit card can earn based on your spending. So take a look at your credit card bill to see exactly where your money went and whether it was in line with your goals for the month. This simple practice will help you to keep a tab on your spending and plan better for the future.

3. Get more benefits than you pay

Now that we know how to gain the rewards, it is important to know if the rewards make sense. Whether the annual fee is Rs 500 or Rs 5000, if the reward is more than what you pay, it can be established that the credit card is right for you. Let us take the example of the Jet Airways / JetPrivilege credit cards. The rewards on these cards range from special access to lounges and golf courses to extra baggage allowances, and many more.

4. Sign up Bonus

Another important thing to look for in a credit card is if your card has a good sign up bonus . When it comes to credit cards, there are hundreds of options to choose from. But the best options have to be the ones with hefty sign up bonus. Imagine opting for a card that gives you a complimentary watch or a bag when there are competitors like Jet Airways / JetPrivilege co-brand cards, giving out free flight tickets, discount vouchers and extra JPMiles (reward points), which option do you think is the better returns?

To sum up, choose a card that rewards you well. The above are just some simple pointers that will help you decide if your credit card is the right card for you and if it's giving you the best returns. While there are many cards that promise some of these benefits, the one that stands out as a true winner has to be the Jet Airways / JetPrivilege co-brand cards simply because it lets you enjoy complimentary flight tickets, access to lounges, dining benefits, discounts on joining fees and extra joining bonuses. So the question that we leave you with is, if your credit card is not giving you all of this, are you using the right credit card?

Watch the below video to see how an avid Jet Airways / JetPrivilege co-brand card user benefits on earning JPMiles on everyday spends.