Diwali is one the biggest festivals in India and this is also the time when shopping for clothes, new appliances and big purchases take place. Big discounts and many offers are given during this time by shoppers and online marketplaces to lure customers and boost their sales.
Credit cards have made it easy for us to make small or big purchases in seconds without carrying cash in our pockets. You get reward points while you spend on your credit cards and also facilities such as no-cost EMIs and additional discounts help you save money. Here are how credit cards can make it your shopping easier this Diwali!
Festive Discounts and Cashback Offers
One of the biggest advantages of using credit cards during the festive season is access to exclusive offers. Many banks tie up with popular retailers, e-commerce platforms like Amazon and Flipkart, and lifestyle brands to offer festive discounts, cashback, or bonus reward points. These promotions are especially popular during Diwali.
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For example, some credit cards offer up to 10-15% instant cashback on specific categories, or extra discounts when you shop using a credit card issued by a partnering bank. By planning your purchases around these offers, you can save a significant amount of money.
Also Read: Top 10 Lifetime Free Credit Cards in India in 2024
Take Advantage of No-Cost EMIs
Festive purchases often include expensive items like electronics, home appliances, or even jewellery. Credit cards in India often offer the benefit of converting large purchases into No-Cost EMIs (Equated Monthly Instalments). This allows you to break down a big payment into smaller, interest-free instalments, which can be paid off over a few months.
Check the eligibility criteria for No-Cost EMIs, as they are usually available only on select products and for a limited period. This option is particularly useful for high-ticket items, ensuring you don’t stretch your finances too thin during the festive season.
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