How to earn and redeem Credit Card Points
How to earn and redeem Credit Card Points

Disclaimer: This Article is for information purpose only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. Bank make no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Newsletter. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from Kotak. Kotak, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not own, control or supervise such website, and bears no responsibility for them
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
22 MAY, 2020
Cashless transactions have become extremely popular in today’s time. There are several ways to undertake this form of payment and credit cards are one of the most popular options. It has aided in considerably bringing ease of payment in all walks of life. Additionally, you enjoy a slew of benefits that can help you save money and promote good financial growth.
It is essential to know how to use a credit card smartly to reap the maximum benefits that come along with it. Credit Card issuers usually offer reward programs and you can use these to earn rewards and redeem your credit card points for a variety of perks and benefits.
Pick a suitable credit card – The first step is to pick a credit card that compliments your lifestyle. If you are a frequent traveler, then you should get a credit card that lets you redeem your points on hotel stays, flight tickets and more. On the other hand, a card that offers rewards on certain shopping categories such as apparel and groceries is a good pick for a frequent shopper.
Here are some ways to through which you can earn credit card reward points:
When using a credit card, use it responsibly by making monthly spends within the limit. Albeit, do not spend beyond your means just to earn reward points.
The typical ways through which you can redeem your credit card points include:
It is your lifestyle habits that will help determine if earning credit card points bring value to you. Be well aware of all the limitations that come attached with it. Keep a close note on all the terms and conditions to prevent any discrepancies when using one.
Read more about the best credit card benefits you can avail here.
You have already rated this article
OK