Credit Card Apply924 views
When it comes to applying for credit cards, the purpose differs from one individual to another. Some are interested in the air miles and lounge access while others like a card that gives the best online shopping benefits. However, in today’s time nearly everyone drives, thus making fuel reward card a big boon for many. Banks have capitalized on this situation, hence have started coming up with various options through which you can save money and earn various rewards when you pay for fuel via using your credit card.
Moreover, the fuel cards are preferred by those individuals who spend more on fuel because of various reasons like to be in a job that requires frequent travelling such as commuting to office, courier service, transport, etc, and others who enjoy travelling. Well, the rewards can add up fast.
Furthermore, as there are various credit cards that come with exclusive fuel offers, but card applicants should need to know which card would help in saving them money effectively.
For your reference, here are the few tips:
Well, you need to consider the money that you have saved through lucrative discounts and high rewards offered to you on your fuel purchase. If you own a credit card which is solely for the purpose of fuel, you must be getting some perks and benefits while using the card. The credit card companies give you rewards or cash back , if you often use their cards for fueling purpose. So, the next time you use the card, you don;t need to give the money as you can manage it with rewards and cash back that you have in your card. Hence, it allows you to save money.
It is a very essential feature that you need to understand because there are only few credit cards that give discounts on your fuel purchase from all fuel outlets across India. So, it is important for you to understand whether the credit card payment option and the fuel benefits are available in that particular outlet or not, before you go there.
There are some banks that give you the complete surcharge waiver. While on the other hand, a few give only a particular percentage of waiver. SO, you should know about the surcharge details as it will help you in selecting a credit card that gives you the maximum benefits on the fuel surcharge.
Annual Fee Charges
However, one thing that needs to be mentioned here is the fact that credit cards coming with maximum fuel benefits generally have a high annual fee than the regular cards. Thus, the only choice you are left with in that case is to have a no annual fee card is through spending the minimum required amount every year, and failing to which is a high fee charged annually.
Hassle Free Redeem Feature
When it comes to redeeming the rewards and other discount benefits, it is surely a great thing to have, but there are plethora of credit cards that have complex redeeming procedure. As a result, the cardholder won’t be able to utilize the card to the fullest via using all its features. Thus, in order to have the best value for money, you need to use a fuel card that has easy redeem feature.
Best Credit Cards for Fuel in India
When it comes to fuel, there are many credit cards available in the marketplace, known for offering impeccable benefits and features. The best thing about these fuel credit cards is the fact that you have plenty of options to choose from. Yes, with many credit card companies available, you can easily choose a card, which is best for you. You can choose from many options such as SBI, ICICI, HDFC, Indian Oil, Citi Bank etc. So, owning these fuel credit cards is surely a smart choice as it helps you in saving a lot of money.
(Updated on: 22 August, 2016)