Co-branded credit cards: You get all these extra benefits on co-branded credit cards, there will be huge savings in festive shopping

The festive season is on. In this, we all shop for valuables ranging from clothes and electronics. Retailers and online platforms offer huge discounts to attract consumers at this time.

Do you know that you can make huge savings by shopping with co-branded credit cards this festive season? Let us know how this card is different from a normal credit card and what extra benefits are available on it.

What is a co-branded credit card?

Co-branded credit cards are credit cards that offer you higher discounts on purchases from a particular brand. Along with this, you are offered more reward points, special discounts and cashback on shopping. These cards not only help customers enjoy loyalty benefits but also offer discounts during festive sales.

Benefits of Co-Branded Credit Cards

Special discounts and offers

Co-branded credit cards often offer special deals on the brand they are associated with. These special savings are one of the primary reasons why using a co-branded card can be more profitable than using a regular credit card.

More reward points

One of the main benefits of co-branded credit cards is the accelerated reward points system. During the festive season, these reward points can translate into significant savings, especially on big-ticket items like smartphones, laptops and home appliances.

Cashback Offers

Many co-branded credit cards offer instant cashback at the time of purchase. For example, you are buying a television worth Rs 50,000 during a festive sale. If there is a 10 percent discount, the price becomes Rs 35,000. Moreover, with the 5% cashback offer from your co-branded credit card, you can save another Rs 1,750.

No-cost EMI option

Many co-branded credit cards also offer no-cost EMI (equated monthly instalments) facility during the festive season, allowing you to make payments without any additional charges.

Other benefits

Apart from retail shopping, co-branded cards offer benefits such as discounts on flight bookings, hotel reservations and dining, which can be useful when planning a holiday trip.

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