We are all aware of the perks of using a credit card. From using the points to fly business class to getting hold of your favorite gadget – all of that is possible if you have a good credit score.
Let’s say you book an expensive holiday using your credit card. This will enable you to rack up many credit points which you can redeem later. The redemption is mostly in the form of a cashback, so it is almost like a double win!
Some credit cards give you points with every single purchase that you make.
However, the rewards are not just limited to using a credit card. You can also earn rewards and even cashback by paying your credit card bills.
If you pay your credit card bills on time, there are several rewards that you can claim. The cashback attached to the payments is absolutely gratifying!
There are two kinds of customers paying their credit card bills. The first ones are surprised each month with the cashback rewards because they are unaware. The second kinds are aware and know the potential of these cards.
The ones who have recognized this potential make it necessary to pay their credit card bills in a systematic and strategized manner.
Several apps give you the facility of earning cashback if you pay your credit card bills through them.
Let us understand how you can actually earn cashback by paying your credit card bills –
Pay your bill via the PhonePe app:
India’s leading payments app recently launched its cashback offer. If you pay your credit card bills through the Phonepe app and win a scratch card.
A minimum transaction of Rs. 500 will help you earn a maximum cashback of Rs. 1,000. It is hard to resist the offer, isn’t it?
The app has more lucrative offers if the payment transaction you make is higher. Use this app regularly for your bill payments to get higher rewards!
Pay via Paytm:
Another leading payment app Paytm has an entire dedicated section for cashback. By turning it on, you can receive offers daily.
Pay your credit card bill through Paytm and get hold of some exciting cashback offers.
However, a cashback is only received after you make these transactions regular. Pay 5 consecutive credit card bills of Rs. 3000 or more, and bag the cashback! The more your bill, the higher your cashback.
Pay via the new app – CRED:
We are sure you must have seen many ads on the television of the newly launched app, CRED. It is a convenient mode of payment. It also allows you to pay your credit card bills through the app.
Additionally, it is also one of the most famous apps, serving its customers with insane rewards! The app also reminds you to pay your bills on time.
You can use your debit cards, or savings account to pay the bills. If these accounts provide you with points, the reward points you will be earning can be quite impressive!
A superlative credit card like that of the Bajaj FinServ RBL Bank SuperCard gives you additional bonuses. It combines the power of 4 cards together. Enjoy the benefits of a debit card, EMI card, credit card and loan card in one. How interesting?
They even offer 20,000 credit card points as a welcome treat. Earn points every time you swipe the card. And win cashback every time you pay your card bill!
The maximum cashback amount offered by CRED is Rs. 10,000. Read our full CRED review.
Use your debit card to pay your credit card bill:
Some debit cards offer cashback when you use them to pay your credit card bills.
However, you need to confirm with your debit card issuer if you can use it for credit card payments.
To make things more transparent, let us give you an example.
HDFC EasyShop Platinum Debit Card gives 1 cashback point on every transaction of Rs. 100. Each point is worth Rs. 1. So if you pay a credit card bill worth Rs. 5000 for a month, you will receive 50 reward points. This will be worth Rs 50.
The higher your credit card spending, the higher reward points converting into rupees.
The Mobikwik app:
This app gives different codes in order to receive cashback on your credit card payments.
Minimum transactions and rewards differ according to their monthly schemes.
Their recent offer gives a maximum of Rs. 200 cashback on the payment of a minimum amount of Rs. 2000.
Little Pixi – the coupon wonderland:
Every credit card comes with new offers every day. There are new offers added, and old ones are scrapped.
However, it is not easy for an individual to keep track of all of them and utilize them.
This is why the Little Pixi website exists! It helps you search for coupons that work and save money on everything. They also mention transparent terms and conditions.
It also helps you compare offers and save money on 4000+ stores.
Use a VISA credit card:
A card that uses the VISA network is called a Visa credit card. Many banks across the world offer credit and debit cards affiliated with the Visa brand.
The good thing about these cards is that it offers vouchers and cashback when you pay the bill via net banking.
Different banks offer different rewards when you use their net banking services to pay your credit card bills.
For example, ICICI bank internet baking offers discount vouchers worth Rs. 5000 when used to pay your credit bills. You can redeem these coupons by visiting the CouponDunia site mentioned on the official website of ICICI bank.
These are a few ways in which you can earn cashback by paying your credit card bills. Online transactions have genuinely made the mode of payments very easy.
Along with that, numerous rewards, points, cashback offers, gift cards, and vouchers are given. They act as icing on the cake. What could be better than earning money by giving out money? Paying your credit card bills on time was never so exciting!
Check the due date of paying your bill today and ensure that you use one of the above steps to do the same.
It will not only make the payment process seamless but surprise you with exciting rewards, too!
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