These credit cards are offering the biggest discounts during the festive season; find out which products these offers apply to..
Several banks have announced festive offers on their credit cards. These include discounts on electronics, travel bookings, fashion, and online purchases. HDFC Bank, ICICI Bank, SBI, Axis Bank, and Kotak Mahindra Bank are offering deals across various categories for their credit cardholders.
Discounts of up to ₹20,000 on MakeMyTrip bookings
BankBazaar.com has gathered information regarding these offers from the websites of various banks and card issuers. Kotak Mahindra Bank is offering discounts of up to ₹20,000 on MakeMyTrip bookings when using select credit cards. MakeMyTrip is a platform for booking travel tickets.
Discounts of up to ₹16,000 on electronic products
SBI is offering its credit cardholders discounts of up to ₹16,000 on products from Bajaj Electronics. HDFC Bank is providing discounts of up to ₹15,000 on purchases made at Vijay Sales through its 'EasyEMI' program. Vijay Sales retails electronic products and home appliances from various brands.
Attractive discounts on EMI transactions
ICICI Bank is offering discounts of up to ₹12,500 on eligible credit card EMI transactions at Reliance Digital. SBI Card is offering an instant discount of 10% on eligible EMI purchases, with a maximum discount limit of ₹49,250 per card. Axis Bank is offering a discount of up to ₹1,250 on non-EMI purchases made on Amazon, while eligible EMI transactions qualify for a discount of ₹1,750. Things to Know Before Availing Discount Offers
It is important to keep in mind that such offers often come with conditions, such as a minimum transaction value, requirements for a specific type of credit card, or EMI-related terms. If you wish to take advantage of these offers, you should check for processing fees, interest charges, and any other associated costs. Only then should you consider converting your purchase into EMIs.
Festive Offers Can Reduce the Cost of Your Purchases
Adil Shetty, CEO of BankBazaar.com, stated that festive offers on credit cards can lower the cost of your purchases—especially if you are already servicing a loan or planning a major purchase. He advised that, rather than making an immediate purchase based solely on a discount offer, you should first understand the associated terms and conditions. You should then evaluate whether the offer actually results in genuine savings for you.
Disclaimer: This content has been sourced and edited from Amar Ujala. While we modified it for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
