Home » From Discounts to Exclusive Gifts; Here Are 5 Credit Card Benefits You Can Avail This Diwali

From Discounts to Exclusive Gifts; Here Are 5 Credit Card Benefits You Can Avail This Diwali

by Sneha Shukla

There are various credit card types in India catering to different requirements and needs of users. Some of the advantages of credit cards include providing financial support, especially during the festive season, accumulation of the reward points that can be used to purchase gifts and other items, and cashbacks and other offers that come along with the credit card. Regardless of what your needs are, it is imperative that you are aware of the different advantages offered by each credit card before applying for it.


Features and Benefits of Credit Cards

A credit card is a useful tool for paying for products and services. You can also use a credit card online as well as offline. One of the key advantages of using a credit card over cash is that you get a period of free credit. As a result, you can buy a lot of things, especially during Diwali and other festivals, without having to utilise your savings.


The benefits offered by a credit card are tailor-made to ensure that you get to enjoy maximum savings on your spending. Let’s take a look at five credit card benefits you can apply for  this festive season


  • Convenience

Why carry lots of cash when you can pay with a swipe of your card? A credit card is one of the most convenient methods to pay for anything – no more counting change or writing checks; simply swipe the card!


  • EMI

One distinct credit card advantage is the ability to purchase flagship items at low EMIs. When making a big purchase, you can break the payment into easy instalments ranging from 3 – 36 months depending on the bank. The amount can be paid back over a period of your choice.


  • Loan

In certain cases of emergencies, you can get a loan facility against their credit card. It’s one of the advantages of a credit card that you can’t get with cash or a check.


  • Discounts and other offers

Another lucrative advantage of a credit card is that it gives you access to a variety of CashBacks and Reward Points, including fuel fee exemptions and amazing online shopping deals, especially with certain offline and online transactions. You earn rewards every time you pay with a bank credit card that can be used for future purchases.


  • Approvals and Customised Limit

It is quite easy to get approval on a credit card when you apply for it both via online and offline modes. Also, you can customise the credit card limit based on your credit score and debt-to-income ratio. Here’s a quick tip – the higher your credit score, the higher could be your credit limit.


 How to Apply for a Free Credit Card

The next step to enjoy the various benefits and features offered by a credit card would be to apply for a free credit card. They’re free to apply and don’t require you to pay any annual or renewal fee. They’re highly advantageous for individuals like students and first-time credit card users. Here’s a quick look at how to apply for a credit card under this category.

You could either visit the nearest branch of the bank and fill out an application form or apply online through the bank’s official website. To apply online, follow these simple steps:

  • Head to the official website and browse through the credit card section
  • From the list of credit cards offered by the bank, choose a ‘no fee credit card’
  • Next step would be to check the eligibility criteria – you must be in the age group of 21-60 years and must be working as a salaried or self-employed individual
  • If you fulfil all the eligibility criteria, click on the ‘apply’ key to apply for a free credit card
  • Here, you have to enter in your personal information like name, age, date of birth, proof of income, proof of identity, and proof of address
  • On entering all the information, submit the required documents of proof like the Aadhaar card, PAN card, utility bill, passport, ITR documents, etc. for the bank to validate the information
  • Once all the details are entered, click on ‘submit’




These are just a few of the many compelling reasons why you should apply for a free credit card. Credit cards have practically become a necessity in today’s world. A credit card gives you convenient access to low-cost credit, so you don’t have to wait for your next paycheck to buy what you want during the upcoming festive season. Credit cards can also come in handy in times of financial emergencies. So, as you step into the festive season, do check out your favourite credit card today!

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