Credit cards can help you save heaps!

Rajiv RajCreditVidyaThe expense side on our personal budget is where we see the numbers creating an impact. Limiting the expenses is a definite way to stick to the budget. But what if we could save while spending?Well, it is possible! Credit cards make it work that way. And by mentioning that, in no way are we encouraging overspending by indulging often. By understanding the various benefits offered by credit card companies and using the cards while making expenses falling in a certain category, saving up is possible. There is so much on the plate in the form of bonus points, cashbacks, discounts, etc. Plan and swipe right and watch the money flow back to you! Here are some benefits you can make use of.#1 Travel on the list!Travelling is serious business. It takes money, time and planning. Simply having it on the wish list is not enough. Cards which can offer saving opportunities while planning travels will certainly make the road feel smoother! Cards like IRCTC SBI platinum card offer exclusive travel packages. Cash in on those miles if you a frequent flyer with cards offering those rewards like the HDFC Bank All Miles card. #2 Entertaining offers!Movie buffs this one is especially for you. Everyone deserves their share of entertainment after working so hard for the entire week. A movie experience offers exactly that. But weekends also see a sharp increase in the ticket rates. Don’t let that steer you clear from the theaters! Credit cards like the HDFC Premier MasterCard offer as much as 50% cashback on purchase of movie tickets. It’s all smiles from the theater to the bank account with offers like these!#3 Fueling savings!Fuel is a necessary expense and claims a large amount of our budget. Fuel expenses also have a tendency to shoot up overnight with an announcement via the news. We are still not sure how much saving is possible through new rules imposed by the government like the odd even vehicles rule experiment. However, one can save over 5% on fuel purchase at Indian Oil outlets by using the IndianOil Citibank Platinum card. #4 Shop up a storm!And why not when you know that you can save simultaneously! Shopping happens throughout the year and obviously a lot more during the mega sale times twice in a year. For some people its compulsive, for some therapy and others a necessity. With so many lucrative offers thrown our way it is difficult to stick to the list. Indulgence happens without the intention and guilt pangs strike. To make the after effects of shopping on your bank account a little less dramatic and helping you save more are cards with great cashback offers. HDFC Bank MoneyBack card is one such! Could shopping get better than redeeming reward points as cashback?#5 The internet of benefits!Online shopping is the thing these days. It’s convenient, offers great discounts and has easy return policies. What’s not to love? Credit cards tie up with online shopping partners to offer even better deals to their clients. Check if your card has such alliances and reap the benefits! The product pricing is competitive across websites. Shopping with the preferred online partner will ensure you get the best deal in the market. Credit cards and online shopping for the win!It’s all about spotting the opportunities, staying updated and gaining benefits! Here’s hoping that the points above have successfully highlighted the saving potential of swiping credit cards smartly. The credit card mentions in this article are to be taken as examples and the details of the offers must be verified with the respective card companies. We wish you happy spending’s and savings!