4 MinsDec 17, 2022
Sunil Dhingra, 31, loves to travel so much that he describes his job at a large private sector firm as just a means of providing him with travel money. He is frugal in his tastes, saves every penny possible and then uses the funds to travel
His “bucket list” of travel destinations is very long, and even though in seven years of working and saving, he has already been to 12 different countries, that list keeps growing.
Sunil generally travels solo. His most important “companion”, as he describes it, is his Axis Bank Credit Card. He outlines the reasons as follows:
The most significant benefit, of course, is convenience. With his Axis Bank credit card, Sunil doesn’t have to worry about carrying too much cash when he goes sightseeing or visits restaurants, museums
and cafes. Just swipe the card, and you are done.
2. Discounts and Cashbacks
Sunil’s Axis Bank Credit Card offers some delightful deals on his travel-related shopping. These include discounts and cashback, be it booking flight tickets and hotels online or shopping.
3. Reward points
Sunil’s Axis Bank credit card comes with a generous Axis Edge rewards points programme. The more he spends on his card, the more points he earns, which can then be redeemed
for shopping for gifts for his family and friends.
4. Lounge access
Often Sunil’s travels involve long layovers between flights. His credit card gives him access to airport lounges, making these less tiresome.
5. Fraud and purchase protection
For a small fee, Sunil has been able to buy fraud and purchase protection on his card. This protects him from the liability arising from the card being used fraudulently and also if something
he buys using that card is faulty or damaged.
[Also Read: Importance of choosing a credit card that suits your needs]
Precautions to take while using a credit card on a holiday:
Sunil also follows some simple precautionary rules when using his credit card for all his travels.
- Never spend more than you can repay. After all, credit card expenditure is a form of an unsecured loan on which banks tend to charge a high-interest rate.
- Pay off the total bill before the due date. If this is not possible, explore opportunities to convert the pending amount into EMIs (Equated Monthly Installments).
Never default on a credit card payment. Not only does it attract penal interest, but also adversely affects the credit score.
- Never use a public Wifi network for online shopping. These often tend to be insecure, and hackers could access your card data and misuse it.
- Always ensure the card is swiped before you, especially in restaurants or cafes. Never hand over your credit card for swiping away from your scrutiny. This will help in preventing fraud.
Axis Bank offers a range of credit cards with various benefits tailored to its customers' preferences. Customers are also entitled to Edge Reward points depending on their spending patterns. You can redeem them for a range of attractive deals
You can learn more about Axis Bank Credit Card online.
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