Are Fuel Credit Cards Worth It?
Manage episode 330895177 series 3359553
With the fluctuating prices of fuel in the world, it is necessary to save whenever possible. Many top banks and lenders in the country are offering fuel credit cards which help you save more on all your fuel purchases. The annual fee of these credit cards ranges from zero to Rs.1,000 along with an interest rate ranging from 3.25% per month to 3.40% per month. Apart from offers and benefits on your fuel expenses, these cards also provide a wide range of offers in other categories such as entertainment, dining and shopping as well.
Click on this link to know more about: https://cardinsider.quora.com/Are-Fuel-Credit-Cards-Worth-It
What Is A Fuel Credit Card?
A Fuel Credit card is being offered by banks to customers in a bid to provide them with maximum benefit while purchasing fuel. Having this card enables those who constantly buy fuel for various purposes to lower the expenditure on fuel. Apart from that, it enables the users of Fuel Credit card to use it for other benefits with regards to lifestyle.
How To Apply For A Fuel Credit Card?
An individual can apply for a Fuel Credit card by visiting the nearest branch of the bank from which he/she wants to avail the card or apply online. The applicant needs to fill the application form and provide the documents asked for to get himself/herself the Fuel Credit card and cut down on the fuel expenses.
Who Are Eligible To Apply For A Fuel Credit Card?
The eligibility to apply for a fuel credit card seems to vary from bank to bank. However, some of the common eligibility norms that an applicant needs to fulfill are:
Need to have a good credit score.
Need to fulfill the minimum age and income bracket as prescribed by the bank.
Benefits Of Fuel Credit Cards
With many banks and financial institutions offering credit cards, the benefits that come with Fuel Credit cards differ. Apart from lowering the expenses with regards to purchasing fuel, some other benefits that come with Fuel Credit cards are as follows:
- Get Reward Points
- Redemption of points earned
- Eligible for Cashback
- Eligible for Surcharge Waiver
- Dining offers
- BookMyShow Offer
- Eligible for Turbo Points
- Waiver of Annual Fees
- Can make utility bill payments
- Eligible for Telecom benefits
- Concierge Service
26 епізодів