Choosing the most suitable category of credit cards as per user purchase patterns and habits become a difficulty for many without the right knowledge. With a wide variety of products available for distinct lifestyles, individuals often get confused regarding the financial perks of each one. Therefore, it becomes necessary to shed light on the best credit cards that provide exclusive offers and benefits based on one’s lifestyle.
The process for a credit card apply is mostly online, with the presence of the means for a successful application right at the tips of the applicant. As a result, it takes hardly an instance to obtain a designated card suited to one’s distinct lifestyle.
How to choose a credit card depending upon lifestyle?
Individuals use their credit cards for various purposes and purchases that primarily include travel expenses, business costs, and shopping expenses. Therefore, reputed credit card issuers have come up with favorable options of suitable credit cards designed most specifically for each category of purchase.
Thus, the types of plastic money that individuals can choose the credit card to apply option for are as follows –
- Travel credit cards – Travel credit cards target individuals who engage in by-road commute or airline travel frequently. They can earn cashback on cab rides, including attractive discounting options on airfare and complimentary entry in airport lounges.
- Shopping credit cards – Issuers design these credit cards for individuals who frequently resort to e-commerce platforms for regular purchase of groceries, appliances, electronic goods, garments, etc.
Additionally, they can convert big-worth buys into affordable EMIs to mitigate their immediate financial burden from such expenses.
- Business credit cards – Entrepreneurs can leverage business credit cards to finance their short-term cash requirements and reasonable working capital needs. Besides, they can financially benefit from discounts on business trip costs such as hotel accommodation charges, airfare, and much more.
- Fuel credit cards – Individuals can combat high fuel prices with these credit cards. Fuel credit cards offer waivers on surcharge and high reward points, with which, cardholders can purchase fuel for free. Usually, these co-branded credit cards are provided by financial institutions in partnership with fuel companies.
These are thus the various types of credit cards that can choose from depending upon one’s spending habits.
Besides, they can apply a few additional tips to get the most out of their credit cards. Therefore, it becomes essential to check out the application process for the best credit card in India.
How to apply for a lifestyle credit card?
The credit card application process as per lifestyle involves the following steps
- Step 1: Visit the official website of a leading financial institution.
- Step 2: Browse your way to the ‘Credit Card’ section.
- Step 3: Select the most suitable category of credit cards from a host of options.
- Step 4: Click on the ‘Apply Now’ option.
- Step 5: Provide basic details including your name, date of birth, PIN code, and contact number.
- Step 6: Authenticate the application process by entering the OTP from the registered contact number.
Individuals can apply for the credit cards like the Bajaj Finserv RBL Bank SuperCard by following the steps mentioned above.
Bajaj Finserv also provides pre-approved offers that substantially narrow down the time and efforts related to the credit application process. These offers are available on numerous financial products such as credit cards, personal loans, business loans, etc. Individuals can have a look at their pre-approved offer simply by providing their names and basic contact information.
The credit card application process also requires applicants to submit vital documents such as Aadhar Card, PAN Card, Voter ID Card, electricity bills, ration card, or driver’s license. Additionally, they also have to submit proof of income in the form of IT returns, employee’s play slip, Form 16, or financial institution statements for the last 6 months.