HDFC Bank is one of the leading banks in India. You will find a wide category of credit cards offered by the HDFC Bank covering from entry-level credit cards to super-premium credit cards. You can find cash back credit cards, rewards credit cards, lifestyle credit cards, travel credit cards under the list of credit cards. HDFC Bank has strived to meet all the needs of its customers through credit cards. Having a credit card is one thing but using it wisely to your advantage is another. The credit cardholder must know how they can enhance the benefits of their credit cards. In this article, we have listed down some tips on how you can enhance the benefits of your HDFC credit card. Keep reading to know more.

 

  • Choose the right credit card: The first and foremost thing to do is analyze your needs and spending habits and accordingly compare the best HDFC Credit Cards to choose the one that suits them best. Selecting the right credit card is the first step towards enhancing the benefits of your credit card.

  • Sign-up bonuses: The one way through which you can enhance your HDFC Credit Card benefits is by availing of the sign-up bonuses. On some credit cards, you will find that the welcome offers are conditional offers. Making certain payments in a given period of time lets you enjoy the sign-up bonuses.

  • Categorize and spend: After getting an HDFC Credit Card you need to categorize your spending and see which transactions let you earn reward points. After that start using your credit card for only those transactions so that you can enhance the benefits of your credit card. Moreover, HDFC Bank provides you SmartBuy platform where you can find all the HDFC SmartBuy offers that you can avail yourself of using your HDFC credit card.

  • Using credit card every day: The credit cardholder must use their credit card every day for transactions like grocery shopping, utility bill payments, etc. directing these expenses to your credit card rather than paying through cash helps you in building a credit history.

  • Check your credit card statement: To enhance the benefits of your HDFC credit card you need to keep a track of your credit card statement regularly. Checking the statement keeps you informed about your expenses as well as helps you in reporting any errors and omissions that can hurt your credit history.

  • Keep dues clear: This is the most important thing that a credit cardholder must not forget. You need to keep your credit card dues clear all the time and in full. Keeping dues clear helps in building a strong credit history. You can check the HDFC Bank official site here to know all the payment channels that you can use for paying your credit card bills.

  • Keep low credit utilization ratio: Another thing a credit cardholder should keep in mind while using a credit card is keeping a low credit utilization ratio. The ideal ratio is considered between 30% – 40% which should be maintained in order to build a good standing account. 

 

Bottom Line

The whole process of maximizing the benefits of a credit card requires you to keep in mind three vital factors namely credit card rewards program, thoroughly reading the most important terms and conditions, and lastly always keeping the credit card dues clear in full. Using the credit card rewards program strategically will definitely help you get the most out of your credit card. While reading the most important terms and conditions of your credit card keeps you informed about all the fees and charges. Being responsible while using a credit card is the key to maintaining a good standing account.

Share your tips on how one can enhance their HDFC Credit Card benefits in the comment section.