Credit cards are not only a payment medium; they are very much connected to a whole world of hidden extra benefits and features that most users won’t take note of. While a few other users become engrossed in cashback, reward points, and EMI options, there are also many other benefits a credit card can offer you.
If you are not aware of these hidden secret perks, yes, that means you are missing a very important opportunity to save money, value, and gain added security with a few privileges.
Credit Card Benefits
Let’s explore 10 credit card benefits that are lesser-known but can make a difference in the way that you use it.
- Never Let Your Reward Points Expire
Every time you swipe your card, you accumulate reward points that can be redeemed against vouchers, airline tickets, and shopping discounts. Most users forget to use them within an allocated expiry time, and those points will surely get wasted. Check your rewards balance regularly and keep trying to maximize its value before those do vanish. - International Transaction Restrictions for Extra Security
Did you know that you can turn on and turn off international transactions on your credit card? Otherwise, this feature would be a game changer in the prevention of fraud. Either log in to your online banking portal, make use of the mobile app, or call customer service to activate or deactivate. - Tap-and-Pay: Tomorrow’s Secured Payments
Contactless payments can also suffice as the turning point to safe transactions. With tap-and-pay technology, you can make transactions within seconds without the insertion of the card or manually entering details. This reduces the risk of card skimming and fraud, which totally should be in any cardholder’s to-do list. - Balance Transfer: A Smarter Way of Handling Debts
Drowning in the sea of high-interest credit-card debt? The Balance Transfer feature lets you transfer your outstanding balance to another card offering a lower interest rate. While beneficial in terms of saving interest, do keep in mind the transfer fees. - Free Airport Lounge Access
For the frequent fliers, here is good news: Many credit cards offer subsidized or complimentary access to airport lounges where you relax in comfort, enjoy free Wi-Fi, and relish complimentary meals. Before your next journey, check if your card holds this luxury benefit. - Fuel Surcharge Waiver, Meaning Savings at Every Fill-Up
Do you pay for fuel using your credit card? Look for cards that offer a 1% fuel surcharge waiver. This small but potentially significant benefit can amount to considerable savings over the years, especially for car drivers. - Concierge Services- Your Assistant
Need help booking international flights, best restaurant reservations, or tickets to a live event? Many premium cards have this service, where it helps you manage tasks like these. It’s like having a personal assistant at your fingertips. - No-Cost EMI: Shop Now, Pay Later
Planning on buying an item that costs a huge amount? Most credit cards offer no-cost EMI options. - Free Add-On Cards for Family Members
Share the benefits of your credit card with your loved ones through free add-on cards. There are joint credit limits on these cards, along with availing all the benefits, making them a way to manage family expenses while earning rewards.
