Bajaj Finserv, in collaboration with RBL Bank, offers the SuperCard. This multi-faceted credit card does the job of four cards. Its advantages are not just limited to its credit limit and people applying for the card should know how to maximize its benefits. Especially during this pandemic, when people are likely to meet with uncertainties, this card can turn out to be a lifesaver.
Here are some ways in which you can use the card to truly reap the maximum rewards.
1) Take a personal loan
The pandemic has put a lot of people in financial hardship. As people's livelihoods were affected, and their savings went towards healthcare costs, people struggled to find financial stability. As banks and financial institutions stopped approving loans for a certain period, people had very little access to immediate funds.
The Bajaj Finserv RBL Bank SuperCard allows the cardholders to avail a personal loan for 90 days against their available credit limit. Hence, in case you urgently need cash, the card gives you a way to procure a loan. The process to get the loan is not only easy, but can be done within minutes. The interest applied on it is a nominal 1.16% per month. Thus, the card can be used as a tool to get instant loans at a very low interest rate.
2) Repay the loan
Individuals today are worried about the repayment of their debts. However, with the loan you procure by using the Bajaj Finserv RBL Bank SuperCard, the repayment process is extremely convenient. You can pay back the entire amount in three easy and affordable EMIs. Thus, you don't have to dip into your savings to deal with your debt.
3) Withdraw interest-free cash from ATM for up to 50 days
For most credit cards, a cash advance fee is levied on cash withdrawal from ATMs. Since the pandemic has forced people to dig into their savings, multiple cash withdrawals will eventually make you pay a significant amount. However, with the Bajaj Finserv RBL Bank SuperCard, you can withdraw interest-free cash.
This debit card-like feature distinguishes the card from its contemporaries. This perk can be used for up to 50 days, where every transaction fee is waived off. The only amount that you will be charged is a processing fee of 2.5%. This will help you save money in times of distress.
4) Claim the welcome reward
On paying the joining fee for the Bajaj Finserv RBL Bank SuperCard, you get 20,000 reward points. These reward points can be redeemed on shopping, dining, and ticket payments, among others.
5) Earn rewards with every purchase
People often make the mistake of paying with their debit card when they already have a credit card. Paying with a credit card should always be your preference, since credit cards can help you earn reward points that debit cards cannot.
The Bajaj Finserv RBL Bank SuperCard offers reward points on every purchase made using the card. You can earn 20 reward points per Rs. 100 spent using the card. You can also earn accelerated reward points by purchasing at specific sites and outlets. These rewards are a great way to earn some money while spending during the pandemic.
6) Redeem your reward points at intervals
When your reward points accumulate to a significant amount, you can redeem them for coupons, flight tickets and hotel stays. The Bajaj Finserv RBL Bank SuperCard helps you save money, and avail services and products for free.
7) Special privileges at Bajaj Finserv partner stores
Being a Bajaj Finserv RBL Bank SuperCard holder gives you special privileges at Bajaj Finserv partner stores. If you want to buy a product on EMIs, you can visit the nearest Bajaj Finserv partner store (provided you can venture outside following lockdown relaxations). You will be able to pay the down payment amount with your accrued reward points. Thus, you end up saving a significantly while making your purchase. Furthermore, you can also get a 5% cashback by making the payment using your SuperCard.
The Bajaj Finserv RBL Bank SuperCard combines the advantages of credit cards with the unique set of benefits exclusive to the SuperCard. If you want this credit card, apply online by visiting the official website. Enter your mobile number and the OTP you receive on your number. If you have a pre-approved credit card offer, you can click on 'Get It Now'.
If you don't have an offer, you can submit the required information, and a Bajaj Finserv representative will get back to you to guide you through the process. You can also keep tabs on your application status online. Visit the website to check the Bajaj Finserv RBL Bank SuperCard status and enter any one of the essential details required to identify your application. Click on 'Submit' and the application status will be shown on your screen.
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