Benefits Of Rupay Credit Cards

By Author: Arijit Chalmela
Total Articles: 16
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Imagine opening your Credit Card provider's website to explore one specific Credit Card but getting overwhelmed by the sheer number of options on your screen. For instance, some cards offer massive cashback on shopping, whereas others provide exclusive dining deals. RuPay Credit Card is one of the options available that has been making waves ever since its launch in 2017, a significant reason being the several benefits of RuPay Credit Card.
 
RuPay Credit Cards
 
Before exploring the benefits of a RuPay Credit Card, let us understand them. India's domestic payment network, RuPay, derives its name from 'rupee' and 'payment.' The network provides several options: credit, debit, and prepaid cards. The idea behind the RuPay network was to promote financial inclusion amidst the dominance of international payment networks.
 
Benefits of RuPay Credit Cards
 
Let us go over the several benefits of RuPay Credit Cards:
 

UPI ...
... payments

 
The feature is among the most valuable benefits of RuPay Credit Card and drives a surge in new sign-ups. It lets you link your RuPay card to any UPI app for seamless and secure online payments.
 

Lower transaction fees

 
A merchant who accepts RuPay cards typically must pay lower transaction fees than international networks. This has a cascading effect as more merchants allow customers to pay using a RuPay card, fuelling its universal acceptance.
 

No maintenance charges

 
One of the core benefits of a RuPay Credit Card is that many carry no joining or annual fee, making them popular in a price-sensitive market like India. Furthermore, RuPay Credit Cards offer affordable interest rates.
 

Plethora of deals

Many of you carefully evaluate the offers provided by issuers when checking out the RuPay Card benefits. So, worry not; these Credit Cards are replete with attractive deals. For example, you can earn cashback and travel deals, among other things.
 

Insurance coverage

 
Insurance coverage is a rare addition to RuPay card's benefits. Some high-end cards offer complimentary insurance coverage for incidents like accidental death, hospitalisation, or lost card liability.
 

Robust security

 
The RuPay Credit Card offers many advantages, but none more important than its top-notch security features, such as EMV technology, two-factor authentication, and SMS alerts. Moreover, a RuPay Credit Card offers additional security features and tailored rewards programs as part of its efforts to provide customised solutions for Indians that are not provided otherwise when you apply for Credit Card.
 
Conclusion
 
Opting to get a Credit Card is a big step in your financial journey. Based on how you use this financial tool, it can unlock several doors for you, including long-term loans with lower interest rates. So, what are you waiting for? Ease your financial situation by opting for a RuPay Credit Card.