Top 3 Hacks to Save Money on Credit Card Bill Payments

Well, we all are aware of the advantages of credit cards. You can choose to buy anything you want and pay back in easy installments. Even if you are willing to pay the entire dues, you are saving money as you avail the opportunity of earning a bank interest on that amount. How about saving more money when you pay your credit card bills? Sounds good? Well, you would be wondering if it is possible. Yes, it is! Let me share with you potential ways in which you can save money on your next credit card bill payment.

Tips to Save Money on Your Credit Card Bill Payment

Tip 1: Use Cheq App

Well, just like you came here searching for potential ways to save money on your credit card bill, I came across Cheq app for credit card payments last year.

So, how does Cheq help you?

You earn % rewards on every credit card bill payment.

Suppose, your credit card bill was INR 10,000.

So, on payment, Cheq will reward you with 100 Cheq coins.

You can use these coins for various rewards like vouchers from different brands.

A smart tip is to use these coins to get up to INR 100 off on your next bill payment.

So, you can avail INR 100 off by using 1000 Cheq coins.

The conversion ratio may look expensive but you can save INR 1200 annually using 12000 Cheq Coins! Is it not rewarding enough?

Download Link

To download Cheq app, you may use this referral link – https://app.cheq.one/3UIC/06btjy4q.

Tip 2: Use Cred App

Well, this app does reward you for your bill payments. You get Cred Coins that you can use for shopping and other activities. But I like the cashback on minimal credit card bill payment of INR 1,000. So, if you pay your bill 10 times in a row with INR 1,000 paid each time, you will end up saving some money as cashback can be used for bill payment.

Let us take an example:

Bill Paid	Cashback	Total Savings
INR 1,000	INR 2
INR 1,000	INR 8
INR 1,000	INR 5
INR 1,000	INR 3
INR 1,000	INR 4
INR 1,000	INR 6
INR 1,000	INR 11
INR 1,000	INR 2
INR 1,000	INR 3
INR 1000	INR 7	INR 50

As you may analyse in the table above, on a total credit card bill payment of INR 10,000 in multiples of INR 1,000 each, a person may end up saving INR 50. Please note that this is a hypothetical example.

Download Link

To download Cred app, please use this referral link – https://app.cred.club/spQx/yy2s6j3a

Tip 3: Pay on Time

Well, this simple tip may look a very usual one but it makes a lot of sense. One of the best ways to avoid any extra penalty on your credit card bill payments is to clear your dues on time. This strategy has manifold benefits for you. One advantage is that your CIBIL rating will be high and another bonus is that you won’t have to pay interest on pending dues.

We hope you enjoyed reading our post. Do post your comments if you have any more ways to save extra money on your credit card bill payments!