Avoid these credit card mistakes
1. Don’t get fooled by catalogues: Bank rewards catalogs often contain things you may not want. Instead of buying a forced watch or mixer, it is better to choose voucher or cash.
2.Redemption Fee: Some banks charge a fee of Rs 99 plus GST for redeeming rewards. Therefore, withdraw points only when you have a good amount of points, so that the fees are not heavy.
Disclaimer: The process and policies for redeeming credit card reward points may vary from bank to bank (like SBI, HDFC, ICICI, etc.). Some banks may also charge extra on redemption. Please read the Terms & Conditions of your bank carefully before redeeming points.