2 MinsJune 2, 2023
There’s a lot of pressure when you’re planning your holidays. For starters - where should you go? Is it better to opt for a mountain getaway, beach vacation, or a cultural experience in a popular city? Should you go with your friends
or family or enjoy a solo vacation?
With endless options comes the long and complicated task of selecting one. We’ve compiled some holiday travel tips you can use when planning for the holidays.
Optimising your holiday finances
Your credit card can be your new best friend when you’re doing your holiday financial planning. If you understand all the benefits and features, you can
cut down on your expenses quite a bit.
Many credit cards offer great benefits on flight tickets. You can get air miles, which can be redeemed for travel. You can also get complimentary lounge access at various airports and discounts on restaurants and shopping.
Let’s look at how you can use your credit card to optimise your money management during your summer holidays.
Use air miles on your credit card
The pain of paying exorbitant rates for your air ticket is something all travellers dread. Now that the COVID flight price limitations have been removed, air tickets can be very expensive, especially if you buy them at the last minute.
Many credit cards offer discounts and air miles on flight ticket purchases. For instance, the Axis Bank Magnus Credit Card can be used to get
discounts of up to ₹10,000 on each flight ticket.
Look for associated hotel discounts
Many credit cards offer discounts on a whole range of partner services. For example, the Axis Bank Magnus Credit Card offers discounts and additional benefits at the Oberoi Group of hotels. You can get a complimentary room upgrade and a flat discount
of 15% on your accommodation expenses.
If you use these discounts strategically, you can save quite a bit.
Understand the features and discounts of retail therapy
If you’re going on a holiday, you will likely indulge in at least a little retail therapy. Whether to add to the souvenir wall in your house or stock up on local fashion trends, shopping is an integral part of the holiday experience.
Your credit card might have special cashback and rewards on your shopping expenses. Depending on how much you spend, you can get increasing benefits. For example, if you’re using the Axis Bank Magnus Credit Card, you can claim 25,000
EDGE reward points valued at ₹5,000 if your monthly spend is ₹1 lakh. Apart from that, you also get additional reward points and travel benefits. This holiday travel
tip can help save a lot of money.
[Also Read: 6 benefits of using a Credit Card]
Summing Up
Use your credit card smartly to take the stress out of holiday planning and have the best experience. Check out the range of credit cards Axis Bank offers and choose one that suits your travel requirements. Earn rewards and cashback on your spends
and make the most of your credit card spending.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
