One of the few universally accepted truths is that it is easy to spend money and difficult to earn it. Earning a livelihood by the sweat of one’s brow often entails long work hours and little time to spare for family and friends. No wonder earning a passive income – an income generated while putting in minimal labour or effort – is a dream harboured by so many people! Luckily, it is possible to earn a passive income if you own an IndusInd Bank credit card.

Why an IndusInd Bank Credit Card?

While debit cards work in a fairly straightforward fashion – you spend your money to make purchases – credit cards entitle you to borrow money, making purchases on credit. Over the years, the use of credit cards has steadily grown in India, owing, in no small measure, to the rewards and offers they offer the user.

An IndusInd Bank credit card comes with certain added benefits, allowing you to enjoy a plethora of exciting offers. The key benefits of using an IndusInd Bank credit card are as follows: 

• Reward points on every use, which never expire and can be converted to cash to pay outstanding
• Exclusive memberships and discounts on travel, dining, online shopping, entertainment, and plenty more
• Waiver on fuel surcharge at all petrol pumps across India
• Wide selection of credit cards with rewards tailored to meet varied lifestyle needs

5 Top Passive Income Tips with an IndusInd Bank Credit Card

Here are 5 great tips you could use to make passive income with an IndusInd Bank credit card.

1)  Look for a card that suits your lifestyle and preferences with rewards in categories you often use. This will help you accrue extra cash every time you swipe or dip the card. For instance, if you enjoy eating out often, go for the EazyDiner Credit Card. Frequent shoppers will find the Legend Credit Card beneficial as it offers 1 reward point for every ₹ 100 spent on Weekdays and earn 2 reward points for every ₹ 100 spent on Weekends

2)  Opt for a credit card with zero joining fees and zero annual fee to avail all benefits without paying a single penny

3)  Rack up reward points by using your credit card for as many expenses as possible, especially on things you buy anyway such as groceries and utilities

4)  The reward points earned on your IndusInd Bank credit card do not expire. So you could always convert them into cash to pay your credit card dues

5)  Invest the money acquired from cash-back rewards in a savings account or fixed deposit, earning interest over time

IndusInd Bank credit cards are designed to help you maximize your savings, earning even as you spend! All you have to do is learn to use the credit card to your advantage to get innumerable discounts and freebies that you may use for making everyday purchases, buying flight tickets, and even paying down debt.

With simple eligibility criteria and no physical documentation, an IndusInd Bank credit card is easy to obtain.

Moreover, the application process is 100% paperless and online. All you have to do is fill in basic details such as your PAN number, Aadhaar details, select an instant credit card that suits your lifestyle and  complete your video KYC – just 3 seamless steps to financial freedom!

You can expect to receive your credit card within 24-48 hours of successfully completing your application.

Apply for an IndusInd Bank credit card today and live the life you have always wanted!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and 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.

What is the first thing that comes to your mind when you hear the word ‘credit card’? Is it fear of debt or luxury of extra budget? Well, financial experts suggest credit card as a powerful tool to boost your financial health and become more disciplined with money. On the other hand, there’s a general view among people who see credit card as a debt trap.

Are you also confused? 

Let’s get to know a bit more in detail about what all comes along when you get your credit card.

• Extra Budget for Extra Happiness: With your credit card, you get to enjoy extra monthly budget. So, there’s no stopping yourself or restricting your shopping urge at the end of the month. Just use your credit card and repay later in full or in convenient EMIs.
  
• Watch Your Spends: While enjoying extra budget, you must be very cautious while spending and using your credit limit. Overspending with your credit card beyond your repayment capability will push you in debt over time. Therefore, it is highly recommended to follow a conscious spending practice.
  
• Treat Yourself with Welcome Benefits: Let’s be honest! You sure do like complimentary things and freebies, right? Mostly, all credit cards come with exciting welcome gifts such as brand vouchers, airport lounge access, hotel stays, and much more. In addition, some credit cards also come with annual fee waiver option when you spend a certain amount. Furthermore, there are certain credit cards with incredible offers yet no joining and annual fees.
  
• Pay Attention to Hidden Charges: One of the most irksome things about a credit card is the tricky terms & conditions associated with it. Sometimes, surcharges and hidden charges make up a significant part of your credit card bill and these often hurt your pocket and budget. Therefore, it is highly recommended to read the terms & conditions of your credit card thoroughly.
  
• Relish on Rewards & Discounts: Apart from welcome benefits, credit card users also get exclusive offers from numerous brands time to time. This could be in the form of cashback or an instant discount. Moreover, credit card users are also rewarded with reward points on every transaction they make. These reward points can be used to avail brand vouchers or simply be converted into cash.
  
• The Pain of High Interest Rate: One of the downside of a credit card is the high interest rate linked to it. If you miss on settling your credit card bill on time, then high interest charges are levied on the bill that further increases your debt. Therefore, it is recommended to set a monthly reminder for a day on which you clear all your outstanding bills.

• Improved Credit score: A credit card is one of the simplest and most effective ways to improve your credit score. To improve your credit score, simply use your credit cards to pay your bills and make sure you clear off your Credit Card dues on time. Also, ensure you only use a small portion of the available credit limit on your card.

With all the information above, you must have gauged as to how a credit card could be both your best friend and a foe. However, going by the advice of leading finance experts, it is recommended to own a credit card to build creditworthiness and financial strength.

Find the best credit card for you, here!

IndusInd Bank offers various instant credit cards that will fit into your lifestyle seamlessly.  You can be a travel enthusiast, movie buff, or a regular shopper, we have an ideal match for all your needs.

Apply for your Credit Card today!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and 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.

IndusInd Bank provides a range of credit cards, each with unique features and benefits. But the two cards— the IndusInd Bank Platinum Aura Edge Credit Card and the Platinum Credit Card—offer you some of the best features and benefits out there.

Both these cards offer all these benefits from welcome gift vouchers for leading brands to discounts and special privileges. So, how do you select the right one?

To help you out, here is a detailed comparison of IndusInd Bank Platinum Aura Edge Credit Card Vs Platinum Credit Card.

IndusInd Bank Platinum Aura Edge Credit Card Vs Platinum Credit Card: Reward Points

If you make transactions using a Platinum Credit Card, you earn 1.5 reward points for every Rs. 150 spent. Additionally, you can redeem your reward points by converting them into cash credits, with 1 reward point equalling Rs. 0.65.

In case of Platinum Aura Edge Credit Card, you can earn up to 4X reward points on several merchant categories, where one reward point is worth INR 0.40.

Another benefit of issuing this card is that you can choose from four different plans to earn points. The four plans are as follows:

• Platinum Aura Shop Plan
• Platinum Aura Home Plan
• Platinum Aura Travel Plan
• Platinum Aura Party Planc

IndusInd Bank Platinum Aura Edge Credit Card Vs Platinum Credit Card: Travel Benefits

Thanks to our partnership with ICICI Lombard General Insurance Company Limited at IndusInd Bank, we also offer you travel insurance. This feature is available with the Platinum Aura Edge and Platinum Credit cards. So, if your luggage is lost, you are covered for up to Rs 100,000.

Additionally, you may enjoy complimentary personal air accident insurance of Rs.25 lakh with both cards.

IndusInd Bank Platinum Aura Edge Credit Card Vs Platinum Credit Card: Miscellaneous Features

If you love watching movies once in a while, then the Platinum Credit Card is ideal for you. On bookings made through BookMyShow, you can get up to two free movie tickets in a month

A unique feature offered by both cards is top-notch security. IndusInd Bank provides insurance coverage up to 48 hours before you report your card’s loss to the bank. So, if you suspect your credit card has fallen into the wrong hands, you don’t have to worry.

Besides, the Platinum Aura Edge Credit Card also offers a unique contactless feature. It allows you to make fast, convenient, and secure purchases daily. Simply wave your credit card at merchant locations that allow contactless payment and you’re done.

To Conclude

Both the Platinum Aura Edge Credit Card and the Platinum Credit Card offer top-of-the-line benefits and rewards. However, if you’re looking to get additional benefits on your rewards, choose the Platinum Credit Card. But if you want the flexibility to choose reward plans to suit your lifestyle, go for Platinum Aura Edge Credit Card instead.

Are you looking to get either of these credit cards? Head to our website and apply online right away!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision.  IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and 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.