Why banks love to shower you with reward points
May 27, 2024
10 min
236
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Episode 236 · May 27, 2024
Why banks love to shower you with reward points
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Why banks love to shower you with reward points
Summary
<p>Indians have really been warming up to credit cards lately. More than a 100 million credit cards are in circulation in India as of now. And this rise has a lot to do with the benefits customers get: cash back deals and reward points that you can collect and redeem for anything from flight tickets to stays at fancy resorts.</p><p>But between the two, cashbacks are a more straightforward method of making the most of your credit card. Availing reward points, on the other hand, requires a combination of skill and patience. </p><p>And between the two, there’s one that banks actually don’t like.</p><p>Tune in to find out.</p><p><em>Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.</em></p>
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