Benefits redefined: Using credit cards for utility bill payments

Credit cards – one little card; multiple benefits.

Credit cards are an effective way to pay for your transactions. You get a credit limit, which allows you to make credit transactions and pay for them later. Then, there are reward points that multiply the benefits on transactions.

Whether it is grocery shopping, dining out, shopping, travel bookings, etc., your credit card can be used to make quick payments. Moreover, you can use the card for utility bill payments too.

Surprised? Let’s explore how you can get rewarded for making those obligatory bill payments, such as utility bills. 

Credit cards for utility bill payments
 

Utility bills include monthly payments for telephone, internet connection, gas, water, electricity, etc. You can use your credit card to make these payments and unlock multiple benefits. Let’s see how credit cards work wonders when it comes to utility bill payments:

●  Credit access
 

Low on funds, and the payment due date is looming large?

Worry not! Use your credit card to pay the bills on credit. Pay within the due date, utilising your credit limit. Enjoy an interest-free credit period of up to 45-60 days to repay your credit card bill. This gives you ample time to arrange for funds and clear your dues.

●  Auto-pay facility
 

Set up an auto-pay facility on your credit card, and your utility bills will be automatically paid on their due date. This removes the burden of remembering the payment due dates and helps you avoid late fines. It also streamlines your expenses for efficient financial management.

●  Payment offers
 

Did you know credit cards have bill payment offers, too?

With the right credit card, you can enjoy cashbacks and discounts and save on basic household expenses.

●  Reward points 

Let’s not forget the reward points!

Pay utility bills with a credit card and earn reward points on all your transactions. Some cards also offer accelerated points on utility bills.

Accumulate the points and redeem them for attractive merchandise, cashbacks, discount vouchers and even for paying credit card bills.

●  EMI facility 
 

Facing a big electricity bill?

Worry not, as your credit card can help. You can break down the bill into affordable EMIs, and there are two ways to do so. Have a look –

-  Convert the single bill, provided that it is ₹2500 or above, into EMIs

-  Pay the bill with your credit card and convert the aggregate credit card balance into EMIs

Under both options, you can choose a flexible repayment tenure and get pocket-friendly EMIs. Pay the bill easily without affecting your budget.

●  Improves credit score
 

Utility bill payments through a credit card can also help build or improve your credit score. You create a debt when you pay your bills via a credit card. Timely credit card payments can build your credit score.

Moreover, if you are a new-to-credit user, you can establish your credit history with timely credit card bill payments. A long and clear credit history can build a good score.

The FIRST SWYP Credit Card: A useful card for utility bill payments
 

Looking for a beneficial credit card for utility bill payments?

Look no further; the FIRST SWYP Credit Card by IDFC FIRST Bank is here!

With the FIRST SWYP Credit Card, enjoy multiple benefits on bill payments and other transactions, such as –

●  Flexible payment options
 

The FIRST SWYP Credit Card offers two payment options – pay in EMIs or in full.

If your utility bills are high, convert them into EMIs at a flat monthly EMI conversion fee. No other interest charges! Alternatively, you can pay the bills in one go without any fee.

●  Welcome benefits
 

Enjoy amazing welcome benefits as you activate your FIRST SWYP Credit Card, such as –

• Spend ₹5,000 or more in the first 30 days and enjoy 2000 reward points worth ₹500
• Get 1,000 reward points on the first EMI conversion within the first 30 days
• Get a free annual Gold Membership of Lenskart, worth ₹600, on paying the joining or subscription fee
• Get a travel discount coupon, worth ₹2,100, from EaseMyTrip on the payment of the joining fee

●  Attractive credit card offers
 

Get discounts all year round on merchant partners like Dominos, Zomato, SUGAR Cosmetics, TATA CLiQ, EaseMyTrip and more. This gives you additional savings on lifestyle and shopping.

●  Milestone-based reward points 
 

With the FIRST SWYP Credit Card, you can earn accelerated reward points based on your spending. The more you spend, the higher the points. Here’s how –

• Earn 200 reward points on spending more than ₹5,000 in a month
• Earn 500 reward points on spending more than ₹10,000 in a month
• Earn 1000 reward points on spending more than ₹15,000 in a month

●  Referral benefits
 

Refer your friends and family to apply for the FIRST SWYP Credit Card and enjoy the following referral benefits –

• 1 Referral – The subscription fee is waived off
• 3 Referrals – 4000 reward points
• 5 Referrals – EMI fee is waived off up to ₹1,500
• 7 Referrals – Movie ticket voucher worth ₹2,000
• 9 Referrals - ₹2,500 cashback
• 10 Referrals – Four free domestic airport lounge access

●     Other benefits 

And the benefits continue!

• Enjoy 1% fuel surcharge waiver, up to ₹200 per month
• Complimentary roadside assistance worth ₹1399
• 25% discount on movie tickets up to ₹100
• Four free railway lounge access every calendar quarter

Apply for the FIRST SWYP Credit Card online and get the card issued with minimal hassles to grab these benefits.

Utility bill payments made easy
 

Don’t fret about utility bill payments. Use your credit card to make your payments more rewarding. Automate the payments on the card and avoid missed or delayed bills. Earn reward points, cashbacks, and other payment offers. Clear your credit card dues on time to build a healthy credit score, too.

The FIRST SWYP Credit Card makes utility bill payments easy. Plus, you can enjoy the benefits that the card has to offer. So, -apply for the FIRST SWYP Credit Card and enjoy convenience like never before.