Reasons to Choose a Co-branded Credit Card

Increasing competition in the credit-card industry in the past few years has led banks to create the concept of co-branded credit cards. These cards are beneficial to the card holder in a number of ways but before we delve into that let’s explore this card in detail.

What are co-branded credit cards?

These credit cards are associated with a particular company, such as an entertainment provider or airlines therefore they are termed co-branded credit cards. They are loaded with incentives and benefits that can be reaped by the card holder once they understand how to gain advantage from it.

Some of the most common affiliations are with airlines, department stores, retailers, telecom companies, restaurants and hotels. With the growing popularity of these cards, newer firms have joined the bandwagon. Today customers also have the option of opting for cards that are associated with online shopping and jewellery stores. Maximum benefits can be reaped by opting for a card that you are sure to use the most. For example if you frequently shop from Lulu Hypermarket then the (ADCB LuLu Titanium Card) will offer you maximum privileges.

Reasons to choose a co-branded credit card

• Apart from the discount and privileges you are entitled to after signing up for a card, several co-branded cards will offer you special discounts when used frequently for a specific company or brand.
• Another benefit of using a co-branded card is that these cards are most often international cards, so the card holder can reap its benefits across borders. With the added benefit that the bills will be generated in (Dirhams. FGB Ferrari Signature Credit Card) offers double First Reward points on every international transaction you make with this card.
• Frequent travellers can earn free flight tickets or upgrades when they use their co-branded card over a period of time. The (ADCB Etihad Guest Above Classic Card) provides you a discount of 50% towards a class upgrade on an Etihad flight of your choice. This card also offers you complimentary golfing privileges at some of the best golf courses around the world.
• Flexible payment options and 24*7 assistance are two other great benefits offered on every co-branded credit card.

Understand the fee

As exciting as these offers may seem always make sure you understand the fees charged for these cards. Carefully select a co-branded credit card that will earn you and your family maximum rewards. To compare and select the right card visit, http://www.dubaifinance.com