Page 58 - TIC_Content-Portfolio
P. 58
5 hacks to make your spends earn
for you
By Zameer Kochar, Head of Marketing & Member Engagement at JetPrivilege
Given the choice, choose a card that
“It’s not your salary that makes you rich, has a lower spend threshold for
it’s your spending habits” – Charles A unlocking benefits and allows you to
Jaffe” – Former Chess Grand Master. redeem your points, miles for
rewards across multiple diverse
The notion of earning while spending may categories like flight tickets, hotel
sound paradoxical but thankfully for stays and shopping categories.
customers, loyalty programmes have
made earning and saving the norm when 2. Choose aggregators and online
spending. So the more you spend, the hypermarkets
more you earn, and the more you earn, the Some of the largest multi-product
more you save. online shopping sites, also known as
aggregators, run their own loyalty
Let’s look at five simple ways how this programmes. Some of them have
can possibly happen. Hopefully, at the expanded their services to include
end of it, you will get a fair estimate of telecom and utility bill payment
the quantum of value – tangible as well facilities. Your everyday spends can
as intangible that you can possibly save now get even more rewarding in the
and earn. form of cashback or earning a
reward currency that over a period
1. Say yes to that co-brand card that will accumulate basis all your
best serves your need transactions and translate into
Make a list of the products and upfront discounts and cashback into
services that you spend on your linked e-wallet.
frequently, to find the ideal co-
brand that best suits your spending 3. Avail exclusive offers and deals
habits. If most of your expenses are Basis your past transactions,
related to travel then a credit card browsing behaviour and
associated with travel centric engagement displayed, few leading
service providers like airlines, organizations strongly believe in
hotels and car rental partners will rewarding customer loyalty and go
be most useful, as they will provide that extra mile to create curated
a whole spectrum of benefits and offers and deals just for you. It
privileges like lounge access, excess therefore makes sense to be
baggage allowances, cabin upgrade, associated with a few leading
dedicated check-in counters and loyalty programmes that over a
discount vouchers. Likewise, if you period will understand you better
are looking for a card that helps you and create exclusive offer and deal
earn maximum points, get packages suiting your requirements.
maximum cash back or having a no A great deal on your favourite brand
annual fee, then your hunt for the or restaurant can get you a great
perfect card would vary accordingly. deal with high savings and