According to RBI data, India houses approximately 109 million active credit cards | Photo credit: Bernie_photo
Despite the promise of reimbursement reimbursement, aerial miles and exclusive advantages, an amazing 70 percent of credit card users are leaving money on the table, chrowing the Sovereage credit card rewards survey. The high potential report, most more, most more, due to fragmented information, lack of awareness, complex rewards structures and the difficult redemption process, which results in these cards subusing with 55 percent of the daily transactions that still occur through UPI or effective.
According to RBI data, India houses 109 million active credit cards, with credit -based credit expense. Even among active users, 50 percent inform difficulty of redeeming or opting for simple reimbursement or benefits of greater value such as trips, goods or exclusive experiences.
The survey also reports that 60 percent of users depend on influential people on social networks for credit card advice, which increases conerns about credibility
Ashish Lath, jefe de ahorro de Savesage, dijo: “Los hallazgos de esta encuesta validan lo que durante mucho tiempo creemos: que la mayoría de los indios están dejando dinero real sobre la mesa simplemente hecho las herramientas. En los conocimientos. Su crédito a sus sus, nosotros ‘, nosotros’ ,, nosotros ‘,, nosotros’, nosotros ‘, nosotros hemos pasado, nosotros’ hemos hecho, nosotros hemos ido ‘, somos, somos, nosotros, nosotros, nosotros, nosotros hemos elegido. Hayesisee, Wesey, Weey, we have used, we have changed.
Founded in 2024, Saveage is a financial management platform that allows users to track, manage and optimize credit card reward points and loyalty programs in one place. The company’s assistant, intelligent, allows users to optimize the spending of their credit card on the march.
(With internal bloc entrances Rohan das)
Posted on April 18, 2025