In the fast-paced world of personal finance, obtaining a credit card with favorable terms can sometimes feel like navigating a labyrinth. That’s where pre approval credit cards come into play, simplifying the process and offering a host of advantages. This article will delve into the truth about pre approval credit cards, focusing specifically on the benefits of the co-branded Bajaj Finserv RBL Bank Credit Card and Bajaj Finserv DBS Bank Credit Card. If you’ve ever wondered whether pre-approval credit cards are the real deal, read on to find out more.
What Are Pre Approval Credit Cards?
A pre approval credit card is a credit card offer that you receive from a financial institution indicating you are likely to be approved if you apply. Pre-approval is based on a preliminary review of your credit history, usually performed without a hard credit inquiry, so it doesn’t negatively impact your credit score. This is different from a pre-qualified offer, which is less definite and involves a softer look into your creditworthiness.
The benefits of a pre approval credit card are compelling:
- Higher Approval Rates: Since these offers are targeted at individuals who meet specific credit criteria, the chances of being approved for the card are generally higher.
- Better Credit Terms: Pre-approved offers often come with more favorable terms such as lower interest rates, higher credit limits, and attractive reward programs.
- Reduced Application Stress: Knowing you’ve been pre-approved can alleviate the anxiety often associated with the credit card application process.
Bajaj Finserv Credit Cards: Superior Benefits and Convenience
Bajaj Finserv offers highly attractive pre-approval credit cards in collaboration with RBL Bank and DBS Bank. These co-branded credit cards stand out for several reasons:
Bajaj Finserv RBL Bank Credit Card
- Exclusive Deals and Discounts: Cardholders can enjoy a myriad of exclusive offers and discounts, making this card a strong contender as the best credit card for online shopping. From cashback on groceries to discounts on electronics, there’s a deal for almost everyone.
- Reward Points System: Whether it’s dining out or booking flights, accumulate reward points with every purchase. These points can later be redeemed for a plethora of options including merchandise, travel tickets, and more.
- Easy EMI Conversion: Large purchases can easily be converted into EMIs, making it more manageable to afford big-ticket items without feeling the pinch.
- Robust Security Features: Advanced security features such as EMV chip technology, SMS alerts, and zero-fraud liability protection ensure your transactions are safe and secure.
- Annual Fee Waiver: Meeting certain spending criteria can earn you an annual fee waiver, making it not only beneficial but economical.
Bajaj Finserv DBS Bank Credit Card
- No Annual Fees: Often, the annual fees are waived off in the first year, making it easier on your pocket.
- Flexible Payment Options: With ‘Split and Pay’ options, you can divide your bills into manageable chunks, eliminating financial stress.
- International Acceptance: The Bajaj Finserv DBS Bank Credit Card is an excellent option for globetrotters. It is widely accepted globally, making it a handy companion for international travel.
- Exclusive Airport Lounge Access: For frequent flyers, free access to select domestic and international lounges elevates your travel experience to a new level of comfort.
- Comprehensive Insurance Coverage: Be it accidental cover or travel insurance, cardholders enjoy comprehensive protection tailored to their needs.
Applying for Bajaj Finserv Credit Cards
The application process for a Bajaj Finserv pre approval credit card is straightforward and designed to be user-friendly.
Step 1: Check Eligibility
Start by visiting the Bajaj Finserv official website and heading over to their credit card section. Here, you can check if you are pre-approved by filling out some basic information like your PAN number and mobile number.
Step 2: Apply Online
If you are pre-approved, an application form will be displayed. Fill in the required details such as your personal, professional, and residential information. Upload necessary documents for identity and address proof; typically, these include Aadhaar Card, PAN Card, passport, or driver’s license.
Step 3: Submit and Verification
Once the application is filled and documents uploaded, submit the form. The verification process is fast-tracked due to the pre-approval status, and you will usually get a response within a few days.
Step 4: Card Activation
Upon successful approval, you will receive your Bajaj Finserv co-branded credit card. Activation instructions will be provided, and once activated, you can start enjoying the myriad benefits that come with it.
Conclusion
Pre approval credit cards offer numerous benefits, from higher approval rates to better terms and reduced stress. Bajaj Finserv, in collaboration with RBL Bank and DBS Bank, offers some of the best pre approval credit cards in the market. Their features, such as exclusive deals, reward points, easy EMI conversions, and robust security measures, make them stand out. By simplifying the application process, Bajaj Finserv ensures that the path to financial empowerment is as smooth as possible.
Whether you’re a frequent shopper or an international traveler, Bajaj Finserv credit cards provide the flexibility and benefits you need. So why wait? Check your pre-approved offer today and navigate toward a more rewarding financial future.
