Credit Card Cashback: Are you spending more due to cashback? Know the truth about Credit Card-Shopping Psychology

Admin — Sun, 10 May 2026 20:06:52 +0000

Credit Card Shopping: In today’s digital era, everyone is using credit cards extensively. Not only this, some people get badly trapped in the trap of ‘cashback’ and ‘reward points’ in the name of credit card. We are saying this because credit card ‘cashback’ and ‘reward points’ are not just offers but have also become a part of deep shopping psychology in today’s era. So let us know in this news how cashback tempts us to spend more and more.

1. The attraction of ‘free’ becomes a big problem

Regarding this matter, some psychologists believe that as soon as we spend cash, our brain feels real pain. At the same time, this pain is felt a little less while using the credit card. Apart from this, the lure of ‘cashback’ completely releases dopamine in our brain, which makes us feel that we are going to get more money.

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2. Know the minimum spending condition here

On the other hand, most cards offer cashback of Rs 500 to customers on purchases worth Rs 50,000. So, while trying to save Rs 500, many times you end up incurring a huge loss of Rs 1,500. For example, if your need is only 3 thousand rupees, then to get 500 rupees, you start buying goods worth 2000 thousand rupees without any thinking. After which you later come to know what a big mistake you have made.

3. Fear of ‘missing out’

Apart from this, the offers given for a limited time do not give us a chance to think much and for a long time, which makes us feel that if we do not buy the item today, we will completely lose this cashback. We often forget that in our hurry, we buy those things which we do not need in any way.

4. Credit card loan cycle?

Gradually, the real danger of cashback starts when we go beyond the budget in pursuit of rewards. For example, if you are not able to pay the credit card bill in full at the end of the month, the bank will charge you 36 percent to 45 percent annual interest on it. In such a situation, even if you are getting cash back of 2 or 5 percent, it will become completely zero in front of the huge interest.

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After all, how to save yourself from this trap?

To avoid the dangerous trap of cashback, you must think carefully before purchasing anything. Apart from this, do not forget to make a list before purchasing any item. If seen, cashback is a very good option if it is used properly.

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Money Saving Tips: There can be strong savings while buying petrol and diesel, these methods will have to be tried at petrol pump

Admin — Thu, 02 Oct 2025 13:07:05 +0000

Money Saving Tips: As soon as the government increases the prices of petrol and diesel, it also affects the pocket of the common man. In this era of inflation, every single rupee spent on petrol and diesel matters. This is the reason that now people have started adopting different ways of savings at the petrol pump with the speed of the car. If a little precautions are taken at the petrol pump, then good savings can be done while buying petrol and diesel and thugs can also be avoided. In such a situation, let us know today some easy ways which can be saved well while buying petrol and diesel.

Save by using fuel credit card

The easiest way of saving good saving while purchasing petrol diesel is considered to be the use of fuel credit card. These cards give discounts in cashback, reward points and fuel surcharge on purchasing petrol and diesel. Due to which the cost of your total petrol and diesel is low and you can get some copy money directly back to your account on every liter fuel. Apart from this, this savings in many cards can range from 3 to 8.5 percent.

Top Fuel Credit Cards

Indianoil RBL Bank Xtra Credit Card- Through Indian Oil RBL Bank Credit Card, you can get up to 8.5 percent cashback and fuel points on petrol and diesel, so that you can save a lot of money.

BPCL SBI Card Octane- Through this card at BPCL petrol pump, you can find 6.25 percent cashback and one percent fuel surcharge wave on every four thousand transactions.

First Power+ Credit Card- Using this credit card at HPCL petrol pump saves up to 6.5 per at 6.5 per at.

ICICI HPCL Super Sver Credit Card- Using ICICI Bank’s credit card at HPCL petrol pump saves you up to 6.5 per at 6.5 per at. In which 4 percent cashback and one percent surcharge discounts are available.

Indianoil HDFC Bank Credit Card- With this credit card, you can take up to 50 liters of free fuel a year. By paying Indian Oil at the petrol pump with this card, you get 5 copy fuel points at every expense.

Tips for savings

To save a lot of good saving at the petrol pump, it is necessary to use the points and cashbacks available from fuel card on time. Thousands of rupees can be saved every month by using it properly.

Apart from this, most of the cards are waived up to one percent fuel surcharge, but the card often contains a monthly cap. In such a situation, you have to organize your shopping accordingly.

Apart from this, while taking the card, you must get information about the annual fees and interest rates. At the same time, using cards only for fuel is saved and easy.

Also read-All people will get a coin of 100 rupees issued on 100 years of RSS, what are the rules about this?

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Credit Card Cashback: Are you spending more due to cashback? Know the truth about Credit Card-Shopping Psychology

Money Saving Tips: There can be strong savings while buying petrol and diesel, these methods will have to be tried at petrol pump