Add Value to Your Savings with Cashback Apps
Online shopping and payments are highly practical and effective methods of getting more value from your online transactions. But there are several ways to add more value to your transactions even when you shop at the biggest brands out there.
What Makes a Positive Customer Experience:
The quality of the products you buy can make or break your shopping experience. One survey conducted for online shoppers showed that almost 58% of them felt that product quality was the most important factor while shopping online. The second fundamental factor for positive customer interaction is high value. Prompt customer support, brand experience, and overall satisfaction are some of the other pillars.
How to Get the Highest Value In Every Transaction:
1. Use a scan-and-pay app with a cashback offer:
Also called mobile wallets or mobile payment apps, these apps are your best shot at the instant additional value on every transaction. Fave is among the leading mobile payment apps out there and gives you guaranteed cashback on every transaction. Imagine having a wallet that adds money back in every time you complete a purchase. Shopping with Fave is like that every time you make payments using Fave. The user interface of the mobile payment apps in india is simple and clean, so it will be easy to get the hang of it. What’s more, you get the best UPI cashback offers on Fave for both online shopping as well as in-store purchases. Every time you complete a transaction at a Fave partner store, you earn cash back in your wallet. This gets credited to your wallet before your next transaction.
2. Get a bank account that gives cashback:
This might take some research. Certain banks offer current accounts with cashback offers best suited to your spending habits or lifestyle. This could be discounts on utilities or certain online shopping bills paid through the bank directly. Opening such an account gives you automatic cashback on multiple partners, but there are several limitations. Current accounts generally levy a fixed monthly fee and mandate that you deposit a certain amount of money every month to benefit from the perks they provide. You should also check that the cashback you are getting is for shopping platforms that you use. If not, you might want to look at other options.
3. Get a credit card from your bank:
If you are adept at money management, a cashback credit card can help you more than a current account. Most credit cards for existing account holders don’t levy any fees as long as dues are cleared every month. Any spending made from the credit card provides a cashback offer that goes towards reducing your credit card bill. Credit cards generally give up to 1% cashback on every purchase. They also give additional cashback on certain partner websites.
There are different types of credit cards with different offers, so make sure you get the offers you are looking for. Also, keep in mind that if credit card bills aren’t paid back entirely after each month, you will have to pay additional interest as well. This interest can go as high as 35% sometimes, which will be more than any cash back you may receive. Non-payment of your bill can also negatively impact your credit score.
How Do Mobile Payment Apps Work?
If you are looking for instant discounts, Fave is your best shot. Getting a credit card or opening a bank account can take a while. Shopping through Fave doesn’t require too many documents or details. All you need is a UPI ID or you can scan a QR code and your transactions are complete.
Generally, you’ll have to link your UPI ID to an existing bank account so that you can use it to make payments. Fave provides a secure linking and encryption protocol to ensure your enrolment and payment processes are 100% safe. Rest assured your money is always safe.
Getting your UPI ID ready to use on Fave is easy. All you need to do is follow a few simple steps.
- Download the Fave app onto your phone and register yourself.
- Add the bank account details from which you wish to carry out your transactions.
- Once this is done, you are ready to use your UPI ID on Fave.
Shopping online can seem risky because of the online payment factor. With Fave, you can rest easy knowing that you will always get the highest value for your money.
