At present, banks are offering credit cards that are suited to meet different needs of the customers including shopping, travel, dining and entertainment. The Indian market is also witnessing a high demand for such credit cards as customers wish to have separate credit cards suited for separate needs. Whether you want to spend a luxurious life or you desire to fly high- there is a credit card available in the market for every need. Since entertainment has been a primary source of enjoyment, a number of credit card organizations have introduced entertainment-centric credit cards.
With the possession of an Entertainment Credit Card, users can enjoy various benefits when booking entertainment tickets. These cards are perfect for people who prefer a happening lifestyle as they are loaded with special rewards on shows, concerts, movies, music, video games etc. There are many banks which offer entertainment credit cards with attractive discounts such as ‘Buy One Get One’ scheme for movie tickets.
Reasons to Select Entertainment Credit Card
For all movie buffs out there, this type of credit card helps to get numerous advantages as well as saving on entertainment expenditures. Entertainment credit cards are intended to present enhanced rewards points linked to entertainment spends.
Various rebates on a particular entertainment credit card includes:
- 1-plus-1 scheme on movie tickets with select merchants
- For premier shows, you get free movie tickets (only privilege customers)
- Tickets with prime access to music concerts
- Entry to top valued golf courses on global level
- Cash back facility on other expenditures
Entertainment Credit Card Facts
All credit cards come with certain entertainment benefits so it is important to carefully analyze the features & benefits presented with the card to make a smart decision. The common features available with an entertain credit card includes:
- Offers such as discounted or free movie tickets
- Waiver of Fuel surcharge
- Online transaction advantages on shopping
- Travel and dining offers
- Accident cover
- Reward points, cash back and loyal program
Let us take an example of ICICI Bank Coral credit card. The possession and usage of this particular card offers the customer ‘Buy One Get One’ scheme on movie tickets which are booked via BookMyShow platform. Moreover, users can enjoy minimum 15% savings on dining bills at over 2500+ restaurants across India through the bank’s Culinary Treats Programme.
On the other hand, Diners Club Credit Card by HDFC lets you earn 10-tims more Reward Points. Moreover, you also get to earn 10% for every ticket booking over BookMyShow platform. Meanwhile, using SBI Card ELITE, the customer is eligible to access 2 movie tickets for free every month.
Selection of a Suitable Entertainment Credit Card
If you are looking for an entertainment credit card, here are some important factors which should be considered and assessed before finalizing your decision:
- Spending Pattern: Carefully keep a track of your spending pattern to find out the segment where you are spending the most. Supposedly, travelling tends to be the focus, then opt for a credit card which provides travelling benefits.
- Income: Are you really in need for a credit card? Get an answer for this question before choosing a credit card. Take a keen look at your net income and select whether the possession of a credit card would work to ease down your monetary burden or increases your expenditure.
- Payment Pattern for Credit Card: A credit card brings with it the responsibility of managing bill payment. The candidate needs to carefully strategize his/her expenses and settle credit bills timely. Make sure to avoid penalty concerns and piling interest on remaining balance. Preferably, search for a credit card which delivers advantages related to entertainment, but also offers a lower interest rate.
- Select a Comparison Website: Always compare your selected credit card with other cards on the basis of annual fee and features. It will be easier to find a card that satisfies your needs. Also, never stick to only one site when it comes to comparison; reach out to different portals to make a judgement.
- Fees & Charges: Whenever you are planning to apply for an entertainment credit card, completely make sure to gather details about various fees and charges. There are chances that the card might be presenting really attractive rebates, however, the fees related to it turns out to be high.