How to Use Credit Card for Shopping

Shopping Credit Cards	Features and Facilities
Cashback Shopping Credit Cards	· These shopping credit cards redeem a percentage of transactions as cashback · The amount of cashback differs from one retailer to another · If a user is a frequent buyer of particular brands, then he/she can opt for credit cards that offer cashback on those brands
Shopping Credit Cards With Reward Points	· These shopping credit cards do not offer instant payback instead ensure gifts and rewards · Regular shopping in a few categories like apparel, accessories and cosmetics adds reward points that can be redeemed for gifts, discounts and attractive deals as offered by credit card issuing banks
Shopping Credit Cards With Discount Offers	· These shopping credit cards offer regular discounts on purchases made at particular online or offline stores· For example, if one shops regularly at stores like Big Bazaar, Reliance trends, Chroma, or Flipkart, Amazon and others, he/she should choose a credit card that offers discounts on purchase at these stores

Offline Channel

• While making a purchase, the cardholder needs to swipe his/her card
• A credit card has a secure chip that is to be read by the card machines at the shops
• The cardholder now needs to put the 4 or 6 digit personal identification (PINI) securely by himself/herself to complete and validate the transaction
• The cardholder has to sign on the merchant copy of the receipt generated for validation

Online Shopping

• During e-commerce or online purchase,one needs to choose the payment mode through credit cards
• He is redirected to a secured payment gateway
• Now,  the user is required to mention the card number, the cardholder’s name, CVV number (provided on the backside of the card) and the card expiry date
• Finally, the OTP (one time password) received on the registered mobile number is to be filled in the required box to validate and complete the transaction

• One must keep the credit card with himself/herself especially at the point of sale
• The user must ensure that the card is being swiped in his/her presence
• One must choose a PIN that cannot be guessed by others easily
• One should change the PIN regularly for enhanced safety
• Users should never share PIN and OTP with anyone
• At the point of sale, one should put the PIN by himself/herself only
• It is to be noted, banks never ask for a PIN over phone, mail or any medium of communication
• Credit card holders should never write their PIN on paper or save in mobile phones. It makes credit cards susceptible to misuse
• Users must check the SMS alerts for all the transactions. Further, one should go through the statements thoroughly to be vigilant against any suspicious transaction
• If any unauthorized transaction is found, one should immediately block the card and report the bank
• One must remain cautious against phishing attacks in terms of e-mails claiming to be from banks. Users should carefully check the logos, footers and other information of websites prior to transactions and communication regarding credit cards
• If one finds his/her credit card missing, he/she must report immediately to the bank and block the card

Should I save my credit card information online?

There are a lot of online merchants that allows you to create a profile with a username and password and save your credit card, shipping, and billing information. It provides future “one-click” purchases with the credit card details you’ve saved. It generally helps to save time in future since you will not have to re-enter your payment information.

Is it safe to make purchases online?

During online shopping, one must ensure that the website is secure. The URL of the website always should start with https://. Here, ‘s’ stands for secure. Never open a website that has an unsecured link starting with http://.

Can I use the same credit card to make a purchase on different websites simultaneously?

Yes, you can use the same credit card to make a purchase on different sites simultaneously.