Have You Ever Went for A Credit Card that is Co-branded with your Favorite Shopping website?

[Ginger]

For some time, we can see almost every website going for a co-branded Credit card and what they do is to partner with popular banks and credit card companies to offer exclusive discounts to the users who opt for that particular co-branded credit card.

In India, the major co-branded credit cards are Flipkart Axis Credit cards. Amazon Pay ICICI Credit Card, Myntra Kotak Credit card. You can get up to 5% cashback/discount by paying with these credit cards on every purchase.

 

[Blueflame]

Isn't this another avenue to get more credit cards which will eventually land someone into more debt? There are no cards like that in my country, and even if there are, I wouldn't want to get it.