We always use credit card. There are some advantages of credit card. At the same time you need be careful while using it to avoid any penalty. If you will not pay your bill in time then they will charge you with great interest. This is the main disadvantage of credit card. Many people will fall in this condition due not paying amount in time.

Some advantages: 1) Urgent purchase without cash 2) Bill payment on online purchase. 3) Discounts on specific products. 4) EMI facility without interest on specific products. 5) Credit card point collection.

Now we come to redeem your points. It’s easy on almost every credit card. I will tell you for HDFC bank. It’s almost similar for other banks also.

Check the product available: http://www.hdfcbank.com/personal/rewards/simple-rewards-catalogue http://www.hdfcbank.com/assets/pdf/Rewards_Catalogue_27th_Mar12.pdf Login to HDFC Personal Banking: Go to Credit card Select Redeem Point Tab in left down last tab. It will redirect you to redeem site. Now see the available points you have. Select the category for your redeem in both (Pay #Point & Point only) Select the number of product and add to cart. Click on Redeem. You will get your voucher or product with 7 working days.