Maximize benefits with both cashback and rewards cards

Choosing between cashback and rewards credit cards can be challenging for consumers. Cashback cards offer a fixed percentage back on spending, while rewards cards provide points that can be redeemed for travel, merchandise, or vouchers. Cashback cards, like the Cashback SBI Card, have limits on earnings and are straightforward. Rewards cards, such as the HDFC MoneyBack+ Credit Card, offer points with varying values and additional benefits, making them suitable for frequent travelers. For those with high spending, using both types of cards can maximize benefits. Cashback cards provide immediate savings, while rewards cards can offer greater long-term value for strategic spenders.