Financial institutions offer co-branded credit cards in collaboration with another firm, organization, or brand. These co-branded credit cards come with alluring rewards that you can enjoy with said brand, organization or firm, along with many other benefits similar to traditional credit cards. The list of eligibility criteria, including a good credit score, is also common for co-branded credit cards!
Checking your CIBIL score is essential before applying for a co-branded credit card, and you can now do so by using free CIBIL score check apps. Using the CIBIL score app or website, you may easily verify your creditworthiness. So, take advantage of the benefits offered by a free CIBIL score check app to remain on top of your financial health and choose a suitable co-branded credit card.
Advantages of Co-branded Credit Cards
The key benefits of using a co-branded credit card are here.
- You can enjoy exclusive brand incentives, discounts, earning high rates, loyalty status, and other useful advantages.
- Some co-branded credit cards, such as airline or hotel credit cards, can assist you in achieving elite status, which entitles them to additional benefits.
- Co-branded credit cards may have higher approval rates.
Collaboration of CO-branded Credit Cards
Here are some of the best co-branded credit cards;
Amazon Prime rewards visa signature card
Upon acceptance, it comes with a 150 bucks Amazon gift card. You’ll receive 5% back at Amazon.com and Whole Foods Market, 2% back at restaurants, drugstores, and petrol stations, and 1% back on all other purchases. This card has no annual charge, but you need to be an Amazon Prime member. To be clear, you don’t need to buy Prime because of the card, but if you’re already a Prime member, possessing this card might be even more useful.
The Hilton Honors American Express Aspire card
Despite its hefty annual fee of $450, it is widely regarded as one of the best co-branded hotel credit cards. It provides Diamond status, the highest level of elite status, which includes, among other things, a daily credit for food and beverage or continental breakfast (varies by brand and location) and Executive lounge access (where available). In terms of a welcome incentive, new card members can get 150,000 Hilton Honours points after a certain amount of spending on the card within the first three months of membership.
Cardholders will also earn 14X points at eligible Hilton hotels or resorts, 7X points on flights booked via the airlines or through American Express Travel, 7X points on vehicle rentals booked directly with certain car rental providers, 7X points at US restaurants, and 3X points on all other transactions. If you’re a Hilton fan, you’ll love how densely packed this card is, with important perks that make the annual cost more bearable. One yearly free night incentive after renewing your card every year, up to $250 in statement credits for qualified purchases booked directly with participating Hilton properties, Priority Pass Select airport lounge access, and more are among the benefits.
Advantage Platinum Select World Elite Mastercard
Because of all it offers, it is one of the greatest co-branded airline credit cards, but you’d need to travel to American Airlines frequently to make full use of it. It has a $0 initial annual charge for the first year (then a $99 annual fee upon that), as well as a 75,000-point welcome bonus after spending $3,500 in the first four months of card membership. You’ll get 2X miles on qualified American Airlines purchases, 2X miles at petrol stations and restaurants, and 1X miles on everything else. Some of the perks of this card include free first-checked bags on domestic flights, priority boarding, and 25% off in-flight beverages and food purchases.
Co-branded credit cards may be an excellent way to save money while earning points and privileges, but only if you are a fan of a specific brand such as a retail, airline, or hotel chain.
A free CIBIL score check is highly-advised if you wish to maintain a healthy credit score and, thereby, a healthy financial history. A free CIBIL score check is quick and easy with the CIBIL score app and website. So, download the reputable CIBIL score app immediately and begin your route to financial success.