Holiday shopping season is in full swing, and you’ve probably heard a lot of talk about what to shop for, from the newest products to the best gifts for everyone in your life. But what about how to shop?
The truth is, consumers are much more likely to enjoy themselves and make smarter spending decisions when they’re given choice and convenience as to how they can pay for purchases, earn rewards, and pay off their credit card balance. Here are a few tips from RBC on how to have the best shopping experience this holiday season:
Choose payment options wisely
It’s not just about what you buy, it’s about how you pay for it. Today, there are many payment options from cash to mobile to ‘tap to pay’ to e-Transfers, so understanding which payment option is best for you and your specific purchase will make the difference in convenience.
For example, by paying with your credit card, your gifts may be protected by several insurance benefits such as zero liability, extended warranty, and purchase assurance.
Or, if you’re splitting a gift for your mom with your sibling, use a free RBC eTransfer. Sending e-Transfer is free from all RBC personal chequing accounts. Tap to pay will also speed up your time at the checkout, so consider using you’re your digital wallet app, tap card or Apple pay.
Double, triple, or even quadruple your points
If you use a rewards credit card, don’t settle for earning the standard amount of points on each purchase. Do your research to find out what bonus offers exist, and take advantage of them when shopping. This holiday season, RBC is offering double or even triple your points with retailers such as Saks and Apple.
By maximizing your rewards earning potential, you might even accumulate enough points to buy yourself a little present. Better yet, RBC’s Payback With Points offers cardholders the flexibility of redeeming points directly toward paying off your RBC Rewards credit card balance. Whether you’re paying off groceries or gifts, this option becomes even more attractive once holiday bills start rolling in.
Look for perks you already have access to
In today’s competitive credit card market, your card provider might be offering extra incentives to thank you for your business and make holiday shopping even easier this year. Do research into any opportunities that the cards in your wallet may present and take advantage of them.
For example, RBC hosts the Avion Holiday Boutique at Yorkdale Shopping Centre in Toronto and Metropolis at Metrotown in Burnaby, B.C., where Avion cardholders receive complimentary valet parking (Toronto only), coat and parcel check, VIP lounge with refreshments and gift wrapping.
Track your spending and your points
One advantage to electronic banking is that you can have real-time access to purchase records, so you can use your mobile banking app to keep tabs on your spending. The new RBC Rewards app lets you also keep track of your rewards activity, provides a tally of your pending points, and gives suggestions for merchandise based on your past searches, including products from Best Buy and Apple—all from the palm of your hand. You can also “favourite” specific items for quick and easy access later.
This is a sponsored post written by Ratehub.ca on behalf of RBC.