Do your regular shopping and payments with credit cards for good rewards

Here is how interest rates and charges on credit cards by various banks stack up

While credit cards are usually equated with debt traps, if you use them smartly, they can ring in substantial benefits

There are some cards that reward you for regular shopping, dining and entertainment spends

You can shift payments for grocery, online and festival shopping to one of these and also use them at restaurants and cinema halls for rewards

Most of them offer either cashback or higher reward points than other cards that can be used for free gifts or repayment of dues

Most of these come with complimentary movie ticket vouchers every month and discounts of up to 20 per cent at partner restaurants