Festive Sale 2023: What is Best to Use, Buy Now Pay Later or Credit Card?

06 Oct, 2023 Author: Ayushee Joshi

Festive Season: With the festive season arriving soon, people are waiting for the discounts and offers with this year’s grand sale. E-commerce firms like Flipkart, Amazon, Myntra, and many others have also announced their festive season sales. Not only do customers get amazing discounts on goods, they also get the facility of extra discounts on many credit cards. Along with this, on some credit cards, customers get the benefit of excellent cashback and on some, the facility of Buy Now Pay Later is available. But, do you which one is better? Know the benefits of both facilities and choose according to your preferences.

Is BNPL Better Than Credit Card?

Customers have some time to pay for their products using both credit card and buy now pay later payment options. Customers may also take advantage of numerous cashback and reward point promotions on credit card transactions. Customers who use Buy Now Pay Later do not receive this perk. While credit cards have card restrictions that force you to limit your purchases, the Buy Now Pay Later option has no credit limit. In the case of a credit card, the client can choose the EMI option but must pay a fee for it, but with Buy Now Pay Later, there are several EMI possibilities and no additional fee is required.