High-Value Festive Spends Take the Spotlight; 42% Spent over Rs. 50,000 on their Credit Cards this Diwali: Paisabazaar Survey

High-Value Festive Spends Take the Spotlight; 42% Spent over Rs. 50,000 on their Credit Cards this Diwali: Paisabazaar Survey https://www.taxtmi.com/news?id=60153 The survey reports that over 42% of credit cardholders spent more than Rs. 50,000 during the festive season, with top categories being home appliances, mobiles and apparel. It highlights that 91% planned purchases around card offers, 71% held shopping-specific cards with cashback and rewards, cashback was the leading incentive, and No-Cost EMI was the predominant EMI option. Additionally, 48% preferred a mix of online and offline shopping, with major e-commerce platforms viewed as offering the best deals. en-us Thu, 30 Oct 2025 12:31:03 +0530 Thu, 30 Oct 2025 12:31:03 +0530 TaxTMI RSS Generator High-Value Festive Spends Take the Spotlight; 42% Spent over Rs. 50,000 on their Credit Cards this Diwali: Paisabazaar Survey https://www.taxtmi.com/news?id=60153 The survey reports that over 42% of credit cardholders spent more than Rs. 50,000 during the festive season, with top categories being home appliances, mobiles and apparel. It highlights that 91% planned purchases around card offers, 71% held shopping-specific cards with cashback and rewards, cashback was the leading incentive, and No-Cost EMI was the predominant EMI option. Additionally, 48% preferred a mix of online and offline shopping, with major e-commerce platforms viewed as offering the best deals. News - Thu, 30 Oct 2025 12:31:03 +0530 https://www.taxtmi.com/news?id=60153