Is it good to buy a bike with credit card?

[arjungoyal12]

I have been working for 2 years. Now I think that I have enough savings to buy my choice of bike. Right now, I also have a SBI SimplyClick credit card. I wanted to know if it would be good to buy bike the credit card? Like there are three options for me now: buy bike with credit card, cash or get a bike loan. I want some advice on this.

 

[santoshraut]

If you have a good rewards card, then definitely yes. Recently, I bought a bike with Axis Magnus for a Burgundy Credit Card. I did small amount test transactions to check MCC and bargained for credit card charges of 1%.

 

[arjungoyal12]

I have HDFC Diners Club. I will also try to buy a bike through that and see if I can bargain about the credit charges with them. Thank you for the suggestion!

 

[prashantmodi21]

Definitely you should buy a bike from ecommerce platforms like flipkart and amazon because they offer nearly 10% instant discount on payment of ex-showroom price of bike or you can avail no-cost emi option with discount just check out if offers going on sbi card or not. The only drawback is that availability of vehicles models

 

[arjungoyal12]

Is bikes available there? This is a news to me. I will search today about this