The accessibility and popularity of credit cards in Tier-2 and 3 towns and cities have witnessed a notable surge, a recent consumer study conducted by ZET, India’s leading fintech platform, has found. The study highlights a significant inclination towards fuel cash-back credit cards, with travel and e-commerce credit cards also experiencing increased adoption rates in 2023. As fuel expenses continue to escalate, fuel credit cards have emerged as a preferred choice in Tier-2 and Tier-3 cities, experiencing a remarkable 17% year-on-year growth in 2023.
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