A large off-plan expense may disrupt the financial flow.
“When taking my mother for a recent medical examination, from a seemingly not serious symptom, we had to do many in-depth tests with high fees to be able to identify the disease. Luckily, I used a credit card, so I did not fall into a financial passivity” – Ms. Hang, currently living in Ho Chi Minh City, shared.
Such situations are not uncommon in life. A medical examination, car repair, purchase of household appliances, or unexpected expenses for the family can all appear unexpectedly, while house rent, tuition fees, invoices, and daily living expenses still arrive on time.
I still keep a separate amount for family health care, but this amount is being saved, not convenient for immediate settlement. Therefore, I prioritize "swiping the card" to advance medical examination costs for my mother," Ms. Hang added.
The need to use credit cards does not only stem from financial shortages. If you have to use all cash or money in your account for an unexpectedly incurred expense item, other expenses in the plan may need to be adjusted accordingly.
Smart spending: spending less or spending more effectively?
Every day we still have to "take out our wallets" for spending items such as shopping, eating, or paying for essential services. Sometimes, to save costs, we are making plans to cut consumption. But is that a smart financial plan, or should we instead optimize spending and find more value from these periodic spending items?
Understanding customers' needs for a smart personal finance and consumption management solution, ABBank has developed a portfolio of credit cards suitable for customer habits and spending preferences, from Visa Classic, Gold, Platinum, Travel, Cash Back to Visa Priority...
Depending on the card type and applicable conditions, customers can be refunded up to 5%, free of interest for up to 45 days, transferred to installment transactions with an interest rate of 0.95%/month, along with incentives from ABBank and Visa's large service partner system in dining, shopping, tourism, health care, golf, hotels...
With the ABBank Cashback card, the refund rate is up to 2%, maximum 50,000 VND/transaction and 6 million VND/year according to the applied policy, suitable for customers with regular spending needs. With the ABBank Visa Priority card, customers can receive a refund of up to 5% according to the product policy.
With credit cards, amounts of money that still have to be spent on shopping, eating, traveling or essential needs can simultaneously bring cashback benefits along with many incentives.
From flexible payment to proactive spending management
Along with the refund and incentives at the Bank's service partners, the ability to easily manage transactions is also an advantage of credit cards.
With ABBank Visa credit cards, customers can register to open cards online or at transaction points, easily activate and manage card transactions, card status and related services... on the ABBank digital banking application.
Not only convenient for payment, ABBank Visa credit cards are also integrated with modern technologies such as EMV chips, contactless payment and 3D Secure online transaction authentication... helping to increase safety and convenience for customers when making transactions with cards.
In addition to regular benefits, ABBank is implementing many incentives for customers who open new or re-issue cards, bringing customers added value right from the first transactions.
Specifically, from now until the end of January 31, 2027, customers who successfully open a card and generate valid spending transactions can receive Van Gogh silk scarves limited edition, worth up to 500,000 VND, according to program conditions.
With a 30-day accumulation promotion program, customers using Visa Classic, Gold, Platinum, Travel, Cash Back lines with spending levels from 5 million VND can receive Van Gogh tote bags worth 150,000 VND; Visa Priority cardholders reaching from 30 million VND can receive Bluetooth headphones worth up to 600,000 VND.
New eligible customers can also be refunded 50% of the value of the first transaction, up to 100,000 VND; Visa Priority has a promotion of giving a domestic airport lounge when customers meet spending conditions. In 365 days from the date of card opening, customers with accumulated spending levels from 40 million VND can also be refunded 100% of the annual fee; for Visa Priority cardholders, the corresponding spending level is 80 million VND, applied with program conditions.
Smart spending is not spending less, but knowing what you need to spend, how to use the cash flow and choosing the right tools so that each expenditure brings maximum value.
