In a world where everything is fast moving to digital mode, the financial sector has turned 360 degrees by integrating tech to evolve buying and spending. Digital payments in India had crossed Rs 11,600 crores by December of the financial year 2023-24. According to a PIB report, digital payments in India have grown at a CAGR of 45% in the five years ending with FY2022-23. 

It’s true; we can effortlessly settle everything, from our day-to-day expenses for groceries to our favourite cup of coffee, with a few taps on our smartphones. But, with so many online expenses, our bank statements end up cluttered.

Besides, should we even expose our main account at so many payment points, given the incessant news of bank account-related scams and frauds? The answer lies in a safe and separate digital savings account.

Why should you open a separate account for your daily transactions?

Budgeting and tracking ease – Just transfer your estimated monthly expenditure amount from your main account to your separate account and use it for all your daily payments, which makes budgeting and expense tracking much more manageable. 

Safeguarding your financial privacy – It is never a good idea to use the same bank account for your salary, investments, and insurance premiums, as well as to make all the daily payments. There is a possibility, however remote, that your account may get exposed to online fraud and scams. How to avoid it? Simple; just maintain a separate daily transaction account! 

In short, maintaining separate accounts – one as your savings account and another for daily transactions – ensures security, safety and better money management. But, choosing the right separate savings account becomes very important, and one such bank account is the Airtel Payments Bank Savings Account, offering convenience at your fingertips. This account empowers you to make hassle-free transactions for all your daily needs. 

Why choose Airtel Payments Bank for all your daily transactions?

With Airtel Payments Bank, you get a dedicated financial space to manage all your everyday expenses without having a reflection of the same on your main account. Here’s what more you get with Airtel Payments Bank savings account:

  • A fully digital solution – Open your Airtel Payments Bank account in a matter of minutes with a 100% paperless account opening process and no monthly average balance requirement.
  • Earn on your savings – With Airtel Payments Bank savings account, you earn up to 7% in interest income for a balance above Rs 1 lakh.
  • Recharges & bill payments- Airtel Payments Bank is a one-stop solution for all your payment needs. Make instant payments for your everyday recharges, bill payments, merchant payments, and more.
  • Transfer money instantly -You can send and receive money instantly with an Airtel Payments Bank savings account. You can also scan & pay for all your shopping needs.
  • Heading out to the highway – No more highway blues, as you can buy and recharge NETC FASTag with Airtel Payments Bank, which gets delivered to your doorstep for free and instantly activated. 

Conclusion If you are still making daily online payments from your main bank account, think twice! Perhaps it’s time to switch to Airtel Payments Bank and enjoy instant payments while safeguarding your main account. Switch to Airtel Payments Bank – the Safe Digital Account for all your daily transactions in minutes from the comfort of your home! Download the Airtel Thanks app today.

Disclaimer:This article contains sponsored content that may not reflect the independent opinion or views of FinancialExpress.com. Further, FinancialExpress.com cannot be held responsible for the accuracy of any information presented here. Please consult a certified financial advisor before making any decisions based on this article.