Credit cards are an essential component of financial exchanges. New users must realize that different credit cards provide a variety of perks that are often exclusive. Furthermore, banks offer a variety of opportunities for their customers to accumulate points and prizes on credit card transactions. Such rewards, which may be exchanged in the form of cash backs or bonuses, can be claimed during a certain time. This is usually a percentage of the total order that is awarded as cashback.
Nevertheless, various banks provide different incentives and strategies to their customers. Read below to find some of the best credit cards in India to select from according to your needs. Please note, all the information has been presented according to current date and can get changed by the bank during any time of the year. You must read all the scheme-related documents properly before selecting or choosing a credit card.
Amazon Pay ICICI Bank Credit Card
The Amazon Pay ICICI Bank Credit Card is indeed one of the best credit card in India offered by ICICI Bank in collaboration with Amazon Pay (India) Private Limited (Amazon Pay) and Visa. This is a no-fee credit card with no joining or renewal fees. The credit earnings method is intended to offer rewards in the form of Amazon Pay balance for every transaction (both on Amazon.in and in physical locations of Amazon Pay partner retailers).
HDFC Diners Club Black card
For those who spend a lot, this credit card in India offers unrestricted access to lounges around the world as well as wonderful incentives. In terms of credit limit, the HDFC Diners Club Black card has a limit of 4 lakhs. In fact, this card has been labelled the greatest foreign credit card. At 2.0 per cent, it has one of the lowest foreign currency exchange rates. You can also participate in free golf tournaments every quarter. What’s more, you’ll be able to earn up to 3.33 per cent across every retail purchase (excluding fuel) and you will gain 5 reward points for every 150-transaction. In addition to the reward points, you will instantly have access to a plethora of lifestyle and travel perks.
SBI Student Plus Advantage credit card
The SBI Student Plus Advantage credit card is a good option for college students who want to control their costs. This credit card in India is only available to users who’ve already drawn out an educational loan from SBI. As a secured credit card, it requires no annual fee once you make a predetermined deposit. The card includes additional benefits, such as a 2.5 per cent reward on all supermarket and department shop purchases. Students get that same rate for any overseas costs, which is excellent if you are attending university.
SBI Card PRIME
SBI Card PRIME considered the greatest credit for utility bill payments, comes with both a priority boarding for four free international and eight free domestic airport lounge visits. It includes 3,000 in welcome e-gift cards. It may be used to make purchases at Pantaloons, Yatra, Shoppers Stop, and other stores. The yearly charge is eliminated for cards that have at least 3 lakhs in spending. This card comes in both MasterCard World and Visa Signature versions. SBI Card PRIME is the market’s most valued credit card.
ICICI’s Business Advantage Black card
One of the greatest business cards available is ICICI’s Business Advantage Black card. This special card is intended to help companies drive safely. You might get up to a 1% reward both on local and foreign purchases. The card covers everything, from overseas travel to automobile rentals to business services like accountancy, marketing, and sales. The fact that the cashback is dependent on total spending is a major selling point for this card. That is, the more the amount invested, the greater the payback. Apart from cashback on business costs, customers can also get cashback once their payments are made.
IndusInd Bank Pioneer Legacy card
Among all lifetime free credit cards in India, the IndusInd Bank Pioneer Legacy card has the best reward rate. You’ll get a 1% rewards rate on all daily purchases and a 2% on weekends. Furthermore, as part of their birthday offer, if you spend 600,000 INR during a year, you will earn an extra 6,000 points. You will receive special gift cards for Oberoi Hotel groups as a sign-up incentive, as well as a Luxe gift card – one card for several pleasures.
American Express Platinum Travel credit card
If you travel frequently, the American Express Platinum Travel credit card might be ideal for you. This card provides additional travel gift cards in addition to complimentary lounge access. This is all about enjoying the advantages of those landmark achievements. You will get a welcome gift comprising 10,000 rewards points, valid for a Flipkart voucher or a 3,000 Amex travel online pay with points option. In addition, if you spend 1.9 lakhs per year, you will earn travel coupons totalling 4,500. This card not only enhances your entire travel experience but also includes additional perks like regular deals and offers at MakeMyTrip and other redeemable incentives. Furthermore, for every 50 INR spent, you will receive one reward point.
Flipkart Axis Bank Credit Card
The Flipkart Axis bank credit card offers infinite rewards on transactions made on the most commonly used applications, including Uber, Swiggy, PVR, Myntra, and others. You may use this card immediately when it is issued, and you will also receive Rs. 1100 as introductory perks. In addition, there is an unlimited 5% cashback on Flipkart and a 15% cashback up to Rs. 500 on your first purchase on Myntra. You can receive free admission to domestic airport lounges four times a year with a Flipkart Axis bank card.
Axis Pride Signature
If you are an NRI, the Axis Pride Signature card is the greatest option because it gives you the most value for your money in practically every area. The credit card has no annual fees for the first year. When you spend nearly 40,000 in a year, the yearly charge of $500 will be eliminated for the following years. The majority of the credit card’s value is gained with a 1.6 per cent real value on all transactions excluding petrol. That is, for every 200 spent, you will receive 8 reward points. You would also enjoy two lounges access every quarter in five major Indian cities, as well as extra dining incentives.
Standard Chartered DigiSmart
The Standard Chartered DigiSmart credit card is designed for those who want to shop online. You may save up to 25% on airfare, clothing, restaurants, groceries, cinema tickets, and taxi fares. You may save up to 3,450 each month with this credit card. Unfortunately, you can only use this credit card in India to get discounts on select online sites. Users get a 20% discount on Myntra per purchase, a 20% discount on domestic flights booked via Yatra, and a 25% discount on domestic hotel reservations. Furthermore, you will receive a 10% reduction on online meal purchases on Zomato and while buying groceries on Grofers.