Best Credit Card In India: If you’re considering a credit card or want to know which one is best for you, there are many credit cards available in the Indian market today. These cards make it easy to do many things, including shopping, travel, cashback, and more. If you’re considering a credit card, be sure to read this post.
In this post, we’ll explain what a credit card is, how to apply for one, and the benefits of credit cards, their uses, and credit card interest rates.
What is Credit Card?
A credit card is a simple plastic instrument that allows you to borrow money from a bank when you’re short on cash and urgently need it, and then return it after a certain period of time. The most important feature is that you don’t have to pay any interest. Whether you’re shopping, traveling, or meeting emergency needs, you can use a credit card to do everything you need.
Before selecting a credit card, you need to check some important points such as:
- What is the monthly limit of the card?
- What are the card annual fees?
- What are the charges if you make a late payment?
- How easy is approval?
- What is the eligibility for a credit card?
Credit Card and Annual Fee
Looking for a credit card to shop for your favorite items? The table below lists a list of the best credit cards in India with a variety of benefits. Compare and choose the one that best suits your shopping needs.
| List of Best Credit Card In India | Joining Fee | Annual Fee |
|---|---|---|
| SimplySAVE SBI Card | ₹499 | ₹499 |
| BPCL SBI Card | ₹499 | ₹499 |
| ICICI HPCL Coral Credit Card | ₹199 | ₹199 |
| ICICI Bank Instant Platinum Credit Card | NIL | NIL |
| HDFC Doctor’s Superia Credit Card | As applicable by the bank | ₹1000 |
| HDFC Regalia Card | ₹2500 | ₹2500 |
| Citibank Citi Cashback Credit Card | ₹500 | ₹500 |
| Standard Chartered Manhattan Platinum Credit Card | ₹999 | ₹999 |
| RBL Bank Platinum Maxima Credit Card | ₹2000 | ₹2000 |
| SimplyCLICK SBI Card | ₹499 | ₹499 |
| HDFC Money Back Credit Card | ₹499 | ₹499 |
| Amazon Pay ICICI Credit Card | NIL | NIL |
| Flipkart Axis Bank Credit Card | ₹500 | ₹500 |
| Kotak Royale Signature Credit Card | NIL | ₹999 |
| Axis Bank ACE Credit Card | ₹499 | ₹499 |
| Axis Bank My Zone Credit Card | ₹500 | ₹500 |
| Axis Bank NEO Credit Card | ₹250 | ₹250 |
| SBI Prime Credit Card | ₹2999 | ₹2999 |
| SBI Elite Credit Card | ₹4999 | ₹4999 |
| Standard Chartered DigiSmart Credit Card | No Joining Fee | ₹49 |
Best Credit Card In India
Here we will give you information about the best credit cards according to your requirement.
HDFC Money Back Credit Card
If you’re new to the world of credit cards, HDFC’s MoneyBack Credit Card is the right choice for you. It allows you to save money while also improving your credit score. With its cashback benefits, you’ll save money for every penny you spend. It’s specifically designed for frequent shoppers.
- You earn 2 reward points for every 150 spent.
- You get double the benefit on online transactions.
- You can use your accumulated points for online shopping or direct statement credit.
- You also get a 1% fuel surcharge waiver.
- A 50-day interest-free limit is provided.
SBI Simply Click Card Card
SBI Card Prime comes with Priority Pass for 4 complimentary international and 8 complimentary domestic airport lounge visits. This card allows you to shop at almost all brands, including Pantaloons, Yatra, Bata/Hush Puppies, Shoppers Stop, and more.
- 2,000 bonus points for spending ₹2,000 in the first 60 days
- 10 points/₹100 spent on dining, movies, grocery, and department stores.
- 1 point/₹100 spent on all other categories
- 1% fuel surcharge waiver
- Cash withdrawal up to 80% of the credit card limit.
American Express Platinum Travel Credit Card
If you’re a travel lover, this credit card is made for you. If you travel every month, you can save a lot of money with this credit card. This card not only enhances your overall travel experience, but also comes with additional benefits like one reward point for every ₹50 spent. You can also get great offers whenever you book tickets online.
- 1 Reward Point for every Rs. 50 spent.
- You can also withdraw up to 80% of your credit card limit.
- Offers and Discounts on MakeMyTrip
IndusInd Bank Pioneer Legacy card
IndusInd Bank Pioneer Legacy Credit Card can be used for purchasing goods at merchant establishments, for travel, for making online payments or through e-commerce websites, and for cash withdrawals anywhere in India or the world.
- For booking movie tickets, paying utility bills, traveling, and shopping online.
- Secure online shopping and e-commerce transactions
How to Choose the Best Cashback Credit Card in India?
There’s no single best cashback credit card in India. Here’s how to choose the right one for you –
Online Shopping: Use creading Cards for online shopping and get offer better rates on specific platforms.
Welcome Bonus: Many cards offer a bonus for signing up. So choose perfect card while applying.
It’s important to compare the features, benefits, fees, and interest rates of different credit cards. Pick maybe two or three finalists from this list and eligibility requirements before applying anywhere.
Conclusion
Here, we’ve explained the best credit cards in India in detail. We’ve also explained how using a credit card can offer numerous benefits. However, it also has some drawbacks, so be sure to use your credit card wisely to avoid incurring unnecessary debt.
