Credit Cards With ZERO First-Year Fees

By Sanesh Mathew | January 21, 2019

We’ve picked out a few Credit Cards from our kitty that do not charge a first-year fee but offer plenty of amazing perks. Check them out! 

Credit Cards With ZERO First-Year Fees

You’ve been searching for the perfect Credit Card but somehow there’s always something missing. Well, that’s because there’s no such thing as a perfect Credit Card. Each card offers something different from the other; some offer lifetime free membership, some scrap the first-year/joining fees, some give you reward points and some offer cashback, some allow you to save on fuel spends or air tickets, and a few others give you free movie tickets and lounge access.

Additional Reading: Credit Cards That Can Actually Save You Money

That’s why, time and again, we stress that you must always choose a card that complements your lifestyle. We know it’s not all that easy to choose, especially because there are a lot of options. So, to make things easy for you, we’ve picked out a few Credit Cards from our kitty that do not charge a first-year fee and offer plenty of benefits like discounts on movie tickets, free lounge access and more. Here you go.

YES Premia Credit Card

This Credit Card from YES Bank does not any charge first-year fees. Additionally, it does not charge any annual fees. So, you get to enjoy the following features for FREE with this card (of course, you’ll have to pay back the credit you use):

  • 5 points for every Rs. 100 spent on groceries, supermarkets and dining
  • 4 points for every Rs. 100 spent on retail
  • 25% off on movie tickets purchased through BookMyShow
  • Free Priority Pass membership for the cardholder
  • 2 free international lounge visits in a year and 2 free domestic lounge visits every calendar quarter
  • Fuel-surcharge waiver
  • 750 bonus reward points on each YES PayNow registration
  • No expiry date for reward points

IndusInd Bank Platinum Card

This Credit Card from IndusInd Bank doesn’t charge any fee – no first-year fee, no annual fee. Enjoy perks such as:

  • 15 reward points on every Rs. 150 spent
  • Buy one movie ticket and get another for FREE from multiple entertainment partners
  • Fuel-surcharge waiver
  • Priority Pass membership for you and your partner
  • Free golf round every quarter at a prestigious club
  • Comprehensive insurance benefits
  • 24/7 concierge services
  • Up to 15% discount at premium restaurants within the country

Kotak Royale Signature Credit Card

This Credit Card from Kotak Mahindra Bank doesn’t charge a first-year fee. However, it does charge an annual fee of Rs. 999 from the second year onwards. This fee will be waived if you spend more than a lakh in the preceding year. On the bright side, this card offers a host of amazing perks such as:

  • 4X reward points on special categories such as hotels, restaurants, travel agencies, tour operators, airlines, international spends, etc.
  • Free lounge access
  • Fuel-surcharge waiver
  • Rail-surcharge waiver on transactions via IRCTC website or bookings made via Indian Railways counters

Additional Reading: 3 Lesser-Known Credit Cards Which Pack A Punch

IndusInd Bank Platinum Aura Edge Credit Card

This card from IndusInd Bank doesn’t charge a first-year fee or an annual fee. With this card, you can enjoy these benefits:

  • 4 points for every Rs. 100 spent on shopping at department stores
  • 2 points for every Rs. 100 spent on the purchase of consumer durables and electronic items
  • 5 points for every Rs. 100 spent on dining and books
  • 5 points for every Rs. 100 spent on all other categories
  • Priority Pass membership for you and your partner
  • Comprehensive insurance benefits
  • Fuel-surcharge refunds at all fuel stations

YES Prosperity Reward Plus Card

A lifetime-free Credit Card from YES bank, the Prosperity Reward Plus card offers you the chance to collect a lot of reward points. And the best part is that the reward points you accumulate never expire.

  • 5 points for every Rs. 100 spent on retail on your birthday
  • 4 points for every Rs. 100 spent internationally
  • Up to 3 points for every Rs. 100 spent on dining, retail and online
  • Joining bonus of 1,250 reward points on spending Rs. 5,000 within 30 days of receiving the card
  • 12,000 bonus points on spends of Rs. 3.6 lakhs or more every anniversary year
  • 100 points on completing 4 transactions of Rs. 500+ in a statement cycle. Applicable for first 6 statement cycles
  • 500 bonus reward points on each YES PayNow registration
  • Fuel-surcharge waiver

Additional Reading: Check Out These Lifetime-Free Credit Cards From YES Bank

So, what do you think? Would you like to apply for any of the cards mentioned above? Just click the link below to apply for one of the above-mentioned cards or any other card based on your eligibility.

All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit www.bankbazaar.com for the latest rates/offers.
Category: Credit Cards Money Management UCN
Sanesh Mathew

About Sanesh Mathew

A talkative sleepyhead, Sanesh, enjoys watching horror movies, listening to music, reading all things related to personal finance and wandering aimlessly (walking meditation, he calls it!). He refers to himself as a 'simple human being with a rather chaotic mind'.

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