Suit-Up For These Premium Credit Cards

By Saroni Chakravarti | October 26, 2018

Whoever said luxury comes at a price, hasn’t heard of zero annual fee Credit Cards. If luxe is how you roll, get your hands on these premium Credit Cards now.

As children, we never heard the end of how luxury comes at a price from our elders (also aunties who had taken it upon themselves to impart unsolicited wisdom to unsuspecting kids). Decrying our generation’s excessive reliance on expensive technology and the habit of oversharing was probably their favourite pastime. Now that we’re all grown up and paying taxes like any other responsible adult, we cannot help but realise that there may have been some semblance and truth to that rant. Having said that, splurging on yourself every now and then is healthy and won’t necessarily leave you debt-ridden if you plan and manage your investments right.

Additional Reading: Myths About Credit Cards That Won’t Go Away

Take the case of Credit Cards, for instance. Most will tell you to avoid them like the plague as you run the risk of racking up a huge debt, but seldom does anyone dole out advice on how to master Credit Card management. It’s actually not that difficult if you really put your mind to it. Pay your dues on time and in full; keep your card utilisation ratio under 30% and keep an eye on your Credit Score at all times. See how easy that was?

Now that we’ve got that little nugget of wisdom out of the way, let’s understand why we want to turn the adage of paying a price for luxury on its head. To put it simply – it’s because of the existence of zero annual fee Credit Cards. As unbelievable as it sounds, zero annual fee Credit Cards with exclusive privileges do exist and that too without the caveat of hidden charges. But what’s a hypothesis without proof, right? So, here you go: presenting premium Credit Cards with zero annual fee:

  1. HSBC Visa Platinum Card

Rewards:

  • 6 points for every Rs. 150 spent on dining, hotels and telecom
  • 10 points for every Rs. 150 once yearly spends exceed Rs. 4 lakhs. Applicable on spends up to Rs. 10 lakhs only
  • 2 points for every Rs. 150 on all other eligible spends

Joining perks:

  • 10% cashback
  • Cleartrip vouchers worth Rs. 2,000

What you’ll love:

  • Buy one, get one free movie ticket on BookMyShow once every month
  • No joining fee and annual fee
  • Up to 15% discount at 700+ restaurants across major cities
  • Up to 10,000 cashback on booking international flights on MakeMyTrip

Check eligibility for this card

  1. IndusInd Bank Platinum Aura Edge Master Card

Rewards:

  • 4 points for every Rs. 100 on departmental store spends
  • 2 points for every Rs. 100 spent on consumer durables or electronic items
  • 5 points for every Rs. 100 spent on dining and books

What you’ll love:

  • Fuel-surcharge refunds on fuel station spends
  • Comprehensive insurance benefits
  • Exciting vouchers from Raymonds, United Colors of Benetton, Marks & Spencer etc.
  • Flexibility to choose your reward plans to match your lifestyle. You can earn up to 4X reward points on select merchant categories also

Check eligibility for this card

  1. Axis Bank My Zone Credit Card

Rewards:

  • 4 points for every Rs. 200 spent
  • 20 points for every Rs. 200 spent on shopping during weekends
  • 40 points for every Rs. 200 spent on dining during weekends

Joining perks:

  • 100 points on your first transaction upon joining

What you’ll love:

  • 25% cashback on movie ticket bookings
  • Complimentary lounge access
  • Fuel-surcharge waiver

Check eligibility for this card

  1. Jet Airways IndusInd Bank Voyage American Express Card

Rewards:

  • 6 points for every Rs. 100 spent on Jet Airways on weekdays
  • 3 points for every Rs. 100 on all other spends on weekdays
  • 8 points for every Rs. 100 spent on Jet Airways on weekends
  • 4 points for every Rs. 100 on all other spends on weekends

What you’ll love:

  • 2X rewards on Jet Airways, perfect for frequent fliers
  • 5% discount on base fare for domestic and international revenue tickets booked on Jet Airways and JetKonnect websites
  • Complimentary lounge access through American Express
  • 1% fuel-surcharge waiver at all petrol pumps across India

Check eligibility for this card

  1. IndusInd Bank Platinum Card

Rewards:

  • 5 points for every Rs. 150 spent
  • Buy one, get one movie ticket across multiple entertainment partners

What you’ll love:

  • Comprehensive insurance benefits
  • Fuel-surcharge waiver at all fuel stations across India
  • Priority Pass Membership for you and your partner
  • One-time membership fee

Check eligibility for this card

Additional Reading: Best Of Credit Cards, Personal Loans, Car Loans and Home Loans-October 2018

Credit Cards may come packed with rewards and benefits, but all those rewards might not necessarily make sense for you. It’s important to start by first, refining your requirements, and then, scour the market for the best deals on these Credit Cards. Did you know that a good Credit Score of 750+ can help you pocket the best deals on Credit Cards? On BankBazaar, you can check your Credit Score as many times as you want and pay nothing for it. So why don’t you go ahead and give it a dekko?

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

About Saroni Chakravarti

Saroni loves all things quaint and old world- be it art, music or cinema. She has a special knack for spotting the weirdest traits in people and can't for the life of her understand why she attracts the worst co-passengers. Despite her cynical exterior, she still hopes for a world that will be free from discrimination and cruelty. When she's not spending her day commuting, she can be found watching funny videos, reading, and sending out needy vibes to strays around her.

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