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Top 10 Credit Cards For 2016

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Top 10 Credit Cards For 2016

Top 10 Credit Cards For 2016

Through the year we wrote blog articles, sent you mailers, and did all we could to tell you about the benefits of getting a Credit Card. We spoke at length about digitalisation and how it is changing, reshaping, and influencing our banking habits.

Demonetisation made everyone realise that life would be a lot easier if they had access to netbanking, a Debit Card, or a Credit Card.

If you don’t already have a Credit Card or would like to apply for another (there are advantages to having more than one Credit Card), then we are here to help you pick a Credit Card. We went through our Credit Card repertoire and picked the top 10. We compared the rewards programs offered and picked the 10 most beneficial cards.

Additional Reading: The Top 7 International Credit Cards

Check the list and make your pick!

Credit Card

 Yearly Fees Rewards

Additional Perks
SBI Simply Save Credit Card
  • 1st year joining fee – Rs. 499
  • 2nd year onwards –Rs. 499
  • APR – 40.2% per annum
  • Get 2,000 bonus points on spending Rs. 2,000 within the first 60 days.
  • 2.5% fuel surcharge waiver for each transaction between Rs. 500 & Rs. 3,000.
 Redeem your reward points against your Credit Card outstanding balance or redeem against gifts from the rewards catalogue.
SBI Signature Contactless Credit Card Rs. 4,999
  • SBI Signature Contactless Card holders can get 5X Reward Points on grocery purchases, departmental store purchases, dining and international transactions.
  • Get a 2.5% surcharge waiver on fuel transactions ranging between Rs. 500 and Rs. 4,000.
 Get a welcome e-gift voucher worth Rs. 5,000.
American Express Platinum Reserve Credit Card
  • 1st year Rs.  5,000 + applicable taxes.
  • 2nd year onwards Rs. 10,000 + applicable taxes.
  • APR – 40.2% per annum.
  • 11,000 Bonus Membership Reward Points on joining.
  • Access to luxurious lounges across India.
  • Complimentary golf at 20 premier courses in India.
  • Earn 3% cashback at leading fuel stations across India + 2.5%* surcharge waiver at HPCL fuel stations.
  • Up to 10,000 cashback on travel.

 
HDFC Bank Diner’s Premium Credit Card
  • 1st year Rs. 2,500.
  • 2nd year onwards Rs. 2,500.
  • APR – 39% per annum.
  • Five complimentary accesses to 500+ lounges worldwide in a calendar year.
  • Access unique, luxury-stay experiences with Small Luxury Hotels of the World with special offers from the Taj Group of Hotels.
 Get air accident cover up to 1 crore, overseas emergency hospitalisation cover of Rs. 25 lakh, and Rs. 50,000 Travel Insurance on baggage delay / loss.
HDFC Bank All Miles Credit Card
  • No joining fee
  • Lifetime Free
  • Redeem your reward points across major airlines as available on dedicated all miles.
  • 4 complimentary airport lounge visits.
  • Double reward points on all spends on dedicated all miles website.
  • Rs. 250 cashback subject to first transaction of Rs. 1,000 in first 45 days from card setup date.
  • 5X Reward Points (RP) for first 3 months from card setup date.
Jet Airways Voyage American Express Card® from IndusInd Bank

 

 

 
  • 1st year – Rs. 0.
  • 2nd year onwards Rs. 2,000.
  • APR – 46% per annum.

 
  • Get 2,500 points and one free Jet Airways ticket as annual benefits from the second year.
  • 2500 miles and one free Jet Airways ticket as annual benefits from the second year.
  • Offers on movies, dining and more.

 

 

 2x rewards during weekends.

 
Kotak Bank PVR Platinum Credit Card

 
  • 1st year – 999
  • 2nd year onwards – Rs. 999
  • APR – 40.8% per annum

 
  • Get 2 PVR cinema tickets every month when you spend Rs. 7,500 and above in a monthly billing cycle.
  • Use the ticket to book any day and any show across PVR cinemas.

 

 As a special introductory offer, get 1 additional free PVR movie ticket every month when you spend Rs. 750 and above at PVR Cinemas within the same billing cycle.
IndusInd Bank Chelsea FC Credit Card

 
  • 1st year – Rs. 1,099
  • 2nd year onwards – 0
  • APR – 46% per annum

 
  • 10% discount on shopping for authentic Chelsea FC merchandise on their online megastore.
  • Fuel surcharge waiver at all fuel stations across India.
  • Access to Premium Concierge services.

 
  • Comprehensive assurance program, that covers any unauthorised transactions and counterfeit transactions on your Credit Card.
  • Total Protect covers you for unauthorised transactions and counterfeit fraud.

 
Axis Bank My Zone Credit Card

 
  • 1st year – 0
  • 2nd year onwards – 0
  • APR – 46.78% per annum

 
  • 25% Cashback on movie ticket bookings.
  • Complimentary lounge access.
  • Fuel surcharge waiver.

 

 Earn 100 points on your first online transaction.

 
Citi Rewards Card

 
  • 1st Year – Rs. 1,000
  • 2nd year onwards – Rs. 1,000
  • APR – 39% per annum
  • 10x Reward Points on spends at apparel & department stores.
  • Redeem rewards instantly across select stores.

 

 

 Value added services – Loans and easy payment options.

 

 Ready to pick the perfect Credit Card?

Additional Reading: Tips To Get Your Loan And Credit Card Application Accepted

Making a pick shouldn’t be hard now. Just see which benefits match your lifestyle the most and go ahead with the application.

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