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Top Ten Credit Cards In India

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Top Ten Credit Cards In India

If we tell you that Credit Cards can save you a ton of money, what would your answer be? You’d probably think we were mad. Many of us open up that monthly Credit Card statement with dread (if we open it at all). But, jokes apart, the right Credit Card could make or break your financial future.

Additional Reading: How To Choose The Best Credit Card For You

The right card could easily work for you rather than against you. But, due to the problem of plenty, we often end up acquiring one that doesn’t quite match our spending habits and lifestyles.

Banks offer a wide variety of Credit Cards and it’s always advisable to choose one that best suits your requirements and expenditure patterns. So, here’s a consolidated list of the top ten Credit Cards that should meet all kinds of requirements and then some. These cards offer the best deals in terms of rewards, joining and annual fees, and cashback points. Let’s explore each one of them.

Best Cashback Cards

Name of the Card Features
 

 

 

 

SBI SimplySAVE Advantage Card

 

 

 

 

 The SBI SimplySave Advantage Card is a leading cashback card which offers exciting benefits:
  • 10 reward points for every Rs. 100 spent on dining, movies, groceries or at departmental stores.
  • You also earn one reward point for every Rs. 100 spent on all other purchases.
  • 2.5% fuel surcharge waiver

Note: This card comes with a minimal joining fee of Rs. 499.

 

 

 

 

HDFC Bank Platinum Edge Credit Card

 

 The HDFC Bank Platinum Edge Credit Card is a premium cashback Credit Card, which offers excellent privileges to those who fly and dine out frequently.

Features include:

  • Two reward points for every Rs. 150 spent on the card.
  • Up to 50% more reward points when you use your Platinum Edge Credit Card when dining out.
  • Fuel surcharge waiver of up to Rs. 250 on every billing cycle if your fuel expense is Rs. 6,000 per month.

Note: The joining and renewal fees for this card are waived off and you get up to 50 days of interest-free credit period from the day you make your first purchase with your card.
 

 

 

 

HDFC MoneyBack Credit Card  

 

 If you are looking to earn cash back reward points for your regular expenses, the HDFC MoneyBack Credit Card is an ideal choice for you as it gives you the following benefits:
  • Earn 4 points on every Rs. 150 spent online on your card.
  • Two reward points on every Rs. 150 spent on other purchases.
  • Get 1,000 reward points on activation through PayZapp.

Note: The joining and renewal fee for this card is Rs. 500. However, if you spend Rs. 10,000 on your card within the first 90 days, your first-year fee will be waived off.

 

Best Lifestyle Privilege Cards

 

 

 

 

ICICI Bank Coral Visa Credit Card

 

 The ICICI Bank Coral Visa Credit Card is a leading Credit Card that offers exclusive and attractive lifestyle privileges. This card is a part of ICICI Bank’s Gemstone Collection. The features include:
  • 2X cash rewards at supermarkets, on grocery shopping and dining.
  • A Provogue tie worth Rs. 999 as a joining gift.
  • Two complimentary movies every month under the ‘Buy One Get One’ offer through BookMyShow.
  • Two complimentary domestic airport lounge visits every quarter.
  • The Culinary Treats program offers a minimum 15% savings on dining bills at over 800 restaurants across India.

Note:  The joining fee of this card is Rs. 1,000 and the annual fee is Rs. 500 from the second year onwards.

 

Best Premium Cards

 

 

 

SBI Advantage Signature Credit Card

 The SBI Advantage Signature Credit Card is known for its value-added offers, which makes it suitable for frequent travellers. The features include:
  • Complimentary Elite Priority Pass program membership and Visa airport lounge access.
  • Complimentary fraud liability cover up to Rs. 1 lakh.
  • Get 5X reward points on departmental and grocery store purchases, as well as on dining and international transactions.

Note: The joining and annual fee of the SBI Signature Card is Rs. 4,999. There is no fee waiver for this card.
 

 

 

SBI Platinum Card

 The SBI Platinum Card is one of the premium cards offered by SBI and is ideal for businessmen. It comes with a host of free gifts and rebates. The major features are:
  • A welcome gift worth Rs. 3,000 on signing up.
  • Free access to over 600 airport lounges through a Priority Pass.
  • Free domestic air ticket (one-way) on annual spends above Rs. 4 lakhs.

Note: The joining and annual fee for the SBI Platinum Card is Rs. 2,999. There is no fee waiver for this card.

 

Best Fuel Credit Cards

 

 

 

IndianOil Citi Platinum Card

 If you use your own vehicle frequently, the Indian Oil Citibank Platinum Card is an ideal choice since it helps you save substantially on fuel costs and gives you other rewards as well. Some of the benefits include:
  • Get up to 71 litres of free fuel per year.
  • Earn 4 points per Rs. 150 spent at select e-stores.
  • Save over 5% on fuel purchase at IndianOil outlets.
  • 0.75% cashback on fuel purchases.

Note: The joining and annual fee of the IndianOil Citi Platinum Card is Rs. 1,000. If you spend Rs. 30,000 on your card in a year, the annual membership fee is waived.

 

Best Airline Credit Cards

 

 

 

HDFC Bank Regalia Credit Card

 The HDFC Bank Regalia Credit Card is one of the best airline Credit Cards around as it offers exciting travel and luxury benefits. The features include:
  • 2 free domestic lounge visits per quarter and 6 free international lounge visits per year.
  • Get 1,000 points and up to Rs. 1,000 cashback on activation through PayZapp.
  • Exclusive dining privileges that offer up to 15% discount at leading five-star hotels.

Note: The HDFC Bank Regalia Credit Card comes with a ffirst-yearfee of Rs. 2,500. The fee is waived off on spending Rs. 40,000 within the first 90 days from card setup.

 

Best Shopping Credit Cards

 

 

 

Citibank Cashback Credit Card

 The Citibank Cashback Credit Card makes your everyday purchases naturally rewarding as it offers you cashback on your daily expenses. This card includes the following features:
  • 5% cash back on your movie ticket bookings, telephone bill payments and other utility bill payments as well.
  • 0.5% cash back on all other spends.
  • 0.75% cash back on fuel purchases.

Note: The Citibank Cash Back Credit Card has a joining and annual fee of Rs. 500. There is no option of waiving the annual fee.
 

 

 

Citibank Rewards Card

 The Citibank Rewards Card is another popular internationally accepted card in this category which offers exciting rewards like:
  • 10X reward points on any purchase at apparel and departmental stores.
  • One reward point per Rs. 125 spent at any other outlet.
  • 1,000 points on spending Rs. 1 lakh every quarter.
  • International validity and rewards redeemable across 700+ stores.

Note: No joining fee is charged if Rs. 30,000 or more is spent on the card during the year (a year from the date of issuance of the card). Otherwise a fee of Rs. 1,000 will be charged at the end of said year.

Smart usage of your Credit Card can work wonders and help you stay financially fit.  Pick one that fits your needs and requirements and you will be sorted. So don’t hesitate. Get one right away!

Additional Reading: 5 Things To Know For First-Time Credit Card Users

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