Top 10 Credit Cards in India
Whenever you and your friends or family think of credit cards, the first thing that clicks in your mind is that everyone has a different motive to avail of these cards. For every individual, they serve different functions.
These cards clear your bills on time, while some people can easily bargain by clicking various websites. After visiting these websites, you can save some money on your monthly budget.
Therefore, to find out which card serves you the best or fulfil most of your work without taking extra hassles, a list of the top 10 credit cards in India, is mentioned below:
1) LIT Credit Card (AU Small Finance Bank)
This bank has recently launched LIT Credit Cards which is a bit different from the rest. Those who have subscribed for this card, they are entitled to get five different kinds of benefits. For those who love to travel and go for tours, they can avail the lounge benefits, where only person is entitled to pay for it. During the festive season, one can get his or her cash back, while shopping. However, such benefits have to be fulfilled within 90 day validity period, at INR ranging from Rs. 49/- to Rs. 499/- per cycle. Only one can get this offer at a time, which is meant for him or her only. One can subscribe or unsubscribe at their convenience. If the card holder do not wish to avail all these benefits, then he can get the basic features which the card would provide. And you do not have to face the annual charges.
2) IDFC First Millennia Credit Card
The First Millennia Credit Card as launched by IDFC Bank provides an offer of cashback on shopping and does not charge any interest on credit for a maximum period of 48 days in India and abroad, when you require this. This card is more or less free of any charges, as well as free from yearly charges or joining rates, which serves you more beneficially. You would receive a voucher of INR Rs. 500/- after having spent INR Rs.15,000/- within a period of 90 days once the card gets activated. You can withdraw your cash without paying any interest on the domestic and international ATMs upto 48 days. A cash advance of INR 250 for every transaction.
3) Axis Bank ACE Credit Card
This card delivers a 5 percent cash back at the time you clear your bills online at Google Pay, and the best thing is that there are no upper or lower limits. You would be provided a scratch card while pay through Google Pay, where you can easily win some money. There is an additional offer of 4 percent cash back without a cap on Ola, Zomato, Swiggy, along with a 2 percent cash back on the other payments through this card. The yearly charges are comparatively lower while considering the facilities available.
4) Flipkart Axis Bank Credit Card
This card welcomes various benefits and you would come to know about it by the fees through these benefits. However, this card is almost similar to the Axis Bank ACE Card technically knowing this through the benefits. You would get a 20 per cent discount on dining, and the best part is that cash back is unlimited.
5) SBI Credit Card
This is one of top credit cards in India, as it can be considered as the base point of credit card for online shopping, which is more economical in comparison to the other cards, which falls in the same category. Being one of the best credit cards in India, it suits the users, who want to do a little bit of savings and win reward points via online shopping. Being one of the top credit cards in India, it covers the best shopping malls and provides good reward points on buying from these sites. At a time, you can register your bills and make sure that the bills are paid on time. But for the beginners, it is not suitable in terms of hidden costs or other related issues.
6) HDFC Millennia Credit Card
There are new features which have been added to one of these top 10 credit cards in India, which makes this card easier to access and increases its getup. The bank has collaborated with some of the top most branches in the market, which offer CashPoints of 5 per cent on spending money while you purchase, which makes it a unique piece. There is a welcome benefit of 1000 CashPoints on paying the yearly fees. If you lose your card by chance, then you have to inform your bank within 24 hours of their call centres, and the bank would not charge you with any penalties for the loss.
7) American Express SmartEarn Credit Card
This cheapest Amex card provides similar features to the best credit cards in India, which have been discussed so far. The card features zero loss card liability within 3 working days. You can purchase goods through monthly instalments at 14 per cent interest per year without any foreclosure charges.
8) HDFC Regalia Credit Card
This card charges a bit more as an annual fee, but grants 2500 reward points on paying the sum. Every reward is equivalent to 50 paise, so that you are able to cover half of your annual payment through these reward points. There is an insurance coverage of INR worth rupees one crore in an air crash provided the card has been used for booking tickets. There is also coverage of INR 15 lakhs, in case of road accidents and you get hospitalized if you are outside India.
9) SBI SimplySAVE Credit Card
SBI launched this SimplySAVE Credit Card in March 2018 to fulfil the requirements of their youths who go for dates, visit various malls, and are movie lovers. The annual charges are moderate and you can easily apply for it. There would be no renewals once you have spent an annual amount of rupees one lakh as an INR. You can get up to 2000 points according to the SBI card account, which is another offer.
10) Axis Bank Buzz Credit Card
This is another one of the best credit cards in India, which would focus on online shopping and rewards in the form of Flipkart vouchers. Those who do lots of marketing through Flipkart can avail of good discounts of up to 10 per cent, as this card provides reward points and also cashback offers. You can avail of Flipkart vouchers of INR 1,000 on buying three times within 45 days of activation
On analyzing the above features given by the banks, the best credit card in India would be selected based on certain criteria the company should not keep any hidden costs and be transparent to the general public. Your hard-earned money should be given equal importance as the companies, which provide good benefits are the listed ones. The credit cards have to be accessible freely by the commoners.
