Angela M.Best Credit Card In India: Selecting a credit card suitable for your spending style and lifestyle is the only way to reap the advantages of using credit cards entirely. However, choosing one credit card among the many available choices could be challenging.
To simplify things, we’ve compiled a list of the best credit cards public in India from various card issuers and top cards in multiple categories, including rewards, cashback, rewards, and cards with premium credit card features. These categories include shopping, travel, fuel, and reward cards.
Best Credit Card In India
Numerous credit cards in India provide tempting advantages, including reward programs, cashback, gasoline savings, insurance advantages, travel advantages, etc. You may get the most out of your credit card if you choose it carefully, depending on your lifestyle needs. (premium credit cards) The top 10 credit cards in India according to various categories and criteria are covered in detail below. This will help you select the ideal credit card to improve your lifestyle and save money.
List Of Best Credit Cards In India 2022
Here are the top credit cards that provide excellent cashback on online purchases from a few specific companies and all other online purchases.
1:- Axis Bank Ace Credit Card
Joining Fee: Rs.499
Annual Fee: Rs.499
Welcome Benefits: N/A
Rewards Rate: 5% cashback on bill payments and mobile recharges made through GPay, 4% cashback on Swiggy, Ola7, and Zomato, and 2% cashback on all other purchases.
Axis Bank Ace Credit Card is a fantastic choice for first-time cardholders seeking a high cashback rate at a low annual fee. In addition to additional advantages like access to airport lounges and dining discounts, the card offers up to 5% cashback on bill payments and online meal delivery. The fact that there is no limit on how much cashback you may earn with this card is its most vital feature.
Why we choose it:
The most excellent feature of this card is that there is no upper or lower limit on the cash back it offers when using Google Pay to pay bills. When using Google Pay, you also receive a scratch-off card with the chance to win more money. Ola, Zomato, and Swiggy all offer 4% cash back with no cap, while all other purchases you make with this card get 2% cash back.
The yearly credit card cost is relatively affordable compared to the features offered. The Standard Chartered Super Value Card, which is somewhat more expensive than this card and has a double-sided cap, is the only card comparable to it. Ace offers you more significant value than you would expect to pay.
Pros
On payments for bills like electricity, gas, DTH, mobile recharges, etc., 5% cashback is offered. Cashbacks are not limited to any amount.20% off at restaurants that partner.Free access to the loungeNo gasoline charge
Cons
To receive welcome cashback, one must spend INR 10,000 within the first 90 days.EMI interest rates vary depending on the circumstances.
2:- Flipkart Axis Bank Credit Card
Flipkart Axis Bank Credit Card
Joining Fee: Rs.500
Annual Fee: Rs.500
Welcome Benefits: Welcome benefits of up to Rs. 1,100 on card issuance, up to Rs. 500 in Flipkart vouchers, 15% cashback up to Rs. 500 on your first Myntra transaction, and up to 50% off of your first Swiggy transaction are also available.
Rewards Rate: 4% cashback on preferred partners (Swiggy, Uber, PVR, and cure. fit), 5% cashback on Flipkart and Myntra, and 1.5% cash back on all other purchases.
Another entry-level credit card with an excellent cashback rate for online shopping is the Flipkart Axis Bank Credit Card. The card offers benefits from renowned companies like Flipkart, Myntra, and other chosen partners (Uber, PVR, Tata SKY, Swiggy, etc.). The card performs more like a cashback credit card while being a co-branded card.
Why we choose it:
This card includes many pleasant benefits, and by using these alone, you can recover your card premium. Technically, there are a few differences between this card and the Axis Bank ACE Card; the difference is in the number of welcome incentives. Also excellent is a 20% dining discount. Infinite cash back is the most attractive feature.
Pros
This card makes a variety of pleasant, bright welcome advantages accessible.20% off food from affiliated restaurants.Reduction of fuel surcharge fees is available.In India, there are four airport lounge visits every year.
Cons
The annual fee remission amount is a little expensive.1.5% cash back on partners besides them is not much.Some of the appreciated advantages might be viewed as unimportant.
3:- SBI SimplyClick Credit Card
SBI SimplyClick Credit Card
Annual Fee: Rs. 500
Welcome Benefits: After paying the annual fees, you’ll receive a 500 rupee Amazon e-voucher as part of the welcome package.
Rewards Rate: For every Rs. 100 spent offline, one reward point is received (the reward rate is 0.25%); for online purchases made at partner merchants, RPs are multiplied by ten (Amazon, BookMyShow, Apollo24x7, etc.) (5X RPs on additional online purchases; reward rate: 1.25%); reward rate: 2.5%)
One of SBI’s top entry-level credit cards, the SBI SimplyCLICK Credit Card has a low annual membership cost of Rs. 499 and provides a high reward percentage at partner e-commerce sites like Amazon, Cleartrip, BookMyShow, Lenskart, UrbanClap, etc.
Why we choose it:
Compared to other cards in the same category, a simply-click Credit Card is a cost-effective primary point-based credit card for online shopping. Users interested in saving money and earning rewards points for online shopping will find it most useful. This card covers all well-known online retailers, and the reward points for shopping are especially beneficial.
Pros
You receive points worth INR 2.50 for every INR 100 you spend when you shop online with its partners.For every INR 100 spent on any online purchase, you can earn payback points worth INR 1.50.You receive a 500 INR Amazon voucher when you sign up, covering the charge.You can pay a lower interest rate and transfer unpaid balances from other cards.
Cons
Because one receives payback points worth 0.25 paisa, repayment is not focused on offline purchases.Reward Points shall not be accrued for e-wallet loading transactions made on any partner brand website or app listed in MCCs 6540 and 6541 (using best efforts).
4:- Amazon Pay ICICI Credit Card
Joining Fee: Nil
Annual Fee: Nil
Welcome Benefits: First Amazon Pay Balance bonus (Rs. 300 to Rs. 600)
Rewards Rate: 5% cash back for Amazon prime and 3% for non-Prime members on Amazon purchases, 2% cashback on partner products, and 1% cash back on all other payments except gasoline purchases.
Since you may receive up to 5% cash back on purchases made on Amazon, the Amazon Pay ICICI bank credit card is the most excellent cashback credit card for Amazon fans. The fact that this card has no annual fee and a respectable reward % is its most vital feature. Additionally, since Amazon is a top e-commerce destination for all shopping requirements, this card is strongly advised for regular purchases.
Why we choose it:
In addition to these reward perks, the bank’s Culinary Treats Program offers dining benefits with a minimum 15% discount at partner restaurants.
Pros
There are no joining or yearly fees.It provides Amazon Prime subscribers with premium benefits and rewards.All Indian gas stations offer a 1% full refund to customers.
Cons
5:- HDFC Millennia Credit Card
HDFC Millennia Credit Card
Joining Fee: Rs. 1000
Annual Fee: Rs. 1000
Welcome Benefits: One 1,000 CashPoints as a welcome bonus.
Rewards Rate:- 1% cashback (as CashPoints) on all other purchases and 5% cashback (as CashPoints) at a chosen group of online partner retailers (except fuel)
If you specifically want an HDFC credit card with a high cashback rate, the HDFC Bank Millennia Credit Card is a fantastic choice. The card provides good value-back on everyday purchases and internet purchases from reputable merchants. This card is a beautiful choice if you frequently use your credit card for online shopping because you can get rid of the annual charge if you use it for more than a lakh in a year.
Why we choose it:
The card now has new features that make it easier to use and give it a fresh appearance. The updated features covered in our study will be on the cards issued in the future. It is distinctive since the bank has worked with some of the most well-known businesses on the market to deliver CashPoints worth 5% of every purchase.
Pros
The 5% CashPoints rate for partner brands is acceptable.Calculating the value of reward points is simple.
Cons
Each billing cycle’s maximum CashPoints amount is INR 1,000.To redeem against a bill, you need 500 CashPoints. A lesser sum cannot be used as payment for the bill.
6:- Citi CashBack Credit Card
Citi CashBack Credit Card
Joining Fee: Rs. 1000
Annual Fee: Rs. 1000
Welcome Benefits: N/a
Rewards Rate: When you pay your phone, movie, and electricity bills, you will receive 5% cashback. When spending in all other categories, you receive 0.5% cashback.
One of the most significant credit cards is the Citi Rewards Credit Card, which gives you expedited reward points for all transactions. The card comes with a welcome bonus of up to 2,500 reward points and has a minimum membership fee of Rs. 1000. For everyday costs, especially clothing purchases, this card is a great option.
Why we choose it:
An entry-level credit card that offers cash back, the Citi Cash Back Card has an annual charge of just Rs. 500. On all purchases made with the Cash Back Card, you receive rewards. Additionally, the card offers accelerated cashback on purchases of cinema tickets and energy bills. Additionally, you receive special savings on travel and food expenses (with specific partner merchants).
Pros
The card gives you 2500 reward points as a welcome bonus.It enables you to gain points or instantly redeem them.You can instantly redeem reward points with this credit card via SMS.With this credit card, you may use the EMI feature to break up large purchases into smaller payments.
Cons
7:- HDFC Regalia Credit Card
HDFC Regalia Credit Card
Joining Fee: Rs. 2500
Welcome Benefits: 2,500 bonus Reward points
Rewards Rate: 4 bonus points are earned for every Rs. 150 spent.
One of India’s most well-liked and ranked credit cards for lifestyle purchases is the HDFC Regalia Credit Card. For financially secure professionals, it should be their preferred card. The card has an annual membership fee of Rs. 2,500 and serves as a stepping stone to the more exclusive and expensive credit cards, many of which are invite-only.
Why we choose it:
Although the annual charge is a bit pricey, you receive 2500 reward points when you pay it. Since each reward point is worth 50 pesos, you can receive half the cost in reward points.
The insurance coverage is crucial; it provides INR 1 crore in case of accidental death in an airplane crash if this credit card was used to purchase the tickets and INR 15 lakh in case you require hospitalization while traveling. This is a great offer.
Pros
Up to INR 15 lakh in insurance coverage for unexpected hospitalization overseasinsurance covers lost cards up to INR 9 lakh12 free admissions to airport lounges outside India and six inside the country are included with Dineout Passport Membership Lounge Visits.The markup on foreign exchange is only 2%.
Cons
Higher net income standardsIf the yearly cost is reduced, the 2500 reward points that come with paying for membership are not awarded.The cardholder’s city may or may not have a Dineout Passport facility.
Check this also: Regalia Credit Card HDFC
8:- SBI SimplySAVE Credit Card
Joining Fee: Rs. 500
Annual Fee: Rs.500
Welcome Benefits: Multiple according to conditions
One of SBI’s most well-known and influential credit cards, it offers premium advantages for everyday purchases at reasonable costs. The card has widespread acceptance at many merchant locations worldwide, allowing for easy bill payment and brilliant EMI conversions.
Why we choose it:
This card is intended to meet the needs of its young clients, who enjoy going out to eat, shopping, and going to the movies frequently. The features of this card are identical to those of SBI’s other card. Click for online purchases. SBI’s merely clicking and SimplySAVE is the best online and offline buying options. It is an easy-to-apply card with a reasonable charge.
Pros
10X Rewards for offline purchases equal 2.5 INR for every 100 INR spent.The most pleasing aspect of this offer is that it may be used with any offline offer.The amount of Reward Points you can earn is unlimited.
Cons
There is only 1 Reward Point for online purchases, which is a minimal number.You must first spend INR 2,000 to receive the welcome Reward Point.
9:- HDFC Diners Club Black Credit Card
HDFC Diners Club Black Credit Card
Joining Fee: Rs. 10,000
Annual Fee: Rs, 10,000
Welcome Benefits: Memberships to MMTDOUBLEBLACK, Zomato Gold, Club Marriott, Times Prime, and Amazon Prime for free for a whole year.
Rewards Rate: Spending on SmartBuy will earn you 5 Reward Points for every Rs. 150 spent and faster Reward Points.
It is the best credit card in India in the super-premium range. The card offers many advantages for shopping, traveling, dining, golf, etc. It provides elite benefits with the highest rewards and the ability to redeem cash back. It also offers sophisticated accessibility for both domestic and foreign use.
Why we choose it:
It is HDFC Bank’s second-most expensive option. Additionally, it has an annual charge of Rs. 10,000 and provides several premium advantages and benefits.
Pros
The membership cost is reversed with Rs. 10,000 and an annual spend of Rs. 5 lakh.It provides the best reward rate among Indian credit card options.In partner brands, it offers 10X reward points.
Cons
For travel and lifestyle items, it works best.
10:- IDFC First Classic CredTit Card
IDFC First Classic Credit Card
Joining Fee: Nil
Welcome Benefits: If you spend Rs. 15,000 or more within the first 90 days, you’ll receive a welcome gift ticket worth Rs. 500.
Rewards Rate: Every rupee 150 spent offline earns 3 reward points, while every rupee 150 spent online earns 6 reward points.
The FIRST Millennia Credit Card from IDFC Bank offers cash back on purchases and emergency credit with no interest for 48 days in India and abroad. The card is cost-free and has no yearly application fees, making it even more alluring.
Why we choose it:
For every Rs. 100 spent on your birthday, you’ll receive 10 Reward points in addition to the 3 Reward Points for physical purchases, 6 Reward Points for online purchases, and 10 Reward Points for any other transactions over Rs. 20,000.
Access to the train lounge is free four times every quarter.
25% off the cost of movie tickets.
Roadside assistance is provided without charge.
Pros
For 48 days, cash withdrawals are interest-free.No yearly charge.No enrollment cost.
Cons
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