BEST CREDIT CARDS IN INDIA FOR 2023
If you’re searching for a credit card to suit your needs, then you’re at the right place. Here are the top picks for you that can ease your search and help you choose the best.
Credit cards are the need of the hour, as they boost cashless transactions and help in purchasing things even if you’re having a financial crunch. It actually provides a kind of short-term loan to meet your needs. Other than this, purchasing a credit card unlocks a number of benefits and rewards for the holder. Keeping all these points in mind, here is a list of the best credit cards for you.
THE BEST PICKS
Axis Bank ACE Credit Card
- Annual fee is INR 499 + taxes. But no annual fee is deducted if you spend INR 10,000 within 45 days of card issuance.
- No waiver on the annual spend of more than 2 lakh.
- 5% cashback on the payments of bills through Google Pay; 4% cashback on Ola, Zomato, Swiggy; 5% cashback on bill payments like, electricity, gas, DTH, mobile recharges etc.; 20% off in more than 4,000 partner restaurants all over the country; 2% cash back on any other payment made through this card. The best thing is that there is no upper limit on these cashbacks.
- In a year four complimentary domestic airport lounge visits at select domestic airports are offered.
- 1% fuel surcharge waiver, a maximum of INR 500 only on transactions between INR 400 and INR 4,000, for all petrol stations across India.
Flipkart Axis Bank Credit Card
- Annual fee is 500 + taxes. But, there is no annual fee on spending INR 200,000 in a year.
- Flipkart vouchers worth INR 500 are availed on first transaction with the Flipkart Axis Bank Credit Card.
- Get 15 months Gaana Plus subscription at discounted price of INR 399.
- 20% off (up to INR 500) on The Phy Life; 20% off (up to INR 500) on Plum Goodness; 20% discount on food from partner restaurants; 15% cashback (up to INR 500) on first purchase on Myntra using Flipkart Axis Bank Credit Card; 5% cashback on Myntra and Flipkart 2GUD; 4% cashback on PVR, Swiggy, Uber, cure.fit; 1.5% cashback on all other transactions.
- Four airport lounge visits in one year to selected airports in India.
- 1% fuel surcharge waiver, a maximum of INR 500 only on transactions between INR 400 and INR 4,000, for all petrol stations across India.
SimplyCLICK SBI Credit Card
- Annual fee is INR 499 + taxes. This fee is reversed on a spend of INR 1 lakh.
- On joining, get the Amazon.in gift card worth INR 500.
- Earn 10X Reward Points on online spends with exclusive partners like Apollo24X7, BookMyShow, Cleartrip, Eazydiner & Netmeds.
- 5X rewards on all other online spends.
- Get e-vouchers worth INR 2,000 on annual online spends of INR 1 lakh and INR 2 lakh.
- Easy Bill Pay facility on SimplyCLICK SBI Card eases the payment of electricity, telephone, mobile, and other utility bills.
- 1% fuel surcharge waiver for each transaction between INR 500 and INR 3,000; up to 100 per statement cycle.
- Availability of add-on cards for family members like parents, spouse, children, or siblings above the age of 18.
- Using Flexipay, purchases of INR 2,500 or more can be converted into easy monthly instalments.
- Access to easy money, as one can get a draft or cheque according to their credit limit at the time of need.
HDFC Millennia Credit Card
- Annual fee is INR 1,000 + taxes.
- Get 1000 CashPoints as a welcome benefit. 1 CashPoint is equal to INR 1. The collected CashPoints can be used to pay the card dues at the end of the billing cycle.
- No renewal charges for the succeeding year after purchase of INR 1 lakh in 12 months.
- Gift vouchers worth INR 1,000 on spends of INR 1,00,000 or above in each calendar quarter.
- 5% cashback on purchases from Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, and Zomato; up to 20% discount on partner restaurants via Swiggy Dineout; 1% cashback on all other expenses.
- Interest free period lasting up to 50 days from the date of purchase of the card.
- Converting spending into EMIs for a tenure of 6 to 24 months.
- Facility of revolving credit available at a nominal interest rate.
- 8 Complimentary Domestic Lounge Access per calendar year.
- 1% fuel surcharge waiver at all fuel stations across India on transactions between INR 400 and INR 500 to the maximum of INR 250 in one billing cycle.
IndusInd Bank Platinum Credit Card
- No annual fees.
- 1.5 Reward Points on every INR 150 purchase using the Indusind Bank Platinum Credit Card.
- Earn up to 2X Reward Points on weekend spending.
- Complimentary golf lessons and games at golf courses across India.
- Buy 1 get 1 free movie ticket on BookMyShow.
- Get exclusive deals on car rentals.
- Get up to 5 complimentary business class tickets.
- Complimentary Club Vistara Gold membership for one year.
- Get access to airport lounges in India and abroad using the complimentary Priority Pass.
- Enjoy the benefits of the Travel Plus Program.
- Complimentary Personal Air Accident insurance cover of up to INR`25 lakh.
- Availability of 5 add-on cards and an additional card for business expenses.
- A waiver of 1% surcharge at any petrol pump across India on transactions between INR 400 to INR 4,000.
CONCLUSION
These credit cards offer a glimpse into the plethora of choices available in the Indian market. Whether you seek travel rewards, lifestyle perks, cashback, or a combination of benefits, the best credit card for you hinges on your spending habits and preferences. Before making a decision, carefully review the terms, annual fees, interest rates, and rewards program to ensure that your chosen card aligns perfectly with your financial aspirations.
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