Top 20 Best Credit Cards in India | Eligibility, Limit, Reward Points with no Annual Fee

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Best Credit Cards in India

Best credit cards in India: Credit cards can be beneficial for you as they offer cashback, discounts, lounge access, free flights, free hotel stays, or free business class tickets, and a lot more. Usually, people prefer using more than one credit card as no single card fulfills all their needs. So, we researched different credit cards in the market and we have made a list of the best 20 credit cards in India. 

List of 20 Best Credit Cards in India:

SBI Prime Credit Card:

SBI card prime is one of the finest credit cards in India since 2017.  Its annual fee is 2,999 and you can get this card if your monthly income is more than 32,000.

Features:

  • You will get 10 Reward Points per Rs. 100 spent on dining, movies, and groceries.
  • It offers Club Vistara Silver Membership.
  • You can visit 8 domestic lounges and 4 international lounges in a year.
  • You can get milestone vouchers.

Pros:

  • You can earn great rewards across multiple categories.
  • You can enjoy the benefits of a premium card for just Rs. 3,000 per year.

Cons:

  • Unlike most of the cards, it doesn’t offer a free movie ticket every month on the purchase of one ticket.
  • If your credit card spending is below 1lakh per year then it’s not beneficial.

Eligibility:

  • The applicant must be between 18-70 years of age.
  • Both residents and non-residents of India can apply for this credit card.

 

HDFC Regalia Credit Card:

HDFC regalia credit card comes free of cost for the first year which means you don’t have to pay the annual fee for a year.  Its annual fee is 1,000 and the minimum income required is 90,000 per month.

Features:

  •     You’ll get one-year free Zomato membership.
  •     You can get up to 4 reward points per Rs. 150 spend.
  •     It offers priority pass membership.
  •     You can get up to 15% discounts on restaurants.

Pros:

  •     You can get multiple rewards and it’s easy to redeem them.
  •     You can save some money on travel.
  •     The annual fee is only 1,000.

Cons:

  •     You can’t get domestic lounge access on the same day if you are a primary and add on cardmember.

Eligibility:

  •     Only Indian residents can apply for this card.
  •     The applicant must be between 21-65 years of age.

 

American Express Membership Rewards Credit Card:

Amex MRCC is one of the best credit cards from American Express.  Its joining fee is free for a limited period. You can get this card if your monthly income is more than 40,000 and the annual fee is 1000.

Features:

  •     You can get 1 Membership Reward Point per Rs. 50*.
  •     It offers rewards against the 24K & 18K Gold Collection by Amex.
  •     You can get up to a 20% discount at selective restaurants.

Pros:

  •     You can earn a lot of bonus rewards.
  •     You can save up to Rs. 17,200 on Annual Spend of Rs. 4 lakh.
  •     The annual fee is only 1000.

Cons:

  •     You don’t get lounge access.

Eligibility:

  •     Applicant must be a savings/current account holder in an Indian or Multinational Bank.
  •     Only a person above the age of 18 and a permanent resident of India can apply.

 

SBI SimplyCLICK Credit Card:

If you shop mostly online and spend less than 3 lakhs a year using your credit card then this card is ideal for you. Its annual fee is only 499 and you can get this card if your monthly income is more than 20,000.

Features:

  •     You can get up to 5X rewards on online buying.
  •     Get 10X rewards on online shopping with selected partners.
  •     It offers a 1% fuel surcharge waiver for transactions worth Rs. 500 to Rs. 3,000.

Pros:

  •     An ideal option for those who shop online.
  •     Multiple rewards and the annual fee is only 499.
  •     You can Save up to Rs.14541 on an Annual Spend of Rs. 4 Lakh.

Cons:

  •     You’ll have to pay extra money to redeem your reward points.

Eligibility:

  •     The applicant must be between 18-60 years of age.

 

SBI Elite Credit Card:

SBI elite is a premium credit card for high spenders. Its annual fee is 4,999 and you’re eligible for this card if your monthly income is more than 60,000.

Features:

  •     You will get complimentary movie tickets worth Rs. 6,000 per year.
  •     You can get up to 5X rewards on dining, groceries, etc.
  •     It offers Priority Pass Membership.

Pros:

  •     Offers a lot of benefits including travel, shopping, movies.
  •     Ideal for Heavy spenders.

Cons:

  •     The annual fee is high.
  •     Doesn’t offer any cashback.

Eligibility:

  •     Any salaried or self-employed person can get this card.

 

HDFC Diners Club Black Credit Card:

It’s an ideal credit card for travelers. The only drawback is that some places don’t accept Diners cards in India. Its annual fee is 5,000 and you’re eligible for this card if your monthly income is more than 1.75 lakhs.

Features:

  •   You get complimentary Annual Memberships for Zomato Gold, Amazon Prime, Club Marriott.
  •     You can play 6 golf games per quarter at the finest golf courses across the world.
  •     You can earn air miles with every purchase.

Pros:

  •     You can have super-premium benefits that are hardly offered by any other card in India.
  •     The savings value is higher than the annual fee.

Cons:

  •     Doesn’t offer any renewal benefits.

Eligibility:

  •     The applicant must be an Indian citizen between 21-65 years of age.

 

Air India SBI Signature Credit Card:

This credit card gives you access to Air India as well as other star alliance airline partners. Its annual fee is 4,999 and the minimum income required is 60,000 per month.

Features:

  •     You can get Air India Frequent Flyer Program- Flying Returns Membership.
  •     You get 4 Rewards for every Rs. 100 you spend.
  •     It offers lounge access under Priority Pass Membership.

Pros:

  •     Offers co-branded benefits with Air India- free membership accelerated rewards.

Cons:

  •     The annual fee is high.

Eligibility:

  •     The applicant must be between 18-60 years of age.

 

Axis Vistara Infinite Credit Card:

This credit card is the best rewarding credit card in the airline industry. Its annual fee is 10,000 and the minimum income required is 6 lakhs per annum.

Features:

  •     Cardholders can get a free Vistara Business Class ticket and Club Vistara Gold Membership.
  •     You can earn 6 CV points per Rs. 200.
  •     You can earn multiple bonus reward points.

Pros:

  •     Consumers can get free lounge access.
  •     Extra discounts on weekend bookings.

Cons:

  •     The credit limit is low.

Eligibility:

  •     The cardholder must be between 18 to 70 years of age and a resident of India.

 

ICICI Amazon Pay Card:

ICICI Amazon pays a credit card has no annual fee. If you’re an Amazon Prime member then this card is very beneficial for you. It offers 5% cashback for prime members and 3% for non-prime members.

Features:

  •     You can get 15% on selected restaurants.
  •     You also get entitled to a 1% waiver on fuel surcharge across all petrol pumps in India.

Pros:

  •     No joining fee or annual fee.

cons:

  •     You can only use it to buy products from Amazon.

Eligibility:

  •     The cardholder must be between 18 to 60 years of age and a resident of India.

 

Axis Magnus Card:

This credit card gives you a premium traveling experience. You can get cashback at premium hotels and entry into lounges. Its renewal fee is 10,000 and the minimum income required is 18 lakhs per annum.

Features:

  •     It offers Air insurance, purchase protection, lost card liability.
  •     You get offers from BookMyShow and selected restaurants.
  •     You can get unlimited entry at airport lounges.

Pros:

  •     It offers multiple rewards.

Cons:

  •     The annual fee is high.
  •     Doesn’t offer an air miles reward.

Eligibility:

  •     The cardholder must be between 18 to 70 years of age and a resident of India.

 

HDFC Infinia:

It is one of India’s best infinite cards. Its annual fee is 10,000 and the minimum income required is 3.5 lakh per month.

Features:

  •     There is no pre-set spending limit.
  •     You get club Marriott membership and golf privileges.
  •     You get a priority pass membership.

Pros:

  •     It gives multiple rewards.
  •     It offers insurance.

Cons:

  •     High annual fee and no monthly or annual benefits.

Eligibility:

  •     It requires a minimum of 700 CIBIL scores.

 

Standard Chartered Ultimate Credit Card:

Its annual fee is 5,000 and the minimum income required is 2 lakhs per month.

Features:

  •     It offers up to 25% discount on top restaurants in India.
  •     You can get a loan on a credit card.
  •     You can transfer funds to someone else.

Pros:

  •     You can play golf in 20 premium golf courses in India.
  •     You can get cashback from Make My Trip.

Cons:

  •     The annual fee is high.

Eligibility:

  •     The cardholder must be between  21 to 65 years of age and a resident of India.

 

Amex Platinum (Metal) Credit Card:

This is a unique credit card as here you calculate returns based on the benefits you get. Its annual fee is 60,000 and the minimum income required is 25 lakhs per annum.

Features:

  •     You can get access to multiple lounges worldwide.
  •     You can get benefits from hotels and restaurants.
  •     You can get up to a 50% discount from selected restaurants.

Pros:

  •     You can get air insurance.
  •     Offers healthcare discounts.

Cons:

  •     Doesn’t offer trip insurance.
  •     Uber credits are valid only in the USA.

Eligibility:

  •     Applicant must be a savings/current account holder in an Indian or Multinational Bank
  •     Applicant must have a permanent residential address in India and above the age of 18.

ICICI Emerald (Amex):

This card has a low reward rate but offers other benefits. The annual fee is 12,000 and the minimum income required is 3 lakhs per month.

Features:

  •     You can get 1 movie ticket from BookMyShow.
  •     You can earn payback points.
  •     You can get insurance benefits and dining offers.

Pros:

  •     You can get unlimited Domestic and International Lounge Access.
  •     You don’t have to pay an over-limit fee, cash withdrawal fee, or late payment fee.
  •     It offers complimentary Insurance Coverage in case of an air accident, lost baggage, in-transit delays, lost card liability.

Cons:

  •     Doesn’t offer high rewards on general spending.
  •     The annual fee is high.

Eligibility:

  •     Applicant must have a permanent residential address in India and above the age of 18.

 

Citi Prestige Credit Card:

If you have a Citi Gold/private account it will help you get accelerated rewards. The annual fee is 20,000 and the minimum income required is 25 lakhs per annum.

Features:

  •     You can get annual welcome benefits.
  •     Free unlimited lounge access.
  •     You can play 4 free golf rounds at select golf courses.
  •     Multiple rewards program.

Pros:

  •     You can redeem Reward Points against hotel partners.
  •     Reward Points do not expire.
  •     Access to exclusive events and experiences worldwide.
  •     Personal accident insurance.

Cons:

  •     A low value for rewards.
  •     You must book travel through the Citi ThankYou portal.

Eligibility:

  •     The cardholder must be between  23 to 60 years of age and a resident of India.

 

Club Vistara SBI Card Prime:

Its annual fee is 2999 and the minimum income required is not mentioned by the bank.

Features:

  •     You can get 8 complimentary Domestic Airport Lounge Access.
  •     It offers complimentary priority pass membership worth USD 99 for the entire duration of the product and 4 complimentary visits per year.
  •     Complimentary  Standard membership of Priority Pass.

Pros:

  •     Offers insurance.
  •     The annual fee is only 2,999.
  •     You can get 4 CV points on all purchases of 200.

Cons:

  •     You can get rewards if you don’t travel through Vistara.

Eligibility:

  •     The cardholder must be between  23 to 60 years of age and a resident of India.

 

Axis Privilege Credit Card:

You can get this card for free if you’re an Axis Bank Priority customer. Its annual fee is 1,500 and the minimum income required is 6 lakhs per annum.

Features:

  •     Get 3,000 EDGE Reward Points on card renewal.
  •     Offers flight and hotel vouchers on Paytm.
  •     Annual fee waiver on spending Rs. 2.50 Lakh.
  •     You can enter 8 free domestic lounges in a year.

Pros:

  •     Exclusive dining offers.
  •     The annual fee is only 1,500.

Cons:

  •     Doesn’t offer free golf matches.
  •     No green fee waivers.

Eligibility:

  •     Applicant must have a permanent residential address in India and above the age of 18.

Citi Premier Miles Credit Card:

Its annual fee is 3000 and the minimum income required is 25,000 per month.

Features:

  •     If you spend Rs. 1,000 or more in the first 60 days of card activation you’ll get 10,000 miles as a welcome gift.
  •     Multiple rewards.

Pros:

  •     Offers complimentary air travel.
  •     Air mile benefits and the annual fee is only 3,000.

Cons:

  •     No complimentary international lounge visit.

Eligibility:

  •     Applicant must have a permanent residential address in India and above the age of 18.

Indusind Pinnacle:

Its annual fee is 10,000 and the minimum income required is 25,000 per month.

Features:

  • You get 1 complimentary Domestic MasterCard lounge visits per quarter.
  • You can play 2 Golf games and 4 lessons per month.

Pros:

  • Complimentary travel insurance.
  • Multiple rewards.

Cons:

  • The annual fee is high.

Eligibility:

  • Applicant must have a permanent residential address in India and above the age of 18.

Indusind Iconia (Amex):

Its annual fee is 3,500 and the minimum income required is 3.6 lakhs per annum.

Features:

  • Multiple reward points.
  • Free lounge access.

Pros:

  • Annual is only 3,500.
  • Multiple platform benefits.

Cons:

  • No rewards on utility spending.

Eligibility:

  • The cardholder must be between 18 to 70 years of age and a resident of India.

 We’re done! Now, it’s your time to compare every card and choose which one is ideal for your spending and lifestyle pattern. 

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