Updated on - 01 October 2024
You must choose the credit card that best meets your needs because everyone has different goals when it comes to credit cards. Some credit cards work better for online bill payments and others for finding great deals.
Our article has listed below some of the best credit cards in India to assist you in making an informed decision.
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As reported by Mint on 12 September 2024, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Standard Chartered Bank, and IDBI Bank offer the best credit cards. In this article, we cover most of the top credit cards as of 2024.
Also Read: Best CashBack Credit Card in India
The most budget-friendly credit cards are those that are listed below:
Name of Credit Card and Bank | Joining Fee | Annual Fee |
---|---|---|
IDFC First Millennia Credit Card | Nil | Nil |
ICICI Rubyx Credit Card | ₹3,000 + GST | ₹2,000 + GST |
Yes First Reserv Card | ₹1,999+ Taxes | ₹1,999+ Taxes |
HDFC Regalia Card | ₹2500 + Taxes | ₹2500 + Taxes |
FIRST Wealth Credit Card | Nil | Nil |
HDFC Infinia Card | ₹12,500 + Taxes | ₹12,500 + Taxes |
SBI SimplySAVE Credit Card | ₹499 | ₹499 |
Axis Flipkart credit card | ₹500 + Taxes | ₹500 + Taxes |
ICICI Emeralde Credit Card | ₹ 12,499 | ₹ 12,499 |
Axis Bank ACE Credit Card | ₹ 499 | ₹ 499 |
The IDFC First Millenia Credit Card has low charges and high benefits. Interest rates start from 9% p.a. and you can avail interest-free cash withdrawals up to 48 days. You must have a minimum yearly income of Rs.3 Lakh to be eligible for this card.
Also Read: Best Lifetime Free Credit Cards in India
Suitable for: People looking for high reward points, low interest rates, and online as well as offline shoppers.
Joining Fee | Nil |
Annual Fee | Nil |
Other Benefits & Features |
|
The ICICI Rubyx Credit Card is attractive if you enjoy unlimited rewards and offers. To be eligible, your minimum monthly salary should be ₹50,000. If you are self-employed, your annual income should be more than ₹5.10 Lakhs.
Suitable for: People who enjoy golf, dining out, and discounts on movie tickets.
Joining Fee | ₹3,000 + GST |
Annual Fee | ₹2,000 + GST |
Other Benefits & Features |
|
Previously known as the Yes First Exclusive Credit Card, the Yes First Reserv Credit Card charges only 2.99% on revolving credit. It offers air miles and instant EMI options for your purchases.
The eligibility criteria require you to be an Indian citizen, within 21-60 years old, and have a net income of ₹2 Lakh per month.
Suitable for: People who shop online often and are frequent fliers.
Joining Fee | ₹1,999+ Taxes |
Annual Fee | ₹1,999+ Taxes |
Other Benefits & Features |
|
The HDFC Regalia Gold Credit Cardcan get you 5 times reward points to shop from certain brands. To be eligible for this card, you must be an Indian citizen and above the age of 21.
If you are salaried, your monthly income should be more than ₹1 Lakh and you should be within 60. If you are self-employed, your ITR should be more than ₹12 Lakh p.a., and your age should be within 65.
Suitable for: People who are heavy shoppers, especially from Marks & Spencer, Myntra, Nykaa & Reliance Digital.
Joining Fee | ₹2500 + Taxes |
Annual Fee | ₹2500 + Taxes |
Other Benefits & Features |
|
The FIRST Wealth Credit Card is a lifetime free card. In this case, the joining bonus is not applicable for card upgrades and add-on users. The eligibility criteria is having an income of over ₹36 Lakh.
Suitable for: Beginners looking for a luxurious card at affordable maintenance charges.
Joining Fee | Nil |
Annual Fee | Nil |
Other Benefits & Features |
|
The HDFC Infinia Credit Card is a metal card that offers complimentary Club Mariott membership and nights & buffets in select ITC hotels. Membership of this card is by invitation only.
Suitable for: Pro credit card users who want a luxurious-looking card as well as luxury services.
Joining Fee | ₹12,500 + Taxes |
Annual Fee | ₹12,500 + Taxes |
Other Benefits & Features |
|
The SBI SimplySAVE Credit Card offers reward points for every purchase, wherein each reward point is equal to ₹0.25. You can get your annual fee waived off from the second year onwards if you spend more than ₹8,334 per month for 1 year.
Suitable for: Beginners who want an affordable card with low maintenance fees.
Joining Fee | ₹499 |
Annual Fee | ₹499 |
Other Benefits & Features |
|
The Flipkart Axis Bank Credit Card offers attractive welcome benefits and cashback on every spend. You can enjoy dining offers and complimentary lounge visits.
Suitable for: Beginners who are looking for an affordable card with ample benefits. It will also be good for the people who shop extensively on Flipkart.
Joining Fee | ₹500 + Taxes |
Annual Fee | ₹500 + Taxes |
Other Benefits & Features |
|
The ICICI Emeralde Credit Card is a premium metal card. This card is invite-only and has attractive reward points. You can redeem your reward points both through internet banking and the iMobile Pay app.
Suitable for: People who enjoy a luxurious lifestyle and are looking for a premium card.
Joining Fee | ₹ 12,499 |
Annual Fee | ₹ 12,499 |
Other Benefits & Features |
|
ICICI Emeralde is a super premium credit card and is invite-only. The holder must earn ₹ 2,50,000 or above as net monthly salary income or have an annual Income Tax Returns filed
Of ₹ 30,00,000 or above.
The Axis Bank ACE Credit Card offers cashback on every spend. All Indian citizens between the age of 18 and 70 can apply for this card. With this card, you can enjoy discounts on dining and also easily convert your purchases to easy EMIs.
Suitable for: People who want a card with a low joining and annual fee and good cashback offers.
Joining Fee |
₹ 499 |
Annual Fee |
₹ 499 |
Other Benefits & Features |
|
Travel credit cards are a unique kind of credit card that provides a variety of benefits, including reward points and loyalty programs, as well as travel memberships, hotel vouchers, and welcome bonuses.
Here are a few of India’s best travel credit cards in India:
Name of Credit Card and Bank | Joining Fee | Annual Fee |
---|---|---|
IDFC Wow Credit Card | ₹199 + GST | ₹199 + GST (Second year onwards) |
HDFC Bank Diners Club Miles Credit Card | ₹1,000 + Taxes | ₹1,000 |
YES Bank Premia Credit Card | ₹999 + Taxes | ₹999 + Taxes |
Club Vistara SBI Card | ₹1,499 + taxes | ₹1,499 + taxes |
SBI Platinum Card for IRCTC | ₹500 + Taxes (One Time) | ₹300 |
The IDFC Wow Credit Card is a premium secured credit card. You don’t need to submit any income proof to qualify for this credit card. You can get high credit limits, up to 100% of your FD amount.
Additionally, you can also get a 7.50% interest on the FD you keep.
Suitable for: People with low credit scores or no credit history.
Joining Fee |
₹199 + GST |
Annual Fee |
₹199 + GST (Second year onwards) |
Other Benefits & Features |
|
The HDFC Bank Diners Club Miles Credit Card has a range of travel, lounge, and dining benefits. 1 reward point is equivalent to 1.00 AirMile. Please note that HDFC is not issuing this card currently, but old cardholders can enjoy the benefits as usual.
Suitable for: Travel enthusiasts on a budget.
Joining Fee |
₹1,000 + Taxes |
Annual Fee |
₹1,000 |
Other Benefits & Features |
|
The YES Bank Premia Credit Card gives rewards on movie tickets, airline tickets, and hotel bookings. To be eligible for this credit card, you need to be within 21 to 60 years. If you are salaried, your minimum monthly income should be ₹1,20,000. Your IT return should be ₹14.4 Lakh or more if you are self-employed.
Suitable for: Travel enthusiasts looking for a card within ₹1,000.
Joining Fee |
₹999 + Taxes |
Annual Fee |
₹999 + Taxes |
Other Benefits & Features |
|
The Club Vistara SBI Card offers great rewards on travel and fuel. You get 1 economy ticket as a gift when you pay the annual fee. This card can be used for contactless payments and can be used globally.
Suitable for: People looking for a medium-range card with great benefits and rewards.
Joining Fee |
₹1,499 + taxes |
Annual Fee |
₹1,499 + taxes |
Other Benefits & Features |
|
The SBI Platinum Card is one of the most affordable credit cards for travel enthusiasts. You get great offers on railway tickets and complimentary railway lounge access as well. You can also transfer the outstanding balance of other credit cards to this card.
Suitable for: Train travel enthusiasts who want a super-affordable credit card.
Joining Fee |
₹500 + Taxes (One Time) |
Annual Fee |
₹300 |
Other Benefits & Features |
|
Are you searching for a premium credit card in India? You have come to the right place. You can find everything from cashback to lounge access, complimentary hotel stays, and business class tickets with these cards.
Name of Credit Card and Bank | Joining Fee | Annual Fee |
---|---|---|
HDFC Bank Diners Club Black Credit Card | ₹10,000 + GST | ₹10,000 + GST |
ICICI Bank Sapphiro | ₹6,500 + GST | ₹3,500 + GST |
SBI Card ELITE credit card | ₹4,999 + Taxes | ₹4,999 + Taxes |
Axis Bank Magnus Credit Card | ₹12,500 + GST | ₹12,500 + Taxes |
The HDFC Bank Diners Club Black Credit Card is a premium metal edition card. Salaried individuals between the ages of 21 and 60, and a minimum monthly income of ₹1.710 Lakhs are eligible for this card.
If you are self-employed, you need to be between 21 and 65 years of age and have an ITR of a minimum ₹21 Lakh per year.
Suitable for: People who travel extensively and are global citizens!
Joining Fee |
₹10,000 + GST |
Annual Fee |
₹10,000 + GST |
Other Benefits & Features |
|
The ICICI Bank SapphiroCredit Card is a great card for you if you enjoy fine privileges. Get complimentary airport lounge access and golf passes. All this at just 3.40% per month or 40.80% per annum.
Suitable for: People who want offers across travel, dining, golf, etc.
Joining Fee |
₹6,500 + GST |
Annual Fee |
₹3,500 + GST |
Other Benefits & Features |
|
The SBI Card ELITE Credit Card can be availed in Visa, Mastercard, and American Express varieties. All of these have special privileges and offers, each better than the other. You get Club Vistara and Trident Privilege memberships for each.
Suitable for: People looking for both international and domestic complimentary airport lounge visits.
Joining Fee |
₹4,999 + Taxes |
Annual Fee |
₹4,999 + Taxes |
Other Benefits & Features |
|
The Axis Bank Magnus Credit Card is made for a luxurious lifestyle. You are eligible for this card if you are an Indian citizen, your age is between 18 and 70, and you have a minimum annual income of ₹24 Lakh.
Please note that the 24X7 concierge service has been discontinued from 20th April 2024.
Suitable for: People looking for a high-end card with offers across travel, stay, movies, dining, health, wellness, etc.
Joining Fee |
₹12,500 + GST |
Annual Fee |
₹12,500 + Taxes |
Other Benefits & Features |
|
Reward credit cards are perfect for people looking to save money and get some rewards. These cards are simple yet effective in offering the kind of benefits that customers like. Here are a few of the best reward credit cards in India.
Name of Credit Card and Bank | Joining Fee | Annual Fee |
---|---|---|
SBI Card PRIME | ₹2,999 | ₹2,999 |
HDFC Bank Diners Club Black Card | ₹10,000 + Taxes | Nil |
IDFC FIRST Select Credit Card | Nil | Nil |
Bank of Baroda Premier Credit Card | ₹1000 + Taxes | ₹1000 + Taxes |
Tata Neu Infinity HDFC Bank Credit Card | ₹1,499 + Taxes | ₹1,499 + Taxes |
The SBI Card PRIME can be availed in Visa, Mastercard, and American Express varieties. All of these have special privileges and offers, each better than the other. You get milestone and birthday benefits, Club Vistara and Trident Privilege memberships for each.
Suitable for: People who want a budget credit card with multiple benefits.
Joining Fee |
₹2,999 |
Annual Fee |
₹2,999 |
Other Benefits & Features |
|
A premium metal edition card, the HDFC Bank Diners Club Black Credit Card is one of a kind. It’s not only great for travel enthusiasts but also for people who enjoy offers across other categories like shopping, entertainment, etc.
Suitable for: People who travel extensively and are global citizens! A great card for people looking for a mid-range credit card with attractive benefits.
Joining Fee |
₹10,000 + Taxes |
Annual Fee |
₹10,000 + Taxes |
Other Benefits & Features |
|
The IDFC FIRST Select Credit Card is a lifetime-free credit card that is available in Visa and Mastercard varieties. This card has low forex markups and interest rates from just 9.00% to 43.80% per annum.
Suitable for: People looking for a free card with airport lounge access, free movie tickets, offers on brands, and much more!
Joining Fee |
Nil |
Annual Fee |
Nil |
Other Benefits & Features |
|
The Bank of Baroda Premier Credit Card is an affordable card for someone with varied interests. You can get travel, dining, and shopping benefits with this card.
Suitable for: People looking for an affordable credit card with attractive benefits.
Joining Fee |
₹1000 + Taxes |
Annual Fee |
₹1000 + Taxes |
Other Benefits & Features |
|
The Tata Neu Infinity HDFC Bank Credit Card is an affordable and attractive card by HDFC. You can redeem the reward points from this card on the Tata Neu website or brands like Air India Express, Croma, Westside, Titan, Tanishq, etc.
To be eligible as a salaried individual, your age must be between 21 and 60 years, and your monthly income must be a minimum of ₹1 Lakh. If you are self-employed, your age must be between 21 and 65, and your annual ITR must be a minimum of ₹12 Lakh.
Suitable for: People looking for a card that gives reward points that can be redeemed while shopping for major brands.
Joining Fee |
₹1,499 + Taxes |
Annual Fee |
₹1,499 + Taxes |
Other Benefits & Features |
|
With so many credit card options available today, it can be challenging to choose the right card for your needs. Here are some tips on picking the right card for you -
Consider why you want to apply for a credit card and what you will use it for.
Compare various credit cards based on interest rates, reward points, etc. Many websites have sections where you can compare credit cards to make an informed decision.
Pay close attention to the fees and charges related to credit cards.
Consider the credit score requirements to qualify for your chosen credit card and if you qualify.
Take the annual income required and if you are eligible based on that.
It is difficult to determine which bank credit card is best overall because most of them in India provide the best credit card offers and comparable benefits with minor variations and additional costs.
This article attempts to identify some of the top credit cards in India that provide cashback, incentives, fuel-related perks, and travel-related benefits. You can compare each of these credit cards to choose the one that best suits your needs and take advantage of its advantages.
Please note: Eligibility, fees, charges, and rewards are mentioned as of 5th July 2024, and can be revised by the respective banks without any notice. Please check with the bank before applying for a credit card.
The best premium credit card in India is HDFC Regalia Card based on the rewards and benefits offered.
HDFC Money-Back Credit Card
Indian Oil HDFC Bank Credit Card
ICICI Bank HPCL Coral Credit Card
Kotak Royale Signature credit card
SBI BPCL Octane Credit Card
HDFC Bharat Credit Card
ICICI Amazon Pay Credit Card
Axis Bank Flipkart Credit Card
RBL Titanium Delight Credit Card
SimplySave SBI Card
ICICI Bank Credit Card are some of the best, providing the best offers and benefits while also being economical.
When you apply for a credit card, there is an application fee, an annual fee, a late fee, a fee for cash withdrawals, and a few other fees.
Access to credit cards is relatively easy and simple.
With credit cards, interest-free periods are offered.
Some of them give you the best credit card offers and cashback.
Air India SBI Signature Credit Card
Kotak Indigo XL Credit Card
Axis Bank Vistara Infinite Credit Card
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