Lifetime Free Credit Card in India

A lifetime free credit card does not charge an annual fee. They may charge a fee for extra services such as a hard copy of the itemized bill, or they may have some conditions for receiving the card. But there is no annual or joining fee.

Here are some of the most important lifetime-free credit cards available in India for you to choose from.

Comparison of No Annual Fee Credit Card in India

Discover the best lifetime credit cards in India. Choose a card based on your needs to earn reward points, cashback, a sign-up bonus, and other benefits.

Credit Card

Advantages

RBL Bank BankBazaar SaveMax Credit Card

Credit Advisory Report, reward points

IndusInd Bank Platinum Card

Travel, Golf, Entertainment, Fuel

Axis Insta Easy Credit Card

Shopping, dining

FinBooster: YES BANK - BankBazaar Co-branded Credit Card

Tracking credit score, building credit report and Rewards

YES Prosperity Reward Plus Card

Online shopping, international usage

HSBC Visa Platinum Card

Dining, Shopping, Fuel

YES First Preferred

Travel, Entertainment, Shopping, Dining

Axis MY Zone Easy Credit Card

Travel, Entertainment, Dining, Rewards

YES Premia Credit Card

Travel, Entertainment, Shopping, Dining

YES Prosperity Edge

Online and International spends

Kotak Fortune Gold Credit Card

High cash limit, Fuel, Movie tickets

Best lifetime free credit cards

While many luxury credit cards have an annual fee, there are a variety of cards that offer a wide range of benefits without charging a fee.

You can choose a no-annual-fee credit card if you are a responsible spender and want a credit card with basic but comprehensive benefits. It will reduce your annual card maintenance cards while still providing regular credit card benefits.

The best lifetime free credit cards offered by top banks in India are listed below.

Credit Card

Annual fees

Advantages

HSBC Visa Platinum Card

NIL

Dining, shopping, fuel

FinBooster: YES BANK - BankBazaar Co-branded Credit Card

NIL

Tracking credit score, building credit report & rewards

RBL Bank BankBazaar SaveMax Credit Card

NIL

Credit Advisory Report, reward points

IndusInd Bank Platinum Card

NIL (a joining fee may be applicable, however)

Travel, golf, entertainment, fuel

SBI Card Unnati

NIL (For 1st four years)

Basic

Kotak Fortune Gold Credit Card

NIL

High cash limit, fuel, movie tickets

Bank of Baroda Prime Credit Card

NIL

Cash back on daily spending

RBL Insignia Preferred Banking World Credit Card

NIL

Rewards on shopping and dining

IDFC First Select Credit Card

NIL

Online shopping and credit card offers

Credit Cards with No Annual Fees 2022 - Features and Benefits

FinBooster: YES BANK - BankBazaar Co-branded Credit Card

Key Highlights: The FinBooster: YES Bank - BankBazaar Co-branded Credit Card assists you in establishing a high credit score and good credit behaviour. You receive regular credit fitness reports, which provide you with information about your financial health.

NIL Joining Fee

Fee for Renewal: NIL 

Advantages and features:

You will receive monthly credit fitness reports as well as a real-time dashboard to track your credit score with the FinBooster: YES Bank - BankBazaar Co-branded Credit Card. When you complete your first transaction with the FinBooster: YES Bank - BankBazaar Co-branded Credit Card, you will be granted this access.

Options for reclaiming rewards:

Suitable for: Those who want to improve their credit and gain access to the Credit Fitness Tracker.

RBL Bank BankBazaar SaveMax Credit Card

The RBL Bank BankBazaar SaveMax Credit Card is a free credit card for life that offers a variety of appealing rewards and cashback. The card also includes a free monthly credit advisory on BankBazaar, which will assist you in tracking your spending and monitoring your credit score. The credit card also allows for balance transfers, EMI conversion, and pre-approval loans.

 NIL Joining Fee

Fee for Renewal: NIL

Advantages and features:

Options for reclaiming rewards:

HSBC Visa Platinum Credit Card 

Key Highlights: The HSBC Visa Platinum Credit Card provides benefits in a variety of lifestyle categories such as dining, shopping, and so on.

NIL Joining Fee

Fee for Renewal: NIL

Introductory offers

Advantages and features: 

Options for redeeming reward points: Reward points can be redeemed for a variety of products listed in the rewards catalogue.

Suitable for: People who use their credit cards on a regular basis for dining, shopping, and other day-to-day expenses.

IndusInd Bank Platinum Card

Key Highlights: One of the best lifetime free credit card 2022 is IndusInd Bank Platinum Card provides benefits across various categories including travel, lifestyle, entertainment, etc. Pay the joining fee and enjoy the benefits offered by the card lifetime for free. 

NIL Joining Fee (Only when you applied through BankBazaar.com). For others, it is Rs.3,000. 

Fee for Renewal: NIL

Joining Bonus: Gift voucher from global brands including EazyDiner, MakeMyTrip, Vouchagram, ALDO, Urban Ladder, Jet Airways, Satya Paul and several others.

Advantages and features:

SBI Unnati Credit Card

Key Highlights : The SBI Card Unnati, which is issued against a minimum fixed deposit of Rs.25,000, is ideal for people with no credit history.

NIL Joining Fee

There is no renewal fee. During the first four years 

Advantages and features:

For every Rs.100 spent, you will receive one reward point.

Spend Rs.50,000 per year and receive an Rs.500 cashback.

Waiver of 1% fuel surcharge applicable to transactions between Rs.500 and Rs.3,000

Option for reward redemption: Redeem reward points for a wide range of gifts from the rewards catalogue.

Suitable for: First-time credit card applicants with no credit history. 

Kotak Fortune Gold Credit Card

The Kotak Fortune Gold Credit Card, which is only available to businessmen, provides basic credit card benefits such as fuel discounts and ticket booking.

NIL Joining Fee

Fee for Renewal: NIL

Advantages and features:

Suitable for: People looking for a basic credit card will find this card useful.

Bank of Baroda Prime Credit Card

Key highlights: This Bank of Baroda Prime Credit Card is ideal for those looking for cashback on everyday purchases.

 NIL Joining Fee

Fee for Renewal: NIL

Advantages and features:

Suitable for: People looking for cashback returns.

RBL Insignia Preferred Banking World Credit Card

This RBL Insignia Preferred Banking World Credit Card is ideal for people who want to save money on shopping, dining, and entertainment.

NIL Joining Fee

Fee for Renewal: NIL

Advantages and features:

IDFC First Select Credit Card

IDFC First Select Credit Card offers a high reward with no annual fee.

NIL Joining Fee

Fee for Renewal: NIL

Advantages and features:

Suitable for: Frequent shoppers and travelers.

Conclusion

A lifetime free credit card, as the name implies, has no annual fee, i.e. there are no annual charges on these cards. Many people begin their credit journey with a free credit card because they appear to be the most affordable and risk-free to them. 

Furthermore, a no-annual-fee credit card can help you save money and get more out of your credit card. In terms of the value, you derive from welcome bonuses, additional benefits, and special privileges, having zero annual fee credit cards could be a great prospect. 

Thus, these cards not only help you save money by avoiding the annual fee, but they also help you save a lot on your spending because almost every credit card comes with some sort of rewards/cashback programme that allows you to save every time you make a transaction.

Lifetime Free Credit Card in India Related FAQs

Ans: If you use a lifetime free credit card, there are no hidden fees. The bank is upfront about the fees associated with the card. You only pay for what you use.

Ans: A lifetime free credit card functions in the same way as any other credit card. If you fail to pay your bill on time, the bank will assess a late fee. If you continue to fail to pay your credit card bill on time, the bank will deactivate your card, lowering your credit score.

Ans: There is no application or annual fee for the FinBooster: YES BANK - BankBazaar Co-branded Credit Card.

Ans: You can find lifetime free credit cards offered by banks in India by conducting a simple Google search. You can also contact the bank with which you have an account and inquire about lifetime free credit cards. If you have a good relationship with your bank, they will most likely offer you a free credit card for life.

Ans: Yes, you can use your credit card abroad, but the fees will vary depending on the bank. As a result, check with your lender about the fees that may apply if you use your card abroad.

Ans: Yes, you can withdraw money from ATMs in India using your lifetime credit card.

Ans: You will receive 1,250 reward points as a welcome gift if you spend Rs.5,000 within the first 30 days of receiving the card.

Ans: Some of the best lifetime free credit cards  2022 are - IndusInd Bank Platinum Card, Kotak Fortune Gold Credit Card, HSBC Visa Platinum Card etc. Read the article to see more.

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