Which Type of Credit Card is Best in India?

Which Type of Credit Card is Best in India?

A credit card is a simple plastic instrument that becomes your good friend when you don’t have any cash left in your wallet. The use of a credit card becomes more and more important when cash in hand and cash in the bank lose their meaning. Today, consumers can choose from several different types of credit cards in India. 

The needs of individuals can vary depending on what type of credit card they select. If you are like most people, you would love to earn generous cashback on all of your purchases or save as much money on your fuel expenses as possible. However, there are several credit card features that you should consider when applying for a credit card. With this list of the best credit cards in India, you will find that each caters to one or more popular interests, such as cashback, online shopping, travel, and lifestyle, to find the perfect credit card for you.

Listed below are some of the best credit cards available in India

Bajaj Finserv RBL Bank Credit Card

This all-in-one SuperCard from Bajaj Finserv, in partnership with RBL Bank, combines credit, debit, loan, and EMI card features. This card can be easily applied for online. The annual price is between Rs. 499 and Rs. 999 plus GST. If you spend more than Rs. 50,000 in a year, the price for the following year is waived. This SuperCard is jam-packed with valuable benefits, including interest-free cash withdrawals, 5% cashback at partner retailers, a reward points system, access to the airport lounge, complimentary cinema tickets, and more.

HDFC Diners Black Credit Card

It is one of the best credit cards in India if you are a frequent traveler. You can enjoy unrestricted access to airport lounges while traveling worldwide with the Diners Club Black ultra-premium credit card from HDFC bank. Credit cardholders can access over 700 lounges across India and throughout the world without purchasing a priority pass.

ICICI Instant Platinum Card

ICICI Bank offers the Platinum Instant Card to all its new customers. Using this card regularly will ensure that regardless of your credit score or history, you will be able to create a new credit history. To obtain this card, you will need to make a fixed deposit at your bank. You will also need existing savings account to obtain this card. For this reason, the ICICI Instant Platinum Card is used by people who don’t have a salary, such as students and homemakers, as perhaps one of the best credit cards in India with cashback rewards.

American Express Platinum Travel 

There are many reasons why the Amex Platinum Travel credit card is among the best credit cards in India since it provides complimentary lounge access and several travel gift certificates as a perk. In addition to that, you will be able to visit four lounges for free per year.

Bajaj Finserv RBL Bank Travel Easy Credit Card

This is one of the finest credit cards in India for frequent travellers, as it provides specific travel-related incentives. If you travel frequently and do not like to sacrifice your comforts, this could be a fantastic option. The card’s annual and joining fees are both Rs. 999 + GST, the lowest of any travel credit card.

SBI simply click credit card

It is easy and hassle-free to apply for the SBI simply click credit card. Those who shop frequently and prefer not to pay an annual fee may find it an excellent option. One has to pay a minimal fee on this card, but the fee can be refunded if one spends over 1 lakh on this card.

Final Thoughts

To apply for one of these above-mentioned credit cards in India, you need to identify which of them suits you the most. Credit card eligibility requirements and credit card features vary substantially from issuer to issuer and variants of a single issuer’s credit card offering. In terms of age, income source, city of residence, credit score, etc., the basic characteristics of credit cards remain the same, but the biggest difference is the minimum income requirement. 


Rachel Morris