Credit Card

Quotes from 11 banks | Best Offers & Rewards

Let’s find the best Credit Card for you!

Professional Details

About Credit Cards

A credit card is a small plastic money issued by a bank which gives the holder an option to purchase goods and services on credit. Many people prefer plastic money over cash just because credit cards come with plenty of unmatched features and privileges.They have become part and parcel of everyone's life because from dining out at restaurants to booking your favourite international flight ticket, you can use your credit card for anything that you like.

Best Credit Cards in India

Credit CardsReward Points & Other OffersFees & Charges
SimplySave SBI Card
  • Spend ₹2000 in first 60 days and get 2000 bonus reward points
  • 10x reward points per ₹100 spend on dining, movies, grocery and departmental stores
  • Spend ₹90,000 or above and get annual fee reversal
  • 1% fuel surcharge waiver for transactions between ₹500-₹3,000 across all petrol pumps
  • One time Annual Fee - ₹499
  • Renewal Fee - ₹499
HDFC Moneyback card
  • On a spend of ₹150, 2 reward points are available
  • Earn 2X reward points on online spends
  • Get a fuel surcharge waiver of upto ₹500 per billing cycle
  • Zero Lost Card Liability post the reporting of card loss
Annual Fee - ₹500
ICICI Instant Platinum Credit Card
  • A minimum 15% savings on dining at over 800 restaurants via Culinary Treats Program
  • A discount of upto ₹100 on upto 2 movie tickets in a month
  • Reward points earned can be redeemed for cash
  • Earn 2 PAYBACK reward points on every ₹100 spend on all purchases excluding fuel
  • Joining Fee & Annual Fee - NIL
  • Supplementary Card Fee - NIL
Standard Chartered Platinum credit card
  • 5x rewards at leading hotels, dining outlets and more
  • Earn 1 reward point for every ₹150 you spend on all other categories
  • Enjoy a host of unrivalled offers on holidays, golfing retreats, movie tickets, dining and more
  • 5x rewards on fuel spends in India
  • Get 5x reward points for every ₹100 spent at hotels
  • Joining Fee - NIL
  • Annual Fee - ₹399 (First Year)
  • Annual Fee - ₹750 (Second Year Onward)
The American Express Gold Card
  • Welcome gift of 4,000 Membership Rewards (MR) Points after first 3 spends in 60 days
  • 1000 Bonus MR Points for using your Card 4 times every month
  • Earn 1 MR point on ₹50 spent on all spends except for spend on Fuel, Insurance, Utilities and Cash Transactions
  • No predefined credit limit (as it is charge card) Up to 20% off at selected restaurants
  • Redeem from 18 carat and 24 carat Gold Collection
  • Earn 5000 MR Points on renewal for second year
  • Joining Fee - ₹1,000+Applicable GST
  • Annual Fee - ₹4,500+Applicable GST
Citibank Cashback Credit Card
  • 5% cashback on all movie ticket purchases
  • 5% cashback on all utility bill payments paid through Citibank online bill pay
  • 5% cashback on all telephone bill payments
  • Cashbacks on above limited to ₹100 per month
  • Up to 15% savings across participating restaurants
  • 0.5% cashback on all other spends
  • Simple redemption policy
  • Get redemption in multiple of ₹500
  • Get your cash back conveniently and automatically as statement credit
  • Multiple repayment options
  • Joining Fee - As Applicable by bank from time to time
  • Annual Fee - ₹500

Benefits of Credit Cards

  • Banks offer a welcome gift to new applicants once the card is issued to them. This gift can be in the form of bonus points, gift vouchers, discounts, etc.
  • All credit cards have a reward program, which allows cardholders to earn reward points on various transactions they make using their cards.
  • Many banks offer fuel surcharge waiver to credit cardholders when they spend specific amount of money on fuel every month.
  • There are certain credit cards that offer cashback benefits to the customers. The amount of cashback depends on the card provider.
  • Cardholders can enjoy various lifestyle benefits on their credit cards. Lifestyle benefits include dining, shopping, golf, wellness, entertainment, etc.
  • Some credit cards offer fantastic travel benefits to the customers, including air miles, airport lounge access, travel insurance, airline offers, hotel offers, etc. Air Miles, JP Miles and others can be redeemed to avail flight tickets and other travel benefits. Example of these cards are Jet Privilege HDFC Bank World, Jet Privilege Platinum etc.
  • Complimentary Airport Lounge access can also be availed by the cardholders. The offer varies from one bank to another. Some banks put a limit on the number of visits, while others allow access only to Indian airport lounges.
  • Many banks allow their credit cardholders to apply for complimentary add-on cards for their immediate family members like mother, father, sister and brother.

Credit Cards Balance Transfer

While using your existing credit card, there can be temptations to transfer the balance to a card offered at a lower interest rate. You can request for credit card balance transfer at the bank branch or give a call to the customer care number of the concerned bank.

How to Choose the Best Credit Card?

When it comes to selecting the best credit card, it is something which is not everyone’s cup of tea. You need to do a through research and should be a keen observer so as to pick the best card. However, there are some important things that you need to always keep in kind while choosing the card which is best for you. Compare different cards on the parameters mentioned below to get the card which is just perfect for you.

  • Fees/Charges
  • Cash backs
  • Rewards
  • Latest Offers on Travel, Dining, Shopping, Entertainment, etc
  • Fuel Surcharge Waiver
  • Accidental Cover
  • Credit Free Period

Credit Card Eligibility

The eligibility criteria for credit cards differs depending on the cards you are applying for and the bank providing it. .

  • You should be atleast 18 years of age to be eligible to apply for a credit card.
  • Most banks offer credit card upto the age of 65 years.
  • If applicant is salaried then annual salary must be atleast 2 lakhs and if self employed, earning must be atleast 1.5 lakhs

Documents required to apply for credit cards

  • You must have at least 1 passport sized photograph.
  • Passport, PAN Card, Ration Card, Adhar Card, Voter's ID Card, Driving License can be submitted as ID Proof
  • Address proof like Passport, Rent Agreement, Telephone Bill, Ration card, Electricity bill, Aadhar card has to be submitted
  • Applicant should possess PAN Card, Form 16 and Income Tax Returns Statement.
  • Recent salary slips / certificate for last 3 months/latest bank statement indicating salary credited for minimum 3 months

How to apply for a credit card?

You can apply for credit card online as well as offline.

  • If you want to apply online, you must login the registration page of bank's credit card and enter the required details. Both existing and new customer can apply for credit cards online.
  • Another way is that you can visit the nearest bank branch to fill the application form, which would ask you to state necessary personal, occupational and income details, etc. Subsequently, you should submit the form at the branch along with photographs and other documents.