It is essential to have a credit card in today's time. The benefits of credit card is not only that you don't need to carry cash every where but also when you want to buy something which is beyond your budget at the moment you can opt to carry the transaction through with your credit card and make the payments in installments. It is a convenient method of making payments for shopping. Most important thing is that credit cards are there when you need some emergency cash. Apart from that most credit cards come along with a travel insurance cover , this can help when you are travelling abroad. Many credit card companies have agreement with various hotels, car rental companies and shopping malls so you should go for a card with the maximum discount stores and reward points offered. Moreover credit cards offer attractive cash back incentives every time you use your credit card.

Can we apply for credit card online?

As everything is computerized in todays time .So it is impeccable to apply for credit card on-line. There are various companies offering credit cards like ICICI Bank, HDFC Bank , Axis Bank, SBI and many more banks. All of them provide their customers the facility to apply online .It is easy to apply for credit card on-line by following the steps given . Firstly, open the banks website. Then, select apply on-line option. After that select the type of card you wish to apply for. Finally, click apply button and now scan and upload the documents required. The benefit of applying for credit card on-line is that you do not have to visit bank branch physically and hence, your time and energy gets saved.

Different types of credit cards offered by Top banks

Card Rate of Interest Fee and Charges Joining perks Features and Benefits Eligibility

State Bank of India Credit Cards

  • 3.5% per month
  • First Year fee is upto Rs.4,999
  • Cash advance of up to 80% of credit limit
  • Interest free credit period of up to 50 days
  • You can avail welcome gift worth Rs.5000 and can get upto Rs.20,000 points on joining
  • SBI provides credit cards for everything from individual to corporate needs
  • SBI credit cards come with zero loss liability i.e. if your card is lost then you have zero liability on fraudulent transactions
  • The banks Credit cards are accepted all over the world
  • Cardholders have the option to convert all the purchases into EMIs and with the Easy Bill facility, customers can easily pay their utility bills online
  • SBI allows you to convert the outstanding balances in your card to easy instalments
  • Applicant should be an Indian
  • You should be over 18 years of age to apply for SBI credit cards
  • One should have good credit history with no loan or credit defaulting

HDFC Bank Credit Cards

  • 3.5% per month
  • Upto Rs.10,000
  • Taj Epicure Plus Plan and Inner Circle Gold Membership
  • Complimentary Club Vistara Gold Membership
  • Get one complimentary Jet Airways Ticket for domestic travel on Jet Airways within India
  • You have the provision to avail upto 5,000 bonus JPMiles on the first swipe of your card within 90 days of card setup
  • Facility to avail 5,000 bonus JPMiles on the total retail spends of Rs.75,000 and above
  • Welcome Gift
  • Airport Lounge Access
  • Exclusive Reward Points
  • Enjoy Shopping Benefits
  • Money Back Facility
  • Benefits on Travel Expenses
  • Taj Epicure Plus Membership
  • Travel Concierge Services
  • Complementary Club Vistara Silver membership
  • Emergency Overseas Hospitalization
  • Air Accident Cover of Rs.1 Crore
  • Fuel Surcharge Waiver
  • Safe And Secure Transactions
  • Zero Liability On lost Card
  • Interest Free Credit Card
  • Resolving Credi
  • Utility Bill Payments
  • Exclusive Dining Privileges
  • Special Offers on Movies And Dining
  • Age should be between 21years to 60 years for salaried employees and between 21 years to 65 years for self employed
  • Annual salary must be atleast 2 lakhs for salaried employed and Earning must be atleast 1.5 lakhs for self employed

ICICI Bank Credit Cards

  • 2.49% per month
  • Upto Rs.6000
  • Upon joining you get complimentary set of Sennheiser HD221 Headphones
  • India's first dual platinum credit card
  • Lounge access
  • Complimentary movie tickets
  • Complimentary round of golf
  • Chip and pin security
  • Savings on dining bills
  • Benefits of Ayurveda and other traditional wellness treatments
  • He/she must be an Indian national citizen
  • The applicant must not be younger than 23 years at the time of application.
  • He/she must have a minimum monthly salary of Rs. 20,000.

Axis Bank Credit Cards

  • 3.25% per month
  • Upto Rs.5000
  • Yatra voucher worth Rs. 5000 on joining
  • Myntra and BookMyShow vouchers free on joining
  • One base fare waived economy ticket on joining
  • Travel voucher worth Rs.5000
  • Upto 5000 points on joining
  • Myntra and BookMyShow vouchers free on joining
  • Avail cashback options
  • Provision of higher purchase limits
  • Facility to avail over 500 rewards from Axis Bank's eDGE Loyalty program
  • Get discounts on dining, shopping and e-commerce transactions
  • Exclusive airline vouchers
  • Experience Complementary Lounge access at airports
  • You have the provision to create your own credit card using MyDesign.
  • Enjoy higher security benefits by using Credit cards with embedded EMV chips
  • If you are a primary Card holder then you should be within the age limit of 18 to 70 years
  • Applicant should be an Indian resident
  • To be an add-on card holder one must be above the age of 15 years

Kotak Mahindra Bank Credit Card

  • Upto 3.5% per month
  • Upto Rs.1,999
  • Movie voucher worth Rs.5000 on joining
  • If you loose your credit card and report it to the bank then you get a cover of Rs.50,000 on any fraudulent transactions made with your card
  • Facility to avail add-on cards which will have all the benefits that you enjoy on your credit card
  • Provision to enjoy higher cash limit i.e. 50% of your credit limit available all year round upto 48 days
  • The maximum fuel surcharge waiver on transactions between Rs.500 and Rs.3000 is Rs.3500
  • Applicant should be a resident of India
  • Primary card holder should be between 21 years to 65 years
  • You should have annual income of Rs.3 Lakh and above
  • Only businessmen can apply for this card
  • This is only for selected location like Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi (including Gurgaon and Noida), Hyderabad, Kolkata, Mumbai, Navi Mumbai and Pune

American Express

  • Upto 3.5% per month
  • Upto Rs.3,500 plus applicable taxes
  • Most of the credit cards offered American Express provide welcome gift to their card holders
  • Avail 3% cashback at leading fuel stations across India
  • You can redeem from the fabulous 18 carat and 24 carat gold collection
  • Provision to enjoy benefits on your travel bookings with Make My
  • You have the facility greater flexibility in spending with no pre – set limit
  • Provision to enjoy upto 30% discounts and additional 5% cashback at over 1200 restaurants every time you dine out
  • Applicant should be 18 years of age
  • You should have good credit history and no payment defaults
  • In case of self employed, his company should be trading more than 12 months