Mastercard, Visa, American Express are among the top credit card providers in India that offer a variety of credit cards, with each one having it’s own set of benefits. However, it is important to check these benefits along with all the other charges related to the card before applying. Moreover, selecting the best credit card in India can depend on various factors such as your annual income, the kind of purchases you make, and many other things.
Here is a list of 5 Best credit card in India based on their rewards and features
1. UNI Cards 1/3rd Credit Card
The UNI cards 1/3rd credit card allows you to split your bill into three monthly instalments without having to pay any interest.Assume you have a typical credit card and must pay a bill of INR 60000 on that card. But You pay the minimal sum due of INR 10,000, and the remaining INR 50,000 is carried forward to the following month. As a result, you will be required to pay interest on the sum of INR 50000, which will begin accruing on the following billing cycle date. Now that you have a UNI Card, you still owe INR 60000 on your pending debt. However, you have the option of paying the INR 60000 amount in three equal instalments of INR 20000 over three months. For the next three months, you will not be charged any interest or additional fees on the outstanding balance. Regular credit cards usually provide an interest-free term of up to 50 days. The UNI Cards, on the other hand, provide a 90-day interest-free term. This makes UNI credit card amongst the best credit cards available in India.
2. HDFC Regalia Card
The HDFC Regalia credit card is available at a fee of INR 2500 per year. The card comes with a wide set of benefits like rewarding your expenses more quickly than any other card, along with the discounts that you get on various meals. If you spend INR 8 lakhs, in the first year, you can earn 15,000 reward points. While travelling, this card makes you eligible for priority check-ins and also provides you access to the airport lounge.
3. Amazon Pay ICICI Credit Card
The AmazonPay ICICI Credit Card would be a perfect fit for those who shop online, especially on Amazon. If you have an active Amazon Prime Subscription you are entitled to a 5% cashback. However, if you do not have an active Amazon Prime Subscription you are only entitle to a 3% cashback on Amazon. If you use this card on Amazon Pay at Amazon’s affiliate merchants you will receive a 2% cashback. Any other purchase except these will earn you 1% cashback. You might save upto 15% on your dining bills at over 2500 restaurants throughout India. You are also entitle to a 1% discount on all your fuel purchases. ICICI bank offers this credit card without any joining or annual fee.
4. ICICI PLATINUM CREDIT CARD
Lifetime free credit card offer by ICICI bank that will take care of your everyday expenses. It stands out due to its high number of regular offers in collaboration with companies like Samsung, Flipkart, Tata Cliq, Croma and others. Offering two PAYBACK points for every INR100 spent on any retail purchases except fuel ICICI platinum credit card is definitely one the best credit cards in India. For fuel purchases you get a 1% discount on transactions up to INR4,000 at HPCL pumps. You must have a fix deposit with ICICI bank with a fix amount of INR20000 for a period of 180 days or more in order to be eligible for this credit card.
5. Flipkart Axis Bank Credit Card
An Axis Bank Credit Card that is partner with Flipkart to give you the best deals when you shop online on Flipkart using this credit card. The card is being offere at a joining fee of just INR500 + 18%GST. Axis bank charges an annual fee of INR500 +18%GST which gets waive off if you spend INR2,00,000 annually. The welcome benefits that come along this card are enough to cover the annual fee itself. A Flipkart voucher worth INR500 is offer as a welcome gift with this card and an additional reward in the form of 15% cashback up to INR500 on your first Myntra purchase using this card.
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