New List is out: Check out the new list of best credit cards in India for 2021.
Looking for the best credit card in India which can give you maximum benefit in 2020? Or just evaluating your current credit card portfolio and trying to optimize it? Look no further as you have landed upon the correct article.
I have extensively analyzed 100+ credit cards available in India as of today and compiled the list of 18 best credit cards for 2020. While you review this list, keep in mind that there is no one perfect card suitable for all needs. The spending pattern, income range, willingness to pay annual fees etc. varies from person to person and play a vital role in the selection of a credit card. Now without any further delay, let’s look at the credit cards which made it to the list.
- Best Lifestyle Credit Cards
- Best Premium Credit Cards
- Best Super Premium Credit Cards
- FAQs
- Bottomline
Best Lifestyle Credit Cards
Lifestyle cards are general purpose cards suitable for almost all types of spends e.g. dining, shopping, bill payments etc. These cards are approved easily and have low income range criteria.
1. Flipkart Axis Bank Credit Card
Rs. 500 Flipkart voucher as welcome benefit
5% cashback on Flipkart, Myntra & 2GUD
4% cashback on Preferred Partners (MakeMyTrip, Goibibo, Uber, PVR, Curefit and UrbanClap)
1.5% cashbak on others
4 annual complimentary domestic airport lounge access
Not lifetime free
Clunky application process
Flipkart Axis Bank Credit Card is a lifestyle co-branded credit card which provides accelerated cashback on Flipkart, Myntra and preferred partners. The main highlight of this card is default cashback rate of 1.5% with no capping which directly gets credited to the card account in next billing cycle. Another notable feature is complimentary domestic airport lounge access which is uncommon in this category.
- Joining fee: Rs. 500 + GST, Flipkart voucher worth Rs. 500 provided
- Renewal fee: Rs. 500 + GST, waived off on annual spends greater than Rs. 2 Lakhs
- Reward Rate:
- 5% cashback on Flipkart, Myntra and 2GUD
- 4% cashback on Preferred Partners (MakeMyTrip, Goibibo, Uber, PVR, Curefit and UrbanClap)
- 1.5% cashback on all other merchants
- 4 complimentary Domestic Airport Lounge access per year using Mastercard India Lounge Program
2. American Express Membership Rewards Credit Card
Welcome and renewal benefits
Bonus monthly reward points
Reward rate as high as 12%
Attractive merchant offers
Best in class customer support
No airport lounge access
Acceptance is not good
American Express Membership Rewards Credit Card is an entry level card from Amex with low joining and renewal fees unlike other cards. Though acceptance of Amex is increasing day by day in India, it’s still not as good as Visa/MasterCard. The best thing about Amex is their world class customer service and when you talk to them, they make you feel really special. 18 Karat and 24 Karat Gold collection and monthly bonus rewards pushes the overall reward rate to 12% which is quite awesome.
- Joining Fee: Nil if applied via referral link, Rs. 1,000 + GST otherwise
- Renewal Fee: Amex generally waive off the charges if your spend on card is substantial.
- Via referral: Nil if total spends greater than Rs. 1,50,000, Rs. 750 + GST if total spends greater than Rs. 90,000, Rs. 1,500 otherwise
- Regular: Nil if total spends greater than Rs. 1,50,000, Rs. 2,250 + GST if total spends greater than Rs. 90,000, Rs. 4,500 otherwise
- Reward Rate:
- 0.5% if points are converted to statement credit
- 1000 bonus points for using Card 4 times on transactions of Rs. 1,000 and above every month
- 18 Karat Gold Collection: 18,000 points can be redeemed for statement credit worth Rs. 6,000, Amazon Gift Card worth Rs. 7,000, Amex Domestic Travel Voucher worth Rs. 7,000 or Taj Voucher worth Rs. 9,000.
- 24 Karat Gold Collection: 24,000 points can be redeemed for statement credit worth Rs. 9,000, Tanishq voucher worth Rs. 10,000 or Taj Voucher worth Rs. 14,000
- Apply here
3. HDFC Diners Club ClubMiles Credit Card
AirMile transfer program
1.3% default reward rate
13% reward rate using HDFC SmartBuy 10X program and Diners Club 10X program
Domestic and International airport lounge access for primary and add-on card members
Insurance and 24/7 Concierge Services
Restriction on reward point redemption for flights & hotels
Acceptance is not that great, especially international
HDFC Diners Club Clubmiles Credit Card has decent reward rate of 1.3% and with HDFC SmartBuy 10X program it peaks to 13%. Complimentary domestic and international airport lounge access is another great benefit and HDFC Bank has recently extended this to add-on card memebers too. Income criteria for this card is Rs. 30,000 per month (net income) which is relatively low.
- Joining Fee: Rs. 1,000 + GST, usually free
- Renewal Fee: Rs. 1,000 + GST, usually waived off
- Reward Rate: 1.3% (normal spends) - 13% (using HDFC SmartBuy 10X program)
- Mile Exchange Program: Reward points can be converted to Air Miles across British Airways Executive Club (Avios), InterMiles, Singapore Airlines (KrisFlyer Miles) or Club Vistara in 1:1 ratio
- Lounge Access: 6 complimentary airport lounge access per year including domestic and international for primary as well as add-on card members
4. Amazon Pay ICICI Bank Credit Card
No joining/annual fee
5% cashback on Amazon for Prime members
3% cashback on Amazon for Non Prime members
2% cashback on paying through Amazon Pay
1% cashbak on others
No airport lounge access
Amazon Prime Membership required for maximum benefit
Amazon Pay ICICI Bank Credit Card gives 5% cashback on Amazon if you’re a prime member which is a sweet deal if you spend a lot on Amazon. Recently Amazon has extended invitation for this credit card to majority of Amazon India customers.
- Joining Fee: Nil
- Renewal Fee: Life time free
- Reward Rate:
- 5% for Amazon Prime customers and 3% for others on Amazon
- 2% on paying through Amazon Pay
- 1% on other spends
- Rewards are credited as Amazon Pay cashback each month after statement generation
5. HDFC Bank Regalia First Credit Card
0.8% default reward rate
8% reward rate using HDFC SmartBuy 10X program
Milestone benefits
Domestic and International airport lounge access for primary and add-on card members
Insurance and 24/7 Concierge Services
Restriction on reward point redemption for flights & hotels
HDFC Regalia First Credit Card is an entry level premium card from HDFC. Decent reward rate, milestone benefits and complimentary domestic and international lounge access make this card attractive. Mostly it’s issued for free if your salary account is with HDFC and gross monthly income is greater than Rs. 40,000 per month.
- Joining Fee: Rs. 1,000 + GST, usually free
- Renewal Fee: Rs. 1,000 + GST, usually waived off
- Reward Rate: 0.8% (normal spends) - 8% (using HDFC SmartBuy 10X program)
- Milestone Benefits:
- 5,000 points on annual spends of Rs. 3 Lakhs
- Additional 2,500 points on achieving annual spends of Rs. 6 Lakhs
- Lounge Access:
- International: 3 international airport lounge access per year using Priority Pass
- Domestic: 8 domestic airport lounge access per year using Visa/MasterCard Lounge program
6. SBI SimplyCLICK Credit Card
Rs. 500 Amazon voucher as welcome benefit
2.5% cashback on Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds, Rentomojo & UrbanClap
1.25% cashback on online transactions
Milestone benefits
Low rewards on offline spends
No airport lounge access
SBI SimplyCLICK Credit Card is one the best credit cards for first timers in India which provides 10X rewards on shopping at Amazon, BookMyShow, UrbanClap etc. This card also provides 5X rewards on other online spends irrespective of merchant which is quite awesome. With low annual fees and salary requirements, this is a really good card to have in possession if you spend online a lot.
- Joining fee: Rs. 499 + GST, welcome benefit of Amazon gift voucher worth Rs. 500
- Renewal fee: Rs. 499 + GST, waived off if spend in previous year is more than Rs. 1 Lakh
- Milestone Benefits:
- Reward Rate:
- 10 Reward Points per Rs. 100 on online spends with exclusive partners - Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds, Rentomojo, UrbanClap, 2.5% reward rate
- 5 Reward Points per Rs. 100 on all other online spends, 1.25% reward rate
- 1 Reward Point per Rs. 100 on all other spends, 0.25% reward rate
- Apply here
Best Premium Credit Cards
Premium cards are one notch above lifestyle cards. These cards, not only have higher reward rate, but they provide additional benefits like concierge services, dedicated support line, domestic and international lounge access etc.
1. HDFC Diners Club Privilege Credit Card
Annual Memberships of Zomato Gold, Amazon Prime, MMT DoubleBlack, Times Prime & BB Star
1.3% default reward rate
13% reward rate using HDFC SmartBuy 10X program and Diners Club 10X program
Domestic and International airport lounge access for primary and add-on card members
Golf privileges, Insurance & 24/7 Concierge Services
No renewal benefits
Acceptance is not that great, especially international
Newly launched HDFC Diners Club Privilege Credit Card packs multiple benefits which makes it best premium credit card. This card introduces the benefit of annual memberships of Zomato Gold, Amazon Prime, MMT DoubleBlack, Times Prime & BB Star. This card also provides monthly benefit of vouchers worth Rs. 500 on meeting the spend target of Rs. 40,000 which pushes the overall reward rate to 2.55%.
- Joining fee: Rs. 2,500 + GST
- Renewal fee: Rs. 2,500 + GST, waived off if spend in previous year is more than Rs. 3 Lakhs.
- Annual Memberships of Zomato Gold, Amazon Prime, MMT DoubleBlack, Times Prime & BB Star on spending Rs. 5 Lakhs in previous year
- Reward Rate:
- 4 reward points per Rs. 150 spent, 1.3% reward rate
- 10X rewards on Smartbuy (Amazon, Flipkart, Instant Vouchers, Hotels & Flights) and partner brands (Myntra, Swiggy, BookMyShow, Zoomcar, Godrej Nature’s Basket, Ola & FirstCry), 13% reward rate
- Monthly Benefits: Ola Select membership, BookMyShow or TataCLIQ voucher worth Rs. 500 on achieving a monthly spend of Rs. 40,000
- Lounge Access: 12 complimentary airport lounge access to 1000+ Lounges in India and worldwide for primary and add-on card members
- 2 complimentary Golf games (Green fee waiver) per quarter around 18 golf courses in India and 144 golf courses around the world
2. HDFC Regalia Credit Card
1.3% default reward rate
13% reward rate using HDFC SmartBuy 10X program
Zomato Gold Membership for first year
Milestone benefits
Domestic and International airport lounge access for primary and add-on card members
Insurance and 24/7 Concierge Services
Restriction on reward point redemption for flights & hotels
HDFC Regalia is upgraded version of HDFC Regalia First. It comes with a host of benefits like lower foreign currency markup, Priority Pass membership etc. The milestone benefits on this card are added perks which pushes the reward rate even higher. You need to have a monthly income more than Rs. 1,20,000 to get this card.
- Joining Fee: Rs 2,500 + GST, generally free
- Renewal Fee: Rs 2,500 + GST, usually waived off
- Reward Rate: 1.3% (normal spends) - 13% (using HDFC SmartBuy 10X program)
- Lounge Access:
- International: 6 international airport lounge access per year using Priority Pass (including add-on card member)
- Domestic: 12 domestic airport lounge access per year using Visa/MasterCard Lounge program
- Milestone Benefits:
- 10,000 Reward Points on annual spends of Rs. 5 Lakhs
- Additional 5,000 Reward Points on achieving annual spends of Rs. 8 Lakhs
- Lower foreign currency markup of 2%
- Other benefits: Club Vistara Silver membership, Zomato Gold membership, travel concierge, insurance cover etc.
- Apply here
3. Yes First Preferred Credit Card
Complimentary domestic and international lounge access
2X rewards on Travel Agencies & Tour Operators, Domestic Airlines and Dining
Low forex markup of 1.75%
Golf Privileges
Concierge & Automobile Assistance
Insurance Coverage
Low default reward rate
Yes First Preferred Credit Card, even after devaluation, provides a decent default reward rate of 1%. Complimentary access to domestic and international airport lounges is another highlight of this card. Easiest way to get this card is to get it on Card-to-Card basis with limit on existing card above Rs. 3,00,000. You can get this card and later on (after 6 months) upgrade to Yes First Exclusive Credit Card.
- Joining Fee: Rs 2,500 + GST, generally free
- Renewal Fee: Rs 2,500 + GST, usually waived off
- Reward Rate: 2% on Travel Agencies & Tour Operators, Domestic Airlines and Dining, 1% on all other categories
- Lounge Access:
- International: 4 international airport lounge access per year using Priority Pass
- Domestic: 3 per quarter domestic airport lounge access using MasterCard Lounge Access program
- Other benefits: Golf, Concierge & Automobile Assistance, Insurance Coverage
4. Citi Premiermiles Credit Card
Welcome benefit of 10,000 miles, ~Rs. 4,500
Renewal benefit of 3,000 miles, ~Rs. 1350
10X miles on Premiermiles portal, 4.5% reward rate
Complimentary domestic airport lounge access
Not so great renewal benefits
No complimentary international airport lounge access
Citi Premiermiles Credit Card, though appears to be an air miles card, it’s not. This card packs a decent default reward rate of 1.8% which can be accelerated to 4.5% by booking flights and hotels on Premiermiles portal. Never expiring miles and complimentary access to airport lounges are some added benefits.
- Joining Fee: Rs 3,000 + GST, welcome benefit of 10,000 miles worth ~Rs. 4,500 are provided
- Renewal Fee: Rs 3,000 + GST, renewal benefit of 3,000 miles worth ~Rs. 1,350 are provided
- Reward Rate:
- 4 Miles for every Rs. 100 spent, 1.8% reward rate
- 10 Miles per Rs.100 on PremierMiles portal and all airline transactions, 4.5% reward rate
- Lounge Access: Complimentary domestic airport lounge access
- 6 per quarter on MasterCard variant
- 8 per quarter on Visa Signature variant
5. Indusind Iconia Credit Card (Amex)
No renewal fees
2X rewards on weekends
Complimentary domestic lounge access
Rewards can be redeemed for statement cash
Golf privileges
Buy 1 Get 1 on BookMyShow
Attractive merchant offers from Amex
High joining fees
If you spend a lot on weekends, this is the card for you. It provides accelerated rewards during weekends which you can redeem for statement credit. This card also gives you access to access to domestic airport lounges. However, recently IndusInd Bank has reduced the reward rate on insurance and utility bill payments on their credit cards which is a little disappointing.
- Joining Fee: Rs 10,000 + GST, welcome vouchers of equivalent amount provided
- Renewal Fee: Nil
- Reward Rate:
- 1.5% on weekdays
- 2% on weekends
- 0.7% on Utility Bill Payments, Insurance Premium Payments, Government Services/Charges/Payments & Education Institute Fees
- Lounge Access: 2 domestic airport lounge access per quarter using American Express Lounge Program
- Other benefits: Golf, Travel Concierge, Automobile Assistance, Insurance Cover, Buy 1 Get 1 on BookMyShow etc.
6. American Express Platinum Travel Card
Welcome benefit of 5,000 rewards points worth Rs. 4,000
Travel Vouchers worth Rs. 7,700 on annual spend of Rs. 1.90 Lakhs
Travel Vouchers worth Rs. 11,800 on annual spend of Rs. 4 Lakhs
Taj Experiences Gift Card worth Rs. 10,000
4 complimentary domestic airport lounge access in a year
Acceptance is not that great
High joining and renewal fees
American Express Platinum Travel Card is one of the best travel credit cards at the moment and is suitable for frequent travelers. The handsome reward rate coupled with awesome customer support makes this card really desirable. However acceptance of Amex cards in India is still not great and many merchants don’t accept it due to relatively higher MDR charges.
- Joining Fee: Nil if applied via referral link, Rs. 3,500 + GST otherwise
- Welcome benefit of 5,000 rewards points worth Rs. 4,000
- Renewal Fee: Rs 5,000 + GST
- Reward Rate: 1 Membership Rewards Point for every Rs. 50 spent, 0.50% reward rate if points are converted to statement credit
- Milestone Benefits:
- Travel Vouchers worth Rs. 7,700 on annual spend of Rs. 1.90 Lakhs
- Travel Vouchers worth Rs. 11,800 on annual spend of Rs. 4 Lakhs
- Taj Experiences Gift Card worth Rs. 10,000 on annual spend of Rs. 4 Lakhs
- Lounge Access: 4 complimentary domestic airport lounge access in a year
- Apply here
Best Super Premium Credit Cards
Super Premium cards are not only hard to get but also require really high relationship value with issuing banks along with flawless credit history. These cards come with higher credit limits, best reward rate, unlimited lounge access, golf privileges, exclusive memberships, insurance cover and some other unique perks.
1. HDFC Diners Club Black Credit Card
Up to 33% reward rate
Complimentary annual memberships
Monthly milestone benefits: vouchers worth Rs. 1,000
Unlimited domestic and international airport lounge access
Lower foreign currency markup of 1.99%
Golf privileges, Concierge Services, Insurance coverage
No renewal benefits
Acceptance is not that great
HDFC Diners Club Black Credit Card with it’s 10X reward points is certainly one of the best credit cards in India at this point of time. Even without 10X reward points, it has reward rate of 3.3% on all spends which is quite good. The recent addition of benefits to this card makes it even more desirable. The monthly milestone benefits pushes the reward rate to 4.55% on monthly spends of Rs. 80,000 which is quite awesome.
- Joining Fee: Rs 10,000 + GST
- Renewal Fee: Rs 10,000 + GST, waived off on spending Rs. 5 Lakhs in a year
- Reward Rate:
- 3.3% (normal spends) - 33% (using HDFC SmartBuy 10X program)
- 2X reward points on weekend dining, 6.6% reward rate
- Complimentary annual memberships: Club Marriott, Forbes Digital subscription, Zomato Gold, Amazon Prime, MakeMyTrip Double Black, Times Prime on spending Rs. 8 Lakhs in previous year
- Monthly Benefits: Vouchers worth Rs. 1,000 on achieving a monthly spend of Rs. 80,000
- Lounge Access: Unlimited airport lounge access to 1000+ lounges in India and worldwide for primary as well as add-on card members
- Lower foreign currency markup of 1.99%
- Other benefits: Exclusive 24/7 Concierge Services, Golf Program, Insurance Cover etc.
2. HDFC Infinia Credit Card
Up to 33% reward rate
2X rewards on dining, 6.6% reward rate
Unlimited domestic and international airport lounge access
Lower foreign currency markup of 2%
Golf privileges, Concierge Services, Insurance coverage
Priority Customer Service
No annual memberships
No monthly milestone benefits
HDFC Infinia Credit Card is for the elitist and is invite only card. This card comes with unique No Pre-set spending limit feature and best reward rate of 3.3% on all spends. However this card has been displaced to #2 this year by HDFC Diners Black Credit Card which has become even more rewarding due to recent changes.
- Joining Fee: Rs 10,000 + GST, reward points of equivalent value are credited
- Renewal Fee: Rs 10,000 + GST, waived off on spending Rs. 8,00,000 in a year
- Reward Rate:
- 3.3% (normal spends) - 33% (using HDFC SmartBuy 10X program)
- 2X reward points on dining, 6.6% reward rate
- Lounge Access:
- International: Unlimited international lounge access using Priority Pass (add-on card members can avail by producing their Priority Pass)
- Domestic: Unlimited domestic access via Priority Pass, 4 complimentary domestic lounge access per quarter through Infinia Visa/Mastercard Card Lounge program
- Lower foreign currency markup of 2%
- Other benefits: Personal concierge service, Golf Programme, Club Marriott Membership, Priority Customer Service etc.
3. Standard Chartered Ultimate Credit Card
3.3% of default reward rate
Domestic and International airport lounge access
Golf privileges
1.5% cashbak on international transactions
Dineout membership, Concierge services, Travel & Air Accident insurance cover
No unlimited airport lounge access
Limited reward redemption options
Standard Chartered Ultimate Credit Card is the elitist offering from Standard Chartered. Though the default reward rate of 3.3% is certainly attractive, lately the reward redemption options have become limited. Amazon vouchers keeps on disappearing from their reward catalog and other options are not so great. To get this card, you should have an annual income of more than Rs. 24 Lakhs or if you have an existing SC credit card then the limit should be more than Rs. 5 Lakhs. Additionally you can this card on basis of your existing card if free limit on existing card is more than Rs. 4.5 Lakhs.
- Joining Fee: Rs. 5,000 + GST
- Renewal Fee: Rs. 5,000 + GST
- Welcome Bonus: Rs. 10,000 cashback from MakeMyTrip
- Reward Rate: 3.3%, can be redeemed for gift vouchers of Amazon, Flipkart, Lifestyle, Big Bazaar, MakeMyTrip, BookMyShow etc. (depending upon availability on their reward redemption website)
- Lounge Access:
- International: 1 free per month using Priority Pass if card spend in the last month exceeds Rs. 20,000
- Domestic: 4 per quarter through Visa/Mastercard Card Lounge program
- Cashback of 5% at duty free store limited to Rs. 1,000 per month
- Other benefits: Golf, Dineout membership, Concierge services, Travel & Air Accident insurance cover etc.
4. Yes First Exclusive Credit Card
Unlimited complimentary domestic & international lounge access for primary & add-on card members
2X rewards on Travel Agencies & Tour Operators, Domestic Airlines and Dining
Low forex markup of 1.75%
Golf Privileges
Concierge & Automobile Assistance, Insurance Coverage
Low default reward rate
Yes First Exclusive Credit Card is one level higher than Yes First Preferred Credit Card. This card comes with a reward rate of 1.5%-3% depending on spend categories which is decent. The main highlight of this card is unlimited domestic and international lounge access to both primary and secondary card holders.
- Joining Fee: Rs. 10,000 + GST, 50,000 Reward Points (~ Rs. 12,500) credited after first transaction
- Renewal Fee: Rs. 10,000 + GST, 40,000 Reward Points credited (~ Rs. 10,000) after renewal
- Reward Rate: 3% on Travel Agencies & Tour Operators, Domestic Airlines and Dining, 1.5% on all other categories
- Lounge Access
- Domestic: Unlimited for both primary and add-on using MasterCard Lounge Program
- International: Unlimited for both primary and add-on using Priority Pass Membership
- Other benefits: Golf, TAJ InnerCircle Epicure Membership, Concierge Assistance, Automobile Assistance, Travel & Air Accident insurance cover etc.
5. Citi Prestige Credit Card
4th night complimentary at participating hotels, twice per annum
2X rewards on international transactions
Unlimited domestic & international airport lounge access for primary & add-on members
Golf privileges
Taj Epicure Plus Plan & InnerCircle Silver membership
Overseas Medical and Air Accident Insurance Cover etc.
High annual fees
Citi Prestige Credit Card is best for those who travel a lot. This card entitles you for airport lounge access, extra hotel nights and accelerated air miles program. However Citi has reduced the benefits on this card recently and has limited the free hotel nights to twice in a year. Also meet and greet services and free airport transfers have been withdrawn. To get this card, you need to have a very good relationship with Citi Bank and holding a Citigold/Citigold Private account will go a long way.
- Joining Fee & Renewal Fee: Rs 20,000 + GST (Free for Citigold & Citigold Private Clients), Air miles and Taj/ITC vouchers of equivalent amount are provided
- Reward Rate:
- 1% on domestic, 2% on international if redeemed for statement credit
- 4% on domestic, 8% on international if redeemed for Air Miles
- Lounge Access: Unlimited domestic and international airport lounge access for both primary and add-on card members
- Stay 4 consecutive nights and get 4th night complimentary at participating hotels, twice in a year
- Other benefits: Golf Program, Taj Epicure Plus Plan & InnerCircle Silver membership, Overseas Medical and Air Accident Insurance Cover etc.
6. Axis Bank Magnus Credit Card
8 complimentary VIP Assistance Services
8 complimentary international airport lounge access (card member + guest)
Unlimited domestic lounge access
2X reward points on MakeMyTrip, Yatra & [Goibibo](https://l.cardinfo.in/goibibo)
Buy 1 Get 1 at BookMyShow
Complimentary Dineout Plus membership
Reduced foreign currency markup of 2%
Low default reward rate
No unlimited international airport lounge access
Though the default reward rate on Axis Bank Magnus Credit Card is low, other benefits make it worthwhile. Complimentary VIP assistance services and airport lounge access to guests are some of the unique features of this card. Buy 1 Get 1 on BookMySow 5 times monthly and complimentary Dineout Plus membership is certainly a delight for movie buffs and foodies.
- Joining fee: Rs. 10,000 + GST, complimentary flight ticket up to Rs. 10,000 is provided
- Renewal fee: Rs. 10,000 + GST
- Reward Points:
- 12 Axis eDGE reward points per Rs. 200 spent, 1.2% reward rate
- 2X Axis eDGE reward points on MakeMyTrip, Yatra & Goibibo, 2.4% reward rate
- 8 complimentary VIP Assistance Services
- Lounge Access:
- 8 complimentary international airport lounge access (card member + guest), 4 more on spending Rs. 7 Lakh or more using Priority Pass
- Unlimited domestic lounge access using Mastercard lounge program
- Buy 1 Get 1 up to Rs. 500 on movie, activities, events etc. at BookMyShow, limited to 5 times in a month
- Complimentary Dineout Plus membership
- Reduced foreign currency markup of 2%
FAQs
Which is the best credit card in India?
How many credit cards I can have?
Which bank is best for credit card in India?
Which is the most rewarding credit card in India?
Bottomline
The credit card market in India has changed a lot in last year due to the launch of multiple co-branded credit cards. These credit cards have not only presented multiple options to end users, but have also pushed the benefits to a whole new level. I personally feel that the credit card market will keep on evolving this year too.
To reap maximum benefits, you may get multiple credit cards. However make sure you have a strategy in place to reap the maximum benefits out of them. Also don’t apply for multiple credit cards in short span of time, it may hamper your credit (CIBIL) score as lenders will see you credit hungry. Spread out the applications over a period of time to lower the impact and one application per 6 months is a good place to start.
How many credit cards from this list you own? Do you feel any other credit card should be part of this list which I missed? Let me know by leaving a quick comment below.
