Selecting a type of credit card that compeer your convenience and lifestyle from the alternatives that are accessible can be an arduous task. The majority of the credit card issuers offer several cards, each with its own set of features, and related fees and charges. So if you are in search of a credit card that likely suits you and your convenience, here is the list of the best and most accessible credit cards of the country’s best credit card acquirers that have non-matched benefits like cashback, rewards, and discounts on shopping, fuel, travel, etc.
These cards offer the best characteristics across shopping, travel, cashback, etc. for costumers from varying income levels and credit accounts. Please note that this list does not involve any super-premium credit cards that are usually used for invite-only cards and are provided to people with money-making income or net worth.
1. Axis Bank Ace credit card
Axis Bank Ace Credit Card is considered to be the best credit card in India for cashback since the card comes with an excessive comprehensive cashback rate of 2%. If you are not fully certain about the classification where you spend the most, then this cashback credit card would be the right choice for you. Here are some of the top characteristics of Axis Ace Credit Card.
● Joining Fee: Rs. 499 (Reversed on spending Rs. 10,000 in the first 45 days) ● Renewal Fee: Rs. 499 Reversed on spending Rs. 2 Lakh or more in the precursory year ● Minimum Income: Transmitted at the time of sourcing Axis Bank ACE Credit Card is very well popular for its adequate cashback rate policy. It is the most appropriate choice for customers who are in search of a credit card that offers unlimited cash back and does not want to pay a high annual fee.
The card itself being apart from cashback also offers admiring lounge allowance and dining benefits to its users.
Overall, you can apply for this credit card if you want to avail yourself of cashback on your transactions. However, if you are looking for a credit card that offers reward points instead of cash back, then this might not be the right option for you.
2. SBI Card Elite
This card is perhaps one of the excellent premium credit cards, SBI Card Elite is a flaunt less associated with your elite lifestyle since it comes along with exclusive shopping vouchers from some premium brands as a salutation gift along with movie tickets benefit, advanced reward points, complimentary lounge visits, club Vistara membership and more. Some merits of this top credit card for 2022 are as follows:
● Annual Fee: Rs. 4,999 + GST
● Renewal Fee: Rs. 4,999 + GST
● Minimum Income Required: Rs. 60,000 per month
Welcome e-gift voucher worth Rs. 5,000 from Pantaloons, Shoppers Stop, Marks & Spencer, and many more Free movie tickets worth Rs. 6,000 in just one year in the configuration of Rs. 250 voucher monthly 10,000 bonus reward points on reaching annual spending of Rs. 3 Lakh, 4 Lakh, two Reward Points per Rs. 100 spent on a variety of groups apart from fuel 5X reward points when using the credit card for grocery, dining, and departmental store purchases.
There are plenty of credit cards in the market that suits your particular needs and requirements, like shopping, travel, or movies, but there are only some of the credit cards that are able to match all your needs. SBI Card Elite is a type of credit card that is one of a kind. Though the availability of the card is a comparatively high annual fee of Rs. 4,999, SBI Elite Card bounteously gives back to their customers.
SBI Elite Credit Card stays honest to its name by giving some of the best as well as exciting rewards along with advantages on travel and movies. commendatory memberships and milestone entitlements make it even better for the customers.
SBI Elite Credit Card imposes a joining fee of Rs. 4,999 but returns the full amount in the form of an Rs. 5,000 welcome gift voucher. You can choose the brand of your choice from their options which include Hush Puppies/Bata, Yatra.com, Shoppers Stop and Pantaloons, and Aditya Birla Fashion.
After 2 weeks since joining the fee deduction, a message as well an email will be sent to your registered mobile number asking you to choose the earmark for your welcome gift. After you make your choice, you would get the e-voucher code within 5 days.
3. HDFC Regalia Credit Card
If you are in search of a kind of credit card that offers something for every category, HDFC Regalia can be your foremost choice. Offering a gigantic range of merits for dining, travel, and shopping, this is plausible the best HDFC credit card, especially if you are searching for all-around advantages. Let’s find out some more information about HDFC Regalia credit card:
● Joining Fee: Rs. 2,500 + GST
● Renewal Fee: Rs. 2,500 + GST is waived-off on spending Rs. 3 Lakh in the foregoing fiscal year
● Minimum Income Required: Rs. 1 lakh per month
HDFC Regalia Credit Card is considered to be one of the most commercially favored credit cards by HDFC Bank. It is a credit card that solves each and every problem that offers profitable services across multiple categories including travel, shopping, dining, and more. HDFC Bank encourages it as a card made to be worthy enough for the luxury needs of the clients.
Move-in style with the loose Priority Pass Membership on your HDFC Regalia Credit Card. You can easily get more than a thousand Priority Pass Lounges around the world where you would be able to not just take a rest but also enjoy light refreshments or use with interdependent prerequisite like phone, fax, conference rooms, and internet.
4. Flipkart Axis Bankcard
Flipkart Axis Bank credit card is perhaps one of the most liked credit cards for shopping online. The card also provides unlimited cashback of 1.5% on all other spendings. If you are a regular customer of Flipkart to shop on the brands mentioned above, then this card can be a lot helpful thank you can think of for you. Other merits of this card are mentioned below:
● Annual Fee: Rs. 500
● Renewal Fee: Rs. 500 (waived off on spending Rs. 2 lakh in the preceding year)
● Minimum Income Requirement: Rs. 15,000 p.m. for salaried and Rs. 30,000 p.m. for self-employed
Axis Bank’s Flipkart credit card is accurately suited convenient for cashback lovers, especially for customers who are Flipkart loyalists. It is considered to be the finest cash-back credit card in India. The card comes along with welcome profits on different types of brands and cashback on select brands.
There’s a chance that you can get up to 5% cashback on Flipkart, Myntra, and other partner websites and 1.5% absolute cashback on all other pay-outs. Axis Bank Flipkart credit card is said to be the second-highest flat cashback ratio in the entire market after Axis Bank Ace Card which gives 2% of cashback. Being a co-branded card, the best relaxations of the Flipkart credit card is that they are disposed of with regards to Flipkart and its partner merchandiser. Here is our detailed review of Flipkart Axis Bank’s credit card that can help you decide if you can give this one a go-ahead.
The flat cashback ratio on Flipkart is great enough to be compared to other cards in the market. Also, not at all similar to Amazon Pay ICICI Card where cashback is credited in the form of Amazon Pay Balance, the Axis Bank’s Flipkart credit card has retained it straightforward with a direct declaration of the credit model. Whatever cashback you earn will automatically be credited to your credit card account consequently taking away the struggle of cashback regeneration.
5. Amazon Pay ICICI Credit Card
When people talk about the struggle of choosing a credit card for co-branded benefits, Amazon Pay ICICI Card has always their back as it is one of the favorable co-branded credit cards in-country. If you are a regular customer on Amazon who shops very well often, then you can save a lot on all of your Amazon expenses in the form of cashback. Apart from Amazon purchases, you can also get a cashback on other products that you purchase from Amazon as well.
The best thing about Amazon Pay ICICI Credit Card is that you can have the opportunity to get all the benefits which would not cost you even a single penny as it is totally free of cost with no joining fee or any renewal charges on this credit card. Below-mentioned is the details of this credit card:
● Annual Fee: Nil
● Renewal Fee: Nil
● The lowest level of Salary Requirement: Transmitted at the time of sourcing
Out of all the new credit cards that are being offered to the public in association with big brands, ICICI Bank Amazon Pay Credit Card is guaranteed to be the most efficient one.
This Credit Card was originally an invite-only card but with greater evolvement, it is now open for application. It is created to recompense frequent shoppers at Amazon in the form of cashback, with no-cost EMI, and more. Amazon Prime users will get more advanced benefits than non-prime members.
The cashback offer is beneficial to just about everyone as it offers 1% cashback to all its users and it is even more rewarding for the Prime members. The cashback is given in the form of an Amazon Pay balance which can be redeemed against future Amazon purchases or at merchants that accept Amazon Pay.
This card is a satisfactory as well as an adequate choice of option if you are in search of a credit card that you would initially be used for Amazon online shopping. Non-prime users would be getting 3% cashback while Prime members get 5% cashback. Therefore, true Amazon customers will definitely be satisfied with this credit card. And finally, users who desire to get their hand on big-ticket can use the no-cost EMIs to pay off the sum in easy part payments.
The credit card was designed to be a shopping cart which makes it very narrow in the benefits it offers. Apart from the cashback and dining discount, there are no additional special features.
Some of its drawbacks are:
– There are absolutely no benefits on travel, entertainment, or any other groups apart from shopping
– Not applicable for international users as the foreign currency mark-up fee is pretty high (3.5%)
– No rewards, air miles, or lounge access benefits
– People who are not the initial Amazon users cannot acquire better benefits on other cashback credit cards
As we conclude, Overall these Credit Card is best applicable for those users who primarily shop on online sites on regular basis and don’t need to pay annual or joining charges. As a cashback offer is mentioned on all transactions the credit cards can be used to make everyday purchases making it a great choice for frequent shoppers. It is recommended as advised to consider every aspects according to your spendings before applying for the Credit Card.