Best Credit Card in India

Credit cards are versatile financial tools, and these are designed to add value to every swipe. Be it for shopping, fuel, travel, dining, or any other expense, you can find a credit card for it. Most credit cards also have a rewards system, wherein you can accumulate points and avail offers. 

 

Since the features and benefits vary from one credit card to another, you might get confused while selecting a credit card with some of the best features. Read on to know which bank offers the best credit cards in India, their features and the benefits you can enjoy with each card.

With the number of options, selecting just a single card can be confusing. However, by comparing the best credit cards in India you can know your options, and decide accordingly. 

Disclaimer: Please note that some of these credit cards are not available on Bajaj Markets. You can apply for these cards directly on the credit card issuer’s app or website. 

Credit cards are available in various categories, such as fuel, shopping, travel etc. Naturally, the credit card you choose should complement your expenses, as this helps you get the most benefit out of it. 

 

Here are some credit cards across different categories. Comparing the features of each can help you decide the one that suits your requirements.

1. SBI Card ELITE

a) Best Suited For: discounts on shopping and airport lounge access

 

b) Annual Fees: ₹4,999+ GST 

 

c) Features and Benefits:

• Global acceptance across 24 million outlets in the world

• Complimentary Trident Privilege Red Tier membership and Club Vistara Silver membership

• Low forex markup

• Complimentary credit card fraud liability cover of ₹1 Lakh

2. Axis Bank ACE Credit Card

a) Best Suited For: Unlimited cashback and dining discounts

 

b) Annual Fees: ₹499+ GST (waived off on annual spends of ₹2 Lakhs or more)

 

c) Features and Benefits: 

• 5% cashback on bill payments, 4% on Swiggy, Zomato and Ola, and 2% on all other purchases 

• 4 lounge visits complimentary to domestic airport

• 1% fuel surcharge waiver at all fuel stations in India

• Discounts on dining at over 4,000 partner restaurants 

3. Flipkart Axis Bank Credit Card

a) Best Suited For: Unlimited cashback and conversion of purchases to EMI  

 

b) Annual Fees: ₹500+ GST (waived off on annual spends of ₹2 Lakhs or more)

 

c) Features and Benefits: 

• Welcome benefits worth ₹1,100

• EMI conversions on purchases exceeding ₹2,500

• 1% fuel surcharge waiver at all fuel stations in India

• 5% cashback on Flipkart and Myntra, 4% on other preferred merchants, and 1.5% on other expenses. 

4. Cashback SBI Card

a) Best Suited For: Cashbacks and spend-based fee reversals 

 

b) Annual Fees: ₹999+ GST (waived off on annual spends of ₹2 Lakhs or more)

 

c) Features and Benefits: 

• Cashback of 5% on online spends and 1% on offline spends including utility bill payments

• No joining fee

• 4 lounge visits complimentary to domestic airport 

• 1% fuel surcharge waiver at all domestic petrol stations 

5. InterMiles HDFC Signature Credit Card

a) Best Suited For: Travel and lifestyle benefits  

 

b) Annual Fees: ₹2,500+ GST

 

c) Features and Benefits:

• Extensive and rewarding InterMiles Accrual Programme

• Savings on flight bookings

• Flight and hotel discount vouchers 

• Privileges on Etihad Airways 

6. Amazon Pay ICICI Credit Card

a) Best Suited For: Shopping rewards and cashbacks

 

b) Annual Fees: Nil

 

c) Features and Benefits: 

• No expiry of the rewards earned

• Exclusive privileges for customers with ICICI Bank credit cards

• 3% cashback on any purchase on  Amazon India

• No cost EMIs with repayment tenures of 3 or 6 months 

7. Standard Chartered EaseMyTrip Credit Card

a) Best Suited For: Travel rewards and benefits

 

b) Annual Fees: ₹350 + GST

 

c) Features and Benefits:

• 10x rewards on every ₹100 spent at independent hotels and flight booking websites, apps or physical outlets

• Discounts on hotel and flight bookings made via EaseMyTrip

• Complimentary domestic and international airport lounge access 

• Reward points on various spends

8. HDFC Bank Diners Club Privilege Credit Card

a) Best Suited For: Lifestyle rewards and benefits

 

b) Annual Fees: ₹2500 + GST

 

c) Features and Benefits:

• Travel benefits across 150+ airline operators and various domestic and international hotels

• Wellness benefits at leading gyms, salons, spas and wellness retreats 

• 2% foreign currency markup on all foreign currency expenses 

• 2X rewards on weekend dining expenses

9. BPCL SBI Card OCTANE

a) Best Suited For: Fuel purchase rewards and valueback benefits=

 

b) Annual Fees: ₹1499 + GST (waived off on annual spends of ₹2 Lakhs or more) 

 

c) Features and Benefits: 

• 7.25% valueback benefits on purchases at BPCL fuel stations

• 4 complimentary visits to domestic VISA lounges per calendar year 

• Fuel surcharge waiver

• Reward points on eligible spends

10. Axis Bank Vistara Signature Credit Card

a) Best Suited For: Travel rewards and benefits

 

b) Annual Fees: ₹3,000

 

c) Features and Benefits: 

• Complimentary Club Vistara membership

• Rewards on milestone spends

• Insurance benefits in the form of Purchase Protection Cover up to ₹1 Lakh

• Option to convert purchases over ₹2,500 into EMIs 

Many banks and NBFCs advertise that they have the best credit card in India, but this isn’t always true. Choosing the best credit card simply means picking the one that works for you. To help with that decision, here are a few factors to consider:

1. Rewards Offered 

Different credit cards offer different rewards. You should always choose a card that offers rewards that are actually beneficial for you. For instance, if you wish to reduce your credit card bills, you can consider opting for a cash back credit card. 

2. Credit Card Charges 

Credit card issuers levy various charges such as annual fees, finance charges, cash withdrawal fees and more. The lower these charges are the better. So the next time you choose a credit card, make sure that you opt for one with low fees. 

3. Credit Limits 

When going through the best credit card offers, remember to also take a look at the credit limit offered to you. The higher the limit, the more purchasing power you have. So, if you are a frequent credit card user, getting a card with high credit limits will be a better fit.