Compare & Apply - Credit Cards Online

A credit card is a payment instrument issued by a bank or NBFC that gives you access to a pre-approved credit limit for purchases. This credit acts as a debt that you have to repay later. You repay the borrowed amount, either in full by the due date (interest-free for up to 50 days) or in instalments, with interest applied on the outstanding balance. In India, credit cards are regulated by the Reserve Bank of India (RBI) under its master directions on credit and debit cards. 

Note: Credit card terms, interest-free periods, and credit limits vary by issuer.

Your credit utilisation ratio is the percentage of your total available credit limit that you are currently using. For example, if your total credit limit across all cards is ₹1 Lakh and your outstanding balance is ₹30,000, your credit utilisation ratio is 30%. Credit bureaus in India, including TransUnion CIBIL, recommend keeping this ratio below 30% to maintain a healthy credit score.

Applying for a credit card on Bajaj Markets is fully online, paperless, and typically takes under 5 minutes. Compare 20+ cards, check your eligibility, and submit your application — all in one place. 

1. Click on ‘Check Eligibility’

Begin by clicking the ‘Check Eligibility’ button on this page

2. Fill in Basic Details

Enter the required information: 

1. Mobile number 

2. Occupation

3. Accept the Terms and Conditions

4. Enter OTP

You'll receive a One-Time Password (OTP) on your registered mobile number. Enter the OTP to proceed securely

5. Verify Pre-filled Information

Check and confirm the pre-filled details, including: 

1. PAN Card number 

2. Name as mentioned on the PAN Card 

3. Date of Birth  

4. Email ID

6. Enter Remaining Details

1. Income information  

2. PIN code 

7. Click on ‘Check Offers’ to Browse Personalised Offers 

1. Review the available credit card options based on your eligibility 

2. Compare and select the card that best fits your needs

8. Submit Your Application

Click the ‘Submit’ button to complete the application process.

9. Verification Post Submission

After submission, you’ll receive a communication from the concerned team, for verification and next steps.

Note: The application process may vary slightly in case of certain cards

A credit card is a tool you can use to improve your financial well-being. With easy approval for a credit card, managing your finances becomes simpler, especially when you apply for an instant credit card online. To get the most out of it, know some important terms associated with it: 

Billing Cycle 

This is the monthly period during which all your credit card transactions are recorded. It is usually between 28 to 31 days. At the conclusion of this cycle, the issuer generates a statement, which serves as the official record of: 

• New purchases and cash advances. 

• Interest charges and administrative fees. 

• The Total Amount Due and the Payment Due Date.
   

While the billing cycle is fixed by your issuer, you have a one-time chance to change your billing cycle to something that works for you. You may want the date to coincide with the time you receive your salary in order to pay your bill stress-free.  

APR and Interest Rate 

The Annual Percentage Rate (APR) is the yearly interest rate charged on outstanding balances. In the credit card industry, interest is typically calculated on a Daily Periodic Rate (DPR). 

• Interest is only applied if the Total Amount Due is not paid by the deadline. 

• Unpaid interest often compounds, meaning interest is charged on previous interest, increasing the total debt over time.
   

Interest-free Grace Period 

This is the interest-free window when you won’t be charged any interest on your balance. Pay the entire due amount before the grace period ends to avoid interest.  

The Grace Period is the window between the end of a billing cycle and the payment due date where no interest is charged on new purchases. 

• Duration: This usually ranges from 18 to 55 days. 

• Eligibility: To maintain a 0% interest scenario, the Total Amount Due from the previous statement must be paid in full. If a partial payment is made, the grace period is generally voided, and interest begins accruing on all balances immediately.
  
  

Credit Utilisation Ratio (CUR) 

This is the percentage of your total available credit that you are currently using. It is calculated as: 

CUR = (Total Credit Card Balance / Total Credit Limit) × 100 

To maintain a high credit score, financial experts recommend keeping your CUR below 30%. Using too much of your limit can signal to lenders that you are overextended, even if you pay your bills on time.

Minimum Amount Due (MAD) 

This is the least amount you need to pay by the due date to keep the account in good standing and avoid late payment charges. It is usually 5% of the entire balance due.  

Note: Paying only the MAD does not stop interest from compounding on the remaining 95% of the balance.

Late Payment Charges 

If you don’t pay at least the minimum amount due by the specified date, you will have to incur a late payment fee. This may be a flat fee or a percentage of your outstanding balance. It is best to avoid late charges and strain your finances needlessly. 

Reward Redemption and Expiration 

Most credit cards offer incentives in the form of reward points, cashback, or air miles based on transaction volume. 

• Redemption: Benefits are accessed through the issuer’s portal for vouchers, merchandise, or statement credit. 

• Validity: Points may have an expiration date. Reviewing the specific terms of the reward program ensures that benefits are utilised before they lapse. Evergreen points and easy redemption help you enjoy the points effortlessly. 
  
  

Credit Limit Determination 

Your credit limit is the maximum amount you can spend using your credit cards. Issuers consider your income, credit score, and other factors when determining your credit card limit. To maintain financial health, try not to max out your credit card each month.

In 2026, credit cards serve as strategic financial tools offering instant liquidity, UPI-linked payments (via RuPay), and robust fraud protection. They provide interest-free capital for up to 50 days while rewarding certain transactions through structured cashback or travel miles. Here are the primary benefits of credit cards: 

Financial Utility 

• No Cost EMIs: Split large purchases into interest-free monthly instalments at partner retailers. 

• UPI on Credit: Link RuPay cards to UPI apps for seamless merchant payments directly from your credit line. 

• Interest-free Window: Access short-term capital with a grace period of 45–50 days on all spends. 

• Fuel Savings: Save 1% via surcharge waivers at major petrol pumps across India.
  
  

Lifestyle & Rewards 

• Travel Privileges: Enjoy complimentary airport lounge access and low/zero forex markup rates on international spends. 

• Accelerated Rewards: Earn up to 5% cashback or points redeemable for flights, vouchers, and hotels. 

• Premium Access: Get free memberships to dining programs (EazyDiner), OTT platforms, and golf courses.
  
  

Security & Emergency Support 

• Zero Liability: Protection against unauthorised transactions when reported promptly to the bank. 

• Instant Virtual Cards: Start transacting online immediately upon digital approval, no need to wait for the physical card. 

• Emergency Loans: Access instant, unsecured loans against your available limit with zero additional documentation.

In 2026, leading issuers provide virtual credit cards immediately upon digital approval. These digital-only variants allow you to shop online or link to UPI (for RuPay cards) before your physical card arrives. This way, you don't miss out on limited-time offers or rewards. 

Here are some of the benefits: 

Pay with UPI 

With RuPay credit cards, link your card with UPI to pay merchants through QR codes, utilising your credit limit for daily spends. 

Spend Securely 

With technologies like EMV chip, 2FA (Two-Factor Authentication), and customisable contactless payment limits, you can pay securely. 

Use Globally 

Seamlessly transact at several international merchants and ATMs, backed by Visa, Mastercard, or RuPay global networks. 

Get an Instant Loan Based on Your Credit Limit 

Use your available credit limit to get an emergency unsecured loan, with the applicable interest. 

Get Insurance Covers 

Benefit from built-in covers, including air accident insurance, purchase protection, and lost baggage reimbursement.

Your credit card behaviour which builds your repayment history is the primary driver of your CIBIL score, accounting for approximately 35% of your score calculation. By maintaining a perfect payment history and keeping your Credit Utilisation Ratio (CUR) below 30%, you demonstrate high creditworthiness, which may unlock lower interest rates on future home orpersonal loans. 

Responsible Credit Card Usage Can Boost Your Credit Score 

• On-time, full payments are a key driver of a high score. Automated repayments ensure you never miss a due date, which is the fastest way to build 750+ CIBIL score. 

• Keep your expenses below 30% of your total limit. This low utilisation signals financial stability. 

• Maintaining a long-term credit card account increases your credit history, proving your reliability to lenders over time.
  
  

Poor Credit Score Can Hold You Back from Getting a Credit Card 

• A score below 700 often triggers automated rejections. Each hard inquiry from a failed application further dips your score. 

• Without a credit history (score of 0 or -1), lenders/issuers cannot assess your risk. This is the leading cause of rejection for first-time applicants. 

• If rejected, you can apply for a secured credit card (backed by a fixed deposit).

Whether you use a credit card for cashback on everyday spends or for an additional credit at hand, Bajaj Markets could help you find one. Here’s why you should apply for a credit card online through our website: 

5+ Issuers in One Place 

Instead of visiting multiple websites, explore a curated selection of cards from some of India’s top issuers, all in a single place. 

Access to Multiple Options 

With over 20+ cards categorised for every need, you can apply for the one that helps you manage your finances better 

Quick Online Process 

A hassle-free online journey lets you apply easily, at your convenience, without having to visit any issuer physically 

Free CIBIL Score Check 

You can check your credit score before applying to understand which cards you are most likely to qualify for

Unmonitored usage or inconsistent repayment habits can lead to high-interest debt and a reduced credit score. Utilising the following practices helps maintain the card as a financial asset rather than a liability: 

• Maintain a Low CUR: Aiming to use a smaller portion of your total credit limit, ideally 30% to 40%, is a key factor in maintaining a healthy credit score.

• Request Strategic Limit Enhancements: Periodically increasing your total credit limit can lower your CUR (provided spending remains constant), which may positively impact your credit profile.

• Execute Full Monthly Repayments: Paying the TAD in full by the due date prevents the accrual of compounding interest and ensures you remain within the interest-free grace period.

• Space Out Credit Applications: Each formal application for credit triggers a hard inquiry on your credit report. Applying for new cards only when necessary, prevents multiple inquiries from negatively affecting your score in a short period.

• Perform Regular Statement Checks: Reviewing monthly statements allows for the early detection of unauthorised transactions, billing errors, or recurring subscriptions you may no longer require.

• Optimise Purchase Timing: Large transactions made at the beginning of a billing cycle allow for the maximum interest-free window (up to 45–55 days) before the payment becomes due.

• Monitor Fee Waiver Thresholds: Many issuers offer an annual fee waiver if a specific spending milestone is reached within a year. Tracking your progress toward this threshold can eliminate the cost of owning a card.

• Evaluate Benefits Against Card Fees: Premium credit cards often carry higher annual fees. It is essential to ensure that the quantifiable benefits (lounge access, insurance, or rewards) exceed the cost of the annual membership.