Top 10 Best Credit Cards in India 2019

Best Credit Cards

Do you use a Credit Card or are you planning to apply for one? The Credit Cards are excellent financial tools that allow you to borrow money from the card provider to make payments or purchases.

The cardholders have to repay the borrowed amount after a certain period receiving the Credit Card statement.

The card issuing companies consider the application for a Credit Card after analyzing the income stability and other eligibility criteria of the applicant.

The cardholders need to repay the loan within the grace period. The companies charge interest rates on the borrowed amount after the grace period.

The Credit Cards also come with numbers of features, rewards, and benefits for the cardholders.

There are numbers of Credit Card issuing companies in India. The card issuing companies design numbers of Credit Cards after figuring out the varying requirements of different customers.

Do you know, it is a challenge to decide the best Credit Card that will best suit your needs? The cardholders need to use the card wisely to grab the best benefits and rewards.

If you fail to choose the right card, you may end up losing the benefits offered by the card issuing company.

List of Top Credit Cards in India

You need to get the list of best Credit Cards with rewards to avail right now. Before you finalize any one of the cards, make sure to compare the cards, offers, and benefits.

1. CitiBank Cashback Credit Card

Using CitiBank Cashback Credit Card, you can earn while spending. The cardholders will get cash back rewards as well as several other benefits on making purchases or payments using the Credit Card.

You will get 5% cash back on booking movie tickets, making phone bill and utility bill payments using the card. CitiBank offers 0.5% cashback reward to the cardholders on several other spendings.

You can make contactless payment of up to Rs 2000 by simply tapping the card at contactless terminals.

The cardholders also get exclusive discounts on dining and shopping. You can purchase mobile phones, electronics products at several retail outlets availing the EMI feature.

This card is rewarding for the applicants looking for the best Credit Card with exclusive benefits on shopping, travel, and leisure. The annual fee for this card is Rs 500.

2. The Standard Chartered Platinum Rewards Credit Card

The Standard Chartered Platinum Rewards Credit Card comes with a set of great offers and rewards.

The joining fee for obtaining the card is Rs 250, but if you use the card within the first three months of card issue, the joining fee will get waived. You need to pay the annual fees to keep using the card.

The cardholders will earn additional 1000 reward points if the card gets used within first 60 days.

You can even earn 500 reward points if you register the card for online banking. If you travel in cabs, this card is rewarding for you as you will get 20% cash back on Uber Rides. Using the card for making a minimum payment of Rs 150 for dining at selected restaurants/hotels, you will earn five points.

On fuel purchase of Rs 150, you will earn five points. For any other category, you will earn one point on spending Rs 150.

You can also grab special discounts on purchasing at BlueStone, Bigbasket, FirstCry, Abof, Puma, and UrbanClap. You may also take a look on Standard Chartered Manhattan Platinum Credit Card and compare the rewards.

3. SBI Simply Click Credit Card

If you love shopping, SBI Simply Click Credit Card is the best choice for you! State Bank of India designs the Credit Card with excellent features and benefits.

The annual fee for the card is Rs 499, and you will get the annual fee back if you spend Rupees one lakh on the card in the first year.

On obtaining the card, you will get an e-voucher of Rs 500 to shop from Amazon. If you spend Rupees one lakh on annual online shopping, you will receive an e-voucher of Rs 2000 for Cleartrip.

You must meet the eligibility criteria as everyone can’t apply for the card. On every purchase/payment with the card at BookMyShow, Amazon, Cleartrip, FoodPanda, Lenskart, FabFurnish, Zoomcar and OLA, you can earn 10X reward points.

All other online purchases or payment, you will earn 5X reward points. On spending Rs 100, you will earn one reward point.

In making the fuel purchase of Rs 500 or more, you will get eligible for a 2.5% fuel surcharge waiver.

4. ICICI Bank Platinum Chip Credit Card

If you are looking for a lifetime free Credit Card, ICICI Bank Platinum Chip Credit Card is the one! The applicants with Fixed Deposit at ICICI Bank are eligible for obtaining the card.

You need not pay the annual fee for the card. ICICI Bank designs the card especially for foodies and persons traveling frequently or shopping online.

This card is even ideal for students as well as non-salaried people. If you most often order food online, use the card to avail attractive discounts from Dominos, FoodPanda, and Swiggy.

If you frequently travel, avail discounts on booking tickets at MakeMyTrip and ZoomCar. You can also grab excellent discounts at Jabong, Nykaa, TataCliq, Puma Shop Online, Pepperfry, Bluestone, 1mg, and more stores.

You can avail a minimum discount of 15% by making dining payments at partner restaurants. The cardholders are eligible for 1% fuel surcharge waiver.

5. Standard Chartered Manhattan Platinum Credit Card

Standard Chartered Manhattan Platinum Credit Card is the only Credit Card offering 5% cash back on purchasing from department stores, supermarkets or purchasing groceries.

This card is perfect for salaried individuals. The joining fee is Rs 499 and the joining fee will get waived off if you spend Rs 30000 in the first year.

The annual fee for this card is nil but Rs 999 from 2nd year onwards. The annual fee after 2nd year may get waived considering the spending on the card.

If you make transaction within the first 60 days of card issue, you will earn a reward of 1000 reward points.

If you register for online banking, you will receive 500 reward points. The cardholders earn 3X reward points on using the card for any purchases. Use the card to avail 20% cash back on Uber Rides.

6. Amex Membership Rewards Credit Card

Amex Membership Rewards Credit Card is one among the 10 best Credit Cards in India. On using the card more than thrice in 2 months, you will get rewarded with 4000 membership reward points.

You will earn additional 1000 reward points on using the card 4 times with a minimum transaction of Rs 1000 per month.

On every Rs 50 spent on the card, you will earn one reward point. The exemption for earning reward points are making payments for insurance, utilities, fuel and cash transaction.

The cardholders earn 5000 reward points on card renewal. You can grab additional discounts using the card for paying at selected restaurants.

7. HDFC Regalia First Credit Card

If you are a traveler, you will enjoy maximum benefits and rewards with HDFC Regalia First Credit Card.

The annual fee for this card is Rs 1000 and the annual fee will get waived off if you spend Rs 1 lakh in one year.

HDFC bank rewards the cardholders with 1000 reward points on obtaining and renewing the card. Spending Rs 150 you will earn four reward points every time.

You are eligible to avail up to 15% discount on dining at selected restaurants. On purchasing fuel of Rs 400 and more, you will get eligible for fuel surcharge waiver of 1%.

8. Axis Bank Privilege Credit Card

Axis Bank Privilege Credit Card is an ideal choice for frequent travelers. You have to pay Rs 1500 as the joining fee and the annual fee is Rs 1500 applicable from 2nd year onwards. You will get vouchers worth Rs 5000 for yatra.com on activation of card.

If You need to use the card at least three times within first 60 days to avail the benefits. You must use the card for flight ticket booking, hotel booking, etc.

if you spend Rs 2.5 Lakhs annually, you will earn 3000 eDGE reward points. With the card, you also get complimentary lounge access at selected airports.

You will also avail discounts on purchasing at Voonik, Snapdeal, Treebo, Swiggy, Airbnb, BookMyShow and MakeMyTrip.

9. American Express Platinum Travel Credit Card

American Express Platinum Travel Credit Card is another excellent card designed for travelers with numerous benefits and rewards! You can earn travel benefits of around Rs 30000 on spending Rs 4 lakhs annually.

The joining fee for this card is Rs 3500, and the annual fee is Rs 5000 applicable 2nd year onwards. On card activation, you will receive 5000 membership reward points or Travel vouchers worth Rs 4000.

On spending Rs 1.90 lakh annually, you can earn travel vouchers worth Rs 7700 or more. Making card payment at Taj Group Hotels, you will earn travel vouchers worth Rs 11800 or more, and additionally, you will earn voucher worth Rs 10000 for Taj Group.

On spending Rs 50, you will earn one reward point. The exceptions for earning reward points include Fuel, Utilities, cash transaction, and insurance.

You can avail up to 20% discounts on dining at partner restaurants. For travel bookings at MakeMyTrip, you can earn several other benefits.

10. HDFC Diners Club Rewardz Credit Card

HDFC Diners Club Rewardz Credit Card is ideal for travelers. The joining fee for the card is Rs 1000 and the annual fee applicable 2nd year onwards is Rs 1000.

If you spend Rs 1 lakh in the first year, the annual fee for the 2nd year will get waived off. The cardholders earn 1000 reward points on card activation as a welcome reward and additionally the cardholders earn 1000 reward points on card renewal.

You can earn three reward points on spending Rs 150 every time. You can redeem the reward points for AirMiles while booking air tickets at www.hdfcbankdinersclub.com.

Conclusion

There are several other Credit Cards from a diverse card issuing companies with lots of rewards and benefits.

The ten Credit Cards mentioned above are the best in several terms. It is challenging to select the best one! Make sure to compare the benefits, joining fee, annual fee, and the rewards before finalizing one.

You must fulfill the eligibility criteria before intending to apply for one as card application rejection impacts badly on credit score.

Select the card that perfectly suits your budget, and the benefits meet your daily requirements.

Learn in detail about the terms of usage and use the card wisely to reap the best benefits. Perform in-depth inquiry before applying for any Credit Card from any card issuing company!