Top 10 Best Credit Card Companies to Get a Credit Card in India (Updated June 2024)
Best Credit Card Companies to Get a Credit Card in India! Choosing the right credit card in India can be a daunting task given the plethora of options available.
To help you navigate through this, we’ve compiled a list of the top 10 credit card companies in India, highlighting their best offerings and key benefits. These selections are based on the latest information as of June 2024, ensuring you have access to the most current and relevant details.
1. HDFC Bank
HDFC Bank Millennia Credit Card
Key Features:
- 5% cashback on online spends at partner sites (Amazon, Flipkart, Myntra, etc.)
- 1% cashback on all other spends
- Annual fee: ₹1,000 + GST, waived on annual spends of ₹1 lakh
- 4 complimentary domestic airport lounge accesses per year
Benefits: Ideal for young professionals who shop online frequently, offering substantial cashback and rewards.
2. SBI Cards
SBI SimplyCLICK Credit Card
Key Features:
- 10X reward points on online spends with partner merchants (Amazon, BookMyShow, etc.)
- 5X reward points on all other online spends
- Annual fee: ₹499, waived on annual spends of ₹1 lakh
- Rs. 500 Amazon gift card as a welcome benefit
Benefits: Best suited for online shoppers, providing excellent rewards and benefits on digital transactions.
3. ICICI Bank
ICICI Instant Platinum Card
Key Features:
- 2 PAYBACK points per ₹100 spent
- 15% discount on dining at over 800 restaurants
- Rs. 100 off on two movie tickets per month at BookMyShow
- 2.5% fuel surcharge waiver on transactions at HPCL pumps
Benefits: A great choice for dining and entertainment, with additional benefits on fuel transactions and low interest rates.
4. Axis Bank
Axis Bank Ace Credit Card
Key Features:
- 5% cashback on bill payments and mobile recharges via Google Pay
- 4% cashback on Swiggy, Zomato, and Ola
- 2% cashback on all other spends
- Annual fee: ₹499, waived on annual spends of ₹2 lakh
Benefits: Ideal for users who frequently use digital payment services, offering high cashback on everyday expenses.
5. Citibank
Citibank Cashback Credit Card
Key Features:
- 5% cashback on movie tickets, utility bill payments, and telephone bill payments
- 0.5% cashback on all other spends
- Annual fee: ₹500
- Exclusive dining and shopping offers
Benefits: Perfect for those who want to save on everyday bills and entertainment expenses, with straightforward cashback offers.
6. American Express
American Express SmartEarn™ Credit Card
Key Features:
- 10X membership rewards points on Zomato, Swiggy, Uber, etc.
- 5X points on Amazon and Flipkart
- Annual fee: ₹495 + GST
- Spend-based milestone benefits
Benefits: Great for beginners looking for a premium experience, offering high rewards on popular online platforms.
7. RBL Bank
RBL Bank Paisa On Demand Credit Card
Key Features:
- Flexible credit limits
- 1 reward point for every ₹100 spent
- Additional points on weekend spends
- Lifetime free card
Benefits: This card offers flexibility and decent rewards, especially beneficial for those who spend more on weekends.
8. IndusInd Bank
IndusInd Legend Credit Card
Key Features:
- 1 reward point for every ₹100 spent, 2 points on weekends
- Buy one get one free movie tickets
- Low foreign markup fees (1.8%)
- Lifetime free card
Benefits: A solid choice for frequent travelers and movie enthusiasts, with significant rewards on weekend spending and international transactions.
9. Kotak Mahindra Bank
Kotak PVR Gold Credit Card
Key Features:
- Complimentary movie tickets on spends
- 15% savings on dining
- 1 reward point per ₹200 spent
- Annual fee: ₹999
Benefits: Perfect for cinephiles who also enjoy dining out, offering substantial savings on entertainment and dining.
10. Standard Chartered Bank
Standard Chartered Manhattan Credit Card
Key Features:
- 5% cashback on grocery spends
- 3X reward points on all other spends
- 20% cashback on Uber rides
- Annual fee: ₹999, waived on annual spends of ₹1.2 lakh
Benefits: Best suited for families who spend significantly on groceries, offering cashbacks that can ease monthly expenses.
Conclusion
Selecting the right credit card depends on your lifestyle and spending habits. Whether you prioritize online shopping, dining, travel, or entertainment, there’s a card tailored to meet your needs. Always consider the annual fees, rewards structure, and additional benefits before making your choice to ensure you get the best value from your credit card.
