best credit card in India

10 Best Credit Card In India You Can Easily Apply In 2020

If you are looking to buy a credit card and confused with the number of offers from different banks and unable to decide which credit card to buy, then you are in the right place. I will enlist the best credit card in India with all the features they offer, the fees they charge. You can read all the features and select the best according to your requirements and the one that suits your pocket as per the charges because every person’s needs vary according to their spending habits. So it is best to go through the features of all the well-known credit cards before making the final decision.

1. American Express Membership Rewards Credit Card

The Membership Rewards Credit Card (MRCC) from American Express is for those who want rewards points with their every transaction and these points are redeemable. MRCC is the best Credit Card in India which makes spending rewarding for its customers. Apart from this, you will be able to access Amex Merchant Offers which are very profitable sometimes.

KEY FEATURES

  • As a welcome gift, you will get 4,000 bonus MR Points.
  • After making four transactions of Rs 1000 or more (Monthly), you will earn 1000 bonus Membership Reward Points.
  • You earn 5,000 MR Points, on the payment of membership fee (Annually) in the second year.
  • Get 1 MR point on each transaction of Rs 50 spent on the card.
  • You can get up to 20% off at selected restaurants in India.
  • You can redeem reward points from the 18 to 24 Karat Gold collection programs of Amex.
  • There are some other benefits such as emergency card replacements, 0 lost card liability, and two add-on cards at no extra cost.
  • Annual Fee: INR 1000 + GST
  • Renewal Fee: 4500 + GST 

2. SimplyClick SBI Card

sbi simply click

It is the best Credit Card in India offered by SBI by which you can save with each transaction spent if you spend a lot on online shopping. It offers multiple features with many benefits on online shopping.

KEY FEATURES

  • You can earn 10 times more reward points with shopping at partner websites and 5 times on other online spending.
  • The reward points can be easily redeemed as e-gift vouchers from partner stores.
  • Card is based on contactless technology.
  • The card also gives fuel surcharge benefits at petrol pumps.
  • The card is accepted everywhere within and outside India.
  • You can get the add-on cards too for your immediate family members.
  • The card offers an easy money facility by providing a bank draft anytime you want. 
  • The renewal charges can be waived off on this card.
  • Joining Fee – Rs. 499
  • Annual Fee – Rs. 499

3. ICICI Coral Credit Card

icici coral credit card

ICICI Coral Credit Card is one of the best credit cards in India which offers many benefits as well as ICICI Amex offers at a very low fee. You can also get extra rewards, discounts on dining, free movie tickets, and many other attractive offers and benefits given below.

KEY FEATURES

  • You can earn up to 10,000 PB points from ICICI Bank Rewards every anniversary year.
  • You can have a complimentary visit to the domestic airport lounge per quarter.
  • Get 2 movie tickets monthly under the buy one get one offer through Bookmyshow.com.
  • You can have a complimentary visit to the domestic railway lounge per quarter.
  • You can save up to 15% on dining bills at more than 2,500 selected restaurants across India.
  • Reward Rate: 0.5 to 1.25%
  • Joining Fee: Rs 500 + GST

4. Citibank Rewards Card

citibank rewards credit card

Citibank Rewards Card is the best rewards card in India if you love shopping and traveling because it offers many reward points on every purchase that can be redeemed at various partner stores. Using these rewards, you can spend less and earn more.

KEY FEATURES

  • Annual fees of the card can be waived off you spend more than Rs. 30000 on your card in a year.
  • The card gives 1500 points if you pay using your card within 30 days of purchase.
  • card offers fuel benefits so you can redeem your Citibank reward points at more than 1200 Indian Oil outlets.
  • The reward points are also redeemable at various in-store and online shopping websites.
  • You can save up to 15% on the restaurants by using your Citibank rewards card.
  • The card gives 2500 points on the card activation.
  • The reward points gained will never expire.
  • Annual Fee – NA
  • Joining Fee – Nil, if spend is more than Rs. 30000 in a year, else Rs. 1000.

5. Standard Chartered Manhattan Platinum Credit Card

sbc manhattan

Standard Chartered is one of the big names that offer financial products with maximum benefits. The credit cards offered by Standard Chartered are also very popular and is considered the best credit card in India.

The annual fee can be exempted if Rs. 60000 is spent in a year and a rebate is offered if Rs. 30000 is spent in a year.

KEY FEATURES

  • The card offers many cashback and rewards for shopping.
  • Card gets 5% cashback at the supermarkets.
  • The card comes with the latest contactless technology.
  • You can also get the add-on cards for your immediate family members.
  • Joining Fee – Rs. 499
  • Annual Fee – Rs. 999

However, Forex card is the best and most convenient option for carrying money abroad. Let us have a look to understand more about Forex cards.

7. Axis Bank Magnus Credit Card

axis_bank_neo_credit_card

Magnus card is the best credit card provided by Axis Bank n case you love dining, shopping, entertainment and traveling. The card offers lounge access and many rewards on spending.

KEY FEATURES

  • As a welcome gift, you will get 4,000 bonus MR Points.
  • After making four transactions of Rs 1000 or more (Monthly), you will earn 1000 bonus Membership Reward Points.
  • You earn 5,000 MR Points, on the payment of membership fee (Annually) in the second year.
  • Get 1 MR point on each transaction of Rs 50 spent on the card.
  • You can get up to 20% off at selected restaurants in India.
  • You can redeem reward points from the 18 to 24 Karat Gold collection programs of Amex.
  • There are some other benefits such as emergency card replacements, 0 lost card liability, and two add-on cards at no extra cost.
  • Annual Fee: INR 1000 + GST
  • Renewal Fee: 4500 + GST 

7. Yes Prosperity Rewards Plus Credit Card

yes bank properity card

This is the lifestyle credit card offered by Yes Bank. This is the best suited for those who travel frequently or visit restaurants to get the reward points to earn on spends.

KEY FEATURES

  • The card offers up to 15% discount on selected restaurants.
  • There is a fuel surcharge waived off at all the petrol pumps in India.
  • The card gives 1250 bonus reward points if Rs. 5000 is spent within the 30 days of card activation.
  • 12,000 milestone reward points can be earned using this card for up to 3.6 lakh per annum.
  • The card holder’s outstanding amount is insured using this card.
  • The earned reward points can be used at the grocery, supermarkets and much more.
  • The card can be issued to anyone who is Indian in the age range of 21 to 60 years and earning more than Rs. 25000 per month.
  • Annual Fee – Rs. 350
  • Renewal Fee – Rs. 350

8. HDFC Regalia First Credit Card

hdfc regalia first credit card

HDFC Regalia First Credit Card is the best credit card in India provided by HDFC which is a big name in itself. It is becoming the must have card of this digital age.

The renewal fee can be waived off on spend of Rs 100,000 in the preceding year.

KEY FEATURES

  • The card offers the welcome benefit of 1000 reward points.
  • The card gives 4 reward points for every spend of Rs. 150.
  • There is a discount of 15% on the leading restaurants with this card.
  • The card gives complimentary access to the lounges at international airports.
  • The reward points earned are valid for period of 2 years.
  • There is 1% convenience fee waived off on all the fuel transactions in the range between Rs. 400 to Rs. 5000.
  • The card offers the interest free period of 50 days.
  • Annual Fee – Rs. 1000
  • Joining Fee – Rs. 1000

9. RBL Platinum Delight

RBL Credit Card is the best card for those who are already banking with RBL. You will get 1000 MR points on 5 transactions (each 1000) a month same as Amex MRCC. You can also get a reward rate of 5% on transactions of Rs 60,000 annually.

KEY FEATURES

  • You can earn 2X reward points on weekends on the minimum transaction of Rs 100.
  • The membership fee for the second year can be waived off by spending 1.5 Lac or more in the first year.
  • Earn 4,000 MR points by swiping the card within 60 days of the issuance.
  • You will get zero liability facility on theft or loss of the card.
  • Reward Rate: 05 to 5%
  • Joining Fee: Rs 750 + GST

10. HSBC Visa Platinum Card

hsbc visa platinum

Many people prefer the Credit Card offered by HSBC Bank because it offers unlimited rewards. There are many benefits to enjoy such as reward points, discounts, cashback, and much more.

KEY FEATURES

  • You can earn 6 reward points on retail transactions spent on your birthday.
  • Earn additional points at selected partners.
  • You also can enjoy free movie tickets worth Rs 500 by spending a minimum of Rs 50,000 a month.
  • This card offers discounts on dining under HSBC Dining Privileges.
  • You will earn 2 points on each transaction of Rs 150 using the Credit Card.
  • You can earn 5x rewards on all the transactions by just spending a minimum of Rs 400,000 in a year.
  • Fuel surcharge waiver can be availed by paying for fuel using the card.
  • Joining Fee: NIL
  • Annual Fee: NIL

FINAL VERDICT

As I have already discussed that it is completely dependent upon the individual’s lifestyle which card to buy. You should focus on the card that gives maximum returns, welcome vouchers, and fewer fees. You can choose to buy more than one credit card too but the main strategy should be to get the maximum value. Also, you should be aware of all the changes the credit cards make in the race of offering the best and get the maximum customers. I tried to cover all the best credit cards in India and mentioned all the features they have. I hope my article proves helpful to you in deciding the best credit card in India.

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