Since there are many categories of credit cards, it may be difficult to choose the best credit card for you. Here is a list of the top ten credit cards and is based on the different categories they fall under.
|RBL Bank SaveMax Co-branded Credit Card
|FinBooster: YES BANK Co-branded Credit Card
|IndusInd Platinum Card
|IndusInd Platinum Aura Edge Visa Card
|Citi Cash Back Credit Card
|Citi Rewards Card
|IndianOil Citi Credit Card
|HDFC Diners ClubMiles Card
|HDFC Freedom Card
|Axis Bank Neo Credit Card
|Shopping and Movies
|HSBC Platinum Credit Card
|Travel and Dining
|Kotak PVR Gold Credit Card
|Many banks offer a welcome gift to new credit card applicants once the card is issued to them in the form of bonus reward points, vouchers, discounts, etc.
|All credit cards generally have a reward program, which allows cardholders to earn reward points on every transaction they make using their cards.
|Fuel Surcharge Waiver
|Banks offer a fuel surcharge waiver to the cardholders on spending a specific amount of money on fuel every month.
|Many credit cards offer cashback benefits to the customers.
|Cardholders can enjoy various lifestyle benefits on their credit cards, such as offers on dining, shopping, wellness, entertainment, etc.
|Travel benefits of credit cards include air miles, airport lounge access, travel insurance, airline offers, hotel offers, etc.
|Airport Lounge Access
|Some credit cards offer complimentary airport lounge access to cardholders. The offer varies from one bank to another.
|Many banks allow their credit cardholders to apply for add-on credit cards for their immediate family members.
|Some premier cards provide a comprehensive insurance policy that provides coverage against air accidents, life, lost baggage, lost card, outstanding, etc.
|Credit cardholders can transfer the outstanding balance of their existing cards issued by one bank to the credit card account of another bank.
|Today, most credit cards that are issued in India are international credit cards and are accepted by various merchants all over the world.
|The feature allows the credit card members to convert their credit card transactions into easy monthly instalments (EMIs).
|Owning a credit card helps you build a healthy CIBIL score. By making timely payments on your card and in full, you receive a positive credit score for credit bureau, CIBIL.
The eligibility criteria for a credit card are dependent on a range of factors. Check out the primary eligibility criteria for credit cards
|Salaried or Self-employed
|Depends on one bank to the other
|Good credit score (700 and above)
Applicants can submit any one of the ID proof, address proof, and income proof documents listed below.
|Passport, Permanent Account Number (PAN) card, Aadhaar card, Voter’s ID
|Passport, PAN card, Aadhaar card, Voter’s ID
|Aadhaar Card, Electricity Bill, Telephone bill
|Aadhaar Card, Electricity Bill, Telephone bill
|Salary Certificate, Recent Salary slips, Employment Offer Letter
|Certified Financials, Recent Income Tax Returns (ITR) Statement, Passport
You can apply for a credit card, both online and offline. Due to the COVID-19 pandemic, the credit card application process has been digitized, making it simpler and faster.
You can Compare & Apply for a Credit Card on website by Following 4 Simple Steps:
Step 1: Compare credit card offers.
Step 2: Select from the top cards offered by leading Indian banks.
Step 3: Check your eligibility by entering a few personal details.
Step 4: Enjoy instant approval online after filling out your application form.
Alternately, you can also apply for a card online on the bank’s website by following these steps:
Step 1: Visit the bank's website.
Step 2: Explore the cards offered by the bank.
Step 3: Use the comparison tool if available to compare their features and benefits.
Step 4: Select the card that is the right one for you and hit the 'Apply' button.
Step 5: Fill in the required details and upload all necessary documents.
Step 6: Submit your form.
Note: Each bank may have a different application procedure. Visit the bank's website for more details regarding how to apply for their card online.
The following are some of the important tips on how to use a credit card:
If you have more than one credit cards, ensure you are using the right one based on your needs. For instance, use a travel credit card if you spend a considerable part of your income on travel such as booking flight tickets, hotels, and more. This way you can earn reward points.
One of the best ways to use credit cards is converting your purchases into EMIs and repay the bills as per your convenience.
Many lenders allow its credit card users to convert their unutilized credit limits into personal loans at a nominal interest. This helps credit card users to meet their urgent needs in no time.
Credit cards offer 2x reward points when you purchase online.
Banks allow its credit card users to redeem their reward points to get discounts on hotel bookings, flight tickets, etc. These reward points provide exclusive shopping vouchers, cashbacks and recharge voucher to the users.