A credit card enables you to spend money up to a predetermined limit, and you will receive a bill at the end of each month detailing your expenses. It is essential to strive to pay off the entire balance every month. However, you must pay at least the minimum amount.

Credit Score

If you have a good credit score, that will help you get quick approval on your application with a higher credit limit.

Interest rates

The interest rates charged for the credit card can vary from one to another. Do consider the charge on your credit card.

Fees

Many cards come with joining and annual charges. You must understand how much to pay fees while applying for a credit card.

IndusInd Bank Platinum Credit Card

• With this, you can do golf courses across the country.
• Enjoy the benefits of comprehensive Insurance.
• You will get a fuel surcharge waiver of 1% at petrol pumps across the country.
• The lifetime fee card facility comes with no other charges.
• Additionally, Air accident covers up up to Rs. 25 lakh.
• You will get 24/7 auto assistance for emergencies.

RBL Bank BankBazaar SaveMax Credit Card

• You will earn 5X Reward Points on grocery spends (maximum Rs.1000 per month).
• No limit on the number of transactions for cashback.
• You will get instant funds into your bank account through the Xpress Cash Facility.
• You can add up to five complimentary cards.
• Get up to 10% cashback on Zomato and BookMyShow transactions.

Federal BankBazaar Credit Card

• They offer cards with an interest-free period opens up to 48 days.
• Accumulate up to 3x reward points on all online expenditures.
• There is no requirement to pay a joining fee.
• Enjoy a 1% fuel surcharge waiver at all fuel stations in India with the No annual membership fee is applicable.
• Effortlessly redeem your reward points on www.federalrewards.in for merchandise and services.

IndusInd Bank Platinum Aura Edge Credit Card

• They offer a Lifetime free card with No joining or annual fees
• Fuel savings of up to Rs.2,400 at fuel stations across the country
• Savings points on dining, retail, entertainment, and various other categories and a 1% waiver on fuel surcharge on all the petrol pumps across the country.
• It is a chip-based contactless card.
• Get reward points on utility bills and Get 2,000 reward points as a Welcome Benefit
• Get 10% off on movie access booking & Fuel surcharge waiver of Rs.100

Cashback SBI Card

• You can pay your utility bills using the Easy Bill Pay segment.
• All offline sales and utility bill payments receive a flat 1% reward.
• 1% fuel surcharge waiver on fuel spent at petrol pumps across India.
• You will enjoy 4 Free domestic airport lounge visits per year and 5% cashback on online purchases

SBI Card PRIME

• You will get a complimentary Club Vistara Silver Membership.
• Welcome gift of Rs.3,000 e-voucher for leading style brands.
• You will get a complimentary Trident Privilege Red Tier Membership.
• Every Rs.100 spent on movies, dining, groceries, and departmental stores earns 10 Reward Points.
• Cardholders will get Rs.7,000 e-gift vouchers from Pantaloons and Yatra on spending Rs.5 lakhs each year

HDFC Freedom Credit Card

• You can enjoy an interest-free period of up to 50 days.
• With 5X reward points on everything from grocery, dining, movie, railway, and taxi bookings or Spend Rs.50,000+ in a year and get your renewal fee waived.
• You will get a renewal bonus of 500 points when you pay your revival fee.
• Aid 10X reward points on your SmartBUY and PayZapp purchases.

Axis Bank Neo Credit Card

• You can earn one reward point for every Rs.200 that you spend.
• Also, You will get 5% off on your utility bills paid via Paytm and a Minimum 15% discount on dining bills at any cafe.
• Get up to 40% off on your orders made on Zomato.
• The maximum discount you can get is Rs.120.
• You will get 10% off on every movie ticket you buy via BookMyShow and get a maximum of Rs.100 as a discount every month.

Yatra SBI Credit Card

• With this unique card, you will get Yatra vouchers worth Rs. 8,250 as a welcome gift.
• Get six reward points on every Rs.100 that you spend on departmental stores, dining, grocery, movies, and entertainment.
• You will get a discount of Rs. 4,000 on domestic flight bookings, for a minimum transaction of Rs. 40,000
• You will get a discount of Rs. 1,000 on domestic flight bookings, for a minimum transaction of Rs. 5,000

The eligibility criteria for a credit card are dependent on a range of factors. Check out the primary eligibility criteria for credit cards

• Shopping Credit Cards
• LifeStyle Credit Cards
• Fuel Credit Cards
• Rewards Credit Cards
• Cashback Credit Cards
• Travel Credit Cards

Applicants can submit any one of the ID proof, address proof, and income proof documents listed below.

• Your spending pattern: Your monthly spending pattern is a significant factor in choosing the right credit card.
• The reward type: Credit cards offer rewards in terms of cashback, rewards points & air miles.
• Fees and charges: Compare the interest rate on different cards and the fees and charges that apply.
• Offers on the card: Some cards have great offers and discounts when you use them to shop on a particular website or when you use it in a specific store.
• Welcome bonus or gift: Some banks offer welcome gifts and joining bonuses on applying for a credit card. Gifts could be the latest gadget or bonus points and miles.
• Payment options: Most cards will allow you to make payments via multiple channels.

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.

The Process to Apply for a Credit Card Online

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:

• Use the right card for the right purchase

  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.

• Pay the bills into EMIs

  One of the best ways to use credit cards is converting your purchases into EMIs and repay the bills as per your convenience.

• Opt for a personal loan during emergencies

  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.

• Shop online using reward points

  Credit cards offer 2x reward points when you purchase online.

• Redeem your reward points

  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.