Credit cards have now become a common feature in almost every household. The number of people without a credit card is steadily shrinking. But which credit cards are the best to have in India? The truth is, there’s no one-size-fits-all answer. Every credit card comes with its own set of features and benefits tailored to different spending habits and lifestyles. Some applicants prioritize the annual fees, while others focus more on the attractive merchant discounts that come with the card. In this article, we compare several top credit cards in India to help you choose the one that best matches your needs.
For Cash Back And Shopping
Axis Bank Select Credit Card and HDFC Millennia Credit Card are the best suit for you. The Axis Bank SELECT Credit Card is specifically designed to offer maximum lifestyle benefits, especially for users who frequently spend on food and groceries. You will have to pay Joining and annual fee of ₹3,000, the card provides a host of attractive features. Upon completing the first transaction within 90 days of issuance, cardholders receive an Amazon voucher worth ₹2,000. Additionally, BigBasket and Swiggy offers are automatically activated upon payment of the renewal fee.
Flipkart Axis Bank Credit Card
The Flipkart Axis Bank Credit Card is a rewarding option for avid online shoppers, particularly those who frequently shop on Flipkart. The card offers 5% cashback on Flipkart and Cleartrip purchases, making it highly beneficial for travel and e-commerce expenses. Additionally, users can enjoy 4% cashback on preferred merchants such as Swiggy, Uber, and PVR, which adds extra value for food delivery, commuting, and entertainment. For all other eligible transactions, the card provides 1% unlimited cashback, ensuring consistent savings across categories. One of the key highlights is that the cashback amount is directly credited to the user’s credit card statement, eliminating the need for any manual redemption.
SBI Cashback Credit Card
This credit card offers 5% cashback on all online purchases without any restrictions on specific merchants, making it ideal for those who shop frequently on various platforms. For offline transactions, it provides 1% cashback. A major advantage is the convenience it offers—cashback is automatically credited to the cardholder’s SBI Card account within two working days after the next statement is generated, ensuring a seamless rewards experience.
HDFC Millennia Credit Card
HDFC designed the Millennia Credit Card specifically for millennials who frequently shop and spend online. The card offers smart cashback benefits and milestone rewards, making it a great choice for tech-savvy users with modern lifestyles. Users pay a joining fee of ₹1,000. HDFC charges an annual fee of ₹1,000 but waives it if the user spends ₹1 lakh or more in the previous year. 5% cashback on online purchases from 10 popular platforms: Amazon, Flipkart, Myntra, Swiggy, Zomato, BookMyShow, Tata CLiQ, Uber, Sony LIV, and Cult.fit with 1% cashback on all other eligible spends.
For Rewards
Again here Axis Bank Select Credit Card highly benificial. This credit card rewards users with 2X EDGE points on retail spending and 10 EDGE points for every ₹200 spent on other eligible categories. It also offers attractive discounts—₹500 off per month on Swiggy (for spends of ₹3,000) and a flat ₹200 off on BigBasket. Cardholders receive a welcome bonus of 10,000 EDGE reward points, valued at ₹2,000, on making their first transaction. Additional lifestyle perks include complimentary access to 12 airport lounges annually and six free golf rounds per year, making it a great option for frequent travelers and leisure seekers.
SBI Prime Credit Card
SBI Prime Credit Card is an all-purpose card. It provides perks for shopping, dining, flights, hotels, and more. The card offers rewards on everyday transactions for groceries, certain restaurants, department shop purchases. Travel benefits are also available to cardholders include complimentary membership in Priority Pass, Club Vistara, and Trident Red Tier.
HDFC Regalia Credit Card
The HDFC Regalia Credit Card also provides numerous rewards and travel advantages. It is best suited for consumers who want to earn reward points on card transactions. Moreover, if you’re someone who travels often, this credit card can be a real asset. It offers complimentary access to both international and domestic airport lounges every year, making your journeys more comfortable. Plus, it comes with a low foreign exchange markup fee, which helps you save while spending abroad. If you regularly use your credit card for purchases and want to rack up reward points along the way, this card is definitely worth considering.
(Disclaimer: This article is for informational purposes only and not an investment advice. Prior to making an investment or taking a loan, conduct thorough research and consult with your financial advisor)
