Card Type

Annual Fee

Rs. 2000* *

Joining Fee

Rs. 4000* *

Card Type

Entertainment

Annual Fee

Rs. 1000* *

Joining Fee

Rs. 1000* *

Card Type

Rewards

Annual Fee

Rs. 5000 *

Joining Fee

Rs. 5000 *

Card Type

Travel

Annual Fee

Nil* *

Joining Fee

Rs. 5999* *

Card Type

LifeStyle

Annual Fee

Nil *

Joining Fee

Rs. 5999* *

Card Type

Rewards

Annual Fee

Rs. 1499 *

Joining Fee

Nil* *

Card Type

Cashback

Annual Fee

Rs. 499* *

Joining Fee

Rs. 499* *

Card Type

Travel

Annual Fee

Rs. 5000* *

Joining Fee

Rs. 3500* *

Card Type

LifeStyle

Annual Fee

Rs. 300 *

Joining Fee

Rs. 500 *

Card Type

LifeStyle

Annual Fee

Rs. 499* *

Joining Fee

Rs. 4999* *

What is a Credit Card?

Credit card is a plastic electronic card by which we can pay and buy goods. It is given by the financial institute. The financial institute gives you money for some limited time and then you have to pay back after that limit. However, the limit is decided by the financial institution. If you do not pay back the utilized amount within a given time then you have to pay the interest.

 Types of Credit Card:-

  • Low-interest credit cards:-

    Low-interest credit has a low-interest rate. Having a low-interest credit can be very useful because when cardholder needs to make a large purchase then it allows to pay off the amount in several months to a year with the low interest. It is also beneficial because cardholder can choose a card in which card has low interest or the card in which there is no interest for an introductory period.

  • Balance transfer:-

    This type of credit card is especially for those who have a lot of credit debt so it allows you to transfer your credit debt to a new debit card. It gives you a period of months to pay it back. Balance transfer credit card also allows the cardholder to transfer high-interest credit card balances into a low-interest credit card.

  • Secured credit card:-

    In secured credit card first you have to give cash for security purposes mostly as much as your credit limit. In case you don’t pay off your used amount then the issuer keeps the deposit they will give you back your deposit when you close your account or change into a regular card.

  • Student credit card:-

    This type of credit card is especially for college students. It has a lower credit limit in comparison to a regular credit card. The student card validity period is 5 years. Normally the financial institute doesn’t charge for joining. One of the best benefits in student card is that the cardholder is a student so it can be possible that student has no income so there is no requirement of income proof and the best benefit is that students can build a credit history by using a credit card wisely.

  • Business credit card:-

    Business credit card are for the business person who owns the business. It is designed to give you benefits like give you instant cashback when you buy something from the store where your business usually takes the service.

  • Airline credit card:-

    Airline credit card is used for buying airline tickets. It gives you perks like free check bag, free wifi access and many more. Nowadays most of the airline provide their own credit card, if you travel often through airline then you should get the card with the airline you most often travel.

  • Hotel and travel credit card:-

    these types of credit cards are used for travelling and hotel. Some credit card banks bonded with travel agencies and hotels. This type of credit card gives you a point for all purchasing. There are some hotels and travel cards with which points can be redeemed.

  • Fuel credit card:-

    this type of credit card is used for fuel purchasing. It offers you a reward and cashback on every purchase. If you drive every day for long-distance you should consider getting a credit card which gives you cashback and rewards.

Features of Credit Card:-

There are some features of a credit card as mention below:-

  • Credit limit:- The credit card limit defines the maximum amount which the user can spend by using a credit card. You can not spend above your limit.
  • Balance Transfer:- this is one of the important features By using this feature you can transfer the balance from high-interest credit card to low-interest credit card. This feature is for those cardholders who have a lot of credit card debt.
  • Online Banking:- you can save your time by doing online banking by using a credit card. You can purchase things online shopping and you can also pay the bills, you can buy a movie ticket by using the credit card for online banking and there are many things which you can do online banking by credit card at your home without wasting time on standing in a queue.
  • Reward and Bonus Point:- Every credit cards come with different types of offers. Some credit cards give you a reward or bonus point for every purchase you make, and there is some credit card in which cardholder has to make the considerable number of purchase for getting the rewards and bonus points.
  • Extra charges on cash withdrawals:- credit card issuer takes charges for cash withdrawal which are made through credit card at the ATM.

How to apply for a Credit Card:-

  • Applying for a credit card, first of all, you should compare all credit card offers.
  • After comparing all credit cards offers you should check the eligibility for applying for the credit
  • Submit all necessary documents.
  • Get instant approval online.

Eligibility to apply for the Credit Card:-

  • Applying for credit card first criteria is that candidates should be at least 18 years old and not more than 65 years old.
  • You have to check your eligibility by giving some personal details.
  • Candidate should be a self employee or regular source of income.

Document required for a Credit Card:-

  • Passport size photographs
  • ID Proof – Anyone from PAN Card, Aadhar Card, Voter’s ID Card, Ration Card, Driving License
  • Address Proof – Anyone from Passport, Rent Agreement, Telephone Bill, Ration card, Electricity bill, Aadhar card
  • You should have PAN Card.
  • Income proof – Recent salary slips/certificate for the last 3 months/latest bank statement showing the credit of salary for a minimum of 3 months
  • Age proof – 10th standard school certificate, Birth certificate, Passport, Voter ID card.

Some credit cards factors you should check before applying for Credit Card:-

  • Number of days with an interest-free period
  • Joining and annual fee
  • Limit of cash withdrawal
  • Credit limit
  • Zero liability
  • Type of credit card
  • Minimum due amount
  • Value of rewards points
  • EMI option on a big purchase
  • Annual percentage

Advantages of Credit Cards:-

Talking about the advantages of credit card the best advantage of credit card is that you don’t have to carry a heap of cash. And the second-best thing is that you can borrow now and you have to pay off later, there are a lot of benefits of using credit cards like getting rewards and cashback online banking by using the credit card and many more. If you will use a credit card wisely you can have many advantages. The credit card also helps in creating credit card history, allowing you to get a loan at a low-interest rate. The credit card is also beneficial for security purposes because it can be quickly cancelled in case of card lost or stolen. You can make a purchase in a foreign country, however, you may have to pay some extra charges for minor currency conversion. There are interest-free days given by credit card issuer which gives you a number of interest-free days on offer.

Disadvantages of Credit Card:-

The most obvious disadvantage is that you have to pay off the borrowed amount and sometimes the user spends the amount which they can not payback. The credit card company charges you the immense amount of interest when you don’t pay of your borrow amount. your credit card can be stolen and their pin can be stolen too in many ways but the good thing is that you can report credit card issuer about the situation and the amount will be not charged from your credit card.

Best bank for a Credit Card:-

There are some best option for you to choose for a credit card:-

  • HDFC bank
  • SBI bank
  • HSBC bank
  • ICICI bank
  • AXIS bank
  • PNB bank
  • RBL bank
  • American express
  • IDBI bank
  • Bajaj RBL
  • Citibank
  • Bank of Baroda
  • IndusInd bank
  • Standard chartered
  • Kotak Mahindra
  • Indian Overseas Bank
  • Vijaya Bank
  • HSBC
  • Syndicate Bank
  • IDBI Bank

HDFC Bank:- HDFC bank is one of the best options for choosing a credit card bank. They provide you with different-different cards for different-different needs. There are some list of different types of card which you should look before going for another option:-

  • HDFC bank diner club black card:- It is a premium card that offers you different types of rewards and points. by using this card you can book airline tickets and hotels and you can get a reward. You can have an unlimited Airport lounge.
  Sr. no.      Features and benefits      Joining fee       Annual fee
 1 You will have Unlimited Airport lounge access to 700+ Lounges in India and worldwide Nil 10,000 Rs
2 On Rs.150 spent, you can earn 5 Reward Points.
3 On international spends, You can earn 50 reward points.
4 You will get free comprehensive insurance that covers air accidental death, emergency hospitalization. ( many more)

•    HDFC bank diner club premium:- The HDFC bank diner club premium gives you benefits of spending 3 in 1 year and then you will get the renewal fee waived for the next renewal year. You can save 1,500 Rs on fuel transactions every year. By using this card you can book airline tickets.

Sr. no. Features and benefits Joining fee Annual fee
1 For every spent Rs.150  you will get 4 reward points. Rs. 1000 Rs 1000
2 Customers can receive the travel insurance of Air accident cover of Rs. 1 crore Through the HDFC Bank Diners ClubPremium Credit card.
3 You will get exclusive Concierge privileges. (many more)
  • HDFC bank regalia first card:- This card is suitable for those who spend a lot of travelling. It gives you many types of benefits in varicose lifestyle categories.
Sr. no. Features and benefits Joining fee Annual fee
1 Once the application fee is paid You can earn 1,000 reward points as a welcome benefit and 1,000 points as renewal benefits. Rs 1000 Rs 1000
2 You can avail Rs.10 lakh as medical emergency protection cost If there is a medical emergency in a foreign country. The card offers a credit liability cover of up to Rs.5 lakh.
3 There is an HDFC Good Food Trial program, in which you can enjoy exclusive dining privileges that will provide up to 40% discount on dining bills spent at partner restaurants in your city.
4 For every Rs.150 spent on retail transactions, you can earn 4 reward points and You can also redeem the points for attractive gifts listed in the bank’s exclusive rewards catalogue. (many more)
  • HDFC bank times titanium:- The HDFC bank times titanium gives you an entertainment card which gives you some offer on movie tickets and dining. the interest rate is 3.40% with late payment charge 750 Rs. It provides you with the facility of utility bill payment with smart pay.
Sr. no. Features and benefits Joining fee Annual fee
1 You can earn 5 points on every Rs.150 spent, and you can also earn 2 points on every Rs.150 spent on all retail purchases and Dine on weekdays (Monday to Friday). Rs 500 Rs 500
2 Zero liability on lost a card
3 With a contactless payment facility the Times credit card provides fast, easy and secure payments at retail outlets. (many more)
  • HDFC bank times platinum:- the HDFC card offers you different types of benefits in shopping, dining, and movie tickets. It helps you in earning extra points. The interest rate is 3.40%.
Sr. no.       Features and Benefits    Joining fee   Annual fee
1 You can avail free Accidental Death insurance worth Rs.50 lakh. In the case of loss of credit card, you need to report it by calling customer care. Once you report the loss, cardholders carry zero liability on any fraudulent transactions.  Rs 1000  Rs 1000
2 You can get a fuel surcharge waiver of 1.5% for fuel transactions.
3 For every Rs.150 spent You can get 3 reward points and for every Rs.150 spent on dining during weekdays, you can Avail accelerated rewards of 10 reward points. (many more)
  • Freedom card:- Freedom card offers you many offers which give you a reward. Its joining fees are NILL and interest rate is 3.40%.
Sr. no. Features and benefits Joining fee Annual fee
1 Interest-free period Up to 50 days Rs 500 Rs 500
2 Every time you spent Rs.150, you will get 1 reward point. On paying your renewal fee, you can get a bonus of 500 reward points.
3 On BookMyShow you can get a 15% discount on a movie with your credit card.
4 On spending Rs.90,000 in a year you can get a gift voucher worth Rs.1,000. (many more)

State Bank of India (SBI) Credit Card:- SBI credit card is designed for your different kinds of needs. It gives you a low finance charge and excellent rewards. There are some option for you to look for:-

  • Air India SBI platinum card:- It allows you to get Air tickets at lower prices. By using this card you can redeem your points. You can purchase more than 2500 Rs tickets and convert them into EMIs.
Sr. no.     Features and benefits    Joining fee    Annual fee
1 On achieving milestone annual spends, You will earn up to 15,000 bonus points. Rs 1,499 Rs 1,499  (from 2nd year)
2 when you pay the renewal fee for the card, you will earn 2,000 reward points every year.
3 On every Rs.100 spent on the card, you earn 2 reward points.
4 You can enjoy a lost card liability coverage of Rs.1 lakh. (many more)
  • Simply save SBI credit card:- This card is best suited for shopping, Fuel purchase, and dining. If cardholder cash withdrawal in 30 days of card receiving then cardholder gets 100 Rs cashback. Users will get 1 point in reward on every 100 spent on the card. Over limit charges are 0.25%.
Sr. no.      Features and benefits Joining fee Annual fee
1 By spending Rs.2,000 within the first 60 days of card issuance, you can earn 2,000 bonus reward points. Rs 499 Rs 499 (from the second year)
2 Using your SBI SimplySAVE card within the first 30 days of card issuance, you can get Rs.100 cashback on withdrawing cash.
3 on every Rs.100 spent on the card you earn 1 reward point.
4 You can Convert purchases into EMI
5 Fuel bills no more attract additional surcharge if you use the SimplySAVE credit card to pay for your fuel. (many more)
  • Air India SBI signature card:- This card gives you many benefits like a welcome gift, lounge access and reward points on buying Air tickets. This card has a balance transfer facility. Users can withdraw cash from 1 million visa ATMs worldwide.
Sr. no.         Features and benefits     Joining fee     Annual fee
1 On purchase worth between 500 Rs and 4000 Rs, your 1% of fuel surcharge will be waived at all portal. Rs 4999 Rs 4999
2 With the easy bill pay facility on the credit card, you can pay your electricity, telephone, insurance and utility bills.    
3 State bank of india also provides you the benefits of card replacement anywhere in the world with a 24*7 helpline.    
4 Enjoy 20% discount on Zomato every Monday and Tuesday. (many more)    
  • SBI card elite:- This card is one of the best premium credit cards. The card offers you airport lounge access and it also gives you a welcome gift voucher. This card is best suited for who loves to go to movies and people who travel often.
Sr. no.           Features and benefits Joining fee Annual fee
1 You will get free movie tickets worth Rs.6,000 every year. Rs 4,999  + tax Rs 4,999 +tax
2 You will get a complimentary membership to Club Vistara Silver. (many more)
  • Mumbai Metro SBI card:-This card is made especially for those who travel and shop often. This card gives you the facility to buy anything and pay off in monthly instalment. By using this card user can pay a bill like telephone bills electricity bills.
Sr. no.        Features and benefits Joining fee Annual fee
1 As soon as the balance reaches Rs. 50 users will get an auto top-up of Rs. 200 in the smart card. Rs 499 Rs 499 (one time)
2 on the transaction amount between Rs. 500 to Rs. 3,000 across all the petrol pumps Customers can enjoy a 1% fuel surcharge waiver
3 On dining, movies, grocery, and on other categories customers can earn 10 reward points per Rs 100 spent.
4 On annual spends of Rs. 1,00,000, user can enjoy annual membership fee reversal from the second year of subscription and annual membership fee reversal. (many more)
  • Yatra SBI credit card:- This card provides various gifts, fuel surcharge waiver. This card is especially for the frequent traveller. If a user spends on groceries, dining, and movies then they get 6 rewards on every Rs 100 spent.
Sr. no.        Features and benefits Joining fee Annual fee
1 On joining, the card holder can enjoy Yatra.com vouchers of Rs. 8,250. Welcome vouchers will be dispatched on payment of a 1st-year annual fee Rs 499 +tax Rs 499 (from the second year)
2 On payment of a 1st-year annual fee, welcome vouchers will be dispatched.
3 From paying a 1% fuel surcharge across all petrol pumps cardholder can enjoy freedom. Maximum surcharge waiver of Rs. 100 can be availed monthly
4 Rewards and Points. (many more)
  • SBI card prime:- In this card users don’t have to hand over the card for purchase they have to simply wave the card at the reader. By using this card we can withdraw cash from 1 million visa ATMs worldwide. You can use a lower rate of interest and pay off in EMIs by transferring the balance of other bank accounts to the SBI card.
Sr. no.              Features and benefits    Joining fee     Annual fee
1 You can Avail EMI for your travel bookings made on Goibibo, Cleartrip, and Yatra.com., you will get discounts on hotel, flight, and bus bookings on EaseMyTrip with your SBI PRIME credit card. Rs 2,999 Rs 2,999 (from the second year)
2 On a minimum transaction of Rs.300 cardholder can enjoy a discount of 20% on Zomato.
3 On retail purchases you can enjoy 2 reward points for every Rs.100 spent and Reward points can be redeemed to pay your outstanding amount.(many more)

ICICI Bank Credit Card:- ICICI bank gives you a different number of cards to full fill your needs.

  • ICICI Bank Coral Contactless Credit Card:- This credit card gives you many benefits like a discount on dining and free movie tickets.
Sr. no.          Features and benefits Joining fee Annual fee
1 One can enjoy a discount worth 15% on dining bills. Rs 500 +GST Rs 500 +GST(for the first year)
2 With your ICICI Bank Coral Contactless Credit Card, you can book airline tickets and enjoy complimentary visits to airport lounges.  
3 You can buy one movie ticket and get one free from www.bookmyshow.com.  
4 Users can bag up to 10,000 additional reward points every anniversary year.  
5 On joining, you will get a complimentary tie worth Rs.999 from Provogue. It will be delivered to you within 30 working days. (many more)  
  • ICICI Platinum Chip-Visa credit card:- It gives you benefits in dining and fuel.
Sr. no.          Features and benefits Joining fee Annual fee
1 By spending on utilities and insurance cardholder can earn 1 PAYBACK Point per Rs.100 spent.  2 PAYBACK Points can be earned per Rs. 100 Spent on retail Rs  199 +tax Rs  99
2 At over 2,500 restaurants you can save up to 15% on their dining bill.
3 If a user spends over Rs. 50,000 annually, the cardholder can get their annual fee reversed. (many more)

•    MakeMyTrip ICICI Bank Signature Credit Card:- This card is for those who prefer luxurious travelling.

Sr. no.            Features and benefits Joining fee Annual fee
1 This card offers you the best dining experience for its users. And the card can be produced at 2,500 plus participating hotels in 12 major cities in the country. Rs 2,500 Nil
2 You can use the card for accessing railway lounges for free.
3 The cardholder also gets unlimited paid lounge visits.
4 On the MakeMyTrip platform, you can get 1 Ola ride free after every 5 paid Ola rides. This offer holds valid only for the rides booked on the Ola application and is unrestricted for the card users. (many more)
  • Manchester United Signature Credit Card:- This card is basically for football lovers cause it is the best card for Manchester United Football Club Fans.
Sr. no.           Features and benefits Joining fee Annual fee
1 On the www.bookmyshow.com website, user can get one free movie ticket when they book another one. This work on ‘first-come-first-serve’ basis and also the availability of tickets. You can get up to 2 free movie tickets every month worth up to Rs.300 per ticket. Rs 2499 Rs 2,499 +GST(from second year)
2 On fuel expense, this card offers a complete waiver of 1% surcharge every time you refuel. This offer is valid for transactions of up to Rs.4,000.

Note:- The waiver is only applicable when the transaction occurs in Hindustan Petroleum Corporation Limited (HPCL) outlets only. (many more)

 

 

 Axis Bank Credit Card:- Axis bank gives you a wide range of credit cards for you to choose. There is some list of the credit card to find the suitable one for you.

  • Axis bank vistara credit card:- This card made for those who travel frequently. The cards offer you many benefits like lounge access and reward on Airline tickets. The cardholder can enjoy an interesting free credit period of 20 to 40 days but it depends upon the date of transaction.
Sr. no.              Features and benefits Joining fee Annual fee
1 Cardholder will get a free Vistara economy class ticket. They will also be enrolled in the Club Vistara Membership Program Rs 1500 Rs 1500
2 Over 5,000 Restaurants in India cardholder can get a 15% discount.
3 At selected airports across India cardholder will get free access to airport lounges.
4 Depending on the date of the transaction, a cardholder enjoys an interest-free credit period of 20-50 days. (many more)
  • Axis bank vistara signature credit card:- This credit card is specially designed for those who travel frequently through Airline. The user gets welcome gifts, discounts at premium golf clubs and free access to airport lounges.
Sr. no.            Features and benefits Joining fee Annual fee
1 A Vistara Signature Credit Card entitles a user to a Silver Membership of Club Vistara along with benefits such as dedicated check-in and excess luggage allowances. Rs 3000 Rs 3000  (from 2nd of card membership)
2 User can receive up to 15% discount at restaurants which are tied with Axis Bank Dining Delights.
3 User can get 4 CV Points on every transaction above Rs.200 using the credit card. User can purchase a range of products and

Services listed by the bank by redeeming these points.

4 You can earn 3,000 CV points on transactions amounting to Rs.75,000  during the first 3 months of card membership.
5 In the case of payments exceeding Rs.2,500, repayment mode can be changed into Equated Monthly Income (EMI). (many more)
  • Axis bank vistara infinite credit card:- This card provide many facilities that make travel beneficial and luxurious.
Sr. no.           Features and benefits Joining fee Annual fee
1 For every Rs.200 spend cardholder can earn 6 Club Vistara reward points. For every Rs.100 that you spend at the official vistara website, you can earn 10 Club Vistara reward points. Rs 10,000 Rs 10,000 Rs (from the second year)
2 At any of this credit card partner restaurant offers you a minimum discount of 15%.
3 This card gives you liability protection on the lost card for Rs.3 lakh. (many more)

PNB Credit Card:- Punjab national bank is also a good option for the credit card. This bank also gives you various benefits and rewards. some options for PNB are listed below. If your card lost or stolen, or fraudulent transaction you can call 24-hours PNB Credit Cards customer helpline number 1800 180 2345 or 0120 – 4616200 and email to creditcardpnb@pnb.co.in and get your credit card hot-listed.

  • PNB Rupay selected credit card:- By using this card you will get cashback on paying bills like electricity bill and telephone bill etc. in this card every time concierge services are provided.
Sr. no.         Features and benefits Joining fee Annual fee
1 If the card is used once in a quarter, the annual fee will be waived off. Rs 500 Rs 500
2 On the first usage, you will get 300+ Reward Points.
3 On purchasing retail merchandises, users get 2X Reward Points.
4 Cardholder will get Complimentary international and domestic lounge access.
5 On utility bills, restaurants, and eateries user can get Exclusive cashback.
6 User will get comprehensive insurance coverage. (many more)
  • PNB Rupay Platinum Credit card:- This credit card gives you comprehensive insurance coverage. This card always concierge services are provided.
Sr. no.                 Features and benefits Joining fee Annual fee
1 The PNB Global Platinum Credit Card is flexible for any purpose like shopping, dining, travel, railway ticket bookings and also for refuelling. 500 Rs Nil (if the card is used at least once in a quarter)
3 In case of loss of credit card cardholder should be immediately reported to the 24*7 customer care centre, PNB will provide you with the lost card liability protection for all kinds of fraudulent transactions occurring after that.
4 On the Visa bill pay, user can easily pay their mobile/telephone bills and electricity bills. (many more)
  • PNB global gold card:- This card can be used in many-objective like shopping dining and many more. Every time the user spent Rs 100 user earns a reward point. Users can pay bills from credit card through the official website of PNB.
Sr. no.                    Features and benefits Joining fee Annual fee
1 User can use this card in any part of the world and is accepted at all ATMs in India and around the world, and this card is also used for making payments at any merchant outlet globally. Rs 300 Rs 300
2 For every Rs.100 spend With a PNB Global Gold Credit Card, you will get 1 reward point, and these reward points can be redeemed to avail attractive offers from the bank’s rewards program.    
3 When cardholder spends Rs.2500 and above on a single transaction, then they can use the EMI facility offered by the bank, and if a user wants to use this facility, they have to request for this within 10 days of the purchase and they can repay the sum in monthly instalments within 6 months.    
4 Cardholders can easily pay off their utility bills such as phone bills, electricity bills by using this card. (many more)    
  • PNB global classic card:- In this card, Every time the user spent Rs 100 user earns a reward point and the user can also redeem their reward. This card is used for dining and shopping and travelling abroad or in India.
     Sr. no.               Features and benefits  Joining fee Annual fee
1 User can avail a discount on Foods & Beverages at Sarovar Hotels, worth 10%-25% by using your PNB Global Classic Credit Card. Nil Nil
2 If the user wants to print their photo on credit card they can choose an option to imprint their photo on their credit cards. By choosing this facility user will get better security and easy recognition at merchant outlets.
3 For fuel transactions worth Rs. 400 to Rs. 3000, the PNB Global Classic Credit Cardholders can enjoy a fuel surcharge waiver.
4 On railway ticket purchases credit cardholders can avail a waiver of 2.5% at railway counters and 1.8% at IRCTC websites and enjoy surcharge waivers. (many more)

HSBC Credit Card:- HSBC credit card gives you 4 credit cards which design for the suit on your need. HSBC gives many different-different types of benefits including reward and points. The credit cards of HSBC listed below:-

  • HSBC Visa Platinum Card:- This card of HSBC is the best option for those who love dining, and buy a movie ticket, and fuel purchase. The interest rate is 3.3% per month. This card has a zero liability for card lost and this card has a facility of emergency card replacement.
Sr. no.             Features and benefits       Joining fee       Annual fee
1 On every Rs.150 spent on all retail purchases, you can earn 2 rewards points. Reward points can be redeemed for a wide range of redemption options like gifts, vouchers, airline miles, donation. Nil Nil
2 On spending of Rs.50,000 or more in a calendar month, you can win a free entertainment ticket voucher worth up to Rs.500, and maximum Rs.3,000 vouchers can be availed per cardholder in a year.    
3 The cardholder can avail up to 15% discount at select restaurants in your city by HSBC’s Simply Indulge dining program.    
4 On fuel transactions, user can enjoy surcharge waiver between Rs. 400 to Rs.4,000 and it is valid at all petrol pumps across India. The maximum waiver is capped at Rs.250 per month.    
5 If your card is lost you can Report the loss of the Credit Card within 24 hours and remain zero liable for any fraudulent transactions. (many more)    
  • HSBC Smart Value Credit Card:- This card is for those who want to earn rewards and save money. You earn a reward for every 100 Rs spent. This card offers you a welcome gift in the form of swiggy voucher and gaana subscription.
  Sr. no.               Features and benefits  Joining fee  Annual fee
1 Cardholder will get a welcome gift to avail this welcome gift you have to use this card to make a purchase within 30 days of card issuance and you will get a Cleartrip voucher worth Rs.2,000. You can get a 10% cashback on spending amount by Making a minimum of 5 purchase transactions of total worth Rs.5,000 or more within the first 60 days of card issuance. The vouchers will be sent to you within 60 days after completing 30 days from card issuance. Nil 499 Rs
2 On every Rs.100 spent on the card, you can earn 1 reward point.

You can earn 3X reward points on online shopping, telecom relate and dining with a maximum of 1,000 points per month. (many more)

  • HSBC Premier Mastercard Credit Card:- This card can be good for HSBC premier customer who wants to earn rewards without paying a lot of annual fees. This card also gives you perks of a signup bonus.
Sr. no.            Features and benefits Joining fee Annual fee
1 In the form of Amazon gift vouchers cardholder can receive welcome offers from worth Rs 7500, for a purchase value of Rs 1000 within the first two months of card issue. Nil Nil
3 Using the internet banking facility Cardholder can access their credit card accounts from any corner of the globe, and HSBC also provides you 24*7 customer service to cardholders for any queries related to their card accounts.  
4 At any branch of HSBC Cardholders can also request emergency card replacements and emergency cash, across the world. This task will be done within 24 hours. (many more)  

RBL Bank Credit Card:- RBL credit card offers you a wide range of credit card which offers you various benefits and offers. There are some options for you to choose from.

  • Platinum value plus Supercard:- with The Platinum value plus SuperCard you can enjoy your high saving especially in fuel, voucher, and rewards.
  Sr. no.             Features and benefits    Joining fee     Annual fee
1 Cardholder has a facility to divide electronics, furniture, clothes bills into EMIs 499 Rs 499 Rs ( from the second year)
2 Once a year you can convert your available cash limit into a Personal Loan for 3 months at no interest. (Processing fee of 2.5% applicable, min Rs. 500)    
3 From all ATMs in India, you can enjoy unlimited interest-free withdrawal of your available cash limit up to your billing date, the maximum period of 50 Days. (Processing fee of 2.5% applicable; min Rs. 100)    
4 At no extra cost, you can enjoy the freedom and power to fill your vehicle’s fuel tank at any place, and you can get a fuel surcharge waiver of up to Rs. 100 per month. (many more)    
  • RBL bank cookies credit card:- RBL bank cookies credit card gives you pass and rewards on movies, cab ride, dining and many more.
     Sr. no.           Features and benefits  Joining fee    Annual fee
1 On spending per Rs.100 (offline) you will get 1 Reward Point(not including fuel transactions) and 2 Rewards Points per Rs.100 spent online. Rs 500 Rs 500
2 On offline spending of Rs.12,000 per month, you will get 1,440 Rewards Points and 4,320 Rewards Points on online spending of Rs.18,000 per month.    
3 For transactions between Rs.500 and Rs.4,000 cardholder can enjoy fuel surcharge waiver up to Rs.150 per month.    
4 This credit card gives an Amazon Pay gift card worth Rs.500. (many more)    
  • Platinum advantages SuperCard:- Platinum advantages SuperCard offer you a wide range of benefits and credit card services. This card offers you a discount on a movie ticket and rewards on all spends and more.
    Sr. no.             Features and benefits Joining fee Annual fee
1 Once a year user can convert up to their available cash limit into a Personal Loan for 3 months at no interest. (Processing fee of 2.5% applicable; min Rs.500) Rs 499  +GST Rs 499 +GST(from the second year)
2 From all ATMs in India user can enjoy Unlimited interest-free withdrawal of your available cash limit up to your billing date; maximum period of 50 Days.    
 

3

 

 

 

For every Rs. 100 spend You will get 1 Reward Point, and on Grocery spend (Maximum = 1,000 Reward Points in a month)

get 20X Reward Points,and get 10X Reward Points on Fuel spend (Maximum = 1,000 Reward Points in a month)

   
4 At no extra cost, you can enjoy the freedom and power to fill your vehicle’s fuel tank at any place. (many more)    
  • Corporate card:- By using the Corporate card you can manage all your organization expenses and it is designed for you to save your time and efforts.
   Sr. no.               Features and benefits     Joining fee    Annual fee
 1 Enjoy up to 50 days of Interest-Free Credit    
3 You will get complimentary lost Card Insurance up to 2 Lakhs    
4 You will get a facility of emergency Card replacement    
5 Global Acceptance. (many more)    
  • RBL bank etmoney loanpass:- RBL bank etmoney loan pass credit card provides you with the benefits of personal loan and credit card together. By using this card you can get money whenever you need it and you can access the money any time on mobile.
Sr. no.       Features and benefits  Joining fee  Annual fee
1 User can transfer loan anytime and payback with the convenience of EMI options, and from the ETMONEY app, you can also easily convert your Card spends into EMIs. Nil 499+GST(from the second year)
2 By using the ETMONEY app User can repay in a few days or months. It’s flexible.    
3 On spends of Rs. 10000 or more within 60 days of Card setup you will get 1000 bonus Rewards Points and you can earn 1 Reward point on every Rs. 100 you spend and redeem points for products you love at www.rblrewards.com    
4 If you will buy a movie ticket then you will get another free movie ticket (Up to Rs.200/-) on BookMyShow once a month for Wednesday shows.    
5 for fuel transactions between Rs. 500 and Rs. 4000 you will get a waiver of fuel surcharge up to Rs. 100 a month. (many more)    

American Express Credit Card:- American Express credit card gives a various number of benefits and rewards in dining and shopping. There is some option for you to look before you make any decision.

  • American Express membership rewards credit card:- This card offers you a unique reward program and these rewards can be redeemed.
   Sr. no.             Features and benefits  Joining fee  Annual fee
1 Within the first 90 days of card issuance, you can spend Rs.25,000 and earn 2,000 bonus membership reward points. Nil Rs 1500
2 The card will bring you 1 membership rewards point on every Rs.50 spent, and fuel transactions, insurance payments, utility bill payments, and cash withdrawals are not eligible for reward points

Use your card 4 times on transactions of Rs.1,000 every month to earn 1,000 Bonus Membership Rewards Points

3 The card comes with the facility for cardholder to convert their total spends or big-ticket purchases of Rs.5,000 and above into easy monthly instalments with the American Express EMI facility.
4 If the user loses their card, your liability will be nil after reporting the loss.
5 For fuel transactions valued less than Rs.25,000, you can enjoy 0% fuel surcharge at HPCL stations across the country. (many more)
  • American Express platinum reserved credit card:- This credit card for those people who cherish luxury in every aspect of life. This card offers you benefits in many aspects like dining, lounge access and many more.
Sr. no.                  Features and benefits     Joining fee  Annual fee
1         Every year with the Platinum Reserve Credit Card user will get multiple movies and online shopping vouchers, and you enjoy the special privilege of complimentary access to airport lounges. Rs 5000 +tax Rs 10,000+tax
2 Over 150 restaurants, bars, and spas of the Taj Hotels Palaces Resorts Safaris, the user will get The Taj Epicure Plan offers valuable rewards and benefits.  
3 Every Rs.50 spent on the card user gets 1 membership Rewards Point except for spends on fuel, insurance, utility payments, and cash withdrawals.  
4 From premium health brands like Max Healthcare, Fortis Healthcare, and Texas Medical Concierge you can avail special discounts on healthcare packages.  
5 Once the card is lost or stolen user will remain 0% liable on all the transactions that take place on the card. However, the loss needs to be reported within 3 (working days) of the incidence. (many more)  
  • American Express Platinum travel credit card:- This card is the best option for those people who travel often. This card will provide you several benefits in travelling and will make your journey enjoyable.
 Sr. no.                   Features and benefits  Joining fee   Annual fee
1 Cardholder will get 4 complimentary airport lounge visits per year to 11 airport lounges in Mumbai, Bangalore, Delhi and 9 other cities in India. Rs 3,500 Rs 5000
2 Through the American Express Selects Dining Programme, user can avail up to 20% discount at select premium restaurants, multi-cuisines and others.
3 Any big purchase of Rs.5,000 and above the user can convert in easy monthly instalments (EMI) through American Express Pay-in-parts facility.
4 If the card is lost or stolen, the user will get 0% liable for any fraudulent transactions that may happen on the card after reporting, and loss before reporting is limited to a maximum of Rs.1,000. (many more)

IDBI Bank Credit Card:- This bank offers you two credit card with a lot of benefits and rewards this card is globally accepted and protected with enhancing security features.

  • Royale Signature:- The Royale Signature Credit Card is the best option for those who live a luxurious lifestyle. This credit card brings you the best services. The IDBI Royale Signature Credit Card will give you enhanced security features like the EMV chip and PIN.
   Sr. no.          Features and benefits Joining fee    Annual fee
1 You will get a free insurance cover of Rs. 25 lakhs against air travel accidents. Nil Rs 1499
2 This credit card is accepted at more than 9 lakh merchants in India and more than 29 million merchant outlets all over the world.
3 If your card is lost or stolen, contact IDBI Bank and report it on their customer service helpline, once you have reported the loss of card, you will not be liable to any fraudulent transactions on the card.
4 For every Rs. 100 spent, you can earn 3 reward points. So go ahead and enjoy shopping, travelling, dining out, and watching movies with your IDBI Royale Signature Credit Card. (many more)
  • Aspire Platinum:- By using this card you can reward every time you spend. You will earn reward points on dining, shopping, movies and more, and you can redeem your points for cashback. You will Enjoy low annual fees, long interest-free periods and low rates of interest.
Sr. no.         Features and benefits    Joining fee    Annual fee
1 For every Rs. 150 spend You can earn 2 points, So enjoy watching movies, dining out and shopping with your IDBI Aspire Platinum credit card. Nil Rs 499
2 This card also provides cardholder concierge services for any travel-related issues.    
3 If you lose your credit card or it is stolen then report it immediately to IDBI. Any fraudulent charges on your credit card after you report the loss will be covered by IDBI.(many more)    

CITI bank Credit Card:- CITI bank gives you a wide range of credit card with a huge amount of benefits and rewards.

  • CITI reward credit card:- CITI reward credit card gives you rewards and point features you can redeem your point for fuel and save money.
Sr. no.             Features and benefits Joining fee Annual fee
1 For every Rs 125 spent at Apparel & Department Stores, you can earn 10 Reward Points, and you can

Pay with your Reward Points when you shop at over 700 outlets and e-shopping sites.

Nil Nil
2 For a maximum of up to 3 add-on cards, you will get a bonus of 500 Reward Points, and you will get 1000 bonus points on quarterly spends of Rs. 1,00,000 or more.    
3 You will get Bonus Reward Points. (many more)    
  • Citibank cash back credit card:- Citibank cashback credit card is a good option for the people who want to earn rewards and points. You can avail special EMI offers on a variety of products online as well as at stores.
    Sr. no.                 Features and benefits    Joining fee     Annual fee
1 Cashback of 5% at any kind of utility bill payment, which will also have a cap of Rs.100 per month, and on any other type of purchase, cardholder will be entitled to a cashback of 0.5%. Nil 500 Rs (for the first month and will increment from the second year.)
2 You will be entitled to receive various discounts and offers in various stores that are partnered with the bank.
3 For various products at various electronic stores, shopping outlets, retailing chains, customers will receive privileges on EMIs as well as online shopping. (many more)
  • CitiBank premier miles credit card:- The Citibank Premier Miles credit card gives you many offers and benefits like complimentary air travel along with access to airport lounges and more.
   Sr. no.                Features and benefits    Joining fee  Annual fee
1 Air Miles can be easily tracked using SMS and through the Citibank web portal, you have to send SMS REWARDS ‘XXXX’ to 52484 or 9880752484 to know your reward points balance anytime. (XXXX indicates last 4 digits of your credit card number). Nil Rs 3000
2 By making purchases at select travel partners including goibibo.com, IndiGo, makemytrip.com, and yatra.com rewards and points can be instantly redeemed.
3 Spent Rs.100 on the card for booking flights and hotels at PremierMiles website You can earn 10 Miles.
4 On the PremierMiles website and with select partners you can redeem miles for flight tickets across 100+ airlines. (many more)
  • Indian oil Citi platinum credit card:- Indian oil Citi platinum credit card has a tie-up with Indian oil this card is especially for those people who use vehicles on a daily basis.
    Sr. no.             Features and benefits  Joining fee  Annual fee
1 You can enjoy contactless payment facilities at terminals which accept contactless cards. Nil 1000 Rs ( zero if annual spends are above 30,000)
2 User can save up to 15% at selected restaurants with Citi’s dining privileges.
4 You can enjoy a complete waiver on fuel surcharge. (many more)

Bank of Baroda credit card:- Bank of Baroda offers you credit card which is based on your basic need. There are a lot of benefits and offers to look for.

  • Bank of Baroda Premier Credit Card:- This card is the best option for the people who shop frequently. This card will provide you with great rewards and benefits at a low annual fee.
    Sr. no.                Features and benefits   Joining fee  Annual fee
1 On card activation, you can get 2,000 bonus reward points.  Rs 1000 Rs 1000
2 You can Get 24×7 Concierge Services.
3 You can Redeem your reward points against exciting gift vouchers and more.
4 For every Rs 100 spent across all categories, you can earn 2 Reward Points.
5 Get the joining fee reversed by spending Rs 10,000 within 60 days of card activation. (many more)
  • Bank of Baroda Select Credit Card:- Bank of Baroda Select Credit Card provides you benefits on online shopping, dining spends, utility bill payments, fuel purchases, and etc. the Select Credit Card provides better value for all the purchases made using the card By giving bonus rewards every month.
     Sr. no.            Features and benefits     Joining fee Annual fee
1 If you spend Rs 7,500 within the first 60 days of card issuance You will get the joining fee of Rs 750 reversed. 750 Rs 750 Rs
2 For gift vouchers and more, you can redeem the accumulated reward points.
3 For every Rs 100 spend when you use the card to make a payment towards dining and online shopping with a maximum cap of 1,000 points you can earn 5 Reward Points.
4 For every Rs 100 spent across all categories earn 1 Reward Point. (many more)
  • Bank of Baroda Easy Credit Card:- Bank of Baroda Easy Credit Card comes with a lot of benefits and features that give you many rewards and points. Cardholders can avail joining fee reversal and annual fee waiver facility.
    Sr. no.           Features and benefits Joining fee Annual fee
1 For every Rs 100 spent on your card, you can earn 1 Reward Point. 500 Rs 500 Rs
2 Get 0.5% cashback in your statement by paying your outstanding bill in full.
3 On spending INR 6,000 in the first 60 days you can get your joining fee reversed.(many more)

Difference between a Credit Card and Debit Card

A debit card is used for cash withdrawal and the amount is deducted from your bank account. With a credit card, users borrow money from the financial institution. When you purchase something using credit card amount is not deducted from your checking account, the purchase is charged to a line of credit for which they billed later.

What is Credit Score?

A credit score is the most important thing in credit history. This is a three-digit number which tells lenders how likely you are to be pay. Banks use credit scores when you apply for any loan. Score typically ranges between 300 to 900. The higher your score, the better your score will be considered. The credit score above 740 gives you the best interest in money you borrow and below 620 prohibited you to borrow any money.

What is FICO score:- A FICO score is one of the types of credit score which is created by the Fair Isaac Corporation. FICO score focuses on five things

  • Hour payment history
  • How much you own
  • How long you have credit
  • Types of credit you use
  • New credit history

They check how recently and frequently you have a negative record and this direct impact on your credit score. The information of Consumer discloser, employment and insurance don’t count against you. Whenever you apply for credit there is a good chance that your lender checks your FICO score so it is important to understand your FICO score.

What is credit history?

Credit history is a report of repayment of debts. It defines the ability of repayment of debts. There are some which is included in credit history like how many credit card user has and types of credit account, How long each account has been open, how much amount is Amount owed by the user, how much amount is used of available credit, is bills paid on time. It also contains information like is the consumer has any bankrupt.

What can affect your credit score:- Basically there are the most important five factors that affect your credit score

  • Payment history(35%)
  • Credit utilization(30%)
  • Credit history(15%)
  • Credit inquiries(10%)
  • Types of credit used(10%)

How to manage credit cards spends:-

  • The best way to manage the credit card spends is to keep your utilization low because it shows how is the relationship between credit card balance and your spending limit.
  • You should pay your credit card bills in time to avoid interest charges.
  • If you have a credit card which gives you a reward then you should use any cash reward to put into your account or deposit into saving the account.

Set a strict monthly spending limit within your budget it will prevent you from extra spending and help you to increase your credit limit.

Best way to improve your credit score:-

  • The best way to improves your score is to make sure you pay off your bill on time.
  • The second most important thing in improving your credit score is your utilization. It means how much your credit you are using or spending right now.
  • Don’t close credit card which is not being used unless they are not costing you an annual fee, because closing an account can increase your credit utilization ratio.
  • Verify that your and account is correct because one little mistake can drag your score low.

Top visa credit card lists in 2019:-

  • Axis Bank Neo Credit Card
  • Jet Airways Bon Voyage IndusInd VISA Card
  • IRCTC SBI Platinum Card
  • SBI Card ELITE
  • SBI Card PRIME
  • Air India SBI Platinum Card
  • Air India SBI Signature Card
  • Citi Rewards Card
  • IndianOil Citi Platinum Card
  • HSBC Smart Value Card