Nowadays, credit cards have become a convenient means of monetary transactions in India. There is a trend among most of the Indians, especially the youth to take a credit card. When it comes to the varients of the credit card, one can observe much diversity. The best credit cards issued by the leading banks in India are mainly given to creditworthy customers. The top credit cards provide several conveniences and different rewards. Here, you can get brief information regarding the best credit cards.
Features of top 10 best credit cards
The features of the top ten best credit cards are mentioned here in an easily graspable manner. On desiring to take a good credit card anytime soon, you can go through the following article. Here, some standard and premium cards are mentioned along with their features:
ICICI Bank Platinum Chip Credit Card
The ICICI Bank issues the Platinum Chip credit card that provides a number of rewards to the holder. You can get this card on having a high credit score. Thus, it is very important to maintain a transparent credit score and a transparent report. The annual fee and renewal fee are INR 199 and 99 along with GST.
You can get the convenience of redeeming reward points. You can also get 2 payback reward points when it comes to spending different commodities expect fuel. In case of utility bills, you can get 1 payback reward point. There are some outstanding rewards in case of flooding as the cardholder can avail it easily.
SIMPLY CLICK SBI Card
Online shoppers can make the most of the SIMPLY CLICK credit card. It can be a wise decision to maintain this credit card if your financial condition is outstanding. The annual and renewal charges are Rs. 499+499 along with the GST on both.
On credit purchasing exceeding Rs.1 Lakh in a year, the cardholder can get back Rs. 499 as the annual fee is waived. The SIMPLY CLICK SBI credit card allows you to have 5X reward points on any credit purchases on any brand. The reward points elevate up to 10X when the brand you shop from is the partner of the SBI.
HSBC Platinum Credit Card
The HSBC Platinum credit card is one of the most rewarding credit cards in the market. The best fact for this credit card is that it does not have any annual or maintenance fees. You can also get reward points to up to 3X of your credit expenses on hotels and telecoms. You can also grab a tax voucher of up to Rs. 2000 from Cleartrip as you make the first transaction.
So, it is clear that the HSBC Platinum Credit Card can prove to be the best for travelers. You can approach the HSBC Bank if you need to travel a lot.
HDFC Freedom Credit Card
The HDFC Freedom Credit Card comes with a first-year maintenance fee of Rs. 500. You can get 5X rewards on each credit purchase in case of the grocery, railway and taxi bookings. On spending a total amount of Rs. 90,000 in a year, you can get a cashback of Rs. 10,000. The HDFC Freedom Credit Card gives you exciting reward points on your birthday. This is the reason why you can plan of making credit expenses on your birthday.
With this credit card, you can purchase commodities from the SmartBUY and PayZapp. So, this can be one of the most comfortable premium credit cards to use.
Yatra SBI Credit Card
The Yatra SBI Credit Card is one of the leading travel cards in the market. It provides the user with outstanding travel rewards. You have to pay the issuer bank Rs. 499 as the annual fee for the credit card. You can get a large number of conveniences while owning a Yatra SBI Credit Card. As a welcome gift, you can get a decent gift of Rs. 8250. If your total credit expense reaches Rs. 90000 in a year, you can get your annual fee waived. In the case of daily expenses in different sectors, you can get 1 reward point on every Rs. 100 expense.
Standard Chartered Manhattan Platinum Credit Card
The Standard Chartered Manhattan Platinum Credit Card can be the best pick for the credit card users seeking convenience both for shopping and dining. This is a premium credit card with both annual and maintenance fee of Rs. 999. GST will be also imposed on the credit card. BookMyShow gives you the voucher of Rs 2000 if you make your first credit expense within 90 days from issuing the credit card. When holding the Standard Chartered Manhattan Platinum Credit Card, you can get 5% cashback on supermarket expenses.
SBI Card Elite
The SBI Card Elite is one of the expensive cards issued by the banks for the most dedicated customers of the bank. This card is prominently expensive as the annual and the renewal fee is Rs. 4999 each. Apart from outstanding gift vouchers in a month in the form of movie tickets, you can make expenses of Rs. 3 Lakh and 4 Lakhs per annum where you can get Rs.10000 cashback. Moreover, you can get 2 reward points on every credit expense in any commodity expect fuel.
IndianOil Citibank Premium Credit Card
The IndianOil Citibank Premium Credit Card can be the best option for a person who has much fuel expenses. You can take this card on having a decent income because of both the annual fees and renewal fees are Rs.1000 over which a certain percentage of GST will be imposed. This card can deliver you with up to 71 liters of free fuel as per your turbo points. The best part of the turbo points on the credit card is that it does not get expired. You can always get the cashback from them.
IndusInd Bank Platinum Credit Card
If you are a person leading a posh life, the IndusInd Bank Platinum Credit Card can be the convenient pick for you. There are no annual fees for this credit card but you can only take it if you have an outstanding credit card. The reward points for this card is 1.50 on every expense of Rs. 150. You will also be able to get outstanding shopping and travel conveniences. Many leading brands are tied up with the IndusInd Bank that can give you these discounts. The travel allowances are outstanding too in case of these cards.
The American Express Membership Rewards Credit Card
The Membership Rewards Credit Cards are provided to the credit card users who have a long history of using them. The annual and renewal fee for the credit cards are Rs.1000 and Rs. 4500 respectively. You can get this credit card only if your credit score is outstanding.
Make sure you make high expenses with this card to fetch the outstanding rewards it delivers to you. This credit card can give you 4000 bonus points when taking it. This credit card can give you the opportunity to purchase gold. Moreover, you can get a 20% discount on selected restaurants in India.
So, these are the top 10 best credit cards of the present time. However, if you are new to using credit cards, try not to approach these cards as the chances of availing them would be less.