19 May 2025

Best Credit Cards

The top 20 premium credit cards with chip and contactless payment, offering travel rewards and cashback benefits on a sleek dark background.

Picking the perfect credit card can feel like chasing a dream. Who doesn’t want a card! “ that showers you with rewards, cashback, discounts on favorite brands, and perks like airport lounge access, railway lounge passes, or even free golf lessons? ”Ideally, we’d love all these goodies without a hefty annual fee. But let’s be real—card issuers can’t pack so many benefits into a free or low-cost card without cutting corners somewhere.

Instead, we created a variety of cards tailored to different lifestyles and spending habits. Whether you’re a frequent traveller, an online shopping enthusiast, or someone who spends big on fuel, there’s no one-size-fits-all “best” card. Everyone’s needs are unique, so finding the right fit means matching a card to your priorities.

To make your search easier, we’ve rounded up India’s top 20 credit cards. Our list covers options for every type of spender—whether you want a budget-friendly card with no annual fee, a premium card loaded with luxury perks, or something in between. From cards that shine for online shopping to those offering fuel savings or travel benefits, we’ve handpicked the best based on rewards, fees, and features.

If you’re ready to apply for a credit card or just unsure which one suits you, this list is your go-to guide. It highlights the cream of the crop in India’s credit card market, helping you find a card that feels like it was made for you. Take a look, compare the benefits, and choose one that aligns with your lifestyle and financial goals.

Cashback SBI Credit Card


SBI credit card with chip and contactless payment, offering travel rewards and cashback benefits

The Cashback SBI Credit Card, offered by SBI Card, is designed for individuals seeking straightforward cashback rewards on everyday spending, particularly online transactions. With a focus on simplicity and instant savings, this card eliminates the need to track or redeem reward points, making it an attractive option for beginners and frequent online shoppers. Below is a comprehensive overview of its product details, rewards, benefits, fees, charges, and pros and cons.

The Cashback SBI Credit Card is a cashback-focused credit card that provides rewards on both online and offline transactions. It is accepted at over 24 million outlets globally, including 3.25 lakh outlets in India, and supports contactless payments via Visa PayWave for quick and secure transactions up to ₹5,000 without a PIN. The card also offers features like balance transfer on EMI, utility bill payments through the Easy Bill Pay facility, and the option to issue up to three add-on cards for family members at no extra cost.

  • Welcome Offer:
    • Earn ₹1,400 in rewards upon card activation, subject to a minimum transaction of ₹100 within 30 days.
  • Global Acceptance:
    • Accepted at over 24 million outlets worldwide, including Visa ATMs for cash withdrawals.
  • Age: Primary cardholder must be between 21 and 70 years.
  • Income: Minimum monthly income of ₹30,000 (salaried or self-employed).
  • Credit Score: A credit score of 650+ with no delayed payments in the past 12 months is recommended.
  • Documents: Aadhaar card, PAN card, driving license, voter’s ID, recent three months’ bank statements, salary slips, or audited ITR for income proof.

The Cashback SBI Credit Card offers a simple and rewarding cashback structure, credited automatically to the cardholder’s account within two working days of statement generation. Key rewards and benefits include:

  • Cashback Rewards:
    • 5% Cashback on Online Spends: Applies to all online transactions without merchant restrictions, capped at ₹5,000 per statement cycle (combined for online and offline spends). Examples include purchases on Amazon, Flipkart, Zomato, Swiggy, Ola, Uber, and travel bookings.
    • 1% Cashback on Offline Spends: Applies to point-of-sale transactions, also capped at ₹5,000 per statement cycle.
    • Exclusions: No cashback on fuel, utility bills, insurance, rent, wallet reloads, merchant EMIs, Flexipay EMIs, jewelry, school/educational services, railways, gift cards/vouchers, or government services (MCC 9399).
    • Automatic Crediting: Cashback is credited to the account and reflected in the next monthly statement, with no redemption fee or expiry.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions between ₹500 and ₹3,000 at any petrol pump in India, capped at ₹100 per statement cycle (exclusive of GST and other charges).

The card comes with a moderate fee structure, with opportunities for waivers based on spending. Below are the key fees and charges:

  • Joining Fee: ₹999 + GST (one-time).
  • Annual/Renewal Fee: ₹999 + GST from the second year onwards, waived if annual spends in the previous year are ₹2,00,000 or more.
  • Finance Charges: 3.75% per month (45% annually).
  • Cash Advance Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.
  • Foreign Currency Markup Fee: 3.5% + GST (approximately 4.13%).
  • Late Payment Charges:
    • ₹0 for dues less than ₹500.
    • ₹400 for dues between ₹500 and ₹1,000.
    • ₹750 for dues between ₹1,000 and ₹10,000.
    • ₹950 for dues between ₹10,000 and ₹25,000.
    • ₹1,100 for dues between ₹25,000 and ₹50,000.
    • ₹1,300 for dues above ₹50,000.
    • Additional ₹100 per cycle if the minimum amount due is unpaid for two consecutive billing cycles.
  • Card Replacement Fee: ₹100–₹250.
  • Other Charges: All taxes are applicable on fees, interest, and charges as per government regulations.

Swiggy HDFC Bank Credit Card


Swiggy HDFC credit card with chip and contactless payment, offering travel rewards and cashback benefits

The Swiggy HDFC Bank Credit Card, a co-branded offering from HDFC Bank and Swiggy, is tailored for frequent Swiggy users and online shoppers. Launched to enhance savings on food delivery, grocery shopping, and dining, this card provides attractive cashback rewards and a complimentary Swiggy One membership. it appeals to food enthusiasts and budget-conscious consumers. Below is a detailed overview of its product details, rewards, benefits, fees, charges, pros, and cons, based on the latest available information.

The Swiggy HDFC Bank Credit Card operates on the Mastercard World platform and is designed for individuals who frequently use Swiggy services (food delivery, Instamart, Dineout, and Genie) and shop online. It supports contactless payments for transactions up to ₹5,000 without a PIN and offers features like Smart EMI for large purchases, up to three complimentary add-on cards, and zero lost card liability upon immediate reporting. The card is available on an invite-only basis through the Swiggy app or HDFC Bank’s channels.

  • Complimentary Swiggy One Membership:
    • A 3-month membership upon card activation, offering unlimited free deliveries, exclusive restaurant discounts, and benefits across Swiggy’s services. Existing Swiggy One members can extend their membership by 3 months. Claim within 2–3 days of activation via the Swiggy app.
  • Age: 21–65 years for salaried and self-employed individuals.
  • Income:
    • Salaried: Minimum monthly income of ₹15,000.
    • Self-employed: Income Tax Return (ITR) of ₹6,00,000 per annum.
  • Nationality: Indian.
  • Credit Score: A score of 750+ is recommended for approval.
  • Documents: Aadhaar card, PAN card, address proof, income proof (salary slips, bank statements, or ITR), and a passport-size photograph.

The card offers a tiered cashback structure, credited as a statement credit since June 21, 2024, replacing the earlier Swiggy Money wallet system. Key rewards and benefits include:

  • Cashback Rewards:
    • 10% Cashback on Swiggy Platforms: Applies to food delivery, Instamart, Dineout, and Genie transactions, capped at ₹1,500 per billing cycle (₹18,000 annually). Minimum transaction value: ₹100. Exclusions include Swiggy Money Wallet, Swiggy Minis, and Swiggy Liquor.
    • 5% Cashback on Online Spends: Covers categories like apparel, electronics, entertainment, home décor, pharmacies, personal care, local cabs (Ola, Uber), pet stores, and discount stores (e.g., Amazon, Flipkart, Myntra, Ajio), based on Merchant Category Codes (MCCs). Capped at ₹1,500 per billing cycle (₹18,000 annually). Gift cards and grocery purchases are excluded.
    • 1% Cashback on Other Categories: Applies to offline and non-excluded spends, capped at ₹500 per billing cycle (₹6,000 annually). Exclusions include fuel, rent, EMIs, jewelry, wallet loads, government transactions, and utilities.
    • Automatic Crediting: Cashback is credited to the card statement within 8–10 days of statement generation, with no redemption fee or expiry.
  • Additional Mastercard Benefits:
    • Four complimentary golf rounds per year (one per month) and 12 annual golf lessons at select locations.
    • Up to 12% off on Agoda bookings and complimentary stays/dinners at select Mastercard partner locations.
    • 1 IndiGo BluChip per ₹100 spent on Swiggy platforms (food delivery, Instamart, Dineout).
  • Joining Fee: ₹500 + GST (waived for lifetime-free offer).
  • Annual/Renewal Fee: ₹500 + GST from the second year, waived if annual spends exceed ₹2,00,000 in the previous year.
  • Finance Charges: 3.6% per month (43.2% annually).
  • Cash Advance Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.
  • Foreign Currency Markup Fee: 3.5% + GST (approximately 4.13%).
  • Late Payment Charges:
    • ₹0 for dues less than ₹100.
    • ₹100 for dues between ₹100 and ₹500.
    • ₹400 for dues between ₹501 and ₹5,000.
    • ₹500 for dues between ₹5,001 and ₹10,000.
    • ₹700 for dues between ₹10,001 and ₹25,000.
    • ₹900 for dues between ₹25,001 and ₹50,000.
    • ₹1,100 for dues above ₹50,000.
  • Third-Party App Charges (effective August 1, 2024):
    • 1% fee (capped at ₹3,000) for rent or educational expenses paid via apps like CRED or Paytm.
    • 1% fee (capped at ₹3,000) for utility bill payments exceeding ₹50,000 per month.
    • 1% fee (capped at ₹3,000) for fuel purchases above ₹15,000 per month.
  • Card Replacement Fee: ₹100–₹250.
  • Other Charges: All taxes are applicable as per government regulations.

First Millenia Credit Card

First Millenia credit card with chip and contactless payment, offering travel rewards and cashback benefits

The IDFC FIRST Millennia Credit Card is a no-annual-fee credit card tailored for millennials, offering accelerated reward points on online and offline spends, along with lifestyle perks. Operating on the Visa platform, it supports contactless payments for transactions up to ₹5,000 without a PIN and provides features like EMI conversion, balance transfers, and UPI-enabled payments via an add-on FIRST Digital RuPay Credit Card. The card is ideal for those who spend significantly on shopping, entertainment, and dining, with additional travel benefits like railway lounge access. It’s marketed as a cost-effective option with a low APR and no hidden charges, making it suitable for first-time cardholders and budget-conscious users.

  • Welcome Benefits:
    • ₹500 gift voucher on spending ₹5,000 within 30 days of card issuance.
    • 5% cashback (up to ₹1,000) on the first EMI transaction within 90 days.
  • Interest-Free Cash Withdrawals:
    • Up to 48 days of interest-free credit on ATM cash withdrawals, subject to a ₹199 + GST fee per withdrawal.
  • Age: 21–65 years for both salaried and self-employed individuals.
  • Income: Minimum net monthly income of ₹25,000 or annual ITR of ₹3,00,000.
  • Credit Score: A score of 750+ with no defaults is recommended.
  • Citizenship: Must be an Indian resident with a permanent address in IDFC FIRST Bank’s serviceable cities.
  • Documents: Aadhaar card, PAN card, address proof, income proof (salary slips, bank statements, or ITR), and a recent photograph.

The card’s rewards program is centered on never-expiring reward points, redeemable for purchases, gift vouchers. Key rewards and benefits include:

  • Reward Points Structure:
    • 10X Reward Points: On incremental spends above ₹20,000 per month and all birthday spends (2.5% reward rate, where 1 RP = ₹0.25).
    • 6X Reward Points: On online spends up to ₹20,000 per month (1.5% reward rate).
    • 3X Reward Points: On offline spends up to ₹20,000 per month and on education, wallet loads, government services, rent, and property management/purchase transactions (0.75% reward rate).
    • 1X Reward Points: On utilities and insurance transactions (0.25% reward rate).
    • Calculation: 1X = 1 RP per ₹150 spent; 1 RP = ₹0.25 for redemptions.
    • Exclusions: No reward points on fuel, EMI transactions, cash withdrawals, or fees/charges. Rent, education, wallet, government, and utility spends don’t count toward the ₹20,000 threshold for 10X rewards.
    • Redemption: Points can be used instantly via “Pay with Points” at select online/in-store merchants or for gift vouchers (e.g., Amazon, Flipkart). A ₹99 + GST convenience fee applies per redemption.
  • Movie Discounts:
    • 25% discount (up to ₹100) on movie tickets via the District app, once per month, saving up to ₹1,200 annually.
  • Dining Discounts:
    • Up to 20% off at over 1,500 restaurants and 15% off at 3,000+ health and wellness outlets.
  • Railway Lounge Access:
    • 4 complimentary visits per quarter (16 annually) at participating railway lounges, ideal for frequent train travelers.
  • Fuel Surcharge Waiver:
    • 1% waiver (up to ₹200/month) on fuel transactions between ₹400 and ₹5,000 across all fuel stations in India.
  • Complimentary Roadside Assistance:
    • Worth ₹1,399, available up to 4 times a year for emergencies like flat tires or towing.
  • Insurance Covers:
    • Personal accident cover of ₹2,00,000.
    • Lost card liability cover of ₹25,000, provided at least one transaction is made in the last 30 days.
  • EMI Conversion:
    • Convert transactions above ₹2,500 into EMIs instantly via the mobile app or OTP page, with tenures of 3–18 months.

The card’s lifetime-free status eliminates joining and annual fees, making it cost-effective. Key fees and charges include:

  • Joining Fee: ₹0 (lifetime-free).
  • Annual/Renewal Fee: ₹0.
  • Finance Charges: 0.75%–3.5% per month (9%–42% APR), among the lowest in the market.
  • Cash Advance Fee: ₹199 + GST per withdrawal.
  • Foreign Currency Markup Fee: 3.5% + GST (approximately 4.13%).
  • Reward Redemption Fee: ₹99 + GST per redemption.
  • Late Payment Charges:
    • ₹0 for dues up to ₹100.
    • ₹100 for dues between ₹101 and ₹500.
    • ₹400 for dues between ₹501 and ₹5,000.
    • ₹600 for dues between ₹5,001 and ₹10,000.
    • ₹800 for dues between ₹10,001 and ₹25,000.
    • ₹950 for dues between ₹25,001 and ₹50,000.
    • ₹1,100 for dues above ₹50,000.
  • Third-Party Charges:
    • 1% + GST (minimum ₹249) on rent and property management transactions.
    • 1% + GST on utility spends above ₹20,000 per billing cycle, capped at ₹3,000.
  • Card Replacement Fee: ₹100–₹250.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

HDFC Bank Millennia Credit Card

HDFC Bank Millennia credit card with chip and contactless payment, offering travel rewards and cashback benefits

The HDFC Bank Millennia Credit Card, available on the Mastercard or Visa platform, is designed for tech-savvy, urban consumers who prioritize online shopping, dining, and occasional travel. It offers 5% cashback on select partner merchants and 1% on other spends, credited as CashPoints redeemable against statement balances or rewards catalogs. The card supports contactless payments for transactions up to ₹5,000 without a PIN, UPI-linked payments, and EMI conversion for large purchases. With features like quarterly milestone rewards and domestic lounge access, it balances affordability with lifestyle benefits. The card is marketed as an entry-level option but requires a higher income threshold than some competitors, targeting salaried professionals and self-employed individuals.

  • Welcome Benefits:
    • 1,000 CashPoints (worth ₹1,000) upon paying the joining fee and making a transaction within 90 days.
  • Interest-Free Credit Period:
    • Up to 50 days, subject to merchant charge submission.
  • Zero Lost Card Liability:
    • No liability for fraudulent transactions if the card loss is reported immediately to HDFC’s 24-hour helpline (1800 266 4332 or 022-61606160 for overseas).
  • Age: 21–40 years for salaried or self-employed individuals.
  • Income:
    • Salaried: Minimum monthly income of ₹35,000.
    • Self-employed: Annual Income Tax Return (ITR) of ₹6,00,000 or more.
  • Nationality: Indian resident.
  • Credit Score: A score of 750+ is recommended for approval.
  • Documents: Aadhaar card, PAN card, address proof (e.g., utility bill, passport), income proof (salary slips, bank statements, or ITR), and a recent photograph.
  • Employment: Minimum 6 months of employment with the current organization for salaried applicants.

The card’s rewards program revolves around CashPoints, which are earned on transactions and redeemable for statement credit (1 CashPoint = ₹1), products/vouchers (1 CashPoint = ₹0.30), or flight/hotel bookings (capped at 50% of booking value). CashPoints expire after 2 years from accumulation. Key rewards and benefits include:

  • Cashback Rewards:
    • 5% Cashback on Partner Merchants: Applies to Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, and Zomato. Capped at ₹1,000 per month (₹20,000 spend limit at 5%). Non-EMI transactions only; excludes gift cards, prepaid card loads, and vouchers.
    • 1% Cashback on Other Spends: Covers all eligible online and offline transactions, including EMI spends and wallet loads, capped at ₹1,000 per month. Exclusions include fuel, rent payments, and government-related transactions.
    • SmartBuy Bonus: Additional 5% cashback (up to ₹750/month) on transactions via HDFC’s SmartBuy portal, but cannot be combined with the 5% merchant cashback (total 6% if SmartBuy is used for partner merchants).
    • Redemption: Minimum 500 CashPoints for statement credit redemption. A ₹50 + GST fee applies for cashback redemption; ₹99 + GST for other redemptions (e.g., vouchers, travel). Monthly caps: 3,000 CashPoints for cashback, 50,000 for travel bookings.
  • Quarterly Milestone Rewards:
    • Spend ₹1,00,000 or more in a calendar quarter to choose between a ₹1,000 gift voucher (e.g., Amazon, Flipkart) or one Dreamfolks airport lounge access voucher (domestic lounges, one visit per quarter, up to 4 annually). Vouchers must be claimed within 60 days of notification.
  • Dining Discounts:
    • Up to 20% off on restaurant bills via Swiggy Dineout (minimum order ₹2,000, valid twice monthly with coupon code HDFCCARDS). Flat ₹200 discount on eligible transactions.
  • Fuel Surcharge Waiver:
    • 1% waiver (up to ₹250 per statement cycle) on fuel transactions between ₹400 and ₹5,000 at any fuel station in India.

The card has a moderate fee structure with a spend-based waiver, but additional charges apply for specific transactions. Key fees and charges include:

  • Joining Fee: ₹1,000 + GST.
  • Annual/Renewal Fee: ₹1,000 + GST, waived if annual spends exceed ₹1,00,000 in the previous year.
  • Finance Charges: 3.6% per month (43.2% APR).
  • Cash Advance Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.
  • Foreign Currency Markup Fee: 3.5% + GST (approximately 4.13%).
  • Rewards Redemption Fee:
    • ₹50 + GST for statement credit redemption.
    • ₹99 + GST for products, vouchers, or travel redemptions.
  • Late Payment Charges:
    • ₹0 for dues less than ₹100.
    • ₹100 for dues between ₹100 and ₹500.
    • ₹400 for dues between ₹501 and ₹5,000.
    • ₹600 for dues between ₹5,001 and ₹10,000.
    • ₹800 for dues between ₹10,001 and ₹25,000.
    • ₹950 for dues between ₹25,001 and ₹50,000.
    • ₹1,100 for dues above ₹50,000.
  • Third-Party Charges (effective August 1, 2024):
    • 1% fee (capped at ₹3,000) on rent payments via apps like CRED or Paytm (from the second transaction per month).
    • 1% fee (capped at ₹3,000) on utility spends above ₹50,000 per month.
    • 1% fee (capped at ₹3,000) on fuel spends above ₹15,000 per month.
  • Card Replacement Fee: ₹100–₹250.
  • Other Charges:
    • ₹100 for cash payments at HDFC Bank branches/ATMs.
    • 1% + GST on railway ticket purchases.
    • 1% + GST on Dynamic Currency Conversion for international transactions.
    • All taxes apply as per government regulations.

Amazon Pay ICICI Bank Credit Card


Amazon pay CICIC Bank credit card with chip and contactless payment, offering travel rewards and cashback benefits

The Amazon Pay ICICI Bank Credit Card is designed for seamless integration with Amazon’s ecosystem, rewarding purchases on Amazon.in and over 100 Amazon Pay partner merchants. Operating on the Visa platform, it supports contactless payments for transactions up to ₹5,000 without a PIN and offers features like No Cost EMI on Amazon purchases, UPI-linked payments, and instant digital card issuance for eligible users. The card is invite-only, accessible primarily through the Amazon app or website, and is ideal for Amazon loyalists seeking cashback without annual fees. Its rewards are credited as Amazon Pay balance, usable across Amazon and partner merchants, with no earning caps or expiry.

  • Welcome Benefits:
    • 3-month complimentary Amazon Prime membership for non-Prime members (post-April 13, 2023 approvals), worth ~₹500, subject to no active Prime trial.
    • Activation benefits up to ₹2,500, including cashback on initial transactions (varies by offer).
  • Lounge Access (New):
    • Spend ₹75,000 between March 26 and June 25, 2025, to unlock 1 domestic lounge access per quarter (July onwards) at partnered lounges.
  • Zero Lost Card Liability:
    • No liability for unauthorized transactions if reported immediately to ICICI’s 24/7 helpline (1860 120 7777).
  • Age: 18–60 years for salaried or self-employed individuals.
  • Income:
    • ICICI Bank customers: Minimum monthly income of ₹25,000.
    • Non-ICICI Bank customers: Minimum monthly income of ₹35,000.
  • Credit Score: A score of 750+ with a clean credit history is recommended.
  • Nationality: Indian resident.
  • Documents: Aadhaar card, PAN card, voter’s ID, or passport for identity; electricity bill, water bill, or ration card for address proof; salary slips, Form 16, or 3-month bank statements for income proof.

The card’s rewards are credited as Amazon Pay balance within 2 working days of the billing cycle’s end, with no minimum redemption amount or fees. Rewards have no earning cap or expiry, enhancing flexibility. Key rewards and benefits include:

  • Cashback Rewards:
    • 5% Cashback for Amazon Prime Members: On all Amazon.in purchases, including flights and hotel bookings (3% for digital products and gift cards). Example: ₹20,000 monthly Amazon spend yields ₹1,000 cashback.
    • 3% Cashback for Non-Prime Members: On Amazon.in purchases, except digital products and gift cards (2%).
    • 2% Cashback on Amazon Pay Partner Merchants: Applies to over 100 partners (e.g., Swiggy, Zomato, Uber) when using Amazon Pay as the payment method.
    • 1% Cashback on Other Spends: Covers all online and offline transactions, including recharges and bill payments via Amazon, except excluded categories.
    • Exclusions: No rewards on fuel, EMI transactions, rent payments, gold/silver/precious metals, or tax-related payments. Effective June 18, 2024, rent payments also exclude rewards.
    • Redemption: Cashback is automatically credited as Amazon Pay balance, redeemable for over 16 crore products on Amazon.in and at 100+ partner merchants. Returns within the same billing cycle debit applicable rewards.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions up to ₹4,000 at all Indian fuel stations, with 5% cashback on the first fuel purchase of the month (minimum ₹2,000, capped at ₹150/month).
  • Dining Discounts:
    • 15% off (minimum) on dining bills at over 2,500 partner restaurants via ICICI Bank’s Culinary Treats program.

As a lifetime-free card, it has no joining or annual fees, but other charges apply for specific transactions. Key fees and charges include:

  • Joining Fee: ₹0 (lifetime-free).
  • Annual/Renewal Fee: ₹0.
  • Finance Charges: 3.5%–3.8% per month (42%–45.6% APR), based on customer behavior.
  • Cash Advance Fee: 2.5% of the amount withdrawn, subject to a minimum of ₹300.
  • Foreign Currency Markup Fee: 3.5% + GST (approximately 4.13%).
  • Late Payment Charges:
    • ₹0 for dues up to ₹100.
    • ₹100 for dues between ₹101 and ₹500.
    • ₹500 for dues between ₹501 and ₹10,000.
    • ₹750 for dues above ₹10,000.
  • Card Replacement Fee: ₹200 (standardized).
  • Other Charges:
    • ₹100 for cash payments at ICICI Bank branches/ATMs.
    • 2% + GST processing fee on EMI conversions for non-Amazon purchases, a hidden cost reported by users.
    • All taxes apply as per government regulations.

Flipkart Axis Bank Credit Card


Flipkart Axis Bank credit card with chip and contactless payment, offering travel rewards and cashback benefits

The Flipkart Axis Bank Credit Card is a cashback-focused credit card operating on the Visa or Mastercard platform, designed for seamless online and offline purchases. It offers accelerated cashback on Flipkart, Cleartrip, and preferred partner merchants like Swiggy, Uber, and PVR, alongside modest rewards on other spends. The card supports contactless payments for transactions up to ₹5,000 without a PIN, EMI conversion for purchases above ₹2,500, and UPI-linked payments. It’s ideal for Flipkart enthusiasts but also caters to lifestyle spends like dining and travel. The card requires a nominal joining fee and is available to Indian residents with stable incomes, subject to Axis Bank’s approval.

  • Welcome and Activation Benefits:
    • ₹500 Flipkart voucher on the first transaction within 30 days.
    • ₹600 worth of activation benefits, including discounts on Swiggy and other partners (subject to terms). Total welcome benefits up to ₹1,100.
  • Airport Lounge Access:
    • 4 complimentary domestic lounge visits per year at select airports, subject to ₹50,000 minimum spend in the previous 3 months. No international lounge access.
  • Age: 18–70 years for primary cardholders.
  • Nationality: Indian resident or non-resident Indian.
  • Income: Minimum monthly income of ₹25,000 (salaried) or annual ITR of ₹4,00,000 (self-employed).
  • Credit Score: A CIBIL score of 700+ is recommended.
  • Documents: PAN card, Aadhaar card, address proof (e.g., utility bill, passport), income proof (salary slips, bank statements, or ITR), and a recent photograph.
  • Note: Axis Bank reserves the right to approve or reject applications based on internal criteria.

The card offers unlimited cashback credited directly to the cardholder’s statement three days before the next billing cycle, with no redemption fees or expiry. A minimum transaction of ₹100 is required for cashback eligibility. Key rewards and benefits include:

  • Cashback Rewards:
    • 5% Cashback on Flipkart and Cleartrip: Unlimited cashback on all Flipkart (excluding Flipkart Health) and Cleartrip transactions, including flights and hotels.
    • 4% Cashback on Preferred Merchants: Applies to Swiggy, Uber, PVR, Cure.fit, and select partners (previously included Tata Play and Myntra, now at 1% since February 2024 and earlier devaluations).
    • 1% Cashback on Other Spends: Covers all eligible online and offline transactions, reduced from 1.5% post-devaluation.
    • Exclusions: No cashback on fuel, gift card purchases (Flipkart, Myntra), EMI transactions, post-facto EMI conversions, wallet loads, jewelry, gold, cash advances, rent payments, insurance, utilities, education, government services, or card fees/outstanding balances.
    • Tracking: Cashback details are available in the monthly statement, Flipkart app (“My Accounts” > “Flipkart Axis Bank Credit Card”), or order summary (“Reward Summary”).
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions between ₹400 and ₹4,000 at any fuel station in India, capped at ₹400 per statement cycle.
  • Dining Discounts:
    • Up to 15% off (capped at ₹500) at over 10,000 partner restaurants via Axis Bank’s Dining Delights program with EazyDiner.
  • Travel Discounts:
    • Up to 15% off on flights and hotels via Goibibo and MakeMyTrip.
    • Flat 10% discount (up to ₹1,000) on Tira purchases.
  • Swiggy Offers:
    • 50% instant discount (up to ₹100) on the first Swiggy order with code “AXISFKNEW.”
    • 30% instant discount (up to ₹150) on Swiggy orders (minimum ₹200) monthly.

The card has a low fee structure with a spend-based waiver, but additional charges apply for specific transactions. Key fees and charges include:

  • Joining Fee: ₹500 + GST.
  • Annual/Renewal Fee: ₹500 + GST, waived if annual spends exceed ₹3,50,000 in the previous year (previously ₹2,00,000).
  • Finance Charges: 3.6% per month (52.86% APR).
  • Cash Advance Fee: 2.5% of the withdrawn amount (minimum ₹500).
  • Foreign Currency Markup Fee: 3.5% + GST (approximately 4.13%).
  • Late Payment Charges:
    • ₹0 for dues up to ₹300.
    • ₹100 for dues between ₹301 and ₹500.
    • ₹500 for dues between ₹501 and ₹1,000.
    • ₹750 for dues between ₹1,001 and ₹10,000.
    • ₹900 for dues between ₹10,001 and ₹25,000.
    • ₹1,000 for dues between ₹25,001 and ₹50,000.
    • ₹1,200 for dues above ₹50,000.
  • Overlimit Penalty: 2.5% of the over-limit amount (minimum ₹500).
  • Cheque Return/Auto-Debit Reversal Fee: 2% of the amount (minimum ₹450, maximum ₹1,500).
  • Cash Payment Fee: ₹100 per payment at Axis Bank branches/ATMs.
  • Card Replacement Fee: ₹100–₹250.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

American Express Membership Rewards® Credit Card


American Express Membership Rewards credit card with chip and contactless payment, offering travel rewards and cashback benefits

The American Express Membership Rewards® Credit Card is an entry-level credit card that emphasizes earning Membership Rewards Points on everyday spends, redeemable against a curated 18-Karat and 24-Karat Gold Collection of vouchers from brands like Amazon, Flipkart, and Taj. Operating on the American Express network, it supports contactless payments for transactions up to ₹5,000 without a PIN and offers EMI conversion for purchases above ₹5,000. The card is exclusively available to residents of specific Indian cities (e.g., Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, and others) and requires a minimum annual income of ₹6,00,000. It’s ideal for those who prioritize reward points over cashback and don’t mind a higher annual fee for milestone benefits.

  • Supplementary Cards:
    • Add supplementary cards for family members at no extra cost, earning bonus points or cashback based on the card type.
  • Age: 18 years or older (no upper limit specified).
  • Nationality: Resident Indian as per the Income Tax Act.
  • Income: Minimum personal annual income of ₹6,00,000 (salaried or self-employed).
  • Credit Score: A CIBIL score of 750+ with no payment defaults is recommended.
  • Residency: Must reside in select cities (e.g., Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Ahmedabad, Chandigarh, and others).
  • Documents: PAN card, Aadhaar card, address proof (e.g., utility bill, passport), income proof (salary slips, ITR, or bank statements), and a recent photograph.
  • Bank Account: Must have a savings or current account with an Indian or multinational bank.

The card’s rewards program centers on Membership Rewards Points, which never expire as long as the account remains active. Points are redeemable for vouchers, gift cards, or select travel bookings via the Membership Rewards Catalogue, with values ranging from ₹0.25 to ₹1 per point depending on redemption. Key rewards and benefits include:

  • Reward Points Structure:
    • 1 Membership Rewards Point per ₹50 Spent: Applies to most transactions, except fuel, insurance, utilities, cash withdrawals, and EMI conversions at the point of sale (PoS). Effective July 1, 2021, 1 point per ₹50 on utilities (electricity, water, gas) is capped at 10,000 points/month, and 1 point per ₹50 on fuel is capped at 5,000 points/month.
    • 1,000 Bonus Points Monthly: Earned by making 4 transactions of ₹1,500 or more in a calendar month.
    • 1,000 Additional Bonus Points Monthly: Earned by spending ₹20,000 or more in a calendar month (enrollment-based benefit; register via Amex website).
    • Welcome Bonus: 4,000 Membership Rewards Points upon paying the ₹1,000 joining fee and spending ₹15,000 within 90 days of card issuance.
    • Renewal Bonus: 5,000 Membership Rewards Points upon first-year renewal and payment of the ₹4,500 annual fee, credited within 90 days.
    • Redemption Options: Redeem points for vouchers from the 18-Karat (18,000 points) or 24-Karat (24,000 points) Gold Collection (e.g., Amazon, Flipkart, Taj, Tanishq, Shoppers Stop). Points can also be transferred to select airline or hotel loyalty programs (e.g., Marriott Bonvoy, Singapore KrisFlyer), though transfer ratios vary.
  • Dining Discounts:
    • Up to 20% off at select partner restaurants in India, bookable via Amex’s dining program.
  • Fuel Surcharge Waiver:
    • 0% convenience fee on fuel transactions below ₹5,000 at HPCL outlets; 1% fee for transactions of ₹5,000 and above. For BPCL/IOCL, a 1% fee (minimum ₹10 + taxes) applies; for other oil companies, a 2.5% fee (minimum ₹10 + taxes) applies.

The card has a moderate joining fee and a high annual fee, with spend-based waiver options. Key fees and charges include:

  • Joining Fee: ₹1,000 + GST.
  • Annual/Renewal Fee: ₹4,500 + GST, waived 100% if annual spends exceed ₹1,50,000 in the preceding year, or 50% waived if spends are between ₹90,000 and ₹1,49,999.
  • Finance Charges: 3.5% per month (42% APR).
  • Cash Advance Fee: 3.5% of the withdrawn金額 (minimum ₹250 + GST).
  • Foreign Currency Markup Fee: 3.5% + GST (approximately 4.13%).
  • Late Payment Charges:
    • 30% of the minimum amount due, subject to:
      • Minimum: ₹500.
      • Maximum: ₹1,000.
      • ₹0 if the amount due is below ₹500.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Card Replacement Fee: ₹100–₹250.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • EMI Processing Fee: ₹99 + GST per EMI transaction at PoS (online/offline).
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

YES Prosperity Rewards Plus Credit Card

YES Prosperity Rewards Plus Credit Card credit card with chip and contactless payment, offering travel rewards and cashback benefits

The YES Prosperity Rewards Plus Credit Card is a rewards-driven card designed for individuals who want to earn points on online and offline purchases, particularly in categories like dining, travel, and retail. Operating on the Visa platform, it supports contactless payments for transactions up to ₹5,000 without a PIN, UPI integration, and EMI conversion for purchases of ₹2,500 or more. The card is accessible to salaried and self-employed individuals with a minimum monthly income of ₹25,000, making it suitable for young professionals and first-time cardholders. Its rewards are earned as YES Rewardz Points, redeemable via the YESRewardz portal for products, vouchers, air miles, or flight/hotel bookings, though points are capped and expire after 36 months. The card also offers lifestyle benefits through the YES Privileges program and a low annual fee, reversible with moderate spends.

  • Welcome Benefit:
    • Amazon voucher worth ₹500 on spending ₹1,000 within 30 days of card issuance.
  • Fee Waivers:
    • Joining fee waived on spending ₹5,000 within 30 days of card setup (some sources cite ₹10,000 within 90 days).
    • Annual fee waived on spending ₹50,000 in the 12 months prior to renewal.
  • Age: 21–60 years for salaried or self-employed individuals.
  • Nationality: Indian resident.
  • Income:
    • Salaried: Minimum net monthly income of ₹25,000.
    • Self-employed: Income Tax Return (ITR) of ₹5,00,000 or above (some sources cite ₹7,50,000).
  • Credit Score: A CIBIL score of 750+ is recommended for approval.
  • Documents: PAN card, Aadhaar card, address proof (e.g., passport, utility bill), income proof (salary slips, bank statements, or ITR), and two passport-size photographs.
  • Note: YES Bank may approve applications against a Fixed Deposit of ₹30,000 or above.

The card’s rewards are earned as YES Rewardz Points, with a value of ₹0.10–₹0.25 per point depending on redemption (e.g., air miles, statement credit, or vouchers). Points expire 36 months after accrual and are capped at 5,000 per statement cycle. Redemption is available via the YESRewardz portal (www.yesrewardz.com) for products, e-gift vouchers, air miles (10 points = 1 InterMile or 1 Club Vistara Point), or flight/hotel bookings, with a ₹100 redemption fee (₹99 for flights). Key rewards and benefits include:

  • Reward Points Structure:
    • 8 Reward Points per ₹200: On online shopping (except select categories), capped at 5,000 points/month (2% return at ₹0.25/point).
    • 4 Reward Points per ₹200: On offline shopping (except select categories), equivalent to 1% return.
    • 2 Reward Points per ₹200: On select categories like government services, utilities, insurance, rentals, and wallet loads (0.5% return).
    • 3X or 5X Rewards via Subscription: Optional Rewards Subscription Plans (₹1,000 or ₹2,000 annually) boost rewards to 3X or 5X on eligible spends, though specific categories are not detailed.
    • Exclusions: No points on fuel, rent payments, wallet loads, UPI transactions, cash withdrawals, EMI conversions (Post Purchase EMI, EMI on Call, Instant EMI), or transactions below ₹200.

The card has a low fee structure with spend-based waivers, making it cost-effective for moderate spenders. Key fees and charges include:

  • Joining Fee: ₹399 + GST (reversed on spending ₹5,000 within 30 days or ₹10,000 within 90 days, depending on the source).
  • Annual/Renewal Fee: ₹399 + GST, waived on annual spends of ₹50,000 in the previous 12 months.
  • Finance Charges:
    • Unsecured cards: 3.5% per month (42% p.a.).
    • Cards against Fixed Deposit: 3% per month (36% p.a.).
  • Cash Advance Fee: 2.5% of the withdrawn amount or ₹300, whichever is higher.
  • Foreign Currency Markup Fee: 3.4% + GST (approximately 4.01%), competitive for an entry-level card.
  • Late Payment Charges:
    • ₹0 for dues less than ₹100.
    • ₹100 for dues between ₹100 and ₹500.
    • ₹400 for dues between ₹501 and ₹5,000.
    • ₹600 for dues between ₹5,001 and ₹10,000.
    • ₹800 for dues between ₹10,001 and ₹25,000.
    • ₹950 for dues between ₹25,001 and ₹50,000.
    • ₹1,100 for dues above ₹50,000.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Reward Redemption Fee: ₹100 per redemption request; ₹99 for flight bookings.
  • Card Replacement Fee: ₹100–₹250.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

Tata Neu Infinity HDFC Bank Credit Card

Tata Neu Infinity HDFC Bank credit card with chip and contactless payment, offering travel rewards and cashback benefits

The Tata Neu Infinity HDFC Bank Credit Card is a rewards-driven card tailored for users of the Tata Neu app and its partner brands, such as BigBasket, Croma, Tata CliQ, and IHCL (Taj Hotels). Launched to maximize savings within the Tata ecosystem, it offers up to 10% value back as NeuCoins on select Tata Neu spends, alongside benefits like domestic and international lounge access, a fuel surcharge waiver, and UPI compatibility. The card supports contactless payments for transactions up to ₹5,000 without a PIN, EMI conversion for purchases above ₹2,500, and a 50-day interest-free credit period. It’s ideal for Tata brand enthusiasts but also provides rewards on non-Tata spends, making it a practical choice for diverse spenders. The card is available via the Tata Neu app or HDFC Bank’s digital platforms, with a high income eligibility threshold.

  • Welcome Benefit:
    • 1,499 NeuCoins (worth ₹1,499) on the first retail transaction within 30 days of card issuance, credited within 60 days. Not applicable for LTF or first-year-free (FYF) cards.
  • Age:
    • Salaried: 21–60 years.
    • Self-employed: 21–65 years.
  • Nationality: Indian resident.
  • Income:
    • Salaried: Minimum net monthly income of ₹1,00,000.
    • Self-employed: Annual Income Tax Return (ITR) of ₹12,00,000 or more.
  • Credit Score: A CIBIL score of 750+ is recommended.
  • Documents: PAN card, Aadhaar card, address proof (e.g., utility bill, passport), income proof (salary slips, bank statements, or ITR), and a recent photograph.
  • Note: Existing HDFC Bank cardholders may share the same credit limit across cards, subject to internal policies.

The card’s rewards are earned as NeuCoins (1 NeuCoin = ₹1), redeemable across Tata Neu and partner brands like BigBasket, Croma, Westside, and IHCL. NeuCoins expire 365 days from the last eligible transaction and are credited within 7 days of statement generation. Key rewards and benefits include:

  • Reward Structure:
    • 5% NeuCoins on Tata Neu and Partner Brands: Non-EMI spends on Tata Neu app/website and partner brands (e.g., BigBasket, Croma, Tata CliQ, Westside, IHCL, Tata 1MG, Air India Express). Grocery spends capped at 2,000 NeuCoins/month. Excludes Bill Payment (Tata Pay), Tanishq, Cult.fit, Air India, and Tata Play.
    • Additional 5% NeuCoins via NeuPass: On select Tata Neu app/website transactions after registering for Tata NeuPass, totaling up to 10% value back. Subject to fair usage policy.
    • 1.5% NeuCoins on Non-Tata Brand Spends: Covers online/offline retail and merchant EMI spends, with no cap unless specified.
    • 1.5% NeuCoins on UPI Spends: Via Tata Neu UPI ID (1% credited to Tata Neu account, 0.5% by HDFC Bank within 7 days of statement). Other UPI apps (e.g., PhonePe, Google Pay) earn 0.5% NeuCoins, capped at 500 NeuCoins/month. Effective August 1, 2024.
    • Exclusions: No NeuCoins on fuel, rent, government services, wallet loads, voucher purchases, cash advances, fees, charges, or post-transaction EMI conversions.
    • Redemption: NeuCoins are redeemable via Tata Neu app/website for purchases, travel, or loyalty redemptions at partner brands. Minimum redemption: 1 NeuCoin.

The card’s fee structure is competitive, with an LTF offer for applications from October 1 to December 31, 2024. Key fees and charges include:

  • Joining Fee: ₹1,499 + GST (waived for LTF offer; conversion within 90 days of card issuance).
  • Annual/Renewal Fee: ₹1,499 + GST, waived if annual spends exceed ₹3,00,000 before the renewal date.
  • Finance Charges: 3.6% per month (43.2% APR).
  • Cash Advance Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.
  • Foreign Currency Markup Fee: 2% + GST (approximately 2.36%), among the lowest in its class.
  • Late Payment Charges:
    • ₹0 for dues less than ₹100.
    • ₹100 for dues between ₹100 and ₹500.
    • ₹400 for dues between ₹501 and ₹5,000.
    • ₹600 for dues between ₹5,001 and ₹10,000.
    • ₹800 for dues between ₹10,001 and ₹25,000.
    • ₹950 for dues between ₹25,001 and ₹50,000.
    • ₹1,100 for dues above ₹50,000.
  • Third-Party Charges (effective August 1, 2024):
    • 1% fee (capped at ₹3,000) on rent/education payments via apps like CRED or Paytm (from the second transaction/month).
    • 1% fee (capped at ₹3,000) on utility spends above ₹50,000/month.
    • 1% fee (capped at ₹3,000) on fuel spends above ₹15,000/month.
  • Card Replacement Fee: ₹100–₹250.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

Airtel Axis Bank Credit Card

Airtel Axis Bank Credit Card credit card with chip and contactless payment, offering travel rewards and cashback benefits

The Airtel Axis Bank Credit Card, available on the Visa platform, is designed to maximize savings for Airtel users while offering rewards on everyday spends like food delivery, groceries, and utilities. It supports contactless payments for transactions up to ₹5,000 without a PIN, EMI conversion for purchases above ₹2,500, and UPI integration for digital payments. The card is marketed as a cost-effective option with a ₹500 annual fee, which can be waived with ₹2,00,000 in annual spends. Application is primarily through the Airtel Thanks app, though it’s also available via Axis Bank’s website, making it accessible to both Airtel and non-Airtel users who meet eligibility criteria. The card’s rewards are credited as statement cashback, simplifying the redemption process.

  • Welcome Benefit:
    • ₹500 Amazon e-voucher on the first transaction (any amount) within 30 days of card issuance, credited within 30 days to the registered mobile number.
  • Airport Lounge Access:
    • 4 complimentary domestic lounge visits per calendar year at select airports (e.g., Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune). No international lounge access.
  • Age: 18–70 years for primary cardholders; add-on cardholders must be 15+.
  • Nationality: Indian resident.
  • Income: Stable source of income (specific minimum not disclosed; typically ₹25,000–₹50,000/month based on credit profile).
  • Credit Score: A CIBIL score of 700–750+ is recommended for approval.
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, passport, voter’s ID, or driver’s license.
    • Address Proof: Aadhaar card, passport, voter’s ID, driver’s license, or utility bill (not older than 3 months).
    • Income Proof: Latest payslip, Form 16, ITR, or 3-month bank statement.
    • One color photograph.
  • Note: Documents may vary case-by-case; Axis Bank has internal approval criteria.

The card offers cashback credited as a statement credit three days before the next billing cycle, with no redemption fee or expiry. Cashback is calculated after accounting for returns/refunds within the same cycle. Rewards are capped per category, and payments must be made via the Airtel Thanks app for Airtel and utility bill cashback. Key rewards and benefits include:

  • Cashback Structure:
    • 25% Cashback on Airtel Services: Applies to Airtel Mobile (prepaid/postpaid), Broadband, Wi-Fi, and DTH bill payments/recharges via the Airtel Thanks app. Capped at ₹250/month (₹3,000/year). Eligible only for active Airtel connections; excludes hardware costs, installation charges, or advance payments.
    • 10% Cashback on Utility Bills: Covers gas, electricity, and water bill payments via the Airtel Thanks app. Capped at ₹250/month (₹3,000/year). Non-Airtel utility payments (e.g., Jio, ACT) are eligible.
    • 10% Cashback on Partner Merchants: Applies to Swiggy, Zomato, and BigBasket purchases. Capped at ₹500/month (₹6,000/year).
    • 1% Cashback on Other Spends: Covers all other online/offline transactions, including insurance premiums, with no cap.
    • Exclusions: No cashback on fuel, rent, government services, education, jewelry, wallet loads, cash advances, EMI transactions, post-facto EMI conversions, or utility bills paid outside the Airtel Thanks app.

The card has a low fee structure with an annual fee waiver for moderate spenders. Key fees and charges include:

  • Joining Fee: ₹500 + GST (≈₹590).
  • Annual/Renewal Fee: ₹500 + GST, waived on annual spends of ₹2,00,000 in the previous year. Rent and wallet load transactions don’t count toward the waiver.
  • Finance Charges: 3.6% per month (52.86% APR).
  • Cash Advance Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.
  • Foreign Currency Markup Fee: 3.5% + GST (≈4.13%).
  • Late Payment Charges:
    • ₹0 for dues up to ₹300.
    • ₹100 for dues between ₹301 and ₹500.
    • ₹500 for dues between ₹501 and ₹1,000.
    • ₹750 for dues between ₹1,001 and ₹10,000.
    • ₹900 for dues between ₹10,001 and ₹25,000.
    • ₹1,000 for dues between ₹25,001 and ₹50,000.
    • ₹1,200 for dues above ₹50,000.
    • Additional ₹100/cycle if the Minimum Amount Due (MAD) is unpaid for two consecutive cycles.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Card Replacement Fee: ₹100–₹250.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • Dynamic Currency Conversion Fee: 1% + GST for international transactions in INR.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.


IDFC FIRST Select Credit Card

IDFC FIRST Select credit card with chip and contactless payment, offering travel rewards and cashback benefits

The IDFC FIRST Select Credit Card is positioned above the IDFC FIRST Classic and Millennia cards but below the Wealth variant, offering a balance of rewards and lifestyle perks without annual fees. It targets individuals with an annual income of ₹12,00,000 or more, focusing on online/offline shopping, travel, and dining. The card supports contactless payments (up to ₹5,000 without a PIN), UPI integration via an add-on FIRST Digital RuPay Credit Card, and EMI conversion for transactions above ₹2,500. Its rewards program features never-expiring points, and benefits include domestic/railway lounge access, movie discounts, and insurance covers. The card is ideal for moderate to high spenders but may not suit those prioritizing fuel or EMI rewards due to exclusions. Applications are available online via IDFC FIRST Bank’s website or offline at branches.

  • Welcome Benefits:
    • ₹500 gift voucher on spending ₹15,000 within 90 days of card issuance.
    • 5% cashback (up to ₹1,000) on the first EMI transaction within 90 days.
  • Age: 21–65 years (salaried); 25–65 years (self-employed).
  • Income: Minimum annual income of ₹12,00,000 (₹1,00,000/month).
  • Credit Score: A CIBIL score of 750+ with no defaults is recommended.
  • Nationality: Indian resident with a permanent address in IDFC FIRST Bank’s serviceable cities.
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, passport, or voter’s ID.
    • Address Proof: Aadhaar card, passport, utility bill, or ration card.
    • Income Proof: Latest 2–3 months’ salary slips, Form 16, ITR, or 3-month bank statements.
    • One recent photograph.
  • Note: Existing IDFC FIRST Bank cardholders share the same credit limit across cards, subject to internal policies.

The card’s rewards are earned as never-expiring YES Rewardz Points (1 RP = ₹0.25), redeemable for flights, hotels, movie tickets, or vouchers via the IDFC FIRST Rewards Platform (idfcfirstrewards.poshvine.com). A ₹99 + GST redemption fee applies. Rewards are capped only by category-specific restrictions. Key rewards and benefits include:

  • Reward Points Structure:
    • 10X Reward Points: On incremental spends above ₹20,000 per statement cycle and all birthday spends (6.66 RP/₹150 = 1.66% return).
    • 3X Reward Points: On spends up to ₹20,000 per statement cycle and on education, wallet loads, government services, rent, and property management/purchase transactions (2 RP/₹150 = 0.50% return).
    • 1X Reward Points: On utilities and insurance transactions (0.66 RP/₹150 = 0.16% return).
    • Calculation: 1X = 1 RP per ₹150 spent; 1 RP = ₹0.25 for redemptions.
  • Airport Lounge Access:
    • 2 complimentary domestic lounge visits per quarter at select airports (e.g., Bangalore, Chennai, Delhi), subject to ₹20,000 spend in the previous calendar month (previously ₹5,000 until May 2023). Access via Visa or DreamFolks card.
  • Railway Lounge Access:
    • 4 complimentary visits per quarter at executive IRCTC lounges (e.g., Delhi, Jaipur, Kolkata), no spend requirement.
  • Movie Discounts:
    • Buy-One-Get-One (BOGO) offer on movie tickets via Paytm or District app, up to ₹125 off the second ticket, twice monthly (annual savings up to ₹3,000).
  • Dining Discounts:
    • Up to 20% off at 1,500+ partner restaurants and 15% off at 3,000+ health/wellness outlets via YES Bank’s curated program.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions between ₹200 and ₹5,000 at any fuel station in India, capped at ₹300/month. No reward points on fuel.
  • Insurance Covers:
    • ₹1 crore air accident cover (accidental death).
    • ₹5 lakh personal accident cover (death or permanent disability).
    • ₹50,000 lost card liability cover (zero liability if reported immediately).
    • ₹22,500 comprehensive travel insurance (e.g., ₹7,500 for lost baggage, ₹5,000 for flight delays).
    • Cancellation for Any Reason: Up to ₹10,000 for 2 claims/year for flight/hotel cancellations.
  • Golf Privileges:
    • 4 complimentary golf rounds/year (1/month) and 12 complimentary lessons/year (1/month) at select courses, plus 50% off on rounds/lessons in APAC countries (e.g., Australia, Japan).
  • Roadside Assistance:
    • Complimentary RSA worth ₹1,399, covering flat tires, battery issues, fuel delivery, or towing, up to 4 times/year.
  • Interest-Free Cash Withdrawals:
    • Up to 48 days interest-free on ATM withdrawals (domestic/international), subject to a ₹199 + GST fee per transaction.

The card is lifetime-free, with no joining or annual fees, but other charges apply for specific transactions. Key fees and charges include:

  • Joining Fee: ₹0 (lifetime-free).
  • Annual/Renewal Fee: ₹0.
  • Finance Charges: 0.75%–3.5% per month (9%–42% APR), among the lowest in the market.
  • Cash Advance Fee: ₹199 + GST per withdrawal.
  • Foreign Currency Markup Fee: 1.99% + GST (≈2.35%), highly competitive.
  • Reward Redemption Fee: ₹99 + GST per redemption.
  • Late Payment Charges:
    • ₹0 for dues up to ₹100.
    • ₹100 for dues between ₹101 and ₹500.
    • ₹400 for dues between ₹501 and ₹5,000.
    • ₹600 for dues between ₹5,001 and ₹10,000.
    • ₹800 for dues between ₹10,001 and ₹25,000.
    • ₹950 for dues between ₹25,001 and ₹50,000.
    • ₹1,100 for dues above ₹50,000.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Third-Party Charges:
    • 1% + GST (minimum ₹249) on rent and property management transactions.
    • 1% + GST on utility spends above ₹20,000 per billing cycle, capped at ₹3,000.
  • Card Replacement Fee: ₹100–₹250.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

BPCL SBI Octane Credit Card

BPCL SBI Octane credit card with chip and contactless payment, offering travel rewards and cashback benefits

The BPCL SBI Card Octane is a fuel-focused credit card issued on the Visa platform, tailored for individuals who refuel at BPCL petrol pumps and spend on everyday categories like dining, groceries, and entertainment. It supports contactless payments for transactions up to ₹5,000 without a PIN, EMI conversion for purchases above ₹2,500 via Flexipay, and balance transfers from other credit cards at lower interest rates. The card is ideal for those with monthly fuel spends around ₹10,000 to maximize reward caps, but its low base reward rate limits appeal for non-BPCL spends.

  • Welcome Benefit:
    • 6,000 bonus reward points (worth ₹1,500) on payment of the joining fee, credited within 30 days.
  • Age: 21–60 years (salaried); 21–65 years (self-employed).
  • Nationality: Indian resident.
  • Income: Stable income, typically ₹30,000–₹50,000/month (exact criteria not publicly disclosed; varies by credit profile).
  • Credit Score: A CIBIL score of 750+ is recommended.
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, voter’s ID, passport, or driver’s license.
    • Address Proof: Aadhaar card, passport, utility bill, ration card, or voter’s ID.
    • Income Proof: Latest salary slips, Form 16, ITR, or 3-month bank statements.
    • One recent passport-size photograph.
  • Note: SBI Card assesses credit limits based on credit score, repayment history, and credit utilization ratio. Existing SBI cardholders may face stricter approval.

The card’s rewards are earned as YES Rewardz Points (1 RP = ₹0.25), credited within 20 days of the transaction or fee payment, and expire after 24 months. Points are redeemable for fuel at over 1,200 BPCL outlets (no redemption fee), against statement balances (via customer care), or for products/vouchers via the Shop & Smile Rewards Catalogue (www.sbicard.com). Key rewards and benefits include:

  • Reward Points Structure:
    • 25X Reward Points on BPCL Spends: 25 points per ₹100 spent on fuel, lubricants, and Bharat Gas (website/app only) at BPCL outlets, yielding 6.25% value back (capped at 2,500 points/month, ₹625).
    • 10X Reward Points on Lifestyle Spends: 10 points per ₹100 spent on dining, groceries, departmental stores, and movies, yielding 2.5% value back (capped at 7,500 points/month, ₹1,875).
    • 1X Reward Point on Other Spends: 1 point per ₹100 on all other retail purchases, yielding 0.25% value back (no cap). Excludes mobile wallet uploads, non-BPCL fuel, rent, government services, education, jewelry, and cash advances.
    • Redemption: Fuel redemption at BPCL outlets is instant with no fee; statement credit or catalogue redemptions may incur fees (not specified). Points are credited based on merchant IDs, reviewed monthly.
  • Milestone Benefit:
    • E-gift vouchers worth ₹2,000 from Aditya Birla Fashion, Yatra, Urban Ladder, Hush Puppies, or Bata on annual spends of ₹3,00,000, credited within 30 days of milestone achievement.
  • Airport Lounge Access:
    • 4 complimentary domestic lounge visits per calendar year (1 per quarter) at select airports (e.g., Bangalore, Chennai, Delhi, Mumbai). Access via Visa lounge program; no international lounge access.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions up to ₹4,000 at BPCL pumps, capped at ₹100/month (₹1,200/year). GST on surcharge is non-refundable.
  • Fraud Liability Cover:
    • ₹1,00,000 cover for fraudulent transactions, valid 3 days before and 7 days after reporting card loss to SBI Card helpline (1800-180-1295).
  • Add-On Cards:
    • Up to 3 complimentary add-on cards for family members, earning rewards at the same rates.
  • Global Assistance:
    • 24/7 customer support and cash withdrawal at over 1 million Visa ATMs globally, including 18,000 in India.

The card has a moderate fee structure with a spend-based annual fee waiver. Key fees and charges include:

  • Joining Fee: ₹1,499 + GST (≈₹1,768.82, one-time).
  • Annual/Renewal Fee: ₹1,499 + GST, waived on annual spends of ₹2,00,000 in the previous year. Rent and wallet loads don’t count toward the waiver.
  • Finance Charges: 3.5% per month (42% APR).
  • Cash Advance Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.
  • Foreign Currency Markup Fee: 3.5% + GST (≈4.13%).
  • Late Payment Charges:
    • ₹0 for dues up to ₹500.
    • ₹400 for dues between ₹501 and ₹1,000.
    • ₹750 for dues between ₹1,001 and ₹10,000.
    • ₹950 for dues between ₹10,001 and ₹25,000.
    • ₹1,100 for dues between ₹25,001 and ₹50,000.
    • ₹1,300 for dues above ₹50,000.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹600).
  • Reward Redemption Fee: ₹0 for fuel redemption at BPCL outlets; fees for statement credit or catalogue redemption not specified (contact customer care).
  • Card Replacement Fee: ₹100–₹250 + taxes.
  • Rent Payment Fee: ₹199 + GST per transaction.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

American Express Platinum Travel Credit Card

American Express Platinum Travel credit card with chip and contactless payment, offering travel rewards and cashback benefits

The American Express Platinum Travel Credit Card is designed for travel enthusiasts who spend heavily on retail, online, and travel-related transactions, delivering one of India’s highest reward rates (up to ~8.5% post-milestone). Issued on the American Express network, it supports contactless payments for transactions up to ₹5,000 without a PIN, EMI conversion for purchases above ₹5,000, and global acceptance at over 80 million merchants. Available only in select Indian cities (e.g., Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad), it requires a minimum annual income of ₹6,00,000. Its rewards program, centered on Membership Rewards Points, excels with Marriott Bonvoy or Taj redemptions, while milestone bonuses and domestic lounge access enhance its appeal for high spenders. However, its high fees and limited merchant acceptance necessitate strategic use.

Welcome Bonus: 10,000 Membership Rewards Points on paying the ₹3,500 joining fee and spending ₹15,000 within 90 days, redeemable for a Flipkart voucher or Pay with Points on Amex Travel Online worth ₹3,000.

  • Age: 18 years or older (no upper limit specified).
  • Nationality: Resident Indian as per the Income Tax Act.
  • Income: Minimum personal annual income of ₹6,00,000 (salaried or self-employed).
  • Credit Score: A CIBIL score of 750+ with no defaults is recommended.
  • Residency: Limited to select cities (e.g., Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Ahmedabad, Chandigarh, Kolkata, and others).
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, passport, or voter’s ID.
    • Address Proof: Aadhaar card, passport, utility bill, or voter’s ID.
    • Income Proof: Recent salary slips, ITR, or 3-month bank statements.
    • One recent photograph.
  • Bank Account: Must have a savings or current account with an Indian or multinational bank.
  • Note: Amex limits individuals to two credit cards and one charge card; existing cardholders may need to cancel a card and wait 90 days to apply.

Membership Rewards Points never expire as long as the account remains active and in good standing, but points are forfeited within 30 days of card cancellation. Optimal redemptions include Marriott Bonvoy transfers (1:1, 1 point ≈ ₹0.50–₹1 depending on hotel) or Taj vouchers (1 point = ₹0.45–₹0.50). Other options like Flipkart, Amazon, or Amex Travel Online yield lower value (1 point = ₹0.25–₹0.30). A redemption fee may apply for non-travel redemptions. Key rewards and benefits include:

  • Reward Points Structure:
    • 1 Membership Rewards Point per ₹50 Spent: Applies to most transactions, except fuel, utilities (electricity, water, gas), insurance, cash withdrawals, and EMI conversions at merchant websites/terminals (e.g., Amazon, Flipkart). Since July 1, 2021, utilities earn points capped at 10,000/month, and fuel at 5,000/month. Health insurance via Amex may earn points, unlike other portals.
    • 3X Reward Points via Reward Multiplier: Earn 3 points per ₹50 (6% return) on 50+ online brands (e.g., Amazon, Flipkart, MakeMyTrip, Nykaa, Tanishq) via Amex’s Reward Multiplier portal, capped at 2,000 points/statement cycle. Rent payments are excluded.
    • Milestone Bonus Points:
      • 15,000 Bonus Points: On spending ₹1.9 lakh in a cardmembership year (anniversary year), redeemable for travel vouchers worth ₹4,500 (e.g., Flipkart, Amex Travel Online).
      • 25,000 Bonus Points + ₹10,000 Taj Voucher: On spending ₹4 lakh in a cardmembership year, redeemable for travel vouchers worth ₹7,500 or a Taj Experiences e-Gift Card (valid at Taj, SeleQtions, Vivanta hotels). Bonus points require manual crediting via customer care (1800-419-3646) post-milestone.
    • Effective Reward Rate: Post ₹4 lakh milestone, regular + bonus points yield ~8.5% return with Marriott/Taj redemptions; regular spends yield ~2% (3X via Reward Multiplier) or ~1% (base rate).
    • Redemption Options: Transfer points to loyalty programs (e.g., Marriott Bonvoy, Hilton Honors, Singapore KrisFlyer, Club Vistara) at ratios like 1:1 for Marriott or 10:9 for Hilton, or redeem for vouchers (e.g., Taj, Flipkart, Amazon) via the Membership Rewards Catalogue. Amex Travel Online or Marriott transfers offer the highest value.
  • Airport Lounge Access:
    • 8 Domestic Lounge Visits per Year: 2 complimentary visits per quarter at select domestic airports (e.g., Bangalore, Chennai, Delhi, Mumbai, Hyderabad, Kolkata). Access is for primary cardholders only via swipe at lounge terminals; supplementary cardholders are excluded. Does not include Amex proprietary lounges in Delhi/Mumbai.
    • Priority Pass Membership: Complimentary enrollment with a waived US$99 annual fee, but lounge visits incur a fee (≈US$32/visit + US$32/guest), making international lounge access chargeable.
  • Fuel Surcharge Waiver:
    • 0% convenience fee on fuel transactions below ₹5,000 at HPCL outlets; 1% fee (minimum ₹10 + taxes) for transactions of ₹5,000+. For BPCL/IOCL, a 1% fee applies; for other oil companies, a 2.5% fee (minimum ₹10 + taxes).
  • Dining Discounts:
    • Up to 20% off at select premium restaurants in India via Amex’s dining program, bookable through partnered outlets.
  • EMI Conversion:
    • Convert purchases of ₹5,000 or more into EMIs (6–24 months) at ~14% p.a. interest via Amex SafeKey or post-purchase (call 1800-419-3646). EMI transactions via SafeKey/post-purchase earn points, unlike merchant-based EMIs (e.g., Amazon, Flipkart).
  • Contactless Payments:
    • NFC-enabled for tap-to-pay transactions up to ₹5,000 without a PIN, ensuring speed and security at PoS terminals.
  • Zero Lost Card Liability:
    • No liability for unauthorized transactions if reported immediately to Amex’s 24/7 helpline (1800-419-3646). Pre-reporting liability capped at ₹1,000. Emergency card replacement is available worldwide.
  • Supplementary Cards:
    • Up to four complimentary add-on cards for family members (spouse, parents, siblings, children over 18), earning points at the same rate and contributing to milestone spends.
  • Promotional Offers:
    • Periodic offers, such as 10% cashback on Amazon/Flipkart (e.g., ₹2,000–₹2,500, capped at 3,000 points), 5X points at select merchants, or hotel/flight discounts, enhancing effective returns.

The card has a moderate joining fee and a high annual fee, with no standard renewal fee waiver but potential retention benefits (e.g., fee waiver or bonus points) based on spend profile and negotiation. Key fees and charges include:

  • Joining Fee: ₹3,500 + GST (≈₹4,130).
  • Annual/Renewal Fee: ₹5,000 + GST (≈₹5,900), no standard spend-based waiver. Retention offers (e.g., full/partial waiver, 5,000–10,000 points) may be available post-fee charge for high spenders (call 1800-419-3646).
  • Finance Charges: 3.5% per month (42% APR).
  • Cash Advance Fee: 3.5% of the withdrawn amount (minimum ₹250 + GST).
  • Foreign Currency Markup Fee: 3.5% + GST (≈4.13%).
  • Late Payment Charges:
    • 30% of the minimum amount due, subject to:
      • Minimum: ₹500.
      • Maximum: ₹1,000.
      • ₹0 if the amount due is below ₹500.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Card Replacement Fee: ₹100–₹250.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • EMI Processing Fee: ₹99 + GST per EMI transaction at PoS (online/offline).
  • Reward Redemption Fee: ₹0 for travel redemptions (e.g., Marriott, Amex Travel Online); ₹99–₹250 for non-travel redemptions (e.g., Flipkart, Amazon vouchers).
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

HDFC Bank INFINIA Metal Credit Card

HDFC Bank INFINIA Metal credit card with chip and contactless payment, offering travel rewards and cashback benefits

The HDFC INFINIA Metal Credit Card is HDFC Bank’s flagship offering, renowned for its industry-leading reward rate (3.33% base) and extensive travel and lifestyle perks. Issued on the Visa Infinite or Mastercard World Elite platform, it caters to frequent travelers, high spenders, and luxury seekers with a minimum credit limit of ₹8–10 lakh (often higher based on profile). The card supports contactless payments (up to ₹5,000 without a PIN), EMI conversion for purchases above ₹2,500, and UPI integration for digital transactions. Available only by invitation, it requires a robust banking relationship (e.g., Imperia/Infiniti program, high credit limit on existing HDFC cards, or ₹3.5 lakh monthly income). Its metal form factor enhances exclusivity, but the card’s value lies in its rewards, unlimited lounge access, and concierge services. Applications are processed via HDFC’s website, net banking, or branch visits for eligible customers.

  • Welcome/Renewal Benefits:
    • 12,500 bonus RPs (₹12,500 for flights/hotels) on paying the joining fee and card activation, credited within 30 days.
    • 12,500 bonus RPs on renewal fee payment and card activation.
    • Complimentary Club Marriott membership (1 year): 20% off dining (up to 10 guests) and 20% off room rates at Marriott hotels in India/Asia-Pacific.
  • Age: 21–70 years (primary cardholder); 15+ for add-on cardholders.
  • Nationality: Indian resident or non-resident Indian.
  • Income:
    • Salaried: Minimum ₹3.5 lakh/month (some sources cite ₹42 lakh/year).
    • Self-employed: ITR of ₹42 lakh/year or higher.
  • Banking Relationship:
    • Participation in HDFC’s Imperia/Infiniti program for 3+ months, or
    • Existing HDFC credit card with ₹8 lakh+ limit and high spends, or
    • Other bank credit card with ₹10 lakh+ limit.
  • Credit Score: CIBIL score of 750+ with excellent repayment history.
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, passport, or driver’s license.
    • Address Proof: Aadhaar card, passport, utility bill, or voter’s ID.
    • Income Proof: Latest salary slips, Form 16, ITR, or 3-month bank statements.
    • Two passport-size photographs.
  • Note: Invite-only; customers can pitch for an invite via their relationship manager (RM) or branch. Existing HDFC cardholders (e.g., Regalia, Diners Black) with high spends or Imperia accounts are prioritized.

The card’s rewards are earned as Reward Points (RPs), valid for 3 years from the date of accrual, with no expiry for active accounts. Redemption options include flights/hotels (1 RP = ₹1), air miles (1:1), Apple/Tanishq vouchers (1 RP = ₹1), other vouchers (1 RP = ₹0.50), or statement credit (1 RP = ₹0.30) via SmartBuy or NetBanking. A ₹50 redemption fee applies for statement credit (waived for INFINIA). Key rewards and benefits include:

  • Reward Points Structure:
    • 5 Reward Points per ₹150 Spent: On all retail spends, including insurance, utilities, education, and rent, yielding a 3.33% return (1 RP = ₹1 for flights/hotels). No daily/monthly cap on base rewards (some sources cite 2 lakh points/month).
    • Up to 10X Reward Points via SmartBuy: On travel (flights, hotels) and shopping (e.g., Amazon, Flipkart) via HDFC’s SmartBuy portal, capped at 15,000 bonus points/month (total 22,500 points including base). Yields 16.67% (vouchers) to 33.33% (flights/hotels). Daily cap of 7,500 bonus points (₹45,000 spend at 5X partners).
    • Exclusions: No points on fuel, wallet loads (e.g., Paytm, PhonePe), government services, or cash advances. Rent and utility spends above ₹50,000/month incur a 1% fee (capped at ₹3,000).
    • Redemption Options:
      • Flights/Hotels: 1 RP = ₹1 via SmartBuy (up to 70% of booking value, max 1.5 lakh RP/month).
      • Air Miles: 1:1 transfer to 14+ partners (e.g., SpiceJet, AirAsia, Finnair, Flying Blue, IHG One Rewards, Singapore KrisFlyer) via Rewards360.
      • Vouchers: Apple/Tanishq at 1 RP = ₹1; Amazon, Flipkart at 1 RP = ₹0.50.
      • Statement Credit: 1 RP = ₹0.30, ₹50 fee waived.
  • Airport Lounge Access:
    • Unlimited Domestic/International Lounge Access: For primary and add-on cardholders at 1,000+ lounges worldwide via Priority Pass, including guest access (subject to lounge policies).
  • Hotel Benefits:
    • ITC Hotels: Book 3 nights, pay for 2, or 1+1 complimentary buffet (1 booking/month) via concierge (1800-118-887).
    • Marriott: 20% off dining and weekend rates via Club Marriott.
  • Golf Privileges:
    • Unlimited complimentary golf games and coaching (30-minute lessons, 50 range balls) at leading courses in India and select international courses (e.g., APAC). Book via concierge (1800-118-887 or 022-42320226).
  • Dining Discounts:
    • 10% off (up to ₹1,000) twice monthly on dining bills of ₹8,000+ via Swiggy Dineout.
    • 10% off (up to ₹500) on bills of ₹3,500+ via Swiggy Dineout.
    • 15% off at 3,000+ restaurants via Good Food Trail program.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions between ₹400 and ₹1,00,000, capped at ₹1,000/month.
  • Insurance Covers:
    • ₹3 crore accidental air death cover (ticket booked with card).
    • ₹50 lakh emergency overseas hospitalization cover.
    • ₹9 lakh credit shield for outstanding balance (accidental death/permanent disability).
  • Global Concierge:
    • 24/7 assistance for travel bookings, airport meet-and-greet, dining reservations, or gift delivery (1800-118-887 or infinia.support@smartbuyoffers.co).
  • EMI Conversion:
    • Convert purchases above ₹2,500 into EMIs via Smart EMI at 1%–2% monthly interest.
  • Contactless Payments:
    • NFC-enabled for secure tap-to-pay transactions up to ₹5,000 without a PIN.
  • Zero Lost Card Liability:
    • No liability for fraudulent transactions if reported immediately to the 24/7 helpline (1800-266-3310).
  • No Pre-Set Spending Limit (NPSL):
    • Temporary limit increases for high-value swipes (notify Infinia support); no overlimit fee up to ~10% above limit.

The card has a high joining/annual fee, offset by a spend-based waiver and generous renewal points. Key fees and charges include:

  • Joining Fee: ₹12,500 + GST (≈₹14,750).
  • Annual/Renewal Fee: ₹12,500 + GST, waived on ₹10 lakh spends in the previous 12 months (rent/wallet loads excluded).
  • Finance Charges: 1.99% per month (23.88% APR), among the lowest for premium cards.
  • Cash Advance Fee: 2.5% of the withdrawn amount (minimum ₹500).
  • Foreign Currency Markup Fee: 2% + GST (≈2.36%), with 1% cashback via Global Value Program, netting ~1.36%.
  • Late Payment Charges:
    • ₹0 for dues up to ₹100.
    • ₹100 for ₹101–₹500.
    • ₹400 for ₹501–₹5,000.
    • ₹600 for ₹5,001–₹10,000.
    • ₹800 for ₹10,001–₹25,000.
    • ₹950 for ₹25,001–₹50,000.
    • ₹1,300 for dues above ₹50,000.
  • Reward Redemption Fee: ₹0 for flights/hotels/air miles; ₹50 for statement credit (waived for INFINIA).
  • Rent/Utility Fees: 1% (capped at ₹3,000) on rent and utility spends above ₹50,000/month.
  • Card Replacement Fee: ₹100–₹250.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

BOBCARD Tiara Credit Card

BOBCARD Tiara credit card with chip and contactless payment, offering travel rewards and cashback benefits

The BOBCARD Tiara Credit Card is crafted to align with women’s spending patterns, offering accelerated rewards on dining, travel, and international spends, alongside exclusive lifestyle benefits like quarterly discounts and OTT memberships. Powered by RuPay, it supports UPI payments via apps like Google Pay, ensuring seamless digital transactions. The card features contactless payments (up to ₹5,000 without a PIN), EMI conversion for purchases above ₹2,500, and a sleek design in bright, positive colors. It’s marketed as a symbol of empowerment, launched at Pinkathon 2024 with ambassadors like Milind Soman and Shreyanka Patil. The card is ideal for women seeking a versatile card with travel and lifestyle perks, but its rewards are capped, and fuel spends are excluded.

  • Welcome Benefits:
    • Complimentary memberships (primary cardholder only, worth up to ₹31,000 annually):
      • Amazon Prime or Disney+ Hotstar: 1-year subscription (₹1,499 or ₹1,399).
      • Gaana Plus: 1-year subscription (₹399).
      • Swiggy One: 3-month subscription (₹600).
      • Fitpass Pro: 6-month subscription (₹15,000).
    • Benefits activate post-card issuance; specific terms apply (e.g., one-time activation).
  • Gender: Exclusively for women.
  • Age:
    • Salaried: 21–60 years.
    • Self-employed: 21–65 years.
  • Nationality: Indian resident.
  • Income: Minimum annual income of ₹7,20,000 (₹60,000/month).
  • Credit Score: A CIBIL score of 750+ is recommended for approval.
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, passport, voter’s ID, or driver’s license.
    • Address Proof: Aadhaar card, passport, utility bill, or voter’s ID.
    • Income Proof: Salaried: Bank statement reflecting salary credit for 2 months or salary slips with bank statement. Self-employed: ITR or 3-month bank statements.
    • One recent passport-size photograph (white background, no dark glasses).
  • Note: Applicants must meet Bank of Baroda’s internal credit criteria; existing BOBCARD holders may share credit limits.

The card’s Reward Points (RPs) are valid indefinitely for active accounts and redeemable as cashback (1 RP = ₹0.25) via the BOBCARD portal or app, with no redemption fee for statement credit. Accelerated rewards are capped at 5,000 points/month for 5X categories, and UPI rewards are capped at ₹500/month. Key rewards and benefits include:

  • Reward Points Structure:
    • 15 Reward Points per ₹100 (5X Rewards): On dining, travel (flights, hotels, railway/bus tickets), and international spends, yielding 3.75% return (capped at 5,000 points/month, ₹1,250).
    • 3 Reward Points per ₹100: On all other eligible spends (e.g., shopping, groceries, utilities), yielding 0.75% return (no cap).
    • UPI Rewards: Eligible for 3 RPs/₹100 (0.75%) or 15 RPs/₹100 (3.75%) based on category, capped at ₹500/month (2,000 points, ₹500).
    • Exclusions: No points on fuel, wallet loads (e.g., Paytm, PhonePe), select Merchant Category Codes (MCCs; see www.bobcard.co.in for details), or transactions below ₹100.
    • Redemption: Redeem for cashback (1 RP = ₹0.25) against statement balance, vouchers, or products via the BOBCARD portal. No minimum threshold or redemption fee for cashback.
  • Quarterly Discount Vouchers (Calendar quarters: Jan–Mar, Apr–Jun, Jul–Sep, Oct–Dec):
    • ₹500 off at Nykaa, Flipkart, and Myntra (₹1,500/quarter).
    • ₹1,500 off at Lakmé Salon.
    • ₹250 off at BookMyShow (BOGO on movie tickets).
    • ₹250 off at BigBasket.
    • Total: Up to ₹3,500/quarter (₹14,000/year). Vouchers credited post-quarter, subject to merchant terms.
  • Airport Lounge Access:
    • Unlimited Domestic Lounge Access: At major Indian airports (e.g., Bangalore, Chennai, Delhi, Mumbai) for primary and add-on cardholders. Effective January 1, 2025, requires ₹40,000 spend in the preceding calendar quarter. Access via RuPay card swipe. No international lounge access.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions between ₹400 and ₹5,000 at any fuel station in India, capped at ₹250/month (₹3,000/year). GST on surcharge is non-refunded. No reward points on fuel.
  • Health & Wellness:
    • Two complimentary women’s health packages annually:
      • Mammogram Package: Breast cancer screening.
      • Women Health & Pap Smear Package: Cervical cancer and general health check-ups (e.g., blood tests).
    • Available at partnered diagnostic centers; book via BOBCARD concierge or portal.
  • Low Forex Markup Fee:
    • 2% + GST (≈2.36%) on international transactions, competitive compared to 3%–3.5% industry standard.
  • EMI Conversion:
    • Convert purchases above ₹2,500 into Smart EMIs (6–48 months) at 1%–2% monthly interest via the BOBCARD app or customer care.
  • Contactless Payments:
    • NFC-enabled for secure tap-to-pay transactions up to ₹5,000 without a PIN.
  • UPI Integration:
    • Link to UPI apps (e.g., Google Pay, PhonePe) via RuPay for seamless digital payments, earning rewards subject to caps.
  • Add-On Cards:
    • Up to 3 lifetime-free add-on cards for family (spouse, parents, siblings, children over 18), earning rewards at the same rate.
  • Zero Lost Card Liability:
    • No liability for unauthorized transactions if reported immediately to BOBCARD’s 24/7 helpline (1800-103-1006).

The card has a moderate fee structure with spend-based waivers, making it cost-effective for active users. Key fees and charges include:

  • Joining Fee: ₹2,499 + GST (≈₹2,948.82), reversed on spending ₹25,000 within 60 days of issuance (reflected in the 4th statement, non-delinquent accounts only).
  • Annual/Renewal Fee: ₹2,499 + GST, waived on spending ₹2,50,000 in the previous card anniversary year (rent/wallet loads excluded).
  • Finance Charges: 3.5% per month (42% APR).
  • Cash Advance Fee: 2.5% of the withdrawn amount (minimum ₹500 + GST).
  • Foreign Currency Markup Fee: 2% + GST (≈2.36%).
  • Late Payment Charges:
    • ₹0 for dues up to ₹500.
    • ₹100 for ₹501–₹1,000.
    • ₹400 for ₹1,001–₹10,000.
    • ₹750 for ₹10,001–₹25,000.
    • ₹950 for ₹25,001–₹50,000.
    • ₹1,200 for dues above ₹50,000.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Reward Redemption Fee: ₹0 for cashback or statement credit; other categories (e.g., vouchers) may incur fees (not specified).
  • Card Replacement Fee: ₹100–₹250 + GST.
  • Rent/Utility Fees: 1% + GST (capped at ₹3,000) on rent and utility spends above ₹50,000/month.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

MakeMyTrip ICICI Bank Credit Card

MakeMyTrip ICICI Bank credit card with chip and contactless payment, offering travel rewards and cashback benefits

The MakeMyTrip ICICI Bank Credit Card is a travel-focused card that maximizes rewards on bookings made through MakeMyTrip’s platform (website, app, or mobile site), covering flights, hotels, holiday packages, cabs, buses, and trains. It features a robust reward system with myCash (1 myCash = ₹1), which never expires and is redeemable for travel bookings or partner vouchers via MakeMyTrip. The card supports contactless payments (up to ₹5,000 without a PIN), EMI conversion for transactions above ₹2,500, and international transactions with a low 0.99% forex markup fee. Available to individuals aged 21–60 with a stable income, it’s accessible via ICICI Bank’s website (www.icicibank.com), iMobile Pay app, or MakeMyTrip’s platform. The dual-network proposition (Mastercard and RuPay) enhances flexibility, with RuPay enabling UPI linkage for digital payments. The card replaces older MakeMyTrip ICICI variants (Platinum/Signature), offering improved rewards but requiring MakeMyTrip loyalty for optimal value.

  • Welcome Benefits (within 45 days of joining fee payment):
    • ₹1,000 MakeMyTrip voucher (valid for 3 months, no minimum booking amount).
    • Complimentary MMTBLACK Gold Membership (12 months, worth ₹1,499): Includes 10% off room/meal upgrades, 20% off F&B/spa at select hotels, 25% off flight add-ons, and 24/7 support. Existing members get a 12-month tenure extension.
  • Age: 21–60 years (primary cardholder); 15+ for add-on cardholders.
  • Nationality: Indian resident.
  • Income: Stable income (specific minimum not disclosed; typically ₹30,000–₹50,000/month based on credit profile).
  • Credit Score: CIBIL score of 750+ recommended for approval.
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, passport, voter’s ID, or driver’s license.
    • Address Proof: Aadhaar card, passport, utility bill (not older than 3 months), or voter’s ID.
    • Income Proof: Latest salary slips, Form 16, ITR, or 3-month bank statements.
    • One recent passport-size photograph.
  • Note: ICICI Bank conducts a hard credit inquiry during application. Existing ICICI cardholders may share credit limits, subject to internal policies.

The card’s rewards, earned as myCash (1 myCash = ₹1), are unlimited, never expire, and are redeemable for flights, hotels, holidays, or partner vouchers (e.g., restaurants, e-commerce) via MakeMyTrip’s checkout page (select “myCash & MMT Voucher”). Rewards are credited post-transaction settlement, and myCash cannot be used for rail, offline holiday bookings, or “Pay at Hotel” bookings. Key rewards and benefits include:

  • Reward Points Structure:
    • 6% myCash on Hotel Bookings: 12 myCash per ₹200 spent on hotel bookings via MakeMyTrip (website/app), yielding 6% return (over and above platform discounts). No cap.
    • 3% myCash on Travel Bookings: 6 myCash per ₹200 spent on flights, holiday packages, cabs, and bus bookings via MakeMyTrip, yielding 3% return. No cap.
    • 25 myCash per Train Booking: Fixed reward for train bookings via MakeMyTrip, regardless of spend amount (no cap).
    • 1% myCash on Other Spends: 2 myCash per ₹200 on all other retail spends (domestic/international, including insurance and forex transactions), yielding 1% return. Insurance capped at 1,000 myCash/year (₹10 lakh spend).
    • Exclusions: No myCash on rent payments, EMI transactions, fuel, cash withdrawals, wallet loads (e.g., Paytm, PhonePe), government services, or transactions for commercial purposes.
    • Redemption: Apply myCash at MakeMyTrip’s checkout (no minimum threshold) or purchase partner vouchers. Check balance via the MakeMyTrip app under the “MyCash” tab.
  • Annual Benefit:
    • ₹1,000 MakeMyTrip hotel voucher (valid for 3 months) on payment of annual fee, credited within 45 days.
  • Airport Lounge Access:
    • 8 Domestic Lounge Visits per Year: 2 complimentary visits per quarter at major Indian airports (e.g., Bangalore, Chennai, Delhi, Mumbai) for primary cardholder only. No minimum spend required (unlike Signature variant’s ₹5,000/quarter).
    • 1 International Lounge Visit per Year: Complimentary via Dreamfolks membership (₹99 annual fee waived; additional visits chargeable at ~US$32).
  • Entertainment Benefits:
    • Buy One, Get One (BOGO) movie ticket offer: 25% off (up to ₹150) on the second ticket, twice monthly (once on Mastercard, once on RuPay) via BookMyShow or INOX, saving up to ₹3,600/year.
  • Dining Discounts:
    • Up to 15% off at select restaurants via ICICI Bank’s Culinary Treats program, enhancing dining experiences.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel transactions up to ₹4,000 at HPCL pumps (swiped on ICICI Merchant Service machines), capped at ₹250/month (₹3,000/year). GST on surcharge non-refunded.
  • Forex Markup Fee:
    • 0.99% + GST (≈1.17%) on international transactions, with 1% myCash earned, netting near-zero cost.
  • EMI Conversion:
    • 3-month no-cost EMI on all MakeMyTrip transactions (flights, hotels, holidays). Other transactions above ₹2,500 convertible into EMIs at 1%–2% monthly interest via iMobile Pay or customer care (no myCash on EMIs).
  • Contactless Payments:
    • NFC-enabled for secure tap-to-pay transactions up to ₹5,000 without a PIN.
  • UPI Integration:
    • RuPay variant links to UPI apps (e.g., Google Pay, PhonePe) for online payments, earning myCash per reward structure.
  • Zero Lost Card Liability:
    • No liability for unauthorized transactions if reported immediately to ICICI Bank’s helpline (1800-1080 or SMS CCBLK to 5676766). Filing an FIR is advised.
  • Dual-Network Flexibility:
    • Receive both Mastercard and RuPay cards for enhanced acceptance and UPI compatibility.

The card has a moderate fee structure with an annual fee waiver for achievable spends. Key fees and charges include:

  • Joining Fee: ₹999 + GST (≈₹1,178.82).
  • Annual/Renewal Fee: ₹999 + GST, waived on ₹2,99,000 spends in the previous anniversary year (rent/wallet loads excluded). Some sources cite ₹3,00,000, creating minor confusion.
  • Finance Charges: 3% per month (36% APR) on overdue amounts or revolving credit.
  • Cash Advance Fee: 2.5% of the withdrawn amount (minimum ₹300 + GST).
  • Foreign Currency Markup Fee: 0.99% + GST (≈1.17%).
  • Late Payment Charges:
    • ₹0 for dues up to ₹100.
    • ₹100 for ₹101–₹500.
    • ₹400 for ₹501–₹1,000.
    • ₹500 for ₹1,001–₹10,000.
    • ₹600 for ₹10,001–₹25,000.
    • ₹800 for ₹25,001–₹50,000.
    • ₹1,200 for dues above ₹50,000.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Reward Redemption Fee: ₹0 for myCash applied at MakeMyTrip checkout or partner vouchers.
  • Add-On Card Fee: ₹199 + GST per add-on card.
  • Card Replacement Fee: ₹100–₹250 + GST.
  • Rent/Utility Fees: 1% + GST (capped at ₹3,000) on rent and utility spends above ₹50,000/month.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

HSBC Live+ Credit Card

HSBC Live+ credit card with chip and contactless payment, offering travel rewards and cashback benefits

The HSBC Live+ Credit Card is tailored for everyday spenders who prioritize dining, groceries, and food delivery, offering a 10% cashback on these categories (capped at ₹1,000/month) and 1.5% unlimited cashback on most other spends. It supports contactless payments (Visa Paywave, up to ₹5,000 without a PIN), EMI conversion for transactions via listed merchants, and international transactions with a 3.5% forex markup fee. The card is available only to residents of select Indian cities (e.g., Bangalore, Chennai, Delhi NCR, Mumbai, Pune) and requires a stable income and good credit history. Applications can be submitted online via the HSBC website (www.hsbc.co.in) or Paisabazaar, with video KYC for quick processing. Both primary and supplementary cards are activated via the HSBC India app, and cashback is credited automatically within 45 days of the statement date, simplifying the reward process. The card’s focus on food-related spends and lounge access makes it a strong contender for urban professionals, but its city restrictions and category exclusions require careful consideration.

  • Welcome Benefits:
    • ₹1,000 Cashback: On spending ₹20,000 within 30 days of card issuance and logging into the HSBC India Mobile Banking app. Cardholders must have updated KYC and no overdue payments.
    • ₹250 Amazon eGift Voucher: On completing online application with video KYC.
  • Age: 18–65 years (primary cardholder).
  • Nationality: Indian resident.
  • Income: Minimum annual income of ₹4,00,000 for salaried individuals (specific criteria for self-employed not disclosed).
  • Residency: Must reside in Bangalore, Chennai, Gurgaon, Hyderabad, Mumbai, Delhi NCR, Noida, Pune, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, or Kolkata.
  • Credit Score: A CIBIL score of 750+ is recommended.
  • Documents:
    • Identity Proof: PAN card, Aadhaar card, driver’s license, passport, voter’s ID, or government-approved photo ID.
    • Address Proof: Aadhaar card, passport, utility bill, or voter’s ID.
    • Income Proof: Latest salary slips, Form 16, ITR, or 3-month bank statements.
    • One recent passport-size photograph.
  • Note: HSBC conducts thorough credit checks; credit limits are based on credit score, repayment history, and debt-to-income ratio.

The card offers cashback credited directly to the card account within 45 days of the statement date, with no redemption process required. The 10% cashback is capped at ₹1,000/month for accelerated categories, and 1.5% cashback is unlimited for eligible spends (exclusions apply). Key rewards and benefits include:

  • Cashback Structure:
    • 10% Cashback on Groceries, Dining, and Food Delivery: Applies to grocery shopping (online/offline, excluding Amazon Fresh or department stores), dining (restaurants, cafes), and food delivery (e.g., Swiggy, Zomato), capped at ₹1,000/month (₹12,000/year). Yields 10% return on up to ₹10,000 monthly spends in these categories.
    • 1.5% Unlimited Cashback on Other Spends: Covers most retail purchases (online/offline, including entertainment, shopping, and international spends), yielding 1.5% return. Exclusions include fuel, rent, utilities, insurance, wallet loads (e.g., Paytm, PhonePe), government services, education, jewelry, antiques, gambling, tolls, cash withdrawals, credit repayments, and select business-to-business transactions (full list at www.hsbc.co.in).
    • Cashback via EMI: Available on Instant EMI transactions at listed merchants, credited within 45 days.
  • Airport Lounge Access:
    • 4 complimentary domestic lounge visits per year (1 per quarter) at major Indian airports (e.g., Bangalore, Chennai, Delhi, Mumbai) for primary and supplementary cardholders. Access via Visa card swipe; no minimum spend required.
  • Dining Discounts:
    • Up to 15% off at over 1,000 participating restaurants across India and select Asian countries via the HSBC Live+ Dining Programme, combinable with 10% cashback for up to 25% total savings on dining. Access curated offers via the Visa Digital Concierge app.
  • Entertainment Offers:
    • Buy Two, Get One Free movie tickets on Saturdays via BookMyShow, enhancing entertainment savings.
  • Forex Cashback:
    • 1% cashback on all foreign currency transactions, with an additional 1% if spends exceed ₹10 lakh during the offer period (valid until June 30, 2025; register by SMS “HSBCFX” to 575750).
  • Insurance Cover:
    • Up to ₹3,00,000 against unauthorized transactions up to 24 hours prior to reporting card loss, ensuring security.
  • Contactless Payments:
    • Visa Paywave-enabled for secure tap-to-pay transactions up to ₹5,000 without a PIN.
  • Supplementary Cards:
    • Free add-on cards for family members (aged 18+), earning cashback at the same rates and sharing lounge access.
  • Emergency Card Replacement:
    • Global emergency card replacement within 3 days if lost, ensuring uninterrupted use.

Fees and Charges

The card has a moderate fee structure with a spend-based annual fee waiver, making it cost-effective for active users. Key fees and charges include:

  • Joining Fee: ₹999 + GST (≈₹1,178.82).
  • Annual/Renewal Fee: ₹999 + GST, waived on spending ₹2,00,000 in the previous anniversary year (rent, wallet loads, and excluded categories don’t count).
  • Finance Charges: 3.6% per month (43.2% APR).
  • Cash Advance Fee: 2.5% of the withdrawn amount (minimum ₹500 + GST).
  • Foreign Currency Markup Fee: 3.5% + GST (≈4.13%), with 1%–2% cashback via the forex offer.
  • Late Payment Charges:
    • ₹0 for dues up to ₹100.
    • ₹100 for ₹101–₹500.
    • ₹400 for ₹501–₹1,000.
    • ₹500 for ₹1,001–₹10,000.
    • ₹600 for ₹10,001–₹25,000.
    • ₹800 for ₹25,001–₹50,000.
    • ₹1,200 for dues above ₹50,000.
  • Overlimit Fee: 2.5% of the over-limit amount (minimum ₹500).
  • Reward Redemption Fee: ₹0 (cashback credited automatically).
  • Card Replacement Fee: ₹100–₹250 + GST.
  • Cheque Return/Auto-Debit Reversal Fee: ₹300–₹500.
  • Other Charges: GST (18%) applies on all fees and charges as per government regulations.

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