Which is Best Credit Card in India (2021)? [Tested And Reviewed]
Table of Contents
Now when you think of which is best credit card in India first you must be clear with your requirements.
All credit cards that banks offer are in collaboration with MarsteCard, VISA or American Express. Neither there is any difference in credit card acceptance nor in their interest free period. In terms of credit limit allocation more or less the formula is also same.
Finally the obvious question that we have in mind is:
Which is Best Credit Card in India?
Selection of best credit card in India totally depends on your requirements. Broadly we will categories them in following factors.
- Shopping
- Travel
- Fuel
- Movie.
Based on your needs we will sort which bank credit card is best in India. However I will make sure that my list includes best credit cards with lowest or zero annual fees.
Best Credit Card For Shopping Needs
Before you go for these category cards please analyse your monthly shopping expenses. Check whether you spend more shopping online or you like shopping at malls or brand stores.
Do these questions really make sense here?
Yes, they do. These questions are really important as they relates to what benefit you can get over your credit cards.
But how? Find your answer here.
SBI SimplyCLICK Credit Card (Online shopping benefits)
Annual Fees - Rs 499
- Get Amazon.in gift card worth Rs.500* on joining as login gift
Annual Fees Reversal
- Spend Rs 1,00,000 and get annual fee of Rs 499 reversed for your subsequent year.
* Apart from these SBI has amazing joining offers at different time schedules like bookmyshow ticket vouchers or many others. Ask your officials for any ongoing extra offers during joining.
e-Shopping Rewards
- Earn 10X Reward Points on online spends with exclusive partners - ( Amazon / BookMyShow / Cleartrip / Foodpanda /Lenskart / Netmeds / UrbanClap )
- Earn 5X rewards on all other online spends
Milestone Rewards
- e-voucher worth Rs.2,000 on annual online spends of Rs.1 Lakh
- e-voucher worth Rs.2,000 on annual online spends of Rs.2 Lakhs
SBI Central Select Plus Credit Card (Shopping malls benefits)
Annual Charges: Rs 3000
Joining & Complementary Benefits
- Central e-gift vouchers worth Rs. 3000
- Complimentary m-coupons worth Rs. 500 each for first 3 months. Each voucher holds a validity of 3 months
- 2 Complimentary bookmyshow vouchers worth Rs. 250 each for first 3 months. Each voucher holds a validity upto 3 months. (limited period offer)
Milestone Select Points
Milestone Select Points worth Rs. 4,000 on annual spends^ greater than equal to Rs. 6 lakh
Annual Spend Select Points
Rs. 1,50,000 - 6000 points
Rs. 3,00,000 - 10000 points
Rs. 6,00,000 - 16000 points
Accelerated Select Points
- 20 Select Points for every Rs. 100 spent any Central store
- 10 Select Points for every Rs. 100 on Dining & Movies
- 2 Select Points for every Rs. 100 other retail spends (Non-fuel)
1 Select Point = Rs. 0.25
Renewal Select Points
- 12000 Select Points worth Rs. 3000 on renewal fee payment and annual spends of Rs. 1,25,000
Best Credit Card with Traveling Benefits
If you are frequent traveler then credit cards with travel and lounges benefits will be highly profitable for you. One can save tones with free flight tickets every month.
You must try these travel and lounges credit cards if you have regular monthly travel expenses. JetPrivilege HDFC bank credit card is best you can go. Its all in one card that one loves to have.
HDFC JetPrivilege Credit Card
Annual Charges: Rs 3000
Joining & Complementary Benefits
- Central e-gift vouchers worth Rs. 3000
- Complimentary m-coupons worth Rs. 500 each for first 3 months. Each voucher holds a validity of 3 months
- 2 Complimentary bookmyshow vouchers worth Rs. 250 each for first 3 months. Each voucher holds a validity upto 3 months. (limited period offer)
Milestone Select Points
Milestone Select Points worth Rs. 4,000 on annual spends^ greater than equal to Rs. 6 lakh
Annual Spend Select Points
Rs. 1,50,000 - 6000 points
Rs. 3,00,000 - 10000 points
Rs. 6,00,000 - 16000 points
Accelerated Select Points
- 20 Select Points for every Rs. 100 spent any Central store
- 10 Select Points for every Rs. 100 on Dining & Movies
- 2 Select Points for every Rs. 100 other retail spends (Non-fuel)
1 Select Point = Rs. 0.25
Renewal Select Points
- 12000 Select Points worth Rs. 3000 on renewal fee payment and annual spends of Rs. 1,25,000
Best Credit Card for Fuel Discounts
Fuel discount credit cards its really amazing if someone has more monthly expense on fuel consumption as compare to other expenditure. These cards will let you earn extra free liters of fuel every month.
SBI BPCL credit card will be my recommendation for credit card with great fuel discounts.
SBI Bharat Petroleum Credit Card
Annual Charges : Rs 499
Welcome Gift
- Get 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of joining fee.
Value Back Benefits
- 4.25% Valueback ~ 13X Reward Points on fuel purchases at BPCL petrol pumps.
- 3.25% + 1% Fuel surcharge waiver on every transaction upto Rs. 4,000
- Additional 0.75% Valueback as per mandate from the Government of India
Renewal Charges : Rs 499
Reward Benefits
- 5X Reward Points on every Rs. 100 spent at Groceries, Departmental stores, Movies & Dining.
- 5X Reward Points per Rs. 100 spent on standing instructions of Utility Bills payments.
- Get 1 Reward Point for every Rs. 100 spent on non-fuel retail purchases
Fuel Freedom Benefits
- 4.25 % Valueback (13X Reward Points equivalent to 3.25% + 1% Fuel surcharge waiver on every transaction of upto Rs. 4,000), at any BPCL petrol pump across the country.
- Maximum surcharge waiver of Rs. 100 in a month, which is equivalent to an Annual Savings of Rs.1200.
Best Credit Cards for Free Movie Tickets
Everyone loves to watch movies. Isn’t it?
Just imagine how it feels if your monthly expenses can earn you movie tickets absolutely free every month. I bet you won’t be denying that.
Yes, I have next Kotak PVR credit card to my list that with serve this purpose.
How? Lets check out
Kotak PVR Credit Card
Annual Charges : Rs 499
Condition for waiver of Annual Fees - Not Applicable
Other Charges
Addon Card Fees : Rs 300 per card
Interest Charges on Outstanding Balances - 3.50% (Annualized 42%)
Over Limit Charge - Rs 500
Fee for Cash payment at Bank - Rs 100
Conclusion
So, we have seen which are the best credit cards in India based on your requirements. Now its your turn to decide on which is best credit card for you. Analyse your area of expense and then make better choice.
If you are already having credits cards read amazing article on how you earn cashback and amazing rewards with credit card payments.
If you find above information please comment and do share with your fellow mates. Also feel free to ask your all credit card related queries, I will definitely provide you with best resolution that I can.
