Introduction
When it comes to finding the best credit cards in India, there are a few things you need to consider. First, what is your credit score? Your credit score will play a big role in determining which card is best for you. If you have a good credit score, you’ll likely be able to qualify for a better interest rate and more perks. Second, what are your spending habits? Do you tend to spend more on groceries or travel? Knowing this will help you choose a card that offers the best rewards for your spending habits.
Finally, what are your financial goals? Are you looking to pay off debt, save for a rainy day fund, or build your credit history? Once you know the answers to these questions, you’ll be well on your way to finding the best credit card for your needs.
Best Overall Credit Cards in India
There are a lot of great credit cards out there, but which ones are the best for people living in India? To answer that question, we’ve compiled a list of the best overall credit cards in India, based on factors like rewards, cash back, interest rates, and more. So, without further ado, here are the best overall credit cards in India:
1. The HDFC Bank Regalia Credit Card is our top pick for the best overall credit card in India. It offers a host of great benefits like 5% cash back on all spends, complimentary airport lounge access, and more. Plus, it comes with a relatively low-interest rate of just 3.5% per annum.
2. The SBI Elite Credit Card is another great option for people looking for a good all-around credit card. It offers up to 5% cash back on select categories like travel and dining and comes with a host of other benefits like complimentary airport lounge access and more.
3. The Axis Bank Vistara Credit Card is a great option for people who often travel by air. It offers up to 6% cash back on Vistara flight bookings and comes with other perks like complimentary airport lounge access and more.
4. The Citibank Cashback Credit Card is a great option for people who want to earn cash back on their everyday spending. It offers up to 5% cash back on select categories like fuel, groceries, and more. Plus, it comes with a host of other benefits like complimentary airport lounge access and more.
5. The ICICI Bank Platinum Credit Card is another great option for people looking for a good all-around credit card
Best Cashback Credit Cards in India
There are a few things to consider when choosing the best cashback credit card in India. The first is the type of spender you are. If you are a big spender, then you will want to look for a card that offers a high cash-back percentage. For smaller spenders, a lower percentage may be more beneficial. Another thing to consider is the type of purchases you make most often. If you tend to spend a lot on groceries, then you will want to find a card that offers cash back on grocery purchases. There are also cards that offer bonus cash back on specific categories, such as gas or travel.
Finally, you will want to consider the terms and conditions of each card before applying. Some cards have annual fees, while others do not. Some also have limits on the amount of cash back you can earn in a year. Be sure to read the fine print so that you choose the card that is right for you.
Best Travel Credit Cards in India
There are many great travel credit cards in India that can offer cardholders a variety of benefits. Some of the best travel credit cards in India include the HDFC Bank Regalia Credit Card, the Axis Bank My Zone Credit Card, and the Citibank PremierMiles Credit Card. The HDFC Bank Regalia Credit Card is a great option for those who are looking for a travel credit card with a wide range of benefits.
Some of the benefits that this card offers include access to airport lounges, complimentary domestic and international flight tickets, and discounts on hotel bookings. The Axis Bank My Zone Credit Card is another great option for those who are looking for a travel credit card with a wide range of benefits. Some of the benefits that this card offers include 5% cashback on domestic and international flight bookings, 3% cashback on hotel bookings, and 1% cashback on all other spends.
The Citibank PremierMiles Credit Card is another great option for those who are looking for a travel credit card with a wide range of benefits. Some of the benefits that this card offers include 10% off on domestic and international flight bookings, 5% off on hotel bookings, and up to 4 complimentary lounge visits per year.
Best Balance Transfer Credit Cards in India
Balance transfer credit cards can be a great way to save money on interest payments, especially if you are carrying a balance on another high-interest credit card. When you transfer your balance to a balance transfer credit card, you will typically have a promotional period of 0% APR for a set number of months. This can help you save a significant amount of money in interest charges, giving you more breathing room in your budget. There are a few things to keep in mind when choosing a balance transfer credit card, such as the length of the promotional period and the balance transfer fee.
You will also want to make sure that you pay off your balance before the end of the promotional period, as any remaining balance will be subject to the card’s regular APR. With all of that in mind, let’s take a look at some of the best balance transfer credit cards in India:
1. SBI Card Elite – This card offers a promotional period of 20 months with 0% APR on balance transfers. There is also no balance transfer fee for transfers made within the first 90 days.
2. HDFC Bank Regalia First – This card offers a promotional period of 18 months with 0% APR on balance transfers. There is also no balance transfer fee for transfers made within the first 90 days.
3. ICICI Bank Platinum Chip Credit Card – This card offers a promotional period of 15 months with 0% APR on balance transfers. There is also no balance transfer fee for transfers made within the first 90 days.
4. Citibank Rewards Credit Card – This card offers a promotional period of 12 months with 0% APR on balance transfers. There is also no balance transfer fee for transfers made
Best Rewards Credit Cards in India
There are many different types of reward credit cards available in India, and it can be difficult to choose the best one for your needs. However, there are a few factors that you should consider when choosing a rewards credit card, such as the type of rewards that you want to earn, the annual fee, and the interest rate. The best rewards credit cards in India will offer you a variety of ways to earn rewards, such as cashback, points, or miles. You should also consider the annual fee and interest rate when choosing a rewards credit card.
Conclusion
The best credit card in India depends on your individual needs and spending habits. If you are a frequent traveler, then a travel credit card would be the best option for you. If you are looking to save money on your everyday purchases, then a cashback credit card would be the best option for you. And if you are looking to transfer your balance from another high-interest credit card, then a balance transfer credit card would be the best option for you.