In today’s time, choosing a good credit card is very important. They provide you with various types of benefits like discounts on travel, cashback on online shopping and points on any purchase in the form of reward points. The credit card industry in India has seen significant growth with a CAGR of 20% over 5 years as well as record spending in 2022. In this article, we have told you about the 7 Best Credit Cards In India, through which you can get immense benefits in any type of shopping by going with a good credit card.
Best Credit Cards In India
- Flipkart Axis Bank Credit Card: Best Credit Card for Flipkart Discounts
- Axis Bank Ace Credit Card: Best Credit Card for Paying Utility Bills
- IDFC Wow Credit Card: Best Credit Card for Travellers
- Axis Bank Magnus Credit Card: Best Credit Card for Premium Benefits
- SBI Cash Back Credit Card: Best Credit Card for Earning Cash Back
- HDFC Millennia Credit Card: Best Credit Card for Earning Cashback
- SBI Card Prime: Best Premium Card for Luxuries
Flipkart Axis Bank Credit Card
The Flipkart Axis Bank Credit Card is a convenient payment option offered in partnership with Axis Bank and Flipkart. It provides users with exclusive benefits and rewards when shopping on Flipkart, including discounts, cashback, and accelerated reward points. With this card, users can enjoy special privileges such as complimentary airport lounge access and fuel surcharge waivers.
It’s easy to apply for and manage, with online account access and customer support. Whether shopping online or offline, the Flipkart Axis Bank Credit Card offers a seamless and rewarding experience for users, making it a popular choice among shoppers.
| Annual Fee | INR 500+ taxes |
| Welcome Benefits | Multiple |
| Key Feature | Discounts, cashback |
| Apply Now | Click Here |
Axis Bank Ace Credit Card
The Axis Bank Ace Credit Card is a financial tool offered by Axis Bank that provides users with various benefits and rewards. It is designed to cater to the needs of different types of users, offering features like cashback on purchases, reward points, and discounts on dining, shopping, and travel. With easy application processes and flexible payment options, the Axis Bank Ace Credit Card is accessible to a wide range of individuals. It provides a convenient way to make transactions both online and offline, making it a valuable addition to anyone’s wallet.
| Annual Fee | INR 499 + taxes |
| Welcome Benefits | Cash back (conditional) |
| Key Feature | Cashback |
IDFC Wow Credit Card
IDFC Wow Credit Card is a credit card offered by IDFC Bank. It comes with various benefits such as cashback, rewards, and discounts on shopping, dining, and travel. With easy application and approval processes, it provides users with a convenient way to make purchases and manage their finances.
Axis Bank Magnus Credit Card
Axis Bank Magnus Credit Card offers exclusive benefits like complimentary airport lounge access, concierge services, and rewards on spends. With features such as contactless payment and EMI options, it provides convenience and flexibility. Ideal for frequent travelers and luxury lifestyle enthusiasts, this card elevates your banking experience with premium privileges.
| Annual Fee | INR 10,000+ 18% GST |
| Welcome Benefits | Multiple |
| Key Feature | Luxury Services |
SBI Cash Back Credit Card
The SBI Cash Back Credit Card offers you the benefit of getting cash back on your purchases. With this card, you earn a percentage of your spending back as cash rewards, which you can use for future purchases or to reduce your outstanding balance.
Read More: Best Credit Cards of HDFC Bank in India 2023
It’s a straightforward way to save money while you spend. Plus, SBI provides various offers and discounts on shopping, dining, travel, and more, making it a valuable addition to your wallet. With no complicated terms or conditions, this card is an excellent choice for those looking for easy-to-understand rewards and benefits.
Pros & Cons
- Fuel surcharge charges waiver
- Simple to use
- Cashback not applicable on utility, insurance, fuel, rent, wallet, school and educational services, jewelry, railways
HDFC Millennia Credit Card
The HDFC Millennia Credit Card is designed for young individuals who want to enjoy various benefits while managing their expenses conveniently. With this card, users can earn cashback on their everyday purchases, including groceries, dining, and online shopping. Additionally, cardholders can enjoy discounts on movie tickets and travel bookings.
Read More: Best Credit Cards of HDFC Bank in India 2023
The card also offers fuel surcharge waivers, making it ideal for those who frequently use their vehicle. With easy application processes and flexible repayment options, the HDFC Millennia Credit Card is a popular choice among millennials looking for a hassle-free way to manage their finances and enjoy rewards.
SBI Card Prime
The SBI Card Prime is a credit card offered by State Bank of India with various benefits and features. It’s designed to provide users with exclusive rewards and privileges. With the SBI Card Prime, you can enjoy cashback offers, discounts on dining, shopping, and travel, as well as complimentary airport lounge access.
The card also comes with a low annual fee and flexible payment options. It’s suitable for individuals looking for a credit card that offers value for money and rewards for their spending.
| Annual Fee | INR 2,999+ taxes |
| Welcome Benefits | E-gift voucher |
| Key Feature | Reward points |
FAQs
Which credit card is best for Flipkart discounts?
The Flipkart Axis Bank Credit Card is recommended for Flipkart discounts.
Which credit card is ideal for paying utility bills?
The Axis Bank Ace Credit Card is considered the best for paying utility bills.
Which credit card is recommended for earning cashback?
Both the SBI Cash Back Credit Card and HDFC Millennia Credit Card are great options for earning cashback.