April 26, 2023

Find the Best Credit Cards in India 2023

Best Credit Cards in India

While managing your finances, credit cards are a valuable tool that may help you build credit, earn rewards, and enjoy various benefits. However, with so many credit card options available in India, choosing the best one for your needs can take time and effort. That's why we bring you this comprehensive guide to the best credit cards in India.
In this blog, we'll cover the top credit cards in India, grouped by category and benefits. We'll also provide tips on which is the best credit card in India that suits your needs and explain the factors you should consider while comparing credit cards.

Benefits of the Best Credit Card and How to Choose the Best Credit Card in India?

Before we dive into India’s best credit cards, it is essential to understand the benefits of having a credit card and what to look for while choosing the credit card best suited to your needs.
One of the best benefits of having a credit card is the ability to build credit. Using your credit card responsibly and making timely payments can improve your credit score. This may help you qualify for mortgages, better loan interest rates, and other financial products.
The best credit card in India also offers a range of benefits, including rewards programs, cashback offers, and discounts on purchases. Depending on your spending habits and lifestyle, choose a credit card that offers rewards or cashback on specific categories, such as dining, travel, or groceries.
While choosing a credit card in India, several factors need to be considered. These include the annual fee, interest rates, credit limit, and reward programs. You should also consider your credit score, spending habits, and lifestyle to determine which credit card fits you best.
Now that you’ve read about the benefits of having a credit card and what to look for when choosing the best one, let's take a look at the top credit cards in India.

Best Credit Cards in India for Rewards:HDFC Bank Regalia Credit Card:

This is the best credit card in India offering generous dining, travel, and shopping rewards. Cardholders earn 4 reward points for every Rs. 150 spent and can redeem their points for air miles, hotel stays, and other rewards. The annual subscription fee for this card is Rs. 2,500, but it's waived, for the first year.
Citi Rewards Credit Card: With the Citi Rewards Credit Card, cardholders earn 1 reward point for every Rs. 125 spent. The card also offers discounts on dining, shopping, and entertainment. The yearly fee for this card is Rs. 1,000, but it's waived off, for the first year.

Best Credit Cards in India for Cashback:Standard Chartered Super Value Titanium Credit Card:

This best credit card in India offers up to 5% cashback on fuel, phone, and utility bills. Cardholders also earn 1 reward point for every Rs. 150 spent. The fee for this card is Rs. 750 annually.
ICICI Bank Amazon Pay Credit Card: This credit card offers cashback on Amazon purchases, as well as discounts on dining, travel, and entertainment. Cardholders earn 1% cashback on all purchases, 2% cashback on Amazon purchases, and up to 5% cashback on Amazon Prime purchases. The yearly fee for this card is Rs. 500, but it's waived off, for the first year.

Best Credit Cards in India for Travel:Axis Bank Vistara Credit Card:

This credit card offers exclusive benefits for frequent travelers, including free Vistara flight tickets and lounge access. Cardholders earn 4 Club Vistara points for every Rs. 200 spent and can redeem their points for flight tickets, upgrades, and more. The annual fee is Rs. 1,500.
American Express Platinum Travel Credit Card: With the American Express Platinum Travel Credit Card, cardholders can earn reward points on every purchase and redeem them for flights, hotels, and other travel-related expenses. The card also offers travel benefits like lounge access, complimentary domestic airport spa sessions, and travel insurance coverage. This credit card has an annual fee of Rs. 5,000, but cardholders can earn back this amount as a welcome gift and through reward points.

Best Credit Cards in India for Shopping:SBI Card Elite:

This credit card offers exclusive benefits for luxury shopping, including discounts on high-end brands, free movie tickets, and complimentary airport lounge access. Cardholders earn 2 reward points for every Rs. 100 spent and can redeem their points for products, vouchers, and air miles. With an annual fee of Rs. 4,999, you can proceed with the card, but the annual fee is waived off, for the first year.
Axis Bank Neo Credit Card: This credit card offers online shopping, dining, and entertainment discounts. Cardholders earn 10% cashback on Amazon, Flipkart, and Myntra purchases and 5% cashback on other online transactions. The fee you have to pay annually for this card is Rs. 250, but it's waived off, for the first year.

Factors to Consider when Choosing the Best Credit Card in India:

  • Annual Fee: The annual fee is the amount you must pay each year for using a credit card. While some of India’s best credit cards offer benefits that justify the annual fee, others may not. So, be sure to choose a credit card with a yearly fee that fits your budget and offers benefits that match your spending habits and lifestyle.
    • Interest Rates:Interest rates can vary depending on the credit card issuer and your credit score. Make sure to choose a credit card with a low-interest rate if you plan on carrying a balance on your card.
    • Credit Limit: The credit limit is the maximum amount you can spend on your credit card. Choose a credit card with a credit limit that fits your spending needs.
    • Reward Programs: Different credit cards offer different reward programs, such as cashback, reward points, and air miles. Choose a credit card with a reward program that matches your spending habits and offers benefits that will be useful for you.
    • Additional Benefits: Some credit cards offer other benefits, such as travel insurance, lounge access, and concierge services. Make sure to choose a credit card that provides benefits that match your lifestyle and needs.

Conclusion

Choosing the best credit card in India may be overwhelming at first, but it's essential to consider your spending habits, lifestyle, and financial goals. Whether you're looking for rewards, cashback, travel benefits, or shopping discounts, a credit card in India can meet your needs. By comparing credit cards and considering the factors outlined in this guide, you can choose the best credit card for your needs and enjoy the multiple benefits of responsible credit card use.

Disclaimer

The investment options and stocks mentioned here are not recommendations. Please go through your own due diligence and conduct thorough research before investing. Investment in the securities market is subject to market risks. Please read the Risk Disclosure documents carefully before investing. Past performance of instruments/securities does not indicate their future performance. Due to the price fluctuation risk and the market risk, there is no guarantee that your personal investment objectives will be achieved.

Never miss a trading opportunity with Margin Trading Facility

Enjoy 2X leverage on over 900+ stocks

Upstox Margin Trading Facility
Apple Logo
Downloadlogo
iOS App
Google Play Logo
Downloadlogo
Android App

RELATED ARTICLES

Bank Of Baroda (BOB) Net Banking - Login, Registrations, & Online Banking

Ranked among the top five public sector banks in India with a strong footprint in the domestic and overseas market, Bank of Baroda ( BoB) has come a long way since its inception in 1908 at Vadodara. Backed by a domestic network of 8214 branches, largely spread across (~58%) the rural and semi urban areas and significant overseas presence with 96 offices across 19 countries, worldwide. As one of India's leading PSBs', the GoI is BoB's largest shareholder with a stake of 63.97% (as on March 31 2021). The bank offers a comprehensive portfolio of services, both offline and online across customer profiles, retail and corporate. The bank's digital banking solutions is christened as 'BoB World Internet, which provides customers an entire suite of user friendly, compatible, customisable services, everytime, everywhere, as per your convenience. For example, through BoB world internet, customers can: - Transfer funds through [IMPS](https://upstox.com/banking/what-is-imps-meaning-full-form-charges-limits-and-how-to-transfer-money/)/ [NEFT](https://upstox.com/banking/what-is-neft-meaning-timings-full-form-charges-and-how-to-transfer-money/) or [RTGS](https://upstox.com/banking/what-is-rtgs-meaning-full-form-timings-charges-and-transfer-limit/) - Pay their Taxes , utility bills - Pay EMIs, insurance premiums - Book rail & air tickets online - Open online [ fixed deposit](https://upstox.com/banking/what-is-fixed-deposit-fd-interest-rates-benefits-account-opening-process/) or recurring deposit - Initiate stop payment option - Subscribe to IPOs - Request for issuance of cheque books - Opt for debit card management services - for Card issuance, set limit, PIN, block for debit cards - Make quick fund transfers - Make use of multiple workflows for corporate user accounts - Utilise bulk payment facility Are you tempted to know more about BoBWorld Internet Banking?

Union Bank Balance Check Number - By ATM, SMS, Net Banking

| Union Bank Customer Care Number Balance Check Toll-Free | 1800-22-2244 | | --- | --- | | Union Bank Of India Balance Inquiry via SMS | 09223008486 | | Union Bank Of India Balance Check Number Missed Call | +91 9223008586 | One of India's best banks is the Union Bank of India (UBI). It sets a standard by providing top-notch banking services to all enrolled individuals. Outstanding service recognition and technology developments have helped the Union Bank of India become more well-known. Customers can easily check their account balances using the online banking and mobile banking services offered by Union Bank of India. Customers can also use Union Bank of India's Missed Call, SMS Banking Service, and other options to check their balance. Account holders who have registered their cellphone numbers have access to phone and mobile banking features, which allow them to rapidly check their available balance and inquire about it. This article outlines everything you need to know about union bank balance check numbers and how to check the union bank account balance. Let's take a look.

E-RUPI Contactless Digital Payment Platform - Meaning, Benefits & How Does Operate

The Government Of India appears to have created a strategy to harness digital infrastructure to ensure leak-proof delivery of its welfare packages. The concept is simple and utilized in the United States, Hong Kong, and various other countries: prepaid vouchers for specified uses. As a trailblazer in fintech, and given its tendency for techno-solutionism, India is doing something similar by launching a new payment system. The digital voucher-based electronic payment system known as "e-RUPI" is expected to be the first step toward creating a digital currency.

United Bank India Mobile Banking

- Have you run out of time to visit your bank branch to make an urgent fund transfer? - Are you looking at an alternative channel for your banking transactions which is convenient, compatible, accessible, comprehensive, easy to use,quicker, free of cost, bundled service offerings and is safe and secure. - Have you lost your network connection and yet you need to view your account balance on an urgent basis?. Mobile banking channel is the answer to your needs. Case in point being, United Bank of India ( UBI). UBI is now a part of Punjab National Bank (PNB), having merged with effect from April 1, 2020. Established in 1950 in Kolkata as a regional private bank catering to the eastern and north-eastern belt, the bank was nationalised in 1969 and over the years, the bank expanded its network of branches and asset base to become a mid-sized PSB ( Public Sector Bank) to include a network of more than 2000 branches and three fully equipped overseas branches in New Delhi, Kolkata and Mumbai. In fact, UBI is among the leading banks in the states of West Bengal, Assam, Tripura and Manipur. Backed by an asset base of ₹1.52 lakh crore ( as on September, 2019), UBI offers a comprehensive portfolio of services across multiple channels, offline and online through netbanking, mobile banking such as check balance, transfer money,make utility bill payments and much more. You can avail these services 247365, even on bank holidays, public holidays, weekends and that too, free of charge.