Top 5 Credit Cards in India – Get Them Online Right Now

As per the recent data released by RBI, there were about 97.9 million outstanding credit cards in December 2023, with a whopping 1.9 million additions during December alone. This reflects a huge growth in credit card usage in the country.

Credit cards are used for many purposes including a new gadget or home appliance purchase, paying utility bills, shopping, and so on. They also offer an instant mode of cash in hand in case of low or zero account balances. The cards have reduced the time and effort of manually walking to the ATMs and bill counters.

Today, almost every bank or financial institution is offering credit cards based on the type of usage and eligibility of the customers. People can select the card based on its features and benefits.   

The availability of Multiple Types of Credit Cards in India and their numerous features can create confusion in selecting the most suitable card. Mymoneymantra has picked up the Top 5 Credit Cards based on their categories and key features to clear the confusion. Read below to learn about different credit cards offered by different banks and choose the most suitable credit card for your requirements.

1. IndianOil HDFC Bank Credit Card

All your everyday spending will now earn you up to 50 litres of FREE fuel annually with the IndianOil HDFC Bank Credit Card. Also, you get a 1% fuel surcharge waiver at all fuel stations across India and other perks.

Key Features

• Earn up to 50 litres of free fuel annually. 
• Earn 5% of your spends as Fuel Points at IndianOil outlets (up to 250 Fuel Points/month in first 6 months & up to 150 Fuel Points after 6 months from card issuance).
• Earn 5% of your spends as Fuel Points on groceries & bill payments (up to 100 Fuel Points/month on each category).
• Earn 1 Fuel Point for every Rs. 150 spent on all other purchases. 
• Complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership
• 1% fuel surcharge waiver (maximum Rs. 250/statement cycle) at all fuel stations across India on a minimum transaction of Rs. 400. 
• Fuel Points are valid for a period of 2 years. 
• Up to 50 days of interest-free period.

Fees

• Joining fee: Rs. 500 + applicable taxes.
• Renewal fee: Rs. 500 + applicable taxes; Spend Rs. 50,000 and above in the first year to get a waiver on the renewal membership fee.

Eligibility

• The applicant must be a salaried or self-employed Indian national.
• Applicant must be aged 21 to 60 years (if salaried) and 21 to 65 years (if self-employed
• The Net monthly income of the salaried applicant must be at least Rs. 10,000 or more.
• Annual income of self-employed must be ITR of more than Rs. 6 Lakhs per annum. 

2. Axis Bank Rewards Credit Card

Get rewarded every time you shop with the Axis Rewards credit card. This card offers unlimited 2 EDGE REWARD points on spending every Rs. 125, 2 complimentary access per quarter to select domestic airport lounges, up to 15% off at partner restaurants in India, and much more.

Key Features

• 5000 reward points on net spends of Rs. 1,000 or more within 30 days of card issuance.
• Unlimited 2 EDGE REWARD points on spending every Rs. 125.
• 10X reward points on spending every Rs. 125 on apparel & departmental stores.
• Accelerated points for spending up to Rs. 7,000 per month on specific categories.
• A bouquet of memberships worth up to Rs. 1,000 each anniversary year.
• Get 1,500 EDGE REWARD points of net spends of Rs. 30,000 per statement cycle.
• 30% off (maximum Rs. 150 per order twice a month) on food delivery through Swiggy on a minimum transaction of Rs. 200 per order. Use Coupon Code <AXIS30>.
• 2 complimentary access per quarter to select domestic airport lounges.
• 1% fuel surcharge waiver (up to Rs. 400 per statement per month) on all fuel transactions between Rs. 400 to Rs. 5000. 
• Purchase Protection Cover of up to Rs. 1 Lakh.
• Cover of up to USD 300 for the delay in check-in baggage & loss of travel documents, up to USD 500 for loss in check-in baggage and Credit Shield of Rs. 1 Lakh.
• Up to 15% off (up to Rs. 500) at partner restaurants in India.

Fees 

• Joining fee: Rs. 1,000
• Renewal fee: Rs. 1,000; Waived off on annual spends of Rs. 2 Lakhs and above.

Eligibility

• The applicant must be an Indian resident. 
• The applicant must be aged between 18 and 70 years.  

3. SBI Elite Credit Card

SBI Card Elite is one of the best credit cards in the lifestyle category. You get a welcome e-gift voucher worth Rs. 5,000, up to 50,000 Bonus Reward Points a year, complimentary airport lounge visits in India and abroad and many more benefits with this card.

Key Features

• Welcome e-Gift Voucher worth Rs. 5,000 from an array of travel & lifestyle brands like Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion & Shoppers Stop.
• Free movie tickets worth Rs. 6,000 every year. The maximum discount is Rs. 250/ticket for 2 tickets only. 
• Up to 50,000 Bonus Reward Points worth Rs. 12,500/ year.
• 10,000 Bonus Reward Points on achieving annual spends of Rs. 3 Lakhs & 4 Lakhs.
• 15,000 Bonus Reward Points on achieving annual spends of Rs. 5 Lakhs & 8 Lakhs.
• 5X Reward Points on dining, departmental stores & grocery spends.
• 2 Reward Points per Rs. 100 on all other spends (except fuel).
• 1% fuel surcharge waiver (up to Rs. 250/month per statement cycle) on all fuel transactions between Rs. 400 to Rs. 5000. 
• Complimentary Priority Pass Program membership worth $99.
• 6 complimentary visits per calendar year to 1000+ airport lounges outside India (maximum 2/quarter).
• 2 complimentary visits every quarter to airport lounges in India.
• Complimentary Club Vistara Silver membership offers 1 complimentary Upgrade Voucher and 9 Club Vistara Points for every Rs. 100 spent on Vistara flights.
• Complimentary Trident Privilege Red Tier membership offers exclusive 1,000 Welcome Points on registration and 1,500 Bonus Points on your first stay & additional Rs. 1,000 hotel credit on extended night stay.
• Lowest Foreign Currency Mark-up Charge of 1.99% on international usage.

Fees 

• Joining fee: Rs. 4,999 + taxes.
• Renewal fee: Rs. 4,999 + taxes; Spend-based reversal of annual fee on spends of Rs. 10 Lakhs.

Eligibility

• The applicant should be an Indian resident aged at least 18 years old.
• The applicant must be salaried or self-employed.
• The applicant must have last 3 months' bank statements.

4. AU Bank Vetta Credit Card

AU Vetta credit card offers premium privileges including multiple shopping & lifestyle benefits, accelerated reward points, complimentary airport and railway lounge access, and so on.

Key Features

• 4 reward points per Rs. 100 spent on departmental stores, groceries, and utility bill payments.
• 2 reward points per Rs. 100 spent across all other merchant categories.
• 1 reward point per Rs. 100 spent on rent, insurance, education, and government categories.
• 500 bonus reward points on retail spending of Rs. 50,000 per calendar quarter.
• Additional 1,000 bonus reward points on Rs. 1 Lakh retail spends per calendar quarter.
• Rs. 1,000 worth of vouchers from top brands on Rs. 2.50 Lakhs worth minimum retail spends done in a card anniversary year. 
• 1,000 bonus reward points on one retail transaction on your birthday.
• 1 complimentary access per quarter to all participating lounges with Priority Pass. 
• 1 complimentary lounge access per quarter in India with a VISA Card. 
• 2 complimentary lounge access per quarter with VISA cards at railway stations in New Delhi, Kolkata (Sealdah), Ahmedabad, Jaipur, and Agra. 
• 1% fuel surcharge waiver (maximum Rs. 250/ statement cycle) for fuel transactions of Rs. 400 to Rs. 5,000 across all fuel stations in India.
• Air Accident Cover of Rs. 50 Lakhs, Credit Shield up to Rs. 5 Lakhs, and Purchase Protection up to Rs. 25,000.

Fees 

• Joining fee: Rs. 2,999 + applicable taxes. Waived on retail spends of Rs. 40,000 done within 90 days of card set up.
• Renewal fee: Rs. 2,999 + applicable taxes. Waived on retail spends of Rs. 1,50,000 done in the previous card anniversary year.

Eligibility

• The primary credit cardholder should be between the age of 21 and 60 years.
• Add-on credit cardholder should be over 18 years old.
• The applicant must be a resident Indian.

5. American Express® Platinum Travel Credit Card

American Express® Platinum Travel Credit Card comes bundled with a variety of travel perks for domestic as well as international wanderers. This travel card has a unique blend of travel and shopping advantages.

Key Features

• Welcome gift of 10,000 Membership Rewards Points redeemable for a Flipkart voucher/ Pay with Points option in Amex Travel Online (ATO) worth Rs. 3,000. 
• 10,000 Membership Rewards Points on spending at least Rs. 15,000 in the first 90 days of the card membership. 
• 1 Membership Rewards Point for spending every Rs. 50 (except on fuel, insurance, utilities, cash transactions & EMI conversion at Point of Sale).
• Spend Rs. 1.90 Lakhs in a card membership year and get a Flipkart voucher/ travel benefits on ATO worth Rs. 4,500. 
• Spend Rs. 4 Lakhs in a card membership year and additionally get Flipkart voucher/ travel benefits on ATO worth Rs. 7,500. 
• Spend Rs. 4 Lakhs in a card membership year and get a Taj Stay voucher worth Rs. 10,000 from Taj, SeleQtions & Vivanta Hotels. 
• Spend Rs. 4 Lakhs in a year and additionally get benefits worth up to Rs. 8,000.
• 8 complimentary visits per year (2 complimentary visits per quarter) to airport lounges across India.
• Complimentary membership to Priority Pass with the US$99 annual membership fee waived exclusively for you.

Fees 

• Joining fee: Rs. 3,500 + applicable taxes. 
• Renewal fee: Rs. 5,000 + applicable taxes.

Eligibility

• The age of the applicant should be 18 years or above and they should be Indian residents. 
• The individual should exhibit a prime credit score of preferably over 750 with no history of defaults on repayments. 
• The personal annual income of the individual should be more than Rs. 6 Lakhs p.a. 
• Self-employed individuals are required to showcase a trading history for the firm of over 12 months. 
• The applicant should have a savings/ current bank account with any Indian or foreign bank operating in India. 
• Amex cards are only offered to people residing in Tier-1 and Tier-2 cities including Delhi-NCR, Mumbai, Chennai, Bangalore, Kolkata, Hyderabad, Ahmedabad, Jaipur, Pune, Bhubaneshwar, Indore, Lucknow, Chandigarh, Mysuru, Nagpur, Nasik, Bhopal, Cuttack, Coimbatore, Surat, Vijayawada, Ludhiana, Vizag, Vadodara, and Ernakulam.