What is Top 10 Best Credit Cards in India 2024?

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Top 10 Best Credit Cards in India 2024

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Are you looking forward to having a credit card that is a complete package for your needs? Have no idea about the features and benefits of the Best Credit Card suitable for you? Let’s make it easy for you by mentioning the Top 10 Best Credit Card in India that covers all types of expenses right from your grocery and shopping needs to travelling and Luxurious lifestyle maintenance. Firstly, it’s important to understand your basic and major needs before owning a credit card. Banks offer a variety of credit cards with different key benefits and features as per the major need of their customers. Some of them are designed to offer benefits on basic day-to-day expenses like groceries, clothes, online food purchases, recharge, and other such shopping, while some are categorized as a Premium Class Credit Card to enjoy Luxurious lifestyles like Golf, Membership of Luxurious Hotels, travelling perks and Airline Membership, and so on. This article gives you an idea about the different Best Credit Cards available as per your requirements.

These are the Top 10 Best Credit Cards in India 2024:

1. Cashback SBI Credit Card
2. Axis Bank Ace Credit Card
3. Amazon Pay ICICI Credit Card
4. HDFC Millennia Credit Card
5. Axis Bank Neo Credit Card
6. HDFC Freedom Credit Card
7. Axis Bank Vistara Signature Credit Card
8. Air India SBI Signature Credit Card
9. SBI Elite Credit Card
10. HDFC Diners Club Black Credit Card

1. Cashback SBI Credit Card

Joining Fee	NIL
Annual Fee	₹999 (Free for the first year)
Key Features	5% cashback on all online transactions without any merchant restrictions. 1% cash back on offline transactions. 4 free domestic lounge visits per year Cashback is directly credited to the card within 2 days of bill generation.

Opinion: Cashback SBI Card can be preferred over other credit cards in the market because it offers cashback on all transactions irrespective of the merchant and selling platform. It is an excellent opportunity to earn cashback on your expenses and enjoy four free dinners at the lounge.

2. Axis Bank Ace Credit Card

Joining Fee	₹499
Annual Fee	₹499
Key Features	5% cashback on bill payments, DTH, and mobile recharges via Google Pay. 4% cashback on Swiggy, Ola, and Zomato. 2% flat-rate cashback across all transactions. Cashback is directly credited to the card account.

Opinion: Axis Bank Ace Credit Card is associated with a nominal annual fee which grabs the attention of beginners. The only card in the market offers 2% flat-rate cashback across all transactions. Moreover, this card comes with no upper limit on the cashback earned which is like a cherry on the top.

3. Amazon Pay ICICI Credit Card

Joining Fee	NIL
Annual Fee	NIL
Key Features	5% cashback for Amazon Prime members on Amazon Purchases. 3% cashback for Non-prime members on Amazon Purchases. 1% cash back on all other transactions. Zero Maintenance charges. Reward Redemption and Cashback Conversion Beneficial for Amazon Loyal Customers.

Opinion: Amazon Pay ICICI Credit Card has been designed especially for Amazon as Amazon has emerged as the largest online shopping platform that satisfies all types of shopping needs of every age group and gender. This credit card is the best deal for all Amazon loyalists who want good cashback on each Amazon purchase without actually paying anything as an annual fee.

4. HDFC Millennia Credit Card

Joining Fee	₹1,000
Annual Fee	₹1,000
Key Features	5% cashback on all online shopping, across top merchants like Amazon, Flipkart, Myntra, Tata Group. 1% cashback on all other spends Domestic Airport Lounge access up to 8 times per year. Annual Fee Waiver facility is available for those spending more than a Lakh per year.

Opinion: HDFC Bank Millennia Credit Card is the perfect alternative for the person willing to join the HDFC family along with enjoying higher cash back on expenses. This card offers cashback on e-commerce shopping across top merchants. This card is preferable as it offers an Annual Fee Waiver facility under certain conditions.

5. Axis Bank Neo Credit Card

Joining Fee	₹250
Annual Fee	₹250
Key Features	10% off on movies, groceries, and online shopping at Blinkit, Amazon Pay, Myntra, and BookMyShow. 40% off on Zomato. 5% off on your utility bills paid via Paytm. Earning Reward Points and Reward Redemption. Easy EMI on purchases.

Opinion: Axis Bank Neo Credit Card is best suitable for Movie lovers and Foodies as it offers great cashback on online movie tickets and Fooding apps. The nominal fee structure of the Neo card along with the great cash-back rate is the most remarkable feature of all.

6. HDFC Freedom Credit Card

Joining Fee	₹500
Annual Fee	₹500
Key Features	Reward Points like 5X reward points on everything from grocery, dining, movie, railway, and taxi bookings, 25X reward points on spends made on your birthday etc. A gift voucher worth Rs.1,000 is offered for spending ₹ 90,000 in a year. Easy EMI Purchase. 500 Bonus reward points are offered as welcome benefits on the activation of a card for the first time. Renewal fee waived off on spending of ₹ 50,000 or above in a year. Interest-free period of up to 50 days.

Opinion: HDFC Freedom Credit Card is a must-have credit card for those who want to enjoy credit at a nominal rate. It comes with n number of benefits like an Interest-free period, waiving off of the Renewal fee, and EMI Purchase. Redeemable reward points on all transactions.

7. Axis Bank Vistara Signature Credit Card

Joining Fee	₹3,000
Annual Fee	₹3,000
Key Features	Free Premium Economy Vistara tickets are offered as a welcome benefit. Club Vistara Silver Membership is offered. Complimentary domestic lounge visits per year. Reward points on other lifestyle expenses like gulf visits, dining, tennis, etc. Complimentary air tickets in a year

Opinion: Axis Bank Vistara Signature Credit Cards are designed for travelling freaks who are also Vistara loyalists. Complimentary air tickets and Comprehensive travel perks associated with the card is the golden feature of this card.

8. Air India SBI Signature Credit Card

Joining Fee	₹5,000
Annual Fee	₹5,000
Key Features	Priority Pass Membership at an airport lounge. Assigning Flying Returns Membership. Flexible reward redemption with an option to convert rewards into Air India Miles. Attractive Welcome benefits and travel perks.

Opinion: Air India SBI Signature Credit Card comes with the most attractive travel perks and is a must-have for all Air India lovers. It offers free flying membership and a special complimentary airport lounge pass. The high annual fee gets justified by the perks and benefits offered under this card.

9. SBI Elite Credit Card

Joining Fee	₹4,999
Annual Fee	₹4,999
Key Features	All-rounder premium credit card that offers rewards points on all types of transactions. 5X reward points on Dining, Departmental Stores, and Groceries. Welcome benefits worth₹ 4,999. Complimentary travel perks like Vistara Club Membership, priority air pass, and Trident Privilege Membership. Free International & domestic airport lounge access. Foreign Exchange Rate benefit, i.e., at just 1.99%

Opinion: SBI Elite Credit Card is a premium credit card that is a complete package for all e-commerce lovers. This card offers reward points on all types of transactions across various e-commerce platforms. The high fee of ₹ 4,999 is justified as it offers benefits in Travelling, Dining, Movie tickets, Groceries, Hotel booking, and other expenses.

10. HDFC Diners Club Black Credit Card

Joining Fee	₹10,000
Annual Fee	₹10,000
Key Features	High reward points across travel, shopping, reward, dining, and golf. Complimentary annual memberships to Zomato Gold, Amazon Prime, Club Marriott, and other Luxurious Hotels. Air mile redemption rewards across various airlines. Offers 6 golf games per quarter at the finest golf courses across the world. A low forex markup fee and unlimited complimentary Airport Lounge access. Welcome benefits are equivalent to the annual fee.

Opinion: HDFC Diners Diners Club Black Credit Card comes with benefits across a wide range right from dining and entertainment to Shopping and travels. It offers multiple complimentary benefits like unlimited lounge access. priority pass, travel perls, golf course access and so. An individual who wants to grab exclusive rewards on the expenses shall go for it.

Conclusion

Best Credit Card in India are available in plenty and this is to suit different needs and spending patterns. The credit card that suits you best would depend on your personal situation. However, there are some general guidelines that you could follow. Check if you need a cashback or reward point, travel perks or a mix of all. Next, check the annual fee, hidden and other charges that would accompany the card. Last but not the least, read the terms and condition and then apply for any credit card.

Best Credit Cards in India – FAQs

How Many Credit Cards Can I Have?

Essentially, there is no set limit to the number of credit cards you can carry – but we recommend using the cards you need, for the reasons you can justify. Nobody else can determine your credit needs and financial circumstances, so only you can say how many credit cards are right for you. Some people may find that a single, rewards-focused card meets their needs; others may use cards as tools to help reach certain spending levels (such as for airline perks or other travel rewards). Your credit score, ability to pay off your card balances each month, and rewards objectives will be key drivers in determining how many credit cards you should carry.

How Much Credit Card Limit Should I Use?

Credit Limit is the maximum amount of credit extended to you for your credit card at any point of time. This is decided by the card issuer. You should always keep your expenses around 30% of the credit limit and never exceed the excess limit. And you will be having a good credit score.

Do credit cards offer unlimited free lounge access?

Most cards offer a set number of free lounge visits. Exceeding this limit incurs fees at domestic and international airports. Check your card’s terms and conditions for details.

Do expensive credit cards offer better benefits?

No, there are cards for various budgets. Many banks provide cards with zero annual or joining fees, while others offer benefits for a nominal fee.

Are Credit Cards Good or Bad?

A credit card may be for you, but you have to think of it as a super serious financial responsibility. Having a credit card at age 18 can help you start to establish credit, if used properly. But if you don’t make the payments, credit card debt will be a huge financial mess.

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