A credit card is not a necessity anymore, it is a way of life these days. With digitalization and other such revolutions taking place side by side, the demand for digital money has multiplied. It has pushed a lot of people to go for UPI IDs and credit cards.
Since credit cards seem to be like a fashion statement these days it is only natural that we inform you about the best credit card in India 2022 that is available in the market. Along with this, you will also get to know the best credit card payment app and best credit card app for Android.
When we talk about finding the best credit card it is necessary that we understand the criteria to choose one among the others will need you to compare cards on various fronts like fees charged, benefits provided, public rating, etc.
27 Best Credit Card in India 2022
We have compiled a list of the best credit cards available in India. Each one of these cards offers different benefits and facilities. Let’s get started.
With an annual fee of 499 rupees, this card is available for pretty cheap. It comes with no limit on the upside for cashback rewards and the holder of the card can earn 5% cash back on hotel and other bills and can also get lounge access at the airport.
For normal payments, the users can expect a cashback of 2% while DTH and mobile recharge via GooglePay get you 5% cash back. This card can also be accessed via the Axis bank app.
For 4,999 rupees you get one of the best credit card in India 2022. SBI card Elite can be managed by linking it to the best of the best credit card payment app, INDMoney is one of the best credit card app for Android which supports this card.
This card is very useful for people who shop or travel a lot, moviegoers also benefit from using this card. Trident Privilege membership, and club Vistara benefits, are some of the additional perks that come with this card in addition to complimentary movie tickets available occasionally.
For travelers and shopping fanatics we have this wonderful card available for 2,500 rupees. Like a lot of other credit cards, this card too gets you access to an airport lounge. Its usage also gets its user reward points.
For every 150 rupees that you spend on retail payments, you get 4 points in return for it which you can use to get benefits on your next transactions. This card can be managed via HDFC’s app. The card itself has a classy and appealing look.
With an annual fee of rupees 500, we have this collaboration card that can be accessed via Flipkart as well as the Axis bank app. For just 500 rupees, it gives you in return benefits worth at least thousands if not more.
New users of the card get welcomed with Flipkart vouchers and that’s not all, if you use this card on Flipkart or PVR then you get 5% cashback. This card is very attractive for online shoppers and is usually the go-to credit card for many of them.
Cards that benefit online shoppers are plentiful and add to that long list we have this card born from Amazon’s partnership with ICICI Bank. Apart from shopping, the card also offers good cashback offers.
The charge for this card is nil and we all know how much free things are liked by one and all. In return for using this card, the users get up to 5% cash back on the amount that they spent on Amazon.
From Citibank, we have this top credit card which is crafted especially for the traveler within you. The credit card is available for an annual fee of rupees 3,000.
For a card that claims to be a traveler’s card, one might not be shocked to know that this credit card provides you with up to 10 times reward points when you make transactions related to air travel. You can use the Citibank app to manage your card and also you link it with various credit card payment apps.
The number of HDFC cards on this list only shows just how well the bank knows its customers and how they craft top credit cards for them. For an annual fee of 1,000 rupees, you get access to one of the best credit card in India 2022.
Using this card gets you 5% cashback on partner brands and the card can be linked to some of the best credit card payment app as well as some of the best credit card app for Android.
Just like HDFC, Standard Chartered also keeps featuring on this list again and again with one credit card after the other. You can be associated with this credit card by paying just 49 rupees a month.
This card is especially useful for online shoppers. It comes with a lot of benefits for its users with the standout benefit being up to 20% off partnered banks which is surely strong enough to convince a handful number of people.
On this list of credit cards that till now has been dominated by shopping and traveling credit cards, we have the first credit card that is built for benefiting those who find themselves refilling their fuel tanks often. The annual fee to get the card is 1,499 rupees. Since the card is partnered with BPCL you can get a 7.25% value back on the amount that you spend on fuel refill at BPCL petrol pumps.
And just like that we now have a credit card on the list that is a lifestyle favoring credit card. For 2,500 rupees you get this card by HDFC that was built to cater to travelers and lifestyle fanatics.
The rewards that you can get from using this card include getting an Amazon Prime membership which is complimentary, MMT Black, Dineout Passport, etc. You can be assured that HDFC will come out with a credit card to cater to every niche and it will provide an unrivaled service.
For frequent air travelers, HDFC has a credit card for which it has collaborated with InterMiles Loyalty Program. The users of this card get a lot of InterMiles points on meeting various parameters. You also get a complimentary silver membership for InterMiles when you sign up for this credit card.
This card has an annual charge of 2,500 rupees and in return, it gets you complimentary access to the airport lounges, helps you save money on hotels and flights, and also gets you discounts on Etihad flights.
For 4,999 rupees SBI offers you its version of a travelers credit card which has been made in collaboration with Air India. With this card, you get the benefit of the Air India Frequent Flyer program.
You also get airport lounge access, free membership, accelerated rewards, etc., and your rewards can be converted to Air India Miles as well. This card enjoys a huge fan following amongst frequent Air India users and one can clearly see why that’s the case.
Also Read: How to Check Credit Score Online?
Axis bank didn’t want to stay behind on this one so it came up with a collaboration with Vistara and there are no points for guessing who this credit card is popular amongst. This card asks for an annual fee of rupees 3,000 and is one of the best if not the best credit card in India 2022.
This card can be accessed via the Axis bank app and also readily connects with the best credit card payment app that is out there. The best credit card app for Android can all pair well with this credit card and provide you with a hassle-free transaction experience.
Indian Oil and Citi bank collaborated to make this credit card and it is available for you at only 1,000 rupees annual charge. Using this card gets you Turbo points when spent on specified items and these points can be used at Indian Oil petrol pumps in place of hard cash. Using this card also gets you a 1% waiver on a surcharge at Indian Oil pumps which is again a plus point. The point redemption system supported by this credit card is very flexible making the user’s life easy.
Indian Oil is the first company on this list that has collaborated with two banks for a credit card that features among the list of best credit cards. You get a 100% cashback within 30 days as a welcome gift. On online shopping, there is a 1% value back reward that you can expect.
You can also get benefits while booking tickets using BookMyShow when you use this credit card for the transaction. It has also partnered up with various dining outlets where you can get discounts for yourself if you make your payment using this credit card.
This is not your average-looking credit card and is the first of its kind on this list. For an annual fee of just rupees 500, you get HDFC’s Bharat Cashback credit card which comes with its fair share of benefits for its users. Using this card gets you benefits on fuel, grocery, utility bill payments, etc. You can also get cashback of 5 percent when booking tickets on IRCTC and you are given a 1% fuel surcharge waiver.
17. BPCL SBI card
At an annual charge of rupees 499, you get this SBI card which has been devised in collaboration with BPCL. Using this card you can get up to 4.25% value back on transactions made at BPCL petrol pumps. Other benefits available when using this card are rewards on grocery, dining, movie tickets, etc.
These rewards and a very low annual charge make this card one of the best credit card in India 2022. This card can also be paired with all the best credit card payment app available on the market. The best credit card app for Android all supports the card so you need not worry about failed transactions.
We now have a special edition card on the list courtesy of none other than HDFC. It is also the first Invite-only credit card on the list and its annual fee of rupees 12,500 partially tells you why. This card offers to give away money spent on various items and is specially crafted for people who believe in spending a lot.
In the first year, you get a complimentary Club Marriott membership. Other benefits include getting unlimited golf games at courses across India, a 1+1 buffet in ITC hotels that have signed up for the offer, and much more.
Also Read: 10 Best Credit Cards for Travel in India
Now we have the mother of all credit cards with this top credit card priced at 50,000 rupees annually. With a price like that it’s easy to understand that this card comes with the most benefits when compared to other cards on this list.
You can get unlimited access to airport lounges, membership to various top leisure hotels, 8 free VIP assistance services, and much more with this card in your pocket. On this list of the best credit card in India 2022, this is so far the priciest card and is compatible with all the best credit card payment app and the best credit card payment app for Android.
20. SBI Card Prime
Back to more affordable credit cards, we have this SBI card priced at 2,999 annually. If you are using this card then you should know that this card provides all-around benefits and is not specifically made for travelers, shoppers, or anyone else.
As a welcome gift, you get E-vouchers worth rupees 3,000, complimentary Club Vistara and Trident Privilege Red Membership, access to international and domestic airport lounges, etc. This card boasts of one of the highest reward rates in its price category.
Taking a step further down at rupees 250 we have a Standard Chartered credit card making an appearance once again. This card rewards you points which you can spend on paying the credit card bill or can be redeemed for vouchers and gift cards. The reward points offered by this card do not belong to one category and concerning its price of rupees 250 the reward rate is more than satisfactory.
For 499 rupees in annual charge, you get another SBI card that you didn’t know you needed. If you are an online shopper and love being rewarded for your spending then this is the card you need.
It comes with no hidden charges and on getting this card you get a 500 rupee Amazon voucher which only makes up a few of the benefits among many that this card comes with. This card is popular amongst shoppers and rightly so.
For an annual charge of 495 rupees, we have the first and only entry from American Express on this list of the best credit card in India 2022. This is coincidentally the cheapest Amex card and there are no fees attached to losing this card. The reward rate of this credit card per its annual charge is commendable.
As a welcome benefit, you can get a cashback of 500 rupees on spending 10,000 rupees using this card within the first 90 days of getting the card. You also get membership reward points for spending money on certain items mentioned.
Pay an annual charge of rupees 499 and you have with you an SBI SimplySAVE credit card. Moviegoers, shoppers, and frequent diners are the target audience this card is aimed at. It is specially crafted for offline shoppers and comes with a whole host of benefits.
If you spend 2,000 rupees within the first 60 days of getting the card, you get a 2,000 rupee bonus. Reward points earned can be used to pay credit card due or to purchase things listed on the SBI website.
Also Read: 28 Best Highest Paying Jobs in India
For an annual charge of 500 rupees, we have a second RBL credit card that takes its place on this list. This card can get you a 10% discount on movie tickets and reward points earned using this card can be used on mobile recharge.
It also gives you 2,000 reward points if you spend money within the first 30 days of getting the card. This card has a lot of other benefits that it offers but benefits on fuel and a waiver on surcharge surely make for the best benefits available.
Priced at an annual fee of rupees 750 we have the Axis Bank Buzz credit card. This card was made for online shoppers and rewards you with Flipkart vouchers. People shopping on Flipkart can get as much as a 10% discount and using this card can get you rewards or even cashback depending on the situation. Users also get a 15% discount on partner restaurants which is just another benefit offered among many others via this card.
Only the second credit card on this list of best credit card in India 2022 that does not require any annual fees comes from IDFC. The reward earned by having this card comes with a no expiry date which is a true highlight for any card and even more special for a free card. The card is compatible with all the best credit card payment app for Android and in general which makes it even more appealing.
Best credit card payment app
While this can be an issue of dispute there is no doubt as to the rise of CRED as the best credit card payment app. Be it the ratings and reviews or the number of downloads that CRED has, all of it cements its place as the No.1 credit card payment app that we currently have.
Some features of CRED include:
- Earn reward points on every payment.
- Instant notifications when your credit card bill is released.
- Track payment history.
- Use Smart Statements to get a detailed overview of your spending habits.
- Earn extra cash using CRED referral offer.
Best credit card payment app for Android
Yet again CRED takes off the number 1 position on this list. CRED is the best credit card payment app for Android due to the reasons established above. It is commendable for any app to be as new as CRED in the market and still to not only have made its mark but to be the number 1 in its segment in so much less time.
With 27 credit cards laid bare in front of you, we have done our job at breaking down why these belong on this list. It comes down to each person now to look out for the credit card that is the best for them.
A traveler might choose a different credit card when compared with a shopper and so on. It is now up to you to decide which is the best credit card in India 2022 for your requirements.
We hope you found this article informative. Keep reading for more such content!
Source Reference : https://moneymint.com/best-credit-card-in-india-2022/