Top 5 Credit Cards in India

With the invention of credit cards, shopping has become more accessible and convenient. We can carry a little cash in our wallets. All you need to do is swipe.

Credit cards also provide customers benefits in the form of cashback or rewards. It is a difficult task to choose a card that gives us the maximum benefit.

In the cashback scheme, you will get cashback on your spending. You will also get a predetermined cashback percentage in your credit card account. In the rewards scheme, depending on your card, points will be rewarded for your spending.

Check out the list of the top 5 credit cards in India:

1. Standard Chartered Platinum Card

Standard Chartered Rewards Credit Card is best if you are applying for the first time and looking for a card with ‘No Annual Fees’ for a lifetime.

You will have a high chance of approval for the Standard Chartered Platinum Card if you are a salaried employee. In the future, you can request an upgrade to a Manhattan card whenever needed.

Annual Fee: 0 INR	Apply Now
Rewards:	Additional Features:
5 reward points for every Rs. 150 spent on dining 5 reward points for every Rs. 150 spent on fuel Seasonal offers from Yatra, Grofers, and other major brands Additional 1000 rewards points if you transact within the first 60 days of joining 20% cashback on Uber rides 500 reward points for registering over online banking	Lifetime free card membership Up to 5% cashback on all fuel spends Up to 20% cashback on Uber rides No joining or annual fees Contactless payments for quick and secure transactions Easy EMIs on transactions above Rs. 5,000 Complimentary access to airport lounges worldwide
Pros:	Cons:
No joining fee or annual fee for life 5 points for spending INR 150 on dining, and 5 points for spending INR 150 on fuel Seasonal offers from Yatra, Grofers, and other major brands 20% cashback on Uber rides Get an additional 1000 reward points if you transact within the first 60 days of joining. Get 500 reward points for registering over online banking The annual fees of INR 250 are waived with the first transaction within 90 days. The card has a high chance of approval for salaried employees.	The card's rewards scheme may not be as comprehensive as other credit cards in India. The cashback percentage may be lower than some other cards. The card may not be suitable for those who don't dine out or use Uber frequently.

2. SBI Click Credit Card

SBI Click credit card is best for all your online shopping needs. The card offers you 10X rewards on BookMyShow, ClearTrip, Lenskart, Foodpanda, and UrbanClap.

The card comes with an annual fee of around INR 499, but you will get an annual fee waiver on the spending of around INR 1 lacs in 6 months.

Annual Fee: 499 INR	Apply Now
Rewards:	Additional Features:
5 reward points per Rs. 100 spent on online purchases 10x rewards on online purchases with partners like BookMyShow, Cleartrip, Lenskart, Foodpanda, and UrbanClap Each reward point is worth Rs. 0.20 1% fuel surcharge waiver Amazon gift card worth Rs. 500 on joining Cleartrip e-voucher worth Rs. 2,000 on spending Rs. 1 lakh annually Another Cleartrip e-voucher worth Rs. 2,000 on spending an additional Rs. 1 lakh annually	Contactless payment technology for faster and more secure transactions Personalized image on the card for free Access to over 24 million Visa outlets worldwide Flexipay feature allows you to convert your big purchases into easy EMIs Easy money feature allows you to withdraw cash from ATMs
Pros:	Cons:
High rewards rate on online purchases Annual fee waiver on spending Rs. 1 lakh in 6 months Fuel surcharge waiver of 1% Welcome benefits in the form of Amazon gift cards and Cleartrip e-vouchers Contactless payment technology for faster and more secure transactions	The rewards program is primarily focused on online purchases and may not be suitable for those who don't shop online frequently Annual fee of Rs. 499, which can be waived on spending Rs. 1 lakh in 6 months Cash withdrawal fee of 2.5% or Rs. 500, whichever is higher

3. SBI Card Prime

SBI Card Prime is the latest card. If you are looking for a single card that serves all your purpose, it is the SBI Prime Credit card. It is an all-rounder and one of the best on this list.

It is a power-packed credit card with unique features stuffed inside. From milestone benefits to lounge access, SBI Card Prime has everything you need under a single roof, and that too with a renewal fee waiver of INR 3 lacs spend.

Annual Fee: 2999 INR	Apply Now
Rewards:	Additional Features:
20 reward points for every Rs. 100 spent on standing instructions of utility bill payments 10 reward points for every Rs. 100 spent on dining, grocery, departmental stores, and movies 4 reward points for every Rs. 100 spent on other categories 1 reward point is equal to Rs. 0.25	Complimentary membership to the Priority Pass program that offers access to more than 1000 airport lounges globally Complimentary domestic airport lounge access of up to 8 visits per year Milestone rewards of up to 20,000 bonus reward points on annual spends of Rs. 3 lakhs and Rs. 4 lakhs Complimentary Trident Privilege Red Tier membership, which offers benefits at Trident Hotels Contactless payment technology for quick and secure transactions Flexipay and balance transfer facilities Fuel surcharge waiver of 1% at petrol pumps
Pros:	Cons:
Attractive reward points on standing instructions of utility bill payments and spending on dining, grocery, departmental stores, and movies Complimentary Priority Pass membership and airport lounge access Milestone rewards of up to 20,000 bonus reward points Complimentary Trident Privilege Red Tier membership Contactless payment technology for convenient transactions	Annual fee of Rs. 2,999 (waived off on annual spends of Rs. 3 lakh or more) Domestic airport lounge access is limited to 8 visits per year No reward points on fuel transactions The card is only available to SBI credit cardholders with good credit scores.

4. HDFC Moneyback Card

The HDFC Moneyback Card is a popular credit card in India that offers cashback rewards on various spending categories. The card comes with a welcome offer of a cashback of up to Rs. 2,500 and has no annual fee for the first year. The card offers a 2% cashback on all online spends and 1% cashback on all other retail spendings. Cardholders also get fuel surcharge waivers and can convert big-ticket purchases into EMI options. The card is widely accepted in India and internationally, making it an excellent choice for frequent travelers.

Annual Fee: 500 INR	Apply Now
Rewards:	Additional Features:
2 reward points per Rs. 150 spent on the card 2X reward points on online spends 4X reward points on dining spends	Annual fee of Rs. 500 Interest rate of 3.4% per month Interest-free credit period of up to 50 days Zero liability on lost card Contactless payment feature
Pros:	Cons:
The annual fee is low compared to other credit cards The reward points earned on the card can be easily redeemed for cashback or other rewards The card offers a reasonable reward rate on dining spends The contactless payment feature makes it easy to use the card for small transactions	The reward rate on regular spending is lower compared to other cards The interest rate is high, which can be a concern for those who do not pay their bills on time The reward points expire after 2 years, which can be a disadvantage for those who do not use the card frequently

5. American Express Platinum Travelcard

If you love to travel, with the help of American Express Platinum Travel card, you can do many things for yourself. For instance, you can get through the make my trip offers and much more. This card's annual fee is INR 3500, and the renewal fees are INR 5000 from the second year onwards.

Annual Fee: 3500 INR and 5000 INR from the second year	Apply Now
Rewards:	Additional Features:
Earn 5 Membership Rewards Points for every Rs. 100 spent on flights and hotel bookings through the American Express Travel website. Earn 1 Membership Rewards Point for every Rs. 50 spent on all other categories. You can earn 5,000 Membership Rewards Points on your first card spend of Rs. 5,000 within 60 days of card membership. You can earn 1,000 Membership Rewards Points on each card renewal.	Enjoy complimentary access to select airport lounges across India. Enjoy travel vouchers worth Rs. 4,000 on spending Rs. 1.90 lakhs on your card within the first 90 days of card membership. Get a Taj Experiences e-gift card worth Rs. 10,000 on spending Rs. 4 lakhs on your card within the first year of card membership. Get a voucher worth Rs. 20,000 from American Express on spending Rs. 8 lakhs on your card within the first year of card membership. Enjoy a complimentary Priority Pass membership, which accesses over 1,000 airport lounges worldwide. Enjoy complimentary domestic airport lounge access twice per quarter through the American Express Selects Lounge program. Enjoy a 20% discount on dining at select restaurants across India.
Pros:	Cons:
High reward points on travel bookings. Good welcome bonus and renewal benefits. Complimentary access to select airport lounges across India. Complimentary domestic airport lounge access twice per quarter. Complimentary Priority Pass membership. Attractive discounts on dining at select restaurants across India.	High annual fee of Rs. 5,000 may not be suitable for everyone. High eligibility criteria, which may make it difficult for some people to get the card. The reward points system may not be very beneficial for those who do not travel frequently.