List of 10 Best Credit Cards in India | Top Cards from Banks with Reviews

Many banks in India offer different types of Credit Cards that can be categorized on basis of the benefits they offer. As per experts, customers need to choose their Credit Cards only after comparing them with different cards and thereby maximize their benefits. Best Credit Choice varies from person to person depending on their need. However, there are several steps to keep in mind while narrowing down the options.  Some of them include credit score, doing a comparative cost-benefit analysis.

Best Credit Cards from Banks in India for 2020

Have a look at the top credit cards available in the market after considering several key features and the benefits they offer. Choose the Credit Card that suits you and avail the benefits and offers that come from the Credit Card. We included the features like Finance Charges, Joining/Annual Fee, Joining Benefits, etc.


  • Finance Charges(PA): Up to 40.20%
  • Annual Fee: 500 Renewal Fee: 499 (Waived off on spending 1 lakh in the previous year)
  • Late Payment Penalty (Rs): Up to 950
  • Joining Benefits: You Can Get an Amazon Gift Card Worth Rs 500
  • Key Benefits: 10X reward points on online spending with exclusive partners and 5X on all other online spendings. 1 reward point per Rs 100 on all other spendings. E-vouchers worth Rs. 2,000 on annual online spending of Rs 1 Lakh & Rs 2 Lakh. 1% fuel surcharge waiver for each transaction between Rs 500 to Rs 3,000.

HDFC Moneyback

  • Finance Charges(PA): 43.20%
  • Annual Fee: 500 (Waived off on spending 50,000 in the previous year)
  • Late Payment Penalty (Rs): Up to 1,300
  • Joining Benefits: Welcome benefit of 500 Cash Points which is applicable to membership fee payment. On Spending Rs 20,000 and above in the first 90 days you can get the first-year membership fee waived off.
  • Key Benefits: 2 reward points on Spending Rs 150. 2X Reward Points on online spending. Get Rs 500 worth gift voucher on spending Rs 50,000 every quarter. Earn up to Rs 2,000 worth of gift vouchers in a year. 1% fuel surcharge waived off on fuel transactions for which Min transaction is Rs 400 and Max cashback is Rs 250 per statement cycle.

Axis Neo

  • Finance Charges(PA): 49.36%
  • Annual Fee: 250, Joining Fee: 250 Waived off on spending of 2,500 in 45 days
  • Late Payment Penalty (Rs): Up to 1,200
  • Joining Benefits: Amazon gift voucher worth Rs 250 on 1st spending within 30 days after issuing of the card.
  • Key Benefits: Minimum 15% off on dining at partnered restaurants. 10% off on Akbar Travels Flat Rs 500 off on minimum flight bookings of Rs 5,000. 10% cashback on mobile recharges via the Freecharge mobile app with a monthly benefit up to Rs 30.  Earn 2 EDGE REWARD points on every Rs 200 spent. 10% off at Myntra on a minimum purchase of Rs 500.

ICICI Bank Platinum Chip

  • Finance Charges(PA): 40.80%
  • Annual Fee: Joining Fee: NIL Annual Fee (2nd year onwards): NIL
  • Late Payment Penalty (Rs): Up to 750
  • Joining Benefits: –
  • Key Benefits: Minimum 15% savings on dining at over 2,500 restaurants. 1 PAYBACK point on every Rs 100 spent on utilities & insurance categories. 2 PAYBACK Points on every Rs 100 spent for all retail purchases except fuel. 1% fuel surcharge waiver on fuel transactions of maximum Rs 4,000 at HPCL pumps.

Citi Rewards

  • Finance Charges(PA): Up to 43.20%
  • Annual Fee: 1,000 will be waived off on spending 30,000 in the previous year.
  • Late Payment Penalty (Rs): Up to 950
  • Joining Benefits: 1,500 bonus points on your spending first made within 30 days after card issuance and another 1,000 bonus points on your first spend of Rs 1,000 made within 60 days of card issuance.
  • Key Benefits: 1 reward point for every Rs 125 spent on all purchases. 10X reward points on purchases at apparel and departmental stores and other partner stores. 300 bonus points on card purchase of 30,000 or more in a month.

SBI Card Elite

  • Finance Charges(PA): 40.20%
  • Annual Fee: 4,999, Renewal Fee: 4,999(Annual/renewal fee reversed on spending 10 lakh in the previous year)
  • Late Payment Penalty (Rs): Up to 950
  • Joining Benefits: Welcome Gift Voucher Worth Rs. 5,000
  • Key Benefits: Free movie tickets worth Rs 6,000 every year. Earn up to 50,000 bonus reward points worth Rs 12,500 per year. 5X reward points on dining, departmental stores & grocery spends. 2 reward points per Rs 100 on all spends except fuel.  2 complimentary domestic airport lounge visits per quarter in India. Complimentary priority pass program membership and 6 complimentary airport lounge visit per calendar year outside India. Complimentary club Vistara silver membership and trident privilege red tier membership. 2 reward points on every 100 spent on international transactions. Lower foreign currency mark up charge of 1.99% on international usage.

HDFC Infinia

  • Finance Charges(PA): 23.88%
  • Annual Fee: First Year Membership Fee: 10,000 Renewal Fee: 10,000 (Waived off on spending 8 lakh and above in preceding 12 months)
  • Late Payment Penalty (Rs): Up to 1,300
  • Joining Benefits: Complimentary one-year Club Marriott membership
  • Key Benefits: Up to 10 times reward points on travel and shopping spend on Smartbuy. 2 times reward points on your dining spend at stand-alone restaurants. 1% fuel surcharge waiver at all fuel stations across India. Unlimited airport lounge access, golf games, and 24*7 priority global personal concierge service. Lower markup fee of 2% on all foreign currency transactions. Emergency overseas hospitalization up to Rs. 50 lakhs in case of an emergency. Credit shield cover for up to 9 lakhs. Accidental Air Death cover worth Rs. 3 Crore

Also Check: Pros and Cons of Paying Credit Card Bills through Third Party Mobile Apps

Axis Bank Reserve

  • Finance Charges(PA): 34.49%
  • Annual Fee: 50,000 (Waived off on spending 25 lakh in the preceding year), Joining Fee: 50,000
  • Late Payment Penalty (Rs): Up to 1,200
  • Joining Benefits: 50,000 reward points on activation of the card.
  • Key Benefits: 15 edge reward points for every Rs 200 spent. Reduced markup of 1.5% on international transactions 2X rewards on international spends. No cash withdrawal charges.  Exclusive savings on healthcare packages and pathology tests at Dr. Lal Pathlabs, Metropolis, and SRL Diagnostics. Fuel surcharge waiver of 1% for transactions between Rs 400 and Rs 4,000 (Capped at Rs 400 per month). 50 complimentary golf rounds every year across the best golf courses in India. 50,000 reward points on card renewal. 4 complimentary chauffeured luxury airport pick-ups/drops every year. 12 complimentary guest visits in a year for accompanying guests. Unlimited complimentary domestic and international lounge visits for both primary and add-on cardholders.

ICICI Bank Emeralde

  • Finance Charges(PA): 40.80%
  • Annual Fee: Monthly Fee: 1,000 (Monthly fee reversed on spending Rs 1 lakh or more in the previous month) Joining Fee: 12,000 Annual Fee: 12,000 (Annual fee reversed on spending Rs 15 lakh or more in the previous year)
  • Late Payment Penalty (Rs): Nil
  • Joining Benefits: –
  • Key Benefits: Unlimited complimentary domestic airport spa access via complimentary Dreamfolk Dragon Pass membership. Nominal mark up fee of 1.5% on international transactions. Unlimited complimentary access to international airport lounges. Complimentary round/lesson of golf on every ₹50,000 or more spent on the card in the previous calendar month, up to a maximum of 4 rounds/ lessons of golf every month. Refund of up to Rs 12,000 for a maximum of 2 transactions every year on any flight/hotel/movie booking cancellation.

Standard Chartered Ultimate

  • Finance Charges(PA): 37.20%
  • Joining Fee: 5,000 Renewal Fee: 5,000
  • Late Payment Penalty (Rs): Up to 800
  • Joining Benefits: Up to Rs 10,000 cashback on the first transaction for flight & hotel booking on MakeMyTrip within 90 days of card issuance.
  • Key Benefits: 2% foreign currency markup fee on overseas spend. Access to 20 premier golf courses in India and 150 worldwide. 5% cashback of up to Rs 1,000 on duty-free spends. Up to 25% discount at the top 750 restaurants in India with advance reservations via concierge & online booking. 5 reward points on every Rs 150 spent (1 reward point equals Re 1).

Final Words

Hope the information shared above regarding the List of Best Credit Cards in India has shed some knowledge on you. If you need any other assistance try reaching out and we will get back to you as the soonest possible. Stay in touch with our site for more information on Credit Cards and other related stuff in no time.

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