Credit Cards
In today’s era, credit card helps in fulfilling the needs of every Indian needy person and brings a change in his lifestyle. In today’s modern era, the use of credit card in online shopping has increased a lot. In choosing the right credit card, we keep in mind the following things like which joining fee is free or low, in which you get more cashback, get more reward points, get the benefit of facilities like fuel saving etc.
Most Popular Credit Cards of India are as follows:
1.Flipkart Axis Bank Credit Card
Flipkart shopping online or offline, the Flipkart Axis Bank Credit Card lets you earn cashback on all your purchases with unlimited 5% cashback on Flipkart and 4% cashback for spends on Swiggy, Uber, PVR, Curefit, Cleartrip, and 1.5% cashback on all other merchants than you will save money.
Features and Benefits:
Caseback Benifit:
- You get 5% discount on showing on Flipkart official website.
- 4% cashback benefit on Uber, PVR, Swiggy, Curefit,Myntra, Tata Play, and more.
- Flat 1% caseback any offline and online transactions.
- The cashback credit on your statement directly.
Welcome Benifity:
- 1100 Welcome Benifty.
- Get Limeted Period Offer 1000 Gift Voucher what would you rather have Reward points and Direct case.
- 50% instant discount up to 100 on Swiggy.
Free Airport Lounge Access:
- 4 complimentary domestic lounge Every year.
- Complimentary visits are valid for select lounges in Bangalore, Chennai, Mumbai, Kolkata, Hyderabad and New Delhi.
Fuel Benifity:
- 1% fuel surcharge waiver benifty in Across all over india.
- Maximum benifty Rs 400 up to spend Rs 4000 on cycle statement.
Dining Benifity:
- Up to 15% off at partner restaurants in India with Axis Bank Dining Delights.
Fee and Charges
| Fee | Charges |
|---|---|
| Joining fee | Rs. 500 |
| Annual fee | Rs. 500 (Waived on annual spends above Rs. 3,50,000) |
| Joining and annual fees for Add-on card | Nil |
| Foreign currency transaction fee | 3.50% of the transaction value |
| Cash payment fee | Rs. 100 |
| Finance charges for retail purchases & cash | 3.6% per month (52.86% p.a.) |
| Cash withdrawal fees | 2.5% (minimum Rs. 500) of the amount withdrawn |
| Overdue penalty/ Late payment fee | Up to Rs. 1,200, depending on the due payment amount |
| Overlimit penalty | 2.5% of over the limit amount (minimum Rs. 500) |
| Cheque return/dishonour fee or auto-debit reversal | 2% of the amount (minimum Rs. 450 & maximum Rs. 1,500) |
| Surcharge on railway ticket purchase/cancellation | As prescribed by IRCTC/Indian Railways |
| Rent transaction fee | 1% (maximum Rs. 1,500) per rental transaction |
| Dynamic currency conversion markup | 1% |
2. Amazon Pay ICICI Bank Credit Card
Amazon Credit Card is a cashback credit card launched by Amazon and ICICI Bank for the convenience of its customers. This card offers unlimited cashback at zero charges and is a Visa card. It currently has 5 million customers.
Features and Benefits:
Caseback Benifty:
- Earn 5% caseback on Amazon offical site for Amazon prime member.
- Earn 3% caseback on Amazon offical site for non Amazon prime member.
- Earn 2% caesback on 100 merchant partners on using this card.
- Earn 1% caseback on all payments.
- 20% back up to Rs 100 on electric bill on pay.
- 50% back up to Rs 50 on prepaid mobile recharge and 25% back up to 450 on postpaid bill payments.
- 25% back up to Rs 200 on recharge on DTH.
- 25% back up to Rs 250 on gas cylinder payments.
Welcome Benifty:
- Get welcome benifty rewards Rs 2000.
- No joining fee and no anual charges.
Fuel Benifty:
- 1% fuel surcharge waiver on fuel transactions at HPCL petrol pumps.
Dining Benefits:
- up to 15% dining discount at 800+ participating restaurants via the ICICI Bank Treats Programme.
Rewards points:
- Earning rewards points can be used to purchase on Amazon offical site.
- Earning rewards points convert automaticaly into Amazon pay balance.
Fee and Charges
| Fee | Charges |
|---|---|
| Joining & Annual Fees | No joining or annual fees |
| Supplementary Card Fees | Nil |
| Interest on Extended Credit/Cash Advances | 3.5% to 3.8% per month (42% to 45.6% p.a.), based on customer behavior |
| Cash Advance Transaction Fee | 2.50% of the advance amount (Min. Rs. 300) |
| Dial-a-Draft Transaction Fee | 3% of the draft value (Min. Rs. 300) |
| Late Payment Charges |
Rs. 100 for amounts due between Rs. 100 to Rs. 500 Rs. 500 for amounts due between Rs. 501 to Rs. 10,000 Rs. 750 for amounts due over Rs. 10,000 |
| Over-limit Charges | 2.50% of the over-limit amount (Min. Rs. 500) |
| Return of Cheque/Auto-debit Return Fee | 2% of the total amount due (Min. Rs. 450) |
| Outstation Cheque Processing Fee | 1% of the cheque value (Min. Rs. 100) |
| Fee for Cash Payment at Branches | Rs. 100 per transaction |
| Duplicate Statement Request | Rs. 100 (beyond 3 months) |
| Card Replacement Fees | Rs. 100 |
| Cheque/Cash Pick-up Fees | Rs. 100 per pick-up |
| Charge Slip Request | Rs. 100 per charge slip |
| Foreign Currency Transaction Fee | 3.50% mark-up |
| Goods & Services Tax (GST) | 18% on all fees, interest, surcharges, and other charges |
3.SBI Cashback Credit Card
SBI cashback credit card most popular credit card in this categories.SBI has one of the best credit cards. Customers get a lot of cashback with this credit card. If you do online shopping with this credit card, you get 5% cashback, like Amazon or Flipkart. every Indian users should have this card who use the credit card.
Features and Benefits:
Cashback Benefits:
- You get 5% cashback on online shopping.
- You get 1% cashback on any offline bill payment.
Complimentary Lounge Access
- You get 4 complimentary domestic airport lounge visits per year.
Fuel Surcharge
- You get 1% fuel surcharge waiver all over india petrol pump.
Emi benefits:
- You have get the balance transfer on emi with credit card.
Fee and Charges
| Fee | Charges |
|---|---|
| Joining fee | Rs. 999 |
| Renewal fee (from the second year onwards) | Rs. 999 (Reversed on annual spends of Rs. 2,00,000 or more) |
| Add-on fee | Nil |
| Cash advance fees (Domestic & International ATMs) | 2.5% or Rs. 500 (whichever is higher) |
| Cash payment fee | Rs. 250 + applicable taxes |
| Finance charges | Up to 3.50% per month (42% per annum) |
| Late payment charges (Rs. 0 to Rs. 50,000+) |
|
| Overlimit fees | 2.5% of the overlimit amount or Rs. 600 (whichever is higher) |
| Payment dishonor | 2% of the payment amount (minimum Rs. 500) |
| Rewards redemption fee | Rs. 99 (on gifts/cash/specific vouchers) |
| Card replacement fee | Rs. 100 to Rs. 250 |
| Credit limit increase fee | Rs. 200 |
| Network change fee | Rs. 200 |
| Cheque payment fee | Rs. 100 |
| Foreign currency transaction fee | 3.5% |
| Processing fee for rent payments | Rs. 199 |
| Dynamic & static conversion markup fee | 3.5% |
4.Tata Neu Plus HDFC Bank Credit Card
Tata Neo Plus HDFC Bank Credit Card a Rupay variant of HDFC’s credit card. Tata Neo brand is created in association with HDFC Bank.This credit card provides a lot of benefits from Tata Neo apps and Tata Neo offical site.
Features and Benefits:
Caseback Benifit:
- Earn 2% back NeuCoins on non-EMI spends Tata Neu and Tata brand partners’ spends.
- Earn 5% additional back NeoCoin on Tata Neo/Tata Neo Website now.
- Earn 1% back to upi any other bill payment.
Welcome Benifity:
- 499 NeoCoin on Tata Neo apps.
Airport Lounge Access:
- 4 Domestic complimentry lounge access to visit per year calender.
Fuel Surcharge Waiver
- Earn 1% back to fuel surcharge waiver all over india petrol pumps.
Fee and Charges
| Fee | Charges |
|---|---|
| Joining fee | Rs. 499 + applicable taxes |
| Renewal fee | Rs. 499 + applicable taxes. Spend Rs. 1 Lakh or above in a year and get your renewal fee waived. |
| Add-on card fee | Lifetime free |
| Cash advance fee | 2.5% or Rs. 500, whichever is higher |
| Railway ticket purchase fee | 1% of the transaction amount + GST. Reversed after the transaction. |
| Smart EMI processing fee | Rs. 499 + GST |
| Pre-closure charges for Insta Loan, Jumbo Loan & Smart EMI | 3% of the principal outstanding |
| Insta Loan & Jumbo Loan processing fee | Rs. 999 + GST |
| Overlimit penalty | 2.5% of the over-limit amount (minimum Rs. 550) |
| Payment return charges | 2% of the payment amount (minimum Rs. 450) |
| Cash processing fee | Rs. 100 for all card payments in HDFC Bank branches or ATMs |
| Rewards redemption fee | Rs. 99 per redemption request |
| Duplicate physical statement charges | Rs. 10 per duplicate physical statement |
| Balance transfer processing charges | 1% of the transfer amount or Rs. 250, whichever is higher |
| Card validation charges | Rs. 2 |
| V2P SmartHub Vyapar charge | Flat interest of 1% + GST on the transaction amount on Business Cards for vendor payments/ utility Payments/ GST via V2P module in SmartHub Vyapar |
| Reissuance of lost, stolen or damaged card | Rs. 100 |
| Outstation cheque processing charge | Rs. 25 for cheque value up to Rs. 5,000 & Rs. 50 for above Rs. 5,000 |
| Dynamic currency conversion markup fee | 1% |
| Finance charges for revolving credit & cash advances | 3.60% p.m. (43.20% p.a.) |
| Foreign currency markup | 3.5% of the transaction value |
| Rent pay transaction fee | 1% fee of transaction amount |