Best Credit Cards in India 2024
Welcome to the ultimate guide on the "Best Credit Cards in India for 2024"! In a rapidly evolving financial landscape, credit cards have emerged as indispensable tools for managing expenses, unlocking rewards, and access a plethora of benefits. As we navigate through the dynamic market of credit cards in India, it's essential to stay informed about the latest offerings, features, and perks available to consumers.
In this comprehensive blog post, we'll delve into the top credit cards available in India, dissecting their unique features, rewards programs, and suitability for different lifestyles and spending habits. Whether you're a frequent traveler seeking travel perks, a shopping enthusiast looking for cashback and discounts, or someone focused on building credit, we've got you covered.
Join us as we explore the best credit cards offered by leading banks and financial institutions in India, empowering you to make informed decisions and maximize the value of your financial choices in 2024 and beyond. Let's embark on this journey together to uncover the credit cards that best align with your needs and aspirations, ushering in a new era of financial empowerment and convenience.
Best Grocery Credit Cards
From robust cashback rewards on grocery purchases to exclusive discounts and bonus points, the best grocery credit cards in 2024 cater to the everyday needs of shoppers. Here are the Top 3 best grocery credit cards in 2024, which can help you save and earn rewards on grocery shopping.
CATEGORY | CREDIT CARDS |
Grocery Credit Cards |
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HDFC Swiggy Credit Card:
Joining Fee / Renewal Membership Fee – ₹500 /- + Applicable Charges
Interest Rate: 3.6% per month (i.e., 43.2% per annum)
Rewards: Get flat 10% cashback on swiggy orders (food delivery, groceries, Dineout, Genie), capped at INR 1500 per month. Enjoy 5% cashback on online shopping across various categories like Amazon, Flipkart, Myntra, BookMyShow, etc., capped at INR 1500 per month.
Use the HDFC Swiggy Credit Card to sate your appetite and stock up on necessities. This card offers an attractive 10% reward on Swiggy expenses, including groceries from Instamart, so it's not just for people who order takeaway. Savour the ease of placing an online grocery order while stocking your cupboard at a substantial discount. The card is a flexible partner for your regular shopping needs because it also offers you 1% cashback on other purchases and 5% cashback on a variety of online spends.
TATA Neu Infinity HDFC Credit Card:
Joining/Renewal Membership Fee – ₹1,499/- + Applicable Taxes
Interest Rate: 3.49% per month i.e 41.88% annually
Rewards: 2% back as NeuCoins on Non-EMI Spends on Tata Neu and partner Tata Brands, 1% back as NeuCoins on Non-Tata Brand Spends and any Merchant EMI Spends, and 1% back as NeuCoins on UPI spends. 5% back as NeuCoins on selected categories on Tata Neu App/Website, post downloading Tata Neu App and registering for Tata NeuPass.
With the TATA Neu Infinity HDFC Credit Card, treat yourself to a world of Tata benefits! Get 5 NeuCoins for every dollar spent at partner brands including Cleartrip, Swiggy, and Zomato, as well as Tata brands like BigBasket, AirAsia India, and Tata Cliq. Enjoy a welcome bonus of 499 NeuCoins in addition to 2% NeuCoins on all other purchases. Thus, if you're a devoted Tata fan or just like earning good incentives, think about using the TATA Neu Infinity HDFC Credit Card to open up a universe of advantages.
Amazon Pay ICICI Credit Card:
Joining Fees, Annual Fees, and Supplementary Card Fees: There is no joining fee for the Amazon Pay ICICI Bank Credit Card.
Interest Rate: 3.5% - 3.8%p.m. or 42% - 45.6%p.a.
Rewards: Cardholders can avail of 5% cashback on Amazon.in and Amazon Pay and Customers can avail of 15% savings on dining bills at over 2,500 partner restaurants.
The Amazon Pay ICICI Credit Card can be the ideal choice if you're searching for a credit card that rewards your food shopping. Regardless of whether you are a Prime member or not, the card offers 3% cashback on all grocery purchases made on Amazon.in. An extra 2% cashback is available at some grocery stores when you pay with Amazon Pay (limited-time deals may apply). The Card makes it easy to use Amazon Pay to pay for groceries both online and in-store.
Best Dine-out Credit Cards
In 2024, the realm of dine-out credit cards continues to tantalize food enthusiasts with an array of enticing offers and exclusive privileges. The best dine-out credit cards of the year elevate the culinary experience with tantalizing rewards such as generous cashback on dining expenditures, enticing discounts at select restaurants, and even complimentary meals or drinks at esteemed establishments. With a focus on enhancing gastronomic adventures, these cards often extend their benefits beyond dining, incorporating perks like priority reservations, access to culinary events, and curated dining experiences.
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Dine-Out Credit Cards |
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IndusInd Bank EazyDiner Credit Card:
Joining Fee: INR 1999
Interest Rate: 39.99% per annum on outstanding balance after the due date and on cash advances.
Rewards: Avail EXTRA 25% OFF upto ₹1000 every time you eat out & pay on the app via PayEazy. This offer is valid on take-away as well. Enjoy 3 months EazyDiner Prime membership worth INR 1,095. Customers can also enjoy 12 months EazyDiner Prime membership worth INR 2,495. Enjoy GUARANTEED 25% up to 50% OFF at over 2000+ premium restaurants & bars.
The IndusInd Bank EazyDiner Credit Card is the best option if you're a foodie who enjoys eating out. With this card, you may take advantage of special dining advantages and deals at more than 10,000 restaurants in Dubai and India. Enjoy free drinks, desserts, and up to 50% off your food expenditures, among other benefits. Additionally, every purchase you make earns you EazyPoints that you can exchange for gift cards, coupons, and free meals. Other benefits of the IndusInd Bank EazyDiner Credit Card include a low-interest rate, no annual fee, waiver of the fuel surcharge, and more. Apply right away, then get ready to use your IndusInd Bank EazyDiner Credit Card to enjoy the greatest eating experiences.
HDFC Infinia Credit Card:
Joining fee: Rs.12,500
Interest Rate: 1.99% per month i.e. 23.88% annually.
Rewards: Complimentary nights & buffet at participating ITC hotels, Complimentary Club Marriott membership for the first year, and Unlimited airport lounge access across the globe for Primary and Add-on members. Along with this the cards also offer a Complimentary Club Marriott membership for the first year that offers up to 20% discounts for Dining and stay across Asia–Pacific region.
One of the most expensive and prestigious credit cards available in India is the HDFC Infinia credit card. Under the Dine-out Plus program, you can receive up to a 50% discount on dining bills at over 3000 partner restaurants in India when you use your HDFC Infinia Credit Card. More than 800 airport lounges across the globe are accessible for free, and you may also receive a free Zomato Pro membership, which offers up to 40% savings and quicker meal delivery. A high credit limit of up to Rs. 10 lakhs, a low foreign exchange markup fee of 2%, plus a plethora of other benefits make the HDFC Infinia Credit Card an indispensable tool for frequent diners and travelers.
HDFC Swiggy Credit Card:
Joining Fee / Renewal Membership Fee: ₹500 /- + Applicable Charges
Interest Rate: 3.6% per month (i.e., 43.2% per annum)
Rewards: 10% Cashback: On Food ordering, Instamart, Dineout & Genie on the Swiggy app. 5% Cashback: On online spending across eligible MCCs (list available on HDFC website).
HDFC Swiggy Credit is a credit card that offers exclusive dining benefits and offers for Swiggy customers. With this card, you can enjoy up to 20% cashback on food orders, free Swiggy Super membership for a year, and access to premium restaurants and cuisines. HDFC Swiggy Credit also comes with other features such as zero annual fees, fuel surcharge waivers, and reward points on other categories. Whether you are ordering food for yourself, your family, or your friends, HDFC Swiggy Credit is the perfect card for you.
Best Fuel Credit Cards
In 2024, fuel credit cards continue to reign supreme as indispensable companions for motorists, offering enticing rewards and cost-saving benefits. The best fuel credit cards of the year come equipped with lucrative cashback incentives, substantial discounts on fuel purchases, and even complimentary fuel vouchers, allowing cardholders to stretch their petrol or diesel budgets further. With the ever-increasing prices at the pump, these cards serve as invaluable tools for offsetting expenses and maximizing savings on every refueling stop. Beyond fuel-related perks, many of these credit cards also extend additional benefits such as rewards on other everyday purchases, roadside assistance services, and even vehicle maintenance discounts, providing comprehensive value to drivers.
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Fuel Credit Cards |
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BPCL SBI Card Octane
Joining Fees and Annual Fees: INR 499+GST
Interest Rate: 3.50% per month (42% per annum)
Fuel Surcharge: 1%, however it is waived upto INR 100 per month.
Special Feature: Get 25 points on spending every INR 100 at BPCL petrol pumps + Bharat Gas + BPCL fuel lubricants.
With this Card, You can save up to 25% on fuel purchases at BPCL outlets across India. You get 6.25% value back as 25X reward points on fuel purchases, 4.25% surcharge waiver, and 0.75% cashback as per government guidelines. The maximum value back per month is Rs. 500. You can also earn reward points on all your spending with the BPCL SBI Card Octane. You get 25X reward points on fuel purchases at BPCL outlets, 10X reward points on dining, movies, groceries, and departmental stores, and 1X reward point on all other spending. You can redeem your reward points for fuel purchases at BPCL outlets or for gift vouchers from various brands.
IDFC First Bank Power HPCL Credit Card
Joining and Annual Fees: INR 0
Interest Rate: 0.75% - 3.5% Annual Interest Rate - 9% - 42%
Fuel Surcharge: 1%, however it is waived upto INR 100 per month.
Special Feature: 15X reward points on fuel and LPG: Earn an impressive 15X reward points on fuel and LPG purchases at HPCL outlets.
Co-branded with HPCL, The IDFC FIRST Power Credit Card is one of the Best Fuel Cards, designed specifically for drivers who frequently use HPCL pumps. It may not provide the upscale travel benefits or restaurant discounts of certain premium cards, but it does shine in one area: gasoline savings. For drivers who fill up at HPCL pumps most of the time, the IDFC FIRST Power Credit Card is an excellent choice. The substantial welcome bonus and fuel rewards can help you save a lot of money on petrol. In addition, there are no yearly or joining costs, and the card is free for life. In addition to gasoline perks, the card offers points when reserving LPG petrol cylinders.
Indian Oil HDFC Credit Card:
Joining Fees: INR 500
Interest Rate: 3.6% per month i.e. 43.2% annually.
Fuel Surcharge: 1% fuel surcharge waiver at all fuel stations across India (on minimum transaction of ₹400. Max Cashback of ₹250 per statement cycle).
Special Feature: Customers can earn up to 50 Litres of Free fuel annually.
This co-branded credit card from IndianOil and HDFC Bank gives rewards on petrol purchases as well as other areas of spending. At IndianOil locations, cardholders can receive up to 5% in fuel surcharge waivers, up to 5% in cashback on gasoline purchases, and up to 50 reward points for every Rs. 150 spent on eating, grocery, and bill payments. In addition, there is no yearly cost for the first year of the card and a nominal renewal fee of Rs. 500 for the second year.
Best Travel Credit Cards
In 2024, the realm of travel credit cards continues to soar to new heights, offering jet-setters a passport to unparalleled rewards and benefits. The best travel credit cards of the year are distinguished by their comprehensive suite of perks, including generous travel rewards, airport lounge access, travel insurance coverage, and concierge services. These cards cater to the wanderlust of globetrotters, providing opportunities to earn points or miles on every dollar spent, which can be redeemed for flights, hotel stays, and more. With perks like priority boarding, complimentary checked bags, and no foreign transaction fees, these top-tier travel credit cards redefine the travel experience, making every journey a seamless and luxurious adventure.
CATEGORY | CREDIT CARDS |
Travel Credit Cards |
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Scapia Federal Bank Credit Card:
Joining Fees: NIL (Lifetime Free Card)
International Forex Mark-up: 0%
Interest Rate: 41.88% (3.49% per month)
Rewards: 10% Scapia coins on all your normal purchases and 20% Scapia coins on all travel purchases through the Scapia app.
Special Feature: Unlimited domestic lounge visits.
A travel credit card co-branded with Scapia Technology Pvt. Ltd. is the Scapia Federal Bank Credit Card. For travellers on a tight budget who value convenience and affordability above all else, the Scapia Federal Bank Credit Card is an excellent choice. For frequent domestic and international travelers, its lifetime free membership, zero foreign currency markup, and Scapia Coin benefits make it an appealing option. However, you might want to take into account alternative cards with greater earning rates and more comprehensive reward programs if you're searching for premium benefits or a wide range of redemption choices.
Axis Bank Reserve Credit Card:
Joining and Annual Fees: INR 50,000
International Forex Mark-up: 1.5%
Interest Rate: 3.0% per month (42.58% per annum).
Rewards: You get 7.5 reward points for every INR 100 spent.
Special Feature: Complimentary Club ITC Culinary Membership - which entails complimentary and third night stay, 50% off on room tariff for suites, 25% green points on food and beverage spends.
In the Indian premium credit card industry, the Axis Bank Reserve Credit Card is a massive player that exudes exclusivity and extravagance. The undisputed favourite credit card for wealthy vacationers and lovers of luxury is the Axis Bank Reserve Credit Card. Its lifestyle features, airport privileges, and reward rates are unmatched in India. But only those who can fully take advantage of its offers should consider it, given the high annual fee. The Reserve card truly lives up to its name if you're a frequent flyer looking to score elite travel rewards and unique experiences. However, less expensive premium cards might be a better deal for travellers who don't travel as often or for those who want more options for rewards.
RBL Bank World Safari Credit Card:
Joining Fees: NIL for primary cardholders.
Annual Fees: Rs 3000 for primary cardholder.
International Forex Mark-up: 0%
Interest Rate: 3.99% p.m (upto 47.88% p.a)
Rewards: Get 5 points on every travel spend of INR 100.
Special Feature: Free Priority Pass membership. This gives you access to over 1,300 airport lounges worldwide.
Arriving with the promise of adventure-filled benefits for travellers, the RBL Bank World Safari Credit Card is a formidable contender. The RBL Bank World Safari Credit Card is designed for travellers on a tight budget who mostly take domestic and regional vacations. Travel points, a welcome gift, and no foreign currency markup provide good value, while lounge access adds a little luxury. International tourists, lovers of luxury, and those looking for more redemption alternatives, however, might discover better deals elsewhere.
Best Cashback Credit Cards
The best cashback credit cards of the year stand out with their enticing cashback rates, offering generous returns on various spending categories such as groceries, dining, gas, and more. These cards provide users with the opportunity to earn cashback on virtually every transaction, from essential expenses to leisure activities. With no limit on the amount of cashback that can be earned and flexible redemption options, such as statement credits, direct deposits, or gift cards, these top-tier cashback credit cards empower consumers to reap the benefits of their spending habits. Whether shopping online or dining out, these cards remain essential companions for individuals looking to maximize their savings and enjoy the perks of cashback rewards in 2024.
CATEGORY | CREDIT CARDS |
Cashback Credit Cards |
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HDFC Swiggy Credit Card:
Joining Fee / Renewal Membership Fee: ₹500 /- + Applicable Charges
Interest Rate: 3.6% per month (i.e., 43.2% per annum)
Reward System: 10% Cashback: On Food ordering, Instamart, Dineout & Genie on the Swiggy app. 5% Cashback: On online spends across eligible MCCs (list available on HDFC website). 1% Cashback: On all other categories, excluding certain exclusions (list available on HDFC website).
For those who enjoy eating, the co-branded HDFC Swiggy Credit Card provides special perks. Up to 20% cashback on Swiggy orders, 5% cashback on dining and grocery purchases, and 1% cashback on all other purchases are all possible with this card. Additionally, you receive a free one-year subscription to Swiggy Super, which offers free delivery, no surge fees, and other benefits. For people who wish to cut costs on their eating bills and order food regularly, this card is perfect.
HSBC Cashback Credit Card:
Joining Fee / Renewal Membership Fee: Nil
Interest Rate: 3.49% per month (41.88% annually)
Reward System: 10% accelerated cashback on all dining, food delivery and grocery spends (capped up to INR1,000 per billing cycle), 1.5% unlimited cashback on all other spends.
Earn rewards on every purchase with the HSBC Cashback Credit Card. Enjoy 1.5% unlimited cashback on all your online transactions, making it ideal for bill payments, online shopping, and more. Additionally, you'll earn 1% cashback on all other spending categories, ensuring you're always rewarded for your everyday purchases. The card also boasts a joining fee waiver if you spend above Rs. 2 lakh annually, making it a budget-friendly option for cashback enthusiasts.
TATA Neu Infinity Credit Card:
Joining/Renewal Membership Fee:₹1,499/- + Applicable Taxes
Interest Rate: 3.49% per month i.e. 41.88% annually
Reward System: 5% back as NeuCoins: Earn 5 NeuCoins for every ₹100 spent on non-EMI spends across Tata Neu and partner Tata brands like Croma, Westside, BigBasket, Tata 1mg, IHCL Hotels, AirAsia India, and Qmin. 1.5% back as NeuCoins: Get 1.5% NeuCoins on non-Tata brand spends and any merchant EMI spends. 1.5% back as NeuCoins on UPI: Earn 1.5% NeuCoins on all UPI spends (including spends on partner Tata brands), with a maximum cap of 500 NeuCoins per calendar month.
The Tata Neu Infinity HDFC Credit Card is a high-end credit card that grants its holders certain privileges and incentives. You can take advantage of fuel fee waivers, air accident coverage, concierge services, and limitless access to airport lounges by using this card. Every purchase you make can also earn you reward points, which can be redeemed for a range of goods and services. Additionally, you can receive up to 5% in rewards on dining, travel, entertainment, and online shopping. If you want to enjoy savings and luxury at the same time, the Tata Neu Infinity HDFC Credit Card is the ideal option.
Conclusion
In conclusion, navigating the landscape of credit cards in 2024 requires a keen understanding of one's financial needs and priorities. With an array of innovative offerings, from robust rewards programs to enhanced security features, consumers have more choices than ever before. Whether you're seeking travel perks, cash back rewards, or simply aiming to build credit responsibly, the best credit card for you depends on a variety of factors including spending habits, credit history, and long-term financial goals. By staying informed about the latest trends and comparing available options, you can make empowered decisions that align with your lifestyle and aspirations. Remember, the best credit card is the one that complements your financial journey and empowers you to achieve your dreams.