Best Credit Card in India

In 2006, when I started using Credit Card there were no prominent offers in India for the booming credit card users except for few cash back offers and rewards to save money.The first Credit Card I ever used in my life was a ICICI Bank Platinum Credit Card which I took after getting my first job in 2006.

I’ve earned more than 10,000 rupees from the Credit Card cash backs last year which augmented the thought of creating a forum in me to enable conversations on Credit Cards.

I scrutinized and differentiated Credit Cards of different Banks to make a record to help and assist people in choosing a suitable card for their income and choices.

  1. Standard Chartered Manhattan Credit Card
  2. Standard Chartered Platinum Rewards Card
  3. ICICI instant platinum card
  4. SBI simply click credit card
  5. Standard Chartered Super Value Titanium Credit Card
  6. Citibank Cashback Card
  7. Indianoil Citi (IOC) Platinum Credit Card
  8. Amex Travel Platinum Card
  9. HDFC AllMiles Credit Card
  10. American Express® Gold Credit Card
  11. SBI ELITE Credit Card
  12. Citi Premiermiles Credit Card
  13. American Express® MakeMyTrip Credit Card

Make a quick hassle free choice based on your requirements and usage if you have the thought that the article is too long to read. Below given are the credit cards from different Banks based on the offers they provide to its customers.

  1. People with daily based jobs who get salaries and the ones who are applying a credit card for the first time. My choice for you guys would be Standard Chartered Platinum Credit Card which has got additional benefits like free for the lifetime and ease of approval .
  2. People who are shopping freaks and house makers who buy grocery regularly, They have to pick Manhattan card which provides us with offers like 5% Cash back on grocery and also a chance of winning 3x reward points on shopping with the card.
  • People who are mad about travelling can chose Amex Travel Platinum Card or Citibank Premier Miles to get travel related benefits.

Here is the circumstantial analysis of all the 13 credit cards:

Standard Chartered Manhattan Credit Card.

I opt to use Standard Chartered Manhattan Credit card because I feel it’s the best for my needs and priorities and the euphoria continues.

I feel people tend to use Standard Chartered Manhattan Credit Card predominantly on the basis of it’s 5% cash back on grocery offer as in supermarkets. My grocery expenditure per month would approximately be 6000 rupees, The grocery bills I make per month normally be 3000 rupees which gets me cash back of 150 rupees. The cash back procedure is a hassle free one without any clause. The maximum amount of cash back you can get on grocery per year equals 6000 rupees which you can utilize to even pay back the credit card bill.

Standard Chartered Manhattan Credit Card is having a joining fee of 499/- for which you can get a renunciation by spending 30,000 in the first year. There is annual fee charged from second year which means there is no annual fee for the first year.

There is a annual fee of 999/- for the second year which can be waived off by spending 60,000 in the second year.

These are few crucial benefits you get having a Standard Chartered Manhattan Credit Card.

  • 5% cash back on grocery and household bought at supermarkets and departmental stores like More, Reliance fresh, Big Bazaar and Food Bazaar.
  • 5x rewards for the bills you pay at Hotels, Dining, Flight ticket reservations and Fuel with your Credit Card.
  • You get 20% cash back on Uber rides.

Few limitations that needed to be known by everyone

  • Maximum cash back amount you get per month is Rs. 500
  • Maximum cash back amount you get per transaction is Rs. 150
  • The entitled minimum transaction amount is Rs. 750

Standard Chartered Platinum Rewards Card

Standard Chartered Platinum Rewards Card puts no Annual or Joining fees to acquire it.

Whereas the approval criteria for Standard Chartered Platinum Rewards Card also stands same like every other credit card which is a Employee with a monthly salary. It also gives you the privilege of upgrading it to Standard Chartered Manhattan Credit Card anytime you wish to which is solely approved on the basis of your salary and Credit Card usage.

This seems to be the best option for someone who wish to acquire a Credit Card which serves all his purposes with no annual fee.

These are few crucial benefits you get having a Standard Chartered Platinum Rewards Card

  • You get additional 1000 rewards points if you make a transaction within 60 days
  • Bonus 500 points for registering for online banking
  • 20% cashback on Uber rides.
  • 5 points on spending 150 rupees on dining
  • 5 points on spending 150 on fuel

ICICI Instant Platinum Card.

ICICI Instant Platinum Card is a unfussy card without any fuss like annual fee and joining fee similar to the Standard Chartered Platinum Rewards Card. So usually people wish to opt it if your Standard Chartered Platinum Rewards Card gets rejected out of any issues.

People like Students, Housewives and people who aren’t earning but wish to purchase things online using a credit card on a EMI basis usually opt ICICI Instant Platinum Card. People who aren’t earning usually are asked to apply for a credit card against a fixed deposit.

These are few crucial benefits you get having a ICICI Instant Platinum Card.

  • 3 payback points for every Rs.100 spent.
  • Get ₹ 100 off on movie tickets twice a month.
  • 5% fuel surcharge can be waived off on a maximum fuel transaction of ₹ 4,000 at HPCL pumps.

Applying for another credit card after getting rejected for ICICI Instant Platinum Card is not usually suggested as it is believed to ruin your CIBIL report. If you need a credit card, you need to apply for it against a fixed deposit in the name of you at your bank.

SBI Simply Click Credit Card.

SBI Simply Click Credit Card is ranked at 3 in the list of best credit card in India. It has a annual fee of 499/- which can be waived off by spending 1,00,000 per year.

SBI Simply Click Credit Card is a card for shopping lovers who wish to purchase things online and even the biggest  E commerce websites like Amazon, Flipkart, Makemytrip, Cleartrip came up with exciting offers.

You will be gifted with a voucher of Rs. 500 by Amazon.

These are few crucial benefits you get having a SBI Simply Click Credit Card.

  • 10X rewards on online spends – Amazon / BookMyShow / Cleartrip / Foodpanda / FabFurnish / Lenskart / OLA / Zoomcar.
  • Earn 5X rewards on all other online shopping.
  • A welcome e-gift voucher worth Rs 500 from Amazon.
  • 1% fuel surcharge will be waived(on 500+ transaction amount).
  • Cleartrip e-voucher worth Rs.2,000 on annual online spends of Rs. 1,00,000 (one more 2000 e-voucher on another 1,00,000 milestone).

Standard Chartered Super Value Titanium Credit Card.

Standard Chartered Super Value Titanium Credit Card is considered as the best card for travel lovers as it offers 5% cash back on fuel filled using this credit card and it also offers 5% cash back on Utility and Telephone bill payments.

It has a joining fee of Rs.499 and the Annual fee of Rs. 750 starts from the second year which means there will be no annual fee in the first year but we need to confirm with the customer care of Standard Chartered Super Value Titanium Credit Card about the annual fee waiver criteria.

These are few crucial benefits you get having a Standard Chartered Super Value Titanium Credit Card.

  • Get 5% cashback on fuel at all petrol pumps in India. You will receive a 2.5% surcharge reversal and 2.5% cash back on the transaction amount at any petrol pump, be it BPCL, IOC, HPCL or Reliance.
  • 5% cashback on all telecom payments including phone bills.
  • 5% cashback on all utility bill payments, allowing you to save more on electricity, gas and water.
  • Get 1 reward point per Rs.100 on all other spends.Each reward point equals 30 paise in Indian currency.

Citibank Cash back Card.

Citibank Cash back Card offers a cash back of 5% on Utility and Movie tickets but it doesn’t provide any cash back for the amount spent of filling fuel and it is known that you need to apply for a IOC card separately if you desire to get cash back benefits on fuel.

Citibank Cash back Card charges a annual fee of 500 starting from the first year and it’s needed to be confirmed with the customer care about the annual fee waiving criteria.

These are few crucial benefits you get having a Citibank Cash back Card.

  • 5% cashback on movie tickets payments.
  • 5% cashback on all your telephone bills.
  • 5% cashback on all utility bill payments made online through citibank online bill pay.
  • 5% cashback on all other spends.

Few limitations that needed to be known by everyone.

  • Maximum cash back amount you get per month per each group is Rs.100.
  • The entitled minimum transaction amount is Rs.500.

Citibank Cash back Card is considered to be the best for the ones who spend at least 2000 on each category of Movies or Telephone or Bill payment as you can get back a amount of Rs.300 and a additional 0.5% cash back on all other services.

Indian Oil Citi (IOC) Platinum Credit Card.

Indian Oil Citi (IOC) Platinum Credit Card is well known for it’s stupendous cash back benefits on fuel filling.

For a purchase of fuel for Rs.150 Indian Oil Citi (IOC) Platinum Credit Card offers 4 turbo points where each turbo point values to 1 Rupee of fuel. You will get a benefit of 2.67% of the total amount you spent on fuel and additionally a surcharge of 2.5% is waived off on fuel.

Indian Oil Citi (IOC) Platinum Credit Card charges a annual fee of 1000 from the first year which can be waived off by spending a amount of 30,000 annually.

These are few crucial benefits you get having a Indian Oil Citi (IOC) Platinum Credit Card.

  • Get benefits of worth Rs 250 on the activation of card.
  • 4 Turbo Points on Rs.150 of fuel purchases at authorized IndianOil Retail Outlets across the country.
  • 5% of fuel surcharge waiver.
  • 2 Turbo Points on Rs.150 at grocery and supermarkets.
  • 1 Turbo Point on Rs.150 spent elsewhere like Shopping, Dining and more.

Few limitations that needed to be known by everyone.

  • The 4 points you get on a purchase of Rs.150 fuel is confined to only Indian Oil outlets.
  • The redemption of 1 turbo point to 1 Rupee of fuel can also be done at Indian Oil outlets.

It is suggested to take Indian Oil Citi (IOC) Platinum Credit Card only if you are habituated to fill your fuel at Indian Oil outlets as the benefits of the card are confined to those outlets.

Amex Platinum Travel Credit Card.

Amex Platinum Travel Credit Card is considered to be the best among all the travel credit cards as it doesn’t confined the outlets nor the service providers. Amex Platinum Travel Credit Card offers equal benefits for the tickets you book at different travelling websites and booking portals.

If you are a person who doesn’t confined yourself to a particular booking portal or a website and book your travelling tickets with different portals every single time having Amex Platinum Travel Credit Card is considered to be a must as it doesn’t show any partiality towards any booking portal.

It offers a welcome gift and it also gives away gift vouchers based on the amount you spend using this credit card including the regular targets.

These are few crucial benefits you get having a American Express Platinum Travel Credit Card.

  • Enjoy the welcome gift of 5000 bonus milestone redeemable for travel voucher worth Rs 4000.
  • Spend 1.90 lakh in a year and get Indigo voucher worth Rs 6000 (valid for 6 months).
  • Spends 4 lakh in a year and get additionally 10,000 milestones redeemable for Indigo voucher worth Rs 10,000 (valid for 6 months)
  • On spending 4 lakh also get a gift voucher from Taj group worth Rs 10,000 ( valid for 6 months)
  • Earn 1 membership reward point for every Rs 50 spends except fuel, insurance, utility bill payment and cash transaction
  • Enjoy 4 complimentary visits to per year to 29 airport lounges in 12 cities across India
  • Enjoy up to 20% off every time you dine at select restaurant partners.
  • Get exclusive discount on flight or hotel booking through MakeMyTrip.
  • The redemption value of 1 reward point is = INR 0.50 if you go for indigo voucher.
  • You have over 600 options to redeem your bonus points.
  • Amex Platinum Travel Credit Card charges a annual fee of Rs.3500 in the first year followed by the renewal fee of Rs.5000 from second year.Annual fee cannot be waived off in any direct way but you need to consult the customer care for more details.

Amex Platinum Travel Credit Card is considered to be the best when you spend over Rs.4,00,000 per annum as its benefits are mostly inclined towards the customers who spend more than Rs.4,00,000 annually.

HDFC Allmiles Credit Card.

HDFC Allmiles Credit Card is one of it’s kind Travel Credit Card as it offers double benefits when you do your ticket bookings through the Allmiles Portal. HDFC Allmiles Credit Card not just gifts you with usual reward points but also offers welcome bonus points and renewal bonus points.

HDFC Allmiles Credit Card charges a annual fee of Rs.1000 which can be waived off by spending Rs.15,000 in the first 90 days and the renewal fee of Rs.1000 can also be waived off by spending Rs.1,00,000 in the first year.

These are few crucial benefits you get having a HDFC Allmiles Credit Card.

  • Get welcome gift of 1,000 reward points.
  • Get 1,000 renewal reward points.
  • Get 3 reward points per Rs.150 you spent on anything.
  • Enjoy double reward points on your spends on allmiles website.
  • Fuel surcharge waiver capped at Rs.500 every billing cycle (ST applicable)
  • Provide lounge access at airports in india or overseas.

HDFC Allmiles Credit Card offers the redemption of it’s reward points with Air miles. 100 reward points equals the value of 50 Air miles or Rs.50 air voucher.

American Express Gold Credit Card.

American Express Gold Credit Card is famous for it’s stupendous benefits on every transaction you make. It offers 1000 bonus points per month and the criteria to get that points is to make 6 purchases worth Rs.1000 or more than that. It got it’s fame among all the American Express cards due to benefits and rewards.

American Express Gold Credit Card charges a annual fee of Rs. 1000 for the first year which is followed by the annual fee of Rs. 4500 from the second year to all the upcoming years. When it comes to waiving off the annual fee you can pay back the annual fee with the redemption of the bonus points you get.

These are few crucial benefits you get having a American Express Gold Credit Card.

  • 4,000 Bonus Rewards Points, to be awarded on using the Card 3 times within the first 60 days of issuance of card.
  • Earn 1,000 Bonus Membership Rewards Points for simply using your Card 6 times on transactions of Rs. 1,000 and above every month.
  • Earn 5,000 reward points on the renewal of card.
  • Earn 1 Rewards Point per Rs.50 spent except for spend at Fuel, Insurance, Utilities and Cash Transactions.
  • Get up to 30% discount and additional 5% cashback at over 1200 restaurants that are linked with the american express.
  • The worth of reward points is 100 points = Rs.25.
  • 1200 restaurants are located in the big cities of the country.
  • No predefined limit.

SBI ELITE Credit Card.

SBI is one of the top most service providers in the field of banking in India. But SBI never satisfied itself with the debit card users but always craved for increasing the Credit card users.

SBI ELITE Credit Card offers various benefits in the categories of grocery, departmental stores and dining at numerous restaurants due to the fame of SBI.

SBI ELITE Credit Card charges a annual fee of Rs.4999 in the first year which is the same in the following years but there is no option of annual fee waiver but SBI offers a gift voucher of Rs.5000 on the date of card issued which is equal amount as the annual fee.

These are few crucial benefits you get having a SBI ELITE Credit Card.

  • Welcome e-gift voucher worth Rs 5000 from popular brands.
  • Free movie tickets worth Rs. 6,000 every year. It is valid for at least 2 tickets per booking per month. Maximum discount is Rs.250/ ticket for 2 tickets only.
  • Earn 10,000 bonus reward points on achieving annual spends of Rs 3 lakhs and 4 lakhs.
  • Earn 15,000 bonus reward points on achieving annual spends of Rs 5 lakhs and 8 lakhs.
  • 1% fuel surcharge waiver across all petrol pumps maximum up to Rs. 250 subjective to transaction from Rs.500 to Rs.4000.
  • Earn 2 reward points per Rs.100 on all spends.
  • Earn 5X reward points on dining, departmental stores, grocery and international spends.
  • Enjoy complimentary domestic lounge access twice every quarter at airport lounges in india.
  • Worth of 4 reward points = Rs.1.
  • You can pay your card outstanding with reward points.

SBI ELITE Credit Card has a annual fee of Rs.5000 is so high when compared to the other credit cards. So, it is considered to be useful for someone who spends a total of Rs.5,00,000 annually.

By spending a total of Rs.5,00,000 per annum you get rewards points worth 25,000 when redeemed turns to Rs.6250 and adding to these SBI ELITE Credit Card also offers regular reward points as these are just the bonus rewards points. This way this credit card us beneficial for only someone who spends more than Rs.5,00,000 per annum.

Citi PremierMiles Credit Card.

If you are a travel freak Citi PremierMiles Credit Card is the one of the best options you can have as it offers it’s rewards points in the form of miles considering the distance you travelled with the ticket you purchased using this card with many number of redemption options in many domestic and international airlines.

Citibank PremierMiles Credit Card charges a annual fee of Rs.3000 which cannot be waived off but it provides 10,000 miles as reward points if you can spend Rs.1000 within 60 days from the date on which the card was issued which can be redeemed at any of the Citibank partners and when redeemed these 10,000 miles transforms into Rs.4500 which is more 1.5 times of the annual fee.

These are few crucial benefits you get having a Citibank PremierMiles Credit Card.

  • Get 10,000 miles with your first spend of Rs 1,000 or more on your citi PremierMiles card within 60 days of card issuance.
  • Get 3,000 miles on card renewal.
  • Earn 10 miles for every Rs. 100 spent on exclusive website www.premiermiles.co.in.
  • Earn 10 miles for every Rs.100 spent on all airlines transactions.
  • Earn 10 miles for every Rs. 100 spent on flipkart and makemytrip.
  • Earn 4 miles for every Rs 100 spent on all other transactions.
  • Provides air accident insurance cover upto Rs.1 crore.
  • It also provides complimentary language accessed to participating airport lounges in india
  • Redeem miles across over a 100 domestic and international airlines.
  • You can also redeem mile, the value is 100 miles= Rs. 45 at citibank’s preferred partners.
  • Redeem your miles up to 3 hours before take off.

Citibank PremierMiles Credit Card is suggested for persons who travel on a regular basis as it offers 10% rewards for the total amount you spend.

American Express Makemytrip Credit Card.

American Express Makemytrip Credit Card is United venture of American Express and the online travel booking website Makemytrip. With the rapid increase in online travel bookings American Express stepped ahead of it’s competitors by partnering with Makemytrip and offering many rewards and benefits.

American Express Makemytrip Credit Card is the best on the online travel booking website Makemytrip as its the partner. It offers 5 reward points for every Rs.100 you spend on your ticket bookings.

American Express Makemytrip Credit Card charges a annual fee of Rs.750 for the first year which is followed by the annual fee of Rs.1500 from the second year to all the upcoming years. There is no annual fee waiving fee option with this card but it provides the customers with a total reward points worth Rs.2000.

These are few crucial benefits you get having a American Express Makemytrip Credit Card.

  • You will get welcome gift of 2 MakeMyTrip voucher,each worth Rs.1000.
  • Earn 2 points per Rs.100 you spent.
  • Earn up to a total of 5 points per Rs.100 spent on MakeMyTrip.
  • Get a MakeMyTrip voucher worth Rs. 2,000 on spending Rs. 1.25 lacs and an additional MakeMyTrip voucher worth Rs. 5,000 on spending Rs. 2.5 lakh , every year.
  • Get up to 30% discount and additional 5% cashback at over 1200 restaurants that are linked with the american express.
  • Provide Discounted access to 31 domestic airport lounges at 14 cities in india.
  • The worth of reward points is 100 points = Rs.25.
  • 1200 restaurants are located only in the big cities of the country.

If you are a consistent user of Makemytrip for your travel bookings then this card is the best for you as it aids your bookings in a systematic way offering numerous rewards and benefits.

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