In these financially challenging times, choosing the right credit card is crucial to safeguarding your finances from inflation. Discover how credit cards can help you save and spend wisely, with benefits like discounts on travel, cash back on online shopping, and reward points for fuel purchases.
The credit card industry in India is booming, with a remarkable 20% compound annual growth rate in the last five years, reaching a record spend of INR 1.13 lakh crore in May 2022. Factors like hyper-personalization, enticing rewards, advanced technology, and Gen-Z interest have fueled this growth, as new fintech players enter the market.
To help you navigate through the abundance of choices, Forbes Advisor India has researched and compiled a list of the top 5 best credit cards in India. Get ready to supercharge your spending and savings!
LIT Credit Card
LIT Credit Card – India’s very first customizable credit card that puts the power of choice right in your hands! If you’ve ever wished for a credit card that caters to your individual needs, embraces your unique style, and rewards you for being you, then the LIT Credit Card is about to make your dreams come true.
Annual Fee | Rewards / Welcome Bonus | Key Feature |
Free | Fully customizable | Customer’s choice |
Flipkart Axis Credit Card
Are you a savvy shopper who is always on the lookout for incredible deals? If so, you’re in for a treat! Introducing the Flipkart Axis Credit Card – a must-have financial tool for cashback enthusiasts like you. Provided by Axis Bank, this credit card is your ticket to unbeatable rewards and exclusive benefits, and we can’t wait to spill all the details!
Annual Fee | Rewards / Welcome Bonus | Key Feature |
INR 500 + taxes | 20% Off on Partner Restaurants Fuel Surcharge Waiver Complimentary Airport Lounge Visits | Discounts, cashback |
Axis Bank ACE Credit Card
The Axis Bank ACE Credit Card is a great option for those who prioritize cashback in a credit card: with this product, you can enjoy unlimited cashback!
Annual Fee | Rewards / Welcome Bonus | Key Feature |
INR 500 + taxes | There is no upper limit on cashback. | Cashback |
SimplyCLICK SBI Credit Card
Introducing the SimplyCLICK SBI Credit Card – your ultimate shopping companion that offers unbeatable rewards and savings for all your online splurges!
Annual Fee | Rewards / Welcome Bonus | Key Feature |
INR 499+ taxes | Amazon gift card | Reward points |
HDFC Millennia Credit Card
Introducing the HDFC Millennia Credit Card – your ultimate companion for unlocking a world of benefits and exclusive privileges!
Annual Fee | Rewards / Welcome Bonus | Key Feature |
INR 1,000 + taxes | 1000 CashPoints | Cash Back |