Top 5 Credit Cards in India: A Comprehensive Guide to Best Options

Top 5 Credit Cards in India: A Comprehensive Guide to Best Options

Credit cards can be one of the best or the worst purchases you make. Which one is right for you? Which one will help you save money and build a better credit score? This blog post will cover all of this, as well as how to choose a credit card for your lifestyle.

What are Credit Cards?

A credit card is a plastic or metal piece of plastic that provides its users with the ability to borrow funds for payment. It's issued by a bank/financial services company, has a condition that users pay back the borrowed money as well as any final interest plus fees, and can be paid back in full or over time.

When you apply for a credit card, an issuer might also grant you a cash line of credit (LOC) so you can borrow more money in the form of advance payments. Cash advances have different terms, such as no grace period and higher interest rates, than when you use your main credit line normally. Issuers typically set up limits based on an individual’s credit history or score. Most businesses let customers pay with cards like this to buy goods and services.

These cards can reward customers with things like airline miles, hotel rooms, store gift cards, and cash back on purchases. Credit cards may also offer higher-interest rate debt options for people who want to borrow money at high interest rates.

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Top 5 Credit Cards in India

India is home to some of the most popular tourist destinations in the world with good reason. The country offers a rich cultural heritage, stunning landscape, amazing food and an incredibly diverse population. This means that there are a variety of credit cards available to tourists, both foreign and domestic.

Here are five of the best credit cards in India:

1) ICICI Bank Credit Card – This card has a range of benefits that you'll love. You'll receive access to a 24/7 concierge service and emergency assistance as well as discounts on dining and travel. The reward point program is also generous, giving you miles for your purchases.

2) SBI Card Elite: This card benefits you with up to 50% off dining, access to airport lounges, and discounts on gas. In addition, you'll get travel insurance and reward points to help top up your account balance while your card is active.

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3) HDFC Bank MasterCard – This card has a range of benefits that you'll love. You'll receive access to a 24/7 concierge service and emergency assistance as well as discounts on dining and travel. The reward point program is also generous, giving you miles for your purchases.

4) Axis Bank Platinum Credit Card – With the credit card, you get a variety of benefits that are important to your everyday life. These include a rewards program, discounts on dining and travel, as well as access to airport lounges. Cardholders get a fuel surcharge waiver too.

5) Kotak Mahindra Bank Royale Signature Credit Card: With a wide range of benefits, this credit card offers a lot to its cardholders. Cardholders get unlimited lounge access, discounts on dining and shopping, and golf privileges. They also enjoy rewards points and a 24/7 concierge for help with anything they need.

Conclusion

When it comes to credit cards, there are a lot of options available in India. But not all of them offer the same features and benefits. To help you choose the best card for your needs, we've put together this guide with the top credit cards in India. Read on to find out more about each one and decide which one is right for you!

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