ICICI Credit Card [Amazon Pay Credit Card]
Rating: ⭐⭐⭐⭐⭐
Benefit: No cost EMI
Description: ICICI Bank's Amazon Pay Credit Card is one of the best credit cards for cashbacks. Flat cashback is credited to the Amazon account in the form of an Amazon Pay balance within 2 days of completion of the billing cycle.
Review: ICICI Bank offers a variety of credit cards tailored to different needs, such as shopping, travel, and rewards. Many of their cards, like the Amazon Pay ICICI Credit Card, come with no annual fees and attractive cashback offers. However, some cards have limited reward points for utility and insurance payments.
Pros:
Pay without pin
Easy bill payments through the autopay feature
Credit protection plan
5% cashback on all Amazon purchases
1% cashback for all offline purchases
Cons:
Low cashback rate for non members of Amazon Prime
Prime membership is only available for a limited time, i.e., 3 months
2. IDFC Bank FIRST Wealth Credit Card
Rating:⭐⭐⭐⭐☆
Benefit: Lifetime free
Description: A lifetime free credit card for people who want to enjoy exclusive travel benefits.
Review: IDFC Bank’s first wealth credit card is a premium credit card with benefits like unlimited reward points and insurance coverage. But it also has a spending threshold that needs to be fulfilled, which is a major drawback.
Pros:
Low interest rates
Redeemable rewards
Up to 8 lounge and spa visits per year
Insurance coverage
Up to 10x rewards on every spend
Cons:
Limited redemption rewards
The lounge access perk is only applicable if you fulfil a certain spending threshold.
3.Tata Neu Infinity HDFC Credit Card
Rating: ⭐⭐⭐⭐☆
Benefit: Co branded card
Description: Tata Neu’s Infinity HDFC Credit Card, which can be redeemed across Tata Neu and its extensive network of partner brands.
Review: The Infinity Credit Card is a versatile choice, as it covers expenses among most of Tata Neu’s partner brands. But there are no milestone benefits except an annual fee waiver.
Pros:
Contactless payment
4 complimentary lounge visits every year
499 NeuCoins on the Tata Neu App on making the first transaction within 30 days of card issuance.
Interest free credit period
Cons:
No milestone benefits except an annual fee waiver.
Expense coverage is only for Tata brands.
4. HSBC Credit Cards [Travel One]
Rating: ⭐⭐⭐⭐☆
Benefit: Multiple travel benefits
Description: HSBC’s Travel One is a credit card for frequent travellers with high-value features.
Review: The HSBC Travel Card is designed for frequent travellers, offering benefits like accelerated reward points on travel-related expenses, complimentary airport lounge access, and instant redemption options for flights and hotels. It also provides discounts on travel bookings and lifestyle perks, making it a versatile choice for globetrotters.
Pros:
Air miles conversion
Lounge access
Balance transfer
2x rewards on all travel bookings
Up to 20% off on Zomato, Yatra, EaseMyTrip
Cons:
Welcome benefits come with spend-based conditions
5. Axis Bank Atlas Credit Card
Rating: ⭐⭐⭐☆☆
Benefit :Up to 10% value-back on travel spends
Description: Axis Bank’s Atlas Credit Card is a travel-focused card with 10% value back on travel spends, among other benefits.
Review: The Atlas Credit Card by Axis Bank offers multiple benefits, but high membership fees are a drawback.
Pros:
1: 2 redemption ratio on hotel and airline partners
Cashback rewards
Tier based benefits
Cons:
High membership fees
Quick Summary
Looking for the top 5 credit cards in India? Here’s a quick summary:
ICICI Bank: no cost EMIs
IDFC Bank: lifetime free
Tata Neu: co branded card
HSBC Bank: travel benefits
Axis Bank: great value back