Believe it or not – you can plan an entire vacation using your credit card miles and points. When you use the right credit cards and spend wisely, you can collect enough rewards to enjoy free flight tickets and hotel stays.
Not just that, some credit cards give you benefits in the form of cashback and other useful discounts. The key is to find the best credit cards as per your lifestyle and expenses. For instance, if you travel a significant distance using your vehicle, you can benefit from a fuel credit card. These cards offer benefits for every rupee that you spend on fuel.
But don’t stress if you don’t know where to start. Here’s a comprehensive list of the best reward credit cards in India, just for you.
Are you an online shopper who has parcels coming in regularly? If yes, the SBI SimplyCLICK Credit Card can give you 10X reward points for the money that you spend on online sites such as Amazon, BookMyShow, Cleartrip, Lenskart and Netmeds. For all other online spends, the card gives you 5X reward points.
- Cleartrip voucher worth INR 2,000 on annual online spends of INR 1 Lakh and INR 2 Lakh.
- 1% fuel surcharge waiver for each transaction that you make between INR 500 and INR 3,000.
- Earn a maximum of 10,000 reward points in a calendar month.
Annual Fee: INR 499 + GST. The fee gets waived off if your annual spend is INR 1 Lakh.
The American Express Membership Rewards Credit Card is a coveted card that is ideal for people who use credit cards extensively for their payments. This card has a high renewal fee. Thus, it is advisable to consider the card only when your expenses are high enough for you to reap the benefits.
- Earn INR 1 Membership Rewards Point for every INR 50 that you spend except for expenses on fuel, insurance, utilities, cash transactions and EMI conversion at the point of sale.
- A welcome bonus of 4,000 Membership Reward Points
- Receive 1,000 Bonus Membership Rewards Points by using your card four times for transactions worth INR 1,000 and above every month.
- Receive 5,000 Membership Rewards Points when you renew your card after the first year.
- After accumulating 18,000 reward points, you can choose one of the following.
- Taj hotel vouchers worth INR. 9,000.
- American Express Domestic Travel e-voucher worth INR 7,000.
- Amazon e-voucher worth INR 7,000.
- Statement Credit worth INR 6,000.
- After accumulating 24,000 reward points, you can select for one of the following benefits.
- Taj voucher worth INR 14,000.
- Tanishq voucher worth INR 10,000.
- Statement Credit worth INR 9,000
Annual Fee: INR 1,000 in the first year and INR 4,500 from the next year onwards. The renewal fee gets waived off for annual spends of INR 1,50,000.
The Standard Chartered Manhattan Platinum Credit Card gives instant cashback for your grocery purchases in supermarkets and is ideal for families. The card is loaded with other benefits that make it one of the most competitive cards in the market.
- Earn 5% cashback for your expenditure supermarkets.
- Receive 3X reward points for all other purchases.
- Enjoy multiple other offers and discounts as you shop, travel, and dine out.
- Redeem the reward points for exciting gifts for yourself and your family.
Annual Fee: INR 999 which gets waived off on annual spends of INR 1,20,000
The Standard Chartered Emirates World Credit Card is recommended if you are a frequent overseas flier. This travel card offers more than satisfactory returns on the amount you spend on flights.
- A welcome bonus of 4,000 miles when you get the card.
- Receive a free ticket to Dubai by accumulating 27,500 Skyward Miles.
- You can earn 6 Skyward miles on every INR 150 that you spend on Emirates transactions. For all the other transactions, you can earn 3 Skywards Miles for every INR 150.
- For your duty-free shopping, you can get 5% cashback of maximum of INR 1,000 per month.
- The card also gives you airport accesses and golf privileges.
Annual Fee: INR 3,000 in the first year and INR 3,000 from the next year onwards.
The MakeMyTrip ICICI Bank Signature Credit Card is a card for travellers who are perpetually planning their next business trip or vacation.
- Get INR 1,500 My Cash and a Lemon Tree Hotels voucher worth Rs 2,500 on joining.
- Receive a validity of 1.5 years on Joining Benefit My Cash.
- Enjoy benefits worth up to INR 70,000
- Get exclusive MMT Cabs benefit and a complimentary Airtel international roaming pack.
- Get two complimentary airport lounge access per quarter by spending INR 5,000 in a calendar quarter on your card.
- Get a complimentary Dreamfolks Card, which is the first all-in-one Digital Airport platform. With this, you get access to 450 airports lounges in 115 countries.
- Enjoy one complimentary railway lounge access in a quarter to participating lounges in India.
- Every 6th ride on OLA in a month becomes free.
Annual Fee: The joining fee is INR 2,500, and there is no renewal fee.
The HDFC Bank Diners Club Black Card is ideal for individuals who spend heavily on air travels and hotel stays. It offers lifestyle and travel rewards to make your vacations even more luxurious.
- Earn 4 Reward Points for a spend of every INR 150. One reward point gets converted into one mile.
- You can redeem Reward Points for Miles with leading International and Domestic airlines and hotels.
- Book air tickets and hotels across more than 150 airlines and choice of hotels.
- Activate your credit card for overseas spends and increase your international daily limit through net banking.
- Receive up to six complimentary accesses to 1000+ lounges across the world in a calendar year.
- Enjoy concierge services for your travel needs.
- Relish your meals at the finest restaurants with 15% discount.
Annual Fee: INR 10,000 per year. This fee gets waived off for the subsequent year on spends of INR 5,00,000 in one year.
This list of the best reward credit cards in India can help you enjoy a better lifestyle as you accumulate more benefits. Be sure to pick a card that mirrors your lifestyle and needs, and you’ll have some amazing perks coming your way.
- The nation turns its eyes to Monday for Budget 2021 - January 31, 2021
- World, meet Synth: Open-sourcing our Neumorphic UI framework - January 18, 2021
- 10 Best Credit Cards In India For Dining - December 24, 2020