Credit cards with rewards come with a range of features in India to accommodate a range of spending styles and habits. These cards—which range from SBI to American Express—offer valuable redemption choices and quick earning rates for a number of different spending categories. Let’s examine a few of the top credit cards with rewards in India, each designed to provide the most benefits for various categories of users.
SBI Card PRIME (Annual Fee: Rs. 2,999)
- Earn 10 reward points for every Rs. 100 spent on movies, dining, departmental stores, and groceries.
- Get 20 reward points for every 100 rupees you spend on your birthday.
- Upon enrolling, receive e-gift cards valued at Rs. 3,000 from well-known businesses as a reward.
- Get free access to the lounge for four foreign and eight domestic visits annually.
- Get bonus incentives for both annual and quarterly spending.
- 1 reward point = Rs. 0.25
- Annual fee waived off on reaching Rs. 3 lakh annual spends.
HDFC Regalia Gold Credit Card (Annual Fee: Rs. 2,500)
- Earn 20 reward points per Rs. 150 spent on select brands like Nykaa, Myntra, Marks & Spencer, and Reliance Digital.
- Get rewarded with a gift voucher worth Rs. 2,500 on joining.
- Enjoy complimentary lounge access (up to 12 visits within India and 6 visits outside India).
- Earn bonus vouchers on reaching quarterly and annual spends.
- Redeem rewards through SmartBuy program (1 RP = Rs. 0.65).
- Annual fee waived off on reaching annual spends of Rs. 4 lakh.
Axis Bank SELECT Credit Card (Annual Fee: Rs. 3,000 – Nil for Burgundy members)
- Earn 2,000 rupees worth of EDGE reward points with your first transaction within 30 days.
- Get twice as many EDGE reward points when you spend at retail establishments—ten points for every rupee spent.
- Get free admission to the lounge for a maximum of 8 domestic and 12 overseas visits.
- Get coupons and savings on a number of websites, like BigBasket, Swiggy, EazyDiner, etc.
- Earn bonus reward points on annual spends.
- Annual fee waived off on annual spends of Rs. 8 lakh.
HDFC MoneyBack+ Credit Card (Annual Fee: Rs. 500)
- Earn 10X Cash Points on online shopping with Flipkart, Amazon, BigBasket, Swiggy, and Reliance Smart SuperStore.
- Earn 5X Cash Points on EMI transactions.
- Earn Cash Points on other spending categories (1 Cash Point = Rs. 0.25).
- Get rewarded with gift vouchers on reaching quarterly spends.
- Enjoy discounts on partner restaurants via Swiggy Dineout.
- Annual fee waived off on reaching annual spends of Rs. 50,000.
American Express SmartEarn™ Credit Card (Annual Fee: Rs. 495)
- Earn bonus points on popular spending categories like Zomato, Flipkart, Myntra, Amazon, etc. (up to 500 points per month on select categories).
- Earn 1 Membership Rewards® Point per Rs. 50 spent on other categories.
- Get cashback vouchers on reaching annual spends.
- Annual fee waived off on spending Rs. 40,000 and above in the previous year.
- 0% convenience fee on fuel transactions below Rs. 5,000 at HPCL stations.
As of April 16, 2024, all card information is obtained from the card issuer’s website. Please visit the relevant bank’s website or get in touch with them directly for the most recent changes.