Rewards credit cards offer attractive incentives like cash back, travel points, and other rewards when you spend money on the card. But with so many attractive options, how do you choose one? Depending on your spending habits, the best rewards credit card can be a no-fee card with fixed points for everyday purchases or one that takes a fee in exchange for high rewards in specific categories.
We have taken the guesswork out of choosing a rewards credit card with a curated list selected by experts as the best card. If you are looking for luxury tourism facilities or spend smarter every day, there’s a card for you in our list. Read on for everything you need to know about the benefits, costs, and the latest special offers that period may soon be eliminated.
Read Also- What is a Rewards Credit Cards
Best Rewards Credit Cards In India for 2021
#1. HSBC Smart Value Credit Card
10% cashback you earn money-saving from this card provides Taking their hard benefits. 3X reward points and special BookMyShow quick and Cleartrip HSBC will enhance your experience of using a Smart Money credit card.
Joining Fee: Nil
Renewal Fee: Rs.499. Waived off if the sum of all the spends in the previous year is Rs.50,000 or more.
Introductory offers:
- Voucher worth Rs.200 from BookMyShow within 60 days of the issuance of the card.
- Subscription to Gaana+ for 3 months within 60 days of the issuance of the card.
Features and benefits:
- Cleartrip and vouchers worth 250 to 2,000 vouchers from Amazon within 30 days of card issuance.
- On 5 transactions with a minimum total price within 60 days of issuing 5,000 cards, you get 10% cashback.
- Within 90 days of issuing the purchase card at an attractive interest rate of 10.99% per annum EMI.
- 3X reward points on online, telecom and dining spends.
| Regular reward points | 1 reward point for every Rs.100 spent on any category |
| Accelerated reward points | 3X reward points for telecom, dining, and hotel spends |
| Redemption options | Vouchers and gifts listed on the HSBC rewards catalog. |
#2. YES Prosperity Reward Plus Credit Card
With the Yes Prosperity Reward Plus credit card, you have the best option for people who are able to earn reward points at popular and diverse categories such as international transactions, shopping, food, etc. for premium protection on your credit card Is one.
Joining Fee: NIL (limited time offer)
Renewal Fee: NIL (limited time offer)
Joining Bonus: On spending Rs.5,000 within 30 days of the card issuance, you earn 1,250 reward points.
Features and benefits:
- Birthday spend points instant reward on the international situation and e-commerce transactions.
- Attractive offers on categories such as food, wellness, shopping, etc.
- The primary cardholder’s coverage in the unfortunate event of accidental death.
- India 5,000 anywhere 400 fuel rebate surcharge on fuel transactions.
| Regular reward points | 2 reward points for every Rs.100 spent across all retail categories |
| Accelerated reward points | 3 reward points for every Rs.100 spent on dining and online categories 4 reward points for every Rs.100 on international purchases. 5 reward points for every Rs.100 on birthday spend. 500 reward points for each YES PayNow registration. |
| Redemption options | JPMiles (4RP = 1 JPMile) An exclusive list of products. |
| Milestone rewards | 12,000 bonus reward points on yearly spending of a minimum of Rs.3.6 lakh. 100 RP on doing 4 transactions of at least Rs.500 each in a month. |
#3. HDFC Freedom Credit Card
While HDFC Freedom’s credit card offers unmatched reward points and gift vouchers. You can also free accidental death insurance, get fire and theft protection, etc.
Joining fee: Rs.500
Renewal fee: Rs.500. Waived off if the total spending in the previous year is over Rs.60,000.
Features & benefits:
- Accelerated reward points on retail, HDFC SmartBUY, PayZapp, and birthday spends.
- Gift vouchers worth Rs.1,000 on yearly spends of at least Rs.90,000.
- Accidental insurance of up to 50 lakh.
| Regular reward points | 1 reward point for every Rs.150 spent |
| Accelerated reward points | 5X RP for popular lifestyle spends; 10X RP for HDFC PayZapp and SmartBUY spends; 25X RP for birthday spends |
| Redemption options | Cashback and gifts from the HDFC rewards catalog. |
| Milestone rewards | Gift vouchers worth Rs.1,000 on yearly spends of at least Rs.90,000. |
#4. Standard Chartered Platinum Rewards credit card
It comes with a host of dining, shopping, travel, etc. Offered in popular categories such as with a great reward points program or discount. In addition, there are other regular advantages of the Standard Chartered Platinum Rewards Credit Card.
Joining Fee: Rs.250
Renewal Fee: Rs.250 (2nd year onwards)
Features and benefits:
- Up to 5X reward points on lifestyle spends.
- Contactless facility for safer and faster payments at merchant points.
- Attractive deals on popular categories through the Standard Chartered Good Life program.
- Convert the entire balance of up to Rs.5 lakh to EMI with zero processing fee.
- Convert any transaction of over Rs.5,000 to EMI.
| Regular reward points | 1 reward point for every Rs.150 on retail spends. |
| Accelerated reward points | 5 RP for every Rs.150 spent on fuel and dining. |
| Redemption options | RP can be used for e-vouchers and gifts from the Standard Chartered catalog. |
#5. ICICI Coral American Express Credit Card
Airports and railway lounge, and ICICI Coral offers free movie tickets with American Express credit cards as enjoy other privileges points return in bulk
Joining Fee: Rs.500
Renewal Fee: Rs.500 (2nd year onwards)
Features and benefits:
- More than 2,500 participating restaurants 15% discount on in India.
- From ‘Buy 1 Free 1 may offer per month’ BookMyShow 2 complimentary movie tickets through.
- India Airport and complimentary access to participating lounges domestic railways.
- 2X spends online reward points.
- HPCL is 1% fuel surcharge waiver pump for fuel transactions.
| Regular reward points | 1 payback point on every Rs.100 spent on insurance and utilities. |
| Accelerated reward points | 2 payback points on every Rs.100 on retail purchases. 4 payback points on every Rs.100 spent on online transactions. |
| Redemption options | Movie tickets, travel vouchers, lifestyle products, appliances, mobiles, and appliances. |
| Milestone rewards | 2,000 payback points on yearly spending of Rs.2 lakh. 1,000 payback points on yearly spending of Rs.1 lakh. |
FAQ-
Ans- In India, credit cards are a lot coming with no annual fee. To name just a few, you have IndusInd Pioneer Heritage, HSBC Visa Platinum, and Citibank Credit Card Rewards.
Ans- No credit card is a limit offered by various banks that offer many advantages over charges of being a minor involved here and. Some of the credit card bank money back credit card, ICICI Bank are Platinum credit card, etc.
Ans- There are many credit cards that offer recreational benefits of various kinds. However, there is a fixed set of cards that are completely entertainment-oriented. When it comes with some features in other categories as well as the entertainment they provide the best benefits.