5 Best Credit Cards in India For First Timers

A credit card is one of the most important financial inventions of modern times. It has several benefits over other modes of payments and of course, it eliminates the need for you to carry cash everywhere. However, with a plethora of credit card from multiple banks, it often becomes difficult to choose the right card. But don’t worry, we have listed 5 best credit cards for you that offer great cashbacks and discounts.

1.Standard Chartered Platinum Rewards Card:

Standard Chartered Platinum Rewards Card is one of the best credit cards in India with no annual fee. In addition to being a credit card without an annual fee, this card also offers the following benefits:

a.) If you spend Rs. 150 while dining, you earn 5 points.

b.) If you transact with the card within 60 days, you will earn 1000 reward points.

c.) If you use the card while riding in an Uber taxi, you will get 20% cashback.

d.) Whenever you spend as much as 150 rupees on fuel, you will automatically be rewarded with 5 points.

e.) A number of discounts and offers across shopping, dining, travel and more.

2. ICICI Instant Platinum Card:

The ICICI Bank Instant Platinum Credit Card is a good choice if you have a low credit score. It is the best for students, non-salaried people, and housewives. If you have a savings account with ICICI bank then getting an approval for this credit card against fixed deposit becomes very easy.

Take a look at key privileges of this card:

a.) Built-in contactless technology to make quick and secure payments at retail outlets.

b.) Get Rs. 100 discount on up to 2 movie tickets per month at bookmyshow.

c.) Minimum 15% savings on dining at over 800 restaurants courtesy of our Culinary Treats program.

d.) You get 2 PAYBACK points for every Rs 100 spent.

This card is one of the best-secured credit cards in India. Its 3 built-in platinum chips ensure its absolute security.

3. Citibank Cashback Credit Card: If you are comfortable with online shopping, then this is the best card for you. However, you are required to pay an annual fee of Rs. 500 before you own this card. Here are some of the benefits of Citibank Cashback Credit Card:

a.)Whether you pay your utility bills online or purchase movie tickets online, you will get 5% back on whatever purchase you make online.

c.) Exclusive offers and discounts on dining and shopping.

4. HDFC Bank MoneyBack Card: If you want to earn rewards while shopping, opt for this credit card. The card has gradually become the favourite of many online shoppers as it helps them to earn attractive cashbacks and points. You can avail the following benefits with HDFC Bank MoneyBack card:

a.) When you make a retail purchase of Rs. 150, you get 2 reward points.

b.) Other purchases will give you 2X reward points as well.

c.) You can cash your reward points. You can cash 100 reward points for Rs. 30.

d.) You will get 50 days of free interest on activation of the credit card.

5. SBI Simply Click Credit Card: It is best suited for people who love online shopping and also who are salaried people. It’s important to have a good credit history score if you are planning to apply for SBI Simply Click Credit Card. Take a look at key privileges of this card:

a.) You receive Rs. 500 Amazon gift card for free on joining.

b.) On an online transaction with Amazon, Cleartrip, Foodpanda, Lenskart, Bookmyshow, you get rewards points of 10X.

c.) On any other online shopping site, you earn 5X rewards points.

d.) Annual online spends of Rs 1 lakhs fetches you an e-voucher of Cleartrip for Rs 2000.

These are the 5 best credit cards in India you can choose from. You can take advantage of the benefits offered by these cards to earn some cashback while shopping or making utility payments.

A passionate finance writer loves to write about banking and loan services.