Apply for a wide range of Credit Cards on BankBazaar starting at 0 annual fees, offering many benefits such as shopping rewards, cashback, & discounts.
Apply for a credit card by comparing the best credit cards online. You can find credit cards offered by Top banks along with their features, benefits, fees, and latest offers, everything at a single place.
Since there are many categories of credit cards, it may be difficult to choose the best credit card for you. Here is a list of the top 10 credit cards and is based on the different categories they fall under.
Many banks offer a welcome gift to new credit card applicants once the card is issued to them in the form of bonus reward points, vouchers, discounts, etc.
Rewards Program
All credit cards generally have a reward program, which allows cardholders to earn reward points on every transaction they make using their cards.
Fuel Surcharge Waiver
Banks offer a fuel surcharge waiver to the cardholders on spending a specific amount of money on fuel every month.
Cashback Benefits
Many credit cards offer cashback benefits to the customers.
Lifestyle Benefits
Cardholders can enjoy various lifestyle benefits on their credit cards such as offers on dining, shopping, wellness, entertainment, etc.
Travel Benefits
Travel benefits of credit cards include air miles, airport lounge access, travel insurance, airline offers, hotel offers, etc.
Airport Lounge Access
Some credit cards offer complimentary airport lounge access to the cardholders. The offer varies from one bank to another.
Some premier cards provide a comprehensive insurance policy that provides coverage against air accident, life, lost baggage, lost card, outstanding, etc.
Balance Transfer
Credit cardholders can transfer the outstanding balance of their existing cards issued by one bank to the credit card account of another bank.
Global Acceptance
Today, most credit cards that are issued in India are international credit cards and are accepted by various merchants all over the world.
EMI Conversion
The feature allows the credit card members to convert their credit card transactions into easy monthly installments (EMI).
Credit Score
Owning a credit card helps you build a healthy CIBIL score. By making timely payments on your card and in full, you receive a positive credit score from credit bureau, CIBIL.
Your spending pattern: Your monthly spending pattern is a significant factor in choosing the right credit card.
The reward type: Credit cards offer rewards in terms of cashback, rewards points & air miles.
Fees and charges: Compare the interest rate on different cards and the fees and charges that apply.
Offers on the card: Some cards have great offers and discounts when you use them to shop on a particular website or when you use it in a specific store.
Welcome bonus or gift: Some banks offer welcome gifts and joining bonuses on applying for a credit card. Gifts could be the latest gadget or bonus points and miles.
Payment options: Most cards will allow you to make payments via multiple channels.
How to Apply for a Credit Card?
You can apply for a credit card, both online and offline. Due to the COVID-19 pandemic, the credit card application process has been digitized, making it simpler and faster.
The Process to Apply for a Credit Card Online
You can Compare & Apply for a Credit Card on BankBazaar by Following 4 Simple Steps:
Step 1: Compare credit card offers
Step 2: Select from the top cards offered by leading Indian banks
Step 3: Check your eligibility by entering a few personal details
Step 4: Enjoy instant approval online after filling out your application form
Alternately, you can also apply for a card online on the bank’s website by following these steps:
Step 1: Visit the bank's website.
Step 2: Explore the cards offered by the bank.
Step 3: Use the comparison tool if available to compare their features and benefits
Step 4: Select the card that is the right one for you and hit the 'Apply' button.
Step 5: Fill in the required details and upload all necessary documents.
Step 6: Submit your form.
Note: Each bank may have a different application procedure. Visit the bank's website for more details regarding how to apply for their card online.
Benefits of Applying for Credit Card on Bankbazaar
BankBazaar offers an end-to-end application process, wherein you can browse through most of the credit cards offered by various banks, compare and apply for the best credit card in just a few clicks.
Let's look at the perks that we offer for applying for a credit card through us.
Compare from a range of many credit cards.
A simple application process.
24x7 Customer Support.
Different Types of Credit Cards Offered by Bankbazaar
Shopping Credit Cards are typically affordable with an annual fee starting from Rs. 500. The benefits offered on the cards including the welcome gifts, reward points, deals and discounts, etc., revolve round the shopping category.
Lifestyle Credit Cards typically come with a high annual fee and joining fee, which of course, is worth spending for the privileges offered by the cards. Some cards also have low or no annual fee and are designed for low-income group individuals.
Fuel Credit Cards provide accelerated reward points on fuel spends, fuel surcharge waiver facility, reward points redemption against fuel purchases, and other value back benefits, enabling users to keep fuel costs under check.
Rewards Credit Cards offer accelerated rewards on most of the spending categories. Credit card issuers provide a wide variety of redemption options ranging from gifts to air miles to cashback.
Mostly providing air travel benefits, Travel Credit Cards are best suited for frequent travellers. The features and services offered on the cards revolve around air travel.
Always keep a check on the breakdown of all your contactless payments. This way, you can keep track of all your transactions and escalate any unusual activity.
If you need to initiate the payment on your own, make sure to hold the credit card flat on the payment area or the terminal.
Try to keep your contactless credit card in your wallet at all times. Most contactless credit cards do not require you to remove it from the wallet.
Things to Know Before Applying for A Credit Card
Credit Card Statement
A Credit card statement or (credit card bill) is generated every 30/31 days. The bill generation date depends on the date on which the card is first issued, and the same date will be followed for the subsequent months.
Besides the bill amount which is also called the outstanding amount on the card, the statement also provides a detailed history of all the transactions conducted during the billing period.
It also reflects the total credit limit, available credit limit, cash limit, due date, and other related information. The statement is typically mailed to the cardholder’s registered e-mail address every month. However, if the total outstanding balance is less than a certain cut-off, say Rs. 200, no statement will be generated.
In India, you cannot transfer money directly from your card to other bank accounts. However, you can always use third-party websites and apps to do the same. You can transfer money to other bank accounts using your debit card. This can be done via net banking and mobile banking.
The reward point system of credit cards allows you to earn reward points every time you spend on different purchases. The accumulated reward points can be redeemed for merchandise, air miles, gift vouchers, or cash. The reward points have an expiry date and the minimum points needed for redemption differs from one card to another.
Generally, the rejection of your application for a credit card will not directly impact your CIBIL score. Your CIBIL score is largely affected by default in payments and an unstable income source. You can always reapply for a new card once you have understood the reasons why your credit card application was rejected the first time and rectify the same. This can be done by paying off all dues.
Credit Card Fraudulent Transactions
Fraudulent credit card transactions are very common in today's world. Through credit card skimming, phishing, and vishing, your credit card information can be stolen and used without your knowledge. You need to be very alert about any suspicious email and calls that you may receive. You have to report any fraudulent credit card transactions to your bank at least within 2 days of the event from happening. A few banks also allow you to block your credit card online. Keep in mind that with the growing cases of cybercrimes, you need to be very careful as to where and to whom you give your credit card information.
Credit Card FAQs
What is a Credit Card?
Credit cards are an essential financial tool that enables its holders to make purchases and have the luxury of paying back the amount later. A credit card comes with a bank-approved credit limit, and the holder must pay back the amount due on the due date, which is mutually decided by the bank and the holder.
How do credit cards work?
A credit card gives you a line of credit and you can use this to make balance transfers, all kinds of purchases, and cash advances. You will have to pay back the amount by the date specified by the bank. When you use a credit card, you have to keep in mind the minimum payment to be made every month by the due date.
What is credit card limit?
This is the maximum amount that one can spend on their card. When you have a high limit for the credit card, it allows you to spend more and this will help your credit scores.
Can I get a credit card online?
Yes, you can apply for a credit card online, once you go to the website of your preferred bank, or you can conveniently compare options and apply for one on BankBazaar.
What is the minimum credit score for a credit card?
A credit score above 650 is ideal to be able to get a credit card.
Can I get a credit card without a job?
Even if you do not have a job and have a pretty substantial cash inflow into your account every month or so, you are eligible for a credit card.
Can I get a credit card in one day?
Yes. Due to the online application system, your credit card application could be approved in one day. However, you will not get the physical credit card in one day.
Do credit cards come with any airport lounge benefits?
Yes, a lot of credit cards come with access to domestic and international lounges at airports.
Are there any benefits of having a credit card?
Yes, most credit cards come with a reward point system, where you earn a point every time you spend a said amount of money. You can then redeem these points for vouchers, cashback, or air miles.
How can I get a credit card for the first time?
If you already have a credit history, you can check your eligibility, choose a card that suits your lifestyle needs and apply for it on Bankbazaar. If you do not have a credit history, you can opt for a secure credit card usually offered against fixed deposits.
How many credit cards should I have?
The number, one should own is not fixed. It depends on your financial ability and your spending behavior. However, ensure to manage all the cards properly.
Can I get a credit card with a bad credit score?
Credit scores above 650 are generally deemed as good for credit card approvals. Scores below 650 are usually considered poor, and approval may be subject to providing security (collateral such as fixed deposits).
Which is the best and easiest way to apply for a credit card?
The best and the easiest way to get a credit card is to apply for it on a platform like Bankbazaar. You can compare the features, benefits, fees, interest rates etc. and then choose a card that best suits your needs.
Should I pay interest on all the purchases I make using a credit card?
No, you don't have to pay interest on all the transactions. However, if you're not repaying the due amount within the stipulated time, the unpaid due would attract interest along with all the new transactions, till the due amount is repaid in full.
What does 'minimum due' mean on a credit card statement?
The minimum amount due is the minimum amount a credit cardholder needs to pay in case he/she is not able to pay the total outstanding. It is typically 5% of the total outstanding amount on the card.
Do I need to pay a processing fee for a loan against credit card?
Yes, banks do charge processing fees for loans against credit cards. However, you need to pay a very nominal amount as a processing fee.
How many days will it take for a Credit Card to be renewed?
Credit cards are automatically renewed towards the end of the expiration period. A renewed card with a new expiration date is usually a month before the existing card's expiration.
How long are Credit Cards usually valid?
Credit cards issued in India are usually valid for a period of 3 years.
Does my credit card number change when I renew?
The renewed card usually has the same number as your expired card, but the new card's CVV number is different.
Can I use my credit card in other countries?
It depends on your card type. If your credit card is accepted globally, you can use it in other countries as mentioned by your card issuer. However, a certain fee known as the foreign transaction fee will be charged for all the purchases made abroad.
If I make a late payment on my credit card, will it affect my credit score?
It depends on various factors - the number of days late, the number of instances and the amount due. Based on all this your credit card issuer would take a call about whether or not to report the same to the credit agencies.
Can a credit card be reopened once it is closed?
Yes, you can always reopen a credit card account if it is closed. How long ago you closed the credit card account will be taken into consideration by the credit card issuer. However, keep in mind that there is no guarantee that the issuer will allow you to reopen the account.
Do I have to pay the bill if I don't use my credit card?
Almost all credit card issuers will not charge you any fee if your credit card hasn't been used for months. It is unlikely that they will charge you an inactivity or dormant account fee. Inactivity fee is generally charged on deposit accounts, but this will depend on the credit card issuer.
Do I need to use my credit card every month?
You do not have to use your credit card every month, but you need to use it often to avoid the bank from labelling it as an inactive account.
What are the charges for withdrawing cash using my credit card?
Different banks will charge different fees. Typically, the charge will range from 2.5% to 3% of your transaction amount. This will be subject to a minimum amount of Rs.250 to Rs.500.
RBL Bank Q4 net dives 34% as provisions on credit cards, MFI loans rise
RBL Bank on Tuesday reported a 34% drop in its profit for March quarter to Rs.75 crore as compared to Rs.114 crore in the previous fiscal year for the same period due to possible loan losses in the retail unsecured segments. The lender's net profit for FY2020-21 rose marginally to Rs.508 crore from the previous year’s Rs.506 crore.
The bank’s total income during the January-March quarter dropped to Rs.2,611 crore from Rs.2,709 crore in the year-ago period.
RBL’s total deposits rose by 26% year on year to Rs.73,121 crore out of which the retail deposits rose 43% to Rs.27,236 crore. The shares of RBL shares rose 0.36% to close at Rs.181.75 on the BSE.
06 May 2021
Yes Bank likely to bid for Citibank's retail assets
Yes Bank, one of India’s leading private banks, will be looking at options to make a potential bid for Citibank’s retail assets in India. Including Yes Bank, many other banks and companies are looking to acquire the local operations of the bank.
According to Chief Executive, Prashant Kumar, Yes Bank will be looking to acquire Citibank’s wealth management business and credit card business which falls under the retail assets of the bank.
Citibank has a total of 35 branches serving 2.9 million customers in the country that includes 1.2 million bank accounts and 2.2 million credit card accounts. The bank had a 6% market share in the total retail credit card spends in India.
03 May 2021
Citibank exploring options to sell its India credit card business
As per a report, Citibank is exploring options to sell its retail consumer banking business in bits. It is seeking a valuation of more than Rs.4,000 crore for its credit card vertical. The New York-headquartered company's internal team and investment bankers have over the last few weeks reached out to several companies. As per sources, companies like Reliance, Paytm, and Pine Labs have been approached in this regard.
Citibank is India’s sixth largest card issuer. The higher mix of premium cards and corporate salary account cards in its portfolio make the business an interesting proposition. It needs to be mentioned here that Citi's consumer banking business comprises of credit cards, retail banking, home loans, and wealth management. It has a total of 2.9 million retail customers, 1.2 million bank accounts and nearly 2.7 million credit card holders in the country.
26 April 2021
BFSL and Mastercard launch world's first QR on card solution
In a bid to offer an easy, frictionless payment solution for cardholders, BOB Financial Solutions Limited (BFSL) and MasterCard have launched ConQR - a Mastercard QR on Card solution. The solution uses a Mastercard patented technology which enables cardholders or SMEs to accept cashless payments using their cards. It makes payments more flexible and empowers small merchants to spend and earn on the same card. Cardholders are also not required to give out personally identifiable information to receive payments. The solution also helps banks displace cash, reduce the operational costs with fewer chargebacks, and strengthen the cardholder relationship.
The ConQR credit card has a Bharat QR Code on the card face which allows the conversion of the payment instrument into an acceptance point as well by affixing a QR Code that carries the small businesses' details. ConQR will be first offered to small businesses who currently use BoB's acceptance solutions before making it available to all existing and new customers of BoB's current account.
23 April 2021
HSBC collaborates with GPay and VISA to enable secured tokenisation on its credit cards
In a bid to enable secured tokenisation on its credit cards, HSBC India has collaborated with Google Pay (GPay) and VISA. This was announced by the lender on Thursday. The new feature will enable customers who have HSBC credit cards to link their card to GPay and use it as a payment option at merchant stores and for online marketing. The feature is free but optional for the credit card users. It needs to be mentioned here tokenisation is the process of replacing a card’s sensitive information like card number, expiration date, security code with a device-specific alternate code, which is known as ‘Token’.
22 April 2021
Various banks including the State Bank of India looking to acquire Citi Bank's credit card business
Many private banks have been trying to acquire the credit card business of Citi Bank after it announced that it will be shutting down its operations in India. The bank, which was among the leaders in the credit card business in India, saw a decline in the number of its credit card users through the past years.
With Citi Bank’s client base with many high-net-worth individuals, many banks will be looking to expand their credit card business. According to sources, various foreign banks might also look to expand their business in India citing examples of DBS acquiring an Indian bank recently.
In the business, the current biggest contenders likely to acquire Citi Bank’s credit card business include the State Bank of India and HDFC Bank.
19 April 2021
Federal Bank-Fiserv credit card to be launched soon
Federal Bank’s country head for deposits, cards, and unsecured lending (retail business), Nilufer Mullanfiroze, said that the bank’s credit card in partnership with Fiserv will be launched soon. He further added that the bank plans to offer the credit card to its existing customers first. Federal Bank is the fifth largest private bank in the country with a debit card base of more than 80 lakh. Fiserv is a robust platform that manages credit cards all over the world. Nilufer Mullanfiroze said that the bank chose Fiserv after evaluating various other platforms.
16 April 2021
SBM Bank India and U GRO Capital join hands to launch a credit card for MSMEs
The lending fintech platform U GRO Capital and SBM Bank India has recently announced their partnership wherein a new product is being prepped up for launch. The new product will be a credit card christened as the ‘GRO Smart Business’ credit card which will be developed specifically for MSMEs.
The credit card will be powered by RuPay. In addition to that, it will also be powered by EnKash. The range of secured credit cards will be designed to serve the purpose of underbanked micro, small, and medium enterprises or MSMEs. To avail the card, an MSME will be required to apply for the same through the U GRO Capital borrowers and has to open a fixed deposit account with the SBM Bank India. The card is aimed at offering a holistic and innovative solution for the COVID-19 pandemic induced situation.
09 April 2021
Cred attains the status of Unicorn with a valuation of $2.2 billion
Cred has attained the status of unicorn on Tuesday after raising $215 million at a valuation of $2.2 billion in a funding round which was led by Falcon Edge Capital and their current investor Coatue Management LLP.
The company’s latest Series D round comes two months after raising $81 million at a valuation of $806 million. Various other investors such as DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, Insight Partners and Sofina who are also currently investing in Cred took part in the funding round.
07 April 2021
Additional Factor Authentication will be Required for Auto Payments from Credit Cards Starting April 1
All recurring transactions using credit cards will need additional factor authentication (AFA) from 1 April. As part of this, banks will be required to inform customers in advance about due recurring payments and the transaction can be carried out only after the customer approves it. A cardholder desirous of opting for the e-mandate facility on card shall undertake a one-time registration process with AFA validation by the issuer. The limit for auto-debit has been set at Rs.5,000. For transactions above the cut-off mark, an additional one-time password will be required. It needs to be mentioned here that Reserve Bank of India had in a circular issued on 4 December 2020 asked banks to introduce additional factor authentication by 31 March, 2021.
01 April 2021
UNI Carbon Card introduced by Union Bank in collaboration with HPCL
The Union Bank of India has launched the UNI- Carbon Card which is a co-branded card in partnership with HPCL. The UNI – Carbon Card, according to the Managing Director and CEO of Union Bank of India, is a unique card and will be on the Rupay platform to offer value to the customers.
Some of the features of the credit card include cashback and reward points along with fuel surcharge waivers. Apart from this, the card also has benefits across other categories such as entertainment, travel, shopping and lifestyle.
The card limit will be 20% of the annual income of the applicant with a minimum credit limit of Rs.50,000.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
I got RBL card offer from BAJAJ Finance. I have been using this card past 10 months which is a life time free card. The credit limit is sufficient of 55K. EMI conversion is avail and I can convert via mobile app whenever required with nominal charge. I use this card for general purpose. Based on usage I get points but not yet redeem it.
SBI credit card have offers and reward points but I have not redeem them yet, this is a domestic card, the credit limit is of 50000 which I am very much satisfied as per my need. I got my statement on time. I used this card for personal purposes.The card is very user friendly.
I am using SBI credit card for more than three months, there are some reward points and offers in the card. I used this card for online shopping, fuel surcharge and groceries.The credit limit of the card is sufficient and I like the most about the card is that it is a life time free card and very good to use.
The bank agent suggest me to take credit card from INDUSIND and I have taken it because it doesn't have any annual fee. The offer and reward points are available in the card are good. I am satisfied with the limit of the card. I used the card for general purposes. But it will be nice, if the offers and reward points will be more.
I am using INDUSIND credit card for 3 months. The card have no offers available and also there is no rewards. The only benefit is that its a life time free card and the credit limit is only for 75000 I am not that satisfied as i expected to get around 1.5 lakh. Apart from the limit over all experience is good.
I have got INDUSIND credit card few months ago and I have used it for two months now ,the credit limit of the card is Rs.70000 which is a life time free card. The bank have informed me every details about the reward points and offers but I have not got any time check it. I am satisfied with their card service.
Am having ICICI credit card for two years, I feel good and have not face any issues. The best part about the card is its a life time free card. I used to get my card statement on time. I used this card for shopping, groceries and for many other personal purposes.I am using the bank mobile app which function smooth and simple.
I have used SBI credit card for 2-3 months, but I have not got any time to check about the offers available in the card. The limit of the card is 38000 and I am satisfied because its a life time free card. I used to get my card statement on time and the net banking is also working very well.
Since it is a life time free card offer from INDUSIND so I chosen it and applied through online. I received a call on time and they have done the verification process. Hence I received the card by 7 days, the credit limit is okay for me. Its easy to use for all purposes.
CITI has provided good offers and benefits on 2 months before. So I chosen this card and applied through online. It is annual fee chargeable of 500 rupees bu there is waiver off option if I spend 30K within a year. The credit limit is 65K. There is EMI conversion avail for this card.
Was this review helpful?
110
SHIVARAJ MAHENDRAN
, coimbatore
Reviewed on Mar 21, 2020
I have used credit card from HDFC bank for 1 year which is very good and also very comfortable, its a life time free card and lots of offers are available in the card. This card was suggested to me by my colleague. Mobile banking also functions very smooth.
INDUSIND bank credit card have an credit limit of of Rs.75000, there is no offers available in the card and it also have a charges of 3000 along with GST. I hardly receive any remainder messages for my bill payment due to that some time I could not pay my bill on time. I would advise them send my bill on time before the due date.
I have been using ICICI card for more than one year. They have provided an annual fee chargeable card and waiver off option is applicable. The credit limit is okay of 50K. Since I need to do purchase about 45K on some of the month so this limit is not sufficient. I swipe the card for travel, shopping and fuel purposes. I have not opted for EMI conversion.
I have been using AXIS bank credit card for 3 years, Its a life time free card so I applied the card through bank. The agent have informed me everything about the card. I used to get offers of 10% on petrol bunk and shopping.The limit of the card is Rs.45000 and I used to pay my bill directly through bank.I am also using their net banking which is very good.
I got INDUSIND credit card from few months ago.The card have an EMI conversion. I used the card for multi purposes like shopping, online payment, ticket booking. This is annually chargeable card, I am not satisfied with the credit limit of Rs.75000 as I am expecting more than than 1 lakh.
I got a life time free card offer from INDUSIND bank hence applied through online on three months back. I received the call on time and the process was done on smooth. I got the card on exact time frame. The credit limit is sufficient and they provided good offers and benefit as well.I use this card for shopping and travel purpose.
RBL credit card is a chargeable card, I always have to go to Bajaj Finance to pay my credit card bill. I am not satisfied with the customer service which has to be improved. I used this card when ever needed for shopping, fuel surcharge and bill payment.The limit of the card is fine.
HDFC credit card is very convenience to use, I have been using the card for 4.5 months for Shopping, groceries, fuel surcharge and electricity bill payment also. I pay my credit card bill through ATM. I always get my bill on time, this card was suggested to me by the bank agent.
I used RBL card for twice only. I get message or call for EMI conversion from banker. It is a life time free card. Once all the process done I received the card by 15 days. I am holding this card past 6 months. The credit limit is sufficient of 30K. Once I tried to convert for EMI of 3 months it was done on time without any problem. It is Bajaj card.
I have been using SBI credit card for the last two months, the credit limit of the card was satisfied it was Rs.9,80,000. The bank agent came and collect my document he have informed me every detail about the card. The card have a charges of Rs.2299 in a year. I used to pay my credit card bill through bank. Am getting my card statement in softcopy but I wish the bank can send me a hard copy statement also.
100% PAPERLESS APPROVAL 
