Credit cards have become ubiquitous, with the humble piece of plastic being used for everything from buying groceries and fuel to paying for big-ticket purchases such as international vacations or appliances. Credit cards offer their owners easy credit and the chance to pay off this amount in instalments, along with the lure of offers and discounts. While there are numerous credit cards targeted at particular demographic groups and to cater to different needs, a credit card for professionals are not so common.
A few banks have launched credit cards exclusively for certain professionals and have tailored benefits and perks to suit their needs. Credit cards for doctors is one such category that is slowly emerging. With travel vouchers and a plethora of discounts, these card have been designed to provide a feature-rich credit card with the needs of doctors in mind.
The sole entrant thus far in this emerging market is the HDFC Bank Doctor’s Superia credit card. Packed with features and benefits, this card caters to travel, lifestyle as well as day-to-day needs, making it an ideal credit card for the working medical professional. Use the card for everything from shopping to dining to enjoy discounts and rewards. Redeem the rewards for exciting gifts or air miles.
The HDFC Bank Doctor’s Superia credit card offers cardholders a range of features and benefits, as mentioned below:
|Annual fee||No information|
|Renewal fee||Rs.1,000 (waived if annual card spends are over Rs.1,00,000).|
|Late payment fee||Varies, depending on the outstanding amount. The minimum fee is Rs.100 and the maximum is Rs.700.|
|Overlimit fee||2.5% of the overlimit amount (the minimum fee is Rs.500)|
The eligibility criteria for the HDFC Bank Doctor’s Superia credit card is as follows:
The State Bank of India’s credit card section – SBI Card offers a special credit card for doctors who are associated with the Indian Medical Association (IMA). The Doctor’s SBI Card is the only credit card which is associated with the IMA. The credit card offers a host of benefits along with a well-structured reward points structure.
|Type of Charge||Amount|
|Renewal fee||Rs.1,499 (waived if annual card spends are over Rs.2 lakh).|
|Late payment fee||Total due amount:
|Overlimit fee||2.5% of the overlimit amount (subject to a minimum fee of Rs.600)|
The eligibility criteria for the Doctor’s SBI Card are as follows:
The RBL Bank Doctor's SuperCard, as the name suggests is a super-card that has the ability of 4 cards in 1. The RBL Bank Doctor's SuperCard acts as a debit card, credit card, loan card, and EMI card. This co-branded credit offers a multitude of offers and benefits for cardholders.
|Type of Charge||Amount|
|Annual fee||Rs.999 plus applicable taxes|
|Renewal fee||Rs.999 plus applicable taxes (waived if annual card spends are over Rs.1 lakh).|
|Late payment fee||15% of the total due amount, subject to a minimum of Rs.50 and a maximum of Rs.1,500|
|Overlimit fee||Rs.600 plus applicable taxes|
No, the annual fee does not include GST.
The Doctor’s SBI Card (IMA) is a credit card that is associated with the Indian Medical Association (IMA). The credit card has been curated keeping in mind a doctor’s lifestyle.
You will get an interest-free period of up to 50 days using the HDFC Bank Doctor’s Superia Credit Card.
No, only the primary cardholder has to be a doctor. Ass-on credit cards will be given to family members even if they are not doctors.
When you apply for a credit card online, you need to upload documents like the proof of identity, proof of address and income documents.
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.