Lifestyle Credit Cards India

Lifestyle credit cards are one of the most popularly procured credit cards in India. As the name suggests, the cards work to enhance the cardholder’s lifestyle choices with respect to food, dining, shopping, and so on. Lifestyle credit cards offer a number of perks that match the lifestyle requirements of the consumers.

Benefits Of Lifestyle Credit Cards

If you’re looking for a credit card that provides whole lot of benefits covering major areas of your life, then you should ideally go for a lifestyle credit card. With changing lifestyles and preferences, credit card issuers are adding more and more privileges to offer credit cards with comprehensive lifestyle benefits.

A detailed look at the kind of benefits offered by lifestyle credit cards would help you understand the cards better.

Travel savings: With travel becoming an essential part of modern day life, a lifestyle credit card would certainly include a benefit related to travel. It could be in the form of offering complimentary air miles, discounts on air tickets booking, hotel booking, membership to frequent flyer programmes, etc. You will also be allowed to redeem reward points for plane tickets, hotel bookings, etc.

Dining privileges: Dining out has become an integral part of our lifestyle. People will be eagerly waiting for the weekends to explore new dining destinations every week. To provide exclusive benefit to all such foodies, lifestyle credit cards would certainly offer privileges on dining spends including discounts at partner restaurants across India, cashback at certain restaurants, complimentary dishes, chance to become a chef and lot more.

Airport lounge access: As part of the travel benefit, lifestyle credit cards also offer complimentary access to airport lounges at both domestic and international airports located across India. Cardholders can also get complimentary membership to various priority pass programmes that in turn provide exclusive lounge visits, benefits to add-on cardholders.

Health and wellness benefits: As health and wellness play a key role in our day-to-day life, a few lifestyle credit cards do provide related benefits by partnering with healthcare and wellness professionals.

Concierge services: Vacation in a foreign land is not as easy as it is in our own country. Unless, everything is booked and planned, we cannot make memories out of the trip. With lifestyle credit cards offering exclusive concierge services, all your booking needs will be taken care, while you enjoy your vacation. Some of the services included in concierge service are dining referral and reservation, gift delivery assistance, car rental referral and assistance, hotel referral and booking assistance, and other business services.

Savings on fuel spends: One compulsory expense most of us have on a weekly basis is fuel purchase. Due to the fuel surcharge levied on card transactions, many of us tend to make payments in cash. With lifestyle credit cards, we can avoid paying the surcharge, as it is being waived by most of the credit cards when used to make fuel transactions.

Movie ticket offers: After travel, entertainment plays an important part to make us feel refreshed. To cover this aspect, lifestyle credit cards offer various discounts on movie tickets and other entertainment programmes. It could be a buy one, get one movie ticket or a special discount on ticket price, cardholders can plan their weekend movie at much lesser price.

Insurance cover: One interesting aspect of lifestyle credit cards is the comprehensive insurance protection. Most cards offer coverage for air accidental death, emergency hospitalisation abroad, loss of card, loss of travel documents, loss of check-in baggage, etc.

Top Lifestyle Credit Cards

Kotak Bank PVR Platinum Credit Card

The Kotak PVR Platinum credit card is meant for all movie buffs and those who live for the extravaganza that movies provide. When customers pay for their purchases through their Kotak PVR Platinum credit card, they can avail upto 2 PVR movie tickets every month, for free. When they spend over Rs.7,500 per month, they will receive Coupon Codes that can redeemed for free PVR movie tickets that can used for any show, across every cinema.

Features of Kotak Bank PVR Platinum Credit Card

• Cardholders can avail 2 PVR movie tickets at no additional cost every month if they spend Rs.7,500 or over, during a monthly billing cycle.
• Customers can shop in outlets across the country using their PVR Kotak Credit Card and procure complimentary movie tickets from PVR. This offer is available throughout the year.
• The Kotak Bank add-on card will have every feature of the principal card and the principal cardholder can set the limit on his/her credit add-on card.
• Customers can enjoy the PVR Shield free insurance cover which will protect cardholders in case of loss or theft of their card or if unauthorized transactions are made. The amount that is insured is Rs.75,000 per year on both primary as well as supplementary cards.

HDFC Bank Regalia First Credit Card

One of HDFC’s unique credit card offerings, the HDFC Regalia First credit card offers a plethora of exciting benefits and privileges.

Features of the HDFC Bank Regalia First Credit Card

• Cardholders can procure access to over 850 airport lounges across the world at no additional cost. At these lounges, customers can avail facilities such as phone, internet, fax and even conference rooms. In case the customer is a principal cardholder, they can avail four accesses every year to the priority pass airport lounge at no additional cost.

Axis Bank Privilege Credit Card

This premium credit card by Axis Bank provides customers with a number of travel related benefits along with loyalty privileges that have been accorded to cardholders. Air miles, lounge access at airports and other exclusive offers on fuel and entertainment can also be availed in Axis Bank Privilege Credit Card

Features of Axis Bank Privilege Credit Card

• Travel vouchers worth Rs.5000 can be availed as a Welcome gift when customers enroll as privilege cardholder. These vouchers can be redeemed on Yatra.com wherein flight tickets can be booked for both domestic as well as international trips along with bs tickets. Holidays and hotels can also be booked.
• In order to procure this gift, customers will have to swipe the privilege card thrice within a period of 2 months from receiving it. Vouchers will be added to the cardholder’s account as 2 vouchers, both worth Rs.2,500. These vouchers will be valid for a period of 4 months from the day they receive it.

HDFC Bank Diners Club Black Credit Card

A credit card with one of the best Reward programs, HDFC Bank Diners Club Black credit card offers a number of benefits regarding dining, travel and golf. This lifestyle credit card comes with a plethora of benefits and features.

Features of the HDFC Bank Diners Club Black credit card

• Customers can apply for an insurance protection through thesen HDFC Bank Diners Club credit card to avail air accident coverage that is worth Rs.2 crore, emergency medical expense coverage that is worth upto Rs.50 lakhs, credit liability coverage that is worth Rs.9 lakhs and travel insurance coverage that is worth up to Rs.55,000 in case of delay of baggage.

Eligibility For Lifestyle Credit Cards

The eligibility for lifestyle credit cards is different for different cards. Hence, it is recommended to check the bank’s website to know the eligibility criteria specific to the bank and the credit card.

Documents Required To Apply For A Lifestyle Credit Card

Some basic documents required to apply for a lifestyle credit card are provided below. However, banks may request for some other documents based on the card type.

• Copy of identity proof such as Aadhaar card, passport, Voter’s ID etc.
• Copy of address proof document such as Voter’s ID, Aadhaar, driving licence, electricity bill, passport, etc., whichever holds your current address
• PAN card copy
• Two months salary slips or IT Returns
• Duly signed in application
• 1 passport size photograph

How to Apply for Lifestyle Credit Cards Online?

Applying for a lifestyle credit card is simple and easy with the online application process. Once you have selected the credit card that matches your lifestyle requirements, you can visit the bank’s website, go to the lifestyle credit card page and find the ‘Apply’ option to submit an online application.

Once the bank receives the application, it reviews the same and if your profile matches the eligibility, you will receive a call in 3-4 working days. The further application process will be informed to you. Banks typically take 7-10 days to process a credit card, provided the applicant clears all the verification checks.

FAQs on Lifestyle Credit Cards India

1. What kind of benefits do I receive with a lifestyle credit card?

   With a lifestyle credit card, you can receive a wide range of benefits across various categories which can include access to privileges not available to everyone, golf course access, complimentary benefits across other categories, etc.

2. How can I apply for the best lifestyle credit card available in India?

   It is important that you research adequately before choosing a lifestyle credit card. All banks offer lifestyle credit cards and it is essential that you understand your spending habits and then choose a credit card. You can apply for a lifestyle credit card on BankBazaar or directly through the bank’s website.

3. What is the concierge program under lifestyle benefits?

   With some credit cards, a complimentary concierge program is alloted as a benefit where you will have 24/7 access to a concierge who will assist you at any time. Concierge services help you in booking flight tickets, hotel reservations, restaurant reservations, etc.

4. Can I apply for a lifestyle credit card with a low credit score?

   It is advised that you maintain a credit score of 750 and above to apply for a lifestyle credit card. Having a higher score enables you to receive additional benefits from the bank including faster application approvals.