Whenever a person applies for a credit card, the factors on which the credit card is chosen includes the annual fee of the credit card and the rewards program that come with it. Holding a credit card has its own advantages such as insurance protection against damage to rental car, air miles, extended warranty on items bought for a large sum of money and policies that encourage price protection. These are the more common known benefits of credit card usage but there are some credit cards that offer special benefits to its card holders that you would not even know of.
Below is a list of Credit Cards in India that has been compiled on the basis of benefits that they offer in 2018:
The Standard Chartered Platinum Rewards Card has zero annual fees or joining fee. This credit card is generally approved for salaried people and can be upgraded later to the Manhattan credit card. Some of the unique benefits of holding the Standard Chartered Platinum Rewards Credit card are:
The ICICI Instant Platinum credit card can be obtained by any person who has a savings account with the bank. The card has no annual fee for the card. To get an ICICI Instant Platinum Card, log on to the net banking website and apply for it. This card is ideal for people who do not earn income such as students and housewives. The credit limit offered by the bank depends on the money in your fixed deposit account. The unique benefits that this card offers are:
A Standard Chartered Manhattan credit card holder can save a lot of money through cashbacks and reward points. The card has an yearly fee of Rs.999 but it can be waived off. Some of the unique advantages of owning this card are:
If you love to shop online then SBI Simply Click Credit Card is for you. The annual fees on the card is Rs. 499 but is waived off if the card holder transacts for a sum more than Rs. 1 Lakh in a year. To get approval for the SBI Simply Click credit card, you need to have a salaried account in the bank. Some of the key benefits of the credit card are:
The Citibank credit card is suitable for people who watch a lot of movies and pay all their bills online. Although the application process is tedious, the benefits offered by the bank are:
The American Express Gold credit card is one of the most sought out credit cards there is. Some of the benefits that it makes such an attractive credit card to have are:
If you are thinking of taking a credit card, you can do so based on the type of purchases you will make with it, the annual fee that you will have to pay for holding it and the type of rewards you get on the transactions you make. One such platform to compare all the credit cards mentioned above and more is the BankBazaar App. It is a simple and uncomplicated platform that allows the user to select a credit card that is best suited for him or her individually. The user simply has to enter their financial details and the app will suggest the most suitable credit card that they can apply for.
Every salaried individual at a point in his or her lifetime will apply for a credit card. While applying, you should thoroughly go through all the features of the card as it can either save you a good amount of money or make you lose it.