Top 6 Free Credit Cards (No Annual Fee Credit Cards) In India 2021
My friends, most of you are paying annual fees for your credit cards. These cards have fine fees in various cases. And you can easily find credit cards with annual fees for various cases. But finding no annual fee credit cards in India is possible in only 3 cases. Now, what are the cases in which we can choose free credit cards in India? Let’s discuss.
1. Find Lifetime free credit cards in India. Han! There are just a few Credit Cards in India that are Free for your whole life.
2. Find credit cards that offer a gift for the welcome, either equal to or more than the sign-in charges, so then indirectly net fee becomes zero. But, this type of credit card is rare in India.
3. Some credit cards have options of an annual fee waiver if you spend a certain amount.
If you are a rich one, then the annual credit card fee is not a big topic for you, but if you are a man who can make an effort to save every single bug that can be saved. Then a free credit card is an opportunity for you.
From advanced research, from my experience, and by comparison of credit cards in India, I have got these 6 best credit cards in India with no annual fee.
Top 6 free credit cards in India
Here is the list of some best free credit cards in India. These all are not free, some are
1. ICICI Instant Platinum Card
2. ICICI Amazon Pay Credit Card
3. Standard Chartered Platinum Rewards Card
4. HSBC Visa Platinum Card
5. HDFC Moneybank Card
6. Axis Insta Easy Credit Card
These all are not free, some are. And the rest can be free in certain cases like shopping up to a given price or by welcome gift cards on sign-up.
Do not worry I have categorized these below so that you can easily see which credit card is directly free and which one can be free.
If you want to save your credit card’s annual fee then all you need to do is, stay connected…
Best Credit Cards which are Lifetime Free
This list contains the four best credit cards with no annual fee. These are not directly free but can be in certain cases and also I have written other factors that will help you to do a perfect comparison of credit cards.
Also, you should check the details of these credit cards on their official website, maybe they have changed some offers, as you will read this after a few days.
#1 ICICI Instant Platinum Card
This lifetime free credit card is offered by ICICI bank and is a beginner level card.
If you are a movie lower than this suits you as you get a 25% discount on buying a minimum of two tickets with the bookmyshow.com site up to two times in a month.
This card gives 2 payback points on every 100 Rs spent.
And I payback points if you spent a minimum of 100 Rs on insurance and utilities.
If you are a new credit card applicant then this suits you.
#2 ICICI Amazon Pay Credit Card
This is among the best no annual fee credit cards in India for Amazon shoppers.
If you are a prime member then you can save up to 5% on every single shopping.
For non-prime members, there is a cashback of 3% as the balance of amazon pay.
The bad thing about this is that you can only apply for this if you get an invitation inside your Amazon app. And you will be invited only if you have an ICICI credit card. So to get an invitation, add your ICICI credit card with your Amazon account.
On a transaction of more than 3000, the cashback has no limit.
Use this as the preferred payment method to get 2% cashback.
On all other payments, give 1% cashback.
#3 Standard Chartered Platinum Rewards Card
If you are finding any no annual fee credit cards in India, and you are a beginner, then this free credit card is the best option for you.
If you are a salaried guy then your chances of approval increase. And if your salary is more than 25,000Rs then your chances of approval increase more.
This card is indirectly free as it takes a Rs 250 annual fee, but on your first spend in a restaurant, you will get a cashback of up to 500 Rs.
Or if you spend Rs 60,000 a year, your annual fee will be waived out.
On a transaction within 60 days, you get 1000 reward points in addition.
And if you sign up for net banking you get a bonus of 500 points.
Spend 150 on fuel and get 5 points, Spend 150 for dine and get another 5 points. For another category of spending, you get 1 point.
You will get Offers and discounts from Ola, Uber, yatra.
#4 HSBC Visa Platinum Card
This lifetime free credit card is good for regular spending, dining, free movie tickets, etc basic uses.
But this is not good in comparison to credit cards given above and below. It is attractive but its exchange rewards are too weak.
In the first year, you get 3X rewards on telecom and hotels.
On every spending of 150 Rs, you get a reward of two points.
After spending 4 lakh in a year, you will get 5X rewards.
Best No Annual Fee Credit Cards In India
In this category, we have two free credit cards. These are lifetime free credit cards but only in certain cases.
#5 HDFC Moneyback Credit Card
This is another basic credit card, and it is for the customers of the bank. To the customers of the bank, this credit card is lifetime free, but its annual fee for others is 500 Rs.
On every 150 Rs of spending, you get rewards of 2 points.
On every 150 Rs of annual spending, you get rewards of 4 points.
This is an interest-free credit card for the first 50 days.
#6 Axis Insta Easy Credit Card
This is another lifetime free credit card. You can open this credit card If you are an Axis bank holder.
On the transactions of 400 Rs- 4000 Rs for fuel, 1% of your fuel surcharge will be waived off.
Up to its credit limit, you can withdraw the amount in cash.
The End…
