Welcome to WalletWalk’s guide to the best rewards credit cards in India for 2023. These cards are your opportunity to turn regular spending into a bounty of points, redeemable for a variety of exciting benefits. Whether you’re on the hunt for the best rewards card, a credit card offering the most points, or a lifetime free rewards credit card, our detailed comparison caters to your needs. We delve into rewards charges, the application process, and the unique benefits across different cards. Commence your WalletWalk journey today and let us steer you towards maximising your rewards in the Indian market.
American Express Membership Rewards Credit Card
Reward Rate: Earn 1 Membership Reward Point for every ₹50 spent except for spend on fuel, insurance, utilities, and cash transactions.
Features: Welcome gift of 4,000 Bonus Membership Rewards Points.
Fee: The annual fee for this card is ₹1,000.
Benefits: Earn 1,000 Bonus Membership Rewards Points for using your Card 4 times on transactions of ₹1,000 and above every month.
HDFC Diners Club Rewardz Credit Card
Reward Rate: Earn 3 reward points for every ₹150 spent.
Features: Enjoy airport lounge access across the globe.
Fee: The annual fee for this card is ₹1,000.
Benefits: Reward points can be redeemed for air miles, hotel stays, and more.
Citibank Rewards Credit Card
Reward Rate: Earn 1 reward point for every ₹125 spent and 10X reward points at partner stores.
Features: 2,500 points credited on card issuance.
Fee: The annual fee for this card is ₹1,000.
Benefits: Get up to 20% off at select restaurants.
SBI Card PRIME
Reward Rate: Earn 20 reward points per ₹100 spent on your birthday, standing instructions for utility bill payments.
Features: Complimentary Club Vistara Silver membership.
Fee: The annual fee for this card is ₹2,999.
Benefits: e-Gift Voucher worth ₹3,000 on annual spends of ₹3 Lakhs.
ICICI Bank Coral Credit Card
Reward Rate: Earn 2 PAYBACK points on every ₹100 spent.
Features: Complimentary Provogue tie on joining.
Fee: The annual fee for this card is ₹500.
Benefits: Complimentary domestic airport lounge access.
Axis Bank Neo Credit Card
Reward Rate: Earn 2 EDGE REWARD points on every ₹200 spent.
Features: Discounts on select brands and 10% off on movies, online shopping, and recharge.
Fee: The annual fee for this card is ₹250.
Benefits: Welcome gift voucher worth ₹200 from BookMyShow.
Kotak Royale Signature Credit Card
Reward Rate: Earn 4X reward points for every ₹150 spent on hotels, restaurants, travel agencies, airlines, and international spends.
Features: Complimentary access to airport lounges in India.
Fee: The annual fee for this card is ₹999.
Benefits: Fuel surcharge waiver across all petrol pumps in India.
IndusInd Bank Platinum Credit Card
Reward Rate: Earn 1.5 reward points for every ₹150 spent.
Features: Complimentary Priority Pass membership.
Fee: Joining fee of ₹3,000.
Benefits: Complimentary personal air accident insurance cover of ₹25 Lakhs.
HSBC Smart Value Card
Reward Rate: Earn 3X rewards on online shopping, dining, and telecom.
Features: 10% cashback on all spends during the first 90 days.
Fee: The annual fee for this card is ₹499.
Benefits: Fuel surcharge waiver at all fuel stations across India.
RBL Bank Platinum Maxima Card
Reward Rate: Earn 2 reward points for every ₹100 spent.
Features: Complimentary movie tickets worth ₹200 every month at BookMyShow.
Fee: The annual fee for this card is ₹2,000.
Benefits: 10% value back on fuel, utility, and bill payments.
Before choosing a rewards credit card, consider your spending habits to find a card that aligns best with your expenses.
Disclaimer: The information provided in this article is accurate as of July 2023. For the most accurate and current information, please visit the official websites of the respective banks.