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Best Rewards Credit Card 2018 in India

  • 02 Aug, 2018
  • |
  • Team Credit Karo

Best Rewards Credit Card 2018 in India

 

Credit Cards have become very important in our day to day lives these days. They are more accessible compared to before and we can apply online for them. The only question that remains is which card to apply for and which is the best card suited for us.

We have divided credit cards into different categories namely Rewards, Cashback, Fuel, Travel and Shopping which makes it easier to shortlist the card you want.

Credit Cards focused on Reward Points are really popular these days as they provide users with reward points with every purchase which they can use further for doing more purchases of their choice from thousands of options. The more you spend, the more you can earn is the motto for Rewards Credit Cards. However, it is very important to set limits on your spending, be regular with your payments and never ever forget to read the fine print.

For those who want a card more focused on Reward Points, don’t look any further. We have created a list of best Rewards Credit Cards with extensive research and personal experience.

 

Top 8 Rewards Credit Cards 2018 in India are:

  1. Citibank Rewards Credit Card
  2. American Express Gold Card
  3. Standard Chartered Platinum Rewards Credit Card
  4. SBI SimplyCLICK Credit Card
  5. American Express Membership Reward Card
  6. RBL Bank Platinum Maxima Credit Card
  7. Standard Chartered Manhattan Platinum Credit Card
  8. HDFC Bank Titanium Times Card

 

Before delving any further details on Rewards Credit Cards, we would emphasize on the fact that the most important criteria for getting a Credit Card is your Credit Score. Credit Score ranges between 300 to 900 – the higher the better and a score above 750 is considered a good score and banks would approve the loan if you have a score above 750. You can check your Credit Score before applying for a loan by clicking here

 

Check your Credit Score

 

Now that Credit Score is covered, let’s look at each of the cards and understand what Rewards they offer and what are their best features.

 

Citibank Rewards Credit Card

Citibank Rewards Credit Card is one of the best Rewards Card available in India. It comes without a joining fee and has an annual fee of INR 1000 which can be waived off if you spend more than INR 30000 during the year.  

Joining Fee:                        0

Annual Fee:                        1000*

Income Eligibility:             6 lac per annum onwards

Key benefits:

  • You can earn 10 Reward points for every INR 125 spent on Apparel & Department stores
  • Earn 1 Point for every INR 125 on all other purchases
  • These Reward points come with a lifetime validity which you can use while shopping at over 700 outlets and online shopping sites.
  • You can also earn up to 2500 Rewards Points after card activation – 1500 points upon first spend made within 30 days of card issue & additional 1000 points upon first spend of INR 1000 within 60 days of the card being used.

 

 

American Express Gold Card

American Express Gold Card has an income eligibility of INR 50000 per month. This is a very good card if you are a frequent shopper.

Joining Fee:                        1000

Annual Fee:                        4500

Income Eligibility:             6 lac per annum onwards

Key benefits: 

  • With this card, you get 4000 Bonus Membership Reward points as welcome gift
  • You also earn 1 membership reward point for every INR 50 spent except on Insurance, Fuel, Cash and utilities.
  • You will also get 1000 Membership Reward points on completing 6 transactions of INR 1000 with your card.
  • Cardholders also get 5000 Membership Reward Points on Annual Renewal of card.  

 

 

Standard Chartered Platinum Rewards Credit Card

With Standard Chartered Platinum Rewards Credit Card, cardholders get a variety of Reward points options with no monthly cap.

Joining Fee:                        0

Annual Fee:                        750

Income Eligibility:             6 lac per annum onwards

Key benefits:

  • Customers get 5 Reward points for dining and fuel for every INR 150 spent
  • Earn 1 Reward point for every 150 spent on everything else.
  • These Reward points can be used to avail a host of offers and discounts across shopping, dining and travel.
  • Another major feature of this card is 20% cashback on UBER rides which is a major plus point for frequent cab users

 

 

SBI SimplyCLICK Credit Card

SBI SimplyCLICK Credit Card is a good Rewards category Credit Card from State Bank of India. This card is a widely accepted card and can be used at 24 million outlets across the world.

Joining Fee:                        499

Annual Fee:                        499

Income Eligibility:             6 lac per annum onwards

Key benefits:

  • You get 10X Reward points on online spends with exclusive partners
  • 5X Reward points on all other online spends.
  • Some other offers that can be availed with this card are Amazon Gift card worth INR 500 upon joining, 100 cashback instantly on first movie ticket booked on BookMyShow
  • INR 600 off on booking Zoomcar for an amount of INR 2500.

 

 

American Express Membership Reward Card

American Express Membership Reward Card comes with 4000 Reward Points upon joining.

Joining Fee:                        1000     

Annual Fee:                        4500

Income Eligibility:             INR 50000 pm onwards

Key benefits:

  • With this card, you can earn 1000 Reward points on four transactions in a month.
  • In addition to this, customers will earn 1 Membership Reward Point on every INR 50 spent except for Fuel, Insurance, Utilities and Cash transactions.
  • This card is equipped with contactless payments
  • Get exciting offers on Makemytrip bookings

 

 

RBL Bank Platinum Maxima Credit Card

This is another good Rewards Card from the kitty of RBL Bank

Joining Fee:                        2000

Annual Fee:                        2000

Income Eligibility:             6 lac per annum onwards

Key benefits:

  • You get 8000 Reward Points as welcome gift with this Card
  • And an additional whooping 20000 Bonus Points on spending more than 3.5 lacs in a year
  • This card enables customers to earn 10 Reward Points for every INR 100 spent on dining, entertainment, fuel, utlilities and international spends
  • For every other purchase, they get 2 Reward Points
  • Customers also get 2 free access at all major domestic airport lounges in India
  • In addition to this, one free movie ticket worth INR 200 from Bookmyshow is provided every month

Although the charges for this card are on higher side with Joining Fee and Annual Fee being INR 2000, the benefits and Reward Points make it worth buying this card. 

 

 

Standard Chartered Manhattan Platinum Credit Card

With a Joining Fee of 499 and Annual Fee of 999, this card is a good steal as if offers innumerable offers and discounts across shopping, travel and dining.

Joining Fee:                        499

Annual Fee:                        999

Income Eligibility:             8 lac per annum onwards

Key benefits:

  • Standard Chartered Manhattan Platinum Credit Card provides customers with 5% cashback at Supermarkets
  • Users get 3X Reward points for all other spends
  • You also get Bookmyshow vouchers worth INR 2000 upon activation

 

 

HDFC Bank Titanium Times Card

If you are a foodie and love to eat out, this is the perfect card for you.

Joining Fee:                        500

Annual Fee:                        500

Income Eligibility:             8 lac per annum onwards

Key benefits:

  • With this card, customers earn 5 Reward points for every INR 150 spent on Dining on weekdays
  • For every other purchase or spend, 2 Reward points are earned.
  • In addition to this, cardholders will get 25% Off on movie ticket bookings and up to 15% off on participating Dining outlets

 

Get your own Rewards Credit Card now and enjoy a host of offers, discounts and Rewards on all your spends!!

 

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