5 best Credit cards with no annual fees, top free credit cards in India

5 best Credit cards with no annual fees: Annual fee is one of the aspects that are considered while going for a credit card. It is the annual fee charged by the card provider in respect of the special benefits and rewards that the card carry. However, there are cards with no annual fee. Though they have their own advantages, many of them do not have the privileges offered in case of credit card with annual fee. Below are the popular credit cards that come with no annual fee.

best Credit cards with no annual fees

Axis Bank Insta Easy Credit Card:

With very minimal eligibility requirements anyone holding a fixed deposit of Rs 20,000 to Rs 25 lakhs or more in Axis bank can get this card can apply for this with less cumbersome documentation. Key features of this card are

  • One can get a credit limit of up to 80% of the FD’s principal value.
  • 50 days grace period on transactions made by Insta credit card
  • 5% surcharge waives off on fuel transactions between Rs 400 and Rs 4,000. The cap on this waiver is Rs. 400 per month
  • Option to convert any of your purchase of Rs 2,500 or more into EMIs.

Standard Chartered Landmark Rewards Credit Card:

This card offers many benefits on lifestyle spends. Key features of this card are:

  • 9x reward points on Landmark-affiliated stores such as Max, Lifestyle and Home Centre and 2x reward points on other categories
  • 5% cash back on your grocery shopping at SPAR stores up to a maximum of INR 500 per month and the reward redemption rate is 1 reward rate = Rs. 0.6
  • One can get vouchers worth INR 2,800 by Signing up for the Landmark Platinum Rewards credit card
  • Option to convert purchases of over Rs 5000 into EMIs to make pocket friendly outlay
  • Option to transfer the balance of any other credit card to the Inner Circle Platinum Card
  • One can avail loans of up to Rs 5 lakhs on this card

ICICI Visa Platinum Chip Credit Card:

  • 2 payback points on every Rs. 100 spent for all retail purchases except fuel. And these payback points can be redeemed anytime
  • 1% fuel surcharge waiver can be availed on fuel transactions of maximum Rs. 4,000 at HPCL pumps.
  • Minimum 15% off on dining through the Culinary Treats Program.
  • Complimentary access to select airport lounges in India.
  • 100 discount on up to 2 movie tickets per month at www.bookmyshow.com

Standard Chartered Platinum Rewards credit card:

  • One can earn 5 reward points for every INR 150 spent on dining and fuel with no monthly cap on the rewards earned
  • One would get 1 reward point for every INR 150 spent on all other categories
  • Option to convert purchases of over Rs 5000 into EMIs to make pocket friendly outlay
  • Option to transfer the balance of any other credit card to the Inner Circle Platinum Card
  • One can avail loans of up to Rs 5 lakhs on this card
  • Wide range of discounts and offers across dining, shopping, travel and more Check it out here https://www.sc.com/in/promotions/the-good-life-privileges/

HSBC Visa Platinum Credit Card:

  • 2 reward points per Rs. 150 spent. These points are valid for 3 years.
  • 5 Times (5X) Rewards on subsequent purchases made after crossing spend amount of Rs. 400,000 in a year up to a maximum of Rs. 1,000,000 in a year
  • 10% cash back on all spends during the first 90 days from the date of card issuance subject to a minimum spend of Rs.10,000 and a maximum cash back of Rs.3000 per card valid from 26 December 2017 to 31 March 2018
  • 3 Times (3X) Rewards on spends on dining, hotels and telecom spend categories for the first 12 months.
  • One can save on fuel surcharge by 2.5% or maximum Rs 250 per calendar month for transactions from Rs 400 to Rs 4000.
  • Free movie ticket voucher worth Rs.500 on spending over Rs.50,000 in a calendar month

Recommended Articles