There are many factors to consider when choosing the best credit card in India. The most important factor is probably the interest rate. Other factors include annual fees, late payment fees, and rewards programs. Additionally, it is important to consider which bank issuer the card is from. Some banks are more reputable than others. The best credit card in India for someone who is looking for a low interest rate is probably the SBI Card Prime. This card has an interest rate of just 8.49% per annum. There is no annual fee for this card, and the late payment fee is just Rs. 100. This card also offers a rewards program. For someone who is looking for a card with no annual fee, the best option is probably the Axis Bank My Zone Credit Card. This card has no annual fee and offers a rewards program. The interest rate on this card is 15.49% per annum. The late payment fee is Rs. 500. For someone who is looking for a card with a good rewards program, the best option is probably the HDFC Bank Diners Club Black Credit Card. This card offers a rewards program as well as 5% cash back on dining expenses. The interest rate on
1. The Best Credit Cards in India
When it comes to credit cards, there are a lot of options available in India. But, which one should you choose? It depends on your financial situation and spending habits. Here are some of the Compare credit card:
1. SBI Card PRIME:
This credit card is best for people who are looking for a card with low interest rates and attractive rewards. The SBI Card PRIME has a interest rate of just 3.35% per annum and also comes with a host of other benefits like fuel surcharge waiver, cashback on spends, and more.
2. HDFC Bank Regalia First:
This credit card is a good option for people who spend a lot on travel and dining. The HDFC Bank Regalia First comes with a host of benefits like 5% cashback on international spends, airport lounge access, and more.
3. ICICI Bank Diamond:
The ICICI Bank Diamond credit card is a good choice for people who are looking for a card with a low interest rate. It comes with an interest rate of just 2.99% per annum and also offers benefits like fuel surcharge waiver, cashback on spends, and more.
4. Citibank Rewards:
The Citibank Rewards credit card is a good choice for people who spend a lot on shopping, dining, and travel. It offers 10x rewards points on spends made on these categories and also comes with a host of other benefits like fuel surcharge waiver, airport lounge access, and more.
5. Axis Bank My Zone:
The Axis Bank My Zone credit card is a good option for people who are looking for a card with attractive rewards and a low interest rate. It offers 5% cashback on spends made on dining, entertainment, and shopping. It also comes with a host of other benefits like fuel surcharge waiver, cashback on spends, and more.
2. Why You Should Use a Credit Card
There are many reasons to use a credit card, but here are two of the most important ones:
1. You can earn rewards.
Credit cards usually come with rewards programs that allow you to earn points or cash back on your purchases. These rewards can be used to offset the cost of future purchases or even get you freebies like travel or merchandise.
2. You can build your credit.
Using a credit card responsibly can help you build a good credit history, which can lead to lower interest rates on loans and credit cards in the future. A good credit score can also help you get approved for rent, a mortgage, and even a job.