Co-Branded Credit Cards in India - Compare Offers & Apply

The list of significant benefits of owning a co-branded credit card in India is given below:

1. As co-branded credit cards are issued in association with leading payment processing gateways like MasterCard or Visa, it is accepted worldwide. You can shop from any merchant's outlet across the globe.
2. Compared to a basic credit card, co-branded credit cards offer great offers and discounts as it exclusively designed for this purpose.
3. Some co-branded credit cards do not levy finance charges on Equated Monthly Instalment (EMI) transactions.
4. Some co-branded credit cards allow their cardholders to redeem their reward points on flight or hotel bookings making your travel cheaper.
5. Many co-branded credit cards offer excellent discounts on dining and entertainment bills which means you save while you spend.

Pros and Cons of Co-branded Credit Cards

Here’s a balanced view of what to expect from a co-branded credit card:

Top Co-Branded Credit Cards in India

The key features of a few popular co-branded credit cards have been explained below:

FinBooster: YES Bank - BankBazaar Co-branded Credit Card

YES BANK and BankBazaar launched their co-branded credit card known as the FinBooster Credit Card. The card comes with complimentary CreditStrong report, lifetime free card, accelerated reward points, and many other benefits.

Features of the Credit Card

The key features of the YES FinBooster credit card is mentioned below:

1. You get credit fitness reports on a monthly basis with a real-time dashboard.
2. Enjoy a 1% waiver on the fuel surcharge on fuel transactions between Rs.400 and Rs.5,000.
   
3. You get 5x reward points on online dining spends.
4. Earn 3x reward points on online grocery and online apparel spends.
5. You get two reward points for every Rs.200 swiped for other retail spends, except for fuel expenses.
6. You can share your reward points with friends and family.
7. The reward points can be adjusted against your credit card balance.
   
8. Accidental death cover (primary cardholder): Rs.2.5 lakh.

RBL Bank BankBazaar SaveMax Credit Card

The RBL Bank BankBazaar SaveMax Credit Card is a lifetime free credit card that offers a wide range of attractive rewards and cashbacks. The card also comes with a free monthly credit advisory on BankBazaar which will help you track your spends and monitor your credit score. The credit card also comes with balance transfer, EMI conversion, and pre-approved loan facility.

Features & Benefits

The features and benefits of RBL Bank BankBazaar SaveMax credit card are given below:

1. For every Rs.100 spent, the card offers one reward point.
   
2. Earn 5x reward points on grocery spends (maximum 1000 RP per month).
3. 10% cashback (up to Rs.100 every month on each merchant) on BookMyShow and Zomato transactions.
   
4. Manage your credit card, pay utility bills, get merchant offers and instant loans through the RBL Bank MyCard App.
   

Amazon Pay ICICI Bank Credit Card

The following is the list of features and benefits of Amazon Pay ICICI Bank credit card:

1. Enjoy a 1% waiver on fuel surcharge payments each time you refuel.
2. Offers 5.00% cashback on Amazon India if you are Amazon prime member.
3. Offers 3.00% cashback on Amazon India for non-Prime members.
4. On payments to more than 100 partner merchants, the card offers 2.00% cashback on using the card on Amazon Pay.
5. On other expenses, such as shopping, dining, travel, insurance payments, etc., the card offers 1.00%
6. No joining fee or annual fee.
7. Earn rewards with no limit or expiry date.
   
8. Benefit from no-cost EMI options for three months and six months on Amazon.in.
9. Every reward point earned equals Rs. 1 and is automatically credited as Amazon Pay Balance.

Flipkart Axis Bank Credit Card

1. Receive Rs.600 worth of welcome benefits upon acquiring your Flipkart Axis Bank Credit Card.
2. Gain unlimited 5% cashback on Flipkart and Cleartrip expenditures.
3. Earn unlimited 4% cashback on transactions with Preferred Merchants.
4. Acquire unlimited 1% cashback on other eligible categories. The cashback will be credited directly to your credit card statement.
5. Enjoy four complimentary lounge visits annually to select airport lounges within India with your Flipkart Axis Bank Credit Card on spending a minimum amount of Rs.50,000 in the previous three months.
6. Get a 1% fuel surcharge waiver on fuel transactions at all fuel stations across India.
7. Applicable to transactions ranging between Rs. 400 and Rs. 4000; maximum benefits up to Rs. 400* per statement cycle.
8. GST charged on fuel surcharge is non-refundable. No cashback is earned on fuel transactions.
9. Treat yourself to delightful cuisines with Axis Bank Dining Delights, offering 15% off up to Rs. 500 at over 10,000 partner restaurants across India with EasyDiner.
10. Avail exciting EMI offers on Flipkart. Contact the bank to convert significant credit card purchases into EMIs for any transaction exceeding Rs.1,500.
11. Offers savings up to 15% on transactions made on flights and hotels via Makemytrip and Goibibo.
12. On orders via Swiggy, Amazon Fresh and Tira, the card offers a discount of 10%.

Axis Bank Vistara Infinite Credit Card

The key features and benefits of Axis Bank Vistara Infinite credit card are mentioned below:

1. Upon fee payment, receive a complimentary Business Class ticket voucher as a welcome gift. This benefit continues upon renewal of your Credit Card membership each year.
2. Offers exclusive privileges of complimentary Maharaja Club Gold Membership.
3. For every Rs.200 spent, the card offers six Maharaja Points.
4. On achieving milestone spending, the card offers bonus Maharaja Club Points and up to four Business class ticket vouchers.
5. Offers two complimentary airport lounge access at selected airports in India.
6. It offers six complimentary rounds of golf and provides privileges from Extraordinary Weekends program.
7. Provides dining discount at partner restaurants with EazyDiner.
   
8. Enjoy up to 15% off at Trident properties.
9. Benefit from Purchase Protection Cover up to Rs. 1 lakh and cover up to US Dollars 300 for delay of check-in baggage, loss of travel documents, and loss of check-in baggage.
10. Convert significant credit card purchases into EMIs for any transaction over Rs.1,500 by contacting the Bank.
    

Tata Neu Infinity HDFC Bank Credit Card

The following is the list of features and benefits of Tata Neu Infinity HDFC Bank credit card:

Cashback & NeuCoins Earnings

1. Earn 5% cashback as NeuCoins on non-EMI spends at Tata Neu and partner Tata brands.
2. Get 1.5% cashback as NeuCoins on non-Tata brand spends and merchant EMI transactions.
3. Earn 1.5% cashback on UPI spends, including Tata partner brands, capped at 500 NeuCoins per calendar month.
4. UPI cashback includes a base 0.5%, with an additional 1% when payments are made using the Tata Neu UPI ID.
5. Enjoy an extra 5% cashback on selected categories when shopping via the Tata Neu App or Website after registering for NeuPass.

Monthly Caps & Exclusions

1. No NeuCoins are awarded on government or rental transactions.
2. Property management and rent transactions are capped at 1,000 NeuCoins per month.
3. Grocery, utility, cable, and telecom transactions are capped at 2,000 NeuCoins per month.
4. Education payments made via third-party apps such as CRED, Cheq, and MobiKwik are not eligible for NeuCoins.

Lounge Access Benefits

1. Visa & RuPay variants offer 8 domestic and 4 international lounge visits per calendar year.
2. For Visa cards, international lounge visits beyond the limit are charged at USD 27 + GST per visit.
3. For RuPay cards, excess international visit charges are determined by the lounge operator.

Welcome, Fuel & Fee Benefits

1. Earn 1,499 NeuCoins on completing the first transaction within 30 days of card issuance (claimable within 60 days; valid for 365 days from claim).
2. Get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, capped at ₹500 per statement cycle.
3. The renewal fee is waived on annual spending of ₹3 lakh or more before the renewal date.

Insurance Coverage

1. Accidental air death cover up to ₹1 crore.
2. Emergency hospitalisation abroad cover up to ₹15 lakh.
3. Lost card liability protection up to ₹9 lakh.

NeuCoins Redemption

1. NeuCoins can be redeemed on Tata Neu for brands including Air India Express, BigBasket, Croma, Westside, Tata CLiQ & CLiQ Luxury, IHCL Hotels, Tata 1mg, Qmin, Tanishq, and Titan.
2. Redemption is available via NeuCoins, Loyalty Redemption, or Tata Pay, subject to brand-specific eligibility.

Swiggy HDFC Bank Credit Card

The Swiggy HDFC Bank Credit Card is a co-branded credit card offered by HDFC Bank in partnership with Swiggy. With a joining and renewal fee of ₹500, the card is designed for frequent online and Swiggy users, offering cashback, lifestyle benefits, and travel perks.

Cashback & Rewards

1. Earn 10% cashback on Swiggy spends including food ordering, Instamart, Dineout, and Genie, capped at ₹1,500 per month.
2. Get 5% cashback on eligible online transactions across select MCCs, up to ₹1,500 per month.
3. Earn 1% cashback on other eligible categories, capped at ₹500 per month.
4. Cashback is credited as Swiggy Money and is redeemable only within the Swiggy app.
5. Cashback is not applicable on Swiggy Money Wallet, Swiggy Minis, or Swiggy Liquor transactions.

Welcome & Membership Benefits

1. Receive a complimentary 3-month Swiggy One membership (worth ₹1,199) upon card activation.
2. To unlock welcome benefits, cardholders must activate the card via transaction, OTP/IVR, PIN setup, and enable card controls.
3. Cashback redemption and membership activation require linking the card to the Swiggy app.

Travel, Dining & Lifestyle Perks

1. Enjoy one complimentary night and one dine-free benefit at select global Mastercard partner outlets.
2. Get up to 12% instant discount on hotel bookings worldwide via Agoda.
3. Access golf courses globally, including 12 free golf lessons per year.
4. Avail 4 complimentary green fee rounds annually and 50% discount on additional golf services.

Fees, Waivers & Credit Features

1. Joining and renewal fee: ₹500 + applicable taxes.
2. Renewal fee waiver on annual spends of ₹2 lakh or more before the renewal date.
3. Convert high-value purchases into Smart EMI for easier repayments.
4. Eligible for Cash on Call, Balance Transfer, and Cash Withdrawal upon meeting spend criteria.

Security & Convenience

1. Zero lost card liability protection.
2. Interest-free credit period and revolving credit facility.
3. Contactless payments enabled for transactions up to ₹5,000.

Standard Chartered EasyMyTrip Credit Card

The card comes at an annual fee of Rs.350 plus GST (Goods and Services Tax) and renewal fee is reversed on spending rs.50,000 or more in the preceding year. The card offers contactless payment, secured transaction, digital payment solution and many other benefits. The features and benefits of the card are mentioned below:

1. The Standard Chartered EasyMyTrip Card provides ten rewards points on every Rs.100 spent at mobile apps, hotel or airline websites, and outlets.
2. Offers 20% and 10% discount on domestic and international hotel and flight booking via EaseMyTrip website or app, respectively.
3. The card offers 2X reward points on spending Rs.100 on all other categories of retail spendings.
4. The offer on EasyMyTrip is provided on Visa network.
5. Get two complimentary domestic lounge access.
6. The card also offers loan on call, balance transfer facility, EMI conversion facility for large purchases, and many more.

Note: The complimentary international airport lounge access has been discounted from15 October 2024.

IRCTC SBI Platinum Credit Card

The annual fees charged for the IRCTC SBI Platinum Credit Card is Rs.500 plus taxes and the joining fees charged will be Rs.500 per annum. No fee is charged for add-on credit cards.

Features & Benefits

The following is the list of features and benefits of IRCTC SBI Platinum credit card:

1. As welcome gifts, IRCTC SBI Platinum Credit Card holders can get 350 bonus rewards points when Rs.500 is spent within 60 days of card issue.
2. Bonus reward points will be credited within 45 days of transaction. The fuel and cash expenses are not eligible for these rewards.
3. On payment of renewal fee, the cardholder will earn 500 reward points.
4. Railway tickets booked on irctc.co.in for AC1, AC CC, AC3, Executive Chair car and AC2 can get customers a value back of 10% in the form of rewards points.
5. Other purchase can get customers one rewards point for every Rs.125 spent on non-fuel retail purchases that includes railway ticket purchase as well.
6. The card allows the customer to save 1% on transaction charges on railway ticket bookings.
7. Offer fuel surcharge waiver of 1% on fuel station across the country for transactions made between Rs.500 to Rs.3000 and is capped up to Rs.300 per statement cycle.
8. The card holders will earn four complimentary railway lounge access in a year, which will be applicable only for primary cardholders only.
   
9. Customers can also get various offers from Visa and features like add-on cards, cash withdrawals, utility bill payments, EMI conversions, easy money and balance transfer.
   

Co-Branded Credit Cards vs Regular Credit Cards

Eligibility to Apply for a Co-branded Credit Card

The eligibility criteria for co-branded credit cards vary for each card and for each bank. Listed below are the basic eligibility criteria set by most of the banks:

1. Applicant should be an Indian citizen
2. Salaried or self-employed
3. Should have a good credit history (Not applicable for first-time borrowers)
4. The minimum income requirements vary from one card issuer to another.
5. The minimum age of the applicant should be 21 years and the maximum age is 60 years

Note: The age requirements may also vary from card issuer to another.

Documents Required to Apply for a Co-branded Credit Card

The required documents to apply for a co-branded credit card are mentioned below. While applying for a specific bank, it's recommended to check the bank's website for specific documents as required by the bank.

1. Copy of identity proof such as an Aadhaar card, PAN, passport, etc.
2. Copy of address proof document such as bank statement, Voter's ID, Aadhaar, driving licence, electricity bill, passport, etc., whichever holds your current address
3. Permanent Account Number (PAN) card copy
4. Two months' salary slips or Income Tax (IT) Returns
5. Duly signed in application
6. One passport-size photograph

If you are not sure which co-branded credit card to pick, visit neutral financial advisory websites like BankBazaar and choose from a wide range of co-branded credit cards available in the market.

How to Apply for a Co-branded Credit Card Online?

You can apply for a co-branded credit card by visiting the respective bank's website or through an authorised third-party website such as BankBazaar. While the specific bank's website allows you to access its own credit cards, websites like BankBazaar allow you to find credit cards offered by various banks and financial institutions, enabling you to compare and find the best product available in the market. Let's look at the process of applying for a co-branded credit card online.

Apply through the Bank's Website

As mentioned above, you can visit the respective bank's website to apply for a co-branded credit card. However, before applying for one, go through various credit cards offered by the bank and choose one that suits your requirements. Once you selected the card, follow the instructions below to apply for it online.

Steps to apply for a co-branded credit card online

1. Visit the online website of the respective bank
2. Go to the co-branded credit card page
3. Click on the 'Apply' button
4. You will be redirected to an online application page, where you need to enter all the required details before submitting the form
5. After submitting a credit card application, note the reference number.
6. The bank will check the eligibility, and once approved the bank will notify you.
7. The entire process will take 7 to 10 days, and the application status can be tracked online.

Apply through the BankBazaar Website

BankBazaar is one of the authorised service providers of financial products. It partnered with more than 50 banks and featured most of the financial products offered by the banks on its online platform. By providing comprehensive coverage about each credit card product, the company provides an unbiased platform to compare and shop for various financial products.

Applying for a co-branded credit card through BankBazaar is also simple and convenient. You can visit the online website or download the mobile app to apply for any credit card listed on the site. A detailed procedure to apply for a co-branded credit card is provided below.

Steps to apply for a co-branded credit card through BankBazaar

You can also apply for a co-branded credit card through BankBazaar website and the steps to do so are mentioned below:

1. Go to www.bankbazaar.com or log in to the BankBazaar mobile app
2. From the main menu, choose 'Credit Cards'
3. Select co-branded credit cards under the category filter to get a list of all the cards
4. Find the card that suits your requirements
5. Click on 'Check Eligibility' to know whether or not you're eligible to apply for the card
6. If you are eligible, you will be taken to an online credit card application page, where you need to enter all the required details and click on 'Submit'

As soon as you hit 'Submit', an 'Application ID' will be generated confirming the submission of application. The application ID can be used to know the status of your application through BankBazaar's 'Track Application' feature, which is available on the website as well as on the app.

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