Best Entry Level Credit Cards in India

FinBooster: YES Bank - BankBazaar Co-branded Credit Card

The FinBooster Credit Card, offered by YES Bank in partnership with BankBazaar, is a unique financial product that not only provides reward points but also helps you track your credit health.

Features and Benefits of FinBooster Credit Card:

1. Credit Tracking: You get monthly credit fitness reports and real-time dashboard access to track and improve your credit score after your first transaction with the FinBooster Credit Card.
2. Reward Points: With this credit card, you earn 10 reward points per Rs.200 on online dining, 6 reward points on online grocery and apparel, and 2 on other retail spends (excluding fuel).

Note: There is no limit on the accumulation of reward points. However, reward points will expire within 36 months.

1. Fuel Benefits: Get a 1% fuel surcharge waiver on transactions between Rs.400 and Rs.5,000, with a monthly cap of Rs.5,000 per customer. Do note that a 1% fee plus GST applies to fuel transactions above Rs.10,000.
2. Insurance Coverage: With this credit card, the primary card holder gets an accidental death cover of Rs. 2.5 lakh.

SBI SimplyClick Credit Card

The SimplyClick Credit Card, offered by SBI is designed for online shoppers. This credit card allows you to earn reward points on purchases made with top e-commerce platforms like Amazon, BookMyShow, Cleartrip, and more.

Features and Benefits of SBI SimplyClick Credit Card:

1. Welcome Gift: With this credit card, you get an Amazon.in gift card worth Rs500 on completing the annual fee payment of Rs.499 + taxes
2. Reward Points: You earn 5X reward points on online spends and 10X reward points on online spends with exclusive partners like Amazon, BookMyShow, Cleartrip, Lenskart, Netmeds, and UrbanClap.
3. Milestone Benefits: Earn e-vouchers from Yatra or Cleartrip worth Rs. 2,000 on annual online spends of Rs. 1 lakh and Rs. 2 lakh each.
4. Annual Fee Waiver: The annual fee of Rs. 499 + taxes will be waived off on spending Rs. 1 lakh or more in the previous year.
5. Fuel Surcharge Waiver: 1% surcharge waiver on fuel transactions of Rs. 500 to Rs. 3,000, with a maximum waiver of Rs. 100 per statement cycle.

Axis Bank ACE Credit Card

The ACE Credit Card, offered by Axis Bank is a low-fee credit card, designed to offer cashbacks and up to 5% value-back on spends. Moreover, this card also gives you a 5% cashback on utility bill payments and recharges. Additionally, you also earn cashbacks on popular food apps like Zomato, Swiggy, and Ola, making it a perfect choice for everyday expenses.

Features and Benefits of Axis Bank ACE Credit Card:

1. Cashback Benefits: With this credit card, you earn a 5% cashback on bill payments (electricity, internet, gas, etc.), DTH, and mobile recharges made via Google Pay, 4% cashback on transactions with Swiggy, Zomato, and Ola, and 2% unlimited cashback on all other spends.
2. Complimentary Lounge Access: Enjoy 4 complimentary lounge visits per calendar year at select domestic airports.
3. Fuel Surcharge Waiver: With this card, you get a 1% waiver on fuel surcharge across all fuel stations in India.
4. Dining Delights: Get up to 20% off at select restaurants on payments made using the ACE credit card.

HSBC Visa Platinum Credit Card

The Visa Platinum Credit Card, offered by the HSBC Bank, is designed to offer rewarding financial experience with a host of exclusive benefits. With no joining or annual fees, this card provides an excellent opportunity to earn reward points on every transaction while enjoying privileges across shopping, dining, and travel.

Features and Benefits of HSBC Visa Platinum Credit Card:

1. No Joining or Annual Fees: You do not have to pay any joining fee or annual fee for this credit card.
2. Reward Points: Earn 2 reward points for every Rs.150 spent using this credit card on eligible purchases. Earn 5X reward points on purchases made after spending Rs.4 lakh on your card, subject to a maximum cap of 15,000 accelerated reward points in an anniversary year.
3. Fuel surcharge waiver: You also get a fuel surcharge waiver on fuel transactions up to Rs. 3000 valid at all petrol pumps across India.
4. Zero liability on lost card: On reporting the loss of the HSBC Visa Platinum Credit Card within 24 hours and you are zero liable for any fraudulent transactions that might happen on the card. The policy would cover up to 24 hours before reporting the loss of up to Rs. 3 lakh.
5. Accepted Globally: You can use your card at all the locations across the globe, wherever Visa is accepted.

RBL Bank - BankBazaar SaveMax Credit Card

The SaveMax Credit Card, offered by RBL Bank in collaboration with RBL Bank, is a lifetime free credit card designed to offer a wide range of rewards and cashbacks. This card includes a complimentary monthly credit advisory on BankBazaar, allowing you to track your spending and monitor your credit score. Additionally, it offers an EMI conversion option and a pre-approved loan facility.

Features and Benefits of RBL Bank – BankBazaar SaveMax Credit Card:

Reward Points: Earn 5X Reward Points on grocery spending (up to 1,000 reward points per month) and 1 reward point for every Rs.100 spent on other categories, excluding utility payments, insurance premiums, and EMI transactions effective 1 October 2023.

Cashbacks: Get 10% cashback (up to Rs.100 per month per merchant) on BookMyShow and Zomato, with base reward points accumulating on fuel, insurance, railways, education, government services, and more.

IndusInd Platinum Aura Edge Credit Card

The Platinum Aura Edge Credit Card, offered by the IndusInd Bank, is a premium credit card that is designed to meet a variety of spending preferences. This credit card offers a range of benefits and rewards. It features customised reward plans across different categories, including shopping, dining, travel, hotel stays, and more.

Features and Benefits of IndusInd Platinum Aura Edge Credit Card:

1. Flexible Reward Programs: Get the option to choose from four different reward programs.
2. Rewards Points: Earn up to 8X reward points on spending at select merchant categories, depending on your chosen rewards program.
3. Fuel Surcharge Waiver: You get a 1% fuel surcharge waiver on fuel transactions across all fuel stations.

AU Lit Credit Card

The Lit Credit Card, offered by the AU Bank, is a lifetime free credit card that can be customised as per your needs. This credit card allows you to choose your card features at your convenience and easily track your expenses.

Features and Benefits of the AU Lit Credit Card:

1. Reward Points: You earn 10x and 5x reward points for international and domestic retail, offline POS, and contactless transactions. Do note that a maximum of 10,000 reward points can be accumulated per statement cycle. There are no rewards on fuel, rent, cash withdrawal, education, government services, Quasi cash, and BBPS transactions. Utility and insurance transactions earn base rewards only (Rs.100 spent = base reward).
2. Fuel Surcharge: You get 1% fuel surcharge waiver on transactions between Rs.400 and Rs.5,000.
3. Milestone Cashback: Earn 5% cashback (up to Rs.500 for Rs.7,500 spent) and 2% cashback (up to Rs.1,000 for Rs.10,000 spent) three times over 3 months, with cashback not applicable on cash withdrawals, BBPS, Quasi cash, fuel, and rent transactions.
4. Other Cashback Offers: Earn 5% Cashback on grocery shopping, travel, and dining, plus 1 reward point per Rs.100 spent, with a maximum cashback of Rs.1,000 over 30 days.
5. Additional Benefits: You also get up to 4 complimentary domestic airport lounge visits per quarter, free 3-month memberships for Zee5, Amazon Prime, and Cult Fit.
6. Card shield: This credit card also offers shield coverage of up to Rs.1.50 lakh.

Federal Bank Visa Signet Credit Card

The Federal Bank Visa Signet Credit Card offers exclusive rewards and benefits, including enhanced cashback on various spending categories. It also provides access to premium lifestyle perks like airport lounge access and attractive discounts.

Features and Benefits of the Federal Bank Visa Signet Credit Card:

1. Welcome benefit: You get an Amazon Pay e-voucher worth Rs.200 upon spending a minimum of Rs.3,000 within the first 30 days of your credit card issuance.
2. Milestone benefits: Earn complimentary Swiggy vouchers upon spending Rs.20,000 in a quarter.
3. Reward points benefit: Enjoy 3x reward points on electronics and apparel purchases, 2x reward points on entertainment spends, and 1x reward points on other categories.
4. Entertainment benefits: Buy one INOX movie ticket and get another ticket free, available once every quarter.
5. Travel and airport lounge benefits: Avail one complimentary domestic lounge visit per quarter.
6. Low Annual Percentage Rate: Enjoy an Annual Percentage Rate (APR) starting as low as 0.69% per month (equivalent to 8.28% p.a.).