Best Co-branded Credit Cards in India

Best suited for Online Shopping

Annual Fee: NIL
Key Features:

Should you get this card?

If you primarily use Amazon for online shopping, this card is an excellent pick for you as the cashback rates are the highest for your purchases on Amazon. Also, the cashback earned is added to your Amazon Pay Balance which you can use only via Amazon. If you are an Amazon Prime member, the rewards get even better. 5% cashback on all purchases can be availed by Prime members and 3% cashback by non-prime members. Besides, a minimal cashback of 1% is provided across all other spends. Other than that, this card does not offer any benefits of travel, entertainment, or any other category apart from shopping. It is not suitable for international usage because of the high Foreign Exchange markup fee (3.5%). So, if you are an Amazon loyalist, you can consider this card. Otherwise, you may look for other cashback credit cards to avail of multi-faceted privileges. 

Read Full Review of Amazon Pay ICICI Bank Credit Card

Best suited for Online Shopping 

Annual Fee: 500
Key Features:

Should you get this card?

Flipkart Axis Bank Credit Card can be a great cashback companion for you, especially if you are a Flipkart loyalist. This is also one of India’s best cashback credit cards, promising 1.5% flat cashback on all your transactions, which is the second-highest flat cashback rate on the market after the 2% cashback provided by Axis Bank Ace Card. On Flipkart, Myntra and 2GUD, you can get up to 5% cashback and 4% on affiliate merchants including MakeMyTrip, Uber, Goibibo and PVR from Flipkart. The benefits on this card, despite being an entry-level card, surpasses the annual fee of Rs.500 by a large margin. This helps you to save on fashion, travel, health & wellness, movies and shopping. So, Flipkart Axis Card should be one of the top picks for those looking for advantages across varied categories.

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Best suited for Overall Travel Benefits

Annual Fee: Rs.499
Key Features:

Should you get this card?

Yatra SBI Credit Card is a decent pick for individuals who travel within India and tend to stay at hotels, as it offers Rs. 1000 off on domestic flight booking and domestic hotel bookings, the cardholder is entitled to receive 6 annual discounts of 20%. You will also get Rs. 4,000 off on international flight bookings with a minimum transaction of Rs. 40,000.

The card also earns a reward rate of 1.5% on groceries, shopping, dining, entertainment and international purchases. Accumulated reward points can be redeemed to get Yatra Discount Vouchers (1 Reward Point= Rs. 0.25). For all of these categories, this rate is not the highest. And, a low reward rate of 0.25% (1 point for every Rs. 100 spent) makes it a not-so-worth-it option. This card is not suitable for individuals who wish to receive benefits in multiple categories. However, those who wish to get travel benefits for a low annual fee can consider this card.

Read More about Yatra SBI Credit Card

Best suited for Air Travel

Annual Fee: Rs. 3,000
Key Features:

Should you get this card?

Axis Bank Vistara Signature Credit Card is suitable for those who are frequent travellers and use Vistara Airlines to book airline tickets. It gives up to a 4.5% reward rate as complimentary tickets which is an excellent deal. Besides, you can also enjoy Club Vistara Silver Membership & Travel Insurance Protection, Discounted golf access and more. So, as far as rewards are concerned, Vistara Signature Card outplays Vistara Platinum Credit Card. You should get this card if you primarily choose to travel via Vistara airlines. If you are someone who prefers booking flights according to their prices and discounts and not loyal to any particular airline, you should consider some other travel credit card.

Related Article: Best Travel Credit Cards in India 2021

Best suited for Fuel transactions

Annual Fee: Rs.1,499
Key Features:

Should you get this card?

SBI BPCL Octane Credit card is a decent option for those who have just started with credit cards and are looking forward to fetching good value back on fuel transactions. Especially for those who fuel at BPCL pumps, this card can give good benefits. Since fuel benefit is offered in the form of extra rewards, the more you spend on fuel, the more value-back you will get. However, on non-fuel retail spends, you get 0.25% value-back which is a below-average reward rate. You should consider this card if your fuel expenditure makes up a considerable portion of your overall monthly expenses. Your annual fee can be reversed if you can spend Rs. 2 lakh annually. You can also view other Fuel Credit Cards in India to look at some more feasible options.

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Best credit card for Online & Retail Shopping at Home Centre and Lifestyle Stores.

Annual Fee: Rs. 1,499
Key Features:

Should you get this card?

Lifestyle Home Centre SBI Card SELECT variant is best suited for those who frequently shop online or in-stores at Lifestyle, Max, Home Centre, and SPAR. This card gives you 10 Reward Points per Rs. 100 spent at Landmark online and retail stores; and 4 Reward Points = Rupee 1. So, you get a 2.5% return on your spendings which is not bad. Also, the joining fee of Rs.1500 is reversed in the form of 6000 bonus reward points equivalent to Rs.1500 on payment of the joining fee. However, if you wish to avail of better rewards in different categories, you can consider other shopping credit cards in India.

Read more about Lifestyle Home Centre SBI Credit Card

Best suited for Fuel purchases.

Annual Fee: Rs.1,000
Key Features:

Should you get this card?

This card stood as one of the best fuel cards in the market for a long time because of its high reward rate. It gives 4 Turbo Points for Rs. 150 spent on fuel spends and 1% fuel surcharge waiver. You will also get 2 Turbo Points per Rs. 150 spent on groceries and supermarkets and 1 Turbo Point on all other spends. These Turbo Points can be redeemed to get free fuel where 1 Point = Re. 1. This means if you spend Rs. 5,000 on fuel at Indian Oil pumps and Rs. 5,000 on groceries, you will earn about 200 points which can give you a direct discount of Rs. 200 at IOC pumps on redemption. You should consider this card if your fuel purchases are high and you are primarily an IOC customer. 

Read more about Citibank Indian Oil Platinum Credit Card

Best suited for Travel.

Annual Fee: Rs.2,500
Key Features:

Should you get this card?

If your purpose remains to travel within India and internationally and you prefer making your bookings via MakeMyTrip, this card could be a good choice. . Though the default rewards rate on ICICI MMT Signature Credit Card is 1%, which is not enticing, the card provides exclusive rewards on MakeMyTrip bookings. Many features, such as airport and railway lounge access, are covered by the card. The points you earn with MyCash, however, remain limited to travel and hotel bookings only. In comparison to other travel cards in the same fee range, the reward rate is good and also comes with the Milestone Privileges. So, if your use is mainly for airport/railway lounge access and you are looking for good deals on hotel bookings, the ICICI MakeMyTrip Signature credit card is recommended for you. You can also check out YES First Preferred, American Express Platinum Travel and SBI IRCTC credit cards too for additional benefits on travel bookings. 

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