Banks and NBFCs have set the minimum income requirement as per the features of each card variant and hence you must check the income eligibility of a credit card before applying for it. If you have a monthly income of more than 1 Lakh, you would be eligible for a range of super-premium credit cards that come with advanced benefits such as international lounge access, air miles, preferential foreign exchange mark-up fee, etc. To help you choose from the best credit cards for your income, here is a list of some of the best super-premium credit cards with a minimum income requirement of Rs. 1 Lakh per month.
Suggested Read: Best Credit Cards in India for Different Income Groups
Best Super-Premium Credit Cards for Income above Rs.1 lakh p.m.
Refer to the following list of super-premium credit cards from the top banks in India-
|Credit Card||Annual Fee||Minimum Income (per month)||Best Suited For|
|HDFC Bank Diners Club Black Credit Card||Rs. 10,000||Rs. 1,75,000||All-Round Benefits|
|HDFC Bank Infinia Credit Card||Rs. 10,000||Communicated at the time of sourcing||Travel and Shopping|
|Axis Bank Reserve Credit Card||Rs. 50,000||Communicated at the time of application||Hotel Benefits|
|YES FIRST Exclusive Credit Card Card||Rs. 9,999||Rs. 4 lakh||Reward and Travel|
|Axis Bank Magnus Credit Card||Rs. 10,000||Communicated at the time of application||Travel and Dining|
|ICICI Bank Emeralde Credit Card||Rs. 12,000||Rs.3 lakh||Lifestyle Privileges|
|IndusInd Bank Pinnacle Credit Card||Rs. 12,999||Rs. 1,50,000||Online Shopping|
|YES Private Prime Credit Card||Rs.10,000||Communicated at the time of sourcing||Lifestyle and Rewards|
*The minimum income requirement for few cards will be communicated at the time of sourcing. Also the banks reserve the right to change the criteria as and when required.
1. HDFC Bank Diners Club Black Credit Card– A Card with Great Overall Value
- Annual Fee- Rs.10,000
- Minimum Income for Salaried / Self-Employed- Rs.1.75 lakh p.m.
HDFC Diners Club Black Credit Card is certainly one of the best super-premium cards in the market offering extraordinary benefits across multiple categories. One of the key highlights that make the card stand out is its default reward rate of 3.33% which means that on spending Rs. 10,000 on any category, you will get 333 reward points. The flexibility to use these points against flight and hotel bookings on SmartBuy Platform, Air Mile conversion, and items from the rewards catalogue makes them even more valuable. Moreover, the points are valid for 3 years so you will have enough time to accumulate good points before you choose to redeem. The card holds great value for travelers with its unlimited lounge access worldwide for both primary and add-on cardholders (which is quite a rare feature) and a low forex mark-up of 1.99% only. Other lifestyle benefits across shopping, dining, golf, fitness, etc. are plenty.
|Who should get this card?|
HDFC Diners Club Black Credit Card is great for high-spenders as the rewards rate is excellent. Also, the free membership renewal is linked to spending milestones, so in order to avail them, you will have to spend a considerable amount. Being a super-premium card, its fee is quite high but is clearly compensated by the wide range of benefits it offers. So, if you are sure that you can make the most of its overall benefits, you must get this card.
Key Features and Benefits:
Membership Privileges- Complimentary annual membership of Club Marriott, Zomato Gold, Amazon Prime, Times Prime, Forbes and MakeMyTrip.
Lounge Access- Access to over 800+ Airport lounges globally for primary as well as add-on cardholder.
Golf Benefits- Up to 6 complimentary golf games every quarter across premium golf courses globally.
Reward Points– Earn reward points in the following manner:
- 5 Reward Points per Rs. 150 spent on retail
- 10X points on select partner brands
- 2X reward points on weekend dining
- 1 Reward Point= Re. 1
Lifestyle Benefits- Exclusive benefits on Spa, Gym, Fitness and Doctor Consultation.
2. HDFC Bank Infinia Credit Card– Invite-only Card for HNIs; Good All-Round Benefits
- Annual Fee- Rs.10,000
- Eligibility- Invite Only
To keep it simple, HDFC Infinia Credit Card is similar to HDFC Diners Club Black Credit Card in a lot of aspects. The reward rate stands the same at 3.33%, there is unlimited lounge access for primary and add-on cardholders and forex markup is 2%. Infinia wins over DC Black in terms of rewards, offering 10X points on shopping and travel booking made through SmartBuy and 2X rewards on dining.
However, there are certain aspects where Infinia falls short such as free memberships and the flexibility of reward redemption. Though you can book flight tickets directly through Smartbuy and redeem the points, the ability to transfer points to air miles of your choice is not offered. All-in-all, Infinia is a good super-premium card but certain privileges could have been better, at least at par with HDFC Diners Club Black.
|Is this card for you?|
HDFC Infinia is an invite-only card. So, if you get the invite, you must first dwell on your spending preferences and see whether you would be able to make the most of its benefits. Infinia is an elite circle of HDFC customers, so you will definitely get certain added privileges for the same but that should not be the only reason to get this card. Ask yourself whether you are ready to pay Rs. 10,000 annual fee for the given set of benefits and then make the decision on accepting or rejecting the invite.
Key Features and Benefits:
No pre-set spending limit- There is no pre-assigned limit on the card
Priority Pass Membership- Get preferential access to 1,000+ airport lounges across the globe.
Low Forex Mark-up Fee- Pay a low forex mark-up fees of just 2%
Golf Privileges- Complimentary golf games at some of the leading golf courses across the world
Club Marriott Membership- Exclusive privileges at Marriott hotels under the complimentary Club Marriott Membership along with 20% discount on food and 20% off on the hotel stays
Rewards Program- 5 reward points per Rs. 150 across all categories. 2X rewards are offered on dining spends and 10X on travel and shopping spends on HDFC SmartBuy.