Credit cards allow you to carry your unpaid balance into the next billing cycle, enabling you to pay off your bills without taking a loan. However, when you decide to carry forward the balance, an interest is levied on the outstanding amount. Therefore, owning a low interest rate credit card can be beneficial for those who rely on credit cards for making expensive purchases.
So, if you think you might want to carry the balance forward, going for a card that does not charge a high rate of interest will be the best option for you. Below you can find a list of the best credit cards with low interest rates.
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Compare Top 5 Low Interest Credit Cards in India
IDFC FIRST Wealth Credit Card

Joining fee: ₹0
Annual/Renewal Fee: ₹0
Up to 10x rewards on every spend
Up to 8 international & 8 domestic airport lounge & spa access in a year
Product Details
- 3x rewards on monthly spends of up to Rs. 20,000 and 10x rewards on spends after this spend threshold
- 1 reward point per Rs. 150 spent on insurance and utility; low forex mark-up fee of 1.5%
- Buy 1 get 1 offer with up to Rs. 250 off twice a month on movie tickets on District by Zomato app
- Complimentary golf round per Rs. 20,000 monthly spends, up to 2 rounds/month
- 5% cashback on 1st EMI transaction and Rs. 500 gift voucher as welcome benefit
- Low forex mark-up of 1.5%
Axis Bank Burgundy Private Credit Card

Joining fee: ₹50000
Annual/Renewal Fee: ₹50000
Unlimited domestic & international airport lounge access
Complimentary EazyDiner Prime, Club Marriott, Accor Plus and Taj Epicure memberships
Product Details
- Free EazyDiner Prime Membership for savings up to 25% at fine dining restaurants
- 50 complimentray golf rounds every year
- Free ticket for every movie/non-movie ticket bought through BookMyShow, applicable 5 times for movies and 5 times for non-movie events
- Complimentary concierge service for 8 airport visits
- Complimentary Club Marriott, Accor Plus, and Taj Epicure memberships
- Zero forex markup fee
HDFC Infinia Credit Card

Joining fee: ₹12500
Annual/Renewal Fee: ₹12500
Unlimited airport lounge access for primary and add-on members
10x reward points on travel and shopping spends on Smartbuy
Product Details
- 1 RP = 1 Air Mile or Rs. 1 for travel bookings, Apple products and Tanishq vouchers purchased via SmartBuy
- Invite-only card with Club Marriott membership and 12,500 reward points on card activation & renewal
- 5 reward points on every Rs. 150 spent, including spends on insurance, utilities and education
- Access to unlimited golf games and lessons across premium golf courses worldwide
- Book 3 nights stay at participating ITC hotels and pay for 2 with 1+1 complimentary weekend buffet
- Low forex mark-up fee of 2%
HDFC Diners Club Black Metal Edition Credit Card

Joining fee: ₹10000
Annual/Renewal Fee: ₹10000
Unlimited airport lounge access for primary and add-on members
High base rewards rate of 3.33% with 5 reward points per Rs. 150 spent
Product Details
- Up to 10X reward points on SmartBuy and 2X on weekend dining with up to 1:1 redemption ratio
- Annual memberships of Club Marriott, Amazon and Swiggy One on joining
- Low forex markup fee of 2% and renewal of annual complimentary memberships on Rs. 8 lakh annual spends
- 10,000 reward points on spending Rs. 4 lakh or more in a quarter
- 6 complimentary golf games in a calendar quarter
Axis Magnus Credit Card

Joining fee: ₹12500
Annual/Renewal Fee: ₹12500
Unlimited international & domestic lounge visits with 4 additional guest visits
Up to 60 EDGE reward points per Rs. 200
Product Details
- Low forex mark-up fee of 2%
- Conversion of rewards into Air Miles or Hotel Loyalty points (5:2)
- Luxe gift card/ The Postcard Hotels/ Yatra voucher worth Rs. 12,500 on making the first transaction within 30 days from card issuance