Welcome benefits on a credit card make it more enticing and you should definitely consider them when looking for a new credit card. However, refrain from deciding on a card solely based on its welcome benefits. Compare other features on the card along with the sign-up bonus and then choose the right card. Below we have listed top credit cards that offer lucrative sign-up bonuses or welcome benefits.
Credit Cards with the Best Sign-up/Welcome Bonus in 2022
|Credit Card||Welcome Benefits||Annual Fee||Income Eligibility|
|SBI Elite Credit Card||E-gift voucher worth Rs. 5,000||Rs. 4,999*||For Salaried and Self-employed: Rs. 60,000 p.m.|
|Club Vistara SBI Card PRIME Credit Card||1 Premium Economy ticket e-gift voucher (on payment of annual fee)||Rs. 2,999||For Salaried: Rs. 40,000 p.m.|
For Self-employed: Rs. 33,333 p.m.
|HDFC Diners Club Black Credit Card||Complimentary Annual Membership for:||Rs. 10,000*||For Salaried: Rs. 1.75 lakh p.m.|
For Self-employed: Rs. 21 lakh p.a.
|Standard Chartered Manhattan Platinum Credit Card||BookMyShow voucher worth Rs. 2,000 on making a transaction in first 90 days||Rs. 999||For Salaried: Rs. 90,000 p.m.|
For Self-employed: Rs. 10.8 lakh p.m.
|ICICI Intermiles Sapphiro Credit Card||Rs. 5,000||Check with the bank|
|MakeMyTrip ICICI Bank Signature Credit Card||Nil||For Salaried: Rs. 4.2 lakh p.a.|
For Self-employed: Rs. 9 lakh p.a.
|Flipkart Axis Bank Credit Card||Rs. 500||Check with the bank|
|Citi® PremierMiles Credit Card||10,000 Miles||Rs. 3,000/Complimentary to Citigold clients||Salaried: Rs. 25,000 p.m.|
* Annual Fee Waiver is provided on spending a certain amount in an anniversary year
SBI Elite credit card is a premium credit card that is of great benefit to the frequent international traveller.
|Annual Fee: Rs 4,999 | Renewal Fee: Rs.4999|
E-gift voucher worth Rs. 5,000 from brands such as Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion and Shoppers Stop.
Other Features and Benefits
Club Vistara Membership –
- Complimentary Club Vistara Silver membership
- Get 1 complimentary upgraded voucher
- Earn 9 Club Vistara Points per Rs. 100 spent on Vistara Flights.
Concierge Service – Use the service to make gift delivery, movie/hotel reservations and get suggestions for holiday itineraries.
Trident Privilege Membership – Complimentary Trident Privilege Red Tier membership ,1,500 Bonus Points on your first stay & additional Rs.1,000 hotel credit on extended night stay.
Lounge Access –
- 6 complimentary Airport Lounge visits per calendar year (outside India)
- 2 complimentary Domestic Airport Lounge visits every quarter (within India)
- Complimentary membership to the Priority Pass Program worth $99.
Spend Milestone Reward – The Milestone benefits are given in the following manner:
|Amount Spent||Reward Points Earned|
|Rs. 3.00 lakh||10,000|
|Rs. 4.00 lakh||10,000|
|Rs. 5.00 lakh||15,000|
|Rs. 8.00 lakh||15,000|
Besides this, you get an annual fee waiver on spending Rs. 10 lakh in an anniversary year.
Reward Program –
- 5X Reward Points on Dining, Departmental stores and Grocery Spends
- 2 Reward Points per Rs.100 on all other spends (except fuel)
Movie Offer – Free movie tickets worth up to Rs. 6,000 in a year. Minimum 2 tickets need to be booked. Maximum discount offered is Rs. 250 per ticket for 2 tickets.
Consider Reading: SBI Elite Credit Card Review