A credit card can come with wide-ranging features and benefits designed to suit the lifestyle preferences of various income groups. Whether you are looking for an entry-level card or a premium card, top issuers like SBI Card, HDFC Bank, and Axis Bank provide multiple options to meet your needs. At Paisabazaar, you can explore and compare 60+ credit card options from multiple providers, apply online, and even get instant approval on pre-qualified credit card offers.
Apply for Instant Credit Cards Online
HDFC Diners Club Black 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, Forbes, Amazon, Swiggy One (3 months) and MMT BLACK on joining
- Low forex markup fee of 2% and renewal of annual complimentary memberships on Rs. 8 lakh annual spends
- Any 2 vouchers of Rs. 500 from Ola cabs, cult.fit Live, BookMyShow, or TataCliQ on Rs. 80,000 monthly spends
- 6 complimentary golf games in a calendar quarter
Axis Bank Reserve Credit Card
Joining fee: ₹50000
Annual/Renewal Fee: ₹50000
Unlimited domestic & international lounge visits via Priority Pass
Low forex mark-up fee of 1.5% with 2X reward points on international spends
Product Details
- Up to 30 EDGE reward points for every Rs. 200 spent
- B1G1 offer on BookMyShow tickets with up to 5 offer tickets per month
- ITC Culinaire, Accorplus, Club Marriott & EazyDiner Prime memberships & offers on Postcard & Oberoi hotels
- 50 free golf rounds every year across select golf courses in India
Axis Atlas Credit Card
Joining fee: ₹5000
Annual/Renewal Fee: ₹5000
2.5X EDGE Miles on Travel spends
Up to 12 international lounge access every year
Product Details
- 2,500 bonus EDGE Miles as welcome benefit
- Up to 5 EDGE Miles per Rs. 100 spent on travel
- Redeem EDGE Miles at value of 1 EDGE Mile = 2 Partner Points
- Milestone benefits of up to 5,000 EDGE Miles
- Up to 18 complimentary domestic lounge visits in a year
HDFC Regalia Gold Credit Card
Joining fee: ₹2500
Annual/Renewal Fee: ₹2500
5X reward points on Nykaa, Myntra, Marks & Spencer and Reliance Digital
4 reward points per Rs. 150 across all retail spends
Product Details
- Complimentary Swiggy One & MMT Black Elite Memberships
- Gift voucher worth Rs. 2,500 on the payment of joining fee
- 6 complimentary international lounge visits & 12 complimentary domestic airport lounge visits per year
- Marks & Spencer, Reliance Digital, Myntra or Marriott vouchers worth Rs. 1,500 on Rs. 1.5 Lakh quarterly spends
- Flight vouchers worth Rs. 5,000 on annual spends of Rs. 5 Lakh
YES Bank Paisabazaar PaisaSave Credit Card
Joining fee: ₹0
Annual/Renewal Fee: ₹499
3% Cashback Points on e-commerce spends, max. 5,000 points/month
Unlimited 1.5% Cashback Points on all other spends, including UPI
Product Details
- Earned Cashback Points can be redeemed as statement credit in 1:1 ratio at zero redemption fee
- 1.5% cashback on online spends made after reaching the monthly capping
- Renewal fee waived off on reaching Rs. 1.2 lakh annual spends
- 1% fuel surcharge waiver, up to Rs. 250 per month, on all fuel spends worth Rs. 500 to Rs. 3,000
Cashback SBI Card
Joining fee: ₹999
Annual/Renewal Fee: ₹999
5% cashback on all online spends
1% cashback across all offline spends
Product Details
- 5% cashback across all online spends with no merchant restriction
- 1% cashback across all offline spends
- Earn cashback of up to Rs. 5,000 per month
- Renewal fee reversed on spending at least Rs. 2 lakh in a year
- 1% fuel surcharge waiver of up to Rs. 100 per month
American Express® Platinum Card
Joining fee: ₹66000
Annual/Renewal Fee: ₹66000
Vouchers of up to Rs. 60,000 from Taj, Reliance or Postcard Hotels on spending Rs. 50,000 in first 2 months
Complimentary access to multiple lounge access programs
Product Details
- Benefits of Rs. 44,300 at the finest hotels/resorts worldwide, like the Four Seasons, Mandarin Oriental, The Ritz-Carlton, etc.
- Access to top-tier hotel loyalty programs, like Marriott Bonvoy™ Gold Elite, Hilton Honors Gold, Taj Reimagined Epicure, Radisson Rewards Gold, etc.
- Invitations to VIP-only events & access to pre-sale tickets & some of the best seats at Fashion Week, Grammy Award, Wimbledon, etc.
- Eazy Diner Prime membership with up to 50% off at premium restaurants in India
- Vouchers worth Rs. 35,000 from Taj Hotels, Reliance Brands Ltd., Postcard Hotels on annual spends of Rs. 20 Lakh
Axis Bank SELECT Credit Card
Joining fee: ₹3000
Annual/Renewal Fee: ₹3000
2X EDGE Reward Points acrosss all retail transactions
10,000 EDGE Reward Points worth Rs. 2,000 as welcome benefit
Product Details
- 10 EDGE Reward Points on every Rs. 200 spent
- Flat Rs. 500 off per month on BigBasket on minimum spend of Rs. 3,000
- Rs. 200 off on Swiggy, twice a month, on minimum spend of Rs. 1,000
- Up to 12 complimentary international lounge visits in a year & 2 domestic lounge visits per quarter
- Up to 12 complimentary golf rounds in a year
Tata Neu Infinity HDFC Credit Card
Joining fee: ₹1499
Annual/Renewal Fee: ₹1499
5% NeuCoins on all non-EMI spends at Tata Neu & its partner brands
8 domestic and 4 international Priority Pass lounge access per year
Product Details
- 1,499 NeuCoins after the first spend within 30 days of card issuance
- 1.5% NeuCoins on UPI, non-Tata brand and merchant EMI spends
- Additional 5% NeuCoins on select spends at Tata Neu app/website
- Low forex markup fee of 2%
IndianOil RBL Bank XTRA Credit Card
Joining fee: ₹1500
Annual/Renewal Fee: ₹1500
Up to 8.5% savings on IOCL fuel spends
1,000 Fuel Points on reaching Rs. 75,000 quarterly spends
Product Details
- Save 7.5% as 15 Fuel Points per Rs. 100 spent on IOCL fuel
- 1% fuel surcharge waiver on fuel spends of Rs. 500 to Rs. 4,000
- 2 Fuel Points per Rs. 100 spent on other categories; 1 Fuel Point = Rs. 0.50 for IOCL fuel purchase
- 3,000 Fuel Points as welcome benefit on making 1st card spend of min. Rs, 500 within the 1st 30 days
- Annual Fee waived of on Rs. 2.75 lakh annual spends
Note: We have shortlisted the above-mentioned top 10 credit cards based on the cost-benefit analysis by determining if the fee charged justifies the value-back offered. The choice of the best card for you can be subjective based on multiple factors like brand preferences, fee payment ability, eligible options, etc. The list of best cards may also vary across credit card types—rewards, cashback, shopping, travel, premium, dining, etc.
Want to know which card offers the best rewards? Explore Paisabazaar’s Credit Card Reward Calculator
Paisabazaar Credit Card Reward Calculator is designed to help consumers identify the best credit cards across their diverse spending preferences. Users can compare the reward benefits on multiple credit cards across all lifestyle categories—travel, dining, fuel, groceries, etc. The tool helps users maximize benefits by providing simplified details on:
- Reward earning across spending categories
- List of exclusions from the rewards program, like rent payments, government transactions, and utility bills
- Monthly/quarterly/yearly capping on transactions
The calculator is especially suitable for card users owning multiple credit cards, as they can discover the best value on multiple cards.
Recently Launched Credit Cards
Some recently launched credit cards in 2024 are:
- MakeMyTrip ICICI Credit Card : Suitable fit for travelers who prefer MakeMyTrip for travel bookings. The card offers up to 6% value-back over and above applicable discounts on MakeMyTrip – know more
- KrisFlyer SBI Credit Card: A co-branded airline credit card with benefits on Singapore airlines. Consumers can earn up to 5 KrisFlyer miles for every Rs. 200 spent and use them for flight ticket bookings at the partnered airline-know more
- KrisFlyer SBI Credit Card Apex: The premium variant of the co-branded credit cards by SBI Card and Singapore Airlines. In comparison to the base variant this card offers 10 KrisFlyer miles for every Rs 200 spent-know more
- IndianOil RBL Bank XTRA Credit Card: A fuel credit card with benefits on IndianOIL fuel pumps, offering up to 8.5% valueback. Consumers also earn bonus 3,000 fuel points on activation-know more
- IRCTC RBL Bank Credit Card: A low annual fee credit card with benefits on railway travel via co-branded partnership with IRCTC. The card offers rewards on railway spends, 1:1 redemption, complimentary railway lounge access, and UPI-linked credit card benefits-know more
How to Choose the Right Credit Card?
Choosing the right credit card is subjective based on your profile and requirements. To make a smart choice, here are some suggestions:
5 Simple Steps to Apply for a Credit Card Online
You can apply for a credit card with Paisabazaar by following the below-mentioned steps:
Step 1: Enter your mobile number and verify the OTP.
Step 2: Provide personal details like your occupation, monthly income and OTP.
Step 3: Further, choose your preferred lifestyle category from listed options- travel, dining, shopping, etc.
Step 4: Based on your eligibility and preferences, you will be shown pre-qualified offers.
Step 5: To choose the right card, compare features and click on the button ‘Apply Now’.
Eligibility Criteria and Documents Required
While the eligibility criteria may differ across issuers and cards, some general requirements are:
- Age: Minimum 18 years
- Credit Score: Preferably 700 and above
- Employment: Salaried or Self-employed
List of Documents
To process your credit card application, you need to submit the following proofs:
- Identity & Signature Proof
- Address Proof
- Age Proof
- Income proof
Some common documents are PAN card, Aadhaar card, employee identity card (in case of Government employees), bank statement, salary slips, rent agreement, or utility bills. For self-employed applicants income proof requirements may vary. You need to submit ITR documents, Form 16, etc.
Note: Document requirements may vary.
Credit Card Fees and Charges
Credit card fees and charges can vary based on the card type and issuer. Some charges, like joining or annual fees, are required to keep your card active, while others—such as finance charges, cash withdrawal fees, and late payment fees—apply depending on your card usage. Here’s a look at some common charges:
- Annual Fee: Varies from card to card
- Finance Charges: 9% p.a. to 52.86% p.a.
- Interest-free Period: Up to 50 days
- Cash Advance Charges: 0% to 3.5%
- Forex Markup Fee: 0% to 3.5%
Top Card Issuers Fees & Charges
5 Benefits of Using a Credit Card
From earning reward points to building your credit score, credit cards offer a range of benefits that can enhance your financial life. Here are five major benefits of using a credit card:
Convenience and security
Using a credit card is often safer and more convenient than carrying cash, especially for larger purchases. With features like contactless payments, credit cards make transactions more convenient and easy. Additionally, most credit cards offer fraud protection or lost card liability cover, adding an extra layer of security.
Rewards and cashback
With credit cards, you can earn reward points or cashback on every transaction, which can be redeemed for travel bookings, gift vouchers, product purchases, or even statement credits. This allows you to earn decent value back on your everyday spending categories like groceries, dining, fuel, and more.
Building a credit score
Using a credit card responsibly helps build and improve your credit score, as timely payments and proper usage reflect positively on your credit report. A good credit score can make it easier to get future credit at favourable conditions, like loans at lower interest rates, and can also make you eligible for better credit cards.
Interest-free period
Credit cards come with an interest-free period, typically ranging from 20 to 50 days, during which no interest is charged on your purchases. By planning your purchases within this period and paying the bill in full, you can save yourself from high interest charges.
Access to exclusive deals and discounts
Many credit cards offer exclusive discounts, deals, and access to special events, such as dining discount, travel upgrades, free movie tickets and more. While these benefits shouldn’t be the only factor in choosing a credit card, they can help you get the maximum value back from your credit card.
Types of Credit Cards in India
Listed below are the different types of credit cards in India to help you find the right one:
Lifetime-Free
Lifetime-free credit cards come without any joining or renewal fees along with relaxed eligibility criteria, making them a suitable choice for new-to-credit individuals. These cards generally provide basic benefits like discounts, cashback, or rewards on your spends.
Rewards
Rewards credit cards allow you to earn reward points on every transaction, which can later be redeemed for various categories such as gift vouchers, products, travel bookings, or even cashback. These cards are well-suited for consumers who prefer the flexibility of redeeming reward points across multiple categories.
Cashback
Cashback credit cards provide a percentage of your spending back as direct cashback/points, which is typically credited to your account or you can redeem them against your statement balance. These cards are ideal for everyday purchases and are well-suited for consumers who prefer direct value back instead of earning and redeeming reward points.
Co-branded
Co-branded credit cards are offered in partnership with a specific brand, like airlines, retail chains, or online platforms, offering accelerated benefits on that brand. Cardholders can earn exclusive benefits, such as accelerated rewards, discounts, and exclusive deals when using the card with the collaborated brand.
Travel
Travel credit cards are designed for frequent flyers and typically offer air miles, airport lounge access, and discounts on flight bookings and hotel stays. Cardholders can earn reward points on every spend, which can be redeemed for travel-related expenses.
Shopping
Shopping credit cards are tailored for individuals who want to earn value back on online or offline shopping. These cards offer benefits like reward points, discounts, and cashback on purchases from popular retail stores and e-commerce brands.
Lounge Access
Lounge access credit cards offer complimentary access to domestic and international airport lounges, providing amenities like free meals, Wi-Fi, and much more. Some premium cards also offer unlimited access to partner lounges worldwide.
Entertainment
Entertainment credit cards cater to those who prefer to earn value back on movies or event ticket bookings. These cards often provide discounts on movie tickets, free movie tickets, ‘buy one, get one free’ deals, complimentary food & beverages, and much more.
Fuel
Fuel credit cards offer accelerated benefits on fuel purchases. These cards typically offer cashback and reward points on fuel spends at partner fuel stations, along with fuel surcharge waiver and basic benefits on other spends.
Super Premium
Super premium credit cards are designed for high-net-worth individuals, offering luxury benefits like concierge services, unlimited complimentary lounge access, a higher reward rate, free golf games, and more. These cards often come with high annual fees and strict eligibility criteria.
Do’s and Don’ts for Credit Cards
Here are some do’s and don’ts for using your credit cards wisely:
Do’s | Don’ts |
Choose a card that matches your lifestyle | Pay only the minimum amount each month |
Review your credit card statement every month | Exceed your credit card limit frequently |
Pay your credit card bill on time and in full | Miss or delay a credit card bill payment |
Spend within your means to avoid debt | Close your old credit card accounts |
Plan purchases to maximize your interest-free period | Apply for too many credit cards at once |
Keep an eye on your reward points expiration date | Withdraw cash using your credit card |
5 Smart Tips to Manage Your Credit Card Effectively
Pay your balance in full and on time
The most important rule of credit card usage is to pay your balance in full before the due date to avoid interest and protect your credit score. If you cannot make the full payment, try to pay more than the minimum, which can reduce the interest charges.
Convert large purchases into EMIs
If you make a large purchase, consider converting it to EMIs, which usually come with a lower interest rate than the standard credit card rate. This way, you can manage the entire expense in smaller and more manageable payments over time.
Avoid cash withdrawals with your credit card
Cash advances do not offer an interest-free period; instead, interest is levied as soon as you withdraw cash. These charges can quickly accumulate debt, so use cash withdrawals only as a last resort.
Keep track of your spending
Monitor your spending to stay within your credit limit and avoid building up a difficult-to-manage balance. Check all SMS alerts and your bank statements carefully about credit card transactions. Besides this, you should also check your credit card report at regular intervals to notice and rectify any errors.
Do not apply for multiple credit cards at a time
Applying for too many cards at once can make you look credit-hungry and lower your credit score due to multiple hard inquiries. While a single inquiry may not have significant consequences, multiple inquiries within a short period can negatively impact your credit score. Hence, apply only for cards that truly meet your needs and spending habits.
Expert Tips to Maximize Benefits and Avoid Risks
Use your card for essentials, not wants
Think of your credit card as a financial tool for emergencies or essential expenses—not for impulse buys. If you’re tight on cash before payday and need to pay a bill, you can use your card as a short-term solution. Just make sure to repay the balance as quickly as possible to avoid interest.
Maximize benefits by using multiple cards wisely
Having more than one credit card can help you earn better benefits if you know how to leverage them. Different credit cards cater to different needs—some offer better rewards on dining, while others are best for online shopping. To make the most of your cards, use the right credit card for the right purchase.
Keep an eye on the reward expiration date
Usually, credit card reward points come with expiration dates. Set reminders or use apps to track your rewards and ensure you don’t lose out on earned points or cashback. Make sure to redeem the reward points within the given period to maximize your credit card benefits.
Leverage the interest-free period
Credit cards usually come with a 45-day interest-free period. As long as you pay off the balance within this period, no interest charges are accumulated. Hence, make sure to make use of this interest-free period, especially for big ticket purchases.
Don’t miss out on additional perks
Beyond rewards points or cashback, credit cards offer additional benefits that add value. For example, a travel card may offer free lounge access or hotel discounts, but you may need to enroll in these programs to use them. It is important to be aware of such benefits to make the most out of your credit card.
Read Paisabazaar Expert Advice on Credit Cards
With a consumer-centric approach, we try to provide best possible financial solutions to the consumers through our curated products. On our platform, consumers get access to pre-qualified card offers, card comparisons, along with resourceful articles and tips on maximizing rewards and managing spending. With us, you can get valuable insights, trusted guidance and easy application process to find the perfect credit card for your needs.
— Rohit Chhibbar – Chief Business Officer-Credit Cards Head
- Paisabazaar launches credit card reward calculator: How it works
- Hotel credit cards in India that offer maximum benefits — which one has the lowest annual fee
- Entry-level credit cards with low annual fees from leading banks; know key features, cashback and more
- How to use shopping specific credit cards in the coming festive season?
- Maximize Rewards: Top Pick For Credit Cards In India With Best Rewards & Fees
FAQs on Credit Card
What is a Credit Card?
A credit card is a type of credit facility, issued through a plastic or a virtual card. Consumers can use it for making transactions within their preset credit limit and repay the spent amount by the due date, which usually falls after every 30-45 days.
How does a Credit Card Work?
Unlike a debit card, where money is directly debited from your bank account when you make a payment, in the case of a credit card, the money is deducted from the assigned credit limit. In a way, you borrow funds from the issuer to make a payment. Based on the total funds used within a month (statement cycle), the issuer then sends a card statement to the user with the total amount due on the card. The total amount due is to be paid by the due date. On bill payment, the amount is added back to the available credit limit.
What are the Benefits of Having a Credit Card?
Some benefits of owning a credit card are increased purchasing power, financial aid in case of emergency, complimentary benefits, rewards, cashback, and lifestyle benefits. Additionally, if used wisely and responsibly, a credit card can also help in improving or building credit score.
What is the Eligibility Criteria for Credit Cards?
The eligibility criteria for a credit card may differ across cards and issuers. But in general, you should be aged above 18, have a good credit score/history, and a stable source of income. The criteria for premium credit cards are more stringent than those on entry-level or mid-range cards.
What Documents are Required to Apply for a Credit Card?
To apply for a credit card, you need to submit age proofs, income proofs, address proofs, signatures, and identification proofs. Some basic documents that suffice are Aadhar card, PAN card, bank statement, salary slips, etc.
What is a Credit Limit and How is it Determined?
A credit limit is the total spend capacity issued on your credit card. It is decided by the issuer based on various factors like credit score, credit history, employment type, monthly salary, TRV (total relationship value), etc. In the case of secured credit cards, it is determined on the basis of the value of the fixed deposit against which it is issued.
Can I Apply for a Credit Card if I have no Credit History?
Credit history is one of the considerations for issuers to issue a credit card. However, users with no credit history can still avail one, based on other parameters like monthly income and credit profile. In such cases, you will most likely be issued an entry-level credit card that comes with easier eligibility requirements. To improve your chance of getting a better card, you can apply with a bank that holds your salary or a current account.
Which is the Best Card to use in India?
The best credit card may vary from one user to another depending on the spend type and lifestyle preferences. But as per the general features, some of the best credit card options across the following categories are:
- Cashback: YES Bank Paisabazaar PaisaSave Credit Card, Cashback SBI Credit Card
- Rewards: HDFC Bank Regalia Gold Credit Card, Axis Bank Select Credit Card
- Travel: Axis Bank ATLAS Credit Card, Axis Bank Horizon Credit Card
- Premium: HDFC Bank Infinia Credit Card, HDFC Bank Diners Club Black Credit Card
- Fuel: IndianOil RBL Bank XTRA Credit Card, SBI BPCL Octane Credit Card
How to Get a Credit Card for the Self-Employed?
To get a credit card as self-employed, you are required to submit your ITR return while applying for a credit card. Additionally, maintaining a good credit score—preferably above 750—and a good repayment history will improve your chances of approval.
What is the APR Rate?
APR (Annual Percentage Rate) is the annual interest charged on an unpaid balance on a credit card. This interest rate is calculated including the nominal interest rate and any additional charges, providing a complete view of the borrowing cost over a year.
How to transfer money from credit card to bank account?
You can transfer money from a credit card to a bank account through various ways, such as net banking or mobile wallets. However, it is not advisable to transfer money from a credit card to a bank account as it incurs high interest charges.
What is the minimum due amount on a credit card?
The minimum due is the minimum amount you have to pay on your credit card bill to avoid late payment fees. This is typically a small percentage of your total outstanding amount. However, it is advisable to pay your credit card bill on time and in full to avoid high interest charges.
How to pay loan EMIs with a credit card?
Some credit card issuers allow you to pay EMIs from your credit card, often through third-party apps or direct payments. However, this may incur additional fees and high interest rates if you don’t repay the card balance in full.
What is a credit card billing cycle and how does it work?
A credit card billing cycle is the time period between two statement dates. The length of the credit card billing cycle usually ranges from 30 to 50 days, depending on the card issuer. At the end of your billing cycle, your statement is generated by your card issuer, and you have until your due date to make the payment.
Can I get a loan against my credit card?
Yes, some credit cards offer a loan facility against your available credit limit, known as a ‘credit card loan.’ This loan typically has a fixed interest rate and repayment term and may not require additional documentation.
How to pay a credit card bill from another credit card?
Paying a credit card bill with another credit card is generally not advised, as it can quickly lead to a cycle of debt. However, in case you want to transfer money from your credit card to an account, you can use net banking or wallets to transfer the funds.
How can I increase my credit score with a credit card?
Improving your credit score with a credit card requires responsible usage. To build a strong credit score, always pay your credit card bills on time and in full. Additionally, keep your credit utilization ratio low to maintain a positive credit profile.
Written by: Shamik Ghosh | Reviewed By: Rohit Chhibbar |
News on Credit Cards
Changes in Ixigo AU Credit Card Rewards Program – 03 December 2024 |
Effective 22 December 2024, Ixigo AU credit card users will not accrue any reward points on rent, govt., educational and BBPS transactions. Moreover, even though the cardholders will have zero forex mark-up charges, reward points earnings will no longer apply on international card spends. Utility and telecom bill payments and insurance spends will now earn 1 reward point for every Rs. 100 spent, though the rewards earnings on every insurance transaction are going to be capped at 100 reward points. |
YES Bank Revises its Credit Card Features – 02 December 2024 |
YES Bank has made certain updates regarding the rewards subscription plans, lounge access benefits and YES Rewardz points redemption capping for its credit card users. The bank has now limited the credit card reward points earnings via subscription plans and the credit cardholders can now redeem their earned reward points for only up to 70% of the invoice value of the flight or hotel bookings every month. Moreover, from 1st Apr 2025 onwards, YES bank is going to apply spend-based conditions on the complimentary airport lounge access according to which the cardholders must reach the quarterly spending threshold to be eligible for this benefit. |
NPCI Launches Spend-based Lounge Access Policy for RuPay Credit Cards – 26 November 2024 |
NPCI has introduced a spend-based lounge access policy for RuPay credit cards, effective January 1, 2025. RuPay credit cardholders can access an exclusive lounge at Terminal T3 of IGI Airport, New Delhi, offering amenities like food, drinks, entertainment, and more. Depending on their RuPay card variant (Select, Platinum, or higher) and quarterly spends, cardholders can earn 2 to unlimited complimentary lounge visits every quarter. |
NPCI Asks Banks to Bring Parity of Rewards Benefits for RuPay Credit Cards – 7 August 2024 |
NPCI has asked banks to bring uniformity in the rewards and benefits offered on cards, irrespective of their network providers, from 1st September 2024 onwards. This would ensure that the RuPay credit cards would no longer offer a lower rewards rate or limited benefits. RuPay cardholders will now be able to avail the same card benefits as their Visa or Mastercard counterparts on all their card transactions, including UPI payments. |
Revision of Charges on HDFC Credit Cards & HDFC PayZapp – 5 July 2024 |
HDFC Bank has updated its fees and charges for credit cardholders effective August 1, 2024. Rent, Fuel, Utility and Education payments made through third-party apps will incur a 1% fee. In addition to this, a charge of 1.5% will apply on loading money to the PayZapp wallet using credit cards. However, the fee for transferring money from the PayZapp wallet to a bank account has been reduced from 2.5% to 1%. |
6 Comments
If i don’t activate my credit card can they charge me
On getting a new credit card, you are required to activate it within 37 days of issuance. If you do not activate the card within this period, the card account will be closed by the issuer. In such cases, even when the card comes with an annual fee, you are not liable to pay it.
how much cibil score required for hdfc credi card
In general, a credit score of 750 and above has a higher chance of approval for a credit card application.
My sallry is 40k. Can I apply for hdfc regalia card?
The minimum salary requirement to apply for HDFC Regalia Gold Credit Card is Rs. 1.5 Lakh per month. However, for salaried Government employees it is Rs. 1 Lakh per month.