Credit Cards Featured

5 Best Credit Cards For Women In India

Review Of IndusInd Platinum MasterCard

Indian Women Dominate Spending, Saving

10 Guaranteed Ways To Improve Your CIBIL Score NowIt is believed that women spend more than men in their shopping sprees, which we won’t disagree with. Nonetheless, they are proven better savers than men and know how to handle their expenses. Seeing this, many credit card companies have come out with specific credit cards that are tailored according to the spending habits of women. And, if the cards are not particularly customized for women, they provide various benefits and features that can highly reward them along the way. So, let us have a look at the best 5 credit cards of 2016 for women.

1. HDFC Solitaire

The HDFC Solitaire credit card is exclusively designed for the ladies. It offers you gift vouchers from Shoppers Stop worth Rs. 1000, when you spend a minimum of Rs. 75,000 within 6 months. Besides this, you can also earn 3 reward points for every Rs. 150 that you spend using this card.

These reward points can be redeemed for gift vouchers from the Rewards Catalog of HDFC bank. In addition to this, you get 50% more reward points on your grocery and dining out expenditure. The card comes with an annual fee of Rs. 599, which is waived off if you spend atleast Rs. 50,000 per year with this card.

2. Citibank Rewards Card

The Citibank Rewards Card enables you to make the most out of your credit card. It offers 2,500 bonus points when you sign up for this card. In addition to this, whenever you shop with the Citibank Rewards Card, you get rewarded every single time. For instance, when you sign up for add-on credit card, spend a particular amount of money during a quarter, subscribe to online statements, on your birthday, and so on.

Moreover, when you spend Rs. 125 at department, apparel, and other 100 participating stores with this card, you receive 10 reward points. And, on all other purchases, you earn 1 reward point. These points can be redeemed instantly at more than 700 e-shopping partners and outlets for several options, such as fuel, airline miles, online shopping, cash back, gift vouchers, Citibank merchandise, etc. Also, there is no expiry date for its reward points.

3. Standard Chartered Inner Circle Platinum

The Standard Chartered Inner Circle Platinum credit card is ideal for women who regularly shop at Inner Circle-affiliated and Lifestyle stores. It offers up till 6% value back or 9 times reward points at all Inner Circle-affiliated and Lifestyle stores, in addition to 5% cash back at Auchan stores. When you sign up for this card, you receive discount vouchers worth Rs. 2,500.

And, when you spend Rs. 100 at Home Center and Lifestyle stores, you receive 9 reward points and 2 reward points on spending Rs. 100 on all other purchases. You can redeem all your reward points at Lifestyle and other participating stores. The best thing about the Standard Chartered Inner Circle Platinum credit card is that you get it free for life.

4. American Express Payback

The American Express Payback credit card in partnership with PAYBACK loyalty program offers reward points for everyday activities, such as watching movies, refueling, traveling, eating out, shopping, etc. The points that you earn with this card can be redeemed at PAYBACK’s several in- stores, retail stores or online partners or for rewards given in the PAYBACK rewards catalog.

The card charges Rs. 750 as its joining fee plus taxes. But, to offset this fee, it offers 6 additional reward points per Rs. 100, when you spend a minimum of Rs. 15,000 within the initial 60 days of opening your card account. For other purchases, you receive 3 reward points per Rs. 100. And, when you make purchases at its participating restaurants, grocery stores and fuel stations each month, you earn a free movie coupon for two people worth Rs. 700 every month.

5. ICICI Bank Coral Credit Card against fixed deposit

The ICICI Bank Coral Credit Card against fixed deposit is perfect for women who are homemakers. It charges Rs. 500 as joining fees, but offers unlimited cash rewards to cardholders. Plus, you can earn double rewards on groceries, at supermarkets, and on dining out. When you dine at more than 800 of its affiliated restaurants, you get to save a minimum of 15%. You can also get one free movie ticket, when you buy one film ticket through a week and complimentary access to airport lounges affiliated with Visa.

And, since this card is offered against your fixed deposit account with ICICI bank, the card as well as your fixed deposit account will be linked together with a lien marked on your account. You will be given 85% of the amount in your fixed deposit as your credit limit and if you fail to pay the card dues within 60 days of the payment due date, the bank will recover the outstanding amount from your fixed deposit.

Viveka Rao

About Viveka Rao

Viveka Rao is post grad in finance and a freelance writer here at CreditSmart. A love for shopping and travel rewards has fueled her interest in personal credit, and making the most of rewards programs. She writes to educate other consumers in making great financial choices.

View All Posts

Leave a Comment