Credit Cards

The 8 New Best Credit Cards In India for 2015

8 Of The Top credit cards in India in 2015

There are many different credit cards available, each offering certain advantages. Picking the right card means getting the features that will prove most beneficial for you. The rightcredit card may also help you manage your credit better, which in turn will ensure a good CIBIL score. We’ve put together a list of the 8 best credit cards in India in 2015, so take a look and make an informed choice before applying.

 

  • ICICI Instant Platinum Credit Card                                                      icici platinum.cibilscore.in

This is a good card for shopping. Take a look at its main features, advantages, and disadvantages.

Features

  • You can get instant access to it (Well, that’s why it is called Instant Platinum Card). To get this card, you need to open a fixed deposit with the bank. The minimum amount is 20,000 INR and the minimum period for which you must have the fixed deposit is 180 days.
  • Monthly overdue interest charge is 2.49 percent, and yearly charge is 29.88 percent. The interest, however, is levied in two scenarios only: zero payment or part payment. No interest is levied when you pay the outstanding in full.
  • There is no annual fee
  • 2.5 percent fuel surcharge (HPCL pumps) for transactions upto 40,000 INR
  • Available only to Indians of 18 years or above

Advantages

  • Good for shopping
  • No fee charged for joining. No annual fee
  • 15 percent discount on top eateries
  • Get 200 INR off on cinema tickets per month

Disadvantages

  • Standard Chartered Inner Circle Titanium Credit Card     titanium credit card cibilscore.in

Like all Standard Chartered cards, this card too is globally accepted, and so is a good option for regular shoppers with everyday purchases.

Features

  • A free discount coupon for INR 2500
  • Zero joining and annual fee
  • 5 percent cash back offer at all Auchan Stores
  • Redeem points gathered at all Lifestyle Stores

Advantages

  • Cards from Standard Chartered are accepted everywhere. Shoppers can shop anywhere anytime with this card in their wallet
  • Pay the bills online or through cheque collection boxes

Disadvantage

  • The interest rate is higher than normal. Monthly interest of this card is 3.1 percent while annual interest is 37.2 percent. However, zero interest is levied when you pay the outstanding in full
  • APPLY HERE
  • Standard Chartered Platinum Rewards Credit Card   best credit cards india 2015 cibilscore.in

This card is a good choice for those who frequently dine out.

Features

  • Only for those who earn INR 25,000 or above per month
  • Joining fee is INR 399. No annual fee for the first year. After that, INR 750 is charged as renewal fee.

Advantages

  • Get 5 points for every INR 150 you spend at selected eateries
  • Get 5 points for every INR  150 you spend on fuel
  • Get  5 points for every INR 150 you spend at selected hotels
  • Zero joining or annual fee when you apply for the card online

Disadvantages

  • The interest rate is higher than normal. Monthly interest of this card is 3.1 percent while annual interest is 37.2 percent. However, zero interest is levied when you pay the outstanding in full
  • APPLY HERE
  • Indian Oil Titanium Citibank Credit Card  citibank-indianoil-titaniumcard cibilscore.in

This card is an attractive option for people with high fuel consumption.

Features

  • Get 4 points on every INR 150 you spend on Indian Oil petrol pumps. Redeem these points for purchasing fuel (one turbo point gives you one rupee’s worth of free fuel)
  • Get 4 points for every INR 150 you spend on purchases from online shopping sites like jabong.com, Amazon, myntra, Book My Show, etc.
  • Get 2 turbo points on every INR 150 you spend at supermarkets and groceries

Advantages

  • No annual fee for users who spend INR 30,000 or above in one year. Those who spend less must pay INR 1000 as annual fee
  • Redeem points for purchasing fuel
  • Check the points you have collected via an SMS

Disadvantages

  • The interest rate is higher than normal. Monthly interest of this card is 3.25 percent while annual interest is 39 percent
  • APPLY HERE
  • Citibank Platinum Credit Card  Best_Credit_Cards_India CIBILSCORE.IN

This is a great card for people who travel a lot.

Features

  • Get 1 point on every INR 125 you spend
  • Get attractive discounts on travel, dining, and entertainment
  • Keep a track on the account using the CitiAlert feature
  • Pay in easy, convenient installments by opting for the Click-an-EMI feature

Advantages

  • Zero entry fee. No annual fee
  • Know the awards earned via an SMS

Disadvantages

  • Interest rate on a little higher side: 3.25 percent monthly and 39.00 percent annually. If you fail to pay the full balance on time, interest can accumulate quickly, and you might end up paying significantly more than the principal amount.
  • APPLY HERE
  • Yatra SBI Credit Card  yatra SBI credit card CIBILSCORE.in

It is an excellent card for bill payments and travel.

Features

  • Receive a Yatra.com travel voucher worth INR 8,250
  • Conveniently pay utility bills such as insurance, electricity, and telephone
  • Pay in easy, convenient installments using the flexi pay feature
  • Receive monthly e-statements. Receive mobile alerts to learn about the credit card status

Advantages

  • Get 6 points on purchases from Yatra.com. Get as many points on your grocery purchases
  • Redeem points collected for Yatra.com vouchers
  • Get as many as 6 points on tickets that you purchase from Yatra.com
  • Cardholders can access premium MasterCard airport lounges in the country
  • Pay bills through a cheque. Locate the drop box nearest to you via an SMS. You can pay bills online too
  • Get 100 rupees’ worth of fuel surcharge every month. This facility can be availed only if you buy 500 rupees to 3000 rupees’ worth of fuel every time you use this card for fuel purchase

Disadvantages

  • You’ve to pay an entry fee of INR 499. There’s an annual fee too (INR 499) which you’ve to pay
  • Interest rate is high. 3.35 percent monthly and 40.02 percent yearly
  • Getting a replacement card will cost you INR 100
  • The fee for cheque dishonor ranges from INR 350 – INR 500. INR 90 is charged for cheque pick up
  • APPLY HERE
  • SBI Gold Credit Card  sbi-gold-cibilscore.in

This is one of the better cards for paying your utility bills.

Features

  • Conveniently pay your utility bills such as telephone, electricity, and insurance
  • Pay in easy monthly installments using the flexi pay feature
  • Know the status of your card through mobile alerts. Receive monthly e-statements on your email address

Advantages

  • Accepted worldwide. You can use in more than 24 million outlets
  • Withdraw cash from MasterCard/Visa ATMs
  • Purchase airline and railway tickets online using it
  • Pay bills via a cheque that you can drop in a nearby cheque dropbox facility (know the location of drop boxes near you via an SMS). You can also pay bills online

Disadvantages

  • You’ve to pay an entry fee of INR 299 as well as an annual fee of INR 299
  • Interest rate is a little high. 3.35 percent monthly and 40.2 percent yearly
  • You will have to pay a fee in range of INR 350 to 500 in case your cheque is dishonored. There is also an INR 90 rupees charge for cheque pick up.
  • You will have to pay INR 100 for a replacement card
  • APPLY HERE
  • HDFC Solitaire Credit Card   solitare_credit_card best cards india 2015 cibilscore.in 

Move away men; this card is designed specifically for women and comes with many attractive offers for shopping

Features 

  • Exclusively for women and offers many attractive deals for shopping
  • Every six months you receive a 1000 rupee’s worth of Shopper Stop gift vouchers
  • On every billing cycle get a 250 rupee’s worth of fuel surcharge
  • Get 3 reward points for every INR 150 you spend

Advantages

  • Zero liability after you inform the bank about the loss of card
  • Get a cash back of upto INR 4000 for every INR 500000 you spend
  • Accumulate as many as 2,880 points from just two activities—buying groceries and dining
  • If you hold a fixed deposit with the bank and have taken the card against it, you will be charged an interest rate that is only 1.99 percent monthly and 23.88 percent monthly. For others, the interest is a little on the higher side—3.4 percent monthly and 40.88 annually
  • On every billing cycle get a 250 rupee’s worth of fuel surcharge
  • Spending INR 10000 in 90 days after receiving the card will result in waving off the membership fee for the first year

Disadvantages

  • You’ve to pay an annual fee, which is INR 999
  • The interest rate is significantly higher at 3.4 percent monthly and 40.88 annually when   not taken against a fixed deposit
  • APPLY HERE
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