Choose a credit card with best features, rewards & offers for maximum benefits
Select type of employment
Annual Income
Profession/Company
Select your city
Joining & Annual Fees

Annual Fee - Rs 500
Get 5% Cash Back for spends on Movies
Get 5% Cash Back for spends on telephone bill payments
Get 5% Cash Back for spends on utility bill payments through Citi Bill pay*
Get 0.5% Cash Back for all other spends
Citi Cash Back Card
Joining & Annual Fees

Annual Fee - Rs.1000(Rs 0 with a spend of Rs.30000 or more in a membership year
Get 1,500 bonus points on first-spend made within 30 days of Card issue*
Earn 10X rewards at apparel & departmental stores & select partners like Flipkart and Makemytrip.com*
Citi Rewards Card
Joining & Annual Fees

Welcome Benefit of 5000 Reward Points on payment of membership fees & joining fee(as applicable)
Earn 4 Reward Points on Rs 150/- Credit Card spends
Dedicated Concierge Services and Dining offers
Access to 500+ worldwide Airport Lounge under Club Lounge program (including domestic lounge)
HDFC Bank Diners Premium
Joining & Annual Fees

Joining Fee - As applicable by Bank
Annual Fee - As applicable by Bank
Enjoy 200% more Reward Points* on all your online spends
2 Reward Points for every Rs. 150 you spend
Fuel Surcharge Waiver Zero liability on lost of card
Get first year fee reversed by spending Rs. 10K in first 90 days
HDFC Bank Moneyback Credit Card
Joining & Annual Fees

Joining Fee - As applicable by Bank
Annual Fee - As applicable by Bank
10X Reward Points on your online shopping, travel, and more
15% discount on dinning Redeem Reward points for booking Air Tickets / Hotels
Air accident cover of Rs. 50 lakhs
Get first year fee reversed by spending Rs 15K in first 3 months
HDFC Bank Diners Club Rewardz
Joining & Annual Fees

Joining Fee - As applicable by Bank
Annual Fee - As applicable by Bank
Complimentary Priority Pass Membership and MasterCard Lounge program Fuel Surcharge Waiver
Enjoy redemption of Reward Points at over 20 international airlines through
KrisFlyer - Singapore Airline's Frequent Flyer Program
Redemption of Reward Points against air miles on Jet Airways, and Air India. You can also redeem your Reward Points 50% and more rewards points for dinning out
HDFC Bank Doctor's Superia Credit card
Joining & Annual Fees

Joining Fee - As applicable by Bank
Annual Fee - As applicable by Bank
Earn 3 Reward Points for every Rs.150 spends. 50% more Reward Points on grocery & dining spends
Earn shopping voucher from Shoppers Stop worth Rs.1,000 on cummulative spends of Rs. 75,000 within 6 months (limited to 2 per annum)
Redeem reward points againt air miles/ air vouchers of leading domestic airlines or for exciting gifts from rewards catalogue.
HDFC Bank Solitaire Credit Card
Joining & Annual Fees

Annual Fee - Rs.1000(Rs 0 with a spend of Rs.30000 or more in a membership year)
1 Turbo Point = Re 1 Free Fuel.
4 Turbo Points on Rs.150 spent on fuel at authorized IndianOil Retail Outlets*.
2 Turbo Points on Rs.150 spent at grocery stores and supermarkets".
Indian Oil Citibank Card
Joining & Annual Fees

Annual Fee - Rs.499 (one time) Renewal Fee - Rs.499 (per annum)
Enjoy 10X Reward Points on Dining, Grocery, & Movie spends.
2,000 Bonus Reward Points on spends of Rs.2000 in first 60 days.
2.5% Fuel surcharge waiver across all petrol pumps.
SBI SimplySave
Joining & Annual Fees

Annual Fee - Rs.2999 (one time)
Renewal Fee - Rs.2999 (per annum)
Welcome Gift Vouchers worth Rs.3000*
5X Rewards Points on Dining, Grocery, Departmental and International spends.
Spend Based Milestone Rewards worth upto Rs.6000 every year.
SBI Platinum Card
Joining & Annual Fees

Annual Fee - Rs.4999 (one time)
Renewal Fee - Rs.4999 (per annum)
Welcome e-gift voucher worth Rs. 5,000.
2 complimentary movie tickets worth Rs. 500 every month at bookmyshow.com.
Upto 50,000 Bonus Reward Points on annual spends.
SBI Card Elite
Joining & Annual Fees

Joining Fee - As applicable by Bank
Annual Fee - As applicable by Bank
2 Reward Points per Rs. 150 spent.
3X Reward Points on weekend spends.
500 Reward Points on Teacher's Day (Sept 5th) every year.
Earn 2,400 Reward Points or more in a year on weekend shopping alone!
HDFC Bank Teacher's Platinum Credit Card
Joining & Annual Fees

Joining Fee - As applicable by Bank
Annual Fee - As applicable by Bank
3 Reward Points (RP) on Rs.150 spent.
Double Reward Points on shopping at www.hdfcbankallmiles.com
1 Reward point=0.75 miles across 500 International & Domestic airlines
Complimentary Priority Pass Membership and VISA/MasterCard Lounge program.
HDFC Bank All Miles Credit Card
Joining & Annual Fees

Joining Fee - As applicable by Bank
Annual Fee - As applicable by Bank
Complimentary Airport Lounge Access through Priority Pass Membership.
Lowest Foreign Currency Mark-up Fee of 2% on international transactions
Upto 15% discount and more on dining at leading five-star hotels Complimentary Taj InnerCircle Gold membership
HDFC Bank Regalia Credit Card
Joining & Annual Fees

Annual Fee - Rs.499 (one time)
Renewal Fee - Rs.499 (one annum)
Earn 10X rewards on online spends with exclusive partners - Amazon / BookMyShow / Cleartrip / Foodpanda / FabFurnish / Lenskart / OLA / Zoomcar.
Amazon.in Gift Card worth Rs.500 on joining.
Earn 5X rewards on all other online spends.
SimplyCLICK SBI Card
Joining & Annual Fees

Annual Fee - Rs.1499 (one time)
Renewal Fee - Rs.1499 (per annum)
Welcome gift of 5000 Rewards Points.
Rs.100 spent on Air India tickets = 10 Reward Points.
Card Anniversary gift of 2,000 Reward Points*, every year.
Upto 15,000 Bonus Reward Points* on annual spends of Rs.2 lakh & above.
Air India SBI Platinum Card
Joining & Annual Fees

Annual Fee - Rs.4999 (one time
Renewal Fee - Rs.4999(per annum)
Welcome gift of 20,000 Rewards Points
Earn 20 Reward Points for every Rs.100 spent on Air India tickets.
Complimentary Air India Frequent Flyer membership.
Upto 1,00,000 Bonus Reward Points* on annual spends.
Air India SBI Signature Card
Joining & Annual Fees

Annual Fee - Rs. 499 (one time)
Renewal Fee - Rs.499(per annum)
Free Gift Voucher* worth Rs.500 redeemable on fashion at any Big Bazaar/fbb store.
10X Rewards on all your dining spends.
Contactless Transactions. Simply wave your STYLEUP Contactless Card at a secure reader, & your transaction is done.
Fbb SBI STYLEUP Card
Joining & Annual Fees

Annual Fee - Rs.3000
Earn 10 Miles for every Rs.100 spent on all airline transactions
Earn 10 Miles for every Rs.100 spent on exclusive website www.premiermiles.co.in and with our select partners.
Redeem Miles across over a 100 domestic and international airlines
Transfer your Miles to any of our hotel & airline partners.
Citi Premiermiles Credit Card
Joining & Annual Fees

Annual Fee - Rs.500 (one time) Renewal Fee - Rs.300 (per annum)
350 bonus Reward Points on spends of Rs.500 or more within 45 days of card issuance .
Upto 10% value back as Reward Points on buying train tickets at irctc.co.in for AC1, AC2 and AC CC categories.
1.8% transaction charge waiver every time you book your train tickets at irctc.co.in.
IRCTC SBI Platinum Card
Joining & Annual Fees

Annual Fee - Rs.499 (one time) Renewal Fee - Rs.499 (per annum)
Rs. 50 bonus preloaded for your Mumbai Metro travel.
Auto top up of Mumbai Metro wallet by Rs. 200 as soon as the balance reaches Rs. 50.
Get 2000 Bonus reward points on spends of Rs. 2,000 within first 60 days.
Mumbai Metro SBI Card
Joining & Annual Fees

Annual Fee - Rs.499 (one time) Renewal Fee - Rs.499 (per annum)
Welcome Gift of Rs. 8,250 worth Yatra.com vouchers on payment of joining fee.
6X Reward Points* on Yatra.com, Departmental and Grocery store spends.
Exclusive access to MasterCard airport lounges in India.
Yatra.com vouchers worth Rs. 500 on spends of Rs. 30,000 on Yatra.com.
Yatra SBI Card
 



Credit Card Basics


The Credit card is the most divisive financial tool available. If you talk about the history of Credit cards, they started out as Simple and Standard. Each Card issuer had one card with same set of features. Today credit cards come in multiple ranges with varying features, interest rates, annual fees etc. It is really important an individual knows which Card will suit his/her lifestyle and financial situation.


A brief description of various kinds of credit cards is as follows:


Standard Credit Cards: These are the most common kind of credit cards. They do not require a security deposit to prove that the loan can be repaid. The way the Annual Percentage Rate (APR) is offered or calculated on a standard credit card may vary. For instance:

  1. Balance transfer Credit cards: Balance transfer credit cards allow consumers to transfer a high interest credit card balance onto a credit card with a low interest rate.

  2. Low interest Credit cards: Low interest credit cards offer either a low introductory APR that jumps to a higher rate after a certain period, or a single low fixed-rate APR.

Reward Cards: A rewards card can be beneficial for the right kind of user. You can earn free airline tickets, hotel stays, cash back, gift cards and even novelty vacations, etc.


Before choosing any reward card, however, one needs to consider his Credit card spending tendencies. Ask yourself are you someone who regularly pays the full monthly balance, or do you carry a balance from month-to-month? The interest rate with a rewards card is quite higher when compared to typical Credit cards. If you occasionally carry a balance, it is advised to not go for a rewards card. High interest rates coupled with late fee penalties will mean you will end up losing heavy money while chasing petty rewards.



Different types of reward cards


Cash Back: This type of credit card allows you to earn cash rewards for making purchases. The more the card is used, the more cash rewards you receive. Most cash back cards earn users around 1% of total purchases. I.e. you typically earn cash back worth Rs 100 on purchases of Rs 10,000. Some cards offer a higher cash back percentage with increased usage; others offer a higher cash back percentage at select merchants or for particular types of purchases.
Examples: Citibank Cash Back Credit Card, Shopping Rewards Card.


General Reward Point Credit Cards: In Reward points Cards, cardholders can accumulate points towards a reward structure, which is based on usage of card over the period. E.g. Cardholder is awarded 1 reward point for each rupee he/she spends. There are certain Bonus spend rewards as well for certain annual spending such as:


  Annual Spends   Bonus Reward Point
  Rs. 2 Lakh   10,000
  Rs. 3 Lakh   10,000
  Rs. 4 Lakh   10,000
  Rs. 5 Lakh   20,000

SBI signature contactless card bonus reward points


Hotel/Travel Point Credit cards: This is a genre of credit cards specific to hotels and travel. Some cards are co-branded with hotels. These credit cards allow you to earn points for all purchases, in addition to bonus points for dollars spent on stays at the respective hotel chain. You can redeem your points for free nights and upgrade at the hotel chain your card is co-branded with. Then there are broader hotel and travel cards with which points can be redeemed for travel, theme park admission, stays at major hotel chains and more.


Examples of such Cards are "Yatra SBI Card" and American Express makemytrip Card.


Gas Cards: Gas Cards with points or rebate have a high reward structure for Fuel purchases/Car maintenance. If you drive a lot, consider a gas card for more points on gasoline purchases. Gas cards come in two types: general and brand-specific. A general gas rebate card, for example, may give you 1% cash back for general purchases but rewards you with 5% back for buying gas or having auto maintenance done at any company such as Indian Oil Citibank Platinum Credit Card saves over 5% on your fuel bills.


Airline Miles/ Frequent flier credit cards: There is a subset of reward cards specifically for air travel. This type of card allows consumers to earn airline mile credits whenever they make purchases. Some cards are co-branded with a specific airline, while some are generic and can be redeemed for tickets with a variety of airlines. Points can be redeemed for airline travel, much like frequent flier miles.
Airline Specific Credit Cards: JetPrivilege HDFC Bank World Credit Card
Generic Airline Miles Cards: Complimentary Citibank PremierMiles Credit Card


Secured Credit Cards: Secured credit cards require a security deposit for approval. These cards are useful in reestablishing the credit score. The cards have an annual fee and higher annual interest rates. Most often, these cards are used to reestablish credit. A person can use the card to make small purchases that they can easily repay.


Specialty Credit Cards: These types of cards are for consumers with unique needs for their credit usage, such as business professionals and students. These credit card programs are designed specifically to meet the needs of those individuals.

  1. Business Credit Card: These cards are available for business owners and executives and have many of the same features as traditional credit cards. Some of these bonuses include: Business expenses kept separate from personal expenses; special business rewards and savings; expense management reports; additional cards for employees; and higher credit limits. Example: SBI Platinum Corporate Card

  2. Student Credit Cards: Student credit cards are specifically designed for those enrolled in accredited four-year colleges and universities to help them build a credit history from the ground up. Compared to consumer credit cards, student credit cards are often scaled back somewhat in terms of reward features and other benefits. Example: SBI ADVANTAGE Plus card.
  • WRS Info India Pvt. Ltd.
    Address: E-32, Ground Floor, Sector - 8, Noida,
    Uttar Pradesh, India - 201301
    Email: contactus@deal4loans.com
  • Facebook linkedin Twitter Google plus

    DMCA.com
    © Copyright 2016, Deal4loans, India
  • Disclaimer: Information is sourced from respective Banks websites. We don't provide Loans on our own but ensures your information is sent to bank which you have opted for and we do not charge any fee from our customers. We don't do short term loans. Deal4loans has no sales team on its own and we just help you to compare loans. We do not provide any dsa of Banks. All loans are on discretion of the associated Banks. Read More