Credit Cards From Leading Indian Banks In 2023

Introduction Credit Cards From Leading Indian Banks

Credit cards from leading Indian banks credit cards are a practical means of payment that let users complete secure, speedy transactions. You may pay for your groceries, vacation, entertainment, and even your rent. Using a credit card to pay rent has many benefits, including reward points. Maintaining one’s credit score is facilitate by paying credit card bills on time. For those who wish to raise their credit score, the majority of institutions provide secured credit cards.

 


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What Is Credit Card

The payment of a cash deposit to the bank serves as collateral for a secured credit card. Those with no credit history or a short credit history are eligible for this card. The secure credit card’s credit limit is the amount you paid for it.

 

Credit Cards By Leading Indian Banks

Credit Card Minimum FD amount Annual fee
SBI Card Unnati Rs 25,000 Nil (Rs 499 from 5th year)
ICICI Bank Instant Platinum Credit Card Rs 30,000 Nil
Axis Insta Easy Credit Card Rs 25,000 Nil
Kotak 811 #Dream Different Credit Card Rs 10,000 Nil
Bank of Baroda Prime Credit Card Rs 15,000 Nil

SBI Unnati Card

With a plethora of features and advantages, the SBI Unnati Credit Card is ideal for anyone seeking a straightforward credit card for regular use.

Features

  • One reward point for each rupee that is spent.
  • 500 payback within 15 days as an achievement incentive for spending Rs 50,000 or more a year.
  • Waiver of a 1% fuel levy on fuel purchases between Rs. 500 and Rs. 3,000
  • Permits EMI balance transfers and the transfer of whole outstanding balances from credit cards issued by other banks to the SBI Unnati credit card. It offers affordable EMI loan rates, which range from 0.75% for six months to 50% for three months.
  • A 20–50 day interest-free credit period on all purchases, contingent upon the settlement of prior due liabilities

The Instant Platinum Credit Card From ICICI Bank

For people looking to strengthen their credit profiles, ICICI Bank offers a secured credit card called the Instant Platinum Credit Card.

Features:

  • 1.49% monthly interest rate
  • A Rs 100 reduction on a maximum of two Book My Show movie tickets per month
  • 15% off meals at more than 2,600 eateries by using the Culinary Treats Programme
  • For every Rs 100 spent on all purchases—aside from fuel—you will receive three Payback Points.
  • In-store contactless payment technology that is integrate for safe transactions

 

Axis Credit Card: Instant Access

Axis Bank offers the Insta Easy Credit Card, which features an adjustable credit limit and the ability to convert purchases into equal monthly installments.

Features:

  • The cardholder’s preferred credit limit may not exceed 80% of the principal amount of the fixed deposit.
  • EMI availability for purchases exceeding Rs. 2,500
  • 1% fuel surcharge exemption all throughout India
  • 15% off at affiliated eateries in India Use Visa International Global Card Assistance Services to report a lost or stolen card and get a replacement in an emergency.

 

Credit Card Kotak 811 #Dream Different

There are no annual or membership fees for this Kotak Mahindra Bank secured credit card, which is available for free for life. Up to 90% of the fixed deposit amount is the maximum credit limit. This card is available to those who are 18 to 75 years old.

Features:

  • Every Rs. 100 purchased physically earns you 11 reward points, while every Rs. 100 spent online earns you 2.
  • Up to 90% of the credit amount may be withdrawn in cash, with a Rs. 300 processing fee for each Rs. 10,000 removed. Cash advances are interest-free for up to 48 days.
  • On spending Rs 75,000 in an anniversary year, get Rs 750 in cashback or four complimentary PVR tickets.
  • At all petrol stations, there is a 1% fuel price remission for purchases between Rs. 500 and Rs. 3,000. Maximum annual surcharge waiver of Rs 3,500
  • 2.5% waiver at Indian railway booking counters and 8% waiver on IRCTC site transactions, up to a yearly maximum of Rs 500.
  • Coverage of Rs 50,000 against frauds under the 811 #Dream Different Shield feature is available for seven days after reporting a lost card.

 

Prime Credit Card From Bank Of Baroda

The Bank of Baroda’s Prime Credit Card is a secured credit card that comes with a number of perks for the user, such as reward points and cashback.

Features:

  • Option to pay in installments for purchases exceeding Rs 2,500.
  • Credit with no interest for a maximum of 50 days following the date of purchase.
  • For partners, parents, siblings, or children over the age of 18, there are up to three complimentary lifetime add-on cards available.
  • 4 bonus points for every Rs 100 spent.
  • India-wide 1% fuel fee remission for transactions ranging from Rs 400 to Rs 5,000

 


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