Top Credit Card Comparison 2024

The credit card industry in India has grown by 20% annually over the last 7 years. This growth is due to more people using digital payments and improvements in technology.

As a result, the industry has seen changes such as easier sign-up processes, different types of cards, personalised offers, rewards, and better mobile apps. Credit card companies are working hard to bring more innovation and awareness to this sector. 

In this blog, we will look at the top credit cards in India for 2024. These cards are chosen based on their features, benefits, and rewards. Whether you travel often, love shopping, or prefer cashback, there's a credit card for you.

Top Credit Cards in India

Know them in detail ⤵

1. Axis Atlas Credit Card

Joining and Annual Fee: ₹5,000

The Axis Atlas Credit Card is a travel-focused card targeting frequent flyers and travellers. It offers a rewards program through EDGE Miles, lounge access, travel benefits, and insurance covers.

Benefits of Axis Bank Atlas Credit Card:

• 5 EDGE miles for every ₹100 you spend on travel.
• Platinum Tier Membership when you spend over ₹15 lakh in a year.
• 10,000 EDGE miles when you spend over ₹15 lakh in a year.
• You get up to 20% discount when you dine with partner restaurants.
• 2,500 bonus EDGE Miles upon card activation and making your first transaction within 37 days.

To know more in detail, please read about the Axis Atlas Credit Card review.

2. HDFC Millennia Credit Card

Joining and Annual Fee: ₹1,000

HDFC Millennia Credit Card is a cashback credit card specifically designed for millennials, a generation known for its tech-savviness and preference for online shopping and entertainment. The card offers attractive cashback rewards on everyday spending categories that resonate with millennials, making it a good fit for their lifestyles.

Benefits of HDFC Bank Millennia Credit Card:

• Earn up to 5% cashback on spending with popular online merchants like Amazon, Flipkart, Swiggy, Zomato, and many more. You can also get 1% cashback on all other purchases, including EMIs and wallet transactions.
• Spend ₹1 lakh in a quarter and get either complimentary access to airport lounges or a voucher worth ₹1,000.
• Annual fee waiver: Easily waive the annual fee by spending ₹1 lakh in a year.
• 1% fuel surcharge waiver at all petrol pumps across India.
• Zero lost card liability.
• Exclusive dining discounts via the Swiggy Dineout program at over 20,000 restaurants.
• Contactless payment option for faster and more secure transactions and much more.

To enjoy the benefits, please apply for the HDFC Bank Millennia Credit Card.

3. American Express SmartEarn Credit Card

Joining and Annual Fee: ₹495

The American Express SmartEarn Credit Card is targeted towards frequent online shoppers. It caters to this segment by offering reward points on purchases, along with some additional benefits that can enhance the online shopping experience. It has a low joining fee of ₹495 and offers rewards points on every purchase.

American Express SmartEarn Credit Card Benefits:

• Free Zomato Gold Membership
• 10X points on Flipkart, Myntra, BlinkIt, Uber, Nykaa, Ajio, PVR, BookMyShow
• ₹500 cashback after spending ₹10,000 in the first 3 months and much more

To know more in detail, please read about the American Express SmartEarn Credit Card Review.

4. HDFC Diners Club Black Metal Edition Credit Card

Joining and Annual Fee: ₹10,000

HDFC Diners Club Black Metal Edition Credit Card is a premium credit card designed for individuals who appreciate luxury travel and experiences, as well as those who make frequent high-value purchases. It offers a comprehensive suite of benefits that cater to these lifestyles, including reward points for everyday spending, travel privileges like airport lounge access and concierge services, exclusive discounts and rewards at high-end restaurants and golf courses, and much more.

HDFC Bank Diners Club Metal Credit Card Benefits-

• Unlimited airport lounge access
• 6 free golf games every quarter across the finest courses in the world
• Free annual memberships of Club Marriott, Amazon Prime, and Swiggy One as a welcome benefit
• 10,000 bonus Reward Points on spends of ₹4 lakh every calendar quarter
• 2X Reward Points on Weekend Dining
• 5 Reward Points for every ₹150 spent
• Up to 10X Reward Points via SmartBuy and much more.

To enjoy the benefits, please apply for the HDFC Diners Club Black Metal Edition Credit Card.

5. SBI Cashback Credit Card

The Cashback SBI Card offers a cashback reward program, incentivising you to use your card for everyday purchases. This can be a great way to save money on your monthly expenses, especially if you're someone who makes frequent purchases.

Cashback SBI Card Features-

• 5% cashback on all online transactions, regardless of the merchant or category
• 1% cash back on all your offline purchases
• 1% waiver on fuel surcharge across all petrol pumps in India for transactions between ₹500 and ₹3,000.
• Convenience and security of contactless payments and much more.

To know more in detail, please read about the SBI Cashback Credit Card.

Conclusion

It is crucial to select a credit card that matches your spending patterns and financial objectives. Before applying for a credit card, compare the various options, carefully review the terms and conditions, and understand the associated fees and charges. Keep in mind that a credit card can be a valuable financial instrument if used prudently. Therefore, choose the most suitable one for yourself and take advantage of the benefits it offers.