Best Interest-Free-Period Credit Cards in India 2023

5 Free Premium Economy Ticket Vouchers every anniversary year on crossing spend milestones of:

• ₹1,50,000- 1st  Ticket Voucher
• ₹3,00,000- 2nd Ticket Voucher
• ₹4,50,000- 3rd Ticket Voucher
• ₹9,00,000- 4th Ticket Voucher
• ₹12,00,000- 5th Ticket Voucher

• CFAR Trip Cancellation Cover – With the Cancel For Any Reason trip cancellation cover, you can get a refund of up to ₹10,000 on cancelling your flight and hotel bookings made with the card, on 2 cancellations per year.
• Air accident insurance cover – ₹1 Crore
• Personal Accident cover –₹10 Lakhs
• Lost card liability cover – ₹50,000
• Cover for check-in baggage loss, delay of check-in baggage, flight delay, loss of travel documents – USD 1200

• 6 CV Points on spends up to ₹1 Lakh in each statement cycle
• 4 CV Points on spends above ₹1 Lakh in each statement cycle
• 10 CV Points on all dining spends on your Birthday
• 1 CV Point on every spend done on Fuel, Insurance, Utility, Rent & Wallet Load
• Each CV Point is earned on a spend of ₹200
• CV Points are not applicable on EMI Transactions & Cash Withdrawal
• Reward Rate: 0.8% to 4%

• Recurring benefits on Annual fee payment
  • Get 1 free Premium Economy Ticket Voucher
  • Continued access to Club Vistara Silver Membership
• Enjoy 12 free golf lessons and 4 free rounds of golf every year

• Get 1 Free Premium Economy Ticket Voucher.
• Buy a premium economy ticket and travel business class with a One Class Upgrade Voucher.
• Get direct entry to Club Vistara Silver Membership.
• Enjoy EazyDiner Prime membership: Free for 3 months.
• Enjoy BQ Prime subscription: Free for 3 months.
• Get 2000 CV Points in the first 3 billing cycles on minimum spend of ₹30000 per month.

₹10,000 coverage on cancellations of flight and hotel bookings (up to 2 claims a year).

• 12 free visits to domestic airport lounges and spas per year.
• 1 free visit to international airport lounge per quarter.
• Lounge visits activated on minimum monthly spends of  ₹5000.
• List of domestic airport lounges & Spas
• List of international airport lounges

Interest-free cash withdrawals across ATMs globally (up to 48 days)

• Enjoy unlimited complimentary lounge access at airports within and outside India at 1,000+ airport lounges using Priority Pass.
• Benefit also available for add on Priority Pass holders.

Up to 50 days of interest free period on your HDFC Bank Infinia Credit Card from the date of purchase (subject to the submission of the charge by the Merchant)

• Book stay for 3-nights and pay for two at participating ITC hotels. 
• 1+1 complimentary buffet at participating ITC hotels.

• Complimentary Club Marriott membership for a year that offers up to 20% discounts for Dining and Stay.
• 12,500 reward points upon fee realisation and card activation.

You can redeem your Reward Points on Smartbuy or Netbanking.

Reward Points can be redeemed for:

• Flight and Hotel Bookings via Smartbuy at a value of 1 RP = ₹ 1.
• Apple products and Tanishq vouchers via Smartbuy at a value of 1RP = ₹ 1.
• Airmiles conversion through net banking at a value of 1RP = 1 air mile.
• Products and Vouchers via Netbanking or SmartBuy at a value of 1 RP = up to ₹ 0.50.
• Cashback at a value of 1 RP = ₹ 0.30.
• Reward Rate- 3.3%

• Accidental Air Death cover worth ₹3 Crore.
• Emergency overseas hospitalization up to ₹50 lakhs in case of emergency.
• Credit Shield Cover for upto 9 lakhs.

• The HDFC Bank Infinia Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets. 
• Spend 10 lakhs or more in the preceding 12 months and get renewal membership fee waived off for next year.
• Unlimited Complimentary golf games at leading courses across India and select courses across the world. Unlimited complimentary Golf coaching at select golf courses across India.

1% fuel surcharge waiver at all fuel stations across India on transactions between ₹400 and ₹1,00,000.

Get a 1% waiver on fuel surcharge across all fuel stations in India with a minimum transaction of ₹400 and maximum transaction of ₹5,000. The maximum waiver per statement cycle is ₹250.

1,000 Cash Points applicable only on payment of membership fee.

Dreamefolks lounge access only if you spend ₹1 lakh or more in a calendar quarter.

This card allows the user to convert big spends to EMIs after purchases with a flexible tenure option.

Up to 50 days of interest-free period on your HDFC Bank Millennia Credit Card from the date of purchase.

At a small charge of 3.6% a month, HDFC Bank Millenia Credit Card provides its customers with a revolving credit benefit.

Up to 20% discount on partner restaurants via Swiggy Dineout.
 

In the event of a loss of this card, if informed immediately to the HDFC Bank call centre, any fraudulent transactions made on the card will not be held liable to the card owner.

• 5% cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato.
• 1% cashback on all online and offline spending, including EMI & wallet transactions except fuel.

Redeem reward points for booking flight tickets/hotels across airlines and choice of hotels.
Note- Members can redeem up to 70% of booking value through reward points. Rest will have to be paid via Credit Card.

• Air accident insurance cover worth ₹2 crore
• Emergency overseas hospitalisation of ₹50 lakh
• Travel Insurance covers up to ₹55,000 on baggage delay beyond 8 hours for international flights, capped at $10/hour.
• Credit Liability Cover of up to ₹9 lakh

• 5 reward points for every ₹150 spent.
• 10X reward points on spends via SmartBuy.
• Reward Rate: 3.33%

Note: 1 Reward Point = ₹1.
The maximum reward points that can be earned in a statement cycle is 75,000.

Up to 50 days of interest-free credit period on your HDFC Bank Diners Club Black Credit Card from the date of purchase.

6 free golf games every quarter across the finest courses in the world.
To book a golf game, reach out to the concierge via:
Call: 1800 118 887 | 022 42320226,
Email:dinersblack.support@smartbuyoffers.co

• Get 2X reward points, i.e. 10 reward points per ₹150 spent on weekend dining, capped at 1000 reward points per day.
• 25% savings off on all your restaurant bill payments via Swiggy Dineout.

10,000 bonus reward points on spends of ₹4 lakh every calendar quarter.

Free annual Club Marriott, Amazon Prime, and Swiggy One membership on spending ₹1.5 lakh within the first 90 days of card issuance. 
 

Unlimited airport lounge access to 1300+ lounges in India and worldwide for primary and add-on card members.

• For Domestic lounges, click here.
• For International lounges, click here.
   

Get Global Personal Concierge 24/7.

• Toll-free: 1800118887
• Landline: 022 42320226
• Email: dinersblack.support@smartbuyoffers.co

• 12 free golf lessons/year in India.
• One night & one dines free at select Mastercard partners globally.
• Up to 12% instant discount on worldwide hotels on Agoda.

If you happen to misplace your Swiggy HDFC Bank Credit Card, promptly reporting it to our 24-hour call centre ensures that you won't be held responsible for any unauthorized transactions made on the card. Your liability for any fraudulent activities on the Credit Card is completely waived.

3-month free Swiggy One membership on card activation. 
Swiggy One offers:

• Unlimited free deliveries.
• Extra 30% discount on popular restaurants.
• Free Delivery on Swiggy Instamart.
• 10% off on Swiggy Genie.

Up to 50 days of interest-free period on your Swiggy HDFC Bank Credit Card from the date of purchase

• 10% Cashback on Swiggy application (Food ordering, Instamart, Dineout & Genie.)
• 5% Cashback on online spends across top brands.
• 1% Cashback on other categories.
• Cashback Rate: 1% to 10%

Spend ₹50,000 and above in each calendar quarter and get ₹500 worth of gift vouchers.

HDFC Bank Moneyback Credit Card comes with a feature of Smart EMI, where major spending can be divided into small EMI amounts after purchases.

1% fuel surcharge waiver (with a cap of ₹250 per statement cycle) at a minimum spend of ₹400 to a maximum spend of ₹5000.

• Earn 2 Reward Points on every ₹150 spent (Excluding fuel transactions, wallets loads/prepaid card loads & voucher purchases)
• Earn 2X Reward Points, i.e. 4 Reward Points on every ₹150 spent online.
• Every quarter, get a gift voucher worth ₹500 on spends of ₹50,000. Earn up to ₹2,000 worth of gift vouchers in a year.
• Reward Rate: up to 0.5%

• Get up to 20% savings off on all your restaurant bill payments via Swiggy Dineout (20k + restaurants) (Offer inclusive of Restaurant and Swiggy Discount).
• Offer valid only on payments done via Swiggy App.

On payment of the joining or renewal cost, the user gets 500 Cash Points as a welcome and renewal reward.

From the date of purchase, the HDFC Bank MoneyBack Credit Card offers an interest-free credit period of up to 50 days.

HDFC Bank offers Zero Liability Protection against fraudulent credit card transactions if the loss is reported quickly and within a certain time frame to the 24-hour HDFC Bank Customer helpline.

50 days of interest free period on your HDFC Bank Moneyback+ Credit Card from the date of purchase.

500 Cash Points in exchange for paying the joining fee.

20% savings on all your restaurant bill payments via Swiggy Dineout.

1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of ₹400, Maximum transaction of ₹5,000 & Maximum waiver of ₹250 per statement cycle)

₹500 gift voucher on spends on ₹50,000 per calendar quarter.

• 10X CashPoints on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy.
• 5X CashPoints on EMI spends at merchant locations.
• 2 CashPoints per ₹150 spent on other spends excluding fuel, wallets loads/prepaid card loads, and voucher purchases.
• Reward Rate: 3.3%

If you lose your HDFC Bank Moneyback+ Credit Card, please call our 24-hour call centre right away to report it. If you report the loss right away, you are not responsible for any fraudulent credit card purchases. 

Interest-free credit period for the initial 90 days post-card issuance.

Note: To avail of the interest-free credit period, the minimum balance due should be paid.

• Ease of converting transactions above ₹2,000 into 3-month simple EMIs.
• Nil processing fee for converting the transactions into EMIs.

• Flat 2% cashback up to ₹1,000 per month on all online transactions.
• Flat 1% cashback up to ₹500 per month on all other spends. Note: Fuel transactions are not eligible for this cashback.
• Cashback Rate: up to 2%

Zero liability on any fraudulent transactions.

Note: Loss of card to be reported immediately to the bank’s 24-hour call centre.

• Complimentary 6E prime add-on. 
• Priority check-in, a choice of seat, a complimentary meal, and quicker baggage.
• Note: Available only on first-year membership fee payment.

1 complimentary IndiGo air ticket worth ₹1,500 on making 3 or more transactions in each of the first three months of card use. 

Note: Milestone Benefit is available only on first-year membership fee payment.

Up to 50 days of interest free period on your 6E Rewards - IndiGo HDFC Bank Credit Card, from the date of purchase.

₹150 discounted convenience fee on IndiGo.
 

1% 6E Rewards for every ₹100 on fuel spends.

Reward Rate: 1% to 2.5%

Up to 50 days of interest free period on your IndianOil HDFC Bank Credit Card from the date of purchase.

• 1% fuel surcharge waiver at all Indian fuel stations ​​​​​on a minimum transaction of ₹400 and a maximum CashBack of ₹250 per statement cycle.
• Earn up to 50 Litres of Free fuel annually. 
• Earn 5% of your spends as Fuel Points at IndianOil outlets (Max 250 Fuel Points per month in first 6 months, Max 150 Fuel Points post 6 months from card issuance).
• Earn 5% of your spends as Fuel Points on Groceries and Bill Payments (Max 100 Fuel Points per month on each category).
• Earn 1 Fuel Point for every ₹150 spent on all other purchases.

Zero liability on any fraudulent transactions made on your Credit Card.

Note: Applicable on immediate reporting.

Facility to convert big purchases into Smart EMIs. The range of purchases includes: 

• Insurance 
• Groceries
• Medical
• Petrol
• Utility
• Apparel
• Education
• Electronics
• Travel

Facility of revolving credit.

Note: The interest rate of 3.6% per month, i.e., 43.2% annually applicable.

Reward Rate: 0.67% to 5%

1% fuel surcharge waiver on all transactions between ₹400 to ₹5,000.

Interest-Free period of 50 Days.

• 10X or 5X reward points on all online domestic & international retail transactions.
• 10X or 5X reward points on all POS & Contactless offline domestic & international transactions.
• Reward Rate = 0.25%

4 Free Lounge visits per 90 days.

• 5% cashback 3 times over period of 90 days.
• 5% cashback for travel, dining, grocery, electronics, and apparel expenses in addition to 1 reward point per ₹100 spent.
• Additional 2% cashback 3 times over a 90 days’ period.
• 2% cashback for retail spends in addition to 1 Reward Point per ₹100 spent.

•  In an unfortunate event of loss of Credit Card, you carry zero liability up to ₹1,50,000 or your credit limit, whichever is lower on any fraudulent transactions made with card after reporting the loss to the bank.
• Also, you are protected against Card Counterfeit/Skimming and Online frauds.

25% savings off on all your restaurant bill payments via Swiggy Dineout (20k + restaurants), Offer inclusive of Restaurant and Swiggy Discount. Offer valid only on payments done Swiggy App.

With the HDFC Bank Diners Club Black Credit Card, you can change your large purchases into smaller monthly payments after you buy them.

Unlimited Airport lounge access to 1000+ Lounges in India and worldwide for primary and add-on card members. 
For Domestic Lounges, click here.
For International Lounges, click here.

All Diners Black card members can select any two monthly milestone benefits from a choice cult.fit Live 1- month subscription or BookMyShow or TataCLiQ or Ola cabs vouchers worth ₹500 every month provided your net spend ₹80,000 in a calendar month.

Find and book your flights and hotels easily! You can choose from over 150 airlines and various hotels in India and abroad at smartbuy.

• Get 6 free golf games every quarter at over 15 golf courses in India and over 100 golf courses worldwide on Diners Black Credit Card.
  For Domestic Golf Courses details, click here.
  International Golf Courses, click here

• Exclusive discounts at leading spas, salons, gyms and other wellness retreats. Click here to view details.

Enjoy the exclusive 24/7 Concierge Services on your HDFC Bank Diners Club Black Credit Card.
Call:1800118887 / Landline - 022 42320226

• Air accident insurance cover worth ₹2 crore
• Emergency overseas hospitalisation: ₹50 Lacs
• Travel Insurance Cover of up to ₹55,000 on baggage delay 
  (Capped to 10$ per hour restricted to 8 hours)                                                                 
• Credit Liability Cover of up to ₹9 Lakh

Up to 50 days of interest-free credit period on your HDFC Bank Diners Club Black Credit Card from the date of purchase.

1% fuel surcharge waiver at all fuel stations across India (on minimum transaction of ₹400. Max CashBack of ₹1000 per statement cycle)

• Earn 5 Reward Points for every ₹150/- retail spent.
• Upto 10X Reward Points on spends via SmartBuy.
• 2X Reward Points on weekend dining.
• Reward Rate- 3.3% to 33%.

Free annual memberships of Forbes Digital Subscription, Club Marriott, Swiggy One (3 months), MakeMyTrip Black Elite Tier and Amazon Prime on payment of the joining fee or by spending ₹1.5 lakhs within the first 90 days.

• Withdraw cash from any ATM across India and pay no interest for up to 50 days.

• Bajaj Finserv Health Prime Membership for Bajaj Health App for one year.
• 20% discount of upto 1000 cashpoints in a year by subscribing to platforms like Hotstar, Gaana.com, Zomato Pro, Sony Liv and more.

• 5X rewards on reaching spends of  ₹10,000 on all spends.
• Additional 8 Cash Points for every ₹200 spend.
• Maximum additional Cash Points earned by a customer will be restricted to 3000 points per month.

• 2 Cash Points on every ₹200 spent for all spends.
• 10X rewards on eligible spends done on rewards platform within DBS Card+ IN app.
• Additional 18 Cash Points for every ₹200 spend will be credited to customers account beyond 1X Rewards earn.

Convert spends of ₹2500 or more into EMIs.

5% cashback on downpayments made at any Bajaj Finserv EMI Network partner store.

1% fuel surcharge waiver for transactions greater than ₹400 and less than ₹4000.

Note: Maximum fuel surcharge waiver ₹100 per statement cycle.

Airport Lounges

• 4 free lounge access per calendar quarter within India, using your VISA Card.
• Get free lounge access within and outside the country at 1,000+ airport lounges.
• 2 free lounge access per calendar quarter, using Priority Pass at all participating lounges.

Railway Lounges

• 2 free lounge access per calendar quarter, using VISA Card at railway stations.
• Add-on cardholders can also enjoy these Railway lounge benefits within the mentioned complimentary number of visits.

Dedicated Concierge Services 24/7. Call- 1800 210 0298 (toll-free) or 022-42320298.

Earn 2,500 Bonus Reward Points on completing one retail transaction on your birthday.

• Vouchers worth ₹1000 on 1st POS retail transaction.
• 10,000 Bonus Reward Points on completing retail spends worth ₹1 Lakh.

All above benefits are applicable on retail spends done within 60 days of card set up.

• Air Accident Cover: ₹2 crore.
• Credit Shield: Up to ₹15 lakh.
• Purchase Protection: Up to ₹50,000.

• 20 Reward Points per ₹100 retail spends done on Dining at standalone restaurants.
• 10 Reward Points per ₹100 retail spends done on International transactions, Grocery and Departmental stores.
• 5 Reward Points per ₹100 retail spends done across all other merchant categories.
• 1 Reward Point is equal to ₹0.25.
• Reward Rate: 1.25% to 5.5%

Interest-free period up to 48 Days (Not applicable for cash withdrawal).

• Get free Epicure membership when you spend ₹8 lakhs or more during your credit card's anniversary year.
• Get vouchers worth ₹1,000 (from partner brands) when you spend a minimum of ₹2 lakh in one calendar quarter.
• First-year fee is waived off when ₹1.25 lakh is spent within first 90 days.
• Waiver of second-year fee on ₹5 lakh spends in the previous year.

1% Fuel Surcharge Waiver for fuel transactions done across all fuel stations in the country (maximum ₹1,000 per statement cycle).