While it comes to Credit card offers and selection, and you don’t want to keep paying the annual renewal fees …Â its a million dollar question that Which bank credit card is best with no annual fee?
The credit card market in India has been growing rapidly. Credit card penetration is still low, but the number of cards issued has been increasing by over 20% annually. The number of credit cards issued in 2017 was about 50 million, according to Reserve Bank of India data.
The best credit cards in India are those that offer the lowest annual fees and other benefits. These include rewards points, cash back offers, and discounts for using the card for certain transactions.
In this article I will be talking about Lifetime free cards which I feel adds best value for you – they will suit your needs with the current offers (in 2022).
These top 5 Credit Cards in India 202 surely offer privileges that too without spending a rupee .. what I mean is there is no high joining and annual fees.
Mostly all banks do have range of credit cards for offer and I have researched and studied most of the good offers from these top banks in India to filter out lifetime free cards that provide the best of both worlds: charge zero joining or annual fees, but will give you plenty of benefits.
So as usual I first study on my own .. then filter out to remove the noise and then put selected top credit cards in tabular format where you can easily compare them in a glance to take final decision.
Also now a days since YouTube is trending, I also do make video and post it on my Channel TrekBook India so you can directly jump to the video to listen what I think about each credit card and what is the logic?
While selecting the BEST Credit Cards in India 2022 with NO Annual Fee – Lifetime free cards I have given careful attention to the points like –
- Credit Cards that provide Free movie tickets each month
- Cards that give you Free Airport lounge access each quarter (best for frequent travelers)
- Those cards which offer Free Railway lounge access each quarter (best for frequent travelers)
- Credit card that give you interest free cash withdrawal facility
- Credit cards with lowest interest rate
- Cards which give you ample reward points for your offline or online spends
- Amazon Festival Offer Credit cards like SBI, ICICI, Axis etc
- Flipkart Festival offer credit cards like SBI, ICICI, Axis etc
So lets begin with the comparison table for credit card offers without annual fees
== Get BEST Credit Card OFFERS ==
You can simply click below links to go to the respective websites quickly, this is done so that you need not keep searching for websites and waster your time 🙂
SBI Simply Click Credit Card |
https://trekbook.in/sbi |
Axis My Zone Card |
https://trekbook.in/axis |
AU bank Altura |
https://trekbook.in/aubank |
IDFC First |
https://trekbook.in/idfc |
 ICICI Bank Platinum Chip |
https://trekbook.in/icici |
== BEST Credit Card OFFERS ENDS HERE ==
BEST Credit Cards in India 2022 with NO Annual Fee
Below is the comparison chart made by HowzBuy India way, which is simple to understand and at a glance you will be appreciate the comparison of specifications and offers from different credit card companies in India for the year 2022.
Things like Welcome offers, Joining fees, Reward points, Dining offers for hotels and restaurants, free movie tickets, airport lounge free access, railway lounge free access and interest free cash withdrawal are main points for comparison table prepared by me after through research.
Green background in the cell indicates that there is positive point with respect to the other credit cards.
In above table I have highlighted cells in Green where I feel there are advantages over other credit card.
Although the table is self explanatory – I will explain things in details now —-
Top 5 Credit Cards in India 2022 with NO Annual Fee
-
IDFC First Select Credit Card
-
Axis My Zone Credit Card
-
ICICI Platinum Chip Credit Card
-
SBI Simply Click Credit Card
-
AU bank Altura Credit Card
IDFC First Select Credit Card
- Lifetime Free No Joining | No Annual Fee
- Dining – Upto 25% across 1,500 restaurants , on all cards
- movie – Buy one, get one free on movie tickets up to ₹250 on Paytm app twice/month)
- 1% fuel surcharge waiver – Max Rs 300 PM
- Airport lounge access – Complimentary Visits per quarter 4 Domestic airport lounge 4 Railway lounge
- Overdue interest – Monthly Rate – 2%
- Cash withdrawal – Interest free cash withdrawal from ATM upto 48 days
- Gift voucher – 500 Rs Gift Vouchers (Spend 15K/first 90 days)
- Reward points – 10X for spends above ₹ 25K 3X offline store purchases & 6X for online purchases
Axis My Zone Credit Card
- Lifetime Free No Joining | No Annual Fee
- Welcome offer – Complimentary SonyLiv Premium Annual Subscription
- Dining – 40% Off on Swiggy Orders 20% off restaurants in India
- Movie – Buy One Get One free on movie tickets with Paytm
- 1% fuel surcharge waiver – At all fuel stations in India
- Airport lounge access – 1 complimentary domestic lounge visit per quarter
- Overdue interest – 3.6% per month
ICICI Platinum Chip Credit Card
- Lifetime Free No Joining | No Annual Fee
- Reward points – Earn 2 points for every Rs. 100 spent except fuel
- Dining – Min. 15% discount at over 2600 restaurants in India
- 1% fuel surcharge waiver – At HPCL Petrol Pumps if swiped on ICICI MS swipe machine
- Overdue interest – 3.4% per month
SBI Simply Click Credit Card
- Joining fee of 499 Rs + 500 Rs Amazon Gift Voucher 2K e-voucher (spend 1L/year)
- Reward points – Earn 1 reward point on every Rs 100 spent on the card
- 10X online Amazon, Cleartrip, BookMyShow, FoodPanda, UrbanClap, and Lenskart
- 1% fuel surcharge waiver – Transaction = 500 to 3K Max Rs 100 PM
- Overdue interest – 3.65% per month
AU bank Altura Credit Card
- Fees – Rs. 199 (Free if you spend) 1st Year 10K within 90 days 2nd year onwards spend 40K
- Welcome offer – 150 Rs in 60 days (Spend 2.5K = 5% cashback)
- Reward points – a) 50 PM (2% retail & utility) b) 50 PM (1% MISC)
- 1% fuel surcharge waiver – Transaction = 400 to 5K Max Rs 100 PM (All pumps)
- Complimentary Visits per quarter 2 Domestic airport lounge + Railway lounge
- Overdue interest – 3.49% per month
BEST Credit Cards in India 2022 with NO Annual Fee – Lifetime free cards
Top 5 credit cards with no annual fee – Lifetime free cards
Top 5 credit cards with no annual or joining fee
Explore the best lifetime free credit cards in India. Find, compare and apply for credit card with no annual charges. Choose the card based on your needs and enjoy reward points, cashback, sign-up bonus and much more.
Introduction: The Best Credit Cards in India
The credit card is a plastic card that you can use for making purchases. It is basically a small piece of plastic with a magnetic stripe on the back. The credit cards are issued by banks and other financial institutions.
A credit card helps you make purchases without having to carry cash or use checks. You can use your credit cards to buy goods and services from any business that accepts them as payment method. When you make a purchase, the business charges your account and sends the bill to your issuer who will then send you a statement at the end of each month listing all of your purchases, their prices, interest charges, late fees, etc.
Credit cards are very popular in India because they offer different benefits than debit cards do. They offer more rewards points and some even offer cash back incentives for every purchase made with them.
How to Choose the Best Credit Card for Your Needs
The credit card industry is a competitive one. There are so many different cards to choose from, and it can be tough to figure out which one is best for you.
In order to make the process easier, we’ve created this guide on how to choose the best credit card for your needs. We cover what you should consider when picking a card and identify some of our top picks for people with different lifestyles.
We hope this article helps you find the perfect credit card that suits your needs!
What are the Advantages of Owning a Credit Card?
Credit cards can be used for a variety of purposes. They are a convenient way to make purchases online and in stores, they are accepted in many countries around the world, and they can be used as an emergency source of cash.
Some credit cards offer exclusive benefits like reward points, airline miles, or cash back on purchases. Other cards provide insurance coverage against theft or damage to items purchased with the card. Credit cards also offer fraud protection if someone steals your card number and makes unauthorized purchases.
Conclusion: Why You Should Get a Credit Card Today!
With a credit card, you can purchase many things without having to worry about the money. You can also earn rewards and other benefits from your credit card.
The first thing that you might be wondering is what are the benefits of getting a credit card? Well, there are a few different benefits. The first one is that you can purchase things without having to worry about the money because if you do not have enough cash on hand, then you can just use your credit card. Another benefit of getting a credit card is that you will be able to earn rewards and other benefits from your credit card. Some of these rewards and other benefits include cash back, free flights or hotel stays, and exclusive discounts at certain places like restaurants or stores.
My YouTube Video transcript
Hello Friends,
Subject of todays video is “Best Credit Cards in India. Now my focus is clear
Credit card which you will get LifeTime FREE, No Annual Fees.
I have specifically selected such Credit Cards And my focus is in different areas.
Since many of my friends do call me some like Entertainment, watching movies, dining out, so which card is FREE and best suited for them?
Some of them travel more & need AirPort Lounge access or Railway Lounge access for FREE – I will come to the reason later (about Lounge)
or some of the Business persons needs cash withdrawal using credit card (without any fees) and some wanted Zero interest rate or lower interest rate
So I have studied all these requirements – I have selected some specific credit cards
So lets begin with my special style – Which Credit Card is best for you?
I am Mahesh from TrekBook India and after working over 30 years in Research & Development I have resigned early so that I can see my beautiful country. So always I focus on Good & Deep Study which should be useful for you all and easy to understand such simple presentations I do for you.
I have selected 5 credit cards out of which specific cards which are used during Amazon festival or FlipKart Festival etc such festivals offer heavy discount using these credit cards
for this reason I have selected 2-3 cards like SBI Simply Click Credit Card, Axis My Zone Credit Card and ICICI Platinum Chip Credit Card
you will see that these 3 credit cards are most of the time during Festival offers Amazon or Flipkart or .. or Myantra or many big online companies where you will get 10-20% OFF on using these cards.
Festival Offers on Credit Cards
Generally we remember to get the card during these festival offers !!! so better way is to start today and get the card in hand. So that whenever such festival offers are available you will have credit card ready with you so for this reason I have specially selected these 3 credit cards
- SBI Simply Click Credit Card
- Axis My Zone Credit Card
- ICICI Platinum Chip Credit Card
Remaining cards like IDFC First which I liked the most for many reasons which I will surely tell you last one is AU Altura card this also I have selected for specific reasons
now if you want to take any of these cards, simply goto the video description click on the links given & you will directly goto the specific page of credit card website
so its easy & you need not search for anything simply trekbook.in/SBI will take you to SBI card website likewise you can access to each card website
Welcome Offers on Credit Cards
now coming to the Welcome Offers. . Â which are the Welcome offers as on Oct 2022 ?
current offers I am going to tell you these offers keep changing time to time but I feel most of the time you will get these offers.
So firstly if you select
SBI Simply Click
their joining fee is definitely 499 Rs but you get Amazon gift voucher worth 500 Rs. so 500 offset 500 and you get this card for FREE
and Amazon is such that each one of you must be buying something on it, so surely this will be useful for you
so card becomes free due to the introductory offer of Amazon gift voucher you get added 2K voucher if you spend 1L Rs in a year (but that is not a must)
only with Amazon gift voucher the card becomes FREE so as per me this card is FREE for you
Axis My Zone credit card
second is Axis My Zone credit card. now they have solid offer- major is they have Life Time FREE credit card with no Joing no Annual FEES
this is major advantage. over & above you are getting1 year Sony LIV FREE subscription, which is very good
so alongwith FREE card you got 1K introductory offer too – Fantastic!!!
IDFC First Credit Card
now coming to IDFC First Credit Card. IDFC also have Lifetime FREE card with no Joining no Annual fees – this card I loved the most & you will get 500 Rs gift voucher if you spend 15K in first 90 days, but this is not a must, anyway you are getting the card for FREE
if you spend then you get the gift voucher .. but that’s not a must
ICICI Platinum Chip Credit Card
then comes ICICI Platinum Chip Credit Card. now remember that ICICI itself is a brand – I am their customer since 25 years & I hold all ICICI credit cards including the Priority pass & Dragon Pass card which is used for International Lounge access.
so ICICI is a branded company. their Platinum Chip Credit card is available lifetime free without joining & annual fees – very good, so I feel this is also a good offer.
AU Bank Altura card
last is AU Bank Altura card. so this card has got 199 Rs annual fees – Okay ?
But if you spend 10K worth in first 90 days then this card becomes FREE. you need not pay card fees.
second thing is that – if you spend 2.5K RS, then you will get 150 Rs cashback which is additional benefit.
so I just explained you the introductory offers
definitely Axis My Zone, IDFC First Select, ICICI Platinum Chip are unconditionally lifetime free credit cards
whereas SBI Simply click will get free since you get gift Voucher
now I will explain which card I liked for which reason
like I told during Festival offers these 3 companies – SBI , Axis and ICICI
most of the time these cards are listed on Amazon or Flipkart for festival offers – so as per me these 3 cards you should have for this reason, out of which 2 are absolutely FREE
so you can get these both – anyway you don’t have to pay any money throughout life
so at least card is with you – doesn’t matter if you use or not. so definitely I will prefer that Axis and ICICI you can take and keep with you.
SBI Simply Click you can decide later when I explain its benefits.
Now coming to next point – if you like dining outside the most, in that case I loved the Axis My Zone card.
I loved it most because … because 40% OFF on Swiggy orders. Swiggy most of the time most of the people use it – mainly city people. so if you are getting 40% OFF on lifetime FREE card – then why not to take it ?
so as per me I liked this offer of 40% OFF. again these offers keep changing time to time but … as on now they are giving this offer which is fantastic
40% you are going to save – and everyone orders on Swiggy
Dining Offers
second thing 20% OFF on Axis My Zone Card on most of the restaurants in India (they have tie ups)
similarly if you see IDFC First also have tie ups with 1500 hotels where you will get discount
similarly ICICI also have tie up with 2600 restaurants in India.
so Axis, IDFC & ICICI all three cards are FREE. three cards are giving best offers on Dining. so if you go for outing / trip, use these cards to get benefits
remember that all these 3 cards are FREE
Movie Offers
second thing – if you like to watch movies. in that case also these 3 cards are good – these 3 offer Buy 1 Get 1 FREE offer
sorry not 3 only 2 have this offer – Axis my zone as well as IDFC first has got this offer buy1 get 1 FREE
So both these cards are FREE & give you FREE movie tickets each month – this I liked the most.
So even if you go for a movie twice a year – in that case you will easily save 500-700 Rs – V. Good.
40% OFF in Axis will help you when you order food sometimes
Travel Offers
Now coming to if you are traveling.
Usually everyone owns a 2-wh or 4-wheeler & petrol prices are at such high that you have to spend 400-500 Rs
you can buy petrol by cash or or if you pay using your credit card then you have to pay 1% fuel surcharge.
so all these cards if you see are giving OFF on 1% fuel surcharge here for ICICI I have some hesitation that you will get off only when ICICI swipe machines are used !! + HPCL pumps only will have this off where as all other cards do not have this condition best is IDFC First gives 300 Rs fuel surcharge wavier / month whereas all others have got cap of 100 Rs off see .. here 100 Rs .. here also 100 Rs
So I feel IDFC First is most powerful because its lifetime FREE
you get offers on Dining
you get movie ticket offers
& you get fuel surcharge wavier upto 300 Rs
Airport Lounge Access
Now coming to Airport lounge access – I love this more because every time
So when I catch flight – like my recent visit to Vizag, my layover was in Hyderabad, I think it was 4-5 hours layover. So what happens during that time – if you eat anything on airport
then it is so costly so for 2-3 people you will have to spend 1-2K anything, like coffee you will get 80-100 Rs, small burger will cost you 400 Rs. So definitely if you have airport lounge access
normally it is Priority Pass lounge access there you get food, water, WiFi for FREE + comfortable sitting space but you get FREE lounge access only if you have specific credit cards so if you see
Axis my zone card provide 1 lounge access per quarter whereas IDFC first which I am saying is the most powerful is giving you 4 lounge access per quarter – very good yaar
4 lounge access not only that – Railway lounge which are really good now a days, I saw in Delhi almost it competes with airport lounge IDFC first gives FREE access to that too
so as per me it is the most powerful card if you go here travel by railway or by flight you need access to railway or airport lounge that time this card will be greatly useful for you
now coming to the AU Bank card – why I selected this because they give 2 domestic airport and railway lounge access per quarter for FREE for this specific reason I have selected this card
now coming to the last point where in case you do not pay card dues timely or you do cash withdrawal from ATM then you need to pay heavy credit card charges
you can see
- SBI simply click 3.65%
- Axis my zone 3.6%
- IDFC first has only 2% for overdue amount or cash withdrawal they have said free for 48 days
- which is amazing. I never thought that any credit card company can give such a facility surprisingly they are giving this facility as on now I don’t know how many days they will give it
but 48 days cash withdrawal for FREE no company is giving this I am surprised - 3.4% for ICICI Platinum
- 3.49% for AU Bank
Okay - look IDFC first 2% is lowest among all cash withdrawal is FREE for 48 days which is amazing actually
So as per me best winner is IDFC first select credit card because it has got lot of benefits
I have already explained all benefits to you so this one will be the best for you
second thing Axis My Zone card also I liked because here you get 40% off on Swiggy. Second thing you get movie ticket offer, its lifetime free & best is thousand Rs worth Sony Liv premium access benefits also includes lounge access looking at all Axis my zone card will rank number 2 in my view first one is IDFC first
the third is ICICI Platinum chip because it is lifetime FREE plus it has other benefits such as
- you have restaurant access
- like you get these festival offers
Then comes SBI simply click because of festival offer only
see why you should have these cards? SBI, Axis & ICICI cards – It is due to festival offers only
and these are randomly – every time it may not be SBI (say), sometimes its ICICI on Amazon, sometimes its AXIS – so best is that you hold all 3 cards
finally AU bank card
AU bank card I am using because of – airport lounge access ONLY.
many times you are accompanied by say 2 people, you have 2-3 friends with you. so suppose you have only IDFC first card – of course 4 lounge access are free but if you are accompanied by friends then all access tokens get consumed in single time. so if you travel again in the same quarter then you should have second card.
that is why I have selected this AU bank card – because this gives you lounge access
So as per me I have tried to explain you in simple format.
Reward points on credit cards
Of course other factors like 10X reward points.
reward point system is different for every credit cards, they have method of projection of reward points.
So I have not focused on those points more, because I feel other facilities which I talked about are more important than reward points
Conclusion on which is the best credit card in India
So friends, I have posted this review after many days gap.
Specifically this study was important for me because now a days I am travelling more, plus many of my friends requested me to study this aspect. So that is why I am presenting this study.
Thank you so much and bye for now
Keywords
best credit cards in india 2022 with no annual fee,
best credit card with no annual fee india,
best credit card in india 2022 for salaried person,
best cashback credit card in india with no annual fee,
hdfc credit card,
lifetime free credit card,
no annual fee credit card,
american express credit card with no annual fee india,
hdfc credit card with no annual fee,
hdfc credit card,
lifetime free credit card,
no annual fee credit card,
hdfc credit card with no annual fee,
best credit card with no annual fee india,
best cashback credit card in india with no annual fee,
free lounge access credit card,
sbi icici credit card lounge access,
priority pass lounge access free annual fee credit card
Leave a Reply