A payment card issued to users to pay for goods and services with agreed charges is called a credit card. It is issued by the bank to the holder. The credit card holders can borrow money from the bank for the payment of goods and services.
A credit card is no similar to any charge card which requires balance to repay in full each month, rather it allows the customer to use and charge interests on the debts. A credit card involves a third party entity that pays the seller and is reimbursed by the buyer.
When buying the cards, individuals should be aware of the fee charged at the beginning of the year or say the annual fees. You must be happy to know that there are also many credit cards with no annual fees and Credit Card With No Joinning Fees.
Today, I am bringing you the 7 best credit cards with no annual fees in India. You can see through them to get one and enjoy shopping and getting things you wished for.
- ICICI Instant Platinum Card
This is a credit card issued by the ICICI bank against a fixed deposit in the saving account of the customer. This is usually for first time credit card users in India, who except to pay the least possible amount. This card is also referred to as Bad credit no annual fee credit card. It has no annual fee or renewal fee and is best for the first time credit card users or applicants.
- Standard Chartered Platinum Rewards Card
This credit card is usually for those whose salary is 6,00,000 rupees per annum. The approval of this card from the bank is little difficult than that of the ICICI. Â Â Â Â It has no annual fees or joining fees. It is mostly the choice of those people who want to have the all rounder credit card.
- HSBC Visa Platinum Card
This is another credit card with no annual fees or renewal fees. It is best used for cash back on all spends for the first 90 days. You will be able to get Rs. 3000 cash back to the maximum with the expenditure of Rs. 9,999. You will also get reward with expenditures on dining, hotels and telecom for one year, with expenditure between 4 to 5 lakhs and 20% discount on selected restaurants and lounges in India.
- Kotak Royale Signature Credit Card
This credit card is best used for lifestyle expenses. This card has no annual fees or renewal fees. Instead, it has a reward points on expenditure of Rs. 150 and 2 complementary domestic airport lounges access after every 4 months.
- RBL Bank IGU NHS World Credit Card
This credit card is best for using during travel and expenses on golfing. It has no annual fees or renewal fees. It carries reward points on expenditure of Rs. 100. It has a cashback on the expenditure of Rs. 1 lakh spent per year. The card gives 50% off on green fee access and also theft cover for Rs. 2 lakh up to 4 days.
- IndusInd Bank WorldMiles Credit Card
This free annual and renewal fees credit card is best for use for travel.
This credit card offers air accident insurance up to Rs. 25 lakhs. It will give 2.5% fuel surcharge waivers at any petrol pump. You can get up to Rs. 25,000 for delayed baggage, ticket loss or lost passport.
- Kotak Bank Fortune Gold Credit Card
This credit card is best used for multipurpose, lifestyle expenses, dining expenses and cover shopping expenses. It has no annual fees and renewal fees. It has a zero interest in cash withdrawal. Rs. 750 cashback on the expenditure of more than Rs. 1,50,000. It also has a theft cover of Rs. 50,000
These are the 7 best credit cards without any annual fees in India. I hope after seeing them and their benefits, you surely will like to have one of them to make the best use. Stop worrying about payments just grab your things with these best credit cards. Enjoy shopping and purchasing many things using these cards and be free from the tension of cash shortage in hand.
