In this digital age, all of us use credit cards. Credit card users are always on the lookout for a lifetime free credit card with no annual fees. Financial organizations provide it in their credit card solutions in one of three ways:
- If the sign-up charges are netted off against a welcome offer
- You get a credit card annual fee waiver against a certain amount spent annually
- You find a lifetime free credit card issued without any charge
Below is the list of best credit cards with no annual fees:
-
Table of Contents
Kotak Royale Signature Credit Card:
A lifestyle credit card.
Usage perks:
- 4x reward points on every INR 150 spent on Hotels, Restaurants, Travel Agencies & Tour Operators, Package Tour Operators,
- 2x rewards elsewhere
- Complimentary access for Indian domestic airport lounges every year
- Fuel surcharge waiver on transactions above INR 500
- Railway surcharge waiver for transactions booked via www.irctc.co.in
Annual Fee: INR 999 (waived off with a minimum of one lac annual credit card expenditure).
-
ICICI Instant Platinum Card:
Good for first-time credit card applicant
Usage Perks:
- INR 100 off on movie tickets, two times per month
- Three payback points for every INR 100 spent
- 15% savings on some restaurants across ten different cities in India
- 1% fuel surcharge waiver on fuel transaction of maximum INR 4000 at HPCL pumps
Annual Fee: Lifetime free
-
ICICI Amazon Pay Credit Card:
Best suited for Amazon shoppers with an existing ICICI credit card added to your Amazon account
Usage Perks:
- save up to 5% on every shopping transacted on Amazon for prime, 3% for non-prime members
- 1% cashback on all other payments
- 2% cashback when used as the preferred payment method
- 1% fuel surcharge waiver
Annual Fee: Lifetime free
-
Standard Chartered Platinum Rewards Card:
Easily approved, best for salaried employees with a minimum monthly salary of INR 25,000
Usage Perks:
- Variable discounts and offers including Ola, Uber, Grofers, Yatra
- One reward point on spends above INR 150
- Five reward points on spends above INR 150 on fuel and dining
- 500 points when registration for online banking succeeds
- 1000 points for first-time usage additionally for using within 60 days
- 100% cashback up to INR 500 on the first restaurant expenditure
Annual Fee: INR 250 (waived off with INR 60,000 yearly spend)
-
Standard Chartered Manhattan Credit Card
Attractive card for all
Usage Perks:
- INR 2000 BookMyShow vouchers as welcome gift, on making the first transaction within 90 days
- 5% Cashback at supermarkets and other store purchases
- Three reward points for every INR 150 spends
Annual Fee: INR 999 (waived off with INR 1.2 lac annual spending)
-
Amex Membership Rewards Credit Card:
Good benefits come with this card.
Usage Perks:
- 1000 bonus points for using card four times per month
- 2000 referral bonus points
- 5000 bonus points on renewal
- Get bonus points for adding money to wallets like PayTM, Amazon Pay and Freecharge
Annual Fees: First year INR 1000, Second year onwards INR 4500
-
SBI Simply Click Credit Card:
Best for online shopping.
Usage Perks:
- Amazon.in gift card worth INR 500 on sign-up
- Cleartrip e-voucher worth INR 2000 when annual spend crosses INR 1 lac
- Another Cleartrip e-voucher worth INR 2000 on additional INR 1 lac
- Ten reward points per INR 100 spent at a partnered brand
- 5 points per INR 100 spent at all other online spendings
- 1 point per INR 100 on other expenditure
- 1% fuel surcharge waiver
Annual Fees: INR 499 (waived off with INR 1 Lac spending)
-
Citibank Rewards Domestic Credit Card:
Best for frequent shoppers.
Usage Perks:
- Ten reward points for INR 125 spend at Apparel and departmental stores
- 1 point for INR 125 spend at others
- Easily redeemed at stores, retail shopping sites, travel sites
Annual Fees: INR 1000 (waived off with INR 30,000 spent)
-
HDFC Moneyback Card:
Best for HDFC customers who can redeem reward points for statement credits.
Usage Perks:
- Two reward points per INR 150 spent
- Four reward points per INR 150 online purchases
- 1% fuel surcharge waiver (Minimum transaction INR 400)
Annual fees: Lifetime free for HDFC customers
-
Axis Insta Easy Credit Card:
Best for Axis Bank customers
Usage Perks:
- 1% fuel surcharge waiver for amounts transacted INR 400-4000
- Cash withdrawal up to 100% credit limit
- Get up to 80% limit on the credit card as per the value of the FD
Annual fees: Lifetime free for Axis Bank customers
You have to calculate the service return with the annual fee of the credit card. If you don’t use credit cards, choose a lifetime free credit card or a credit card with a minimal fee.
