A credit card is a plastic card that gives the cardholder a line of credit with which to make purchases or cash advances. In order for an individual to obtain a credit card, he or she must first apply for one. The application process usually requires the potential cardholder to provide personal information, such as his or her name, date of birth, Social Security number, and income. The card issuer will then use this information to determine whether or not the individual is eligible for a credit card. If the individual is approved, he or she will be sent a Credit Card comparison with which to make purchases. There are many different types of credit cards available, and each has its own set of benefits and drawbacks. For example, some credit cards offer rewards points that can be redeemed for cash or merchandise, while others offer low interest rates. It is important to compare different credit cards before applying for one, in order to ensure that you are getting the best possible deal. When you are ready to compare and apply for the best credit card in India, there are a few things you should keep in mind. First, consider what type of credit card you need. There are cards available for those with good credit, as well as for those
1. Introduction
The credit card is one of the most popular and convenient financial tools available today. It allows you to make purchases and withdraw cash without having to carry large amounts of cash with you. Credit cards also offer a variety of other benefits, such as rewards, cash back, and interest-free periods.
With so many different credit cards available on the market, it can be difficult to know which one is right for you. That’s why it’s important to compare and apply for the best credit cards in India that fit your individual needs and financial situation.
When comparing credit cards, there are a few key factors you should keep in mind, such as annual fees, interest rates, reward programs, and perks. You should also consider whether you want a card that offers a low interest rate on balance transfers or one that provides cash back on your purchases.
Once you’ve decided on the type of credit card you’re looking for, you can start comparing different cards from different issuers. Make sure to compare the annual fees, interest rates, and reward programs before making your final decision.
It’s also important to remember that the best credit card for you is not necessarily the one with the lowest interest rate or the best rewards program. It’s important to find a card that fits your individual needs and financial situation. So, take your time to compare and apply for the best credit card in India that’s right for you.
2. How to compare and apply for the best credit cards in India?
There are a lot of credit cards available in the market and it can be tough to choose the right one. Here are a few tips to help you compare and apply for the best credit card in India:
1. Decide what type of credit card you need: There are different types of credit cards available in the market – cashback, travel, fuel, shopping, etc. Choose a card that offers benefits and rewards that match your spending habits.
2. Compare credit cards: Once you know what type of credit card you need, compare different cards to find the best fit. Consider factors like annual fees, interest rates, reward points, etc. before making your decision.
3. Check your credit score: Your credit score is one of the most important factors that lenders consider when approving a credit card application. Make sure you have a good credit score before applying for a credit card.
4. Read the terms and conditions: It is important to read the terms and conditions of any credit card before you apply for it. This will help you understand the fees, charges, and interest rates associated with the card.
5. Apply for the credit card: Once you have compared different credit cards and decided which one is best for you, it’s time to apply for it. You can apply for a credit card online or at a bank branch.
Following these tips will help you compare and apply for the best credit card in India.
3. The best credit cards in India
The best credit cards in India offer a range of benefits and perks that can save you money and help you manage your finances better. Here are our picks for the best credit cards in India for 2019.
1. SBI Card Prime: Best Overall
SBI Card Prime is our pick for the best overall credit card in India. It offers a host of benefits and perks, including a waiver on fuel surcharges, up to 20% off on movie tickets, and up to 15% off on dining bills. The card also comes with a built-in personal accident insurance cover of Rs. 10 lakhs.
2. HDFC Bank Diners Club Black: Best for Travel
HDFC Bank Diners Club Black is the best credit card for travel in India. It offers a host of benefits such as 5% cashback on international spends, complimentary airport lounge access, and up to 20% off on hotel bookings. The card also comes with a built-in personal accident insurance cover of Rs. 1 crore.
3. ICICI Bank Platinum Chip Credit Card: Best for Shopping
ICICI Bank Platinum Chip Credit Card is the best credit card for shopping in India. It offers 5% cashback on online spends, up to 10% off on fuel surcharges, and up to 20% off on dining bills. The card also comes with a built-in personal accident insurance cover of Rs. 10 lakhs.
4. Axis Bank My Zone Credit Card: Best for Entertainment
Axis Bank My Zone Credit Card is the best credit card for entertainment in India. It offers 5% cashback on movie ticket bookings, up to 15% off on dining bills, and up to 20% off on hotel bookings. The card also comes with a built-in personal accident insurance cover of Rs. 10 lakhs.
5. Citibank Rewards Credit Card: Best for Rewards
Citibank Rewards Credit Card is the best credit card for rewards in India. It offers 5% cashback on all spends, up to 20% off on movie tickets, and up to 15% off on dining bills. The card also comes with a