Top 6 Credit Cards in India for Salaried Individuals

Overview of Top 6 Credit Cards in India for Salaried Individuals

1. American Express Membership Rewards Credit Card

The American Express Membership Rewards Credit Card gives you a great deal. It has a rewards program that is easy to use and offers many choices. It also comes with special benefits that only cardholders can enjoy.

When you get this card, you'll receive a welcome gift of 4,000 Membership Rewards Points. You'll also earn points on all the things you buy every day. You can earn even more bonus rewards by spending a certain amount of money.

You can use the points you earn to get great rewards like gift certificates and amazing experiences. There's also a program that waives some of the fees if you spend enough money. This makes the card a very good choice for people who want a card that is flexible and gives them lots of rewards.

Also Read: What Is The CIBIL™ Score Needed For An Amex Credit Card

Major Features of the Card

1. Welcome Gift: Receive 4,000 Bonus Membership Rewards Points on joining.
2. Reward Points: Earn 1 Membership Rewards Point for every Rs. 50 spent, excluding specific categories like fuel, insurance, and utilities.
3. Spend-Based Bonuses:
• Earn 1,000 Bonus Points by using the card four times for transactions of Rs. 1,500 or more in a calendar month.
• Earn an additional 1,000 Bonus Points for spending Rs. 20,000 or more in a calendar month (enrollment required).
4. Annual Fee Waiver:
• 100% waiver on the Rs. 4,500 renewal fee for annual spends above Rs. 1,50,000.
• 50% waiver for annual spends between Rs. 90,000 and Rs. 1,49,999.
5. Renewal Rewards: Earn 5,000 Bonus Membership Rewards Points upon payment of the first-year renewal fee.
6. Flexible Redemption Options: Redeem points for premium vouchers, including options like Taj, Amazon, Flipkart, and more.
7. American Express EMI: Convert big-ticket purchases into easy monthly instalments.
8. Dining Privileges: Up to 20% discounts at select restaurants.
9. Fuel Convenience Fee Waiver: Available at HPCL fuel stations.
10. Enhanced Security & Convenience:
• Zero liability on lost cards.
• Emergency card replacement.
• Contactless payment feature.

2. SBI SimplyClick Credit Card

The SimplyCLICK SBI Card is a great fit for people who love to shop online. It gives you special rewards and benefits whenever you buy things on the internet. The card has a yearly fee of only Rs. 499, but you get a Rs. 500 Amazon.in gift card just for signing up!

You earn even more rewards when you shop in popular online stores, and there are bonus rewards for people who spend a lot. This card is easy to use, secure, and gives you lots of valuable perks, making it a perfect choice for anyone who does most of their shopping online.

Major Features of the Card

1. Welcome Gift: Receive an Amazon.in gift card worth Rs. 500 on payment of the annual fee.
2. E-Shopping Rewards:
3. Earn 10X Reward Points on online spends with exclusive partners like Apollo 24x7, BookMyShow, Myntra, Swiggy, Netmeds, and others.
4. Earn 5X Reward Points on other online spends.
5. Milestone Benefits: Earn e-vouchers worth Rs. 2,000 each on annual online spends of Rs. 1 lakh and Rs. 2 lakh.
6. Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000.
7. Annual Fee Reversal: Spend Rs. 1 lakh annually to get the Rs. 499 renewal fee reversed.
8. Contactless Technology: Make fast and secure payments by simply waving your card at a contactless reader.
9. Worldwide Acceptance: Use your card at over 24 million outlets globally, including 3.25 lakh outlets in India.
10. Add-on Cards: Empower family members above 18 years with add-on cards.
11. Utility Bill Payment: Pay utility bills conveniently using the Easy Bill Pay facility.
12. Flexipay and Balance Transfer on EMI: Convert purchases above Rs. 2,500 or transfer balances from other cards into easy EMIs for better financial management.

3. HSBC Visa Platinum Credit Card

The HSBC Visa Platinum Credit Card is a credit card that you can get for free. It gives you a mix of rewards, special benefits, and perks for travelling. Since there are no fees to join or use the card each year, you can earn more rewards and turn your points into miles for flights on popular airlines.

This card also has some extra perks, like discounts on fuel costs, money-back offers, and the ability to use it almost anywhere in the world. These benefits make this card a good choice for people who want a card that is both valuable and easy to use.

Major Features of the Card

• No Joining or Annual Fees: Enjoy the card without paying any joining or annual charges.
• Reward Points: Accumulate 2 Reward Points for each ₹150 spent on everyday activities.
• Accelerated Rewards: Earn 5X Reward Points on purchases after spending INR 4,00,000 annually (up to 15,000 bonus points).
• Air Miles Conversion: Convert Reward Points into air miles for Air India, Etihad Airways, British Airways, and Singapore Airlines.
• Fuel Surcharge Waiver: Save up to INR 3,000 annually with a fuel surcharge waiver.
• Welcome Offers:
• Claim an INR 250 Amazon e-gift voucher after completing your application and Video KYC.
• Get INR 500 cashback after spending INR 5,000 within the first 30 days of card activation.
• Zero Liability for Lost Cards: Insurance coverage of up to INR 3,00,000 for misuse within 24 hours of reporting the card lost.
• Balance Transfer: Transfer balances from other bank credit cards and repay at a lower interest rate in EMIs.
• Emergency Card Replacement: Get a replacement card within three days anywhere in the world.
• Global and Digital Access: Use Google Pay for secure payments, access cash advances, and manage your account 24/7 online.

4. ICICI Amazon Pay Credit Card

The Amazon Pay ICICI Bank Credit Card is a credit card that you can get for free. It's designed to give you rewards every time you use it, making it a great choice for people who shop online often. This card gives you money back when you buy things on Amazon, at stores that partner with Amazon, and for your everyday spending.

Since there are no fees to join or use the card each year, it's easy to save money and get special benefits if you are an ICICI Bank customer. The card also gives you a discount on fuel costs and money back when you pay for things using Amazon Pay.

Major Features of the Card

1. Zero Joining and Annual Fees: Enjoy the card without any upfront or recurring charges.
2. 5% Cashback on Amazon: Score 5% cashback on Amazon India purchases for Amazon Prime users.
3. 3% Cashback on Amazon: Avail 3% cashback on Amazon India orders for non-Prime customers.
4. 2% Cashback on Partner Merchants: Get 2% cashback on Amazon Pay transactions with 100+ partner merchants.
5. 1% Cashback on Other Expenses: Earn 1% cashback on shopping, dining, travel, insurance payments, and more.
6. Fuel Surcharge Waiver: Save 1% on fuel surcharge payments at every refuelling.
7. Seamless Cashback: Cashback is auto-credited to your Amazon Pay balance every month.
8. Exclusive Privileges for ICICI Bank Customers: Designed specifically for ICICI Bank account holders for additional benefits.
9. Global Acceptance: Use the card at various outlets worldwide that accept Visa.
10. Hassle-Free Rewards: No capping or expiry of cashback earnings, ensuring unlimited rewards.

5. SBI Simply Save Credit Card

The SimplySAVE SBI Card is a credit card that focuses on giving you rewards. It's designed to help you save money on things you buy every day, like eating out, going to the movies, buying groceries, and shopping at department stores.

The card has reasonable fees, and you can earn extra reward points, which makes it a good choice if you use your card often. You can also use this card to pay for things without touching them, it's accepted almost anywhere in the world, and it's easy to use your reward points to get different kinds of benefits.

You can even get your yearly card fee back if you spend a certain amount of money each year.

Major Features of the Card

• Affordable Fees: A ₹499 one-time fee for the first year and ₹499 renewal fee each year thereafter.
• Welcome Offer: Avail 2,000 bonus reward points when you make purchases of ₹2,000 or more within the first 60 days.
• 10X Reward Points:Get rewarded with 10 Reward Points for every ₹150 spent on dining, movies, groceries, and department stores.
• Standard Rewards: Earn 1 Reward Point per ₹150 spent on all other categories.
• Fuel Surcharge Waiver: Enjoy a 1% waiver on fuel surcharge for transactions between ₹500 and ₹3,000.
• Annual Fee Reversal: Get your annual fee waived when you spend ₹1,00,000 or more in the previous year.
• Contactless Advantage: Make secure and convenient payments with contactless technology.
• Worldwide Acceptance: Use your card at over 24 million outlets globally, including 3,25,000 outlets in India.
• Add-On Cards: Empower your family with additional cards for eligible dependents.
• Utility Bill Payment: Pay utility bills seamlessly with the Easy Bill Pay facility.

6. HDFC Bank Regalia Credit Card

The HDFC Bank Regalia Credit Card is a special credit card that offers luxurious benefits and great rewards for people who travel often and enjoy fine dining.

With this card, you can use special lounges at the airport for free. It also has a rewards program that gives you lots of points, and you get special deals at many restaurants.

This card is perfect for people who enjoy a luxurious lifestyle. You can save up to 30% on your dining bills and earn a lot of bonus reward points every year.

It also includes travel benefits like a special pass that lets you use airport lounges and protects you if your card is lost or stolen. This card is both convenient and secure.

Major Features of the Card

• Dining Privileges: Complimentary Dineout Passport Membership offering up to 30% off at over 2,000 premium restaurants and early access to exclusive events.
• Airport Lounge Access: 12 complimentary lounge visits within India and 6 complimentary visits outside India annually through the priority pass.
• Reward Points Accrual: Earn 4 reward points for every ₹150 spent on retail transactions, including insurance, utilities, education, and rent.
• Bonus Rewards: Collect 10,000 reward points on annual spending of ₹5 lakhs and an extra 5,000 points for spending ₹8 lakhs annually.
• Reward Redemption: Redeem points for flights, hotels, air miles, vouchers, and cashback with flexible conversion rates.
• Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver on transactions from ₹400 to ₹5,000 at any fuel station in India.
• Foreign Currency Markup: Enjoy a competitive 2% markup on foreign currency transactions.
• Zero Lost Card Liability: If you lose your card, report it immediately to avoid liability for any fraudulent activity.
• Revolving Credit: Access revolving credit at nominal interest rates for added flexibility.
• Worldwide Acceptance: Use the card globally with over 24 million outlets accepting it, including premium Visa and MasterCard locations.

Note: The cards listed above are not ranked in any particular order.

Disclaimer: All the features, fees, and other information specified above are sourced when this page was written and are subject to change. For exact information, refer to the respective lender’s website or contact them.

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