Looking for the best credit card in India for 2024 to suit your needs? You’re at the right place. Whether you need cashback, lounge access, complimentary hotel stays or business/first class tickets, you can find everything here.
I’ve analysed 200+ credit cards in India across various banks and compiled a list of best credit cards for 2024 based on various user segments.
With about 10+ active credit cards in my wallet, below list covers most of the cards that I personally use and even more.
Table of Contents
- Entry Level Credit Cards
- Premium Credit Cards
- Travel Credit Cards
- Airline Credit Cards
- Super Premium Credit Cards
- Ultra Premium / UHNI Cards
- Choosing the right Card
Entry Level Credit Cards
- Suggested income: 5 Lakhs+
- Suggested spend: 1 Lakhs+
Entry-Level credit cards, also called as credit cards for beginners are those cards that are targeted at first-time credit card users.
SBI Cashback Card
- Best for: Upto 5% Cashback on Online spends
- Read Review & Apply: SBI Cashback Card Review
This is the new HOT pick of the year for entry-level cardholders as 5% Cashback on online spends is lucrative even after the recent devaluation. With a pretty good max cap of 5,000 INR a month, it equates to 1L monthly spends.
- Reward Rate: 2% – 5% (as cashback to card)
- Apply Now
Axis Bank ACE credit card is one of the highly rewarding entry-level credit card with flat 2% cashback as statement credit.
But the downside is that it can only be applied online if you’ve a pre-approved offer for the same and it’s not available through other application channels.
- Best for: Gold Collection & Points Transfers
- Read Review & Apply: American Express MRCC Review
American Express Membership Rewards Credit Card (MRCC) is the best way to get into the world of Amex. If you use this card just to get the 2000 MR bonus points monthly, you can easily get a return of 6% on spends.
Apart from that, you will also get access to the amazing Amex Offers (merchant offers & spend linked offers) which are quite good most of the time.
ICICI Amazon Pay
- Best for: 5% return on Amazon spends
- Apply from Amazon App
If you shop frequently on Amazon and if you’re an Amazon Prime customer, you cannot afford to miss this wonderful card as it’s anyway a lifetime free credit card.
Premium Credit Cards
- Suggested income range: 12 Lakhs+
- Suggested spend range: 6 Lakhs+
Premium credit cards comes into picture when your lifestyle has pinch of luxury factor to it. It comes with more travel benefits like domestic and international lounge access, better reward rate, etc.
HDFC Regalia Gold
- Best for: Airport Lounge access & Milestone Benefits
- Review: HDFC Regalia Gold Review
The most important benefit of this card apart from rewards & merchant offers is the ability to get Priority Pass for all family members, which shares the complimentary lounge access limit with the primary card.
For those who can’t get HDFC Super Premium credit cards, this is a wonderful alternative especially for lounge access.
Amex Gold Charge
- Best for: Higher Credit Limit & Gold Collection rewards
- Read Review & Apply: American Express Gold Charge Card Review
If you’re looking for a higher credit limit but unable to get it via any other credit card, this is the one for you.
On top of that, You also get rewards on fuel/utility spends unlike most other credit cards in the segment. This is best used along with Amex MRCC to speed up the 24K gold redemption.
Yes First Reserv
- Best for: Online / Travel spends with 3X/5X subscription
- Read Review: Yes First Reserv Review
Yesbank’s rebranded Reserv Credit Card (previously called as Yes First Exclusive) is a pretty good product when it’s coupled with the subscription plan that gives 3X/5X rewards on select categories depending.
HDFC Tata Neu Infinity Rupay
- Best for: UPI Spends & utility payments
- Apply Now (Review coming soon)
If you’re looking for a single UPI Credit Card, HDFC Bank Tata Neu Infinity Rupay Credit Card is the one that you need.
It not only gives decent rewards on UPI spends, but also offers lucrative 5% return on utility bills. On top of that, you also get targeted offers from Tata Neu, like the recent promo where a good discount was offered on booking your car with Tata Motors.
IDFC First Wealth
- Best for: Spends >1L in a billing cycle.
- Review: IDFC First Wealth Credit Card Review
If your monthly spends are higher, you shouldn’t be missing this, especially if you prefer non-travel benefits like cashback to credit card stmt or amazon/flipkart vouchers as redemption option.
And the airport lounge access is the additional advantage, the spend requirement of which has been recently added and also removed.
Travel Credit Cards
When your life has good amount of travel, that’s when you need to have these exclusive Travel credit cards.
Travel & airline credit cards are designed in such a way that you get travel vouchers/points/miles instead of cashback.
- Best for: ITC & other airline transfers partners
- Read Review & Apply: Axis Atlas Credit Card Review
Axis Bank Atlas Credit Card not only comes with an amazing reward rate on regular spends but also helps you enjoy airport meet & greet and luxury airport transfer services.
Accelerated rewards on Airlines & hotel spends are definitely useful for some. It’s a hot pick for 2024 because of it’s lucrative reward rate but may go through a devaluation anytime.
Amex Platinum Travel
- Best for: Taj Vouchers & access to premium airport lounges
- Read Review & Apply: Amex Platinum Travel Review
American Express Platinum Travel card is the best travel credit card in the country, hands down! It retains it’s name and fame for alomost a decade now.
I personally enjoy using this card as it helps me to stay at one unique Taj property every year by using the complimentary Taj Vouchers that comes with it.
HDFC Marriott Bonvoy
- Best for: for its lucrative joining/renewal benefits
- Review: HDFC Marriott Bonvoy Credit Card Review
While HDFC Bank’s Marriott Bonvoy Credit Card has poor reward rate on ongoing spends, it stands good for its incredible welcome and renewal benefits which can easily fetch twice or thrice the value of the joining fee.
RBL World Safari
- Best for: 1 Yr Worldwide travel insurance, 0% Forex markup Fee
- Review: RBL World Safari Credit Card Review
RBL World Safari Credit Card is a hidden gem for frequent travellers as it not only offers the compete 1 Year international travel insurance but also comes with a 0% markup fee on international spends.
This solves the need for most international travellers without needing to get super premium credit cards or other forex cards for that matter.
Airline Credit Cards
If you’re a frequent traveller, you might also need to get one or more of the best Airline Credit cards. Airmiles/Airlines credit cards makes sense if you fly frequently with the specific airline. Here are some of the best:
- Best for: Flying Vistara Business Class
- Read Review & Apply: Axis Bank Vistara Infinite Review
This best airline credit card in the country continues to give wonderful returns even after many years of it’s existence.
It’s a must have credit card for those who frequently fly Vistara because of it’s gold tier benefits (1st year only) and for those who love business class experience, as it gives 1 complimentary business class ticket on every ~2.5L spends.
If you’re already holding 3 Axis cards, you may go for the IndusInd Vistara Explorer Credit Card that has similar benefits with slightly higher spend requirement.
- Best for: Flying Vistara Premium Economy
- Apply Now (Review coming soon)
If you don’t fancy a Business Class flight or don’t find sufficient availability, then IDFC Vistara Credit Card may help you with complimentary Premium Economy Tickets on credit card spends.
If you’re okay with not-so-great customer support, you may as well go with the SBI Vistara Prime Credit Card that has similar features.
SBI Air India Signature
- Best for: Flying Air India & select star alliance partners
- Review (to be updated): SBI Air India Signature Credit Card Review
If your travel involves flying Air India for whatever reason, you shouldn’t be skipping this credit card. It demands high spends, but rewards very well on most type of spends.
Also, with the change in ownership and merging of airlines I’m hoping things with Air India to get better in 2024 and beyond.
IndusInd Tiger Card
- Best for: transferring points to Vistara
- Review: IndusInd Tiger Credit Card Review
While it’s technically not an airline credit card, the earn rate of CV points on the card is much higher than any other airline cards, thanks to the accelerated earn rate on crossing >5L spend in a year.
Super Premium Credit Cards
- Suggested income range: 20 Lakhs+
- Suggested spend range: 10 Lakhs+
Super premium credit cards are those that comes with higher reward rate, higher credit limit, unlimited lounge access, better card linked benefits & many more perks that you would need to enjoy a luxury lifestyle.
Axis Magnus for Burgundy
- Best for: Airport meet & greet services, miles transfer
- Read Review & Apply: Axis Magnus Review
Axis Magnus for Burgundy is the upgraded version of the previous “Magnus” with the ability to transfer points at 5:4 to the airline/hotel partners.
It also gives you new airport experiences with their complimentary airpot meet & greet service, which is useful for many.
If your spends are over 2 or 3 Lakhs a month even for few months in a year, this is perhaps the ONLY card you would ever need.
- Best for: 5X Rewards with decent reward rate on regular spends
- Updated Review coming soon
Infinia is everyone’s dream for ages without an exception. If you are looking for a single credit card for all your spends beyond Axis Magnus, then Infinia will serve the need.
If you couldn’t get Infinia, Diners Black (pvc) is equally good with same reward rate, only the capping on accelerated rewards is lower.
HDFC Diners Black Metal
- Best for: 5X Rewards with quarterly milestone benefit
- Review coming soon
The primary difference from the old Diners Black (pvc) is the metal form factor along with higher smartbuy capping and the additional quarterly milestone benefit which is useful for regular high spenders.
Only downside though is the lower acceptance of Diners cards in India compared to Visa/MasterCard, which means you have to keep a backup card handy.
ICICI Emeralde Private
- Best for: Welcome benefit & decent ongoing rewards
- Review coming soon
ICICI Bank’s Emeralde Private Credit Card is perhaps the first ever credit card in the ICICI bank’s history to carry a good reward rate of 3% on regular spends.
This card can only be applied as an upgrade at the moment and not everyone is eligible for the same. Upgrade request usually goes through for existing Sapphiro/Emeralde credit card holders with higher credit limit.
Yes Bank Marquee
- Best for: rewards as shopping vouchers
- Read Review: Yes Bank Marquee Credit Card Review
Yesbank’s newly launched Marquee Credit Card is a pretty good Super Premium Credit Card especially if your spends are largely focused online as it gives you 4.5% reward rate on online spends.
But the downside is, Yes Bank doesn’t have the ability to transfer points to international airlines/hotels. So if you’re not into airmiles and looking for only vanilla rewards, Yes Bank Marquee Credit Card can do wonders for you.
Ultra Premium / UHNI Cards
The ultra premium credit cards are generally different from other type of cards because these cards not only gives rewards but also intend to give you returns via card benefits.
Some of the benefits include: hotel privileges, concierge, meet & greet, airport transfer, first class upgrades, premium support, etc.
- Best for: hotel benefits & concierge
- Read Review & Apply: Amex Platinum Charge Card Review
Most of the Amex Plat cardholders that I know have it for the Marriott Bonvoy Gold membership benefit which is quite useful in India.
Other than the tangible benefits, their “Do Anything” platinum concierge is worth it for those who have the lifestyle to make use of it.
The expensive metal card makes sense if you know how to get equivalent value out of the joining fee. The newly introduced luxury redemption options are quite useful for that matter.
Axis Burgundy Private
- Best for: Very high spends, miles transfer
- Review coming soon
If your spends are very high for Magnus and can hold a relationship of 5Cr with Axis Bank, then Axis Burgundy Private is the option.
While it requires high NRV with bank, the rewards and benefits that comes with it for very high spenders are phenomenal.
- Best for: Rewards on all kinds of spends
- Read Review: HSBC Premier Credit Card Review
HSBC Premier Credit Card with it’s upgraded features and benefits is certainly useful for those who prefer to enjoy rewards on all kinds of spends.
While it’s primarily a good card for existing HSBC Premier customers with medium spends, one should consider Magnus for Burgundy if the spends are high.
Choosing the right Card
Choosing the best credit card in 2024 is lot simpler than how it used to be in the past, thanks to all the aggressive credit card offers around.
#1 If you’re new to the game and have relatively low annual spends (<5L) with significant online spends, get the SBI Cashback Credit Card and you’re done.
#2 If you spend >15L a year, get Axis Atlas along with one or two more cards that would suit your lifestyle.
#3 If you spend over >30L a year, you likely need Axis Magnus for Burgundy along with HDFC Infinia among others.
Which is the best credit card in India for 2024?
Calculate your annual spend and choose the cards from the list above. The best card varies from one person to another.
How many Credit Cards can I have?
As many as you need. Start with 2 cards if you’re new to the system and increase the count gradually based on your spends. 5 cards is sufficient for most.
Which Credit Card has best customer service?
Amex is known for their premium customer support. You may also enjoy a similar treatment with any bank, as long as you take their super-premium cards.
Which Bank’s Credit Card is best in India?
HDFC Bank is the market leader and has very good merchant offers as well. So start with HDFC and add others as per your requirement. Consider having one Amex card for a mix.
Which is the best fuel credit card?
You may use Amex Gold Charge Card as mentioned above. Or just load your ICICI Fastag using Amazon Pay balance and enjoy 5%-15% on fuel depending on the cards you hold.
After few years of making short lists, now the list has got bigger just as it used to be before, thanks to the devaluation of Magnus.
The list will be updated from time to time to keep it relevant. So feel free to bookmark the page for quicker access.
What’s your thoughts about the above list of best credit cards for 2024? Feel free to share your opinion in the comments below. We shall amend the list if required.