Top 10 Free Credit Cards In India 2021

A credit card is a very useful financial tool that can help you to earn benefits and earn from your daily expenses. With most of the credit cards, you have to pay a joining/annual fee. But with a free credit card, you can enjoy all the awesome benefits of a credit card for free. These credit cards can be issued against fixed deposit or term deposit, some also cost a joining fee on the first time card issuance.

But that does not mean that free cards are free from all charges, only the annual fee and sometimes the joining fee is zero for those cards, all other service charges including – Finance charge, Cash withdrawal charge, Foreign currency Markup, late payment penalty, etc. will be applicable at a predefined rate.

However, we have listed the 10 best free credit cards below, you can compare them and choose the card that fits your lifestyle and uses.

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  HSBC Visa Platinum Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a Visa credit card.
• Benefits:
  • With the issuance of the card you will a ₹500 gift voucher from Amazon, T&C apply.
  • With this card, you will get up to ₹3,00,000 coverage against lost or stolen cards.
  • You can earn reward points from your spending, conditions apply.

If you want to earn benefits from reward points then this card is best for you, it also comes with many other benefits that make it perfect for your primary credit card. 

• Kotak Mahindra Wealth Management Infinite Credit Card

• Fees:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a Visa credit card.
• Benefits:
  • With this card, you can get a huge credit limit.
  • You will get 4 accesses to some selected lounges in India.
  • This card also offers 24 movie tickets annually for movie lovers, conditions apply.

Kotak Mahindra Wealth Management Infinite Credit Card comes with several premium benefits for its users, so if you are eligible for this card, you should go for this card, as it can give unmatched benefits to its customers.

• HSBC Premier Mastercard Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a MasterCard.
• Benefits:
  • With the issuance of the card you will get a ₹7500 gift voucher from Amazon, T&C applies.
  • This card gives you access to most of the premium domestic airport lounges.
  • You will also get a 50% discount on movie tickets booked with this card, conditions apply.

This card is a premium credit card from HSBC, it comes with several jaw-dropping benefits and offers at a very low cost, there are very few credit cards in the market that can offer such benefits at a low cost. So if you are looking for a budget credit card, this card will be a good choice for you.

• Indusind Bank Gold Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a Visa Credit card.
• Benefits:
  • With this card, you can earn big monthly savings from your Shopping, Grocery, Travel, and Entertainment spend.
  • With this card, you will also get a dedicated concierge service.
  • You will also get lost card and fraud liability coverage with this card.

This card is best for travel and lifestyle-related benefits, you can save a big amount of money with all its benefits and offers. You can take this card both as your primary and secondary credit card. 

• Indusind Bank Platinum Aura Edge Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a MasterCard.
• Benefits:
  • With the issuance of the card, you will get an exclusive gift voucher from premium brands as a welcome gift.
  • You can earn up to 4 reward points for each ₹100 transactions with this card, conditions apply.
  • This card also gives you access to most of the premium airport lounges in India, T&C applies.

This card is specially designed to give you more reward points and travel-related benefits, also this card is best suited for daily needs, you can save a good amount of money monthly with this card. 

• UBI Classic Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a Visa Credit card.
• Benefits:
  • With this card you can earn 2 reward points for each ₹100 transactions, conditions apply.
  • This card comes with built-in insurance coverage.
  • This card also offers some lifestyle-related benefits to its customers.

UBI Classic Credit Card comes with several extraordinary benefits, and if you want a budget credit card for your daily use, then this card will be best for you. Also, this card is issued against a Fixed deposit account, so it is also good for new card applicants.

• Indusind Bank Platinum Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a MasterCard.
• Benefits:
  • This card gives you access to airport lounges under the priority pass program.
  • This card offers up to 6 free movie tickets monthly, conditions apply.
  • You can enjoy golf on most of the premium golf courses in India.

IndusInd Bank Platinum Credit Card is specially designed to give their customers lifestyle and travel-related benefits at a low cost. This card features many other benefits too. You can use this card as both your primary and secondary card.

• ICICI Bank Platinum Chip Visa Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a Visa Credit Card.
• Benefits:
  • This card offers 2 reward points on each ₹100 transactions, T&C applies.
  • With this card, you can enjoy dining at most of the frontline restaurants with a 15% discount.
  • You will also get a 1% waiver on fuel surcharges, conditions apply.

This card is best for first-time applicants or for those who want a budget credit card for daily expenses, but if you want lounge access or benefits from online shopping then you will be disappointed with this card.  

• ICICI Bank Instant Platinum Credit Card

• Fee:
  • Joining Fee: None
  • Annual Fee: None
• Card Type:
  • It is a Visa credit card.
• Benefits:
  • With this card you will get 2 reward points on each ₹100 transactions, T&C applies.
  • This card also offers up to a 20% discount on premium restaurants in India.
  • You can get a big discount on movie tickets, conditions apply.

ICICI Instant Platinum credit card is best suited for new applicants, it is free and it is also an easy-to-use credit card for the new applicants unless you will not find this card beneficial as it does not offer many benefits. 

• Indusind Bank Iconia Credit Card

• Fee:
  • Joining Fee: ₹3,500 + GST
  • Annual Fee: None
• Card Type:
  • This card comes in two variants, American Express and Visa. 
• Benefits:
  • With this card you will get 8 free access to airport lounges, conditions apply.
  • This card also offers a 20% discount on entertainment-related spending.
  • You can earn reward points from your every expense, conditions apply.

Indusind Bank Iconia Credit Card is one of the best budget cards available in the Indian market, it comes with several extraordinary benefits at a very low cost, so if you are looking for a lost cost credit card then this card will be a very good option for you. Although this card charges a joining fee of ₹3,500 but the benefits and features offered by the card can easily justify it.

From the above list, you can find your desired credit card, by comparing the options according to their benefits. free credit cards are best for those who want to have the benefits of a credit card without paying extra charges for it, but that does not mean that free credit cards are free from all charges, as mentioned earlier, the other charges should be kept in mind while choosing a card.

But any free credit card cannot be beneficial for you. A credit card can only be beneficial when it matches the cardholder’s lifestyle unless the benefits cannot be utilized properly.