Here’s a look at the major banks free credit cards for life. Please note that these are not ranked in any particular order; Information is based on what is available on banks’ websites collected on October 18, 2024.
ICICI Bank
ICICI Bank Platinum Chip Credit Card
This card allows you to earn 2 reward points for every Rs 100 spent, which can be redeemed for a variety of products. In addition, it provides security through chip technology that guarantees secure transactions.
ICICI Bank Platinum Instant Credit Card
- Eligibility: FD amount should be Rs 50,000 or more.
- Avail 25% discount up to Rs 100 on purchase of minimum two tickets up to twice a month via www.bookmyshow.com
- Enjoy waiver of 2.5% fuel surcharge on fuel purchases at HPCL petrol pumps when the card is swiped at ICICI Merchant Services swipe machines. The fuel surcharge exemption is applicable only for transactions up to Rs 4,000.
- Earn 2 ICICI Reward Points for every Rs 100 spent, except on fuel purchases. Redeem your ICICI Reward Points for attractive products.
amazon payment ICICI Bank Credit Card
No registration fee or annual fee
- No limit or expiration date for rewards earned with this card
- Rewards earnings can be used to purchase over 10 million products on www.amazon.in and over 100 merchant partners.
- 5% cashback on transactions made on www.amazon.in for Amazon Prime members*
- Get 3% cashback on transactions made on www.amazon.in for customers who are not Amazon Prime members*
- 2% back on transactions with 100+ Amazon Pay merchant partners when you use this card on Amazon Pay*
- 1% cashback on all other payments*
New credit card rules: SBI Card, ICICI Bank and HDFC Bank latest changes in credit card rules
Kotak Mahindra Bank
811 #DreamDifferent credit card
Key Features
- Earn 4 reward points for every Rs. 100/- online expenses*
- Earn 1 reward point for every Rs. 100/- of other expenses
- Interest-free cash withdrawal
- You can withdraw cash up to 90% of your total credit limit.
- Processing fee of Rs. 100 for each instance of ATM withdrawal and fund transfer
- No interest will be charged for up to 48 days on the cash advance.
- Fuel and rail surcharge exemption
- 1% at all petrol pumps for transactions between Rs. 500/- and Rs. 3000/- (max. Rs. 3500/year)
- 1.8% for transactions on irctc.co.in and 2.5% at Indian Railways reservation counters (maximum Rs 500 per year).
- *4 reward points are applied on the Rupay variant of the 811 #DreamDifferent credit card.
- *2 reward points apply to existing 811 #DreamDifferent credit card.
Canara Bank
Canara Rupay Platinum Credit Card
Key Features
- Lounge Access: Available in select lounges
- Reward Points: 2 points per Rs 100 spent on POS/eCommerce
- Margin fee: 3% on Forex transactions (lowest among peer banks)
- Options for redeeming reward points: cash back or purchasing goods through the specified website.
IDFC FIRST Bank
IDFC FIRST Select Credit Card
Key Features
- Earn up to 10x rewards points that never expire, buy one get one on movie tickets and year-round deals from top brands.
- 10x Rewards Points for cross-spending Rs 20,000 in one statement cycle and on your birthday
- 3x reward points on spend up to Rs 20,000 in one statement cycle
- 3x reward points on rental and property management transactions.
Bank of Baroda
Bank of Baroda first credit card
Key Features
- 2 Reward Points* for every Rs. 100 spent in department stores, spent on movies
- 1 reward point for every Rs. 100 spent in other categories
- 0.5 reward points for every Rs. 100 spent on select MCCs*
- Waiver of 1% fuel surcharge** at all fuel stations on all transactions between Rs 400 and Rs 5000. Max. Rs. 250 per statement cycle).
Yes Bank
YES Prosperity Purchase Credit Card
Key Features
- Enjoy zero annual and enrollment fees with the Prosperity Purchase Credit Card
- Minimum amount owed#-
- • For non-revolving credit: 100% of the total amount owed (TAD)
- • For revolving credit: 5% of the total amount due (TAD) or INR 200, whichever is higher
- Finance charges (on overdue amounts and cash advances from the date of non-payment)#
- • In non-revolving credit: 3.25% pm, 39% pa applicable from the date of the transaction
- • In Revolving Credit 2.49% pm, 29.88% pa applicable from the date of the transaction.
Standard Authorized Bank
Standard Chartered Platinum Rewards Credit Card Benefits
Key Features
- Earn 5 reward points for every INR 150 spent at fine dining restaurants
- Earn 5 reward points for every INR 150 spent on fuel
- Earn 1x Reward Points for every INR 150 spent on other categories
- *Spend of Rs 500 or more within 30 days of card issuance to avoid charging a one-time fee of Rs 250 + GST.
HSBC
HSBC Visa Platinum Credit card
Convert your points into airline miles with Flying Returns from Air India, Etihad Airways, British Airways and Singapore Airlines.
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