Credit cards are among the most well-known and widely used financial tools globally. Their popularity stems from the ease of application, as one simply needs to visit their local bank to acquire one, coupled with the convenience they provide. Nowadays, however, there are additional options available that enable you to get a credit card linked to your existing bank account, with minimal paperwork and no need to open a new account. The advent of these new entities has intensified market competition, compelling providers to offer better benefits and more favorable terms. Consequently, numerous credit cards now come with no issuance or maintenance fees, along with perks for usage and discounts at specific retailers.
If you’re considering getting your first credit card, here’s a list of options to explore. Review their key features, fees, and the benefits they provide.
Best Credit Card For Beginners
1. Axis Ace Credit Card
The Axis Ace Credit Card is an excellent choice for beginners due to its user-friendly features and suitability for entry-level cardholders, offered by Axis Bank.
- Applying for the Axis Ace Credit Card is straightforward and easy, making it accessible to those new to credit cards.
- With a low annual fee, this card is cost-effective for beginners who prefer to avoid high costs associated with premium cards.
- It offers 5% cashback on bill payments and mobile recharges through Google Pay.
- Cardholders receive 4 complimentary domestic lounge accesses per year.
- The card provides a 1% fuel surcharge waiver on fuel purchases across India.
- Earn reward points on every purchase, including groceries and clothes.
- The card features EMV chip technology for enhanced safety and security.
Axis Bank offers excellent customer service, providing support and assistance to cardholders whenever needed.
Also Read:- Bordering Nations Of India: List Of Neighbouring Countries
2. SBI Card Elite
The SBI Card Elite is a great option for beginners, offered by the State Bank of India for those seeking their first credit card.
Applying for the SBI Card Elite is simple. You can apply online or visit a nearby SBI branch to get your new SBI credit card.
With a reasonable annual fee of 4,999, payable as a one-time payment, this card offers several benefits:
- Receive a welcome e-gift voucher worth 5000 on card activation, valid at Yatra, Hush Puppies, Bata, Pantaloons, and more.
- Enjoy free movie tickets worth 6000 per year.
- Earn rewards on every purchase, with the opportunity to earn up to 50000 bonus reward points by spending 12,500 per year.
- Get 5x reward points on department store, grocery, and dining bills.
- Receive 6 complimentary international airport lounge accesses per year.
- Enjoy 2 complimentary domestic airport lounge accesses per year.
3. Flipkart Axis Bank Credit Card
The Flipkart Axis Bank Credit Card, a collaboration between Axis Bank and Flipkart, is a popular choice for those looking to use a credit card for shopping.
- Applying for this card is simple through the Flipkart App. It is particularly appealing to beginners as it has no annual fee, making it an affordable option.
- Upon the first transaction, the card offers a Flipkart voucher worth Rs 500, exclusively for use on the Flipkart app. Additionally, there is an instant 50% discount on the first Swiggy order when payment is made using the Flipkart Axis Bank Credit Card.
- A welcome benefit of Rs 600 is credited upon activation of the card. There is also an unlimited 5% cashback on spending at Flipkart with the card.
The card includes 4 complimentary airport lounge accesses per year. The application process is straightforward, requiring only your details and PAN for approval.
Also Read:- Top 10 Highest Paying Jobs in India 2024: Salary Package Revealed
4. HSBC Visa Platinum Card
The HSBC Visa Platinum card offers a user-friendly experience, perfect for those new to credit cards. It serves as an excellent introduction to the world of shopping convenience. Issued by HSBC Personal Bank, this card stands out for several reasons:
- No joining fee or annual fees make it an attractive option for beginners.
- Earn 5x rewards on purchases exceeding 15,000.
- Enjoy up to 3,000 in savings on fuel surcharges annually.
- Receive a welcome bonus of a 500 Amazon voucher.
- Benefit from robust safety and security features.
- Zero liability for unauthorized transactions after reporting a lost card.
- Emergency card replacement is available via phone.
- Travel with ease thanks to complimentary airport lounge access, travel insurance, and discounts on flights and hotels.
5. Citibank cashback Credit Card
The Citibank cashback credit card is highly favored among beginners for its lucrative cashback rewards program, offering numerous benefits to cardholders.
- A key highlight is its cashback rewards program, enabling cardholders to earn cashback on various transactions such as groceries, dining, and fuel purchases. It offers 5% cash back on telephone and utility bill payments and 0.5% cashback on all other transactions.
- The cashback is automatically credited to the statement, with a minimum redemption amount of Rs 500, making it convenient for users.
- New cardholders are greeted with welcome offers, including cashback and vouchers upon card activation, enhancing the card’s value proposition.
- One of its most appealing aspects is the absence of annual fees, making it a cost-effective choice for all users.
The card also features contactless payment technology, allowing for quick and secure transactions.
6. Amazon Pay ICICI Credit Card
The Amazon Pay ICICI Credit Card, a collaboration between ICICI Bank and Amazon Pay, is highly sought after among consumers.
- Applying for the Amazon Pay ICICI Credit Card is a breeze through the Amazon app, making it accessible even for newcomers.
- With no joining fee or annual fee, the card is a cost-effective choice for users.
- One of its standout features is its rewarding program, offering cashback on Amazon purchases that can be redeemed for future shopping.
- Prime members enjoy a 5% cashback on Amazon transactions, while non-Prime members receive 3% cashback.
- Additionally, using Amazon Pay for transactions earns an extra 2% cashback.
- The card also comes with enticing welcome offers, such as cashback or Amazon vouchers, adding instant value for new cardholders.
For those unfamiliar with contactless payments, the card offers a convenient contactless payment option.
7. Standard Chartered Super Value Titanium Credit Card
The Standard Chartered Super Value Titanium Credit Card is highly recommended for daily expenses, known for its attractive cashback and rewards points for cardholders.
- Cardholders can enjoy up to 5% cashback on fuel purchases, with a maximum cashback of 200 per month at fuel stations.
- Additionally, the card offers 5% cashback on phone bills for transactions over 750, with a monthly cashback cap of 200.
- For utility bills, the card provides 5% cashback on transactions over 750, with a maximum cashback of 100 per month.
- The card’s reward program is also popular, offering rewards on every purchase of 150 made with the credit card. These reward points can be redeemed for various vouchers and discounts.
New cardholders can benefit from secure online payment options and the convenience of contactless credit card payments.
Also Read:- How Many Days in a Year?
8. Simply CLICK SBI Card
The SimplyCLICK SBI card, offered by State Bank of India, is a popular choice for online shopping, financing, and utility bill payments. It is known for its affordability, with a one-time annual fee of 499 and a renewal fee of 499.
- New cardholders receive a welcome gift upon activation, which includes an Amazon gift card worth 500. The card offers 10x reward points on purchases from Apollo, BookMyShow, Dominos, Myntra, Swiggy, and other partners, and 5x reward points on all online transactions.
- Cardholders also enjoy additional perks, such as e-Vouchers worth 2000 upon reaching milestones of 1 lakh or 2 lakh in spending, a 1% fuel surcharge waiver on transactions of 500 and above, and contactless payment options for added convenience and security.
Moreover, the SimplyCLICK SBI card provides benefits like purchase protection, extended warranty coverage, and fraud liability cover for online transactions, ensuring peace of mind for cardholders.
9. Axis Bank Neo Credit Card
The Axis Bank Neo credit card is designed to offer a range of lifestyle benefits, including discounts on dining, shopping, entertainment, and more.
- Cardholders can enjoy a 40% discount on the Zomato app using the “AXISNEO” coupon code, with a maximum discount of 120. This offer is available twice a month.
- For bill payments via the Amazon Pay app, cardholders receive a 5% discount, with up to 150 off on mobile recharge, DTH recharge, etc. This offer is valid once a month.
- The card also provides a 10% discount on Blinkit, Myntra, and movie tickets on BookMyShow.
- Chip and PIN protection ensure security for every cardholder.
- The card offers Edge Rewards points, with 1 point given for every 200 spent. These points can be redeemed as vouchers or offers.
As an activation benefit, cardholders receive 100% cashback on paying the first utility bill within the first 30 days, up to 300.
10. Cashback SBI Card
The Cashback SBI Card is highly popular among users, especially beginners, looking to earn cashback on their purchases. This card welcomes users to a world of fantastic cashback rewards and is provided by the State Bank of India.
- Cardholders can enjoy various benefits, including 5% cashback on online transactions with most brands and 1% cashback on offline spending. It offers a seamless experience for beginners, with cashback automatically credited to the bank account two days after the next statement generation.
- Additionally, the card provides a 1% Fuel Surcharge Waiver at all petrol pumps in India. With an affordable joining fee of just 999 and a renewal fee of 999 for the following year, users can easily enjoy the benefits of this card. Renewal eligibility is granted if a user spends 200,000 in the first year.
The Cashback SBI Card also offers a spend-based reversal feature. It is a contactless card, ensuring fast and convenient purchases, while also providing enhanced security to reduce the risk of card loss and fraud.
FAQs:-
Q: How can I apply for these credit cards?
A: You can apply online through the bank’s website or visit the nearest branch for assistance.
Q: Do these cards have annual fees?
A: Some cards have minimal or no annual fees, while others may have a one-time or yearly fee.
Q: What are the rewards and benefits offered?
A: Rewards may include cashback, discounts on shopping, dining, and travel, along with welcome gifts and lounge access.
Q: Are there any eligibility criteria for beginners?
A: Basic eligibility includes age, income, and credit score requirements, usually specified by the bank.
Q: How can I make payments and manage my credit card account?
A: Payments can be made online through net banking, mobile apps, or at bank branches. Account management is convenient through online portals.
Q: Is there a grace period for bill payments?
A: Yes, most credit cards offer a grace period, typically ranging from 20 to 50 days, during which no interest is charged on purchases.
Q: Can I upgrade my beginner credit card to a premium one?
A: Yes, banks often provide upgrade options based on your credit history, usage patterns, and eligibility criteria.
Q: What should I do if my credit card is lost or stolen?
A: Immediately report the loss to the bank’s customer service helpline to block the card and prevent unauthorized transactions.
Q: How can I build a good credit score with these cards?
A: Use your credit card responsibly by making timely payments, staying within your credit limit, and avoiding unnecessary debt.
Q: Are there any additional fees or charges I should be aware of?
A: Apart from annual fees, watch out for charges like late payment fees, cash advance fees, and foreign transaction fees, which may apply in certain situations.