Credit cards have different role in our daily lives, especially when it comes to online purchases, travel bookings, and other expenses. However, choosing the card which is best for you can be a difficult task, especially for first-time users. With so many credit cards on offer, it’s easy to get confused about which one to choose. In this article, we will explore the best entry level credit cards in India, their benefits, eligibility criteria, and how to apply for them.
5 Best Entry Level Credit Cards in India
1. Axis Bank MY ZONE Credit Card:
This credit card offers excellent benefits for those who enjoy dining out and shopping. With this card, you can get cashback on movies, dining, and shopping. It also offers discounts on partner merchants and fuel surcharge waivers.
2. HDFC Bank Millennia Credit Card:
This card is perfect for those who love to shop online. It offers cashback on online shopping, partner restaurants, and taxi bookings. It also offers discounts on partner merchants and fuel surcharge waivers.
3. Cashback SBI Credit Card:
As the name defines, this credit card offers cashback on all your offline and online purchases. It also offers discounts on partner merchants and fuel surcharge waivers.
4. Flipkart Axis Bank Credit Card:
This card is perfect for those who shop regularly on Flipkart. It offers cashback on all your purchases on Flipkart, as well as discounts on partner merchants.
5. Amazon Pay ICICI Bank Credit Card:
This credit card is perfect for those who shop frequently on Amazon. It offers cashback on all your purchases on Amazon, as well as discounts on other partner merchants.
Benefits of Best Entry Level Credit Cards
- Cashback: Most entry-level credit cards offer cashback on your transactions. This means that you can earn a certain percentage of your spendings back as cashback.
- Reward Points: Many credit cards offer reward points for every purchase you make. These reward points can be availed for discounts, vouchers, and other benefits.
- Milestone Benefits: Some credit cards offer milestone benefits, where you can earn additional rewards for reaching a certain spend threshold.
- Travel Benefits: Some credit cards offer travel benefits such as airport lounge access, flight discounts, and travel insurance.
- Movie and Dining Benefits: Some credit cards offer discounts and cashback on movie ticket bookings and dining out.
- Other Benefits: Some credit cards offer additional benefits such as fuel surcharge waivers, discounts on partner merchants, and more.
Eligibility for Entry Level Credit Cards
To be eligible for an entry-level credit card, you must meet the following criteria:
- Applicant must be at least 18 years of age.
- Should have a steady source of income.
- Must have a good credit score.
- Applicant must be a resident of India.
How to Apply for Best Entry Level Credit Cards?
To apply for an entry-level credit card, follow these steps:
- Visit the bank’s website.
- Select such card that you wish to apply for.
- Fill out the application form with your personal and financial details.
- Submit the required paperworks such as ID proof, address proof, and income proof.
- Wait for the bank’s approval.
Choosing the appropriate credit card can be a difficult task, but with the correct information, it can be a breeze. In this article, we explored the best entry-level credit cards in India, their benefits, eligibility criteria, and how to apply for them. Remember to choose a credit card that suits your spending habits and gives the best rewards and benefits as per your needs.