Introduction
Credit cards can help you earn rewards like money back, points for travel, or discounts on shopping. If you use a good credit card, you can get more benefits. Here are some of the best credit cards in India for rewards in 2024.
Why Choose a Credit Card with Rewards?
Credit cards with rewards give you extra benefits when you spend money. You can earn cashback or points, which can be used for flights, gifts, or discounts. A good credit card helps you get more value for your spending.
What to Check Before Choosing a Credit Card
- Rewards Rate: This tells you how much you get back for every rupee you spend. Higher rates are better.
- Sign-Up Bonus: Some cards give you extra rewards when you first get them.
- Annual Fee: Check if the card has a yearly fee. Make sure the rewards are worth the fee.
- Redemption Options: See what you can do with your rewards. Some cards offer many choices.
Best Credit Cards for Rewards in India (2024)
HDFC Bank Regalia Credit Card
Rewards Rate: 2 points for every ₹150 spent.
Sign-Up Bonus: 2,500 points if you spend ₹50,000 in the first 90 days.
Annual Fee: ₹2,500
Benefits: Good for dining, travel, and shopping. Offers airport lounge access and travel insurance.
ICICI Bank Sapphiro Credit Card
Rewards Rate: 2 points for every ₹100 spent.
Sign-Up Bonus: Up to 8,000 points if you spend ₹1.5 lakh in the first 90 days.
Annual Fee: ₹6,000
Benefits: Great for travelers with premium travel benefits like airport lounge access.
Axis Bank Vistara Credit Card
Rewards Rate: 3 Vistara points for every ₹200 spent.
Sign-Up Bonus: 2,500 points on first spend.
Annual Fee: ₹3,000
Benefits: Perfect for frequent flyers with Vistara. Offers free miles and priority check-in.
American Express Membership Rewards Credit Card
Rewards Rate: 1 point for every ₹50 spent.
Sign-Up Bonus: 5,000 points if you spend ₹5,000.
Annual Fee: ₹1,000
Benefits: Flexible rewards with many options. Includes access to exclusive events.
SBI Card Elite
Rewards Rate: 2 points for every ₹100 spent.
Sign-Up Bonus: 10,000 points if you spend ₹1 lakh in the first 60 days.
Annual Fee: ₹4,999
Benefits: Luxurious benefits like lounge access and movie tickets.
Kotak Mahindra Bank Privy League Signature Credit Card
Rewards Rate: 5 points for every ₹100 spent on international transactions.
Sign-Up Bonus: 2,000 points if you spend ₹10,000.
Annual Fee: ₹1,999
Benefits: High rewards for international spending. Includes travel benefits like lounge access.
Yes Bank Prosperity Rewards Plus Credit Card
Rewards Rate: 1.5 points for every ₹100 spent.
Sign-Up Bonus: Up to 3,000 points on first spend.
Annual Fee: ₹999
Benefits: Good rewards for everyday spending. Offers many choices for redeeming points.
Summary
Credit cards with rewards can give you extra value. You can earn cashback or points for travel and shopping. The cards listed above are some of the best for rewards in 2024. Pick a card that suits your spending habits and needs.
Conclusion
Choosing the right credit card can help you earn more rewards. Look at the rewards rate, sign-up bonuses, annual fees, and what you can do with your rewards. The cards listed here are among the best in India for 2024.
References
- HDFC Bank
- ICICI Bank
- Axis Bank
- American Express
- SBI Card
- Kotak Mahindra Bank
- Yes Bank
