Best credit cards in India for different income groups

A credit card is an easy, cashless payment option for various expenses. One can get several benefits on travel, shopping and dining. Credit cards can be used for online rent payments and earn various rewards. When applying for a credit card, one must check the minimum income requirement to avoid application rejection. Most banks offer credit cards catering to different income groups. The credit limit is determined based on one’s income, credit history and other factors.

See also: Lifetime free credit cards offered by top banks in India

 

Credit cards for income below Rs 25,000

Credit card	Annual fee
ICICI Bank Coral Contactless Credit Card	Rs 500
HDFC Easy EMI Credit Card	Rs 500
SBI SimplyCLICK Credit Card	Rs 499
HDFC MoneyBack Credit Card	Rs 500

 

ICICI Bank Coral Contactless Credit Card              

This credit card by ICICI Bank is an entry-level card suited for those earning Rs 20,000 per month. The benefits include 10,000 reward points every anniversary year and two reward points per Rs 100 spent (except fuel).

HDFC Easy EMI Credit Card         

The HDFC Easy EMI Credit Card offers several shopping benefits. It is ideal for individuals earning Rs 10,000 per month. It offers 500 cash points on the membership fee.

SBI SimplyCLICK Credit Card      

This credit card by SBI Bank provides shopping and travel benefits. This card is ideal for those earning Rs 20,000 per month.

HDFC MoneyBack Credit Card

The MoneyBack Credit Card by HDFC Bank offers rewards and cashback. The minimum income requirement is Rs 13,500 per month.

 

Credit cards for income between Rs 25,000 and Rs 30,000 per month

Credit card	Annual fee
HDFC Platinum Times Credit Card	Rs 1,000
Flipkart Axis Bank Credit Card	Rs 500
Amazon Pay ICICI Credit Card	Nil
Indian Oil Citibank Credit Card	Rs 1,000
YES Prosperity Rewards Plus	Rs 499

 

HDFC Platinum Times Credit Card

The Platinum Times Credit Card by HDFC Bank is an entertainment credit card with reward points on dining spends.

Flipkart Axis Bank Credit Card

This co-branded credit card by Axis Bank comes with various benefits for shopping on Flipkart and other partner websites.

Amazon Pay ICICI Credit Card

It is a co-branded credit card by ICICI Bank, which provides numerous benefits and cashback for Amazon Prime Members.

Indian Oil Citibank Credit Card

This card by Citibank provides fuel transaction benefits from Indian Oil. One can avail of benefits on grocery spending through this card.

YES Prosperity Rewards Plus

This entry-level credit card offers reward points on spending across categories.

 

Credit cards for income between Rs 50,000 and Rs 1 lakh per month

Credit card	Annual fee
ICICI Sapphiro Credit Card	Rs 3,500
SBI Elite Credit Card	Rs 4,999
HDFC Regalia Credit Card	Rs 2,500
American Express Platinum Travel Credit Card	Rs 5,000
Standard Chartered Manhattan Platinum Credit Card	Rs 999

 

ICICI Sapphiro Credit Card

The ICICI Sapphiro Credit Card provides several travel and shopping benefits.

SBI Elite Credit Card

The SBI Elite credit card is a premium card that provides benefits across categories, such as travel, dining and movies.

HDFC Regalia Credit Card

The Regalia Credit Card by HDFC Bank provides various rewards and travel benefits.

American Express Platinum Travel Credit Card

The Platinum Travel Credit Card by American Express is ideal for those looking for travel benefits.

Standard Chartered Manhattan Platinum Credit Card

This credit card is best suited for those looking for everyday shopping benefits. One can earn cashback on spending at supermarkets.

 

Credit cards for income above Rs 1 lakh per month

Credit card	Annual fee
IndusInd Bank Pinnacle Credit Card	Rs 12,999
Axis Bank Magnus Credit Card	Rs 12,500
HDFC Bank Infinia Credit Card	Rs 10,000
YES FIRST Exclusive Credit Card	Rs 9,999
ICICI Bank Emeralde Credit Card	Rs 12,000

 

IndusInd Bank Pinnacle Credit Card

The Pinnacle Credit Card by IndusInd Bank provides reward points on online travel and airline transactions and several other benefits.

Axis Bank Magnus Credit Card

The Magnus Credit Card by Axis Bank provides travel and dining benefits. One gets a luxe gift card, the Postcard Hotels or a Yatra voucher worth Rs. 12,500 as a welcome benefit.

HDFC Bank Infinia Credit Card

The Infinia Credit Card by HDFC Bank provides travel and shopping benefits. It comes with unlimited domestic and international lounge access.

YES FIRST Exclusive Credit Card

This credit card is a super-premium card by Yes Bank. One can avail of numerous rewards, travel and lifestyle benefits with this card.

ICICI Bank Emeralde Credit Card

The Emeralde credit card by ICICI Bank is a premium lifestyle card ideal for high net-worth individuals.

 

FAQs

Which credit card is best for a salary account?

Some of the top credit cards for salaried individuals are the Axis Bank Platinum Credit Card, HDFC Bank Diners Club Black Card, Flipkart Axis Bank Credit Card and Amazon Pay ICICI Credit Card.

What is the credit limit for Rs 50000 salary?

The credit limit is typically two to three times one’s monthly income. For a salary of Rs 50,000, one can expect a credit limit of Rs 1-1.5 lakh.

Which credit card can I get with Rs 25000 salary?

ICICI Bank Coral Contactless Credit Card, HDFC Easy EMI Credit Card, SBI SimplyCLICK Credit Card, HDFC MoneyBack Credit Card and HDFC Easy EMI Credit Card are some of the credit cards suitable for those earning Rs 25,000 per month.

Can I get an HDFC credit card with Rs 20000 salary?

The HDFC Easy EMI Credit Card is ideal for those with an income of up to Rs 10,000 per month. The card offers 500 cash points on the membership fee.

Which bank gives credit cards easily in India?

Most banks in India, such as ICICI Bank, SBI, HDFC Bank, Axis Bank and Citibank, provide credit cards.

What is the credit limit on the SBI SimplyCLICK Credit Card?

The credit limit depends on credit score, income and the highest limit on existing credit cards. The credit limit is shared with the applicants only when they receive the SBI SimplyCLICK card.

Which credit card is best for low-income earners?

The HDFC MoneyBack Credit Card, SBI SimplyCLICK Credit Card and ICICI Platinum Chip Credit Card are popular options for those with income below Rs 25,000 per month.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com