A variety of annual fees are associated with credit cards in India. Certain cases require you to pay an annual fee.

The best free credit card in India can be found in three situations.

  • There are a few credit cards that offer welcome gifts that are equal to or greater than the sign-up fees. As a result, there will be no net cost.
  • Spend a certain amount on your credit card and you’ll get a fee waiver. It will be free that year.
  • In India, there are only a few lifetime free credit cards.

The annual fee on a credit card is not a major concern for spendthrifts. People like you and me, however, need to save every penny they can with a little effort.

An Annual Fee is a yearly charge by banks and financial institutions to customers for use of their credit cards. The card issuer adds the annual fee to the customer’s statement.

Top 11 Free Of Cost credit Card

1. ICICI Instant Platinum Card :
The Platinum credit card is offered by ICICI bank as a beginner credit card.You can get the ICICI instant platinum credit card for life for free (limited time offer); otherwise, the bank will charge an annual fee of Rs 199. With the platinum credit card, you will receive 3 reward points for every Rs 100 spent. The card can be applied for online through ICICI online banking.

2. ICICI Amazon Pay Credit Card :
One of the best zero annual fee credit cards in India for Amazon shoppers is the ICICI Amazon Pay credit card. If you are an Amazon Prime member, you can save up to 5% on every purchase.For non-prime members, you will receive 3% cashback as Amazon pay balance.

3. Standard Chartered Platinum Rewards Card :
If you want a No Annual Fees credit card for life and are applying for your first credit card, the Standard chartered platinum rewards credit card is your best option. Salaried employees have a high chance of getting the Platinum card.

4. HSBC Visa Platinum Card :
HSBC Platinum is a lifetime free credit card that’s ideal for basic usage like regular spending, free movie tickets, and dining out. Although the HSBC platinum card appears attractive on paper, it is not as good as other cards due to weak reward redemption. There are not as many benefits as they seem. The benefits are either one-time or you have to spend a lot to get better rewards.

5. Standard Chartered Manhattan Credit Card :
Only SC Manhattan offers direct 5% cashback on groceries at supermarkets. A minimum transaction of Rs. 1000 is required to get 5% cashback.A maximum of Rs. 500 in cashback is allowed per month. The SC Manhattan credit card has an annual fee, but if you spend more than 1.2 lakh per year on your credit card, you will enjoy the benefits for free.

6. Amex Membership Rewards Credit Card :
Only the Amex Membership Rewards card offers bonus rewards points for adding money to wallets like Paytm, Amazon Pay, and Freecharge. With four transactions of Rs. 1000 each, you can earn 1,000 bonus membership rewards points worth Rs. 400 every month.

7. SBI Simply Click Credit Card :
The SBI Simply Click credit card is the best for online shopping. You can earn 10X rewards on Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, and UrbanClap. With the card, you’ll receive the annual fee waiver and get a free credit card worth Rs 499.

8. Kotak Royale Signature Credit Card :
With the Kotak Royale Signature credit card, you can earn 4X reward points on hotels, restaurants, travel, and airlines. Additionally, you will receive two complimentary lounge accesses per quarter at domestic airports.

9. Citibank Rewards Domestic Credit Card
With the Citibank rewards credit card, you can earn 10 rewards points when you spend Rs 125 at apparel and department stores. The rewards points can be redeemed at department stores, travel sites, and other gift vouchers.

10. HDFC Moneyback Card :
A basic credit card offered by HDFC is the HDFC moneyback credit card. In addition to the annual fee of Rs 500, the bank offers its bank account holders a lifetime free credit card.

11. Axis Insta Easy Credit Card :
The Axis Bank offers the Axis Insta Easy credit card for free for life. You can open the Axis Insta easy credit card if you already have an axis bank account. Depending on the size of the fixed deposit, you can receive a credit card limit of up to 80%.


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