Getting your first credit card is a very exciting moment. It is also relatively difficult to decide which credit card to choose when you apply for credit card. You should choose the best credit card for yourself according to your spending pattern and the benefits you wish to obtain.
There are many options to choose from among entry-level credit cards for those who do the credit card apply process online for the first time that offers good value at a reasonable fee. There is no doubt that these cards are an excellent choice for those who have just begun their career or credit journey and who wish to build credit while at the same time gaining benefits.
Listed below are five excellent entry-level credit card alternatives you should consider before you apply for a credit card.
RBL Bank Platinum ShopDaily SuperCard
RBL Bank is among the world’s fastest-growing commercial banks and is rapidly expanding. The RBL Bank offers a wide range of credit cards suited for different types of needs. Customers can choose from several credit cards specifically designed to meet their needs. A credit card with no annual fee when you spend over Rs. 50,000 annually. Using the RBL Bank Platinum credit card, you can earn 5% cashback on every purchase made on grocery products. RBL Bank’s official website allows you to perform the credit cards apply process easily and conveniently.
HDFC’s Money-Back credit card
It’s a good idea to apply for a credit card offered by an HDFC Bank if you’re a beginner in the world of credit cards. Use this card to enhance your credit score and save money simultaneously. Because of its cashback perks, you’ll save money on every purchase you make. Every time you spend INR 150, you will get two reward points and twice if you shop online. You can redeem these points for gifts or air miles with an exclusive rewards catalogue. However, you must have a minimum of 2,500 points to redeem it.
Bajaj Finserv RBL Bank Platinum Choice Credit Card
The card, with a joining fee of only Rs. 499 plus GST, offers a 10% discount on movie tickets on BookMyShow and annual savings of up to Rs. 4,500. You can earn 2x reward points on online spends, get milestone bonuses, withdraw cash interest-free and avail of a personal loan for up to 90 days. Moreover, the card has an easy to meet eligibility criteria, which makes the experience more wholesome.
IndusInd Bank Pioneer Legacy Credit Card
Even though it is a very expensive card, it offers many cashback benefits and offers, and you can apply for credit card online on the IndusInd Bank website conveniently. As a new member, you have the choice of choosing one of the welcome benefits. By using this card, golf enthusiasts can also access some of the country’s most prestigious and expensive golf clubs. Moreover, this card entitles you to receive one reward point for every hundred rupees that you spend with it.
ICICI Instant Platinum Card
ICICI Bank offers the Platinum Instant Card to all its new customers. Using this card regularly will ensure that regardless of your credit score or history, you will be able to create a new credit history. To obtain this card, you will need to make a fixed deposit at your bank. You will also need existing savings account to obtain this card. For this reason, the ICICI Instant Platinum Card is used by people who don’t have a salary, such as students and homemakers, as perhaps one of the best credit cards in India with cashback rewards.
Final Thoughts
To be able to apply for one of these above-mentioned credit cards in India, you have to figure out which of them is right for you. There are substantial differences in the eligibility requirements for credit cards and the features offered by the credit card brands of a single issuer and between variants of a given issuer’s offering. In terms of age, the income source, the place of residence, credit score, etc., the basic characteristics of credit cards do not change much, but the main difference is the minimum income requirement.
