10 Lifetime Free Credit Card in India – No Annual Fee

A free credit card means card available without annual fee or charges. These types of credit card are also known as lifetime free credit card. You are not required to pay annual fees to hold this card. You just need to pay for what you use.

A free credit card helps the customer to reduce the overall cost of using a credit card. If you are planning for a new credit card you should look at Lifetime free credit cards. These types of card will defiantly help you in saving extra money. Some of the credit card in the list provide annual waiver if you spend certain amount in a year using a credit card.

I have done market research and found out 10 Lifetime Free Credit Card in India.

Also Read – 10 Best Credit Cards in India 2019 Review (Latest)

10 Lifetime Free Credit Card in India – No Annual Fee

A list of Lifetime Free Credit Card is given below –

  1. ICICI Platinum Chip Credit Card
  2. ICICI Bank HPCL Coral Credit Card
  3. SBI Simply Save
  4. Standard Chartered Platinum Reward Credit Card
  5. Citibank Rewards Domestic Credit Card
  6. Central Bank of India Titanium Credit Card
  7. HSBC Visa Platinum Card
  8. HDFC Moneyback Card
  9. Kotak Royale Signature Credit Card
  10. Kotak League Platinum Credit Card

free credit card

#1 ICICI Bank Platinum Chip Credit Card

The first free credit card in the list is ICICI Platinum Chip Credit Card. This card provides multiple benefits and rewards to the customer. The main benefit is annual fee waiver.  It is one of the best credit card for salaried. Key features and benefit associated this card are given below.

Features and Benefits –

  • Credit card annual fee will be waived off on the annual spend of Rs.50000 or above
  • You will be able to save 15% on the dining bill
  • Fuel surcharge 1% waiver
  • Earn 2 payback point on every Rs.100 spent
  • Enhance security of chip card to protect against the risk of fraud
  • Eligibility for this card is stringent and it is offered to eligible corporates only

This card is most suitable for first-time credit card user and corporate employees.

#2 ICICI Bank HPCL Coral Credit Card

ICICI Bank HPCL Coral Credit card is next in the list of free credit card. The prime objective of this card is to provide you extra saving on the fuel. The features of ICICI platinum chip card and this card is somewhat similar. Key features and benefits of this car are given below.

Key Features

  • Annual fee waiver on usage of Rs.50000 or above.
  • Get Rs.100 off on movie ticket twice per month.
  • 15% saving on dining bill
  • 5% cashback on fuel spend on HPCL petrol pump
  • Fuel surcharge 1% waiver

If you are spending a lot on fuel you can use this card to reduce your fuel bill.

#3 SBI Simply Save

SBI Simply Save is next in the list of free credit card. You can save lot of money by using this card. Annual fee applicable on this card can be waived off if your annual spend via this card is Rs.90000 or above. Key Features and benefit detail of this card is given below.

Features and Benefits

  • Enjoy 10x Reward per Rs.100 spent on Dining, Movies, Department stores, and Grocery
  • Fuel surcharge waiver
  • Auto utility bill payment
  • Cash on the Go Facility

SBI Simply Save is the best card for saving extra money.

#4 Standard Chartered Platinum Reward Credit Card

Standard Chartered Platinum Reward Credit card is one of the best free credit cards.  A special advantage of Standard Chartered Platinum Reward Credit card is this card provides a lucrative offer of 20% cashback per month on the Uber rides. This means you can save sustainable amount on Uber ride per year. Key features and benefit detail of this card is given below.

Key Features & Benefits

  • No Annual and Joining Fees
  • Earn 5 reward points for every Rs.150 spent on dining outlets and on fuel.
  • 20% discount for first time user of the big basket.
  • 1000 reward points on the first transaction of a credit card.
  • Additional 500 reward points for registering online banking.

#5 Citibank Rewards Domestic Credit Card

Citibank Rewards Domestic Credit card is one of the best credit card. No annual fee is applicable for this card if you spend annually Rs.30000 or above. If you don’t cross annual spend limit you need to pay Rs.1000 annual fees. The benefit offered by this card is given below.

Features and Benefits –

  • 10X Reward Points for every Rs125 spent at Apparel and departmental store
  • Up to 15% saving across participating restaurants
  • 1000 bonus points on first Rs.1000 spend
  • Personal Concierge Services
  • Gift Vouchers Benefits

Citibank Rewards Domestic card is the Best card for Rewards.

#6 Central Bank of India Titanium Credit Card

Central Bank of India Titanium Credit card is premium credit card available with no issuance fee. This card is widely accepted at all merchant outlets across the world. You can even use this card for ATM withdrawal. The key features of this card are given below.

Features and Benefits –

  • Highly secured card with OTP generation on every transaction.
  • 55 days of credit free card usage facility.
  • Auto Debit Facility available for this card.
  • Complimentary airport lounge access facility

Central Bank of India Titanium Credit card is best suitable for low-income group people. To apply for this card gross annual income should be 1.5 Lakh per annum.

#7 HSBC Visa Platinum Card

HSBC Visa Platinum Card is one of the best cards without any annual or joining fees. This card offers multiple benefits such as cash back, free movie voucher & fuel surcharge waiver.

Features and Benefits –

  • 10% cashback up to Rs.3000 with a minimum spend of Rs.30000.
  • 15% discount as dining privileges in major cities.
  • Fuel Surcharge Waiver
  • Movie Voucher Offer
  • Multiple reward and discount on selected products.
  • Free Credit Period up to 52 days.

HSBC visa platinum credit card is best for rewards and cashback. No joining or annual fee is applicable for this card.

#8 HDFC Moneyback Card

HDFC Moneyback as the name suggests it is best suited free credit card in India for Money back purpose. Rs.1000 is annual fees applicable on this card. However, this fees can be waived off by spending Rs.50000 annually. Key features of HDFC Moneyback Card is given below.

Key Features and Benefits –

  • 2x Reward Points on online shopping
  • Redeem reward point as cashback
  • Zero liability on lost card
  • Fuel Surcharge waiver
  • Spend Rs.50000 in a quarter and get Rs.500 E-Voucher

HDFC Moneyback card is best for cashback. This card is offered to both salaried and self-employed.

#9 Kotak Royale Signature Credit Card

Kotak Royale Signature Credit card is lifestyle credit card. This card is offered with annual fees of Rs.999. However, this fees can be waived off at an annual spend of 1 Lakh.

Features and Benefits –

  • 4x and 2x Reward points
  • Fuel Surcharge Waiver
  • Free access to Airport Lounge
  • 5 Lakh cover against fraudulent usage

Kotak Royale Signature Credit Card is best suitable for lifestyle expenses.

#10 Kotak League Platinum Credit Card

Another best free credit card from Kotak is Kotak League Platinum Credit Card. Kotak League Platinum Credit card is also lifestyle credit card with multiple reward benefits. Joining fee of this card is NIL. Annual fee is Rs.499 which can be waived off, if you spend Rs.50000 in a year. Key features of this card is given below.

Key Features

  • You can Earn up to 8X reward points on every Rs. 150 spent
  • 500 movie Voucher as joining gift
  • Fuel surcharge waiver
  • Credit Card league shield – Protection cover for card
  • Easy Reward Redemption

This card is best suited for middle class people. Annual income requirement for this card is Rs.5 Lakh.

Note –

Although these cards are offered with no annual fee it does not mean that it is completely free. You should evaluate the cards based on your requirements. Also go through most important terms and condition before opting for any credit card.

Do Share your experience with a free credit card in the comment section.

Article by Raviraj

Raviraj is the man behind moneyalpha.com. He is graduate in finance, engaged in blogging since 6 years. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

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