Top 5 Popular Premium Credit Cards in India

Premium Credit Cards are exclusively designed for the premium customers. The annual fees associated with premium credit card is very high. However, premium credit card offers exclusive benefits to the customer. This type of credit card is offered only to high earning individuals. Some of the card falls under super premium category which are extremely difficult to get approved or approved based on invitation only. This type of cards offers exclusive benefits such as airport lounge access, concierge services, travel insurance, club membership etc. In this post, we will look at Top 5 Popular Premium Credit Cards in India.

premium credit cards

Top 5 Popular Premium Credit Cards in India

#1. Standard Chartered Ultimate Card

The first popular premium credit card is Standard Chartered Ultimate Card. This card is premium lifestyle card.  This card offers travel and dining privileges to the customer along with best reward benefits. Key Features of Standard Chartered Ultimate Card is given below.

Key Features

  • Enjoy up to INR 10,000 cashback on MakeMyTrip
  • Up to 25% discount at top 250 restaurants in the country
  • 5% cashback on duty-free spends
  • Complimentary Priority Pass Membership
  • 24×7 access to concierge helpline
  • Exclusive dining and golf privileges
  • Travel and Accident coverage

Fees

Joining Fees – Rs.5000

Renewal Fees – Rs.5000

#2. Citibank Premier Miles 

Citibank Premium Miles is one of the best premium credit cards. As name indicates this card is good choice for travelling users. Key features and fees associated with Citibank Premier Miles are given below.

Key Features

  • Earn 10 miles for every Rs.100 spent on airline transactions
  • Never expiring miles. You can redeem your miles for flights without blackout dates
  • 15% dining discount across participating restaurants
  • Transfer Mile facility. You can transfer mile for hotel and airline partners
  • Complimentary access to airport lounges

Fees

Joining Fees – Rs.3000

Renewal Fees – Rs.3000

#3. Yes First Preferred

Yes First Preferred is exclusive credit card with lot of benefits on travel, lifestyle, dining and movies. Key features and benefits offered by Yes First Preferred credit card are given below.

Key Features

  • Welcome privilege of 15000 reward point on first transaction
  • 25% discount on movie booking at Book My Show
  • 8 Reward points on every Rs.100 spent on card
  • Enjoy waiver of 3 Green Fee at selected golf course in India
  • Life insurance coverage up to 1 Cr for death due to flight accident
  • Dedicated Concierge services
  • Lifestyle benefits on travel, dining, shopping and wellness

Fees

Joining Fees – Rs.2500

Renewal Fees – Rs.2500 

#4. SBI Elite Card

SBI Elite card is one of the premium credit card in India. You will be entitled to multiple privilege benefits by using this card. Key features and benefits of SBI Elite Card are given below.

  • Complimentary membership to the Priority Pass Program
  • 2 complimentary Domestic Airport Lounge visits per quarter
  • Free Movie Tickets worth Rs.6000 every year
  • Complimentary Club Vistara Silver Membership
  • Lowest Forex mark-up charges
  • Exclusive Concierge Services

Fees

Joining Fees – Rs.4999

Renewal Fees – Rs.4999

#5. HDFC Regalia Credit Card

HDFC Regalia is promoted as premium credit card. It is best card for the travelling user. Additionally, this card is highly rewarding with range of exclusive lifestyle options. Key features and benefits of HDFC Regalia Credit card are given below.

  • Complimentary Airport Lounge Access through Priority Pass Membership
  • Lowest Foreign Currency Mark-up
  • Exclusive dining privileges that offer upto 15% discount on dining
  • Air accident insurance cover of Rs. 1 Crore
  • Overseas hospitalization cover of Rs.15 Lakh
  • 24×7 travel concierge service
  • 12 complimentary lounge access per calendar year

Fees

Joining Fees – Rs.2500

Renewal Fees – Rs.2500

Things to consider before applying for Premium Credit Card

  1. The annual fees applicable to premium credit card is very high. One should evaluate it with respect to facility provided by the card.
  2. This card is provided to only high net worth individual. You should check minimum eligibility requirement before applying for this card.
  3. Credit score plays a crucial role for getting approval of premium credit card. One should build a good credit score before applying.
  4. Compare good premium credit card features before making selection.

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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