Top 10 Reward Credit Cards in India in 2024

Posted by  Fintra , updated 2023-12-06

Credits cards, as we all know are a convenient way by which we can buy products and services as simple as gas or groceries to complex products such as Travel packages or even jewellery. 

There is an assortment of plans accessible with different credit card types, one of which is rewards credit cards.

 Benefits of Reward Credit Cards-

1. Procuring rewards or even Mile points.
2. Some of these serve as fraud alerts to ensure the safety and security of the user’s hard-earned money and personal information. They are not linked to any saving or current account, hence added security is ensured.
3. No fees for foreign transactions.

Here's a list of Top 10 Reward Credit Card in India for the year 2024:

1. HDFC Diners Club Rewardz Credit Card

• Joining fee of Rs. 1,000
• Get 3 reward points for every Rs. 150 spent
• Fuel Surcharge Waiver

If you are looking for travel and dining benefits credit card then you should get the HDFC Bank Diners Club Rewardz Credit Card- it’s one of the best cards in the market. This card has been designed for frequent travellers who desire to gain dining discounts. It provides concierge service, air miles conversion with leading airlines, a range of rewards on every purchase, complimentary services along with exclusive offers.

Below are the highlights of the features of HDFC Bank Diners Club Rewardz Credit Card: 

• The welcome benefit includes earning 1000 Reward Points and the Renewal benefit includes earning 1000 Reward Points. These are applicable only after the membership fee is realized and not applicable when the fee is waived off
• Renewal Fee will be waived for the next renewal year by spending Rs. 1L in 12 Months 
• Book Air Tickets / Hotels across 150+ Airlines and choice of Hotels (Domestic & International) at www.hdfcbankdinersclub.com
• You can Redeem Reward points for booking Air Tickets / Hotels across 150+ Airlines and Choice of hotels (Domestic & International) at www.hdfcbankdinersclub.com ( 1 Reward Point = 0.30 AirMile )
• 10 X Reward Point on International spends for shopping at partnered brands 
• Redeem Reward Point for AirMiles across InterMiles, or Singapore Airlines (KrisFlyer Miles). (1 Reward Point = 0.30 AirMile )
• 24/7 concierge for travel needs
• Get 3 Reward Points for every Rs. 150 of Retail spends
• Reward points are valid for just 2 years from the date of accumulation
• Fuel Surcharge Waiver capped at Rs. 500 every billing cycle 

2. BOB Financial Premire

• Annual fee of Rs. 1,000
• A cash withdrawal fee of 2.5% of the transaction
• Finance charges of interest of 3.25% p.m. or 39% p.a.

BOB Financial PREMIER Credit Card complements your 'Premier' lifestyle. With a minimal annual fee, Premier Credit Card is for those who're frequent shoppers because it offers great rewards along with handpicked benefits. Using this credit card, one can avail 1 reward point on each spending of Rs. 100 on any category, and later redeem those reward points for certain gift vouchers or cashback.

 Below are the highlights of the features of the BOB Financial PREMIER Credit Card:

• Avail 10 reward points for every Rs. 100 spent on Traveling, Dining, and Abroad. Maximum reward earning is capped at 2,000 points
• Complimentary Airport Lounge access at 27 participating airport lounges in India, 24 x 7 concierge, and more
• 2 Reward Points for every Rs. 100 spent on other categories
• Spend Rs. 10,000 within 60 days and Rs. 1,20,000 in a year for reversal/waiver of annual fees
• 1% fuel surcharge waived for fuel transactions between Rs. 400 - Rs. 5,000 (Max. waiver of Rs. 250 per month)
• Redeem the earned reward points as cash-back and other exciting options
• Convert purchases of more than Rs. 2,500 on the card into easy EMIs of 6/12 months
• 3 lifetime free add-on cards 
• Free Personal Accidental Death Cover
• Report immediately the loss of the card to ensure zero liability on any fraudulent transactions
• With Revolving credit facility, pay minimum due amount and finance your spends according to your convenience

3. Axis Bank Pride Platinum Credit Card

• The joining fee is NIL
• The renewal fee of Rs. 250
• The cash payment fee is Rs. 100

The Pride Platinum Credit Card is exclusively designed for our brave personnel serving in the Indian Defence Forces. It comes with a shade of the Tricolor on the card itself. This unique cared offers a 15% discount at partner restaurants, fuel surcharge waiver of up to Rs. 250, and earn eDGE loyalty reward points for each transaction which later can be redeemed.

  Below are the highlights of the features of Pride Platinum Credit Card:

• Personalized card with the shades of Indian Flag
• The dedicated 4th embossed line for Army, Navy, or Air Force
• From the second year onwards the annual fee Rs. 250 will be waived on spends of Rs. 20,000 in the preceding year
• Enjoy delicious cuisines with Axis Bank Dining Delights that offers 15% off at partnered restaurants in India 
• 1% fuel surcharge wavier valid on transactions between Rs. 400 and Rs. 4000 only. Maximum benefits up to Rs. 250 per month 
• Get free add-on cards
• EMV certified chip-credit card 
• Zero lost card liability 
• On any transactions above Rs. 2500, contact the bank to convert it into EMIs
• Earn EDGE REWARD points for transactions and use them to redeem 500+ rewards and offers
• Earn 4 points on every Rs. 200 spent on the credit card
• Avail 100 bonus EDGE points every month- The cardholder is required to use the card for spends on Rs. 5000 or more every month 

4. HDFC Diners Club Black Credit Card     

• Joining fee of Rs. 10,000
• Annual fee of Rs. 10,000
• Earn 5 Reward Points per Rs. 150 spent on retail transactions

HDFC Diners Club Black is an elite international credit card that has various lifestyle benefits. It's for those who love to have a luxurious lifestyle and love travelling. This card provides benefits across various categories such as travel, shopping, rewards, dining and golf. It has one of the highest default reward rates of 3.33% and has the lowest foreign currency markup of 1.99%.

  Below are the highlights of the features of HDFC Diners Club Black:

• You will receive Welcome Benefit of Complimentary Annual Memberships with Club Marriott, Double Black, Zomato pro, Amazon Prime, Forbes, and Times Prime by spending Rs. 1.5 lakhs within the first 90 days or when making the payment of the joining fee 
• Upon spending Rs. 5 Lakhs in 12 Months, get Renewal Fee waived for the next renewal year
• Get complimentary annual memberships upon achieving annual spend milestone of Rs 8 Lakhs at the time of Card Anniversary (Card anniversary is 12 months from card open month)
• Pick any 2 benefits amongst Ola Select or cure.fit Live 1-month membership or BookMyShow or TataCLiQ vouchers worth Rs. 500 every month on spends of Rs. 80,000
• Redeem Reward Points to book Air Tickets / Hotels across Airlines and Choice of hotels Domestically & Internationally
• Complimentary Unlimited Airport lounge access in India and worldwide
• Avail exclusive discounts at leading salons, spas, gyms etc.
• Around the globe and within India, avail complimentary Golf games that will be 6 per quarter
• Air accidental death insurance up to Rs. 2 Crore
• Emergency overseas hospitalisation cover up to Rs. 50 Lakhs
• Credit Liability Cover of up to Rs. 9 Lakhs
• Travel Insurance Cover of up to Rs. 55,000 on baggage delay (Capped to 10$ per hour restricted to 8 hours)
• Avail convenience fee waiver of 1% on fuel transactions between Rs. 400 to Rs. 5000 (Maximum waiver of Rs. 1,000 per statement cycle)

5. American Express Platinum Card

• Joining and Renewal fee of Rs. 60,000
• Earn 1,00,000 Welcome Bonus Membership Rewards® Points
• 24X7 CONCIERGE SERVICE

American Express® Platinum Card provides generous rewards, unrivalled experiences and exclusive invitations. It is a well-known issuer of premium credit cards and their services. This credit card, unlike other cards, is made up of steel and provides a luxury vibe. Moreover, it offers many luxury vouchers and rewards that make up for the fee charged.

  Below are the highlights of the features of the American Express® Platinum Card:

• Benefits worth Rs. 37,000 every time one books at one of the 1000+ properties under the Fine Hotels & Resorts collection. Get 25% off at Taj, SeleQtions and Vivanta Hotels
• REMAIN PROTECTED WITH BENEFITS UP TO Rs. 20,000 BY AVAILING:

1. Air Accident Insurance
2. Overseas Medical Insurance
3. Purchase Protection
4. Wallet Protection

• Access over 1,200 Airport Lounges globally that includes the following:

1. The Centurion® Lounge
2. American Express Lounges
3. Priority Pass™ Lounges
4. Delta Sky Club® Lounges when flying Delta
5. Escape Lounges
6. Domestic Partner Lounges in India

• Avail exclusive deals on airlines such as Emirates, Qatar Airways, Virgin Atlantic, British Airways, Air France, KLM, Delta Airlines and more
• Complimentary benefits worth Rs. 37,000 at the iconic 5-star properties. Hotels included are Four Seasons Hotels & Resorts, Mandarin Oriental, The Ritz-Carlton and many more
• Upgrades to Elite Tier Memberships: Taj InnerCircle Silver Tier, Marriott Bonvoy™ Gold Elite Status, Hilton Honors Gold Status, Radisson Rewards Gold Status, Hertz Gold Plus Rewards
• For death due to air accident, get Coverage of Rs. 5 Cr, for loss of checked-in baggage, passport or documents., get coverage of Rs. 50,000, and Avail complimentary Overseas Medical Insurance for US$ 50,000 for the first seven days of a trip
• Avail 3X Membership Reward points on everything, every time you spend abroad
• Access VIP-only events, pre-sale tickets and best seats in the house for concerts, Fashion Weeks, Grammy Awards, Wimbledon and more
• Access favourite restaurants around the world such as Hakkasan London, Zuma Rome, Nobu New York, Cipriani Dubai and many more
• Enjoy access to Platinum Fine Dining at restaurants in Delhi/NCR, Mumbai, Bengaluru, Chennai, Kolkata and other cities. Enjoy meals with a glass of wine and/or dessert at restaurants like Masala Bay, Spicy Duck, The Lodhi, Vetro and Enoteca etc.
• Up to 50% off at over 1800 premium restaurants in India with complimentary membership to EazyDiner Prime. Other privileges include a complimentary drink, preferential reservations & a 24X7 VIP helpline
• Complimentary access at 30+ golf courses across India

6. BOB Financial Easy Credit Card

• Joining and Renewal fee of just Rs. 500
• Get a fuel surcharge waiver
• Network access by VISA

With BOB Financial Easy Credit Card, welcome the 'Easy' living. This is a reward credit card that even provides cashback. The card has an annual fee of just Rs. 500 and when you spend Rs. 35,000 on the card in a year for a fee waiver. This credit card provides up to 5 reward points for every Rs. 100 spent, free insurance coverage, and get up to 50 days of the interest-free period.

Below are the highlights of the features of BOB Financial Easy Credit Card:

• Get 5 reward points for every Rs. 100 spent on Grocery, Departmental stores, and Movies
• Avail 1 reward point for every Rs. 100 spent on other categories
• Avail 0.5% of the card bill payment as cash-back in the next statement
• Spend Rs. 6,000 within 60 days and Rs. 35,000 in a year for reversal/waiver of annual fees
• 1% fuel surcharge waived for fuel transactions between Rs. 400 - Rs. 5,000 (Max. waiver of Rs. 250 per month)
• Redeem the earned reward points as cash-back and other exciting options
• Convert purchases of more than Rs. 2,500 on the card into easy EMIs of 6/12 months
• 3 lifetime free add-on cards
• Free Personal Accidental Death Cover
• Report immediately the loss of the card to ensure zero liability on any fraudulent transactions
• Avail 50 days of interest-free credit from the date of any purchase
• Pay Minimum Amount Due and finance your spends as per your convenience

7. First Citizen Citi Credit Card

• The joining fee is NIL.
• Enjoy the latest lifestyle and travel offers offered on the card
• Full reversal of the fuel surcharge (1%) on fuel purchases at authorized IndianOil outlets

First Citizen Citi Credit Card is launched by Citibank in association with Shoppers Stop. This card is specially made for loyal customers of Shopper Stop as it'll provide them with various rewards and benefits. Upon joining you'll get welcome vouchers worth Rs. 2050 that can be redeemed at Shoppers Stop or Home Stop. Moreover, for every Rs. 100 spent in Shoppers Stop for private label brands, you can earn 7 first citizen points and avail discount of 15 on all the dining bills.

 Below are the highlights of the features of First Citizen Citi Credit Card:

• Welcome Benefits include: Avail 3 Shoppers Stop vouchers worth Rs.500 each and redeem at Shoppers Stop and HomeStop, get a voucher worth Rs. 250 redeemable atshppersstop.com, avail Rs. 500 Shoppers Stop vouchers that are redeemable on Private Brands only
• Avail 500 First Citizen points worth Rs.300 on the first spend within 30 days of card issuance
• Avail 14 First Citizen Points per Rs. 200 spent at Shoppers Stop for private label brands
• Earn 10 First Citizen Points per Rs. 200 spent at Shoppers Stop for other brands
• Earn 10 First Citizen Point per Rs. 200 spent at Homestop, Arcelia, MAC, Clinique, Estee Lauder, Bobbi Brown, Jo Malone, GlamGlow & Smashbox                        
• Instantly redeem First Citizen Points to shop at Shoppers Stop (in-store, website or mobile app), Homestop, Arcelia, MAC, Clinique, Estee Lauder, Bobbi Brown, Jo Malone, GlamGlow & Smashbox
• No Annual fees on annual spends of Rs 30,000 or more
• Get deals and discounts locally & in 90 other countries
• Pay with Points instantly while shopping at Shoppers Stop Outlets
• Turn big purchases into EMIs
• Enjoy sale previews, exclusive payment counters, and complimentary parking at Shoppers Stop
• Up to 20% on dining across participating restaurants with Citi cards
• Experience In-Store Exclusives and Previews facilities that include: Complimentary upgrade to Golden Glow tier First Citizen membership, enjoy sale previews, exclusive payment counters, 15% off during birthday & anniversary month on private label apparels, and complimentary parking at Shoppers Stop
• Dining Privileges include 20% savings amongst participating restaurants

8. Axis Bank Select Credit Card

• An annual income of Rs. 9,00,000 or more are eligible for this card
• Joining and renewal fee of Rs. 3,000
• Free lounge access available

The SELECT Credit Card, a premium card, is best suited for individuals who desire to avail various benefits on travel, shopping, lifestyle, and many other c categories. This card has been crafted to provide maximum lifestyle benefits such as a complimentary Amazon e-voucher, exclusive online discounts on food and groceries, complimentary Priority Pass lounge visits, and Golf rounds across various locations.

Below are the highlights of the features of SELECT Credit Card:

• The SELECT Credit Card welcome benefits include getting Amazon voucher worth Rs 2000 on card activation
• 20% off up to Rs. 500 per month on minimum purchase of Rs. 2000 on Bigbasket
• 40% off up to a maximum of Rs. 200 on Swiggy. Valid twice a month on a minimum transaction of Rs. 400 per order
• Buy one and get up to Rs 300 off on the second ticket on BookMyShow. Offer is applicable once per month per user
• Complimentary Priority Pass Membership with 6 complimentary International Lounge visits in a year
• 2 complimentary domestic lounge visits per quarter
• 6 complimentary rounds of golf per year. Unlock 3 additional visits by spending Rs. 3 lakhs annually
• Annual benefits: Priority Pass Membership renewal on an annual spend of 3 Lakh. Renewal of offers on BigBasket, Swiggy, and BookMyShow
• Get 5000 EDGE points on spending Rs. 3 Lakhs in a card anniversary year
• Complete annual fee waiver on spending Rs. 6 Lakhs in a card anniversary year
• Get 10 Axis EDGE points on every Rs. 200 spends
• Get 2X per Rs. 200 on ‘Retail Shopping’ spends

9. Citi Premire Miles Credit Card

• The annual fee is Rs. 3,000
• Redeem miles over more than 100 domestic and international airlines
• Earn 4 Miles for every Rs.100 spent on all other transactions (Offer Validity: 15 Feb’21-15 Aug’21)

For all those travel freaks, Citibank has specially crafted Citi PremierMiles Credit Card. This card enables users to win free miles and other exciting travel offers. Customers making payments via this credit card can earn high reward points and win miles. Once the air miles have been accumulated they can then be redeemed to purchase flight tickets. Along with providing access to international and domestic airport lounges, the card also offers exclusive deals on flight tickets, hotel bookings and car hire that makes the card an ideal travel credit card.

Below are the highlights of the features of Citi PremierMiles Credit Card:

• Welcome Miles: Avail 10000 miles will be credited on the first transaction greater than Rs 1000 within 60 days of card issuance
• On the yearly card renewal period, get 3000 Bonus Miles
• On every Rs.100 spent on airline transactions on www.premiermiles.co.in earn 10 miles
• Earn 8 miles for every Rs.100 on spends at Amazon India, Flipkart, Myntra
• Transfer your miles to any of the card’s hotel & airline partner
• Miles never expires so you can use them whenever you desire
• Turn big purchases into small payments 
• Complimentary Access to Airport Lounges in India
• Instant loans availed
• Get amazing deals and discounts locally & in other 90 countries
• As you earn more miles, redeem easily at www.premiermiles.co.in
• Save up to 20% across all Citibank's partnered restaurants
• Enjoy the Travel and Lifestyle Services by contacting the Travel and Lifestyle specialist to create and plan an enchanting experience
• Enjoy the latest offers on the credit card 
• Have instant savings on lifestyle and wellness categories 
• Personal Air Accident Insurance cover of Rs 1 Crore
• Lost Card Liability Cover of Rs. 10 Lakh

10. SBI Card Elite

• Joining and an annual fee of Rs. 4,999
• 1% Fuel Surcharge Waiver
• 6 complimentary International Airport Lounge visits per calendar year, (max. 2 visits per quarter) W.e.f. 1st July 2017 

SBI Card ELITE, an all-rounder premium credit card, has specifically designed for high-end users. This card offers various benefits across various categories including shopping, travel, movies and more. Although it's available with a relatively high annual and joining fee of Rs. 4,999, SBI Card ELITE lavishly gives back to its users. It offers complimentary membership to Club Vistara and Priority Pass Program. The SBI Card Elite is a highly rewarding card especially for those who are high spenders.

 Below are the highlights of the features of SBI Card ELITE:

• Upon joining SBI Elite Credit Card, receive a welcome e- Gift Voucher worth Rs. 5,000. Pick from a collection of travel and lifestyle brands: Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion and Shoppers Stop
• Free Movie Tickets worth Rs. 6,000 every year. The transaction is valid for at least 2 tickets per booking per month. The maximum discount is Rs. 250/ticket for 2 tickets only
• Avail up to 50,000 Bonus Reward Points worth Rs. 12,500/ year
• Avail 10,000 bonus Reward Points upon achieving annual spends of Rs. 3 lakhs and Rs. 4 lakhs
• Avail 15,000 bonus Reward Points upon achieving annual spends of Rs. 5 lakhs and Rs. 8 lakhs
• Get 10 Reward Points per Rs. 100 when spending on Dining, Departmental stores and Grocery Spends
• Earn 2 Reward Points per Rs. 100 on all other spends, except fuel
• Avail complimentary membership of the Priority Pass Program worth $99
• Access over 1000 Airport Lounges worldwide
• Every quarter in India, get 2 complimentary Domestic Airport Lounge visits 
• Complimentary Club Vistara Silver membership
• Obtain 9 Club Vistara Points for every Rs. 100 spent on Vistara flights
• Avail complimentary Trident Privilege Red Tier membership  
• Enjoy the privilege of the lowest Foreign Currency Mark-up Charge of 1.99% on International usage
• Be entitled to 2 Reward Points on every Rs.100 spent on International transactions                                                   
• For Mastercard the Privileges are:

1. 4 rounds of complimentary green fees access and up to 50% off on golf games along with 1 complimentary lesson per month at selected golf courses across India
2. 15% discount on best available room rates and up to 15% discount on F&B at Lalit Hotels

• For Visa the Privileges are:

1. Savings of up to 10% on Hertz car rental and up to 35% on Avis Car Rentals
2. Exclusive benefits across 900 luxury hotels worldwide

• For American Express the privileges are:

1. American Express Dining Platform - Discover delectable dining offers & get up to 25% discount in your city
2. Complimentary Tablet plus membership - Access VIP upgrades and privileges at hotels in India and around the globe

• Complimentary credit card fraud liability cover of Rs. 1 lakh

Conclusion

You can choose any credit card which suits your expenditure style and which is not too expensive to maintain. Owning a credit card might seem a fun experience, but one should always keep an eye on their expenditure. Many of these credit cards come with hidden charges, so beware of these charges and always read the terms and conditions thoroughly before signing any documents. Refrain from any late payments of the credit card to ensure that no late fee is charged. Stay safe.