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To find the best credit card for beginners India, you should focus on cards with low or no annual fees. And a good approval rate for those building their credit history, and here you will find each of the best options.
The credit card for beginners India goes beyond just making everyday purchases. When used well, these cards become your ally and in the future will help you get a better card or even loans and financing.
In this article, we will explore the most relevant credit card for beginners India options, analyzing fees, benefits, and the history of issuing banks. We will detail 7 of the most popular and accessible cards so you can choose yours among them. Keep reading.
Detailed Analysis of the Best Credit Cards for Beginners in India Today
The Indian credit market offers many options. Below, we will analyze the options, providing an honest review, so you can choose the right one.
1. SBI Cashback Card (Credit Card for Beginners India)
The SBI Cashback Card is a prominent option for those looking for a credit card for beginners India with easy returns.
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Initially, it offers a generous 5% cashback on all online purchases, and most importantly, without store restrictions. Thus, it is extremely versatile in everyday savings.
Furthermore, for in-person purchases, the cashback is 1%. The card has an annual fee of ₹ 999.00. Which is waived if the user spends ₹ 2 lakh per year.
Beginners should be aware that initial credit limits are modest, indicating values close to ₹ 10,000.00.
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The Annual Percentage Rate (APR) of interest is approximately 45% per year. And cashback is credited within 2 days after the billing cycle closes.
2. HDFC Millennia Credit Card
Aimed at the digital consumer, the HDFC Millennia is a strong contender in the credit card for beginners India segment focused on cashback.
First, it stands out by offering 5% cashback on digital partners. Which includes purchases on Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber, BookMyShow, and Cult.fit.
You will also get 1% cashback on all other expenses and have a grace period of up to 50 days.
The annual fee is ₹ 1,000.00, waived with ₹ 1 lakh of annual spending.
A differential, unusual for entry-level cards. Is access to domestic VIP lounges per year (2 per quarter), in addition to discounts of up to 20% at partner restaurants. The APR is around 43.2%.
3. Axis Bank Ace Credit Card
The Axis Bank Ace differentiates itself by rewarding the convenience of bill payments, making it a credit card for beginners India that rewards essential spending.
As a rule, you will get 5% cashback on bill payments (electricity, DTH, etc.) made specifically via Google Pay, and 4% cashback on food and transport apps like Swiggy, Zomato, and Ola. Other expenses yield 1% cashback.
With so many ways to receive cashback, this is undoubtedly one of the best credit cards with cashback India.
The annual fee is ₹ 499.00, which is waived when spending ₹ 2 lakh per year.
It includes 4 accesses to domestic VIP lounges per year and an attractive 20% discount at over 4,000 partner restaurants.
The APR is the highest among those analyzed, about 52.86%, and the grace period is approximately 50 days.
4. IDFC FIRST Bank Classic Credit Card (Credit Card for Beginners India)
For those who prioritize zero cost, the IDFC FIRST Bank Classic is the ideal credit card for beginners India. As it offers an annual fee waiver.
The bank evaluates each application before approval.
- 10 points when spending above ₹ 20,000.00 on the bill;
- 6 points on online purchases;
- 3 points on in-person purchases up to ₹ 20,000.00.
You will also have free access to 16 railway station lounges per year, which is useful for the train traveler. The card offers personal accident insurance of up to ₹ 2 lakh and roadside assistance hours.
5. Scapia Federal Bank Credit Card
This is the card for the beginner who is already thinking about traveling, being another credit card for beginners India with an annual fee waiver.
Scapia, in partnership with Federal Bank, offers a 2% base reward on all purchases and an impressive 4% on travel expenses made through the Scapia app.
It also offers unlimited access to domestic VIP lounges with a minimum monthly spend (₹ 10,000.00 on Visa card or ₹ 15,000.00 on Rupay card). The APR is 45% per year.
6. Amazon Pay ICICI Bank Credit Card
If most of your spending is on Amazon, the Amazon Pay ICICI Bank Credit Card is the ideal credit card for beginners India, and it is also free of annual fees.
It rewards platform loyalty with 5% cashback for Amazon Prime customers on website purchases and 3% for non-Prime members.
Additionally, you will get 2% cashback on Amazon Pay partners (such as travel, food, and recharges) and 1% on all other expenses.
7. Flipkart Axis Bank Credit Card (Credit Card for Beginners India)
Similar to the Amazon card, the Flipkart Axis Bank Credit Card is suitable for those who prefer Flipkart as their marketplace.
Firstly, it offers 5% cashback on all purchases on Flipkart, plus 4% cashback on partners like Swiggy, Uber, Cure.fit, PVR, and Tatacliq. Other transactions yield 1.5% cashback. The annual fee is ₹ 500.00, waived with an annual spend of ₹ 2 lakh.
In addition, it offers access to domestic VIP lounges per year, a 15% discount at restaurants, and a 1% fuel surcharge waiver. The APR, like the Axis Ace, is about 52.86%.
How to Choose the Best Credit Card for Beginners in India?
The process of choosing your first card should be guided by criteria that prioritize financial security and ease of use.
Initially, for those starting to establish their financial life in India, the annual fee is the first point to consider. An annual fee waiver, whether lifetime or conditioned on an easily achievable minimum spend, is a great advantage.
In addition to zero or low cost, see if there are rewards offered.
Direct cashback is generally simpler and more beneficial for beginners than complex points programs.
It returns a percentage of what was spent, which can be applied to reduce the bill, making the benefit tangible and immediate.
Finally, the bank’s reputation and the quality of the mobile application are important to ensure reliable support and easy control over your finances, allowing you to track your credit card for beginners India from anywhere.
Conclusion
This guide analyzed the best credit card for beginners India options, highlighting that the ideal choices focus on easy-to-use cashback (SBI Cashback, Amazon Pay ICICI) and zero annual fees (IDFC FIRST Classic, Scapia Federal).
We understand that the selection should be made based on your spending pattern, whether it is on a specific marketplace (Amazon or Flipkart) or if you prefer travel benefits or on bills (Axis Ace, Scapia Federal).
Whatever your choice, start now researching approval with the bank that best suits your lifestyle and start building your credit.