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For those seeking speed and efficiency, the instant approval credit card India is the latest in digital financial services.
However, to choose well, you must carefully analyze the options for an instant approval credit card India. Although the process of obtaining the card is quick, a bad choice will cause you long-term losses.
Our goal is to provide a comprehensive analysis of the 10 main instant approval credit card India options available in the market. By the end of this article, you will have a clear view of the approximate limits, main fees, exclusive benefits, and evaluations of each product, allowing you to choose the financial tool that truly offers the greatest value for your daily life.
10 Top Instant Approval Credit Cards in India
The following analysis presents the objective data of each product to choose the best instant approval credit card India for your needs.
1. HDFC Bank Millennia Credit Card
The HDFC Bank Millennia Credit Card is a digital option for those seeking an instant approval credit card India with a focus on digital rewards.
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Its limit is determined by the client’s credit profile after analysis by HDFC Bank, and can range from tens of thousands to several lakhs of rupees. This depends directly on the user’s income and history.
Regarding costs, the card has an joining fee and annual fee of ₹1,000 + GST, but this annual fee is waived when the client spends ₹1 lakh per year.
Revolving interest is around 3.6% per month, the withdrawal fee is 2.5% (minimum ₹500), and there is a 3.5% markup on international transactions, with a late fee ranging from ₹100 to ₹1,300 depending on the balance.
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This instant approval credit card India offers up to 50 days of interest-free credit for purchases paid in full, plus a high cashback of 5% on major platforms such as Amazon, Flipkart, Myntra, Sony LIV, Swiggy, Uber, and Zomato.
There is also 1% cashback on all other online and offline purchases, a welcome bonus of 1,000 points (CashPoints). You will also have access to DreamFolks program lounges upon spending ₹1 lakh per quarter.
2. Axis Bank Ace Credit Card (Instant approval credit card India)
The Axis Bank Ace Credit Card is a simple option, but with great rewards.
Although Axis Bank does not disclose a standard limit, the amount is established after analyzing the applicant’s income, with limits from ₹50,000 being granted to clients with average income.
Fees include an joining fee and annual fee of ₹499, with the annual fee waived if the client reaches an annual spend of ₹2 lakhs.
Revolving interest is approximately 3.75% per month, and there is a withdrawal fee of 2.5% (minimum ₹500).
The foreign exchange markup is 3.5%. Furthermore, the card offers an interest-free period of up to 50 days. The benefits are notable:
- 5% cashback on essential bills, such as electricity, gas, internet, and DTH, paid via Google Pay, with a monthly limit of ₹500;
- 4% cashback on expenses with Zomato, Swiggy, and Ola;
- 1.5% on all other expenses.
The card will also give you 4 annual domestic lounge visits. Although it requires a prior spend of ₹50,000 in the previous three months to enable use.
Moreover, the Dining Delights program guarantees discounts of up to 15% at over 4,000 restaurants.
3. Amazon Pay ICICI Credit Card
The Amazon Pay ICICI Credit Card is perhaps the best known as an instant approval credit card India, thanks to its 100% digital and fast application process.
ICICI Bank defines the limit after analyzing income and history, but its differential is that the card is lifetime free, with no joining fee or annual fee.
In terms of costs, revolving interest is between 3.5% and 3.8% per month. The withdrawal fee is 2.5% (minimum ₹500), and the foreign exchange fee is 3.5%.
The benefits are centered on the Amazon ecosystem:
- Prime members receive 5% cashback and non-Prime 3% on all Amazon purchases;
- 3% cashback on travel bookings via Amazon;
- 2% on purchases from Amazon Pay partners, such as Uber and BookMyShow.
Cashback is lifetime, credited as Amazon Pay balance within two business days and does not expire.
Incidentally, this is currently considered one of the main credit cards for beginners India.
4. SBI Cashback Credit Card (Instant approval credit card India)
Designed for the digital consumer, the SBI Cashback Credit Card is a contender among the instant approval credit card India.
SBI establishes the limit according to income and credit score; many users report initial limits from ₹75,000.
The card has an joining fee and annual fee of ₹999, which are waived if the client spends ₹2 lakhs per year.
Revolving interest is 3.75% per month, and the withdrawal fee is 2.5% (minimum ₹500). The late fee ranges from ₹400 to ₹1,300.
You get 1% cashback on offline purchases, and the cashback is automatically credited to the next statement, simplifying redemption.
In addition to the annual fee waiver, the card offers a 1% fuel surcharge waiver and is compatible with the SBI Card app for tracking spending and rewards.
The card is well-rated for its high online cashback rate. However, users note that some categories, such as utilities, rent, and education, do not generate the benefit.
5. IDFC FIRST WOW! Credit Card
For those starting their financial journey or looking to rebuild credit, the IDFC FIRST WOW! Credit Card is the right choice, in the secured modality.
It is issued against a fixed deposit from ₹20,000, and the credit limit can be up to 100% of the deposited amount, with the possibility of increasing the limit by adding more value to the deposit.
The main advantage is that it is lifetime free, with no joining fee or annual fee, and does not require a credit history or proof of income.
Revolving interest ranges from 0.71% to 3.85% per month, and the late fee is 3.99% per month.
In terms of rewards, you will get up to 4X points for every ₹150 on general purchases, and withdrawals can be interest-free for 45 days with a fixed fee of ₹199.
6. Flipkart Axis Bank Credit Card (Instant approval credit card India)
This card, a result of a partnership, is aimed at consumption on e-commerce platforms, but with benefits that extend to other categories.
Like others, the limit is defined by Axis Bank, starting around ₹50,000. Fees are ₹500 for joining and annual fees, with the latter waived when annual spending reaches ₹3.5 lakhs [36].
Revolving interest is around 3.6% per month, and the foreign exchange markup is 3.5%.
The card allows up to 50 days of interest-free credit.
The benefits are highly focused: 7.5% cashback on Myntra and 5% cashback on purchases on Flipkart and Cleartrip.
Additionally, there is 4% cashback on selected partners such as Cult.fit, PVR, Swiggy, and Uber [36]. On other expenses, cashback is 1%.
A convenience is that cashback is automatically credited to the statement.
The card offers up to 15% discount at restaurants via the EasyDiner program and a 1% fuel surcharge waiver.
The card application is 100% online, with an immediate virtual card.
7. Federal Bank Visa Signet Credit Card
The Federal Bank Visa Signet Credit Card is a great mid-level card that stands out for offering low revolving interest.
Its limit is determined by Federal Bank according to income.
The joining fee and annual fee are ₹750, but renewal is waived by spending only ₹75,000 per year.
The financial attraction is the revolving interest, which starts at 0.49% per month, with a withdrawal fee of 2.5% (minimum ₹300).
In terms of advantages, the client receives an Amazon Pay voucher of ₹500 when spending ₹3,000 in the first 30 days.
It also has a rewards program that offers 3X points on electronics and apparel purchases and 2X points on entertainment.
There is also the right to 1 free domestic lounge visit per quarter and a “buy 1 get 1” benefit at INOX once a month.
8. Paytm SBI Credit Card (Instant approval credit card India)
The Paytm SBI Credit Card is designed for use within the Paytm ecosystem.
As a rule, the limit is established by SBI, with reports of initial limits between ₹50,000 and ₹1 lakh.
The joining fee and annual fee are ₹499. On the other hand, revolving interest can reach 3.75% per month, and the interest-free period ranges from 20 to 50 days.
Its main advantages are:
- 3% on purchases on Paytm Mall, cinema, and travel in the Paytm app;
- 2% on other purchases within the Paytm app, such as food and recharges;
- 1% on all other purchases.
The client receives a free Paytm First subscription, with free renewal upon spending ₹1 lakh annually.
It also offers cyber fraud insurance of ₹1 lakh and a 1% fuel surcharge waiver.
9. Scapia Federal Bank Credit Card
For those who travel a lot, the Scapia Federal Bank Credit Card is the instant approval credit card India that stands out the most.
It is a digital, lifetime free card, issued by Federal Bank in partnership with the fintech Scapia. The big differential is the zero foreign exchange markup [45], eliminating fees on international transactions.
The rewards program is robust, offering 4% rewards on travel expenses booked within the Scapia app and 2% on all other purchases.
The card provides unlimited access to domestic lounges: the client gets one unlimited lounge visit for each month they spend ₹10,000 or ₹15,000, depending on the card network.
Airport benefits include a choice between lounge, shopping, meal, or spa, with a refund of up to ₹1,000 in points per visit.
10. OneCard Metal Credit Card
The OneCard Metal Credit Card combines a premium design (metal card) with digital convenience.
It is lifetime free and issued by FPL Technologies in partnership with banks such as IDFC First or Federal Bank.
Revolving interest ranges from 2.5% to 3.5% per month, and the foreign exchange markup is only 1%.
The rewards program is flexible: it offers 5X points in the two categories where the client spends the most in the month and 1 point for every ₹50 on all expenses.
The card also has a 1% fuel surcharge waiver and full control via the app, which allows adjusting the limit, managing virtual cards, and freezing or unfreezing the card.
Quick Comparison of the Main Instant Approval Credit Cards
| Card | Issuer | Annual Fee (Renewal) | Main Cashback | Foreign Exchange Markup (Forex) | Approximate Limit |
| HDFC Millennia | HDFC Bank | ₹1,000 (Waived on ₹1 Lakh) | 5% on Selected E-commerce | 3.5% | Variable by Profile |
| Axis Bank Ace | Axis Bank | ₹499 (Waived on ₹2 Lakhs) | 5% on Google Pay/Bills | 3.5% | From ₹50,000 |
| Amazon Pay ICICI | ICICI Bank | Lifetime Free | 5% on Amazon (Prime) | 3.5% | Variable by Profile |
| SBI Cashback | SBI | ₹999 (Waived on ₹2 Lakhs) | 5% on All Online Purchases | Not Informed | From ₹75,000 |
| IDFC FIRST WOW! | IDFC First Bank | Lifetime Free | 4X Points (Deposit Backed) | 0% (Zero) | 100% of Deposit |
| Flipkart Axis Bank | Axis Bank | ₹500 (Waived on ₹3.5 Lakhs) | 5% on Flipkart and Cleartrip | 3.5% | From ₹50,000 |
| Federal Bank Visa Signet | Federal Bank | ₹750 (Waived on ₹75,000) | 3X Points (Electronics/Apparel) | Not Informed | Mid-level |
| Paytm SBI | SBI | ₹499 | 3% on Paytm Mall/Travel/Movie Purchases | Not Informed | Between ₹50,000 and ₹1 Lakh |
| Scapia Federal Bank | Federal Bank | Lifetime Free | 4% on Travel (via Scapia App) | 0% (Zero) | Variable by Profile |
| OneCard Metal | FPL Tech (W/ IDFC/Federal) | Lifetime Free | 5X Points (Top 2 Spending Categories) | 1% | Variable by Profile |
Conclusion (Instant approval credit card India)
We analyzed ten products, from the Amazon Pay ICICI, with a focus on lifetime free e-commerce, to Scapia, with zero forex and unlimited travel benefits.
The determining factor for your choice lies in your primary need, whether it is high cashback on online purchases (SBI Cashback), low revolving interest (Federal Bank Visa Signet), or the need for a secured card to build credit (IDFC First WOW!).
Don’t waste time on lengthy processes. Now that you have all the objective data in hand, compare the features in the table and in the details above and apply for your instant approval card.