Best Credit Cards in India for 2024: Top Picks & Benefits

Keeping credit cards these days has perhaps become the need of the hour. This is high time when not only the affluent class but the middle class as well. Credit cards come with many benefits and save your expenses in many ways. If you can identify and select the new credit card then this can help you solve your many financial troubles. Choose the card that is best suited for your lifestyle and spending habits. Selecting a credit card from multiple options can be difficult. We have picked some best credit cards for December 2024 in this blog.

Let’s explore the best credit cards in 2024 with benefits and features.

Top 3 credit cards for 2024 in India.

Below is the list of top credit cards in India for 2024 across different types of shopping, travel, fuel, rewards, cashback, or premium credit cards. 

1. American Express Membership Rewards® Credit Card (Amex MRCC)-

American Express Membership Rewards Credit Card is focused on those customers who want flexibility in redeeming rewards and make a lot of online purchases. You earn 1 point for every Rs.50 spent using this card. Unlike any other typical reward redemption, you can redeem against multiple brand vouchers available under 18 Karat and 24 Karat Gold collections with this card.

One can earn a one-time welcome benefit on joining the card and spending Rs.15,000 in the first 90 days, above the usual reward points i.e. 4,000 Membership Rewards Points. Moreover, such members can get 1,000 reward points as a milestone benefit every month and another 5,000 reward points upon card renewal for the first year.

American Express Membership Credit Card: Reward & Benefits

You can acquire one Membership Rewards Point for each Rs.50 except for the spends on fuel, insurance, utilities, cash transactions, and EMI conversion at the point of sale.

Later redeem the earned reward points against vouchers of top brands against the 18 Karat and 24 Karat Gold Collection as below:

18 Karat Gold Collection (18,000 MR Points):

• Taj - Rs.9,000 worth of gift voucher

• Shoppers Stop - Rs.7,000 worth of gift voucher

• Tata CLiQ - Rs.7,000 worth of gift voucher

• Myntra - Rs.7,000 worth of gift voucher

• Amazon - Rs.6,000 worth of gift voucher

• Flipkart - Rs.6,000 worth of gift voucher

• Reliance Digital - Rs.6,000 worth of gift vouchers.
  
  

24 Karat Gold Collection (24,000 MR Points):

• Taj - Rs.14,000 worth of gift voucher

• Shoppers Stop - Rs.10,000 worth of gift voucher

• Tata CLiQ - Rs.9,000 worth of gift voucher

• Tanishq - Rs.9,000 worth of gift voucher

• Amazon - Rs.8,000 worth of gift voucher

• Flipkart - Rs.8,000 worth of gift voucher

• Reliance Digital - Rs.8,000 worth of gift vouchers.

Other Benefits:

Renewal Fee Waiver: The following information will allow you to receive a waiver of the annual renewal fee:

• 100% of renewal fees are waived for cardholders who spent at least 1.50 lac in the prior year.

• 50% of the renewal cost is waived for cardholders who spent between Rs. 90,000 and Rs.1.49 lac in the prior year.

Welcome Bonus: 4,000 Membership Rewards Points are awarded as a welcome bonus upon paying the joining fee and spending Rs.15,000 during the first 90 days of card membership.

Click Here to Instant Apply for the American Express Membership Credit Card.

2. SpiceJet Axis Bank Voyage Credit Card

The SpiceJet Axis Bank Voyage Credit Card and SpiceJet Axis Bank Voyage Black Credit Card are two co-branded Visa credit cards that Axis Bank and SpiceJet Airlines jointly introduced in May 2022. This is one of the best credit cards for December 2024. By working together, the two companies intend to boost travel demand, which has drastically decreased as a result of the COVID-19 pandemic. 

This card is introduced to give users a plethora of advantages and benefits as well as enjoyable travel experiences. After two successful purchases within 30 days of the card's activation, the SpiceJet Axis Bank Voyage Credit Card, which has a 750 Rs. membership fee, gives you a massive Rs.1,500 SpiceJet gift.

SpiceJet Axis Bank Credit Card: Benefits and Features

Joining Fee: Rs.750 + GST.

Fee for Renewal: Rs.750 + GST.

Ideal for: Vacations Reward Type Reward Points

Welcome Bonus: After two purchases are completed within 30 days of the card's issuance, a SpiceJet flight voucher worth Rs.1,500 will be sent.

Movie & Dine: Under the Meal Delights Program, you can save up to 20% on your meal expenses.

Rate of Rewards: You can earn up to 18 Spiceclub points for every 200 you spend on the SpiceJet website and mobile app, 6 points for every 200 Rs. you spend online, and 3 points for every 200 Rs. you spend on all other domestic and foreign transactions.

Redemption of Rewards: The SpiceJet website or mobile app offers airplane tickets, food coupons, and other items that may be purchased with the Spiceclub points.

Access to the Domestic Lounge: 4 free domestic airport lounge visits annually

Access to the International Lounge: NA

Click Here to Instant Apply for the SpiceJet Axis Bank Credit Card. 

3. Samsung Axis Bank Infinite Credit Card

Axis Bank and Samsung, a global electronics company, have partnered to provide a new co-branded credit card called the Samsung Axis Bank Infinite Credit Card. The Samsung Axis Bank Signature Credit Card and the Samsung Axis Bank Infinite Credit Card are the two Samsung credit cards that the Bank has introduced. 

As the name implies, the Infinite credit card is a premium credit card designed to offer advantages while making purchases at Samsung. When you make three purchases within 30 days of the card's issuance, you can use the 30,000 EDGE Reward Points that come with the card. The card offers up to 15 EDGE points on all expenditures of Rs.100 and 10% cashback for purchases of Samsung products.

The Samsung Axis Infinite card is a premium credit card that provides excellent travel privileges, including free domestic and international airport lounge access. Additionally, the card provides excellent eating perks, allowing you to take advantage of several discounts at different eateries.

Samsung Axis Bank Infinite Credit Card: Features & Benefits

Joining Charge: Rs.5,000 plus GST.

Renewal Fee: Rs.5,000 + GST.

Welcome Benefits: EDGE Reward Points- 30,000.

Ideal Reward Type: Reward Points

Additional benefits of Samsung Infinite credit card.

Movie and Dining: A one-year membership to EazyDiner.Twice a month, customers who spend more than Rs.2,000 can receive a 25% discount on eating bills up to Rs.800.

Rewards Rate: For every Rs.100 spent on retailers such as BigBasket, Tata 1mg, Zomato, and others, you will receive 15 EDGE Points.

For every Rs.100 spent on international transactions, you will receive 15 EDGE Points.

For every Rs.100 spent on all other purchases, you will receive 5 EDGE Points.

Rewards Redemption: At the Axis EDGE REWARDS portal, where 1 Edge Reward = Rs. 0.20, EDGE REWARDS Points can be redeemed. Transferring EDGE Points to a partner airline or hotel rewards program is another option.

Travel: Free entry to both domestic and international airport lounges.

Domestic Lounge: 8 free domestic airport lounge visits annually.

International Lounges: Priority pass membership includes six free lounge visits to international airports annually.

Golf: NA.

Click Here to Instant Apply for the Samsung Axis Bank Infinite Credit Card.  

Conclusion:

Choosing wisely can help make credit cards a fine partner in managing expenses and earning rewards. The American Express Membership Rewards Card is all about rewards earned flexibly, while the SpiceJet Axis Bank Voyage Card helps a frequent flyer look at travel benefits.

For Samsung product lovers and high spenders, exclusive cashback with privileges gets full benefit with this Samsung Axis Bank Infinite Card. With unique benefits, every card suits its purpose; hence, it is important to choose the one that best fits your lifestyle and spending patterns. Maximize benefits while avoiding needless debt by learning the proper usage of these cards. Enjoy spending!

Disclaimer: No buy or sell recommendation given. No investment advice given. Information is taken from various internet websites and valid at the time of writing this content only (as of 14 December 2024) and might get changed in the future without any prior update. Discuss with your eligible financial advisor or concerned credit card company or banks for details before buying. The author or the company (Finowings) shall not be responsible for any loss.