Best Premium Credit Cards in India 2024

Best Premium Credit Cards in India

Super-premium credit cards offer premium perks such as free golf games, airport VIP services, lounge access, and access to loyalty programs of high-end hotel chains. They also have a higher reward rate. These cards are intended for high-earners and have strict qualifying requirements, such as a high monthly income, an outstanding Cibil score, a positive relationship value with the issuer, etc.

Additionally, some of the cards in this category may be limited to invite-only users. These cards also have a rather high yearly charge, which can be as much as Rs.60,000. It often ranges from Rs.10,000 to Rs.20,000. But the advantages these provide outweigh the expensive cost. You can apply for credit card online that provides good value for a reasonable fee if you are searching for one

If you’re a foodie, a frequent traveler, a golf lover, spend much in Hotels, and want free access to airport lounges, travel insurance, and air miles then premium credit cards can be beneficial to you.

We have compiled a list of the top premium credit cards in India for August 2024 that provide different advantages to cardholders and that might help you understand the right choice of a credit card.

The 3 best premium credit cards in India that we have put together are listed below.

1. American Express Platinum Charge Card

The prominent American Express card issuer's main product is the Platinum Charge card. This premium credit card offers an extensive range of travel perks that simplify your travel experience and grant you exclusive savings at top hotel brands, airlines, and other travel-related businesses. Numerous other benefits are also yours, such as free access to domestic and international airport lounges for an infinite period. This card's unique feature apart from the travel benefits is that it has no predetermined credit limit.

Benefits:

• Joining Fee: Rs.60,000 + GST

• Category: Travel | Shopping

• Welcome Benefits: Vouchers for SeleQtions, Taj, and Vivanta Hotels totaling Rs. 45,000. 10,000 Membership Rewards Bonus Points for Referrals.

• Reward Redemption: On AmEx's Membership Rewards Redemption page, Members can exchange their points for dining, travel, and accessories.

• Rewards Rate: 3x Rewards on all overseas spending, 1 MR on every Rs.40, and 5x Rewards Points on transactions made through the AmEx Reward Multiplier platform.

• Travel Benefits: Access to more than 1,300 airport lounges in more than 150 countries, as well as round-the-clock global platinum concierge service.

• Domestic Lounge Access: Unlimited free access to Airport Lounges.

• International Lounge AccessAccess to over 1,300 airport lounges worldwide, such as American Express, Priority Pass, and Delta lounges, is possible through international lounge access.

• Golf: Free play on world-class domestic and international golf courses

• Insurance Benefits: Insurance coverage includes Rs.5 crore for air accident insurance, Rs.50,000 for lost checked baggage, passports, or documents, and USD 50,000 for foreign medical insurance for the first seven days of the trip.
  
  

Click Here to Instant Apply for the American Express Platinum Charge Card

2. HSBC Visa Platinum Credit Card

The HSBC Bank offers an entry-level credit card called the HSBC Visa Platinum Credit Card. It greets users with special perks like free lounge access, up to Rs.2,000 in cashback, a 50% discount on Google Pay, etc., and has no annual or joining fees. When you use this card, you can receive 2 reward points for every Rs.100 you spend, and when your total spending hits Rs.4 lac in an anniversary year, you can earn 5x as many reward points. Along with the reward points, its milestone advantages offer you a great chance to earn up to Rs.1,000 cashback yearly.

Additionally, you receive fantastic benefits from the partner brands, such as 10% off Tata Cliq and the BookMyShow "Buy 1 get 1 Free" promotion. Moreover, two more important aspects of the card are the waiver of the gasoline surcharge and the zero responsibility protection against a misplaced card.

 Benefits: 

• Joining Fee: Nil

• Category: Shopping

• Welcome Benefits: A Rs.500 Amazon certificate, 3 free lounge passes, 3 food vouchers, 50% discount (up to Rs.100) on the first Google Pay transaction, and 10% cashback offer (up to Rs.2,000) are all included.

• Rewards Rate: Users of this credit card will receive 2 reward points for every Rs.150 spent.

• Travel: NA

• Domestic Lounge: NA

• Rewards Redemption: Use your reward points to purchase gifts, cosmetics, gadgets for the house, gift cards, and more.
  
  1 RP = Rs. 0.37

• Dinner & Movie: On Saturdays, use BookMyShow to book movie tickets and receive a "Buy 1 Get 1" deal.
  
  

Click Here to Instant Apply for the HSBC Visa Platinum Credit Card.

3. Standard Charted Smart Card

Standard Charted Smart Card is a reward credit card aimed at low-income persons or those who are new to using credit cards. With just a Rs.499 membership fee, it offers users an extended interest-free period for the first 90 days following card issuance. In terms of its cashback advantages, you receive 1% cashback for purchases made offline and 2% money on all online purchases. With this card, you may earn up to Rs.1,500 in cashback per month, or up to Rs.18,000 in rewards annually.

Aside from this, if you spent at least Rs.1,20,000 the year before, you can also avoid paying the Rs.499 renewal cost. With so many incredible cost advantages, the card is most appropriate for people who frequently shop online and wish to save more money.

Benefits:

• Joining Fee: Rs.499 + GST.

• Category: Shopping

• Welcome Benefits: extended interest period of 90 days starting on the date the card issuance.

• Every Rs.100 spent on other purchases earns you 1 reward point.

• Rewards Rate: 1% cashback on offline purchases and 2% cashback on online purchases.

• Reward Redemption: Automatically rewards get credited into your account.

• Travel: NA

• Domestic Lounge: NA

• Golf: NA

• Insurance Benefits: NA

• Movie & Dining: NA

Click Here to Instant Apply for the Standard Charted Smart Card

Conclusion:

If you are a frequent online shopper and have an interest in traveling then the American Express Platinum Charge Card might be suitable for you.

If you frequently spend money on shopping then SBC Visa Platinum Credit Card and Standard Charted Smart Card can be suitable for you.

Before selecting any card, prioritize your purpose, which can make it easy for the correct selection of the card.

Hope this blog helped you with the information that you were seeking.