Apply for Rewards Credit Cards

  • HDFC Bank
  • ICICI Bank
  • Citi
  • RBL
  • INDUSIND Bank
Reviews (12)

reward type

Rewards

annual fee

Nil*

joining fee

Nil

  • Earn 10 Reward Points for every ₹125 spent at apparel and department stores and 50 other partners
  • Get 1,500 bonus points on first-spend made within 30 days of Card issue
  • Get 1,000 bonus points on your first Rs1000 spend made within 60 days of card issue
  • Never Expiring Miles
  • Birthday Rewards: Get 500 birthday bonus points on every birthday. Only on Citi rewards VISA Card
  • Earn double reward points on all fuel spends. Offer valid till 31st March 2017.Click here to view Terms and Conditions
  • APR - 39% p.a based on card spends, credit limit utilization etc.
  • Annual fee - NIL (if annual spend > Rs30, 000 or more on your Card, otherwise 1000/-)
  • Atleast 2 colour photographs
  • ID proof - Aadhar, Passport, Driving license, Voter ID etc
  • Proof of address -Ration card,electricity bill etc. can be submitted

reward type

Rewards

annual fee

Nil

joining fee

Nil

  • Per 100₹ spent on,
    • Shopping in departmental stores - Get 4 savings points
    • Purchase of consumer durables or electronic items – Get 2 savings points
    • Restaurant bills – Get 1.5 savings points
    • Books – Get 1.5 savings points
    • All Other Spends – Get 0.5 savings points
  • Redeem your Reward Points from The More Store, Cash Credit for 1 RP = INR 0.50, Airline Miles on partner airlines, Genesis Luxury Vouchers, Oberoi Hotels & Resorts Stay vouchers
  • Fuel Surcharge waiver for transactions between INR 400 to 4000
  • APR – 46%
  • Annual fees - 0
  • Joining fees – 0
  • Duly filled and Signed application Copy.
  • KYC documents ( List attached)
  • Address proof of latest address - In case permanent address proof provided as part of KYC address proof.
  • Pay Slip of last three months
  • Salary Bank account mandatory to be filled in application Copy.

reward type

Rewards

annual fee

2000₹

joining fee

2000₹

Benefits Worth Rs. 20,000 Every Year

  • Welcome Benefit: 8000 reward points on activation of card within 60 days of card setup
  • Reward points: Get 2 reward points per Rs.100 spent for all spends
  • Accelerated Rewards: Get 10 reward points per Rs.100 for all spends on dining, utility bills, international spends, entertainment & fuel
  • Earn BONUS POINTS: Spend 2Lacs in a year, Get 10,000 bonus points. Spend 3.5Lacs in a year, Get additional 10,000 points
  • 12 Free Movie Tickets: Get 1+1 free movie ticket (Up to Rs.200/-) on bookmyshow once a month any day of the week
  • Airport lounge access: 2 free visits per calendar quarter in Domestic airport lounges
  • Joining fees – Rs 2000/-
  • Annual fees – Rs 2000/-
  • 1 Recent coloured Passport Size photograph
  • Filled application form
  • ID Proof - PAN card (mandatory)
  • Address proof – Driving License / Passport / Voter ID / Aadhaar card / Ration card

About Rewards Credit Card in India

Imagine being rewarded for buying our daily groceries, fuel and other supermarket purchases as well as on other leisure or entertainment expenses! That is what a Rewards Card does for you. Every time you spend money on your credit card, you earn a certain number of points. Obvioiusly, the more you spend, the more points you earn. You can then redeem or exchange these free points for a variety of options including more shopping, air miles, or exclusive gifts from your bank’s catalogue.

What’s even better is that you have a wide variety of rewards programs to choose from - you can basically select how you would like to be rewarded! So when you go shopping for a new pair of formal office shoes, you are earning points that will help you get a free air ticket or a free vacuum cleaner!

There are a multitude of Rewards Credit Cards available in the market today and it can be very confusing to decide which one is the best for you. Before applying for a Rewards Credit Card, it is very important to compare and contrast the features, benefits and fees of the card you wish to apply for. Here are some tips to help you identify the card best suited for your needs.

Rewards Credit Card Features

Rewards Points

The very name says it all. Similar to any other credit card, Rewards Credit Cards offer reward points. The reward points program differs from bank to bank. The number of reward points you accrue is based on the amount that you spend using your Rewards credit card. Different credit card issuers calculate these reward points differently and you can redeem these points later as per the lender’s norms.

Reward Points for everyday shopping:

Take, for example, the HDFC Diners Club Rewardz Credit Card. Shopping with your HDFC Diners Club Rewardz Credit Card enables you to get 3 Reward Points for every Rs.150 on retail spends. You get 2 X more Reward Points on grocery, supermarket purchases, dining and airline ticketing at partner merchants. You also get 2 X Reward Points on incremental retail spends for more than Rs. 10,000 per statement cycle.

Redemption: You can redeem theses Reward Points against air miles at leading airlines, or exchange them for premium gifts from an exclusive rewards catalogue.

Likewise, using your Citibank Rewards Credit Card earns you 1 Point for every Rs125 spent on all transactions. You earn an accelerated 10 X Reward Points at select partners, apparel and department stores.

Redemption: You can redeem these points later for fuel, online shopping, air miles, cashback and a host of other products and services.

With the ICICI Bank Platinum Chip Credit Card, the Reward Point program is powered by PAYBACK. You earn 2 PAYBACK points for every Rs. 100 spent on all retail expenses, with the exception of fuel.

Welcome points and bonus points

Almost all kinds of credit cards give welcome reward points when you sign up. Some travel cards will offer you free air miles when you join. In addition, you also earn bonus reward points on spends over a certain limit.

Besides the rewards points feature, Rewards Credit Cards offer several other advantages like concierge services, discounts on dining, entertainment and movies, or points that can be redeemed for fuel, golfing perks, etc.

Rewards Credit Card Benefits

The list of Rewards Card offers spans almost every category of everyday spending including shopping discounts, entertainment discounts, free movie tickets, cashback, airline tickets, hotel stays, specialized insurance cover etc. Theses credit cards also give you welcome benefits and bonus points on spends crossing a certain pre-fixed limit. In order to avail and activate certain benefits, you need to swipe the card within first 30 days of credit card activation and spend a pre-fixed amount on your credit card.

For example, HDFC AllMiles Credit card gives you a welcome benefit of 1000 Reward Points. Renewal of the credit card would fetch you another 1000 Reward Points, provided that you pay the annual fee.

How to Choose the Best Rewards Credit Card

While choosing the best Rewards Credit Card might not be super easy given the large number of options, it is good to consider the following points before deciding on the most suitable offer:

When you look for a Rewards Credit Card, you must consider the following.

  • Your Spending pattern: Examine your habits and decide what you would like to use your credit card for. If you are an online shopaholic, then choose one which has a rewards program specifically intended for that particular purpose. For example, the HDFC Snapdeal Credit Card enables you to earn 3X more Reward points for spending online at the Snapdeal website. Similarly, if your lifestyle requires you to travel frequently, then it would do to get a credit card like the IndianOil Citi Platinum Credit card, which enables you to actually save on fuel expenses and redeem the points accrued for actual fuel.
  • Fees and other charges: Before applying for A Rewards Credit Card, carefully research on the annual fee, joining fee, renewal fee and other possible charges. Sometimes, a credit card may offer very attractive benefits but the fees and other charges that apply may be very high. This may potentially strip you off the rewards that you earn on your spending.
  • Interest Rate: A vital aspect. Go for the one which has the lowest Interest rate. Don’t be fooled by 0% APR, as those are usually promotional offers. After the promotional period is over, you might most probably find yourself paying a huge amount as interest charges. Also, make sure you pay off your debts in a timely manner to avoid high interest fee.
  • Your income: Its absolutely vital to consider your monthly net income and then decide whether you can really afford to have a credit card. Remember, a credit card could considerably increase your monthly expenses and in the process might possibly put you in debt. So, choose wisely.
  • Your credit card re-payment plan: Easily the most important criteria in choosing your credit card is your payment behaviour. Many wise people have been known to fall prey to credit card debt. You must make sure that you pay off your credit card dues consistently every month, to avoid accumulating interest.

To put it in a nutshell, go for a credit card that offers good benefits in terms of reward points but which also offers the best interest rate. Racking up rewards points feels great—but it’s completely pointless if you’re paying fees that outweigh the benefits. Do your research diligently and make a repayment plan even if it seems tiresome—it will pay off in the long run.

What are the eligibility criteria?

There are several eligibly criteria for obtaining a Rewards Credit Card, the most basic of which is the income and age. The minimum income and age criteria differs from lender to lender and the kind of card you are applying for. Your credit history and score will also be taken into account. It is advisable to check with the lender directly in order to know the eligibility requirements.

Rewards Credit Card Review

There are many advantages and benefits of owning a Rewards Credit Card. It has the advantage of convenient payment options, gives you access to a world of discounts and rewards, and helps you build a positive credit history (provided you pay your dues consistently, every month) which will enable you to be eligible for loans later in life.

How do I apply for a Rewards Credit Card?

To apply for a Rewards Credit Card, you can either walk into the nearest branch of your chosen lender and submit the application and the required documentation, or you can apply online. Typically, it takes up to 21 days for your credit card application to be processed.

Alternatively, if you think you need help with your credit card application and advice on eligibility, CreditMantri can guide you through the entire process and match you with the credit card that suits your needs the best.

Note: The cards mentioned in the article are merely indicative of the kinds of rewards and benefits on offer. You will need to choose your card based on your specific requirements.

Customer Reviews

"No more wasting time at the bank Going to a bank has always been a tedious process—waiting in line, having many unanswered questions, and always being rushed for time. For a person like me, a website like Creditmantri.com is a boon because you don’t need to waste time going to a bank at all. The application process for a card is quick and simple. Within the promised time, I got my HDFC Diners Club Platinum credit card. Good customer service, I would like to add. They were very patient with my queries and handled everything professionally. This website is useful in the sense that we get the product we are eligible for in a short span of time. All the best, Creditmantri. "

"Best Service provider I would suggest CreditMantri to anyone wholeheartedly. Their service is great. Their matching process is every simple. You just need to create your profile and all the credit cards that match your profile would be displayed. They provide excellent services online and offline as well. I had some questions regarding my credit card documentation, and every doubt and question was answered. I am happy to say I am the proud owner of a HDFC Club Rewards credit card, thanks to CreditMantri. "

"CreditMantri - The Website has it all Extremely simple and easy to access info on various finance products. I found Creditmantri through a Google search for HDFC credit cards and was curious to know what kind of service they provide. Decided to sign up and I don’t regret it one bit. For one thing, it is free. Easy to choose the credit card once you have created your profile. I got a confirmation call from their customer service regarding the card I wanted – HDFC Money Back credit card. The documentation process itself is hassle free (a bank representative comes to collect your papers – yes, their claims are true!) and you don’t need to go the bank at all. Overall, a great experience with CreditMantri. "

"Easy Process It was very easy to apply for my credit card thanks to CreditMantri and team. I easily got my HDFC Visa Regalia credit card and the customer service person involved resolved all my queries satisfactorily. I found this a huge help considering I have never taken a credit card before. Only bit of feedback I can give is keep involving the customers more. That’s it! The range of products listed in the website is very helpful to make a comparison. Very happy!"

"Hi, first of all, I would like to say that I am a big time believer of doing things myself. But after I found that my application request for a credit card was getting rejected everywhere, I decided to apply through CreditMantri. (Incidentally, my sister recommended it and I was against availing its service at first.) I do not regret signing up with CreditMantri a bit - It turned to be the best financial decision I have ever made. I got to know that the reason why I was being rejected - due to my low credit score and making too many applications. I immediately signed up for their credit improvement services for and for help with getting a card. A couple of months later, I am proudly flaunting my ICICI Coral credit card! Great service."

"Great financial service provider! Their services are great and it takes only a minute to sign up! I wanted a credit card specially for my fuel transactions. I made my profile and within minutes I was matched up with ICICI HPCL credit card. The documentation process is fairly easy. A representative from the bank met me during my office hours and collected my documents and told me to wait for a week. I got the card within that time! The best part is the fuel surcharge is waived off with this credit card! Thanks to the CreditMantri team for making this happen. Heartily recommend it to anyone."

"Quick Response to queries! When in doubt, turn to CreditMantri! I am much delighted to use my ICICI Bank credit card, which I got through CreditMantri. I use this credit card to meet all my emergency needs. I am not stretching the truth when I say CreditMantri has the best-in-class services. I can say this confidently as I have applied through various other websites and found their customer service poor and their privacy policies substandard. But with CreditMantri, I must say that their privacy policy is excellent and I have not received any unwanted calls. Try CreditMantri if you want a quick response to your queries and want help with finding, applying and being approved for the right card."

"Swift Service! My application for a Citi rewards credit card got approved after approaching CreditMantri. It was my first time applying for a credit card. The CreditMantri executive explained the process and also the bank's norms for issue of Credit cards. I was advised in detail which I very much needed as I was still very new to credit cards and finance. I found that the service by CreditMantri to be swift and interactions with customer care executives to be cordial and helpful. Am very happy - all of my questions/doubts were addressed and clarified and I got my first card. Thank you for the services rendered."

"Thumbs up! I would describe acquiring my Citi Bank credit card process as excellent. My experience with CreditMantri was smooth, to say the least. Any query I raised gets resolved quickly, in a timely manner. Also, I am satisfied with my PremierMiles credit card and I am reaping its benefits. Very happy by the timely response, the help extended to me by the customer service team and the mature way of handling customers. Great experience."

"I approached CreditMantri for help with application for a Cashback credit card. After signing up FOR FREE (Yes, it’s really free, yay!). I felt the service rendered by team CreditMantri was awesome. I did not even need to go to the bank for giving my documents, they came to me! Brownie points! I got calls only from CreditMantri and Citi regarding my application. No calls from third-party people. This is one thing I am really happy about. Overall, I am happy with my Citi credit card, and it’s one of the best Cashback credit cards that I have (I own two other credit cards, more about it later perhaps!). Thanks, CreditMantri!"

"Happy with CreditMantri Where do I start? I don’t know whether I should talk about their easy website user interface, or about their customer service, or about their professional approach. The response which I received from CreditMantri was very helpful, and it was immediate. Talking about my IndianOil Citi credit card, well, for starters, it becomes your best friend if you own a Bullet ;) and love travelling. This is the best credit card I feel as it gives me fuel benefits. Love my bike and my fuel card. More purchase, more points, the better for me! Happy with CreditMantri. "

"Satisfied! I had been looking for a new credit card for quite a while but was confused by all the options. I chanced upon this website during my research, and I decided to sign up with CreditMantri for its services. Everything is done online, they match your profile with the best lender possible for your profile. I think it is a fantastic idea. I am very happy about the user interface, as I find it easy to understand. I received my RBL Bank Platinum Maxima Credit Card as promised! Hats off to CreditMantri as well as RBL. I got the credit card very easily and quickly (within 7 days). Overall, I am very satisfied and would recommend CreditMantri readily to anyone. "