Best Credit Cards in India With no Annual Fees

There are no joining or annual fees associated with a lifetime free credit card. Free credit cards are best suited for beginners or first-time card users who have just begun their professional journeys or have never taken any form of credit before. Credit cards with zero annual fees are also suitable for those who do not want to pay any fees. Most cards in this category offer basic benefits and low rewards rates, but there are a few that are well worth considering.

Here are the Best Credit Cards in India With No Annual Fees. To help you choose the best credit card, we have also mentioned who should get each card.

Best Credit Cards in India With no Annual Fees

1.FinBooster: YES BANK - BankBazaar Co-branded Credit Card

You can build a high credit score and good credit behavior with the FinBooster: YES Bank - BankBazaar Co-branded Credit Card. Regular credit fitness reports give you insight into your financial health.

Fees: NIL

There is no renewal fee

Benefits and features:

• FinBooster: YES Bank - BankBazaar Co-branded Credit Card provides monthly credit fitness reports and a real-time dashboard to track your credit score. Once you complete your first transaction with the FinBooster: YES Bank - BankBazaar Co-branded Credit Card, you will receive access.
• Credit score insights can help you improve it.
• Rewards points are not capped
• After 36 months, reward points expire.
• Coverage for accidental death up to Rs.2.5 lakh

2.RBL Bank BankBazaar SaveMax Credit Card

It offers a wide range of attractive rewards and cashbacks with the RBL Bank BankBazaar SaveMax Credit Card. As part of the card, you will also receive a free monthly credit advisory on BankBazaar that allows you to keep track of your spending and monitor your credit score. It also offers balance transfer, EMI conversion, and pre-approval for loans.

Fees: NIL

Fees: NIL for renewal

Benefits & Features

• Get easy EMIs on all purchases over Rs.2,500.
• Instant funds are available with Xpress Cash.
• You can get a 10% cashback on BookMyShow and Zomato transactions every month (up to Rs.100 per merchant).
• EMI Infinity Pass offers up to 100% discounts on Split n Pay fees.
• Using the RBL Bank MyCard App, you can manage your credit card, pay utility bills, get merchant offers, and apply for instant loans.
• In retail outlets, you can make contactless payments of up to Rs.5,000 in a fast and secure manner.

3.Federal BankBazaar Credit Card

The Federal BankBazaar credit card does not charge an annual fee or a joining fee. Furthermore, you can earn reward points for dining, e-commerce, and utility purchases.

Fees: NIL

Fees for renewal: NIL

Features & Benefits:

• This credit card offers a 48-day interest-free period.
• There are no joining fees or annual membership fees associated with this credit card.
• Up to four add-on cards are available.
• Upon approval of your credit card, you will receive a complimentary subscription to CreditStrong.
• Spend Rs. 100 and earn 1 Reward Point. You will receive 3 Reward Points for every Rs. 100 you spend on groceries.
• Spend Rs. 100 online and earn 1 Reward Point.
• Every Rs. 100 spent on online grocery purchases will earn you 3 Reward Points.
• Spend Rs. 100 on online dining to earn 3 Reward Points.
• You will receive 10X rewards if you use the card within the first ten days. You can earn up to 1,000 reward points.
• Use your credit card to waive the fuel surcharge by 1%.
• For transactions between Rs.400 and Rs.5,000.
• There is a maximum surcharge waiver of Rs. 150 per statement cycle.

4.Kotak Fortune Gold Credit Card

Highlights: Offering basic credit card benefits on fuel, ticket booking, and more, the Kotak Fortune Gold Credit Card is exclusively designed for businessmen.

Fees: NIL

Fees for renewal: NIL

Benefits and features:

• Get 4 free PVR tickets or Rs.750 in cash back when you spend Rs.1.5 lakh in a year
• A higher cash limit of up to 50% of your credit limit
• You can enjoy a 1% fuel surcharge waiver on fuel transactions from Rs.500 to Rs.3,000.
• Set your spending limit according to your preference with an add-on card.
• For lost credit cards, a credit shield covers Rs.50,000.

5.Amazon Pay ICICI Credit Card

Amazon Pay ICICI credit card helps you save even while enjoying exclusive benefits.

Fees: NIL

Fees: NIL for renewal

Benefits and features:

• Through the Culinary Treats Programme, ICICI Bank credit card customers can save 15% on dining bills at more than 2,500 restaurants in India. 1% of the fuel surcharge is also waived for them.
• This card does not have a cap or expiration date on rewards.
• You can redeem your reward points at more than 100 Amazon Pay merchants and on amazon.in for over 10 crore products.
• If you are an Amazon Prime member, you can get 5% cashback on your Amazon India purchases.
• If you don't have an Amazon Prime membership, you can still get 3% cashback on Amazon India purchases.
• This Amazon Pay card offers 2% cashback at more than 100 partner merchants.
• You can earn 1% cashback on travel, shopping, dining, and other transactions.

6.AU LIT Credit Card

AU Small Finance Bank's LIT credit card allows you to customize the card according to your needs.

Fees: NIL

There is no renewal

Benefits and features:

• Purchases made online domestically and internationally will earn you 5X or 10X reward points.
• Reward points on domestic and international transactions are multiplied by 5X or 10X.
• Over the course of 90 days, you will receive 5% cashback three times.
• Every Rs.100 you spend will earn you 1 reward point along with 5% cashback.
• Within 90 days, you will receive 2% cashback three times.
• For every Rs.100 spent, you will receive 2% cashback and 1 reward point.
• Fuel transactions between Rs.400 and Rs.5,000 are exempt from 1% fuel surcharge.
• Access airport lounges four times a year.

7.IDFC First Select Credit Card

The IDFC First Select Credit Card offers high rewards with no annual fee.

Fees: NIL

Fees: NIL for renewal

Benefits and features:

• Get 10x reward points on purchases over Rs.20,000 per billing cycle
• Spend on your birthday and earn 10x reward points
• Get 6x reward points on online purchases
• Get 3x reward points on offline purchases
• Upon spending Rs.15,000 in the first 90 days, you will receive a gift voucher worth Rs.500
• You can access up to four domestic airport lounges per quarter
• You can access the railway lounge up to four times per quarter.
• 1.99% foreign exchange markup

8.Bank of Baroda Prime Credit Card

This Bank of Baroda Prime Credit Card is perfect for people who are looking for cashback on daily purchases.

Fees: NIL

Fees: NIL for renewal

Benefits and features:

• A fixed deposit of at least Rs.15,000 is required to obtain this card
• Cash credit can be used to redeem rewards
• Transacts above Rs.2,500 can be converted into easy EMIs
• Every month, fuel surcharges are waived up to Rs.250

9.Shoppers Stop HDFC Bank Credit Card

Highlights: Shoppers Stop HDFC Bank credit cards offer rewards for every shopping spree.

Fees: NIL

Fees: NIL for renewal

Benefits and Features:

• You will receive 6 First Citizen Points for every Rs.150 you spend on Shoppers Stop private label brands up to 500 First Citizen Points per month.
• Spend Rs.150 or more on Shoppers Stop brands and other categories (excluding fuel and wallets) and earn 2 First Citizen Points.
• With a minimum purchase of Rs.3,000, you can redeem a Shoppers Stop voucher worth Rs.500.
• Spend Rs.2 lakh a year and get 2000 First Citizen Points.
• Fuel transactions between Rs.400 and Rs.5,000 are exempt from 1% fuel surcharge.

10.Dhanlaxmi Bank Platinum Credit Card

Dhanlaxmi Bank Platinum credit cards are best suited for daily credit card users.

Fees: NIL

Fees: NIL for renewal

Benefits and features:

• The purchase protection cover is included
• Covered by a credit shield
• Shop at department stores or grocery stores and get flat 5% cashback.

FAQs on Lifetime Free Credit Cards

Are there any other hidden charges if I use a Lifetime Free credit card?

No, there are no hidden charges if you use a lifetime free credit card. The bank is very clear about the charges associated with the card. You pay only what you spend.

What will happen if I use a lifetime free credit card and do not clear the bill on time?

A lifetime free credit card works just like any other credit card. If you do not pay your bill on time, then the bank will charge you a late fee. If you still do not pay the credit card bill on time, then the bank deactivates your card due to which your credit score suffers.