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Top 5 Credit Cards to Choose in 2024: Comprehensive Guide on Features, Fees, and Perks
In today’s fast-paced, reward-driven market, credit cards are more than just a payment tool – they’re a way to unlock benefits across dining, shopping, travel, and more. If you're looking to maximize savings and rewards in 2024, here’s a detailed guide on the best credit cards, featuring top names like Swiggy HDFC Bank Credit Card, Airtel Axis Bank Credit Card, HSBC Live + Credit Card, AU Altura+ Credit Card and SBI Cashback Credit Card.
Let’s explore each card’s unique perks, joining fees, annual maintenance fees, and fee waivers.
Swiggy HDFC Bank Credit Card: A Guide to Maximizing Rewards on Dining and Shopping
Are you a Swiggy enthusiast or an avid online shopper? The Swiggy HDFC Bank Credit Card is designed specifically to reward foodies and e-commerce lovers with generous cashback, exclusive memberships, and milestone bonuses. Here’s a breakdown of how you can make the most of this card.
Key Features and Benefits
1. Dining and Food Delivery Rewards
- 10% Cashback on Swiggy Orders: Get 10% cashback every time you order on Swiggy, a must-have for those who regularly rely on Swiggy for quick, delicious meals.
- Swiggy One Membership: Receive a 3-month complimentary Swiggy One Membership (valued at ₹1,199), giving you unlimited free deliveries and exclusive discounts on Swiggy orders. Over three months, this membership alone could save you up to ₹2,100 on regular usage.
2. E-Shopping Cashback
- 5% Cashback on E-Commerce: Earn 5% cashback on e-commerce spends across your favorite online platforms. With a monthly spend of ₹30,000, you can earn up to ₹1,500 in cashback every month.
3. Rewards on Everyday Spending
- 1% Cashback on All Other Spends: For all other purchases, enjoy 1% cashback. This adds up quickly, with an estimated ₹50,000 in monthly non-categorized spends leading to ₹500 in monthly cashback.
Monthly Spends and Estimated Annual Savings
Example Spend Pattern:
By using the card across Swiggy, e-commerce, and general expenses, you could save up to ₹45,299 in a year, making this an exceptional card for frequent Swiggy users and online shoppers.
Cashback and Key Milestones
- Swiggy Cashback: 10% cashback on Swiggy orders, translating into an annual savings of ₹18,000 with regular spending.
- E-Shopping Cashback: 5% cashback on online shopping, providing an additional ₹18,000 in annual savings.
- Other Categories Cashback: 1% cashback on all other spends, generating savings up to ₹6,000.
Additional Perks
- Swiggy One Membership (3 months free): Enjoy free delivery and special offers across Swiggy with the complimentary Swiggy One Membership for three months, worth ₹1,199.
- Savings from Swiggy One Membership: The estimated savings for using Swiggy One Membership frequently are around ₹2,100 over three months, which further adds value to the card.
Ideal Monthly Spending Pattern for Maximum Benefits
- Monthly Swiggy Spend: ₹15,000 (to earn 10% cashback on food orders).
- Monthly E-Commerce Spend: ₹30,000 (to earn 5% cashback on e-shopping).
- Other Monthly Spends: ₹50,000 (to earn 1% cashback on miscellaneous expenses).
With these spending patterns, the annual cashback and benefits total approximately ₹45,299. This makes the Swiggy HDFC Bank Credit Card one of the most rewarding cards for food delivery and online shopping enthusiasts in 2024.
Conclusion: The Swiggy HDFC Bank Credit Card is an ideal choice if you prioritize food delivery and online shopping. With high cashback rates, a complimentary Swiggy One Membership, and additional savings across various categories, this card is tailor-made for those looking to get the most out of their daily expenses. Maximize your savings and elevate your dining experience with this rewards-packed credit card.
Airtel Axis Bank Credit Card: The Ultimate Card for Online Recharges, Food Orders, and Lifestyle Spending
If you’re an Airtel user who loves cashback, discounts on dining, and the convenience of managing multiple spends in one place, the Airtel Axis Bank Credit Card could be your perfect match. This card offers a well-rounded suite of benefits across popular categories such as telecom bills, food delivery, online groceries, and fuel. Here’s a detailed breakdown of its features, benefits, and savings potential to help you decide if it’s the right fit for you.
Key Benefits and Annual Savings
1. Activation Benefit
- Joining Perk: Upon activation, enjoy an instant credit of ₹500. This activation benefit reduces the initial cost and gets you started with immediate savings.
- Benefit in INR: ₹500
2. Airtel Bill Payments and Mobile Recharges
- 25% Cashback on Airtel Payments: This card is tailored for Airtel users, providing a substantial 25% cashback on Airtel bill payments and recharges through the Airtel Thanks app. With an annual Airtel spend of ₹12,000, you can save up to ₹3,000.
- Benefit in INR: ₹3,000
3. Non-Telecom Purchases via Airtel Thanks App
- 10% Cashback: Enjoy a 10% cashback on non-telecom purchases made through the Airtel Thanks app, including various shopping options. With an annual spend of ₹30,000 in this category, you can earn ₹3,000 in cashback.
- Benefit in INR: ₹3,000
4. Swiggy Orders
- 10% Cashback on Swiggy: Foodies can benefit from a 10% cashback on Swiggy orders, allowing you to save on every meal ordered. Spending ₹15,000 on Swiggy annually translates to a savings of ₹1,500.
- Benefit in INR: ₹1,500
5. BigBasket Grocery Purchases
- 10% Cashback on BigBasket: For grocery shopping, you get 10% cashback on BigBasket orders. With a yearly BigBasket spend of ₹15,000, you save an additional ₹1,500.
- Benefit in INR: ₹1,500
6. Zomato Orders
- 10% Cashback on Zomato: If you prefer dining with Zomato, this card rewards you with a 10% cashback. With an annual spend of ₹15,000 on Zomato, this adds another ₹1,500 to your savings.
- Benefit in INR: ₹1,500
7. Fuel Surcharge Waiver
- 1% Surcharge Waiver: For drivers, the card offers a 1% waiver on fuel surcharges, saving you up to ₹200 annually on fuel expenses of ₹20,000.
- Benefit in INR: ₹200
8. All Other Spends
- 1% Cashback: For miscellaneous spending outside of specific categories, you’ll earn 1% cashback. This can amount to ₹930 on a spend of ₹93,000 throughout the year.
- Benefit in INR: ₹930
9. Complimentary Airport Lounge Access
- Lounge Access: Enjoy exclusive airport lounge access, estimated to be worth ₹4,000 annually, adding a touch of comfort to your travel experience.
- Benefit in INR: ₹4,000
Total Annual Savings and Benefit Summary
With an approximate total benefit of ₹16,130, representing around 8.07% annual savings based on standard spends, this card is a rewarding option for users who frequently spend on Airtel services, online orders, and other daily expenses.
Ideal Usage Profile
The Airtel Axis Bank Credit Card is best suited for:
- Airtel Customers: Maximize the 25% cashback on Airtel payments and additional benefits on non-telecom purchases.
- Food Delivery Lovers: With cashback on both Swiggy and Zomato orders, this card offers substantial savings for frequent food delivery users.
- Grocery Shoppers: Enjoy grocery cashback on BigBasket purchases.
- Frequent Travelers: Benefit from complimentary airport lounge access, making travel more comfortable.
AU Bank Altura Credit Card: Your Ideal Card for Cashback, Convenience, and Security
The AU Bank Altura Credit Card is designed to offer cashbacks and savings on everyday expenses like groceries, utility bills, and fuel while also providing valuable travel and security benefits. If you’re looking for a card that combines affordability with convenience and flexibility, here’s a detailed breakdown of the features, perks, and unique advantages of the AU Bank Altura Credit Card.
Key Highlights of the AU Bank Altura Credit Card
- Utility Bill Cashback: Earn 2% cashback on utility bill payments made through the AU Bank Altura Credit Card, with a maximum cashback of ₹50 per statement cycle.
- Fuel Surcharge Waiver: Get a 1% waiver on fuel surcharge at any fuel station in India, applicable on transactions between ₹400 and ₹5,000.
- Statement Cycle Cashback: Receive an additional ₹50 cashback each statement cycle when your spends reach ₹10,000.
- Grocery and Departmental Store Cashback: Get 2% cashback on groceries and departmental store purchases.
- Apply Online: You can conveniently apply for the AU Bank Altura Credit Card online to get started with its benefits.
Features and Benefits of the AU Bank Altura Credit Card
1. Welcome Benefits
- Spend-Based Cashback: Start earning immediately with an additional ₹50 cashback on spending ₹10,000 in your first statement cycle. This benefit repeats each statement cycle, encouraging consistent spending to unlock additional cashback.
2. Cashback Benefits
- Utility Bill Payments: With 2% cashback on utility bills (subject to a maximum of ₹50 per cycle), this card helps you save on essential recurring expenses.
- Grocery and Departmental Stores: Enjoy 2% cashback when you shop for groceries and other essentials, a valuable feature for households.
- General Spends: Earn 1% cashback on all other spends, making the card useful for diverse everyday expenses.
3. Fuel Benefits
- 1% Fuel Surcharge Waiver: When refueling at any petrol station across India, you get a 1% waiver on the surcharge, applicable on transactions between ₹400 and ₹5,000. This feature is helpful for regular drivers who want to save on fuel costs.
4. Milestone Benefits
- Statement Cycle Cashback: Each statement cycle, if you spend ₹10,000 or more, you’ll receive an extra ₹50 cashback. It’s an excellent perk for consistent card usage, providing recurring savings.
5. Railway Lounge Benefits
- Free Railway Lounge Access: Get two complimentary railway lounge visits every calendar quarter, providing comfort and relaxation while you wait for your train. Add-on cardholders are also eligible for these visits, allowing family members to enjoy the benefits too.
6. Equated Monthly Instalment (EMI) Benefits
- XpressEMI: Convert purchases of ₹2,000 or more into easy EMIs by calling AU Bank’s customer care. This feature provides financial flexibility, making it easier to manage large expenses over time.
7. Insurance Benefits
- Card Liability Cover: Protect yourself from fraud or unauthorized use in case of a lost or stolen card. Once reported, you incur zero liability for fraudulent transactions, covering you against incidents like credit card skimming, online fraud, and counterfeit usage.
8. Contactless Card Usage
- Tap to Pay: Enjoy fast, safe, and convenient payments for transactions up to ₹5,000. Just tap your AU Bank Altura Credit Card at a participating merchant’s terminal, and you’re good to go—no need to enter a PIN for added convenience and security.
9. Add-On Cards
- Share the Benefits with Family: Extend the card’s benefits to your family members with free lifetime add-on cards. Family members get access to cashback, discounts, and lounge benefits, making this card a great choice for households.
Who Should Consider the AU Bank Altura Credit Card?
The AU Bank Altura Credit Card is ideal for individuals who prioritize cashback on essential spends like utilities and groceries, frequent travelers looking for lounge access at railway stations, and anyone who values easy EMIs and contactless payment options. This card is particularly beneficial for families, thanks to the complimentary add-on cards, and for those looking for peace of mind with built-in insurance benefits.
Final Verdict: Is the AU Bank Altura Credit Card Right for You?
With an appealing mix of cashback on day-to-day expenses, surcharge waivers on fuel, free railway lounge access, and zero liability protection, the AU Bank Altura Credit Card provides excellent value for those who want to save on recurring expenses while enjoying added benefits. Apply online today to start unlocking these savings and make the most of your daily transactions.
HSBC Live Plus Credit Card: A Perfect Card for Cashback, Discounts, and Savings on Lifestyle Spends
The HSBC Live Plus Credit Card brings a suite of benefits designed for the modern lifestyle. With a generous cashback structure on dining, food delivery, and groceries, along with exclusive discounts and welcome gifts, this card is crafted to reward both your everyday and luxury spends. Here’s a detailed look at the features, benefits, and savings potential of the HSBC Live Plus Credit Card.
Welcome Gifts and Cashback Offers
1. INR 1,000 Cashback on App Activation and Initial Spending
- As a welcome bonus, get ₹1,000 cashback simply by downloading and logging into the HSBC India Mobile Banking app and spending ₹20,000 within the first 30 days of receiving your card. This immediate cashback gives a strong start to your rewards journey.
2. Amazon e-Gift Voucher
- Get a ₹250 Amazon e-gift voucher when you apply for the HSBC Live Plus Credit Card online and complete your video KYC (VKYC). This is a convenient perk for online shoppers, rewarding you with instant shopping power.
Exclusive Shopping Discount
20% Off at Myntra
- Enjoy 20% off on purchases of ₹3,000 and above on Myntra, one of India’s top online shopping platforms. Whether you're shopping for fashion, beauty, or lifestyle products, the HSBC Live Plus Credit Card makes your purchases more affordable.
- Discount Limit: This offer is capped at ₹1,000 per month and can be used once per card every calendar month through December 31, 2024.
Cashback Structure: Maximize Your Savings
The HSBC Live Plus Credit Card is loaded with cashback offers that cater to frequent dining, food delivery, and grocery expenses, with additional cashback for other spending categories.
1. 10% Cashback on Select Categories
- Earn 10% cashback on dining, food delivery, and groceries, which are capped at ₹1,000 per month across these categories. With routine monthly spending, you can make the most of this cashback offer.
2. 1.5% Unlimited Cashback on All Other Spends
- For non-categorized spends, like hotel bookings, shopping, and healthcare, earn 1.5% cashback with no limit on earnings. This covers purchases beyond the main cashback categories, ensuring continuous rewards.
Total Cashback Earned in a Sample Month: ₹1,495
With dining, groceries, and general lifestyle expenses, this card can easily provide substantial cashback each month, helping you save on essential and discretionary spends.
Summary of Benefits and Ideal Usage
The HSBC Live Plus Credit Card is ideal for:
- Dining & Food Delivery Lovers: With 10% cashback on dining and food delivery, this card brings excellent value for those who enjoy meals at restaurants or home delivery.
- Grocery Shoppers: A 10% cashback on groceries makes this card rewarding for households with regular grocery expenses.
- Frequent Shoppers: The 20% discount on Myntra, with a cap of ₹1,000 per month, is a great benefit for fashion and lifestyle purchases.
- Travel & Lifestyle Spend: Earn 1.5% cashback on hotel stays, shopping, healthcare, and other general spends, adding value to every purchase without any caps.
Final Thoughts: Is the HSBC Live Plus Credit Card Right for You?
The HSBC Live Plus Credit Card offers a balanced mix of high-percentage cashback on daily expenses, along with flexibility and discounts for lifestyle purchases. It’s an excellent choice if you’re looking for a straightforward rewards structure, notable welcome bonuses, and the ability to maximize savings on both daily and luxury expenses. Apply today to unlock the full potential of your lifestyle spending.
SBI Cashback Credit Card: A Comprehensive Rewards Card with Easy Savings on Every Spend
The SBI Cashback Credit Card is perfect for those who prioritize cashback on both online and offline purchases. With generous cashback rates, fuel surcharge waivers, and convenient EMI options, this card combines affordability with flexibility, making it ideal for frequent shoppers and savvy spenders. Here’s a detailed look at what makes the SBI Cashback Credit Card a top choice.
Key Features and Benefits
1. Unrestricted Cashback on All Online and Offline Spends
- 5% Cashback on Online Spends: Enjoy an impressive 5% cashback on online transactions. This benefit is available without any merchant restrictions, meaning you can earn cashback across e-commerce sites, online shopping, and more.
- 1% Cashback on Offline Spends: Get 1% cashback on in-store purchases as well, making it a versatile card for all kinds of spending.
Exclusions: Cashback is not available for EMI-based transactions (Merchant EMI & Flexipay EMI) and certain categories, including utility bills, insurance payments, fuel, rent, wallet top-ups, education fees, jewelry, and railway expenses. Check the SBI Cashback Card T&Cs for the complete list.
2. Hassle-Free Cashback Crediting
- Automatic Cashback Credit: Cashback is auto-credited to your SBI Card account within two days of your next statement generation, providing a smooth experience without any manual redemption requirements.
3. Spend-Based Annual Fee Reversal
- Renewal Fee Waiver: The annual renewal fee is waived if you achieve annual spends of ₹2 Lakhs. This makes it ideal for frequent users, as hitting this milestone effectively makes the card free of cost for the year.
Additional Benefits
Fuel Surcharge Waiver
- 1% Fuel Surcharge Waiver: The card offers a 1% waiver on fuel surcharge across all petrol pumps in India, applicable on transactions between ₹500 and ₹3,000 (excluding GST and additional charges). You can enjoy a maximum surcharge waiver of ₹100 per statement cycle, saving you money on fuel.
Contactless Advantage
- Tap to Pay: Simplify your purchases with contactless payment functionality. Just tap your SBI Cashback Credit Card on a secure reader to complete transactions without entering a PIN, making small ticket purchases fast and convenient.
- Enhanced Security: The card remains in your possession throughout the transaction, minimizing the risk of loss or fraud. Each tap creates a unique security key through Visa’s PayWave technology, ensuring only one transaction is processed even if the card is tapped multiple times.
Worldwide Acceptance
- The SBI Cashback Credit Card is accepted at over 24 million outlets globally, including 3,25,000 locations in India, making it highly reliable for both domestic and international use.
Add-On Cards for Family
- Empower family members by providing them with add-on cards that share your credit limit and benefits. Available for family members above the age of 18, this is a great way to extend the advantages of your SBI Cashback Credit Card to your loved ones.
Cash Withdrawal Facility
- Cash on the Go: Withdraw cash from over 1 million VISA ATMs globally, providing access to funds whenever you need them.
Utility Bill Payment and EMI Options
Easy Bill Payment
- Utility Bill Payments: With SBI’s Easy Bill Pay feature, pay electricity, mobile, telephone, and other utility bills easily using your SBI Cashback Credit Card. This feature offers convenience for recurring monthly expenses.
Balance Transfer on EMI
- Save on Interest Payments: Consolidate outstanding balances from other credit cards by transferring them to your SBI Cashback Credit Card. This feature allows you to pay off balances at a lower interest rate with the convenience of EMI, helping you manage credit card debt effectively.
Ideal Usage: Who Should Consider the SBI Cashback Credit Card?
The SBI Cashback Credit Card is designed for:
- Frequent Online Shoppers: With 5% cashback on online purchases, this card provides excellent value for those who shop online frequently.
- In-Store Shoppers: The 1% cashback on offline spends makes it equally rewarding for in-person purchases.
- Fuel Savers: Enjoy a 1% fuel surcharge waiver at petrol pumps, an attractive benefit for regular commuters.
- Practical Users Seeking Savings: With the annual fee waiver on spends of ₹2 Lakhs, frequent users can enjoy the card benefits without paying a renewal fee.
Final Verdict: Is the SBI Cashback Credit Card Worth It?
The SBI Cashback Credit Card stands out for its straightforward cashback structure, fuel surcharge benefits, and utility bill payment options. With rewards across a variety of purchase categories, it’s perfect for those who want hassle-free savings on both online and offline expenses. Apply today to start maximizing your spending power with the SBI Cashback Credit Card.
Very detailed and comprehensive blog with comparison and important benefits of credit cards.
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