Best Premium Credit Cards In India For May 2024

The Infinia credit card is a premium card that offers exclusive benefits and rewards for its customers. The card has a high credit limit, low interest rate. The card also provides access to airport lounges, travel insurance, concierge service, and cashback on various categories. The Infinia credit card is ideal for people who want to enjoy a luxurious lifestyle and save money on their expenses.

Benefits:

• Card activation rewards the customer with 12,500 points.

• Enjoy a complimentary one-year Club Marriott Membership, offering up to 20% discounts on dining and stays across the Asia-Pacific region.

• Receive 12,500 reward points annually, helping offset the previous year’s annual fee.

• Fee redemption is available upon spending INR 10 lakh using the card, with the exclusion of the 12,500 reward points.

• Earn 5 reward points for every INR 150 spent, including on various retail expenses like insurance, utilities, education, and rent payments.

• Impressive 10 times reward points on travel and shopping expenses made via SmartBuy.

• Access unlimited complimentary golf coaching at select Indian courses and enjoy unrestricted complimentary rounds of golf at leading Indian and select international courses.

• Loss of the card is covered by insurance, resulting in zero liability for fraudulent transactions when promptly reported to the 24-hour call center.

• Foreign currency transactions incur a favorable 2% markup, notably lower than the typical 3.5%.

• Revolving balances face an annual interest rate of 43.2% as of 9/22/2021, subject to potential fluctuations.

• 24/7 customer support ensures assistance with inquiries at any time.

• Benefit from a 1% fuel surcharge waiver on transactions exceeding INR 400 at all fuel stations across India.

• Complimentary nights and weekend buffets at participating ITC Hotels.

• Avail of an accidental air death cover of INR 3 cr.

• Emergency overseas hospitalization coverage up to INR 50 lakh.

• Credit shield cover of INR 9 lakh.

The Magnus Credit Card offers unlimited access to both international and domestic airports’ lounges. In addition to lounge privileges, cardholders benefit from VIP assistance services up to eight times a year, providing invaluable support for various airport procedures, including check-ins, security checks, immigration processes, and porter services. Moreover, the card includes a generous allocation of nine complimentary visits for accompanying guests.

Benefits:

• Subscribers can choose between one complimentary domestic flight ticket and a Tata CLiQ voucher of INR 10,000 as annual benefit.

• Interest rate of 2.5% on extended credit.

• Foreign currency markup fee of 2%.

• No cash withdrawal fee.

• Fuel surcharge waiver of 1% for transactions between INR 400 to INR 4,000.

• 25,000 EDGE reward points worth INR 5,000 on monthly spends of INR 1 lakh.

• 5X EDGE reward on travel spends via TRAVEL EDGE.

• 12 EDGE reward points on every INR 200 spent.

• 2X EDGE reward points on purchases at MakeMyTrip, Yatra, Goibibo and more.

• Services of dedicated concierge available on phone.

• A flat 15% off and a complimentary room upgrade at all Oberoi properties in India.

• Buy one movie or non-movie ticket and get up to INR 500 off on the second.

• Up to 20% discount at over 4000 restaurants across India.

• Air accident cover, purchase protection, lost card liability programs and more.

• Expert medical opinion from a panel of world class specialists available for the users.

• Healthcare packages from SRL diagnostics, Dr. Lal PathLab and Metropolis.

The Axis Bank Reserve Credit Card offers unlimited international lounge visits for both primary and add-on cardholders, accompanied by Priority Pass membership. It also includes a remarkable feature of providing 12 complimentary visits annually for accompanying guests. Additionally, cardholders can avail of VIP assistance services up to eight times a year, facilitating a seamless airport experience, including assistance with airport procedures, check-ins, security checks, immigration processes, and porter services.

Benefits:

• Annual fee waived upon spending INR 25 lakh in the previous year.

• Favorable foreign currency markup of 1.5% for international transactions.

• No charges for cash withdrawals.

• Enjoy a 1% fuel surcharge waiver for transactions ranging from INR 400 to INR 4,000 (capped at INR 400 per month).

• Benefit from a reduced APR of 2.5% on extended credit.

• Receive 50,000 reward points upon card activation and renewal.

• Earn 15 EDGE reward points for every INR 200 spent.

• Get 2X rewards on international expenditures.

• Access Club ITC Culinaire membership with a complimentary third-night stay.

• Avail 50% savings on published room tariffs for suites on weekends, along with 25% green points on food and beverage expenses and a bouquet of 10 certificates.

• Enjoy Accorplus membership, offering a complimentary night stay across the Asia-Pacific region, complimentary room upgrades, and up to 50% off on dining.

• Relish a complimentary lunch buffet for two at Accor Hotels in India.

• Access the handcrafted Club Marriott Asia-Pacific membership, featuring 20% off on food and beverage expenses and 20% off on the best available rates at participating Marriott Hotels in India, as well as weekend rates in the Asia-Pacific region.

• Exclusive offers at Oberoi Hotels and Resorts, including 15% savings on room-only rates and room with breakfast rates, or a complimentary third-night stay, and 50% savings on best available rates for suites.

• For Postcard Hotels, enjoy 15% off on the best available room rate and anytime check-in and check-out.

• Receive 50 complimentary golf rounds each year at the finest golf courses in India.

• Benefit from counterfeit and lost card liability up to the credit limit.

• Receive purchase protection of INR 2 lakh.

• Enjoy coverage for loss, delay in baggage, and personal documents amounting to $500.

• Access a credit shield of INR 5 lakh.

• Receive air accident coverage of INR 450 lakh.

• Get the first complimentary information session and a 25% discount on all health and wellness coaching plans.

• Utilize a referral-based service for a second medical opinion with world-class specialists.

• Exclusive savings on healthcare packages and pathology tests at Dr. Lal Pathlabs and Metropolis.

SBI Card, India’s leading credit card issuer, introduces the exclusive ‘AURUM’ credit card, available by invitation only. Targeting C-suite executives and high-net-worth individuals, AURUM is a super-premium credit card designed to provide a refined and indulgent experience across various lifestyle aspects such as travel, shopping, entertainment, and leisure. Crafted with a metallic look and matte black finish, AURUM’s thoughtful design reflects its luxury quotient.

Benefits:

• Joining and annual membership fee: INR 9,999 plus taxes, reversed on achieving a spending milestone of INR 12 lakh in a card membership year.

• Joining benefits include 40,000 Reward Points (INR 10,000 equivalent), with points that never expire.

• 1-year Club Marriott membership as a welcome gift, offering up to 25% discounts in Marriott group hotels.

• Unlimited international lounge access, flight cancellation cover, golf privileges, concierge services, and secretarial access.

• Unlimited international lounge access for cardholders and four international lounge visits for accompanying guests.

• Flight benefits include cover for two flight cancellations and INR 1 lakh cover for baggage loss, flight delays, or loss of goods during travel.

• 16 complimentary golf rounds and 12 complimentary lessons per calendar year.

• Forex mark-up of 1.99% on international transactions.

• Accidental death cover worth INR 3.5 crore.

• AURUM’s partnership with BookMyShow provides 4 free movie tickets worth INR 1000 every month.

• One-year complimentary digital subscriptions of Mint and The Wall Street Journal.

• E-vouchers based on monthly and annual spending milestones from Tata CLiQ, Tata CLiQ Luxury, Taj Experience, and Apple Premium Reseller Gift Card.

• Lost card liability and fraudulent charge cover worth INR 10 lakh for enhanced security.

The SBI Elite Credit Card is a premium card that offers a range of benefits and privileges to its users. The card comes with a welcome gift of 5000 reward points, which can be redeemed for vouchers from popular brands. The card also offers complimentary membership to Club Vistara and Trident Privilege programs, which provide access to exclusive lounges, discounts on hotel stays, and more. The card has a milestone reward program, which gives additional reward points or vouchers on reaching certain spending thresholds.

Benefits:

• Receive an E-gift voucher worth INR 5,000, which can be redeemed with brands such as Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop, and Yatra.com.

• Earn 5X reward points for expenditures on dining, departmental stores, and groceries.

• Accumulate 2 reward points for every INR 100 spent on all other transactions.

• Please note that reward points are not applicable to fuel purchases.

• Benefit from a 1% surcharge waiver on fuel transactions (government service tax will still be applicable), up to a maximum of INR 250. Beyond this threshold, the surcharge will be levied.

• Complimentary Club Vistara Silver membership

1. One upgrade voucher.

2. Nine Club Vistara points for every INR 100 spent on Vistara flights.

3. Offer is valid for primary cardholders only.

• Earn 10,000 bonus reward points for annual expenditures between INR 3 lakh and 4 lakh.

• Receive 15,000 bonus reward points for spending between INR 5 lakh and 8 lakh annually.

• Enjoy a waiver of the annual fee for spending INR 10 lakh in a year.

• Access international priority pass lounges up to four times a year, with a maximum of two visits per quarter.

• Visit domestic lounges in India up to eight times annually, with a limit of two visits per quarter.

• Please note that these lounge benefits are available exclusively to the primary cardholder.

• Gain Trident Privilege Red Tier membership for SBI Elite credit cardholders.

• Receive 1,000 welcome points upon registration.

• Enjoy 1,500 bonus points on the first stay, along with an additional INR 1,000 hotel credit for extended night stays.

• Earn 2 reward points for every INR 100 spent on international transactions.

• Access assistance services such as flower and gift delivery, as well as online doctor consultations.

• Receive a cover of INR 1 lakh for any fraudulent purchases made on this card, valid from 48 hours before reporting the loss to seven days after reporting. Other transactions will be chargeable.

• Benefit from air accident liability coverage of INR 1 cr, available for the primary account holder.

Mastercard/VISA/American Express Privileges

The SBI Elite Credit Card has three variants and all the three provide certain facilities. Below are the facilities which are specific to a particular card.

Mastercard

1. One complimentary lesson per month at selected golf courses across India.

2. Four rounds of complimentary green fees access (green fee is the fee that golfers pay in order to gain access to the course).

3. 50% off on golf games.

4. 15% discount on best available room rates and up to 15% discount on food and beverages at the Lalit Hotels.

VISA

1. Up to 10% discount on Hertz cars.

2. Up to 35% on the rents of Avis Car Rentals.

3. Various benefits across 900 luxury hotels worldwide.

American Express

1. American Express Dining Platform: Up to 25% discount on various dining offers.

2. Complimentary tablet plus membership: Access to VIP upgrades and privileges at hotels worldwide.

The Ultimate Credit Card by Standard Chartered provides a range of benefits and features that make it an ideal choice for anyone looking for convenience, security and rewards. With this card, you can enjoy up to 5% cashback on all your spending categories, such as dining, travel, entertainment and more. You can also access exclusive offers and discounts from over 300 partner merchants across the country. Plus, you can get complimentary airport lounge access, travel insurance and fraud protection. The Ultimate Credit Card by Standard Chartered is the ultimate way to experience the best of life.

Benefits:

• 6000 reward points worth INR 6,000 on the payment of joining fee.

• 5 reward points on spending INR 150 on any transaction.

• 1 percent fuel surcharge waiver.

• On spending INR 20,000 in the previous month, customers get one free access to an airport lounge just once.

• 5 percent cashback on duty free shops.

• 4 domestic airport lounge access per quarter

• Emergency overseas hospitalization of $25,000.

• Apart from Ultimate Credit Card specific offers there are other general offers as well. These offers are available to customers using any kind of Standard Chartered cards.

1. 15% discount on e-vouchers.

2. Up to 25% discount on EasyMyTrip bookings.

3. Discounts on other electrical appliances etc.

• Complimentary access to golf courses.

• Air accident insurance cover of $200,000.

IndusInd Bank has unveiled the Pioneer Heritage Metal Credit Card, featuring two variants: one as a Mastercard and the other as a Visa credit card. While both cards offer similar services, we have chosen the Mastercard version for its enhanced features.

This exclusive card not only grants unlimited lounge access but also includes chauffeured car services for seamless transportation between the airport lounge and the aircraft, ensuring a luxurious travel experience. The card comes with a one-time joining fee of INR 1,80,000. Alternatively, there is an alternative fee structure, comprising a joining fee of INR 90,000 and an annual fee of INR 25,000.

Benefits:

• 2.5 reward points for every INR 100 spent on international transactions.

• 1 reward point for every INR 100 spent on domestic transactions.

• Luxe gift card valued at INR 5,000.

• Obtain a gift voucher from Montblanc India.

• Avail INR 3,000 off on food bills annually at partner restaurants.

• Receive four complimentary tickets per quarter, with each ticket capped at INR 1,000.

• Get gift vouchers from Oberoi Group of Hotels.

• Enjoy a 20% discount or a reduction of INR 350 (whichever is lower) for every two tickets purchased for non-movie events.

• Access four complimentary golf games and four golf lessons each month.

• Benefit from a 24-hour concierge service.

• Obtain personal air accident insurance cover of up to INR 25 lakhs.

• Receive a 1% waiver for transactions between INR 400 and INR 4,000, including GST on fuel surcharge.

Mastercard variant

• One free night at partner luxury hotels and resorts (offer varies by service provider).

• Receive three rounds of complimentary green fees and one complimentary guest green fee per calendar quarter.

• Access Club ITC culinaire discounts.

• Departure services include a private departure lounge, airline check-in, security procedures, and a private chauffeured car to the aircraft.

• Arrival services include a chauffeured car, private arrival lounge, refreshments, and private customs and immigration clearance.

• Have your luggage delivered directly to your private lounge.

• Access medical experts providing opinions on complex diseases, covering the cardholder, spouse, children, and parents.

• Enjoy a global data plan of 3 GB for 10 days every year and a 15% discount on subsequent flexiroam data plans.

The ICICI Sapphiro Credit Card offers a plethora of enticing benefits for cardholders, making it a truly premium choice. Upon payment of the joining fee, members are welcomed with exclusive vouchers valued at Rs 10,000 for both shopping and travel.

The rewards continue with an opportunity to earn up to 20,000 PAYBACK Points annually through ICICI Bank Rewards, adding value to every transaction. Travel experiences are elevated with 4 complimentary domestic airport lounge visits per quarter, courtesy of Mastercard and American Express, along with 2 complimentary international airport lounge visits and 2 domestic airport spa visits annually through the Dreamfolks DragonPass Lounge Access Programme.

This card gives better reward points on international spends.

Benefits:

• Welcome Vouchers for Shopping and Travel worth INR 10,000 upon payment of the joining fee.

• Get up to 20,000 PAYBACK Points from ICICI Bank Rewards every anniversary year.

• Airport Lounge Access:

• 4 complimentary domestic airport lounge visits per quarter, courtesy of Mastercard and American Express.

• 2 complimentary international airport lounge visits per calendar year.

• 2 complimentary domestic airport spa visits per calendar year through the Dreamfolks DragonPass Lounge Access Programme.

• Avail up to 4 complimentary rounds of golf every month at the golf course of your choice based on eligible spends on your card.

• Buy one ticket and get up to INR 500 off on the second ticket, twice every month, through bookmyshow.

• Minimum 15% savings on dining bills at over 2,500+ restaurants across India through the Culinary Treats Programme.

• 2 ICICI Bank reward points for every INR 100 spent on domestic retail purchases (excluding fuel).

• 4 ICICI Bank reward points for every INR 100 spent internationally.

• 1 ICICI Bank reward point for every INR 100 spent on utilities and insurance.