Lifetime free Credit Cards: When it comes to Credit card, many of us want maximum benefits out of it with minimum charges. Therefore, Every bank or card issuer typically offers such kind of credit card which is known as lifetime free credit card that provide the best of both worlds: charge zero joining or annual fees.
Such kind of credit card are best suited for beginners or first-time card users, who have just begun their professional journey or have never taken any form of credit in the past, and also for those who do not want to pay any fee for the card. While most of the credit cards in this category provide only basic benefits and usually a low rewards rate, there are a few that offer good values.
5 Best Lifetime free Credit Cards without any Annual fee
To ease your process of card selection, here we have mentioned best lifetime free credit cards without any annual fee:
1. IDFC First Wealth Credit Card: It’s been more than a year since IDFC First Bank has launched their range of Credit Cards into Indian market. it is a good premium credit card with lifestyle benefits and best offers such as, reward points for lifestyle spending, travel benefits and insurance.
For different mode of Spend the rewards and reward rate are different such as;
- For offline spends the rewards are equal to 3 RP / 100 INR (3X) and reward rate is equal to 0.75%.
- For online spends the rewards are equal to 6 RP / 100 INR (6X) and reward rate is equal to 1.5%.
- For spends more than 30k the rewards are equal to 10 RP / 100 INR (10X) and reward rate is equal to 2.5%.
- Each reward point is equal to 0.25 INR and rewards does not expires.
- Rewards not applicable on Fuel, Insurance & EMI transactions.
- Rental txns will accrue 3X rewards (0.75%) only and will not be used for 10X calculations.
- Have access to Domestic Airport and Railway Lounges via visa (4 per quarter).
2. IDFC First Select Credit Card: IDFC First Select credit card is one of the premium and most popular cards offered by IDFC First Bank. This credit card is best suitable for people who are looking for a high rewards rate. This card provides a diverse range of offers and benefits to its customers. It comes with great privileges across different categories, including rewards, dining, entertainment, travel, and many more.
Some of its most significant benefits and features are as follows:
- You get a gift voucher worth Rs 500 as an introductory benefit on spending Rs. 15,000 or above within 90 days of card issuance.
- Also, you get a 5% cashback on EMI transactions up to Rs. 1000 within 30days of card issuance using this credit card.
- No reward points get accrued on fuel transactions, EMI transactions, cash withdrawals, and insurance.
- Get up to 6x Reward points on every Rs. 125 spent on online spending
- 3x Reward points on every Rs. 125 spent on offline spending upto Rs 25,000
- 10x Reward Points for every Rs. 125 spent on purchases above Rs. 25,000.
- You earn up to 10x Reward points on every Rs. 125 spent on your birthday
- Great discounts on Airport limousine service in more than 3000 cities in over 80 countries.
- Access to more than 900 hotels worldwide with luxury benefits like room upgrade, in-room WiFi, VIP status, continental breakfast, 3 PM check out, and so on.
- You get free lounge visits at selected domestic airports across India (4 per quarter).
- You get complimentary railway lounge access every quarter (4 per quarter).
3. HSBC Visa Platinum Credit Card: HSBC Visa Platinum Credit Card is an entry-level credit card offered by HSBC Bank. This Credit Card is best suited for people looking for shopping and travel benefits without having to pay any annual fee on the card. You get exciting benefits from the partner brands, including the ‘Buy 1 get 1 Free’ offer on BookMyShow and a discount of 10% on Tata CLiQ , and many more. Moreover, the fuel surcharge waiver, zero liability protection against a lost card are also among the key features of the card.
The HSBC Bank on HSBC Visa Platinum Credit Card allows you to enjoy welcome privileges on spending Rs. 1,000 within 30 days of receiving the card:
- You get Amazon Voucher worth Rs. 500.
- You get 3 complimentary domestic and international lounge access or 3 meal vouchers at airport restaurants in India.
- You get 10% cashback (up to Rs. 2,000) on making at least 5 eligible transactions with a total spend of Rs. 10,000 within the first 60 days of the card issuance.
- You get a 50% discount (up to Rs. 100) on the first transaction on Google Pay.
- You earn 2 Reward Points on every spend of Rs. 150
- You can earn 5x reward points after crossing the total spends of Rs. 4,00,000 in an anniversary year.
4. ICICI Bank Platinum Chip Credit Card: The ICICI Bank Platinum Chip Credit Card was launched to offer its customers a hassle-free and easy to manage a credit card. The security chip on the card is to protect you against fraud. ICICI Platinum Chip Credit Card is suited to the needs of those who are new to credit and want a basic card only for building a good credit score with no annual fee.
The benefits and features are as follows:
- The ICICI Bank Platinum Chip Credit Card allows you to earn reward Points on every transaction that you make and With ICICI credit card rewards points you get a myriad of tempting rewards from all your expenditures.
- These reward Points can be redeemed from a lot of options. These include travel vouchers, lifestyle products, movie vouchers, appliances, mobiles, and lots more.
- You will earn 2 reward Points every time you spend Rs.100 for all retail expenditures except for fuel.
- Receive 1 reward Point every time you make a transaction of Rs.100 spent on insurance and utilities categories.
- You will get 1% fuel surcharge waiver on fuel expenditure that of Rs.4,000 and above at HPCL petrol pumps.
- Can save around 15% on dining with the ICICI Bank Culinary Treats programme at more than 2,500 restaurants.
5. Dhanlaxmi Bank Platinum Credit Card: The Dhanlaxmi Bank Platinum Credit Card is designed to make you a happy shopper. The Dhanlaxmi Bank Platinum Credit Card bears no annual fee or renewal fees. Other than ICICI Amazon Pay Card, Dhanlaxmi Bank Platinum Credit Card is the only lifetime free credit card offering cashback benefit. It focuses on a very practical category, that is, supermarket and departmental store purchases which is a regular expenditure for most people.
Benefits of Dhanlaxmi Bank Platinum Credit Card:
- Get 5% cashback when you spend at theatres, supermarkets and departmental stores.
- You are covered for up to Rs. 1 lakh against damaged, duplicate or fraudulent products and charges for up to 90 days from the date of your purchase.
- You are entitled to Rs. 35 lakhs coverage against air accidents. In the event of your death or permanent and total disability, you will also receive up to Rs. 2 lakh.
- Avail of add on cards for your immediately family members and extend the benefits of this card.
- Redeem the points for a variety of products in the rewards catalogue. Once you reach 600 points, you can start redeeming your points.
Like every other type of credit card, lifetime free credit cards also have their own advantages like:
- Highly Affordable
- Easy Approval
- Welcome Bonus
- Reward Points
- Zero Liability Protection
- Fuel Surcharge Waiver
- Airport Lounge Access
A zero annual fee card can always provide value to you, either you are a first-time applicant or an experienced credit card user. Best choice for individuals who are about to start their credit card journey and are looking for a card that can provide maximum benefits with minimum charges.
Free credit cards generally have fewer benefits as compared to the premium cards that come along with an annual fee, but some of the best lifetime free credit cards come with exceptional privileges. No annual fee credit cards can be truly a blessing for someone who looks for an affordable credit card offering maximum saving opportunities.
Therefore, must look out for such credit cards and go with them without any doubts in your head.
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