TYPES OF CREDIT CARDS AVAILABLE IN INDIA

Sevaral types of credit cards available in INDIA

LIST OF SOME COMMON TYPES OF CREDIT CARDS AVAILABLE

Standard Credit Cards:

These are the basic credit cards with standard benefits and features. Theyse are typically suitable for individuals who want simple credit card for everyday use.

1

Reward Credit Cards:

These types of cards offer reward points for every purchase using the card. These points can be redeemed forthe various rewards, including cashback, merchandise, travel vouchers, and more.

2

Cashback Credit Cards:

Cashback credit cards ,these cards provide a percentage of spending amount as cashback, Amount is credited back to the cardholder's account. These cards are also popular for their direct monetary benefits.

3

SOME OTHER TYPES OF CARDS LIST IS HERE

Travel credit cards designed for the frequent travelers. They offer the benefits such as air miles, lounge access, discounts on flight tickets and hotel bookings, and other travel insurance coverage.

This  credit cards comes with discounts, offers, and rewards tailored for both retail and online shopping. They often provide cashback/discounts at the partner stores.

Premium credit cards designed for the  high-income individuals and offer exclusive privileges like concierge services, airport lounge access, premium dining offers, and more.

These type of cards are specifically designed for the  students and often comes  with the lower credit limits. They help the students build  credit history while managing their finances.

Fuel credit  cards offer discounts, cashback, or reward points on the fuel purchases at specified fuel stations. These are ideal for individuals who spend a significant amount on fuel.

This type of  credit cards are intended for business owners and comes with the features like expense tracking, employee cards, and rewards on the  business-related spending.

Secured credit cards require  security deposit as collateral. They are  offered to individuals with limited or poor credit score to help them improve their credit scores.

These life time free  cards do not have an any annual fee, making them cost-effective for the cardholders. They are often considered as basic credit cards with no frills.