Best Lifetime Free Credit Cards in India 2023

A lifetime free bank card comes with zero becoming a member of or annual charge. These free bank cards are greatest fitted to rookies or first-time card customers, who’ve simply begun their skilled journey or have by no means taken any type of credit score prior to now. Lifetime free playing cards are additionally appropriate for individuals who don’t need to pay any charge for the cardboard. Whereas many of the bank cards on this class present solely fundamental advantages and normally a low rewards charge, there are a number of that provide good worth.

Right here, is one of the best bank cards with zero annual charge. With every card, we’ve got additionally talked about who ought to get this card that will help you resolve and select one of the best bank card that fits your wants.

Finest Lifetime Free – No Annual Charge Credit score Playing cards in India for November 2023

Credit score Card
Finest Suited For
Finest Function

Amazon Pay ICICI Credit score Card
On-line Purchasing at Amazon
5% cashback on Amazon for Prime customers

IDFC First Choose Credit score Card
Rewards and Journey
10-times extra reward factors on incremental spends above Rs. 25,000 per 30 days

HSBC Visa Platinum Credit score Card
Reward Factors
Amazon and Swiggy voucher, airport lounge entry and cashback underneath introductory provide*

IDFC First Millennia Credit score Card
Rewards and Journey
6X reward factors on on-line spends as much as Rs. 20,000 per 30 days

ICICI Platinum Chip Credit score Card
Reward Factors
2 reward factors on each Rs. 100 spent

Dhanaxmi Financial institution Platinum Credit score Card
Cashback
5% cashback on departmental retailer and grocery store spends

Additionally learn: Finest Credit score Playing cards in India 2023

1. Amazon Pay ICICI Financial institution Credit score Card

Finest Lifetime Free Credit score Card with Co-branded Cashback Advantages

Amazon Pay ICICI Credit score Card is probably one of the best card within the lifetime free class. The cardboard is very useful for Amazon Prime customers as they get the very best cashback. Cashback is credited within the type of Amazon Pay Stability and could be utilized to make extra purchases.

Key Highlights

5% cashback on Amazon spends for Prime clients
3% cashback for Non-prime clients on Amazon
2% cashback on 100+ Amazon Pay associate retailers
1% cashback throughout all different spends
15% low cost and gives on choose associate eating places in India
1% gasoline surcharge waiver throughout all petrol pumps in India

Learn extra about Amazon Pay ICICI Credit score Card Evaluate | Test Eligibility for Comparable Credit score Playing cards

Who ought to get this card?

Amazon Pay ICICI Credit score Card offers you good worth again within the type of cashback. Nonetheless, solely Amazon Prime members can take advantage of out of this card as a result of the very best cashback is obtainable solely on purchases made by Amazon Prime members. Other than this, Non-prime members will get a cashback of three% on Amazon spends. This bank card is appropriate should you regularly store at Amazon and are searching for a card that provides first rate cashback in your purchases. Nonetheless, should you regularly store at Flipkart or Myntra, then you may also apply for Flipkart Axis Financial institution Credit score Card.

2. IDFC First Choose Credit score Card

Finest Lifetime Free Credit score Card with Journey and Way of life Advantages

IDFC First Choose is a lifetime free bank card appropriate for people who find themselves searching for a excessive rewards charge. The extra you spend, the extra you earn with this card as it really works on an incremental spend reward factors mannequin, whereby the incomes will increase when you attain a specific spending milestone.

Key Highlights

10X reward factors on incremental purchases higher than Rs. 25,000 per billing cycle
6X reward factors on all on-line purchases as much as Rs. 25,000 per 30 days
3X reward factors on all offline purchases as much as Rs. 25,000 per 30 days
Reward vouchers value Rs. 500 on spending Rs. 15,000 inside 90 days of card set-up
5% cashback in your first EMI transaction made inside 90 days of card set-up
Purchase 1 get 1 provide on reserving film tickets (As much as Rs. 250 per ticket) through Paytm cell app (twice per 30 days)
Complimentary home airport lounge entry (4 per quarter)
Complimentary railway lounge entry (4 per quarter)
Low overseas alternate mark-up charge of 1.99%

Learn extra about IDFC First Choose Credit score Card | Test Eligibility for Comparable Credit score Playing cards

Who ought to get this card?

IDFC FIRST Choose Credit score Card is likely one of the greatest zero annual charge bank cards that provide first rate rewards throughout all classes. Nonetheless, you possibly can earn higher reward factors should you regularly store on-line because it gives 6X rewards on on-line purchasing and 3X on offline purchases. You’ll be able to apply for this bank card should you don’t put massive bills in your bank card and are extra inclined in the direction of rewards as an alternative of cashback. Nonetheless, in case you are searching for a card that provides advantages on a particular class, then this won’t be the perfect possibility for you.

3. HSBC Visa Platinum Credit score Card

Finest Lifetime Free Credit score Card for Motion pictures and Cashback

HSBC Visa Platinum Credit score Card is greatest fitted to individuals searching for purchasing and journey advantages with out having to pay any annual charge on the cardboard. You get cashback and film vouchers on reaching the set spending milestone. Reward earnings are additionally larger after reaching the Rs. 4 lakh milestone.

Key Highlights

Amazon Vouchers (value Rs. 500) and Swiggy Vouchers (value Rs. 250) underneath the introductory provide
3 complimentary airport lounge entry at home & worldwide lounges or 3 AirDine vouchers as welcome profit
10% cashback (As much as Rs. 2,000) once you make a minimum of 5 eligible transactions totaling Rs. 10,000 or extra within the first 90 days of card activation
Attain complete spending of Rs. 4 lakh in a 12 months and get 5X rewards on all subsequent purchases
Purchase 1 get 1 free provide with BookMyShow for tickets booked on Saturday

Learn extra about HSBC Visa Platinum Credit score Card | Test Eligibility for Comparable Credit score Playing cards

Who ought to get this card?

HSBC Visa Platinum Credit score Card is likely one of the greatest bank cards with no annual charge that’s appropriate for you if you wish to begin your credit score journey. This entry-level bank card is loaded with quite a few advantages like free vouchers, complimentary memberships, rewards, cashback, low cost on film tickets and way more. The very best half about this card is that it supplies a sign-up bonus of over Rs. 2,000 with none becoming a member of charge, which is first rate as in comparison with different lifetime free bank cards obtainable available in the market. Total, you possibly can apply for this card in case you are searching for an entry-level bank card and don’t need to pay an annual charge.

4. IDFC First Millennia Credit score Card

Finest Lifetime Free Credit score Card for Reward Factors

IDFC FIRST Millennia Credit score Card is greatest fitted to individuals who spend rather a lot, this bank card from IDFC First Financial institution gives 6-times extra rewards on on-line purchasing as much as a sure month-to-month milestone. The earned reward factors by no means expire so you possibly can accumulate rewards and redeem them for vital advantages.

Key Highlights

3X rewards on offline spends as much as Rs. 20,000 per 30 days
6X rewards on on-line spends as much as Rs. 20,000 per 30 days
On spends after reaching Rs. 20,000 milestone, get 10-times extra rewards throughout all classes
Spend Rs. 50,000 inside 90 days of card activation to get Rs. 500 welcome profit
5% cashback on transaction worth of EMI created inside 90 days (Max. cashback Rs. 1,000)
25% low cost on film tickets booked through Paytm cell app (As much as Rs. 100)

Learn IDFC FIRST Millennia Credit score Card  | Test Eligibility for Comparable Credit score Playing cards

Who ought to get this card?

IDFC FIRST Millennia Credit score Card is an acceptable possibility in case you are searching for a lifetime free bank card that comes with rewards charge. With this card, you possibly can earn as much as 10X reward factors on choose purchases. Additionally, you possibly can earn higher reward factors should you regularly store on-line. The general rewards charge of this bank card is 3%, which is nice as in comparison with different zero annual charge bank cards. Additionally, this bank card works on an incremental mannequin, which principally means, the extra you spend the extra you earn. Typically, you possibly can apply for this bank card should you regularly store on-line and are searching for a card that provides good worth again within the type of rewards.

5. ICICI Platinum Chip Credit score Card

Lifetime Free Credit score Card with Fundamental Options

ICICI Platinum Chip Credit score Card is suited to the wants of those that are new to credit score and desire a fundamental card just for constructing credit score rating. This is likely one of the greatest bank card with no annual charge.

Key Highlights

1 reward level per Rs. 100 spent on utilities and insurance coverage
2 reward factors per Rs. 100 throughout all different classes besides gasoline
Redeem your rewards towards vouchers or merchandise from the ICICI Rewards Catalogue
1% gasoline surcharge waiver at HPCL pumps for transactions as much as Rs. 4,000
As much as 15% off on eating at 2,500 associate eating places

Finest Rewards Credit score Playing cards in India | Test Eligibility for Comparable Credit score Playing cards

Who ought to get this card?

ICICI Platinum Chip Credit score Card is a fundamental bank card that provides reward factors on each transaction. Nonetheless, it’s extra appropriate for retail purchases because it gives higher rewards on the mentioned class. Other than rewards, this bank card additionally gives some fundamental advantages, reminiscent of eating low cost, gasoline surcharge waiver, vouchers and extra. This bank card doesn’t have a lot to supply aside from rewards. There are different rewards bank cards obtainable available in the market that include a greater rewards charge. You’ll be able to apply for this bank card with zero annual charge if you wish to begin your credit score journey and are searching for a fundamental credit score.

6. Dhanlaxmi Financial institution Platinum Credit score Card

Finest Lifetime Free Credit score Card for Grocery store Spends

Aside from ICICI Amazon Pay Card, Dhanlaxmi Financial institution Platinum Credit score Card is the one lifetime free bank card providing cashback profit. It focuses on a really sensible class, that’s, grocery store and departmental retailer purchases which is an everyday expenditure for most individuals.

Key Highlights

5% cashback on grocery store and departmental retailer purchases
Platinum privileges throughout totally different classes
Complimentary insurance coverage cowl
International help for emergencies

Finest Cashback Credit score Playing cards in India | Test Eligibility for Comparable Credit score Playing cards

Who ought to get this card?

IDFC FIRST Choose Credit score Card is likely one of the greatest zero annual charge bank cards that provide first rate rewards throughout all classes. Nonetheless, you possibly can earn higher reward factors should you regularly store on-line because it gives 6X rewards on on-line purchasing and 3X on offline purchases. You’ll be able to apply for this bank card should you don’t put massive bills in your bank card and are extra inclined in the direction of rewards as an alternative of cashback. Nonetheless, in case you are searching for a card that provides advantages on a particular class, then this won’t be the perfect possibility for you.

FAQs

Q. What are some lifetime free bank cards with lounge entry?

A. HSBC Visa Platinum Credit score Card and IDFC FIRST Choose Credit score Card are some lifetime free bank cards with lounge entry, that provide 3 complimentary airport lounge entry at home & worldwide lounges and 4 complimentary home airport lounge visits per quarter, respectively. IDFC Millennia Credit score Card additionally provide entry to railway lounges for 4 visits per quarter.

Q. Which banks provide lifetime free bank cards?

A. Well-liked card issuers in India reminiscent of ICICI Financial institution, IDFC FIRST Financial institution, HSBC Financial institution, and so on, provide lifetime free bank cards presently. Another issuers may additionally run lifetime free bank card gives every now and then. It’s essential to observe the issuers’s web site for up to date particulars to get one such card.

Q. Are lifetime free bank card actually free?

A. A lifetime free bank card doesn’t cost any becoming a member of or annual charge ever. Nonetheless, expenses like late cost charge, money advance charge, curiosity, and so on. might be relevant relying on how you employ the cardboard.

Q. I used to be advised that my card is free however why is the annual charge charged now?

A. It is very important get readability on which expenses are free. On this case, it appears the issuer has waived off the becoming a member of charge however second 12 months onwards, annual/renewal expenses might be relevant. Some playing cards even have the situation that use sure facility inside a specified interval, say the primary 90 days, to make the cardboard lifetime free. If you get a free bank card provide, learn the phrases and circumstances intimately to make sure that the cardboard carries no expenses by any means.

Q. How can I waive my bank card annual charge?

A. Totally different bank cards include totally different circumstances for annual charge waiver. Normally, it’s important to attain a specific spending milestone inside a specified time interval, say 1 12 months, to get the annual charge reversed/waived off.

Q. What occurs if I don’t pay the invoice on my lifetime free bank card?

A. If you don’t pay the invoice by the due date, you’ll have to incur late cost expenses in addition to finance expenses (curiosity). The speed varies from card to card. Additionally, when you have got an unpaid steadiness in your bank card account, the interest-free interval additionally stands cancelled which implies all new transactions will even appeal to finance expenses from the primary day.

Q. Why ought to I get a bank card with an annual charge when lifetime free bank cards can be found?

A. Lifetime free bank cards principally include fundamental options and a low rewards charge. Alternatively, there are playing cards that cost annual charge however deal with a number of classes and have a greater reward/cashback construction. It is very important weigh the annual charge with the general worth of the advantages supplied to see whether or not the charge is justified. If the worth of advantages surpasses the annual charge by a large margin, it’s value making use of for.