Looking for rewards? Explore THESE 5 credit cards. Check list

If you are looking for a new credit card, it is recommended to secure one that offers a range of benefits, particularly reward points while you use it. These reward points allow the cardholders to redeem them for buying merchandise or services. 

Here we list out five popular cards that offer rewards:

I. IDFC FIRST Classic / Select Credit Card:

• Eligible for individuals with an annual income of ₹3 lakh or more.
• 25% off on movie tickets, 1% fuel surcharge waiver, and over 300+ merchant offers.
• Instant EMI conversion for online transactions above ₹2,500.

Rewards:

• 10X points on incremental spends above ₹20,000 per statement cycle and birthday spends.
• 3X points on spends up to ₹20,000 in a statement cycle.
• 1X points on other spends.

II. Club Vistara SBI Card Prime

• Earn 4 CV points per ₹200 spent.
• CV points can be redeemed for flights on Air Vistara and partner airlines.
• Annual and renewal fee: ₹2,999 + taxes.

III. IndianOil Axis Bank Credit Card

• 1% value back on online shopping (5 reward points per ₹100 spent).
• Eligible for transactions between ₹100 and ₹5,000, with a maximum of ₹5,000 eligible spends per month.
• 4% value back on fuel transactions (20 reward points per ₹100 spent) at IOCL fuel outlets.
• Annual fee waiver on spends above ₹3.5 lakh.

IV. Amazon Pay ICICI Credit Card

• 5X rewards for Prime members, 3X for non-Prime members.
• Rewards are credited as an Amazon Pay balance at the end of the billing cycle.
• No expiry on rewards.

V. Axis Bank Ace Credit Card

• 5% cashback on bill payments (electricity, internet, gas, DTH, and mobile recharges) via Google Pay.
• 4% cashback on Swiggy, Zomato, and Ola.
• 1.5% cashback on all other spends.

Hence, to secure such lucrative credit cards, one must also have a reputable credit score. A clean credit profile and a high credit score help in securing personal loans and premium credit cards seamlessly.

Ways to maintain a high credit score for better loan and card approvals

1. Pay all credit card bills and personal loan EMIs on time.
2. Keep your credit utilisation ratio below 30% for a strong credit score.
3. Avoid multiple hard inquiries and apply for new loans and credit cards only when necessary.
4. Maintain a balanced mix of unsecured and secured credit for better creditworthiness.
5. Consistently check and promptly improve any errors in your credit profile by reaching out to your respective credit bureau.

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Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards, and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks, such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.