A Credit Card is one of the readily available and popular financial instruments, which offers the freedom of making purchases and paying bills, without having to pay upfront. Moreover, these cards offer a wide array of benefits, in the form of reward points, flyer miles, additional discounts, and brand-specific offers.
However, if you want some additional lifestyle benefits from your card, your best bet is to invest in the Best Premium Credit Card in India. Not only do such cards offer benefits that are above and beyond those offered by regular cards, such as Lounge Access at Airports, but also entitle you to exciting redemption alternatives which can help enhance the quality of your lifestyle!
Let us take a quick look at some of the leading premium credit cards available in India:
SBI Card ELITE
One of the most sought after SBI Credit Cards, the SBI Card Elite has been meticulously drafted to offer premium privileges on categories such as entertainment, fine dining, travelling and high-end shopping with dedicated offers of lifestyle brands such as Marks & Spencer, Shopper Stop, etc. Some of the noteworthy features of this card are –
- Welcome Bonus – Gift voucher worth Rs. 5,000, from popular brands
- 10 points for every Rs. 100 spent towards dining, movies, department stores, and groceries
- 2 points for every Rs. 100 spent on other retail spends
- An incredibly low mark-up of 1.99% on international transactions
- Free movie tickets worth Rs.6,000 every year
- Bonus reward points of up to 50,000 per year
- Free access to 6 international and 2 domestic airport lounges every year
- Complimentary membership to Club Vistara
- Complimentary membership to Trident Privilege Program
- Rewards Redemption – Use your reward points to pay your outstanding amount, wherein 4 Reward Points equal Re. 1.
This card can be purchased for a fee of Rs. 4,999. If the total spending on the card exceeds Rs, 10 lakh in the previous year, you can enjoy a waiver on the renewal fee of Rs. 4,999.
Air India SBI Signature Card
Yet another SBI Credit Card, the Air India SBI Signature Card has been designed to suit the needs of customers who travel frequently. Some of the remarkable features of this card include –
- Welcome Bonus – 20,000 Reward Points
- Complimentary membership to the Air India Frequent Flyer Programme – Flying Returns
- Earn 30 points for every Rs. 100 spent on the purchase of Air India tickets
- Earn 4 points for every Rs. 100 spent using the card for other purposes
- Free access to VISA lounges across India, for up to 8 times
- Complimentary Priority Pass membership
- Access to international Airport lounges
- Opportunity to earn up to 1,00,000 bonus reward bonus points per year
- Rewards Redemption – You can conveniently convert the Reward Points to Air India Miles, and use them for enjoying various facilities offered by Air India
You can avail this card for a nominal fee of Rs. 4,999 per year.
HDFC Bank Diners Club Black Card
Designed to offer lifestyle benefits like 24/7 concierge services, golf program, Airport lounge access, the HDFC Bank Diners Club Black Card can prove to be a great pick for you. Some of the noteworthy aspects of this card include –
- Welcome Bonus – 10,000 reward points.
- Earn 5 Reward Points for every Rs. 150 retail spends
- Earn 10 x Reward Points for every Rs. 150 spent on select retail partners
- Unlimited complimentary access to over 700 domestic and international airport lounges
- Complimentary concierge services for enhanced convenience
- Up to 24 complimentary golf games on domestic and international golf courses in a year
- Air accident cover of up to Rs. 2 Crores
- Emergency medical expenses cover of up to Rs.50 lakhs
- Rewards Redemption – One can easily redeem the reward points for hotel bookings, air tickets, Air Miles, KrisFlyer Miles, Avios, JP Miles, wherein 1 Reward Point equals Rs. 1
You can enjoy the privileges of this card for a Joining Fee of Rs. 10,000, and a renewal fee of Rs. 5,000. The renewal fee is waived off when the total spending on the card in the previous year exceeds Rs. 5 lakh.
American Express Membership Rewards Credit Card
This premium Credit Card from American Express offers some unique benefits such as free supplementary cards, and a reward redemption option, wherein you can swap your points for the 18 and 24 karat gold collection.
- Welcome Bonus – 4,000 bonus membership reward points on spending Rs. 2,000 in the first 60 days of the card issuance. Additional 2,000 membership reward points on spends of Rs. 25,000 within 90 days
- Earn 1,000 membership reward points for every 4 transactions worth Rs. 1,000 or more within a month
- Earn 1membership reward point on every Rs. 50 spent
- Special benefits on travel bookings through MakeMyTrip.com
- Enjoy zero lost card liability, and 24-hours card related assistance.
- Rewards Redemption – You can conveniently redeem your Rewards Points for American Express’ 24 and 18 karat gold collection.
To avail this card, you will be required to pay a joining fee of Rs. 1,000 plus taxes, while a renewal fee of Rs. 4,500 plus taxes every year. Enjoy a bonus of 5,000 Membership Rewards Points on the first renewal of the card.
We hope that you now have a fair idea on the most valuable and Best Premium Credit Cards in India. So, what are you waiting for? Apply for a card that best complements your lifestyle and enjoy the numerous benefits that it entails!