Categories: Credit Card

Best Rewarding Credit Cards in India

What is Credit Card Reward Ponts

Most credit cards give you reward points when you use them. Let us discuss best rewarding credit cards in India.

Generally, Banks or credit card issuing companies offer reward points on purchases at POS. bill payments, and online purchases, etc.

The logic behind reward points is that to encourage customers or card holders for more shopping, dinning, and travel expenditure, etc.

Reward points later can redeem as gift vouchers, coupons, and cashback rewards, etc.

Type of Reward Points

There are deferent methods of providing reward points of every bank and institution.

Every credit card has specific terms and conditions to earn reward point.

Let us now talk about type of reward points available in the deferent categories.

a) Welcome Reward

Most of the credit card provider banks or institutions give welcome reward point while issuing credit card to you.

It is also a type of encouraging tactic to the card holders.

b) Regular Reward

For every Rs.100, you may be rewarded some prefixed reward points by banks or institutions.

The reward point may be from 1 to 10 or so, it is depend on bank to bank or institution to institution.

c) Special Reward

It is applicable when you shop from credit card issuing bank’s partner brands or companies.

There are many more category of reward points which are as follows:

International reward

Bonus reward

High value purchase reward

Loyalty reward, etc.

Now focus on the topic best rewarding credit cards in India.

I have chosen some SBI credit cards which are best rewarding credit cards.

1. SBI PRIME CREDIT CARD

SBI Prime Card
Welcome Gift


You will receive an SMS to choose from e-voucher options within 15 days of annual fees payment.

The e-voucher will be sent to your registered mobile number/e-mail ID, within 5 days of the request
For Bata/ Hush Puppies, Pantaloons, Shoppers Stop, you can redeem your e-Gift Voucher by showing the code at the respective brand store.

For Yatra and Shoppers Stop you can redeem the code online at the time of purchase.

Aditya Birla Retail Voucher can be redeemed at these brand stores – Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, Simon Carter.

Milestone Benefit

Pizza Hut e-Voucher will be sent to your registered mobile number within 15 days of achieving spends of Rs. 50,000.

For Yatra.com/ Pantaloons, you will receive an SMS to choose the e-Gift Voucher option within 10 days of achieving spends of Rs. 5 Lakhs.

Club Vistara Membership


For further details, visit www.clubvistara.com

The offer is valid for Primary Cardholders only

Birthday Benefit

Earn 20 Reward Points per Rs.100 spent on Birthday, one day before and one day after, with a capping of 2,000 Reward Points per year.

Prime Rewards


Earn 2 Reward Points per Rs.100 on all other retail spends except fuel.

Pay your card outstanding with Reward Points. 4 Reward Points = Rs. 1

1% Fuel Surcharge Waiver on transaction amount ranging from Rs.500-Rs.4000 across all petrol pumps. (Govt. Service Tax extra, as applicable).

Maximum Surcharge Waiver of Rs.250 per month, per credit card account.

RPs applicable on Utility SI transactions can be earned for registrations done through SBI Card platforms (Mobile App/Website/Agents) only.

Trident Privilege Membership


10% instant saving on bookings through the hotel website.

Enjoy 10 points for every Rs.100 spent (excluding taxes) during your stay at participating hotels.

For further details, visit www.tridentprivilege.com

The offer is valid for Primary Cardholders only.

Lounge Access

Call at our customer helpline number: 1860 180 1290 or 39020202 ( Prefix Local STD code) to receive your Priority Pass.

For list of lounges visit VisaMastercard/American Express.

Click here to know more about Priority Pass member lounges.

The offer is valid for Primary Cardholders only.

Network Privileges

Mastercard privileges, click here

Visa Signature privileges, click here.

American Express privileges, click here.

These offers are brought to you by Mastercard/Visa/American Express and are governed by their respective T&Cs.

2. APOLLO SBI CREDIT CARD

Apollo SBI Card
Welcome Gift

Reward Points will be credited after 20 days of the payment of joining fee and the same can be redeemed instantly at Select Apollo services. Apollo e-Gift Vouchers or by Apollo Health Credits.

Apollo e-Gift Vouchers Terms and Conditions click here.

OneApollo Gold Tier membership is provided as a Welcome benefit only for the 1st year for all new & existing Apollo SBI Card Holders.

For continuing with the Gold tier membership in the 2nd year, the cardholder has to spend at least Rs. 75,000/- at Apollo Ecosystem during the year (For Apollo Pharmacy, Apollo Sugar & Apollo Clinic the cardholder has to spend a minimum of Rs. 7,500/-).

Failing to make the benchmark spends (Rs. 75000 in Apollo Ecosystem, or Rs. 7500 at Apollo Pharmacy. Apollo Sugar & Apollo Clinic) the cardholder will be downgraded to OneApollo Silver tier membership program.

Features

Welcome Offer

Get 500 Reward Points worth Rs. 500 on payment of joining fee.

Complimentary OneApollo Gold Tier Membership.

Contactless Advantage

Daily purchases now made easy with Apollo SBI card. Simply wave your card at a secure reader to transact.

Fast & convenient: No need to hand over your card or look for cash /coins for everyday small ticket purchases.

Security: The card never leaves your hand during a Contactless transaction, significantly reducing the risk of card loss and fraud due to skimming (counterfeit).

Even if the card is waved multiple times at the reader, the unique security key feature of MasterCard Contactless will ensure that only one transaction goes through, thus making it more secure.

Worldwide Acceptance

Your Apollo SBI Card is an international credit card and can be used at over 24 million outlets worldwide, including 3,25,000 outlets in India.

Use your card to make payments at any outlet that accepts MasterCard.

Add-on Cards

With your Apollo SBI Card, you can empower your family with add-on cards for your parents, spouse, children, or siblings above the age of 18 years.

Utility Bill Payment

Pay your electricity, telephone, mobile and other utility bills using the Easy Bill Pay facility on your Apollo SBI Card

Balance Transfer on EMI

Save money while paying your credit card dues.

Transfer the outstanding balance of other banks’ credit cards to your Apollo SBI Card, and avail a lower rate of interest and pay back in EMIs.

Flexipay

With Flexipay, convert your transactions in easy monthly installments. Make any purchase for Rs. 2,500 or more using your Apollo SBI Card, and log in with your username and password to sbicard.com within 30 days of purchase to convert it into Flexipay.

Click here to learn how to book Flexipay.

Easy Money Facility

With Easy Money, you can get a draft or cheque against your cash limit and get it delivered to your doorstep
Log in with your username and password to sbicard.com to book Easy Money.

3. TATA PLATINUM CARD

The features and benefit can be checked on sbicard.com.

4. PAYTM SBI CARD SELECT

The features and other benefits may be find on sbicard.com.

5. TATA TITANIUM CARD

The features and benefits may be explored at sbicard.com.

To apply SBI card click here.

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