So, you’re on the hunt for the best rupee credit card in India for 2024, huh? With a plethora of options available, it can be quite a task to choose the right one. But don’t worry, we’ve got you covered. In this article, we’ll dive deep into the top RuPay credit cards available in India, scrutinising their features, fees, and eligibility criteria. By the end, you’ll have a clear picture of which card suits your needs the best.
Table of Contents
| Rupee Credit Card | Annual Fee | Key Feature |
|---|---|---|
| HDFC Bank UPI RuPay Credit Card | Rs. 99 | 3% CashPoints on PayZapp transactions, groceries, supermarket, and dining spends |
| Myntra Kotak RuPay Credit Card | Rs. 500 | Instant discount of 7.5% on each transaction at Myntra |
| HDFC MoneyBack+ RuPay Credit Card | Rs. 500 | 10X CashPoints on Flipkart, Amazon, Swiggy, Reliance Smart SuperStore & BigBasket |
| Tata Neu HDFC RuPay Credit Cards | Rs. 499 – Rs. 1,499 | Up to 5% back as NeuCoins on Non-EMI spends on Tata Neu and partner Tata brands, such as Air India, Westside, etc. |
| IRCTC SBI RuPay Platinum Credit Card | Rs. 500 | 10% value back, through reward points, upon booking AC1, AC2, AC3, Executive Chair Car, and Chair Car tickets via IRCTC website or mobile app |
| IndianOil Axis RuPay Credit Card | Rs. 500 | 4% value back on fuel transactions by earning 20 reward points per Rs. 100 spent at any IOCL outlets |
| ICICI HPCL Super Saver RuPay Credit Card | Rs. 500 | 4% cashback of up to Rs. 200 per month on fuel purchases at HPCL pumps |
Why Choose a RuPay Credit Card?
First off, why would you want a rupee credit card? Well, RuPay cards are Indian domestic cards launched by the National Payments Corporation of India (NPCI). They often come with lower transaction fees and are accepted widely nationwide. Plus, they’re perfect for anyone looking to support the Indian economy while enjoying some fantastic perks.
HDFC Bank UPI RuPay Credit Card
Features
The HDFC Bank UPI RuPay Credit Card is a stellar choice for those who frequently use UPI payments. You can link this card to your UPI ID and enjoy seamless transactions.
- UPI Integration: Link your card to your UPI ID for hassle-free payments.
- Rewards: Earn reward points on every transaction.
- Cashback: Attractive cashback offers on online and offline purchases.
- Security: Enhanced security features with tokenisation.
- 3% CashPoints: Earn up to 500 points per month on PayZapp transactions, groceries, supermarket, and dining spends.
- 2% CashPoints: Earn up to 500 points per month on utility spends.
- 1% CashPoints: Earn up to 500 points per month on other purchases, excluding rent, wallet loads, EMI, fuel, and government spends.
- Redemption Rate: 1 CashPoint = Re. 0.25 or 0.25 Airmile.
Annual Fee
The annual fee for this card is ₹500, which is quite reasonable considering the features on offer.
Eligibility
To be eligible for this card, you need to be an Indian resident aged between 21 and 60 years. A good credit score and a stable income are also essential.
Suggested you can read: RBI Credit Cards Rules | Best Credit Card Advisor in Gurugram
Myntra Kotak RuPay Credit Card
Features
If you’re a fashion enthusiast, the Myntra Kotak RuPay Credit Card is perfect for you. It offers exclusive benefits on Myntra and other partnered stores.
- Myntra Offers: Exclusive discounts and cashback on Myntra.
- Reward Points: Earn reward points on all purchases.
- No Cost EMI: Convert big purchases into easy EMIs at no extra cost.
- 5% Cashback: Earn cashback on spends at partner merchants, including Swiggy, Swiggy Instamart, PVR, Cleartrip, and Urban Company.
- Unlimited 1.25% Cashback: Earn cashback on other category spends.
- Instant Discount: Receive a 7.5% discount on every transaction at Myntra.
- Complimentary Membership: Get Myntra Insider Membership at no additional cost.
- Welcome Voucher: Receive a Rs. 500 Myntra voucher upon completing the first transaction worth Rs. 500 or more within 30 days of card issuance.
- PVR Tickets: Get 2 complimentary PVR tickets every quarter by spending Rs. 50,000 or more in a quarter.
- Lounge Access: Enjoy 1 complimentary domestic lounge access per quarter.
Annual Fee
This card comes with an annual fee of ₹499, which is waived off if you spend over ₹50,000 annually.
Eligibility
Applicants should be between 21 and 65 years old, with a stable income and a decent credit history.
Suggested you can read: RBI Credit Cards Rules | Best Credit Card Advisor in Gurugram
HDFC MoneyBack+ RuPay Credit Card
Features
The HDFC MoneyBack+ RuPay Credit Card is designed for those who love to shop and get rewarded for it.
- Cashback: Up to 5% cashback on all online spending.
- Reward Points: Earn 2X reward points on grocery and utility payments.
- Fuel Surcharge Waiver: Enjoy a waiver on fuel surcharges.
- Earn 10X CashPoints on purchases from Flipkart, Amazon, Swiggy, Reliance Smart SuperStore, and BigBasket.
- Get 5X CashPoints on EMI spend at participating merchant locations.
- Accumulate 2 CashPoints for every Rs. 150 spent in other categories.
- Receive 500 CashPoints upon payment of the joining and renewal fees.
- Enjoy gift vouchers worth Rs. 500 when you reach quarterly spending of Rs. 50,000 or more.
- Benefit from up to 20% discount at partner restaurants through Swiggy Dineout.
Annual Fee
The annual fee for this card is ₹500, but it’s waived off if you spend more than ₹1 lakh in a year.
Eligibility
To qualify, you must be between 21 and 60 years old with a stable job and a good credit score.
Suggested you can read: RBI Credit Cards Rules | Best Credit Card Advisor in Gurugram
Tata Neu HDFC RuPay Credit Cards
Features
For Tata brand loyalists, the Tata Neu HDFC RuPay Credit Card offers some exciting perks.
- Tata Neu Coins: Earn Tata Neu Coins on every spend, redeemable across Tata brands.
- Exclusive Offers: Get exclusive offers on Tata products and services.
- Travel Benefits: Special travel deals and discounts.
- Get up to 5% back as NeuCoins on non-EMI purchases from Tata Neu and partner Tata brands, including Air India and Westside.
- Earn up to 1.5% back as NeuCoins on non-Tata brand purchases and any EMI transactions.
- Enjoy an additional 5% back as NeuCoins on transactions made through the Tata Neu app or website, after downloading the app and registering for Tata NeuPass.
- Access up to 8 domestic lounges per calendar year (2 per quarter).
- Receive 4 complimentary international lounge accesses per calendar year (1 per quarter) with a RuPay Card.
Annual Fee
This card has an annual fee of ₹499, which is quite nominal given the benefits.
Eligibility
Applicants need to be Indian residents aged between 21 and 65 years with a stable income and a good credit score.
Suggested you can read: RBI Credit Cards Rules | Best Credit Card Advisor in Gurugram
IRCTC SBI RuPay Platinum Credit Card
Features
If you’re a frequent traveller on Indian Railways, the IRCTC SBI RuPay Platinum Credit Card is a fantastic choice.
- Railway Ticket Discounts: Get discounts on booking railway tickets.
- Reward Points: Earn reward points on all transactions.
- Fuel Surcharge Waiver: Enjoy fuel surcharge waivers at petrol pumps.
- Earn 350 bonus reward points on a single transaction of Rs. 500 or more within 45 days of card issuance.
- Receive 10% value back in reward points when booking AC1, AC2, AC3, Executive Chair Car, and Chair Car tickets via the IRCTC website or mobile app.
- Enjoy a 1% transaction fee waiver on railway ticket bookings through IRCTC.
- Accumulate 1 reward point for every Rs. 125 spent on non-fuel retail purchases.
- Benefit from 4 complimentary railway lounge accesses each year.
Annual Fee
The annual fee is ₹500, but you can get it waived off by spending ₹2 lakh in a year.
Eligibility
To be eligible, you must be between 18 and 65 years old with a stable income and a good credit score.
Suggested you can read: RBI Credit Cards Rules | Best Credit Card Advisor in Gurugram
IndianOil Axis RuPay Credit Card
Features
The IndianOil Axis RuPay Credit Card is tailored for those who spend a lot on fuel.
- Fuel Points: Earn fuel points on every fuel purchase at IndianOil outlets.
- Cashback: Get cashback on fuel purchases.
- Reward Points: Earn reward points on all other spends.
- Earn 4% value back on fuel purchases with 20 reward points per Rs. 100 spent at any IOCL outlets.
- Get 1% value back with 5 reward points per Rs. 100 spent on online shopping.
- Accumulate 1 EDGE reward point for every Rs. 100 spent on other categories.
- Receive EDGE reward points worth up to Rs. 250, equivalent to the value of your first fuel spend made within 30 days of card issuance.
- Enjoy a 1% fuel surcharge waiver on transactions ranging from Rs. 400 to Rs. 4,000 per month.
- Save 10% on movie ticket bookings through the BookMyShow app or website.
Annual Fee
The annual fee for this card is ₹500, waived if you spend ₹30,000 annually.
Eligibility
You should be between 21 and 60 years old, with a stable income and a decent credit score.
Suggested you can read: RBI Credit Cards Rules | Best Credit Card Advisor in Gurugram
ICICI HPCL Super Saver RuPay Credit Card
Features
For those who often find themselves at HPCL petrol stations, the ICICI HPCL Super Saver RuPay Credit Card is a great fit.
- Fuel Surcharge Waiver: Enjoy a surcharge waiver on fuel purchases at HPCL outlets.
- Reward Points: Earn reward points on all transactions.
- Cashback: Get cashback on fuel and non-fuel purchases.
- Earn 2,000 reward points when you spend at least Rs. 5,000 within 45 days of card issuance.
- Get Rs. 100 cashback on a recharge transaction of Rs. 1,000 or more through the HP Pay app.
- Receive 4% cashback, up to Rs. 200 per month, on fuel purchases at HPCL pumps.
- Enjoy 5% back in reward points on grocery, departmental store, and utility bill expenses.
- Accumulate 2 reward points for every Rs. 100 spent on retail purchases.
- Gain an additional 1.5% savings with 6 reward points per Rs. 100 spent on fuel at HPCL outlets when paying via the HP Pay app.
- Benefit from 1% cashback on the fuel surcharge for all fuel purchases up to Rs. 4,000.
- Avail 25% off when booking at least 2 movie tickets through BookMyShow or INOX.
- Receive 1 complimentary domestic airport lounge access per quarter when you spend Rs. 5,000 in the previous calendar quarter.
Annual Fee
This card has an annual fee of ₹500, which is waived if you spend ₹50,000 in a year.
Eligibility
To be eligible, you need to be between 21 and 60 years old with a stable income and a good credit score.
Suggested you can read: RBI Credit Cards Rules | Best Credit Card Advisor in Gurugram
What is a RuPay Credit Card?
RuPay, an Indian domestic card scheme, was launched by the National Payments Corporation of India (NPCI). It’s designed to fulfil the Reserve Bank of India’s vision of a domestic, open, and multilateral system of payments. In simpler terms, it’s a home-grown alternative to Visa and Mastercard, offering similar functionalities but with added perks for Indian users.
Benefits of Using RuPay Credit Cards
So, why choose RuPay over other options? Here are some benefits:
- Localised Benefits: Tailored for Indian customers, often with lower transaction fees.
- Security: Enhanced security features tailored to Indian regulatory standards.
- Acceptance: Widely accepted across India, with an increasing global presence.
- Government Incentives: Often linked with government schemes, offering extra perks.
Comparison of the Best Rupee Credit Cards
Here’s a table summarising the detailed comparison and key features of the popular RuPay credit cards:
| Credit Card | Description | Key Features |
|---|---|---|
| HDFC Bank UPI RuPay Credit Card | The HDFC Bank UPI RuPay Credit Card is designed for seamless integration with the UPI payment system. This card is perfect for those who rely heavily on digital transactions. | – Seamless UPI Integration: Easily link with UPI for quick transactions. – Rewards Program: Earn points on every spend, redeemable for various rewards. – Low Fees: Competitive interest rates and low annual fees. |
| Myntra Kotak RuPay Credit Card | If you’re a fashion enthusiast, the Myntra Kotak RuPay Credit Card is tailored for you. With exclusive offers on Myntra and other lifestyle benefits, it’s a card that makes shopping a joy. | – Myntra Exclusives: Special discounts and offers on Myntra. – Lifestyle Benefits: Additional perks at various lifestyle outlets. – Rewards: Points on every purchase, redeemable across Kotak’s rewards program. |
| HDFC MoneyBack+ RuPay Credit Card | The HDFC MoneyBack+ RuPay Credit Card is a favourite among cashback lovers. Every purchase brings you rewards, making it an excellent choice for everyday spending. | – Cashback on All Purchases: Earn cashback on every transaction. – Low Fees: Minimal annual and joining fees. – Easy Redemption: Redeem points easily through HDFC’s platform. |
| Tata Neu HDFC RuPay Credit Card | The Tata Neu HDFC RuPay Credit Card combines the trust of Tata with the benefits of HDFC. It’s a card that caters to a variety of needs, from shopping to travel. | – Comprehensive Benefits: From shopping to travel, a wide range of perks. – Tata Brand Trust: Backed by the reliable Tata brand. – Rewards: Earn points on all spends, redeemable across Tata and HDFC platforms. |
| IRCTC SBI RuPay Platinum Credit Card | For frequent travellers, especially those who prefer trains, the IRCTC SBI RuPay Platinum Credit Card offers exclusive benefits on railway bookings, along with other travel perks. | – Travel Benefits: Special offers on train bookings. – Rewards: Points on every spend, particularly on travel. – Low Fees: Competitive fees and interest rates. |
| IndianOil Axis RuPay Credit Card | If you find yourself at the petrol pump often, the IndianOil Axis RuPay Credit Card can help you save on fuel. It’s designed to offer maximum benefits for fuel purchases. | – Fuel Savings: Discounts and cashback on fuel purchases. – Rewards Program: Earn points on all spends, with a focus on fuel. – Low Fees: Minimal fees, making it cost-effective. |
| ICICI HPCL Super Saver RuPay Credit Card | Similar to the IndianOil card, the ICICI HPCL Super Saver RuPay Credit Card is all about fuel savings, but with added benefits for other types of spending too. | – Fuel Benefits: Significant savings on fuel purchases. – Comprehensive Rewards: Points on various types of spending. – Low Fees: Affordable fees and competitive interest rates. |
This table offers a quick reference to the detailed benefits and features of each card.
Conclusion
Choosing the best rupee credit card in India for 2024 boils down to understanding your needs and spending habits. Whether you’re looking for travel benefits, fuel savings, or cashback on shopping, there’s a RuPay credit card out there for you. By considering the features, fees, and eligibility criteria, you can select the card that best aligns with your lifestyle and financial goals.
FAQs
What is the main benefit of using a RuPay credit card?
RuPay credit cards often come with lower transaction fees and better rewards for domestic use.
Can I use RuPay credit cards internationally?
Some RuPay credit cards can be used internationally, but it’s best to check with your card issuer.
How can I avoid the annual fee on my RuPay credit card?
Most cards waive the annual fee if you meet specific spending criteria within a year.
Are RuPay credit cards secure?
Yes, RuPay credit cards come with enhanced security features such as tokenisation.
Can I link my RuPay credit card to UPI?
Yes, many RuPay credit cards, like the HDFC Bank UPI RuPay Credit Card, allow you to link them to your UPI ID for seamless payments.
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