The Top Credit Cards for First-Time Credit Cardholders

Every bank offers a range of credit cards to its customers which comes with a variety of features and benefits for the cardholder. Some of its most common features are the reward points it offers and cashback benefits. Keeping the benefits of the credit card in mind, it is important to do some research if you are applying for a card for the first time.

Here are some of the top cards for you as a first-time credit cardholder.

ICICI Instant Platinum Credit Card:

This card is specially curated for the people who do not have a credit score or have a low credit score. It is apt for students, non-working spouses or for the people who are not salaried.
Applying for this card is easier if you hold a fixed deposit account with the bank. The card has no annual fee to be paid.

The features and benefits of the ICICI Instant Platinum credit card are:

  • Earn 2 repayment points for every Rs.100 spent.
  • Avail up to 15% discounts at over 800 restaurants across the country under the Culinary Treats Program.
  • Enjoy Rs.100 off on up to 2 movie tickets per month.
  • Spend at least Rs.4,000 on fuel at HPCL and get the 1% surcharge waived.
  • Open fixed deposits against your card and earn interest.

Standard Chartered Platinum Rewards Card

This card is best suited for people who are salaried employees working for the private or Government sector. The Platinum Rewards card does not have any annual fee or joining fee. It is among the top credit cards offered by the bank and is suited for the people who wish to become first-time cardholders.

The benefits and features of the Platinum Rewards Card are:

  • Earn 5x reward points for every Rs.150 spent on fuel or dining.
  • Enjoy 1x reward points on every Rs.150 spent on other categories.
  • Get a variety of offers on travel, dining and, shopping.

Citibank Cashback Credit Card

This card is specially curated for the people who make most of their payments and carry out other transactions online. With the Cashback credit card, you can earn points on online transactions and benefit from offers on movie tickets, bill payments, shopping and dining.

The annual fee of the card is Rs.500 and it is very important to have a good credit history for approval.

The benefits of the Citibank Cashback credit card are:

  • You get up to 5% cashback on every transaction made to purchase movie tickets.
  • 5% cashback is given for telephone bill payments and utility bill payments made online.
  • On any other spend, 0.5% cashback is rewarded.
  • Get exclusive offers on shopping and dining.

Standard Chartered Manhattan Credit Card

This card has an annual fee of Rs.999 and gives 5% cashback on grocery expenses.
Supermarkets like Big Bazaar, More, Spencers, etc., are not included under the cashback offer, however, if you make most of your purchases online, you are entitled to a 5% cashback.

The benefits of the Standard Chartered Manhattan credit card are:

  • 5% cashback on purchases made at supermarkets or departmental stores. The maximum cashback offered is Rs.500 per month.
  • On all other expenses, 3X reward points will be given.
  • Avail a wide range of discounts and offers on select lifestyle stores and hotels.
  • Get BookMyShow vouchers worth Rs.2,000 on your first transaction made within 3 months of card issuance.

HDFC Platinum Plus Credit Card

This card offers a wide range of benefits especially on fuel transactions by waiving the fuel surcharge and redeeming reward points for fuel payments. The Platinum Plus card comes with no annual fees and with the provision of 3 supplementary credit cards for spouses, children or other family members.

The benefits of the HDFC Platinum Plus credit card are:

  • You will receive 2 reward points on every Rs.150 spent.
  • The fuel surcharge of 2.5% is waived off.
  • Interest-free purchases extends up to 50 days from the purchase date.

IndianOil Titanium Citibank Credit Card

The card is among the most preferred credit cards for people who use their cars or bikes frequently. This card is also beneficial if you need to refuel your car or bike at least twice a month.
By having the Indian Oil credit card, you can get benefits with every purchase made for petrol or diesel at any Indian Oil petrol pump in the country. There is an annual fee of Rs.1,000 on the card, however, if you spend over Rs.30,000 per year, the fee is waived.

The benefits of the Indian Oil Titanium Citibank card are:

  • 4 Turbo Points given on Rs.150 of fuel purchases at authorized IndianOil Retail Outlets across the country.
  • Get 2 Turbo Points on spending Rs.150 at grocery and supermarkets.
  • 1 Turbo Point is added on purchases of Rs.150 on shopping, dining and more.

HDFC Bharat Cashback Credit Card

This card has multiple benefits of cashback as well as fuel surcharge. It also offers cashback on train tickets through IRCTC and other bill payments.

The annual fee for the card is Rs.500 which will be reversed if your annual spend is Rs.20,000.

The benefits of the HDFC Bharat Cashback card are:

  • 5% cashback on fuel transactions, train bookings and, bill payments.
  • Avail cashback of 5% on transactions made on EasyEMI, smartBUY and Payzap.
  • Fuel surcharge waived up to Rs.250 per billing cycle.

SBI Simply Click Credit Card

The card is curated and suited for people who do a lot of shopping online. If you have a salary account with the State Bank of India and/or a good credit history, getting this card approved is easier.
The annual fee of the SBI Simply Click card is Rs.499 and is waived off if the annual expenditure on the card exceeds Rs.1 lakh. The State Bank of India, being a major bank in the country has tied up with many retail stores and online portals to offer a range of discounts. They offer the Shop-and-Smile program to all eligible SBI credit card holders providing opportunities to earn rewards for every purchase transaction. Also, you can redeem your SBI credit card reward points easily through online.

The benefits of this card are:

  • Get an Amazon voucher of Rs.500 on joining.
  • Earn 10X points on any online transaction on Amazon, Cleartrip, Lenskart, Foodpanda, Bookmyshow, etc.
  • Earn 5X points for transactions made on any other shopping portal.
  • A voucher worth Rs.2,000 is given from Cleartrip if you spend Rs.1 lakh annually.
  • 1% fuel surcharge is waived off for fuel transactions ranging between Rs.500 and Rs.3,000.

These are some of the credit cards first-time cardholders can opt from. It is, however, important to know the terms and conditions surrounding each card and the benefits in detail. It is advised to visit the website to know more.

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