34 Credit Cards with No Annual Fees in India & How to Avoid the Fees
|Bank Name||Credit Card Name||Annual Fee – Second Year Onwards (In INR)|
|Kotak Bank||Best Price Card||NIL|
|Kotak Bank||Easy Day||NIL|
|ICICI Bank||Instant Platinum||NIL|
|ICICI Bank||Platinum Chip||99|
|ICICI Bank||HPCL Coral American Express||199 + Service Tax|
|ICICI Bank||HPCL Coral||199 + Service Tax|
|ICICI Bank||HPCL Platinum||199 + Service Tax|
|ICICI Bank||Jet Airways ICICI Bank Coral Credit Card||1250|
|ICICI Bank||Jet Airways ICICI Bank Rubyx Credit Card||2500|
|ICICI Bank||Jet Airways ICICI Bank Sapphiro Credit Card||5000|
|Axis Bank||My Wings||200|
|Axis Bank||My Cards||250|
|Axis Bank||My Zone||500|
|Axis Bank||My Business||499|
|Axis Bank||Insta Easy||NIL|
|State Bank of India||SimplySAVE SBI Card||NIL|
|Union Bank of India||VISA International – Classic||NIL|
|Union Bank of India||VISA International – Silver||NIL|
|Union Bank of India||VISA International – Gold||NIL|
|Ratnakar Bank Limited||Golf World Card||NIL|
|Citibank||IndianOil Platinum Card||NIL|
|Standard Chartered||Super Value Titanium||750|
|Standard Chartered||Platinum Rewards||NIL|
|Standard Chartered||Visa Infinite||NIL|
|Standard Chartered||Yatra Platinum||499|
|Standard Chartered||Manhattan Platinum||999|
|Standard Chartered||Inner Circle Platinum||NIL|
|HDFC Bank||MoneyBack Credit Card||NIL (Life Time Free, if applied through bank website)|
|HDFC Bank||All Miles Credit Card||NIL (Life Time Free, if applied through bank website)|
|HDFC Bank||Regalia Credit Card||NIL (Life Time Free, if applied through bank website)|
|HDFC Bank||Diners Premium Credit Card||NIL (Life Time Free, if applied through bank website)|
|HDFC Bank||Diners Rewardz Credit Card||NIL (Life Time Free, if applied through bank website)|
How to avoid annual fee:
- Buy another card with the same bank if money is a concern. But you might lose benefits on your previous card.
- Many companies will waive off your annual fee if you spend certain amount in a year. So get this checked before choosing a card.
- Sometimes it is worth to buy a credit card having an annual fee because of the benefits offered. Most important being the security feature apart from discounts on dining, air travel etc.
- If the lender revises its fee then it is their duty to notify the customers in advance. If they don’t then you have full right to reject it.
This article has been written by Chandra Mehta.
Chandra is a seasoned banker with 35+ years of experience in banking and financial services industry. He’s a retired banker and has served as Chief Manager and Assistant Vice President in State Bank of India/or its subsidiaries.
He has authored many articles on this site (allonmoney.com).