No matter how much money one makes, everyone likes things that are free. And just think about how that could be even better. You could get more benefits by using them. Before you shun this like a bizarre idea, let us tell you that a lifetime free credit card offers this too-real-to-be-true deal.

Most credit cards providers charge their customers a fee when they take a credit card (Joining Fee) and also a fee for renewing the services offered by that credit card every year (Annual Fee). Luckily, lifetime free credit cards did not get the memo. You can get all the benefits of these cards without having to pay these charges.

As responsible adults, if we have learned something related to money, it is that we need to dig deeper before we get ourselves into anything. Let’s weigh all aspects of taking a  lifetime free credit card carefully-

Why You Should Get Lifetime Free Credit Card

→ Line Of Credit

Any line of credit that you take is going to cost you something. In the case of a credit card, if you are cautious and diligent enough you can save on that. By carefully timing the billing cycle of your lifetime free credit card, you can make the most out of the interest-free period offered by credit cards.

→ Reap Rewards

The best part of using a credit card has to be the fact that they offer loads of discounts and offers. These benefits help us in saving in almost every sphere of our life. With lifetime free credit cards, you get all these benefits, without having to pay the charges.

→ Break Down Expenses

A lifetime free credit card will allow you to break down your large expenses into smaller EMIs. This way, your bigger expenditures fit into your budget. Your wallet will thank you for the breather. Also, when you make larger spends on your credit card, you will accumulate greater rewards and redeem them for even more free stuff.

→ Build Credit

Anyone looking for a loan in their life would understand the importance of their credit report. Credit cards are a great way of building credit. A lifetime free credit card presents the opportunity to build your credit, for free. Stay a little heedful with one and see your credit score go green.

Things To Watch Out For In A Lifetime Free Credit Card

→ Chargeable Upgrades

Some lifetime free credit cards have the policy to upgrade the services from time to time. These upgrades may or may not be compulsory. And also chargeable. Before you go for a lifetime free credit card, look for these charges in your agreements and sign only after you are sure you are okay with it.

→ Changing Terms

It is true that lifetime free credit cards offer a variety of benefits including rewards, discounts and premium benefits. Having said that, this affair might not actually last for a lifetime. The credit card provider may change the terms or benefits offered on the credit card after some time. Watch out for the fine print before you agree to it.

→ Discontinuation

Sometimes, when the credit card providers start incurring a loss on a lifetime free credit card, they may choose to discontinue it. In such a case, the benefits you were getting from the card will also go away. Also, you should clear the providers’ policies on how to close the card in such a situation.

→ The Asterisk

How often we see a wonderful offer followed by a teeny tiny asterisk over it? Almost 100% of them. Some might choose to ignore it, but this seemingly harmless asterisk might hide a lot of expenses. Also, there are hidden charges and conditions on attached benefits that you might miss and fall prey to a reward less credit card. Again, pay attention to the fine print.

Our Top Picks For Lifetime Free Credit Cards

Below is a list of credit cards that you can get lifetime free if you get it from IndiaLends:

So now that we have everything on the table, it is up to you to decide whether or not you would be interested in a no annual fee credit card. Don’t forget to go through the things you should keep in mind before you take a credit card. If you have any questions regarding lifetime free credit cards, then feel free to ask in the comments section.
To avail the best credit card offers, download the IndiaLends app which provides you with a customized list of credit cards that you are eligible for and makes the application process seem like a child’s play.