Basic Credit Cards

A basic credit card comes with no special characteristics or benefits and no annual fee. The features of basic credit cards in all financial institutions remain the same. The credit limit of these types of cards depends on the creditworthiness of the cardholders. It varies from one user to another.

It is the best credit card for those who are new to use credit cards. The terms and conditions stay transparent. They do not come with minimum spend criteria or do not offer privileges like the other advanced cards. Prospective cardholders with a small credit history may consider qualifying for a basic credit card easier.

Here are some of the best basic Credit cards:

1. SBI SimplyClick credit card

If you are new to credit cards with spends around 1 Lakh a year, SBI SimplyClick is worth taking. You get a 1.25% return on all online spending and 2.5% with select merchants like Amazon.

Reward Rate: 1.25% – 2.5%

Joining Fee: Rs.499+GST

Main features of SBI SimplyClick credit card

  • Avail of Amazon gift card worth Rs. 500 as joining benefits
  • Get an e-voucher worth Rs. 2,000 on annual spending of Rs. 1 Lakh
  • Earn 1 Reward Point for every Rs. 100 spent on the card
  • Accelerate your rewards times on online shopping
  • Earn 10-times more rewards when shopping online with partners like BookMyShow, Amazon, UrbanClap, Foodpanda, and Lenskart
  • 1% fuel surcharge waiver for transactions worth Rs. 500 to Rs. 3,000
  • Spend Rs. 1 Lakh in a year and get the annual fee reversed

2. Citi Bank Cashback Credit Card

The Citi Bank Cashback Credit card is known for offering cashback on each of the transactions.

Annual fee- INR 500

Joining fee- NIL

Main features of Citi Bank Cashback Credit Card

  • Get a welcome gift of 4000 bonus Membership Reward Points
  • Get 1000 bonus Membership Reward Points on the first four transactions of INR 1000
  • Get one reward point for every INR 50 spent excluding any of the payments done for fuel, utilities, cash advance, and insurance.
  • Get 20% off for dining at partner restaurants.
  • Get 5000 reward points upon renewing the card for the second year.

3. American Express Membership Reward Credit Card

American Express Membership Rewards® Credit Card offers great rewards to its user. It is the perfect example of why American Express Cards are the most sought after

Annual Fee- Rs 1000

Renewal Fee- Rs 4500( Waived off on spending annual 1.5 Lakhs)

Features of American Express Membership Reward Credit Card

  • Get a welcome gift of 4000 bonus Membership Reward Points
  • Get 1000 bonus Membership Reward Points on first four transactions of INR 1000
  • Get one reward point for every INR 50 spent excluding any of the payment done for fuel, utilities, cash advance, and insurance.
  • Get 20% off for dining at partner restaurants.
  • Get 5000 reward points upon renewing the card for the second year.

4. Standard Charted Super Value Titanium Credit Card

Online you find many credit cards that are offering cashback on travel and shopping, only a few do so for fuel spends. It is one of those cards.

Joining Fee- 750 INR

Annual fee- 750 INR

Features of Standard Charted Super Value Titanium Credit Card

  • Enjoy 5% cashback on the payments of utility bills, phone recharges and fuel spend.
  • On all other expenditures, earn one reward point on each spent of INR 150.
  • Avail of exclusive offers under Standard Chartered Good Life Program.
  • Get add-on credit cards free of cost

5. HDFC Regalia Credit Card

If someone who is looking forward to using a credit card for spending in all areas, and at the same time, would like to be rewarded also for the same, then apply for HDFC Regalia Credit Card.

Annual Fee- Rs 2500

Renewal Fee- Rs.2,500 + taxes (waived if you spend Rs.3 lakh in one year)

Features of HDFC Regalia Credit Card

  • Earn up to 2500 reward points on joining and at the time of paying the renewal fee.
  • Earn 12 passes for complimentary lounge access
  • Earn 4 reward points on each 150 spent
  • Get emergencies overseas hospitalization and accidental cover
  • Multiple ways to redeem your reward point

6. YES Prosperity Rewards Credit Card

If you are a shopaholic, it would be the best credit card for you. There is no hassle of documentation or lengthy application procedure. It is a complete value-for-money credit card.

It is a Lifetime Free Credit Card!

Features of YES Prosperity Rewards Credit Card

  • Earn 12,000 Bonus Reward Points on achieving spends of INR 3.6 Lakhs or more in each anniversary year.
  • Avail great offers across travel, dining, shopping, wellness and more, in select cities.
  • 6 Reward Points per INR 200 on Grocery Stores & Supermarkets
  • 4 Reward Points per INR 200 on other categories
  • 500 Reward Points on each YES PayNow registration

Basic Credit cards are a great way for people with limited credit or bad credit to establish and improve their credit standing (including students and immigrants).

Apply now!