When it comes to building a strong financial foundation, a credit card can be a useful tool for new users in India. However, finding the right one can be tricky, especially if you’re new to credit cards. New credit users may not have an extensive credit history, making it important to choose a card that offers easy approval, low fees, and valuable rewards. The best credit cards for new credit users help in building credit while offering perks like cashback, rewards points, and low interest rates.
In this article, we will guide you through some of the best credit cards for new credit users in India. These cards are suitable for beginners and will help you get started on your credit journey.
Best Credit Cards for New Credit Users In India
As a new credit cardholder, it’s important to pick a card that suits your spending habits and allows you to build a strong credit history. Below are some of the best credit cards for new credit users in India that come with simple features and easy approval processes.
HDFC EasyShop Credit Card
The HDFC EasyShop Credit Card is an excellent choice for new credit users in India. It is an entry-level card designed for people with no credit history or limited credit experience. This card comes with several benefits like:
- Cashback on various categories like groceries, fuel, and online shopping.
- Low joining fee with easy approval requirements.
- Access to easy EMI conversion on purchases, making it easier to manage payments.
This is one of the best credit cards for new credit users as it allows them to start building their credit profile while enjoying cashback and other benefits.
ICICI Bank Platinum Credit Card
Another top option for new credit users is the ICICI Bank Platinum Credit Card. It is one of the most popular beginner credit cards in India, offering:
- Cashback on groceries, dining, and fuel purchases.
- Low annual fee for the first year, making it easy to keep the card without incurring high charges.
- Exclusive offers at partner merchants, which can be useful for everyday spending.
The ICICI Bank Platinum Credit Card is perfect for first-time users who want to build their credit while receiving valuable rewards.
Axis Bank Neo Credit Card
For those looking for a simple and rewarding experience, the Axis Bank Neo Credit Card is a great choice. New users can benefit from:
- Instant approval for eligible applicants.
- Rewards points on all purchases, including online and in-store shopping.
- No joining fee for the first year, which is an attractive offer for beginners.
This card is ideal for those who want to earn rewards on every purchase and are new to the world of credit cards.
SBI SimplySAVE Credit Card
The SBI SimplySAVE Credit Card is a popular choice for new users looking for an affordable and rewarding credit card. The card offers:
- 5x reward points on dining, grocery, and department store purchases.
- Low annual fee compared to other cards in the market.
- Free access to various partner offers and discounts.
If you’re a new credit user looking to save on everyday purchases, this card is a good fit for you.
Standard Chartered Manhattan Platinum Credit Card
This credit card offers a mix of rewards and cashback, making it ideal for new credit users who want to maximize the benefits of their spending. Features include:
- Unlimited cashback on supermarket purchases.
- Exclusive offers on dining and entertainment.
- Low joining fee, especially for first-time credit card users.
The Standard Chartered Manhattan Platinum Credit Card is perfect for individuals who want to make their shopping experience more rewarding while building their credit.
RBL Bank Rewards Card
RBL Bank Rewards Card is another excellent option for those just starting their credit journey. Key benefits include:
- Earn rewards points on every purchase, which can be redeemed for exciting products and services.
- Low interest rates, which is crucial for new users who may sometimes carry a balance.
- No joining fee, making it a budget-friendly choice for beginners.
The RBL Bank Rewards Card is a great entry-level option for new credit users who want to earn rewards on their everyday expenses.
Kotak Mahindra Fortune Gold Credit Card
This card is ideal for those looking for a card that combines rewards and cashback with low fees. Key features of the Kotak Mahindra Fortune Gold Credit Card include:
- Cashback on grocery and fuel purchases.
- Complimentary access to airport lounges in India.
- Low annual fee for new users.
With a simple application process and useful benefits, the Kotak Mahindra Fortune Gold Credit Card is an attractive option for new credit users.
Also Read: How To Optimize Credit Card Spending for Tax Benefits and Save More
How To Choose the Best Credit Card for New Credit Users?
When selecting the best credit card for new credit users, here are a few factors to keep in mind:
- Low Fees: Look for credit cards that offer low joining fees and annual fees, especially if you are just starting.
- Cashback/Rewards: Choose a card that offers cashback or rewards points on your regular purchases. This helps you get more value for your spending.
- Easy Approval Process: New users often have limited credit history, so it’s important to pick cards that are easier to approve.
- Credit Limit: Choose a card with an appropriate credit limit that suits your spending habits. New users should start with a manageable credit limit to avoid overspending.
- Interest Rates: Opt for cards with lower interest rates to make repayments easier in case you carry a balance from one month to another.
Conclusion
Choosing the best credit cards for new credit users in India is an important step in establishing a strong credit history. The cards listed in this article are excellent options for beginners, offering benefits like rewards, cashback, and easy approval processes. Whether you want to earn rewards points, enjoy cashback, or save on everyday purchases, there is a credit card that fits your needs.
Remember, responsible use of your credit card is key to building a good credit score. Always pay your bills on time, keep your credit utilization low, and avoid overspending to make the most out of your new credit card.