Lifetime Free Credit Card - No Annual Fee Credit Cards in India (2024)

While many luxury credit cards come with an annual fee, there is a wide range of cards that provide a vast array of benefits without charging any fee.

If you are a sensible spender and would like to have a credit card with basic yet comprehensive benefits, you can opt for a No annual fee credit card. It will cut down your annual card maintenance cards while providing regular benefits of a credit card.

Features and Benefits on No Annual Fee Credit Cards

The following is the list of features and benefits of No Annual Fee credit cards:

• These are life-time free cards and users do not need to pay any annual fee for availing any of its features
• Ensures cost savings in fuel transaction by offering 1.00% fuel surcharge waiver.
• Offers various benefits, such as airport lounge access, discount on shopping, dining or delivery of food, movie tickets, etc.
• These cards also provide welcome benefits such as bonus reward points, vouchers, OTT subscriptions, and many others
• Income requirement is quite low for these cards
• The eligibility criteria for these cards are simple, thereby ensures quick approval of application

FinBooster: YES BANK - BankBazaar Co-branded Credit Card

Key Highlights: The FinBooster: YES Bank - BankBazaar Co-branded Credit Card helps you to build a high credit score and good credit behaviour. You get regular credit fitness reports and these give you insights into your financial health.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• With the FinBooster: YES Bank - BankBazaar Co-branded Credit Card, you get monthly credit fitness reports with a real-time dashboard to track your credit score. This access will be granted once you complete your first transaction with the FinBooster: YES Bank - BankBazaar Co-branded Credit Card.
• You have access to insights that will help you in improving your credit score.
• There is no cap on reward points
• Reward points expire only after 36 months.
• Accidental death insurance cover up to Rs.2.5 lakh

Rewards redemption options:

• You get 5x reward points on online dining spends.
• Earn 3x reward points on online grocery and online apparel spends.
• You get 2 reward points for every Rs.200 swiped for other retail spends, except for fuel expenses.
• The reward points that you earn can be shared with friends and family.
• The reward points that you convert into cash will be directly credited to your savings account.

Suitable for: Those who want to build a high credit score and get access to the Credit Fitness Tracker

RBL Bank BankBazaar SaveMax Credit Card

The RBL Bank BankBazaar SaveMax Credit Card is a lifetime free credit card that offers a wide range of attractive rewards and cashbacks. The card also comes with a free monthly credit advisory on BankBazaar which will help you track your spending and monitor your credit score. The credit card also comes with balance transfer, EMI conversion, and pre-approved loan facility.

Joining Fee: NIL

Renewal Fee: NIL

Features & Benefits

• Convert all spending over Rs.2,500 into easy EMIs.
• Xpress Cash facility for instant funds into your account.
• 10% cashback (up to Rs.100 every month on each merchant) on BookMyShow and Zomato transactions.
• Up to 100% discounts using EMI Infinity Pass on the Split n Pay Fee.
• Manage your credit card, pay utility bills, get merchant offers and instant loans through the RBL Bank MyCard App.
• Contactless payments in a fast and secure manner of up to Rs.5,000 in retail outlets.

Rewards redemption options:

• Earn 5x reward points on grocery spends (maximum 1000 reward points per month)
• Earn 1 reward point for every Rs.100 spent on other categories.

Suitable for: Those who wish to avail exciting rewards and cashback.

HSBC Visa Platinum Credit Card

The HSBC VISA Platinum credit card is suitable for shopping, dining, and fuel purchases. With this credit card, you earn reward points and get access to a host of other premium services, such as zero lost card liability, emergency card replacement, etc.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• Earn 10% Cashback up to 2,000 on at least 5 transactions worth Rs. 10000 or more within first 60 days of issuance of the card.
• Earn up to three complimentary domestic and international lounge access or get three meal vouchers.
• Book 2 movie tickets and get one movie ticket free on BookMyShow mobile app on Saturday. The price of free ticket should not be greater than Rs.250.

Amazon Pay ICICI Credit Card

Key Highlights: The Amazon Pay ICICI credit card helps you save even when you are availing exclusive benefits.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• ICICI Bank credit card customers can save 15% dining bills at more than 2,500 restaurants in India via the Culinary Treats Programme. They also get a 1% fuel surcharge waiver.
• There is no cap or expiry date on the rewards obtained with this card.
• Redeem your reward points at more than 100 Amazon Pay partner merchants and on www.amazon.in for over 10 crore products.
• Get 5% cashback on your purchases made on Amazon India if you have an Amazon Prime membership.
• Get 3% cashback on your purchases made on Amazon India, even if you don't have an Amazon Prime membership.
• Get 2% cashback on payments at more than 100 partner merchants by using this card on Amazon Pay.
• Enjoy 1% cashback on your transactions across categories like travel, shopping, dining, etc.

Suitable for: Those who shop frequently on Amazon.

ICICI Bank Platinum Chip Credit Card

Key Highlights: The ICICI Bank Platinum Chip credit card is lifetime-free and easy to manage.

Joining Fee: NIL

Renewal Fee: NIL

Features and Benefits:

• Get 2 reward points for each Rs.100 you spend at retail stores, excluding fuel.
• Get 1 reward point for each Rs.100 you spend on insurance and utility.
• Enjoy a fuel surcharge waiver of 1% (maximum: Rs.4,000) at HPCL pumps all over India.
• With the ICICI Bank Culinary Treats programme, save at least 15% on your dining at more than 2,500 participating restaurants located in 12 major cities.

Suitable for: Those who want to earn exciting reward points on online shopping.

IDFC First Select Credit Card

Key Highlights: The IDFC First Select Credit Card high reward with zero annual fee.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• On purchases exceeding Rs.20,000 per billing cycle, get 10x reward points
• 10x reward points on birthday spends
• On online purchases, get 6x reward points
• On offline purchases, get 3x reward points
• Get gift voucher worth Rs.500 on spending Rs.15,000 in first 90 days
• Get up to 4 per quarter domestic airport lounge access
• Get up to 4 per quarter railway lounge access.
• Low foreign exchange mark-up fee of 1.99%

Suitable for: Frequent shoppers and travellers.

IDFC First Millennia Credit Card

Key Highlights: The IDFC First Millennia Credit Card high reward with zero annual fee.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• On purchases exceeding Rs.20,000 per billing cycle, get 10x reward points
• 10x reward points on birthday spends
• On online purchases, get 6x reward points
• On offline purchases, get 3x reward points
• Get gift voucher worth Rs.500 on spending Rs.15,000 in first 90 days
• Get up to 4 per quarter railway lounge access.
• Get complimentary roadside assistance of value Rs. 1,399.
• Low foreign exchange mark-up fee of 1.99%
• If you make an EMI purchase within 30 days of your card activation, you will get 5% EMI cashback (up to Rs.1000) on the EMI value of your purchase.

Suitable for: Frequent shoppers and travellers.

Kotak 811 #DreamDifferent Credit Card

Key Highlights:

The Kotak 811 #dreamDifferent Credit Card is a fixed-deposit backed credit card. The secured credit card includes fuel surcharge waiver, railway surcharge waiver, and exclusive offers on achievement of milestones. The cardholder can avail the milestone program on spending of Rs 75,000+ and can get bonus offers on either cashback or PVR tickets.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• Get 1% fuel surcharge waived on all petrol pumps for transactions between Rs. 500 and Rs. 3,000 (Maximum Rs. 3,500 per year)
• Get 1.8% railway surcharge waiver up to Rs.500 on booking on IRCTC website and 2.5% on booking at railway counter
• 2 reward points for every 100 rupees spent online
• 1 reward point per 100 rupees spent on other*

Suitable for: Frequent shoppers and travellers.

IndusInd Bank Platinum Credit Card

Key Highlights: IndusInd platinum credit card is a reward-oriented credit card that gives you value back on all your transactions. You can redeem your points against a variety of options, such as Air miles, cash credit, or products / vouchers from your rewards catalogue.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• After the payment of the joining fee, you will get Luxe gift cards and vouchers from top brands such as: The Postcard hotel, Montblanc, Amazon, Flipkart, Apollo Pharmacy, Uber, Ola, Pantaloons, Bata. All these benefits are exclusive to the paid variant.
• Get up 1% fuel surcharge waiver between Rs.400 up to Rs.4000 across all petrol pumps in India.
• Get air accident insurance cover up to Rs.25 lakh
• Get lost baggage insurance cover up to Rs.1 lakh
• Get 1.5 reward point for every Rs.150 spent

Suitable for: Frequent shoppers and travellers.

Fibe Axis Bank Credit Card

Key Highlights: Fibe Axis Bank credit card is India's 'numberless' credit card, and its main purpose is to increase the security of its users. It eliminates the traditional embossed credit card number from the card design, which significantly reduces the risk of some types of fraud and makes it a dependable option for your financial transactions.

Joining Fee: NIL

Renewal Fee: NIL

Features and benefits:

• Get 15% off on dining expenses at selected partner restaurants via EazyDiner under Axis Bank Dining Delights program, up to Rs. 500.
• Get 1% surcharge waived off up to Rs. 400 per month on fuel spends worth Rs. 400 to Rs. 5,000.
• Earn 3% cashback on transactions made on entertainment, local commute and food delivery.
• Earn 1% cashback on eligible other transactions.
• Get up to four complimentary lounge access annually.

Suitable for: Frequent shoppers and travellers.

How to Apply for a No Annual Fee Credit Cards Online?

To apply for no annual fee credit cards online, you can visit the respective bank website, or you can apply through BankBazaar, which is an authorised partner of top banks in India.

Steps to apply through BankBazaar website

Step 1: Visit www.bankbazaar.com/credit-card.html and select the card that you want.

Step 2: Click the 'Eligibility' button to check your eligibility for the card

Step 3: If you are eligible, you will find an option to Apply, click on the same, enter the required details and submit

Step 4: You would be asked to upload the required documents.

Step 5: Once they are uploaded, click 'Submit'.

On successfully submitting the application and the necessary documents, you would receive an 'Application ID'. Use this ID to track your application status by clicking' Track Application '.

FAQs on Lifetime Free Credit Cards in India

1. Are there any other hidden charges if I use a Lifetime Free credit card?

   No, there are no hidden charges if you use a lifetime free credit card. The bank is very clear about the charges associated with the card. You pay only what you spend.

2. What will happen if I use a lifetime free credit card and do not clear the bill on time?

   A lifetime free credit card works just like any other credit card. If you do not pay your bill on time, then the bank will charge you a late fee. If you still do not pay the credit card bill on time, then the bank deactivates your card due to which your credit score suffers.

3. Which credit card by YES Bank does not have any joining or annual fee?

   The FinBooster: YES BANK - BankBazaar Co-branded Credit Card does not have any joining or annual fee.

4. How can I find lifetime free credit cards?

   You can do basic google search to find lifetime free credit cards offered by banks in India. You can also get in touch with the bank with whom you hold a bank account and enquire about lifetime free credit cards. If you have a good relationship with your bank, they will most probably offer you a lifetime free credit card.

5. Can I use a lifetime free credit card overseas?

   Yes, you may use your credit card overseas, but the charges will differ from bank to bank. Hence, do check with the lender regarding the charges applicable if you use your card abroad.

6. Can I use my lifetime credit card to withdraw money from ATMs in India?

   Yes, you can use your lifetime credit card to withdraw money from ATMs in India.

7. Do I get free golf lessons with the IndusInd Bank Platinum Card?

   Yes, you get complimentary golf lessons from qualified instructors at select golf clubs in India.

8. Is there a credit card that will give me a free Credit Advisory Report?

   Yes, the RBL Bank BankBazaar SaveMax Credit Card offers a free Credit Advisory Report every month.

9. Can I apply for a 'no annual fee' credit card online?

   Yes, most of the banks accept applications for ‘no annual fee’ credit cards online.