Types of Credit Card

Types of Credit card

Here are the main types of credit cards in India , based on usage and benefits:

Types of Credit card

1️⃣. Rewards Credit Cards – Earn reward points on every transaction – Redeem points for gifts, vouchers, or discounts Example: HDFC MoneyBack, SBI SimplyCLICK.

2️⃣. Cashback Credit Cards – Get direct cashback on spends like groceries, fuel, online shopping, etc. Example: Axis Ace, Amazon Pay ICICI.

3️⃣. Travel Credit Cards – Benefits like air miles, free lounge access, travel insurance Example: Axis Vistara, SBI IRCTC, HDFC Diners Club.

4️⃣. Fuel Credit Cards – Fuel surcharge waiver and cashback at petrol pumps Example: BPCL SBI Card, Indian oil, Citibank Card.

5️⃣. Lifestyle & Shopping Cards – Discounts on fashion, dining, movies, and more Example: HDFC Regalia, ICICI Coral, SBI Card ELITE.

6️⃣. Business Credit Cards – Designed for business expenses with higher limits and accounting tools , Example: HDFC Business MoneyBack, SBI Platinum Corporate.

7️⃣. Secured Credit Cards – Issued against fixed deposit (FD); good for building credit score , , Example: ICICI Bank Coral Secured Card.