Credit cards with no annual fees, also known as “lifetime free credit cards” or “zero annual fee credit cards”, offer the unique benefit of zero joining fee or annual fee on your card. This essentially means that in order to keep your credit card active year-over-year, you need not pay any extra charges.
It is a lifetime free card, which implies the card attracts no annual charges, and is an easy-to-use basic card for people who would like to shop from Amazon. Pros & Cons. The card can be availed without any annual fee. Cardholders enjoy a surcharge waiver on purchase of fuel. Users can earn unlimited Reward Points.
If you are a credit-worthy customer, the bank may offer you a lifetime free Credit Card, which means no joining or annual fees.
Regalia charges a low foreign currency markup fee, which stands at 2% as compared to 3.5% for HDFC Millennia. Overall, in terms of travel benefits, HDFC Regalia is definitely a winner for international travelers as it offers both domestic and international lounge access along with a low forex markup fee.
The State Bank of India have a set of categories to match the lifestyle needs of different individualities and also offers a few SBI credit cards that are free for life. The option of “lifetime free” scheme on any SBI credit card does have an annual fee.
Amazon Pay ICICI Bank Credit card is a credit card issued by ICICI Bank in association with Amazon Pay (India) Private Limited (Amazon Pay) and Visa. This is a lifetime free credit-card with no joining fees or renewal fees.
Pay off your card dues on time to avoid the finance charges. One should not make the minimum payment and keep revolving their payment due on the credit card. That would also attract high-interest rates along with late payment fee. Experts suggest that making only the minimum payment due should be strictly avoided.
There is no ideal number of credit cards you can own. You can own as many credit cards as you want as long as you are eligible for it. If you do not maintain the right credit utilisation rate, your credit score may be reduced.
There are annual fees and renewal fees applicable on the SBI Credit Card (SBI Card). Annual fee is a one-time charge and renewal fee is charged every year.
Do you need to have a bank account to open a credit card? The short answer is no. Credit card companies will only look at your credit score, current employment and income to determine your eligibility for a credit card.
The Amazon Prime Rewards card doesn't charge an annual fee, but you'll have to pay up for an eligible Amazon Prime membership to earn the full 5 percent back for Amazon.com and Whole Foods Market purchases if you don't already have one (otherwise, you only get 3 percent back).
The ICICI account holder who wishes to cancel their credit card can call on the ICICI Bank's customer service number and raise a request for the card cancellation. The account holder can initiate the cancellation process by calling the ICICI toll-free number, 1800-200-8181.
Be between the age bracket of 18-60 years. Be either salaried or self-employed. Reside in serviceable cities as listed by the Bank. Have a minimum monthly income of ₹25,000 (for ICICI customers) or ₹35,000 (for others)
You must be between 21 and 60 years of age. You need to have a good credit score, preferably above 750. You must have a regular source of income. Your minimum annual income must be over ₹2 lakh.
You can withdraw cash from any ATM – but it is better to stick to your own card's bank ATM to avoid any extra charges. There may be a cap on the amount of cash you can withdraw in a day. You should find that out before you withdraw cash.
HDFC Regalia First Credit Card comes with a membership fee of Rs. 1,000 per annum (plus GST), and offers a max reward rate of up to 0.8% on normal spends. Though the Regalia First Card also offers some additional benefits, the original Regalia being a more premium offering has the upper hand.
However, the HDFC Regalia First Credit Card comes with a higher annual fee as compared to the MoneyBack Plus Credit Card, but it also provides you with exciting travel benefits, including complimentary lounge access, which is not offered by the MoneyBack Plus Card.