From Diwali Offers to Travel Benefits; Here are Your Top Credit Card Choices for This Festive Season!

The auspicious festive season gives you a reason to make big-ticket purchases like electronics, kitchen and home appliances, top-end gadgets or even getting your house renovated. We plan all year to splurge on such things during Diwali.

However, these purchases can sometimes be so hefty that you might have to think of opting for loans to meet the expenses. We tend to ignore the fact that these loans come with high rates of interest which can in turn become financially stressful in the long run.

In order to escape such a long-term burden of repaying the loans, it is better to fund your expensive purchases through a credit card. Apply for a credit card this festive season and save big!

Benefits of Credit Cards

There are several benefits of a credit card which make our lifestyle way more convenient. Some of the renowned credit card providers give you a joining bonus by charging a very nominal fee. Not only this, owning a credit card means that you will be able to build and boost your credit score. This makes getting loans in the future easy since a high credit score means that you are a low risk profile for lenders.

During the festive season, there are an array of deals, offers, rewards, benefits on travel reservations, and additional discounts on major e-commerce sites. Apart from these benefits, you can also opt for EMI options on credit card purchases.

Top Credit Cards
Major financial institutions like SBI, Axis Bank, Citibank, RBL, etc. offer several credit card options with great offers, benefits and privileges. Let's look at some of them.

• Amazon Pay ICICI Credit Card

With zero annual fee, this credit card offers cashback of up to 5% on all your purchases made on Amazon.

• SBI Card Elite

If you wish to own a credit card for shopping, booking movie tickets or plan your travel experiences, this card is the most suitable choice for you. With an annual fee of Rs. 4,999, you get a welcome voucher as an e-gift, Club Trident or Vistara privilege membership, and complimentary movie tickets.

• Axis Bank Ace Credit Card

Do cashbacks excite you? If yes, then this credit card is the most suitable choice for you. With an annual fee of just Rs. 499, this credit card gives you a cashback of 5% on bill payments, recharge on mobile and DTH expenses.

• Flipkart Axis Bank Credit Card

Do you like online shopping? Do you keep a tab on the upcoming and latest online sales? Then the Flipkart Axis Bank Credit Card is the card for you. With an annual fee of Rs. 500, it gives you a welcome benefit of a Flipkart Voucher. Not only this, it also gives a cashback of 5% on Myntra as well as Flipkart.

• HDFC Regalia Credit Card

For all those who love shopping and travel frequently, this credit card is a blessing. With an annual fee of Rs. 2,500, this card provides complimentary access to lounge and 4 reward points for every Rs. 150 you spend on your retail purchases.

• Citi PremierMiles Credit Card

Receive 10 times more reward points on all transactions related to airlines at an annual fee of Rs. 3,000. You can relax and travel comfortably without worrying much about airline related expenses, thanks to this card.

• HDFC Millenia Credit Card

With an annual fee of Rs. 1,000, you can get 5% cashback on Amazon, Myntra, Sony Liv, BookMyShow, Zomato, Cult.fit, Flipkart, Swiggy, Tata CLiQ, and Uber. You also get 1% cashback on all other spends including EMI & Wallet transactions (except for fuel spends). Via Dineout, partner restaurants offer up to 20% discount.

• Standard Chartered DigiSmart Credit Card

For online shopping, the benefit of this credit card is that it gives a discount of 20% on all banks that partner with them, with a monthly fee of Rs. 49 only.

• BPCL SBI Card Octane Credit Card

If you frequently travel by a personal vehicle, this card can prove to be very beneficial for you, helping you save a chunk on your fuel expenses. With an annual fee of Rs. 1,499, this card gives a value back of up to 7.5% on all your fuel expenses. This is applicable if you make your fuel expenses at BPCL Petrol Pumps.

• HDFC Bank Diners Club Privilege Credit Card

You get complimentary Amazon membership, Dineout Passport, MMT Black, etc. with an annual fee of Rs. 2,500.

Shop Smart with a Credit Card this Diwali

Applying for a credit card can prove to be a great way of smart saving and shopping. It is a financial instrument that helps you make purchases easily, especially during the festive season since most merchant stores offer attractive discounts, offers, and deals. However, make sure that you are aware of the conditions and terms that are associated with these cards in order to avoid unnecessary high interest rates on your outstanding dues. Sit back and shop your heart out with any one of the above mentioned credit cards this festive season!