5 Best Credit Cards in India for Salaried Professionals in 2020

In the era of constantly evolving digitization, credit cards are the omnipresent plastic contrivance that becomes a saving grace even during times when the wallet dries out, thus being indispensable. In a credit-driven economy, credit cards are no longer the prerogative of the wealthy; they are now used by most of the salaried individuals in India.

There are over 200 credit cards available in India; still, while choosing one, it is vital to compare and figure out which is the best credit card in India for you, the one that is tailored to your spending pattern and lifestyle requirements.

The best credit card in India as per your needs and lifestyle choices not only helps support a smooth cash flow while smartly managing the monthly budget but also recompense you with a host of benefits such as cashback, offers & discounts, rewards, and so on.

From shopping to traveling to meeting any emergency desideratum, there is at least one best credit card in India for you, in these segments, based on your requirements.

All the major banks and financial institutions in India have customized credit cards exclusive to salaried professionals and their needs, and the number of these cards available is in-exhaustive. So, this guide contains a comprehensive list to compare and figure out the best credit card in India for salaried professionals in 2020, for the following categories-

• Best Credit Card in India for Travelling
• Best Credit Card in India for Fuel
• Best Credit Card in India for Shopping and Lifestyle Requirements

Let’s get started with finding out the best credit card in India for you- a card that has got you covered even when the cash in the bank and the cash in hand become null and void.

Best Credit Cards in India for Travelling

• Emirates World by Standard Chartered- Given below are the list of significant benefits to help you know if this is the best credit card in India for your traveling needs.
  • 6 Skyward Miles on every INR 150 spent on Emirates along with 3 Skyward Miles on every INR 150 spent on other transactions Trivia: The only credit card in India that is co-branded with the Emirates Airlines
  • 5% cashback on duty-free shopping of up to INR 1000 every month
  • Complimentary lounge visits to more than 25 domestic lounges and 2 additional complimentary accesses to local as well as international priority pass lounges per month (term and conditions may apply)
  • Overseas insurance comes complimentary with air accident coverage of INR 1 crore, which also includes a guarantee on the loss of baggage and flight delay.

• Air India SBI Signature Credit Card- Given below are the host of benefits on choosing this travel credit card.
  • Complimentary membership of the Air India Frequent Flyer Program which includes Flying Returns Membership
  • 4 Reward points on every INR 100 spent. These reward points can be converted into Air India miles. 1 reward point equals to 1 Air India Air mile
  • Complimentary lounge access for Priority Pass Members. There is also a Visa Lounge Access Program in India that is complimentary at major domestic airports

Best Credit Cards in India for Fuel

• HDFC IndianOil Credit Card- This credit card could be your best choice for fuel due to the perks enlisted below.
  • 5% fuel points at IndianOil outlets. Up to 250 fuel points can be earned in a month for the first 6 months and up to 150 fuel points in a month post that
  • 1% fuel surcharge waiver on buying fuel. Up to INR 250 per billing cycle and the transaction amount should be a minimum of INR 400
  • Possible savings of up to INR 10,584 on spending INR 4 lakhs in a year
  • Option to convert the collected fuel points in XTRAREWARDSTM points(XRP) for free fuel
• Super Value Titanium Credit Card by Standard Chartered- This could be the right choice for you if the benefits added below meet your requirements.
  • 5% cashback on fuel expenditures across all fuel outlets, of up to INR 200 every month
  • Direct cashback on fuel and other categories, on this card, in place of rewards
  • 1 reward point per Rs. 100
  • Dining benefits available under the Good Life Programme

Best Credit Card in India for Shopping and Lifestyle Requirements

• SBI Card Prime– This card gives you an amazing shopping experience because of the following reasons.
  • Welcome e-gift voucher of INR 3,000 from renowned brands like Hush Puppies, Shoppers Stop, Pantaloons, Aditya Birla Fashion, Yatra.com
  • 10 reward points on per spending of INR 100 on dining, movies, and groceries
  • Complimentary Trident Privilege Red Tier Membership
  • Up to 8 domestic lounge accesses and 4 international lounge accesses in a year
• DigiSmart Credit Card by Standard Chartered- This might be the best credit card in India for well-curated online shopping experience for a better lifestyle. Here’s why!
  • 20% off on shopping with Myntra with no minimum spends criteria
  • 10% off on grocery shopping with Grofers with using the promo code DIGISMART. No minimum sends requirement, and this is valid for 5 transactions per month with a maximum discount of INR 1000 every month
  • 10% off on food orders with Zomato using the promo code DIGISMART
  • Buy One Get One movie ticket free offer available at INOX. This is applicable only during the weekends
  • 15% cashback available on Ola Cab bookings

Disclaimer: The views and opinion reflected in the article are strictly author's personal opinion.