Paying annual charges for our credit card always seems a burden to us. However, cards with annual charges offer substantial rewards in return when we pay the annual fee. Well, if you leave the reward points, credit cards with no annual fee always attract us. These cards also offer better value and the same benefits in the long run as a credit card with annual charges does. 

So, opting for a credit card with no annual fee is always profitable. You can keep such credit cards active without paying any extra cost as you just need to pay for what you use. These credit cards are free for a lifetime.

To save money on annual charges here are 8 Free Credit Cards-

HSBC Visa Platinum Credit Card

It comes under lifestyle credit cards and offers huge benefits to dining, movies, and shopping to the cardholder.

Joining Fee: Zero
Renewal Fee:

  • Get Cleartrip voucher worth ₹2,000 on the first transaction.
  • Cashback up to ₹3000 on transactions above ₹ 10,000 within 90 days of the card issuance.
  • Get 3X reward points on hotel booking, dining and telecom spend for the first 12 months.
  • Get a movie ticket voucher worth ₹500 on spending ₹50,000 in a month.
  • 2 reward points on every ₹150 spent through your card.
  • Earn 5X reward points on spending above ₹4 lakh in a year from your card.
  • Fuel surcharge waived off up to ₹250 available on transactions made between ₹400 to ₹4000.
  • 15% off on dining bills at more than 1,000restaurants.
  • Rewards offered can be redeemed easily for a wide range of products.

Citibank Rewards Domestic Credit Card

It will be true if we call this card as a rewards card. The card offers several facilities and benefits to its users, making it the best card in the list of free credit cards in India.

Annual fee – Zero
Joining fee –

However, to make it free you need to spend a minimum of ₹30000 or above. In case you are not able to cross this limit, you need to pay ₹1000 as the annual fees. 

  • Get 10X Reward Points on every ₹125 spent through your card at Apparel and departmental store. 
  • Up to 15% off on selected restaurants across the country.
  • Earn 1000 bonus points on first ₹1 000 spend on the card.
  • Reward points available can be redeemed easily on other uses. 
  • Gift Vouchers are also offered.*

SBI Card Unnati

The SBI Unnati credit card is free for the first four years

Joining fee: Zero
Renewal fee: Zero (For 1st four years

  • Earn 1 reward point on every ₹100 spent through your card.
  • Redeem reward points against a wide variety of products.*
  • Milestone Rewards available which is a cashback of ₹ 500 on spending ₹ 50,000 in a year.
  • Milestone rewards are applicable for all membership years
  • Avail 1% fuel surcharge waiver on every transaction made between ₹500 and ₹3,000.
  • This card is a secured card, issued with a lien on Cardholder’s fixed deposit with State Bank of India of having a minimum value of ₹25,000. 

ICICI Platinum Chip Credit Card

The card comes with multiple benefits and offers rewards to its customers. And is suitable for first-time credit card users and corporate employees.

Annual fee – Zero*

  • Annual fee waiver if you spend a minimum of ₹50,000 in a year.
  • Up to 15% saving on dining bills across selected restaurants.
  • Get a Fuel surcharge waiver of 1%.
  • Get 2 reward points on every ₹100 spent through your card.
  • Only offered to eligible corporates.

Standard Chartered Platinum Rewards Card

This credit card is not totally free but comes at a very low cost which ₹ 250 annually. The card has attractive offers benefits.

  • It is a Contactless credit card that makes your payment secure and quick.
  • Get 5X reward points on dining and fuel transactions without any maximum limit.
  •  Offers and discounts across shopping portals.
  • Off on booking flight tickets, and dining bills across the country available on selected Airways and restaurants.
  • Earn 1 reward point on every ₹150 spent through your card.

Kotak Fortune Gold Credit Card

This card is offered mostly to the businessmen, the card offers benefits on fuel ticket booking, etc. and most importantly it offers cash withdrawal without any interest which makes it favorites for businessmen. 

Joining Fee – Zero
Renewal Fee – Zero

  •  The cash withdrawal limit is up to 50% of the credit limit
  • Railway surcharge waiver available.
  • Balance transfer facility available.
  • Free PVR tickets when your transactions reach above1.5 lakh in a year.
  • Cash Advance fee of ₹199/- per ₹10,000/- 
  • Addon cards are available with the same benefits as on the main card.

Simply CLICK SBI Card

This card comes at a very low fee and with major benefits that overshade the fee part.

Annual fee – ₹499
Renewal fee – ₹499

  • Get Amazon gift voucher worth ₹ 500 as the welcome gifts.
  • Secure and quick payments with contactless technology. 
  • Earn e-Shopping Rewards -10X Reward Points on online spends with partners such as- Amazon, BookMyShow, Cleartrip, Lenskart, UrbanClap 
  •  5X rewards on all other online transactions too.
  • Get 1% fuel surcharge waiver on transactions made between ₹ 500 and ₹ 3,000
  • Get e-voucher worth ₹ 2,000 and more on spending more than ₹ 1 Lakh or above from your card.

Yes Bank Prosperity Reward Plus

 This card from YES Bank has several benefits, let’s discuss them in detail.

  • Get 1,250 reward points when you spend ₹5000 within 30 days.
  • Get 2 reward points on every ₹ 100 spent at the retail shop.
  • Get 12,000 bonus reward points on spending ₹3.6 Lakhs in a year
  • Earn 3 reward points on online and dining spends.
  • Redeem reward points against an exclusive catalog of products or it can also be converted into JPMiles.
  • Fuel surcharge waiver available for transactions made between ₹ 400 to ₹5,000 at any fuel pump across the country.

Cards with zero annual charges are really worth to have, they don’t cost you anything at the same time provides you many benefits. But you need to be careful when you apply for one, there may be some hidden charges involved which can increase the total coats of your borrowing. You should go through the terms and conditions properly before opting for any credit card.

To apply online for Lifetime Free Credit Cards you can check the portals of the respective providers. 

Best 8 Zero Annual Fee Credit Cards in India
Article Name
Best 8 Zero Annual Fee Credit Cards in India
Looking for the best zero-annual-fee credit cards which can give you maximum benefit in 2020? Read this to know the benefits & apply online for lifetime free credit cards.
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Finance Buddha
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