Finance

Benefits and Features of Lifetime Free Credit Cards Explained

Lifetime Free Credit Cards

Credit Cards offer us the convenience of making purchases with few swipes or taps. But they also provide us rewards and multiple offers for using them. If you’re someone looking for a card that is lifetime free, then you’re at the right place. In this article, we’ll introduce you to the top lifetime free credit cards in India that can help you to earn more rewards.

Lifetime Free Credit Cards

Top Lifetime Free Credit Cards in India

IDFC FIRST Classic Credit Card

IDFC FIRST Classic Credit Card provides a decent reward rate on spending Rs. 20,000, and you can enjoy a reward rate of 20X RP. Including entertainment benefits, the card also offers complimentary roadside assistance and complimentary railway lounge access (16 every year). The card has a simple application process, and the best part is rewards awarded with IDFC Select Credit Card never expire.

Axis Bank Neo Credit Card

Some of the popular mobile apps like Zomato, Paytm, Myntra, and Blinkit are there in our mobile phones. By using this card, you can simply get discounts while purchasing through these platforms. Also, you can get a 5% discount on utility bills. Also, you can link your Neo RuPay Credit Card to UPI application like Google Pay, PhonePe, or Paytm.

Amazon Pay ICICI Bank Credit Card

In a list of lifetime free credit card, Amazon Pay ICICI Bank Credit Card is always on top, also being a popular credit card it gives various benefits. You can get 5% cashback on all purchases in your Amazon Pay account. Although you’re a non-prime member, you are still eligible for a 3% cashback. This card provides generous benefits for all kind of spending, whether its online shopping or offline.

HDFC Bank Millennia Credit Card

HDFC Bank Millennia Credit Card is a cashback credit card, but it can be a lifetime free card based on spending, this includes 5% cashback on popular platforms like Amazon, Zomato, BookMyShow, Flipkart, and Myntra. It is important to consider the younger audience, and that’s the reason why Millenia credit card is a top competitor. The card not only includes 5% cashback on partner brands but also 1% off on offline spends and one free airport lounge access every quarter.

Bank of Baroda (BoB) Easy Credit Card

Bank of Baroda (BoB) Easy Credit Card is a shopping credit card that comes with multiple cashback and discounts on partner brands. Being a lifetime free credit card, cardholders will get 5X RPs on every Rs. 100 spent on categories like movies, groceries, and departmental stores. Also, cardholders will get 1 RP on every Rs. 100 on other categories and 0.5% cashback on card bill payments.

Advantages and Disadvantages of Lifetime Free Credit Cards

Advantages

  • Don’t have to pay any joining or renewal fee for the card.
  • Rewards of these credit cards never expire.
  • Application Process is very easy.
  • Help you in building your credit score.

Disadvantages

  • These credit cards have lower reward rates compared to paid credit cards.
  • The benefits that come with this card are limited.
  • These cards may contain a higher rate of interest.

Also Read: Flipkart Axis Bank and Amazon Pay ICICI: Which is the Card for You?

Conclusion

If you’re looking for such cards that give good offers and rewards without having to pay annual fees, then these lifetime free credit cards are worth considering. But before selecting any of the cards, you need to understand whether the card fits your spending habits and financial situation. Ensure that you read the terms and conditions carefully before applying for any credit card.

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