Lifetime Free Credit Cards: No Annual Fee, Benefits and Features

Posted By MV Prakash
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Are you looking for a budget-friendly credit card? Credit cards with no annual fees can be a more economical way to manage your finances.

Credit cards are available that offer valuable benefits without additional costs. Here are the details of 5 credit cards that provide all benefits, rewards, and free service without annual fees.

1. RBL Bank Bank Bazaar Save Max Credit Card

    • Express Cash: Instant funds transfer into your account.
    • Rewards: 10% cashback (up to Rs.100 monthly) on Book My Show and Zomato transactions.
    • EMI Infinity Pass: Discounts are available on splits and pay fees.
    • Management App: Pay utility bills through your card. Offers can be accessed. One can apply for loans through the RBL Bank My Card app.

    2. Amazon Pay ICICI Credit Card

      • Rewards: Unlimited, No Expiration.
      • Redeem: Use your credits for over 100 million products at Amazon and other merchants.
      • No Cost EMI: Available for three or six months on Amazon purchases.

      3. HSBC Visa Platinum Credit Card

      • Cashback: Get Rs.500 cashback if you spend at least Rs.5,000 in the first 30 days through the HSBC India mobile app.
      • Fuel savings: Save up to Rs.3,000 annually on fuel bills.
      • Flight Miles: Convert reward points into miles with various airlines.

      4. ICICI Bank Platinum Chip Credit Card

      • Rewards: Earn two reward points per Rs. spent at retail stores (excluding petrol).
      • Fuel waiver: 1 percent surcharge waiver (up to Rs.4,000) at HPCL pumps.
      • Secure Payments: Quick and secure payment technology.

      5. IDFC First Credit Card

      • Airport Lounge Access: Free entry to domestic airport lounges.
      • Travel Benefits: Low forex markup, trip cancellation coverage.
      • Movie Tickets: Buy-one-get-one movie tickets worth up to Rs.125 through Paytm.
      • Reward Points: Get 100% cashback on your first four transactions (up to Rs. 200).

      Advantages of No Annual Fee Credit Cards:

      • Lifetime Free: Users do not need to pay any annual fee to enjoy the card services.
      • Cost savings: Some cards waive surcharges on fuel transactions.
      • Various amenities: It offers discounts on access to airport lounges, shopping, dining, food delivery, movie tickets, and more.
      • Welcome Benefits: Most cards offer bonus reward points, vouchers, OTT subscriptions, and additional benefits upon sign-up.

      How to apply for a credit card with no annual fee?

      Online Application:

      1. Select the bank offering a free credit card and visit that bank’s website.
      2. Check the details and fill out the application form.
      3. Provide required personal details.
      4. Submit the required documents.
      5. Upload documents for verification.
      6. The bank will check your details and documents before accepting your application.
        If you are eligible, you will be granted a credit card.

      Offline Application:

      1. Go to the official branch of the concerned bank to apply for the No Annual Fee Credit Card offline.
      2. Approach the staff there and fill out the application form.
      3. Provide required personal details.
      4. Submit the required documents.
        The bank will review your details and documents before accepting your application.

      If not used properly, it can cause a loss of credit. Credit cards with no annual fee can be inexpensive financial tools. However, like any other credit card, you risk incurring high-interest charges if you don’t pay your balance by the due date.

      So, make it a habit to pay all the dues on time every month. When choosing a credit card with no annual fee, consider rewards programs, interest rates, and credit limits.

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