“Best credit cards in India 2021”

title: The Best Credit Cards in India 2021: A Comprehensive Guide

Introduction
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In the fast-paced world we live in today, credit cards have become an essential financial tool for millions of Indians. They offer convenience, rewards, and financial flexibility, making them a popular choice among consumers. With numerous options available in the market, choosing the best credit card that suits your needs can be challenging. This blog post aims to provide a comprehensive guide on the best credit cards in India 2021.

Understanding Credit Cards
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Before delving into the best credit cards, let’s briefly understand what credit cards are and how they work:

* A credit card is a payment method that allows you to borrow money from a bank or financial institution to make purchases or withdraw cash.
* You can use your credit card for everyday expenses such as groceries, fuel, dining, travel, etc., and the amount spent is added to your credit card bill, which needs to be paid within a specified period (usually 30-45 days).
* Credit cards come with various features like reward points, cashback, insurance benefits, etc.

Types of Credit Cards in India
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1. Cashback Credit Cards – Offer rewards as a percentage of the amount spent on the card.
2. Reward Points Credit Cards – Provide points for every rupee spent, which can be redeemed later for various benefits like flights, hotel stays, shopping vouchers, etc.
3. Travel Credit Cards – Designed specifically for frequent travelers, offering benefits like airport lounge access, fuel surcharge waivers, travel insurance, etc.
4. Shopping Credit Cards – Offer discounts and cashback on specific categories like dining, groceries, fuel, etc.
5. Premium/Elite Credit Cards – Come with a high annual fee but offer a host of benefits like airport lounge access, travel insurance, concierge services, etc.
6. Co-branded Credit Cards – Tied to specific brands or companies, offering exclusive rewards and discounts when using the card for transactions with that brand.

Top Credit Cards in India 2021
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Here is a list of the best credit cards in India for different categories:

1. Best Cashback Credit Card – **HDFC Bank Diners Black Credit Card**
– Offers 1% cashback on all spends, 1.5% cashback on fuel and dining, and 20x reward points per Rs. 100 spent at Amazon.

2. Best Reward Points Credit Card – **ICICI Bank Coral Credit Card**
– Offers 4 ICICI Bank BonusPoints for every Rs. 150 spent on shopping, dining, and fuel, and 2 ICICI Bank BonusPoints for all other spends.

3. Best Travel Credit Card – **HDFC Bank Diners International**
– Offers 2 reward points per Rs. 100 spent, airport lounge access, travel insurance, etc.

4. Best Shopping Credit Card – **Citibank Platinum Select Card**
– Offers 8 rewards points for every Rs. 150 spent on shopping, and double rewards points on dining and fuel.

5. Best Premium/Elite Credit Card – **American Express Platinum Reserve Credit Card**
– Offers travel credits, airport lounge access, travel insurance, concierge services, etc.

6. Best Co-branded Credit Card – **Amazon Pay ICICI Bank Credit Card**
– Offers 5% cashback on Amazon purchases, 10X reward points per Rs. 100 spent at Amazon, and 2X reward points on dining and fuel.

FAQs
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1. Q: What is the best credit card for shopping in India?
A: The Citibank Platinum Select Card is one of the best credit cards for shopping in India.

2. Q: Which credit card offers the highest cashback in India?
A: The HDFC Bank Diners Black Credit Card offers the highest cashback among all credit cards in India.

3. Q: What is the best travel credit card in India?
A: The HDFC Bank Diners International is one of the best travel credit cards in India.

Conclusion
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Choosing the right credit card can significantly impact your financial health and lifestyle. This blog post provides a comprehensive guide to the best credit cards in India 2021 across various categories. We hope this helps you make an informed decision when choosing a credit card that suits your needs. Always remember to use your credit card responsibly, pay your bills on time, and enjoy the benefits it offers!