5 Premium Credit Cards In India You Can Apply

In my previous post, I shared details about the best airline credit cards and the 15 best general-purpose credit cards in India.

Most credit cards are having the same features as Fuel Benefits, Shopping, Travel, Rewards points, Cashback, etc.

5 Best Premium Credit Cards In India.

But few credit cards are specially designed for a shown premium lifestyle.

Earlier in 1950 while Dinners Club launched its first universal card.

Plastic money started to create new history.

Now in 2020, there are almost 50+ credit cards that only millionaires possess.

But still, you can afford luxury with some premium credit cards.

Read: Best credit cards in India list

These cards are international credit cards and will provide you with the same benefits out of India too.

Applying for premium credit cards in India you just need to get a monthly salary of more than 50K per month with at least six months old CIBIL (Credit Score).

Suggested Read: Quick Tips To Improve Your Low CIBIL Score

 

American Express Platinum Travel Credit Card

American Express is an International financial brand name working in more than 78+ countries worldwide.

After its establishment in 1850 Amex launched its first Gold credit card in 1966 and platinum credit card in 1984.

And American Express Platinum Travel is one of the best premium cards for domestic and international card users in India.

Platinum Travel is a multi-purpose credit card. Which gives you the benefits of Domestic & International Travel, Shopping, Dining, Rewards, Movies, etc.

With more than 20K INR worth of benefits, this card gives you premium features.

Read American Express Platinum Travel Credit Card Review.

SBI Signature Credit Card

With some awesome privileges, SBI Signature is the best premium credit card for Government bank credit card lovers.

This card has all the required benefits for its users.

SBI Signature is an International credit card so you can use this card anywhere in the world.

The card is accepted at more than 2 million Visa outlets worldwide and over 2,85,000 outlets in India.

Up to 50 days of interest-free time and a cash advance facility will help you to manage your spending.

HDFC Regalia Credit Card

Almost 70% of credit card users in India are using at least 1 HDFC credit card (or have used one ever).

From a beginner to a premium, HDFC Bank is providing a big range of multi-purpose credit cards for card users in India.

And HDFC Regalia is a popular card for credit card users.

With Travel, Shopping, Movies, Cashback, Unlimited Rewards and other premium benefits you can use this card Internationally.

With all the other premium card features you can also enjoy domestic and international lounge access benefits.

Read: Best Banks In India

ICICI Rubyx Credit Card

ICICI Bank credit cards are another choice for every card user. Bank offers many credit cards to users in India.

You can apply for any card as per your needs and income criteria.

Being a Rubyx Card user you can avail some privileges of Welcome Gifts, Entertainment, Shopping, Travel, Golf, and Rewards. The

The Rubyx Card comes with 2 different payment gateway options. You can use this card at more than 1 million merchants in the world.

Standard Chartered Manhattan Credit Card

With 5% Cashback and multiple rewards benefits, SCB Manhattan Card is the perfect choice for every premium card user.

Standard Chartered is a UK-based bank and you can use Manhattan Card at more than 2.5 million merchants worldwide.

SCB Manhattan card gives you 5% cashback on supermarkets and retail stores.

And 3x reward points on fuel, travel, hotels, and dining.

In the premium credit cards category with its, all premium benefits this card has the lowest annual fee of INR 1000/- only. 

Eligibility Criteria For Premium Credit Cards:

Unlike the other basic credit cards, you need to fulfil a few more requirements for these credit cards. Banks generally offer these cards to their premium customers only.

The customer who has a good monthly income is either salaried or self-employed.

Most of the premium credit cards required a minimum income of 5 lac per annum to 6 lac and it’s increased as per the card category.

If you choose a super premium credit card then this requirement can be a minimum of 30 lac per annum.

Documents Required :

Every applicant has to submit his /her own documents for verifying the customer details. Below are the documents the bank required for verification.

Colour passport-size photograph

Pan Card Photocopy

Residence/Address proof

Income proof ( Salary Slip / ITR Copy )

Bank Statement

Company ID card / Visiting card ( Required in a few cases)

Credit Score:

Applicants should have a good credit score while applying for these premium credit cards.

Many times bank prefer customers who has a good credit line or Cibil Score.

Your existing credit line should be clear. A score between 750 to 900 is considered best for applying for these cards.

Also Read:

5 Super-premium credit cards in India.

11 best credit cards for beginners in India.

15 credit cards for daily card users in India.

10 credit cards for a low salary.