Best free credit cards in India for 2024

Credit cards, often seen as plastic enticements, offer a world of convenience and rewards. But for the cost-conscious Indian, annual fees can turn that world into a mirage. Fear not, budget-savvy friends! There’s a hidden oasis in the credit card desert: the free credit card! But wait, what’s the catch?

Worry not, for I’ve ventured into the depths of free credit card offerings and unearthed three gems, each with its own charm and quirks. Let’s explore these freebie wonders:

1. IDFC FIRST Millennia Credit Card:


  • Truly Free: No annual or joining fees, ever!
  • Rewarding Rebate: Up to 10X reward points on specific spends, 3% on everything else.
  • International Appeal: Free lounge access at select airports globally.
  • Bonus Perks: Up to 50% instant discounts on dining and movies.
 IDFC FIRST Millennia Credit Card


  • Lower Spending Limit: Lower credit limit compared to some cards.
  • Restricted Rewards: Points can only be redeemed for merchandise or vouchers.

Price: Free | Annual Fee: 0 | Website:

2. Axis Bank Neo Credit Card:


  • Welcome Gift: Up to ₹2,500 worth of vouchers/cashback.
  • Contactless Convenience: Tap and pay with ease.
  • Dining Delights: Up to 5% cashback on dining and groceries.
  • Fuel Friendly: 1% fuel surcharge waiver at IndianOil pumps.
Axis Bank Neo Credit Card


  • Joining Fee: One-time joining fee of ₹499.
  • Lower Rewards Rate: Lower base reward rate compared to IDFC FIRST.
  • Limited Lounge Access: Free lounge access only at domestic airports.

Price: Free (after joining fee) | Annual Fee: 0 | Website:

3. RBL Shoppers Stop Platinum Credit Card:


  • Retail Royalty: Up to 5% reward points on Shoppers Stop spends, 2% on others.
  • Welcome Bonus: 2,000 bonus points on first transaction.
  • Movie Magic: Buy one, get one free movie tickets on Mondays.
  • Fuel Surcharge Waiver: 1% fuel surcharge waiver at all fuel stations.
RBL Shoppers Stop Platinum Credit Card


  • Limited Focus: Rewards heavily skewed towards Shoppers Stop purchases.
  • Joining Fee: One-time joining fee of ₹499.
  • Annual Fee Waiver: Requires minimum annual spend to avoid yearly fee.

Price: Free (after joining fee) | Annual Fee: ₹499 (waived upon spending ₹30,000 annually) | Website:

So, which free card is your perfect match? It depends on your spending habits and priorities. The IDFC FIRST shines for pure rewards, Axis Neo ticks the convenience box, while RBL Shoppers Stop caters to retail enthusiasts.


  • Read the fine print: Free doesn’t always mean completely free. Watch out for joining fees, annual fees, and hidden charges.
  • Track your spending: Stay within your credit limit and manage your expenses responsibly.
  • Choose wisely: Don’t get lured by shiny offers. Pick a card that aligns with your lifestyle and spending patterns.

With the right free credit card, you can unlock a world of benefits without breaking the bank. So, ditch the annual fee fear and embrace the freebie freedom!


Q: What is a free credit card?

  • A: A credit card that doesn’t charge an annual fee, which is a common cost associated with most credit cards. Some free cards might have a joining fee, but this is a one-time charge person holding a credit card with a banner that says No Annual Fee

Q: What are the benefits of a free credit card?

  • A:
    • No annual fee to worry about, saving you money.
    • Still offer rewards and benefits, like cashback, discounts, and lounge access.
    • Can help you build credit history if used responsibly.

Q: What are the drawbacks of a free credit card?

  • A:
    • Might have lower credit limits compared to premium cards.
    • Rewards might not be as generous as those offered by cards with annual fees.
    • Some might have joining fees or other charges.

Q: What are some of the best free credit cards in India?

  • A:
    • IDFC FIRST Millennia Credit Card
    • Axis Bank Neo Credit Card
    • RBL Shoppers Stop Platinum Credit Card
    • Amazon Pay ICICI Credit Card
    • Standard Chartered Platinum Rewards Credit Card

Q: How do I choose the right free credit card for me?

  • A: Consider your spending habits and priorities. Choose a card that offers rewards and benefits that align with your lifestyle. For example:
    • If you frequently shop online, look for a card with cashback on online purchases.
    • If you travel often, consider a card with airport lounge access.
    • If you dine out regularly, choose a card with rewards for restaurants.

Q: What are some things to watch out for when applying for a free credit card?

  • A:
    • Read the fine print carefully to understand any joining fees, annual fees, or hidden charges.
    • Make sure you meet the eligibility criteria for the card.
    • Track your spending carefully to avoid going over your credit limit.
    • Pay your bills on time to maintain a good credit score.

Q: Where can I find more information about free credit cards?

  • A: You can visit the websites of banks and financial institutions to compare different card options. You can also read online reviews and compare cards on websites like Paisabazaar and BankBazaar.

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