Types of Credit Cards in India - Part 1

There are many banks in India that provide various types of credit cards. Distributed cards based on the prizes and benefits they offer and income and expenditure of applicants' needs. Customers can choose any credit card that helps them utilize many benefits and are ideal matching for their needs. For example - if you travel a lot, then travel cards are the best for you because it can help you get air miles, airport lounge access, etc. In India, credit cards are offered to work with the following payment networks - Visa, MasterCard, American Express, Diner clubs, etc.

The different categories of credit cards are 1) Fuel Credit Cards 2) Contactless Credit Cards 3) Credit cards for Women 4) Travel Credit Cards 5) Cashback Credit Cards 6) Co-branded Credit Cards 7) Rewards Credit Cards 8) Business Credit Cards 9) Lifestyle Credit Cards 10) Entertainment Credit Cards 11) Premium/Signature Credit Cards 12) Prepaid Credit Cards 13) Gold Credit Cards 14) Silver Credit Cards 15) Classic Credit Cards 16) Titanium Credit Cards 17) Platinum Credit Cards 18) Fuel Credit Cards

Fuel credit cards offer benefits to any fuel transactions made by cardholders. This card helps customers save refueling by giving them a cashback offer and neglect of additional fuel costs. Some banks also offer accelerated award points on fuel transactions, if made in certain gas stations throughout India. Accumulation of Rewards Points can be redeemed to refuel for predetermined values. Other additional benefits include activation bonuses, entertainment benefits, eating places, hotels and health offers, etc.

Credit cards without contacts are equipped with unique payment technology that allows cardholders to make payments by just tapping their cards in the postal terminal. This contact without contact does not require customers to enter any pin number to make purchases and are very safe. These cards offer several benefits such as discounts, money benefits, entertainment benefits, gift points, welcome gifts, access lounges, concierge services, insurance policies, etc.

Credit cards for women to ensure their female customers get maximum benefits, some banks have introduced a credit card specifically designed for women. This female credit card mainly focuses on shopping gifts and cashback offers. Apart from this, the card holder can obtain bonus prize points, neglect of additional fuels, insurance, etc. They can also get prize points when they make a purchase using their credit card. There are several credit cards for women who offer exceptional travel benefits.

Travel credit cards are popular because of the benefits of trips without the limits they offer. These cards not only offer the benefits of travel in India, but also abroad. Most banks have been tied with airlines or travel companies to offer travel credit cards. When customers use this card to make travel transactions, they can get air miles. Apart from this, several travel cards provide access to the airport lounge to customers. The gift points produced by the customer on these cards can be converted to water miles, which can then be used to order flight tickets and increase seats. Travel cards also provide hotel and vacation offers, golf offers, dew offers, travel insurance, etc.

Cashback credit cards offer cashback to customers on their transactions, which vary from 5% to 20% depending on the category of expenditure. Cashback can be obtained with bill payments, book ticket bookings, retail purchases, feeding bills, purchasing food ingredients, etc. The main features available with each cashback card are the neglect of additional fuels, reversal of annual fees, dining rooms, and award programs, global acceptance programs, transfer balances, etc.