Finding the right rewards card can significantly enhance your financial experience. As we look forward to 2024, the realm of rewards credit cards is expected to offer even more enticing benefits and perks.
From cashback on everyday purchases to exclusive discounts on popular platforms, these credit cards are designed to cater to diverse spending habits. Let’s explore the best rewards credit cards that you can anticipate in 2024, promising a blend of financial flexibility and rewarding experiences.
Here are the top rewards credit cards to look forward to in 2024.
SBI SimplySAVE Credit Card
The SBI SimplySAVE Credit Card, with an annual fee of INR 499 + taxes, provides a fee waiver on reaching an annual spend of INR 1 lakh. New cardholders enjoy welcome benefits, including 2,000 bonus reward points on spending INR 2,000 or more within the first 60 days. The card offers 10X reward points on dining, movies, departmental stores, and grocery spends, and 1 reward point per INR 100 on other expenditures.
These reward points, valued at INR 0.25 per point, can be redeemed to pay the outstanding balance or for purchases on the SBI website. Additional features include a 1% fuel surcharge waiver, add-on cards for family members, balance transfer on EMIs, and the Easy Money facility, allowing users to obtain a cheque based on the credit limit.
SimplyCLICK SBI Credit Card
On the SimplyCLICK SBI Card, you can receive an Amazon.in gift card worth INR 500 upon payment of the annual fee of INR 499 + taxes. The card offers attractive reward points, allowing users to earn 10X Reward Points on online spends with exclusive partners like Apollo 24×7, BookMyShow, Cleartrip, Dominos, Myntra, Netmeds, Swiggy, and Yatra.
Additionally, 5X Reward Points are earned on all other online spends. Users can also benefit from e-Vouchers worth INR 2,000 each upon reaching annual online spends of 1 Lakh and 2 Lakh, with e-Voucher options from Cleartrip and Yatra.
For those who value fuel freedom, the card provides a 1% fuel surcharge waiver for each transaction between INR 500 and INR 3,000 (exclusive of GST and other charges). Moreover, the card offers an Annual Fee Reversal feature, where spending INR 1,00,000 allows the annual fee of INR 499 to be reversed for the subsequent year. The card is equipped with Contactless Technology, enabling users to make secure transactions by simply waving the card at a contactless reader.
The American Express SmartEarn™ Credit Card
The American Express SmartEarn™ Credit Card offers an array of rewards and benefits. Cardholders can earn 10X Membership Rewards® on transactions with Zomato, Ajio, Nykaa, BookMyShow, Uber, and more, for every INR 50 spent.
Additionally, 5X Membership Rewards® are earned on transactions with Amazon and Paytm Wallet. For all other spends, cardholders earn 1 membership Rewards Point for every INR 50 spent, excluding fuel, insurance, utilities, cash transactions, and EMI conversions at the Point of Sale.
Cardholders can earn up to 1,250 membership Rewards points monthly by spending just INR 7,500. The SmartEarn Credit Card provides specific points for spending with partner merchants, such as Zomato, BookMyShow, Flipkart, Uber, Amazon, and Paytm Wallet.
The card comes with various privileges, including flexibility in bill payment, the option to convert spends into easy monthly installments with American Express EMI, fuel convenience fee waiver, and 24×7 card-related assistance. Additionally, services like dispute resolution, zero lost card liability, and emergency card replacement enhance the overall cardholder experience.
ShopRite Credit Card
The ShopRite Credit Card provides a head start of 2,000 Reward Points for new cardholders. Card users can accumulate 1 reward point for every INR 100 spent on purchases, excluding categories like fuel, railways, utility, rental, and miscellaneous. The annual fee is INR 500 and taxes.
For grocery spends, cardholders can enjoy a 5% value back along with earning 20 reward points for every INR 100 spent on grocery shopping. The maximum reward points that can be earned in this category are capped at 1,000 points per month.
There is a 10% discount on movies. Cardholders receive a 10% discount (up to INR 100) on movie tickets booked through BookMyShow up to 15 times a year. To avail of this offer, users need to select the RBL Bank 10% offer under credit card offers and discounts after selecting their movie on BookMyShow.
It also has a fuel surcharge waiver for transactions between INR 500 and INR 4,000 at all fuel stations, with a maximum waiver of INR 100 per month. This feature adds value to fuel-related expenses for cardholders.
Standard Chartered Platinum Rewards Credit Card
The Standard Chartered Platinum Rewards Credit Card offers a range of benefits to its users. With a nominal joining fee of INR 250, cardholders can enjoy a variety of rewards and additional perks. The renewal fee of INR 250 is waived off when the annual spending on the card reaches INR 60,000.
In terms of reward points, cardholders earn 5 reward points for every INR 150 spent on hotels, restaurants, and fuel. For all other categories, the card provides 1 reward point for every INR150 spent. This allows users to accumulate points quickly and enjoy various redemption options.
The card offers a 100% cashback of up to INR 500 on restaurant spends within the first 90 days from the date of activation. It also provides the convenience of video KYC for quick approval, streamlining the application process. The renewal fee waived off when the annual spending on the card reaches or exceeds INR 60,000, providing users with a cost-effective credit card option.
