Check out the primary eligibility criteria for credit cards The eligibility criteria for a credit card are dependent on a range of factors. By making timely payments on your card and in full, you receive a positive credit score for credit bureau, CIBIL. Owning a credit card helps you build a healthy CIBIL score. The feature allows the credit card members to convert their credit card transactions into easy monthly instalments (EMIs).

Today, most credit cards that are issued in India are international credit cards and are accepted by various merchants all over the world.

Some premier cards provide a comprehensive insurance policy that provides coverage against air accidents, life, lost baggage, lost card, outstanding, etc.Ĭredit cardholders can transfer the outstanding balance of their existing cards issued by one bank to the credit card account of another bank. Many banks allow their credit cardholders to apply for add-on credit cards for their immediate family members. The offer varies from one bank to another. Some credit cards offer complimentary airport lounge access to cardholders.

Travel benefits of credit cards include air miles, airport lounge access, travel insurance, airline offers, hotel offers, etc.

Many credit cards offer cashback benefits to the customers.Ĭardholders can enjoy various lifestyle benefits on their credit cards, such as offers on dining, shopping, wellness, entertainment, etc. Many banks offer a welcome gift to new credit card applicants once the card is issued to them in the form of bonus reward points, vouchers, discounts, etc.Īll credit cards generally have a reward program, which allows cardholders to earn reward points on every transaction they make using their cards.īanks offer a fuel surcharge waiver to the cardholders on spending a specific amount of money on fuel every month.

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