Which is The Best Lifetime Free Online Credit Card?

Most credit card issuing banks and companies levy a certain charge on the usage of those cards. These charges include joining fees, annual fees, maintenance charges, card renewal fees, and other charges as per the norms stated by the government and the respective product policies of card-issuing banks and companies. These charges can vary based on the type of credit card issued and its terms and conditions of usage.

A lifetime free credit card, also known as a "zero annual fee credit card" or "no annual fee credit card", is one that waivers annual fees for its users. The cardholder might get charged for additional services such as a hard copy of monthly statements or other added services, but there is no joining or annual fee.

Below we have analyzed some of the best lifetime free online credit cards offered by Indian banks and companies.

Bajaj Finserv RBL Bank Platinum Choice First-Year-Free SuperCard

This card has no joining fee, and the annual fees of Rs 499 for the first year are waived off for the cardholders. In addition to this, the cardholders can avail of benefits such as offers on movie tickets, emergency personal loans, EMI conversion, fuel surcharge waivers, and interest-free ATM cash withdrawals.

SBI Card Unnati

The SBI Card Unnati has no joining and renewal fees. The annual charges are waived off for the first 4 years. It offers additional benefits such as a fuel surcharge waiver, cashback, and reward points on transactions of a value of more than Rs 100.

HSBC Visa Platinum Card

This is a lifetime free credit card of the HSBC Platinum series and is best used for basic usages such as regular shopping spending, dining, and movie tickets. It has no annual fee and offers additional benefits such as air miles conversion, fuel surcharge waiver, cashback, entertainment ticket vouchers, and reward points.

IndusInd Bank Platinum Card

There are no joining and annual maintenance fees for the IndusInd Bank Platinum card. Benefits for cardholders include insurance benefits, a "Buy 1 Get 1" free offer on the purchase of movie tickets, and a fuel surcharge waiver.

YES Prosperity Reward Plus Card

This is another fine offering in the lifetime free online credit card segment by YES Bank. It offers annual bonus rewards, accelerated reward points on certain transactions, and a fuel surcharge waiver to the cardholders. YES Bank offers some of the best rewards credit cards among all banks and companies.

Kotak Fortune Gold Credit Card

The Kotak bank credit card offers high cash limits, railway surcharge waiver, and fuel surcharge waiver to its holders without the hassles of annual maintenance or renewal fees.

Final Thoughts

As a first-time credit card user, you should apply for a rewards point credit card without annual maintenance fees. If you want a credit card that offers better perks, you should apply for a Bajaj Finserv credit card, as many variations can suit your requirements. In any scenario, you should calculate the benefits of the return with the credit card's annual fee. 

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