BANGALORE: People own credit cards because their banks offer them, but the truth is that no one knows to use it properly. There are different kinds of credit cards, but the ones for the salaried professionals come with fixed deposits and other add-on schemes.

Usually, the credit limit on your card is based on your annual income and credit history. Every bank has different policies when offering a credit limit, but mostly, the more the annual income the more will be your credit limit.  

Let’s have a quick look at some of the best cards for salaried professionals as compiled by Yahoo Finance:

1. Platinum Credit Card- Citibank

Platinum credit card is a card offered by Citibank which comes with zero charges on both the annual fees and joining fees. But often you will find that most of the banks offer credit cards with a high rate of annual fees and joining fees. The bank offers a monthly interest of usually 3.25 percent which can be changed depending on the expenses or paybacks from your credit card.

For salaried professionals Platinum Credit Card is the best as it is loaded with features. It offers 5x rewards at restaurants and shopping along with discounts and offers on various options that are related to movie tickets, travel and also on EMIs.