HDFC Bank

Card: Platinum plus Credit Card

HDFC offers a platinum credit card with the monthly interest of 3.15 percent.

The annual fee is charged with 299, but in case you have spent more than 30,000 through your credit card within the 12 months, the bank will not change annual fees for that year.

When it comes to repaying your credit debts, it’s always better to pay it on time. In case you are not able to pay it before the given time, you don’t have to worry, because HDFC charges low fees for late payment.

For instance, if your total balance is 100, you don’t have to pay any charge. If your total balance is between 100-500 and 500-5000, the charges will be 100 and 400 accordingly.

State Bank of India

Card: Gold and More Card

When it comes to annual fees and joining fees, SBI charges 499. If you make an expenditure of up to 75, 000 from your credit card within 12 months of the renewable date, the bank will free you from paying annual fees for that year.

Apart from that, Gold and More Card offers 2.5 percent cash back on all the departmental stores and shopping on groceries, cash back of 100 on the first ATM withdrawal and also provides add-on cards without any charges levied on it.

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