Searching for the best instant credit card in India for 2023? You’re in the right place. Whether you like cashback, lounge access, free hotel stays, or business-class tickets, you’ll find it all here.
I’ve looked at 150+ credit cards from different banks in India and made a list of the best ones for 2023, catering to different needs.
I have about 10+ active credit cards in my wallet, and the list below includes the ones I use and more. Let’s quickly look at them before we go into the details.
Key Features of Best Instant-Approval Credit Cards
- Quick Application Process
- Minimal Documentation
- Immediate Access to Credit
Check out this simple list of the best instant approval credit cards in India.
Popular Instant-Approval Credit Cards in India
SBI Cashback Card
| SBI Cashback Card Overview |
Best for: Earn up to 5% cashback on online purchases.
Read Review and Apply:Â SBI Cashback Card Review
| Cashback Rewards: Earn attractive cashback on various transactions, providing savings on your expenses. |
| Welcome Benefits: Enjoy exclusive welcome rewards upon activation of the SBI Cashback Card. |
| Utility bill payments: Conveniently pay utility bills using the SBI Cashback Card and earn cashback on those transactions. |
| Additional Benefits: Explore any additional perks, such as discounts on partner merchants, travel benefits, or lifestyle privileges. |
| Easy Redemption: Redeem earned cashback easily, providing you with tangible benefits. |
| Terms and Conditions: Familiarize yourself with the terms and conditions of the SBI Cashback Card to make the most of its features. |
Read More: Questions to Prepare While Negotiating Your Credit Limit?
ICICI Bank Instant Platinum Credit Card
Let’s see the key features of the ICICI Bank Instant Platinum Credit Card:
| Instant Issuance: Get your credit card swiftly with an instant approval process. |
| No Joining Fee: Enjoy the benefits without any initial joining fee. |
| Fuel Surcharge Waiver: Save more with a waiver on fuel surcharge at participating petrol pumps. |
| Credit Limit: Benefit from a credit limit based on your creditworthiness. |
| Security: Enhanced security with the embedded microchip for transactions |
| Contactless Payments: Make quick and secure payments with the contactless feature. |
| Discounts and Offers: Avail discounts and offers across various categories. |
| Online Account Management: Conveniently manage your card through online banking services. |
| Reward Points: Earn reward points on transactions for exciting redemption options. |
| Global Acceptance: Use the card internationally with acceptance across the globe. |
Read More: Top 17 Reasons to Get a Credit Card: Unlock Financial Freedom
HDFC Bank MoneyBack Credit Card
Let’s explore the key features of the HDFC Bank MoneyBack Credit Card
| Cashback Rewards: Earn cashback on your transactions, providing savings on your expenses. |
| Welcome Benefits: Enjoy welcome rewards or bonuses upon card activation. |
| Reward Points: Accumulate reward points on every purchase for future redemptions. |
| Fuel Surcharge Waiver: Avail a waiver on fuel surcharge at select petrol pumps. |
| Zero Liability on Lost Cards: Benefit from zero liability on lost or stolen cards when reported promptly. |
| Contactless Payments: Experience swift and secure payments with the contactless feature. |
| Milestone Rewards: Unlock additional rewards upon reaching specified spending milestones. |
| EMI Options: Convert large transactions into easy EMIs for flexible payments. |
| Global Acceptance: Use the card internationally, thanks to its widespread acceptance. |
| Dining Discounts: Enjoy discounts at partner restaurants and dining outlets. |
Read More: Credit Card: The Resistance, Acceptance, and Growth In India
SBI Simply SAVE Credit Card
Let’s take a look at the key highlights of the SBI Simply SAVE Credit Card
| Reward Points: Earn reward points on various spending categories, including groceries and dining. |
| Welcome Benefits: Enjoy welcome rewards or bonuses upon card activation. |
| Fuel Surcharge Waiver: Get a waiver on fuel surcharge at specified petrol pumps. |
| Milestone Rewards: Unlock additional benefits and rewards upon reaching spending milestones. |
| Contactless Payments: Experience quick and secure payments with the contactless feature. |
| Flexipay: Convert large transactions into easy EMIs with the Flexipay option. |
| Spend-based Reversal: Avail an annual fee reversal based on your spending pattern. |
| Global Acceptance: Use the card internationally, with acceptance across a wide range of merchants. |
| Insurance Coverage: Benefit from accidental insurance coverage for added security. |
| Utility Bill Payments: Conveniently pay utility bills through the Easy Bill Pay facility. |
Read More: What Credit Score Is Needed for A Travel Credit Card?
Axis Bank Neo Credit Card
Let’s take a look at the key highlights of the SBI Simply SAVE Credit Card
| Reward Points: Earn reward points on various spending categories, including groceries and dining. |
| Welcome Benefits: Enjoy welcome rewards or bonuses upon card activation. |
| Fuel Surcharge Waiver: Get a waiver on fuel surcharge at specified petrol pumps. |
| Milestone Rewards: Unlock additional benefits and rewards upon reaching spending milestones. |
| Contactless Payments: Experience quick and secure payments with the contactless feature. |
| Flexipay: Convert large transactions into easy EMIs with the Flexipay option. |
| Spend-based Reversal: Avail an annual fee reversal based on your spending pattern. |
| Global Acceptance: Use the card internationally, with acceptance across a wide range of merchants. |
| Insurance Coverage: Benefit from accidental insurance coverage for added security. |
| Utility Bill Payments: Conveniently pay utility bills through the Easy Bill Pay facility. |
Kotak Mahindra Bank Aqua Gold Credit Card
Let’s take a look at the key highlights of the Kotak Mahindra Bank Aqua Gold Credit Card:
Read More: How can Credit Mix Boost Your Credit Score?
| Interest-Free Cash Withdrawals: Enjoy interest-free cash withdrawals for up to 48 days. |
| Fuel Surcharge Waiver: Avail a waiver on fuel surcharge at participating petrol pumps in India. |
| Add-on Card Benefits: Extend the card benefits to your family with supplementary or add-on cards. |
| Dining Discounts: Get special discounts on dining bills at partner restaurants. |
| Easy EMI Conversion: Convert high-value transactions into convenient EMIs. |
| Insurance Coverage: Benefit from insurance coverage for lost or stolen cards. |
| Global Acceptance: Use the card internationally with acceptance at various merchants. |
| Flexible Rewards Redemption: Redeem earned reward points for a variety of options, enhancing flexibility. |
| Contactless Payments: Experience quick and secure payments with the contactless feature. |
| Interest-Free Period: Enjoy an interest-free period of up to 48 days on retail purchases. |
Standard Chartered Manhattan Credit Card
Let’s explore the key highlights of the Standard Chartered Manhattan Credit Card:
Also Read: All You Need To Know About Credit Freeze
| Cashback on Grocery Spends: Earn attractive cashback on grocery shopping, providing savings on essential purchases. |
| Dining Discounts: Enjoy special discounts at partner restaurants and dining outlets. |
| Fuel Surcharge Waiver: Avail a waiver on fuel surcharges at specified petrol pumps. |
| Reward Points: Earn reward points on every transaction, redeemable for a variety of options. |
| Easy EMI Conversion: Convert significant transactions into easy EMIs for flexible payments. |
| Contactless Payments: Make secure and swift payments with the contactless feature. |
| Welcome Benefits: Enjoy welcome rewards or bonuses upon card activation. |
| Insurance Coverage: Benefit from insurance coverage for added security. |
| Online Shopping Discounts: Avail discounts and offers while shopping online with partner merchants. |
| Global Acceptance: Use the card internationally with acceptance at a wide range of merchants. |
Citibank Rewards Credit Card
Let’s take a look at the key highlights of the Citibank Rewards Credit Card:
Know More: New to Credit Cards – Stay Away From These Myths
| Reward Points on Every Spend: Earn reward points for every transaction, making your purchases more rewarding. |
| Welcome Benefits: Enjoy exciting welcome rewards or bonuses upon card activation. |
| Accelerated Rewards: Accelerate your reward earnings with bonus points in specific categories. |
| Redemption Options: Redeem earned points for a variety of options, including merchandise and vouchers. |
| Fuel Surcharge Waiver: Avail a waiver on fuel surcharges at specified petrol pumps. |
| Dining Privileges: Access special discounts and offers at partner restaurants and dining outlets. |
| Airport Lounge Access: Enjoy complimentary access to airport lounges across select locations. |
| Contactless Payments: Make quick and secure payments with the contactless feature. |
| Global Acceptance: Use the card internationally with acceptance at numerous merchants. |
| Flexible EMI Options: Convert high-value purchases into easy EMIs for convenient payments. |
YES Prosperity Edge Credit Card
Let’s explore the key highlights of the YES Prosperity Edge Credit Card:
Know More: Pros and Cons of Increasing Your Credit Card Limit
| Accelerated Rewards: Earn accelerated reward points in various categories, boosting your point accumulation. |
| Welcome Benefits: Enjoy exciting welcome rewards or bonuses upon card activation. |
| Annual Fee Reversal: Avail a reversal of the annual fee upon reaching specified spending milestones. |
| Dining Discounts: Access special discounts at partner restaurants and dining outlets. |
| Airport Lounge Access: Enjoy complimentary access to airport lounges across select locations. |
| Fuel Surcharge Waiver: Get a waiver on fuel surcharge at specified petrol pumps. |
| Reward Redemption Options: Redeem earned reward points for a range of options, including merchandise and vouchers. |
| Contactless Payments: Experience quick and secure payments with the contactless feature. |
| Global Acceptance: Use the card internationally with acceptance at various merchants. |
| Insurance Coverage: Benefit from insurance coverage for added security. |
IndusInd Bank Platinum Credit Card:
Let’s explore the key highlights of the YES Prosperity Edge Credit Card:
Also Read: Things That Are Ruining Your Credit Score
| Accelerated Rewards: Earn accelerated reward points on various categories, boosting your point accumulation. |
| Welcome Benefits: Enjoy exciting welcome rewards or bonuses upon card activation. |
| Annual Fee Reversal: Avail a reversal of the annual fee upon reaching specified spending milestones. |
| Dining Discounts: Access special discounts at partner restaurants and dining outlets. |
| Airport Lounge Access: Enjoy complimentary access to airport lounges across select locations. |
| Fuel Surcharge Waiver: Get a waiver on fuel surcharge at specified petrol pumps. |
| Reward Redemption Options: Redeem earned reward points for a range of options, including merchandise and vouchers. |
| Contactless Payments: Experience quick and secure payments with the contactless feature. |
| Global Acceptance: Use the card internationally with acceptance at various merchants. |
| Insurance Coverage: Benefit from insurance coverage for added security. |
RBL Bank Platinum Maxima Credit Card:
Let’s explore the key highlights of the RBL Bank Platinum Maxima Credit Card
| Welcome Benefits: Enjoy exclusive welcome rewards or bonuses upon card activation. |
| Reward Points on Spending: Earn reward points for every transaction, maximizing your benefits. |
| Airport Lounge Access: Experience luxury with complimentary access to airport lounges. |
| Dining Discounts: Access special discounts at partner restaurants and dining outlets. |
| Fuel Surcharge Waiver: Avail a waiver on fuel surcharges at specified petrol pumps. |
| Movie Ticket Discounts: Enjoy savings on movie tickets with special offers. |
| Travel and Lifestyle Benefits: Unlock a range of travel and lifestyle perks for an enriched experience. |
| Contactless Payments: Make secure and swift payments with the contactless feature. |
| Global Acceptance: Use the card internationally, with acceptance at various merchants. |
| Insurance Coverage: Benefit from insurance coverage for added security and peace of mind. |
HSBC Cashback Credit Card
Let’s explore the key highlights of the HSBC Cashback Credit Card:
Read More: What are Credit Card Interchange Rates?
| Welcome Benefits: Enjoy exclusive welcome rewards or bonuses upon card activation. |
| Reward Points on Spending: Earn accelerated reward points on various categories, maximizing your benefits. |
| Airport Lounge Access: Experience luxury with complimentary access to airport lounges. |
| Dining Discounts: Access special discounts at partner restaurants and dining outlets. |
| Travel Benefits: Unlock travel privileges, including discounts and offers on flights and hotels. |
| Fuel Surcharge Waiver: Avail a waiver on fuel surcharges at specified petrol pumps. |
| Contactless Payments: Make secure and swift payments with the contactless feature. |
| Global Acceptance: Use the card internationally with acceptance at various merchants. |
| Insurance Coverage: Benefit from insurance coverage for added security and peace of mind. |
This is a top pick for new cardholders this year because of its appealing 5% cashback offer, despite recent devaluations. The generous monthly cap of 5,000 INR equals spending up to 1 lakh each month.
*** Best Entry Level Credit Card ***
Conclusion:
Instant-approval credit cards stand out as a versatile and accessible financial tool. Offering quick approvals, minimal documentation, and a range of benefits, these cards cater to the needs of individuals in a fast-paced society. However, responsible usage and a thorough understanding of terms and conditions are imperative for a positive credit experience.
FAQs About Instant-Approval Credit Cards in India
Instant-approval credit cards have become a popular choice for individuals seeking quick access to financial tools.
The best option for individuals with poor credit scores is to apply for a secured credit card
An application document is like a long-lasting model that has a universal identification, timestamps to keep track of when things happen, an audit log for monitoring, and life cycle callbacks that act as hooks for callback workers.
Contact your bank or credit union at least two months before your planned travel date for a hassle-free experience.
Yes, the annual fee levied on your instant credit card is contingent on the policies set by your credit card provider.
