Luxury credit cards, or super-premium credit cards, are designed for high-income individuals who maintain a strong relationship with the bank. This relationship is measured by the total relationship value (TRV), which includes the total balances of all accounts with the bank, such as savings accounts, current accounts, credit card accounts, loans and insurance policies.
Super-premium credit cards offer higher rewards and exclusive benefits. These include access to premium hotel loyalty programmes, unlimited lounge access, VIP airport services and complimentary golf games.
These cards have strict eligibility requirements, such as a high monthly income and an excellent CIBIL score. A strong relationship value with the issuer is also necessary.
Despite the high fees, the benefits usually outweigh the costs. We’ve put together a list of the best premium credit cards in India, highlighting their unique features and advantages.
Also read: 5 best credit cards for airport lounge access in June 2024
Top Premium Credit Cards in India for September 2024 (Source-Paisabazaar)
HDFC Infinia Credit Card Metal Edition
Joining Fee: Rs 12,500
Annual/Renewal Fee: Rs 12,500
Airport Lounge Access: Unlimited for primary and add-on members
Reward Points:
10x points on travel and shopping spends via Smartbuy
5 points for every Rs 150 spent (includes insurance, utilities, and education)
HDFC Diners Club Black Credit Card
Joining Fee: Rs 10,000
Annual/Renewal Fee: Rs 10,000
Airport Lounge Access: Unlimited for primary and add-on members
Base Rewards Rate: 3.33% with 5 reward points for every Rs 150 spent
Bonus Reward Points:
Up to 10X on SmartBuy
2X on weekend dining with up to 1:1 redemption ratio
Forex Markup Fee: Low at 2%
Annual Spend Benefit: Renewal of complimentary memberships on spending Rs 8 lakh annually
Axis Bank Olympus Credit Card
Joining Fee: Rs 20,000
Annual/Renewal Fee: Rs 20,000
Airport Lounge Access: Unlimited domestic and international access
Reward Points: Up to 2 EDGE Miles for every ₹100 spent (1 EDGE Mile = 4 Partner Points)
Welcome/Renewal Benefits:
Taj Epicure membership
Rs 10,000 Taj/ITC Hotels voucher
2,500 EDGE Miles
Stay Benefit: 3rd night free when booking a minimum of 3 nights via Hotels.com
Complimentary Services: Airport concierge services, including meet-and-greet and transfers
Golf Benefits: 8 complimentary rounds at domestic golf clubs with 1 guest visit per round
Also read: 5 best credit cards for airport lounge access in India for July 2024
ICICI Emeralde Private Metal Credit Card
Joining Fee: Rs 12,499
Annual/Renewal Fee: Rs 12,499
Memberships: Taj Epicure & EazyDiner Prime
Airport Lounge Access: Unlimited visits
EaseMyTrip Vouchers: Rs 3,000 voucher upon reaching annual spending milestones of Rs 4 lakh and Rs 8 lakh
Golf Benefits: Unlimited golf lessons or rounds every month with a Golftripz account
EazyDiner Benefits:
Up to 50% off on dining in India & Dubai
2,000 EazyPoints on joining
BookMyShow Offer: Buy 1 ticket and get up to ₹750 off on the 2nd ticket, twice a month
Axis Magnus Credit Card
Joining Fee: Rs 12,500
Annual/Renewal Fee: Rs 12,500
Airport Lounge Access: Unlimited international and domestic visits, plus 4 additional guest visits
Reward Points: Up to 60 EDGE reward points for every Rs 200 spent
Forex Markup Fee: Low at 2%
Rewards Conversion: Convert rewards into Air Miles or Hotel Loyalty points at a ratio of 5:2
Welcome Offer: Luxe gift card, The Postcard Hotels, or Yatra voucher worth ₹12,500 on the first transaction within 30 days of card issuance.
YES Bank Marquee Credit Card
Joining Fee: Rs 9,999
Annual/Renewal Fee: Rs 4,999
Reward Points:
36 YES Rewardz Points for every Rs 200 spent online
18 YES Rewardz Points for every Rs 200 spent offline
Airport Lounge Access: Up to 24 domestic and unlimited international visits per year
Forex Markup Fee: 1%
Golf Benefits: Up to 12 complimentary golf lessons and 4 green fee waivers at select golf courses in India
Welcome & Renewal Points:
60,000 YES Rewardz Points on joining
20,000 YES Rewardz Points on renewal fee payments
BookMyShow Offer: Buy 1 ticket, get up to ₹800 off on the 2nd ticket, with a maximum of 3 free tickets per month
Also read: ICICI Bank updates debit card airport lounge access rules from Oct 1 – THESE cards impacted
Axis Bank Reserve Credit Card
Joining Fee: Rs 50,000
Annual/Renewal Fee: Rs 50,000
Airport Lounge Access: Unlimited domestic and international visits via Priority Pass
Forex Markup Fee: Low at 1.5% with 2X reward points on international spends
Reward Points: Up to 30 EDGE reward points for every Rs 200 spent
BookMyShow Offer: Buy 1 ticket, get 1 free, with up to 5 offer tickets per month
Memberships: Includes ITC Culinaire, Accor Plus, Club Marriott, and EazyDiner Prime, along with offers on Postcard and Oberoi hotels.
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