Best credit card rewards

February 4, 2017 Finance Talk Valli Sarvani No comments

Almost everyone who uses bank accounts have a credit card these days.

They are convenient and make shopping or purchases easier.

However, why stop there when you can have more benefits for using credit cards.

Do you know that various banks offer rewards for using their cards?

Read on to know about the best of such rewards.

Standard Chartered Manhattan Card

This is one of the best cards for those living in cities. As many urban users buy groceries in supermarkets, this card will give 5 percent cashback on such grocery purchases. This is the only card offering 5 percent cashback on groceries.

It also offers 5x rewards for booking Hotels, Dining, Airline ticket, and Fuel. It offers ₹500 cashback every month and ₹150 per transaction. The card has an annual fee of ₹999.

American Express Gold Card

This card offers 1000 bonus membership rewards points for using it 4 times on transactions of ₹1,000 and above every month. You will also get a welcome gift of 4,000 Membership Rewards Point after first 3 spends in 60 days. Every ₹50 spent gives 1 MR point.

SBI Simply Click Credit Card

This is the best card for online shopping. There are many offers that can be availed using the card. Users also get a welcome e-gift voucher worth ₹500 from Amazon. A Cleartrip e-voucher worth ₹2,000 is give on annual online spending of ₹1 Lakh and another will be given on another 1Lakh of purchase.

SBI Signature Credit Card (Elite)

This card has an annual fee of ₹4,999. Every year, the users get ₹30,000 worth benefits. There is even a welcome gift worth ₹5,000.

Every month, the card users get 2 free movie tickets from Bookmyshow. For every ₹100 spent on dining, departmental stores, grocery & international spends, user gets 10 reward points.

American Express Platinum Travel Card

This card is the best for travelers. It has an annual fee of ₹3,500 on first year and from the second year it is ₹5,000.

The card offers various rewards related to flight tickets. A welcome gift of 5,000 milestone bonus membership rewards points for IndiGo are given. They can be used to redeem Vouchers worth ₹4000.

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