Monday, 12 June 2023

Which is the best credit card for utility payments in India?

There are many good credit cards for utility payments in India. Some of the best options include:

  • Citi Cash Back Credit Card: This card offers 5% cashback on utility bills, up to Rs.100 per month. It also has a welcome bonus of 5000 reward points on spending Rs.3000 in the first 3 months. The annual fee is Rs.500.
  • HDFC Bank Bharat Cashback Credit Card: This card also offers 5% cashback on utility bills, up to Rs.100 per month. It has a lower annual fee of Rs.250.
  • ICICI Bank SimplyClick Credit Card: This card offers 3% cashback on utility bills, up to Rs.500 per month. It has a welcome bonus of 1000 reward points on spending Rs.2000 in the first 3 months. The annual fee is Rs.499.

When choosing a credit card for utility payments, it is important to consider the following factors:

  • Rewards: Look for a card that offers a high cashback rate on utility bills.
  • Annual fee: Some cards have an annual fee, so be sure to factor this into your decision.
  • Welcome bonus: Many cards offer a welcome bonus, such as reward points or cash back, when you spend a certain amount in the first few months.
  • Other benefits: Some cards offer other benefits, such as travel insurance or discounts on airfare.

It is also important to make sure that you are eligible for the card. Some cards have a minimum income requirement or a good credit score. 

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