Paying the annual maintenance charge for your existing credit cards may be frustrating. To solve this inconvenience, financial institutions now offer lifetime free credit cards. By obtaining it, you can not only dodge your obligations to pay the annual fee but can also leverage several additional benefits. The lifetime free credit cards let you enjoy cash back, discounts, and various lifestyle benefits. This is why you must be fully aware of the best options available in the market while applying for one such card.
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Best 10 Lifetime Free Credit Cards Available in India
Here are the top 10 lifetime free credit cards in India, along with the benefits they offer:
| Cards | Benefits |
| Axis Bank Select Credit Card |
|
| Amazon Pay ICICI Bank Credit Card |
|
| SBI Card Unnati |
|
| IndusInd Bank Platinum Card |
|
| Axis Insta Easy Credit Card |
|
| HSBC Visa Platinum Card |
|
| ICICI Bank Platinum Chip Credit Card |
|
| Kotak Fortune Gold Credit Card |
|
| IDFC FIRST Select Credit Card |
|
| Bank of Baroda Prime Credit Card |
|
Advantages of Lifetime Free Credit Cards
Here are some of the must-know features of these credit cards:
- Zero Annual Fee
One of the major advantages of this card is that you do not need to pay any annual charges to your financial institution. This way, once you avail of this card, you do not need to bother about paying fees towards its maintenance.
- Easy Approval
The eligibility standards for a lifetime free credit card are generally lenient. You do not need a higher income to get it from the issuer. As a result, the financial institutions approve your request for the card quickly without much hesitation.
- Rewards
The card issuers also let you enjoy cash back offers and special rewards on the selected category of items. The rate of discounts varies according to your invoice amount.
- Lifestyle Benefits
Most financial institutions also let you access airport lounges or obtain dining, food delivery and online shopping at discounts. Some of them also offer free of cost movie tickets. So, while choosing a credit card issuer, you need to consider checking these lifestyle benefits to get the most out of your card.
Application Process for a Lifetime Free Credit Cards
Following is the step-by-step process to apply for the instant credit card:
Step 1: Visit the official website of your selected financial institution offering the card
Step 2: Go to the section for lifetime free credit card
Step 3: Read the eligibility standards and click on ‘Apply Now’ if you meet all the parameters
Step 4: Provide personal and income details
Step 5: Attach necessary documents such as salary slip
Step 6: Submit your filled-in application form
After this, you will successfully complete your application process for this type of credit card.
Eligibility Standards for Lifetime Free Credit Card
Here are the basic eligibility parameters for the no-annual fee credit card:
- Age: 21 to 60 years
- Employment: Both self-employed and salaried individuals are eligible
Documents Required While Applying for a Lifetime Free Credit Card
Following are some of the documents you need to submit while applying for the instant credit card:
- Address Proof: Passport, Aadhaar card, driving licence, electricity bill, etc.
- Identity Proof: PAN card, Aadhaar card, etc.
- Income Proof: ITR documents, salary slips, bank statements, etc.
To conclude, a lifetime free credit card can be one of the best solutions if paying an annual fee is a troublesome affair for you. Card issuers also provide various additional benefits on top of this facility. So, you need to select one of these cards after carefully comparing all the benefits you can enjoy from it.
