Which Cash Back Credit Card to apply?


There are 20 different cash back credit cards available in India and these cards offer a host of lucrative financial rewards to the cardholders. 

HSBC Gold Credit Card
Following are some salient features of HSBC Gold Credit Card:
Þ    There are 0% fuel surcharge facilities available at all outlets.
Þ    Renewal fees is INR 2,000.
Þ    There is balance transfer option.
Þ    Regular interest rate is 3.1% per month.
Þ    There is a maximum of 10% cash back offered on travel bookings.
Þ    Cash advance fee is 2.5%. Minimum cash advance fee is Rs. 250.
Þ    Credit limit is high.
Þ    Issuer is VISA.
Þ    There are no joining fees.
Þ    Issuing bank is HSBC.

Citibank Cash Back Credit Card
Following are some facts about Citibank Cash Back Credit Card:
Þ    There is a maximum of 30% cash back. This offer is available at some selected outlets in India.
Þ    Cash advance fee is 2.5% per month. Minimum cash advance fee is INR 250.
Þ    Cardholders always receive cash back benefits upon swiping the card at a particular outlet.
Þ    Card issuer is VISA.
Þ    There is a fuel transaction waiver. The rate is 2.5% and offer is valid only in petrol pumps of Indian Oil.
Þ    Issuing bank is Citibank.
Þ    There are no joining and renewal fees.
Þ    There is 0% fuel surcharge facility that is available only at Indian Oil outlets.
Þ    Regular interest rate is 3.19% or 38.28% per annum.

ABN AMRO Titanium One Credit Card
Following are main features of ABN AMRO Titanium One Credit Card:
Þ    There is a maximum of 2% cash back that is available on regular purchases.
Þ    Renewal fee is INR 2,000.
Þ    There is a maximum of 5% cash back that is available on payments of utility bills.
Þ    Regular interest rate is 3.5% per month.
Þ    There is 0% fuel surcharge facility that is available at all outlets.
Þ    Cash advance fee is 2.5%. Minimum cash advance fee is INR 300.
Þ    There is balance transfer option.
Þ    Issuer is MasterCard.
Þ    Credit limit is high.
Þ    Issuing bank is ABN Amro.
Þ    Joining fee is INR 500.

Following are some other cash back credit cards that are available in India:
Þ    Deutsche Bank Landmark Platinum Credit Card
Þ    SBI Gold and More Credit Card
Þ    ABN AMRO One Credit Card
Þ    SBI (State Bank Of India) Silver and More Credit Card
Þ    HDFC Bank Gold Credit Card
Þ    LG SBI Credit Card
Þ    HDFC Womans Gold Credit Card
Þ    Axis Bank Visa Platinum Credit Card
Þ    HDFC Bank Platinum Plus Credit Card
Þ    Taj Epicure Diners Club Credit Card
Þ    HDFC Bank Platinum Plus Credit Card
Þ    Kotak Mahindra Trump Gold Credit Card
Þ    HDFC Bank Value Plus Credit Card
Þ    ICICI Bank Ascent American Express Credit Card
Þ    Standard Chartered Super Value Titanium Credit Card
Þ    ICICI Bank Platinum Identity Credit Card
Þ    Bajaj Allianz Super Value Titanium Credit Card