NRI Wallet Picks: 5 Best Credit Cards For Global Spenders

Best 5 Credit Card: Several financial institutions are offering credit cards with multiple features for non-residential Indians (NRIs). These credit cards come with myriad of benefits where they can maintain their financial obligations while residing abroad.

Best 5 Credit Cards For NRIs

An NRI credit card not only eases domestic transactions but also saves people from complexities arising from cross-border financial commitments. Here are top 5 credit cards for NRIs.

HDFC Bank Regalia Card

HDFC Bank Regalia Card comes with an annual fee of Rs 2,500 in first year. This amount remains the same as well. Upon paying the joining fee, credit card holders receive 2,500 points as a welcome perk. For every Rs 150 spent, you earn 4 reward points. Additionally, if your annual spending reaches Rs 8 lakhs, you are rewarded with 15,000 points each year.

The redemption rate for these rewards is highly competitive. Each point is equivalent to Rs 0.5, offering substantial value for your accumulated points.

NRI Royale Signature Credit Card

With an annual fee of Rs 1,000, NRI Royale Signature Credit Card eases international currency transaction. It also simplifies currency exchange. The feature lets convenience of making payments for purchases, travel, and dining in Indian Rupees.

The credit limit offered is substantial, allowing up to 80% of the Fixed Deposit (FD) amount. To qualify, the FD must be at least Rs.1 lakh. It's important to note that this facility is available solely for individual FDs.

IDFC First WOW! Credit Card

The credit card comes is offered against fixed-deposit. One of the key features of the credit card is forex markup fees on international transactions. It also boasts VISA Infinite Premium benefits, as it ensures global acceptance and reliable customer support. These features help credit card holders to enjoy stress-free travel and expenditure experience.

HDFC Bank Moneyback Credit Card

The first-year fee for this card is Rs 500. HDFC Current or Savings Account holders can get get the fee waived off if they open the account within three months of card approval. From the second year onwards, the fee remains Rs 500 but can be waived if your annual spending exceeds Rs 50,000 or if you maintain an HDFC Current or Savings Account.

HDFC Bank Regalia Credit Card

The credit card comes with a first year fee of Rs 1,000 which is waived on conducting within two months. The card offers complimentary membership of Club Marriott, MakeMyTrip, Double Black, Zomato Gold, Amazon Prime, Forbes & Times Prime. They can also get 5 reward points for every Rs 150 spent