Top 5 Credit Cards! From Axis Bank Magnus To HDFC Infinia Credit Card, Check Eligibility, Benefits, Features

Multinational payment card services company, Mastercard expects the travel industry of India to thrive further. In 2024, travel has been democratizing rapidly in India and the Mastercard Economics Institute expects this to continue with nearly 20 million more people entering the middle class over the next five years. Following this, Mastercard has selected five popular credit cards in India offered by major banks to further boost the travel experience in India.

1. Axis Bank Magnus Credit Card:

Magnus Credit Card is one of the most popular credit cards of Axis Bank. Magnus offers one voucher worth Rs 12,500 which includes a luxe gift card the Postcard Hotels gift voucher or the Yatra gift voucher. It also includes airport concierge service and international lounge access. Notably, the annual fee is Rs 12,500 with taxes waived off, on spends worth Rs 24 lakh in the preceding year. The joining fee is worth Rs 12,500 as well.

There are a couple of benefits on fees such as a lower interest rate of 3% on extended credit and, a reduced markup fee of 2% on foreign transactions, while there is no cash withdrawal fee. Additionally, the card also offers a fuel surcharge waiver of 1% on transactions worth Rs 400 to Rs 4,000.

How To Avail?

As per Axis Bank's website, an SMS will be sent to the customer's registered mobile number within 3 working days upon Magnus card activation, by making the first spend transaction within 30 days of card issuance.

The bank advised customers to log in to the Axis Bank Magnus portal using their registered mobile number, upon receipt of the SMS.

After logging in, customers will get the option of choosing the preferred voucher.

2. ICICI Emerald Private Metal Card:

There are a host of benefits offered under ICICI Emeralde Private Metal Card such as complimentary 1-year membership at Taj Epicure and EazyDiner Prime. There is also a milestone benefit on EasyMyTrip vouchers worth Rs 6,000 and opportunities to earn reward points on every Rs 200 spent on all eligible retail transactions.

Further, there are joining and annual bonus rewards offered by the card too. Under ICICI Bank Emerald Private Metal Credit Card, 12,500 ICICI Reward Points as a Joining and Annual Bonus. These points are credited to your reward account once every year upon 45 days of fee realisation and card activation. The value of 1 ICICI Reward Point is ₹1.

3. HSBC Premier Credit Card:

Yet another metal card, the HSBC Premier Credit Card also offers Epicure membership across Taj hotels and a Taj experience gift card worth INR12,000. The introductory offers are valid till December 31, 2024.

As per the website, with the new metal HSBC Premier Credit Card, a customer will get the lowest foreign exchange markup any time and anywhere. Plus, get 1:1 redemption for more than 20 airlines and for Apple products with Imagine vouchers. Additionally, there is an opportunity to enjoy unlimited lounge access globally and 8 international guest visits.

Furthermore, the card offers lounge access at over 1,400 airports, international travel insurance and worldwide assistance. It also has insurance coverage for any misuse of your card from 24 hours before reporting it lost, up to INR300,000.

4. HDFC Infinia Credit Card:

India's largest lender, HDFC Bank offers a metallic Infinia Credit Card which provides complimentary nights & buffet at participating ITC hotels; complimentary Club Marriott membership for the first year; unlimited airport lounge access across the globe for Primary and Add-on members; 5 Reward Points for every ₹ 150 spent; and Global Personal Concierge -24 X 7.

Among additional features, the card offers the lowest markup fee of 2% on all foreign currency transactions. It further provides zero lost card liability on you if you report the loss immediately to the bank.

Here as well, there is a Joining/Renewal Membership Fee - Rs. 12,500 + Applicable Taxes. Further, it offers a Renewal benefit of 12,500 reward points upon fee realisation and card activation. Moreover, spend 10 lakhs or more in the preceding 12 months and get the renewal membership fee waived for next year.

5. Thomas Cook Enterprise FX:

EnterpriseFX Card is among the newest entrants in credit cards in 2024. EnterpriseFX is the first eco-friendly prepaid forex corporate card, made entirely of recycled material. It is customised to meet the unique needs of the global business traveller and launched in partnership with Visa & Mastercard.

Thomas Cook's EnterpriseFx Card features three key elements: 1) made from recycled plastic 2) security feature of a green pin (paperless) 3) Thomas Cook pledge to plant a tree on behalf of the corporation for every 25th card sold; additionally a e-certification and geo-tagging. The cumulative impact is a saving of approx. 30 kgs carbon emissions per card. So, for 1 lakh EnterpriseFx cards, a significant 3000 tonnes of carbon emission is saved which is equivalent to over 12 lakh trees.

Also, the EnterpriseFx Card comes loaded with a range of benefits such as Thomas Cook Edge reward points, a Youth Card where business travellers under the age of 35 can avail exclusive discounts across brands in over 125 countries, emergency cash assistance, and much more!