Zero Joining Fee Credit Cards



When you apply for a new credit card it is crucial that you check for the fine print and hidden costs associated with the use of the card. While some cards may offer a low-interest rate and a lot of extra benefits, the hidden costs alone with easily put you in a loss. The joining and renewal fee are some of the extra costs that youhave to often deal with when going for a credit card.

Some premium cards have extravagant joining fee and eligibility criteria. Here, we shall discuss the best credit cards in India that offer a zero joining fee benefit to the users.

Benefits of Zero Joining Fee Credit Cards

The main benefit of the zero joining fee credit card is that you do not need to pay a single rupee to get this card. Instead, you can avail this card by filling out a simple application in case you already satisfy the eligibility criteria.

Some of these cards feature some extra benefits such as cash back rewards and other dining/entertainment perks. Let us discuss the most popular cards on which you can avail the zero joining fee benefit.

List of Popular Zero Joining Fee Credit Cards from Banks in India

You can get the ICICI Instant Platinum credit card delivered to your doorstep in the matter of a few days once you fill out the application. Apart from the zero joining and annual fee perks,you also get a chance to use the reward points which you avail automatically on spending a certain amount via the card.

Features and Benefits

  • Reward Points: You get access to reward points for spending a specific amount with every cash back credit card. For the ICICI Instant Platinum Card, you get 2 reward points for every 100 Rs. that you spend on shopping. Each reward point is equivalent to 1 Re. Therefore, you get 2% cash back on every purchase.
  • Movie Tickets: With the ICICI Instant Platinum Card you can avail a discount of up to 100 Rs. every month on booking movie tickets via www.bookmyshow.com. /li>
  • Culinary Treats Program: The culinary treats program is the highlight of the ICICI Instant Platinum Card. With this benefit, you can save minimum 15% on dining at any one of the 800 partnered restaurants. You can avail a list of the partnered restaurants from the bank on applying for the ICICI Instant Platinum Card.
  • Low-Interest Rate: You can get the card at a very low-interest rate of only 2.49% per month. With so many benefits, you can get back all the interest paid via the card and more, on the savings that you make.

The Kotak Fortune Gold credit card is one of the most popular credit cards from Kotak Mahindra bank since it does not feature any joining fee. Apart from that feature, the gold credit card has a lot of other benefits which are mentioned below.

Features and Benefits

  • Interest-Free Cash:You can avail up to 48 days of interest-free cash withdrawal every year with the gold credit card. The higher cash limit of up to 50% of your credit limit allows you to withdraw a large amount of cash in case of an emergency.
  • Fuel Surcharge Waiver: You can get benefits of fuel surcharge waiver of up to 3500 Rs. annually for transactions between 500 Rs. to 3000 Rs. using this card.
  • Balance Transfer: This is a premium credit card that doubles as a balance transfer card too. With this balance transfer card, you can easily refinance your credit card bill in case you get your monthly salary a little late.
  • Fortune Shield: The Fortune Shield feature is exclusive to this card by Kotak Mahindra Bank. This feature allows you to protect yourself against fraudulent usage in case your card is stolen. It protects your card for up to use of worth 50,000 Rs. for a period of 7 days from filing the stolen card report.

HDFC is one of the most reputed banks in India due to a wide support of ATMs and banks spread throughout the country. HDFC Moneyback credit card is perfect for the people who love to shop since they can easily save a lot of money via the money back feature on shopping for groceries and lifestyle articles.

Features and Benefits

  • Money Back Rewards:You get access to 2 reward points on spending every 150 Rs. with the card. Every 100 reward points are equivalent to 20 Rs. You can easily redeem your money back rewards for gifts or air miles
  • Online Spending Rewards: You get 2 times the amount of reward points on spending 150 Rs. for online shopping. This entitles you to 4 rewards points on spending 150 Rs. on online shopping.
  • Fuel Surcharge Discounts: You get a 1% discount on spending for Fuel Surcharge via the HDFC Bank Money Back Credit Card. You can get up to 400 Rs. worth of cash back on every cycle.
  • Interest-Free Credit: The biggest highlight of the HDFC Bank Money Back Credit Card is its interest-free period for up to 50 days from the date of purchase.

The Kotak Best Price card is especially known for its no joining fee benefit. However, that is not all that the card offers. You also get some extra benefits from the use of this card.

Features and Benefits

  • Interest-Free Period: The card entitles you to the usage of its facilities completely interest-free, given that you pay the bill amount within the stipulated time of 14 days. The feature is applicable on every new transaction carried out by this card.
  • Add-on Cards: With the best price card, you get access to two free add-on cards from the bank. In case you opt for a business best price card, your store manager/employer can make purchases via the add-on cards at any Best Price modern wholesale store.

You can apply for a new Axis bank Insta Easy Credit card online to get it delivered to your doorstep in a short period. This card actually features a small joining fee of 500 Rs. However, this fee is reversed back to you when you spend 5000 Rs. within the first 45 days of availing the card.

Features and Benefits

  • Free Credit Period:You can avail a credit free period of up to 50 days from the time you first start using this card. This feature is adopted by more and more credit cards via Axis bank nowadays.
  • High Cash Withdrawals:the higher cash withdrawal limit will help in the nick time in emergency situations. You can withdraw up to 100% of your credit limit using this card. Only a few credit cards in India offer such a feature to its users
  • Flexible Credit Limit:The flexible credit limit feature allows you to increase or decrease the credit limit to your card as per your requirement. This feature is perfect for people who love to shop and wish to control their expenditures into a tight budget space.
  • Assured Approval:Axis bank offers an assured approval feature with this card. You can easily apply for this car online and get it delivered to the registered postal address in a few days.

Apart from the zero joining fee, you also get the benefits of a no annual fee on the Standard Chartered Platinum credit card. However, you must fulfil a high-level of eligibility criteria and have a really good credit score before you get your hands on this card.

Features and Benefits

  • No Annual Fee: You can apply for a new Standard Chartered Platinum Credit Card online. On doing so, you get the benefits of using the card at nil annual fee.
  • Reward Points: The Standard Chartered Platinum Credit Card offers one of the highest returns on using the card for shopping purposes.
  • Rewards on Fuel Surcharge: You can avail 5 reward points on spending every 150 Rs. using this card for purchasing fuel for your vehicle.
  • Rewards on Dining: You can avail 5 reward points on spending every 150 Rs. at fine dining outlets around the globe.
  • Other Rewards: On spending for any other purpose except dining and Fuel Surcharge, you get 1 reward point for spending every 150 Rs.
  • Platinum Lifestyle Benefits: The premium lifestyle benefit on the Standard Chartered Platinum Credit Card allows you to avail 5 reward points on every 150 Rs. spent at a partner hotel.

The HSBC Platinum Plus Credit card features a no joining fee feature for the first year. After the end of the first year, if you wish to continue using this card, you need to pay a sum of 399 Rs. annually.

Features and Benefits

  • Reward Points: You can earn up to 2 reward points on spending every 150 Rs. using the HDFC Platinum Plus credit card. The reward points increase to 3 when you spend more than 150 Rs. with this credit card on spending 50,000 Rs. per statement cycle.
  • Add-on Cards:You can get access to three lifetime add-on credit cards for free with this card.
  • Interest-Free Credit:You can avail interest-free credit for spends via this card for up to 50 days from making the initial purchase.
  • Zero Liability:Open theft/loss of your card, you can call the 24 x 7 customer helpline to register your card as lost which will entitle you to a zero liability on fraudulent transactions made by the card.