Today in this post we will talk about Best Lifetime Free Credit Card 2023.
If used carefully, credit cards are a lifesaver for major purchases and financial emergencies. A short-term line of credit is opened, giving the cardholder more spending power. It is a premier financial tool. Since they are a provider of solutions, you can use your credit card to pay for anything.
Obtaining one’s first credit card is a significant milestone for many young people who are tempted to do so as soon as they begin working due to the attractive incentives offered on credit cards. Due to the many intricacies involved in finding a good card, using a credit card for the first time might be frightening.
Therefore, it makes sense to acquire a simple credit card that is often free of any joining and annual fees if you’re searching for your very first credit card. You’ll learn everything you need to know about the top 5 lifetime free credit cards in this post, which will be available in 2023.
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lifetime free credit card?
A lifetime free credit card, as the name implies, is a credit card that you can use forever without having to pay an application charge, yearly fee, or any other fees.
To entice the youthful workforce who are at the beginning of their economic life cycle, nearly all of the top banks and credit card providers offer at least one lifetime free credit card.
While most lifetime free credit cards offered by banks are basic cards, many banks offer their premium cards to both current and potential customers without any annual fees if they meet certain requirements, such as opening a particular type of bank account, having a high savings account balance, making a certain amount of investments in the bank, etc.
But in this post, we’ll look at the top 5 lifetime-free credit cards that are available to all consumers in 2023 and come with no strings attached.
1. Amazon Pay ICICI Bank Credit Card:
The best choice for you if you prefer to shop online at Amazon is an ICICI Bank credit card with Amazon Pay. The finest lifetime free co-branded credit card in India may be this one. On every Amazon purchase made using this credit card, a sizeable reward is offered.
The Amazon Pay ICICI Bank Credit Card has the following salient characteristics:
- No joining or annual maintenance charges
- 5% cashback on Amazon spends to Prime members
- 3% cashback on Amazon spends to non-prime customers
- 2% cashback on 100+ Amazon Pay partner merchants
- 2% cashback on bill payments, recharges, and adding money to an Amazon Pay account
- 1% cashback on all other spends (except fuel and gold)
An Amazon Pay ICICI Credit Card is your best choice if you are an Amazon Prime member and like to shop on Amazon above any other online platform. On top of that, it offers 1% cashback on all other purchases, which is something that not many lifetime free co-branded credit cards do. Therefore, you can still think about getting it even if you prefer offline shopping.
2. IDFC FIRST Wealth Credit Card:
You cannot overlook the IDFC First Wealth Credit Card if you enjoy dining out, travelling, and earning rewards. It may be the first premium card available without an annual or membership fee. You gain more reward points for spending more money. Furthermore, you can keep the award points indefinitely.
The IDFC FIRST Wealth Credit Card has the following salient characteristics:
- No joining or annual maintenance charges
- 1X reward point for every Rs 100 spent; (1 reward point = Rs 0.25)
- 6X and 3X reward points on online and offline purchases respectively for spends up to Rs 30,000 per month
- 10X reward points on incremental spends above Rs 30,000 per month
- 10X reward points on spends done on your birthday
- Unlimited reward points without any expiry
- Welcome voucher worth Rs 500 on the spending of Rs 15,000 or more within the first 90 days
- Buy one and get one offer on movie tickets up to Rs 500 (valid twice a month)
- 300+ merchant offers, up to 20% discount at 1500+ restaurants, up to 15% discount at 3000+
Health and wellness outlets - 4 complimentary domestic and international airport lounge and spa visits per quarter
- Discounts on Airport Fast Track immigration service at 450+ destinations worldwide
- 2 complimentary Golf rounds per month for every Rs 20,000 of monthly statement spends
- Access to over 900+ luxury hotels around the world
- Personal accident cover of Rs 10 lakhs
- Air accident cover of Rs 1 crore
- Comprehensive travel insurance cover of USD 1200
- Lost card liability cover of Rs 50,000
- Complimentary roadside assistance worth Rs 1399
- Fuel surcharge waiver of 1% across India up to Rs 400
- Interest-free cash withdrawal
3. HSBC Visa Platinum Credit Card:
The HSBC Visa Platinum Credit Card provides you with unrivalled deals, benefits, and perks, including immediate recognition.
The HSBC Visa Platinum Credit Card has the following key values:
- No joining or annual maintenance charges
- Benefits up to Rs 6,350 with 3 complimentary airport lounge access at domestic & international lounges or 3 AirDine (meal) vouchers
- Air miles conversion on InterMiles, British Airways and Singapore Airlines
- 5X rewards on subsequent purchases made after crossing the spend amount of Rs 4 lakhs with a max 15,000 accelerated reward points in an anniversary year
- Up to Rs 3,000 annual savings on fuel surcharge
- Amazon voucher of Rs 500 and Swiggy voucher of Rs 250 on a minimum spend of Rs 2,500 within 30 days of card issuance (introductory offer valid till 31 Dec 2022)
- 3 complimentary airport lounge access at domestic & international lounges or 3 meal vouchers on a minimum spend of Rs 2,500 within 30 days of card issuance (introductory offer valid till 31 Dec 2022)
- 10% cashback up to Rs 2,000 on a minimum spend of Rs 10,000 with 5 eligible transactions within 60 days of card issuance (introductory offer valid till 31 Dec 2022)
- Buy-one-get-one-free movie tickets on Saturdays (Up to Rs 250)
- Zero-liability for lost cards up to Rs 3 lakhs
- 15% instant discount on select products in Lifestyle, Electronics and Luxury Categories on Tata CLiQ
- Emergency cash at over 22,000 outlets globally
- Emergency card issuance service anywhere in the world within 3 days
4. Kotak Fortune Gold Credit Card:
The Kotak Fortune Gold Credit Card is only available to businessmen and offers standard credit card perks on things like purchasing tickets and gas.
The Kotak Fortune Gold Credit Card has the following key values:
- No joining or annual maintenance charges
- Spend Rs. 1, 50,000 in a year and get 4 free PVR tickets OR Cash back of Rs. 750
- Higher cash limit of up to 50% of the credit limit
- 1% fuel surcharge and 1.8% railway ticket booking surcharge will be waived
- A credit shield cover worth Rs.50,000 for lost credit card
5. Kotak 811 DreamDifferent Credit Card:
Your application for a credit card is likely to be denied if your credit score is low. You can apply for a credit card with the Kotak 811 Dream Different Credit Card without having your credit or income checked, though. All you have to do is link a Kotak Bank Fixed Deposit, whether it is new or already exists. With a minimum credit limit of Rs. 10,000 for non-811 savings account customers and Rs. 5,000 for 811 savings account customers, you can choose your own credit limit against a fixed deposit.
The following are the key features of Kotak 811 Dream Different Credit Cards:
- No joining or annual maintenance charges
- 1X reward point for every Rs 100 spent offline and 2X reward points for every Rs 100 spent online (1 reward point = Rs 0.25)
- Credit limit of up to 90% of the Fixed Deposit amount
- 500 bonus reward points on activation of the card and Rs 5,000 spent in the first 45 days
- Rs 750 cashback or 4 PVR movie tickets on spends of Rs 75,000 annually
- Interest-free cash withdrawal of up to 90% of the FD amount
- Stolen card liability cover of Rs 50,000 against fraudulent usage up to 7 days pre-reporting
- Fuel surcharge waiver of 1% across all petrol pumps for transactions between Rs. 500 to Rs. 3000 (max. Rs. 3,500 per year)
- Railway surcharge waiver of 1.8% for transactions on irctc.co.in & 2.5% Indian railway booking counters (max Rs. 500 per year)
To reach the conclusion:
Keep in mind that these are the top lifetime free credit cards for 2023. These might be the best options for people who have never used a credit card before or for those who already do but have specific-purpose or co-branded credit cards and are searching for a primary credit card that can earn them rewards regularly regardless of the type of spending. A lifetime free credit card may not make sense for regular credit card users who are looking for premium credit cards with the highest-end features and rewards.
Many banks now offer lifetime free credit cards with good features, but it’s critical to avoid getting seduced by these offers and choose just a few credit cards that fit your needs and lifestyle. Using several credit cards carelessly can cause you to spend more than you can afford to pay back, which could place you in a difficult financial situation. However, with wise credit card use and a solid financial strategy, you can comfortably reach your financial goals.
REHAN KHAN
Content Writer