Railway credit cards are a great way to earn rewards and save money on train travel. They offer exclusive benefits and discounts on railway-related expenses, making them a popular choice for frequent travelers. With so many options available in the market, it can be challenging to choose the best railway credit card for your needs. Further, we will guide you through the process of selecting the best railway credit card, including some of the top options currently available.
Factors to Consider When Choosing a Railway Credit Card
Here are some of the factors to consider when choosing the best railway credit card:
Rewards and Benefits:
Look out for cards that offer cashback, reward points, or discounts on train ticket purchases. Some cards also offer exclusive benefits like lounge access, travel insurance, and concierge services.
Annual Fees:
Consider the annual fee charged by the card issuer. Some cards have a zero annual fee, while others charge a fee ranging from a few hundred to thousands of rupees. Make sure that the benefits offered by the card justify the annual fee.
Interest Rates:
Check the interest rate charged by the card issuer. If you plan to carry a balance on the card, choose a card with a low-interest rate.
Partner Merchants:
Look out for railway credit cards that offer exclusive discounts and offers on partner merchants, including restaurants, hotels, and shopping outlets.
Rewards Redemption:
Check the options for redeeming your reward points or cashback. Some cards offer a wide range of redemption options, while others are limited to specific categories.
Top Railway Credit Cards in India
Here are some of the best railway credit cards currently available in India:
HDFC Bank Regalia Credit Card:
The HDFC Bank Regalia Credit Card offers 4 reward points per Rs. 150 spent on train ticket purchases. The card also offers exclusive benefits like airport lounge access and travel insurance. The annual fee for the card is Rs. 2,500.
ICICI Bank Coral Credit Card:
The ICICI Bank Coral Credit Card offers 2 reward points per Rs. 100 spent on train ticket purchases. The card also offers complimentary lounge access and fuel surcharge waivers. The annual fee for the card is Rs. 500.
Axis Bank Vistara Credit Card:
The Axis Bank Vistara Credit Card offers 2 Club Vistara points per Rs. 200 spent on train ticket purchases. The card also offers complimentary lounge access and discounts on partner merchants. The annual fee for the card is Rs. 1,500.
RBL Bank Platinum Maxima Credit Card:
The RBL Bank Platinum Maxima Credit Card offers 2 reward points per Rs. 100 spent on train ticket purchases. The card also offers exclusive benefits like airport lounge access and travel insurance. The annual fee for the card is Rs. 2,000.
Conclusion
Choosing the best railway credit card depends on your individual needs and preferences. Look out for cards that offer rewards, low-interest rates, exclusive discounts on partner merchants, and complimentary travel insurance. The HDFC Bank Regalia Credit Card, ICICI Bank Coral Credit Card, Axis Bank Vistara Credit Card, and RBL Bank Platinum Maxima Credit Card are some of the top options available in the market.
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