12 Most Premium Credit Cards In India (2024 Top Reviews)

Premium Credit Cards in India

Since the last decade, the Indian credit card landscape has continued to evolve. Eventually, Premium Credit cards in India emerged in the Indian market. Not only do they offer financial flexibility, but also confer diverse options to the consumers. Such as impressive rewards, tailored benefits, lounge access, and the list goes on!

Premium Credit Cards in India

Hundreds of Premium Credit cards are available in the market which leads to an obvious question- Which one is the best? Which premium credit card is highly suitable for you? To answer this question, we will explore the 12 most Premium Credit Cards in India.

Our comprehensive reviews will provide insights into each card’s features, eligibility criteria, fees, and the perks they bring. This will empower you to make an informed choice that aligns with your financial goals and lifestyle.

Keep reading!

(A) What are Premium Credit Cards?

Before landing on the list, let’s briefly explain the definition and general features of Premium Credit Cards in India.

Premium credit cards are a type of credit card that offer exclusive benefits, rewards, and privileges to cardholders. Doesn’t the credit card provide the same things? Yeah, but not with too many benefits. 

Premium credit cards are typically designed for individuals with high income or good credit scores. They come with the following perks-

  • Higher credit limits
  • Enhanced reward programs
  • Luxury travel benefits
  • Concierge services
  • Access to airport lounges
  • Complimentary insurance coverage

They are known for providing extensive benefits and privileges in categories such as travel, dining, shopping, entertainment, and more.

(B) Premium Credit Cards vs Ordinary Credit Cards

Well, you must be wondering how premium credit cards in India differ from ordinary credit cards. Go through the following table and you will find out!

Differentiating CriteriaPremium Credit CardsOrdinary Credit Cards
Annual FeesHigher, often substantialLower or no annual fees
Rewards and PerksEnhanced rewards, luxury perksBasic rewards, fewer perks
Travel BenefitsExtensive travel benefits
(lounge access, travel insurance)
Limited or no travel benefits
Concierge Services24/7 concierge assistanceNo concierge services
Exclusive AccessExclusive events, luxury experiencesNo exclusive access
Credit LimitsHigher Credit LimitsStandard Credit Limits
Customer ServiceExclusiveStandard
Luxury Brand PartnershipsYesNo
Elite StatusPossible elite status in
loyalty programs
No elite status benefits
Additional ProtectionsExtended warranties,
purchase protection
Limited or no additional
Premium Credit Cards vs Ordinary Credit Cards

(C) 12 Most Premium Credit Cards in India

When it comes to premium credit cards in India, there are several options available to you. Out of them, some of the most premium credit cards in India are described in the following table. We have ranked them based on the reviews given by customers/cardholders.

Premium Credit CardsJoining Fee (Excluding Taxes)Reward PointsWelcome Benefits
HDFC Diners Club Black Credit CardRs.10,000 5 Reward Points earned for spending Rs.150 on retailNumerous Memberships
Axis Bank Magnus Credit CardRs.10,000 EDGE Reward Points based on type of spendingDomestic Flight ticket
or Tata CLiQ voucher
Ultimate Credit CardRs.5,000 5 Reward Points earned for spending Rs.150 on retail
HDFC Infinia Credit CardRs.12,500 5 Reward Points earned for spending Rs.150 on retailClub Marriott Membership
Axis Reserve Credit CardRs.50,000Airport drops & pickups (4 times),
Domestic lounge access (unlimited),
Rewards on International spends
IndusInd Bank Legend Credit CardNilRewards Program,
Priority Pass membership
SBI Aurum Credit CardRs.9,999International lounge access (worldwide),
Domestic lounge access (4 per quarter),
Domestic airport spa access (1 per quarter)
Worth Rs. 10,000 via
40,000 reward points
SBI Elite Credit CardRs.4,000 Reward Points based on the type of spendingE-gift vouchers
Standard Chartered Priority Visa Infinite Credit CardNil5X Rewards on International Spends,
Complementary domestic airport lounge access (4)
IDFC First Bank WealthNil (Lifetime Free)Upto 2.5%,
Complimentary airport spa,
and railway lounge access
HDFC Bank Regalia GoldRs.25001.3% to 13.3%,
Complimentary International
Airport Lounge Access
Tata New Infinity HDFC Bank Credit CardRs.14991.5% to 6%, Rs.3 Lakhs spend in a membership yearTata Neu app deals,
Complimentary Airport
Lounge Access.
12 Most Premium Credit Cards in India

(D) Eligibility Criteria for owning Premium Credit Cards in India

As you have seen in the above table, premium credit cards in India offer reward points and numerous alluring lifestyle benefits. If you spend over Rs.4-6 Lakhs annually, then these cards are perfect for you! However, you need to cover the following eligibility criteria for owning premium credit cards in India-

  • Income over Rs.6 lakhs per annum. 
  • Higher joining fees and conditional spending lack waiver criteria.
  • Spending over Rs.4 lakhs per annum.
  • Documented proof of regular income.

One of the key criteria is having a high income. The minimum income required to qualify for a premium credit card varies depending on the issuer and the specific card. Different banks have different minimum income requirements set as eligibility criteria. Typically, the minimum income threshold ranges from around INR 6 lakh per annum.

Additionally, you will need to provide proof of your regular income to the bank. Overall, meeting the minimum and consistent income requirement is one of the essential criteria. That’s how you can own a premium credit card in India.

(E) Criteria For Selecting Top Premium Credit Cards in India

As you have read in the above sections, we have listed the premium credit cards in India based on the customer’s reviews. The users considered the following factors-

(E.1) Simplicity in Usage

The ease of use in terms of payments, cashback, or reward points plays a crucial role in winning the trust of consumers.

(E.2) Additional Features

If a person is paying extra for premium credit cards in India. Then it is natural for him/her to expect greater exclusive features as compared to regular credit cards. That’s why the premium credit cards that offer welcome benefits, discounts, lounge benefits, etc. win the race.

(E.3) Cost of the Card

However, everybody knows that premium credit cards in India will have higher joining fees. But still, it should not exceed a threshold amount. The cost of the card already goes high with the annual fee, add-on charges, hidden charges, and rebates.

(E.4) Acceptance

This is the most anticipated feature that every card holder of premium credit cards in India seeks. The cards must be accepted universally, in any country.

Note: When it comes to international travel, the customers land in confusion on whether to use a forex card or credit card. Well, to solve this issue, we have covered a detailed informational article on “Forex Card vs Credit Card Benefits: Which One is Better?” Go through it and your confusion will go away!

(F) List of Premium Credit Cards in India

(F.1) HDFC Diners Club Black Credit Card

HDFC Diner Club (one of the famous Premium Credit cards in India)

Look into the details of it in the following table-

Features Details
Complimentary MembershipsAnnually for Forbes,
Club Marriott,
MMT Black,
Times Prime,
Amazon Prime,
and Swiggy One membership
These are available for three months every year.
Automatically provided after realizing the annual
membership fee from the second year onwards.
Compulsory SpendingINR 1.5 lakh within 90 days of the card’s activation
in the first year.
Reward Points5X reward points on spending Rs.150.
Up to 10X reward points on any purchase from SmartBuy.
Dining2X reward points on weekend dining
GolfSix golf games across the world per quarter.
Travel DiscountsDiscounts on flight and hotel booking via SmartBuy.
WellnessWellness benefits include discounts in spas,
gymnasiums, salons, and wellness retreats.
Interest-Free Period50 days
Lounge AccessUnlimited lounge access in India and internationally
for both primary and secondary cardholders.
Insurance CoverageAir accident insurance cover of Rs.2 crore
Emergency overseas hospitalization of Rs.50 lakh.
Travel insurance cover of Rs.55,000
Credit liability cover of up to Rs.9 lakh
ProsReward points on all types of payments.
ConsDineout Passport membership was discontinued this year.
HDFC Diners Club Black Credit Card

(F.2) Axis Bank Magnus Credit Card

Magnus Credit Card

The exclusive features of Axis Bank Magnus Credit Card are described in the following table-

Annual Benefit ChoiceSubscribers can choose between one complimentary domestic flight ticket and
a Tata CLiQ voucher of INR 10,000 as an annual benefit.
Lounge AccessUnlimited domestic and international airport lounge visits.
Cash WithdrawalNo cash withdrawal fee
Fuel Surcharge Waiver1% fuel surcharge waiver for transactions between INR 400 to INR 4,000.
EDGE Rewards Points25,000 EDGE reward points worth INR 5,000 on monthly spends of INR 1 lakh.
5X EDGE reward on travel spends via TRAVEL EDGE. 
12 EDGE reward points for every INR 200 spent.
2X EDGE reward points on purchases at MakeMyTrip, Yatra, Goibibo, and more.
Concierge ServicesServices of a dedicated concierge are available on the phone.
Hotel DiscountsA flat 15% off and a complimentary room upgrade at all Oberoi properties in India.
Movie DiscountsBuy one movie or non-movie ticket and get up to INR 500 off on the second.
Dining DiscountsUp to 20% discount at over 4,000 restaurants across India.
Insurance and HealthcareAir accident cover, purchase protection, lost card liability programs, and more.
Expert medical opinion from a panel of world-class specialists available for users.
Healthcare packages from SRL Diagnostics, Dr.Lal PathLab, and Metropolis.
ProsUnlimited Golf GamesUnlimited domestic and international airport lounge visits.
ConsRedemption of EDGE reward points can be challenging.
Axis Magnus Credit Card

Note: Do you know various changes occurred in Axis bank credit cards? We have thoroughly covered these changes in “What Changed For Axis Bank Credit Cards? Uncovering The Details.” You can check it out for more details.

(F.3) Ultimate Credit Card

Ultimate Credit Card

This card is perfect for you if you are a frequent air traveler. Standard Chartered’s Ultimate Credit Card offers 5% cashback on duty-free shops and has insurance covers too. Here, you get rewards for all kinds of transactions. The value of 1 reward point is Rs.1.00. 

Let’s look into the features of Ultimate Credit card in detail-

Joining Fee Reward Points6,000 reward points worth INR 6,000.  
Reward Points for TransactionsEarn 5 reward points for every INR 150 spent on
any transaction.
Conversion of Reward Points1 reward point equals INR 1
Airport Lounge Access
(Monthly Spend Requirement)
Spend INR 20,000 in the previous month for
one free airport lounge access (once a month).     
Complimentary Golf Course AccessEnjoy complimentary access to golf courses.    
Air Accident Insurance CoverCoverage of $200,000 in case of air accidents.
Emergency Overseas
Hospitalization Coverage
Coverage of $25,000
General Offers
(Available for all Standard Chartered Cards)
Up to 25% discount on EasyMyTrip bookings.
5% discount on e-vouchers.
Discounts on other electrical appliances, etc.
ProsGet 5% cashback on duty-free shop purchases
ConsAirport lounge visits are subject to conditions
Ultimate Credit Card

(F.4) HDFC Infinia Credit Card

HDFC Infinia Credit Card (Premium Credit Cards in India)

Here, you will get cashback on all retail spending. Such as insurance, utilities, education, and rentals. Also, you will get different kinds of insurance coverage. Do you know what the best part of HDFC Infinia Credit Card is? It’s golf games! Look at the following table to find more details-

Initial Reward Points12,500 reward points on card activation
Club Marriott MembershipComplimentary 1-year membership offering
up to 20% discounts on dining and stay across
Annual Reward Points12,500 reward points annually upon realization
of the previous year’s annual fee.
Fee RedemptionINR 10 lakh spending offers fee redemption,
but forfeits 12,500 reward points.
Retail Spend Rewards5 reward points on every INR 150 spent,
including insurance, utilities, education, and rent.
Travel and Shopping Rewards10 times reward points on travel and shopping
spends through SmartBuy.  
Golf BenefitsUnlimited complimentary golf coaching and games
at select courses in India and worldwide.
Customer Support24/7 phone support available for customer queries
Fuel Surcharge Waiver1% fuel surcharge waiver on transactions over INR 400
and INR 100,000 at all fuel stations in India.
Airport Lounge AccessUnlimited access to domestic and select international
airport lounges using Priority Pass for primary and
add-on cardholders.
ITC Hotel BenefitsComplimentary nights and weekend buffet at
participating ITC hotels.
Insurance CoverageAccidental air death cover of INR 3 crore.
Emergency overseas hospitalization of INR 50 lakh.
ProsUnlimited golf coaching and games.
Unlimited airport lounge access.
Flexible reward points value
ConsThe value of reward points varies with usage
HDFC Infinia Credit Card

(F.5) Axis Reserve Credit Card

Axis Reserve Credit Card (Premium Credit Cards in India)

This is one of the most desired premium credit cards in India. With a joining fee of Rs.50,000, you will get different sorts of luxurious perks.

Chauffeured Airport Service4 chauffeured luxury airport drops and pickups per year
Lounge AccessUnlimited domestic lounge access
Unlimited international lounge access with priority pass membership.
Dining BenefitsClub Marriott Asia Pacific Membership: 20% off on food and beverages.
20% off at participating Marriott hotels in India and Asia Pacific
(on weekend rates).
15% savings at Postcard hotels.
Golf Privileges50 golf rounds annually at India’s top golf courses.
Entertainment PerksBookMyShow offers: Buy 1, Get 1 ticket.
Buy 1 ticket and get up to Rs.500 off on the second ticket
(maximum 5 times per month).
For 1 non-movie ticket get up to Rs.1,000 discount on the second ticket
(maximum 5 times per month).
Up to 25% savings with EazyDiner Prime Membership at premium restaurants.
Reward Points15 edge reward points for every Rs. 200 spent.
Twice the rewards on international expenses.
Foreign Currency FeesLow foreign currency mark-up fee of 1.5%.
Cash Withdrawal ChargesNil
Fuel Surcharge Waiver1% fuel surcharge waiver on fuel transactions ranging between
Rs.400 to Rs.4,000.
Axis Reserve Credit Card

(F.6) Induslnd Bank Legend Credit Card

Induslnd Credit Card

By now you must have understood the target audience of the premium credit cards in India. Those are none other than the high-income group of India. But the Induslnd Bank Legend Credit card is a bit different. It targets rich travel enthusiasts who are looking to earn reward points. Here you get benefits across various categories. Such as travel, shopping, dining, entertainment, and more.

Look at the following table for more details-

Reward Structure1 reward point for every Rs.100 spent on weekdays.
2 reward points for every Rs.100 spent on weekends.
Lounge Access1 complimentary visit at participating international lounges within
India & and abroad per quarter.
2 complimentary domestic lounge visits per quarter.
Complimentary Priority Pass Membership for primary
and add-on cardholders, granting access to 700+ lounges globally.
Golf BenefitsComplimentary golf games and individual golf lessons every month
Travel Plus ProgramAvailable at an annual fee of Rs.5,000 with the international lounge
visit fee waiver of $27 for up to 8 visits in a year.
Entertainment benefitsBuy one get one movie ticket free on BookMyShow bookings
(up to 3 free tickets in a month, maximum discount of Rs.200 on each ticket).
Induslnd Bank Credit Card

(F.7) SBI Aurum Credit Card

SBI Aurum Credit Card

This is one of the famous premium credit cards in India. After all, it belongs to SBI, the most trusted bank in our country. Although, you may need to pay a high annual fee for this, but is exclusive benefits are truly mind-blowing. Let’s look at them in the following table-

Milestone BenefitsRs.1,500 Tata Cliq voucher on spending Rs.1 lakh monthly.
Rs.5,000 LUXE voucher on spending Rs.5 lakh annually.
Rs.10,000 Taj vouchers on spending Rs. 10 lakh annually.
Reward PointsEarn 4 reward points for every Rs.100 spent.
Redemption OptionsRedeem reward points for flight tickets,
e-gift vouchers, and hotel bookings.
Entertainment PerksEnjoy free movie tickets worth Rs.1,000 every month
(up to two tickets in a single transaction)
Lounge AccessAccess to 4 domestic lounge visits per quarter.
Unlimited international lounge access for the primary
cardholder and 4 visits for accompanying guests.
Airport Spa Access1 domestic airport spa access per quarter
Foreign Currency FeesLow foreign currency markup fee of 1.99%
Flight Cancellation BenefitsCoverage of Rs. 3,500 per ticket for refundable tickets
Coverage of Rs. 3,000 per ticket for non-refundable tickets
SBI Aurum Credit Card

(F.8) SBI Elite Credit Card

SBI Elite (Premium Credit Cards in India)

Do you know that the SBI Elite Credit Card has three variants? Yes! This is the result of SBI’s collaboration with three different entities- VISA, Mastercard, and American Express. It comes with different types of insurance covers and facilities for travelers. Let’s look into them-

E-gift voucherWorth INR 5,000 from brands like Bata/Hush Puppies,
Pantaloons, Aditya Birla Fashion, Shoppers Stop, and
Reward Points5X points for dining, departmental stores,
and grocery.2 points per INR 100 on all other spends.
No points on fuel
Fuel Surcharge1% surcharge on fuel
(government service tax applies up to INR 250).       
Club Vistara MembershipComplimentary Silver membership for primary cardholders.
One upgrade voucher
Earn nine Club Vistara points for every INR 100 spent on Vistara flights  
Bonus Reward Points10,000 points for spending between INR 3 lakh and 4 lakh in a year.
15,000 points for spending between INR 5 lakh and 8 lakh in a year.              
Annual Fee WaiverNo annual fee for spending INR 10 lakh.  
Priority Pass LoungesInternational lounges (4 times a year, 2 visits per quarter).
Domestic lounges in India (8 times a year, 2 visits per quarter).
Trident Privilege Red Tier MembershipAvailable for SBI Elite credit card users.
1,000 welcome points on registration. 
1,500 bonus points on the first stay and
INR 1,000 hotel credit on an extended night stay.   
International TransactionsEarn 2 points per INR 100 spent on international transactions.         
Assistance ServicesFlower delivery, gift delivery, online doctor consultation, and more.    
Fraud ProtectionINR 1 lakh cover for fraudulent purchases
(48 hours before reporting to 7 days after reporting).
Air Accident Liability CoverINR 1 crore cover for the primary account holder.
Mastercard Privileges (Specific to Mastercard Variant)Complimentary golf lessons, green fee access,
golf game discounts, and hotel discounts.
VISA Privileges (Specific to VISA Variant)Discounts on Hertz and Avis car rentals, and
benefits at luxury hotels worldwide.       
American Express Privileges (Specific to Amex Variant)Dining discounts and complimentary Tablet Plus membership
for VIP privileges at hotels.       
ProsEasy-to-use reward points
ConsCap on airport lounge visits
SBI Elite Credit Card

(F.9) Standard Chartered Priority Visa Infinite Credit Card

Standard Chartered Credit Card (Premium Credit Cards in India)

As the name suggests, its target audience belongs to the banking sector. You can call them banking clients. Go through the table given below to understand the key features of Standard Chartered Priority Vista Infinite Credit Card-

Key BenefitsExclusive lifestyle benefits through
‘The Good Life Programme’
Reward Structure5X reward points for every Rs.100 spent overseas.
5X reward points for every Rs.100 spent on retail fashion.
2X reward points on other expenses.
Lounge Access4 domestic lounge access visits at selected airports every quarter.
Priority Pass Membership for access to 1,000 airport lounges
worldwide at nominal charges.
Insurance CoverageOverseas air accident insurance cover of Rs.1.2 crore.
Medical insurance worth USD 25,000.
Additional InformationSuper-premium credit card with competitive reward rates.  
Standard Chartered Priority Visa Infinite Credit Card

(F.10) IDFC First Bank Wealth Credit Card

IDFC First Bank Wealth Credit Card

It is one of the most modern premium credit cards in India. Even though it has lower rewards as compared to others. But guess what? You don’t need to pay any annual fees. Yes! You will directly get 2.5% rewards and valuable benefits.

LTF (Lifetime Free) No joining fee
No annual fee
RewardsEarn rewards upto 2.5%
Rewards RedemptionRedeem rewards for Statement Credit.
Complimentary BenefitsEnjoy complimentary railway lounge access.
Receive roadside assistance.
Redeem for Gift Vouchers
Access to airport spa facilities.
Lounge AccessProvides domestic and international
airport lounge access.
IDFC First Bank Wealth Credit Card

(F.11) HDFC Bank Regalia Gold

HDFC Regalia Gold

The bank HDFC recently launched the Regalia Gold premium credit card. It is an upgrade over Regalia/Diners Club Privilege with enhanced milestone benefits.

Recommended UseIdeal to acquire if offered Lifetime Free (LTF)
for potential future upgrades to HDFC’s
super-premium credit card.
Joining Fee & Annual FeeLifetime Free (LTF) with specific spending
conditions orAnnual Fee of Rs.2500 + GST.
RewardsReward rates vary from 1.3% to 13.3%.
Best Redemption OptionsSmartbuy Flights/Hotels.Airmiles transfer.
Annual Fee WaiverAnnual fee waived upon spending
Rs.3 Lakhs for paid cards
(not applicable for LTF).
Notable FeaturesAttractive milestone benefits.
Complimentary International Airport Lounge Access.
HDFC Bank Regalia Gold Credit Card

(F.12) Tata Neu Infinity HDFC Bank Credit Card

Tata Neu Card (Premium Credit Cards in India)

It is an underrated credit card especially known for UPI functionality and more. Its Rupay variant is popular as a good UPI card with additional benefits.

Earning PotentialEarn up to 10% of NeuCoins and more through
promotional offers on the Tata Neu app.
Joining/Annual FeeJoining Fee: Rs.1499 + GST
Annual Fee: Lifetime Free (LTF)
RewardsRewards range from 1.5% to 6%.
Redemption OptionsRedeem rewards as NeuCoins for
Tata Neu app partners.
Annual Fee WaiverAchieve a waiver by spending Rs.3 Lakhs
in a membership year.  
Notable FeaturesAccess to exclusive Tata Neu app deals.
Complimentary Airport Lounge Access
Tata Neu Infinity HDFC Bank Credit Card

Note: Do you know Tata Neu is a super-app? You will get almost everything in this app. For more information, visit the article “All you need to know about Tata Neu.”

(G) Conclusion of Top Premium Credit Cards in India

As we stepped into the second decade of the 21st century, we got a variety of premium credit cards in India. They offer a variety of high-end options, each tailored for those who want the best in financial perks. These cards come from established banks and newer players, promising unique privileges, rewards, and impressive travel benefits. 

Among the top choices are cards like HDFC Diners Club Black, American Express Platinum Card, and SBI Elite, offering great value. Picking the right premium credit card isn’t just about money. It’s about opening doors to luxury and special experiences in the year ahead. 

We hope that this article is going to be helpful for you to select the best one among the premium credit cards in India!

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