Best Credit Cards
from Leading Indian Banks

India's credit card market is booming! As of August 2025, over 100 million credit cards are in circulation, marking a significant rise in usage. This increase is driven by digital payments, contactless transactions, and a wide range of benefits including rewards, cashback, and exclusive offers.

The credit card market still has room for growth, with only 5.5 cards per 100 people, a figure much lower than that of the USA. With new innovations, like the integration of credit cards with UPI, and the rise of digital wallets and Buy Now Pay Later schemes, credit cards continue to offer unmatched benefits.

HDFC Bank is a key player in India’s credit card industry, with over 2 crore active credit cards in circulation. Known for premium cards like HDFC Infinia and Diners Club Black, HDFC also offers unique co-branded cards. Their latest launch, the Diners Back Metal Edition, is a great option for high-end customers.

IndusInd Bank provides a wide variety of credit cards catering to different spending needs. The bank offers premium cards like the Pioneer Heritage and Indulge cards, which offer excellent rewards and benefits for everyday purchases.

Yes Bank offers several top-notch credit card options, including the Yes Bank First Exclusive card, and has around 19 lakh cards in circulation. Their credit cards come with tailored benefits like cashback, shopping perks, and more.

SBI Card is one of the largest credit card issuers in India, with over 1.86 crore cards in circulation. The bank’s offerings include a wide range of cards suited for travel, shopping, and daily transactions, including co-branded options with Reliance.

Known globally for its premium offerings, American Express (AmEx) offers a selection of high-end credit cards such as the Platinum Travel Card and the SmartEarn Credit Card, ideal for those looking for exclusive travel perks, rewards, and lifestyle benefits.

IDFC First Bank has made a strong entry into the credit card market with options designed for both mass-market and high-end consumers. Their cards come with unique benefits and lifestyle features, including co-branded partnerships with brands like HPCL and Club Vistara.

Federal Bank offers a variety of credit cards, including the Federal Bank Elite and Federal Bank Classic cards, catering to both high-end and entry-level consumers. With a focus on easy access to credit and rewarding spending, Federal Bank continues to grow its card offerings.

Axis Bank is one of India’s top private banks, with over 1.35 crore credit cards in circulation. Offering premium products like the Axis Magnus and Reserve credit cards, Axis Bank also has an impressive range of co-branded cards that cater to a wide variety of consumer needs.