Top 5 Credit Cards with Annual Fee up to Rs.500

Credit cards come in many varieties. Issued by various banks and other menders, every credit card is unique with differences in the varying features. One of these features is their annual price. While some of us would prefer a lifetime free card, others may choose a premium card. While one may seek a card that suits their particular needs, others could be looking for a card with a good cashback or reward rate.

With so many varieties and features, it is not always possible to find out a few potential options. So, to ease the task, we bring five credit card options for those seeking the same with an annual fee not more than Rs.500. Know these cards and go through the details added.

Top Five Credit Cards, Annual Fee Not Exceeding Rs.500

Here are the top credit cards we are talking about:

Flipkart Axis Bank Credit Card

• Joining Fee: Nil
• Annual/Renewal Fee: Rs.500
• Best For: Co-branded perks of Myntra and Flipkart
• Welcome Benefits (Activation Offer): With Flipkart Axis Bank Credit Card, you will receive a Flipkart voucher worth Rs.500 after first transaction within 30 days of receiving the card.
• Zero Cashback on Some Transactions: No cashback benefits for transactions such as petrol, wallet uploads, purchase of gold items, payment of card fees, cash advances, gift card purchases on Flipkart, purchases converted to EMI, and other card charges.
• EMI Conversion: Transactions above Rs.1,500 converted into easy EMIs through phone banking.
• Lounge Access: Spend at least Rs.50,000 in the previous quarter (3 months) to enjoy 1 complimentary domestic lounge access every quarter, maximum 4 in a year. No access to international lounges.
• Dining Benefit: Discount up to 15% (max. Rs.500) at more than 10,000 partner restaurants through Axis Bank Dining Delights programme.
• Cashback Benefits: Unlimited 5%, 4% and 1% cashback on Flipkart/Cleartrip spends, preferred merchants (cult.fit, Swiggy, Uber, PVR) and others, respectively. No cashback on fuel purchases.

Standard Chartered EaseMyTrip Credit Card

• Joining/Annual Fee: Rs.350
• Best For: Spends on travel via EaseMyTrip

• Rs.125 off on min. ticket value of Rs.500 on bus bookings through EaseMyTrip
• 10 reward points every Rs.100 that are spent at standalone airline/hotel websites, apps/outlets, except any travel aggregators
• Get up to 20% off on domestic/international hotel bookings done through EaseMyTrip
• Get up to 10% off on domestic/international flight tickets done through EaseMyTrip
• 2 complimentary domestic lounge visits in a year's time
• 2 reward points/Rs.100 that you spend on other categories (including spends at EaseMyTrip)

You may also like "Best Entry-Level Credit Cards in India 2025"

Airtel Axis Bank Credit Card

• Joining Fee: Rs.500
• Annual/Renewal Fee: Rs.500
• Best For: Recharges, bill payments
• Welcome Benefit: With Airtel Axis Bank Credit Card, you will get an Amazon eVoucher worth Rs.500 when you the first transaction within 30 days of receiving the card.
• Dining Benefits: Up to 15% off across partner restaurants across the country with EasyDiner.
• Airport Lounge Access: Four (4) card lounge visits allowed a year across select Indian airports on min. spends of Rs.50,000 during previous 3 months.
• Conversion to EMI: Conversion of big purchase into EMIs for transaction of or over Rs.2,500.
• Fuel Surcharge Waiver: 1% (max. Rs.500) is waived off on fuel purchases all across the country. The transactions need to be between Rs.400 and Rs.4,000. GST charges on fuel surcharge are non-refundable.

Cashback:

• On spends via Zomato, BigBasket, Swiggy: 10% cashback (capped at Rs.500/month billing cycle)
• On Airtel Mobile Broadband, WiFi, DTH via Airtel Thanks App: 25% cashback (capped at Rs.250/month billing cycle)
• On utility bill payments (water, electricity, etc) via Airtel Thanks App: 10% cashback (capped at Rs.250/month billing cycle)
• All other spends and merchants: 1% cashback (a few categories do not qualify for cashbacks)

Mid-Week Deals: Every Wednesday, enjoy the following offers:

• Instant savings up to 15% on hotels/flights via Makemytrip, Goibibo
• 10% off on purchases from Swiggy, Amazon Fresh
• 10% off (Maximum Rs.1000) on Tira

The rewards on the Axis Bank Credit Card make it a really valuable credit card, especially for all Airtel customers.

AU Altura Credit Card

• Joining Fee: Rs.199
• Annual/Renewal Fee: Rs.199
• Best For: AU Altura Credit Card is best for frequent travellers, first-time users of credit cards
• Contactless Benefit
• Lifetime-Free Add-On Cards

Cashback Features:

• 2% on all retail spends carried out at grocery/departmental stores, as well as for utility bill payments (max. Rs.50 cashback/statement cycle)
• 1% on all other retail spends (max. Rs.50 cashback/statement cycle)
• Exceptions exist

Railway Lounge Access:

• 2 complimentary airport lounge access/quarter
• Hence, 8 free lounge accesses allowed in a year

Milestone Benefit:

• Rs.50 cashback for at least Rs.10,000 retail spends in a statement cycle

Annual Fee Waiver:

• 1st year: Retail spends of Rs.10,000 within 90 days of card set-up
• 2nd year onwards: Min. Rs.40,000 spends on retail in the previous card anniversary year

Fuel Surcharge Waiver:

• 1% fuel surcharge waiver for transactions between Rs.400 and Rs.5,000

Card Liability Cover:

• Zero lost card liability in case of fraudulent transactions post reporting to the bank
• Protection against Counterfeit, Skimming, Online frauds

Xpress EMI:

• Transactions worth Rs.2,000 or more convertible into easy EMIs
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• Conversion of your choice of tenure

IDFC First Power Plus Credit Card

• Joining Fee: Rs.499
• Annual/Renewal Fee: Rs.499
• Best For: IDFC First Power Plus Credit Card is best for availing co-branded card advantages at HPCL

• Welcome/Activation benefits worth Rs.2,500
• Annual fee waived off for annual spends of Rs.1.5 lakh
• Interest-free cash withdrawal allowed
• Low interest rates from just 9% p.a. to 43.8% p.a. (0.75%/month to 3.65% p.m.)
• UPI facility for rewarding payments
• Extend an add-on card to a co-passenger and thus boost your savings
• Never-expiring rewards – can be accumulated/redeemed
• Refer to friends to earn up to 10,000 rewards, (2,000 rewards associated with every card set-up)
• Interest-free ATM cash withdrawal for up to 45 days with cash withdrawal fee of Rs.199/transaction
• Add-On card available
• Additional 1.5% savings (as Happy Coins) possible when using HP Pay App for HPCL fuel payments
• EMI conversion facility for purchases and balances for convenience

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