OneCard Metal Credit Card
OneCard VisaMastercard
Rewards 5.0%
Net Value ₹15,000
Joining Fee ₹0
Renewal Fee ₹0
— • Forex 1.0%
Low Fee Credit Cards India 2026
Discover the best low-fee credit cards in India with no annual fees or minimal charges. Compare affordable credit cards that offer great value without breaking your budget.
Fee Categories
🆓
No Annual Fee
Zero annual charges, perfect for occasional users
💰
₹500 or less
Low-cost cards with good rewards and benefits
💳
₹501-₹1,000
Broader budget segment for comparison (not all cards in this range are shown below)
Best Low Fee Credit Cards in India (₹500 or less)
47
BOBCARD Eterna (Legacy)
BOB Financial
Rewards 2.1%
Net Value ₹7,452
Joining Fee ₹2,499
Renewal Fee ₹0
Unlimited lounge access • Forex 2.0%
BOB Financial Eterna Credit Card
BOB Financial
Rewards 2.1%
Net Value ₹7,452
Joining Fee ₹2,499
Renewal Fee ₹0
Unlimited lounge access • Forex 2.0%
Airtel Axis Bank Credit Card
Axis Bank VisaMastercardRuPay
Rewards 3.8%
Net Value ₹11,754
Joining Fee ₹0
Renewal Fee ₹0
4 lounge visits • Forex 3.5%
Standard Chartered Priority Visa Infinite
Standard Chartered
Rewards 3.3%
Net Value ₹11,052
Joining Fee ₹0
Renewal Fee ₹0
48 lounge visits • Forex 3.5%
American Express Membership Rewards (MRCC)
American Express Amex
Rewards 1.0%
Net Value ₹15,000
Joining Fee ₹1,000
Renewal Fee ₹0
— • Forex 3.5%
Swiggy HDFC Bank Credit Card
HDFC Bank MastercardRuPay
Rewards 3.2%
Net Value ₹10,074
Joining Fee ₹500
Renewal Fee ₹0
4 lounge visits • Forex 3.5%
HDFC Diners Club Privilege Credit Card
HDFC Bank
Rewards 2.8%
Net Value ₹9,492
Joining Fee ₹1,000
Renewal Fee ₹0
24 lounge visits • Forex 3.5%
Times Black ICICI Bank Credit Card
ICICI Bank Visa
Rewards 2.0%
Net Value ₹7,152
Joining Fee ₹0
Renewal Fee ₹0
Unlimited lounge access • Forex 1.5%
Central Bank of India SBI Prime Card
Central Bank of India
Rewards 1.8%
Net Value ₹10,492
Joining Fee ₹2,999
Renewal Fee ₹0
12 lounge visits • Forex 3.5%
HSBC Live+ Credit Card
HSBC Visa
Rewards 2.8%
Net Value ₹8,709
Joining Fee ₹999
Renewal Fee ₹0
4 lounge visits • Forex 3.5%
Scapia Federal Bank Credit Card
Federal Bank
Rewards 1.0%
Net Value ₹3,000
Joining Fee ₹0
Renewal Fee ₹0
— • Forex 0.0%
Understanding Credit Card Fees
Common Credit Card Fees
- 💰 Annual Fee: One-time charge per year
- 💰 Foreign Transaction: 2-4% on international spends
- 💰 Late Payment: ₹500+ for missed payments
- 💰 Cash Advance: 2-3% + interest on ATM withdrawals
How to Choose Low Fee Cards
- ✅ Calculate your annual spending to see ROI
- ✅ Look for waiver of annual fee on first year
- ✅ Check foreign transaction fees if you travel
- ✅ Compare reward rates vs annual fees
Low Fee Credit Cards FAQs
Are there really credit cards with no annual fee?
Yes, many banks offer credit cards with no annual fee, especially for beginners or as introductory offers. Popular options include SBI Unnati, YONO Credit Card, and various Rupay cards. However, these may have lower rewards and limited benefits.
Do low fee cards offer good rewards?
Some low-fee cards offer excellent rewards. For example, HDFC Millennia offers 1 reward point per ₹100 spent (worth ₹0.25-₹0.50 per point) with a low annual fee. The key is to calculate the net value after accounting for fees.
When do annual fees make sense?
Annual fees make sense when the rewards and benefits exceed the fee amount. For example, if a card costs ₹500 annually but gives you ₹2,000 in rewards and benefits, it's worth it. Premium cards often justify higher fees through lounge access and travel benefits.