Lifetime Free Credit Cards - Banking of India

Banking of India > Lifetime Free Credit Cards
The annual or joining fee is a very important factor when looking for a perfect credit card. Almost everyone desires for a credit that offers maximum benefits with minimum charges. Some people opt for a lifetime free credit card as it frees them from paying the joining fee each while availing all the benefits that comes with the annual fee. Keeping all these things in mind, card issuers and financial institutions offers some lifetime.

Best Lifetime Free Credit Cards in India

With multiple lifetime free credit cards available in the market so choosing the best one can be really confusing. Keeping in this mind, experts at banking of India have prepared a list of best lifetime free credit cards in 2023 that you can opt and shop without stress of paying renewal or joining fee.

AU Bank LIT Credit Card

AU Bank LIT Credit Card

On-boarding benefits

The card offers many onboarding benefits such as 1 reward point per INR 100 and cashback benefits for a particular feature that you select. Not only that, the card offers membership to all the premium brands such as Zee5 and Amazon Prime video.

Rewards Rate

Get 10 Reward Points with this card

Joining Fees

No

HDFC Bank Bharat Credit Card

On-boarding Benefits

Not Applicable

Reward Points

5% cashback every month on spending bill payments and mobile recharge.

Joining Fees

Rs 5000 + applicable taxes

How to apply for Lifetime free credit cards online?

The process of applying for an annual fee credit card is similar to other cards that we have discussed previously. To apply for the card, you need to visit the official website of the bank or card issuer. Customers care numbers are also available on the official website of the bank if you require assistance. 

Lifetime free credit cards without Income Proof

There are almost card issuers that offers cards without income proof. But for most of the credit cards applicants needs to have a genuine income proof.  Nevertheless, here are some credit cards that may not require your income proof such SBI Unnati Credit card. But for this you must have Fixed Deposit as security so that the amount can be utilize in case you fail to make the payment. 

Is it worth it to pay the annual fee for a credit card?

Yes, paying the annual fee for the credit card can be really beneficial as it provides exclusive benefits and features. These special benefits and privileges can your annual fee payment worthwhile. Here are some factors that makes a credit card with a annual fee valuable. 

  • Welcome Bonus- There are many credit cards that offers unique benefits that can offset on the annual fee. These benefits are not applicable to lifetime free credit cards. 
  • Rewards and Bonus- Credit cards with a annual fee typically has higher reward rate as compared to those which are lifetime. 
  • Special perks and Benefits: You would receive perks and benefits that are not available with no-annual fee credit cards. These privileges include airport lounge access, insurance benefits etc.

Who Should apply for lifetime free or no Annual Fee credit cards?

  • New Credit Card Holders- If you are new to credit cards then these can be a perfect option for you.
  • Cardholders looking to diversify- Premium Cardholders seeking diversification may find value in getting no annual fee credit cards. 
  • Occasional User- For those who use credit cards infrequently, a no- annual fee is very economical.

Closing words

Whether you are a first-time applicant or an experienced credit user then no-card offers great value. A lifetime credit card is an ideal deal for the individuals who are just starting their credit journey. While no-annual credit cards generally offer fewer credits as compared to premium credit cards. Therefore, choose your credit cards wisely. 

The INFINIA Credit Card is designed for high-net-worth individuals who seek a luxurious lifestyle and exclusive privileges. The card has a high annual fee, which is offset by the premium benefits it offers.

Overall, the HDFC Bank INFINIA Credit Card is an excellent choice for individuals who travel frequently, enjoy premium privileges, and can afford the high annual fee. However, it is important to read the terms and conditions carefully and understand the fees, charges, and benefits associated with the card before applying for it.

Frequently asked questions related to Life Time Free Credit Card

Lifetime free credit cards are the ones which do not carry any renewal or annual fee. These cards aren’t different than other cards, these just don’t carry annual fee. 

 

Yes, these are free cards in terms of membership charges. However, that doesn’t mean you would nit face other charges. 

No, a zero annual fee on your credit card does not necessarily means it is free credit card. You are liable to pay all the charges other than annual charges. 

Yes, you can use no annual free credit for foreign transactions just like any other normal credit card.