Credit Cards are gaining grounds in India. There are number of banks in India who are distributing credits cards to people for free*!
I too have citibank credit card, and its still at its best. I have applied for an credit card in citi bank & they showed me 27 different cards, from master card to visa cards, gold, silver & platinum, etc. including many affinity cards such as Citibank Indian-Oil card, First Citizen card, and Maruti Suzuki Auto Card, and Cash return card.
There was an "Women's Visa Mini Card" which offers discount on home improvement products.
I am using citi cash return card, I like this card because, I usually get 1% cash back on every purchase, and gets 20% bonus on cash back earned on every purchase. There is no annual fee as well.
There is no limit or expiration on the amount of cash back I earn, APR is as low as a variable 8.24% on the purchase.
The family benefits that I have avail through citi bank card are health insurance for your family, overseas mediclaim, personal insurance (Suraksha) and Credit Shield service.
Here is the list of some major banks offering credit cards in India:-
State Bank of India credit card (SBI credit card)
Bank of Baroda credit card or BoB credit card
ICICI credit card
HDFC credit card
IDBI credit card
ABN AMRO credit card
Standard Chartered credit card
HSBC credit card
Citibank Credit Card
Make Sure!
You sign on the signature panel on the reverse of your card immediately with a non-erasable ball-point pen (preferably in black ink). This will assure that the membership rights are yours and yours alone.
