The wanderlust bug has bitten anybody and everybody. With flights almost everywhere and other modes of transport being available much more easily today, everyone is on their way to exploring a new destination.
Additionally, with many companies having their branches in cities across the world, many officer goers are also moving to new locations. Whether one is a student, employee, or just a tourist, traveling has reached new heights today.
Added to this frenzy are social media and blog posts describing the beauty of a new place in exquisite, envy-inducing detail, resulting in more individuals who wish to travel the world and explore the unknown.
Best Travel Credit Cards with No Annual Fee Benefits
However, this takes money, and traveling is not easy on the pocket, although quite popular. Entering the fray, credit cards, and Voila! A new means of funding travel expenses.
Since their introduction, credit cards have revolutionized how individuals spend their money, or in this case, the money available on credit through their best travel credit card.
Essentially credit card holders can avail of money on credit whenever they swipe their best travel credit card. Almost all banks provide customers with a plethora of credit card options today.
These credit cards come with different benefits and features along with additional perks such as AirMiles, rewards points, and dining and shopping discounts. These unassuming plastic pieces have completely changed how individuals manage their finances.
What is Travel Credit Cards?
Credit cards that provide benefits and features that largely cater to travel-related benefits and perks, such as AirMiles and hotel discounts, are generally categorized as travel credit cards.
Credit cards that provide travel-related benefits allow individuals to rack up points that can be used for their travel-related expenses.
Additionally, some of these cards might also provide lounge access, priority check-in, and other perks to ensure that individuals have a comfortable journey.
Several individuals use credit cards judiciously and rack up points redeemed for miles or other benefits.
In other words, the promise of a discounted air ticket or fuel-related rewards makes a credit card with travel-related benefits very appealing.
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3 Best Travel Credit Card No Annual Fee in India
Several companies have eagerly jumped onto the bandwagon and have released credit cards that provide customers with benefits that will aid them with their travel.
Most major banks and credit card providers have cards that provide specific travel-related perks as well. Other cards have also tied up with Airline companies to provide customers with the best possible offers and discounts.
Travel credit cards are some of the most popular cards procured by customers across the country today.
There are different travel credit cards, such as co-branded travel credit cards, which usually provide discounts, miles, and other benefits affiliated with the partner company.
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Others include general travel-related credit cards that provide benefits, and that can be utilized at several partner outlets.
A few of the most popular travel-related credit cards in India include:
#1. Amex Platinum Travel Credit Card
The American Express Platinum Travel Credit Card is one of the most procured cards by those who are always on the go. This card comes with many benefits and features to make travel convenient and affordable.
Some benefits include a welcome gift of 5,000 Milestone Bonus Membership Rewards Points that can be redeemed for travel vouchers worth Rs.4,000 and discounts and benefits on travel bookings with MakeMyTrip.com.
Additionally, complimentary visits to 29 airport lounges in Mumbai, Delhi, and Bengaluru, among other cities, can be availed along with travel vouchers worth Rs.11,800 when Rs.1.9 lakh is spent in a year through the card. Know more about Amex credit cards.
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#2. JetPrivilege HDFC Bank Diners Club Credit Card
Another credit card with travel-related benefits is the JetPrivilege HDFC Bank Diners Club Credit Card.
A welcome benefit of up to 30,000 Bonus JPMiles along with 15 JetPrivilege Tier Points within the first 90 days along, 8 JPMiles for every Rs.150 that is spent, and unlimited airport lounge access to more than 600 lounges across the world are just some of the benefits that can be procured through this unique travel credit card.
Other benefits include concierge services and exclusive dining privileges for customers.
#3. Yatra SBI Credit Card
Another co-branded credit card perfect for travelers is the Yatra SBI credit card.
Apart from being affordable, this travel credit card boasts several other perks and features such as vouchers from Yatra.com worth Rs.8,250 upon the joining fee, 6X Rewards Points when customers use their card at Yatra.com, additional 6X bonus points on base tariffs or base fare at Yatra.com.
Other benefits include a 0% fuel surcharge on transactions between Rs.300 and Rs.3,000 and complimentary lounge access to premium MasterCard airport lounges in the country.
Several other credit cards have travel-related benefits, such as Axis Bank Privilege Credit Card and Citi PremierMiles Credit Card.
Individuals can also check for other credit cards with similar benefits based on their requirements.
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Tips to Choose Best Travel Credit Card No Annual Fee
Considering the sheer number of travel-related credit cards on offer, individuals may have a tough time choosing the card that is necessary for them or will help them in their journeys and travels.
Below are some points that can help applicants narrow down their choices and apply for the right kind of travel credit card from the plethora of available options.
#1. Affordability
This is relatively generic, but different credit cards have different interest rates. Although the said credit card may provide several benefits, if the cardholder cannot pay off their bill in one go and accumulates interest after that, it may harm their repayment ability, leading to debt.
Therefore individuals must always look for a credit card that not just comes with benefits but is affordable.
This is also applicable in the case of fees. Certain cards come with only a joining fee and no fee, especially if the cardholder has charged a certain amount to their card the previous year.
Individuals must remember that interest rates and other charges may rack up over time unless they pay the bill on time.
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#2. Benefits and Features
Because there are a plethora of credit cards available in the market today that provide numerous travel-related perks that can overwhelm a potential applicant.
Therefore, all applicants are advised to go through the benefits and features carefully and pick a card that has benefits that can be used by them specifically.
For example, if an individual frequently travels abroad, but the said card only provides access to lounges within India or Airmiles that can only be redeemed for domestic flights, the benefits would be pointless.
Also, if the applicant travels by road frequently and the perks provided by the card are AirMiles related, it would be a loss. Therefore it is recommended that individuals look around and do their research before availing of a certain credit card.
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#3. Foreign Transaction Fee
A certain surcharge is imposed on credit cards when used abroad. Not all travel-related credit cards have this fee as part of their charges, although some might. Although the surcharge may not be that small an amount, it can add up quickly.
Therefore customers will have to check if this fee is a part of the card they wish to procure before doing so.
#4. Revisions of Reward Points
Credit card offers and Reward Points are continuously being revised and updated. Sometimes notifications would not be sent regarding the same.
Certain benefits are time-specific and will only last for a few months. Additionally, the benefits offered by Reward Points are also subject to change from time to time.
Therefore, individuals will have to check the frequency of revisions and validity of these benefits before availing of a travel credit card.
Keeping the above points in mind while helping individuals procure a travel credit card that is right for them and their lifestyle.
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Considering the sheer number of credit cards available in the market today, applicants must do their research before availing of one.
Procuring the wrong card might do more harm than good, as credit card bills can pile up over time and result in debt.
Being cautious and diligent in their credit card usage will greatly benefit customers. Travelling can be a great experience, and using the right credit card will only enhance this experience and help smooth journeys.
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