Premium credit cards go beyond everyday transactions and are designed to elevate the experience of the customers. For those whose financial needs demand more than standard credit card offerings, a suite of premium cards exists, each designed to cater to unique lifestyles. Owning a premium credit card often signifies exclusivity and access to luxurious privileges. These credit card types cater to high-net-worth individuals, offering benefits that align with their needs.
If you’re looking for a premium credit card, here is a list of some of the options designed for the super-rich in India:
1. SBI Card ELITE
The SBI Card ELITE is a top-tier credit card that combines value with premium benefits. For an annual fee of ₹4,999 plus GST, it offers a range of perks.
Key Features
● Complimentary Movie Tickets
Get free movie tickets worth ₹6,000 annually, capped at two tickets per month.
● Reward Points
Earn 5X reward points for dining, groceries, and departmental store spends.
● Lounge Access
Enjoy six complimentary international airport lounge accesses annually (Limited to two per quarter), and two domestic lounge visits per quarter.
● Travel Privileges
Gain complimentary memberships like Trident Privilege Red Tier and Club Vistara Silver.
● Forex Markup Fee
A low fee of 1.99% on foreign currency transactions makes it a practical choice for international travellers.
● Concierge Service
Access an exclusive concierge service for travel bookings and other requests.
This card is ideal if you frequently dine out, travel, or enjoy premium entertainment experiences.
2. HDFC Bank INFINIA Credit Card – Metal Edition
Unlike other credit card types, the HDFC Bank INFINIA Credit Card is an invitation-only card that epitomises exclusivity. With annual joining/renewal charges of ₹12,500 plus GST, it offers unmatched lifestyle benefits.
Key Features
● Club Marriott Membership
Complimentary membership for a year, with discounts at Marriott hotels.
● Unlimited Lounge Access
Both primary and add-on cardholders can enjoy unlimited domestic and international lounge visits.
● Luxury Hotel Stays
Complimentary night stays and buffet meals at select ITC hotels enhance your travel experience.
● Golf Privileges
Unlimited complimentary golf games at premium courses across India.
● Fee Waiver
Spend ₹10 Lakhs in a year to waive the next year’s annual fee.
With its unlimited lounge access and high-end privileges, this card is suited for those who frequently travel and indulge in luxury experiences.
3. HDFC Bank Diners Club Black Credit Card
The HDFC Diners Club Black Credit Card provides unparalleled benefits for international travellers and lifestyle enthusiasts. Available at a joining fee of ₹10,000 plus GST, its annual fee is waived if you spend ₹5 Lakhs in the preceding year.
Key Features
● Memberships and Subscriptions
Enjoy complimentary memberships to Club Marriott, Amazon Prime, Forbes, MMT Black, and Times Prime.
● Exclusive Vouchers
Earn vouchers for brands like TataCLiQ, cult.fit, and Ola Cabs by spending ₹80,000 or more in a month.
● Golf Games
Play up to six complimentary golf games per quarter at international and domestic courses.
● Foreign Currency Markup Fee
A minimal 2% fee on international transactions ensures cost-efficient spending abroad.
● Concierge Services
Benefit from 24/7 global concierge assistance for travel and lifestyle needs.
● Credit Liability Cover
Get a cover worth ₹9 Lakhs for added security.
This card is perfect for you if you prefer exclusive memberships and significant rewards on high-value spending.
4. Axis Bank Magnus Credit Card
The Axis Bank Magnus Credit Card stands out for its focus on luxury and wellness benefits. For an annual fee of ₹12,500 plus GST, it offers tailored privileges.
Key Features
● Welcome Benefit
Receive a ₹12,500 voucher upon paying the first year’s fee.
● Lounge Access
Access both international and domestic lounges, capped at 4 per year
● Dining Discounts
Save 30% on dining through the Axis Bank Dining Delights programme, at over 4,000 restaurants in the country
● Medical Concierge Services
Access to world-class second medical opinions and other healthcare services.
● Zero Cash Withdrawal Fee
Withdraw cash without additional charges, making it a practical option for emergencies.
This card is ideal for high-net-worth individuals seeking comprehensive lifestyle and wellness privileges.
Why Choose Premium Credit Cards?
Premium credit cards offer an array of benefits that justify their higher annual fees. Here’s why they could be a good choice for you:
● Joining Bonuses
Most premium cards provide substantial welcome benefits, including vouchers and memberships.
● Fee Waivers
Achieving milestone spends can waive the annual fee, making these cards cost-effective.
● Enhanced Reward Points
Earn higher reward points for both online and offline transactions, helping you save on purchases.
● Luxury Travel Perks
Access to airport lounges, golf privileges, and concierge services ensures a seamless travel experience.
● Exclusive Privileges
Enjoy discounts and offers at premium hotels, restaurants, and retail outlets.
● Specialised Assistance
Dedicated customer support teams cater to the unique needs of premium cardholders.
Conclusion
Premium credit cards like the SBI Card ELITE, HDFC INFINIA Credit Card, HDFC Diners Club Black Credit Card, and Axis Magnus Credit Card are designed to cater to the elite segment. Their exclusive perks, including lounge access, concierge services, and substantial rewards, make them a valuable addition to your financial portfolio.
If these features align with your lifestyle and spending patterns, investing in a premium credit card could elevate your financial and lifestyle experiences.