What is a lifetime free credit card?

A lifetime free credit card is one that does not charge any joining fee or annual renewal fee, letting you enjoy benefits at no extra cost.

How do banks make money on lifetime free credit cards?

Banks earn through merchant fees on your transactions and interest charges if you carry balances, not from annual fees.

Are lifetime free credit cards really free?

Yes, they come with no annual charges. However, other fees like late payment charges, cash withdrawal fees, and interest may still apply.

Which banks in India offer lifetime free credit cards?

Popular issuers include HDFC Bank, Axis Bank, ICICI Bank, SBI Card, Kotak Mahindra Bank, and IndusInd Bank.

What benefits can I get with lifetime free credit cards?

You can earn cashback, shopping discounts, fuel surcharge waivers, movie offers, dining benefits, and sometimes even travel perks.

Can lifetime free credit cards also offer rewards points?

Yes, many lifetime free cards still provide reward points on your spends, which can be redeemed for vouchers, shopping, or bill payments.

Do lifetime free credit cards have income requirements?

Yes, most banks still require applicants to meet minimum income criteria, though these are usually lower than premium cards.

Are co-branded lifetime free cards available in India?

Yes, several banks partner with brands for shopping, fuel, or travel-focused co-branded lifetime free cards.

Can I upgrade my lifetime free card later?

Yes, some issuers allow you to upgrade to a higher-tier card. The upgraded card may or may not remain lifetime free.

How do I choose the best lifetime free credit card in India?

Compare benefits with your spending habits. For example, if you shop online often, choose a card with e-commerce rewards; for fuel, pick one with surcharge waivers.