To get into the topic direct and straight; credit cards were formulated keeping in mind two things: Shopping and Shopping. Although it also eased the entire process of cash withdrawal, yet its primary focus was Shopping. It was made keeping in mind the huge untapped global market. And this ingenious invention is a testimony how innovative our race can be when the necessity arises. The initiation of the card ushered in two great things almost instantly. Firstly it gave ready means to the users or the customers, enabling them to shop without any limit. Although technically there is a credit limit; yet the flexibility is such that it is nearly limitless. So what does this small rectangular piece of plastic do? Which dramatically changed the world in such a short span of time? It did nothing, just gave wings to a long standing imagination. It gave flesh to the age old hypothesis of a borderless globe. It set in motion the phenomenon- which would later become the global village. Now the mechanism in which a credit card operates is pretty simple and easy. It gives the ability to its user to shop without paying for it right then and there in the store. The customer has to repay the credited amount into his bank account at a later time. As a result the entire concept of ?I will shop later? was erased from public psyche, and the future became the present. ?I will shop later, when I have money? became ?I can shop anytime I want?. This change in public psyche and mood was achieved in a very short span of time. And once this became a deep rooted convention, this whole thing of Shopping right now, it hanged the world.
There are a large number of types in which credit cardscan be classified into, based on the benefits and discounts they command, apart from fulfilling their primary task. Now in the whole wide world of credit cards, it can definitely be said that the fight for the championship is between two cards- namely the Platinum, and the visa one. Both of them are unique in their ways. The visa card is the license to shop anywhere around the world, and the Platinum card is the exclusive and royal one, just like the metal it is named after. Very soon after its invention, the card culturebecame extremely popular among its audience. And sensing this, the producers- the banks in this case, began to issue more and more of them. And not only issuing, but they went into an understanding with a wide range of service providers such as restaurants, the 5star hotel chains, dining chains, Shopping malls and destinations, e-commerce websites, hotels, travel websites and so on. This understanding made sure that if someone avails them using a creditcard, then the benefits that he or she will get are much larger in sale than if he transacts using cash. And this volume of benefits- in the form of guaranteed cash backs or discounts are much lavish in case of a Platinum card. Thus it is very clear, that hailing from a globalized world, Shopping is currently another name of Platinum cards. You can actually fulfil all your dreams of a lavish lifestyle using the Platinum card. The Platinum card is thus your most credible and lauded after partner in Shopping. And not only that, it also increases your social stature. Currently the phenomenon of globalization is hitting the world hard- in all its nook and corner, and thus the Platinum card is becoming a necessity more than ever before.
|Different Types of Credit Cards and Types||Joining Fee||Annual Fee|
|ICICI Bank™ Platinum Chip Credit Card||0||0.00|
|ICICI Bank™ Coral Credit Card||500||500.00|
|IndianOil Citi™ Platinum Credit Card||1000||0.00|
|RBL™ Bank Platinum Delight Credit Card||1000||1000.00|
|Jet Airways ICICI Bank™ Coral Visa Credit Card||1250||1250.00|
|RBL™ Platinum Maxima Credit Card||2000||2000.00|
|Jet Airways American Express® Platinum Credit Card||5000||10000.00|
The ICICI Bank's Coral Credit Card comes in cheap – at just a Rs. 500 annual fee, you can actually get this back in the first month itself by going for the 1+1 movie offer from BookMyShow™. Not only that, we also like that you can get your points converted to credit into your statement and the free quarterly visit to Domestic Airports and Railway Lounges are an added plus. Go for this card if you like Movies, travel once in a while and like earning points which actually translate to money.
The ICICI Bank™ Platinum Chip Credit Card is one of the best first credit card you can have. Not only it comes with zero joining fee and annual fee, its got everything going from Reward Points, fuel waiver etc. Go for this card if you are new to credit cards and want to get your feet wet.
CitiBank has launched The IndianOil Citi Platinum Card which will benefit people who use their vehicle frequently. This card offers excellent rewards for fuel transactions.
If you are a Jet Airways frequent flyer, this card is for you. Get 10000 points as a welcome gift and get 5000 points and a free ticket (base fare only) upon every renewal. We also liked the card's earn rate of 8 points for every Rs.150 spent (except on fuel, utilities, insurance & cash transactions) and the fact that Jet Airways lounges are complimentary. Go for it!
The premier airline company in the country and the premier bank in the country team up on this value for money credit card. Apart from the welcome bonus and the JP Miles enrolment, there are discounts on dining, free movie tickets and free access to Airport lounges in the country.
The RBL Platinum Delight Credit Card rewards first time or new credit card users with enough points to make it save more than the fees every year. We also loved the 2x Rewards on the weekends, the fuel surcharge waiver and getting to earn 1000 Bonus Rewards points every month
The RBL Platinum Maxima credit card is a must for movie-goers & frequent travellers. It has a great Rewards program and also gives you free movie tickets every month. This card is an all-rounder with reward points on shopping, flights & almost all other categories of spends.