In today’s financial landscape, credit cards are no longer just a tool for emergencies—they’ve evolved into lifestyle companions, rewarding you for every swipe. But in this era of hyper-competition among banks, paying an annual fee just to own a card feels increasingly outdated. Fortunately, several top-tier credit cards in India now come with zero annual fees, and they still offer a bouquet of benefits—from cashback and rewards to airport lounge access and fuel waivers.
These no-annual-fee cards are particularly appealing to first-time cardholders, students, and even seasoned professionals who want maximum value without the burden of hidden costs. As we move into 2025, the Indian credit card market is more customer-centric than ever. Let’s take a closer look at the most reliable and rewarding zero-annual-fee credit cards available right now.
Comparison of the Best Zero Annual Fee Credit Cards in India (2025)
Here’s a clear comparison to help you quickly evaluate which card might suit your needs best:
| Credit Card | Issuer | Joining/Annual Fee | Key Benefits | Eligibility |
|---|---|---|---|---|
| Amazon Pay ICICI Credit Card | ICICI Bank | ₹0 | 5% cashback on Amazon, 1% elsewhere | Amazon Prime members preferred |
| IDFC FIRST Classic Credit Card | IDFC FIRST Bank | ₹0 | Lifetime free, 6X rewards on online spends | ₹3L annual income |
| Axis Bank MyZone Credit Card | Axis Bank | ₹500 (Waived first yr) | Free SonyLiv subscription, lounge access | 18+ years, stable income |
| ICICI Platinum Chip Card | ICICI Bank | ₹0 | 1% fuel surcharge waiver, VISA/MC security | Salaried or self-employed |
| HSBC Visa Platinum Credit Card | HSBC Bank | ₹0 | ₹2,000 worth Amazon vouchers, 5X reward points | ₹4L annual income |
| AU Bank Altura Credit Card | AU Small Finance | ₹0 | Cashback on utility bills, dining, fuel | Credit score 700+ |
| Bank of Baroda Easy Credit Card | BoB Financial | ₹0 | 5X rewards on dining/grocery, EMI conversion option | ₹2.5L annual income |
Exploring the Amazon Pay ICICI Credit Card: A Smart Pick for Shoppers
For regular Amazon users—especially Prime members—the Amazon Pay ICICI Credit Card is a compelling choice. It offers 5% cashback on Amazon purchases for Prime members and 3% for non-Prime users, without ever charging you a rupee in annual fees. This card integrates directly with your Amazon Pay wallet, ensuring seamless cashback redemption and financial management.
The best part? There’s no cap on your earnings, making it a perfect fit for high-volume online shoppers. Plus, it’s a contactless card, adding an extra layer of convenience and safety in the post-pandemic digital economy.
The Digital-First Experience with IDFC FIRST Classic Credit Card
Unlike traditional players, IDFC FIRST Bank offers a modern experience from onboarding to transaction management. The IDFC FIRST Classic Credit Card is not only lifetime free, but also rich in features—6X reward points on online spending, interest-free cash withdrawal for up to 48 days, and zero over-limit or add-on card charges.
It caters well to digitally savvy users looking to streamline expenses and earn meaningful rewards without hidden surprises. If you’re looking for transparency and tech-driven convenience, this card deserves serious consideration
Axis MyZone Credit Card: Free OTT & Lifestyle Perks
While the Axis MyZone card carries a ₹500 annual fee, it’s waived off in the first year, and often in subsequent years based on usage. Designed with the youth and young professionals in mind, this card provides a free SonyLiv Premium annual subscription, along with complimentary lounge access—making it a perfect blend of entertainment and travel.
Although it isn’t lifetime free, the cost-benefit ratio is too favorable to ignore, especially for those who regularly dine out, stream content, or travel domestically.
Security Meets Simplicity: ICICI Platinum Chip Card
The ICICI Platinum Chip Credit Card is ideal for users who want basic utility without any frills. There’s no annual or joining fee, and you get standard benefits like fuel surcharge waiver and enhanced security through EMV chip technology. While the reward system may not dazzle power users, it’s a stable card for everyday needs—fuel, groceries, and bills.
HSBC Visa Platinum Credit Card: Premium Value at Zero Cost
What makes this card exceptional is the zero annual fee paired with premium welcome offers. You get vouchers worth ₹2,000, 10% cashback on initial spends, and accelerated rewards across dining and fuel. HSBC’s global banking footprint also makes it an excellent choice for international travelers who don’t want to invest in a high-maintenance card.
It’s particularly suited to salaried individuals with higher incomes who want a premium experience at zero cost, especially in the first year.
AU Bank Altura Credit Card: Tailored for the Budget-Conscious
AU Small Finance Bank’s Altura card is making waves among consumers who want targeted benefits like cashback on groceries, utilities, and fuel. There’s also a nifty reward system and 1% surcharge waiver at petrol pumps. The no-annual-fee structure makes it budget-friendly, while its focus on daily-use categories makes the savings feel tangible.
With growing trust in new-age banks, this card is emerging as a dark horse in the 2025 zero-fee credit card race.
Bank of Baroda Easy Credit Card: Simple Rewards with EMI Flexibility
BoB Financial offers a truly zero-fee card that still comes with features like 5X rewards on select categories, easy EMI conversion for large purchases, and zero liability protection against fraud. The BoB Easy Credit Card is particularly good for salaried employees and small business owners looking for control and flexibility without shelling out extra fees.
It’s proof that public sector banks are now offering features at par with private institutions.
Final Thoughts: Matching Lifestyle with the Right No-Fee Card
The Indian credit card market is brimming with options, but zero-fee cards truly stand out by offering excellent value without draining your wallet. Whether you’re a student shopping online, a corporate professional managing bills, or someone just entering the credit system—there’s a zero annual fee card that can fit your lifestyle without compromise.
Instead of blindly opting for premium cards with hefty charges, evaluate your spending pattern and choose a card that offers real returns. You might be surprised how much you can save—and earn—without paying anything at all.
FAQs About Zero Annual Fee Credit Cards in India (2025)
1. Are zero annual fee credit cards truly free forever?
Some cards are “lifetime free,” while others waive the annual fee only if spending milestones are met. Always check the terms.
2. Can I build credit with a zero annual fee card?
Absolutely. Timely repayments and responsible usage will help build a healthy credit score just like any paid card.
3. Do zero annual fee cards offer reward points?
Yes. Many provide cashback, reward points, or exclusive offers—even lounge access or OTT subscriptions.
4. Is there any hidden cost in these cards?
While annual fees are waived, there may still be interest on unpaid balances or foreign transaction charges.
5. Which zero annual fee card is best for online shopping?
The Amazon Pay ICICI Credit Card is a top choice, especially for Amazon Prime members.
6. Can I upgrade later to a premium card?
Yes, most issuers allow upgrades based on your credit history and usage patterns.
7. Are these cards accepted internationally?
Yes, provided they are on VISA, MasterCard, or RuPay networks with global acceptance.
8. How do I apply for a zero annual fee credit card?
You can apply online through the bank’s official website or via fintech aggregators.
9. Do these cards offer mobile apps for tracking?
Yes. Most issuers have dedicated apps for tracking expenses, paying bills, and managing rewards.
10. Is it safe to use these cards for UPI or online payments?
Yes. Most cards support secure transactions via OTPs and encryption, making them safe for online use.
Conclusion
Choosing the right credit card in 2025 doesn’t mean you have to pay extra. The best zero annual fee cards offer a fine balance of value, convenience, and benefits without locking you into recurring charges. As financial products continue to evolve, these no-cost options prove that smart money management is about making informed, practical choices. Whether you’re just starting your credit journey or looking to simplify your wallet, these cards are designed to empower you financially without unnecessary baggage. Explore your options, align them with your goals, and take advantage of what modern banking has to offer—without spending a single rupee on annual fees.
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