A detailed description of the credit card companies in India and their key benefits, market share and recent changes is given below, which is explained in detail. Through this, you can know well about the credit card companies.

🏦 Major Credit Card Issuers

1. HDFC Bank

• It is India’s largest private sector credit card company, having distributed over 20 million active cards as of March 2025.
  
• Head of HDFC BankPopular cards are Regalia, Diners Club Black, Millennia, MoneyBack, Paytm HDFC Digital.
• Key Benefits: Reward points, lounge access, fuel surcharge waiver, online cashback – all are beneficial for everyone.
  
• Latest changes:From July 1, 2025, new transaction charges will be applicable on rent payments, online gaming, wallet loading, and reward points may be limited or discontinued on certain investment and insurance transactions.
  
• 2. SBI Card
• India’s second largest issuer; SBI Card, a subsidiary of SBI Bank, has issued over 2 crore active cards.
  
• SBI BankPopular cards are – SimplyCLICK, Prime, ELITE, Club Vistara, Air India Platinum/Signature.
  
• SBI BankThe key benefits are as follows – special offers on online shopping, fuel surcharge waiver, travel and entertainment.
  
• In SBI Banklatest updates Free air accident insurance is being discontinued on some SBI cards from July 2025 (paisabazaar.com, economictimes.indiatimes.com)।
  
• 3. ICICI Bank
• Third largest private card issuer; approximately 18.2 million cards ativos (cardinsider.com)।
  
• Popular cards: Coral, Sapphiro, Signature (MMT), Rubix.
  
• Key Benefits: Travel discounts, dining offers, faster reward points.
  
• 4. Axis Bank
• Fourth largest issuer; around 14.9 million cards (inventiva.co.in, navbharattimes.indiatimes.com, cardinsider.com)।
  
• Popular cards: Magnus, Flipkart Axis, Ace, ATLAS (Travel).
  
• Main Benefits: Cashback (Flipkart, GooglePay), Airport Lounge, Travel Benefits (inventiva.co.in, indiancompanies.in)।
  
• 5. Kotak Mahindra Bank
• About 48.5 lakh cards (bajajfinservmarkets.in)।
  
• Popular cards: PVR Gold, Royale Signature, Myntra Kotak (which will be changed to League Card) (inventiva.co.in)।
  
• Key Benefits: Entertainment, Travel, Fuel Surcharge Waiver.
  
• 6. American Express (AmEx)
• Leader in premium segment; ~14.5 Lakh cards.
  
• Major cards: Platinum, Gold, SmartEarn, Platinum Travel.
  
• Key Benefits: Global Concierge, Travel Insurance, Reward Points.
  
• 7. RBL Bank
• ~48 lakh cards (creditkaro.com, en.wikipedia.org)।
  
• Popular cards: Shoprite, Icon.
  
• Key Benefits: Shopping rewards, easy EMI options.
  
• 8. IDFC FIRST Bank
• ~35.5 lakh cards (cardinsider.com, inventiva.co.in)।
  
• Key Benefits: Rewards on domestic and international spends.
  
• 9. IndusInd Bank
  ~31.6 lakh cards (visitbest.in, cardinsider.com)।
  
  
  Top cards: Legend, Iconia—designed with premium customers in mind.
  
  
  10. Yes Bank
  ~2.4 million cards (inventiva.co.in)।
  
  
  Popular cards: Prosperity Edge, First Preferred.
  
  
  Main Benefits: Travel, Movies, Milestone Rewards.
  
  
  
  
  
  🗂 Other Issuers
• Bajaj Finserv/Bajaj Finance– NBFCs offering credit cards via Airtel Insta EMI Card (inventiva.co.in, en.wikipedia.org)।
  
  
  HSBC, Standard Chartered– Foreign banks offer limited but excellent credit card range (up to ~8.6 lakh cards).
  
  
  Public Sector:BOBCARD, PNB, Canara Bank, Union Bank– Major PSU card issuers (cardinsider.com)।
  
  
  
  
  
  🔍 Key Comparison
  
  
  
  
  Bank/Company
  Active Cards (Approx.)
  key benefits
  Recent changes
  HDFC Bank
  2 Crore+
  Reward Points, Lounge, Cashback
  Transaction fee update (1 Jul 2025)
  SBI Card
  2 Crore+
  Online Shopping, Travel Plus Insurance
  Air Insurance Discontinued (Jul 2025)
  ICICI Bank
  1.82 crores
  Travel, Dining
  –
  Axis Bank
  1.49 crores
  Cashback, Flipkart and Travel Specials
  –
  Kotak Mahindra
  48.5 lakhs
  Movie, Travel
  Myntra → League Card (Jul 2025)
  AmEx
  14.5 lakhs
  Premium Benefits
  –
• ✅ Tip: How to choose your card?
• Look at your spending habits– Travel, shopping, restaurants?
  
• Benefits and fees– Annual Fee, Lounge, Insurance, Rewards Eligibility, Surcharges.
  
• Latest Rules– Keep in mind the updates mentioned above, like changes by HDFC/ICICI/SBI.
  
• Customer Support– View revenge, complaints and facility availability.

Information about Credit Card:
A credit card is a type of plastic or metal card. For us, which is issued by a bank or financial institution. Through this, you can buy goods or services on credit and we pay for it later.

📌 Key points of Credit Card:

The information about which is given below –
Credit Facility:

With a credit card, you can spend money up to a fixed limit, which you have to repay within a specified time period (after the billing cycle).

Credit Limit:

The bank gives you a credit limit, that is, the maximum amount you can spend and you cannot spend more than the amount given in the credit limit.

Interest Rate:

If you do not make the full payment on time, you have to pay interest on the outstanding amount, which can be much higher than the payment rate (from 20% to 40% p.a.).

Grace Period:

Usually, you get 20-50 days to make the payment without interest.

RePayment (Repayment):

You can either pay the entire outstanding amount or pay the minimum amount. Interest is charged on paying the minimum amount.

Rewards & Cashback:

When you make purchases using many cards, you get points, cashback, discounts, air miles etc., which you can use for yourself.

✅ Benefits of Credit Card:
With a credit card youYou can shop without cash.

Funds facility is provided in emergency.

Rewards and offers are also given to you.

Helps in improving credit score

There is a facility to make purchases on EMI.

⚠️ Disadvantages of Credit Card:
If payment is not made on time, you may have to pay heavy interest.

It is not easy to lose control over expenses.

There is a risk of getting trapped in debt by making minimum payments.

Late fees and penalties may also be levied. Be careful.

🏦 Major Credit Card Providers in India:

Following are the major banks in India which provide credit cards:
HDFC Bank

SBI Card

ICICI Bank

Axis Bank

Kotak Mahindra Bank

American Express

City Bank

If you want, I can make something according to your budget and requirement.Recommended Credit CardsI can also tell you about other options – like for travel, for online shopping, or for cashback.

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!