Quick Answer: Are Credit Cards Free?

A free credit card is an offer with no annual, monthly or one-time membership fees.

Some free credit cards also have 0% intro APRs, no balance-transfer fee and/or no foreign-transaction fee.

For example, if you carry a balance from month to month, you’ll still have to pay interest (unless there’s a 0% intro APR).

Does it cost money to use a credit card?

Fortunately, many credit card issuers waive the fee in the first year, giving you at least 12 months to enjoy your credit card at no cost. Annual fees range from $30 to $500, depending on the credit card you choose. Annual fees range from $35 to $300 depending on the credit card.

Is HDFC credit card is free?

Annual fees: Technically most Credit Cards charge an annual fee. However, specialised and co-branded cards such as the HDFC Bank JetPrivilege Signature Card do charge an annual fee, but they more than compensate you with welcome bonuses, complimentary lounge access and priority check-ins.

Which free credit card is best?

Top 12 No Annual Fee Credit Cards in India 2019

Credit Card Variant Annual Fee Benefits covered
YES First Preferred NIL Travel, entertainment, shopping, dining
Axis MY Zone Easy Credit Card NIL Travel, entertainment, dining, and rewards
YES Premia Credit Card NIL Travel, entertainment, shopping, dining

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Is Credit Card good or bad?

Personal finance experts spend a lot of energy trying to prevent us from using credit cards—and with good reason. However, contrary to popular belief, if you can use the plastic responsibly, you’re actually much better off paying with a credit card than with a debit card and keeping cash transactions to a minimum.