When having a cash crunch, the biggest rescue you can have is through credit cards. Having a credit card in wallet gives you the power of shopping your favourite stuff as the plastic money enables a number of things for you.

While choosing credit cards, the focus remains very much on the annual fees. Do you know, there are some credit cards that do not charge any annual fees from the cardholders? Top lenders like ICICI Bank, Axis Bank and others are busy offering such cards to add to the growing list of the credit card customers. So, let’s find out those.

Credit cards with no annual fee reduce the cost of the cardholder each year, which otherwise would get deducted from the account. A lot of shoppers apply for these cards, which are shown below.

ICICI Bank Instant Platinum Credit Card

ICICI Bank Instant Platinum Credit Card is a lifetime free credit card, comes to you with no annual and joining fees. Available against the fixed deposit of ICICI Bank, the card has a bundle of exciting offers that can let you shop more. You can check out the following offers applicable to the card.

• A discount of upto INR 100 available on booking 2 tickets in a month at bookmyshow portal.
• Reward points earned can be redeemed for cash.
• A minimum 15% saving can be realized while dining at over 800 restaurants thanks to the bank’s Culinary Treats Program.

Axis Bank Select Credit Card

A lifetime free Axis Bank credit card, the select card is specifically designed for the bank’s Burgundy Customers. With no annual and joining fee, the card can prove to be a wonderful experience for the shoppers with the availability of luxury shopping voucher worth INR 1000, along with priority membership pass. Other privileges include the complimentary airport lounges across the globe, complimentary golf round sessions, as well as 15% discount with Dining Delights program. All these and more help experience an enjoyable shopping with the Select card.

HSBC VISA Platinum Credit Card

The card, with no annual and joining fees, comes with a flurry of discounts, rewards, cashbacks, and much more. Catch all that in the points below.

• 2 reward points on a spend of every INR 150
• Earn 5 times rewards on purchases subsequent to crossing the spend of INR 4 lakhs annually.
• Avail extra reward points on shopping at participating Extra partners.
• Regular reward points to be credited as soon as the transaction is posted on the HSBC Systems. Whereas, the extra rewards would be credited within 2 months at the end of purchase month.
• 3X reward points on offer with a spend on dining, telecom and hotels for the first year.
• A 10% cashback available on all the spends within 90 days of the card issue. A minimum spend of INR 10,000 has to be made to avail the cashback. The maximum cashback amount is INR 3,000 per card from 1st July, 2017 to 31st December, 2017.
• For a cardholder to avail the cashback, a minimum of 3 transactions would be necessary. In the absence of the same, cashback won’t be given.

SBI Unnati Credit Card

As soon as Unnati card made an entry, the world went upside down with the announcement of zero annual fee for the first 4 years of the card use. A host of exciting features and convenience sets this card apart from the rest.

All you need is a fixed deposit of INR 25,000 or more with SBI to apply for Unnati card and avail the benefits that are on offer. But before that, take a peek at the attractive features of the card below.

• 1 reward point for every INR 100 spent via card
• Reward point redemption against gifts from reward catalogue
• A cashback of INR 500 if you spend INR 50,000 and above
• 1% fuel surcharge waiver allowed for transactions worth INR 500-3,000 at petrol pumps across India
• Worldwide acceptance with 24 million outlets waiting for you to swipe the card.