Zero Annual Fee, Maximum Rewards: Why These 7 Lifetime Free Credit Cards Are Winning Over Indian Customers
India’s credit card market is expanding rapidly, and banks are now competing aggressively to attract new customers. One of the biggest trends driving this growth is the rise of zero annual fee or Lifetime Free (LTF) credit cards. These cards charge no joining fee and no annual fee, yet still offer attractive rewards such as cashback, reward points, travel benefits, dining discounts, and airport lounge access.
For first-time users, young professionals, and cost-conscious spenders, LTF credit cards are becoming the preferred choice. They eliminate the worry of yearly charges while still delivering meaningful value on everyday spending. Here’s a closer look at seven popular zero annual fee credit cards and why they are gaining popularity among Indian customers.
Axis Bank – Fibe Axis Bank Credit Card
The Fibe Axis Bank Credit Card is designed especially for young, digital-first users. It comes with zero joining and zero annual fees, making it easy to own and maintain.
Cardholders earn 3 percent cashback on popular categories such as entertainment, food delivery platforms like Swiggy and Zomato, and cab services including Ola and Uber. Customers who spend ₹50,000 in a quarter also get a free domestic airport lounge visit. In addition, the card offers dining discounts under the Axis Dining Delights program, adding further lifestyle benefits.
ICICI Bank – Amazon Pay ICICI Credit Card
One of India’s most widely used lifetime free credit cards, the Amazon Pay ICICI Credit Card is ideal for frequent online shoppers. Prime members earn 5 percent cashback on Amazon purchases, while non-Prime users receive 3 percent cashback.
The card also offers 2 percent cashback at Amazon Pay partner merchants and 1 percent cashback on all other spends. Cashback is credited directly to the Amazon Pay balance, making redemption simple and instant. With no annual fee and easy rewards, it remains a top choice for online-first users.
ICICI Bank – Platinum Chip Credit Card
For users looking for a basic, no-frills credit card, the ICICI Platinum Chip Credit Card fits well. It offers reward points on every ₹100 spent and provides a 1 percent fuel surcharge waiver.
The card also allows transactions to be converted into EMIs, offering flexibility for larger purchases. With zero annual charges, it is suitable for users who want a straightforward card for regular expenses.
IDFC FIRST Bank – Millennia Credit Card
The IDFC FIRST Millennia Credit Card is designed for customers who want strong rewards without paying any fees. Cardholders earn 10X reward points on monthly spending above ₹20,000 and also receive bonus points on birthdays.
One of its biggest advantages is that reward points never expire, allowing customers to accumulate points without time pressure. This feature makes the card especially attractive for long-term users.
IDFC FIRST Bank – WOW! Credit Card
The IDFC FIRST WOW! Credit Card is issued against a fixed deposit, making it ideal for users with limited credit history or those looking to build their credit score. Despite being FD-backed, the card offers premium benefits.
It comes with zero forex markup, making international spending cheaper. Customers earn 4X reward points on every transaction, and the fixed deposit continues to earn interest of around 6.25 percent. This combination of savings and spending benefits makes it a strong option for beginners.
Federal Bank – Scapia Credit Card
The Scapia Credit Card by Federal Bank is a travel-focused lifetime free card. It charges no annual fee and offers zero forex markup on international spends.
Cardholders earn 10 percent Scapia Coins on all spends and 20 percent coins on travel bookings made through the Scapia app. Customers who spend between ₹10,000 and ₹15,000 in the previous month become eligible for unlimited free airport lounge access, making it a favourite among frequent travellers.
HSBC – Visa Platinum Credit Card
Available primarily in metro cities, the HSBC Visa Platinum Credit Card is another zero annual fee option. It offers 2 reward points for every ₹150 spent.
New users also receive a welcome bonus of 2,000 reward points upon spending ₹5,000 within the first 30 days of card activation. The card is well-suited for everyday spending with simple rewards.
How to Choose the Right Zero Annual Fee Credit Card
Before applying for a lifetime free credit card, customers should consider a few key factors. Choose a card that matches your spending habits, whether it is shopping, dining, travel, or fuel. Always confirm that the card is truly “lifetime free” and not fee-free only after meeting spending conditions.
A simple reward structure, such as direct cashback or easy-to-redeem points, is often best for new users. With the right choice, a zero annual fee credit card can deliver maximum benefits without any recurring cost, making it a smart financial tool for everyday use.
