Pitfalls in Major Credit Cards

Axis Bank Platinum Advantage Credit Card- The card provides 25% cash back on movie ticket bookings, 5% cash-back on dining at all restaurants and 5% savings on fuel spends. But the drawback is the amount of cashback in a calendar year is limited to Rs 1,500 on movie ticket booking and Rs 4,500 in a calendar year on dining.

It also comes with the joining fees of Rs 1000 and Renewal fee of Rs 500.

RBS One Credit Card- Here, the customers can get up to 2% cash-back depending on the monthly usage of the card. Drawback pertaining to this card is the cardholder can get maximum of Rs 500 per month and the annual fee is Rs 595.

Kotak Trump Visa Credit Card- the cardholder gets 10% cash-back across all the restaurants and 10% cash-back on movie tickets and gaming passes. But the minimum requirement of outstanding balance of Rs 6000 and cash-back is only available on first five dining and movie transactions, up to a minimum of Rs 600 in a billing cycle.

Standard Chartered Super Value Titanium Credit Card- The cardholder can earn 5% cash-back on telephone bills and 1% cash-back on everything else above Rs 1000. Here, the cashback would not be applicable if the transaction value is below Rs 500 per transaction for Telecom and Petrol. Maximum cashback a cardholder can get is Rs 150 per eligible transaction and Rs 500 per month. Annual fee of this credit card is Rs 750.