The Highest Rewarding Credit Cards: Co-Branded Cards.

What is the fuss?

Credit cards are a financial product that has wowed customers for decades. They offer discounts and access to clubs/memberships; the premium ones also act as status symbols.

Most new to-credit users want their hands on credit cards to get credit, spend more than they earn, and get cashback/rewards.

Cashback and discounts have fascinated price-sensitive Indian customers so much that we like to spend hours comparing the cashback rate and the best card for the best online platform to maximise discounts.

While premium cards with heavy annual fees have an allure, a different card type provides the highest cashback, Co-Branded Cards. These co-branded cards provide cashback anywhere from 6% to 25%. Insane!

In this edition, I share my experience using co-branded credit cards for more than 5 years now and why I am sticking with them over premium, expensive-to-own cards.

Let’s get started.

Reason 1: Zero Annual Fees

While premium cards boast high annual fees, north of INR 10k per year, co-branded cards come at zero yearly fees. Yes, let me repeat, ZERO annual fees.