Wondering Why A Premium Credit Card Is Better Than A Normal Credit Card? Read On To Know More

Credit cards are an ingenious financial instrument that enables you to encash your spendings. But, at times, you may wonder why your card is not reciprocating the way it should.

Is it because you are not spending enough? Or is it because your card has become outdated and you need to move on?

Yes! You guessed it right!

There are times when our spending power improves, and we can’t realise it. And, the chances are high that your normal credit card can seldom match your increased spending prowess.

If such a thing resonates with you, then it’s time for you to move on and grab a premium credit card.

The Top Reasons That Make a Premium Credit Card Better Than a Normal Credit Card

When you embark on the mission to find a premium credit card, you will most likely be spoiled for choice. Almost all card issuers claim that their best offerings outshine all other cards in the market. And, as a customer, this can cause a lot of confusion.

Finding the best premium credit card in India, however, can be easy when you know the parameters that can filter out the best from the rest.

Unlike a normal credit card, which offers you limited benefits, a premium card can offer king-size services and features that can make your spending habit a thing to cherish.

Here are the features that you may expect from a premium credit card:

More Reward Points/ Cashback

The annual fee of a premium credit card is generally higher than a normal credit card. To make the deal sweet, the card issuer may offer you much higher reward points or cashback on every purchase. 

For example, while a normal card may fetch you 1 reward point, which equals 1 rupee, for every INR 150 you spend on the card, a premium card, like the Standard Chartered Ultimate Card, gives you up to INR 5 for the same transaction.

Enhanced Credit Limit

With a premium credit card, you can enjoy a much higher credit limit, which can bring down the Credit Utilisation Ratio or CUR. CUR plays a massive role in determining your credit score. The lower the CUR, the higher the chances of a high credit score and better credit ratings. 

Free International Transactions 

Usually, a normal credit card imposes an additional fee when you use the card for making an international payment. Most premium cards waive off this charge. Some cards, such as the Citi

Prestige Credit Card, takes it one step further and offers up to 3.6% value back on overseas payments.

Accelerated Travel Benefits 

Unlike a normal credit card, which has a cap on the number of times you may visit airport lounges every year, the best premium cards offer unlimited lounge access at partner lounges. For example, the HDFC Diners Club Black Card offers its customers unlimited free lounge visits to 850+ Diners Club lounges across the world.

Elite Member Benefits

How often do you visit big hotels? If the number is too hard to figure out, then you need a premium credit card that offers you the coveted Elite Member status, something which a normal card rarely gives. 

Many card issuers tie-up with top hotel chains and offer you a free upgrade when you use the card to book a room. If you are an exceptionally high spender, you may occasionally get free nights as well.

Priority Check-in at Airports

Will you mind if your credit card enables you to bypass the crowd at the airport while getting into the aircraft? If your answer is NO, then a premium credit card is all you need. 

Cards like the HDFC Regalia Credit Card offer you the priority check-in facility for free and also permits you to carry an extra 5 kg luggage by flashing the Club Vistara Silver Membership status.

Exclusive Lifestyle Benefits

A premium credit card comes with a host of shopping, dining, and lifestyle benefits. You may get free movie tickets, whopping discounts on partner restaurants and hotels, and lifestyle stores. Additionally, when your total purchase crosses a milestone, you can get an annual fee waiver. 

Damage Protection

The best premium cards give you a free damage protection cover on the products you purchase with the card. Hence, you never need to worry about unforeseen circumstances playing truant with your high-value purchases.

With so many cards vying for your attention, choosing the best card can be tricky; which is why we have compiled a list of the best premium credit cards that can make your task simpler.

The Top-3 Premium Credit Cards in India

1. American Express Platinum Credit Card

The Platinum credit card is an overloaded card that scores high on all aspects. The following are some features of the card:

  • Free lounge access worth INR 35,000
  • Facility to join the International Airline Program and receive special discounts on World’s best airlines
  • Flat 25% off at Vivanta and Taj SeleQtions group of hotels
  • Up to 25% off on AirIndia business class tickets
  • Up to 50% off on dining at Oberoi Hotels and Resorts
  • Free insurance on overseas travel and purchase protection worth INR 5 lakhs
  • 2. Axis Bank Reserve Credit Card

If travelling and shopping are your favourite pastime, then this card will give you more reasons to indulge. Here are some features of the card:

  • Complimentary dining at signature restaurants
  • TataCliQ voucher worth INR 10,000
  • Fuel surcharge waiver
  • Free insurance cover for accident, purchases, baggage loss, and medical emergencies
  • 50% cashback on BookMyShow
  • Exclusive Club Mariott membership
  • Unlimited lounge access at over 1200 lounges

3. ICICI Bank Diamant Credit Card

This card can surely add another layer of glamour to your life. The benefits that you may expect with this card are as follows:

  • 3 PAYBACK reward points on all spend above INR 100 in India and 6 PAYBACK points on overseas spend
  • Free access to private islands, private yacht, and private jets
  • 4 free movie tickets on BookMyShow
  • Exclusive membership benefits at Taj Hotels, Resorts, and Palaces
  • Unlimited lounge access at over 600 airports


A premium credit card can welcome you into the world of luxury and give you a reason to stay there. To get even more from your card, you can pay credit card bill online through CRED, which can inflate your rewards for free.