Credit cards are not just for the rich these days, credit cards are also available for those with low incomes. Almost all major credit card issuers offer multiple card options for low-income earners. Even though the income eligibility criteria for these cards are relatively low, these cards offer many benefits similar to those of high-end cards.

A person with a high income is more likely to get a high credit limit, while a person with a low income may sometimes be rejected by bankers. Therefore, there is a special credit card offer exclusively for low-income earners. Let’s take a look at some of these cards that are offered to low-income earners with an income of around Rs 15,000 per month:

Yes Bank ACE Credit Card

This Yes Bank ACE Credit Card includes an exciting reward points program along with other benefits like fuel surcharge waiver and lifestyle benefits.

• Joining Fee: Rs 499.
• Renewal Fee: Rs 499.

Features and Benefits:

• Earn 12,000 bonus reward points on spending Rs. 3.6 lakh.
• 6 reward points for every Rs. 200 spent on grocery stores and supermarkets.
• 4 reward points for every Rs. 200 spent on other categories.
• Who is it for: Suitable for people who regularly spend money on retail and online purchases.

Eligibility

age: Between 21 -60 years
Income: Minimum Rs. 25,000 per month.

SimplyCLICK SBI Card

With this SimplyCLICK SBI Card, you can avail attractive deals and discounts on online shopping and additional benefits on purchases from partner stores like Food Panda, Lenskart, Amazon.in, BookMyShow etc.

• Joining Fee: Rs. 499
• Renewal Fee: Rs. 499 (from 2nd year onwards). Exemption on annual spending above Rs. 1 lakh.
• Joining Bonus: Rs 500UD Amazon Gift Voucher.

Features and Benefits:

• Gift vouchers for annual online spends of up to Rs 2 lakh and Rs 1 lakh.
• Contactless payment feature.
• 1% fuel surcharge waiver on fuel spend between Rs 500 and Rs 3,000.
• Up to 10 reward points on online spends.
• Option to convert transactions above Rs 2,500 into EMI.
• Reward redemption option: You can get e-vouchers from partner brands to redeem your reward points.

Suitable for: People who shop online regularly.

Eligibility

Age: 21 to 60 years
Income: More than Rs 18,000 per month

SimplySave SBI Card

Offers multiple deals on spending on departmental stores, entertainment, groceries, dining, etc.

• Joining fee: Rs.499
• Renewal fee: Rs.499 (from second year onwards). Waiver on total annual spending exceeding Rs.1 lakh.
• Joining bonus: Rs.100 cashback on first ATM withdrawal within 30 days of card issuance.

Features and Benefits:

• 10 reward points on specific categories like movies, groceries, dining, and departmental store spending.
• 1 reward point on other category spending.
• 1% fuel surcharge waiver on fuel transactions between Rs 500 and Rs 3,000.
• Contactless payment feature for a safe and fast payment method at merchant locations.
• Option to convert transactions above Rs 2,500 into EMI.
• Reward redemption option: The accumulated reward points can be used to get products from SBI's rewards catalogue.

Suitable for: People who use credit cards for daily shopping needs.

Eligibility
Age: 21 to 60 years
Income: More than Rs 18,000 per month

HDFC Bharat Cashback Card

This HDFC Bharat Cashback Card gives you multiple cashback offers across categories like IRCTC, bill payments, fuel. You also get a chance to save up to Rs 3,000 across many other popular categories.

• Joining Fee: Rs 500
• Renewal Fee: Rs 500 (from 2nd year onwards). Exemption on total annual expenditure exceeding Rs 50,000

Features and Benefits:

• 5% cashback on rail bookings on IRCTC website and on expenses like fuel transactions, bill payments, recharges etc.
• 5% cashback on bank-provided facilities like Easy EMI, Payzapp, Smart Buy.
• 1% fuel surcharge exemption on transactions of Rs 400 and above.
• Accidental death insurance up to Rs 50 lakh and protection of belongings against fire and theft for 6 months.
• No liability fee if card is reported lost.

Reward redemption option: Cashback held in points can be redeemed as cashback on the cardholder's request.

Suitable for: People who use credit cards for daily shopping and paying utility bills.

Eligibility
Age: 21 to 65 years
Income: More than Rs. 12,000 per month

HDFC Freedom Card

You can earn reward points by using HDFC Freedom Card on various categories like dining, cinema, birthday expenses, groceries, railways etc.

• Joining fee: Rs 500
• Renewal fee: Rs 500 (from second year onwards). Total annual spending above Rs 60,000 is exempted.
• Joining bonus: 500 reward points on payment of membership fee.

Features and Benefits:

• 25X reward points on birthday spending and 10X reward points on spending on SmartBUY and PayZapp.
• Accidental death insurance up to Rs 50 lakh and fire and theft protection on belongings for 6 months.
• Gift voucher worth Rs 1000 on spending of Rs 90,000 in a year.
• Contactless payment feature.
• 1% fuel surcharge waiver (capped at Rs. 250 per billing cycle).

Reward redemption option: You can redeem points as cashback or choose from a special collection of products.

Suitable for: People who use credit cards for daily routine expenses.

Eligibility
Age: 21 to 65 years
Income: More than Rs. 12,000 per month