21 Expensive Credit Cards with High Joining & Annual Fees in India
We have talked about credit card for low income earners here. But for a card company individuals with high income earners/who are wealthy and spend heavily are the main targets as returns from them makes company’s balance sheet green. Considering the spending habits of high income individuals as they splurge money on expensive things such as 5 star hotels and clubs, jewelries and many others, card companies have designed many expensive cards having very high joining and annual fee. And card companies offer wide range of benefits to entice wealthy individuals to buy and spend more. So here’s the list of credit cards for high income individuals along with joining and annual fee:
| Bank Name | Credit Card Name | Joining Fee (Rs.) | Annual Fee (Rs.) |
|---|---|---|---|
| Kotak Bank | Privy League Visa Signature | 7,500 | 5,000 |
| Kotak Bank | Privy League Visa Signature | 5,000 | 5,000 |
| Kotak Bank | Royal Signature Card | 19,000 | - |
| ICICI Bank | Sapphiro | 6,000 | 3,500. Waived off for first year if the spend is Rs. 5,00,000 |
| ICICI Bank | Rubyx | 3,000 | 2,000. Waived off for first year if the spend is Rs. 2,50,00 |
| ICICI Bank | Coral American Express | 1,000 | 500. Waived off for first year if the spend is Rs. 2,50,000 |
| Axis Bank | Signature Credit Card | 5,000 | 6,000. Waived off for first year if the spend is Rs. 6,00,000 |
| Axis Bank | Signature Credit Card with Travel Benefits | 1,500 | 1,000. Waived off for first year if the spend is Rs. 2,40,000 |
| Axis Bank | World Select Card | 10,000 | 4,500 |
| Axis Bank | World Card | 3,500 | 3,500 |
| State Bank of India | Signature Card | 4,999 | 4,999 |
| State Bank of India | Platinum Card | 2,999 | 2,999 |
| State Bank of India | Signature Contactless Card | 4,999 | 4,999 |
| State Bank of India | Advantage Signature Card | 4,999 | 4,999 |
| State Bank of India | Advantage Platinum Card | 2,999 | 2,999 |
| State Bank of India | BMB Platinum Card | 2,999 | 2,999 |
| Citibank | Rewards Card | NA | 3,000 |
| Citibank | PremierMiles Card | NA | 3,000 |
| Ratnakar Bank Limited | Titanium Card | Communicated at the time of buying | Upto 2,000 |
| Ratnakar Bank Limited | Platinum Delight | Communicated at the time of buying | Upto 4,000 |
| IndusInd Bank | Platinum Card | NA | 3,000 |
Also check out credit cards with no annual fee and joining fee.
There are many privileges offered by card companies for owners of such expensive cards such as:
- Very high credit limit
- Expensive welcome gifts after joining
- Access to airport lounges
- Highest security
- Club memberships
- Travel accommodations and insurance
- Discounts on events and many more
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