Low Interest Credit Cards in India - Save on EMIs
Slash your interest, enjoy flexible EMIs, and keep your credit game strong 💸
Tired of sky-high credit card bills and never-ending EMI interest? You're not alone. In India, many salaried professionals unknowingly pay up to 40% annually in credit card interest. But guess what? You don’t have to. In this guide, we break down the best low-interest credit cards in India that help you save big on EMIs without compromising on rewards. Whether you're upgrading from a lifetime free credit card or switching from a high-fee product, this list has options tailored for smart savers. Plus, if you’re still unsure what fits you best, try our quick Credit Card Matcher Tool to get instant personalized recommendations.
Why Go for Low-Interest Credit Cards?
- Lower EMI burden: Save thousands on interest over time.
- Ideal for Big Purchases: Best for electronics, appliances, and education expenses.
- Better Control: Convert high bills into easy monthly installments with minimum charges.
- Perfect for Salaried Professionals: Combine low APR with fuel cashback, travel perks, and more.
Top Low Interest Credit Cards in India – 2025
1. IDFC FIRST Classic Credit Card
Interest Rate: 0.75% – 3.5% per month (9% – 42% p.a.)
- Lifetime Free
- 1.5% rewards on offline + 3X on online spends
- Fuel surcharge waiver + personal accident cover
- EMI conversion available at attractive rates
2. SBI SimplySAVE Credit Card
Interest Rate: 3.5% per month
- Annual Fee: ₹499 (waived on ₹1L spend)
- 10X rewards on groceries, dining, and movies
- EMI option available on transactions over ₹2,500
- Fuel surcharge waiver up to ₹100/month
3. AU Bank Zenith Credit Card
Interest Rate: 1.99% – 3.49% per month
- Annual Fee: ₹7,999 (high-end card)
- Exclusive lounge access (8 domestic + 4 international)
- 1.25% cashback on all spends
- Great for frequent travelers & high spenders
Comparison Table
| Card Name | Interest Rate | Annual Fee | Best For |
|---|---|---|---|
| IDFC FIRST Classic | 0.75% – 3.5% | ₹0 | Everyday & EMI Spends |
| SBI SimplySAVE | 3.5% | ₹499 | Dining & Budget Users |
| AU Bank Zenith | 1.99% – 3.49% | ₹7,999 | High Spenders & Travel |
Eligibility Criteria
- Age: 21 years and above
- Minimum income: ₹25,000/month (varies by bank)
- CIBIL score: 700+ preferred
- Indian resident with KYC documents
How to Apply?
Click the links above or visit the official bank site. Prepare your PAN, Aadhaar, latest salary slip or ITR, and address proof. Some banks support instant video-KYC approval.
Frequently Asked Questions (FAQs)
What is a low-interest credit card?
A low-interest credit card offers reduced interest rates on carried balances or EMI conversions, typically between 0.75% to 2.5% per month, helping you save money on big purchases and emergencies.
Who should use a low-interest credit card?
These cards are ideal for salaried professionals or anyone who regularly converts purchases into EMIs, carries a balance, or wants to avoid high interest during emergencies.
Is EMI conversion available on all credit cards?
No, EMI conversion is only available on select transactions and depends on the bank’s policies. Most low-interest credit cards like IDFC FIRST Classic and SBI SimplySAVE offer easy EMI options.
Do low-interest cards also offer rewards?
Yes. Many cards like the AU Bank Zenith or IDFC FIRST Classic combine low APR with generous rewards, lounge access, fuel waivers, and more.
How do I choose the best low-interest credit card?
Consider your spending habits, interest rate range, EMI flexibility, and fees. You can also use our Credit Card Matcher Tool for a personalized recommendation.
Final Thoughts
Low-interest credit cards are perfect for smart salaried individuals who want to enjoy the power of credit without falling into debt traps. Choose based on your lifestyle—whether cashback, travel, or EMI savings matter more to you.
Still unsure? Explore more guides on CreditPlanner.in.
