Everything You Need to Know About Lifetime-free Credit Card

A lifetime free credit card is an appealing option which you can consider adding to your wallet when you want to start your credit card journey. In essence, a lifetime free credit card means a card that doesn’t levy any annual fee till the time you’re in possession of the card. You will enjoy rewards, cashback and other benefits without the burden of recurring fees.

However, it’s crucial to recognise that “lifetime free” does not mean the card is completely devoid of all costs, interests and fees. You may still incur interest charges for using your card irresponsibly.

Fundamentals of Lifetime-free Credit Cards

Essentially, a lifetime free card is a type of card that doesn’t charge any annual fees. This makes a lifetime-free credit card a budget-friendly option. You can unlock the following benefits once you sign up for this card: 

• Air Miles
• Fuel Surcharge Waiver
• Discounts
• Dining Offers
• Free Subscriptions 

The list can go on and on. These benefits vary depending on the issuer and the type of card you choose. It’s a great way to manage your spending without worrying about extra fees.

Features of a Lifetime-free Credit Card

Being a savvy consumer and using the card responsibly is the first step to enjoying all the perks of a lifetime free credit card. Such cards can provide a cost-effective way to build credit, earn rewards, and manage your spending over the long term. Some essential features of this card include:

• No Joining or Annual Charges
• Easy EMI Options
• Convenient Payment Features
• Buffer Funds for Emergencies
• Rewards, Deals and Discounts

Application Process for a Lifetime-free Credit Card

There are two ways of applying for a credit card, which are:

• Offline: For this process, you will have to find a branch nearby, visit it and start the process
• Online: This process allows you to complete your application in the comfort of your home

However, the rest of the process is similar: 

1. Check eligibility
2. Fill the form
3. Submit documents
4. Complete the verification process

Credit Cards in India – Our Top 5 Picks

Here are some of the best lifetime-free credit cards in India. From this list, you can select the card that works best for you:

Benefits of Using a Lifetime-free Credit Card

There are some common benefits of using a lifetime-free credit card, such as:

• No Annual Fees: This makes it more affordable, especially for people who are not looking at using the card too often
• Credit Score Building: It helps build or improve your credit score if used responsibly
• Reward Structure: Most lifetime free cards offer rewards, cashback, and other perks, making it an additional advantage
• Emergency Tool: Since there are no annual fees, you can keep it for unforeseen circumstances or as an extra option 
• Simple and Transparent: Most lifetime free cards are straightforward with no hidden fees, making them easier to manage 
• Pocket-friendly Option: Since there’s no annual fee, it is easy on your pocket and helps you manage your other financial obligations comfortably

You must work on your financial goals and manage your credit card well. If you are looking for a lifetime free credit card, you should consider applying for the One Credit Card. This credit card comes with a powerful app that makes it easier for you to track your monthly expenses and sends you notifications when you are about to cross your limit. 

The OneCard App helps in finding the best offers near you with a GPS tracker and also helps pay your rent and utility bills on time without fail. The biggest advantage of this card is getting 5X reward points on your top two spending categories. These points do not have an expiry date, so you can use them whenever you prefer.

This app also comes with features like MyRent, OneCash and EasyEMI. The card is widely inclusive as it offers a secured variant for those who don’t have a credit score yet. Don’t wait; apply now and start using all the benefits it has for you.