What are the benefits of having a credit card?

Hdfc Swiggy credit card I am getting 1.5k cashback every month.

Airtel axis, best all rounder, slab based cashback but worth it, 10% on Swiggy, zomato, big basket. And 10 % utility bills . There is a limit on how much you could earn in a monthly cycle but worth it Tata neu infinity, if you buy too often from tata ecosystem Sbi cashback , 5 % cashback on every online purchase irrespective of platform

AMEX Centurion 😜

Full of Swag, When you pull it out to pay for Dhaniya.

Main benefit is 'Aukaat se zyada spend kar sakte ho'. Plus usual ones like reward points, discounts, lounge access etc etc.

There was axis vistara card not sure if it's there anymore. I still use it find it very nice

Broadly there are two types of Credit cards in the market:

1. Rewards in terms of cashback directly added to your statement.
2. Rewards in terms of Reward points which can be converted to flights, hotels etc.

Depending on your usage and monthly expenses that you can shift on to a credit card, you can apply for a credit card.

I highly recommend joining reddit r/creditcardsindia

Benefits the system.

Every time you take credit, banks create money out of thin air. Economy technically grows, and do does the inflation.

Credit and loans are the key factors behind inflation in the fractional reserve banking system.

Which is best for flights? I have lot of travel to do and need travel credit card

I guess benefits about it you can Google, even LLMs would give you that answer.
As to which one is the best - Totally depends on what kind of benefits you want from it, the kind of reward redemptions you are looking for and how much you are gonna spend on the card.

Here’s basic reason for credit card - rewards.

If you had HDFC Infinia -

If a product costs 1 lakh, you will pay 1 lakh and get upto 30% discount in form of reward point (extreme example from Infinia card).

Say you made many such payments over few months. Accumulated reward points can then be used for hotel/flight booking etc when you go on tour. Depending on terms and conditions, it will be up to 70% cheaper because you had reward points earned by previous spend.

Keep in mind, I used Infinia as example, lower/other cards have different use case/points structure.

So basically, over the year if you spend 10 lakhs and you optimised for reward points, you’ll have 3 lakh reward points. Which means a good trip to Singapore for family of 2 is now sponsored by hdfc for using their card.