Ad
related to: Is HDFC Bank a trusted credit card issuer in India?No Credit Score Required To Be Approved—Credit Scores May Be Used if Available. Start Now. Find the Right Capital One® Card Offer for You. See Cards With the Features You Want!
- See Pre-Approved Offers
See if You're Pre-Approved Fast &
With No Harm to Your Credit Score.
- Venture®
Earn Unlimited 2X Miles Every Day.
Fly Any Airline, No Blackout Dates!
- Dining Rewards Cards
Good Food, Great Times & Cash Back.
Find a Dining Rewards Card Today.
- Quicksilver® Card
Earn Unlimited 1.5% Cash Back.
Rewards for Excellent Credit—Apply.
- SavorOne®
Cash Back on Dining & Entertainment
With a $0 Annual Fee. Apply Today!
- Travel Rewards Cards
Unlimited Miles on Every Purchase.
Redeem Miles—Compare Cards Now!
- See Pre-Approved Offers
Search results
- The Mumbai-based financial services company Housing Development Finance Corporation (HDFC) has become one of the most popular and trusted credit card issuers in the country, with more than 2.13 crore active credit cards (as of June 2024).
cardinsider.com/hdfc-bank/
People also ask
Is HDFC Bank the largest credit card issuer in India?
Can HDFC Bank issue new credit cards?
Who is HDFC Bank?
Is HDFC Bank reopening its credit cards?
Jan 24, 2024 · This milestone is noteworthy since HDFC Bank was one of the last major banks to issue credit cards compared to SBI or ICICI, which began issuing cards way before. Currently, HDFC Bank holds over 28% of the credit card market share in India, making it the largest issuer in the country.
- HDFC Bank: HDFC Bank is headquartered in Mumbai and is the largest private sector bank in India in terms of assets. In terms of market capitalisation, it is the fourth-largest bank in the world.
- Axis Bank: Just after ICICI Bank and HDFC, Axis Bank is the third biggest private sector bank in the country. The bank has its headquarters in Mumbai and has been one of the most trusted institutions ever since its inception in December 1993.
- ICICI Bank: In terms of market capitalisation and revenue, ICICI Bank is the second largest private sector bank in the country. The range of credit cards offered by ICICI Bank is great and covers all major categories, including travel, shopping, fuel, lifestyle, dining, and more.
- SBI Card: Right after HDFC Bank, the second largest credit card issuer in India, is SBI Card, with more than 1.78 Crores cards currently active. SBI Card’s headquarters are in Gurugram, and it is the lone publicly listed card issuer in the country.
SBI Card, the second-largest credit card issuer in India following HDFC Bank, boasts over 18.6 million active cards. Headquartered in Gurugram, SBI Card is the only publicly listed card issuer in the country.
- HDFC Bank
- State Bank of India (SBI) Cards
- Axis Bank
- ICICI Bank
- IDFC First Bank
- American Express
- Bank of Baroda
- Au Small Finance Bank
- Indusind Bank
- RBL Bank
HDFC Bank is not only one of the largest private banks of India but also has the major market share in terms of credit cards offerings. As of September, 2022, HDFC Bank has approximately more than 1.70 crore active credit cards and thus it is regarded as the largest card issuer in the country. According to the RBI, HDFC Bank holds 28.4% market shar...
The State Bank of India (SBI) is one of the largest public sector banks of India which issues cards and other payment services under SBI Card. SBI Card is a non-banking financial company of the (SBI) and had its initial public offering in 2020. It is one of the second largest card issuers of India, which offers a multiple variety of cards from life...
Axis Bank is the third-largest credit card issuer in the country after HDFC Bank and SBI Card. Post its merger with CitiBank, Axis Bank has acquired Citi’s affluent and premium credit card business along with other specific operations. From entry-level to business class category, Axis Bank issues a huge range of credit cards as per the needs and re...
ICICI Bank is the second-largest private sector bank in India in terms of revenue and market capitalization. Right from dining and shopping to movies and travel, ICICI Bank issues credit cards aptly for all kinds of spending categories. The bank also offers a robust rewards program and offers a huge variety of no annual fee credit cards such as Ama...
IDFC FIRST Bank was incorporated after the merger between IDFC Bank and Capital First Bank in December 2018. The bank offers an array of services and products including credit cards. It made an entry in the credit card industry in 2021 and came up with credit cards for both high-end customers as well as for masses. IDFC FIRST Bank is definitely one...
American Express which is popularly known as AmEx is a U.S. based multinational company. It is popular for its premium credit card offerings around the world. The AmEX is also known for its own huge credit card network as all the payment is processed over its own network. It forayed into the Indian market in 1993 and then soon AmEx became one of th...
Being as one of the major public sector banks of India, Bank of Baroda (BoB), offers a number of exclusive credit cards in different categories as premium as well as basic credit cards so that everyone can get a card as per their needs. BoB credit cards come with countless privileges such as welcome benefits, low joining fees and high rewards rate....
AU Small Finance Bank is an emerging Indian private sector bank which was incorporated in April 2017, with an aim to assist low and average-income earners. The bank also caters to the needs and requirements of small and medium enterprises and provides them with all the required banking and financial tools. They have a limited range of credit cards ...
IndusInd Bank is one of the largest private-sector lenders of India. The bank launched its credit card services back in 2013, when they launched the huge range of premium credit cards from the Indulge credit card to pioneer heritage credit card, both of which have exclusive benefits over several categories. At present the bank offers over 15 credit...
The Ratnakar Bank Limited (RBL) bank is one of the Indian private sector banks known in the sector for its customer centric approach. Even for the credit cards, the bank always keeps its customers at the topmost priority and provides them with huge offerings of credit cards to meet all of their requirements. At present, RBL has more than 40 credit ...
Jan 23, 2024 · HDFC Bank is the largest issuer of card issuers in the country, which commands over a fourth of the overall card market in terms of numbers. According to the Reserve Bank of India data for November 2023, HDFC Bank’s cards in circulation stood at nearly 19.51 million as compared to 19.18 million cards in October 2023.
3 days ago · New credit card addition recorded a 15.6% growth on year and 0.9% sequentially. HDFC Bank, the largest credit card player, took the lead in adding the most number of cards at 2.41 lakh cards taking its total credit card tally to 2.19 crore. It had added nearly 4 lakh cards in the month of July. Peer private sector lender ICICI Bank was second ...
Aug 18, 2021 · The Reserve Bank of India (RBI) has partially lifted restrictions imposed on HDFC Bank, allowing the private lender to resume issuing credit cards after it was banned from doing so in December 2020. However, RBI's ban on fresh digital launches remains intact.
