LIC Credit Card

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I came to know about the LIC credit card (http://www.liccards.co.in/) which is a lifetime free credit card issued by LIC. Now before jumping into the offer I just wanted to know about its pros and cons.

Can someone help?

2 Answers

LIC is issuing credit cards in association with Axis bank. I don't see any special advantage in getting a LIC credit card.

Their rewards catalog is also not that great. For every 4 points you get around 1 Rs value product. In gold card, if they issue 1 point per 100 rs spent, that makes it 0.25% value in return.

I would suggest getting a Citibank card, if you are eligible.

Also read this article from jagoinvestor: Best Credit Cards In India

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