logo
4 best credit cards with hotel or travel partnerships; check the full list here

4 best credit cards with hotel or travel partnerships; check the full list here

Mint17-06-2025
Do you love to travel and eat out at hotels? If yes, you can subscribe to a credit card which has a strong partnership(s) with airlines, a premium hotel or a chain of hotels.
There are some credit cards which offer a range of benefits to travellers such as reward points, airmiles & discounts, among others. Here, we give a lowdown on travel credit cards, which provide special features, discounts and complimentary stays. These are some travel cards with which have a strong hotel or travel partnerships.
I. HDFC Infinia / HDFC Diners Club Black: This card allows cardholders to stay for 3 nights, while you pay for two at the participating ITC hotels. The card also offers complimentary Club Marriott membership for first year that offers up to 20 percent discount for dining and stay across Asia-Pacific region.
II. ICICI Bank Emeralde Credit Card: This card allows you to get a refund of up to ₹ 12,000 for a maximum of two transactions every year on any flight/ hotel/ movie booking cancellation. The card also gives unlimited complimentary access to select lounges at airports in India.
III. Marriott Bonvoy HDFC Bank Credit Card: This card provides complimentary Marriott Bonvoy Silver Elite Status. This leads to one free night award and 10 Elite Night Credits on first eligible spend transaction or fee levy on the card.
IV. Axis Bank Atlas Credit Card: This card does not have any special partnership and projects itself as an airlines agnostic travel card. This is designed to benefit on every travel one undertakes. On cc, the card offers 5 Edge miles per Rs100 spend. The card also offers 2 edge miles on other spends.
These are some of the reasons for opting for cards with special partnerships:
A. One gets to claim complimentary hotel nights or upgrades.
B. This leads to faster loyalty status with hotel chains.
C. The partnership often means higher reward value when redeeming for stays.
D. These cards offer exclusive discounts and dining benefits.
Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mint explainer: Sebi moots reboot of 1992 broker rulebook
Mint explainer: Sebi moots reboot of 1992 broker rulebook

Mint

timean hour ago

  • Mint

Mint explainer: Sebi moots reboot of 1992 broker rulebook

The Securities and Exchange Board of India (Sebi) has issued a consultation paper proposing a ground-up rewrite of the 1992 Stock Brokers Regulations to simplify compliance, codify key circulars, and align the rules with today's tech-driven markets. It has invited public comments until 3 September. Mint breaks down what changes most for brokers, investors, and markets. What are the proposed definitions? Sebi has included definitions of 'algorithmic trading', which is order generated using automated execution logic and 'execution only platform (EOP)', a digital/online platform that facilitates subscription, redemption and switch transactions in direct plans of mutual fund schemes. Sebi also deleted the definition of a 'small investor' as the threshold of ₹50,000 was considered an outdated classification. Legal experts who advise brokers believe the proposed definitions may be too broad or missing out on spelling out exceptions. Sonam Chandwani, managing partner of KS Legal, said the proposed algorithmic trading definition is so broad that it risks capturing everything from basic order-routing tools to high frequency trading (HFT). 'This approach could subject low-risk participants to disproportionate compliance obligations designed for far more sophisticated and potentially disruptive trading systems." Chandwani said. How will registration and governance change? Sebi's consultation paper has specified that at least one designated director must be resident in India (182+ days per financial year) for broker-companies at registration consideration. It also specified that brokers must intimate Sebi (via an exchange) and other market infrastructure institutions (MIIs) of any 'material change" in registration information, not just change in control. Change-in-control approvals are to be routed through an exchange. Lawyers said the new 'material change" intimation will raise compliance overhead and may trigger disputes unless Sebi/exchanges clearly define scope, timelines, and formats through circulars. 'What is material change has not been defined in the proposed regulations. This additional requirement may increase the compliance burden on brokers, and the absence of a clear definition for 'material change' could lead to differing interpretations and potential disputes," said Akshaya Bhansali, managing partner at Mindspright Legal. What is changing for large brokers designated as QSBs? Sebi has proposed to rely on size/scale metrics only for Qualified Stock Brokers (QSB) designations. The metrics will now include active clients, client assets held with the broker, trading volumes, end-of-day client margin obligations, and proprietary trading volumes. Compliance and grievance scores, Sebi suggested, will not be qualifying criteria, as it puts additional burden of compliance on an aspect that is already monitored. Experts said this move is essential. 'While these requirements do increase compliance and operational costs, the large customer bases and high transaction volumes handled by QSBs make it essential for ensuring transparency and maintaining the credibility of market intermediaries," said Prakarsh Gagdani, chief executive officer (CEO) at Torus Digital. However, Narinder Wadhwa, managing director & CEO of SKI Capital Services Ltd, said the debate of compliance burden for QSBs being proportionate or overly stringent remained, potentially affecting competitiveness. How is recordkeeping and digitisation being streamlined? Sebi has proposed permitting electronic maintenance of books or records, essentially removing physical-security-era requirements, which includes paper contract note copies. Brokers must inform exchanges (not Sebi directly) where books/records are maintained, Sebi said, aligning submissions and communication through the exchanges. 'Changes in documentation, compliance technology, and reporting structures could require significant investment. There could be possible shifts in client onboarding norms, record-keeping formats, and real-time reporting obligations", Wadhwa said. How will fees and net worth requirements change? The consultation paper removes references to the outdated 1990s transition-year and has standardised fee payment processes and timelines through exchanges and online gateways. Exchanges collected these fees segment-wise. Sebi also proposed to remove the fixed base net worth and the formula-based variable net worth in the current regulations tied to client cash balances at brokers. The regulator reasoned that the provisions became less relevant after it introduced the mandatory upstreaming of client funds to clearing corporations. Through this, the investors' clear credit balances are transferred by the broker to the clearing corporation every day. Experts said the absence of clarity on how 'variable net worth" will be computed created uncertainty for capital planning. 'The shift of variable net worth to circulars means Sebi can change the formula quickly. Helpful if upstreaming lowers balances, but risky if they widen what counts. Large brokers can absorb swings; smaller ones may face sharper, less predictable capital demands", Ajay Kejriwal, executive director at Choice Equity Broking, said. What is the new power to relax strict enforcement? The regulator proposed an enabling provision to relax strict enforcement in specified circumstances such as undue hardship, procedural or technical issues, factors beyond control, and non-relevance for a class. It proposed including a mechanism for confidential treatment of requests or responses for up to 180 days. Legal experts said the discretion seemed inherently subjective. 'Without clearly defined parameters, market participants may challenge decisions as being arbitrary. Further, the provision allows for confidential treatment of such requests and Sebi's responses. So, such relaxations will not be in the public domain for up to 180 days (or not at all if withdrawn)", Bhansali said. Chandwani echoed the view and said that without precise criteria and published interpretive guidance, this flexibility could fuel interpretational uncertainty and litigation. Will inspections increase or be better coordinated? Beyond Sebi's inspection powers, recognised stock exchanges, clearing corporations, and depositories may conduct inspections as per their by-laws, the consultation paper said. Sebi and MIIs will be allowed to conduct joint inspections, aiming to avoid multiple duplicative checks. Lawyers said without a clearly defined jurisdictional hierarchy, regulated entities could be subjected to overlapping inquiries into the same issues. 'This not only creates procedural inefficiency but also heightens the risk of conflicting conclusions between authorities", Chandwani said. What timelines and operational impact should brokers expect? Industry sources note that adaptation windows for paperwork/policy updates could be a few months, with longer lead times for tech/algo controls and full QSB governance uplift; Sebi historically staggers implementation via circulars and master circular updates. 'Most brokers could adapt in six months for paperwork and policy updates, nine months for tech/algo compliance, nine months for full QSB governance upgrades, with likely phased timelines for any new net worth formula, giving smaller brokers extra breathing room", Kejriwal said.

Penny stock under  ₹10 jumps following relief rally in the Indian stock market
Penny stock under  ₹10 jumps following relief rally in the Indian stock market

Mint

time2 hours ago

  • Mint

Penny stock under ₹10 jumps following relief rally in the Indian stock market

Penny stock under ₹ 10: Sarveshwar Foods, a penny stock priced below ₹ 10, jumped in trade on Thursday, August 14, amid a positive trend in the Indian stock market. The stock rose for the second day in a row today. Both the benchmark indices, Sensex and Nifty 50, closed marginally higher in trade today. Indices eked out gains ahead of the Independence day holiday tomorrow and the much-awaited meeting between US President Donald Trump and his Russian counterpart, Vladimir Putin. Sarveshwar Foods shares witnessed strong buying action towards the fag end of the stock market trading session today. The stock, after trading marginally lower through trade today, jumped in late afternoon trade and settled 1.45% higher at ₹ 8.37. The 52-week high for the penny stock stood at ₹ 12.28, and the 52-week low of ₹ 5.63. Sarveshwar Foods shares have risen 21% in the last three months and 17% in the past six months. However, on a year-to-date basis, the scrip is down 6% and for the last one year, it has seen a 7% decline. The penny stock under ₹ 10 has emerged as a multibagger over the past two-year period, delivering a 120% return to its investors. The company recently posted its Q1 results, recording a nearly 133% growth in consolidated profit to ₹ 7.02 crore, compared with ₹ 3.09 crore in the same period last year. Meanwhile, the revenue from operations during the said quarter stood at ₹ 301.34 crore in Q1 FY26, up 29% YoY from ₹ 233.05 crore in the same period last year. Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

Muthoot Finance share price jumps 10% after posting strong Q1 results. Do you own?
Muthoot Finance share price jumps 10% after posting strong Q1 results. Do you own?

Mint

time8 hours ago

  • Mint

Muthoot Finance share price jumps 10% after posting strong Q1 results. Do you own?

Muthoot Finance share price rallied over 10 per cent upper circuit to ₹ 2,776 apiece in early morning session on Thursday after the company posted strong financial results for the quarter ending on June 30, 2025, beating market estimates. Muthoot Finance shares have largely remained positive in both short-term and long-term. The NBFC stock delivered significant returns by surging over 23 per cent in six months and 53 per cent in one year. The NBFC stock has given multibagger returns to its long-term investors by surging over 128.40 per cent in five years. The company announced its Q1FY26 results, reporting a 65 per cent year-on-year (YoY) surge in profit after tax (PAT) to ₹ 1,974 crore, compared to ₹ 1,196 crore in the same quarter last year. On a sequential basis, PAT rose 37 per cent from ₹ 1,444 crore in Q4FY25. Muthoot Finance achieved its highest-ever consolidated loan assets under management (AUM) of ₹ 1,33,938 crore as of June 30, 2025, reflecting a 37 per cent YoY increase of ₹ 35,891 crore over the ₹ 98,048 crore recorded in the corresponding period last year. Quarter-on-quarter, consolidated loan AUM grew by 10 per cent, adding ₹ 11,757 crore. On a standalone basis, loan AUM reached ₹ 1,20,031 crore, up 42 per cent YoY, or ₹ 35,707 crore, while standalone PAT hit a record ₹ 2,046 crore, marking a 90 per cent jump from the previous year. 'As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead,' said George Jacob Muthoot, Chairman of Muthoot Finance, while commenting on the company's Q1 performance. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store