5 best credit cards for senior citizens 2025: Compare top no-fee and low-fee options

Mint

30-07-2025

Credit cards for senior citizens are becoming more common in India due to advancing banking products and, ultimately, financial inclusion. These cards, specifically designed with ease, security, and rewards in mind, can help seniors maintain their independence financially, get unique benefits, and manage emergency expenses effectively. Let's explore what it means for a senior citizen to have a credit card.
Financial trends change after an individual retires. Despite fluctuating income, access to safe and convenient transactions is always a need. Credit cards allow senior citizens to access a safer way to pay for anything from telephonic doctor's appointments to electricity bills, vacations, necessities, as well as cashbacks, rewards and discounts that meet their needs.
It is important to evaluate credit cards based on the features that most apply to seniors, before applying for a credit card: Minimal/no annual fee: Cards that do not charge an annual renewal fee or cost a very minimal amount can save you money over a long time.
Cards that do not charge an annual renewal fee or cost a very minimal amount can save you money over a long time. Discounts on health care products: Some provide cashback for medical examinations and also for pharmacy expenses.
Some provide cashback for medical examinations and also for pharmacy expenses. Airport lounge access: Lounge access provides some convenience and comfort for older travellers.
Lounge access provides some convenience and comfort for older travellers. Waivers for fuel fees: This means something for those individuals who still drive/travel the roads.
This means something for those individuals who still drive/travel the roads. Reward programs: Cards which provide cashback or points for our necessities, such as prescription drugs or groceries. Require OTP verification at all times for every online transaction. Check your statements often and report any peculiarities immediately. Never provide the CVV for your card or the card details.
Credit cards
Joining fees
IDFC First Wow Credit Card
Nil
ICICI Bank Platinum Credit Card
Nil
Axis Bank My Zone Easy Credit Card
₹ 500
SBI Card Unnati
Nil (first year)
IDBI Imperium Platinum Credit Card
₹ 499
(Note: Please visit the bank's official website to learn more about the fees & charges of the credit card of your choice)
1. IDFC First Wow Credit Card: Excellent choice for seniors on fixed incomes because there are no annual or membership fees. Accepted by all RuPay network merchants, plus UPI-linked payments.
2. ICICI Bank Platinum Credit Card: No annual fee for basic usage, making it ideal for smart shoppers who use it infrequently. Earn one reward point for every ₹ 100 spent on grocery, utilities and other purchases. 1% waiver on fuel transaction fees at all petrol stations in India.
3. Axis Bank My Zone Easy Credit Card: Save up to 15% off at participating restaurants. Enabled tap-and-pay for secure, fast transaction payment. Get movie and lifestyle discounts.
4. SBI Card Unnati: Seniors can use it for free for the first four years. Earn one reward point for every ₹ 100 spent. Waive 1% for fuel purchases to assist your travel needs.
5. IDBI Imperium Platinum Credit Card: Low renewal and annual fees with appealing waiver clauses. Earn points on all purchases to redeem in various ways. Additional cards with specific restrictions can be issued to family member accounts.
In conclusion, with options for day-to-day savings, travel and medical benefits, seniors can reap the benefits of plastic money without any hassles or concerns over money. As the financial world changes, older adults need to be able to use these products safely, intelligently and importantly, confidently.
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Disclaimer: Mint has a tie-up with fin-techs 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.