Best lifetime free credit card in India for senior citizens
Nirmala Trivedi
Asked 2 May 2026
18
Suggest a lifetime free credit card suitable for first-time credit card users. I want good rewards on movie tickets without paying any joining or annual fee.
1 Answer
15
Yamini Kulkarni·29 Mar 2026
Short answer: no, EMI on credit card is not cheaper than a personal loan for large amounts (>₹50,000). The processing fee (~₹199-₹599) plus the interest (~14-16% reducing) usually adds up to slightly more than a personal loan rate of 11-13%. But for small-ticket EMI (₹10-20K), it is fine.
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