What is the minimum credit score required for premium credit cards in India?
Ananya Bhave
Asked 29 Mar 2026
I currently have a CIBIL score of 750. Which premium credit cards am I eligible for? I am okay with annual fees under ₹25,000.
2 Answers
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.
Two cards from the same bank usually share credit limit, not stack it. So if bank gives you ₹2 lakh total, splitting between two cards doesn't increase your available credit. That's a common misconception people carry when applying for their second card.
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