The credit card industry is among the most promising ones in the country, and the number of credit cards in India is growing steadily every year. Between the financial years 2022 and 2027, the Compound Annual Growth Rate (CAGR) of credit cards is expected to skyrocket. According to the RBI, as of March 2025, the country’s total number of credit cards was 10.98 Crores+.

The total number of credit cards has risen by over 80 lakh in the past 12 months. Still, a lot of growth can happen in the credit card industry, as there are approximately 7.84 cards per 100 people in the country, which is relatively low compared to other countries like the USA. Moreover, since the RBI announced that credit cards are linked to UPI, the number is expected to increase even more. Also, the rise of e-wallets and Buy Now Pay Later options is competing against credit cards, but many card issuers still offer a wide range of cards that will surely attract more customers. The following is a list of some significant and most popular credit card issuers in India that offer the top credit cards in every category, including shopping, travel, lifestyle, entertainment, and many more. One can find a wide range of credit cards in the portfolio of these issuers: