A virtual credit card is a usually free service that allows you to mask your credit card’s sensitive information by generating a unique card number, expiration date, and security code. This free virtual credit card online can be a proxy for your actual credit card. These virtual cards are connected to your pre-existing credit card account for extra security.
Therefore any payment you make is added to your credit card account. You can create unlimited free virtual credit cards online. Free Virtual credit cards decrease the likelihood of credit card fraud as the hacker might not find the virtual card’s helpful information.
Here, we will tell you about the best free virtual credit cards.
Read more: Free Credit Card Generator
What is a Free Virtual Credit Card?
Virtual credit cards Free allow you to mask your credit card information. This service can generate a new credit card number, security code, and expiration date, which users can use for online payments instead of their actual credit card.
Free virtual credit cards online are connected to your credit card account, which means that any transaction made with your best free virtual credit card will be charged from your physical credit card. This service acts as a middleman between your credit card and the website on which you complete the payment.
Features of Free Virtual Credit Card
There are various amazing features of the virtual credit card that we will discuss here:
1. Protection
Virtual credit card for free protects your data from being stolen by masking your credit card information. You use your free virtual credit card online for transactions instead of your actual credit card.
2. Safeguard Identity
Virtual credit cards allow users to secure their identity online. Since a virtual credit card for free acts as a proxy for actual credit cards, you never use your accurate information. As a result, scammers cannot use the information used to complete a transaction to hurt you financially.
3. Ease of access
You can create a Virtual credit card for free using your bank’s Internet banking facility. Anyone with a credit card can apply for a virtual credit card for free by following the simple steps on a bank’s website. In addition, you can get the best free virtual credit card by reaching out to the nearest branch of your bank/credit card provider.
4. Available for free
Free virtual credit card online is created without any charges. Most banks and credit card companies provide a virtual credit card for free. They do this for the ease and safety of their customers. This is also a feature, as many cards that don’t offer it lose customers frequently.
5. Virtual presence
Virtual credit cards do not need to be issued physically. A virtual credit card for free is only issued online, as users can only use them for online purchases. There is no point in issuing them physically as they become invalid after some time.
Benefits of Free Virtual Credit Card
The virtual credit card for free has multiple benefits associated with them, some of which are as follows:
1. Safety
Virtual credit card for free provides safety and keeps your credentials secret from the vendor. The only information the vendor receives is the virtual credit card you use to complete the transaction. This virtual credit card becomes useless after the transaction or a stipulated period.
2. Can be provided to non-credit cardholders
Banks can also provide a virtual credit card for free to non-credit card holders upon request. But these virtual credit cards might only be valid for a single transaction.
3. Ease of access
Anyone can access the virtual credit card for free instantly as they are provided online. Therefore, applying for a free virtual credit card online is easy. But first, you must follow the simple steps on the bank’s website.
4. No extra charges
Credit card companies or banks offer a virtual credit card for free without adding extra charges to your credit card bill.
5. International Transactions
You can use the best free virtual credit card for national and international transactions.
Read more: 5 Best Credit Cards in India
10 Best Virtual Credit Cards in India 2024
The best virtual credit card for free has its perks, and every person has different needs. To find a free virtual credit card online that suits your needs, you must know its advantages and disadvantages. Therefore, choosing the best virtual credit card that meets your needs is very important.
To help you with that, here is a list of the best free virtual credit cards in India with their features:
| Sr no. | Name of the Virtual credit card | Provider’s name |
Features |
| 1 | HDFC NetSafe virtual credit card | HDFC Bank | · One use only
· Valid for 48 hours · The limit depends on the added amount |
| 2 | SBI virtual credit card | SBI | · One-time use only
· Valid for 48 hours · The limit is Rs. 50,000 |
| 3 | Pockets by ICICI | ICICI Bank | · Can be acquired by non-customers of ICICI Bank
· Offers physical credit card for a yearly fee · Used to make domestic payments |
| 4 | Kotak Netc@rd | Kotak Mahindra Bank | · One use only
· Valid for 48 hours · Cardholders can use it for international payments |
| 5 | Union Bank Digipurse Wallet | Union Bank | · Prepaid card
· Cardholders can use it for international payments · The fixed limit makes it safer |
| 6 | LazyPay | PayU | · Spend first pay later
· KYC required · Cardholders can use it to pay multiple merchants |
| 7 | Ewire | Ewire | · Additional discounts provided
· It can be used to transfer money to other accounts · It can be used for ATM withdrawal |
| 8 | Axis PayGo | Axis Bank | · Axis Bank account required
· Money can be loaded through SMS · Transaction alerts |
| 9 | ecoPayz-ecovirtualCard | ecoPayz-ecovirtualCard | · Allows Hassel-free international transactions
· Safe and secure payment option |
| 10 | Payoneer Virtual Credit Card | Payoneer | · Easy to use
|
Details of the above best virtual credit cards in India
There are many free virtual credit cards available in India. Here we will talk about the best virtual credit card in detail:
1. HDFC NetSafe Virtual Credit Card
HDFC Bank issues the highest amount of credit cards in India. The HDFC NetSafe virtual credit card for free is a one-use-only type of card and is considered the best virtual credit card. It means that you can only do one transaction with it. The limit of the card is based on the money you have added to the virtual card. You can use this card for 48 hours, and the remaining balance is sent back to your bank after the expiration of the card. It allows you to generate 5 free virtual credit cards every day. It is a virtual credit card for free.
2. SBI Virtual Credit Card
Like HDFC net safe virtual credit card, SBI free virtual credit card is a disposable virtual credit card. It is valid for only one transaction. It is only valid for 48 hours or until a single transaction is done. Credit card holders cannot use it for Global payments. It allows you to issue as many best virtual cards as you want in a day. The minimum amount to deposit on the card is Rs 100, and the maximum is Rs 50,000.
3. Pockets by ICICI
This service is offered by ICICI Bank. You can access Pockets even if you are not a customer of ICICI, which makes it one of the best virtual credit cards. It is a virtual credit card for a free offering. It’s a wallet that you can use to make payments in India on any online platform. Pockets also give you a real card, but you must pay an annual fee. Credit card holders are allowed to make offline payments with physical cards.
4. Kotak Netc@rd
Issued by Kotak Mahindra Bank, Kotak Netc@rd is the safest payment solution that Credit card holders can use to shop online. You can use it only 1 time that lasts up to 48 hours. It is considered one of the best virtual credit cards, as Credit card holders can also use it for international payments. Moreover, no fee is required to create this card. As a drawback of the card, you cannot use it with PayPal as it allows just one successful transaction.
5. Union Bank Digipurse Wallet
The best virtual card by Digipurse enables you to make domestic and foreign transactions. Users can use it to make payments on iTunes, Google Play, Aliexpress, etc., and e-commerce websites making it eligible to be considered one of the best virtual credit cards for free. Since it is a prepaid card, the spending is limited, making it the best option for international payments.
6. LazyPay
Users can use the LazyPay card for multiple transactions with different merchants. You will get the bill on the 1st and the 16th of every month. It allows you to clear your dues post transaction or at the upcoming due date, making it one of the best virtual credit cards. It is a free virtual credit card. The card does not contain the card number, CVV number, etc. You can apply for the pay later option by completing the verification using KYC details. Every purchase is included in the bill. The due date for the payment is 3 days post invoice generation.
7. Ewire
Considered one of the best virtual credit cards, the Ewire free Virtual credit card contains the CVV, credit card number, and expiry date. It also has various amazing features. It is a free virtual credit card. Users can use it to transfer the amount to some other bank accounts, recharge their mobile phones, make ATM withdrawals, and make all bill payments and everyday shopping expenses.
8. Axis PayGo
If you wish to open an Axis PayGo account, you need to be an existing Axis Bank savings account holder. It is a free virtual credit card. It offers you easy cashless transactions, load money using SMS or mobile app, and use online platforms to complete your transactions using an ID card. It offers you Free notifications for all your transactions, which makes it deserving of the title of being one of the best virtual credit cards.
9. ecoPayz-ecovirtualCard
Ecopayz is a big name in the global payment solution. It provides services to clients across the globe. EcoPayz is managed by the Financial Conduct Authority, which empowers customers to feel secure and genuine while doing international transactions on the web.
10. Payoneer Virtual Credit Card
Payoneer allows you to get a virtual credit card for free by generating a Mastercard with minimal fees. In addition, the payments are safe and secure. It is one of the best virtual credit cards, and creating it is the most simple thing. You will receive an email containing the link, redirecting you to the simple process of free virtual credit card generation.
Free Virtual Credit Card – FAQs
How to generate a free Virtual credit card online?
Ans. Free Virtual credit cards are cards that you can use as a proxy for your credit cards. To get a free Virtual credit card online, there are many ways. But the most common way to get a free Virtual credit card online is to go to your bank’s or credit card provider’s website and apply for It.
Is virtual credit card free?
Ans. Your free virtual credit cards have to be linked to your regular credit card account. Due to this reason, getting a free virtual credit card is a service that most banks and credit card providers offer. In addition, a virtual credit card for free service is provided to ease the customers by adding security.
Which is the best virtual card?
Ans. No virtual credit card can be called the best virtual card, as each card has its features. What you might consider the best virtual card online completely depends on your needs.
Do banks offer a virtual credit card for free?
Ans. Banks that offer credit cards, usually provide a virtual credit card for free service. Nowadays, virtual credit card service is necessary as people spend most of their time online making transactions. Moreover, many people are attracted to the virtual credit card service due to the increased number of credit card frauds.
Can anyone get a virtual credit card for free?
Ans. Getting ownership of a virtual credit card for free depends on the applicant’s condition to have a physical credit card. Some banks provide a virtual credit card for free to applicants who don’t have to own a physical credit card. However, these virtual credit cards for free might need more usability.
Is a free virtual credit card safe?
The whole point of a free virtual credit card is to provide safety and confidentiality to your online transactions. Virtual credit cards do this by masking your physical credit card info and providing newly generated information, making virtual credit cards safer than physical credit cards.
