In the digital age, online shopping has become an integral part of our lives. To make the most of your online purchases, choosing the right credit card can lead to significant savings through cashback offers. Here’s a curated list of the top 7 credit cards in India that provide exceptional cashback benefits for online shoppers.
1. SBI Cashback Credit Card
Why It’s Great:
- High Cashback Rate: Earn 5% cashback on all online spends without any merchant restrictions.
- Offline Benefits: Receive 1% cashback on offline transactions.
- Fee Waiver: Annual fee of Rs.999 is waived upon spending Rs.2 lakhs annually.
- Fuel Surcharge Waiver: 1% waiver on fuel transactions between Rs.500 and Rs. 3,000.
The SBI Cashback Credit Card is ideal for those who frequently shop online across various platforms, offering substantial cashback without category limitations.
2. Amazon Pay ICICI Credit Card
Why It’s Great:
- Amazon Prime Benefits: 5% cashback on Amazon.in for Prime members; 3% for non-Prime members.
- Partner Merchants: 2% cashback on transactions with Amazon Pay partner merchants.
- Universal Cashback: 1% cashback on all other spends.
- Lifetime Free: No joining or annual fees.
This card is perfect for avid Amazon shoppers, providing direct cashback as Amazon Pay balance, enhancing the shopping experience.
3. HDFC Millennia Credit Card
Why It’s Great:
- Online Shopping Rewards: 5% cashback on popular platforms like Amazon, Flipkart, BookMyShow, and more.
- All-Purpose Cashback: 1% cashback on all other spends, including EMI and wallet transactions.
- Milestone Benefits: Gift vouchers worth Rs. 1,000 on quarterly spends of Rs.1 lakh.
- Annual Fee Waiver: Rs. 1,000 annual fee waived on spending Rs.1 lakh in a year.
The HDFC Millennia Credit Card caters to the lifestyle of young professionals who frequently shop online and seek rewards on their expenditures.
4. Flipkart Axis Bank Credit Card
Why It’s Great:
- Flipkart Shopping: 5% unlimited cashback on Flipkart purchases.
- Partner Merchants: 4% cashback on Myntra, Uber, PVR, and Cult.fit.
- Universal Cashback: 1.5% cashback on all other spends.
- Affordable Fee: Annual fee of Rs.500, waived on spending Rs.2 lakhs per year.
This card is tailored for frequent Flipkart shoppers, offering substantial cashback and additional benefits across various partner platforms.
5. Axis Bank ACE Credit Card
Why It’s Great:
- Utility Payments: 5% cashback on bill payments via Google Pay.
- Dining and Rides: 4% cashback on Swiggy, Zomato, and Ola.
- All-Rounder: 1.5% unlimited cashback on all other spends.
- Low Annual Fee: Rs.499, waived on annual spends of Rs.2 lakhs.
The Axis Bank ACE Credit Card is a versatile option for those looking to earn cashback on a variety of everyday expenses, including utilities and dining.
6. HSBC Live+ Credit Card
Why It’s Great:
- Accelerated Cashback: 10% cashback on dining, food delivery, and grocery spends (up to Rs. 1,000 per month).
- Unlimited Cashback: 1.5% cashback on all other spends without any cap.
- Introductory Offers: Attractive welcome benefits and ongoing deals with various brands.
- Joining Fee: Rs.999.
The HSBC Live+ Credit Card is suitable for those who spend significantly on dining and groceries, offering high cashback rates in these categories.
7. Standard Chartered Smart Credit Card
Why It’s Great:
- Daily Expenses: 2% cashback on grocery and utility payments.
- Universal Cashback: 1% cashback on all other spends.
- No Minimum Spend Requirement: Earn cashback without any spending threshold.
- Affordable Fee: Annual fee of Rs.499.
This card is designed for individuals seeking straightforward cashback on routine expenditures without complex reward structures.
Selecting the right credit card can significantly enhance your online shopping experience by providing substantial cashback and additional perks. Evaluate your spending habits and choose a card that aligns with your lifestyle to maximize your savings.
