In today’s day and age, everyone shops online for the smallest things to make their lives convenient. Starting from buying groceries online to buying clothes and accessories, we tend to prefer buying from e-commerce websites from the comfort of our homes. Moreover, for some individuals, shopping can be a therapeutic experience. From daily spending to major purchases, people tend to use the best credit cards for online shopping.
This is because it enables one to save money, and is also a safe option. If you are one of those who love to shop online and want to save money with each transaction, then use credit cards for each purchase.
Scroll down to know about the best credit cards for online shopping!
Having a credit card that rewards you each time you shop online can be extremely advantageous in the long run. Here’s a list of the best credit cards for online shopping.
1. Axis Bank Ace Credit Card
This credit card is considered one of India’s best credit cards for online shopping as it offers the highest cashback on all transactions, i.e., 2%.
Annual Fee: Rs.499
2. Flipkart Axis Bank Credit Card
Axis Bank’s Flipkart credit card is best suited for shoppers who like to shop often from Flipkart. It gives the second-highest cashback rates after Axis Bank Ace credit card. Further, they have many partners like Myntra, Swiggy and PVR.
Annual Fee: Rs.500
3. ICICI Amazon Pay Credit Card
The ICICI Amazon Pay credit card is an extremely popular card amongst shoppers. It is the best card for shopping online on Amazon, but it is not limited to only that particular e-commerce website.
Annual Fee: NA
4. SBI SimplyClick Credit Card
It allows 80% withdrawal of the credit limit to its users. In addition, it offers 10X rewards to its users on shopping from websites like Amazon, BookMyShow, NetMeds, Cleartrip, etc.
Annual Fee: Rs.499
5. HDFC Moneyback Credit Card
This card is apt for first-time credit card users as the annual fee is not much, and there are no conditions on online transactions. Further, the user can redeem points for cashback.
Annual Fee: Rs.500
6. HDFC Millennia Credit Card
As the name suggests, this credit card caters to the needs of all millennial shoppers who like to spend money on their online shopping purchases. In addition, it offers exclusive benefits to the users.
Annual Fee: Rs.1000
7. Amex Membership Rewards Credit Card
Amex credit cards come with many benefits, and users can save a lot from their shopping wallets. It will offer 2000 bonus reward points to its members when they spend Rs.5000 within 90 days from card activation.
Annual Fee: Rs.1000
8. HDFC Regalia Credit Card
It is a premium credit card and caters to luxury purchases. Further, this card offers 4 reward points on every Rs.150 purchase and 10,000 reward points on the expenditure of Rs.5 lakh.
Annual Fee: Rs.2500
9. Standard Chartered DigiSmart Credit Card
This is an all-in-one credit card and is specifically designed to suit the needs of individuals mostly shopping online. Moreover, it discounts popular brands like Zomato, Yatra, Myntra, Grofers (now BlinkIt), INOX and OLA.
Annual Fee: Rs.49 per month
10. SBI Card Prime
It is a premium credit card; however, it offers many benefits. Members can avail of offers and cashback on various categories like travel, shopping, fuel, movies and entertainment, etc.
Annual Fee: Rs.2999
A shopping credit card has many benefits for people who love to shop online. These cards generally have an array of advantages that benefit the shoppers.
Some of the major requirements that one should look at are as follows:
Online shopping is thriving more than physical shopping these days. Hence, shoppers must know about the best credit card for online shopping to get lucrative offers and discounts. Also, it is a good option to subscribe to such credit cards. However, please do remember to pay off your credit card bills on time and maintain an appropriate credit score.
Ans: Credit cards like HDFC Moneyback Credit Card, IndusInd Bank Pioneer Legacy Card, and ICICI Amazon Pay Credit Card are some of the best credit cards for first-time users. The annual fee is less, and some cards even offer zero annual fees. Further, they also have a lot of additional benefits.
Ans: SBI SimpleSave credit card is a great card for salaried individuals. The annual fee is just Rs.499, and it is accepted in over 2.4 crore outlets worldwide. Moreover, new customers receive 2000 reward points on purchases within the first two months.
Ans: An individual needs to earn between Rs.1 lakh to Rs 3 lakh. Further, the person should be more than 18 years of age and be salaried or self-employed.
Ans: Yes, students can get credit cards from specific banks. The most popular student credit card is the SBI Student Plus Advantage Card that the SBI bank offers its student customers when they avail an education loan from them. Moreover, one does need to pay any joining or annual fee for this card.
Ans: Fuel prices are constantly fluctuating, and to save on your fuel expenses, you should use a credit card. Some of the best fuel credit cards in India are:
– IndianOil Citi Platinum Card
– IndianOil HDFC Bank Credit Card
– HDFC MoneyBack Credit Card
– ICICI Bank HPCL Coral credit card
Before you go…
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.