Today, almost everything can be purchased online, from gadgets and groceries to apparel. As a result, more people are choosing online shopping over visiting physical retail stores. To cater to this growing trend, many leading credit card issuers offer online shopping credit cards that can offer accelerated benefits on such purchases in the form of cashback, rewards, and even direct discounts. Some of these cards are co-branded with popular platforms, like Flipkart, Amazon, Myntra, etc., while others offer all-round shopping benefits across multiple brands. It is important to choose a card that best matches your spending patterns and brand preferences.
For your help, we have listed the best online shopping credit cards in India that offer noteworthy savings:
1. Amazon Pay ICICI Credit Card
The first on this list, Amazon Pay ICICI Bank Credit Card is a co-branded card with popular online shopping merchant Amazon India. The card is a great option for Amazon Prime members as they get up to 5% cashback. Apart from shopping, users can also save on utility bills—an important everyday category often excluded from most cards’ reward programs. Furthermore, these benefits are offered without charging you with any card annual fee. However, the base cashback rate for non-Amazon online purchases and offline transactions is relatively low at 1%.
Key Features:
● 5% cashback on Amazon spends for Prime members
● 3% cashback on Amazon spends for Non-prime members
● 2% cashback on transactions made via Amazon Pay for flight bookings, recharges, bill payments, and gift card
● 2% cashback on spends made on Amazon Pay partner merchants, such as Yatra, BookMyShow, FreshMenu, Faasos, Byju’s, Urban Ladder, etc.,
● 1% cashback on all other transactions (including merchant spends outside Amazon and International transactions)
● Complimentary Amazon Prime membership (for 3 months) and EazyDiner Prime (1 month membership), along with other activation benefits worth up to Rs. 2,000
2. Flipkart Axis Bank Credit Card
Similar to Amazon, Flipkart also has a co-branded shopping credit card with Axis Bank. The card offers the highest cashback not just on Flipkart shopping but also on Cleartrip, extending benefits to travel. Additionally, users also earn a great return of 4% on its partner merchants across dining, entertainment, and health. The card also offers complimentary lounge access. Having said that, note that this card excludes utility bill payments from cashback earning, and the base cashback percentage is also 1% across offline and non-partner online speeds. The card comes at an annual fee of Rs. 500, which is waived off on spending Rs. 3.5 per year.
Key Features:
● 5% cashback on Flipkart and Cleartrip
● 4% cashback on Cure.fit, Swiggy, PVR and Uber
● 1% cashback on all other categories
● Welcome benefits worth Rs. 600
● 4 complimentary domestic lounge visits every year on spending Rs. 50,000 per quarter
● 15% off on dining bills up to Rs. 500 via Axis Bank Dining Delights
● 1% fuel surcharge waiver across all fuel stations in India
3. Myntra Kotak Credit Card
This co-branded card is a suitable choice for Myntra loyalists. The card offers an excellent 7.5% savings on Myntra along with benefits like free lounge access, movie tickets, and more. The card comes at an annual fee of Rs. 500, which is waived off on spending Rs. 2 Lakh in the previous year.
Key Features:
● Instant discount of 7.5% at Myntra, maximum discount of Rs. 750 per transaction
● 5% cashback on spends at partner merchants like Swiggy, Swiggy Instamart, PVR, Cleartrip and Urban Company ( maximum cashback of Rs. 1,000 per cycle)
● Unlimited 1.25% cashback on other spends (except rent, wallet and fuel categories)
● Complimentary Myntra Insider membership
● Myntra voucher worth Rs. 500 on card activation
● 2 PVR tickets every quarter, subject to spending Rs. 50,000 every quarter
● 1 complimentary domestic lounge access per quarter
● 1% fuel surcharge waiver (Max. Rs. 3,500 in a year) on transactions between Rs. 300 to Rs. 3,000.
Related Read: 7 hidden tips on how to use credit card effectively
4. HDFC Millennia Credit Card
This credit card is designed to meet the needs of millennials. Unlike the other three cards mentioned above, which offer accelerated cashback benefits on either Flipkart,Amazon or Myntra, this card covers multiple online brands. Though the card is a cashback credit card, it does not give direct cashback. Users are rewarded with cash points that are redeemable against multiple redemption options, including flights and hotel bookings through the SmartBuy Portal or statement credit in a 1:1 ratio. The card comes at a slightly higher annual fee of Rs. 1,000, which is waived on spending Rs. 1. lakh in the previous year.
Key Features:
● 1,000 Cash Points on card activation
● Quarterly milestone benefits worth Rs. 1,000 as gift voucher OR 1 complimentary lounge access subject to spending Rs. 1 lakh
● 5% cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato
● 1% cashback on all other spends including EMI & wallet transactions (except fuel)
● Up to 20% discount on dining bills via Swiggy Dineout
● 1% fuel surcharge waiver across all fuel stations in India
5. Cashback SBI Card
While the above-mentioned cards are co-branded with popular online shopping platforms giving benefits on selected brands, this card can be the right option for those who don’t have any brand preferences. Here you get the accelerated cashback benefits on all online transactions without any merchant restrictions. The base rate for offline transactions will also earn 1% cashback. The card comes with an annual fee of Rs. 999 that is reversible on spending Rs. 2 lakh.
Key Features:
● 5% cashback on online spends
● 1% cashback on offline spends
● Monthly cashback capping of Rs. 5,000 across all categories
● 1% fuel surcharge waiver across all petrol pumps in India, applicable on transactions between Rs. 500 to Rs. 3,000
These were some of the best credit cards for online shopping. We have chosen these cards based on the value-back percentage offered across everyday brands that can help users derive the maximum savings. Before choosing any credit card, it is advisable to always analyze your spending habits. Besides, even when a card comes with a host of chances of savings, it also holds the risk of overspending, thus also keeping in mind your repayment ability. Be wise, save nice!