Online shopping has become an integral part of our lives, offering convenience and a vast selection of products. Choosing the right credit card can significantly enhance your online shopping experience by providing rewards, discounts, and other benefits. This guide will help you navigate the best credit card options available in India for online shopping in 2024, ensuring you maximize your savings and rewards.
Comprehensive Credit Card Comparison Table
| Credit Card Name | Key Features & Benefits | Ideal For |
|---|---|---|
| HDFC Bank Regalia Credit Card | Welcome Benefit: Gift vouchers worth ₹2,500. Reward Points: 4 Reward Points for every ₹150 spent. Milestone Benefits: Bonus Reward Points on reaching spending milestones. Travel Benefits: Complimentary airport lounge access. Dining Benefits: Good discounts at partner restaurants. | Frequent online shoppers, travelers, and those seeking comprehensive rewards. |
| SBI Card PRIME | Welcome Benefit: e-Gift Voucher worth ₹3,000. Reward Points: 10 Reward Points per ₹100 spent on dining, groceries, departmental stores and movies. Fuel surcharge waiver. Milestone Benefits: Vouchers worth ₹7,000 on annual spends. | Shoppers who frequently spend on dining, groceries, and movies, also those looking for fuel benefits. |
| Axis Bank ACE Credit Card | Cashback: 5% cashback on bill payments via Google Pay, 4% cashback on Swiggy, Zomato, and Ola, and 2% cashback on all other spends. Joining Fee: ₹499. Annual Fee: ₹499 (waived off on spending ₹2 Lakhs in a year). | Users of Google Pay, Swiggy, Zomato, and Ola, those seeking straightforward cashback benefits. |
| Amazon Pay ICICI Bank Credit Card | Cashback: 5% cashback for Amazon Prime members and 3% for non-Prime members on Amazon.in purchases. 1% cashback on all other spends. No joining fee or annual fee. | Frequent Amazon shoppers, those seeking lifetime free credit card benefits. |
| Flipkart Axis Bank Credit Card | Cashback: 5% cashback on Flipkart and Myntra, 4% cashback on preferred merchants, and 1.5% cashback on all other spends. Welcome Benefit: Flipkart vouchers worth ₹500. | Frequent Flipkart and Myntra shoppers, those seeking cashback on preferred merchants. |
| ICICI Bank Amazon Pay Credit Card | Cashback: 5% cashback for Amazon Prime members, 3% for non-Prime members on Amazon.in purchases, and 1% on all other spends. Lifetime free card. | Amazon shoppers looking for a simple, no-fee cashback card. |
| American Express SmartEarn™ Credit Card | Reward Points: 10X Reward Points on Flipkart, Amazon, Uber, Swiggy & more. Other Benefits: 5X Reward Points on other online spends. | Online shoppers who frequently use Flipkart, Amazon, Uber, and Swiggy. |
| HDFC Bank Millennia Credit Card | Reward Points: 5% cashback as Reward Points on Flipkart, Amazon, BookMyShow, Cult.fit, Myntra, Sony Liv, Swiggy, Tata CLiQ, and Uber. Other Benefits: 1% fuel surcharge waiver. | Online shoppers who regularly use the mentioned partner platforms and are looking for cashback in the form of reward points. |
| Standard Chartered Smart Credit Card | Cashback: 2% cashback on online shopping. 1% cashback on other spends. No minimum spend required for cashback. | Users seeking straightforward cashback on all online purchases without spending thresholds. |
| IDFC FIRST Bank Millennia Credit Card | Reward Points: 6X Reward Points on online spends above ₹20,000 per month, 3X Reward Points on online spends below ₹20,000 per month, and 1X Reward Points on offline spends. Benefits: Complimentary road side assistance. | Users who are looking for a card with good rewards on online spending and also roadside assistance. |
| HSBC Cashback Credit Card | Cashback: 1.5% cashback on all online spends. 0.75% cashback on all other spends. | Users looking for a simple, flat-rate cashback card for all online purchases. |
| RBL Zomato Edition Classic Credit Card | Benefits: Zomato Pro membership, discounts on Zomato orders, accelerated reward points on Zomato spends. | Zomato users who frequently order food online. |
| AU Bank LIT Credit Card | Customisable Rewards: Choose your own reward structure based on your spending habits. | Users who want a flexible credit card with rewards tailored to their needs. |
| Yes Bank Prosperity Edge Credit Card | Reward Points: Accelerated reward points on online shopping, dining, and entertainment. | Users looking for a card with accelerated rewards on online shopping and lifestyle spends. |
| IndusInd Bank Platinum Aura Edge Credit Card | Reward Points: Earn reward points on all spends, with bonus points on reaching spending milestones. | Users who want a card with flexible reward points and milestone benefits. |
| Kotak PVR Credit Card | Benefits: Free PVR tickets, discounts on food and beverages at PVR cinemas. | Movie enthusiasts who frequently visit PVR cinemas. |
Detailed Explanations
HDFC Bank Regalia Credit Card: This card offers a comprehensive rewards program, including reward points on spends, travel benefits like lounge access, and dining benefits. It's a great all-rounder for those who spend across various categories. The welcome benefit of gift vouchers is an added bonus.
SBI Card PRIME: SBI Card PRIME provides substantial rewards on dining, groceries, and movies, making it ideal for those who frequently spend in these categories. The fuel surcharge waiver is a valuable benefit for commuters. The milestone benefits provide additional incentives to maximize spending on the card.
Axis Bank ACE Credit Card: The Axis Bank ACE Credit Card is specifically designed for users of Google Pay, Swiggy, Zomato, and Ola. The high cashback rates on these platforms, combined with a flat cashback rate on all other spends, make it a straightforward and rewarding choice. The annual fee is relatively low and can be waived off with sufficient spending.
Amazon Pay ICICI Bank Credit Card: This card is a must-have for frequent Amazon shoppers. The 5% cashback for Prime members and 3% for non-Prime members on Amazon.in purchases is unmatched. The fact that it has no joining fee or annual fee makes it an even more attractive option.
Flipkart Axis Bank Credit Card: Similar to the Amazon Pay ICICI Bank Credit Card, the Flipkart Axis Bank Credit Card is tailored for Flipkart and Myntra shoppers. The 5% cashback on these platforms, along with cashback on preferred merchants, makes it a highly rewarding card for those who frequently shop on these platforms.
ICICI Bank Amazon Pay Credit Card: Offering the same benefits as the Amazon Pay ICICI Bank Credit Card, this lifetime free card is a simple and effective way for Amazon shoppers to earn cashback without any annual fees.
American Express SmartEarn™ Credit Card: This card is designed for online shoppers who frequently use Flipkart, Amazon, Uber, and Swiggy. The accelerated reward points on these platforms, combined with reward points on other online spends, make it a valuable card for maximizing rewards on online shopping.
HDFC Bank Millennia Credit Card: The HDFC Bank Millennia Credit Card offers cashback as Reward Points on various popular online platforms, including Flipkart, Amazon, BookMyShow, and Swiggy. It's a great choice for those who frequently use these platforms and are looking for cashback in the form of reward points.
Standard Chartered Smart Credit Card: The Standard Chartered Smart Credit Card offers a straightforward cashback structure, with 2% cashback on online shopping and 1% cashback on other spends. It's a great option for those who want a simple and rewarding card without any minimum spending requirements.
IDFC FIRST Bank Millennia Credit Card: This card offers a tiered reward point system based on online spending, with higher reward points for spends above a certain threshold. The complimentary roadside assistance is a unique and valuable benefit.
HSBC Cashback Credit Card: The HSBC Cashback Credit Card provides a simple and flat-rate cashback structure, with 1.5% cashback on all online spends and 0.75% cashback on all other spends. It's a great option for those who want a straightforward cashback card without any complicated reward structures.
RBL Zomato Edition Classic Credit Card: This card is specifically designed for Zomato users, offering benefits such as Zomato Pro membership, discounts on Zomato orders, and accelerated reward points on Zomato spends. It's a must-have for those who frequently order food online through Zomato.
AU Bank LIT Credit Card: The AU Bank LIT Credit Card stands out with its customizable rewards structure. Users can choose their own reward structure based on their spending habits, making it a highly flexible and personalized option.
Yes Bank Prosperity Edge Credit Card: This card offers accelerated reward points on online shopping, dining, and entertainment, making it a great choice for those who frequently spend in these categories.
IndusInd Bank Platinum Aura Edge Credit Card: This card offers flexible reward points on all spends, with bonus points on reaching spending milestones. It's a good option for those who want a card with a flexible rewards program and milestone benefits.
Kotak PVR Credit Card: This card is tailored for movie enthusiasts who frequently visit PVR cinemas. It offers free PVR tickets and discounts on food and beverages at PVR cinemas, making it a valuable card for maximizing savings on movie-related expenses.
Frequently Asked Questions
Which credit card is best for online shopping in India? The best credit card depends on your spending habits. The Amazon Pay ICICI Bank Credit Card and Flipkart Axis Bank Credit Card are excellent for frequent shoppers on those platforms, while the HDFC Bank Regalia Credit Card offers a more comprehensive rewards program.
What is the Amazon Pay ICICI Bank Credit Card annual fee? The Amazon Pay ICICI Bank Credit Card has no joining fee or annual fee, making it a lifetime free card.
Which credit card gives the highest cashback on online shopping? The Amazon Pay ICICI Bank Credit Card offers 5% cashback for Amazon Prime members and 3% for non-Prime members on Amazon.in purchases, making it one of the highest cashback cards for Amazon shoppers. The Axis Bank ACE card provides 5% cashback on bill payments via Google Pay, and 4% cashback on Swiggy, Zomato, and Ola.
How can I choose the right credit card for online shopping? Consider your spending habits, preferred online platforms, and desired benefits. Compare the rewards programs, cashback rates, fees, and other features of different credit cards to find the one that best suits your needs.
What are the benefits of using a credit card for online shopping? Using a credit card for online shopping offers benefits such as rewards, cashback, discounts, fraud protection, and the ability to build credit history.
Is it safe to use a credit card for online shopping in India? Yes, it is generally safe to use a credit card for online shopping, provided you take precautions such as shopping on secure websites, using strong passwords, and monitoring your credit card statements for any unauthorized transactions.
What is a welcome benefit on a credit card? A welcome benefit is an incentive offered to new credit card holders, such as gift vouchers, bonus reward points, or cashback, upon activation or meeting certain spending criteria.
What is a milestone benefit on a credit card? A milestone benefit is an additional reward or perk offered to credit card holders upon reaching specific spending milestones within a certain period, such as bonus reward points or vouchers.
How does a fuel surcharge waiver work on a credit card? A fuel surcharge waiver reimburses the fuel surcharge levied by petrol pumps when you use your credit card to pay for fuel, up to a certain limit per month.
What is the significance of reward points on a credit card? Reward points are points earned on credit card spending that can be redeemed for various benefits, such as cashback, gift vouchers, travel rewards, or merchandise.
Conclusion
Choosing the best credit card for online shopping in India involves carefully evaluating your spending habits and preferences. By comparing the rewards programs, cashback rates, fees, and other features of different credit cards, you can find the one that best suits your needs and maximizes your savings and rewards. Always remember to use your credit card responsibly and pay your bills on time to avoid interest charges and maintain a good credit score.