11 Best Credit Card for Online Shopping in India 2020

I use different credit cards for shopping online on different websites to save the maximum.

For example, I use

  • Amazon pay balance credit card for shopping on Amazon
  • Amex membership rewards credit card for adding money in wallets like Paytm
  • Specific bank credit card during festival season sale

After using a mix of credit cards for online shopping, I have listed my favorite best credit cards for online shopping in India. The first few of them can be used for all types of shopping on all major online stores. The latter half of the list has specific cards for different e-commerce stores.

Here are the best credit card that offers cashback and rewards points on shopping in India

Best Credit Card for Online Shopping in India 2020

#1. Amex Membership Rewards Credit Card 

Amex Membership Rewards is the only card that gives bonus rewards points on adding money to wallets like Paytm, Amazon Pay and Freecharge. Then you can use these wallets for online shopping.

You can earn 1,000 bonus membership rewards points worth Rs. 400 every month by doing 4 transactions of Rs. 1000 each.

Apart from that, the Amex membership card can be used for online shopping and lifestyle spends. Where you can save money through reward points having higher rupee value (1 reward point = Re. 0.40).

Welcome Benefits

  • Welcome gift of 2000 bonus membership reward points (on spending Rs. 5000 within 90 days of card membership)

First Year Annual Fee – Rs. 1000

Second Year onwards – Rs. 4500 (+earn 5000 reward points upon renewal)

Spend Rs. 1,50,000 & get 100% renewal fee waiver. In case you spend any amount between Rs. 90,000 to Rs. 1,49,999, you get a 50% waiver.

  • Savings of Rs. 5280 by just spending 60,000 online (60000/50*0.40+400*12)
  • % Savings- 8.8% (5280/60000*100)
  • Saving of Rs. 5600 on annual online expenses of Rs. 1 Lakh (100,000/50*0.40 + 400*12)
  • % Savings- 5.6% (5600/100000*100)

Reward Ratio & Redemption

  • 1 reward point on Rs. 50 spent
  • Each reward point is worth Re. 0.40
  • Redemption through 24 and 18 karat gold collection

Key Benefits

  • 0% convenience fee on HPCL petrol pumps
  • Up to 20% off on dining

#2. SBI Simply Click Credit Card

SBI Simply Click credit card is best for all your online shopping needs. The card gives you 10X rewards on Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, and UrbanClap.

You can earn 5x reward points on all other online spendings.

Welcome & Milestone Benefits

  • Get Amazon.in gift card worth Rs. 500 on joining
  • Cleartrip e-voucher worth Rs. 2,000 when you cross annual online spends of Rs. 1 Lakh
  • Another Cleartrip e-voucher worth Rs. 2,000, if you spend an additional Rs. 1 Lakh

You earn 4000 rupees worth of vouchers on a total spend of Rs. 2 Lakhs

Annual Fee – Rs. 499 (spend Rs. 1 lakh in a year and get next year annual fee waiver)

Potential Annual Savings

  • Savings of Rs. 1200 by just spending 60,000 online (60000/100*10*0.20)
  • % Savings- 2% (1200/60000*100)
  • Saving of Rs. 4000 on annual online expenses of Rs. 1 Lakh (100,000/100*10*0.20+2000)
  • % Savings- 4% (4000/100000*100)

Reward Ratio & Redemption

  • 10 reward points on Rs. 100 spend at the partnered brand
  • 5 reward points on Rs. 100 spend on other online spends
  • Earn 1 reward point per Rs. 100 on all other spends
  • Each reward point is worth Re. 0.20

Other Benefits

  • 1% fuel surcharge waiver at any petrol pump on a transaction between Rs. 500 to 3000 (maximum waiver- Rs.  100 per statement)

#3. American Express Gold Credit Card

Amex Gold card also gives you 1000 bonus reward points, but unlike Amex membership rewards cards, here you need to carry out 6 transactions of Rs. 1000 each.

Even with 6 transactions, you can save up to 8.5% every month on your Amex Gold Card.

Bonus points earned= 1000 + Regular reward point = 120 (6000/50*1)= Total 1120 reward points.

With 24000 rewards points, you can have a voucher worth Rs. 11000. Taking that as a base, 1120 reward points would value = ~Rs. 513 (11000/24000*1120)

% Saving= 513/6000*100 = 8.5%

You will also get a welcome gift of 2000 bonus reward points worth Rs 800

Annual Fee

First Year – Rs. 1000

Second Year onwards – Rs. 4500 (Earn 5000 reward points upon renewal)

If you are looking to apply for Amex credit card, then I would suggest you to apply for Amex membership credit card.

Potential Annual Savings

  • Savings of Rs. 4480 by just spending 60,000 online (60000/50*1*0.40+400*10)
  • % Savings- 7.47% (4480/60000*100)
  • Saving of Rs. 4800 on annual online expenses of Rs. 1 Lakh (100,000/50*0.40 + 400*12)
  • % Savings- 4.8% (4800/100000*100)

Reward Ratio & Redemption

  • 1 reward point on Rs. 50 spent
  • Each reward point is worth Re. 0.40
  • Redemption through 24 and 18 karat gold collection

Key Benefits

  • 20% off every time while dining
  • $100 hotel credit at over 400 hotels worldwide

#4. Standard Chartered Ultimate Credit Card 

SC Ultimate credit card is a premium travel credit card but can be used for online shopping because you get the best reward point value.

One reward point is worth Rs. 1, and you earn 5 reward points on every Rs. 150 spent which means a direct saving of 3.33% (5/150*100=3.33%) on your all type of shopping.

I got the SC Ultimate card in 2018. Along with the card I received a cashback of Rs. 10,000 after booking my tickets from MakeMyTrip.

Annual Fees – Rs. 5000

Renewal Fee– Rs. 5000, (5000 reward points on renewal which is equal to annual fee)

Welcome Benefit

  • Up to Rs. 10,000 cashback on MakeMyTrip by booking tickets within 90 days of card issuance

Potential Annual Savings

  • Savings of Rs. 2000 by just spending 60,000 online (60000/150*5*1)
  • % Savings- 3.33% (2000/60000*100)
  • Saving of Rs. 3333 on annual online expenses of Rs. 1 Lakh (100,000/150*5*1)
  • % Savings- 3.33% (3333/100000*100)

Reward Ratio & Redemption

  • 5 reward point on Rs. 150 spent
  • Each reward point is worth Re. 1

You can redeem reward points through SC 360 degree rewards program.

Key Benefits

  • 5% cashback at duty-free outlets
  • 2% foreign currency markup
  • 2 complimentary golf games per month
  • 1 complimentary lounge access per month
  • Complimentary Priority Pass Membership,
  • Up to 25% discount at the top 250 restaurants

#5. HDFC Regalia Credit Card

Let me clear you, HDFC Regalia is a premium credit card. But if you calculate the saving on shopping, you would save more money than the shopping credit cards like HDFC money back & ICICI Coral Amex credit card.

Saving on HDFC Regalia Credit Card

On spending Rs. 5 Lakhs you would get 10,000 bonus reward points worth Rs. 5000. A saving of 1%.

You will earn 4 reward points on every Rs. 150 spent. Every reward point worth Re. 0.50, which means a saving of 1.33% (4*0.50/150*100).

A total saving of 2.33%.

Welcome Gift and Milestone Benefits

  • You will get Zomato gold membership as a welcome gift
  • Every year you will get 2500 reward points as renewal benefits
  • Earn 10,000 reward points on annual spending of Rs. 5,00,000
  • Earn 15,000 reward points if your total spends is Rs. 8,00,000

Annual Fee – Rs. 2500 (spend Rs. 3 lakh and get next year fee waiver)

Potential Annual Savings

  • Savings of Rs. 800 by just spending 60,000 online (60000/150*5*0.50)
  • % Savings- 1.33% (800/60000*100)
  • Saving of Rs. 1333 on annual online expenses of Rs. 1 Lakh (100,000/150*4*0.50)
  • % Savings- 1.33% (1333/100000*100)

Reward Ratio & Redemption

  • Earn 4 reward point on Rs. 150 spent
  • Each reward point is worth Re. 0.50
  • Redeem rewards points for:
    • Travel bookings on hdfcbankregalia.com
    • Gifts from exclusive rewards catalog
    • Airmiles of domestic & international airlines

Key Benefits

  • 2% Foreign currency mark-up
  • 15% discount on dining at premium restaurants
  • 12 complimentary domestic lounge access
  • Complimentary priority pass membership
  • Medical emergency protection up to Rs. 15 lakhs
  • Air accident cover of Rs. 1 Crore
  • Credit liability cover up to Rs. 9 Lakh
  • Travel insurance cover up to Rs. 55,000 on baggage delay

Best Credit Card for Shopping on Amazon India

#6. ICICI Amazon Pay Credit Card 

ICICI Amazon Pay is the best credit card for Amazon shoppers. You can save 5% every time on your Amazon online shopping.

Application Process – You cannot apply directly for the credit card. You would see an invite inside your Amazon Mobile App and receive an email from Amazon. Only then you can get this card.

Make sure you add your existing ICICI credit card into the Amazon account to get the invite. If you don’t have ICICI credit card then apply for a lifetime free ICICI Platinum Credit Card.

Annual Fees – NIL

Potential Annual Savings

  • Savings of Rs. 3000 by just spending 60,000 on Amazon (60000*5/100)
  • % Savings- 5% (3000/60000*100)
  • Saving of Rs. 5000 on annual online expenses of Rs. 1 Lakh (100,000*5/100)
  • % Savings- 5% (5000/100000*100)

Benefits of Amazon Pay Credit Card

  • 5% cash back for Amazon Prime customers
  • 3% cash back for non-prime customers
  • No cap on cashback, minimum transaction- Rs. 3000
  • 2% cash back when using as a preferred payment method
  • 1% cash back on all other payments
  • 1% fuel surcharge waiver

Best Credit Card for Shopping on Flipkart

#7. Axis Bank Buzz Credit Card

Like ICICI Amazon pay credit card, Axis Buzz credit card is the best suitable Flipkart shoppers.

You get a 10% instant discount while shopping on Flipkart from 1-5th of every month. From 6th to 31st of every month the discount will be 5%. You will also get the milestone bonus.

Milestone Bonus

You will get Milestone on two bases, first on Flipkart and the other on overall spend. The details are

If you spend a total of Rs. 2 Lakhs (including Rs. 1 Lakhs on Flipkart) then, as per the milestone you will get Flipkart gift vouchers worth Rs. 7000 (500+1000+2500+1000+2000).

Let’s Calculate Saving

If you spend Rs. 1 Lakh on Flipkart and Rs. 1 Lakh elsewhere, your bonus saving would be 3.5% (7000/200000*100).

You will also get a 10% instant discount on shopping from Flipkart which leads your total saving of 13.5% (3.5+10), a huge saving.

Plus you get 6 reward points per Rs. 200 spent online.

The only drawback is that you need to spend only on Flipkart that too in the first 5 days of every month to get a 10% discount.

Annual Fee – Rs 750 (you will get a Flipkart voucher worth Rs. 1000 as welcome gift).

Potential Annual Savings

  • Savings of Rs. 6860 by just spending 60,000 online (60000/200*6*0.20 +1500+500*10)
  • % Savings- 11.43% (6860/60000*100)
  • Saving of Rs. 12,800 on annual online expenses of Rs. 1 Lakh (100,000/200*6*0.20+5000+600*12)
  • % Savings- 12.8% (12800/100000*100)

Reward Ratio & Redemption

  • 2 reward point on every Rs. 200 spent
  • 3X reward point for online shopping
  • Each reward point is worth Re. 0.20
  • Redeem rewards points through Axis Edge Rewards Program

Key Benefits

  • 10% instant discount from 1 to 5th of every month on Flipkart
  • Get 5% instant discount from 6 to 31st of every month on Flipkart
  • 15% discount at partner restaurants

Best Credit Card for Shopping on Snapdeal

#8. HDFC Snapdeal Credit Card

HDFC Snapdeal is a co-branded credit card to give additional benefits to the Snapdeal shoppers. If you do regular shopping on Snapdeal, then only the card would prove beneficial for you.

Snapdeal Saving

With HDFC Snapdeal credit card you can save up to 8.33% on your shopping

You will get 5% instant discount on your Snapdeal purchase. Along with that, you will earn 20 reward points per Rs 150 worth Rs. 5 (~3.33% saving), a total of 8.33%

Annual Fee – Rs. 500 (spend Rs. 1,50,000 in a year and get next year fee waiver)

You will get a Snapdeal voucher worth Rs. 2000 and 500 reward points as a welcome gift.

Potential Annual Savings

  • Savings of Rs. 5000 by just spending 60,000 online (60000/150*20*0.25 +60000*5/100)
  • % Savings- 8.33% (5000/60000*100)
  • Saving of Rs. 8333 on annual online expenses of Rs. 1 Lakh (100,000/150*20*0.25+100000*5/100)
  • % Savings- 8.33% (8333/100000*100)

Reward Ratio & Redemption

  • 2 reward point on every Rs. 150 spent
  • 10X reward point for shopping on Snapdeal and purchases through SmartBUY
  • Each reward point is worth Re. 0.25
  • Redeem rewards points for
    • Products at HDFC MyRewards catalog
    • Purchasing Snapdeal vouchers

Key Benefits

  • 1% fuel surcharge waiver
  • Free accidental death insurance up to Rs. 50 lacs
  • Fire and burglary protection (goods above Rs. 5000 for 180 days)

Best Credit Card for Shopping on Myntra

#9. Axis Bank Neo Credit Card

Axis Bank Neo credit card is especially for those who spend frequently on Myntra, BookMyShow, RedBus, Jabong, and Freecharge. If you are shop regularly on any of these websites, then you can save up to 10%.

Joining fee – Rs. 250 (waived upon spends of Rs. 2500 in 45 days)

Annual fee – Rs. 250

You would get welcome gift vouchers worth Rs. 1050

Welcome Gift

  • Amazon gift voucher worth Rs. 250 on the first transaction within 30 days of card setup
  • Bookmyshow voucher worth Rs. 300
  • Jabong gift voucher worth Rs. 500

Potential Annual Savings

  • Savings of Rs. 6120 by just spending 60,000 online (60000/200*2*0.20 +60000*10/100)
  • % Savings- 10.2% (6120/60000*100)
  • Saving of Rs. 10200 on annual online expenses of Rs. 1 Lakh (100,000/200*2*0.20+100000*10/100)
  • % Savings- 10.2% (10200/100000*100)

Reward Ratio & Redemption

  • 2 reward point on every Rs. 200 spent
  • Each reward point is worth Re. 0.20
  • Redeem rewards points through Axis Edge rewards program

Key Benefits

  • 10% discount at Myntra (minimum purchase of Rs. 500)
  • 10% off on BookMyShow with monthly benefits up to Rs. 50.
  • 10% discount at redBus with monthly benefits of up to Rs. 100.
  • 10% cashback on Freecharge (maximum up to Rs. 30 per month
  • 15% discount at Axis partner restaurants

Drawback

  • You can get a discount on only a few partnered website
  • There are monthly caps on maximum discount

Best Credit Card for Shopping In India (Grocery & Departmental stores)

#10. Standard Chartered Manhattan Credit Card

SC Manhattan is the only card that offers a direct 5% cashback on your grocery shopping in the supermarkets. You only need to make a minimum transaction of Rs. 1000 to get a 5% cashback. The maximum cashback is capped at Rs. 500 per month (Rs. 150 per transaction).

Saving Trick – In case your bill crosses Rs. 3000 (5% of 3000 = 150), request the salesperson to split your bills into two. This way would get cashback on your entire bill amount.

Annual fee: Rs. 999 (but you can get it waived off with 1.2 Lakhs annual spending)

Rs. 2000 BookMyShow voucher on the first transaction done within 90 days of card setup

Key benefits:

  • 5% cash back on credit card expenditure at supermarkets & department stores
  • 3 rewards points per Rs. 150 spend on all other spends

Potential Annual Savings

  • Savings of Rs. 4200 by just spending 60,000 online (60000/150*3*1)
  • % Savings- 7% (2000/60000*100)
  • Saving of Rs. 7000 on annual online expenses of Rs. 1 Lakh (100,000/150*3*1)
  • % Savings- 7% (7000/100000*100)

Reward Ratio & Redemption

  • 3 reward point on Rs. 150 spent
  • Each reward point is worth Re. 1
  • Redemption through SC 360 degree rewards program

Other Limited Time Offers

  • INR 200 instant discount at Grofers. Use Promo code SCB200
  • 15% off at over 850 restaurants in India
  • Up to INR 1,000 off on SpiceJet, code scb1000
  • Get up to 15% off on Samsung mobiles

#11. SBI Simply Save Credit Card

Simply Save credit card is a shopping credit card, works best for grocery spends, departmental stores and movies spends.

You will get 10 reward points per Rs. 100 spent on grocery, dining, movies, and departmental spends which is worth Rs. 2.5.

Annual Fee – Rs. 499 (spend Rs. 1 lakh in a year and get next year annual fee waiver)

Potential Annual Savings

  • Savings of Rs. 1500 by just spending 60,000 online (60000/100*10*0.25)
  • % Savings- 2.5% (1500/60000*100)
  • Saving of Rs. 4500 on annual online expenses of Rs. 1 Lakh (100,000/100*10*0.25+2000)
  • % Savings- 4.5% (4000/100000*100)

Reward Ratio & Redemption

  • 10 reward point on Rs. 100 spend at the partnered brand
  • Each reward point is worth Re. 0.25
  • Redemption- through SBI reward programs

Other Benefits

  • 10 Reward Points per Rs. 100 spent on Dining, Movies, Departmental Stores and Grocery Spends
  • 1 Reward Point per Rs. 100 spent
  • Get Rs. 100 cash back on your first ATM cash withdrawal.
  • 1% fuel surcharge at any petrol pump for a transaction between Rs. 500 to 3000

Watch SBI Simply Save Credit Card Review (Hindi)

Conclusion:

I have already told my preference for Standard Chartered Manhattan Credit Card.

Apart from that, you can pick Amex Membership Rewards credit card as it gives the best annual savings of 5.6% and can be used for all types of online spends.

8 thoughts on “11 Best Credit Card for Online Shopping in India 2020”

  1. Dear sir,
    I’m waiting your reply. I’m confused select any two credit card.

    using regalia first,Manhattan , Indusind nexxt and RBL platinum delight also All card chargeble Please suggest any two.

    My expend. ….

    Online shopping 50k
    Insuranc premium 1L
    Department store 50k per year approx.

    Please suggest on mail.

    Reply
  2. Hello Pardeep sir, Nice Information about Credit Card which really helped me how to present the content in actual way – “Best credit card for grocery shopping” which was given in your content writing course
    Thank you

    Reply

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