Amazon Great Indian Festival Sale will start from 17 October 2020. Amazon Prime Members can enjoy a 24-hour early access (i.e. October 16th) to the deals and offers. You can avail heavy discounts on Mobiles, Electronics, Laptops, Home Products and much more. Amazon will also promote small businesses during the Great Indian Festival Sale by offering discounts on their products.
This year, HDFC Bank credit card and debit card users will be able to avail a 10% instant discount on the purchases. Other banks are also offering no-cost EMIs and other benefits during the Amazon Great Indian Festival. Read on to know how you can save big on your purchases during the sale by using the right credit cards.
Highlights of Amazon Great Indian Festival Sale 2020
Amazon Great Indian Festival Sale- Date and Timings
Sale Start Date & Time for Non-Prime Members
|17th October, 2020 [12:00 am]|
|Sale Start Date & Time for Prime Members|
16th October, 2020 [12:00 am]
Get 10% Instant Discount with HDFC Credit Cards
Amazon has partnered with HDFC Bank to offer additional discounts for HDFC Bank customers. During the Amazon Great Indian Festival Sale, HDFC Bank customers will get a 10% instant discount on purchases made via HDFC debit or credit card. This offer is valid on all HDFC credit card variants ranging from a basic card to a premium one and also on EMI transactions made through HDFC Credit Cards.
In addition to the 10% discount, the offer will be even more beneficial for you if you have a card that offers generous rewards or cashback on shopping. Listed below are some such credit cards by HDFC Bank.
Best HDFC Credit Cards for Online Shopping
|Credit Card||Annual Fee||Key Benefit|
|HDFC Moneyback Credit Card||Rs. 500||Double rewards on online shopping|
|HDFC Millennia Credit Card||Rs. 1,000||5% cashback on Amazon on a minimum purchase of Rs. 2,000|
|HDFC Regalia Credit Card||Rs. 2,500||4 reward points per Rs. 150 spent across all categories|
HDFC Moneyback Credit Card- Though it is a regular card with basic benefits, it offers twice the rewards on your online purchases. So, if you use HDFC Moneyback to shop during Amazon Great Indian Festival, you not only get the extra 10% discount but also add extra to your reward point balance. The accumulated rewards can later be used to get vouchers or merchandise from HDFC Credit Card Rewards Catalogue.
HDFC Millennia Credit Card- This is a newly launched card by HDFC Bank but has gained much popularity among millennials due to its cashback program. A number of Moneyback users have also upgraded to the Millennia Credit Card for its added advantages. With the Millennia Credit Card, you can 5% cashback on your purchases on Amazon provided they are above Rs. 2,000. So, if you purchase an item worth Rs. 30,000, you will get it for 27,000 (10% off on HDFC Card) plus Rs. 1,350* as cashback.
|Note: There may be certain terms and conditions related to cashback earning during the Amazon Great Indian Festival Sale. Please call HDFC Customer Care before making a purchase through HDFC Millennia Credit Card.|
HDFC Regalia Credit Card- This is one of the most popular HDFC Credit Cards because of its comprehensive features and a reasonable fee. Since the reward rate on this card is higher than other HDFC Credit Cards, it will be quite beneficial during the Amazon Sale.
Other Online Shopping Credit Cards to Save More on Amazon
Apart from HDFC Bank, there are credit cards from other banks that are well-suited for online shopping. If you do not have an HDFC Credit Card, you can still save a considerable amount using any of these cards.
|Credit Card||Annual Fee||Key Benefit|
|Amazon Pay ICICI Bank Credit Card||Nil||5% cashback on Amazon for PRIME Customers and 3% for non-prime customers|
|SBI SimplyCLICK Credit Card||Rs. 499||10X reward points on Amazon|
|HSBC Cashback Credit Card||Rs. 750||1.5% cashback on all online spends|
|American Express SmartEarn Credit Card||Rs. 495||5X reward points on Amazon|
|Flipkart Axis Bank Credit Card||Rs. 500||Minimum 1.5% cashback on all purchases|
Big-ticket Purchases Made Easier with No-Cost EMI
You can make big-ticket purchases during Amazon Great Indian Festival Sale by opting for the No Cost EMI option.
No Cost EMI or Zero Cost EMI is an equated monthly installment scheme where you pay for a purchased product at the listed price in small EMIs every month at no extra cost.
No cost EMIs are applicable for a tenure of 3, 6 or 9 months. In some cases, it can go up to 1 year as well. When you shop for a product online, you get the No Cost EMI option in the offers section. If there is no such offer present, it means that the seller has not listed it for No Cost EMIs. You just have to add the product to the cart and proceed for the payment.
The below given table shows the interest rate charged on EMIs by some of the leading banks in India-
Credit Card Provider
Merchant EMI Interest Rate (p.a.)
|HDFC Bank||15% Onwards|
|SBI Card||14% Onwards|
|Standard Chartered||13% Onwards|
|HSBC Bank||12.5% Onwards|