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Do you love shopping? Are your visits to malls and stores too frequent? Do you open e-commerce apps on your smartphone every day? If your answer to any of these questions is YES, then this article is specifically for you. Shopping credit cards are the cards that offer numerous deals, discounts, cashback and rewards to the users every time they shop at stores or online.  Here, we will discuss the top 7 shopping credit cards in India for 2020.

Top 7 Shopping Credit Cards in India for 2020

Credit CardBest Pick ForAnnual Fee
ICICI Amazon Pay Credit CardLifetime FreeNil
Standard Chartered DigiSmart Credit CardDirect Discount across BrandsRs. 49 per month
Flipkart Axis Bank Credit CardCo-branded BenefitRs. 500
HSBC Cashback Credit CardCashbackRs. 750
HDFC MoneyBack Credit CardLow Annual FeeRs. 500
SBI SimplyCLICK Credit CardOnline Shopping RewardsRs. 499
American Express SmartEarn™ Credit CardRewardsRs. 495

1. Amazon Pay ICICI Credit Card

Best Shopping Credit Card with ZERO ANNUAL FEE

Key Highlights
Should you get this card?
Runner-up Card
Key Highlights

Amazon Pay ICICI Credit Card

Annual Fee: Nil

  • Amazon Prime users can avail 5% cashback on purchase at Amazon.in
  • Non- Amazon Prime users can avail 3% cashback on purchase at Amazon.in
  • You will get 2% reward points on recharges and bill payment
  • You can earn 2% cashback on 100+ Amazon Pay partner merchants
  • You will earn 1% cashback on all other payments
  • 1 Reward point = 1 Rupee
  • No cost EMI on all purchases above Rs. 3,000 for 3 and 6 months

Read ICICI Amazon Pay Credit Card Review

Should you get this card?

ICICI Amazon Pay Credit Card is best suited for those who are loyal to Amazon for all their shopping needs. The more you spend on Amazon, the more cashback you will get. Since the cashback is given in the form of Amazon Pay Balance, you can use it on Amazon and its partner merchants only.

You should get this card if:Consider other credit cards if:
  • You are an Amazon Prime Customer
  • You prefer Amazon for everything- from gadget shopping to groceries to utility bill payment
  • You need benefits across other categories like travel or entertainment
  • You like online shopping but are not loyal only to Amazon
Runner-up Card

Since Amazon Pay ICICI Credit Card is a great pick from the ‘Lifetime Free’ Category, here is a runner-up card in the same category.

HSBC Visa Platinum Credit Card

Annual Fee: Nil

  • Earn 2 Reward Points per Rs. 150 spent
  • Get 10% cashback for making at least 9 transactions totaling Rs. 10,000 or more in the first 90 days of card activation. Maximum cashback is capped at Rs. 2,000
  • Spend Rs. 50,000 or more in a month and get BookMyShow Vouchers worth Rs. 500*
  • Reach total spending of Rs. 4 Lakh in a year and get 5X rewards on all subsequent purchases
  • Fuel surcharge waiver for transactions between Rs. 400 and Rs. 4,000*

Read Full Review of HSBC Visa Platinum Credit Card

2. Standard Chartered DigiSmart Credit Card

Best Shopping Credit Card with DISCOUNT ON MULTIPLE BRANDS

Key Highlights
Should you get this card?
Runner-up Card
Key Highlights

Standard Chartered DigiSmart Credit Card

Monthly Fee: Rs. 49

  • Enjoy BOGO offer on INOX movie tickets on Saturday and Sunday twice a month*
  • 10% off on buying groceries online through Grofers 5 times a month (Max. discount Rs. 1,000)
  • 20% discount when shopping on Myntra up to a maximum discount of Rs. 700 once a month
  • 10% discount on Zomato 5 times in a month
  • 15% cashback on booking Ola Cab rides up to maximum cash back of Rs. 600 per month
  • Up to 25% off on Yatra for select categories*

Read Standard Chartered DigiSmart Credit Card Review

*Terms and conditions apply

Should you get this card?

Standard Chartered DigiSmart Credit Card offers benefits not only on shopping but also across other categories like travel and food. The reason we have included it in the list is that only a few cards give direct discounts across such a wide variety of brands.

You should get this card if:Consider other credit cards if:
  • You are a loyal customer of the brands like Myntra, Grofers, Ola, etc.
  • You are looking for a card with comprehensive features and a low annual fee.
  • You would be comfortable paying a higher annual fee for better benefits across brands.
  • You would like to save more on shopping at popular e-commerce platforms like Flipkart and Amazon
Runner-up Card

Since the DigiSmart Credit Card offers direct discount, here is another card with a similar feature:

SBI FBB StyleUP Credit Card

Annual Fee: Rs. 499

  • 10% discount at FBB and Big Bazaar Stores on Fashion Apparel, Accessories, Backpacks, Footwear & School Bags
  • No minimum purchase or maximum discount
  • Offer can be availed over and above the offers in the store
  • Welcome gift of Rs. 500 Voucher from FBB
  • 10X Reward Points on dining and spends at Big Bazaar, Standalone Fbb and Food Bazaar outlets
  • 1% fuel surcharge on every transaction of Rs. 500 to Rs. 3,000 up to Rs. 100 per month

Read Full Review of SBI FBB StyleUP Credit Card

3. Flipkart Axis Bank Credit Card

Best Shopping Credit Card with CO-BRANDED BENEFITS

Key Highlights
Should you get this card?
Runner-up Card
Key Highlights

flipkart axis bank credit card

Annual Fee: Rs. 500

  • Welcome benefits worth Rs. 3,300
  • 5% cashback on shopping with Flipkart, Myntra and 2GUD
  • 4% cashback on shopping with other Preferred Merchants
  • 1.5% cashback across all other categories
  • 4 complimentary domestic lounge visits in a year
  • 1% fuel surcharge waiver up to Rs. 500 per month

Read Flipkart Axis Bank Credit Card Review

Should you get this card?

The Flipkart Axis Bank Credit Card offers the best co-branded benefits in this list of the best shopping credit cards in India. The card would be the best for those who prefer Flipkart to other e-commerce platforms for most of their needs.

You should get this card if:Consider other options if:
  • You frequently shop with Flipkart, Myntra and other preferred merchants as mentioned by the card issuer
  • You would prefer direct cashback over rewards, vouchers or merchandise
  • You would like benefits on travel, dining, entertainment or other categories
  • You choose where to shop on the basis of where you are getting the best deal instead of sticking to a particular platform like Flipkart or Myntra
Runner-up Card

Flipkart Axis Bank Credit Card comes with best co-branded benefits. So, here is another co-branded credit card to meet your shopping needs.

Lifestyle HC SBI Card SELECT

Annual Fee: Rs. 1,499

  • Welcome and renewal gift of 6,000 reward points equal to Rs. 1,500
  • 10 reward points per Rs. 100 at Lifestyle, Home Centre, Max and Spar (both online and stores)
  • 10 reward points per Rs. 100 on dining and movies
  • Convert rewards into LMR for dual benefits (1 LMR = 2.4 SBI Card Reward Points)
  • Get cumulative milestone benefits worth Rs. 8,600* in a year
  • 1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 3,000

Read More

4. HSBC Cashback Credit Card

Best Shopping Credit Card for CASHBACK

Key Highlights
Should you get this card?
Runner-up Card
Key Highlights

HSBC Cashback Credit Card

Annual Fee: Rs. 750

  • 5% cashback on all online spends (excluding transfer to online wallets)
  • 1% cashback on all other spends
  • No maximum cap on cashback
  • Earn cashback on Instant EMI as long it is used at listed merchant partners
  • Cashback credited within 45 days of card statement date
  • Up to 15% discount at partner restaurants of HSBC Bank

Read HSBC Cashback Credit Card Review

Should you get this card?

This is a wonderful cashback credit card, especially for your online purchases. Mostly, EMI transactions do not earn cashback but this card gives this facility with certain merchants.

You should get this card if:Consider other options if:
  • You want cashback on your online purchases but are not loyal to a particular brand
  • You want to make big-ticket purchases on EMI and get cashback for the same
  • You want direct discount with your favorite brands instead of an overall cashback benefit
  • You want travel, entertainment or other benefits on the card.
Runner-up Card

HSBC Cashback Credit Card is among the best cashback credit cards in India and it helps you save on your regular shopping needs. There is a similar card from Citibank but with benefits on movies and utilities.

Citi Cashback Credit Card

Annual Fee: Rs. 500

  • 5% cashback on movie tickets, telephone and other utility bill payments
  • 5% cashback across all other categories
  • 15% discount at partner restaurants of Citibank
  • Convert high-ticket purchases into easy EMIs

Read Citi Cashback Credit Card Review

HSBC Cashback Credit Card is one of the BEST CASHBACK CREDIT CARDS in India

Find More Cards in this Category

5. HDFC MoneyBack Credit Card

Best Shopping Credit Card with LOW ANNUAL FEE

Key Highlight
Should you get this card?
Runner-up Card
Key Highlight

Annual Fee: Rs. 500

  • Get 500 Reward Points as welcome gift
  • Earn 2X Reward Points for every Rs. 150 of Online spends
  • Earn 2 Reward Points for every Rs. 150 of Retail spends
  • Get reward points converted to statement credit (100 RP = Rs. 20)
  • Rewards are valid up to 2 years from the date of accrual
  • 1% fuel surcharge waiver on transactions above Rs. 400

Read HDFC MoneyBack Credit Card Review

Should you get this card?

HDFC MoneyBack is a low-annual fee credit card with regular benefits. This is also a good credit card for first-time users as the eligibility criteria are easier on this card. Shopping frequently with this card (especially online) will help you accumulate rewards, which can later be redeemed for cash.

You should get this card if:Consider other options if:
  • You are a first-time user and not eligible for other credit cards.
  • You are looking for a card with basic features at a low annual fee.
  • You want better benefits across multiple categories and are ready to pay a higher annual fee.
  • You want online shopping to be more rewarding.
Runner-up Card

Since HDFC MoneyBack is a good option for first-time users and offers regular benefits, here is a card from ICICI Bank with similar features.

ICICI Coral Credit Card

Annual Fee: Rs. 500

  • 2 free movie tickets every month from BookMyShow
  • Enjoy ‘Buy One Get One’ offer at INOX Cinemas
  • Save at least 15% on your dining bills at select restaurants
  • Earn up to 2 PAYBACK Points on every Rs. 100 spent on the card
  • Avail bonus PAYBACK Points on reaching spending milestones
  • 1 complimentary airport lounge visit and railway lounge visit in a quarter

Read ICICI Coral Credit Card Review

6. SBI SimplyCLICK Credit Card

Best Shopping Credit Card with EXTRA REWARDS ON ONLINE SHOPPING

Key Highlights
Should you get this card?
Runner-up Card
Key Highlights

SBI SimplyClick Credit Card

Annual Fee: Rs. 499

  • 10X reward points on online spends with partner brands
  • 5X rewards on all other online spends
  • Welcome gift of Rs. 500 from Amazon
  • Cashback up to Rs. 750 on booking packages above Rs. 1,500 via Cleartrip mobile app
  • Cash withdrawal up to 80% of the credit limit
  • The expense of Rs. 2,500 or above can be converted into EMIs

Read SBI SimplyCLICK Credit Card Review

Should you get this card?

If you want to get cashback and discounts and do not want to pay high annual fee every year, SBI SimplyClick credit card can be a very good option for you. If you are new to credit and don’t know much about credit cards, this can be a very good prospect for you as you can learn how to spend using credit cards and earn huge benefits at the same time.

You should get this card if:Consider other options if:
  • You wish to get reward points for your spending instead of cashback
  • You want a basic low-fee card with some extra benefits on online shopping
  • You would like better options to redeem the reward points
  • You wish to get benefits across some other categories like travel or dining
Runner-up Card

SBI SimplyCLICK Credit Card offers accelerated rewards on online shopping and here is another card with a similar feature but a higher annual fee.

Axis Bank Buzz Credit Card

Annual Fee: Rs. 750

  • 2 Axis EDGE REWARD Points per Rs. 200
  • 6 Axis EDGE REWARD Points per Rs. 200 spent on online shopping
  • 10% instant discount on Flipkart from 1st to 5th of each month
  • 5% instant discount on Flipkart from 6th to 31st of each month
  • Flipkart Vouchers up to Rs. 2,500 as milestone benefit

Read Axis Bank Buzz Credit Card Review

6. American Express SmartEarn™ Credit Card

Best Shopping Credit Card with EXCELLENT REWARDS

Key Highlights
Should you get this card?
Runner-up Card
Key Highlights

Amex SmartEarn Credit Card

Annual Fee: Rs. 495

  • 10X Reward Points on every Rs. 50 spent at Flipkart and Uber
  • 5X reward points on every Rs. 50 spent at Amazon, Swiggy, BookMyShow, Big Bazaar, Myntra, PVR, Jabong and Grofers
  • 1 Membership Reward Point on every Rs. 50 spent on insurance, utilities, fuel, cash transactions and EMI conversion at POS
  • 500 cashback on spending Rs. 10,000 within 90 days of card issuance

Read More

Should you get this card?

American Express SmartEarn™ Credit Card lets you earn extra rewards when shopping with exclusive partners and the rate of earning is also higher as compared to other cards. You can convert membership reward points into Air Miles (Frequent Flyer Program) or redeem them against a wide range of shopping rewards, travel rewards, entertainment rewards, etc. Amex SmartEarn credit card can find place in almost all shopping credit card lists owing to the range of benefits provided by it.

You should get this card if:Consider other options if:
  • You are a heavy spender and prefer shopping with the partner brands of this card.
  • You would want rewards more than cashback or discount
  • Your annual income is lower than Rs. 4.5 Lakh (salaried)/Rs. 6 Lakh (self-employed)
  • You would want a card with more benefits than rewards and are ready to pay a higher annual fee.
Runner-up Card

American Express SmartEarn™ Credit Card is one of the best rewards credit cards in India and so here we will also mention another card that finds a place in the list.

Citi Rewards Credit Card

Annual Fee: Rs. 1,000

  • 1 Reward Point per Rs. 100 spent
  • 10X Reward Points on Apparel and Departmental Store Purchases
  • Spend Rs. 30,000 or more in a month and get 300 bonus reward points
  • 2,500 Reward Points as welcome gift when you use the card within 60 days of card activation
  • Avail Citibank Concierge Service

Read Citibank Rewards Credit Card Review

How to Choose the Right Shopping Credit Card?

Different people have different shopping needs. For example, some would prefer e-commerce platforms to the stores while others would have preferences even among these online shopping websites. Your choice of the right shopping credit card will depend on how you plan to use the card. We have categorized the shopping credit cards above based on what bonus category they are best suited for. You may choose one of the cards from that list.

Once you have decided why you need the card and have shortlisted a few, the next step would be a comparison of those cards on the following grounds:

  • Annual Fee
  • Welcome Gift/Sign-up Bonus
  • Flexibility of Benefits (Cashback/Rewards Redemption Process)
  • Final Value Back (Cashback percentage/Rewards Value in Rupee)
  • Other terms and conditions

Confused? Start your search with the credit cards you are eligible for.

Click Here

Making the Most of Your Shopping Credit Card

Once you have found the right credit card, the next step would be its proper usage. Here are a few tips to make the most of your card:

Use your card smartly- You got the card for all the benefits and value back that it offers. All of this makes sense when you use the card often and get these benefits. Put those expenses on the card that get you the highest benefit.

Earn what you pay in fee– Even if you don’t want to put every expense on your credit card, you should at least make enough purchases to get the annual fee that you get on the card. You can do this by reaching the spending milestone for fee waiver or by making purchases that give you value back equivalent to the annual fee charged.

Keep up with the latest offers- Offers come and go on credit cards and you must stay updated in order to make the most of these.

If you have multiple credit cards, you must try to get the most by combining the benefits.

FAQs

Which is the easiest shopping credit card to get?
Can I get a credit card with Rs. 15,000 salary?
Which shopping credit card gives the highest credit limit?
Can I use my shopping credit card for travel expenses?
Is paying annual fee for a shopping credit card worth it?

Which is the easiest shopping credit card to get?

Your eligibility for a credit card depends on many factors including your income, credit score, city of residence, occupation, etc. Most of the leading banks have some regular cards in their list which are easier to get. If you do not have a credit card, you may try to apply for HDFC Bank MoneyBack Credit Card, HDFC Freedom Credit Card, ICICI Coral Credit Card or ICICI Platinum Chip Credit Card.

Can I get a credit card with Rs. 15,000 salary?

Yes. There are cards that are offered to people with salaries below Rs. 15,000. HDFC MoneyBack Credit Card, HDFC Freedom Credit Card and ICICI Platinum Chip Credit Card are some such cards.

Which shopping credit card gives the highest credit limit?

The credit limit depends on your income and several other factors and not on the card type.

Can I use my shopping credit card for travel expenses?

Yes. All credit cards can be used for all kinds of expenses. However, you may not get extra benefits like cashback or accelerated rewards on travel if you use a shopping credit card.

Is paying annual fee for a shopping credit card worth it?

This depends on the benefits offered and how you use the card. For example, HSBC Cashback Credit Card charges an annual fee of Rs. 750 but it also offers 5% cashback on online spends and 1% on all other spends. So, if you manage to spend only Rs. 15,000 on online shopping, the annual fee you pay is earned back in the form of cashback.

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