Do you love shopping? Do you frequent to malls and stores? Are e-commerce apps always open on your smartphone? If your answer to any of these questions is in affirmative, then this article is specifically for you. In this article, we will discuss top 7 shopping credit cards in India for 2020.

Shopping credit cards are some of the most popular credit cards among various leading banks in India. These cards offer numerous deals, discounts, cashback and rewards to the customers every time they shop at stores or online.

SBI SimplyCLICK Credit Card

SBI SimplyClick Credit CardSBI SimplyCLICK credit card is in collaboration with Amazon India, BookMyShow, Lenskart, Cleartrip, and Ola cabs. This card is best suitable for online shopping.

Below mentioned are the shopping benefits of this card:

  • 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

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.

Read SBI SimplyClick Credit Card Review (2020)  

HDFC MoneyBack Credit Card

HDFC MoneyBack credit card has been specifically designed to return a portion of what cardholders spend. This card ensures that more purchases lead to greater savings; one can also consider this as earning money on shopping. The cashback is in the form of rewards points, which can be utilized for further shopping or can also be converted into direct statement credit. Below mentioned are the shopping benefits of this card:

  • 2 reward points for every Rs. 150 spent
  • 2X reward points on online spends
  • 100 reward points are equal to Rs. 20 as cashback
  • Reward points earned on the HDFC Bank MoneyBack Credit Card are valid for a period of 2 years from the date they were earned
  • Rs. 500 e-voucher on spending Rs. 50,000 or more in a quarter

HDFC Bank MoneyBack credit card is suitable for you if you spend a lot online. If you are new to credit, this card can be good to start. It has a low annual fee of Rs. 500 which can be waived off on spending as low as Rs. 50,000 in a calendar year.

Read Full HDFC MoneyBack Credit Card Review (Updated 2020)

ICICI Bank Amazon Pay Credit Card

Amazon Pay ICICI Credit Card

ICICI Bank in association with Amazon Pay and Visa has launched the ICICI Amazon Pay credit card. It provides cashback on Amazon and other transactions as well. It has lifetime free validity i.e. there is no joining fee or annual fee on the card. The cashback is automatically credited into the user’s Amazon Pay account.

Below mentioned are the shopping benefits of this card:

  • 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

ICICI Bank Amazon Pay credit card is best for you if you in all cases. It is lifetime free, you get cashback and no cost EMI facility, fuel surcharge waiver and exclusive offers on Amazon. Even if you do not shop much on Amazon, you get cashback on other purchases.

Read ICICI Bank Amazon Pay Credit Card Updated Review 

Flipkart Axis Bank Buzz Credit Card

flipkart axis bank credit card

Flipkart in association with Axis Bank has launched the Flipkart Axis Bank credit card that is specifically designed for people who prefer online shopping on Flipkart over traditional forms of shopping. The cardholders can pay for their purchases with their card, get discounts and be rewarded for the same.

Below mentioned are the shopping benefits of this card:

  • 5% cashback on Flipkart, Myntra and 2GUD without maximum monthly cap
  • 4% cashback on Flipkart preferred merchants
  • 5% cashback on all other spends
  • The cashback is directly credited to the statement as payment of your credit card bill
  • Exclusive offers and additional benefits on Flipkart for cardholders
  • Facility to convert all transactions above Rs. 2,500 into EMIs
  • Joining and activation benefits of Rs. 3,300

If you shop at Flipkart too often, there can be no credit card that would provide higher benefits to you. This card would be best for you. The fee is also not that high and if you spend Rs. 2 Lakh on this card, your annual fee for the next year will be waived off. If you spend Rs. 2.1 Lakh on this card, you can get a cashback of Rs. 6,300 and total annual benefits of Rs. 19011.

American Express SmartEarn ™ Credit Card

Amex SmartEarn Credit CardAmerican Express SmartEarn ™ credit card is designed for e-commerce websites like Flipkart, Amazon, Big Bazaar, Grofers, etc. You can also use this card to earn accelerated reward points on Uber and annual fee waiver option. Let us have a look at some of the shopping benefits of Amex SmartEarn credit card.

  • 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

You can redeem membership reward points for converting them to Air Miles (Frequent Flyer Program) and 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.

Read American Express SmartEarn Credit Card Full Review 2020

Standard Chartered DigiSmart Credit Card

Standard Chartered DigiSmart Credit CardStandard Chartered DigiSmart credit card is designed especially for those who shop online a lot. The bank has tied up with popular companies for providing deals and discounts to cardholders. Myntra for fashion clothing, Grofers for grocery shopping, Zomato for dining and food delivery, INOX for movie discounts, Yatra.com for travel offers and Ola for cab service provide discounts to cardholders. Let us have a look at what you can get if you have this card:

  • 20% off at Myntra up to a maximum of Rs. 700 once every month
  • 10% off at Grofers up to a maximum of Rs. 1,000 up to 5 transactions per month
  • 10% off on Zomato up to Rs. 150 per transaction up to 5 times every month
  • Buy one get one offer twice every month at INOX on Saturdays and Sundays up to a maximum of Rs. 200 per transaction
  • Discounts ranging from 10% to 25% on domestic and international flights and hotel booking
  • 15% discount on Ola cabs up to a maximum of Rs. 600 every month

If you purchase products from Myntra, Zomato, Grofers and other partners then this credit card is very good for you. But if you make purchases from other portals, there can be a number of other cards that provide you huge discounts and privileges.

One good thing about this card is that the fee of Rs. 49+GST is charged on a monthly basis which is waived off if you spend Rs. 5,000 in the previous month. So you will have to pay the fee only when you miss the Rs. 5,000 total transaction in a month.

Read Standard Chartered DigiSmart Credit Card Latest Review Here

HSBC Cashback Credit Card

HSBC Cashback Credit CardHSBC Cashback credit card is a good option for frequent shoppers. You will get 1.5% cashback on all online spends except in case of wallet top-ups and 1% cashback on all other spends. You get exclusive benefits on various e-commerce portals as well. Some of the shopping benefits of this card are mentioned below:

  • Unlimited cashback on all spends online (1.5%) as well as offline (1%) without maximum cap
  • Cashback is also applicable on EMIs
  • Discount on Big Basket, Amazon Pantry, MakeMyTrip and other partners

The cashback is credited to the statement within 45 days of carrying out the transaction. This is a good option as many shopping cards either provide cashback in wallets or in the form of reward points. The cashback earned on this card is directly used to pay the bill.

Read Full HSBC Cashback Credit Card Review Here

Selected a Shopping Credit Card for yourself?

The post 7 Best Shopping Credit Cards in India for 2020 appeared first on Compare & Apply Loans & Credit Cards in India- Paisabazaar.com.



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