In this post we will be studying credit cards that offer the most potential for online shopping in India.
With these cards, you will be able to save a lot on online shopping needs and enjoy shopping as well.
HDFC Regalia Credit Card
HDFC Regalia Credit Card being a premium card levies a heavy annual fee. That should not stop you from seeing the various benefits of having the card with you. It has a number of features that should excite you.
When you join you will get 2500 points for joining. As you progress for the next year renewal you get another 2500 points.
On spending in excess of 50000 in a given year you get 10000 reward points.
On spending above 800000 in a year you get 15000 reward points.
How is the reward point earnings structured
Earn 4 points on every 150 rupees in spend. Each reward point is worth 50 paise. You can redeem the points by booking your travel from the HDFC regalia site. Or you can choose options from the rewards catalogue. You also get to earn airmiles on both international and domestic flights.
Online shopping and offline spending are both considered for the reward points. In addition if you transact a lot on foreign currency like I do there’s 2% off on the markup. At least 850 restaurants give you 15% off. A total of 12 complimentary lounge accesses in a year.
Medical emergency cover worth rs 15 lakhs. And air accident cover worth 1 crore.
|First year membership fee||Rs.2,500 + taxes|
|Renewal membership fee||Rs.2,500 + taxes|
|Additional card fee||Nil|
For the second year onwards if you spend 3 lakhs or more in a given year the fee is waived off.
SBI Simply Click Credit Card
SBI simply credit card comes from the nation’s biggest and largest bank. One that has its presence all over India. In addition it integrates with several merchants both inside and out of India. No reason to not get this.
Shopping on online sites is encouraged with the Simply click credit card. Shop on sites like Foodpanda, Amazon, Bookmyshow and Lenskart to get 10 times the usual number of reward points you’d get otherwise.
That’s not all for all other spending offline or online you get 5 times the usual reward points.
What is the welcome pack
- As part of the welcome gift you get an Amazon voucher worth Rs 500.
- You also get a cleartrip voucher worth Rs 2000 if you spend 1 lakh plus online.
- Spend one lakh more and get another cleartrip voucher.
I would have loved if the vouchers weren’t limited to Cleartrip alone as not everyone is free to travel and in most cases the vouchers never get used. A more flexible payout in the form of a rewards catalogue or redemptions would have been better.
Do note that the 10x reward points are only available on partner brands that I listed above. For other spending you get 5x reward points. For fuel and utility 1 reward point per 100 rupees spent.
What is the annual fee?
THe SBI simply click card has an annual fee of 499 which can be waived off for this and consecutive years if your spend exceeds 1 lakh a year.
Standard chartered ultimate credit card
Standard chartered ultimate credit card is miles card that is used for travel. It has great offers for travel freaks. That said the card can also be used by anyone shopping online to stack up rewards and points.
One thing with this card is according to their site 1 reward point equals 1 rupees. And if you spend 150 Rs you get 5 reward points.
What are the benefits with the card?
You get a 5% cashback on duty free shops. You get 2% off on foreign currency markups. For lifestyle oriented user, 1 complimentary golf game a month, also premier lounge access and 25% discount on partner restaurants.
For over 850 restaurants there’s 15% off. There are airlines options too with rs 1000 off on Spicejet.
What is the annual fee?
The annual fee is set high at Rs 5000. To make it sound better, you also get 5000 points on renewal.
ICICI Amazon Pay Credit card
The Amazon pay credit card isn’t something you can apply for. You have to see the registration link on your amazon app and apply for it. To get the invite you must add your ICICI credit or debit card to the amazon account. You can always get one for free with the Platinum card.
Its an amazing deal for amazon shoppers and especially for Prime shoppers.
Get a 5% cashback when you shop on Amazon.
THere is no annual fee associated with the card.
Here are the details of the card
5% cash back as an Amazon Prime customers
3% cash back for non-prime customers
The minimum transaction cap is 3000 and there’s no limit on cashback you’re set to earn.
When you use Amazon pay as a preferred payment method you get 2% more cash back.
SBI Simply Save
With the simply save credit card there are multiple options for saving. You get 10 reward points for rs 100 spent on dining, movies, on supermarket shopping and grocery.
You get reward points that are worth 25 paise each.
If you spend on fuel between Rs 500 to Rs 3000 you get a 1% fuel surcharge off.
AMex gold credit card
With the Gold card if you carry out 6 transactions in a month you get 1000 bonus reward points.
Bonus points earned= 1000 + Regular reward point = 120 (6000/50*1)= Total 1120 reward points.
There are also milestone rewards on reaching 18000 reward points and 24000 reward points. All in all you get vouchers worth 11000.
For the first year the fee is Rs 1000 and you get 4000 membership points as welcome bonus. Along with it for the consecutive years the fee is Rs 4500 with 5000 rewards points.
You get a reward point based on every 50 rupees you spend.
Each point is worth 50 paise. The redemption is through the 18karat and 24 karat collection which are the names of its rewards catalogue.