Festive season special: Credit cards for best cashbacks and rewards

Published by: Vivek Dubey

Festive Shopping Spree: Festive season brings shopping spree in India, boosted by credit card rewards from HDFC, SBI, ICICI, and others.

Let's look at some of the credit cards that can elevate the festive season shopping experience:

Cashback SBI card

The Cashback SBI Card offers unlimited cashback on transactions. With 5% cashback on all online spends and 1% cashback on other expenses, it ensures substantial savings for cardholders.

Annual Fee: ₹999

Although it excels in online spending, it doesn't offer significant benefits on utility payments and fuel transactions.

Renewal Fee: ₹999 (Waived if one spends ₹2 lakh in a year)

Who should use it?

This can be a choice for customers who frequently make online purchases that are not limited to select brands.

SimplyCLICK SBI card

The SimplyCLICK SBI Card offers a range of rewards, including an Amazon.in gift card worth ₹500 upon joining, 5x rewards on online spends, and 10x rewards at exclusive partners like Amazon, Zoomcar, and Lenskart.

What makes this card particularly attractive is its e-vouchers worth ₹2,000 on reaching annual spending milestones. Additionally, the annual fee of ₹499 can be reversed by spending ₹1 lakh in a year.

Who should use it?

Those looking for simple eligibility and low annual fee can go for this.

HDFC MoneyBack+ credit card

The HDFC MoneyBack+ Credit Card offers up to 10x reward points on select brands such as Amazon, Flipkart, Swiggy, and more. This card also offers 5x reward points on EMI spends at select merchants.

Who should use it?

It's best suited for online shoppers who want to make the most of their spending.

Amazon Pay ICICI credit card

The Amazon Pay ICICI Credit Card lets Prime members enjoy 2% higher cashback on Amazon purchases. It offers 2% cashback on Amazon purchases and 1% cashback on all other transactions.

The card's lifetime free status and a wide range of partner merchants make it one of the best online shopping credit cards in India.

Who should use it?

It's particularly advantageous for those who regularly shop on Amazon and want to maximise their savings.

HDFC Millennia credit card

The HDFC Millennia Credit Card offers up to 5% cashback for online transactions and 1% cashback on offline spends. However, it comes with an annual fee of ₹ 1,000.

Who should use it?

Great for online shoppers with rewards on Amazon, Flipkart, etc. But, minimum transaction limits could be a drawback for some.

Axis Bank ACE credit card

The Axis Bank ACE Credit Card offers a high cashback of 2% on all transactions and up to 5% cashback on bill payments, DTH, and mobile recharges via Google Pay.

Who should use it?

This card is ideal for those looking for straightforward benefits and high cashback rates.