Best Credit Card for Online Shopping: Top Picks For Maximum Rewards And Savings-2024

Best Credit Card for Online Shopping: The way we purchase items has been completely transformed by online shopping, which provides us with ease and an enormous selection of options. However, having the appropriate credit card is crucial if you want to really maximize your online buying experience.?

The ideal card may give you cashback, substantial rewards, and other advantages in addition to security and fraud protection. We'll examine the top 10 credit cards for online shopping in this blog to assist you in choosing wisely and maximizing your benefits.

10 Best Credit Card for Online Shopping?

1. Amazon Pay ICICI Bank Credit Card

2. Flipkart Axis Bank Credit Card

3. HDFC Bank Millennia Credit Card

4. SBI SimplyCLICK Credit Card

5. American Express Membership Rewards Credit Card

6. Citi Cashback Credit Card

7. Standard Chartered DigiSmart Credit Card

8. Axis Bank Neo Credit Card

9. ICICI Bank Coral Credit Card

10. YES FIRST Preferred Credit Card

Exploring The Best 10 Credit Card for Online Shopping?In Details:

1. Amazon Pay ICICI Bank Credit Card

The Amazon Pay ICICI Bank Credit Card is designed for avid online shoppers, especially those who frequently purchase from Amazon. Prime members can enjoy 5% cashback on all Amazon purchases, while non-Prime members get 3%. Additionally, cardholders receive 2% cashback on over 100 Amazon Pay partner merchants and 1% on all other purchases. The card also offers cashback that is credited directly to the Amazon Pay balance without any redemption process, making it highly convenient.

• Joining Fee: None
• Renewal Fee: None
• Best Suited For: Amazon shoppers, general online shopping
• Welcome Benefits: None

2. Flipkart Axis Bank Credit Card

The Flipkart Axis Bank Credit Card is an excellent option for regular shoppers of Flipkart and Myntra. It offers 5% cashback on Flipkart and Myntra, 4% cashback on preferred merchants like Swiggy, Uber, and PVR, and 1.5% cashback on all other spends. This card is ideal for those who want significant savings on their frequent purchases from Flipkart and associated brands, along with additional benefits on other popular services.

• Joining Fee: ?500
• Renewal Fee: ?500 (waived on spends of ?2 lakh annually)
• Best Suited For: Flipkart and Myntra shoppers, general online shopping
• Welcome Benefits: ?500 Flipkart voucher

3. HDFC Bank Millennia Credit Card

The HDFC Bank Millennia Credit Card offers substantial cashback for millennials who shop online frequently. Cardholders get 5% cashback on major e-commerce platforms like Flipkart and Amazon, 2.5% on other online spending, and 1% on offline spending. The card is also equipped with smart EMI options, making big purchases more manageable. With added benefits like lounge access and fuel surcharge waivers, it’s a comprehensive option for tech-savvy shoppers.

• Joining Fee: ?1,000
• Renewal Fee: ?1,000 (waived on spending ?1 lakh annually)
• Best Suited For: Online shoppers, frequent travellers
• Welcome Benefits: 1,000 reward points on first transaction within 30 days

4. SBI SimplyCLICK Credit Card

The SBI SimplyCLICK Credit Card is tailored for the modern online shopper. It offers 10X reward points on online spending with exclusive partners like Amazon, BookMyShow, Cleartrip, Lenskart, and more. For other online spending, users earn 5X reward points. Additionally, this card provides an e-voucher worth ?2,000 from Cleartrip on annual online spends of ?1 lakh, making it a highly rewarding option for frequent online shoppers.

• Joining Fee: ?499
• Renewal Fee: ?499 (waived on spending ?1 lakh annually)
• Best Suited For: Online shoppers, frequent travellers
• Welcome Benefits: ?500 Amazon gift voucher

5. American Express Membership Rewards Credit Card

The American Express Membership Rewards Credit Card is known for its generous reward points system. Cardholders earn membership rewards points on every spend, which can be redeemed for various options like gift vouchers, statement credit, or travel bookings. The card also offers exclusive deals and discounts through the Amex network. It’s particularly suited for individuals who appreciate premium services and benefits, along with the flexibility of redeeming points.

• Joining Fee: ?1,000
• Renewal Fee: ?4,500
• Best Suited For: Premium shoppers, frequent travellers
• Welcome Benefits: 4,000 membership reward points on spending ?5,000 within 90 days

6. Citi Cashback Credit Card

The Citi Cashback Credit Card offers straightforward cashback benefits, making it a great option for everyday expenses. Cardholders earn 5% cashback on movie ticket purchases, utility bill payments, and telephone bill payments. All other spending earns 0.5% cashback. This card is ideal for those who want to save on regular expenses without worrying about complicated rewards programs.

• Joining Fee: ?500
• Renewal Fee: ?500
• Best Suited For: Everyday expenses, utility payments
• Welcome Benefits: None

7. Standard Chartered DigiSmart Credit Card

The Standard Chartered DigiSmart Credit Card offers a variety of discounts and cashback options, making it ideal for diverse online shopping needs. Cardholders enjoy 20% off on Myntra, 10% off on Grofers, 10% cashback on Zomato, and 20% off on domestic flights and hotels booked through Yatra. The monthly fee is nominal and can be waived based on spending, making it a cost-effective choice for regular online shoppers.

• Joining Fee: ?49 per month
• Renewal Fee: ?49 per month (waived on spending ?5,000 in the previous month)
• Best Suited For: Online shopping, food delivery, travel bookings
• Welcome Benefits: None

8. Axis Bank Neo Credit Card

The Axis Bank Neo Credit Card provides a range of benefits for online shopping and entertainment. Cardholders receive 10% off on movie tickets booked via BookMyShow, 10% off on Zomato orders, and 15% off on Myntra. Additionally, there are discounts available on other popular online platforms, making it a versatile card for those who enjoy shopping, dining out, and entertainment.

• Joining Fee: ?250
• Renewal Fee: ?250
• Best Suited For: Online shopping, moviegoers, food delivery
• Welcome Benefits: ?200 BookMyShow voucher

9. ICICI Bank Coral Credit Card

The ICICI Bank Coral Credit Card offers a balanced mix of rewards and benefits for online shoppers and general users. It provides 2X rewards on online spending and discounts on dining through the Culinary Treats Program. The card also grants access to airport lounges and offers Payback points on all spending, making it suitable for frequent travellers and those who enjoy dining out.

• Joining Fee: ?500
• Renewal Fee: ?500 (waived on spending ?1.5 lakh annually)
• Best Suited For: Online shopping, dining, frequent travelers
• Welcome Benefits: 2,000 Payback points on paying the joining fee

10. YES FIRST Preferred Credit Card

The YES FIRST Preferred Credit Card is ideal for premium customers who want extensive rewards and benefits. It offers 8 reward points for every ?200 spent online, along with access to airport lounges and golf benefits. The card also provides comprehensive insurance coverage and lifestyle privileges, making it perfect for high-spending individuals who value luxury and convenience.

• Joining Fee: ?2,500
• Renewal Fee: ?2,500 (waived on spending ?3.6 lakh annually)
• Best Suited For: High spenders, luxury lifestyle, frequent travellers
• Welcome Benefits: 10,000 reward points on first transaction within 90 days

Credit Cards for Online Shopping Features and Benefits??

1. Cashback Rewards: Many credit cards offer cashback rewards on online purchases, providing a percentage of the transaction amount back to the cardholder. This feature allows users to earn money back on their online shopping expenses, effectively reducing the overall cost of their purchases.

2. Reward Points: Credit cards often provide reward points for every rupee spent on online shopping. These points can be accumulated and redeemed for various rewards, including gift vouchers, merchandise, travel bookings, statement credits, and more. This feature allows users to maximize their spending by earning valuable rewards for their purchases.

3. Exclusive Discounts: Some credit cards offer exclusive discounts and offers for online shopping at specific partner merchants or categories. These discounts may include flat discounts, percentage-based discounts, or special promotional offers, allowing cardholders to save money on their online purchases.

4. Zero Liability Protection: Many credit cards come with zero liability protection, which means cardholders are not held responsible for unauthorized transactions made on their cards. This feature provides peace of mind and financial security, especially when shopping online, where the risk of fraud and identity theft may be higher.

5. Additional Benefits: In addition to rewards and discounts, credit cards for online shopping may offer various additional benefits, such as purchase protection, extended warranty coverage, travel insurance, airport lounge access, and concierge services. These perks enhance the overall value proposition of the card and provide additional convenience and protection to the cardholder.

Credit Cards for Online Shopping Rewards and Cashback?

1. Amazon Pay ICICI Bank Credit Card

• Rewards: Earn 5% cashback on Amazon for Prime members, 3% for non-Prime members, and 2% cashback on 100+ Amazon Pay partner merchants.
• Cashback: Cashback is credited directly to the Amazon Pay balance, eliminating the need for redemption hassles.

2. Flipkart Axis Bank Credit Card

• Rewards: Get 5% cashback on Flipkart and Myntra purchases, 4% on preferred merchants, and 1.5% on other spends.
• Cashback: Cashback earned is directly credited to the cardholder's account statement.

3. HDFC Bank Millennia Credit Card

• Rewards: Enjoy 5% cashback on Flipkart, Amazon, and other major e-commerce platforms, 2.5% on other online spending, and 1% on offline spending.
• Cashback: Cashback is automatically credited to the cardholder's account statement.

4. SBI SimplyCLICK Credit Card

• Rewards: Earn 10X reward points on online spending with exclusive partners like Amazon, BookMyShow, Cleartrip, etc., and 5X rewards on other online spending.
• Cashback: Reward points can be redeemed for gift vouchers, statement credits, or to pay for travel and shopping.

5. American Express Membership Rewards Credit Card

• Rewards: Earn Membership Rewards points on every spend, which can be redeemed for gift vouchers, statement credits, or to pay for travel and shopping.
• Cashback: Membership Rewards points can be redeemed for a variety of options, including statement credits.

6. Citi Cashback Credit Card

• Rewards: Get 5% cashback on movie ticket purchases, utility bill payments, and telephone bill payments, and 0.5% cashback on all other spends.
• Cashback: Cashback earned is automatically adjusted against the cardholder's outstanding balance.

7. Standard Chartered DigiSmart Credit Card

• Rewards: Enjoy discounts and cashback on various online platforms, including 20% off on Myntra, 10% off on Grofers, and 10% cashback on Zomato.
• Cashback: Cashback is automatically credited to the cardholder's account statement.

8. Axis Bank Neo Credit Card

• Rewards: Receive 10% off on movie tickets booked via BookMyShow, 10% off on Zomato orders, and 15% off on Myntra.
• Cashback: Discounts are applied directly to the transaction amount.

9. ICICI Bank Coral Credit Card

• Rewards: Earn 2X rewards on online spending and discounts on dining through the Culinary Treats Program.
• Cashback: Reward points can be redeemed for a variety of options, including gift vouchers and merchandise.

10. YES FIRST Preferred Credit Card

• Rewards: Get 8 reward points for every ?200 spent online, access to airport lounges, and golf benefits.
• Cashback: Reward points can be redeemed for various options, including travel bookings and lifestyle privileges.

How To Earn and Redeem Credit Card Reward Points When Online Shopping?

Here's a brief guide on how to earn and redeem credit card reward points when online shopping:

Earning Reward Points:

1. Use your credit card for online purchases.

2. Look for cards with bonus rewards for online spending.

3. Take advantage of promotional offers and bonus point opportunities.

4. Use your credit card for all types of online transactions, including shopping, bill payments, and subscriptions.

5. Check for partner merchants offering additional reward points for using specific credit cards.

Redeeming Reward Points:

1. Log in to your credit card account.

2. Navigate to the rewards redemption section.

3. Choose your preferred redemption option, such as gift vouchers, statement credits, or merchandise.

4. Select the number of reward points you want to redeem.

5. Confirm the redemption and enjoy the benefits of your redeemed points.

By following these simple steps, you can maximize the rewards earned from your credit card and enjoy various benefits while shopping online.

Credit Card for Online Shopping Eligibility Criteria

To be eligible for a credit card tailored for online shopping, applicants typically need to meet certain criteria. This includes being a citizen or resident of India, aged between 18 and 65 years, with a good credit score. The eligibility criteria for a credit card tailored for online shopping typically include:

1. Minimum age requirement (usually 18 to 21 years)

2. Proof of income (salaried or self-employed)

3. Good credit score (usually 750 or above)

4. Residential status (citizen or resident of India)

5. KYC documents (such as Aadhar card, PAN card, address proof)

6. Employment details (for salaried individuals)

7. Business details (for self-employed individuals)

Documents Required?

To apply for a credit card optimized for online shopping, you typically need to provide the following documents:

1. Identity proof: Aadhar card, PAN card, passport, or driver's license.

2. Address proof: Aadhar card, utility bills, or rental agreement.

3. Income proof: Salary slips, bank statements, or income tax returns for salaried individuals, and business financial documents for self-employed individuals.

4. Passport-sized photographs.

5. KYC documents: Aadhar card, PAN card, or any other government-issued ID proof. Submitting these documents ensures compliance with regulatory requirements and helps the credit card issuer verify your identity and financial stability.

Credit Card Annual Fees and Charges for Online Shopping??

Here are the annual fees and charges, including renewal fee waiver criteria based on spending, for credit cards optimized for online shopping:

1. Amazon Pay ICICI Bank Credit Card:

• Annual Fee: None
• Renewal Fee: None
• Waiver Criteria: Not applicable

2. Flipkart Axis Bank Credit Card:

• Annual Fee: ?500
• Renewal Fee: ?500 (waived on spends of ?2 lakh annually)

3. HDFC Bank Millennia Credit Card:

• Annual Fee: ?1,000
• Renewal Fee: ?1,000 (waived on spending ?1 lakh annually)

4. SBI SimplyCLICK Credit Card:

• Annual Fee: ?499
• Renewal Fee: ?499 (waived on spending ?1 lakh annually)

5. American Express Membership Rewards Credit Card:

• Annual Fee: ?1,000 for the first year, ?4,500 for the second year
• Renewal Fee: ?4,500 (waived on spending ?1.5 lakh in the previous year)

6. Citi Cashback Credit Card:

• Annual Fee: ?500
• Renewal Fee: ?500
• Waiver Criteria: Not applicable

7. Standard Chartered DigiSmart Credit Card:

• Annual Fee: ?49 per month
• Renewal Fee: ?49 per month (waived on spending ?5,000 in the previous month)

8. Axis Bank Neo Credit Card:

• Annual Fee: ?250
• Renewal Fee: ?250
• Waiver Criteria: Not applicable

9. ICICI Bank Coral Credit Card:

• Annual Fee: ?500
• Renewal Fee: ?500 (waived on spending ?1.5 lakh annually)

10. YES FIRST Preferred Credit Card:

• Annual Fee: ?2,500
• Renewal Fee: ?2,500 (waived on spending ?3.6 lakh annually)

Other Fees & Charges

• Interest Rate: Applied on outstanding balances if the full amount is not paid by the due date.
• Late Payment Fees: Incurred if the minimum payment is not made by the due date.
• Cash Advance Fees: Charged when withdrawing cash using the credit card.
• Foreign Transaction Fees: Applied for transactions made in a foreign currency.
• Overlimit Fees: Charged if the cardholder exceeds the credit limit.
• GST: Goods and Services Tax applicable on various fees and charges.
• Card Replacement Fees: Charged for replacing a lost or stolen card.
• Statement Retrieval Fees: Applied for requesting duplicate statements.

How To Activate Credit Cards for Online Shopping?

To activate a credit card for online shopping, follow these steps:

Activation via Net Banking:

1. Log in to your bank's net banking portal.

2. Navigate to the credit card section.

3. Select the option to activate a new credit card.

4. Enter the required details, such as card number and CVV.

5. Set a PIN for your credit card if prompted.

6. Confirm the activation and follow any additional instructions provided.

Activation via Mobile App:

1. Open your bank's mobile banking app.

2. Go to the credit card section or card management.

3. Locate the option to activate a new card.

4. Enter the necessary card details, including the card number and CVV.

5. Set a PIN for your credit card if required.

6. Confirm the activation process and follow any further prompts.

Activation via Activation Page:

1. Visit the activation page provided by your bank.

2. Enter the required details, such as card number, CVV, and expiry date.

3. Input any additional information requested for verification.

4. Set a PIN for your credit card as directed.

5. Review the details and submit the activation request.

6. Check for confirmation of successful activation and start using your card for online shopping.

Credit Cards for Online Shopping Login/Net Banking

For credit cards tailored for online shopping, you can typically log in to your account or manage your card through the net banking portal provided by the issuing bank. Here's how to access your credit card account via net banking:

1. Visit Bank's Website: Go to the official website of the bank that issued your credit card.

2. Log in to Net Banking: Navigate to the net banking or online banking section of the website.

3. Enter Credentials: Enter your username and password to log in to your net banking account.

4. Locate Credit Card Section: Once logged in, find the section dedicated to credit cards or card management.

5. Access Credit Card Account: Click on the relevant option to access your credit card account.

6. View Transactions and Manage Card: From there, you can view your recent transactions, check your balance, pay your bills, and manage other aspects of your credit card.

7. Secure Logout: Remember to log out securely after you have finished accessing your credit card account.

How To Compare Credit Cards for Online Shopping & Choose The Best One??

When comparing credit cards for online shopping to choose the best one, consider several factors to ensure you select a card that aligns with your spending habits and preferences.?

Firstly, evaluate the rewards and benefits offered by each card, such as cashback, reward points, and discounts, focusing on those tailored for online purchases.?

Next, assess the annual fees, renewal fee waiver criteria, and other charges associated with each card to determine the overall cost-effectiveness.?

Additionally, examine any promotional offers, welcome bonuses, or introductory interest rates to maximize the initial benefits.?

Furthermore, review the additional perks and features, such as purchase protection, travel insurance, and concierge services, to enhance the overall value proposition.?

Finally, consider the reputation and reliability of the issuing bank, as well as customer reviews and ratings, to ensure a seamless and satisfactory experience.?

By carefully comparing these factors, you can make an informed decision and choose the best credit card for online shopping that suits your needs and preferences.

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Conclusion

Choosing the right credit card for online shopping can significantly enhance your shopping experience by providing security, convenience, and lucrative rewards. The ten credit cards highlighted in this article each offer unique benefits tailored to different shopping habits and preferences. By considering factors such as rewards programs, annual fees, and sign-up bonuses, you can select the card that best suits your needs and maximize your online shopping rewards.

FAQs

Q1: What should I look for in a credit card for online shopping?

A1: Look for a card with robust security features, good rewards or cashback on online purchases, low or no annual fees, and excellent customer service.

Q2: How can I avoid interest charges on my credit card?

A2: Pay your balance in full each month before the due date to avoid interest charges.

Q3: Are there any hidden fees with these credit cards?

A3: While the cards mentioned generally do not have hidden fees, always read the terms and conditions to be aware of any potential charges such as foreign transaction fees, late payment fees, or balance transfer fees.

Q4: Can I use these credit cards for in-store purchases as well?

A4: Yes, all the credit cards listed can be used for both online and in-store purchases.