8 Best Credit Cards For Online Shopping in India

8 Best Credit Cards For Online Shopping in India

Hello Shopaholics, we know that online shopping offers comfort and exclusive discounts, how about we help you enhance your shopping experience and get a little more out of your shopping. Go through our list of 8 Best Credit Cards for online shopping to find out how you can save a little more.

If a person is a shopping enthusiast, then he/she would definitely not leave cashback or rewards, he/she may get for the money spent on shopping. What can be better than that one can purchase without stepping out of home or roaming around? It’s only possible because of the presence of e-commerce in India.

As everyone knows, the common mode of payment through which we all pay while shopping online today is credit cards & debit cards. But have you ever thought that they could reduce your spending too? Or they can give many benefits in return? Yes, it’s right. Now even banks have understood that people get attracted towards discounts and towards the cheaper ones. They are offering reward points, cash backs, gift vouchers, etc. to attract potential customers towards their special credit cards.

Many banks have now partnered with different online websites like Flipkart, Snapdeal, Amazon & other famous eCommerce portals or brands in India.

What makes online shopping in India popular?

  • Online shopping obviously provides many more choices or options to the customers to shop from in terms of brands.
  • Prices of one website can easily be compared to another, which saves a lot of time which may have to be spent in going from one shop to the other.
  • A person may find more discounts and cashback than he/she would get in retail outlets or offline shopping.
  • Customers for this type of shopping get easy accessibility from their mobiles and laptops sitting at home, which is the most preferred thing by people nowadays.
  • Customers get to see a lot of reviews from different people across the globe before buying their products.

8 Best Credit Cards For Online Shopping in India

Here are the 8 best credit cards with comparison on a similar basis that one can use & are apt for shopping.

1.SBI Simply Click

SBI SimplyClick Credit Card

This card is specially designed by the bank to help its customers with online shopping. They have partnered with some of the top brands to provide services like with Amazon India, Bookmyshow, Lens kart, Fabfurnish& many more like these offering some good rewards & the most preferred, i.e., cashback.

Characteristics-

  • Joining fee for this card is Rs. 499.
  • Its annual fee is Rs. 499.
  • A bonus offer on this credit card is a Welcome gift of Rs.500 from Amazon.
  • Rewards- 5 times rewards are there for online purchases.
  • APR Rate- 40.20%.

Eligibility

  • You need to provide identity proof, address proof & income proof.
  • Eligibility is based on the income of the applicant and on what type of employment does he have.
  • He/she must be more than 21 years and less than 70 years old
  • He/she must be a Resident Indian
  • He/she should have a good credit score and should not have any recent delinquencies

Benefits

  • You can make up to 10 times reward while purchasing online on collaborated brands.
  • An e-voucher which is worth Rs.2000 is given to the cardholders who spend Rs. 1 lakh in a year.
  • Also, on the spending of 1 lakh annually, the annual fee would be reversed.
  • You get a gift voucher from Amazon worth Rs.500 as a welcome gift.

Fees and Charges:

Fee/Charge Amount
Annual Fee Rs. 499
Renewal Fee Rs. 499 (reversed if annual spends for last year equals to or exceeds Rs. 1,00,000)
Add-on Fee (per annum) Nil
Extended Credit Interest-Free Credit Period 20-50 days, applicable only on retail purchases and if previous month’s outstanding balance is paid in full
Extended Credit Charges Up to 3.35% per month, accounting to 40.2% per annum, from the date of transaction
Extended Credit Minimum Amount Due 5% of Total Outstanding (Min. Rs. 200 + all applicable taxes + EMI (In case of EMI based product) + OVL amount (if any)
Cash Advance limit Up to 80% of the credit limit, maximum Rs. 12,000 per day
Free Credit Period Nil
Cash Advance Charges Up to 3.35% per month accounting to 40.2% per annum from the date of withdrawal
Cash Advance Fee (SBI or Other Domestic ATMs) 2.5% of withdrawal or Rs. 300 per transaction, whichever is higher
Cash Advance fee International ATMs 3.0% of withdrawal or Rs. 300 per transaction, whichever is higher
Overlimit Charges 2.5% of the over-limit amount subject to a minimum of Rs. 500
Late Payment Fee
  • Nil for the total amount due from Rs. 0 to Rs. 200
  • Rs. 100 for a total amount due to more than Rs. 200 up to Rs. 500
  • Rs. 400 for a total amount due to more than Rs. 500 up to Rs. 1,000
  • Rs. 600 for a total amount due to more than Rs. 1,000  up to  Rs. 10,000
  • Rs. 800 for a total amount due to more than Rs. 10,000 up to Rs. 25,000
  • Rs. 900 for a total amount due to more than Rs. 25,000
​ Drawbacks

  • A drawback of this card can be that the APR is on a bit of a higher side. Some other banks charge only 39% per annum.
Apply Now

Summary

This SBI Simply Click is a card to be considered for your online payments. This card becomes more attractive & helpful because of the vouchers that are offered along with the credit cards. Completing spending of Rs. 1 lakh isn’t difficult if you make all shopping with this credit card & then you can get an e-voucher worth Rs.2000 which is a great benefit again.

2.ICICI Coral American Express Credit Card

HPCL Coral American Express Credit Card - ICICI Bank

It is a good card to use for online shopping. Also, its annual fee is very low, which is again a positive point. This card comes with several shopping treats for the holders, along with numerous cash rewards. This special card is a part of the very special gemstone collection of the bank. It is also backed by ICICI’s exclusive lifestyle privileges that can help customers in different ways.

Features

  • Rewards- The cardholder gets 50% reward points when he spends some amount on online websites for shopping.
  • Its bonus offers include a welcome gift from Provogue worth Rs.999.
  • APR Rate- 40.80% annually, same as SBI.
  • Its joining fee is very low at just Rs.100 & the same is with an annual fee which is just Rs. 500.

Eligibility

  • The minimum age required is 23 & the add-on cardholder whosoever be should be 18 years of age minimum.
  • The second criterion is that salaried professionals who have above 45000 annually in their IT returns & business professionals who have 5.4 lakh for the same.

Advantages

  • Here the welcome gift that is being provided is from a more expensive brand, Provogue& it’s worth Rs.999
  • The bank, i.e., the ICICI bank, has a different type of benefit being provided under which 15% discount is offered on dining bills of a large number of restaurants in India.
  • It allows the cardholder to visit the domestic airport lounge free of cost, 2 times every 3 months.
  • 1 extra ticket is given free of cost on buying 1 ticket from the reputed, BookMyShow.

Fees and Charges:

Annual Fees NIL – First Year

From the Second Year – Rs 500 plus service tax

Joining Fees Rs 1250
Add-on Card – Annual Fees NIL
Overdue Interest on Extended Credit Monthly – 3.40%

Annually – 40.80%

Interest Rates – On Total Amount Due 1.25% to 3.50% per month
Interest Rate – Cash Advance Monthly – 3.40%

Annually – 40.80%

Transaction Fee – Dial-a-draft 3% of the draft amount or a minimum of Rs 300
Interest-Free Period 18 to 48 days
Transaction Fee – Cash Advance 2.5% of the advance amount or a minimum of Rs 300
Card Replacement Fee Rs 100
​ Drawbacks

  • The biggest drawback is the eligibility criteria which require a person to have a minimum income of 45000, which restricts the use of this card for many.
  • The APR rate is again high in this case.
Apply Now

Summary

This card comes with an expensive welcome gift from Provogue that may attract many customers. The cardholder can make payback points from all the purchases he does online making payment through this card. Later can be redeemed for gifts obviously.

3.Snapdeal HDFC Card

Snapdeal HDFC Bank Credit Card

A well-known bank in the market i.e., HDFC has now collaborated with Snapdeal and comes with a lot of deals & discounts along with it. The cardholder can avail reward points, cashback & other exciting offers that this credit card makes available.

Features

  • The customer gets 2 reward points on every Rs. 150 spent.
  • APR rate is the same as that of the above cards at 40.80% annually.
  • Joining fee here again is Rs.500 & the annual fee is Rs.500.
  • An interest-free credit period that it offers is 50 days i.e.; one doesn’t have to pay interest for 50 days after taking credit.
  • Fuel surcharge waiver up to Rs.250 per statement cycle can be availed against this credit card at any petrol pump in India.

Eligibility

  • The people looking to apply for this card must be between the ages of 21-60 years.
  • There is also a need to furnish identity, address & income proof.

Benefits

  • The cardholder will get a 5% discount immediately on spending some amount on Snapdeal.
  • 2 easy reward points are awarded if Rs.150 is spent.
  • Points that are accumulated can be redeemed to get vouchers from Snapdeal.
  • 10 reward points are credited on Rs. 150 spent on the snapdeal website.

Fees and Charges:

Category Amount
Joining Fee Rs. 500
Annual Fee Rs. 500
Add-on Card Fee Nil
Minimum Repayment Amount 5% of the amount/Min. Rs. 200
Interest Rate 3.49% p.m./41.88% p.a.
Cash Withdrawal Fee 2.5% of the amount/Rs. 500
Late Payment Fee For Statement Balance
Less Than Rs. 100 – Nil
Rs. 100 to Rs. 500 – Rs. 100
Rs. 501 to Rs. 5,000 – Rs. 500
Rs. 5,001 to  Rs. 10,000 – Rs. 600
Rs. 10,001 to Rs. 25,000 – Rs. 800
Rs. 25,000 and above – Rs. 950
Payment Return Charges 2% of the amount/Min. Rs. 450
Over-limit Charges 2.5% of the amount/Min. Rs. 500
Cash Processing Fee Rs. 100
Reward Redemption Fee Rs. 99
Foreign Currency Transaction Fee 3.5% of the amount
Drawbacks

  • The main disadvantage is that unless you make all purchases from the Snapdeal website, you may not benefit as the card offers exclusive benefits from the snap deal website.

Summary

This card gives more benefits while shopping from Snapdeal, but one doesn’t have to worry. He can earn rewards by shopping from other known brands online easily. All points accumulated from different shopping sites can be redeemed for snap deal vouchers.

4.First Citizen Citibank Titanium Credit Card

This card offers the customers with merchandise discounts. Shopping from both retail outlets & online websites can prove to be advantageous in this case if done using this card.

Features

  • Redemption of points for gift vouchers is possible.
  • APR rate is 3.5% per month here.
  • The annual fee is Rs.500 & Joining fee is also Rs.500.
  • Cash withdrawal- Depending on the card limit.
  • The interest-free credit period for this card is 17-23 days.

Eligibility

  • The applicant of the card should be resident Indian in particular & must be 18 years of age.
  • Again, here also income, identity & address proofs are to be shown.

Benefits

  • 2 gift vouchers are provided worth Rs. 250 each when a new person joins or buys the card.
  • Shopper Stops’ website gives another welcome gift of Rs.500.
  • For every Rs.100 spent on Shopper stop, 7 reward points are credited.
  • If you make a purchase of Rs. 2000 & above from Shopper Stop, you will get a discount of 15%.
  • No annual fee is to be paid for this card is the spend for the year is more than Rs.30000.

Fees and Charges:

Annual Fee Rs 0 for spends of Rs.30,000 / Rs.500 for spends lesser than Rs.30,000
Interest Rate 3.25% per month
Cash Advance Fees 2% of the amount withdrawn at ATMs in India/ US$7.5 at ATMs worldwide.
Late Payment Charges Ranges from Rs 300 to 700, depending on the outstanding balance.
Supplementary Card Fee Nil
Emergency Card Replacement Available
Drawbacks

  • CITI Bank has a tie-up with Shopper Stop; hence, they offer most of the benefits through Shopper Stop. So, if you are regular at this website or store, then you can benefit regularly.
Apply Now

Summary

People who love shopping & are regular at it will never get disappointed with this card. You get numerous welcome gifts, vouchers, redeemable points, etc. from shoppers stop. You can also get your annual charges waived off by spending just Rs.30000 within a year.

5.Indian Oil Platinum Citi Credit Card

Indian Oil Platinum Citi Credit Card

This CITI Bank card gives you benefits in some different fields too. These include shopping, travel & even fuel transactions get cheaper while paying through this card. So, the people who love to travel & shop, what are you waiting for? This is the best choice for you.

Features

  • Rewards offered- 4 special Turbo points for every Rs.150 Spent online
  • APR rary.
  • Users can get up to 71 litres of free fuel annually. This can be done through redeeming turbo points and saving on fuel surcharge.
  • Cardholders can get up to 15% discount at partner restaurants.
  • If users are able to spend Rs. 30,000 on this credit card then they don’t have to pay the annual fee.

Eligibility:

  • He/She must be an Indian national.
  • Customers must be over 21 years of age at the time of application.
  • He/she must have a steady source of income.

Fees and Charges:

Particulars Amount
Annual Fee Rs. 1,000
Cheque/ECS/ACH bounce charge Rs. 500 per returned instrument
Extended Credit Charges 3.25% per month /39% p.a.
Outstation Cheque Charge (based on the value of the cheque) Up to Rs. 10,000 – Rs. 50 per chequeRs. 10,001 to Rs. 1,00,000 – Rs. 100 per cheque

Above Rs. 1,00,001 – Rs. 150 per cheque

Reissue of lost, stolen or damaged card Rs. 100
Cash Advance Charges 2.5% of the amount/Min. Rs. 500. $7.5 at International ATMs
Railway ticket booking surcharge 1.8% of the transaction value
Fuel transaction charge 1% of the transaction amount, subject to a minimum of Rs. 10. Waived at Indian Oil Corporation outlets for transactions on Citi EDCs (electronic data capture terminals).
Overlimit Charges 2.5% of the amount (excluding fees, charges and taxes) over the credit limit, subject to a minimum of Rs. 500.
Late Payment Fee
  • Rs. 300 for current balance less than Rs. 10,001
  • Rs. 600 for current balance* of Rs. 10,001 and up to Rs. 25,000
  • Rs. 950 for current balance above Rs. 25,000
Apply Now

Summary

This credit card has surprising offers for online payments at websites like Flipkart and more. The cardholder has many other benefits too & especially at the Indian Oil petrol pump, which can be a great benefit. These points that get accumulated with the cardholder can be redeemed for gift vouchers or for getting discounts while shopping online.

Also Read: 10 Best Credit Cards For Movie Lovers In India

6.HDFC Money-Back Credit Card

HDFC Money Back Credit Card

HDFC has designed some new cards, especially targeting the people who are the daily shoppers & offers good benefits through this card. The annual charge is Rs.500 as it is for most cards, but the benefits here exceed this charge.

Features

  • Rewards- 4 Points are given for every Rs. 150 spent by shopping online.
  • Bonus offer here is that on redemption pf 100 points you can get Rs.40 which is a good deal.
  • APR rate is again high, in this case, being 40.8% per annum.
  • Joining fee & annual fee both are Rs. 500.
  • The interest-free credit period offered in this card is 20-50 days.
  • Fuel surcharge waiver of 1% on transactions above Rs. 400. The upper limit for the fuel surcharge waiver is set at Rs. 250 (plus applicable service tax) for every billing cycle.
  • Immediately report the loss of card to the bank. They can do this with ease by calling on the 24-hour helpline.

Eligibility

  • The applicant should have a good credit history.
  • Salaried Employees – The minimum and maximum age for salaried individuals are 21 years and 60 years respectively.
  • Self-Employed Individuals – The minimum and maximum age for self-employed people are 21 years and 66 years respectively.
  • The applicant should have a regular source of income with a minimum monthly take-home of Rs. 13,000 per month.
  • Both Resident Indians and NRIs can apply for HDFC Bank MoneyBack credit card.

Benefits

  • 5% fuel surcharge is waived off on all payments for fuel.
  • On receiving the credit card, spend Rs.1000 within 45 days & get Rs. 250 as cashback.
  • 100 points redemption gives you Rs.40.

Fees and Charges:

Type of Fee/Charge Amount
Annual Fee/Renewal Fee Rs. 500 + GST
Cash Advance Charges 2.5% of the amount withdrawn or Rs. 500 whichever is higher
Add-on Card Fee Nil
Over limit Charges 2.5% of the over-limit amount, subject to a minimum of Rs. 500
Railway Ticket Purchase Fee 1.8% of the transaction amount + GST
Reissue of Lost, Stolen or Damaged Card Rs. 100
Payment Return Charges 2% of Payment amount subject to a minimum of Rs. 450
Cash Processing Fee Rs. 100 (for all card payments made by depositing in HDFC Bank branches or ATMs)
Balance Transfer Processing Charges 1% of BT amount or Rs. 250, whichever is higher
Late Payment Charges For Statement Balance:

  • Less than Rs. 100 – Nil
  • Rs. 100 to Rs. 500 – Rs. 100
  • Rs. 501 to Rs. 5,000 – Rs. 500
  • Rs. 5,001 to Rs. 10,000 – Rs. 600
  • Rs. 10,001 to Rs. 25,000 – Rs. 800
  • Rs. 25,001 and above – Rs. 950
Drawbacks

  • The cardholder gets only 4 points for every Rs.150 spent online as against 10 points rewarded by the snap deal HDFC Credit card.
  • The APR is also high, being 40.8% annually.
Apply Now

Summary

This HDFC Credit card also provides various privileges to the cardholder. It’s Joining & annual fee is reasonable, which can be paid off by everyone easily. Points get accumulated while spending for shopping and later these points can be redeemed for getting cashback.

7.Axis Bank Neo Credit Card

Axis Bank Neo Credit Card

Axis bank is offering different deals to the people who love to spend a lot on themselves. There are a lot of cash back benefits, welcome offers & different entertainment benefits that customers can get through different spending.

Features

  • Rewards- 2 points given on every Rs.200.
  • On spending Rs.500 on Myntra, you get 10% off.
  • APR rate is very high at 46.78%.
  • But, Joining and annual fee are the lowest of the lot both being Rs.250.
  • The interest-free credit period for this card is 20-40 days. So, you can relax for this period.

Eligibility

  • Good credit history is required.
  • Must be between 18-70 years of age.
  • Add-on cardholders should be over 15 years of age.
  • An individual should be a resident of India or Non-Resident Indian.

Benefits

  • You get 10% off on purchase of Rs.500 on Myntra.
  • Welcome gift of Rs.500 from Myntra and a movie voucher is also given worth Rs.250.
  • 10% direct discount at jabong.com up to maximum Rs.1000 in a month.
  • 10% off is offered on Redbus.in for booking bus tickets.
  • The joining fee which is already low is also waived off on spending Rs.2500 within 45 days of receiving the card.
  • The feature of ‘Zero Card Liability’ is helpful in case when the card gets lost or stolen provided the cardholder reports it at the moment when it’s lost.

Fees and Charges:

Type of Fee or Charge Amount
Annual/Renewal Fee Rs.250
Cash Advance Fees 2.5%, Min. Rs.250
Late Payment Charges For Statement Balance
Less Than Rs.100 – Nil
Rs.101 to Rs.300 – Rs.100
Rs.301 to Rs.1000 – Rs.300
Rs.1001 to  Rs.5000 – Rs.500
Rs.5001 to  Rs.20000 – Rs.600
Rs.20001 and above – Rs.700
Additional Card Fee Nil
Charges on Revolving Credit 3.25% per month or 46.78% p.a.
Over limit Account Charge 3%, Min. Rs.500
Cash Payment Fee Rs.100
Railway Ticket Purchase/Cancellation Fee As defined by IRCTC
Reissue of Credit Card Nil
Foreign Currency Transaction 3.5%
Outstation Cheque Fee Nil
Balance Enquiry Charges Nil
GST As prescribed by the Government of India
​ Drawbacks

  • The APR is highest at 46.78% per annum.
  • You get just 2 points on spending an amount of Rs.200 which can be considered low when compared to other cards.
Apply Now

Summary

It has the lowest Joining & annual fee, which is easy to pay for everyone. This card also offers Rs.40 on redeeming 100 points. So, earn while spending and redeem the points to earn again!

8.HDFC Solitaire Credit Card

HDFC Solitaire Credit Card

HDFC comes up with its exclusively made card for women as the name itself suggests. Though mostly all the women like to shop, this card is special for the shopaholics. This card can be advantageous if due amounts are paid on time regularly.

Characteristics

  • Rewards offered are that 3 points are given for every Rs.150 spent on shopping.
  • If a woman can spend Rs.75000 in 6 months, then she can get an Rs.2000 voucher from shopper stop.
  • APR rate is 39% annually.
  • Joining & annual fees are Rs.500.
  • The interest-free credit period here is 20-50 days.

Eligibility

  • The applicant of this card must be between 21-60 years of age.
  • Furnishing of proper documents is a must.
  • Salaried employees must be below 60 years of age whereas self-employed people should be below 65 years of age.

Benefits

  • One can make up to 3 points for every Rs.150 spent through this credit card.
  • Redemption of points to get cashback is available.
  • A lady can get up to 50% reward points on dining & grocery spends.
  • Fuel surcharge waiver worth Rs.250 is available per billing cycle.
  • Accidental Death coverage up to Rs. 50.00 lakh and Fire and Burglary Protection of goods over Rs. 5,000 for 180 days.

Fees and Charges:

Type of Fee or Charge Amount
Annual/Renewal Fee Rs. 500
Cash Advance Fees 2.5% of the amount/Min. Rs. 500
Late Payment Charges For Statement Balance
Less Than Rs. 100 – Nil
Rs. 100 to Rs. 500 – Rs. 100
Rs. 501 to Rs. 5000 – Rs. 500
Rs. 5000 to  Rs. 10000 – Rs. 600
Rs. 10001 to Rs. 25,000 – Rs. 800
Amount over Rs. 25,000 – Rs. 950
Additional Card Fee Nil
Charges on Revolving Credit 3.49% per month or 41.88% p.a.
Over limit Account Charge 2.5% of amount/ Min. Rs. 500
Payment Return Fee 2% of the amount/ Min. Rs. 450
Cash Processing Fee Rs. 100
Reward Redemption Fee Rs. 99 per request
Balance Transfer Processing Charge 1% of BT amount / Min. Rs. 250
Reissue of Credit Card Rs. 100
Foreign Currency Mark-up Fee 3.50% of the amount
​ Drawbacks

  • A good feature that can be considered a drawback too is that it is only for women even when it is a shopping card only.
  • The reward points are also low.
Apply Now

Summary

This card is meant only for women who shop and shop and just shop! But, the vouchers and the discounts that it offers are great. This card also provides the women with the option of redeeming points to get cashback. On spending of Rs.75000, the Rs.2000 worth voucher is provided by Shopper Stop.

Also Read: 10 Best HDFC Credit Cards to Apply for in 2020

It can be observed from the comparison above that credit cards provide us with a variety of benefits which we can avail. Shopping online has become a trend nowadays.  Different banks target different customers through their offers. So, a person has a wide range of choices to choose among the 8 best credit cards for online shopping in India.

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