Credit cards are incredibly powerful financial tools if you know how to use them effectively. Banks have made it relatively simple to apply for – and obtain a credit card. The prerequisites include a good credit score, a stable income, and being old enough to be financially responsible. Moreover, you can now apply for a credit card online within a few minutes and receive approval within a week. This process has been streamlined to encourage individuals to apply for cards.
At the same time, you must do your due diligence before applying for a credit card. These plastic cards come in different avatars and are designed to cater to specific groups. For example, fuel cards are catered to individuals who spend a significant amount on fuel every month. Similarly, shopping cards help those who frequently shop online or offline. Thus, you must ensure that your chosen card aligns with your spending behaviour.
Know More About Shopping Credit Cards
One of the more popular types of credit cards is shopping cards. These are mostly entry-level cards that help customers by providing rewards such as discounts, cashback, and reward points. Moreover, banks are now tying up with retailers and e-commerce platforms to offer co-branded cards, encouraging customers to visit select partner stores.
Shopping cards also allow you to convert big-ticket purchases into easy EMIs, thus making high-value products accessible to the average consumer. Furthermore, you can apply for these credit cards online by visiting the partner platform and completing the application process in just a few steps. Besides the easy application process, shopping cards also extend perks and privileges like complimentary airport lounge access, travel insurance, and fuel surcharge waivers.
Some of the Best Shopping Credit Cards Available
1. Flipkart Axis Bank Credit Card
If you often visit Flipkart for your shopping requirements, you can save on your purchases by obtaining a Flipkart Axis Bank credit card. This co-branded card offers several perks, and you can use it while shopping on Flipkart and its partner merchants.
Coming to its welcome benefits, with the Flipkart Axis Bank credit card, you can enjoy a welcome package that amounts to ₹1,100. The welcome benefits of this card include:
- Flipkart voucher worth ₹500 after completing your first transaction.
- Cashback of 15% up to ₹500 after completing your first transaction on Myntra.
- Discount of 50% up to ₹100 on your first Swiggy purchase by using the code ‘AXISFKNEW’.
Additionally, you get:
- 5% cashback on purchases made on Flipkart and Myntra.
- 4% cashback on purchases made on preferred merchant platforms, such as Uber, PVR, Tata Sky, and Curefit.
- 1.5% cashback on purchases made on all other merchant platforms.
Thus, the Flipkart Axis Bank credit card is one of the country’s most highly sought-after shopping credit cards.
2. Amazon Pay ICICI Bank Credit Card
Amazon is yet another popular e-commerce platform that has partnered with a bank to offer a co-branded card. With the Amazon Pay ICICI Bank credit card, you can enjoy cashback on purchases made on the platform. This is a lifetime-free card, and you won’t have to pay any joining or annual fees.
You can enjoy the following benefits once you apply for this card online.
- Cashback of 5% on all purchases made on Amazon for Amazon Prime customers.
- Cashback of 3% on all purchases made on Amazon for non-Amazon Prime customers.
- Cashback of 2% on purchases made on Amazon Pay partner merchant platforms.
- Cashback of 1% on all other spends.
3. Bajaj Finserv RBL Bank Shop Smart SuperCard
The Bajaj Finserv RBL Bank Shop Smart SuperCard extends the benefits of four cards in one. You can enjoy the following benefits by using this card.
- A welcome reward of ₹500 as a gift voucher on spending ₹3,000 within 30 days of card issuance.
- Cashback of 5% on grocery spending (up to ₹250 per month).
- Two complimentary domestic airport lounge accesses in a year.
- 1+1 movie tickets when you book the tickets on BookMyShow (up to ₹200).
4. Axis Bank Ace Credit Card
One of India’s best shopping credit cards is the Axis Bank Ace credit card, which offers a flat 2% cashback on all transactions. You can easily apply for this card online, as Axis Bank has streamlined the application process to make it extremely easy and convenient.
Here are some benefits you can enjoy by using this card.
- Cashback of 5% on DTH, mobile recharges, and bill payments through Google Pay.
- Cashback of 4% on purchases made on Swiggy, Zomato, and OLA.
- Cashback of 2% on all other purchases.
5. Cashback SBI Credit Card
Yet another excellent cashback credit card you can apply for is the Cashback SBI Card, which is an upgrade on the entry-level SBI SimplyCLICK credit card. Here are some of the perks and benefits you get by using this card.
- Cashback of 5% on all online purchases.
- Cashback of 1% on all offline purchases.
- 1% fuel surcharge waiver across all petrol pumps in the country.
Final Thoughts
Before you apply for a card, ensure that it aligns with your spending habits and is relevant to your requirements. If you primarily shop on Flipkart, for instance, you would gain more by applying for the Flipkart Axis Bank credit card. Once you do your research, you can apply for a card online and obtain it within a few weeks.
