Finding the perfect credit card for shopping during the festive season can be a challenge, but with the right focus, you can choose the one that best matches your spending habits. Here’s a quick guide to help you maximize savings and rewards:
1. Know How You Spend
- Identify your key spending areas—groceries, fuel, dining, or e-commerce.
- Example: If you frequently shop on Amazon or Flipkart, a co-branded card like Amazon Pay ICICI Credit Card offers higher cashback.
2. Compare Rewards
- Choose between cards offering cashback on purchases or those providing reward points.
- Example: SBI Simply Save Credit Card gives high reward points on dining, groceries, and other daily expenses.
3. Check Annual / Joining Fees
- Weigh the fees against the potential rewards to ensure the card provides value.
- Some cards offer fee waivers if you meet a minimum spend requirement.
4. Look for Partner Discounts
- Some cards partner with brands and e-commerce sites, offering special discounts or cashback.
- Example: RBL Bank BankBazaar Savemax Credit Card provides great shopping deals with partnered outlets.
5. Additional Perks
- Extras like lounge access, fuel surcharge waivers, or travel insurance can add value.
- Always check if the card offers perks that match your lifestyle.
Top 5 Credit Cards for Shopping & Rewards in 2024:
| Credit Card | Category |
|---|---|
| RBL Bank BankBazaar Savemax Credit Card | Shopping & Rewards |
| Federal Bank VISA Signet Credit Card | Shopping & Reward Points |
| SBI Simply Save Credit Card | Shopping & Rewards |
| Amazon ICICI Pay Credit Card | Shopping & Rewards |
| Yes Bank Finbooster Credit Card | Reward Points |
Pay your bills on time to avoid late fees and ensure you continue earning reward points. Choose a card that matches your shopping style to maximize savings this festive season!