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Best Shopping Credit Cards in India 2026

Cards that pay 5%–7.5% back on Amazon, Flipkart, Myntra, Tata Neu and other platforms — caps, exclusions and the real cost of card EMIs.

Updated 28 September 2026 · 107 cards from 17 issuers tracked
Cards in this category
16
researched with fees & rewards
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What you need to know

Shopping cards earn most on specific platforms: Amazon Pay ICICI pays 5% on Amazon for Prime members, Flipkart Axis pays 7.5% on Myntra and 5% on Flipkart, and Tata Neu Infinity HDFC pays 5% NeuCoins (up to 10% via the Neu app) on Tata brands. Outside those merchants they usually pay 1%–1.5%. Choosing well is mostly about which platform you already use, and whether its cap covers your spend.

  • Flipkart Axis caps the 7.5% Myntra and 5% Flipkart/Cleartrip rewards at ₹4,000 per quarter each.
  • HDFC Millennia pays 5% on 10 partner brands (Amazon, Flipkart, Myntra, Swiggy, Zomato and others), capped at 1,000 CashPoints a month.
  • Cashback SBI Card pays 5% on almost all online merchants, capped at ₹2,000 per statement — enough for about ₹40,000 of online spend.

Shopping cards compared

CardIssuerJoining / annual feeReward rateBest forNet value on ₹3 lakh/yr spend*
IndusInd Bank Pinnacle WorldIndusInd Bank₹15,000 / Free1.88% base valueOnline shoppers wanting 1.875% value with a one-time fee₹5,625
Tata Neu Infinity HDFC BankHDFC Bank₹1,499 / ₹1,4991.50% base valueTata ecosystem shoppers (BigBasket, Croma, Tata CLiQ, Air India via N…₹4,500
Amazon Pay ICICI BankICICI BankFree / Free1.00% base valueAmazon Prime shoppers wanting a free, no-cap cashback card₹3,000
Standard Chartered SmartStandard Chartered— / ₹4991.00% base valueOnline shoppers wanting simple cashback; 0.99%/month 3-month EMI₹3,000
Swiggy HDFC BankHDFC Bank₹500 / ₹5001.00% base valueHeavy Swiggy/food-delivery users (note: HDFC also lists newer Swiggy …₹3,000
Flipkart Axis BankAxis Bank₹500 / ₹5001.00% base valueFlipkart and Myntra shoppers₹2,410
Cashback SBI CardSBI Card₹999 / ₹9991.00% base valueOnline spenders who want flat, simple cashback₹3,000
HDFC Bank MillenniaHDFC Bank₹1,000 / ₹1,0001.00% base valueOnline shoppers who use the partner brands₹3,000
BOBCARD EternaBank of Baroda (BOBCARD)₹2,499 / ₹2,4990.75% base valueOnline shopping, dining and travel spenders₹2,250
Kotak Zen SignatureKotak Mahindra Bank₹1,500 / ₹1,5000.67% base valueLifestyle and apparel shoppers₹2,010
HDFC Bank MoneyBack+HDFC Bank₹500 / ₹5000.33% base valueFirst-time card users who shop on Amazon/Flipkart/Swiggy₹990
IndusInd Bank Platinum Aura EdgeIndusInd BankFree / Free0.25% base valueEntry-level users who want to pick an accelerated category₹750
SBI SimplyCLICKSBI Card₹499 / ₹4990.25% base valueOnline shoppers on a budget₹750
RBL Bank ShopRiteRBL Bank₹500 / ₹5000.25% base valueGrocery spends₹750
BOBCARD EasyBank of Baroda (BOBCARD)₹500 / ₹5000.20% base valueFirst credit card / entry level₹600
YES Bank POP-CLUBYES BankFree / ₹399See card pagePOP app shoppers using UPI—

* Base reward value on ₹3 lakh of yearly spends minus annual fee + 18% GST (fee treated as waived when the published waiver threshold is ₹3 lakh or less). Accelerated categories, caps and exclusions change the real value — see each card page.

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Platform-by-platform picks

Where you shopCardReward rateFee and cap
AmazonAmazon Pay ICICI5% (Prime) / 3% (non-Prime)Lifetime free; no monthly cap
Flipkart / MyntraFlipkart Axis Bank5% / 7.5%₹500 fee; ₹4,000/quarter cap each
Tata Neu, BigBasket, CromaTata Neu Infinity HDFC5%–10% NeuCoins₹1,499 fee; waived at ₹3 lakh
Any online merchantCashback SBI Card5%₹999 fee; cap ₹2,000/cycle
10 popular brandsHDFC Millennia5% CashPoints₹1,000 fee; waived at ₹1 lakh
Mixed online spendsStandard Chartered Smart2% onlineCap ₹1,000/month online

No-cost EMI and card EMIs — what they really cost

  • Card EMI converts a purchase into instalments at an interest rate set by the issuer, plus a one-time processing fee and 18% GST on both interest and fee.
  • “No-cost EMI” means the merchant gives an upfront discount equal to the interest. You still see interest on your statement and pay GST on it, and you usually lose the cashback on that purchase.
  • Most cashback cards exclude EMI transactions from rewards (Amazon Pay ICICI, Cashback SBI, Axis ACE all list EMI as excluded).
  • The whole purchase amount blocks your credit limit on day one and is released only as EMIs are paid.
  • Pre-closing a card EMI usually attracts a foreclosure charge — read the offer before converting.

Card EMI cost calculator

Frequently asked questions

Which credit card is best for online shopping?

Pick by platform: Amazon Pay ICICI for Amazon (free, 5% for Prime), Flipkart Axis for Flipkart and Myntra, Tata Neu Infinity for Tata brands. For spread-out online spending, Cashback SBI Card (5% on online spends, capped at ₹2,000 per cycle).

Are rewards given on EMI purchases?

Usually not. Most shopping and cashback cards exclude EMI transactions. If you plan to convert a large purchase to EMI, a platform discount may be worth more than the card reward you lose.

Is no-cost EMI really free?

The interest is offset by a discount, but you pay 18% GST on the interest component and often a processing fee, so it is close to free, not free. You also lose any cashback on that purchase.

Why did I get less cashback than expected?

Common reasons: the monthly or quarterly cap was hit, the merchant is coded outside the bonus category, the transaction was an excluded type (wallet load, gift card, EMI), or part of the order was refunded.

Card features, fees and reward rates are compiled from issuers’ published terms and reputable card-review sites (source and date on each card page). Issuers change benefits often — confirm the latest MITC before applying.