Which Credit Card Offers Cashback/ Rewards on Amazon?

We have entered an age when online shopping has captured the hearts of millions of people worldwide. Amazon, being one of the largest e-commerce platforms, has become a go-to destination for shoppers seeking everything from daily essentials to luxury items. Indians prefer Amazon due to its wide range of products, good quality, affordable prices, and easy ordering process.

As online shopping grows, banks and financial institutions are introducing credit cards with rewards and cashback on purchases made through popular platforms like Amazon. These cards range from co-branded cards created for frequent Amazon shoppers to reward-points-based cards with rewarding benefits. These cards improve the shopping experience and offer perks, making them a great choice for people who want to save money and earn rewards while shopping online. In this article, we will go through some of the leading credit cards that offer cashback and rewards on Amazon transactions.

Amazon Pay ICICI Bank Credit Card

ICICI Bank introduced the Amazon Pay ICICI Bank Credit Card, a co-branded credit card created in collaboration with Amazon. This lifetime-free credit card is a good option for loyal users who make regular purchases from Amazon. Introductory perks include cashback and discounts up to ₹2,000. 5% cashback on purchases made on Amazon (for Prime users). Cardholders without Prime membership shall also get 3% cash back and 1% cashback on purchases other than fuel transactions. All the cashback earned will be credited to the Amazon Pay balance by the end of the payment cycle. A discount of 15% will be applicable to all participating restaurants in the Culinary Treats Programs. Even though this card is quite beneficial, it does not offer any other perks like lounge access, milestone perks, entertainment discounts, etc.

Swiggy HDFC Bank Credit Card

Swiggy HDFC Bank Credit Card is a co-branded card launched by HDFC Bank and Swiggy. With an annual fee of ₹500, this card mainly focuses on discounts and offers on food orders made through Swiggy. For people who order food on a regular basis via Swiggy or use it to reserve a table at the restaurant and even pay through it, this card offers 10% cashback for every transaction. Other than the benefits of Swiggy, users will get 5% cashback up to ₹1,500 on online transactions, including Amazon, Nykaa, Ola, Myntra, Flipkart, etc. A 1% cashback on other categories is also offered with this card. All the cashback earned will be directly credited to the cardholder’s account. As an introductory perk, users will get a complimentary 3-month Swiggy-One Membership.

American Express SmartEarn Credit Card

The American Express SmartEarn Credit Card is a reward-points-based card designed for beginners and young professionals. With an annual fee of ₹495 plus taxes, the membership fee can be waived if you spend more than ₹40,000 within a year. It offers 10X Reward Points on popular platforms and brands like AJIO, Flipkart, Myntra, Uber, PVR, BookMyShow, and Zomato and 5X Reward Points on Amazon. Cardholders can enjoy welcome benefits such as a cashback of ₹500. The credit card allows for the redemption of reward points against online shopping vouchers, offline purchases, and credit card bill payments. Even though the card has a low joining fee and a range of benefits, the SmartEarn card is a suitable choice for many.

HDFC Bank Millennia Credit Card

As the name suggests, the Millennia Credit Card is primarily focused on people born between 1981 and 1996, known as the millennials. This card is best suited for shopping, with a joining fee of ₹1,000 plus taxes. Users will receive cash points as cashback with this card, which can be redeemed for vouchers and products. Millennia cardholders will earn 5% cash points on online transactions from select merchants like Amazon, BookMyShow, Zomato, Swiggy, etc, and 1% cashback on other expenditures except for fuel, wallet, EMI, and government transactions. The cash points earned will be capped at 1000 cash points for every statement cycle. This card also offers a discount of 20% at partner restaurants with Swiggy Dineout, and you will be able to earn gift vouchers worth ₹1,000 by meeting quarterly spending milestones of ₹1 lakh.

Bottom Line

With the rise in online shopping, credit cards that offer rewards and cashback for Amazon purchases have become very popular. Many banks and financial institutions now offer credit cards designed specifically for frequent online shoppers. These cards make shopping on Amazon better and more fruitful and also give you good perks and benefits. This makes them a great choice for people who want to save money and earn rewards while shopping on Amazon. These credit cards offer cashback deals and discounts on various online transactions to suit different preferences.  Whether it’s the Amazon Pay ICICI Bank, Swiggy HDFC Bank, AmEx SmartEarn, or HDFC Bank Millennia Credit Card, each card is designed to meet the different needs and spending habits of the cardholder.