Best Credit Cards for Grocery Shopping - 2023 BEST RETURN & CASH BACK WITHIN 24 HOURS
Best Credit Cards for Grocery Shopping - 2023 BEST RETURN & CASH BACK WITHIN 24 HOURS
CHOOSE THIS CARD IF YOU ORDER GROCERIES ONLINE FROM AMAZON
Amazon Pay ICICI Bank Credit Card -CLICK
Annual Fee: Nil
Key Features:
Lifetime free credit card
5% cashback on Amazon purchases for Prime Members
3% cashback on Amazon purchases for Non-prime Members
2% cashback on transactions made for flight bookings, recharges, bill payments, gift cards, and spends on Amazon Pay partner merchants
1% cashback on all other transactions
Suggested read: Amazon Pay ICICI Credit Card Review | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
Amazon Pay ICICI Credit Card is definitely one of the best grocery credit cards in India. This is because Amazon itself is one of the most popular platforms and deals in wide-ranging items. You can find almost everything you need on Amazon Pantry. If you are a prime user, you will earn 5% cashback and if you do not have Prime Membership, the cashback will be limited to 3%. The default cashback rate on Amazon Card, however, stands low at 1% as compared to Flipkart Axis Bank Credit Card. You should only go for this card if you use Amazon for most of your grocery needs but being lifetime free, having it in your wallet does not harm.
Get the RIGHT CREDIT CARD for your requirements
American Express SmartEarn™ Credit Card - CLICK
CHOOSE THIS CARD IF YOU WISH TO EARN HIGH REWARDS ON GROCERY SPENDS
Annual Fee: Rs. 495
Key Features:
10X Membership Reward Points on Flipkart, Amazon and Uber
5X Membership Reward Points on Paytm Wallet, Swiggy, Grofers, Big Bazaar, PVR, Myntra and more
1 Membership Reward Point per Rs. 50 on all other categories
Milestone benefit of up to 1,250 Membership Reward Points upon meeting spending conditions
Spend Rs. 10,000 in the first 90 years and get Rs. 500 cashback
Suggested read: Best Credit Cards for Reward Points | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
If you wish to get benefits in the form of reward points, American Express SmartEarn Credit Card could be a good choice for you. The card offers accelerated earning on Flipkart, Amazon, Grofers (now Blinkit), BigBazaar and, as a result, users would not be restricted to one platform. The base rate itself is impressive and with judicious use of the card, you can easily accumulate significant rewards and redeem them later to save more on groceries.
Flipkart Axis Bank Credit Card - CLICK
CHOOSE THIS CARD IF YOU ORDER GROCERIES ONLINE FROM FLIPKART
Annual Fee: Rs. 500
Key Features:
5% cashback on Flipkart & Myntra
4% cashback on preferred merchants (Cure.fit, Swiggy, PVR and Uber)
1.5% cashback on other categories
2,900 worth of joining and activation benefits from Flipkart, MakeMyTrip, Goibibo, Gaana, and Myntra
4 complimentary domestic lounge visits every year
Suggested read: Flipkart Axis Bank Credit Card Review | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
You should consider getting this card if you purchase groceries from Flipkart Supermart. Flipkart Axis Bank Credit Card is one of the best cashback credit cards in India that offers up to 5% cashback on Flipkart as well as on Myntra and 4% on other partner websites and 1.5% flat cashback on all other spends. This is the second-highest flat cashback rate in the market after Axis Bank ACE Credit Card which offers 2% cashback.
The flat cashback rate on Flipkart is quite generous as compared to other cards in the market. Also, unlike Amazon Pay ICICI Card where cashback is credited in the form of Amazon Pay balance, the Flipkart card has kept it simple with a direct statement credit model. Whatever cashback you earn will be directly credited to your credit card account thus taking away the hassle of reward/ cashback conversion.
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RBL Bank Edition Black Credit Card-CLICK
CHOOSE THIS CARD IF YOU FREQUENTLY ORDER ONLINE FROM ZOMATO & BLINKIT
Annual Fee: Rs. 1,499
Key Features:
10% Edition Cash of spends done on Zomato & Blinkit app
1% Edition Cash of spends done everywhere else
Buy 1 get 1 free offer on movie tickets bought from BookMyShow every month
2 free domestic airport lounge visits every calendar quarter
Priority Pass membership for free along with 2 free international airport lounge visits per calendar year
Low forex markup fee of 1.5%
Suggested read: RBL Bank Edition Credit Cards Review | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
RBL Bank Edition Black Credit Card is a co-branded card that offers benefits on multiple categories, including travel, grocery shopping, movie tickets and more. You can apply for this card if you frequently order groceries from Blinkit. This card offers 10% Edition Cash for your transactions done on Zomato & Blinkit app. You can use your Zomato app to check and redeem your Edition Cash. Overall, this is a decent option if you are looking for a card that lets you save on your grocery purchases and are ready to pay an annual fee of Rs. 1,499. You can also apply for the other variant of this card; RBL Bank Edition Classic Credit Card if you are looking for a low annual fee credit card.
Standard Chartered Manhattan Platinum Credit Card-CLICK
CHOOSE THIS CARD IF YOU PREFER GROCERY PURCHASES AT SUPERMARKETS
Annual Fee: Rs. 999
Key Features:
5% cashback on your expenses at supermarkets
3X reward points on your expenses at other categories
Exclusive offers and discounts on select partnered merchants
Contactless payments by tapping your credit card at the PoS machine
Suggested read: StanC Manhattan Platinum Credit Card Review | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
Unlike Amazon ICICI and Paytm SBI Select credit cards that reward you for online grocery shopping, Standard Chartered Manhattan Platinum Credit Card is best suited for those who make big purchases at supermarkets. There is no maximum cap on the amount of cashback. The good thing is that you can also earn reward points on other transactions.
The wide variety of offers on movies, dining and travel indeed make this credit card worth the annual fee of Rs. 999, especially if you can make the most of these features. Though the card offers cashback on only one specific category, it still rewards you for other expenses, which is good. However, if you are looking for cashback across all categories, this card may not be a perfect choice.
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YES Prosperity Cashback Credit Card-CLICK
CHOOSE THIS CARD IF YOU WANT CASHBACK ON GROCERY PURCHASES ON ANY PLATFORM
Annual Fee: Rs. 999
Key Features:
5% cashback on movie ticket bookings and grocery shopping
0.50% cashback on all other retail spends
5% cashback on bill payments via YES PayNow
Welcome cashback of Rs. 250 on spending Rs. 2,500 within 30 days of card activation
1% fuel surcharge waiver at all fuel stations across India
Suggested read: Best Cashback Credit Cards | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
YES Bank Prosperity Cashback Credit Card not only offers 5% cashback on grocery shopping but also on utility bill payments, including rent payments, mobile recharge, telephone bill payment, gas and electricity bill payments via YES Bank’s PayNow service. Unlike Amazon and Flipkart credit cards which are only useful on their respective websites, this card lets you earn 5% cashback on all your grocery purchases, irrespective of where you make the purchase.
Another card with similar benefits is Axis ACE and it comes with a higher universal cashback rate of 2%, thus beating YES Prosperity Cashback. However, if you are not eligible for Axis Bank ACE Credit Card but specifically looking for a card that rewards you for heavy utility bill payments and grocery purchases every month, YES Prosperity Cashback can be a great alternative.
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Nature’s Basket SBI Credit Card -CLICK
CHOOSE THIS CARD IF YOU SHOP FREQUENTLY AT NATURE’S BASKET
Annual Fee: Rs. 1,499
Key Features:
Welcome benefit worth Rs. 1,499 along with Nature’s Basket ‘Epicure’ loyalty program.
10 reward points on Nature’s Basket; 5 reward points on travel, dining and movies and 1 reward point on other categories – on every Rs. 100 spent
4 complimentary visits per year (subject to 1 per quarter)
1% fuel surcharge waive across all petrol pumps
Gift voucher worth Rs. 3,000 on spending Rs. 3 lakh or more
Suggested read: Nature’s Basket SBI Cards Review | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
Nature’s Basket SBI Credit Card is one of the two co-branded credit cards that SBI Cards launched with Nature’s Basket. The card is designed for features around gourmet while offering benefits across other categories as well, such as dining, travel and entertainment.
If you are looking for a card that offers all-rounder benefits but is equally focused on grocery shopping, then you should consider opting for this card. You can also opt for this credit card if you are a Nature’s Basket loyalist and can afford to pay an annual fee of Rs. 1,499. If you want to avail better rewards and premium benefits on your grocery shopping, then you can also opt for the other variant of this card – Nature’s Basket SBI Card Elite. However, the premium variant comes with a high annual fee of Rs. 4,999.
Axis Bank Select Credit Card-CLICK
CHOOSE THIS CARD IF YOU ORDER GROCERIES ONLINE FROM BIGBASKET
Annual Fee: Rs. 3,000
Key Features:
20% off (max. Rs.500) on BigBasket, once per month
40% off (max. Rs.200) on Swiggy, twice a month
10 Axis EDGE reward points for every Rs. 200 spent
2X reward points per Rs. 200 on retail shopping spends
Amazon voucher worth Rs. 2,000 on your first transaction
2 complimentary domestic lounge visits per quarter
Suggested read: Axis Bank Select Credit Card Review | Check Eligibility for Similar Cards
Why is this suitable for Grocery Shopping?
Axis Bank Select Credit Card is a premium credit card that offers multidimensional benefits on your expenses. You can save not only on your grocery purchases but also on other categories be it movie, lifestyle or travel. The rewards rate offered on this credit card falls between 1% to 2%, which is a great deal. You can earn 10 eDGE reward points for every Rs. 200 spent (1% value) and 20 points per Rs. 200 spent on the retail category (2% value). However, the annual fee of Rs. 3,000 can take a toll on your pocket. But, this card justifies the fee by providing premium benefits like memberships, discounts, rewards, lounge access and more. Overall, you can apply for this card if you want to avail premium benefits and are ready to pay a high annual fee.
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How to Choose the Right Grocery Credit Card
Many credit cards offer a great value back on your grocery spends. However, in order to find the right grocery credit card, you should bear the below-given points in mind:
Service Area: A co-branded credit card like SPAR SBI Credit Card must have its retail outlets in your area. Otherwise, there is no point in getting it. The same goes for Amazon Pantry/ Flipkart Supermart; if you live in an area that is not serviced by these companies, then it is not a good idea to get these cards.
Discount/Cashback Offered: Certain credit cards offer more cashback than others. A co-branded credit card like Amazon Pay ICICI Credit Card or Flipkart Axis Bank Credit Card offers more cashback on the collaborated brands, as compared to other credit cards that offer universal cashback.
Periodical Offers: Many credit cards give discounts or cashback on grocery spends for a fixed period. Afterwards, you might not get any offers on your grocery spends. Therefore, it is important to get a credit card whose offers are not limited to a set date and you can avail them as per your convenience.
Capped Benefits: Many credit card issuers advertises that they offer better cashback or discount on their credit cards. But, these offers might have a limit on the maximum discount/ cashback you can avail. Therefore, you should read the terms and conditions carefully to know what is the cap on the benefits.
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