Best Credit Cards for Retail Shopping in 2024

While credit cards are designed to offer benefits on specific categories like travel, dining, shopping and movies, retail expenses are usually marked as an exempted category, giving lower rewards or cashback benefits. From groceries to utility bills, and retail to departmental stores, everyday purchases are essential – so why not make them rewarding too? There are a few cards that are designed to give you higher value-back for your retail spends. By having the right credit card in your wallet you can turn your day-to-day expenses into a rewarding experience. Here is a list of the best credit cards for retail shopping that can enhance your everyday spends:

Best Credit Cards for Retail Shopping in 2024

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1. HDFC Regalia Credit Card

Joining Fee: Rs. 2,500

Annual Fee: Rs. 2,500 (waived off on spending Rs. 3 lakh in a year)

HDFC Regalia Credit Card offers benefits across multiple categories but is primarily suitable for travel and retail spends. With this card you, can earn rewards on all retail spends, be it insurance payments, utility bill payments, rent or education. Along with rewards, you can also avail other privileges like complimentary lounge access, low forex markup fee, milestone benefits and much more. Below mentioned are some of the major benefits of this credit card:

• 4 reward points on every Rs. 150 spent across retail spends, including insurance, utilities, rent and education
• Up to 15,000 reward points as milestone benefits
• 12 complimentary domestic airport lounge visits per year
• Complimentary Priority Pass membership with 6 complimentary international lounge access per year
• 1% fuel surcharge waiver at all fuel stations across India on transactions between Rs. 400 to Rs. 5,000
• Low forex markup fee of 2% on your transactions

Suggestion: Best Super-Premium Credit Cards in India | Check Eligibility for Top Cards

2. Axis Bank Select Credit Card

Joining Fee: Rs. 3,000 (Nil for Burgundy clients)

Annual Fee: Rs. 3,000 (Nil for Burgundy clients)

Axis Bank Select Credit Card offers decent rewards on online and offline expenses across major spending categories like travel, retail, groceries and more. In addition to the base rewards, you can also earn accelerated rewards on select bonus categories and discounts on top brands like Swiggy, Big Basket and BookMyShow. This credit card is suitable for retail shopping as it offers 2X rewards on retail spends or store visits. Some of the major benefits of this one of the best credit cards for offline shopping are as follows:

• 10 Axis EDGE reward points on every Rs. 200 spent
• 2X (20) Axis EDGE reward points per Rs. 200 spent on retail transactions
• 20% off on BigBasket on a minimum transaction value of Rs. 3,000
• Rs. 200 ff, twice a month on your orders at Swiggy
• Complimentary Priority Pass Membership in the 1st year on making first transaction within 30 days of card issuance
• 6 complimentary international lounge access to over 1,200 international airport lounges, per calendar year
• Additional 6 international lounge visits per year by spending Rs. 3 Lakh or more in that calendar year
• 2 complimentary domestic lounge visits per quarter on spending Rs. 50,000 in the previous quarter

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3. SBI Prime Credit Card

Joining Fee: Rs. 2,999

Annual Fee: Rs. 2,999 (Waived off on spending Rs. 3 lakh in a year)

SBI Prime Credit Card is an all-rounder credit card that offers benefits across multiple categories like retail spends, dining, travel, online shopping and more. Offering decent rewards across all retail spends, makes this card a suitable option for everyday expenses like grocery spends or departmental store purchases. Besides this, you get on boarded with complimentary Club Vistara membership which is an added advantage for frequent travelers. Here are some of the major benefits of this card:

• 10 reward points for every Rs. 100 spent on dining, groceries, departmental stores and movies
• 2 reward points for every Rs. 100 spent on all other retail purchases, except for fuel
• 20 reward points for every Rs. 100 spent on your birthday
• E-gift vouchers worth Rs. 3,000 as welcome benefits
• Complimentary Club Vistara membership
• 4 complimentary lounge visits per calendar year to international priority pass lounges
• 8 complimentary lounge visits per calendar year to domestic lounges in India

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4. IDFC First Select Credit Card

Joining Fee: Nil

Annual Fee: Nil

IDFC First Select Credit Card is a lifetime free credit card that offers unlimited rewards and all-round benefits. With this card, you can get privileges like incremental rewards, welcome voucher, lounge access, free movie tickets, golf and dining benefits. This card not only offers decent rewards on offline purchases but also 10X the rewards on spending Rs. 25,000 in a month, allowing you to maximize your savings. Below mentioned are some of the major benefits offered by this one of the best credit cards for retail shopping:

• 3 reward points per Rs. 125 spent on all offline purchases
• 10X reward points on incremental purchases greater than Rs. 25,000 per billing cycle
• 10X reward points on your birthday spends
• 6X reward points on all online purchases
• 4 complimentary domestic airport lounge access per quarter
• 4 complimentary railway lounge access per quarter
• Low forex markup fee of 1.99%

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5. Axis Bank ACE Credit Card

Joining Fee: Rs. 499 (Reversed on spending Rs. 10,000 within 45 days of card issuance)

Annual Fee: Rs. 499 (Waived off on annual spend of Rs. 2 lakh or more)

Axis Bank ACE Credit Card is a cashback credit card that comes with one of the best cashback rate of 2% across all offline spends. Besides offline transactions, you can also earn cashback on other categories or top brands like Swiggy, Zomato and Ola. This credit card is a good choice if you want to earn high value back at a low annual fee. It is an entry-level credit card that offers great value if you prefer to earn cashback instead of reward points. Here are some of the top features of this credit card:

• 5% cashback on utility bill payments, DTH and mobile recharges via Google Pay (No cashback if paid on any platform other than Google Pay)
• 4% cashback on Swiggy, Zomato and Ola
• 1.5% cashback on all other spends
• 4 domestic lounge visits in a year on spending min. Rs. 50,000 during the previous 3 months

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