How to Save Big on Online Purchases with Credit Cards

Online shopping is more rewarding when you use the right credit card. From cashback and discounts to no-cost EMI and exclusive deals, credit cards offer multiple ways to save on your purchases. Whether you're shopping on Amazon, Flipkart, Myntra, or Swiggy, using the right card can help you maximize savings while enjoying additional benefits like rewards and bonus points.

This guide will help you understand how to save big on online purchases with credit cards and choose the best card for your shopping needs.

Looking for the best shopping credit cards Check out our Best Credit Cards for Online Shopping guide.

Ways to Save Big on Online Purchases with Credit Cards

1. Choose a Cashback Credit Card

 Cashback credit cards help you save money instantly by offering a percentage of your spend as cashback.

 Best Cashback Credit Cards for Online Shopping:

• Amazon Pay ICICI Bank Credit Card – 5% cashback on Amazon for Prime members
• Flipkart Axis Bank Credit Card – 5% cashback on Flipkart and Myntra
• HDFC Millennia Credit Card – 5% cashback on Amazon, Flipkart & other merchants

 Want to explore more? Check our guide on Best Cashback Credit Cards.

2. Take Advantage of No-Cost EMI Options

 Many banks and e-commerce platforms offer no-cost EMI on credit cards, allowing you to buy expensive products in easy installments without paying extra interest.

 Popular No-Cost EMI Credit Cards:

• HDFC Regalia Credit Card
• SBI SimplyCLICK Credit Card
• Axis Bank Flipkart Credit Card

3. Use Bank-Specific Offers During Sales

 Amazon Great Indian Festival and Flipkart Big Billion Days often feature exclusive bank offers. Using credit cards from partner banks can give you instant discounts, cashback, and reward points.

 Examples of Past Bank Offers on Online Sales:

• SBI Credit Cards: 10% instant discount on Flipkart sales
• HDFC Bank Credit Cards: 10% off on Amazon’s Great Indian Festival
• Axis Bank Credit Cards: Additional cashback on Myntra and Flipkart

4. Redeem Reward Points for Discounts

 Reward-based credit cards allow you to earn points on every purchase, which can be redeemed for discounts, gift vouchers, or even statement credit.

 Top Reward-Based Credit Cards for Online Shopping:

• HDFC Regalia Credit Card – Earn 4 reward points per 150 spent
• SBI SimplyCLICK Credit Card – Earn 10x reward points on Amazon, BookMyShow
• ICICI Coral Credit Card – Get ICICI Bank Rewards on all purchases

 Want to compare cashback vs. rewards Read our guide on Cashback vs. Rewards Credit Cards: What’s Better?.

5. Stack Coupons & Discounts for Extra Savings

 Many online platforms allow you to combine bank credit card offers with promo codes or brand discounts.

 Best Ways to Stack Discounts:
 Apply promo codes on Amazon, Flipkart, and Myntra before checkout.
 Use credit cards with bonus cashback offers during sales.
 Buy gift vouchers using credit card reward points for additional savings.

6. Use Subscription Benefits for Online Shopping

 Many credit cards offer free OTT subscriptions, food delivery discounts, and exclusive brand partnerships that can help you save on regular spending.

 Credit Cards with Subscription Benefits:

• HDFC Diners Club Black Credit Card – Free Amazon Prime, Zomato Pro
• Axis Magnus Credit Card – Complimentary Swiggy One & Zee5 Subscription
• SBI Elite Credit Card – Free BookMyShow movie tickets

 Want more details? Check out Best Credit Cards for Millennials for cards that offer OTT & lifestyle benefits.

FAQs: How to Save Big on Online Purchases with Credit Cards

1. Which credit card gives the highest cashback on Amazon and Flipkart?
The Amazon Pay ICICI Bank Credit Card offers 5% cashback on Amazon for Prime members, while the Flipkart Axis Bank Credit Card gives 5% cashback on Flipkart & Myntra.

2. How do no-cost EMI credit cards work?
No-cost EMI credit cards let you convert big purchases into monthly installments without additional interest. Some banks also waive processing fees.

3. Can I stack multiple offers while shopping online?
Yes! You can combine bank discounts, promo codes, and reward points to maximize savings on Amazon, Flipkart, and other online platforms.

4. Are there any lifetime free shopping credit cards?
Yes, the Amazon Pay ICICI Bank Credit Card is a lifetime free credit card with cashback benefits on Amazon purchases.

5. Which credit cards are best for food delivery and OTT subscriptions?
The HDFC Millennia Credit Card and Axis Magnus Credit Card offer cashback on Swiggy, Zomato, and OTT subscriptions like Netflix and Prime Video.

6. How can I track my savings with a credit card?
Most banks provide a mobile app or internet banking dashboard where you can check your cashback earnings, reward points, and total savings.

7. Are online shopping credit cards different from regular credit cards?
Yes! Online shopping credit cards are specifically designed for e-commerce transactions, offering higher cashback, rewards, and exclusive merchant discounts compared to regular credit cards.