A Study by Paisabazaar

Credits: moneycontrol.com

Some grocery credit cards can help you save a significant amount on online or offline grocery purchases by offering direct rebates, rewards, and discounts on certain brands. You can save a lot of money by paying your grocery bills with the right credit card. Some grocery credit cards can help you save a significant amount on online or offline grocery purchases by offering cash back, rewards, and direct rebates on select brands like Grofers (now Blinkit) and Big Basketball. To help you find your perfect match, Paisabazaar has researched and identified the best supermarket credit cards available on the market.

Amazon Pay ICICI Credit Card offers 5% cash back on Amazon for PRIME members, 3% cash back on Amazon for non-PRIME members, 2% cash back on payments at over 100 partner merchants on Amazon Pay and 1% cash back on other transactions. This is a free credit card for life.

Flipkart Axis Bank Credit Card  offers 5% cash back on purchases on Flipkart and Myntra, 4% cashback on Cleartrip, Cure.fit, PVR, Swiggy, Uber, etc. and 1.5% cashback on all other categories. In addition to reimbursement of expenses, the cardholder benefits from 4 tickets to the National Lounge throughout the year, up to 20% discount at partner restaurants in India.

Standard Chartered DigiSmart Credit Card offers a 10% discount on grofers (now Blinkit) and Zomato for five transactions per month. By purchasing from Myntra, the cardholder enjoys 20% discount once a month, 20% discount when booking domestic flight tickets and 10% discount when booking international flight tickets up to Rs 10,000 in Yatra once a quarter. It also offers 25% discount on domestic Yatra hotel bookings up to Rs 4,000 for one transaction per quarter and other benefits.

Standard Chartered Manhattan Credit Card  offers 5% cashback at supermarkets and Rs150 instant cashback at BigBasket with a minimum spend of Rs2000. Offer 3x rewards for all other spending.

SBI Card Prime offers an electronic gift card of Rs 3,000 upon joining. It offers 10 reward points per Rs 100 spent at restaurants, grocery stores, department stores and movies. It offers free access to airport lounges: 8 in India and 4 abroad. The renewal fee is waived for spending Rs 3 lakh per year.

Axis Bank Select Credit Card offers 20% discount up to Rs 500 per month with a minimum purchase of Rs 2000 at BigBasket and 40% discount up to Rs 200 at Swiggy (valid twice a month on a minimum transaction of 400 rupees). It also offers an Amazon coupon of Rs 2,000 for the first card transaction within 90 days, 2 reward points for every Rs 200 spent on retail purchases, 20% discount at partner restaurants in India. It offers a free priority subscription with six visits to international exhibitions per year.

Be disciplined about your credit behavior. Once you’ve received a credit card, it’s important to use it wisely and responsibly. Because credit cards offer a substantial interest-free period, grocery purchases can result in overspending in multiple categories. Avoid overspending to earn extra rewards points and waive annual renewal fees. If you spend more than you can afford and can’t pay your credit card bill on time, you may face high interest costs of 28-49% per year. as well as claim fees.

Paisabazaar selected the credit cards based on the rewards and benefits in the purchase of groceries and other categories that each card offers in relation to its annual fees.

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