Compare the best credit cards for Amazon and Flipkart shopping in India for 2026 - covering cashback rates, reward points, annual fees and exclusive sale benefits to maximise your online shopping savings.
Online shopping accounts for a growing share of consumer spending in India, and two platforms dominate: Amazon and Flipkart. If you shop frequently on either (or both) platform, the right credit card can save you thousands of rupees every year through cashback, accelerated reward points and exclusive sale discounts.
But the credit card market is crowded. Banks issue co-branded cards with e-commerce platforms, general cashback cards, and reward point cards that all claim to be the best for online shopping. This guide cuts through the marketing to compare the cards that genuinely deliver the highest value for Amazon and Flipkart shoppers in 2026.
How credit card rewards work for online shopping
Before comparing specific cards, understand the three reward mechanisms:
Cashback: A percentage of your spend is credited back to your account, either as a statement credit or as platform-specific balance (like Amazon Pay balance). This is the simplest reward type.
Reward points: You earn points per Rs 100 spent, which can be redeemed for products, vouchers or statement credits. The value depends on the redemption rate, which varies by card and redemption option.
Accelerated benefits during sales: Co-branded cards often offer additional discounts, instant cashback or no-cost EMI during flagship sales like Amazon Great Indian Festival and Flipkart Big Billion Days.
Best credit cards for Amazon shopping
1. Amazon Pay ICICI Credit Card
This is the undisputed champion for Amazon shoppers. It is a co-branded card issued by ICICI Bank specifically for the Amazon ecosystem.
Key benefits: - 5% cashback on Amazon purchases for Prime members - 3% cashback on Amazon purchases for non-Prime members - 2% cashback on payments made through Amazon Pay at partner merchants - 1% cashback on all other spends - No annual fee: lifetime free - Instant cashback credited as Amazon Pay balance
Why it tops the list: A lifetime-free card offering 5% cashback on Amazon with no cap (for Prime members) is exceptional. If you spend Rs 50,000 per year on Amazon, you save Rs 2,500 annually in cashback alone. During Amazon Great Indian Festival, additional bank offers stack on top of the base cashback.
Drawback: Cashback is credited as Amazon Pay balance, not as a statement credit. This works well if you continue shopping on Amazon or use Amazon Pay for bills, but it locks you into the ecosystem.
2. HDFC Millennia Credit Card
Key benefits: - 5% cashback on Amazon, Flipkart, Myntra and other online merchants (capped at Rs 1,000 per month) - 1% cashback on all other spends - Annual fee of Rs 1,000 (waived on Rs 1 lakh annual spend)
This card is a solid alternative if you want cashback across multiple online platforms rather than just Amazon. The Rs 1,000 monthly cap is the main limitation. Once you hit that, the effective cashback rate drops.
3. SBI SimplyCLICK Credit Card
Key benefits: - 10x reward points on Amazon and other online partners (effectively 2.5% return) - 5x reward points on all other online spends - Annual fee of Rs 499 (waived on Rs 1 lakh annual spend) - Welcome benefit of Rs 500 Amazon voucher
A good budget option with decent Amazon rewards. The 10x reward points translate to roughly 2.5% return, which is lower than the Amazon Pay ICICI card but this card also rewards other online spending well.
Best credit cards for Flipkart shopping
1. Flipkart Axis Bank Credit Card
The direct competitor to the Amazon Pay ICICI card, designed for the Flipkart ecosystem.
Key benefits: - 5% cashback on Flipkart, Myntra and 2GUD - 4% cashback on preferred partner merchants (Swiggy, Uber, PVR, etc.) - 1.5% cashback on all other spends - No annual fee for the first year, Rs 500 from the second year (waived on Rs 2 lakh annual spend) - Welcome benefit of Rs 500 Flipkart voucher
Why it is the best for Flipkart: 5% unlimited cashback on Flipkart purchases mirrors what the Amazon Pay ICICI card does for Amazon. The 4% on partner merchants and 1.5% on everything else make this a strong all-round card too.
Drawback: Cashback is credited as Flipkart SuperCoins or account credit, keeping you within the Flipkart ecosystem. The annual fee from year two is a minor negative compared to the Amazon Pay card's lifetime-free proposition.
2. Axis Bank ACE Credit Card (powered by Google Pay)
Key benefits: - 5% cashback on bill payments via Google Pay - 4% cashback on Swiggy, Zomato and Flipkart - 2% cashback on all other online spends - Annual fee of Rs 499 (waived on Rs 2 lakh annual spend)
A versatile card that gives 4% on Flipkart while also rewarding other categories generously. If you split your shopping between Flipkart and other platforms, this card's broader reward structure might deliver more total value than the Flipkart Axis Bank card.
Best credit cards for both Amazon and Flipkart
If you shop on both platforms regularly, a single card that rewards both is more practical than carrying two co-branded cards.
1. HDFC Millennia Credit Card
As mentioned above, this card gives 5% cashback on both Amazon and Flipkart (capped at Rs 1,000 per month). For shoppers who split their spend equally between both platforms, this is the most convenient single-card solution.
2. OneCard (FPL Technologies)
Key benefits: - 5x reward points on top online merchants including Amazon and Flipkart - Metal card with no annual fee - Instant issuance via app - Flexible reward redemption
OneCard has gained popularity for its sleek app experience and transparent fee structure. The reward rate on Amazon and Flipkart is competitive, though not as high as the dedicated co-branded cards.
Comparison table: Top shopping credit cards 2026
| Card | Amazon cashback | Flipkart cashback | Annual fee | Best for |
|---|---|---|---|---|
| Amazon Pay ICICI | 5% (Prime) / 3% | 1% | Free forever | Amazon loyalists |
| Flipkart Axis Bank | 1.5% | 5% | Rs 500 (waivable) | Flipkart loyalists |
| HDFC Millennia | 5% (capped) | 5% (capped) | Rs 1,000 (waivable) | Both platforms |
| SBI SimplyCLICK | ~2.5% (points) | ~1.25% (points) | Rs 499 (waivable) | Budget option |
| Axis ACE (Google Pay) | 2% | 4% | Rs 499 (waivable) | Versatile spender |
How to maximise credit card rewards during sales
Amazon Great Indian Festival and Flipkart Big Billion Days are the two biggest annual sales in India. Here is how to extract maximum value:
Stack bank offers with card cashback. During major sales, Amazon and Flipkart offer 10% instant discount on specific bank cards (typically SBI or HDFC for Amazon, Axis or ICICI for Flipkart). This stacks with your regular card cashback. If your regular card is not the featured bank, consider applying for a secondary card from the featured bank before the sale.
Use no-cost EMI wisely. Co-branded cards often unlock no-cost EMI options on a wider range of products. This does not save you money directly (the discount is built into the price), but it improves cash flow for high-value purchases like electronics and appliances.
Pre-load Amazon Pay or Flipkart wallet. Both platforms sometimes offer bonus cashback when you load money into their wallets before a sale. Check for these offers a week before the sale dates.
Time your big purchases. Electronics, appliances and furniture see the deepest discounts during flagship sales. If a purchase can wait, timing it with these sales can save 15 to 30 percent on top of your card benefits.
Annual fee vs cashback: Is the card worth it?
A card is worth its annual fee only if the rewards exceed the fee. Here is a simple calculation:
For the Flipkart Axis Bank card with Rs 500 annual fee and 5% Flipkart cashback, you need to spend just Rs 10,000 on Flipkart annually to break even (Rs 10,000 x 5% = Rs 500). Most regular Flipkart shoppers spend far more than this.
For the HDFC Millennia with Rs 1,000 annual fee and 5% online cashback (capped at Rs 1,000/month), you break even with Rs 20,000 in annual online spend. Again, most online shoppers clear this easily.
The Amazon Pay ICICI card has no annual fee, so every rupee of cashback is pure profit.
Credit score considerations
Applying for multiple credit cards in a short period can temporarily lower your credit score due to hard inquiries. If you are planning a home loan or car loan in the next six to twelve months, limit new credit card applications.
Maintain a credit utilisation ratio below 30 percent across all your cards. If your total credit limit across cards is Rs 5 lakh, keep your outstanding balance below Rs 1.5 lakh at any given time. This is one of the most important factors in maintaining a healthy credit score.
Responsible usage reminder
Credit cards are powerful tools when used correctly: paying the full balance by the due date every month. The moment you start paying only the minimum balance, the 36 to 42 percent annual interest rate on revolving credit will wipe out any cashback you earned and then some.
Never spend more on a credit card than you can pay off in full when the bill arrives. The rewards are designed to benefit disciplined users and trap impulsive spenders. Use our EMI calculator to understand the true cost of revolving credit and plan your repayments.
This article is for educational purposes and does not constitute financial advice. Credit card features, fees and cashback rates mentioned are based on publicly available information as of September 2026 and may change. Always verify current terms on the issuing bank's website before applying.
Frequently asked questions
Which is the best credit card for Amazon India in 2026?
The Amazon Pay ICICI Credit Card is the best card for Amazon shopping in India. It offers 5% cashback for Prime members and 3% for non-Prime members on all Amazon purchases with no annual fee. The cashback is credited as Amazon Pay balance which can be used for future purchases or bill payments.
Is the Flipkart Axis Bank credit card worth it?
Yes, if you shop regularly on Flipkart. The card offers 5% unlimited cashback on Flipkart, Myntra and 2GUD, plus 4% on partner merchants. You need to spend only Rs 10,000 on Flipkart annually to recover the Rs 500 annual fee. Most regular Flipkart shoppers save several thousand rupees per year.
Can I use the Amazon Pay ICICI card on Flipkart?
Yes, you can use it on Flipkart or any other merchant, but you will earn only 1% cashback instead of the 5% you get on Amazon. For Flipkart shopping, the Flipkart Axis Bank card at 5% cashback is a better choice. Many shoppers carry both co-branded cards.
Which credit card gives cashback on both Amazon and Flipkart?
The HDFC Millennia Credit Card gives 5% cashback on both Amazon and Flipkart, capped at Rs 1,000 per month. The Axis Bank ACE card gives 2% on Amazon and 4% on Flipkart. If you want the highest uncapped reward on each platform, carrying both co-branded cards is the best approach.
Is there a lifetime free credit card for online shopping?
Yes. The Amazon Pay ICICI Credit Card is lifetime free with no annual or joining fee. It offers 5% cashback on Amazon for Prime members. Several other cards waive annual fees if you meet minimum spend thresholds, typically Rs 1 to 2 lakh per year.
How much can I save with a shopping credit card per year?
On an annual online spend of Rs 2 lakh, a 5% cashback card saves Rs 10,000 per year. During major sales, stacking bank offers can push total savings to Rs 15,000 to 20,000. The actual savings depend on your spending pattern and whether you qualify for sale-specific bank offers.
Does applying for a shopping credit card affect my CIBIL score?
Each credit card application triggers a hard inquiry that can temporarily reduce your CIBIL score by 5 to 10 points. The impact is minor and recovers within a few months. Avoid applying for multiple cards within a short period, especially if you are planning a loan application soon.
What is the best credit card for Big Billion Days and Great Indian Festival?
During these sales, Amazon and Flipkart partner with specific banks for additional 10% instant discounts. Check which bank is the partner before the sale and use that bank's card for the extra discount on top of your regular cashback. In recent years, SBI and HDFC have partnered with Amazon, while Axis and ICICI have featured in Flipkart sales.