Credit cards have become an essential tool for managing finances, and during the festive season, they offer significant discounts and deals that can help consumers save substantial amounts of money. With the ongoing festive sales across platforms like Amazon, Flipkart, and various retail outlets, using the right credit card can bring even more savings than standard sale discounts. Some offers allow customers to save as much as ₹1 lakh through various schemes, including cashback, reward points, and direct deals.
Top Credit Cards Offering Festive Discounts
1. HDFC Bank Credit Cards
HDFC Bank is one of the leading issuers of credit cards in India, and during the festive season, they provide a range of offers:
– Up to 10% cashback on purchases through partnered e-commerce platforms like Amazon and Flipkart.
– Special discounts on electronics, fashion, and home appliances.
– No-cost EMI options on large purchases can be repaid over 3, 6, or 12 months without extra interest.
– Increased reward points for transactions at partner stores and restaurants.
2. ICICI Bank Credit Cards
ICICI Bank has tied up with multiple brands to offer:
– Up to 15% discount on electronics, clothing, and accessories at major retailers.
– Extra cashback is offered for grocery purchases, travel bookings, and online shopping during the festival.
– Easy EMI options without processing fees on select purchases, allowing cardholders to spread out significant expenses over time.
– Deals on international travel and hotel bookings, providing domestic and international travel savings.
3. SBI Credit Cards
SBI, with its broad customer base, offers attractive deals that include:
– 10% cashback across significant shopping websites and retail stores during festive sales.
– Special deals on home decor, electronics, and fashion are available through their partnered platforms.
– Additional offers on DTH and utility bill payments made with SBI credit cards during the sale period.
– Higher reward points for purchases on food delivery apps, OTT subscriptions, and fuel stations.
4. Axis Bank Credit Cards
Axis Bank provides a variety of offers across different categories:
– Up to 10% discount on major online platforms like Amazon and Flipkart during the festive sales.
– Deals on dining, groceries, and fuel, providing savings in essential spending categories.
– Cashback offers on travel and hotel bookings for festive travel.
– No-cost EMI options on big-ticket items such as smartphones, laptops, and large appliances.
5. Kotak Mahindra Credit Cards
Kotak Mahindra Bank cards come with several unique festive offers, including:
– Up to ₹10,000 cashback on select purchases.
– No-cost EMI on various categories, allowing buyers to spread out their costs.
– Additional discounts on electronics, home appliances, and furniture.
Here’s a comparison table summarizing the festive offers from various credit cards:
Credit Card Provider | Cashback Offers | Discounts | EMI Options | Reward Points | Additional Benefits |
---|---|---|---|---|---|
HDFC Bank | Up to 10% on Amazon, Flipkart | Special discounts on electronics, fashion, home appliances | No-cost EMI for 3, 6, or 12 months | Increased points on dining and partner stores | Exclusive deals at restaurants and hotels |
ICICI Bank | Up to 15% on electronics, fashion | Discounts on groceries, travel, and more | Easy EMI without processing fees | Enhanced points on travel and dining | Deals on international travel bookings |
SBI Credit Cards | 10% cashback on e-commerce platforms | Special deals on home decor, electronics, and fashion | No-cost EMI on large purchases | Higher reward points on fuel, OTT, and food delivery | Offers on utility bill payments and DTH recharges |
Axis Bank | Up to 10% on Amazon, Flipkart | Discounts on dining, groceries, and fuel | No-cost EMI on big-ticket items | Increased points on festive shopping | Cashback on travel bookings |
Kotak Mahindra | Up to ₹10,000 cashback on select items | Special offers on electronics, furniture, and home appliances | No-cost EMI on electronics and appliances | Additional rewards for festive purchases | Partnered platform discounts |
How to Maximize Savings During Festive Sales
Plan Large Purchases: If you want to buy big-ticket items like smartphones, laptops, or home appliances, now is the time to take advantage of no-cost EMIs and combine these with platform-based discounts to save more.
– Utilize Multiple Cards: If you have multiple credit cards, check the offers from each and use them accordingly for different categories of purchases.
– Check Merchant-Specific Deals: Many banks partner with specific merchants to offer exclusive discounts. Make sure to check these deals before making a purchase.
– Use Reward Points: Some cards offer increased reward points during festive sales, which can be redeemed for future purchases or cashback.
Conclusion
Festive season shopping can be an excellent opportunity to purchase at discounted rates and earn cashback and rewards using credit cards. With careful planning and choosing the right card, you can maximize savings on a wide range of products. You can maximize this festive season by taking advantage of cashback offers, discounts, no-cost EMI, and other card-specific promotions.