Smart Ways To Maximize Savings This Diwali: Top Credit Card Offers, Get Up to 7.5% Cashback
As the Festive Season rolls in, so do the productive deals and Discounts. This Diwali, If you plan to shop online, using the right credit card can help you save significantly. Credit cards have evolved into more than just a payment method; they now offer an array of rewards and cashback opportunities. Here are some ways to save money using credit cards this Diwali and get up to 7.5% cashback, with details on how you can maximize your savings through top offers.
1. Earn Cashback on Every Purchase (UP to 7.5%)
Many credit cards offer generous cashback on shopping, mainly during the festive season. Some cards give you flat cashback on all purchases, while others provide enhanced cashback on specific categories such as groceries, fuel, or electronics. This Diwali, look out for special cashback offers ranging from 5% to 7.5% on popular shopping categories.
Important tip: check if your credit card has partnerships with e-commerce platforms like Amazon, Flipkart, or Myntra, where you can get exclusive cashback deals. Be mindful of the cashback cap, as some limit the maximum cashback you can earn.
2. Use No-Cost EMI for Expensive Purchases
Purchasing big items like furniture, electronics, or home appliances can put a strain on your finances. Many credit cards offer no-cost EMIs, allowing you to expand your payments over several months without paying any interest. this will help you manage your budget more efficiently while still enjoying festive deals.
Important Tip: Before opting for an EMI, ensure there are no hidden fees such as processing charges. Compare different card offers to get the best no-cost EMI plan for your needs.
3. Leverage Festive Discounts & Promo Codes
Many credit card companies and banks collaborate with retailers to offer exclusive discounts. During Diwali, these discounts come in the form of promo codes that can be applied at checkout for additional savings.
Important Tip: always keep an eye on your credit card’s app or bank’s website for specific Diwali offers. You can often stack these discounts with regular festive sales on platforms like Flipkart and Amazon to maximize your savings.
4. Avail special offers on Online Shopping
While online shopping sees the biggest discounts during Diwali, brick-and-mortar stores also participate in the festive season.
Important Tip: Check if your credit card has tie-ups with local retailers or large chain stores. You can save up to 5%–10% on offline purchases through cashback, discounts, or reward points, especially in categories like apparel, groceries, and lifestyle products.
5. Take Advantage of Reward Points
Saving money during Diwali credit card reward programs is another great way. On every purchase, you can earn reward points, which can be redeemed for vouchers, cashback, or even free products. Some cards also offer higher reward points for shopping at partner stores.
Important Tip: Collect your reward points strategically and redeem them for Diwali gifts or shopping vouchers. Certain cards offer bonus reward points during the festive season, so this is the perfect time to rack up more points.
Top Credit Card Offers for Diwali Shopping 2024
Here are a few popular credit cards that offer savings during Diwali:
HDFC Millennia Credit Card: Up to 5% cashback on Amazon, Flipkart, and offline stores; no-cost EMI options. 1% cash back on other spends,
gift voucher worth Rs. 1,000 or 1 domestic lounge access on spending Rs. 1 lakh in a quarter, 1,000 CashPoints on the payment of joining and renewal fees.
SBI SmplyCLICK Credit Card: 10X reward points for shopping on Amazon, Flipkart, and other partner brands. 1% cash back on offline spending, 1% fuel surcharge waiver across all fuel stations in India.
ICICI Amazon Pay Credit Card: 5% cashback on Amazon purchases for Prime members, 2% cashback on utilities and more. 3% cashback on Amazon for Non-Prime members, 1% cashback on other spends, 3 months complimentary Amazon Prime membership, Activation benefits worth Rs. 2,000.
Axis Bank Flipkart Credit Card: 5% cashback on Flipkart, Myntra, and 1.5% on all other spends. 4% cashback on Swiggy, Zomato and Ola
1.5% cash back on other spends, 4 domestic lounge visits in a year on spending Rs. 50,000 in the previous 3 months.
Flipkart Axis Bank Credit Card: 5% cashback on Flipkart and Cleartrip, 4% cashback on Cult.fit, PVR, Swiggy & Uber, 1% cashback on other spends, Flipkart voucher worth Rs. 500 & up to Rs. 100 discount on first Swiggy order as welcome benefits, 4 complimentary domestic lounge visits every year on spending Rs. 50,000 in the previous 3 months.
Using your credit card smartly will help you stretch your budget further this Diwali. Whether you’re shopping for gifts, home essentials, furniture, electronics etc., these strategies can help you save money while enjoying the festive season.
By taking advantage of cashback, reward points, and no-cost EMI options, your credit card can become a powerful tool for managing your expenses and getting more value out of every purchase this festive season.
