Diwali means big spending on electronics, gifts, clothes, sweets and home items, both online and in stores. The right card can save you thousands across all of it.
These cards cover the biggest festive spending categories.
When: October–November
Why we picked it: Cashback on almost any online store (check the reduced monthly cap).
Since April 2026 the monthly cashback cap is lower (reported as about ₹2,000 on 5% online spends; check the latest terms). Fuel, rent and wallet loads are excluded.
HDFC Bank · Visa / Mastercard
Why we picked it: 5% on Amazon, Flipkart, Myntra and other popular brands.
5% cashback is capped monthly (reported around ₹1,000) and credited as CashPoints you redeem against your statement.
ICICI Bank · Visa
Why we picked it: 5% on Amazon for Prime members, with no annual fee.
Axis Bank · Mastercard
Why we picked it: 7.5% on Myntra and 5% on Flipkart for festive fashion and electronics.
Why we picked it: 10% on groceries and dining, which helps with festive groceries and family dinners.
The 10% cashback has a monthly cap (reported ₹1,000–₹1,200). From late 2026 lounge access is reported as 2 domestic + 1 international visit a year.
| Card | Best for | Annual fee | Headline benefit | Lounge |
|---|---|---|---|---|
| Cashback SBI Card | Online shopping | ₹999 | 5% online cashback | None |
| HDFC Millennia Credit Card | Online brands cashback | ₹1,000 | 5% on 10 brands | Domestic (spend-based) |
| Amazon Pay ICICI Credit Card | Amazon shoppers | Free | 5% on Amazon | None |
| Flipkart Axis Bank Credit Card | Flipkart & Myntra | ₹500 | 7.5% on Myntra | None |
| HSBC Live+ Credit Card | Dining & groceries cashback | ₹999 | 10% on dining & groceries | 2 domestic + 1 international / year |
Still unsure? Use the card finder to see which card earns the most on your own spends.
For online shopping, Cashback SBI Card and HDFC Millennia. For Amazon, Amazon Pay ICICI, and for Flipkart and Myntra, Flipkart Axis Bank.