Best Credit Cards for Grocery Shopping

Going to a supermarket is an unavoidable visit and not to mention expensive. However, credit cards can take the load off the wallet while shopping but selecting the best credit card to optimise savings can be challenging. But don’t worry! There are several credit cards designed just for grocery shopping that offer tremendous points and benefits. 

This guide compiles a list of the best credit cards for grocery shopping. Continue reading to discover the right card for you and save immediately!

Why Choose a Credit Card for Grocery Shopping?

Groceries account for a sizable portion of average household spending. It is an unavoidable expense, and credit cards help reduce spending. The best credit cards for grocery shopping provide the following advantages that make them an appealing option.

• It offers convenience. Using a credit card at the grocery shop is a quick and easy way to pay for your items.
• It eliminates the need to carry cash or write checks. 
• Credit card payments also provide greater security against fraudulent transactions. 
• Grocery shoppers can earn points or cash back for their purchases through the rewards programs.  
• Some cards even provide sign-up incentives, making them especially appealing to supermarket buyers.

Best Grocery Credit Cards in India for 2023

After careful analysis, this guide has presented the best credit card for grocery shopping. Follow the list given below.

Amazon Pay ICICI Bank Credit Card

• There is no joining or annual fees
• Amazon Prime members can get 5% cashback. 
• For non-prime members, the payback will be within 3% of the purchase price.
• Amazon Cards’ default cashback rate is as low as 1%.

Suitability

Amazon is one of the most prominent platforms that sell a vast range of products where one may discover practically anything. A prime user can receive 5% cashback, while the reward for others is limited to 3%. However, the Amazon Card’s default cashback rate is 1%.  You should get this card if you use Amazon for the majority of your grocery needs, but because it is free for life, having it in your wallet is not a bad idea.

American Express SmartEarn™ Credit Card

• 10X Reward Points on Flipkart, Amazon, and Uber
• 5X Membership Reward Points on Paytm Wallet, Swiggy, PVR, Myntra, and other websites
• All other categories get 1 Membership Reward Point for every Rs. 50 spent.
• After achieving the spending requirements, you will get a milestone benefit of up to 1,250 reward points.
• Spend Rs. 10,000 within the first 90 days and receive Rs. 500 cashback.

Suitability

If you want to receive rewards in the form of reward points, a card may be a good option for you. The card allows users to earn faster on Flipkart, Amazon, Blinkit, and BigBazaar, allowing them to avoid being limited to a single platform. The base rate is outstanding, and with careful card use, you can easily earn considerable points and redeem them later to save even more money on groceries.

Flipkart Axis Bank Credit Card

• 5% cashback on Flipkart and Myntra purchases
• Cashback of 4% on selected merchants (Cure.fit, Swiggy, PVR, and Uber).
• Other categories: 1.5% cashback
• Joining and activation rewards totalling Rs. 2,900 from Flipkart, MakeMyTrip, Goibibo, Gaana, and Myntra
• Every year, four complimentary domestic lounge visits are provided.

Suitability

When compared to other cards on the market, Flipkart’s flat cashback rate is relatively significant. In addition, unlike the Amazon Pay ICICI Card, which credits cashback in the form of an Amazon Pay balance, the Flipkart card keeps things simple with a direct statement credit methodology. Whatever cashback you earn will be transferred immediately to your credit card account, eliminating the need to convert rewards to cashback.

Axis Bank Rewards Credit Card

• 10X reward points, up to 7,000 points per month, on every Rs. 125 spent at departmental stores and on apparel
• 2 EDGE Reward points on every Rs. 125 spent
• 30% off up to Rs. 150 per food delivery via Swiggy
• 2 complimentary domestic airports lounge access per quarter
• 5,000 EDGE Reward points on spending at least Rs. 1,000 within 30 days after card issuance
• 1,500 EDGE Reward points on spending Rs. 30,000 in a statement cycle
• 15% off up to Rs. 500 at partner restaurants

Suitability

The EDGE Reward points you earn are automatically credited to your account and can be redeemed for items, coupons, or services from the Axis Bank rewards catalogue. Overall, this is a good option if you want a card that allows you to save money on groceries and are willing to pay an annual cost of Rs. 1,000, which you can quickly recover through the reward points you earn.

Standard Chartered Manhattan Platinum Credit Card

• 5% cashback on your expenses at supermarkets
• 3X reward points on your expenses in other categories
• Exclusive offers and discounts on select partnered merchants
• Contactless payments by tapping your credit card on the PoS machine

Suitability

There is no maximum amount of cashback available. Though the card only offers cashback in one category, the good news is that you may also earn reward points on other purchases. This credit card is well worth having because of the numerous deals on movies, eating, and travel. 

YES Prosperity Cashback Credit Card

• 5% cashback on grocery shopping and movie ticket bookings 
• 0.50% cashback on all other retail spends
• 5% cashback on bill payments via YES PayNow
• Welcome cashback of Rs. 250 on spending Rs. 2,500 within 30 days of card activation
• 1% fuel surcharge waiver at all fuel stations across India

Suitability

The YES Bank Prosperity Cashback Credit Card not only offers 5% cashback on grocery purchases but also on utility bill payments, including rent payments, mobile recharge, telephone bill payments, gas and electricity bill payments, and utility bill payments made through YES Bank’s PayNow program.

Nature’s Basket SBI Credit Card

• A welcome benefit worth Rs. 1,499 along with Nature’s Basket ‘Epicure’ loyalty program.
• 10 reward points on Nature’s Basket; 5 reward points on travel, dining and movies and 1 reward point on other categories – on every Rs. 100 spent
• 4 complimentary visits per year (subject to 1 per quarter)
• 1% fuel surcharge waive across all petrol pumps
• Gift voucher worth Rs. 3,000 on spending Rs. 3 lahks or more

Suitability

The Basket of Nature SBI Credit Card is one of two co-branded credit cards issued by SBI Cards in collaboration with Nature’s Basket. The card is designed for gourmet characteristics while also providing rewards in other categories, such as dining, travel, and entertainment. If you’re searching for a card that has all-around benefits but is also focused on grocery shopping, this is the card for you.

Axis Bank Select Credit Card

• 20% off (max. Rs.500) on BigBasket, once per month
• 40% off (max. Rs.200) on Swiggy twice a month
• 10 Axis EDGE reward points for every Rs. 200 spent
• 2X reward points per Rs. 200 on retail shopping spends
• Amazon voucher worth Rs. 2,000 on your first transaction
• 2 complimentary domestic lounge visits per quarter

Suitability

The Axis Bank Select Credit Card is a premium credit card that provides you with multifaceted perks on your expenses. You can save money not only on groceries but also on other expenditures such as movies, clothing, and travel. The rewards rate on this credit card ranges from 1% to 2%. Memberships, discounts, rewards, lounge access, and other premium perks are available with the card. 

Comparison of the Best Cards

The following table compares the best credit cards for grocery shopping. Kindly go through it to get clarity.

Credit Card Name	Best Features	Joining Fee	Annual Fee
Axis Bank Select Credit Card	20% off (maximum Rs. 500) on BigBasket (once per month) 10 Axis EDGE reward points per Rs. 200 spent	Rs. 3,000 (Nil for Burgundy)	Rs. 3,000 (Nil for Burgundy)
Amazon Pay ICICI Bank Credit Card	5% cashback for Prime users  3% cashback for others on transactions through Amazon	Nil	Nil
Yes Prosperity Cashback Credit Card	Get up to 5% cash back on grocery shopping  0.50% cashback on all other retail spends	Rs. 999	Rs. 999
Flipkart Axis Bank Credit Card	5% cashback on Flipkart and Myntra 4% cashback on  preferred merchants	Rs. 500	Rs. 500 from the second year onwards
Nature’s Basket SBI Credit Card	10 reward points on spends done through Nature’s Basket 5 reward points on dining, travel, and movies 1 reward point on other categories	Rs. 1,499	Rs. 1,499
Standard Chartered Manhattan Platinum Credit Card	5% cashback on your expenses at supermarkets 3x reward points on your expenses in other categories	Rs. 999	Rs. 999
Axis Bank Rewards Credit Card	10X reward points on every Rs. 125 spent on departmental stores and apparel	Rs. 1,000	Rs. 1,000
American Express SmartEarn Credit Card	10X membership rewards on Uber, Amazon and Flipkart;  5X rewards on transactions at Paytm Wallet, Swiggy, Grofers, Big Bazaar, PVR, Myntra, etc.	Rs. 495	Rs. 495

Tips for Maximising Grocery Credit Card Rewards

Credit card reward points can be quickly gained these days if you know how to do it. Every credit card company will provide a reward program scheme in order to differentiate itself from its competition and, of course, to improve its overall customer base. As a result, for every dollar spent, you will receive reward points that can be redeemed.

• When comparing different credit card alternatives, pay attention to the fine print because some stores may not qualify for these added points, or there may be a spending limit.
• Check for a card that not only meets your lifestyle requirements but also pays off well.
• To optimise your credit card’s rewards potential, you must use it on a regular basis. This includes utilising it when shopping for groceries and other things, as well as at gas stations and medicine stores.
• Some grocery stores award higher points for specific items or brands. Always check the store’s promos and take advantage of any available rewards.
• It can be tempting to keep using the card while you have rewards points, but remember to pay off any balances before they start earning interest. This will assist you in lowering your overall costs.
• For new clients, several grocery credit cards offer generous sign-up incentives. Before signing up, carefully read the terms and conditions.

How to Choose the Right Grocery Credit Card

Review the Annual Fees

Many credit cards do not have annual fees, but some do. Many of the top rewards credit cards include an annual fee. Consider your budget and whether you can afford an annual charge before settling on a credit card for groceries.

Evaluate the Cashback Rates

Examine the cashback rates of available cards before applying for a grocery rewards credit card. Getting a card with a higher cashback rate may help you increase your earnings and make it simpler to earn cash back faster, especially if you shop at the grocery store frequently.

Analyse Card Benefits

Some supermarket rewards credit cards allow cardholders to earn rewards in categories other than groceries, which could help you optimise your earning potential.

Reward Restrictions

Many credit card companies advertise that their credit cards provide better cash back or discounts. However, many offers may have a cap on the maximum discount/cashback you can receive. As a result, you should carefully examine the terms and conditions to determine the benefit cap.

Understand the Spending Cap

Some rewards credit cards include spending constraints or limits on how many rewards you can earn in a given category. Knowing this is vital because it can help you assess a card’s rewards potential.

Conclusion

Finally, the best credit cards for grocery shopping are ones that provide not only the best cashback rewards but also the finest perks and promos. You should seek a card that allows you to maximise your expenditure and make the most of your grocery shopping, from higher loyalty points to cashback benefits. In order to save even more money, get credit cards with low-interest rates and no foreign transaction fees. Finally, the best credit card for grocery shopping is the one that matches your spending habits and rewards you for the purchases you make.