Are you looking for the best credit cards for everyday spending in India? With so many options available, it can be challenging to find the right credit card that maximises your rewards on everyday purchases like groceries, fuel, dining out, and more. In this article, we’ll explore some of the top credit cards for daily purchases and help you choose the one that best suits your lifestyle and spending habits.
Understanding Everyday Spending Credit Cards
Everyday spending credit cards are designed to reward you for your most common purchases. These cards typically offer higher reward rates on categories like supermarket spends, fuel refills, restaurant bills, and utility payments. By using the right credit card for your daily expenses, you can earn valuable points, miles, or cashback that can add up to significant savings over time.
For example, let’s say you spend an average of ₹10,000 per month on groceries, ₹5,000 on fuel, and ₹3,000 on dining out. With a credit card that offers 5% cashback on these categories, you could earn ₹900 per month or ₹10,800 per year in rewards, just by using your card for everyday purchases.
Top Picks for Everyday Spending
1. HDFC Bank MoneyBack Credit Card
The HDFC Bank MoneyBack Credit Card is a popular choice for those seeking a straightforward cashback card. With this card, you can earn:
- 5% cashback on grocery spends
- 5% cashback on utility bill payments
- 1% cashback on all other spends
Additionally, the card offers a welcome bonus of ₹1,000 cashback on spending ₹5,000 within the first 60 days. The annual fee of ₹500 is waived off if you spend ₹50,000 or more in a year.
2. SBI SimplyCLICK Credit Card
The SBI SimplyCLICK Credit Card is an excellent option for online shoppers and those who prefer to earn reward points from credit cards on everyday spending. Key features include:
- 10X reward points on online spends (excluding wallet load and travel categories)
- 5X reward points on grocery spends
- 1X reward point on all other spends
- Annual fee of ₹499, waived off on spending ₹1 lakh or more in a year
You can redeem your reward points for gift vouchers, merchandise, or statement credit through the SBI Card Rewards Catalogue.
3. American Express SmartEarn Credit Card
If you’re looking for a premium everyday spending credit card, the American Express SmartEarn Credit Card is worth considering. This card offers:
- 10% cashback on Uber rides, Swiggy orders, and Flipkart spends
- 5% cashback on groceries, telecom spends, and utility payments
- 1% cashback on all other spends
- Complimentary domestic airport lounge access
- Annual fee of ₹495, waived off on spending ₹40,000 or more in a year
The cashback you earn is automatically credited to your account every month, making it easy to enjoy your rewards.
Comparing Everyday Spending Credit Cards
To find the top credit cards for daily purchases, consider factors like:
- Reward rates on your most frequent spending categories
- Welcome bonus and annual fee
- Redemption options and flexibility
- Additional benefits like lounge access, insurance coverage, etc.
Here’s a quick comparison table of the three cards we discussed:
| Card | Reward Rates | Welcome Bonus | Annual Fee |
| HDFC Bank MoneyBack Credit Card | 5% cashback on groceries and utility bills, 1% on others | ₹1,000 | ₹500, waived off on a ₹50,000 spend |
| SBI SimplyCLICK Credit Card | 10X points on online spends, 5X on groceries, and 1X on others | None | ₹499, waived off on a ₹1 lakh spend |
| American Express SmartEarn Credit Card | 10% cashback on Uber, Swiggy, and Flipkart; 5% on groceries, telecom, and utilities; and 1% on others | None | ₹495, waived off on a ₹40,000 spend |
As you can see, each card has its own strengths and benefits. Consider your spending patterns and reward preferences to find the best fit for you.
Making the Most of Your Everyday Spending Card
Once you’ve chosen the right credit card for your daily purchases, here are some tips to maximise your rewards:
- Use your card consistently for all eligible spends to accumulate points or cashback quickly.
- Pay your credit card bills in full and on time to avoid interest charges and late payment fees.
- Redeem your rewards regularly to enjoy the benefits and prevent them from expiring.
- Review your card’s features and benefits periodically to ensure you’re making the most of them.
- Monitor your spending and stick to a budget to avoid overspending just to earn rewards.
By following these best practices, you can turn your everyday spending into valuable rewards with credit cards without compromising your financial health.
Summing Up
Choosing the best credit card for everyday spending can help you earn substantial rewards on your daily purchases. Whether you prefer cashback, reward points, or travel miles, there’s a card that can suit your needs and lifestyle.
If you’re looking for a reliable partner in your financial journey, consider the range of credit cards offered by Airtel Finance. With competitive reward rates, flexible redemption options, and a user-friendly mobile app, Airtel Finance can help you make the most of your everyday spends. Plus, you can easily check your credit score for free and get personalised offers based on your profile.
Take the first step towards smarter everyday spending today. Compare credit card options, choose the one that aligns with your goals, and start earning rewards on your daily purchases!
FAQs
- What is the best credit card for everyday spending in India?
The best credit card for everyday spending depends on your individual spending patterns and reward preferences. Some top options include the HDFC Bank MoneyBack Credit Card, SBI SimplyCLICK Credit Card, and American Express SmartEarn Credit Card.
- How can I earn maximum rewards on my daily purchases?
To earn maximum rewards with your credit card on your daily purchases, choose a card that offers high reward rates on your most frequent spending categories like groceries, fuel, dining, and utilities. Use your card consistently for these spends and pay your bills on time to accumulate rewards quickly.
- What factors should I consider when choosing an everyday spending credit card?
When selecting an everyday spending credit card, consider factors such as reward rates on your preferred categories, welcome bonus, annual fee, redemption options, and additional benefits like lounge access or insurance coverage. Compare multiple cards and choose the one that best aligns with your spending habits and goals.
- How can I redeem the rewards earned on my everyday spending credit card?
Redemption options vary across credit cards. Most cards allow you to redeem your rewards for cashback, gift vouchers, merchandise, travel bookings, or statement credit. Some cards also let you convert your reward points to frequent flyer miles or hotel loyalty points. Check your card’s reward catalogue and redemption terms to explore your options.
- Can using a credit card for everyday spending affect my credit score?
Using a credit card for everyday spending can actually help improve your credit score, provided you use your card responsibly. Make sure to keep your credit utilisation low, pay your bills in full and on time, and monitor your credit report regularly. Airtel Finance offers a free credit score check service that can help you keep track of your credit health.
