🕒 Last updated on: April 18, 2026
Buying jewelry is one of the most preferred investment option as well as the most significant expenses for Indian households, especially during weddings or festive seasons. While most banks are tightening their belts and excluding “Gold & Jewelry” from their rewards programs, there are still some “hidden gems” that can save you thousands.
Presenting you the 5 Best Credit Cards to Buy Gold Online (working as of April, 2026). Before we move forward, if you are interested in Gold and Other Good Deals then checkout our WhatsApp Channel: Good Deals Only and follow if you like. Now, let’s continue with the blog.
Disclaimer: This blog may include partnered links, but this does not affect our rankings or reviews. Our goal is to provide unbiased information to help you make an informed decision.
5 Best Credit Cards to Buy Gold Online
In this blog, we’ve reviewed 5 best credit cards to buy gold online and maximize your savings. Based on our analysis of its value back and cost-benefits analysis, here’s our detailed recommendation:
1. SBI Cashback Credit Card: The King
SBI Cashback Card offers flat 5% cashback up to ₹2,000/month on any your online spends and on any platform and thus correctly titled as ‘The King of Cashback Cards’ by many netizens.
- Joining & Annual Fees: ₹999 + GST
- Payment Offer: 5% Cashback up to ₹2,000/month (W.e.f. 1st April, 2026) on Online Spends
- 5% Cashback on direct purchases from AJIO for Gold (as of now AJIO doesn’t send different MCC for Gold/Silver)
- The Hack: Buy gift vouchers for platforms like Tanishq, Kalyan, or Amazon from platforms like CRED App. You get upfront discount plus 5% Cashback on the voucher purchase (online spend), which you then use to buy gold.
Fees & Eligibility
- Joining Fees: ₹999 + 18% GST
- Annual Fees: ₹999 + 18% GST
- Eligibility:
- Age: 21 to 65 years
- Employment: Both salaried and self-employed individuals
- Minimum Income: ₹30,000
- Credit Score: Preferable 750+ with no delayed payments in the past 12 months
- New-to-Credit: Allowed only for salaried applicants
More Details
- Flat 5% cashback on all online spends, without any merchant restrictions.
- 1% cashback on all offline transactions.
- Cashback is auto-credited to your card statement, so there is no hassle of point conversion.
- Annual fee of ₹999 is waived off on spends of Rs. 2 lakh or more in the previous year.
- Excluded Categories: Fuel, Insurance, Utility payments, Jewelry, Rent payments, Wallet loads, School/Education fees, and Railway bookings, etc.
- No Complimentary Lounges (Airport/Railway Lounge) Offered.
- Cashback Limit Update: W.e.f. 1st April, 2026 the 5% cashback limit is reduced from ₹5,000 (earlier) to ₹2,000 per month.
- Some Related Tricks and Deals for Gold Purchase shared in Our WhatsApp Channel.
2. Axis Flipkart Credit Card: 7.5% Cashback
- Joining & Annual Fees: ₹500 + GST (or may offered as First Year Free)
- Offers: 5% Cashback on Flipkart and 7.5% Cashback on Myntra (up to ₹4,000/quarter)
- The Hack: With the Flipkart Credit Card, you can claim 7.5% Cashback on Gold Purchase from Myntra (during BLINKDEALs) using the trick shared here in our WhatsApp Channel.
Fees & Eligibility
- Joining Fees: ₹500 + GST (or First Year Free)
- Annual Fees: ₹500 + 18% GST (Waived off on spends of ₹3,50,000 or more in previous year)
- General Eligibility:
- Age: 21 to 65 years
- Employment: Both salaried and self-employed
- Salaried Income: ₹15,000/monthly
- Self Employed: ₹30,000/month
- Credit Score: 730+
- New-to-Credit: Not Allowed
More Details
- 7.5% cashback up to ₹4,000/quarter on Myntra Spends
- 5% cashback up to ₹4,000/quarter on Flipkart Spends (except Flipkart health)
- 5% cashback up to ₹4,000/quarter on Cleartrip Spends
- 4% Unlimited Cashback on Swiggy, PVR, Uber, and Cult.fit
- 1% Unlimited Cashback on other eligible spends
- Welcome Benefit: Up to ₹1250 Gift Vouchers (minimum ₹250) depending upon current promotional offers.
- No Airport/Railway Lounge Access
- Excluded Categories: Rent, Utilities, Fuel, Insurance, EMI, Jewelry, Govt spends, Wallet loads & similar spends
3. Tata Neu Infinity Credit Card
- Joining & Annual Fees: ₹1,499 + GST or (maybe offered as Lifetime Free Card)
- Offers: 5% NeuCoins on Big Basket, Tata Cliq, Tanishq and more.
- The Hack: Buy Gold Online through Big Basket, Tata Cliq or Tanishq (Online/Offline) and get 5% cashback as NeuCoins. OR buy vouchers through Tata Neu’s Gift Card section and earn 5% or more NeuCoins as cashback with Tata Neu Infinity Credit Card.
Fees & Eligibility
- Joining Fees: First Year Free
- Annual Fees: ₹1,499 + 18% GST (or LTF)
- Eligibility:
- Required Age: 21 to 65 years
- Employment: Both salaried and self-employed individuals
- Salaried Income: ₹1,00,000/monthly (For Neu Infinity Plus)
- Self Employed: ₹12,00,000/annum (For Neu Infinity Plus)
More Details
- Welcome Benefit: 1499 Neucoins on payment of Joining Fees.
- Minimum 5% back as NeuCoins on shopping on Tata Neu or TATA Brands
- Additional 5% back as NeuCoins for Legend NeuPass Members for orders through Tata Neu App
- 1.5% back as NeuCoins on Non-Tata brand spends and any merchant EMI spends
- 1.5% back as NeuCoins, up to 500 NeuCoins per month, on UPI spends via RuPay card variant
- Complimentary Airport Lounge Access on minimum spend of Rs 50,000 last quarter (1/Quarter for International and 2/Quarter for Domestic Airport Lounges)
4. Amazon Pay ICICI Credit Card
- Joining & Annual Fees: Lifetime Free
- Offers: Unlimited 5% Cashback on shopping through Amazon for Amazon Prime Members (Gold Coins/Bars are ineligible for cashback).
- The Hack: Buy Gold (or Silver) Pendants/Rings/Jewelry online through Amazon and Get unlimited 5% cashback on purchase with the Amazon Pay ICICI Card (along with promotional jewelry cashback offers).
Fees & Eligibility
- Joining Fees: Nil
- Annual Fees: Lifetime Free Card
- Eligibility:
- Required Age: 21 to 65 years
- Employment: Both salaried and self-employed individuals
- Salaried Income: ₹20,000/month
- Self Employed: ₹30,000/month
More Details
- Joining and Annual Fees: Nil
- Cashback Credited as Amazon Pay Balance use it for shopping or recharge/bill payments
- Unlimited 5% cashback on Amazon Shopping spends for Amazon Prime Members
- Unlimited 3% cashback on Amazon Shopping for non-prime members
- Unlimited 2% cashback on partner spends
- Unlimited 1% cashback on any other spends
- Joining Benefits: Amazon Prime and Shopping Cashback Offers
- Invite-only Program
- No Airport/Railway Lounge Access
5. Amex Platinum Travel Credit Card
- Joining & Annual Fees: ₹5,000 + GST
- Offers: Roughly 8-10% value back when redeemed for travel or Marriott Bonvoy stays.
- The Hack: Best Card for Heavy Investors/Buyers, use it for large jewelry purchases and hit spend-milestones. Spending ₹4 Lakh in a year (easy to do during wedding shopping) nets you over 48,000 Membership Reward points and ₹10,000 in Taj vouchers.
Fees & Eligibility
- Joining Fees: ₹5,000 + 18% GST
- Annual Fees: ₹5,000 + 18% GST
- Eligibility:
- Required Age: Over 18 years
- Employment: Both salaried and self-employed individuals
- Income: ₹6,00,000/Annual
More Details
- Spending ₹15,000 within 90 days of Card membership entitles you to a Welcome Gift of 10,000 Membership Reward points
- Reaching spend threshold of Rs. 1.9 Lakhs every membership year and get 15,000 bonus Membership Rewards points that can be redeemed on Platinum Travel Collection or Pay with Points option in Amex Travel Online.
- Reaching spend threshold of Rs. 4 Lakhs every membership year and get additional 25,000 bonus Membership Rewards points and a Taj Stay voucher worth Rs. 10,000 from Taj, SeleQtions and Vivanta Hotels.
- Excluded Categories: Spend on Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at Point of Sale.
Conclusion: Which Card Should You Pick?
Choosing the right card for jewelry depends entirely on how you shop. Do you prefer buying online or offline? If you’re a savvy online deal-hunter who frequently shops online then the SBI Cashback Card + Voucher hack offers the best versatility.
But, if you are a big buyer/investor or just planning a massive purchase maybe for a wedding, the Amex Platinum Travel remains the heavyweight champion for milestone rewards and the other option can be Scapia Credit Card offering 2% Cashback on Jewelry. Whichever you choose, always remember to check the merchant’s MCC code and avoid EMI transactions if you want to keep your reward points intact!
Apply for whatever credit card suits your shopping habits but don’t forget to subscribe to our WhatsApp Channel: Good Deals Only, if you don’t want to miss out on Gold Savings!
Saurabh | Founder & Content Writer at CreditCult.in
For the last 7 years, I’ve been obsessed with the Indian credit ecosystem—testing cards, deconstructing reward programs, and finding the tiny loopholes banks don’t want you to see. I don’t just write about these accounts; I use them daily to ensure the advice I give is backed by real-world results.
Interested in Federal Scapia Credit Card? I would highly recommend you to checkout my personal review blog on Federal Scapia Credit Card and discover everything you should know about it before applying for it.
