5 Best Credit Cards to Buy Gold Online | Maximize Cashbacks
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. Here is your definitive guide to the Best Credit Cards for Jewelry Purchases in 2026. 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 value back, its cost and overall benefits, here’s our detailed recommendation: 1. SBI Cashback Credit Card: The King Apply Now Joining & Annual Fees: ₹999 + GST Offers: 5% Cashback up to ₹5,000/month The Hack: Buy gift vouchers for platforms like Tanishq, Kalyan, or Amazon from reward platforms like CRED App or other eligible portals. You get upfront discount plus 5% Cashback on the voucher purchase (online spend), which you then use to buy gold. 2. Swiggy HDFC Credit Card: 10% Cashback Apply Now Joining & Annual Fees: ₹500 + GST or Lifetime Free Offers: 10% Cashback on Swiggy Platform (up to ₹1,500/statement) The Hack: Buy Gold Coins (1g per month for best rate) through Swiggy Instamart and get 10% Cashback up to ₹1500 per statement cycle. (I myself got cashback for MCC: BUNDL TECHNOLOGIESBENGALURU) 3. Tata Neu Infinity Credit Card Apply Now Joining & Annual Fees: ₹1,499 + GST or may offer as LIfetime Free Offers: 5% NeuCoins on Big Basket and Tanishq (Extra Neucoins on purchase through Tata Neu App) The Hack: Buy Gold Online through Big Basket 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. 4. Amazon Pay ICICI Credit Card Apply Now Joining & Annual Fees: Lifetime Free Offers: Unlimited 5% Cashback on shopping through Amazon as Amazon Pay Balance (Gold Coins/Bars are ineligible for cashback) The Hack: Buy Gold Pendants/Rings online through Amazon and Get Unlimited 5% Cashback on it (along with promotional jewelry cashback offers). 5. Amex Platinum Travel Credit Card Apply Now Joining & Annual Fees: ₹3,500 (1st year) / ₹5,000 (2nd year onwards) Offers: Roughly 8-10% value back when redeemed for travel or Marriott Bonvoy stays. The Hack: Use it for large jewelry purchases to 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. Conclusion: Which Card Should You Pick? Choosing the right card for jewelry depends entirely on how you shop. If you’re a savvy deal-hunter, the SBI Cashback card + Voucher hack offers the best versatility. For those buying gold coins or small gifts, the Swiggy HDFC card provides an unbeatable 10% return. However, if you are planning a massive purchase for a wedding, the Amex Platinum Travel remains the heavyweight champion for milestone rewards. 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! 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.
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