Online subscriptions have become an essential part of daily life, covering entertainment, shopping, and learning. Whether it’s Netflix, Amazon Prime, Spotify, or online courses, people frequently spend on these services. Choosing the right credit cards for rewards on online subscriptions can help users maximize savings and earn valuable rewards. The best credit cards offer cashback, discounts, and bonus points on subscription payments, making them a smart choice for regular users. In this article, we will explore the top options and their benefits.
Credit Cards for Rewards on Online Subscriptions
Many banks in India provide credit cards that offer rewards on online subscription payments. These rewards can be in the form of cashback, discounts, or reward points that can be redeemed later. Below are some of the best options available:
HDFC Millennia Credit Card
- Rewards: 5% cashback on Amazon Prime, Hotstar, Netflix, Zomato, and Swiggy.
- Annual Fee: ₹1,000 (waived on spending ₹1 lakh annually).
- Why Choose It? This card is great for those who frequently use online streaming and food delivery services. The cashback is automatically credited as reward points.
Axis Bank ACE Credit Card
- Rewards: 5% cashback on OTT subscriptions like Netflix and Hotstar.
- Annual Fee: ₹499 (waived on spending ₹2 lakh annually).
- Why Choose It? This card provides good cashback on subscriptions and also benefits users with savings on daily expenses.
SBI Cashback Credit Card
- Rewards: 5% cashback on all online transactions, including subscriptions.
- Annual Fee: ₹999.
- Why Choose It? This card is useful for people who frequently shop and pay for digital services online. The cashback is automatically credited to the statement balance.
ICICI Amazon Pay Credit Card
- Rewards: 5% cashback on Amazon Prime subscriptions and shopping.
- Annual Fee: Free for lifetime.
- Why Choose It? Amazon Prime users can save on both subscriptions and online shopping with this card.
RBL Bank Play Credit Card
- Rewards: Free Zee5 membership and discounts on other subscriptions.
- Annual Fee: ₹500.
- Why Choose It? It is best for those who regularly use Zee5 and want extra benefits on entertainment spending.
How to Choose the Right Credit Card for Subscriptions?
When selecting the best credit card for rewards on online subscriptions, consider the following points:
- Subscription Services Covered: Check whether the card provides rewards on your preferred platforms, like Netflix, Amazon Prime, Jio Hotstar, or music streaming apps.
- Reward Type: Some cards offer cashback, while others provide reward points. Choose a card based on how you want to redeem the benefits.
- Annual Fees: Make sure the card’s benefits are worth the fee charged. Some cards waive the fee if you spend a certain amount annually.
- Additional Perks: Some credit cards also provide benefits like free memberships, dining discounts, or travel benefits.
Maximizing Rewards on Online Subscriptions
To get the most out of your credit card for rewards on online subscriptions, follow these tips:
- Use the Card for All Subscription Payments: Always pay for online services using your credit card to earn cashback or reward points.
- Check for Offers and Discounts: Banks often provide additional discounts on specific platforms, so keep an eye on promotional deals.
- Use Auto-Pay for Bills: Setting up auto-pay helps you avoid late payments and enjoy uninterrupted services.
- Redeem Points Wisely: If your card offers reward points instead of cashback, check the best redemption options for maximum value.
Also Read: How to Get a Credit Card with a Low-Interest Rate from Indian Banks
Conclusion
Choosing the right credit card for rewards on online subscriptions can help you save money while enjoying your favorite digital services. Whether you prefer cashback, free memberships, or reward points, there are multiple options available. Compare the features, benefits, and fees before selecting a card that matches your spending habits. By using the right credit card, you can enjoy entertainment, shopping, and learning while getting rewards in return.