This Akshaya Tritiya, know these great deals online, and make smart use of your credit card to get gold at lower rates
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HDFC Smartbuy, ICICI iShop and similar platforms making gold purchases more rewarding
On the occasion of Akshaya Tritiya, most of us are looking to buy gold, as is customary. It is commonly believed that gold bought on Akshaya Tritiya ever appreciates in value and brings immense wealth and prosperity to the buyer.But with gold prices teetering on the Rs 1 lakh mark per 10 grams of 24-carat gold, so many may be hesitating in buying gold at this elevated level. However, multiple online platforms, such as Jio and Amazon Pay, have come out with many offers to help you buy gold while also earning handsome cashbacks, rewards, and sometimes, even more gold in the process.Read on to know more about such offers and why buying gold online and using your credit card might help you save more. What's more, you could even get more gold while buying digital gold.Anyone buying digital gold worth Rs 1,000 to Rs 9,999 via the JioFinance App between April 29 and May 5, 2025, will get 1% of your digital gold purchase value as free gold using the code JIOGOLD. If you make purchases over Rs 10,000, your JioGold account will be credited with 2% of your purchase value as free gold. For this, users can use the promo code JIOGOLDAT100.Applicable on a maximum of 10 purchases per user during the offer period, the maximum value of free gold one buyer can get herein is capped at Rs 21,000. Note that you can only avail this offer on lumpsum gold purchases, and not gold SIPs. The reward gold will be credited to your JioGold account within 3 days of the purchase.Similarly, BharatPe has also launched Gold Mohotsav, which will be valid till tomorrow. Customers investing Rs 5,000 or more in digital gold in a single transaction will get 1% additional gold credited to their portfolio.Under this festive offer, anyone who invests INR 5,000 or more in 24k digital gold in a single transaction will receive an additional 1% gold, credited directly to their portfolio.Till May 1, 2025, Amazon Pay is also offering a 1% cashback (maximum of up to Rs 1,000) on all digital gold purchased via Amazon. However, remember that the minimum value of your digital gold purchase should be Rs 100, and you should only make the payment via Amazon Pay UPI.Not just on these applications, but you can also use your credit cards smartly to buy gold at lower prices through platforms such as Myntra, Amazon, and more.Explains Ankur Mittal, founder, CardInsider, 'The Swiggy HDFC Credit Card offers up to 10% cashback, saving users up to Rs 1,500 (the maximum cashback limit for Swiggy spends), making gold purchases more rewarding than physical stores.'Similarly, the Titan SBI credit card offers a 5% cashback on spending made at jewellery outlets such as Mia, CaratLane, or Zoya. However, this is subject to a quarterly cap of Rs 10,000.'Some credit cards focus more on instant cashback and discounts, while others give better value through reward points. Platforms like HDFC SmartBuy or ICICI iShop allow users to earn extra reward points on voucher purchases, which can later be used to buy gold online through sites like Amazon or Myntra,' he further adds.The HDFC Bank Tata Neu Infinity Credit Card offers up to 7% cashback in the form of Neucoins on spends made across multiple brands, one of which is Tanishq. These neucoins (1 neucoin = Rs 1) can further be used to avail discounts in the future across various other brands.So if used smartly, certain credit cards can help you save much more than you ever would with an offline store, whether through instant offers or by stacking reward points through voucher purchases and using them later.For instance, if you buy an Amazon Pay Gift Card & Gift Voucher worth Rs 10,000 via HDFC's SmartBuy using an Infinia credit card, you can get the voucher at just Rs 8,350, since your reward points will be worth Rs 1,650. You can further use this voucher to buy gold online.
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