10+ Best Credit Cards for Buying Gold Jewelry in India 2024

Gold is one of the most popular investments among Indian families, and with good reason – gold has delivered over 180% returns in the last 8 years. Yet, it’s rare to find credit cards that offer cashback or rewards for gold purchases.

So after scouring the internet and surfing through countless credit cards from Axis, HDFC, SBI & other banks, we have jotted down a list of the best credit cards for buying gold jewellery in India in 2024.

For each card, we’ve included🖊️

• Tips on saving with credit cards when purchasing gold both online and offline

• A money-saving tip from our dimers

• Other key benefits to help you make the best choice.

We have put in a lot of effort in making this article as detailed as possible so be sure to read till the end and share your comments in case you have any doubts:))

Most credit cards offering discounts, cashback, or rewards on gold purchases come with an annual or joining fee. However, there are a few LTF credit cards that give discounts on buying gold or at least waive the annual fee if you meet a specific spending threshold within a set period.

Check out the table below for a quick look at some of the best credit cards for gold purchases, their joining fees, annual fees, & key benefits.

Credit Cards for buying gold jewellery can at times levy certain fees that you should be aware of. Generally speaking, the government charges 3% GST every time you choose to buy new gold or silver jewellery but this 3% GST can be cancelled if you exchange old jewellery for new.

Moreover, some (usually, non-branded) stores may charge a 1% to 2% extra fee for using credit cards. Note that this may vary from store to store and even for products. Some jewellery shops may waive extra fees on credit card purchases for gold jewellery, but they might charge fees for gold coins. Be sure to confirm any fees before buying.

Also, keep in mind that if you are purchasing gold on credit card EMI, you may lose your reward points earned for the same transaction. Moreover, EMIs will have their own processing fee, interest charge, GST, etc. It’s probably best to not buy gold jewellery on EMI in physical stores.

Another thing to keep in mind is if you are planning to use Amex cards, be prepared to keep a backup card with you - thanks to the weak acceptance of Amex at offline POS. 

Moreover, buying gold jewellery will of course, have making charges + sellers' profit margin too - perhaps your only major scope to negotiate the price a little when buying gold offline.

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Here’s a list of credit cards that give discounts, cashback, or rewards on buying gold, helping you save significantly on high-value purchases. We’ve covered options from HDFC, Axis, ICICI, SBI, and more to ensure you have a range of choices. You’ll also find links to credible official sources, along with money-saving tips or expert insights from our DesiDime users.

Tata Neu Infinity credit cards reward you 5% NeuCoins back on non-EMI transactions on partnered Tata jewellery brands such as Tanishq, Caratlane, Zoya & Mia by Tanishq. The value of 1 NeuCoin is ₹1 and this 5% NeuCoins benefit will be calculated as 1.5% base NeuCoins offer + 3.5% NeuCoins extra on Tata-partnered brands (these 3.5% NeuCoins will be received in next month’s bill statement). However, keep in mind effective from August 2024, HDFC cards with transactions above 50K will bear a 1% fee + GST so plan your spending wisely.

Can we use the Tata Neu Infinity HDFC Credit Card to buy gold on EMI?

You can use your Tata Neu Infinity HDFC credit card to also buy gold jewellery on EMI but in that case, you will only earn 1.5% NeuCoins on the principal amount of EMI (not the GST, processing fee, or interest charge). Also, the EMI type must not be SmartEMI or Dial an EMI transaction.

Grab TataNeu Offers & Coupons ✔️

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• 5% back as NeuCoins on Non-EMI Spends on Tata Neu and partner Tata Brands such as Tanishq, Caratlane, Miya by Tanishq, Zoya, Tata Cliq, Big Basket & more (check full list of partnered brands)

• Maximum NeuCoins on jewellery are 5% on a maximum 6 Lakh order value per month (max 18 Lakh annually)

• Redeem NeuCoins on the TataNeu app or website for brands including Tanishq, Titan, Tata Cliq Luxury & more

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Important: NeuCoins expire in 365 days from the date of the last transaction

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• Welcome benefit of 1,499 NeuCoins on Tata Neu App (as a reversal of 1st Year Membership Fees)

• 1.5% back as NeuCoins on Non-Tata Brand Spends (UPI spends are capped at 500 NeuCoins per calendar month).

• Earn NeuCoins on grocery transactions & telecom/cable transactions - capped at 2000 NeuCoins per month respectively.

• 8 Complimentary Domestic Lounge Access per calendar year (2 in a quarter) and up to 4 Complimentary International Lounge Access

• Annual fee waiver on spend of 3 Lakh in the year before the renewal date

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Insights from our dimers⭐⭐⭐:

(Link to the comment)

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HDFC Tata Neu Plus credit card offers 2% NeuCoins back on Tata-partnered brands such as Tanishq, Caratlane, Mia by Tanishq, Zoya, etc. Moreover, cardholders can redeem their NeuCoins on Tanishq (via Tata Neu). The maximum NeuCoins that you can earn on jewellery spends are 2% on a max 3 Lakh order value per month (max 9 Lakh annually). Also, the same rule of EMI and 1% fee above 50K transaction value applies on this card which is similar to the above HDFC Infinity Neu Credit Card.

Can we redeem our Tata NeuCoins offline at the Tanishq store for gold purchases?

Customers as of today can redeem NeuCoins on Tanishq online only via Tata Neu (you cannot redeem your coins offline).

Grab latest HDFC Offers, Discounts & Deals

• 2% NeuCoins back on Tata-partnered brands such as Tanishq, Caratlane, Mia by Tanishq, Zoya, etc

• Earn 2% NeuCoins on jewellery spends of max 3 Lakh order value per month (max 9 Lakh annually)

• Redeem NeuCoins online on Tanishq, TataCliq Luxury, Tata Cliq, BigBasket, Croma, Air India Express, Tata 1Mg and hotel bookings/purchases at IHCL via TataNeu

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Important: Currently, Bill Payment (Tata Pay) & Tanishq spending are not eligible for an additional 5% NeuCoins via NeuPass Membership

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• Welcome Benefit of 499 NeuCoins on the Tata Neu App (as a reversal of 1st Year Membership Fees)

• 1% back as NeuCoins on Non-Tata Brand Spends (UPI spends capped at 500 NeuCoins per calendar month).

• Earn NeuCoins on grocery transactions & telecom/cable transactions - capped at 1000 NeuCoins and 2000 NeuCoins per month respectively.

• 4 Complimentary Domestic Lounge Access per calendar year (1 in a quarter)

• Annual fee waiver on spend of 1 Lakh in the year before the renewal date

Link to comment no.1 and comment no.2
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The Amazon Pay ICICI Credit Card is perhaps the only LTF credit card for gold purchases in India. Cardholders earn a flat 1% cashback as Amazon Pay balance on offline gold jewellery purchases, with no cap on the cashback amount. Previously, users could combine this 1% cashback with an additional 1% cashback on paying credit card bills using the HDFC Platinum Debit Card via HDFC's Bill Payment Portal for a total of 2% cashback, but this option is no longer available.

Still, the Amazon Pay ICICI Credit Card is one of the best no-brainer choices for buying gold offline. The 1% cashback is automatically usable as Amazon Pay balance on bills & shopping — no need to worry about reward point conversions. Plus, as a Lifetime Free card, it’s a zero-cost credit card option for frequent offline gold jewellery purchases.

Check latest Amazon Pay coupons, offers & cashback deals ✔️

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• 1% Flat cashback on offline purchases including gold jewellery

• Check our thread on Best credit/debit cards for cashback on credit card bill payment and save more with your APay ICICI Credit Card

• Select jewellery shops or merchants may also accept Amazon Pay wallet payments (get 2% cashback). The max spending limit for merchant payments on UPI is 1Lakh for full KYC customers.

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Important: Purchasing physical or digital gold online on the Amazon website/app will not earn any cashback. Also, non-Prime members benefits differ. Please refer to this official document.

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• Flat 5% cashback on shopping on Amazon (except for gold, gift cards, fuel spends, Amazon Business transactions, EMI transactions)

• Earn 1% to 2% cashback on Amazon Pay Wallet load (check this latest thread - Amazon Pay ICICI Wallet Load Cashback Query) Max cash load is 50K per month

• No joining fee, no annual fee, no redemption charges

• No expiry date of cashback earned

• Redeem cashback earned as Amazon Pay balance to pay bills, shop, mobile recharge, & other major payments

Insights from our dimers⭐⭐⭐:

Link to the comment

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Before we get into other credit cards for gold purchase discounts & rewards, just a quick heads-up on Amex cards mentioned below — they’re not for everyone.

If you already hold SBI Cashback Card (5% cashback on vouchers bought from Amazon Pay), you need to rethink if you really need an Amex card (for gold purchases specifically)

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• Amex Gold Charge Card: This one’s for big spenders. Unlike most cards, it’s a charge card, so there’s no set “credit limit.” There's not much impressive otherwise. The other two cards mentioned below (or SBI Cashback Card) will do the work for you in most cases.

• Amex SmartEarn Credit Card: A good pick if you need an entry-level Amex card & don’t have an SBI cashback card. It has a low annual fee (₹495 + taxes) and offers 5X rewards on Amazon, plus 10X on Flipkart, Uber, and a few others.

• Amex Membership Rewards Credit Card: Best if you’re looking to maximize rewards and have moderate spending. It’s ideal if you know exactly what you are doing (you are an expert at using those points wisely).

These are just some pointers to help you decide which card might fit best, but ultimately, you know your finances better than anyone.

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Amex Gold charge charge card is another credit card to use for jewellery purchases on Amazon (by buying gift vouchers through Amex Gyftr), Candere by Kalyan Jewelers, Bluestone, Malabar & Mia by Tanishq. Cardholders can earn 5X Membership reward points through Rewards Multiplier. This is a major benefit that notably separates the Amex Gold Charge Card from the Amex Membership Rewards Credit Card’s 2X rewards multiplier benefit. You can also redeem your existing reward points for paying for these vouchers through SafeKey.

The value of 1 Membership reward point depends on how you redeem it. For example, you can redeem 24,000 Membership Points in exchange for a ₹9000 value Tanishq voucher. This gets us a ₹0.375 reward rate per 1 point spent. However, if you redeem it for a ₹14,000 Taj Voucher for the same amount of reward points then you get a ₹0.6 reward rate per point.

Perhaps one of the highest reward rates you get with Membership Points is with Marriot Bonvoy points where 2 Amex membership points get you 3 Marriot Bonvoy points - a 1.5X return.

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Amex cards aren’t for everyone. We would only recommend you get this card for gold purchases only if you can spend about 20K or so per month and know exactly what you are doing. (Hint: It’s not the best rewarding card for low-value spenders. Instead, go for SmartEarn or Membership )

Grab Amex Credit Card Coupons & Offers

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• Earn 1 Membership Rewards Point for every ₹50 spent including fuel and utilities (including gold spending)

• Earn 1,000 bonus points on 6 transactions of ₹1,000 each every calendar month.

• Redeem points for the Tanishq voucher, Amazon & Flipkart vouchers and Reliance Digital from the Gold Collection Store

• Earn 5X points for every purchase through Rewards Multiplier (including brands like Amazon, Flipkart, Myntra & others - check purchase exclusions here)

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Important note #1: You cannot use your Amex Gold Charge Card for high-value spends such as gold in the first 6 months after issuance. So, you need to wait if you have just newly got yourself an Amex card.

Important note #2: The Amex Gold Charge Card as the name suggests is a charge card which is different from a credit card.

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• Welcome Benefit includes 4000 bonus Membership Points

• Earn 1 Membership Rewards Point for every Rs.50 spent on fuel (capped at 5000 Points per month)

• Earn 1 Membership Point for every ₹50 spent on utility services (capped at 10,000 Points per month)

• First Year fee is ₹1,000+ taxes and ₹4,500 + taxes from 2nd year onwards

• Amex officially does not mention the fee waiver. However, if you call them and personally ask for a fee waiver (depending on your card usage) you may get 2-3 options to choose from, 1) 50% Fee waiver or 2)10K to 12K membership points if you pay full fee (or 15K points if you can negotiate better) and lastly 3rd option) If your spends are above 2L to 4L, you may be offered a complete fee waiver

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Amex SmartEarn Credit Card similar to the Gold Charge Credit Card offers accelerated rewards on Amazon, Flipkart, Ajio, Nykaa and others. It also has a ₹495 annual fee given it's an entry-level card from American Express. You can use Amex SmartEarn for gold purchases both online (through Amazon or Flipkart 5X & 10X rewards respectively) and offline (1 point per ₹50 spent).

For every ₹50 you spend on Amazon, you earn 5X reward points and 10X reward points for every ₹50 spent on 10X partnered brands such as Flipkart, Uber, BookMyShow and others.

But there’s a catch.

• 10X Category including Flipkart, Uber, BookMyShow, and other merchants combined are capped at 500 points per month.

• EaseMyTrip & Zomato together are capped at 500 points per month (10X category)

• Amazon combined is capped at 250 points per month (5X category)

You can earn up to 1250 points per month (15,000 points per year) if you spend on 10X and 5X categories in the following way:

• Spend ₹2500 per month on 10X partner (EaseMyTrip & Zomato combined), earn 500 points

• Spend ₹2500 per month on 10X partners (Flipkart, Uber, BookMyShow & other brands combined), earn 500 points

• Spend ₹2500 per month on 5X partner (Amazon), earn 250 points

Total spent: ₹7,500 per month

Points earned: 1250 points per month

You also earn ₹500 voucher (you get to choose from Flipkart, Amazon, multiple brands) per ₹1.2L spent, another ₹500 voucher on ₹1.80L spent and another ₹500 voucher on 2.40L spent. Moreover, you get an annual fee waiver on spending ₹40,000 in a year.

• 10X Reward points per ₹50 spent on Flipkart capped at 500 points per month

• 5X Reward points per ₹50 spent on Amazon capped at 250 points per month

• 1 Membership point per ₹50 spent on all other spends (including gold purchases, offline)

• Bonus ₹500 vouchers (Amazon or Flipkart & others) on reaching each milestone of ₹1.2L, 1.8L and 2.4L (so you can get ₹1500 voucher for 2.4L spent apart from reward points)

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• ₹500 Cashback as a Welcome Gift on ₹10,000 spending in the first 90 days

• Joining fee ₹495+ taxes

• Renewal fee waiver on spending ₹40,000 in the previous year

• If you have an Amex MRCC card, you can club it with Amex SmartEarn and redeem points for 24K or 18K Gold Collection for better value

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Next up on our list of credit cards that give reward points on jewellery purchases is the Amex Membership Rewards Credit Card. Probably, the most lucrative Amex card if you know exactly how to use it. Unlike Gold Charge or SmartEarn, you cannot earn 5X rewards per ₹50 spent but rather can only get 2X reward points for the same. So what makes the Amex MRCC card even worth considering? Well, the base reward rate of this card isn’t that great but the real value lies in completing those monthly milestones as well as having a lesser annual fee waiver milestone of 1.5L (compared to no fee waiver on Gold Charge Card or 4L spending)

For example, Amex rewards you 1000 bonus points for doing 4 transactions of ₹1500 per month and get another bonus of 1000 points for spending ₹20,000 per month. You also get a 100% fee waiver if you spend 1.5L in an year.

Important note: You can club MR points earned from your Amex Membership Credit Card with other Amex cards (except for Plat card maybe) for earning even better value.

• 2X Membership Points through Rewards Multiplier (Amazon, Flipkart & more)

• Redeem membership points for Tanishq voucher, Amazon voucher or Reliance Digital voucher

• Earn 1 Membership Poinit on every ₹50 spent (offline, gold purchases too)

• Get an annual fee waiver on spending 1.5L in a year (gold purchases can be included as a milestone benefit to achieve this)

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• The first-year fee is ₹1000+ taxes and ₹4500 from the second year onwards

• Get a 100% annual fee waiver on spending ₹1.5L in the previous year

• Earn 1000 bonus MR Points as a monthly milestone benefit of doing 4 transactions of ₹1500

• Earn an extra 1000 bonus MR Points on spending 20K rupees per calendar month

• Redeem points for multiple brand vouchers including Tanishq, Amazon, Reliance Digital, Taj, Flipkart, Tata Cliq, Shoppers Stop, etc

HDFC Infinia credit card is one of the best credit cards for gold purchases in India in 2024. You earn 5 reward points for every ₹150 spent and the best part? 1 Reward point = ₹1 on Tanishq & Apple vouchers and hotel & flight bookings via the HDFC SmartBuy portal. If you do a bit of maths here, per point value comes to around 0.03 points per ₹1 spent i.e. you get 3.3 points return on spending ₹100.

Thus say you buy some gold jewellery worth 1 Lakh so with an approximate return of 3.3%, you can get around 3300 reward points which is pretty decent (if spent on rewards where 1 point = ₹1). Now, this might not seem that attractive but it gets pretty better if you consider the other benefits you get with HDFC Infinia such as unlimited complimentary lounge access at airports within and outside India using Priority Pass, complimentary nights and buffet at select ITC Hotels, unlimited golf games and much more.

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Important note: You can redeem only up to 70% on Apple products and Tanishq vouchers using reward points. A balance of 30% will need to be paid via credit card.

Important note #2: There doesn’t seem to be any rewards redemption fee on HDFC Infinia, or Diners Club Black credit cards on Airmiles (1 RP = ₹1). Check source

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Author’s note:

The best part about HDFC Infinia I feel is that you don’t have to maximise your spending to meet the 10L milestone per year for a fee waiver. Here’s why: Let’s assume you haven’t met the 10L milestone in that case you will need to pay a ₹12,500 fee + GST. But HDFC rewards you 12,500 reward points on fee realisation (if you pay the fees basically) every year so if we do a bit of maths here:

You can easily recover this ₹2250 fee by wisely earning reward points on accelerated brands or otherwise if you only spend a minimum of 3L per year. Even the complimentary, non-spend-based benefits you get such as unlimited lounge access, golf games, etc are worth more than the 2.25K fee.

• You earn 5 Reward Points for every ₹150 spent

• Redeem 1 Reward Point at ₹1 value on Tanishq vouchers via SmartBuy (maximum 50,000 points redemption per quarter)

• You can also redeem your reward points for Airmiles, hotel bookings and flight bookings at 1RP = ₹1

• Get accelerated rewards of 10X on IGP, Hotels, PharmEasy, and Jockey via SmartBuy (33% return) and get 5X reward points on Flights, Myntra, MMT and 5X rewards on Instant Vouchers (via Gyftr) of Amazon, Flipkart, etc

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To understand accelerated rewards for different HDFC cards, check this official document.

• Complimentary nights & buffet at participating ITC hotels

• Complimentary Club Marriott membership for the first year

• Unlimited airport lounge access across the globe for Primary and Add-on member

• 5 Reward Points for every ₹ 150 spent

• Redeem points for Airmiles, Apple products & Tanishq vouchers (1RP = ₹1)

• Unlimited golf games

• Earn accelerated 5X rewards on Instant Vouchers via Gyftr

• Earn 10X rewards on IGP, PharmEasy and hotel booking via SmartBuy

• Get 12,500 reward points on paying an annual fee of ₹12,500 + GST (HDFC Infinia Metal edition)

• Get an annual fee waiver on spending 10L

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HDFC Diners Club Black Credit Card is a slightly toned-down version of Infinia. While Infinia is an invite-only card, you can pretty easily apply for HDFC Diners Club Black Credit Card. The annual fee waiver milestone is also less for Diners Club Black Credit Card (5 Lakh per year). Infinia can be a good credit card for gold purchases but it's more suited for frequent travellers. HDFC Diners Club Black Credit Card for gold purchases also fetches pretty similar returns (approx 3.3%) but it’s more suited for those who shop on digital retailers more frequently - thanks to up to 10X reward points you can get via SmartBuy on brands including Amazon, Flipkart & others. For those wanting a credit card for buying gold offline, you get 5 RP for every ₹150 spent.

Important note #1: Max cap on earning reward points on Smartbuy is 7,500 per month and 2,500 points per day

Important note #2: The maximum reward points that can be earned in a statement cycle for Diners Black is 75,000

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• Up to 10X Rewards Points on SmartBuy on brands including Amazon, Flipkart, Myntra, IGP, Tata Cliq + get extra upfront discounts on select brands

• Redeem reward points for 1RP = ₹1 on Tanishq vouchers

• Earn 5RP for every ₹150 spent

• Spend ₹80,000+ in a calendar month and earn a bonus ₹500 voucher from Tata Cliq

• Complimentary Annual memberships of Club Marriott, Times Prime, Amazon Prime, Swiggy One (3 months) and MMT Black on spending 1.5L in the first 90 days

• Up to 10X Rewards Points via SmartBuy and 2X on weekend dining

• Complimentary Golf games ( 6 per quarter)

• Unlimited airport lounge access across the globe for Primary and Add-on member

• 5 Reward Points for every ₹ 150 spent

• Get an annual fee waiver on spending 5 Lakh

Useful resource: Check the annual fee waiver for different HDFC Cards here

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SBI Titan Credit Card is also a good credit card for earning cashback or rewards on buying gold in India in 2024. If you prefer buying jewellery on Tanishq, you will specifically like the 3% cashback that the SBI Titan Card offers (in the form of a gift voucher). Moreover, you can earn 6 reward points on every ₹100 spent i.e 0.06 points per ₹1 spent (excluding fuel, wallet load, property rental, and utility bills - gold jewellery is not included in exclusions so it likely is an accepted category to earn 6 rewards points per ₹100 spent. The value of 1 reward point is ₹0.25 so if you spend let’s say ₹50,000 on gold purchases offline (outside of Titan), you can earn 3000 points which equals ₹750 i.e. 1.5% return on offline jewelry buying which is still a fine reward ratio. For Tanishq, you get a 3% value back in the form of a gift voucher.

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• Get 3% value back on Tanishq Jewellery (in form of gift voucher)

• Get 5% cashback on Mia, Caratlane & Zoya

• Max return of ₹25,000 per quarter on Tanishq and max ₹10,000 cashback per quarter on Caratlane, Zoya, Mia

• 6 Reward Points per ₹100 spent outside of the Titan ecosystem (exclusions include fuel, wallet load, property rental, and utility bills) Gold jewellery is not included in exclusions so it likely is an accepted category (do confirm once)

• Redeem your SBI Titan Credit Card reward points on Titan Jewellery brands e-voucher of ₹10,000 in exchange of 40K points (applicable on Tanishq, Mia & Zoya)

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• Get 12000 points upon paying ₹3000 annual fee + taxes (welcome benefit)

• Spend-based reversal on annual spends of 3L as Milestone Rewards

• Additional ₹5000 & ₹10,000 gift vouchers on annual spends of 5L and 10L as Milestone Rewards respectively

• 7.5% Cashback on spends at World of Titan, Taneira, Titan Eye+, Helios, Fastrack, Skinn, Irth & Sonata, subject to a quarterly cap

• 8 Domestic lounge benefits in a year

• 4 International Lounge benefits in a year

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SBI Reliance Prime Credit Card is a worthy mention on our list of best credit cards for gold purchases in India in 2024 especially if you are looking to spend on Reliance Retail Stores. You earn a handsome 10 reward points per ₹100 spent on Reliance Retail Stores including Reliance Jewels (offline), JioMart (online), Ajio (online), Reliance Digital (offline & online), MyJio store (offline), Sahakari Bhandar (offline) & others. Thus, you earn 0.1 RP per ₹1 spent so if you spend ₹50,000 on jewellery (at say, Reliance Jewels) you can earn 5000 points. 1RP = ₹0.25 as per their T&C so 5000 points = ₹1250 which is a 2.5% return on jewelry spend (at Reliance partnered stores).

Moreover, you earn an additional ₹1500 voucher milestone benefit on spending ₹75,000 annually on participating Reliance Retail stores. This is where you can fetch a healthy 4.5% return on your spending of ₹75,000 on gold jewellery purchases.

Link to comment

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• Buying gift vouchers of branded jewellery stores such as Kalyan Jewellers, Tanishq & more at 5% OFF on Amazon using an SBI Cashback Credit Card & redeeming at nearby stores (courtesy: @Seinfeld )

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• Many brands offer monthly gold instalment schemes with waived making charges or other discounts. You can maximize savings by paying with a rewards credit card, like the Amex Gold Charge at stores like Malabar, to earn points on top of these discounts. (courtesy: @Vijay_Thalapathy )

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• Buy Gold bars of 1gm to 2gm from Amazon & Flipkart at less than market price using bank offers and discounts and sell these gold bars to jewellers in exchange for new jewellery (3% GST will be waived off) (courtesy: @pentiumd )

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• A few gold shops like Joyalukkas, and Kalyan Jewellers have gift vouchers that you can buy from Gyftr or such websites and get 5% cashback. Redeem offline at nearby stores. (courtesy: @MagicalChat )

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• Shop Gold jewellery using a credit card for example Amazon Pay ICICI Credit Card (1% flat cashback) and pay its credit card bill via portals such as SBI Unipay or HDFC BillPay and get an extra 1% cashback (caution: This may or may not always work - depending on when you are reading this article, it's best to check with fellow dimers if the method is still working)

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• Keep checking DesiDime to not miss any good deals on Gold, Silver or other metal jewellery, coins & bars purchases.

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So this was all about sharing the best credit cards for buying gold online or offline in India in 2024. Of course, there are a few more cards than what we have mentioned above that give milestone benefits, cashback, discounts or rewards on gold purchases.

We will continue to update this article & add more cards or suggestions from time to time.

For now, here are a few bonus mentions

• AU LIT LTF Credit Card also launches special gold offers occasionally

• HDFC Regalia Gold Credit Card: Exclusive Gold Catalogue on select premium brands via Smartbuy at a value of 1 RP = ₹0.65

• Standard Chartered Ultimate Credit Card: 5 Reward points per ₹150 (1 RP = ₹1) thus if you spend 6 Lakh per year, you can earn 20,000 points = ₹20,000 (including on jewellery purchases)

(unconfirmed) HDFC Millenia Credit Card also gives 5% cashback on Amazon & Flipkart (need to confirm - do share in comments if you know)

(unconfirmed) Vistara Cards also seem to give some discount on jewellery purchases (need to study a bit more - will be updating shortly)

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That’s all for now, do share in the comments below if you found this article useful:)) Thanks to all the dimers who contribute to the forum actively and if you haven’t yet joined DesiDime, become a DD Dimer today! Sign up.

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List of some of the official sources used: