Card News · 26 October 2026 · 3 min read
In short: Five big card issuers, HDFC Bank, ICICI Bank, SBI Card, Axis Bank and Kotak Mahindra Bank, have festive offers live on shopping, electronics and travel sites. Headline discounts are mostly 10% to 15%, but each comes with a cap, a minimum spend and often an EMI condition. Business Standard listed the offers on 26 October, as advertised on 24 October.
Selected offers by bank
| Bank | Where | Offer | Key condition |
|---|---|---|---|
| SBI Card | Amazon | 10% instant, up to ₹49,250 per card | EMI spends of at least ₹2,490 |
| SBI Card | Bajaj Electronics | Up to ₹16,000 off | Minimum ₹20,000 |
| ICICI Bank | Amazon | 10%, up to ₹11,250 | Minimum ₹2,490; card and EMI |
| ICICI Bank | Reliance Digital | 5%, up to ₹12,500 | Minimum ₹10,000; EMI |
| HDFC Bank | Vijay Sales | Up to ₹15,000 instant | EasyEMI |
| HDFC Bank | Agoda (India stays) | 10%, up to ₹3,000 | Eligible bookings |
| Axis Bank | Amazon | 10%, up to ₹1,250 (₹1,750 on EMI) | Separate caps for EMI |
| Kotak Bank | MakeMyTrip | Up to 15%, up to ₹20,000 | Select cards |
| Kotak Bank | Nykaa | 10%, up to ₹500 | Minimum ₹4,000 |
The list is not complete, and not every card from a bank qualifies. End dates were not given, so confirm on the bank or shopping site before paying.
What it means for you
- Look at the cap, not the percentage. 10% off a ₹60,000 phone is ₹6,000 only if the cap allows it. Axis’s Amazon cap is ₹1,250 on regular spends.
- Many offers need EMI. An EMI can carry interest, a processing fee and GST on that fee. Read our guide on hidden costs of no-cost EMI first.
- Compare the final price. A bigger discount on a higher sale price may still cost more than another site.
- Pay the full bill on time. Card interest can be 3% to 4% a month, which wipes out any festive saving.
Not sure which card fits your shopping? Try the Koshfin Credit Card Finder or browse all credit cards.
Sources
This is a news summary for education, not investment advice. Figures are as reported on or before 26 October 2026; check official sources before making decisions.