Top 5 Credit Cards for Buying Silver Coins This Diwali & Dhanteras With Heavy Discount
- Anusha Madda
- 1 day ago
- 9 min read
As it nears Diwali and Dhanteras, there is a rush by many to purchase silver coins (and gold) as a tradition, as well as an investment. The right credit card could be an important second discount, additional cash back or points or vouchers. We discuss five credit cards that can be considered good proposals to purchase silver (or jewelry) in the course of the festive season.
1. Swiggy HDFC Credit Card
What Is the Silver Discount on Swiggy HDFC Credit Card?
The card comes with a 10% flat cashback offer on all things sold on Swiggy. This not only includes food but also includes everything sold on Swiggy Instamart. Many users have a perception that Swiggy Instamart sells only groceries; however, Swiggy Instamart also sells electronics and gold and silver coins, and jewelry. It is important to note that 10% cashback is capped at INR 1500, which means that at max, the gold which you purchase from Swiggy Instamart cannot exceed INR 15,000.
How To Use the Swiggy HDFC Credit Card for Buying Silver
1. Check for a promotional tie-up
Before placing an order on Swiggy Instamart, confirm if there is a special discount or “bank + card” offer valid for that day.
2. Place gold/silver via Swiggy Instamart
Gold or silver coins are listed via Swiggy Instamart. Use that option (if available) to enable promo stacking.
3. Attempt payment with the Swiggy HDFC card
Use your Swiggy HDFC credit card at checkout.
4. Verify if any discount/instant off is applied
there is a merchant discount or festival offer, it should show up in the invoice or as a discount line. Ensure that it is honored before you confirm payment.
5. Monitor your statement/cashback credit
After the billing cycle closes, check whether the discount/cashback/adjustment was applied. If not, raise a complaint with HDFC / Swiggy, citing the offer terms and invoice.
What Are The Other Benefits of the HDFC Swiggy Credit Card?
There are several other benefits of the HDFC Swiggy Credit Card, Which We Have Listed Below
Users will get a flat 10% cashback on Swiggy orders (food delivery, groceries, Dineout, Genie), capped at INR 1500 per month.
5% cashback on online shopping across various categories like Amazon, Flipkart, Myntra, BookMyShow, etc., capped at INR 1500 per month.
1% cashback on all other eligible spends, capped at INR 500 per month.
Users will get a free Swiggy One membership for 3 months, with exclusive discounts and benefits like free deliveries and priority customer service.
Annual Fee Reversal: The annual fee of Rs 500 is waived if the user spends Rs 2,00,000 or more in a year.
To know more details about the card and unbiased AI score of the card click here
2. HDFC Tata Neu Infinity Credit Card
What Is The Gold / Silver Discount On HDFC Tata Neu Infinity?
The card offers 5% cashback on purchasing silver from Tanishq. Additionally, if you have a Tata Neu Pass, you will get an additional 5% cashback. Tata Neu Pass is a loyalty membership from Tata Neu. It is similar to Prime Membership from Amazon. Neu Pass holders get discounts on almost all brands within the Tata group. The cashback will be awarded to the cardholder in the form of Neu Coins. 1 Neu Coin = INR 1.
How To Use the HDFC Tata Neu Infinity Credit Card for Buying Silver
Check Tata Neu / Jeweler offers in advance
Go through the Tata Neu app/website or promotional listings to see if jewelry / precious metal purchases have bonus NeuCoins or extra % off.
Use Tanishq or the Tanishq website, which is a Tata / Neu partner
To get the full benefit, your silver / gold coin seller must be part of Tata / Neu’s network or accept Neu-linked offers.
3. Purchase Tata / Neu channel (if available)
If there is a “Jewelry / Gold / Silver via Tata Neu / SmartBuy” flow, use it rather than the generic checkout.
Pay using your Tata Neu Infinity card
Use the card for payment so you can qualify for NeuCoins / bonus reward structure.
5. Verify NeuCoins / discount credit
Post transaction, verify how many NeuCoins were credited (sometimes delayed) and that the merchant discount (if any) was honored.
6. If no reward/discount applied
Contact HDFC / Tata Neu customer support with the invoice, transaction ID to claim.
What Are The Other Benefits of the HDFC Tata Neu Infinity Credit Card?
HDFC Tata Neu Infinity Credit Card is one of the most loaded credit cards in India:
Welcome Benefit: Users will get 499 NeuCoins on the Tata Neu app on 1st transaction done within 30 days of card issuance, and will be available to claim inside the Tata Neu App within 60 days of such transaction.
Customers also get 8 complimentary domestic lounge access per calendar year and also avail up to 4 complimentary international lounge access per calendar year.
Reward System: 1 NeuCoin = Rs. 1 savings, users will get 5% value back as NeuCoins on spending at the Tata Neu App/Website and partner Tata Brands.
Extra 5% value back as NeuCoins on select category spends on the Tata Neu App/Website. 1.5% value back as NeuCoins on other spends.
10% cashback on ordering food from Zomato or making a dineout payment using the Zomato app and the HDFC Tata Neu Infinity Credit Card.
To know more details about the card and unbiased AI score of the card click here
3. SBI Tata Neu Infinity Credit Card
What Is The Silver Discount On SBI Tata Neu Infinity?
The card is nearly identical to the HDFC Tata Neu Infinity Credit Card. The
SBI card offers 5% cashback on purchasing gold from Tanishq. Additionally, if you have a Tata Neu Pass, you will get an additional 5% cashback. As mentioned above, Tata Neu Pass is a loyalty membership from Tata Neu; it is similar to Prime Membership from Amazon. Neu Pass holders get discounts on almost all brands within the Tata group. The cashback will be awarded to the cardholder in the form of Neu Coins. 1 Neu Coin = INR 1.
How To Use the SBI Tata Neu Infinity Credit Card for Buying Gold / Silver
1. Check Tata Neu / Jeweler offers in advance
Go through the Tata Neu app/website or promotional listings to see if jewelry / precious metal purchases have bonus NeuCoins or extra % off.
2. Use Tanishq or the Tanishq website, which is a Tata / Neu partner
To get the full benefit, your silver / gold coin seller must be part of Tata / Neu’s network or accept Neu-linked offers.
3. Purchase Tata / Neu channel
If there is a “Jewelry / Gold / Silver via Tata Neu / SmartBuy” flow, use it rather than the generic checkout.
4. Pay using your Tata Neu Infinity card
Use the card for payment so you can qualify for NeuCoins / bonus reward structure.
5. Verify NeuCoins / discount credit
Post transaction, verify how many NeuCoins were credited (sometimes delayed) and that the merchant discount (if any) was honored.
6. Raise a claim if missing
You don’t see the benefit, raise a support request with SBI / Tata Neu, quoting the invoice/offer.
What Are The Other Benefits of the SBI Tata Neu Infinity Credit Card?
SBI Tata Neu Infinity Credit Card is one of the most loaded credit cards in India:
Welcome Benefit: Users will get 499 NeuCoins on the Tata Neu app on 1st transaction done within 30 days of card issuance, and will be available to claim inside the Tata Neu App within 60 days of such transaction.
Customers also get 8 complimentary domestic lounge access per calendar year and also avail up to 4 complimentary international lounge access per calendar year.
Reward System: 1 NeuCoin = Rs. 1 savings, users will get 5% value back as NeuCoins on spending at Tata Neu App/Website and partner Tata Brands.
Extra 5% value back as NeuCoins on select category spends on the Tata Neu App/Website. 1.5% value back as NeuCoins on other spends.
To know more details about the card and unbiased AI score of the card click here
4. SBI Titan (Titan SBI Credit Card)
What Is The Silver Discount On Titan SBI Credit Card?
The card offers 5% cashback on buying silver, including silver jewelry and silver coins from Mia. Mia is a jewelry brand part of the Tata Group. Cardholders can also buy silver and silver jewelry from Tanishq; however, in the case of Tanishq, the cashback is only 3%. Tanishq is also part of the Tata group.
How To Use Titan SBI Credit Card for Buying Silver
1. Prefer branded jewelry / Titan network sellers
To get the full benefit (3% / 5% / other rewards), buy from Tanishq, Mia, or other Titan-associated branded jewelry outlets.
2. Check for festive/extra discount offers
During Diwali / Dhanteras, Titan / SBI may run special discount or bonus reward campaigns. If available, use those.
3. Make the purchase using the Titan SBI card
When checking out, ensure you use this card (not a different one) to get the reward/value back benefit.
4. Gift voucher/value back redemption
“value back” in the case of Tanishq is usually given in the form of gift vouchers, not direct cashback. Those vouchers can be used for future jewelry / Titan brand purchases.
5. Confirm credit/voucher issuance
After purchase, monitor your statement. The gift vouchers or rewards/cashback should be credited/made available in your account per the card’s policy.
6. Use voucher/rewards wisely
Use the vouchers for future jewelry/accessory purchases in the accepted stores (Tanishq, Mia, Zoya) to extract full value.
What Are The Other Benefits of the Titan SBI Credit Card?
SBI Titan Credit Card offers several other benefits, which we have listed below:
Welcome Benefit: Welcome gift voucher worth Rs 3,000 from the payment of an annual fee.
Reversal of annual fee on spending of Rs Rs 3 Lakhs in a year.
Users will get 3% cashback in the form of gift vouchers via Tanishq on quarterly spending.
5% cashback on Mia, Caratlane & Zoya each quarter.
7.5% cashback on World of Titan, Taneira, Titan Eye+, Helios, Fastrack, Skinn, Irth & Sonata.
6 reward points on all other spends, 1 reward point = INR 0.25. General cashback rate: 1.5%.
8 free lounge visits, 2 per quarter.
To know more details about the card and unbiased AI score of the card click here.
5. Reliance SBI Card Prime
What Is The Silver Discount On Reliance SBI Card Prime?
The card offers 2.5% cashback on purchasing goods from several Reliance Stores, including Reliance Jewels. You have only one option: to buy offline. For buying offline, you can visit the Reliance Jewels website.
How To Use the Reliance SBI Card Prime for Buying Gold / Silver
1. Prefer Reliance Jeweler participating in the offer
Use jewelers that accept the Prime card discount/offer
2. Make payment using the Prime card
Use your Reliance SBI Card Prime at checkout to trigger the card benefit.
3 Ensure the discount/bonus is applied
The discount or extra cashback/points should show up in the invoice or calculation before payment. Make sure the merchant applies it.
4. Verify extra cashback/points credit
After the billing cycle, check whether the bonus points / extra cashback got credited.
5. If the benefit is not credited, raise a claim
Submit claim via SBI Card’s issue resolution process (with invoice, transaction ID, and offer’s terms).
What Are The Other Benefits of the Reliance SBI Card Prime?
Reliance SBI Card Prime offers several other benefits, which we have listed below:
Welcome Benefit: Users will get a Reliance Retail voucher worth Rs 3,000 as a welcome benefit.
Waiver of renewal fees on an annual spend of Rs Rs 3 Lakhs in the previous year. Rs 1,500/- worth of Reliance Retail vouchers on annual spends of Rs 75,000/- at participating Reliance Retail stores
Users will be awarded 10 points on spending every INR 100 spent on Reliance Retail stores. Value of 1 point = INR 0.25.
Reliance Retail store cashback rate: 2.5%.
5 points on spending every INR 100 on dining, movies & entertainment, domestic airlines, and international spending. Special Cashback Rate: 1.25%.
2 points on all other retail spends. Effective general cashback rate: 0.5%.
Free 1 movie ticket a month worth Rs 250/.
8 free domestic airport lounges per calendar year (max. 2 each quarter)
4 free international airport lounges per calendar year (max. 2 each quarter).
To know more details about the card and unbiased AI score of the card click here.
Conclusion
Purchasing silver or gold coins over Diwali and Dhanteras is not only a tradition but a good investment. These are the Top 5 Credit Cards for buying silver coins and will help you unlock heavy holidays discounts, NeuCoins or reward points, making your purchase even more favorable. Choose between Swiggy HDFC with daily cashback, or Tata Neu Infinity with the Tata brand reward, or SBI Titan with Tanishq jewellery, these cards are all good alternatives to save big this Diwali.
FAQ's
Can I buy silver or gold coins using my credit card?
Yes, you can purchase gold and silver coins using most credit cards, especially during Diwali and Dhanteras when banks and e-commerce platforms offer exclusive cashback or reward point benefits.
Which credit card gives the best discount for buying silver coins this Diwali?
The Swiggy HDFC Credit Card and HDFC Tata Neu Infinity Credit Card are among the best options, offering attractive cashback and accelerated rewards on festive spends.
Are there any charges for buying gold or silver coins using a credit card?
While most banks don’t charge extra, some might levy a small transaction or convenience fee depending on the merchant. Always check with your card issuer before making the purchase.
How to use a credit card for buying gold or silver coins online?
You can use your credit card just like any other online purchase — visit trusted jewellery websites like Tanishq, Malabar, or Amazon, add coins to your cart, and pay via your credit card to avail offers or cashback.
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