Smart Ways to Buy Gold This Akshaya Tritiya: Cashback, Rewards, and Credit Card Hacks
As Akshaya Tritiya 2025 approaches, many Indians are eyeing gold purchases, which are considered auspicious and believed to bring wealth and prosperity. But with gold prices hovering near ₹1 lakh per 10 grams, buying gold may seem less affordable. Fortunately, multiple online platforms and credit card offers are making gold more accessible with cashback, free gold, and reward point hacks.
JioFinance and BharatPe: Free Gold on Digital Gold Buys
JioFinance Free Gold Offer
Between April 29 and May 5, 2025, users buying digital gold worth ₹1,000–₹9,999 via the JioFinance app can get 1% extra gold using the code JIOGOLD1.
- For purchases above ₹10,000, the bonus increases to 2%, activated via JIOGOLDAT100.
- Offer is valid for up to 10 transactions and capped at ₹21,000 worth of free gold.
- Only lump sum purchases qualify; gold SIPs are excluded.
- The free gold is credited within 3 days of purchase to the user’s JioGold account.
BharatPe’s Gold Mohotsav
Until May 1, 2025, BharatPe is offering 1% additional gold for users investing ₹5,000 or more in a single transaction of 24K digital gold.
- This bonus gold is directly credited to the buyer’s digital gold portfolio.
- The offer promotes one-time larger transactions over multiple smaller ones.
Amazon Pay: Cashback on UPI Gold Transactions
Amazon Pay is running a limited-time cashback offer:
- Users making a minimum purchase of ₹100 in digital gold via Amazon Pay UPI are eligible.
- They receive 1% cashback, capped at ₹1,000.
- Offer valid until May 1, 2025, and applicable only to Amazon Pay UPI transactions.
This allows small and large investors to get instant monetary value back on gold purchases made online.
Credit Card Offers: Cashback, Discounts, and Reward Points
HDFC Swiggy Credit Card
- Offers up to 10% cashback, capped at ₹1,500, on Swiggy-linked spends.
- Can be used strategically on platforms offering gold gift vouchers or gold itself.
Titan SBI Credit Card
- Provides 5% cashback at select jewellery stores like Mia, CaratLane, and Zoya.
- Cashback is subject to a quarterly cap of ₹10,000, making it ideal for planned purchases.
HDFC SmartBuy & ICICI iShop
Platforms like HDFC SmartBuy and ICICI iShop allow:
- Purchase of vouchers at discounts or with bonus reward points.
- Vouchers can then be used on platforms like Amazon or Myntra to buy gold.
- Users can stack reward points, enabling more savings during festive sales.
NeuCoins and Tata Neu Infinity Card
- The HDFC Tata Neu Infinity Credit Card gives up to 7% cashback in NeuCoins.
- These NeuCoins can be redeemed across multiple brands, including Tanishq, for future gold discounts.
Using reward-based ecosystems like Tata Neu makes it easier to accumulate loyalty points and redeem them smartly for gold purchases.
Case Study: Smart Hack to Save on Gold Purchase
Ankur Mittal, Founder of CardInsider, shared a personal example:
- He purchased a ₹10,000 Amazon Pay gift voucher through HDFC SmartBuy using the Infinia card.
- The reward points earned reduced the effective voucher cost to ₹8,350.
- He used this voucher to buy a BigBasket gift card, gaining a further 3% discount.
- With these savings, he bought two Tanishq 24K gold coins, originally worth ₹17,876, for just ₹16,012.
This method combined voucher stacking, credit card rewards, and platform offers to unlock maximum value.
Final Thoughts
This Akshaya Tritiya, online platforms and smart credit card use can help you buy gold at significantly lower rates. Offers from JioFinance, BharatPe, Amazon Pay, and credit card reward programs provide ample opportunity to accumulate free gold, cashback, and loyalty rewards.
Use these tools wisely to make cost-efficient gold purchases that not only fulfill tradition but also benefit your finances.
