Best Credit Cards for Nykaa Shopping in 2026

For most Nykaa shoppers, the best card is HSBC Live+ (10% back on online shopping up to ₹1,000 a month) or SBI Cashback (5% online, capped at ₹2,000 a month). If you spend heavily, HDFC Regalia Gold gives 5X points at Nykaa. If you buy beauty products every few weeks, a card with quarterly Nykaa vouchers can recover its fee quickly. Here's how the main options compare, with rupee examples.

There's no active Nykaa co-branded credit card in BestCard's data, so this list mixes broad online-shopping cards with cards that include Nykaa-specific perks.

1. HSBC Live+: highest rate for moderate spends

• Joining and annual fee: ₹999 each, waived on ₹2 lakh annual spend
• Online shopping: 10% cashback, capped at ₹1,000 a month
• Also 10% on dining, groceries and utilities, each with its own ₹1,000 cap
• Forex markup: 1.99%
• Minimum income: ₹1,00,000 a month

HSBC Live+ excludes Amazon, Flipkart and Myntra from its 10% online rate, but Nykaa isn't on that list in our data. ₹1,000 of cashback at 10% means the cap is reached at ₹10,000 of monthly online spend, which is more than most beauty budgets. Before relying on it, check that Nykaa is coded as online shopping on HSBC's side. Our HSBC Live+ review covers the rest of the card.

2. HDFC Regalia Gold: 5X points at Nykaa

• Joining and annual fee: ₹2,500 each, waived on ₹4 lakh
• Base: 5 Reward Points per ₹200 (about 1.25% when redeemed for flights or hotels)
• 5X points at Nykaa, Myntra, Reliance Digital and Marks & Spencer, with bonus points capped at 5,000 a month
• ₹1,500 Myntra/Nykaa voucher for every quarter with ₹1.5 lakh of spend
• Minimum income: ₹1,50,000 a month

At 50 paise a point, 5X works out to about 25 points per ₹200, or roughly 6.25%. The 5,000 bonus-point cap is about ₹2,500 a month, and you'd hit it around ₹50,000 of accelerated spend across those brands. Few people spend that much at Nykaa alone. The quarterly voucher is a nice extra if your total card spend is high. Regalia Gold also comes with lounge access and travel benefits, so it suits someone looking for a travel card who also shops at Nykaa.

3. SBI Cashback: simple 5% with a high cap

• Joining and annual fee: ₹999 each, waived on ₹2 lakh
• Online shopping: 5%, capped at ₹2,000 a month
• Minimum income: ₹25,000 a month

The SBI Cashback Card pays a flat 5% across e-commerce, not only on a few partner sites, and credits it to your statement automatically. The ₹2,000 cap covers up to ₹40,000 of online spend a month, so Nykaa, Myntra and Amazon can all go on this one card. Read our SBI Cashback deep dive for the exclusions.

4. BOBCARD TIARA: quarterly Nykaa vouchers

• Joining and annual fee: ₹2,499 each, waived on ₹2.5 lakh; joining fee reversed on ₹25,000 spend in 60 days
• ₹500 quarterly discount vouchers for Nykaa, Myntra and Flipkart
• Travel and dining: 3.75%
• Unlimited domestic lounge access on ₹75,000 quarterly spend
• Bundled Amazon Prime, JioHotstar, Gaana Plus and Swiggy One memberships

BOBCARD TIARA is aimed at women and is mostly about benefits rather than reward rate. The Nykaa vouchers are a small part of a large package. See our TIARA review.

5. PNB BLISS RuPay Platinum: the cheap voucher card

• Joining fee: ₹0; annual fee ₹510, waived on ₹1 lakh
• Quarterly vouchers: Nykaa ₹500, Ola/Uber ₹100, ₹250 off BookMyShow
• Base rate: 0.25%
• Minimum income: ₹30,000 a month

The rewards on PNB BLISS are weak, but four ₹500 Nykaa vouchers a year come to ₹2,000, about four times the annual fee. If you order from Nykaa every quarter anyway, it more than pays for itself.

6. IDFC FIRST SWYP: Nykaa discounts

• Joining and annual fee: ₹499 each
• Up to 20% discount at Nykaa, Domino's, MakeMyTrip, Myntra and others
• Monthly bonus points on ₹5,000 and ₹10,000 spends
• Forex markup: 0%

SWYP relies on merchant discounts rather than a reward rate. The discounts are offers that change, so check what's live before you count on them.

Summary table

Card	Annual fee	Nykaa benefit	Cap / condition	Min. income
HSBC Live+	₹999	10% online cashback	₹1,000/month	₹1,00,000
HDFC Regalia Gold	₹2,500	5X points (~6.25%)	5,000 bonus pts/month	₹1,50,000
SBI Cashback	₹999	5% online cashback	₹2,000/month	₹25,000
BOBCARD TIARA	₹2,499	₹500 quarterly voucher	Quarterly	Check issuer
PNB BLISS	₹510	₹500 quarterly voucher	Quarterly	₹30,000
IDFC FIRST SWYP	₹499	Up to 20% discount	Offer-based	₹25,000

Worked example: ₹4,000 a month on Nykaa

• HSBC Live+: ₹4,000 × 10% = ₹400 a month, ₹4,800 a year (if other online spends don't use up the ₹1,000 cap)
• HDFC Regalia Gold: ₹4,000 × 6.25% ≈ ₹250 a month in points, ₹3,000 a year
• SBI Cashback: ₹4,000 × 5% = ₹200 a month, ₹2,400 a year
• PNB BLISS: ₹2,000 a year in vouchers, plus a small amount in points

At ₹1,500 a month, HSBC Live+ gives ₹150 and SBI Cashback ₹75. At that level, PNB BLISS's ₹2,000 of yearly vouchers can actually beat both.

How to choose

1. Look at your whole online spend, not just Nykaa. Live+ and SBI Cashback both have caps shared with other online shopping. If you spend heavily on Amazon or Flipkart, put those on a dedicated card and keep the 10% or 5% for Nykaa.
2. Small, regular orders: a voucher card (PNB BLISS or TIARA) can beat a percentage card.
3. High total spend and travel plans: Regalia Gold's 5X points, milestones and lounges make it more than a shopping card.
4. Stack offers. Nykaa often runs bank-specific discounts during sales. A card discount plus your card's normal reward usually beats either on its own.

For related picks, see our guides to Myntra cards, online shopping cards and cards for women.

Figures here reflect BestCard's latest card data. Issuers change rates and exclusions, so check the issuer's page before applying. To compare these cards against your full monthly spend, try the card matcher.