Cashback credit cards have become increasingly popular in India as they provide a way to earn money back on everyday purchases. Whether you’re shopping online, dining out, paying bills, or booking travel, these cards offer a percentage of your spending as cashback, helping you save more.
With various banks offering exclusive deals on different categories like e-commerce, fuel, dining, and utility bills, choosing the right cashback credit card can maximize your savings.
Here’s a list of the best cashback credit cards in India along with their key benefits.
1. Swiggy HDFC Bank Credit Card
Best Suited For: Dining & Food
- Joining Fee: ₹500 + GST
- Renewal Fee: ₹500 + GST
- Welcome Benefits: Complimentary 3-month Swiggy One Membership
- Cashback:
- 10% on Swiggy (Food Delivery, Instamart, Dineout)
- 5% on Partner Brands
- 1% on Other Purchases
2. Flipkart Axis Bank Credit Card
Best Suited For: Shopping
- Joining Fee: ₹500 + GST
- Renewal Fee: ₹500 + GST
- Welcome Benefits: Introductory benefits worth ₹600
- Cashback:
- 5% on Flipkart
- 4% on partner brands like Cleartrip, PVR, Swiggy
- 1.5% on other spends
3. Cashback SBI Credit Card
Best Suited For: Shopping & Food
- Joining Fee: ₹999 + GST
- Renewal Fee: ₹999 + GST
- Welcome Benefits: N/A
- Cashback:
- 5% on online spending
- 1% on other online spending
- Limit: Up to ₹5,000 per statement cycle
4. HDFC Bank Millennia Credit Card
Best Suited For: Shopping
- Joining Fee: ₹1,000 + GST
- Renewal Fee: ₹1,000 + GST
- Welcome Benefits: 1,000 CashPoints
- Cashback:
- 5% on Amazon, Flipkart, and partner brands
- 1% on offline purchases
- Maximum cashback limit: 2,000 CashPoints per statement cycle
5. Airtel Axis Bank Credit Card
Best Suited For: Bill Payment & Food
- Joining Fee: ₹500 + GST
- Renewal Fee: ₹500 + GST
- Welcome Benefits: ₹500 Amazon Voucher
- Cashback:
- 25% on Airtel Payments
- 10% on utility bills
- 10% on partners like Swiggy, Zomato, BigBasket
6. Axis Bank ACE Credit Card
Best Suited For: Bill Payments
- Joining Fee: Nil (Limited Time Offer)
- Renewal Fee: ₹499 + GST
- Welcome Benefits: N/A
- Cashback:
- 5% on bill payments & recharges via Google Pay
- 4% on Zomato, Swiggy, Ola
- 1.5% on other spends
7. Amazon Pay ICICI Bank Credit Card
Best Suited For: Shopping
- Joining Fee: Nil
- Renewal Fee: Nil
- Welcome Benefits: Cashback and discounts up to ₹2,000 + Free 3-month Prime Membership
- Cashback:
- 5% on Amazon (for Prime members)
- 3% on Amazon (for non-Prime members)
- 1% on all other spends
8. HSBC Live+ Credit Card
Best Suited For: Groceries & Dining
- Joining Fee: ₹999 + GST
- Renewal Fee: ₹999 + GST
- Welcome Benefits: ₹1,000 cashback on spending ₹20,000 in the first 30 days
- Cashback:
- 10% on groceries, dining, and food delivery
- 1.5% on other spends
9. Axis Bank Cashback Credit Card
Best Suited For: Online Shopping
- Joining Fee: ₹1,000 + GST
- Renewal Fee: ₹1,000 + GST
- Welcome Benefits: 5,000 EDGE reward points on first transaction within 30 days
- Cashback:
- Up to 7% cashback on online spends
- Limit: ₹2,150 for 7% cashback on online spends above ₹40,001
How to Choose the Best Cashback Credit Card?
Before applying for a cashback credit card, consider the following factors:
- Spending Habits: Choose a card that offers the highest cashback on your frequent purchases.
- Annual Fees: Some cards have high renewal fees, so check if the cashback earnings outweigh the cost.
- Cashback Capping: Many cards have a limit on cashback earnings per month or statement cycle.
- Additional Perks: Look for added benefits like lounge access, discounts on dining, and milestone rewards.
Conclusion
Cashback credit cards can help you save money on your daily expenses. Whether you shop on Flipkart, order food from Swiggy, or pay utility bills, there’s a credit card that fits your needs. Compare these cards and pick the best one based on your spending habits.