When considering cashback credit cards in India, it’s crucial to thoroughly evaluate the cashback rates, annual fees, and additional benefits. These cards offer attractive cashback rewards for various categories, such as online shopping, groceries, dining, and utility bill payments. Users have multiple options to maximize their savings and enjoy additional benefits. India offers a diverse selection of credit cards that come with cashback perks. Some notable options include the Axis Bank Ace Credit Card, Amazon Pay ICICI Credit Card, and HDFC Millennia Credit Card. Through a thorough evaluation, you can make a well-informed choice and choose the card that best suits your spending patterns.
Best Cashback Credit Cards in India: Compare, Choose, and Save
Google Pay Axis Ace Credit Card
The Axis Bank Ace Credit Card provides numerous benefits and features that enhance your daily spending experience. This card has a multitude of benefits. Discover the advantages of earning cashback on bill payments, recharges, and select services. Furthermore, you can access lounges at domestic airports, receive a fuel surcharge waiver, and exclusive discounts at partner restaurants. In addition, you have the added benefit of converting your purchases into convenient EMIs. Before you submit your application for the card, it’s crucial to review the eligibility requirements and fees thoroughly.
Axis Bank Ace Credit Card Features and Benefits
• Cashback on All Transactions: 5% on bill payments, DTH, and mobile recharges via Google Pay.
• Cashback on Swiggy, Zomato, and Ola: 4% cashback.
• 1.5% cashback on all other spends.
• Lounge Access: 4 complimentary lounge visits per calendar year at select domestic airports.
• Fuel Surcharge Waiver: 1% waiver on fuel purchases at all fuel stations across India.
• Dining Delights: Up to 15% off at 4000+ partner restaurants in India.
• Convert Purchases to EMI: For significant purchases (Rs. 2,500 or more).
Amazon Pay ICICI Credit Card
The Amazon Pay ICICI Bank Credit Card is a card that comes with no joining fee or annual fee, making it a cost-effective option. The card provides unlimited reward points on all purchases, allowing you to redeem them as a monthly credit of one Rupee to your Amazon Pay balance. The card offers a 5% cashback on purchases made at Amazon India for Amazon Prime members and a 3% cashback for non-Prime members. In addition, it provides a 2% cashback on payments made to over 100 partner merchants through Amazon Pay and a 1% cashback on all other expenses. Start enjoying the benefits of this card by applying online.
Amazon Pay ICICI Bank Credit Card Features and Benefits
• Lifetime Free Card: No joining or annual fee.
• Unlimited Reward Points: Earn points on every card spent, credited monthly to your Amazon Pay balance.
• Amazon India spends 5% cashback on Amazon Prime members and 3% on non-Prime members.
• Partner Merchants: 2% cashback on payments to 100+ partner merchants.
• Other Expenses: 1% cashback on all other expenses.
HDFC Millennia Credit Card
Young professionals who value the ease of online buying will find great value in the HDFC Bank Millennia Credit Card. On well-known sites such as Amazon, Flipkart, and Uber, the card offers a 5% reward; on all other expenses—including fuel—it provides a 1%. Apart from receiving quarterly gift cards, cardholders may use meal discounts. Other advantages include the ease of contactless payment, a period of interest-free credit, the certainty of no obligation for stolen cards, and the possibility of having rolling credit. The yearly and joining fees run at ₹1000. That may be waived, however, if you spend ₹1,00,000 or more yearly.
HDFC Bank Millennia Credit Card Features and Benefits
• Cashback on Popular Platforms: 5% on transactions at Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, and Zomato.
• 1% Cashback on All Other Spends (except fuel), including EMI and wallet transactions.
• Quarterly Gift Vouchers: ₹1000 worth gift vouchers for spending ₹1,00,000 or more in each quarter.
• Dining Discounts: Up to 20% discount at partner restaurants via Swiggy Dineout.
• Zero Lost Card Liability: Report card loss immediately to 24-hour call center.
• Interest-free credit period: Up to 50 days from purchase date.
• Revolving credit: Available at nominal interest rate.
• Contactless payment: Enables fast, secure payments at retail outlets.
• Joining and annual fee: ₹1000, waived if spend ₹1,00,000 or more annually.
Cashback SBI Credit Card
The Cashback SBI Card provides a wide range of benefits and features. The card offers a 5% cashback on online transactions and a 1% cashback on offline spending. The cashback will be credited to your SBI Card account within two working days of your next statement generation. In addition, the card provides a 1% fuel surcharge waiver for all petrol pumps in India. The joining fee is ₹999, and the renewal fee remains ₹999 from the second year onwards. However, the renewal fee can be reversed if your annual spending for the last year is≥ ₹2,00,000.
Cashback SBI Card Features and Benefits
• Earn 5% cashback on online transactions without merchant restrictions.
• Receive 1% cash back for offline spending.
• Auto-credited to SBI Card account within two working days of statement generation.
• Offers 1% fuel surcharge waiver across all petrol pumps in India.
• One-time joining fee: ₹999.
• Annual renewal fee: ₹999 from second year onwards.
• Reversed if annual spends for last year are ≥ ₹2,00,0001.
Airtel Axis Bank Credit Card
The Airtel Axis Bank Credit Card provides exclusive benefits for Airtel users. These include a welcome voucher, cashback on bill payments and select purchases, complimentary lounge access, fuel surcharge waiver, discounts at partner restaurants, and the option to convert purchases into EMIs. Users can apply for the card online to access these privileges.
Airtel Axis Bank Credit Card Features and Benefits
• Welcome Benefit: Get an Amazon eVoucher worth ₹500 on your first transaction within 30 days of card issuance.
• Cashback Benefits: 25% cashback on Airtel Mobile, Broadband, WiFi, and DTH bill payments via the Airtel Thanks app.
• Cashback on utility bill payments via the Airtel Thanks app.
• Complimentary Lounge Access: 4 complimentary lounge visits at select Indian airports per calendar year.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on fuel purchases at all fuel stations across India.
• Eazy Diner: Up to 15% off at partner restaurants in India.
• Convert Purchases to EMI: Transactions of ₹2500 or more into easy EMIs.
Flipkart Axis Bank Credit Card
The Flipkart Axis Bank Credit Card provides numerous advantages for individuals who frequently shop online. There are several benefits available, including activation benefits and Flipkart vouchers. Additionally, you can earn cashback on your Flipkart spends and transactions with preferred merchants. The cardholders are entitled to various perks, such as airport lounge access, a fuel surcharge waiver, dining discounts, and the option to convert purchases into EMIs. The joining fee is ₹500, and the annual fee is ₹500 from the second year onwards. The annual fee can be waived if your annual spending exceeds ₹3,50,000.
Flipkart Axis Bank Credit Card Features and Benefits
• Welcome Benefits: ₹600 activation benefits, ₹500 Flipkart vouchers on the first transaction, and a 50% instant discount on the first Swiggy order.
• Cashback with Every Transaction: Unlimited 5% cashback on Flipkart spends, 4% on transactions with Preferred Merchants, and 1% on other eligible categories.
• Airport Lounge Access: 4 complimentary lounge visits to select airport lounges within India per calendar year, with a minimum spending of ₹50,000 in the previous 3 months.
• Fuel Surcharge Waiver: With a maximum benefit of up to ₹400 every statement cycle, there is a 1% fuel fee waiver on petrol purchases at any fuel station throughout India.
• Dining Delights: 15% off up to ₹500 at 10,000+ partner restaurants across India via EasyDiner.
• Convert Purchases to EMI: Transactions of ₹2500 or more into easy EMIs.
Swiggy HDFC Bank Credit Card
The Swiggy HDFC Bank Credit Card provides a range of advantages for those who frequently use Swiggy. Several cashback offers are available, such as 10% cashback on transactions made on the Swiggy app, 5% cashback on online spending, and 1% cashback on other eligible categories. Cardholders are eligible for a complimentary 3-month Swiggy One Membership. This membership comes with perks like free delivery and exclusive discounts. Other card features include zero liability for lost cards, a generous 50-day interest-free credit period, and the option for revolving credit at a low interest rate. The card has a joining fee of ₹500.
Swiggy HDFC Bank Credit Card Features and Benefits:
• Cashback on Swiggy Platforms: 10% on app transactions, 5% on online spends, and 1% on other categories.
• Complementary Swiggy One Membership: 3 months of unlimited benefits across restaurants, Instamart, and Genie orders.
• Zero lost card liability: Report card loss immediately to avoid fraudulent transactions.
• Interest-Free Credit Period: Up to 50 days of interest-free credit from purchase date.
• Revolving Credit: Available at a nominal interest rate.
• Joining fee: ₹500.
HSBC Cashback Credit Card
Cardholders of the HSBC Visa Cashback Credit Card get many benefits. These include an unlimited 1.5% cash back on all other transactions and a nice 10% cash back on dining, food delivery, and shopping costs. Cardholders may also benefit from free access to domestic lounges, an annual fee waiver for individuals who spend a lot of money, and 0% responsibility for lost cards, which provides peace of mind.
HSBC Visa Cashback Credit Card Features and Benefits:
• 10% Accelerated Cashback: Earn 10% on dining, food delivery, and grocery spending.
• Unlimited Cashback: Enjoy 1.5% unlimited cashback on all other spending.
• Complimentary Domestic Lounge Access: Enjoy 4 complimentary domestic airport lounge visits annually.
• Annual Fee Waiver: Joining fee and annual fee waived for spending over ₹200,000 per year.
• Zero Liability for Lost Cards: Insurance coverage up to ₹300,000.
• Online application available.
Standard Chartered Smart Credit Card
The Standard Chartered Smart Credit Card provides a generous 6% cashback on various everyday merchants, such as fast food establishments, coffee shops, digital subscriptions, and daily commute expenses. The card has no annual fees and also offers interest-free instalments. In addition, there is a promotion where the referrer and the friend can enjoy rewards through a refer-and-earn program.
Standard Chartered Smart Credit Card Features and Benefits:
• 6% Cashback on Everyday Merchants: Earn 6% Rewards Points on everyday transactions, with no minimum spending requirement.
• Cashback is available across various categories: fast food, coffee, digital subscriptions, and daily commute.
• No Annual Fees: No annual fees perpetually.
• Interest-Free Instalments: Convert transactions into 3-month EasyPay Instalment plans with no service fee.
• Refer and Earn Promotion: Enjoy rewards together, including cashback, miles, or gifts.
• Applicable for all spending needs.
Myntra Kotak Credit Card
The Myntra Kotak Credit Card is a great option for fashion enthusiasts who enjoy shopping on Myntra. The platform offers instant discounts and cashback, including a fixed 7.5% discount on Myntra purchases and a 5% cashback on preferred merchants. Furthermore, customers can earn 1.25% cashback on all their other purchases. Additionally, upon activating their card, they will receive a welcome voucher worth ₹500. In addition to its other perks, the card offers a complimentary Myntra Insider membership and free shipping on Myntra.
Myntra Kotak Credit Card Features and Benefits:
• Instant Discounts: FLAT 7.5% on Myntra purchases.
• Cashback: 5% on Preferred Merchants.
• Other Spends: 1.25% cashback.
• Welcome Voucher: ₹500 upon activation.
• Additional Perks: Myntra Insider membership, free shipping, early access to exclusive sales, PVR tickets, airport lounge access, and fuel surcharge waiver.
Conclusion
With rewards on a broad spectrum of spending areas, a well-built cashback credit card can increase your savings significantly. Understanding the characteristics and advantages of every card will help you make a wise choice that suits your financial goals and way of life. In India, cashback credit cards provide several benefits, including economic incentives and extra convenience from discounts and special deals. Choose the top cashback credit cards available in India to make wise decisions maximizing your financial advantages.
Unlock Maximum Cashback with These Top Credit Cards in India!
