Best Cashback Credit Cards in India

List of Best Cashback Credit Cards

With lots & lots of credit cards on the market in India, you may find it very difficult to filter out cash-back cards from different issuers. Every card issuer offers various cards in different categories, including travel, rewards, cashback, shopping, and many more, so it becomes quite difficult to check all the websites and note down the credit cards. To make the trip easier for you, we have made a list of the best cashback credit cards available in India. You can check out the features, benefits, and charges, and compare cash-back credit cards to choose the best-suited card for you.

Rewards & Features

Features	Swiggy Ornge HDFC Bank Credit Card	Flipkart Axis Bank Credit Card	Amazon Pay ICICI Bank Credit Card	Kotak Cashback+ Credit Card
Joining/Annual Charge	₹500 + GST	₹500 + GST	Lifetime Free	₹750 + GST
Welcome Benefits	Free 12-Month Swiggy One Membership	₹250 Flipkart Voucher + ₹100 Swiggy Discount	Cashback and Discounts Up to ₹2,500 and One Month EazyDiner Membership	N/A
Rewards Rate	5% Cashback on Swiggy App Spends (Food Delivery, Instamart, Dineout) and Select Online Categories Such as Apparel, Pharmacies, Pet Stores, Personal Care, Electronics, Entertainment, Travel, Discount Stores & Local Cabs; 1% Cashback on Other Eligible Spends	5% Cashback on Flipkart & Cleartrip, 7.5% Cashback on Myntra, 4% Cashback on Preferred Partners (Swiggy, Uber, PVR, and cult.fit), and 1% Cashback on All Other Spends	5% Cashback on Amazon Purchases for Prime Members and 3% Cashback for Non-Prime Members, 2% Cashback on Partner Brands, and 1% Cashback on All Other Eligible Spends Except Fuel Purchases	5% Cashback on Online Food, Grocery, and Entertainment. 3% Cashback for Fuel and Unlimited 0.5% Cashback for Other Categories
Domestic Lounge Access	N/A	N/A	N/A	N/A

Benefits Of Cashback Credit Cards

Cashback cards might be the best option for individuals who aim to save more on spending via their credit cards. With these cards, you earn cashback every time you spend, and this cashback is credited to your account, which can be used against your statement balance as well. The following are some of the reasons why you should consider having a cashback credit card:

• A credit card with cashback lets you save up to 25% of your spends. You save something almost every time you spend.
• Unlike reward points, cashback redemption is easy and hassle-free, as it is automatically credited to your account. Moreover, you can use your earned cashback wherever you want.
• Most cash-back cards are affordable. They generally have a low joining fee, and some are even free for life.

Besides these general benefits, cashback cards can also provide additional privileges to their customers. These cards mostly focus on cashback offers, but you may also get other benefits with some of the best cash-back credit cards. The cashback credit card benefits may be as follows:

Welcome Benefits

With most of the cashback cards, you get a welcome benefit. Different cards offer different welcome benefits to their customers, which may be accelerated cashback in a particular category, a premium subscription, or anything else. You generally get a welcome benefit when you join the card membership by paying the joining fee.

Milestone Benefits

Under the milestone program of a credit card, you can get exciting offers and benefits by spending the required minimum amount within a given time period.

Travel Benefits

Some cashback credit cards offer exclusive travel perks, including discounts on flight and hotel bookings and complimentary access to domestic and international airport lounges.

Movie & Dining Benefits

Considering the people who love to go to movies frequently or who dine out very often, many card issuers offer cards with exciting movie & dining benefits. These benefits may include complimentary movie tickets, discounts on dining, and exclusive premium memberships for complimentary dine-out apps.

How to Choose The Right Cashback Credit Card?

Almost everyone wants to save on their spending by earning cashback or discounts, and one of the best ways to do so is to use credit cards. To save more by earning cashback, you should consider having a cashback credit card. However, it always needs to be clarified which credit card to use. Which one will earn you the maximum benefit? If you are also going through the same questions, we are here with answers & options for you.

The first thing you need to understand before choosing a cashback credit card is your shopping habits. Determine whether you prefer online or offline shopping and the categories where you spend the most. If you frequently order food from Zomato, choose a card with the best cashback offers on Zomato. So, take your time and apply for a credit card wisely.

How to Apply for Cashback Credit Cards Online?

To apply for a cashback credit card, you have the option to apply online or offline. If you choose to apply online, you can click on the “Apply Now” button. This will redirect you to the official application page, where you can fill out the application form with all the required information and upload the necessary documents. Individuals who don’t prefer online methods to apply for a credit card can visit their nearest bank with all the required documents to apply for a credit card. Whichever method you choose, apply for a cashback that best suits your needs.

Best Cashback Credit Cards in India With No Annual Fee

Almost everyone wants a credit card, but many people are afraid of applying for one due to the high annual charges. However, it must be understood that some of India’s best cashback credit cards come with a zero annual fee and target low-income individuals. Everyone can apply for these cards as long as they fulfill the age eligibility and have a source of income. Some of the best cashback cards in India with no annual fee include the Amazon Pay ICICI Credit Card. It is considered to be the most rewarding and popular credit card in India, with membership numbers crossing over five million in 2024.

Difference Between Rewards & Cashback Credit Cards

Many people consider rewards credit cards and cash-back credit cards to be the same thing, but they are different. Rewards credit cards earn you reward points, whereas cashback cards reward you with cashback. Some people prefer having a credit card for cashback, and others like rewards cards. If you don’t understand all the differences between the two, refer to the table given below to understand the same:

Rewards Credit Card	Cashback Credit Card
The Rewards Credit cards earn you Reward Points on every spend you make using the card.	A credit card with cashback earns you cashback on your spending made using the card.
The Reward Points need to be redeemed on a particular website/portal or through net banking to use them.	You don’t need to redeem the cashback, as it is automatically credited to your account.
The Reward Points you earn through the Rewards Credit cards are valid for a fixed time period, and if you don’t use them within that time period, they expire.	The cashback you earn using the cashback cards never expires. Once it is credited to your account, you can use it anytime.
The reward points can be redeemed against selected categories/products only that are available in the reward catalog of that particular bank.	The cashback earned through the Cashback cards can be used to buy anything you want.

Bottom Line

A cashback credit card can benefit each of you, no matter how you use your card. The only thing you need to do is choose the card according to your spending habits. As most cash-back credit cards provide maximum benefit for one or two particular categories, it is essential to understand the categories where you spend the most to get the utmost advantage out of your cash-back credit card. You should also compare the cards based on other factors, including travel, movies, dining, and fuel benefits.

The best advantage of having a cashback credit card is its easy and hassle-free redemption process. You don’t need to go through a lengthy and confusing redemption process like rewards credit cards, but the cashback is generally credited to your account automatically. Moreover, cashback cards are affordable to have & easy to use, giving you another significant reason to have one. So, if you know your spending behavior, just find the right cashback credit card & go for it.

Also, please let us know which credit card you will choose for cashback and why. If you have any questions about any information in this article, please ask us in the comment section below!