Cashback credit cards are simple. Spend, get cashback and redeem it for statement credit. No need to worry about planning with miles. That’s why cashback credit cards are quite popular. But, which are the best cashback credit cards that give you the best return. Here is a list of the best cashback credit cards in India.
This list also includes credit cards that offer reward points that are equivalent to cashback that is 1 RP = Rs 1.
SBI Cashback Credit Card
SBI Cashback is the table topper when it comes to cashback on online spends. It gives you 5% cashback on most of the online shopping spends across all merchants like Flipkart, Amazon and Myntra. Out of all cashback credit cards, this is the best for online spends.
- Joining Fee: Rs 999+GST
- Annual Fee: Rs 999+GST
- Cashback: 1% to 5%
- Best Use: 5% cashback on online spends
- Airport Lounge Access: Not Available
- Con: SBI Cashback credit is not eligible for 10% instant discount during e-commerce sales
Tata Neu Infinity Credit Card
Tata Neu Infinity is not exactly a cashback credit card but with 1 NeuCoin = Rs 1, it is a pretty good option as a cashback equivalent card. This is the best cashback credit card for spends on Tata Neu app like BigBasket, 1Mg etc.
- Joining Fee: FYF/LTF/Rs 1499+GST
- Annual Fee: LTF/Rs 1499+GST
- Cashback: 1.5% to 5%
- Best Use: 5% cashback on online spends
- Airport Lounge Access: Both Domestic and International airport lounge access
- Con: NeuCoins can only be redeemed on Tata Neu app
Standard Chartered Smart Credit Card
Standard Chartered Smart credit card offers just 1% or 2% cashback on spends. But its USP is that it does not have many exclusions where cashback is not applicable. Be it wallets, insurance or utility payments, you get cashback.
- Joining Fee: FYF/Rs 499+GST
- Annual Fee: Rs 499+GST
- Cashback: 1% to 2%
- Best Use: 2% cashback on wallet, insurance and utility spends
- Airport Lounge Access: Not Available
- Con: Issued only to salaried customers and in limited cities
Airtel Axis Bank Credit Card
Airtel Axis Bank credit card is an underrated cashback credit card. It gives you up to 25% cashback on Airtel spends and 10% cashback on utility bill payments.
- Joining Fee: Rs 500+GST
- Annual Fee: Rs 500+GST
- Cashback: 1% to 25%
- Best Use: Airtel recharges and payments, Utility bill payments
- Airport Lounge Access: Only domestic airport lounge access
- Con: Difficult to get this approved
Axis Bank Ace Credit Card
Axis Bank Ace credit card is not the cashback master it used to be but is still a good option for offline spends. It gives 2% uncapped cashback on any offline spends.
- Joining Fee: Rs 499+GST
- Annual Fee: Rs 499+GST
- Cashback: 2% to 5%
- Best Use: 2% unlimited cashback on offline spends
- Airport Lounge Access: Only domestic airport lounge access
- Con: You need a Google Pay invite to get this card.
Swiggy HDFC Bank Credit Card
Swiggy HDFC Bank credit card is another excellent option that gives you reward points equivalent to cashback. The rewards get accumulated in your Swiggy wallet and can be used for any spends on Swiggy.
- Joining Fee: Rs 500+GST
- Annual Fee: Rs 500+GST
- Cashback: 1% to 10%
- Best Use: 5% cashback on online spends and 10% cashback on Swiggy spends
- Airport Lounge Access: Not Available
- Con: Cashback is credited to Swiggy wallet
Other Cashback Credit Cards
These are just the top 6 of the best cashback credit cards. There are many other options that you can check out.
- Flipkart Axis Bank Credit Card: This one offers you 5% cashback on Flipkart spends and 1.5% on other spends. SBI Cashback and Axis Ace offer you better/same cashback.
- Amazon Pay ICICI Bank Credit Card: This one offers you 5% cashback on Amazon spends and 1% on other spends. Again, SBI Cashback and Axis Ace offer you better/same cashback.
