The most straightforward perk a credit card can provide is cashback. Instead of earning incentives and then exchanging them for cash, gift cards, or other products, you spend money and get real value in return. There are many Cashback Credit Cards available in India, and the majority of them give additional rewards on specific types of purchases. You should choose the Best Cashback Credit Cards based on how you spend your money because there is no one Cashback Credit Cards that will meet everyone’s demands.
Top 10 Best Cashback Credit Cards in India
Cashback Credit Cards are very important to the citizens because it provide the real value of money in return. There are many types of cashback cards available in the market. Different institutions have their own credit cards which provide several benefits to the citizens. In the given below article, google shares you with the details of some of the most common Cashback Credit Cards, kindly go through it.
List of Best Cashback Credit Cards
- Axis Bank ACE Credit Card
- Flipkart Axis Bank Credit Card
- HSBC Cashback Credit Card
- HDFC Millennia Credit Card
- Citi Cashback Credit Card
- Standard Chartered Manhattan Platinum Credit Card
- Standard Chartered Super Value Titanium Credit Card
- Paytm SBI SELECT Credit Card
- YES Prosperity Cashback Plus Credit Card
- Kotak Delight Platinum Credit Card
Best Travel Credit Cards in India
Axis Bank ACE Credit Card
The best cashback credit card for purchasing groceries and utilities
Annual Fee: Rs. 499
Minimum Income: Communicated at the time of application
- 5% cashback when making bill payments and recharges with Google Pay
- on Swiggy, Zomato, and Ola, 4%
- 2% cashback on all other purchases
- 4 complimentary lounge visits each year at particular domestic airports
- At all fuel stations waiver of 1% fuel surcharge.
- 20% off at more than 4,000 partner restaurants
Flipkart Axis Bank Credit Card
Best cashback credit card with co-branded benefits
Annual Fee: Rs. 500
Minimum Income: Communicated at the time of application
- 5% cashback on Myntra, Flipkart, and 2GUD
- 4% cashback on shopping with desired Merchants
- Cashback in all other categories is 1.5 percent.
- 4 complimentary trips to domestic lounges each year.
- 1% off of fuel surcharges up to Rs. 500 per month.
- Greetings gifts costing Rs. 3,300
HSBC Cashback Credit Card
Best cashback credit card for all online spends
Annual Fee: Rs. 750
Minimum Income: Rs. 4 Lakh per annum
- 1.5% cashback on all online purchases (excluding transfer to online wallets)
- 1% rebate on all other purchases
- No upper limit on cashback
- As long as Instant EMI is used at the listed retailer, cashback is also received.
- Within 45 days of the card statement date, the cashback earned is refunded back to the account.
- Discounts of up to 15% at restaurants that collaborate with them
What is Contactless Credit Card
HDFC Millennia Credit Card
Best cashback credit card with benefits across multiple categories
Annual Fee: Rs. 1,000
Minimum Income: Rs. 25,000 per month
- Amazon, Cult.fit, BookMyShow, Sony LIV, Flipkart, Myntra, Swiggy, Tata CLiQ, Zomato, and Uber all provide 5% cashback.
- On offline purchases and wallet reloads, a 1% cashback is offered.
- Cashback will be earned in the form of Cash Points.
- 8 free visits to domestic lounges each year
Citi Cashback Credit Card
Best cashback credit card for movies and utilities
Annual Fee: Rs. 500
Minimum Income: Rs. 25,000 per month
- On the purchase of movie tickets, phone, and other utility bills, there is a 5% cashback.
- For every other category, there is a 0.5 percent cashback.
- 15% off at restaurants that are Citibank partners.
- Transform expensive purchases into simple EMIs
Standard Chartered Manhattan Platinum Credit Card
Best cashback credit card for supermarket spends
Annual Fee: Rs. 999
Minimum Income: Rs. 90,000 per month
- When buying at supermarkets, you get 5% back.
- 3X bonus points are awarded for all other costs.
- 25% off INOX movie tickets as well as food and drink.
- Upon spending Rs. 1,20,000 in the preceding year, the annual charge will be waived.
Standard Chartered Super Value Titanium Credit Card
Best cashback credit card for fuel and utilities
Annual Fee: Rs. 750
Minimum Income: Rs. 55,000 per month
- 5% cashback on utility, phone, and fuel bills, up to a monthly cap of Rs. 200.
- Every Rs. 150 spent earns you one reward point.
- Waiver of renewal fees for annual spending of Rs. 90,000.
Paytm SBI SELECT Credit Card
Best cashback credit card for Travel and Shopping
Annual Fee: Rs.1,499
Minimum Income: Communicated at the time of application
- Cashback of 5% is available on Paytm Mall, movies, and travel.
- 2 percent cashback on all additional Paytm App purchases.
- 1% reward on all additional purchases made at both physical and online stores.
- Paytm membership worth Rs. 750 is free.
- 4 free lounge visits within a calendar year.
- Waiver of 1% fuel surcharge at all gas stations in India
YES Prosperity Cashback Plus Credit Card
Best cashback credit card for all your Bill Payments
Annual Fee: Rs.1,499 + Taxes
Minimum Income: Rs.25,000 per month
- 5% cashback* on movie ticket purchases.
- 5% cashback* on grocery purchases.
- 0.75% cashback* is offered on all other retail purchases.
- On YES PayNow bill payments, you can receive 5% cashback*.
- a 250 rupee welcome bonus on expenditures of 2500 rupees.
- Waiver of the 1% fuel levy at all fuel stations in India.
- Discounts and cashback under YES Privileges on dining, shopping, and other activities.
Kotak Delight Platinum Credit Card
Best cashback credit card for dining and movies
Annual Fee: Rs. 299
Minimum Income: Communicated at the time of application
- If you spend Rs. 10,000 or more in a month on categories other than these two, you’ll get 10% cashback on dining and movies.
- For each category, the maximum monthly cashback is set at Rs. 600.
- Upon spending Rs. 1.25 lakh in six months, you can choose between 4 complimentary PVR tickets or Rs. 750 in compensation.
Best Cashback Credit Cards in India 2022- Summary
| Credit Card | Best Suited For | Key Feature |
| Axis Bank ACE Credit Card | Utilities and Food Orders | 5% cashback on bill pay and recharge via Google Pay |
| Flipkart Axis Bank Credit Card | Co-branded Benefits | 5% cashback on Flipkart, Myntra and 2GUD |
| HSBC Cashback Credit Card | Online Shopping | 5% cashback on all online spends* |
| HDFC Millennia Credit Card | Overall Cashback Benefit | 5% cashback on Amazon and Flipkart; 1% cashback on offline spends and wallet reloads |
| Citi Cashback Credit Card | Movies and Utilities | 5% cashback on movie tickets, telephone and other utility bill payments |
| Standard Chartered Manhattan Platinum Credit Card | Supermarket Spends | 5% cashback when shopping at supermarkets |
| Standard Chartered Super Value Titanium Credit Card | Fuel and Utilities | 5% cashback on fuel, phone and utility bills* |
| Kotak Delight Platinum Credit Card | Dining and Movies | 10% cashback on dining and movies* |
*Terms and Conditions Apply.
How did we choose these credit cards with cash back?
The value return that each of these cards offers has been our major consideration. Additionally, we have covered a variety of purchasing areas, including those offering extensive cashback rewards across many categories. Most of the cards on our list fall into the “low to moderate” charge category, making them suitable for a wide range of purposes. To gain an independent assessment of each of the mentioned cards, read our reviews.
How do I pick the best credit card for cash back?
Depending on how you want to use the card, you can select the finest credit card for cashback. Understanding your needs is crucial when picking any sort of card because credit card advantages are typically geared towards one or two certain areas. The Standard Chartered Manhattan Platinum Credit Card, for instance, might be a smart choice if you intend to use the card primarily for groceries. However, their Super Value Titanium Credit Card might be preferable if you want to receive rewards for petrol expenses.
Once your selections have been reduced, compare the cards based on factors like annual cost, cashback rate, bonus categories, etc.
10 Different Types of Credit Cards in India
FAQ’s
The same concept underlies both cashback and rewards: they serve as a simple inducement to use your card. As opposed to reward points, which must first be accumulated before being redeemed at a later time, cashback is straightforward to understand and administer. You can convert reward points from some cards into cash, but the exchange rate might not be the same. In contrast, there are reward credit cards that enable mile conversion, which may be preferable than cashback, particularly if you travel frequently. Therefore, you must decide based on your needs.
Utilizing your cashback credit card for bonus category purchases is the simplest method to increase its rewards. For instance, in order to take full use of the fuel savings offered by your cashback credit card, you must charge your fuel expenses to this card.