Amongst all kinds of rewards that credit card holders receive, the best kind of reward is often considered to be Cashback as they are hassle-free, quick, and easy to use. It allows cardholders to earn cash on purchases made on movies, dining, flight bookings, online shopping, etc.
Let us now discuss the Top 10 Cashback Credit Cards available in the market:
| Card Name |
Annual Fee |
| SBI Cashback Card |
INR 999 |
| Axis Bank Ace Credit Card |
INR 499 |
| Flipkart Axis Bank Credit Card |
INR 500 |
| Amazon Pay ICICI Credit Card |
NIL |
| HDFC Millennia Credit Card |
INR 1000 |
| HSBC Cashback Credit Card |
INR 750 |
| Paytm SBI Select Credit Card |
INR 1499 |
| Standard Chartered Smart Credit Card |
INR 499 |
| Yes Prosperity Cashback Plus Credit Card |
INR 1499 |
| HDFC Moneyback+ Credit Card |
INR 500 |
Now let us discuss them in detail to know which one is the Best Cashback Credit Card:
Below mentioned are the features of the SBI Cashback Credit Card:
| Joining Fees |
INR 999 |
| Renewal Fees |
INR 999 (Plus Applicable Taxes) |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
N/A |
| Card Details |
- Zero Joining Fee (offer valid till March 2023)
- 5% cashback on online spends
- 1% flat cashback on all offline transactions and utility bill payments
- 4 complimentary domestic airport lounge visits in a year (subject to 1 visit per quarter)
- Annual fee reversal on spending INR 2 lakh in a year
|
- Axis Bank Ace Credit Card
| Joining Fees |
INR 499 (reversed on the spending of INR 10,000 within 45 days of card issuance) |
| Renewal Fees |
INR 499 (waived off on annual spend of INR 2 lakh or more) |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
N/A |
| Card Details |
-
- 5% cashback on bill pay and recharge via Google Pay
- 4% on Swiggy, Zomato and Ola
- 2% cashback on all other spends
- 4 free lounge visits per year at select domestic airports
- 1% fuel surcharge waiver at all fuel stations
- 20% discount at 4000+ partner restaurants
|
- Flipkart Axis Bank Credit Card
| Joining Fees |
INR 500 + GST |
| Renewal Fees |
INR 500 + GST |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
Introductory benefits worth INR 1,100 on card issuance, the benefit of up to INR 500 worth of Flipkart vouchers, 15% cashback up to INR 500 on your first transaction on Myntra, and 50% discount of up to INR 100 on your first transaction for new to Swiggy customers. |
| Card Details |
- 5% cashback on Flipkart and Myntra
- 4% cashback on shopping with preferred merchants
- 1.5% cashback across all other categories
- 4 complimentary domestic lounge visits in a year
- 1% fuel surcharge waiver up to INR 500 per month
- Welcome benefits worth INR 1,100
|
- Amazon Pay ICICI Credit Card
| Joining Fees |
Nil |
| Renewal Fees |
Nil |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
Get welcome benefits worth INR 1500 plus 3 months of Prime membership |
| Card Details |
-
- 5% cashback on Amazon for Prime Customers
- 3% cashback on Amazon for Non-Prime Customers
- 2% cashback on 100+ partner merchants
- 1% cash back on all other transactions
|
- HDFC Millennia Credit Card
| Joining Fees |
INR 1000 (Plus applicable taxes) |
| Renewal Fees |
INR 1000 (Plus applicable taxes) |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
1,000 Cash Points as a Welcome Benefit. |
| Card Details |
-
- 5% cashback on Amazon, Cult. fit, BookMyShow, Sony LIV, Flipkart, Myntra, Swiggy, Tata CLiQ, Zomato, and Uber
- 1% cash back on offline spends and wallet reloads
- Cashback will be earned in the form of Cash Points
- 8 free domestic lounge visits per year
|
- HSBC Cashback Credit Card
| Joining Fees |
Nil |
| Renewal Fees |
INR 750 |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
Amazon voucher worth INR 500 and 3 complimentary domestic lounge access |
| Card Details |
-
- 1.5% cashback on all online spends (excluding transfers to online wallets)
- 1% cashback on all other spends
- No maximum cap on cashback
- Cashback is also earned on Instant EMI as long it is used at the listed merchant
- Up to 15% discount at partner restaurants.
|
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- Paytm SBI Select Credit Card
| Joining Fees |
INR 1499 |
| Renewal Fees |
INR 1499 plus GST |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
Get a Complimentary Paytm First Membership is provided on card activation as a welcome offer. Welcome Cashback of INR 750 is provided to the cardholder upon activation of the credit card in your Paytm wallet. |
| Card Details |
-
- 5% cashback on Paytm Mall, Movies and Travel
- 2% cash back on other purchases via the Paytm app
- 1% cashback on any other spends on offline and online stores
- Complimentary Paytm First Membership worth INR 750
- 4 complimentary lounge access in 1 year
- 1% fuel surcharge waiver at all fuel stations across India
|
- Standard Chartered Smart Credit Card
| Joining Fees |
INR 499 + GST |
| Renewal Fees |
INR 499 + GST |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
Extended 90 days interest period from the date of the card issuance date. |
| Card Details |
- 2% cashback (Max. INR 1,000 per month) on online transactions
- 1% cashback (Max. INR 500 per month) on all other spends
- Renewal fee waiver by spending INR 1.2 lakh annually
- Interest-free credit period of up to 90 days
- Convert purchases of INR 2,000 and above into EMIs
|
- Yes Prosperity Cashback Plus Credit Card
| Joining Fees |
INR 1499 plus applicable taxes |
| Renewal Fees |
INR 1499 plus applicable taxes |
| Best Suite For |
Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
A cashback of INR 250 on spending INR 2500 within the first 30 days. |
| Card Details |
- 5% cashback* on movie ticket bookings and grocery shopping
- 0.75% cashback* on all other retail spends
- 5% cashback* on bill payments via YES PayNow
- Welcome cashback of INR 250 on spends of INR 2,500
- 1% fuel surcharge waiver at all fuel stations across India
|
- HDFC Moneyback+ Credit Card
| Joining Fees |
INR 500 plus applicable taxes |
| Renewal Fees |
INR 500 plus applicable taxes |
| Best Suite For |
Travel | Dining | Shopping |
| Reward Type |
Reward Points |
| Welcome Benefits |
Get 500 Cash Points |
| Card Details |
-
- 10X Cash Points on Flipkart, Amazon, Swiggy, Reliance Smart Super Store & Big Basket
- 5X Cash Points on EMI spend at merchant locations
- 2 Cash Points per INR 150 spent on other categories (except fuel, wallet reload, prepaid card loads, and voucher purchases)
- Activation benefit of 500 Cash Points
- Gift voucher worth INR 500 on spending INR 50,000 or above in a quarter
|
