Cashback Credit Card

Cashback Credit Cards in India

Cashback credit cards give you cashback on all your spends. But, many of them come with accelerated cashback offers on selected categories. Different cashback credit cards may provide accelerated cashback on different categories like travel, entertainment, shopping, international transactions, or anything. You should thus choose a card that matches your spending habits. It gives you more benefits compared to when you choose a regular cashback card. When you use a cashback credit card effectively, it significantly reduces your card’s annual maintenance. Here is a list of the best cashback credit cards in India.

Axis Bank Ace Credit Card

Features and Benefits

• 5% cashback on the payment of bill, recharge of DTH, and mobile recharge initiated through Google Pay
• 4% cashback on Swiggy, Ola, and Zomato
• 2% cashback on all other spends
• No upper limit or maximum cashback earned
• 4 complimentary domestic lounge visits annually.
• 1% fuel surcharge waiver across all fuel stations on transactions in the range of Rs. 400 to Rs. 4,000.
• Up 20% off across 4,000+ participating restaurants

Why Should You Choose The Axis Bank Ace Credit Card?

• You can earn good value back on all your purchases using this card as it comes with a 2% flat rate cashback
• It offers upto 5% cashback on categories popularly used by everyone such as bill payments, mobile recharges, and DTH done via Google Pay and 4% cashback on merchants such as Swiggy, Zomato, and Ola
• It is a very good deal for those who spend across all these categories frequently
• There is no upper limit on the maximum cashback that can be received.
• This is one of the best entry-level cards for high overall value back, especially for people who have just begun their careers

Amazon Pay ICICI Credit Card

Features and Benefits

• 5% cashback on all purchases made on Amazon
• 3% cashback on all purchases made on Amazon
• 2% cashback on transactions done for flight bookings, bill payments, recharges, gift cards, and spends on Amazon Pay partner merchants
• 1% cashback on other spends
• 1% waiver on fuel surcharge across all petrol pumps in India
• Chip and PIN facility that enables a safe transaction at POS (Point Of Sale) and ATMs
• No cost EMIs are given to users who buy items on Amazon that are worth over Rs. 3,000. No cost EMIs come with a tenure of just 3 and 6 months

Why should you choose the Amazon Pay ICICI Credit Card?

• This credit card that offers the highest benefits for your purchases at Amazon.
• Amazon Prime members can avail 5% cashback on their transactions at Amazon, without any joining or annual fee.
• On the other hand, non-prime members can get 3% cashback on Amazon transactions
• Besides cashback, you can also obtain other privileges, like fuel surcharge waiver, dining benefits, and no-cost EMI facility with this credit card.
• This is a great choice if you often shop online from Amazon and are looking for a card that offers benefits on online shopping.

HDFC Millennnia Credit Card

Features and Benefits

• 5% cashback on Swiggy, Uber, Cult.fit, Flipkart, Myntra, Sony LIV, Amazon, Tata CLiQ, Zomato, and BookMyShow
• 1% cashback on all other spends (Except fuel) including wallet and EMI transactions.
• Upto 20% discount on partner restaurants via Swiggy Dineout.
• Rs. 1000 worth gift vouchers on spends worth Rs. 1,00,000 and more in each calendar quarter

Why should you choose the HDFC Millennia Credit Card?

• The HDFC Millennia credit card offers profitable cashback on multiple categories like online shopping, travel, wallet loading, and other offline transactions.
• You will get 5% cashback on popular websites like Amazon and Flipkart
• You will also receive cashback on EMIs and wallet loading with this card. This feature is not present in many credit cards
• For just an annual fee of Rs. 1,000, this card offers a good deal of cashback and discount
• This card is a perfect choice for those who like to make high spends on the card since this card offers cashback only if a certain preset amount is exceeded

YES Prosperity Cashback Plus Credit Card

Features and Benefits

• 5% cashback on grocery shopping and movie ticket bookings
• 0.75% cashback on all other retail spends
• 5% cashback on bill payments via YES PayNow
• Welcome cashback of Rs. 250 spends of Rs. 2,500
• 1% fuel surcharge waiver across all fuel stations in India

Why should you choose the Yes Prosperity Cashback Plus Credit Card?

• This card offers 5% cashback on bills including rent payments, mobile recharge, telephone bill payments, and gas and electricity bill payment
• There is a 5% cash back on groceries
• The benefit of getting generous rewards on utilities and groceries

HSBC Cashback Credit Card

Features and Benefits

• 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 received on Instant EMI as long it is utilized at the listed merchant
• Up to 15% discount at partner restaurants

Why should you choose the HSBC Cashback Credit Card

• Unlimited cashback of 1.5% on online purchases
• 1% cashback on all other purchases.
• This is a great choice for those who like to shop online but do not want to be limited to a particular website.
• The bigger your spendings, the bigger the cashback you can fetch.
• The card rewards you for online expenses, and it covers almost all the popular categories such as food, shopping, lifestyle, travel, etc. Nevertheless, you have to pay for them online.
• 1% flat cashback on offline expenses is also beneficial

HDFC MoneyBack + Credit Card

Features and Benefits

• 10X CashPoints on Swiggy, Amazon, Flipkart, Reliance Smart SuperStore, & BigBasket
• 5X CashPoints on EMI spends at locations of merchants
• 2 CashPoints on each spends of Rs. 150 on other categories (except fuel, wallet reload, prepaid card loads, voucher purchases)
• Welcome benefit of 500 CashPoints
• Gift voucher worth Rs. 500 on spending Rs. 50,000 or above in a quarter

Why Should You Choose the HDFC MoneyBack + Credit Card?

• Using this card, you can get CashPoints on your transactions and later redeem them as per your requirements.
• You can avail bonus CashPoints after paying the joining fee
• This credit card also rewards you with a gift voucher of value Rs. 500 on achieving milestone spends.
• Apart from this, you can also avail other benefits, including complimentary dine out membership, an interest-free credit period, a fuel surcharge waiver, and more with this credit card.
• It is a great choice if you are looking for a card that gives discounts on your purchases.

Flipkart Axis Bank Credit Card

Features and Benefits

• 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 annually
• 1% fuel surcharge waiver up to Rs. 500 per month
• Welcome benefits worth Rs. 1,100

Why Should You Choose The Flipkart Axis Bank Credit Card?

• It is most suitable for people who are active users of Flipkart and Myntra
• It gives a 5% cashback every time you shop on the given platforms.
• 4% cashback on other merchants like ClearTrip, PVR, Uber, and Cure.Fit can also be availed.
• This card encompasses the three very popular categories – shopping, travel, and lifestyle.
• This is a perfect credit card for discounts and offers on online shopping across multiple categories.

How To Apply Online For A Cashback Credit Card?

Through CreditMantri

1. Click on “CHECK ELIGIBILITY”

2. Fill in details like mobile number, email ID, employment type, residence city, residence Pin code, loans, etc.

3. Click on “Submit”

4. Input the OTP dispatched to your registered mobile number.

5. Follow the instructions and go on to complete the rest of the application

Through The Bank or Company Website

• Go to the official website of the bank or company and select the card of your choice
• Once the card is selected, there is an option for the card to be reviewed once you have applied for it.
• It will give you the option of whether you are an existing customer or not
• If you are an existing customer, then it will ask you for details like your phone number, PAN card, and customer ID.
• As you input the information, it will dispatch you an OTP number on your mobile.
• You will have to enter the number in the slot given on the website.
• Once you key in the OTP, it will ask a few basic questions like work, experience, income, etc.
• Post this, you can click on the apply option.
• If you are not an existing customer, you will also have to enter your Aadhaar and other personal details
• After you enter the details, it will show the credit cards available for you
• Select the card
• Post selecting the card, you will get a message on your mobile saying that your application has been accepted.
• Once the application has been selected, the bank or company will send you a confirmation email or SMS saying if the application has been accepted or rejected.

How to Apply Offline For A Cashback Credit Card?

• You can contact the bank on their number and apply
• They may send somebody to your residence or do the KYC on the phone to complete the formalities.
• You can also visit any branch with the KYC documents mentioned above and get the credit card
• It is ideal to open an account by physically visiting or asking the agent to come to your home.

Conclusion

Cashback credit cards are hassle-free, quick, and easy to use. You can redeem the cashback points easily on making any purchase. This makes cashback credit cards popular.

FAQs Of Cashback Credit Cards in India