Best Cashback Credit Cards In India

An excellent strategy to maximize your credit card spending is with a cashback credit card. You could be able to earn a sizable amount of cashback rewards each year. While some cashback cards provide a flat cashback percentage, others give greater cashback returns for particular types of purchases. Cashback benefits can be transferred into online shopping credits, bill credits, or direct deposits into bank accounts.

Some of the best cashback credit cards are listed below:

Axis Bank ACE Credit Card:

One of the top cashback credit cards in India is the Axis Bank Ace Credit Card. It provides the highest cashback rates of 5% on specific brands and product categories plus 2% on all other purchases. For people who are seeking a decent cashback credit card, it is a wonderful choice.

Joining fee:

Rs. 499.

Cashback benefits:

Get 5% cashback when you use Google Pay to pay bills, and recharge your DTH or mobile phone.

On Swiggy, Ola, and Zomato you receive 4% cashback.

Get 2% cashback on all other purchases.

There is no limit set to the amount of cashback that can be earned.

HSBC Cashback Credit Card:

The HSBC Cashback Credit Card from HSBC Bank is a unique card that provides you with a variety of advantages. This card has no joining fee and offers unlimited rewards on all purchases.

Joining fee:

Nil.

Cashback benefits:

Enjoy 1.5% cashback on online purchases.

On all other purchases, you get 1% cashback.

You can also get cashback if you use the Instant EMI feature at specific retailers.

HDFC Millennia Credit Card:

The incentives and advantages that come with the Millennia credit card make it one of HDFC Bank's most popular cards. You get rewarded with cashback on all purchases made with your HDFC Bank Millennia Credit Card up to 5% every time you use it at offline stores or online. You can use several sites, like Amazon, Flipkart, Myntra, Zomato, BookMyShow, Cult.fit, Uber, and Tata Cliq, among others, and get rewards when you spend money on them.

Joining fee:

Rs. 1,000.

Cashback benefits:

5% Cashback is available on the following sites: Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, and Zomato.

Enjoy 1% cashback on all other purchases.

Citibank Cashback Credit Card:

The Citibank Cashback Credit Card offers excellent savings on everyday expenditures by delivering quick rewards on purchases such as movie tickets, phone and utility bill payments, among other things.

Joining fee:

Rs. 500.

Cashback benefits:

Purchases of movie tickets will earn you 5% Cashback.

Earn 5% Cashback on each phone bill payment you make.

Use Citibank Online Bill Pay to pay all of your utility bills online, and you will receive 5% Cashback.

All other purchases will earn you a 0.5% cashback.

Your cashback never expires and is always valid.

Paytm SBI SELECT Credit Card:

This credit card works best for cashback on online purchases. Along with 1% cashback on all other purchases, this card offers amazing cashback on movie, travel, and Paytm mall purchases. Additionally, the card provides Priority Pass membership and Cyber Fraud Insurance.

Joining fee:

Rs. 1,499.

Cashback benefits:

Get 3% cashback on Paytm Mall purchases, cinema tickets, and travel.

2% cashback on any other purchases made using the Paytm App.

1% cashback on every other purchase.

Learn more about Paytm SBI Select Credit Card

BOTTOM LINE:

On each eligible purchase, cash back credit cards provide their customers a percentage of money back in the form of cashback. Cashback credit cards are not a wise choice if you don't always pay off the whole balance on your credit card. Despite the fact that you will receive cashback on your purchases, this will typically be less than the interest levied on your outstanding debt. Make sure to pick one based on your spending habits.

Additional Reading: How To Get A Credit Card Without Income Proof ?