Best Cashback Credit Cards
Straight rupees back — no point-conversion games.
- Best overallSBI Card · Visa
SBI Cashback Credit Card
Best for anyone whose spending is mostly online
5% cashback on all online spends with no merchant restriction
- Effective return
- 4.2%
- Annual fee
- ₹999
- Lounge (dom.)
- 0
- Forex markup
- 3.50%
Our take. The simplest high-return card in India. If your online spending exceeds about ₹20,000 a month, the 5% pays for the fee several times over and nothing needs to be redeemed or converted.
- #2Low forex markupHDFC Bank · RuPay
Tata Neu Infinity HDFC Bank Credit Card
Best for households that buy across tata brands and want upi on credit
Up to 10% back in NeuCoins across Tata brands, plus UPI payments on RuPay
- Effective return
- 2.8%
- Annual fee
- ₹1,499
- Lounge (dom.)
- 8
- Forex markup
- 2.00%
Our take. The best UPI credit card if you already shop across Tata brands. Being able to earn rewards on QR-code payments is a genuine structural advantage over Visa and Mastercard cards.
- #3HDFC Bank · Visa
HDFC Bank Millennia Credit Card
Best for young professionals with heavy e-commerce and food delivery spending
5% cashback on Amazon, Flipkart, Swiggy, Zomato and other partner merchants
- Effective return
- 2.4%
- Annual fee
- ₹1,000
- Lounge (dom.)
- 8
- Forex markup
- 3.50%
Our take. A sensible first or second card. The caps mean the realistic return is closer to 2.4% than the advertised 5%, but at a ₹1,000 fee that is still comfortably positive.
- #4Axis Bank · Visa
Axis Bank ACE Credit Card
Best for everyday cashback on bills and food delivery
5% cashback on bill payments and recharges via Google Pay, 4% on Swiggy, Zomato and Ola
- Effective return
- 2.2%
- Annual fee
- ₹499
- Lounge (dom.)
- 4
- Forex markup
- 3.50%
Our take. The best flat-rate cashback card in India. The unlimited 2% base is what makes it work — you never have to think about categories, which is worth more in practice than a higher capped rate.
- #5Lifetime freeICICI Bank · Visa
Amazon Pay ICICI Credit Card
Best for amazon prime households wanting a no-fee card
5% back on Amazon for Prime members, 3% for non-Prime, 1% elsewhere
- Effective return
- 2.0%
- Annual fee
- Nil
- Lounge (dom.)
- 0
- Forex markup
- 3.50%
Our take. The highest-volume credit card in India for good reason. Zero fee and uncapped 5% on Amazon means it can never cost you money — the only question is whether you shop there enough for it to matter.
- #6ICICI Bank · Visa
HPCL Super Saver ICICI Bank Credit Card
Best for fuel plus household bills at a low fee
Up to 6.5% value back on HPCL fuel, plus 5% on utility and grocery spends
- Effective return
- 2.0%
- Annual fee
- ₹500
- Lounge (dom.)
- 4
- Forex markup
- 3.50%
Our take. A cheaper alternative to the BPCL Octane if your fuel spend is moderate. The 5% on utilities and groceries is what makes the ₹500 fee easy to justify.
- #7Lifetime freeAU Small Finance Bank · Visa
AU Bank LIT Credit Card
Best for people whose spending pattern changes through the year
Customisable — switch on only the benefit categories you want each quarter
- Effective return
- 1.5%
- Annual fee
- Nil
- Lounge (dom.)
- 4
- Forex markup
- 3.49%
Our take. The most interesting card structure in India. It rewards people who will actually log in each quarter and switch features — and quietly under-delivers for everyone else.
Effective reward rate is our own blended estimate for a typical spend mix — not the accelerated rate an issuer advertises on one category. Annual fees are shown before the 18% GST that is charged on top. Verify current terms on the issuer’s site before applying; card terms change without notice.
Data as of 15 Aug 2026Source: Issuer tariff sheets and published comparisonsPending issuer verification
Questions
How do you decide what makes this best cashback credit cards list?
Every product is scored on the same fields — effective return, total cost including fees and GST, benefits, and how obtainable it actually is. The weights are published on our methodology page, and the score is computed, not assigned by an editor.
How often is this page updated?
Rate tables are refreshed weekly, and immediately after an RBI policy change or a Budget announcement. Every figure on the page carries the date it was captured and a link to its source, so you can always see how current it is.
Does Credsir get paid to rank products here?
No. We earn from partner links and advertising, but rankings come from a published scoring formula that runs identically on every product, whether we earn from it or not. Products we make nothing from appear in these lists whenever they win on the numbers.
Are these the rates I will actually be offered?
Advertised rates are the best case, reserved for applicants with a high credit score, stable income and a favourable profile. Your offer depends on your credit score, employer, income and existing obligations. Treat published rates as the floor, not the quote.
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