Best Cashback Credit Cards in India 2025 - Paisabazaar.com

Q: How to maximize cashback on your credit card?

The easiest way to maximize the benefits on your cashback credit card is to use it for the bonus category of expenses. For example, if your cashback credit card offers fuel benefits, you must put your fuel expenses on this card to make the most of it.

Q: I already have a rewards credit card. Should I get a cashback credit card too?

You should consider getting a cashback credit card if your rewards card does not cover a particular spending category. Even if you are happy with your rewards credit card, getting a low or no annual fee cashback credit card does not hurt.

Q: What are the typical cashback percentages?

Most cashback credit cards offer base rate of 1% to 1.5% across all spends along with higher cashback on select categories or brands. For example, Amazon Pay ICICI Credit Card gives 5% cashback on Amazon Spends for Prime Members and 3% for Non-Prime members. However, spends outside Amazon earn only 1% cashback.

Cashback credit cards offer a small percentage of your spends back as direct cash credit into the statement or a linked wallet or as points that are redeemable in 1:1 ratio. Many cashback cards offer accelerated earning on select categories or brands, ranging anywhere between 1% and 10%, along with a base cashback earning on the remaining eligible categories. The best cashback credit card for you would be the one that offers higher earning on your preferred spending categories. Here are the best cashback credit cards in India offering value-back on common spends like dining, grocery, utilities and online spends.

Updated: 01-07-2025 05:15:03 AM

Top Cashback Credit Cards in India 2025

Here are the top cashback credit cards that reward you with decent cashback for your expenses.

1. YES Bank Paisabazaar PaisaSave Credit Card

Best for: Online Shopping
Joining Fee: Nil
Annual Fee: Rs. 499 (Waived off on spending Rs. 1.2 lakh in a year)

Key Features and Benefits:

3% Cashback Points on all online spends
1.5% Cashback Points on other card transactions
Annual fee reversal on spending Rs. 1.2 lakh in a year
1% fuel surcharge waiver across all petrol pumps in India

Offering 3% cashback on all online transactions and 1.5% cashback across all other eligible spends, YES Bank Paisabazaar PaisaSave Credit Card is one of the best cashback credit cards in India. The benefits are not restricted to a particular brand, allowing consumers to avail benefits across leading e-commerce platforms like Amazon, Myntra, Flipkart, Swiggy, etc., making it a worthy competitor to co-branded credit cards like Amazon ICICI, Swiggy HDFC and Flipkart Axis. Though the 3% accelerated cashback is capped at Rs. 5,000 per month, cardholders will continue earning 1.5% cashback even after reaching this threshold. This card is suitable for online shoppers who want a cashback credit card to save on all online spends without any merchant restrictions.

2. Cashback SBI Card

Best for: Online Shopping
Joining Fee: Rs. 999
Annual Fee: Rs. 999 (Waived off on spending Rs. 2 lakh in a year)

Key Features and Benefits:

5% cashback on online spends
1% cashback only on offline transactions
Annual fee reversal on spending Rs. 2 Lakh in a year
1% fuel surcharge waiver across all petrol pumps in India

Cashback SBI Card is another option for online shoppers as it gives 5% flat cashback across all online purchases irrespective of the merchant or platform. The card is best suited for consumers who prefer shopping through e-commerce platforms but do not want to limit the benefits to one or more brands or categories. Cashback on online and offline spends (combined) is limited to Rs. 5,000 in a month, after which no cashback can be earned on the card. Despite the capping, the card remains a good option for high-spending online shoppers who can easily maximize its benefits.

Also Read: Best Credit Cards for Online Shopping

3. HDFC Millennia Credit Card

Best for: Benefits on Multiple Brands
Joining Fee: Rs. 1,000
Annual Fee: Rs. 1,000 (Waived off on spending Rs. 1 Lakh in a year)

Key Features and Benefits:

5% cashback on Amazon, Cult.fit, BookMyShow, Sony LIV, Flipkart, Myntra, Swiggy, Tata CLiQ, Zomato and Uber
1% cashback on all other spends
Cashback will be earned in the form of Cash Points
Rs. 1,000 worth gift voucher or 1 domestic lounge access on spending Rs. 1 lakh and above in each calendar quarter

HDFC Millennia provides 5% cashback on multiple brands, covering the most popular platforms in different categories like BookMyShow (movies), Amazon and Flipkart (online shopping), Swiggy and Zomato (dining), among others. However, there is minimum transaction limit to be eligible for the cashback, and maximum capping on the cashback that you can earn in a billing cycle. Hence, this card would be a great choice for high-spenders who prefer the associated brands.

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4. Amazon Pay ICICI Credit Card

Best for: Amazon Loyalists
Joining Fee: Nil
Annual Fee: Nil

Key Features and Benefits:

5% cashback on Amazon for Prime Customers
3% cashback on Amazon for non-Prime Customers
2% cashback on 100+ partner merchants
1% cashback on all other transactions
Welcome benefits worth Rs. 2,000 with Rs. 500 off on Prime membership
1% waiver on fuel surcharge across all petrol pumps in India

Amazon Pay ICICI Credit Card is a co-branded card that offers the highest benefits on purchases made on Amazon. Amazon Prime members can avail 5% cashback on their Amazon spends whereas non-prime members can get 3% cashback. Since Amazon covers multiple categories like gadgets, appliances and furniture to fashion and groceries, the card can be an excellent choice for those who prefer Amazon for most of their online purchases, as they can extract maximum value out of this card. Base cashback rate of 1% is also decent for a lifetime free card.

5. Flipkart Axis Bank Credit Card

Best for: Benefits on Flipkart and Cleartrip
Joining Fee: Rs. 500
Annual Fee: Rs. 500 (Waived off on spending Rs. 3.5 Lakh in a year)

Key Features and Benefits:

5% cashback on Flipkart and Cleartrip
4% cashback on shopping with preferred merchants
1% unlimited cashback across all other categories
4 complimentary domestic lounge visit every year on spending min. Rs. 50,000 during the previous quarter
1% fuel surcharge waiver up to Rs. 400 per month
Welcome benefits worth Rs. 600

Another popular co-branded online shopping card, Flipkart Axis gives 5% unlimited cashback on Flipkart and Cleartrip with 4% unlimited cashback on preferred merchants, like PVR, Uber, Swiggy and Cult.fit. Hence, the card covers 3 very popular categories – shopping, travel, and lifestyle. Similar cards like Amazon Pay and Paytm SBI Card offer great benefits on their own respective platforms and some partner merchants. However, the partner merchants on Flipkart Card are among the most popular ones in their categories, making the card more practical. Flipkart loyalists, who also seek benefits with other preferred merchants can consider getting this card.

6. Tata Neu Infinity HDFC Bank Credit Card

Best for: Shopping across Tata Group (Tata 1MG, Croma, BigBasket, Titan, Tanishq, etc.)
Joining Fee: Rs. 1,499
Annual Fee: Rs. 1,499 (Waived off on spending Rs. 3 Lakh in a year)

Key Features and Benefits:

5% back on Tata Neu and partner Tata brands
Additional 5% back as NeuCoins on selected categories on Tata Neu app/website (after registering for Tata NeuPass)
1.5% back on spends outside Tata Group, including merchant EMI spends
Up to 1.5% back on UPI spends across all categories (including Tata brands)
8 complimentary domestic lounge visits every year
4 complimentary international lounge visits every year
1,499 NeuCoins as welcome benefit

Despite being a co-branded credit card, Tata Neu Infinity HDFC Credit Card covers multiple categories ranging from shopping and groceries to high-ticket spends like jewellery and appliances. Unlike most cards that generally exclude EMI transactions from their rewards program, this card offers 1.5% value-back across all purchases made outside the co-branded ecosystem, including EMI transactions. The card can be a good choice for consumers who often shop with the eligible Tata Group Brands and can easily maximize the benefits.

7. Swiggy HDFC Bank Credit Card

Best for: Benefits on Swiggy (Dining, Food Orders and Grocery)
Joining Fee: Rs. 500
Annual Fee: Rs. 500 (Waived off on spending Rs. 2 Lakh in a year)

Key Features and Benefits:

10% cashback on the Swiggy app for food ordering, Swiggy Instamart, Dineout and Genie
5% cashback on online spending across top brands
1% cashback on other category spends
3 months Swiggy One membership on card activation and renewal

Swiggy HDFC Bank Credit Card is suitable for those who frequently use Swiggy to order food, groceries and other daily-use items online or like to dine-in at restaurants. This co-branded credit card comes with an accelerated cashback rate of up to 10% on Swiggy and other online spends made on top brands. Unlike most co-branded cards where cashback is credited into the brand’s wallet, Swiggy HDFC Card gives direct value-back into the statement. Overall, the card is not just a good choice for co-branded benefits on Swiggy but also stands as a strong competitor to shopping cards like Flipkart Axis and Amazon Pay ICICI.

Also Read: Best Credit Cards for Grocery Purchases

8. Myntra Kotak Credit Card

Best for: Benefits on Myntra, Swiggy, PVR and more
Joining Fee: Rs. 500
Annual Fee: Rs. 500 (Waived off on spending Rs. 2 Lakh in a year)

Key Features and Benefits:

Up to 7.5% discount on purchases at Myntra
5% cashback on spends at partner merchants, including Swiggy, Swiggy Instamart, PVR, Cleartrip and Urban Company
Unlimited 1.25% cashback on spends at other categories
Complimentary Myntra Insider Membership
Myntra voucher worth Rs. 500 on completing the first transaction worth Rs. 500 or more within 30 days of card issuance
2 complimentary PVR tickets every quarter on spending Rs. 50,000 in a quarter
1 complimentary domestic lounge access per quarter

Myntra Kotak Credit Card offers direct discount on Myntra but it also offers 5% cashback with some popular merchants like Swiggy, PVR and Cleartrip. This covers everyday categories like grocery and dining as well as other spends like travel and movies. The 7.5% discount offered on Myntra is among the highest value-back offered by co-branded cards. Benefits like domestic lounge access and movie tickets enhance its overall value. Those who frequently shop on Myntra, Swiggy, PVR and other associated websites can make the most of this card.

9. Airtel Axis Bank Credit Card

Best for: Utility Bill Payments through Airtel
Joining Fee: Rs. 500
Annual Fee: Rs. 500 (Waived off on spending Rs. 2 Lakh in a year)

Key Features and Benefits:

25% cashback on bill payments of Airtel Mobile, Broadband, WiFi and DTH via Airtel Thanks app
10% cashback on Zomato, Swiggy, BigBasket and utility bills paid for electricity, gas, etc. via Airtel Thanks app
1% unlimited cashback on other spends
Amazon e-voucher worth Rs. 500 as a welcome or activation benefit
4 complimentary domestic lounge visits per year on spending Rs. 50,000 during the previous 3 months

Since most cards exclude utility bill payments from their rewards program, Airtel Axis Credit Card is among the leading options for those looking to save on this category, especially Airtel customers. The card offers 25% cashback on bill payments for Airtel mobile, WiFi, DTH and broadband recharges. Moreover, 10% cashback on preferred merchants and utility bills paid via Airtel Thanks app is also provided, along with unlimited 1% cashback on other spends, making it a great option for Airtel customers who want to save on utilities, grocery and dining. However, if you are not an Airtel customer and are still looking to earn cashback on utility bills, then Axis ACE credit card might be a better option for you.

Suggested Read: Best Credit Cards for Utility Bill Payment

10. HSBC Live+ Credit Card

Best for: Dining, Grocery and Food Delivery
Joining Fee: Rs. 999
Annual Fee: Rs. 999 (Waived off on spending Rs. 2 Lakh in a year)

Key Features and Benefits:

Rs. 1,000 cashback on spending Rs. 20,000 or more within the first 30 days of card issuance
10% cashback, up to Rs. 1,000 per month, on dining, grocery and food delivery spends
Unlimited 1.5% cashback on all other spends
4 complimentary domestic airport lounge visits in a year
Up to 15% off on dining at partner restaurants via Live+ Dining Programme

HSBC Live+ is suitable for those who frequently spend on groceries, dining, and food delivery. With up to 10% cashback on food-related spends and 1.5% cashback on other spends, users can save substantially. Apart from cashback, the card also offers complimentary domestic lounge access and spend-based welcome bonus. For people who want to save on daily spends and prefer direct cashback instead of reward points, HSBC Live+ can be a suitable option. However, those who want a credit card with diverse benefits can consider other all-rounder credit cards.

Quick read: Credit Cards with Airport Lounge Access

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Other Cashback Credit Cards to Consider

Apart from the cards mentioned above, here are some other cashback credit cards to consider, based on your requirements:

Credit Card	Annual Fee	Key Feature*
Axis Ace Credit Card	Rs. 500	5% cashback on bill payment and recharge via Google Pay
Tata Neu Plus HDFC Bank Credit Card	Rs. 499	2% back on Non-EMI Spends on Tata Neu and select Tata Brands
Standard Chartered Smart Credit Card	Rs. 499	2% cashback on all online spends and 1% cashback on other spends

*Terms and Conditions Apply

How did we pick these cashback credit cards?

How to choose the right cashback credit card?

FAQs Related to Cashback Credit Cards

How did we pick these cashback credit cards?

When selecting credit cards for this list, we have evaluated the cards based on the following factors:

Value-Back Across Categories: We prioritized cards that provide maximum value-back across a wide variety of spends, say online shopping, and then moved on to cards offering category-specific or brand-specific benefits. Along with this, base rate offered by the card across a wide range of categories was also considered.

Reward Rates & Limits: The cashback percentage, along with any applicable caps or limits, played a significant role in our decision-making. Cards with higher cashback rates, generous limits, and fewer restrictions were given preference.

Co-Branded Benefits: Many of the cards are co-branded with popular online and offline platforms and merchants. We focused on partnerships that bring real, everyday value to users while also ensuring that the cards provide strong returns on spends made outside of their co-branded networks.

Fees vs. Benefits: We weighed the annual fees associated with each card against the potential rewards and prioritized cards that justify their annual fees through benefits.

How to choose the right cashback credit card?

The choice of best credit card for cashback depends on how you plan to use the card. Since credit card benefits are usually inclined towards one or two specific categories, understanding your need is very important while choosing any type of card. For example, if you wish to save on your Amazon Spends, then Amazon Pay ICICI Credit Card would be a good choice for you. However if you plan to use the card across multiple online platforms, then a card that gives good value across all online spends like YES Bank Paisabazaar PaisaSave Credit Card would be better.

Once you have narrowed down your options, you should compare the credit cards on the basis of annual fee, cashback rate, bonus categories, etc.

Not sure whether you want a Cashback Credit Card?
Look for the Best Credit Cards for Reward Points

FAQs Related to Cashback Credit Cards

Which is the best cashback credit card for offline spends?

Some of the best credit cards for offline spends are YES Bank Paisabazaar PaisaSave Credit Card (1.5%), Axis Ace Credit Card (1.5%), HSBC Live+ Credit Card (1.5%) and Myntra Kotak Credit Card (1.25%).

Which credit card gives maximum cashback in India?

Currently, the credit cards offering maximum cashback are:

Airtel Axis Credit Card: 25% cashback on payment for Airtel Mobile, DTH, etc. via Airtel Thanks App
Swiggy HDFC Credit Card: 10% cashback on Swiggy food orders, Instamart, Dineout & Genie
HSBC Live+: 10% cashback (up to Rs. 1,000/month) on dining, grocery & food delivery

However, it is important to note that all of these cards offer highest cashback on select categories. You should get a card that offers good cashback on your preferred spends.

Which is the best cashback credit card for utility bill payment?

Some of the best credit cards for utility bill payment are Airtel Axis, Axis Ace, Swiggy HDFC and Standard Chartered Super Value Titanium. Note that on each of these cards, the earnings on utility bill payments are capped. Hence, you should spend accordingly.

Which RuPay credit card is best for cashback?

Some of the best Rupay Credit Cards for cashback are Tata Neu Infinity HDFC Bank Credit Card, Tata Neu Plus HDFC Bank Credit Card, YES Bank Paisabazaar PaisaSave Credit Card and Myntra Kotak Credit Card.

Which is better- cashback or rewards?

The idea behind cashback and rewards is the same- they are simply an incentive for using your card. While cashback is simple to understand and manage, reward points are a bit complicated because of the extra step of first accumulating them and then redeeming them at a later stage.
Some cards allow you to convert the reward points into cash but the rate may not be the same. At the same time, there are rewards credit cards that allow conversion into miles which could be better than cashback, especially if you travel often. So, you must make a choice depending on your needs.

Also Read: How to Choose between Cashback and Rewards Points on Credit Cards

Is a cashback credit card worth it?

Any credit card would be worth only if you manage to get benefits at least equivalent to the annual fee charged. Most cashback cards charge a low annual fee so it is likely that you would be able to make the most of it even if you do not put every expense on the card.
However, you should always pay your bills on time so that the extra charges do not eat into your benefits.

How to maximize cashback on your credit card?

The easiest way to maximize the benefits on your cashback credit card is to use it for the bonus category of expenses. For example, if your cashback credit card offers fuel benefits, you must put your fuel expenses on this card to make the most of it.

Quick Read: Best Fuel Credit Cards in India

I already have a rewards credit card. Should I get a cashback credit card too?

You should consider getting a cashback credit card if your rewards card does not cover a particular spending category. Even if you are happy with your rewards credit card, getting a low or no annual fee cashback credit card does not hurt.

Also Read: 7 Strategies to Optimize Your Credit Card Reward Points

Is 2% cashback good?

Yes. This is because rewards may look like a lot but their actual value back is low. Mostly, the monetary value of 1 reward point ranges from Re. 0.25 to Re. 0.50. But when you get real and direct cashback, even 2% is better.

What are the typical cashback percentages?

Most cashback credit cards offer base rate of 1% to 1.5% across all spends along with higher cashback on select categories or brands. For example, Amazon Pay ICICI Credit Card gives 5% cashback on Amazon Spends for Prime Members and 3% for Non-Prime members. However, spends outside Amazon earn only 1% cashback.

Do cashback credit cards have an annual fee?

Yes. Most cashback credit cards come with a joining and annual fee. Depending on the card, annual fees can vary from Rs. 499 to Rs. 1,499 or higher. However, it is advisable not to make annual fee the primary criterion while choosing a cashback credit card. Check the card’s features and benefits and see if it aligns with your spending habits.

1 Comment Comments

Afreen

April 7, 2025

This is an excellent guide to the best cashback credit cards in India, offering valuable tips for maximizing rewards.

Best Cashback Credit Cards

Best Cashback Credit Cards in India for July 2025

Video: Best Cashback Credit Cards 2025

Top Cashback Credit Cards in India 2025

1. YES Bank Paisabazaar PaisaSave Credit Card

2. Cashback SBI Card

3. HDFC Millennia Credit Card

4. Amazon Pay ICICI Credit Card

5. Flipkart Axis Bank Credit Card

6. Tata Neu Infinity HDFC Bank Credit Card

7. Swiggy HDFC Bank Credit Card

8. Myntra Kotak Credit Card

9. Airtel Axis Bank Credit Card

10. HSBC Live+ Credit Card

Other Cashback Credit Cards to Consider

How did we pick these cashback credit cards?

How to choose the right cashback credit card?

FAQs Related to Cashback Credit Cards

Which is the best cashback credit card for offline spends?

Which credit card gives maximum cashback in India?

Which is the best cashback credit card for utility bill payment?

Which RuPay credit card is best for cashback?

Which is better- cashback or rewards?

Is a cashback credit card worth it?

How to maximize cashback on your credit card?

I already have a rewards credit card. Should I get a cashback credit card too?

Is 2% cashback good?

What are the typical cashback percentages?

Do cashback credit cards have an annual fee?

1 Comment Comments

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