Credit cards don’t just offer liquidity but also rewards, cashbacks, and additional perks. Therefore, when choosing a credit card, only considering rates and fees is not enough. This blog analyses the best cashback cards in India through their perks, cashback offers, and other features. Prospective credit card applicants can compare and apply only for the best cashback credit cards in India that suit their expectations and profile. This will help them control the number of applications, thereby maintaining their credit score.
1. Cashback SBI Card
Offered by the State Bank of India, this credit card comes with an annual fee of ₹999 plus taxes, in addition to a renewal fee of the same amount from the second year onwards. The annual renewal fee can be reversed if the annual spend of the card in the preceding year is equal to or over ₹2 lakhs. There are no add-on card fees.
Key Benefits
The card offers cashback features on both online and offline spends, without any merchant restrictions. The cashback earned gets auto-credited to the linked bank account within 2 working days of the next statement generation. Its key features are listed below:
- 5% cashback on online spends
- 1% cashback on offline spends
- Fuel surcharge waiver of 1% on all petrol pumps across India for every transaction between ₹500-3,000
You can apply for the Cashback SBI Card through the sbicard.com website, by calling their helpline, or by visiting your nearest SBI branch.
2. HDFC Millennia Credit Card
One of the best credit cards for cashback in India, the HDFC Millennia Credit Card carries a joining and annual membership renewal fee of ₹1,000 plus taxes. However, the renewal fee can be waived off if spends reach ₹1 lakh or above.
Key Benefits
The card offers varied cashback features based on the merchant, along with travel perks and contactless payments. Its highlights are discussed below:
- 5% cashback on Flipkart, Amazon, Swiggy, Zomato, Myntra, and more
- 1% cashback on other spends
- Every ₹1 lakh per calendar quarter gets gift vouchers worth ₹1,000 or 1 domestic lounge access
- Using the coupon code HDFCCARDS, you can get a 10% additional discount on Swiggy Dineout
- Up to ₹250 per statement cycle waiver or fuel surcharge across India for transactions between ₹400-5,000
- Up to 10% additional cashback on more than 200 brands via PayZapp Shop or SmartBuy
- Reward points equivalent to the amount of membership fees paid
If you meet the eligibility criteria of the bank, you can apply for the credit card through their website or by visiting the nearest HDFC Bank branch.
3. Flipkart Axis Bank Credit Card
Compared to the past two cards, the Flipkart Axis Bank credit card has a range of fees. The table below summarises the key card charges.
| Joining Fee | ₹500 |
| Annual Fee | ₹500 |
| Cash Payment Fee | ₹175 |
| Cash Withdrawal Fee | 2.5% (Minimum ₹500) |
| Over Limit Penalty | 2.5% (Minimum ₹500) |
| Foreign Currency Transaction Fee | 3.5% |
| Rent Transaction Fee | 1% |
| Education Transaction Fee | 1% on educational transactions made through third-party apps |
| Utility Transaction Fee | 1% on cumulative spends of ₹25,000 or more per statement cycle |
| Fuel Transaction Fee | 1% on cumulative spends of ₹50,000 or more per statement cycle |
The annual fee is payable from the second year onwards and can be waived off if annual spend exceeds ₹3.5 lakhs. However, rent and wallet load transactions are not considered in annual fee waiver calculation. Furthermore, many other fee types are marked as waived as of 3 August 2026; they can become payable with a change in company policy.
Key Benefits
- 7.5% cashback on Myntra up to ₹4,000 per statement quarter
- 5% cashback on Cleartrip and Flipkart up to ₹4,000 per statement quarter
- 4% cashback on other preferred merchants, without any limit
- Unlimited 1% cashback on other eligible categories
- Activation benefit worth ₹350
- ₹250 Flipkart voucher on the first transaction made using the card within 30 days of issuance
- 50% off on Swiggy orders up to 100 for first-time Swiggy users
- 1% waiver of fuel surcharge across India up to ₹400 per statement cycle for transactions between ₹400-4,000.
- Special offers on Wednesday, like 10% off on Swiggy orders, 10% off on Tira orders up to ₹1,000, and up to 15% savings on hotel and flight bookings through MakeMyTrip.
You can apply for the credit card using the Axis Bank website or by visiting their bank branch.
4. Tata Neu Infinity HDFC Bank Credit Card
One of the best cashback credit cards in India, the Tata Neu Infinity Card offers a range of benefits. Its joining and renewal fee is ₹1,499 plus applicable taxes. However, if the spend reaches ₹3 lakhs or more before the renewal date, the renewal fee can be waived. There can be additional fees on cash withdrawal and other specific transactions.
Key Benefits
- 5% back as NeuCoins on Non-EMI Tata Neu and other Tata Partner Brand Spends
- Any Merchant EMI spend, and eligible Non-Tata Brand spends can get up to 1.5% back as NeuCoins
- Get an extra 5% back as NeuCoins in a few categories on the Tata Neu app and website
- Get up to 1.5% back in NeuCoins on qualified UPI purchases
- Spending of ₹50,000 or more in a quarter qualifies for two complimentary domestic lounge vouchers (up to eight per year)
- Four complimentary lounge passes abroad are offered per calendar year (one per quarter)
The Tata Neu Card is issued by HDFC. Therefore, visit their website or bank branch to apply for the card.
5. Swiggy BLCK HDFC Bank Credit Card
The Swiggy BLCK Credit Card is issued by HDFC, with a joining and annual renewal fee of ₹1,000 plus charges, respectively. The joining fee can be waived if the spend exceeds ₹25,000 in the first 90 days, and the renewal fee waiver requires a spend of ₹2 lakh or more. However, the ₹2 lakh limit does not include cash withdrawal, balance transfer, and cash on call.
Key Benefits
The major cashback and other benefits of the card are discussed below:
- A welcome bonus of a complimentary three-month Swiggy BLCK membership
- 10% cashback on all purchases made through the Swiggy app
- 5% cashback on specific purchases made online
- 1% cashback on other categories like fuel, rent, etc.
- Access to golf courses worldwide, 12 free lessons yearly, and other benefits relating to golfs
You can apply for this credit card using the HDFC website, app, or bank branch. You can also use the Swiggy app to apply for the card.
Other Best Cashback Credit Cards India 2026
The table below lists more credit cards and their cashback offers.
| Credit Cards | Cashback |
| Axis Bank ACE Credit Card |
|
| HSBC Live+ Credit Card |
|
| BOBCARD Cashback |
|
| HSBC Rupay Cashback Credit Card |
|
Bottomline
A credit card must align with your expectations and profile. Before applying, people must check the eligibility criteria to ensure they meet them. Unplanned applications for too many cards at a time negatively impact the credit score and further diminish eligibility for good cards that carry high benefits and rewards.
Key Takeaways
- 5-10% cashback across various spends can be noted for the best cashback credit cards in India.
- Besides cashback benefits, joining and membership fees should also be considered.
FAQs
How to choose the best cashback credit cards in India 2026?
Analysing your purchasing patterns, assessing yearly fees, and looking at category benefit limitations are all important factors in selecting the best cashback card in India. Examine flat-rate vs tiered alternatives, compare fees, and review redemption policies to match your primary spending to the appropriate card structure.
What other factors should be considered before choosing a credit card?
You should consider your personal spending patterns, hidden costs like late or international transaction fees, and interest rates before selecting a credit card. The actual cost of possessing the card is determined by these factors.
What credit card can I use as a beginner?
Beginners with no prior credit history can opt for fixed deposit (FD) backed credit cards, student credit cards that require parental guarantee and carry low usage limits, etc.
