Life in India moves fast, and so do our expenses. From daily groceries to online shopping sprees, we spend a lot. A cashback credit card turns these everyday expenses into savings.
Unlike reward points, which you might need to convert or redeem, cashback directly reduces your bill or gets credited to your account. It is like getting an instant discount on everything you buy. This direct benefit makes cashback credit cards incredibly popular among Indian consumers.
How Does Cashback Credit Cards in India Works?
When you use a cashback credit card, the bank gives you back a percentage of the money you spend. For example, if a card offers 5% cashback on online purchases and you spend Rs. 1,000, you get Rs. 50 back. This cashback can appear in different ways:
- Statement Credit: The most common method. Your cashback reduces the total amount you owe on your credit card statement.
- Bank Account Credit: Some cards transfer the cashback directly to your linked bank account.
- Vouchers or Gift Cards: Less common for pure cashback cards, but some co-branded cards might offer cashback in the form of brand-specific vouchers.
Most cashback credit cards in India come with certain terms and conditions. These can include:
- Capping: A maximum limit on the cashback you can earn in a billing cycle or a year.
- Minimum Transaction Value: Some offers require you to spend a certain amount to be eligible for cashback.
- Excluded Categories: Certain transactions, like fuel purchases (though many cards offer a fuel surcharge waiver), EMI conversions, or cash withdrawals, might not earn cashback.
Always read the fine print to fully understand how your chosen cashback credit card works.
Factors to Consider When Choosing a Cashback Credit Cards in India
With so many options available, picking the right cashback credit card can feel overwhelming. Here are key factors to consider:
- Your Spending Habits: Do you mostly shop online, dine out, or pay utility bills? Choose a card that offers higher cashback on the categories where you spend the most.
- Cashback Rate: Look for the highest cashback percentage, especially in your primary spending categories.
- Cashback Cap: Check if there is a limit on how much cashback you can earn. A high cap or no cap is ideal if you are a heavy spender.
- Joining and Annual Fees: Some cards have fees, which can eat into your cashback. Many cards waive the annual fee if you spend a certain amount.
- Welcome Benefits: Some cards offer bonus cashback or vouchers when you get them, giving your savings a head start.
- Other Benefits: Beyond cashback, consider perks like lounge access, fuel surcharge waivers, or insurance covers.
- Ease of Redemption: How easy is it to get your cashback? Direct statement credit is often the most convenient.
- Issuer Reputation: Choose cards from reputable banks with good customer service.
Now, let’s check out some of the top cashback credit cards in India for 2025. We’ll explore their features, benefits, and who they are best for.
Top Cashback Credit Cards in India 2025: Detailed Comparison
Here are some of the leading cashback credit cards in India that give you excellent cashback for your spending.
- YES Bank Paisabazaar PaisaSave Cashback Credit Card
- SBI Cashback Credit Card
- HDFC Millennia Cashback Credit Card
- Flipkart Axis Bank Cashback Credit Card
- Tata Neu Infinity HDFC Bank Cashback Credit Card
- Swiggy HDFC Bank Cashback Credit Card
- Airtel Axis Bank Cashback Credit Card
- HSBC Live+ Cashback Credit Card
YES Bank Paisabazaar PaisaSave Cashback Credit Card
The YES Bank Paisabazaar PaisaSave Credit Card stands out as one of the best cashback credit cards in India for online shoppers. It gives you 3% cashback on all online transactions and 1.5% cashback on all other eligible spends.
What makes it truly special is that these benefits are not tied to a single brand. You can earn cashback across popular platforms like Amazon, Myntra, Flipkart, Swiggy, and more. This makes it a strong contender against co-branded cards.
| Feature/Benefit | Details |
| Best For | Online Shopping |
| Joining Fee | Nil |
| Annual Fee | Rs. 499 (Waived off on spending Rs. 1.2 lakh in a year) |
| Online Spends Cashback | 3% Cashback Points |
| Other Spends Cashback | 1.5% Cashback Points |
| Annual Fee Reversal | On spending Rs. 1.2 lakh in a year |
| Fuel Surcharge Waiver | 1% across all petrol pumps in India |
While the 3% accelerated cashback has a monthly cap of Rs. 5,000, you still earn 1.5% cashback even after reaching this limit. If you love shopping online and want a cashback credit card that saves you money everywhere without merchant restrictions, this card is an excellent choice.
SBI Cashback Credit Card
The Cashback SBI Card is another fantastic option for dedicated online shoppers. It gives a flat 5% cashback on all online purchases, no matter the merchant or platform. This card suits those who primarily shop through e-commerce platforms but don’t want to limit their benefits to specific brands or categories. There’s a combined monthly limit of Rs. 5,000 on cashback for both online and offline spends.
| Feature/Benefit | Details |
| Best For | Online Shopping |
| Joining Fee | Rs. 999 |
| Annual Fee | Rs. 999 (Waived off on spending Rs. 2 lakh in a year) |
| Online Spends Cashback | 5% cashback |
| Offline Spends Cashback | 1% cashback |
| Annual Fee Reversal | On spending Rs. 2 Lakh in a year |
| Fuel Surcharge Waiver | 1% across all petrol pumps in India |
After reaching this cap, you won’t earn any further cashback. Despite this capping, the card remains a great choice for high-spending online shoppers who can easily maximize its benefits. For those seeking a versatile cashback credit card for digital purchases, the Cashback SBI Card is a strong contender.
HDFC Millennia Cashback Credit Card
The HDFC Millennia Credit Card offers a broad range of 5% cashback benefits across popular brands. These cover various categories such as movies (BookMyShow), online shopping (Amazon, Flipkart, Myntra, Tata CLiQ), dining (Swiggy, Zomato), fitness (Cult.fit), entertainment (Sony LIV), and travel (Uber).
While there are minimum transaction limits and maximum cashback caps per billing cycle, this card is still a fantastic choice for high-spenders who frequently use these associated brands.
| Feature/Benefit | Details |
| 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) |
| 5% Cashback Brands | Amazon, Cult.fit, BookMyShow, Sony LIV, Flipkart, Myntra, Swiggy, Tata CLiQ, Zomato and Uber |
| Other Spends Cashback | 1% cashback (as Cash Points) |
| Quarterly Benefit | Rs. 1,000 gift voucher or 1 domestic lounge access on spending Rs. 1 lakh+ |
The cashback comes in the form of Cash Points, which are easy to redeem. If you’re looking for a comprehensive cashback credit card that covers many aspects of your lifestyle, the HDFC Millennia is worth considering. This is a very beneficial cashback credit card for online shopping.
Flipkart Axis Bank Cashback Credit Card
The Flipkart Axis Bank Credit Card is another popular co-branded online shopping card that gives you 5% unlimited cashback on Flipkart and Cleartrip. You also get 4% unlimited cashback on preferred merchants like PVR, Uber, Swiggy, and Cult.fit. This card cleverly covers three very popular categories: shopping, travel, and lifestyle.
Similar cards like Amazon Pay ICICI and Paytm SBI Card offer great benefits on their own platforms. However, the partner merchants on the Flipkart Axis Card are among the most popular in their categories, making this cashback credit card incredibly practical.
| Feature/Benefit | Details |
| 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) |
| 5% Cashback | Flipkart and Cleartrip |
| 4% Cashback | Preferred merchants (e.g., PVR, Uber, Swiggy, Cult.fit) |
| Other Spends Cashback | 1% unlimited cashback |
| Complimentary Lounge Visits | 4 domestic (on spending min. Rs. 50,000 in previous quarter) |
| Fuel Surcharge Waiver | 1% up to Rs. 400 per month |
| Welcome Benefits | Worth Rs. 600 |
If you are a loyal Flipkart shopper and also want benefits with other popular merchants, this card is an excellent choice. Flipkart also offers another co-branded card with SBI Card that comes with similar benefits and the same annual fee, which can be an alternative if you are not eligible for the Axis Bank version.
Tata Neu Infinity HDFC Bank Cashback Credit Card
Despite being a co-branded credit card, the Tata Neu Infinity HDFC Credit Card covers an impressive range of categories. These span from shopping and groceries to big-ticket spends like jewelry and appliances, all within the vast Tata ecosystem.
| Feature/Benefit | Details |
| 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) |
| 5% Back | Tata Neu and partner Tata brands |
| Additional 5% Back | Selected categories on Tata Neu app/website (with NeuPass) |
| Other Spends Value-back | 1.5% (including merchant EMI spends) |
| UPI Spends Value-back | Up to 1.5% (all categories, including Tata brands) |
| Domestic Lounge Visits | 8 complimentary per year |
| International Lounge Visits | 4 complimentary per year |
| Welcome Benefit | 1,499 NeuCoins |
Unlike many cards that exclude EMI transactions from rewards, this card offers 1.5% value-back on all purchases made outside the Tata Group, including EMI transactions. You even get up to 1.5% back on UPI spends.
This cashback credit card is a great choice for consumers who frequently shop with eligible Tata Group Brands and can easily maximize its extensive benefits. If you’re embedded in the Tata ecosystem, this is a top-tier cashback credit card for daily expenses.
Swiggy HDFC Bank Cashback Credit Card
The Swiggy HDFC Bank Credit Card perfectly suits those who frequently use Swiggy for food orders, grocery shopping (Instamart), dining out (Dineout), and other daily services (Genie). This co-branded credit card gives an impressive 10% accelerated cashback rate on Swiggy and 5% cashback on online spending across other top brands.
Unlike many co-branded cards where cashback goes into a brand-specific wallet, the Swiggy HDFC Card gives direct value-back as a statement credit. This convenience makes it stand out.
| Feature/Benefit | Details |
| 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) |
| 10% Cashback | Swiggy app (food ordering, Instamart, Dineout, Genie) |
| 5% Cashback | Online spending across top brands |
| Other Spends Cashback | 1% cashback |
| Swiggy One Membership | 3 months (on card activation and renewal) |
Overall, this cashback credit card is not just a great choice for Swiggy users but also a strong competitor to popular shopping cards like Flipkart Axis and Amazon Pay ICICI. It’s truly a rewarding cashback credit card for foodies.
Airtel Axis Bank Cashback Credit Card
Since most cards exclude utility bill payments from their rewards programs, the Airtel Axis Bank Credit Card shines as a top option for those looking to save in this category, especially if you are an Airtel customer. This cashback credit card offers a substantial 25% cashback on bill payments for Airtel mobile, WiFi, DTH, and broadband recharges.
Additionally, you get 10% cashback on preferred merchants like Zomato, Swiggy, and BigBasket, and on other utility bills paid via the Airtel Thanks app. An unlimited 1% cashback on all other spends rounds out its benefits. This makes it a great option for Airtel customers who want to save on utilities, groceries, and dining.
| Feature/Benefit | Details |
| 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) |
| 25% Cashback | Airtel Mobile, Broadband, WiFi and DTH bill payments via Airtel Thanks app |
| 10% Cashback | Zomato, Swiggy, BigBasket and utility bills via Airtel Thanks app |
| Other Spends Cashback | 1% unlimited cashback |
| Welcome Benefit | Amazon e-voucher worth Rs. 500 |
| Complimentary Lounge Visits | 4 domestic (on spending Rs. 50,000 during previous 3 months) |
However, if you are not an Airtel customer and still want to earn cashback on utility bills, the Axis ACE credit card might be a better option for you. This is a very targeted yet powerful cashback credit card for utility payments.
HSBC Live+ Cashback Credit Card
The HSBC Live+ Credit Card is an excellent fit for those who frequently spend on groceries, dining, and food delivery. With up to 10% cashback on food-related expenses and an unlimited 1.5% cashback on all other spends, users can save a significant amount. Beyond cashback, the card also offers complimentary domestic lounge access and a generous spend-based welcome bonus.
For people who want to save on daily spends and prefer direct cashback instead of reward points, the HSBC Live+ can be a very suitable option.
| Feature/Benefit | Details |
| 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) |
| Welcome Offer Cashback | Rs. 1,000 (on spending Rs. 20,000+ within 30 days) |
| 10% Cashback | Dining, grocery and food delivery spends (up to Rs. 1,000 per month) |
| Other Spends Cashback | Unlimited 1.5% cashback |
| Dining Discounts | Up to 15% off at partner restaurants via Live+ Dining Programme |
However, if you are looking for a credit card with more diverse benefits across many categories, you might consider other all-rounder options. This is a brilliant cashback credit card for food expenses.
The Final Words
The right cashback credit card in India can make a big difference in how much you save every month. The key is to understand your spending habits and compare the features of different cards to find one that truly fits your lifestyle. Whether you love online shopping, dining out, traveling frequently, or simply want to cut down on your utility bills, there’s a cashback credit card made just for you.
Always remember to read the terms carefully, pay your bills on time, and use your card smartly to get the most out of it. The cards highlighted here are among the best in 2025, offering excellent value and turning your everyday expenses into rewarding savings. So, take charge of your finances and let cashback work for you!
2 thoughts on “Your Ultimate Guide to Top Cashback Credit Cards in India 2025”