Cashback Credit Card Comparison

Side-by-side comparison matrix for cashback cards in India (2026).

Feature HSBC LIVE+PHONEPE SBI Card SELECT BLACKPHONEPE HDFC ULTIMOSBI CASHBACKSwiggy HDFC Bank Credit CardHDFC MILLENNIAAMAZON PAY ICICIFLIPKART AXISAIRTEL AXISTATA NEU INFINITYSC SMARTJupiter Edge+ CSB Bank RuPay CardBank of Baroda Eterna Credit CardKiwi RuPay Credit CardAU Bank Xcite Ace Credit CardEquitas Selfe Credit CardAxis Bank Ace Credit CardBank of Baroda Cashback Credit CardAxis Bank Cashback Credit Card
Joining/Annual Fee ₹999.00₹ 1,499₹ 999₹ 999₹500₹ 1000 / LTFLTF₹ 500₹500.00₹ 1499 / LTF₹499.00LTF₹2,499Free₹399Free₹499₹500₹500
Annual Fee Waiver Spends ₹2 Lakh₹3 Lakh₹2 Lakh₹2 Lakh₹2 Lakh₹1 Lakh-₹3.5 Lakh₹2 Lakh₹3 Lakh₹1.2 Lakh-₹2.5 Lakh-₹1 Lakh-₹2 Lakh₹1 Lakh₹2 Lakh
Welcome Benefit ₹1000 cashback on ₹20K spend in 30 days + ₹250 Amazon voucher₹1500 PhonePe Gift Card (on eligible activation spend)Joining fee reversal and PhonePe benefit as per active campaign-Complimentary 3-month Swiggy One membership1000 CashPoints (~₹1000)Amazon Pay balance benefits as per active onboarding campaign₹500 Flipkart voucher on 1st transaction₹500 Amazon eVoucher on first transaction within 30 days--₹1000 worth of Jupiter Edge coins10,000 Bonus Reward Points------
Domestic Lounge Visits 2 visits/year (1 every 6 months) (Effective July 26, 2026)4 visits/year8 visits/year--4 visits/year--Discontinued (Effective April 12, 2026)8 visits/year (2 per quarter)--Unlimited-4 visits/year-4 visits/year--
Spends for Lounge --₹75K/quarter--₹ 1L/quarter---₹50K in prev calendar quarter------₹50K in calendar quarter--
Education -----1%---1.5%1%1%-------
Fuel -------------------
Jewelry -1% / 5%---1%1%--1.5% / 5%1%1%-------
Govt. Payments ----------1%--------
Insurance -10%---1%1% / 2%--1.5% / 3.4%1%--------
Offline Spends 1.5%1%1%1%1%1%1%1%1%1.5%1%1%0.75%1%3%1%1.5%1%1%
Online Spends 1.5%1% / 5%1% / 5%5%1% / 5%1%1%1%1%1.5%2%1%3.75%1%2%1%1.5%1%2%
Rent ----------1%--------
Utilities 10%10%10%-1%1%2%-10% (via Airtel Thanks app)1.5% / 3.4%1%--------
Wallets ------1%---1%--------
Amazon 1.5%5%5%5%5%5%5% / 3%1%1%1.5%2% (online eligible)10%-------
Amazon Fresh 10%5%1%5%5%5%5% / 3%1%1%1.5%2% (online eligible)1%-------
BigBasket 10%5%1%5%1%1%2%1%1%5%2% (online eligible)1%-------
Blinkit 10%5%1%5%1%1%1%/2%1%10% value-back1.5%2% (online eligible)1%-------
Flipkart 1.5%5%5%5%5%5%1%5%1%1.5%2% (online eligible)10%-------
Flipkart Grocery 1.5%5%1%5%5%5%1%5%1%1.5%2% (online eligible)1%-------
JioMart 10%5%1%5%1%1%1%1%1%1.5%2% (online eligible)1%-------
Myntra 1.5%5%5%5%5%5%1%7.5%1%1.5%2% (online eligible)10%-------
Ola 1.5%5%1%5%5%1%1%1%1%1.5%2% (online eligible)1%-------
Swiggy 10%5%5%5%10%5%1%4%1%1.5%2% (online eligible)1%-------
Rapido 1.5%5%1%5%5%1%1%1%1%1.5%2% (online eligible)1%-------
Uber 1.5%5%5%5%5%5%1%4%1%1.5%2% (online eligible)1%-------
Zomato 10%5%5%5%1%5%1%1%10% value-back1.5%2% (online eligible)1%-------
NPS ------1%---1%--------
Notes Effective July 26, 2026: 10% cashback is expanded to include utilities and select shopping (Amazon/Flipkart/Myntra stay 1.5%), with the monthly 10% cap increased to ₹1,200. Domestic lounge access revised to 2 visits/year (1 per 6 months). Zero cashback on international transactions. Forex markup reduced to 1.99%.Effective July 1, 2026: PhonePe spends cap is 2,000 points split as 1,500 (non-insurance) and 500 (insurance). Online spends cap reduced to 1,000 points. Other spends cap 2,000 points. Zero rewards on education, tolls, jewelry, gift cards, and utility/insurance/UPI outside PhonePe app.Maximum cashback capped at ₹1000 for PhonePe spends, ₹500 for online spends and ₹500 for other spends. Use Scan and Pay for 1% cashback.5% cashback capped at ₹2000 per statement cycle. Buy gift cards with non-gift card MCC apps to get 5% cashback.10% cashback on Swiggy (min txn ₹249, capped at ₹1,500/mo). 5% on 1,000+ top online platforms & Cleartrip flights/hotels (min txn ₹100, capped at ₹1,500/mo). 1% on other eligible spends (capped at ₹500/mo).5% and 1% cashback capped at ₹1000 each per calendar monthNo Caps₹4000 per quarter cap each for Flipkart and MyntraEffective Apr 12, 2026: lounge access discontinued. Airtel and utility cashback caps now depend on base 1% category spend; 10% partner benefit moved from Swiggy/Zomato/BigBasket cashback to Zomato/Blinkit/District value-back buckets. Base 1% applies on other eligible spends.Fair Usage Limits: NeuCoins on UPI transactions are capped at 500 NeuCoins/month (1.5% via Tata Neu UPI, 0.5% other UPI). 8 domestic lounge visits/year (2/quarter via vouchers upon ₹50K spend in previous calendar quarter) + 4 international lounge visits via Priority Pass. 5% on Tanishq, 1.5% other jewellery.2% applies to eligible online spends and 1% to other eligible spends; monthly cashback caps and exclusion MCCs apply.10% Cashback Caps Category Capping: 10,000 Jewels Merchant Capping: 3000 Jewels Transaction level Capping: 1000 JewelsPremium lifestyle and travel rewards. 15 Reward points per ₹100 on travel, dining, and online spends.Earn 2 Kiwis per ₹100 spent via UPI scan and pay. 1 Kiwi = ₹0.25.Great choice for maximizing offline spends.Requires Fixed Deposit starting at ₹20,000.Excellent baseline 1.5% cashback on all other eligible spends.5% cashback on online utility and grocery spends.Alternative generic cashback card for everyday use.
Gift Cards -5% ★-5% ★-----5% ★---------