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 BLCKHDFC 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 BLCK 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 4 visits/year4 visits/year8 visits/year--4 visits/year--Discontinued (Effective April 12, 2026)8 visits/year--Unlimited-4 visits/year-4 visits/year--
Spends for Lounge --₹75K/quarter--₹ 1L/quarter---₹ 50K/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%-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 Maximum ₹1000 cashback limit per billing cycle for 10% categoryMaximum cashback capped at ₹2000 for PhonePe spends, ₹2000 for online spends and ₹2000 for other spends. Gift Cards (SBI Card Gyftr) gives 5% cashback. Get 5K Yatra GV on 5L spend.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% and 5% cashback capped at ₹1500 each per statement. 1% cashback capped at ₹1000 per statement.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 as per merchant are applicable. 5% on Tanishq, 1.5% on other jewellery. 3.4% rewards net of conv. Fee on Neu app for utility/insurance payments. Buy GV on Neu App.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% ★---------