Best Cashback Credit Cards in India (2026): Top Picks Compared
Updated: 2026-07-05
Summary: Cashback cards look simple, but monthly caps, excluded categories and merchant-specific rates decide the real winner.
Recommended Cards in this Guide
-
SBI CASHBACK (Broad online spends): Simple online cashback card with cycle-level caps.
Fee: ₹999 · View Details -
SWIGGY BLCK (Food and delivery): Best when Swiggy is a major monthly spend bucket.
Fee: ₹500 · View Details -
AMAZON PAY ICICI (Amazon-heavy users): Lifetime-free card with stronger value for Prime users.
Fee: Free · View Details -
PHONEPE SBI Card SELECT BLACK (PhonePe-led payments): Useful when selected PhonePe buckets match your spends.
Fee: ₹1,499 · View Details
Top Lifetime Free (LTF) Cashback Cards
**Amazon Pay ICICI Bank Credit Card**: Best for Amazon Prime members offering 5% unlimited cashback on Amazon India. Non-prime users get 3%. It also offers 2% cashback on partner merchants and 1% on other spends. Excellent choice because it has absolutely no joining or annual fees.
**Scapia Federal Credit Card**: Best suited for travel enthusiasts looking for zero forex markup. It offers unlimited domestic lounge access upon spending ₹20,000 monthly. You earn 10% Scapia coins on normal spends and 20% on travel, with no annual fees.
**Kiwi RuPay Credit Card**: Ideal for UPI enthusiasts. Earn 2% cashback (as Kiwis) on all scan and pay UPI transactions, completely lifetime free.
Best Cashback Cards Under ₹1000 Annual Fee
**SBI Cashback Credit Card (₹999)**: The undisputed king of online shopping, offering 5% direct cashback on virtually all online spends across any platform (up to ₹2000 per month). Offline spends fetch 1%.
**Axis Bank Ace Credit Card (₹499)**: Provides an unmatched 5% cashback on utility bills via Google Pay, 4% on Swiggy, Zomato & Ola, and a solid 1.5% base cashback on all other offline and online transactions.
**Swiggy BLCK Credit Card (₹500)**: The perfect companion for foodies. Offers 10% cashback on Swiggy, 5% on top online merchants (Amazon, Flipkart, BookMyShow), and 1% on everything else.
**HSBC Live+ Credit Card (₹999)**: Offers 10% cashback on dining, food delivery, groceries, utilities, and select shopping (capped at ₹1,200/month) and 1.5% on other spends.
**Airtel Axis Bank Credit Card (₹500)**: Highly rewarding—offers 25% cashback on Airtel recharges (capped at 2x base rewards), 10% on utilities via Airtel Thanks App (capped at 1x base rewards), and 10% value-back on Zomato.
High-Value / Premium Cashback Cards
**Bank of Baroda Eterna Credit Card (₹2,499)**: A premium lifestyle card offering 3.75% reward rate (15 points per ₹100) on travel, dining, and online spends, alongside unlimited domestic lounge access.
**Tata Neu Infinity HDFC Bank Credit Card (₹1,499 / LTF)**: The pinnacle for Tata brand loyalists. Earn 10% NeuCoins on Tata Neu purchases, 5% on partner brands, and 1.5% NeuCoins on all other eligible spends, including UPI.
How To Compare Cashback Cards
Start with your monthly online spend and split it by merchant: Amazon, Flipkart, Swiggy, Zomato, utilities, groceries and offline spends.
Then compare reward rate, monthly cap, fee waiver threshold, excluded MCCs and whether cashback is automatic or redemption-based.
A lower headline cashback rate can still win if the card has no fee, easier redemption or a higher usable cap for your spend pattern.
Frequently Asked Questions
- Which cashback credit card is best in India?
- There is no single best card for everyone. SBI Cashback works well for broad online spends, Swiggy BLCK for Swiggy and eligible online categories, and Amazon Pay ICICI for Amazon-heavy users.
- Is SBI Cashback better than Swiggy BLCK?
- SBI Cashback is usually broader for online spends, while Swiggy BLCK is stronger if your monthly spend is concentrated on Swiggy and eligible partner categories.
- Should I get a PhonePe cashback card?
- PhonePe cards make most sense when your spending already flows through PhonePe utilities or selected merchant categories and you can use the reward caps efficiently.