Best Cashback Credit Cards in India (2026): Top Picks Compared
Updated: 2026-07-29
Summary: Cashback cards look simple, but monthly caps, excluded categories and merchant-specific rates decide the real winner.
Recommended Cards in this Guide
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HDFC MILLENNIA (Broad online spends): Versatile cashback card covering Amazon, Flipkart, Myntra, and Swiggy.
Fee: ₹1,000 · View Details -
Swiggy HDFC Bank Credit Card (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 HDFC ULTIMO (PhonePe-led payments): High cashback on PhonePe utilities and merchant categories.
Fee: ₹999 · 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
HDFC Millennia Credit Card (₹1,000): A popular card for versatile online shopping, offering 5% CashPoints across Amazon, Flipkart, Myntra, and Swiggy (up to ₹1,000 per month), plus 1% on all other spends.
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 HDFC Bank Credit Card (₹500): The perfect companion for foodies. Offers 10% cashback on Swiggy (min txn ₹249), 5% on top online merchants and Cleartrip, 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 via Airtel Thanks App, 10% on utilities, and 10% value-back on Zomato, Blinkit, and District partner buckets, alongside a 1% base rate on other eligible spends.
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 (capped at 500 NeuCoins/month).
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. HDFC Millennia works well for versatile online shopping, Swiggy HDFC Bank Credit Card for Swiggy and eligible online categories, and Amazon Pay ICICI for Amazon-heavy users.
- Is HDFC Millennia better than Swiggy HDFC Bank Credit Card?
- HDFC Millennia is broader for general online shopping across Amazon, Flipkart, and Myntra, while Swiggy HDFC Bank Credit Card is stronger if your monthly spend is concentrated on Swiggy food delivery and dining.
- 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.