Credit cards in India have evolved from being just a convenient payment method to powerful financial tools that help you earn cashback, reward points, discounts, and exclusive perks. Whether you shop online, pay bills, travel, or dine out, the right card can help you save thousands every year.
In this article, we’ll explore the best credit cards in India for cashback and rewards, their benefits, fees, and ideal user profiles — so you can choose the one that perfectly matches your lifestyle.
Why Choose a Cashback or Rewards Credit Card?
Credit cards offer many benefits, but cashback and rewards cards are especially popular because they give direct value back on your spending.
- Cashback cards return a percentage of your purchases as cash credit to your account.
- Rewards cards offer points for every transaction, which you can redeem for products, vouchers, or travel bookings.
The right choice depends on your spending pattern. If you want instant savings, cashback cards are great; if you prefer flexibility, reward points might be better.
Best Cashback & Rewards Credit Cards in India — 2025 Picks
Here are some of the top-performing cards this year:
1. HDFC Millennia Credit Card
Best for: Online shoppers & lifestyle spenders
Key Benefits:
- 5% cashback (as CashPoints) on Amazon, Flipkart, Myntra, Swiggy, Zomato, and more.
- 1% cashback on all other spends.
- Complimentary airport lounge access (domestic).
- Fuel surcharge waiver.
Annual Fee: ₹1,000 (waived on annual spends above ₹1 lakh)
Ideal For: Young professionals who spend heavily on online shopping and food delivery.
2. SBI Cashback Credit Card
Best for: Direct cashback lovers
Key Benefits:
- 5% unlimited cashback on all online spends.
- 1% cashback on offline spends.
- No merchant restrictions.
- Automatic cashback credit to your account.
Annual Fee: ₹999 (waived on spends above ₹2 lakh)
Ideal For: People who want hassle-free cashback without tracking points.
3. Axis Bank Ace Credit Card
Best for: Bill payments & mobile recharges
Key Benefits:
- 5% cashback on utility bills, DTH, and mobile recharges via Google Pay.
- 4% cashback on Zomato, Swiggy, and Ola.
- 2% cashback on all other spends.
- Low annual fee.
Annual Fee: ₹499 (waived on spends above ₹10,000 in 45 days)
Ideal For: Everyday household expense payments.
4. Amazon Pay ICICI Credit Card
Best for: Amazon loyal customers
Key Benefits:
- 5% cashback for Amazon Prime members, 3% for non-Prime.
- 2% cashback on partner merchants.
- 1% cashback on all other transactions.
- Lifetime free card.
Annual Fee: ₹0 (Lifetime free)
Ideal For: Regular Amazon shoppers who want unlimited cashback.
5. Standard Chartered Manhattan Platinum
Best for: Grocery & supermarket spends
Key Benefits:
- 5% cashback on grocery spends (Big Bazaar, Reliance Fresh, etc.).
- 3x reward points on other spends.
- Low annual fee.
Annual Fee: ₹999 (waived on spends above ₹1.2 lakh)
Ideal For: Families with high grocery expenses.
6. American Express Membership Rewards Card
Best for: Reward point maximizers
Key Benefits:
- 1 Membership Reward point per ₹50 spent (except fuel).
- 1,000 bonus points monthly for spending ₹4,000 on 4 transactions.
- Great redemption options for travel, shopping, and vouchers.
Annual Fee: ₹4,500 (first year), ₹6,000 (second year onwards)
Ideal For: Users who prefer luxury benefits and reward flexibility.
Factors to Consider Before Choosing a Credit Card
When selecting the best credit card for cashback and rewards, consider these factors:
1. Spending Pattern
If you spend mostly online, pick a card with high e-commerce cashback. If you dine out often, look for a dining rewards card.
2. Annual Fees vs Benefits
Make sure the rewards you earn exceed the annual fee, or opt for a lifetime-free card.
3. Redemption Process
Some cards credit cashback directly, while others offer reward points that need redemption — choose what’s more convenient for you.
4. Bonus Offers
Many banks give welcome bonuses, milestone rewards, or extra cashback during sales — these can add significant value.
5. Other Perks
Airport lounge access, fuel waivers, and travel insurance are nice extras to consider.
Tips to Maximize Cashback & Rewards
- Use the right card for the right spend (e.g., use Amazon Pay ICICI for Amazon shopping, HDFC Millennia for Flipkart).
- Track your reward points expiry — don’t let them go unused.
- Pay your bills on time to avoid interest charges that wipe out cashback benefits.
- Look for seasonal offers — many banks give 5–10% extra cashback during festivals or online sales.
if You Need Free Business Consultation Then Click On Lere More Button
Conclusion
The best credit card in India for cashback and rewards is the one that matches your lifestyle and spending habits. For pure cashback, SBI Cashback and Amazon Pay ICICI are unbeatable. For rewards flexibility, American Express Membership Rewards or HDFC Millennia stand out.
Before applying, always check the latest offers, eligibility, and terms on the bank’s official site. Used wisely, a good cashback/rewards credit card can turn your everyday spending into smart savings.