Best Overall
Paytm SBI Card
SBI
7.5
Rating
The strongest all-round choice for most readers comparing cashback cards today.
Annual Fee
₹499
Reward Rate
100%
ShoppingCashbackTravel
28 cards
Updated Mar 15, 2026high confidence
Best Cashback Cards in India (April 2026)
Simple cards that return direct cash value on everyday spending without complex redemptions.
instant cashbackno redemption hasslesimple rewards
28
Compared Cards
3
Free Options
₹500
Average Annual Fee
Strong bias toward net value after fees
Built for practical everyday use
Easy to compare across banks
TL;DR
Quick Picks for Cashback Cards
These picks are designed to answer the most common category decisions first, before you read the full comparison.
Best for Heavy Spenders
Paytm SBI Card
SBI
7.5
Rating
Best suited to users who can justify a fee and consistently earn through high monthly spend.
Annual Fee
₹499
Reward Rate
100%
ShoppingCashbackTravel
Best Free Option
Amazon Pay ICICI Bank Credit Card
ICICI
4.8
Rating
The most defensible no-fee pick if you want category value without renewal cost.
Annual Fee
Free
Reward Rate
100%
ShoppingCashbackTravel
Expert Insights
Simplicity compounds
Cashback cards work best when the reward structure is simple enough that you actually use the right card every time.
Caps are the silent killer
A high cashback headline number is far less valuable when the cap is too small for your normal monthly spending.
Comparison Table
Compare Fees, Reward Rates, and Ratings
Compare Cashback Cards
Sort by fee, rewards, best-fit tags, or editor rating.
Sorted by rating (high to low)
Paytm SBI Card
Editor's PickSBI
7.5/10
Annual Fee
₹499
Reward Rate
100%
Best For
Shopping, Cashback
Network
RuPay
PhonePe HDFC Bank Uno Credit Card
HDFC
7.5/10
Annual Fee
₹499
Reward Rate
30%
Best For
cashback, shopping
Network
RuPay
Paytm HDFC Bank Business Credit Card
HDFC
7.2/10
Annual Fee
₹500
Reward Rate
100%
Best For
Business, Cashback
Network
Visa
Pharmeasy HDFC Bank Credit Card
HDFC
6.5/10
Annual Fee
₹500
Reward Rate
25%
Best For
Healthcare, Cashback
Network
Visa
Amazon Pay ICICI Bank Credit Card
ICICI
4.8/10
Annual Fee
Free
Reward Rate
100%
Best For
Shopping, Cashback
Network
Visa
CASHBACK SBI Card
SBI
4.5/10
Annual Fee
₹999
Reward Rate
100%
Best For
Shopping, Cashback
Network
Visa
Axis Bank ACE Credit Card
AXIS
4.2/10
Annual Fee
₹499
Reward Rate
100%
Best For
Cashback, Utilities
Network
Visa
Axis Bank Cashback Credit Card
AXIS
4.2/10
Annual Fee
₹1,000
Reward Rate
100%
Best For
Cashback, Shopping
Network
Visa
Fibe Axis Bank Credit Card
AXIS
4.2/10
Annual Fee
Free
Reward Rate
100%
Best For
Cashback, UPI
Network
RuPay
HDFC Bank Millennia Credit Card
HDFC
4.2/10
Annual Fee
₹1,000
Reward Rate
100%
Best For
Cashback, Shopping
Network
Visa
Swiggy HDFC Bank Credit Card
HDFC
4.2/10
Annual Fee
₹500
Reward Rate
100%
Best For
Cashback, Dining
Network
Mastercard
Airtel Axis Bank Credit Card
AXIS
4.0/10
Annual Fee
₹500
Reward Rate
100%
Best For
Cashback, Utility
Network
Visa
HDFC Bank GIGA Business Credit Card
HDFC
4.0/10
Annual Fee
₹500
Reward Rate
25%
Best For
Business, Cashback
Network
Visa
Paytm HDFC Bank Select Credit Card
HDFC
4.0/10
Annual Fee
₹1,000
Reward Rate
100%
Best For
Cashback, Shopping
Network
Visa
Samsung Axis Bank Signature Credit Card
AXIS
4.0/10
Annual Fee
₹500
Reward Rate
20%
Best For
Shopping, Rewards
Network
Visa
Tata Neu Plus SBI Card
SBI
4.0/10
Annual Fee
₹499
Reward Rate
100%
Best For
Shopping, Cashback
Network
RuPay
Axis Bank - Flipkart Axis Bank Credit Card
AXIS
3.5/10
Annual Fee
₹500
Reward Rate
100%
Best For
Shopping, Cashback
Network
Visa
Axis Bank Freecharge Plus Credit Card
AXIS
3.5/10
Annual Fee
₹350
Reward Rate
100%
Best For
Cashback, Utilities
Network
Visa
HDFC Bank Business Moneyback
HDFC
3.5/10
Annual Fee
₹500
Reward Rate
20%
Best For
Business, Cashback
Network
Mastercard
HDFC Bank Easy EMI Credit Card
HDFC
3.5/10
Annual Fee
₹500
Reward Rate
30%
Best For
Shopping, Cashback
Network
Visa
HDFC Bank Flipkart Wholesale Credit Card
HDFC
3.5/10
Annual Fee
₹499
Reward Rate
100%
Best For
Business, Cashback
Network
Diners Club
HDFC Bank MoneyBack+
HDFC
3.5/10
Annual Fee
₹500
Reward Rate
25%
Best For
Shopping, Cashback
Network
Visa
HDFC Bank Platinum Edge
HDFC
3.5/10
Annual Fee
₹500
Reward Rate
10%
Best For
Cashback, Dining
Network
Visa
Kotak Mahindra Bank Fortune Gold
KOTAK
3.5/10
Annual Fee
Free
Reward Rate
100%
Best For
Business, Cashback
Network
Visa
Paytm HDFC Bank Credit Card
HDFC
3.5/10
Annual Fee
₹500
Reward Rate
100%
Best For
Cashback, Shopping
Network
Visa
Paytm HDFC Bank Digital Credit Card
HDFC
3.5/10
Annual Fee
₹149
Reward Rate
100%
Best For
Cashback, Shopping
Network
Visa
Retailio HDFC Bank Credit Card
HDFC
3.5/10
Annual Fee
₹499
Reward Rate
20%
Best For
Business, Rewards
Network
Visa
HDFC Bank Business Freedom Credit Card
HDFC
3.0/10
Annual Fee
₹500
Reward Rate
10%
Best For
Business, Rewards
Network
Visa
| Card | Action | ||||
|---|---|---|---|---|---|
Paytm SBI CardEditor's Pick SBI | ₹499 | 100% | ShoppingCashbackTravel | 7.5/10 | |
| ₹499 | 30% | cashbackshoppingupi | 7.5/10 | ||
| ₹500 | 100% | BusinessCashbackUtilities | 7.2/10 | ||
| ₹500 | 25% | HealthcareCashback | 6.5/10 | ||
| Free | 100% | ShoppingCashbackTravel | 4.8/10 | ||
| ₹999 | 100% | ShoppingCashback | 4.5/10 | ||
| ₹499 | 100% | CashbackUtilitiesDining | 4.2/10 | ||
| ₹1,000 | 100% | CashbackShoppingDining | 4.2/10 | ||
| Free | 100% | CashbackUPIDining | 4.2/10 | ||
| ₹1,000 | 100% | CashbackShoppingDining | 4.2/10 | ||
| ₹500 | 100% | CashbackDiningShopping | 4.2/10 | ||
| ₹500 | 100% | CashbackUtilityDining | 4.0/10 | ||
| ₹500 | 25% | BusinessCashbackSME | 4.0/10 | ||
| ₹1,000 | 100% | CashbackShoppingTravel | 4.0/10 | ||
| ₹500 | 20% | ShoppingRewardsCashback | 4.0/10 | ||
| ₹499 | 100% | ShoppingCashbackUPI | 4.0/10 | ||
| ₹500 | 100% | ShoppingCashback | 3.5/10 | ||
| ₹350 | 100% | CashbackUtilitiesShopping | 3.5/10 | ||
| ₹500 | 20% | BusinessCashbackRewards | 3.5/10 | ||
| ₹500 | 30% | ShoppingCashbackEMI | 3.5/10 | ||
| ₹499 | 100% | BusinessCashbackShopping | 3.5/10 | ||
| ₹500 | 25% | ShoppingCashbackEntry-level | 3.5/10 | ||
| ₹500 | 10% | CashbackDiningFuel | 3.5/10 | ||
| Free | 100% | BusinessCashbackFuel | 3.5/10 | ||
| ₹500 | 100% | CashbackShoppingUtilities | 3.5/10 | ||
| ₹149 | 100% | CashbackShoppingDining | 3.5/10 | ||
| ₹499 | 20% | BusinessRewardsCashback | 3.5/10 | ||
| ₹500 | 10% | BusinessRewardsCashback | 3.0/10 |
How to Choose
What Matters Most in Cashback Cards
Key factors to compare
- Real cashback rate after caps and exclusions
- Merchant restrictions and category limits
- Fee versus expected annual cashback
What to look for
- A clear cashback structure you can understand quickly
- Good earn rates on recurring categories like groceries, bills, and online shopping
- Low friction with direct statement credit or simple redemption
Common mistakes
- Overvaluing temporary partner promos
- Ignoring monthly cashback caps
- Paying a fee for a cashback card without enough spend to recover it
Expanded Grid
Individual Card Breakdowns
25 paid cards and 3 free cards in this category.
SBI
Paytm SBI Card
ShoppingCashbackTravel
7.5
Editor Rating
Annual Fee
₹499
Reward Rate
100%
Network
RuPay
Mini Pros
Annual fee of ₹499
100% base reward rate
Good fit for shopping
Watchouts
You need enough yearly value to offset the ₹499 fee
HDFC
PhonePe HDFC Bank Uno Credit Card
cashbackshoppingupi
7.5
Editor Rating
Annual Fee
₹499
Reward Rate
30%
Network
RuPay
Mini Pros
Annual fee of ₹499
30% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹499 fee
HDFC
Paytm HDFC Bank Business Credit Card
BusinessCashbackUtilities
7.2
Editor Rating
Annual Fee
₹500
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹500
100% base reward rate
Good fit for business
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
Pharmeasy HDFC Bank Credit Card
HealthcareCashback
6.5
Editor Rating
Annual Fee
₹500
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹500
25% base reward rate
Good fit for healthcare
Watchouts
You need enough yearly value to offset the ₹500 fee
ICICI
Amazon Pay ICICI Bank Credit Card
ShoppingCashbackTravel
4.8
Editor Rating
Annual Fee
Free
Reward Rate
100%
Network
Visa
Mini Pros
No annual fee to recover
100% base reward rate
Good fit for shopping
Watchouts
Benefits may be lighter than premium alternatives
SBI
CASHBACK SBI Card
ShoppingCashback
4.5
Editor Rating
Annual Fee
₹999
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹999
100% base reward rate
Good fit for shopping
Watchouts
You need enough yearly value to offset the ₹999 fee
AXIS
Axis Bank ACE Credit Card
CashbackUtilitiesDining
4.2
Editor Rating
Annual Fee
₹499
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹499
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹499 fee
AXIS
Axis Bank Cashback Credit Card
CashbackShoppingDining
4.2
Editor Rating
Annual Fee
₹1,000
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹1,000
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹1,000 fee
AXIS
Fibe Axis Bank Credit Card
CashbackUPIDining
4.2
Editor Rating
Annual Fee
Free
Reward Rate
100%
Network
RuPay
Mini Pros
No annual fee to recover
100% base reward rate
Good fit for cashback
Watchouts
Benefits may be lighter than premium alternatives
HDFC
HDFC Bank Millennia Credit Card
CashbackShoppingDining
4.2
Editor Rating
Annual Fee
₹1,000
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹1,000
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹1,000 fee
HDFC
Swiggy HDFC Bank Credit Card
CashbackDiningShopping
4.2
Editor Rating
Annual Fee
₹500
Reward Rate
100%
Network
Mastercard
Mini Pros
Annual fee of ₹500
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹500 fee
AXIS
Airtel Axis Bank Credit Card
CashbackUtilityDining
4.0
Editor Rating
Annual Fee
₹500
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹500
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
HDFC Bank GIGA Business Credit Card
BusinessCashbackSME
4.0
Editor Rating
Annual Fee
₹500
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹500
25% base reward rate
Good fit for business
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
Paytm HDFC Bank Select Credit Card
CashbackShoppingTravel
4.0
Editor Rating
Annual Fee
₹1,000
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹1,000
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹1,000 fee
AXIS
Samsung Axis Bank Signature Credit Card
ShoppingRewardsCashback
4.0
Editor Rating
Annual Fee
₹500
Reward Rate
20%
Network
Visa
Mini Pros
Annual fee of ₹500
20% base reward rate
Good fit for shopping
Watchouts
You need enough yearly value to offset the ₹500 fee
SBI
Tata Neu Plus SBI Card
ShoppingCashbackUPI
4.0
Editor Rating
Annual Fee
₹499
Reward Rate
100%
Network
RuPay
Mini Pros
Annual fee of ₹499
100% base reward rate
Good fit for shopping
Watchouts
You need enough yearly value to offset the ₹499 fee
AXIS
Axis Bank - Flipkart Axis Bank Credit Card
ShoppingCashback
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹500
100% base reward rate
Good fit for shopping
Watchouts
You need enough yearly value to offset the ₹500 fee
AXIS
Axis Bank Freecharge Plus Credit Card
CashbackUtilitiesShopping
3.5
Editor Rating
Annual Fee
₹350
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹350
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹350 fee
HDFC
HDFC Bank Business Moneyback
BusinessCashbackRewards
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
20%
Network
Mastercard
Mini Pros
Annual fee of ₹500
20% base reward rate
Good fit for business
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
HDFC Bank Easy EMI Credit Card
ShoppingCashbackEMI
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
30%
Network
Visa
Mini Pros
Annual fee of ₹500
30% base reward rate
Good fit for shopping
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
HDFC Bank Flipkart Wholesale Credit Card
BusinessCashbackShopping
3.5
Editor Rating
Annual Fee
₹499
Reward Rate
100%
Network
Diners Club
Mini Pros
Annual fee of ₹499
100% base reward rate
Good fit for business
Watchouts
You need enough yearly value to offset the ₹499 fee
HDFC
HDFC Bank MoneyBack+
ShoppingCashbackEntry-level
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹500
25% base reward rate
Good fit for shopping
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
HDFC Bank Platinum Edge
CashbackDiningFuel
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
10%
Network
Visa
Mini Pros
Annual fee of ₹500
10% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹500 fee
KOTAK
Kotak Mahindra Bank Fortune Gold
BusinessCashbackFuel
3.5
Editor Rating
Annual Fee
Free
Reward Rate
100%
Network
Visa
Mini Pros
No annual fee to recover
100% base reward rate
Good fit for business
Watchouts
Benefits may be lighter than premium alternatives
HDFC
Paytm HDFC Bank Credit Card
CashbackShoppingUtilities
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹500
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
Paytm HDFC Bank Digital Credit Card
CashbackShoppingDining
3.5
Editor Rating
Annual Fee
₹149
Reward Rate
100%
Network
Visa
Mini Pros
Annual fee of ₹149
100% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹149 fee
HDFC
Retailio HDFC Bank Credit Card
BusinessRewardsCashback
3.5
Editor Rating
Annual Fee
₹499
Reward Rate
20%
Network
Visa
Mini Pros
Annual fee of ₹499
20% base reward rate
Good fit for business
Watchouts
You need enough yearly value to offset the ₹499 fee
HDFC
HDFC Bank Business Freedom Credit Card
BusinessRewardsCashback
3.0
Editor Rating
Annual Fee
₹500
Reward Rate
10%
Network
Visa
Mini Pros
Annual fee of ₹500
10% base reward rate
Good fit for business
Watchouts
You need enough yearly value to offset the ₹500 fee
FAQ
Common Questions About Cashback Cards
Does cashback on credit cards expire?
It depends on the card. Direct statement cashback (like SBI or Axis) never expires as it is adjusted against your bill. However, points-based cashback (like HDFC CashPoints) typically expires after 1-2 years if not redeemed.
Are utility bills and rent eligible for cashback?
Most cashback cards have excluded rent and utility payments from earning rewards in 2026. The Airtel Axis card is a notable exception, offering 10% on utilities via the Airtel Thanks app, though it is now subject to dynamic capping.
Is there a minimum spend required to earn cashback?
Most top-tier cards like SBI Cashback and Amazon Pay ICICI do not have a minimum spend per transaction. However, some cards like the BoB Cashback card may require a minimum of 4 transactions per month to trigger the 5% rate.