Credit cards have become indispensable tools for managing expenses, offering convenience, flexibility, and the opportunity to earn rewards on everyday spending. Among the various types of credit card rewards, cashback stands out for its simplicity and direct value. Unlike reward points or miles, cashback provides instant savings, credited directly to your account or as a statement credit. With the Indian credit card market booming in 2025, choosing the right cashback credit card can help you maximize savings on online shopping, dining, groceries, fuel, and more. In this comprehensive guide, we explore the top cashback credit cards in India for 2025, their features, benefits, and tips to optimize rewards, tailored to various spending habits.
Why Choose a Cashback Credit Card?
Cashback credit cards are a favorite among Indian consumers due to their straightforward reward system. Here’s why they’re a smart choice:
- Direct Savings: Earn a percentage of your spending back as cash, reducing your overall expenses.
- No Complex Redemptions: Unlike reward points, cashback doesn’t require conversions or navigating complex redemption processes.
- Wide Applicability: Many cards offer cashback across multiple categories like online shopping, groceries, dining, and fuel.
- Low or No Annual Fees: Several cashback cards come with minimal or no annual fees, making them cost-effective.
To maximize rewards, align your card choice with your spending patterns. Whether you’re an avid online shopper, frequent diner, or daily commuter, there’s a cashback card designed for you. Let’s dive into the top cashback credit cards for 2025, curated for maximum rewards.
Top Cashback Credit Cards in India for 2025
Here’s a detailed breakdown of the best cashback credit cards in India for 2025, selected based on their cashback rates, category coverage, annual fees, and additional perks. Each card is evaluated for its ability to deliver maximum value across diverse spending habits.
1. Axis Bank ACE Credit Card
Best for: Online Shopping and General Spending
The Axis Bank ACE Credit Card remains a top pick for its high cashback rates and versatility, especially for online shoppers.
- Cashback Benefits:
- 5% cashback on online spends (e.g., Amazon, Flipkart, Myntra).
- 4% cashback on Swiggy, Zomato, and Ola.
- 1.5% cashback on all other spends.
- Maximum cashback capped at ₹500 per month on select categories.
- Fees:
- Joining Fee: ₹499
- Annual Fee: ₹499 (waived on spending ₹2 lakh annually)
- Additional Perks:
- 1% fuel surcharge waiver on fuel transactions (₹400–₹4,000).
- Complimentary lounge access (4 visits per year).
- Why Choose It?: With no merchant restrictions on online spends and a low annual fee, this card is ideal for millennials and frequent online shoppers. The waiver of the annual fee on moderate spending makes it cost-effective.
2. SBI Cashback Credit Card
Best for: Online and Offline Shopping
The SBI Cashback Credit Card is a strong contender for those seeking a balance between online and offline rewards.
- Cashback Benefits:
- 5% cashback on online spends (excluding education, utilities, and rent).
- 1% cashback on all offline spends.
- Cashback capped at ₹5,000 per statement cycle.
- Fees:
- Joining Fee: ₹999
- Annual Fee: ₹999 (waived on spending ₹2 lakh annually)
- Additional Perks:
- 1% fuel surcharge waiver (₹500–₹3,000 transactions, up to ₹250/month).
- Welcome benefits include e-vouchers worth ₹999.
- Why Choose It?: Its high cashback cap and broad online spend coverage make it a hot pick for entry-level cardholders who shop across platforms like Amazon, Flipkart, and Myntra.
3. HDFC Bank Millennia Credit Card
Best for: Millennials and Online Shoppers
Tailored for the digital-savvy, the HDFC Bank Millennia Credit Card offers robust rewards for online and lifestyle spends.
- Cashback Benefits:
- 5% cashback on Amazon, Flipkart, BigBasket, and Swiggy (via SmartBuy or PayZapp).
- 1% cashback on other spends.
- 1,000 cash points as a welcome gift.
- Fees:
- Joining Fee: ₹1,000
- Annual Fee: ₹1,000 (waived on spending ₹1 lakh annually)
- Additional Perks:
- 8 complimentary domestic lounge visits per year.
- 1% fuel surcharge waiver (up to ₹250/month).
- Why Choose It?: Perfect for millennials who spend heavily on e-commerce and dining, this card offers a mix of cashback and lifestyle benefits with a reasonable fee structure.
4. Amazon Pay ICICI Bank Credit Card
Best for: Amazon Prime Members
A lifetime-free card, the Amazon Pay ICICI Bank Credit Card is a must-have for Amazon loyalists.
- Cashback Benefits:
- 5% cashback on Amazon purchases for Prime members.
- 3% cashback on Amazon for non-Prime members.
- 1% cashback on all other spends (except fuel).
- Cashback credited as Amazon Pay balance.
- Fees:
- Joining Fee: Nil
- Annual Fee: Nil
- Additional Perks:
- No-cost EMI options on Amazon purchases.
- 1% fuel surcharge waiver (up to ₹100/month).
- Why Choose It?: With no annual fee and high cashback for Amazon shoppers, this card is ideal for frequent Amazon users, especially Prime members.
5. Swiggy HDFC Bank Credit Card
Best for: Foodies and Grocery Shoppers
The Swiggy HDFC Bank Credit Card is designed for those who frequently order food or groceries via Swiggy.
- Cashback Benefits:
- 10% cashback on Swiggy (food, Instamart, Dineout, Genie).
- 5% cashback on online spends across top brands.
- 1.5% cashback on other spends.
- Fees:
- Joining Fee: ₹500
- Annual Fee: ₹500 (waived on spending ₹2 lakh annually)
- Additional Perks:
- Complimentary 3-month Swiggy One membership.
- 1% fuel surcharge waiver (up to ₹250/month).
- Why Choose It?: Ideal for food enthusiasts and online shoppers, this card offers accelerated cashback on Swiggy and other e-commerce platforms.
Also Read:Â 10 Proven Ways to Save Money Every Month in India
6. HSBC Live+ Credit Card
Best for: Dining and Grocery Spends
The HSBC Live+ Credit Card is perfect for those who spend heavily on dining and groceries.
- Cashback Benefits:
- 10% cashback on dining, groceries, and food delivery (up to ₹1,000/month).
- 1.5% cashback on other spends.
- Fees:
- Joining Fee: ₹999
- Annual Fee: ₹999 (waived on spending ₹2 lakh annually)
- Additional Perks:
- 2 complimentary domestic lounge visits per quarter.
- Spend-based welcome bonus (₹1,000 cashback on ₹10,000 spend within 30 days).
- Why Choose It?: This card is a great fit for foodies who want direct cashback and lounge access without complex reward point systems.
7. YES Bank Paisabazaar PaisaSave Credit Card
Best for: E-commerce Enthusiasts
This card offers flexibility across major e-commerce platforms, making it a strong contender for online shoppers.
- Cashback Benefits:
- 3% cashback on online transactions (Amazon, Flipkart, Myntra, Swiggy, etc.).
- 1.5% cashback on other eligible spends.
- Cashback capped at ₹5,000/month.
- Fees:
- Joining Fee: Nil
- Annual Fee: ₹499 (waived on spending ₹1.2 lakh annually)
- Additional Perks:
- 1% fuel surcharge waiver (up to ₹250/month).
- Instant EMI options on select platforms.
- Why Choose It?: Its broad e-commerce coverage and low annual fee make it a versatile choice for online shoppers.
8. AU Bank Xcite Ace Credit Card
Best for: Lifetime-Free Option
A lifetime-free card with solid cashback benefits, the AU Bank Xcite Ace is great for budget-conscious users.
- Cashback Benefits:
- 5% cashback on dining, groceries, and apparel (3 times in 90 days).
- 2% cashback on other retail spends (3 times in 90 days).
- 1 reward point per ₹100 spent.
- Fees:
- Joining Fee: Nil
- Annual Fee: Nil
- Additional Perks:
- Complimentary railway lounge access.
- Extended warranty on electronics purchases.
- Why Choose It?: A no-fee card with decent cashback across popular categories, ideal for new credit card users.
9. Tata Neu Infinity HDFC Credit Card
Best for: Tata Ecosystem Shoppers
This card is a great choice for those who shop within the Tata ecosystem and want cashback on EMI transactions.
- Cashback Benefits:
- 5% NeuCoins on Tata Neu app and partner brands.
- 1.5% value-back on non-Tata spends, including EMI transactions.
- Fees:
- Joining Fee: ₹1,499
- Annual Fee: ₹1,499 (waived on spending ₹3 lakh annually)
- Additional Perks:
- 8 complimentary domestic lounge visits per year.
- 1% fuel surcharge waiver (up to ₹500/month).
- Why Choose It?: Its inclusion of EMI transactions in rewards and high cashback on Tata brands make it unique.
10. Kotak Mahindra Myntra RuPay JCB Card
Best for: International Travelers
This card offers exceptional cashback for international spends, making it a niche but valuable option.
- Cashback Benefits:
- Up to 25% cashback on international PoS transactions in Japan, Singapore, Indonesia, and the Philippines (capped at ₹3,000/transaction, ₹15,000/3 months).
- 5% cashback on Myntra spends.
- 1% cashback on other spends.
- Fees:
- Joining Fee: ₹500
- Annual Fee: ₹500 (waived on spending ₹1 lakh annually)
- Additional Perks:
- Complimentary Myntra Insider membership.
- 1% fuel surcharge waiver (up to ₹250/month).
- Why Choose It?: Ideal for frequent travelers to select countries, with strong periodic offers and low fees.
How to Choose the Right Cashback Credit Card
Selecting the best cashback credit card depends on your spending habits and financial goals. Here are key factors to consider:
- Analyze Your Spending Patterns:
- Identify your top spending categories (e.g., online shopping, dining, fuel).
- Choose a card with higher cashback rates in those categories.
- Evaluate Fees:
- Look for cards with low or no annual fees, or fees that can be waived with moderate spending.
- Compare the annual fee against potential cashback earnings.
- Check Cashback Caps:
- Some cards cap cashback at ₹5,000/month, while others have no upper limit.
- Ensure the cap aligns with your monthly spending.
- Consider Additional Perks:
- Look for benefits like lounge access, fuel surcharge waivers, or welcome bonuses.
- Cards with lifestyle perks (e.g., dining discounts) add extra value.
- Read Terms and Conditions:
- Check for exclusions (e.g., no cashback on fuel or utilities).
- Understand redemption processes and expiry dates for cashback.
Pro Tip: Combine your cashback card with loyalty programs or other reward cards to diversify your savings. For example, use a cashback card for online shopping and a travel card for flight bookings.
Tips to Maximize Cashback Rewards
To get the most out of your cashback credit card, follow these strategies:
- Use the Card for All Eligible Spends: Charge recurring bills like utilities, OTT subscriptions, and groceries to your card to accumulate cashback.
- Leverage Bonus Categories: Focus spending on categories with higher cashback rates (e.g., 5% on online shopping).
- Pay Bills on Time: Avoid interest charges and late fees, which can negate your cashback earnings.
- Track Merchant Category Codes (MCCs): Ensure your transactions qualify for cashback by checking MCC eligibility.
- Combine with Offers: Stack bank-specific offers or platform discounts (e.g., Amazon or Swiggy promotions) with your card’s cashback.
- Redeem Wisely: Redeem cashback as statement credit to reduce your bill or as wallet balance for future purchases.
Conclusion – Best Cashback Credit Cards in IndiaÂ
Cashback credit cards are a powerful tool to save money on everyday purchases, offering direct and hassle-free rewards. In 2025, cards like the Axis Bank ACE, SBI Cashback, and Amazon Pay ICICI Bank Credit Card stand out for their high cashback rates and versatility. By aligning your card choice with your spending habits and following smart usage strategies, you can unlock significant savings.
Ready to start saving? Visit CashMints to compare these top cashback credit cards, check eligibility, and apply online today. Don’t miss out on maximizing your rewards in 2025, choose the right card and swipe smart!
FAQs – Best Cashback Credit Cards in IndiaÂ
1. What is a Best Cashback Credit Cards in India ?
A cashback credit card offers a percentage of your spending back as cash, credited to your account or as a statement credit, providing direct savings.
2. Which cashback credit card is best for online shopping?
The Axis Bank ACE Credit Card and SBI Cashback Credit Card offer 5% cashback on online spends, making them top choices for e-commerce shoppers.
3. Are there cashback credit cards with no annual fee?
Yes, the Amazon Pay ICICI Bank Credit Card and AU Bank Xcite Ace Credit Card are lifetime-free options with attractive cashback rates.
4. How can I maximize my cashback earnings?
Use your card for all eligible spends, focus on bonus categories, pay bills on time, and stack with merchant offers to maximize rewards.
5. Do cashback cards have a cap on earnings?
Many cards, like the SBI Cashback Credit Card, cap cashback at ₹5,000 per statement cycle. Check the terms to ensure it suits your spending.
6. Can I get cashback on fuel purchases?
Some cards, like the Axis Bank ACE and HDFC Millennia, offer fuel surcharge waivers, but cashback on fuel is often excluded or limited.
7. Is cashback credited instantly?
Cashback is typically credited in the next billing cycle or as per the card’s terms, often visible in your statement or wallet balance.
8. Are co-branded cards like Swiggy HDFC worth it?
Yes, if you frequently use the partner platform (e.g., Swiggy). They offer higher cashback rates on specific spends but may have limited versatility.
9. What should I check before applying for a cashback card?
Review annual fees, cashback rates, category coverage, caps, and additional perks like lounge access or welcome bonuses.
10. How do I apply for these credit cards?
Visit the bank’s website, CashMints, or platforms like Paisabazaar or BankBazaar to compare and apply online with minimal documentation.
