January 7, 2024

Top 5 Cashback and Rewards Credit Cards in India

Cashback and Rewards

Hello, savvy savers!

In today's bustling market of credit cards in India, finding the one that best suits your needs can be like searching for a needle in a haystack, especially if you're keen on cashback and rewards rather than travel perks like lounge access and flight benefits. To make your search easier, I've rounded up the Best Credit Card for Cashback Rewards in India. These picks are perfect for those looking to stretch their rupee a bit further.

1. ICICI Amazon Pay Credit Card

Best for: Online shopping enthusiasts, especially Amazon loyalists.


  • Earn 5% cashback on Amazon for Prime members, 3% for non-Prime.
  • 2% cashback on 100+ partner merchants of Amazon Pay.
  • 1% cashback on other expenses such as shopping, dining, travel and more
  • No joining or annual fees.

This card is a no-brainer for those who frequently shop online, particularly on Amazon. The cashback you earn is credited directly to your Amazon Pay balance, making it a seamless experience.

2. Axis Bank Ace Credit Card

Best for: Cashback across diverse categories.


  • Flat 5% cashback on bill payments, DTH, and mobile recharges through Google Pay.
  • 4% cashback on Swiggy, Zomato, and Ola.
  • 4 complimentary lounge visit per calendar year.
  • 2% cashback on all other spending without any caps.

The Axis Bank Ace Credit Card stands out for its straightforward cashback structure, making it a solid choice for everyday spending.

3. HDFC Millennia Credit Card

Best for: Millennials who shop online and offline.


  • Up to 5% cashback on Amazon, Flipkart, flight and hotel bookings on select platforms.
  • 1% cashback on all offline spending and wallet reloads.
  • Upto 20% discount on partner restaurants via Swiggy Dineout.
  • CashPoints valid for 2 years and can be redeemed as a statement credit.

This card caters to the lifestyle of millennials, offering cashback on both online and offline spends.

4. Citi Cash Back Credit Card

Best for: Utility bills and everyday spending.


  • 5% cashback on movie tickets, telephone bills, and utility bill payments.
  • 0.5% cashback on all other spends.
  • Cashback auto-credited as a statement credit in multiples of Rs. 500.

For those who want to earn cashback on their regular expenses like bills and movie tickets, this card is a practical choice.

5. SBI SimplyCLICK Credit Card

Best for: Digital-savvy consumers.


  • Amazon gift voucher as a welcome gift.
  • 10X rewards on online shopping with exclusive partners.
  • 5X rewards on all other online spends.
  • Receive an Amazon gift card valued at Rs.500 upon paying the annual fee of Rs. 499 plus taxes.

Ideal for the digital generation, this card offers significant rewards for online purchases across a variety of platforms.

While these cards offer great cashback and rewards, always remember to read the fine print and understand the terms and conditions. A credit card can be a powerful tool in managing your finances, but only if used responsibly. So, choose the one that aligns with your spending habits and enjoy the rewards and savings that come along!

Happy spending, but more importantly, happy saving! 💳💰




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