Home / Credit Cards / Best Cashback Credit Cards in India 2026
28 cards ranked  •  No affiliate bias  •  May 2026

Best Cashback Credit Cards in India 2026

Highest cashback rates with no points complexity. Direct money back on every spend.

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CreditIQ Insight
Cashback cards are ideal if you hate tracking reward points. SBI Cashback gives 5% on all online spends — the simplest and most valuable cashback card in India for everyday users.
#1
Top pick
HDFC

HDFC MoneyBack+

cashbackentry-level
Rs.500
annual fee
2%
Base reward
3.5%
Forex markup
None
Lounge access
#2
Runner up
Axis

Flipkart Axis Bank Credit Card

cashbackshoppingentry-level
Rs.500
annual fee
1.5%
Base reward
3.5%
Forex markup
1 networks
Lounge access
#3
#3 pick
AU

AU Altura Plus

cashbackentry-level
Rs.499
annual fee
1.5%
Base reward
3.5%
Forex markup
1 networks
Lounge access
#4
#4 pick
HDFC

HDFC Millennia

cashbackshoppingentry-level
Rs.1,000
annual fee
1%
Base reward
3.5%
Forex markup
1 networks
Lounge access
#5
#5 pick
SBI

SBI Cashback Credit Card

cashbackshopping
Rs.999
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#6
#6 pick
ICICI

Amazon Pay ICICI

cashbackshoppingzero-fee
FREE
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#7
#7 pick
HDFC

Swiggy HDFC Bank Credit Card

cashbackdiningentry-level
Rs.500
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#8
#8 pick
Axis

Axis Bank ACE Credit Card

cashbackentry-level
Rs.499
annual fee
1%
Base reward
3.5%
Forex markup
1 networks
Lounge access
#9
#9 pick
SBI

SBI Card BPCL Octane

fuelcashback
Rs.1,499
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#10
#10 pick
AU

AU Bank LIT Credit Card

cashbackentry-level
Rs.499
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#11
#11 pick
SC

Standard Chartered Smart Credit Card

cashbackentry-levelzero-fee
FREE
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#12
#12 pick
SC

Standard Chartered DigiSmart

cashbackshopping
Rs.49
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#13
#13 pick
HDFC

Tata Neu Plus HDFC Bank

shoppingcashbackentry-level
Rs.499
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#14
#14 pick
HDFC

HDFC IndianOil Credit Card

fuelcashbackentry-level
Rs.500
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#15
#15 pick
ICICI

MakeMyTrip ICICI Bank Platinum

travelcashbackzero-fee
FREE
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#16
#16 pick
ICICI

ICICI Bank HPCL Super Saver

fuelcashbackentry-level
Rs.500
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#17
#17 pick
Axis

Airtel Axis Bank Credit Card

cashbackentry-level
Rs.500
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#18
#18 pick
Axis

Indian Oil Axis Bank Credit Card

fuelcashbackentry-level
Rs.500
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#19
#19 pick
AmEx

American Express SmartEarn

cashbackentry-level
Rs.495
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#20
#20 pick
IDFC

IDFC FIRST Bank Millennia

cashbackentry-levelzero-fee
FREE
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#21
#21 pick
Yes

YES Prosperity Cashback Plus

cashbackentry-level
Rs.1,499
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#22
#22 pick
SC

Standard Chartered Manhattan Platinum

cashbackshoppingentry-level
Rs.999
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#23
#23 pick
SC

Standard Chartered Super Value Titanium

fuelcashbackentry-level
Rs.750
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#24
#24 pick
AU

AU Bank Altura Credit Card

cashbackentry-levelzero-fee
FREE
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#25
#25 pick
HSBC

HSBC Cashback Credit Card

cashbackshopping
Rs.750
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#26
#26 pick
HSBC

HSBC Live+ Credit Card

cashbackdining
Rs.999
annual fee
1%
Base reward
3.5%
Forex markup
None
Lounge access
#27
#27 pick
HDFC

HDFC Freedom Credit Card

cashbackentry-levelzero-fee
FREE
annual fee
0.5%
Base reward
3.5%
Forex markup
None
Lounge access
#28
#28 pick
SBI

SBI Card SimplyCLICK

cashbackshoppingentry-level
Rs.499
annual fee
0.25%
Base reward
3.5%
Forex markup
None
Lounge access

Frequently Asked Questions

Which cashback credit card gives the highest cashback in India?

SBI Cashback card gives 5% cashback on all online spends (up to Rs.40,000/month), making it the highest cashback credit card in India for online shopping. Axis Ace gives unlimited 2% cashback on all spends via Google Pay.

Is cashback or reward points better on credit cards?

Cashback is better for most users because it is simple, instant, and guaranteed. Reward points require tracking, have expiry dates, and often give lower value unless redeemed for flights or hotels. If you travel frequently, reward points can give 3-5x better value.

What is the best free cashback credit card in India?

Amazon Pay ICICI is the best lifetime free cashback card — 5% cashback on Amazon for Prime members, 3% for non-Prime, and 1-2% everywhere else with no annual fee.

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