Credit cards are more than just a convenient way to make purchases; they can also offer cash back on your spending. Cashback credit cards return a percentage of your spending as cash, which can be redeemed or used to offset your bill. In India, several credit cards stand out for their cashback offers, making them valuable tools for managing and saving money. Let’s look at some of the best cashback credit cards available in India.
India’s Top Cashback Credit Cards
HDFC Bank Millennia Credit Card
The HDFC Bank Millennia Credit Card is a solid choice for cashback rewards. Cardholders earn 5% cashback on online spending and 1% cashback on other categories. Cashback is credited to your account directly, making it easy to use. The card also offers rewards on various categories like dining and travel, along with other benefits like discounts on shopping and dining. Its high cashback rate on online transactions makes it particularly valuable for frequent online shoppers.
SBI Card SimplyCLICK
The SBI Card SimplyCLICK is another excellent cashback card, especially for those who shop online frequently. It offers 5% cashback on online spending at partner merchants and 0.25% cashback on all other spends. The card also provides various discounts and offers on dining and entertainment. With its focus on online shopping, this card is ideal for those who make a lot of their purchases through e-commerce sites.
ICICI Bank Amazon Pay Credit Card
The ICICI Bank Amazon Pay Credit Card is designed for Amazon shoppers. It offers 5% cashback on Amazon purchases and 1% cashback on other transactions. The card provides a straightforward cashback structure, and the cashback earned can be redeemed as an Amazon Pay balance, which can be used for purchases on Amazon or other affiliated platforms. If you’re a frequent Amazon shopper, this card can offer significant savings.
Axis Bank Neo Credit Card
The Axis Bank Neo Credit Card offers 2% cashback on all online transactions and 1% cashback on other purchases. It provides additional benefits like discounts on dining and fuel transactions. The card has a relatively low annual fee, which can be waived off if you meet the spending criteria. Its high cashback rate on online purchases makes it a great option for regular internet shoppers.
RBL Bank Platinum Delight Credit Card
The RBL Bank Platinum Delight Credit Card is known for its cashback and rewards structure. It offers 1% cashback on all spending, with additional benefits for dining and shopping. The card also features complimentary airport lounge access and various lifestyle offers. Its consistent cashback on all transactions makes it a reliable choice for those who want straightforward rewards for their spending.
Standard Chartered Manhattan Credit Card
The Standard Chartered Manhattan Credit Card provides 5% cashback on grocery spending and 1% cashback on all other transactions. This card is particularly beneficial for those who frequently shop for groceries. It also offers additional discounts on dining and travel, enhancing its overall value. With its high cashback rate on groceries, it’s ideal for families or individuals who spend significantly in this category.
Also Read:- How to Avoid Hidden Fees and Charges on Your Credit Card
Bottom Line
Selecting the right cashback credit card depends on your spending habits and the benefits you value most. The HDFC Bank Millennia Credit Card and SBI Card SimplyCLICK offer high cashback rates on online purchases, making them excellent choices for frequent online shoppers. The ICICI Bank Amazon Pay Credit Card is great for those who shop often on Amazon, while the Axis Bank Neo Credit Card provides strong cashback on all online spending. The RBL Bank Platinum Delight Credit Card and Standard Chartered Manhattan Credit Card offer good cashback rates on groceries and other purchases. Lastly, the Citibank PremierMiles Credit Card combines cashback with travel rewards, catering to both travel enthusiasts and cashback seekers.
By comparing these cards’ cashback rates, annual fees, and additional perks, you can choose one that fits your spending patterns and maximizes your savings.
