Cashback is King—These Credit Cards Give You Money Back on Every Swipe
Want to save while spending? Cashback credit cards are your best friend in 2025. Instead of just earning points, these cards give you real money back—credited directly or as statement credit.
But with over 100+ credit cards in India, which ones truly offer value?
We’ve picked the best cashback cards based on reward rate, fees, and where Indians shop most—Amazon, Flipkart, fuel stations, groceries, and UPI apps.
1. SBI Cashback Credit Card
- Best for: Online shopping, especially Amazon, Myntra, and Flipkart
- Key benefits:
- 5% cashback on online spends (capped at ₹10,000/month)
- 1% on all other spends
- No merchant restriction, works across websites
- Annual fee: ₹999 (reversed if you spend ₹2L/year)
2. Axis Bank Ace Credit Card
- Best for: Bill payments, Google Pay users
- Key benefits:
- 5% cashback on utility bills via Google Pay
- 4% on Swiggy, Zomato, Ola
- 2% on other spends
- Annual fee: ₹499 (waived on ₹2L/year spend)
3. Amazon Pay ICICI Credit Card
- Best for: Prime members and Amazon shoppers
- Key benefits:
- 5% cashback for Prime, 3% for others
- 2% on partner merchants (Swiggy, BookMyShow)
- 1% on all other purchases
- Annual fee: ₹0 (lifetime free)
4. HDFC Millennia Credit Card
- Best for: Young urban spenders
- Key benefits:
- 5% cashback on Amazon, Flipkart, Myntra
- 1% on other offline/online spends
- ₹1,000 Amazon voucher on signup (limited offer)
- Annual fee: ₹1,000 (waived at ₹1L spend)
5. Flipkart Axis Bank Credit Card
- Best for: Flipkart loyalists
- Key benefits:
- 5% cashback on Flipkart and Myntra
- 4% on Cleartrip, Swiggy, Uber
- 1.5% on all other spends
- Annual fee: ₹500 (waived at ₹2L spend)
Comparison Table
| Card | Top Cashback | Annual Fee | Lifetime Free? |
|---|---|---|---|
| SBI Cashback | 5% on online spends | ₹999 | No |
| Axis Bank Ace | 5% on Google Pay bills | ₹499 | No |
| Amazon Pay ICICI | 5% on Amazon (Prime) | ₹0 | Yes |
| HDFC Millennia | 5% on Amazon/Flipkart | ₹1,000 | No |
| Flipkart Axis Bank | 5% on Flipkart/Myntra | ₹500 | No |
Did You Know?
Cashback earned is not taxable if it’s a reward or discount—not income. So enjoy the savings!
Also read: Swiped That Big Purchase? Here’s Why EMI May Be a Trap in Disguise
Final Verdict
If you spend mostly online, SBI Cashback and HDFC Millennia are top-tier. For Prime users, Amazon Pay ICICI is unbeatable. Flipkart fans? Go for Flipkart Axis. And if bill payments are frequent, Axis Ace via Google Pay gives the best returns.
Compare your monthly expenses, choose the right cashback card, and let your wallet work for you!
Disclaimer
The information provided in this article is for general informational purposes only and does not constitute legal, tax, financial, or other professional advice. While every effort is made to ensure the accuracy and reliability of the information, laws and regulations may change, and individual circumstances vary.
Readers are encouraged to consult with qualified professionals or official government resources for personalized guidance regarding their specific situations. The author and publisher disclaim any liability for decisions made or actions taken based on the information provided herein.
