Credit cards are more than just a way to pay; they can help you save money and earn rewards. In India, several credit cards offer cashback, reward points, and special benefits that make everyday spending more rewarding.
Choosing the right card can be tricky because banks offer different features, fees, and reward systems. This guide will help you understand the top credit cards in India for cashback and rewards in 2025, making it easier to pick the right one for your lifestyle.
Best Credit Cards for Cashback and Rewards in India
Credit cards that offer cashback and rewards are a great way to save money on everyday spending. In India, many banks provide cards that give cashback on groceries, fuel, online shopping, and dining.
Some cards also offer reward points that can be redeemed for flights, gift vouchers, or merchandise. When choosing a card, check the annual fee, interest rate, and the categories where cashback or rewards are highest.
It is also important to understand the terms, like minimum spend required or expiry of reward points. Picking the right card helps you earn benefits on regular purchases while managing your finances responsibly.
1. HDFC MoneyBack Credit Card
HDFC’s MoneyBack card is popular for simple cashback on all spending.
Key Features
- 2% cashback on online transactions
- 1% cashback on offline purchases
- No joining fee for basic variants
Why It Works
If you shop online regularly for groceries, clothes, or electronics, this card helps you earn cashback effortlessly.
2. SBI Card PRIME
SBI Card PRIME is ideal for those looking for premium rewards and lifestyle benefits.
Key Features
- Reward points for every rupee spent
- Welcome gift vouchers and lounge access
- Fuel surcharge waiver
Practical Example
A user spending ₹50,000 per month can accumulate points that can be redeemed for shopping, travel, or gifts.
3. ICICI Amazon Pay Credit Card
This card is perfect for frequent Amazon shoppers.
Key Features
- Up to 5% cashback on Amazon purchases
- 2% cashback on fuel
- Contactless payments and EMI options
Where It Helps
If you shop often on Amazon, this card maximizes savings with every purchase.
4. Axis Bank Ace Credit Card
Axis Bank Ace focuses on both cashback and utility spending.
Key Features
- 5% cashback on bill payments via Google Pay
- 2% cashback on online shopping
- Easy digital management through app
Practical Use Case
Paying monthly utility bills, mobile recharge, and online subscriptions can earn significant cashback over time.
5. HDFC Regalia Credit Card
A premium card that combines rewards and exclusive privileges.
Key Features
- Reward points on all spending
- Airport lounge access
- Dining, travel, and shopping benefits
Why People Choose It
Frequent travelers and premium shoppers can enjoy both rewards and lifestyle perks, making it more than just a payment tool.
How to Choose the Right Credit Card
Choosing the right credit card starts with understanding your spending habits and what benefits you want. Look at cards that match your needs, such as cashback on groceries, rewards points for shopping, or travel perks. Check the interest rate, annual fees, and any hidden charges before applying.
It is also important to read the terms for reward points, cashback limits, and repayment options. Compare multiple cards from trusted banks to find one that gives the most value for your lifestyle. The right card should help you save money, earn rewards, and manage your expenses without causing financial stress.
1. Cashback vs Reward Points
- Cashback: Direct money back on purchases.
- Reward Points: Can be redeemed for products, vouchers, or flight tickets.
Choose based on your spending habits.
2. Annual Fees and Joining Fees
Some premium cards offer great benefits but have high fees. Compare the cost versus benefits before applying.
3. Interest Rates and Credit Limit
Low-interest rates matter if you sometimes carry balances. High credit limits are better for bigger purchases.
4. Special Offers and Partnerships
Check for tie-ups with e-commerce platforms, restaurants, or travel portals to get maximum benefits.
Real-Life Example
Suppose Priya spends ₹30,000 monthly on groceries, fuel, and online shopping. Using the Axis Bank Ace Credit Card for bills and Amazon purchases can save her nearly ₹1,500 per month in cashback and points, which she can redeem for shopping or gift cards.
Quick Comparison Table
| Credit Card | Cashback/Reward | Annual Fee | Best For |
|---|---|---|---|
| HDFC MoneyBack | 1–2% cashback | ₹0–₹500 | Online shopping |
| SBI Card PRIME | Reward points | ₹2,999 | Premium lifestyle benefits |
| ICICI Amazon Pay | Up to 5% cashback | ₹499 | Amazon shoppers |
| Axis Bank Ace | 2–5% cashback | ₹499 | Bill payments & online spending |
| HDFC Regalia | Reward points + perks | ₹2,500 | Frequent travelers & premium users |
FAQs
1. What is the difference between cashback and rewards?
Cashback gives you money directly back, while reward points need to be redeemed for products or vouchers.
2. Can I get a credit card without a salary?
Yes, some banks and NBFCs accept alternative income proofs or fixed deposits.
3. How can I maximize credit card rewards?
Use cards according to categories, pay bills on time, and check for special offers.
4. Is a high annual fee card worth it?
Only if the benefits, rewards, and perks you use exceed the fee.
5. What happens if I don’t pay my credit card bill on time?
You may incur interest charges and late fees, which can harm your credit score.
Conclusion
Choosing the right credit card can save money, earn rewards, and offer exclusive benefits. Look at cashback rates, reward programs, annual fees, and your spending habits before deciding. The best card is one that aligns with your lifestyle and helps you get the most value from everyday spending.