Synopsis: Cashback credit cards let you benefit on everyday spending, from online shopping and dining to utility bills. This article highlights 5 credit cards that offer 1%–7.5% cashback on everyday purchases and compares the cards to find the best options to earn more cashback.
This article covers the top 5 credit cards that deliver consistent, flat cashback on everyday spending with no merchant lock-ins, no complex reward catalogues and no milestone spends. Let’s look into the cashback cards:
Axis Bank ACE Credit Card
- Joining Fee: ₹499 + GST
- Annual Fee: ₹499 + GST (2nd year onwards)
- Axis Bank Ace Credit Card offers 1.5% cashback on all eligible cashback categories. For eg., If for a transaction of ₹1150, the customer is eligible for a cashback of 1.5% i.e., 1150 * 1.5% = ₹17.25. ₹17 will be credited to the customer for that individual transaction
- The card also earns 5% on utility bill payments made via Gpay and 4% on swiggy, zomato, ola both capped at ₹500 per month combined. The cashback for the billing cycle in example would be calculated as follows:
- 5% of ₹5,000 = ₹250, 4% of ₹10,000 = ₹400. Since the combined cashback earned on 5% and 4% category eligible transactions is capped at ₹500, the cashback credited for these categories will be ₹500 and not ₹650
- Additional add-ons are four complimentary domestic airport lounge visits per year and the exclusions include EMIs, wallet loads, rent, gold and jewelry and fuel does not earn cashback.
To apply for the card, please visit the Official Website
HSBC Visa Cashback Credit Card
- Joining Fee: ₹999
- Annual Fee: ₹999 (Waived if you spend more than ₹2,00,000 per year)
- Get 10% cashback on all dining, food delivery, and grocery spending, capped at ₹1,000 per card billing cycle
- Get 1.5% unlimited cashback on all your other spending
SBI Cashback Card
- Joining Fee: ₹999 + GST
- Annual Fee: ₹999 + GST (waived if your annual spends is ₹2 lakh and above in the previous year)
- 5% Cashback on online spends (No Merchant Restrictions for online shopping)
- 1% cashback on everyday purchases on offline spends
- Annual Fee of ₹999 waived off on reaching annual spends of ₹2 Lakh
To apply for the card, please visit the Official Website
Also read: Flat 5% on SBI Cashback vs Up to 7% on Axis Cashback – Which Credit Card Actually Saves You More?
Amazon Pay ICICI Bank Card
- Zero Joining and Annual fee
- For Amazon Prime Members
- 5% rewards on purchases made on Amazon
- 5% rewards on flight and hotel bookings on Amazon
- 2% rewards on Amazon Pay partner category payments
- 1% rewards on all other merchant spends outside Amazon
- For Non-Prime Members
- 3% rewards on purchases made on Amazon
- 3% rewards on flight and hotel bookings on Amazon
- 2% rewards on Amazon Pay partner category payments
- 1% rewards on all other merchant spends outside Amazon
Flipkart Axis Bank Credit Card
- Joining Fee: ₹500 + GST
- Annual Fee: ₹500 + GST (Second year onwards (Waived off on annual spends of ₹3,50,000 and above)
- 7.5% cashback on Myntra purchases capped at ₹4,000 per month
- 5% cashback on Flipkart and Cleartrip purchases capped at ₹4,000 per month
- 4% cashback on Preferred Merchants without capping
- 1% cashback on all other eligible categories with no capping
To apply for the card, please visit the Official Website
| Card | Base Rate | Annual Fee | Fee Waiver | Best For | Lounge |
| Axis ACE | 1.5% | ₹499 | ₹2L spend | Utilities, all spends | 4/year |
| SBI Cashback | 5% online / 1% offline | ₹999 | ₹2L spend | Online shoppers | None |
| HSBC Visa Cashback | 1.5% online /1% offline | Zero LTF | — | Dining + all spends | 4/year |
| Amazon Pay ICICI | 1% | Zero LTF | — | Amazon + Prime users | None |
| Flipkart Axis Bank | 1% | ₹500 | — | Flipkart shoppers | 4/year |
In the end, know your usage and then analyze fees, perks, and redemption options to select your preferred cashback credit card. The right card can increase savings, make your purchases smarter, and help organize your financial management.
Written by Vijai Krishna
