Curated Picks|Updated October 2026

Best Cashback Credit Cards (October 2026)

Cashback cards are the simplest way to earn rewards. No complicated point systems, no redemption hassles — just direct cash back on your spending.

Quick answer

Our top pick for cashback credit cards is the ACE Credit Card from Axis (₹499 fee, airport lounge access). Ranked from 156 Indian credit cards Vyaya tracks, with fees and earn rates re-verified against issuer terms (October 2026).

How to Choose

Compare the effective cashback rate after caps and exclusions
Check monthly or annual cashback caps
Verify if cashback is automatic statement credit or requires manual redemption
A no-fee cashback card is often the smartest default choice

Top 15 Cards for Cashback

ACE Credit Card

Axis · ₹499 annual fee · 1.5% rewards

HSBC Live+

4.5

HSBC · ₹999 annual fee · 1.5% rewards

Kotak Myntra

4.5

Kotak · ₹500 annual fee · 1.25% rewards

AU Altura

4.5

AU · ₹199 annual fee · 1% rewards

HSBC RuPay Cashback

4.5

HSBC · ₹499 annual fee · 1% rewards

Standard Chartered Smart

4.5

SC · ₹499 annual fee · 1% rewards

Axis Airtel

4.5

Axis · ₹500 annual fee · 1% rewards

Flipkart Axis Bank Credit Card

4.5

Axis · ₹500 annual fee · 1% rewards

Swiggy HDFC Bank Credit Card

HDFC · ₹500 annual fee · 1% rewards

#10

SBI Cashback Card

4.5

SBI · ₹999 annual fee · 1% rewards

#11

IDFC First Hello Cashback

4.5

IDFC First · ₹1,000 annual fee · 1% rewards

#12

Millennia

4.5

HDFC · ₹1,000 annual fee · 1% rewards

#13

ICICI MakeMyTrip Signature

4.5

ICICI · No annual fee · 0.62% rewards

#14

HDFC MoneyBack+

HDFC · ₹500 annual fee · 0.33% rewards

#15

HDFC UPI RuPay

HDFC · ₹99 annual fee · 0.25% rewards

Frequently Asked Questions

Which card gives the highest cashback in India?

SBI Cashback Card offers 5% cashback on online spending. Amazon Pay ICICI gives 5% for Prime members. Actual value depends on your spending pattern and caps.