Best Cashback Credit Cards

Cashback Credit Cards offer direct savings on your spending by giving back a percentage of your transactions as cashback. For example, a cashback credit card may provide 5% cashback on online shopping and 1% cashback on utility bill payments.

The cashback you earn depends on the category of your transactions. Some cards provide flat cashback across all spends, while others offer higher cashback on specific categories like fuel, dining, or groceries.

While all cashback credit cards earn you cashback, the redemption process varies. Some cards automatically credit cashback to your statement, while others require manual redemption.

For example, a card that offers 5% cashback on dining but caps cashback at ₹500 per month may not be as rewarding as a card offering 3% unlimited cashback on dining. Some cashback credit cards also provide higher cashback rates on specific merchant categories or limited-period offers on select brands.

If used wisely, cashback credit cards can help you save significantly. Here's how:

• Instant savings on every purchase – Get cashback on various spends.
• No complex reward system – Cashback is simple and easy to understand.
• Automatic statement credit – Many cards auto-adjust cashback against bills.
• Bonus cashback offers – Special deals for online shopping, dining, and travel.
• Low annual fees – Many cashback credit cards come with minimal or no yearly charges.

When selecting a cashback credit card, keep these points in mind:

• Cashback Rate & Caps – Check the percentage of cashback and whether there's a monthly or annual limit.
• Categories with High Cashback – Identify whether the cashback applies to the categories where you spend the most.
• Fees & Charges – Compare annual fees and cashback redemption conditions.
• Welcome Bonuses & Milestone Cashback – Look for sign-up and milestone cashback offers.
• Minimum Spending Requirements – Some cards require a minimum spend to unlock cashback benefits.