Best Cashback Credit Cards
Quick answer. As of October 2026, the top 3 on Saifu's best cashback credit cards list are HSBC Live+ (₹999 a year), HDFC Millennia (₹1,000 a year), Airtel Axis Bank (₹500 a year), ranked from 30 cashback cards on what they return for ₹30,000 a month spread like a typical everyday spender.
| # | Card | Value a year | Annual fee | Fee waiver | Lounges a year | Forex | Link |
|---|---|---|---|---|---|---|---|
| 1 | HSBC Live+HSBC India | ₹17,100 | ₹999 | Waived on ₹2,00,000 spend a year | 3 | 1.99% | Apply |
| 2 | HDFC MillenniaHDFC Bank | ₹7,560 | ₹1,000 | Waived on ₹1,00,000 spend a year | None | 3.5% | Apply |
| 3 | Airtel Axis BankAxis Bank | ₹7,440 | ₹500 | Waived on ₹2,00,000 spend a year | None | 3.5% | Apply |
| 4 | Axis Bank ACEAxis Bank | ₹6,780 | ₹499 | Waived on ₹2,00,000 spend a year | 4 | 3.5% | Apply |
| 5 | Axis Bank CashbackAxis Bank | ₹6,425 | ₹1,000 | Waived on ₹4,00,000 spend a year | None | 3.5% | Apply |
| 6 | Hello CashbackIDFC FIRST Bank | ₹5,880 | ₹1,000 | Waived on ₹2,00,000 spend a year | None | 0% | Apply |
| 7 | HDFC Bank PIXEL PlayHDFC Bank | ₹5,520 | ₹500 | Waived on ₹1,00,000 spend a year | None | 3.5% | Apply |
| 8 | Kotak Cashback+Kotak Mahindra Bank | ₹5,460 | ₹750 | Waived on ₹2,00,000 spend a year | None | 3.5% | Apply |
| 9 | Kotak Cashback+ PrimeKotak Mahindra Bank | ₹5,460 | ₹750 | Waived on ₹2,00,000 spend a year | None | 3.5% | Bank page |
| 10 | Standard Chartered SmartStandard Chartered Bank India | ₹4,980 | ₹499 | Waived on ₹1,20,000 spend a year | None | 3.5% | Bank page |
| 11 | Paisabazaar PaisaSaveYES Bank | ₹4,920 | ₹499 | Waived on ₹1,20,000 spend a year | None | 3.5% | Bank page |
| 12 | Flipkart SBI CardSBI Card | ₹4,860 | ₹500 | Waived on ₹3,50,000 spend a year | None | 3.5% | Apply |
| 13 | HSBC RuPay CashbackHSBC India | ₹4,800 | ₹499 | Waived on ₹2,00,000 spend a year | 10 | 3.5% | Apply |
| 14 | Axis FlipkartAxis Bank | ₹4,620 | ₹500 | Waived on ₹3,50,000 spend a year | None | 3.5% | Apply |
| 15 | Fibe Axis BankAxis Bank | ₹4,320 | Free | No fee to waive | 4 | 3.5% | Bank page |
Value a year: rewards on ₹30,000 a month spread like a typical everyday spender, minus the annual fee. Lounge visits are domestic plus international free visits a year as the bank lists them; many banks now ask for a minimum spend first. Forex markup is before GST.
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Questions
Which is the best cashback credit card in India?
For ₹30,000 a month spread like a typical everyday spender, HSBC Live+ returns the most on Saifu's numbers: about ₹17,100 a year after its annual fee. The best card for you depends on where you spend; the card finder ranks cards on your own spends.
How is this list ranked?
Saifu runs each card's reward rules, monthly caps and exclusions from its bank's terms on a sample month of spends, scales it to a year and subtracts the annual fee. No bank pays to be listed or to rank higher.
Your spends are different? Rank cards on your own spends or see the best card for each app.
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