Why Choose a Cashback or Rewards Credit Card ? bgm347 BGM347

In today’s fast-moving digital world, credit cards have become more than just a tool for borrowing money. They now offer significant value through cashback, reward points, lounge access, and exciting discounts. With so many options available in the Indian market, selecting the best credit card in 2025 can be confusing, especially if you’re trying to maximize your benefits while maintaining a good credit score.

Whether you are a salaried employee, self-employed, or a frequent online shopper, there’s a perfect credit card for your lifestyle. In this article, we’ll break down the top cashback and rewards credit cards in India, along with features, benefits, and how you can apply online.

Why Choose a Cashback or Rewards Credit Card?

Before diving into the list, it’s important to understand why cashback and reward cards are among the most popular choices. Every time you spend using your credit card, you earn points or direct cashback. These accumulated points can be redeemed for vouchers, merchandise, travel bookings, or even used to pay your card bill.

Cashback cards give you real money back on your purchases. For instance, if you spend ₹10,000 and get 5% cashback, that’s ₹500 directly saved. Over a year, this adds up to significant savings, especially if you use the card for fuel, groceries, travel, or utility bills.

1. HDFC Millennia Credit Card

HDFC Millennia is designed for the modern generation who loves shopping online and using UPI for transactions. It’s one of the most rewarding cashback cards in 2025.

Benefits:

5% cashback on Amazon, Flipkart, Swiggy, Zomato.
1% cashback on other online spends.
Free lounge access at domestic airports (4 times a year).
Annual fee waived off on spends of ₹1 lakh per year.

It’s perfect for online shoppers who want high cashback without worrying about complicated reward structures.

2. SBI Cashback Card

SBI’s Cashback Card is gaining huge popularity in 2025, especially among those who love simplicity and clarity.

Features:

Flat 5% cashback on all online transactions (except utility and wallet loads).
1% cashback on offline spends.
Cashback directly credited to your account within the next billing cycle.

With zero capping on cashback in most categories, this card is excellent for heavy spenders and people who pay bills online.

3. Axis Bank ACE Credit Card

This card is a collaboration with Google Pay, making it ideal for UPI users who transact digitally.

Highlights:

5% cashback on bill payments and recharges via Google Pay.
4% cashback on Swiggy, Zomato, and Ola.
2% cashback on all other spends.
Low annual fee of ₹499 (waived off on ₹2 lakh annual spend).

It combines digital-first benefits with offline usability, making it one of the best balanced cards available today.

4. Amazon Pay ICICI Credit Card

Amazon lovers, this one’s for you. This co-branded card offers great benefits for frequent Amazon shoppers.

Key Advantages:

5% cashback for Amazon Prime members.
3% cashback for non-Prime users.
1% cashback on all other spends.
Lifetime free credit card.

There’s no annual fee and no expiry on reward points, making it a must-have for regular online buyers.

5. HSBC Cashback Credit Card

HSBC offers one of the most attractive international cards for those who travel or shop abroad frequently.

Top Features:

10% cashback on dining, groceries, and fuel.
1.5% cashback on all other domestic and international spends.
No joining fee for the first year.
Complimentary lounge access at airports.

It’s suitable for people who travel for work or leisure and want global usage with strong cashback returns.

How to Choose the Right Credit Card for You

When selecting a credit card, you should consider:

Your spending habits: If you shop online frequently, go for cards like SBI Cashback or Amazon Pay ICICI.
Annual fee vs rewards: Cards with fees often give better cashback and benefits. But if you spend less, a lifetime free card may suit you better.
Welcome offers: Some cards come with attractive joining bonuses in the form of free vouchers, cashback, or premium subscriptions.
Lounge access: If you travel often, free lounge access can add value.

Always ensure to pay your credit card bills on time to avoid high interest charges and maintain a healthy credit score.

How to Apply for a Credit Card Online in India

In 2025, applying for a credit card has become easier than ever. Most banks offer instant approval for eligible users.

Here’s how you can apply:

Visit the official website of the bank or a trusted aggregator like PaisaBazaar or BankBazaar.
Fill in your basic details – name, mobile number, PAN, income, and address.
Upload your Aadhaar, PAN, and income proof (usually your salary slip or bank statement).
Wait for verification and approval, which usually takes less than 48 hours.
Once approved, your card will be dispatched to your address. Some banks also offer instant virtual cards for immediate use.

Final Thoughts

The credit card market in India is booming with offers and features. The key is to find the card that aligns with your lifestyle and spending patterns. Whether you want maximum cashback, simple reward redemptions, or travel perks, there’s a card waiting for you