Online shopping has become more easier and more convenient with the introduction of credit cards. We don't need to keep cash in our wallets. All you need to do is swipe or use card details to pay instantly.
Credit cards also provide customers with reward points or cashback. It is difficult to select a card that will provide us with the maximum benefits. You will receive cashback on your purchases in a cashback program. You will also receive a fixed percentage of your creditcard reward points. Depending on the card you have, points will be given based on your spending.
Keep your personal documents, such as your PAN card, Aadhar card, photograph, and bank account details, with you before trying to apply for any credit card.
We have chosen the top credit cards with minimal fees that are suitable for both salaried and professional people and are simple to get approval for. Check out the following list of the best cashback and reward credit cards in India
1. SBI SimplyCLICK Credit Card
SimplyCLICK, one of SBI Card's numerous credit cards available, is one of the most popular cards in the market due to its easy eligibility criteria. The SBI SimplyCLICK credit card is a standard card with basic features and some added benefits for online shopping, as the title suggests.
If you love shopping online, the SBI Simply Click Credit Card is the perfect alternative. This card can be used to get discounts from Amazon, Flipkart, Makemytrip, Cleartrip, and many more merchants. This card has an annual charge of Rs. 499. It will be waived if you spend 1 lakh rupees per year starting with the date of approval.
Fees and Eligibility
- Joining Fee Rs 499 plus taxes
- Annual Fee Waiver on Spend Rs 1 Lakh in a membership year
Key Benefits
- Amazon gift voucher of Rs. 500 as a welcome gift
- 10X reward points when buying online with partner brands
- 5X rewards on online shopping
- Waiver of 1% fuel surcharge
- Reversal of annual fee on spending Rs. 1 lakh in an anniversary year
2. Amazon Pay ICICI Credit Card
If you are an Amazon fan, the Amazon Pay ICICI Credit Card is the best cashback credit card for you, since it offers up to 5% cashback on Amazon orders.
The best feature about this card is that it has no annual fee and a great cashback rate. This card is also highly recommended for everyday purchases because Amazon is a top e-commerce platform for all shopping needs.
Fees and Eligibility
- No joining fee
- No annual charge
Key Benefits
- 5% cashback for Amazon Prime members on Amazon purchases
- 3% cashback for non-prime members on Amazon purchases
- 1% cashback on all other purchases
With the Login with Amazon payment option, you can earn 2% cashback at over 100 partner stores. - There is no expiration date for the Reward Points earned on the card and transferred as Amazon Pay balance.
3. CASHBACK SBI Card
This is the current HOT selection for entry-level cards in 2022, since 5% Cashback is highly lucrative, with a reasonable monthly maximum of 10,000 INR, which amounts to 2L monthly spends.
While the 5% reward on all online purchases appears to be quite appealing. When we run the figures and account for additional expenses such as utility, petrol, and offline purchases, the reward rate is 2.5%, which is excellent but not outstanding. Nonetheless, with the right strategy, you can easily make 5% on practically all of your monthly spending.
Fees and Eligibility
- There is no joining fee.
- Annual charge of 999+GST (1180 each year) starting with the second year. Waived off on spends of over 200,000 in previous year
Key Benefits
- 5% cashback on all online purchases (Rent payment, wallet load, merchant EMI excluded). Maximum cashback of Rs. 10,000 per month, i.e. online spending of up to Rs. 200,000 per month is eligible for 5% cashback.
- 1% cashback on utility bill payments and all other offline purchases (fuel spends excluded)
- Cashback will be automatically applied to your account in the next month's statement. There is no redemption fee.
- Lounge access: 4 complimentary domestic lounge visits (1 per quarter).
4. Flipkart Axis Bank Credit Card
Another entry-level credit card with an excellent cashback rate on online shopping is the Flipkart Axis Bank Credit Card. The card provides rewards across several leading brands, including Flipkart, Myntra, and other preferred partners (Uber, PVR, Tata SKY, Swiggy, etc). Despite the fact that it is a co-branded card, the card acts more like a cashback credit card.
Fees and Eligibility
- Joining Fee Rs. 500
- Annual Fee Rs. 500
Key Benefits
- 5% cashback on Flipkart and Myntra purchases
- 4% cashback on selected partners
- 1% fuel surcharge waiver
- 4 complimentary domestic lounge visits per year
5. IDFC FIRST Select Credit Card
The IDFC FIRST Select Credit Card comes with reward points that never expire. You will get 10X reward points with your IDFC FIRST Select Credit Card on all transactions above Rs. 20,000 and on your birthday.
In addition, the card offers 6X and 3X reward points on online and in-store purchases, respectively. The acquired reward points can be redeemed at any time and used to pay for online or in-store purchases.
Fees and Eligibility
- Annual Fee is Nil
- Minimum Income Rs. 25,000 per month
Key Benefits
- Unlimited Never-expiring reward points
- There is no redemption fee.
- There are no yearly or over-limit fees.
- Buy one, get one free movie offer
- 4 free accesses to train lounges per quarter
- Access to 4 free domestic airport lounges
6. Bank of Baroda Easy Credit Card
For those who wish to own a credit card without having to pay high joining and renewal costs. The Bank of Baroda Easy Credit Card is one such card that has no joining or renewal fees.
This card is ideal for daily spending because it earns reward points. Spending Rs. 100 on movies, groceries, or department stores earns you 5 reward points. This Bank of Baroda credit card is ideal for individuals on a low budget since it gives expedited points and cashback on everyday purchases.
7. ICICI Bank Platinum Chip Credit Card
The ICICI Platinum Chip Credit Card is a lifetime free credit card that is ideal for people who are new to credit and wish to improve their credit score. The card provides a variety of benefits, including reward points, dining discounts, fuel fee waivers, and more.
With the ICICI Bank Platinum Chip Credit Card, you can earn PAYBACK Points on every transaction. Earn 1 reward point for Rs. 100 spent on utilities and insurance. 2 points for every Rs. 100 spent on retail purchases (except fuel)
8. IndusInd Bank Credit Card
IndusInd Bank provides a selection of credit cards to fulfill the needs of a wide audience. These cards offer cashback or other rewards in exchange for your purchases. These credit cards allow you to save money in a variety of categories, including shopping, travel, entertainment, and more.
Platinum Aura Edge, Platinum Credit Card, Legend Credit Card, and other IndusInd Bank credit cards are among the best.
9. AU Bank Credit Card
AU Small Finance Bank, one of the country's most prominent small finance banks, has introduced a variety of credit card offers to the public. It is most likely the country's only small finance bank that offers independent credit card services.
AU Bank provides a variety of credit cards based on your spending habits and lifestyle. You can select the finest AU Bank credit card for you from a variety of options. To cater to a diverse range of consumers, AU Small Finance Bank has launched 4 different credit card versions. Zenith, Vetta, Altura Plus, and Altura are some of the AU small Finance bank credit cards.
10. Citi Bank Credit Card
In terms of credit cards, despite having only four credit cards in its portfolio, Citibank is one of the most popular credit card issuers in India.
Citibank has 4 credit cards in its portfolio in India; if you want to apply for a Citibank credit card, go to the Citibank credit card website and apply for the card that best suits your financial needs and spending habits.
11. Standard Chartered Bank Credit Cards
Standard Chartered offers some of the best credit cards in India, with travel and dining privileges, as well as loyalty points and rewards for all online purchases, including those for movies and entertainment. The Ultimate credit card, for example, comes with airport lounge access and premium lifestyle benefits.
Standard Chartered Bank Credit Cards are available in 5 different variants. Manhattan Credit Card is one of their most popular cards, with an annual charge of Rs. 999 that can be waived with 1.2L in yearly spending.
12. YES Bank Credit Cards
YES Bank credit cards are available in a wide range of varieties to meet a different needs, including shopping, travel, rewards, cashback, lounge access, and more. Credit cards with low annual fees and basic benefits are available, as are premium cards with premium features.
YES Bank credit cards are available in a variety of categories, including rewards, cashback, and travel. YES Prosperity Rewards Credit Card, YES Bank Wellness Credit Card, YES Premia Credit Card, and YES First Business Credit Card are some of the top YES Bank Credit Cards.
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