Best Cashback Credit Cards in India 2026

Honest comparison, updated 2026

If you're spending money online anyway — food delivery, groceries, shopping — a cashback credit card just means you get some of it back automatically. No points to redeem, no complicated math. Here's an honest look at four solid options, so you can pick the one that matches how you actually spend, not just the one with the flashiest ad.

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Quick Comparison

1. SBI Cashback Credit Card — best for simplicity

No categories to remember, no fine print to decode. You get a flat 5% cashback on every online purchase, on any website or app, with no merchant restrictions. Offline spends earn 1%.

• Annual fee: ₹999 + GST, waived if you spend ₹2 lakh in the previous year
• Good if: you shop across many different sites and don't want to track which app gives what rate
• Watch out for: the 5% online cashback is capped per statement cycle — check the current cap before assuming unlimited earnings

Apply for SBI Cashback Credit Card →

2. Kotak Cashback+ Credit Card — best for food, grocery & fuel

This one rewards a specific lifestyle: frequent food delivery, online groceries, OTT subscriptions, and fuel. You get 5% cashback on food delivery, groceries, and entertainment (including OTT and movies), plus 3% on fuel — a rare perk, since most cashback cards skip fuel entirely. Everything else earns 0.5%.

• Annual fee: ₹750 + GST, waived if you spend ₹2 lakh in the previous year
• Good if: your biggest monthly spends are Swiggy/Zomato, Blinkit/BigBasket, Netflix/Prime, and petrol
• Watch out for: the accelerated 5%/3% cashback (food, grocery, entertainment, fuel combined) is capped at 750 Reward Points per billing cycle (₹750, since 1 point = ₹1) — high spenders in these categories will hit the ceiling before month-end and earn 0% on further accelerated spends that cycle

Apply for Kotak Cashback+ Credit Card →

3. HDFC Swiggy Ornge — best low-cost entry card for Swiggy users

The lighter of HDFC's two Swiggy co-branded cards. You get 5% cashback on Swiggy (food, Instamart, Dineout) and the same 5% across a long list of online brands — Amazon, Flipkart, Myntra, Nykaa, BookMyShow, Uber, Ola, and more. A free 12-month Swiggy One membership on activation effectively offsets the joining fee in year one.

• Annual fee: ₹500 + GST, waived on ₹1.5 lakh annual spend
• Good if: you order on Swiggy regularly but aren't a heavy spender, and want a low-fee card that still covers general online shopping
• Watch out for: minimum ₹249 transaction needed to earn Swiggy cashback; no cashback on fuel, rent, wallets, or EMI conversions

Apply for HDFC Swiggy Ornge →

4. HDFC Swiggy BLCK — best for heavy Swiggy + premium spenders

The upgraded version, built for people who genuinely spend a lot on Swiggy. You get 10% cashback on Swiggy (food, Instamart, Dineout) — double the Ornge rate — plus 5% on the same list of online brands. It also throws in premium extras like complimentary golf lessons and a 3-month Swiggy BLCK membership.

• Annual fee: ₹1,000 + GST, waived on ₹2 lakh annual spend
• Good if: you regularly spend ₹10,000+/month on Swiggy and want the highest cashback rate available on the platform
• Watch out for: higher fee and spend threshold than Ornge — if your Swiggy spending is moderate, Ornge will net you similar practical value at a lower cost

Apply for HDFC Swiggy BLCK →

So, Which One Should You Get?

• Want the simplest option with no category tracking? → SBI Cashback
• Spend heavily on food delivery, groceries, and fuel? → Kotak Cashback+
• Order on Swiggy often, but not a huge spender? → HDFC Swiggy Ornge
• Order on Swiggy A LOT and want the top rate? → HDFC Swiggy BLCK

You don't have to pick just one — many people carry an SBI Cashback or Kotak Cashback+ alongside a Swiggy card, using each for what it's best at.

FAQs

Do these cards charge cashback as points or direct credit? SBI and Swiggy cards (Ornge/BLCK) credit cashback directly to your statement. Kotak credits it as reward points (1 point = ₹1), redeemable through a one-click process on the Kotak Rewards platform. Note: Kotak reward points expire 1 year from the date they're accrued, so redeem periodically rather than letting them pile up.

Is there a minimum transaction to earn cashback? Yes, most of these cards require a minimum spend per transaction (commonly ₹100–₹249) to qualify for the accelerated cashback rate. Check the card's terms for the exact figure before assuming every purchase counts.

Are annual fees really waivable? Yes — all four cards waive the annual fee if you cross a minimum annual spend threshold (₹1.5–2 lakh depending on the card). If you're a moderate spender, factor the fee into your decision; if you're a heavy spender, it's usually a non-issue.

Can I get cashback on fuel, rent, or EMI conversions? Generally no. All four cards exclude fuel (except Kotak, which specifically includes it), rent, wallet top-ups, EMI conversions, and government payments from cashback eligibility.

Rates, fees, and terms are set by the respective banks and can change — always check the bank's current terms before applying. This guide reflects publicly available information as of 2026 and is not financial advice.