Shopping has become a much more convenient affair thanks to the inception of credit cards. All that is required is a swipe of the card, and you don’t have to worry about carrying enough money or running short either. What’s more? You can also shop online without even having to carry your credit card anywhere. Just browse through as many websites as you please, and enter the card number along with other necessary details and you can enjoy a convenient and rewarding experience.
When purchases are made on your credit card, you can earn cash back or reward points that can be redeemed at a later date. With cash back credit cards, a particular percentage of the amount spent on the card will be returned to you as cash back. However, the rewards on offer may vary with each card, but we have gathered a list of the best credit cards that offer relatively high cash back offers.
Below are the list of top 10 Cashback Credit Card in India
The Cashback Credit Card from Citibank is ideal for customers who pay their bills online and watch movies on a regular basis. However, individuals who wish to avail this card require excellent credit history as around 80% of the applications are rejected due to low credit scores.Features and Benefits of Citibank Cashback Credit Card
The Membership Rewards Credit Card from American Express offers some truly amazing rewards to customers who use it to pay for a variety of expenses. The card has no predefined credit limit unlike most other cards, making it a flexible option for the big spenders. The card delivers one Membership Rewards Point for every Rs.50 spent except for utilities, fuel, cash transactions and insurance. Although the annual fee is slightly higher in comparison with other credit cards, the benefits offered by the American Express Membership Rewards Credit Card will certainly make it worth your money.Features and Benefits of American Express Membership Rewards Credit Card
The Premier Miles Card from Citibank, as the name might suggest, is a fantastic solution for customers who travel on a frequent basis. Additional miles can be earned by booking your ticket online, and the card also has attractive offers for online shoppers. The Premier Miles Card from Citibank offers access to premium airport lounges not only across the country, but also across the globe. The card is ideal for individuals who generally spend more than Rs.2 lakhs per year on travel. However, customers who wish to avail this card are required to have excellent credit scores as a high number of applications are rejected by the company owing to low credit scores.Features and Benefits of Citibank Premier Miles Card
The Money Back Card from HDFC Bank offers amazing cash back rewards to customers who use the card for daily expenses. There is no annual fee associated with the card and the interest rates are relatively lower in comparison with other credit cards, making it a far more enticing option for regular shoppers.Features and Benefits of Citibank Premier Miles Card
The Instant Platinum Card offered by ICICI is one of the best options available to first time users. It does not matter if you have no credit score or credit history, the ICICI Instant Platinum Card allows you to build your credit history once you avail the card and start using it on a regular basis. The card can be availed against fixed deposit provided you have a savings account with the bank. The ICICI Instant Platinum Card is a great option for non-salaried individuals such as housewives and students.
The Platinum Rewards Card from Standard Chartered is ideal for salaried individuals who want a multi-purpose credit card for all their payment needs. The reward points and benefits offered by this card are second to none. It is also one of the best cards you can find out there if you are a frequent online shopper.
The Simply Click Credit Card by SBI is ideal for frequent shoppers who do not want to pay annual fees. Although a small annual fee is applicable on this card, it will be waived off in case you spend Rs.1 lakh per year on the card. The card also offers attractive deals from popular online stores such as Cleartrip, MakeMyTrip, Flipkart and Amazon among others.
HDFC Bank has a number of credit cards that offer some truly attractive offers and rewards, and one such option is the HDFC Solitaire Credit Card which is designed exclusively for frequent shoppers. The card offers fantastic deals for fuel expenses, dining, departmental stores, etc. The card charges a nominal joining fee and considering the benefits on offer, it makes for a great solution for people who make payments using their credit cards on a frequent basis.
The Signature Credit Card from State Bank of India is designed exclusively for those who shop on a frequent basis and love to earn points for the same. Not only is SBI one of the best banks in India, but the card also offers several offers that will make it worth it. One of the biggest of benefits of availing an SBI Signature Credit Card is that customers can withdraw money from more than 10,000 SBI ATMs and 18,000 Visa ATMs across the country.
The Payback Credit Card from American Express comes with several different reward points. It is also tied up with a number of departmental stores that offer easy-to-avail discounts. Not only does the card offer attractive dining, travel, online shopping and fuel offers, but also welcome vouchers and bonuses that can be redeemed at a later date.