Best cash back credit cards in India for 2017: Save even more with cashback on credit card expenditures!


Making a choice amongst the best cash back credit cards is often quite a tough thing to do. Based on your spending habits, you can choose your ideal credit card to receive cashback on credit card spends. Every credit card company has multiple credit cards and each one of them caters to different cashback categories. Also, maximum cashback per month and maximum cashback per category vary from one card to another card.

Shopping new things or the ones that we are eyeing for long is quite a fun job to do. The sad part, however, is the payment that we do. It is apparent that we cannot skip that process to procure things. Instead what many of us do is look out for attractive cashback options on shoppings. And, with a good amount of cashback, shopping becomes even more fun, right?

Cash back deals on purchases make shopping even more enjoyable!

Take my instance, I was in search for a good deal on external hard disks last week as one of my hard disks crashed a few days back. After going through several e-commerce portals, I found that Flipkart is offering some amazing deals. I decided to buy an external hard disk of a reputed brand as it was available for a much-discounted price. What attracted me, even more, is another offer which said that on purchases worth above Rs. 6,499 with an HDFC credit card are entitled to receive 10% cashback. This meant that I would have to shell out even a lesser amount if I avail that offer. Since I didn’t have my credit card with me at that time, I thought of using my friend’s HDFC credit card.




I went ahead with the purchase and got an attractive cashback on credit card. Although credit card cash back is nothing new, competitive markets, however, is pushing the credit card companies to offer significant cash back deals on their credit cards. At the end, users of credit cards get benefitted.

This is how credit card companies give cashback on credit card spends

When merchants receive payments from credit cards, a part of the transaction amounts is paid as a fee to the credit card companies. When a user gets cashback on credit card, this means the credit card company is sharing a percentage of their merchant fees with their consumers. The more a credit card user uses their credit cards, the more will be the profit of credit card companies. This happens because they would be able to earn more in the form of merchant fees. This is why credit card companies always encourage their consumers to make use of their credit cards at the time of shopping, payment of fees, etc.

In this post, we are listing down the best cash back credit cards in India.

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Standard Chartered Super Value Titanium Credit Card

This is perhaps amongst the best cash back credit cards available presently in India. The reason is quite simple – you would be able to save more in the form of cash backs when you use this credit card to spend across different categories. The Standard Chartered Super Value Titanium Credit Card offers decent cash backs on fuel, telephone bills and utility bills payments.




Benefits and features:

  • You can earn 5% cash back on fuel purchases at any petrol pump in India. You will receive 1% surcharge reversal along with 4% cash back on your transaction amount.
  • Also, you can earn 5% cash back everytime you do a telephone and mobile phone bill payment of any telecom operator in the country.
  • Furthermore, you would be able to save more on electricity, gas and water bill payments as you can earn 5% cash back on any utility bill payments.

Standard Chartered Manhattan Platinum Credit Card

This is the ideal credit card if you wish to save more on your grocery shoppings. It gives 5% cashback on credit card expenditures at selected supermarkets and departmental stores.

Benefits and features:

  • You can earn 5% cashback when you use this card to pay for your purchases at More, Reliance Fresh, Big Bazaar and Food Bazaar.
  • Additionally, you will be able to earn 5X rewards when you use this credit card to pay for Hotels, Dining, Airline ticket reservation and Fuel.

Standard Chartered Platinum Rewards Credit Card

If you are an ardent online shopper then this Platinum Rewards Credit Card from Standard Chartered could be one of your best credit card options. The reward points and the benefits associated with the use of this credit card are the USP of this credit card.

Benefits and features:

  • For every Rs. 150 spent on fine-dining outlets, users of this credit card will earn 5 reward points.
  • For every Rs. 150 spent on fuel, users of this credit card will earn 5 reward points.
  • For every Rs. 150 spent at hotels, users of this credit card will earn 5 reward points.
  • Additionally, for all other categories, users of this credit card shall earn 1 reward point for spending Rs. 150.
  • Earn 1 reward point for every Rs 150 spent on all other categories
  • There are no joining fees and annual fees associated with the Standard Chartered Platinum Rewards Credit Card.

HDFC MoneyBack Credit Card

This credit card is meant for people who love to do a lot of shopping. And, if you are among such people, then the benefits of the HDFC MoneyBack Credit Card would surely attract you. You can easily convert your reward points into cash back. You can also earn cashback of up to INR 2000 on reward points.

Benefits and features:

  • You can earn 2 Reward Points (RP) on every Rs. 150 that you spend with this credit card.
  • You can earn 2X Reward Points on every online purchase done with this card.
  • You can convert your Reward Points into cash backs.

Citibank Cash Back Credit Card

The benefits and features that this card offer easily ranks it amongst the best cash back credit cards in India. Hence, Citi Cash Back Credit Card is another option that you can look for. This credit card from Citibank can help you earn significant cash backs on your spends across different segments.

Benefits and features:

  • You can earn 5% cash back on credit card for every movie ticket purchases.
  • For telephone bill payments done with this card, you would be able to earn 5% cash back.
  • You would also be able to save 15% on your restaurant bill payments if you dine at any of Citibank’s partner restaurants.
  • Additionally, on each of your utility bill payments, you would be able to receive 5% cash back.

American Express MakeMyTrip Credit Card

The MakeMyTrip Credit Card from American Express is ideal for those people who travel a lot. This card can help you receive a significant amount of cashback on credit card spends.

Benefits and features:

  • As part of the welcome gift, every new user will get two MakeMyTrip vouchers, each worth Rs. 1,000.
  • You can receive 5% cash back on every booking done through MakeMyTrip website or app.
  • You can also enjoy up to 70% cashback on hotel bookings made via MakeMyTrip.com. This offer is valid until September 30, 2017.
  • You can also earn 3% cashback on fuel purchases at any petrol pump in India.

So far, we tried our best to identify the best cash back credit cards in India. We will be updating this article on a regular basis so that we can give you more valuable insights on how you can save even more with best credit card cash back and reward deals and offers.

As we are gradually moving towards building a cashless economy in India, credit cards would surely play a big part. In the coming years, it is quite apparent that cash transactions would go down giving away space for digital transactions. Hence, the demand for credit cards would take an upturn. Choosing the right credit card is not quite easy. Credit card companies have different credit cards in their portfolio and each one of them come loaded with different offers and rewards.

Rewards and cashback on credit card spend often becomes the deciding criteria to choose the right credit card.

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