Best Credit Cards for Cash Back in 2018

Updated: Nov 5, 2018

Your friends talk a lot about cash back on credit cards. Are you not interested to know about the Best Credit Cards for Cash Back in India in 2018? Truebanker has some recommendations for you.



As you are in search of best credit cards for cash back, look for one that is going to reward you to the maximum. Nowadays, there are attractive offers associated with the cards, and you need to choose one that will benefit you the most. There is cash back, rewards, air miles and many other benefits with super premium cards. Let’s check out some of the best cash back credit cards available in the market.


See also : ICICI Bank credit card


SBI Prime


Card Details:

Launched in 2017, SBI card is one of the best of all credit cards available in India. The bank is giving everything you want under the same roof including a renewal fee waiver on 3 lakhs that you spend each year.


Fees, rates and Offers:

  • It is an attractive option with a joining fee of INR 2,999 that includes equivalent welcome gifts.

  • It has a reward rate of 3-5 percent.

 

HDFC Regalia First


Card Details:

The card comes free of cost and fits the budget of those who are not comfortable paying higher joining fees. This card has carious merchant offers to give you almost 5 times or 10 times promos that further increase the reward rate.


Fees, rates and Offers:

  • It usually has no joining fees.

  • The reward rate is 1 to 10 percent.

  • You can also check the comparatively upgraded version, HDFC Regalia.

 

See also : ICICI Bank credit card


SBI Simply Click


Card Details:

In case you are spending online mostly, and that amount is lesser than 3 lakhs, you can prefer SBI Simply Click. It comes with milestone benefit associated with Cleartrip vouchers.


Fees, rates and Offers:

  • The joining fee is INR 499.

  • The annual fee of the card is low.

  • The reward rate is 1.25%.

 

Citibank Cash Back Credit Card


Card Details:

This card is for those who have their salary account with this bank. There is pure cash back that gives you flat 0.5% value as cash back. Citibank is famous for travel offers throughout the year.


Fees, rates and Offers:

  • Joining fee is INR 500.

  • You will also enjoy a reward rate of 0.5 %.

 

Standard Chartered Manhattan


Card Details:

Standard Chartered offers cash back with Uber and thereby if you hold this card; it will save your cab expense considerably. They keep adding merchant offers which are useful.


Fees, rates and Offers:

  • You can join with INR 999.

  • It provides a reward rate of 5 percent.

 

See also : ICICI Bank credit card


Yes First Preferred


Card Details:

Yes Bank, the new player in the credit card industry, is growing rapidly to capture the market share. This card is considered one of the best where you have a 2% reward rate by default. You can enjoy 10 times or 2 times reward than usual on the spend-based campaign.


Fees, rates and Offers:

  • You can join free of cost.

  • The reward rate is 2 to 6 percent.

 

SBI Elite


Card Details:

It is one of the best premium credit cards. It’s quite well suited for the movie buffs, and it offers 2 bookmyshow tickets every month of INR 500. Those who are high spenders; renewal fee gets waived off on spending 10 lakhs.


Fees, rates and Offers:

  • It attracts a joining fee of INR 4,999.

  • You will enjoy a reward rate of 2 percent.


 

Amex Gold Charge Card


Card Details:

For people having a havoc lifestyle, having an AMEX card in the pocket is a must, and Amex Gold Charge card can be the best fit for this purpose.


Fees, rates and Offers:

  • It attracts a reward rate of 2 percent along with a joining fee of INR 1000+ST.

  • The Renewal fee is INR 4500+ST.

  • The card is a “Charge Card” instead of a credit card as it has no EMI options.


 

HDFC Money Back Credit Card


Card Details:

It’s one of the leading banks that offer a gamut of credit cards to match the need of Indians. You may avail the money back reward program and an impressive range of gifts from reward miles. You can even earn some points from online spending and reward points on your money spent. Not just that, you will also get a waiver on fuel surcharge and acquire transaction security with zero liability on the loss of credit card. Moreover, you have a waiver on first year’s fee, and it reverses the renewal fee.


Fees, rates and Offers:

  • Membership Fee in the first year is INR 500/- + Applicable Taxes.

  • Renewal Membership Fee is INR 500/- + Applicable Taxes.


 

Truebanker Recommendation

HDFC Money Back Credit Card: You enjoy 2 reward points for every INR 150 spend. You can redeem your reward points for attractive gifts and air miles out of exclusive rewards catalog. Also, enjoy 100% more reward points on online spending and fuel surcharge waiver.


Well, it’s possible to carry multiple cards and avail the best rewards and cash back offers.

The core thought is that the cards must match to your requirements. Credit card industry in India is competitive and a rapidly changing one, so you need to be aware of the trends. You must be versant in changing the strategy every three months. Be informed and updated about the latest financial products and you will end up in choosing the best credit card for yourself.


Note: We don't make money with these recommendations.


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