In the dynamic world of personal finance, rewards credit cards have emerged as a captivating way for individuals to leverage their spending to their advantage. With each swipe, these credit cards offer a gateway to an array of benefits, ranging from cashback and travel perks to exclusive discounts and points accumulation. Rewards credit cards have redefined the way we approach our purchases, turning routine expenditures into opportunities to unlock a host of advantages.

Best Rewards Credit Cards in India

In the world of credit cards, finding the best rewards program can significantly enhance your spending experience. Beyond just financial convenience, rewards credit cards offer a gateway to various perks, cashback, discounts, and exclusive offers tailored to match your lifestyle. These cards not only simplify your transactions but also provide a way to earn back on your purchases, making every swipe or tap a rewarding experience. From travel enthusiasts to avid shoppers, there are rewards credit cards designed to cater to diverse needs and preferences, ensuring that you’re not only making payments but also reaping benefits from them. Here we’ll guide you through the top rewards credit cards. You’ll learn about their perks, costs, and more, helping you figure out which card suits you best.

American Express SmartEarn™ Credit Card

The American Express SmartEarn Credit Card is a sought-after rewards credit card in India, renowned for its value-packed benefits. Tailored for frequent online shoppers, this card offers cashback on popular platforms like Amazon and Flipkart. Beyond cashback, the card extends additional privileges such as bonus cashback, fee waivers, and enticing gift vouchers. As the name suggests, the SmartEarn™ Credit Card lets you accumulate rewards intelligently with every swipe, making it an ideal choice for those seeking both practicality and perks in their credit card experience.

Key Highlights of American Express SmartEarn™ Credit Card

Annual Fee: Pay Rs. 495 annual fee plus applicable taxes.
Fee Waiver: If you spend Rs. 40,000 or more in the previous year, the renewal fee is waived.
Welcome Gift: Spend Rs. 10,000 in the first 90 days and get Rs. 500 cashback as a statement credit.
Reward Earnings: Earn 10X Membership Rewards® Points on Flipkart, Amazon, Uber. Also, get 5X Membership Rewards Points on Paytm wallet, Swiggy, BookMyShow, and more.
Eligibility: You need to be a Resident Indian according to tax rules. You should have a personal annual income of INR 4.5 lakhs or more (if employed) or INR 6 lakhs or more (if self-employed). Also, you should have an Indian or multinational bank account, a current/permanent Indian address, be over 18, have good credit history with no defaults, and if self-employed, your company should be trading for more than 12 months.

HDFC Bank Diners Club Black Credit Card

The HDFC Diners Club Black Credit Card is a prestigious offering that’s highly regarded for its exceptional benefits. Designed to cater to the needs of discerning customers, this card provides an array of exclusive reward programs, luxurious travel privileges, fine dining experiences, and personalized concierge services. With its premium features and prestigious status, the HDFC Bank Diners Club Black Credit Card stands out as a top-tier option for those seeking a blend of luxury and rewards in their credit card experience.

Key Highlights of HDFC Diners Club Black Credit Card

Fees: Pay Rs. 10,000 plus taxes for joining/renewal.
Annual Memberships: You get free annual memberships for Club Marriott, Forbes, Amazon Prime, Swiggy One (3 months), and MMT BLACK.
Monthly Vouchers: On spending over Rs. 80,000 per month, you get complimentary vouchers for Ola cabs, Live, BookMyShow, and TataCliQ.
Reward Points: You earn 5 Reward Points for every Rs. 150 spent.
Extra Reward Points: On SmartBuy, you can earn up to 10X Reward Points and 2X on weekend dining.
Golf Benefits: Enjoy complimentary golf games on top courses (6 per quarter).
Welcome Benefit: Spend Rs. 1.5 lakhs within the first 90 days or on the first-year fee to get the complimentary annual memberships (terms apply).
Milestone Benefit: If you spend Rs. 80,000, you can choose two benefits from Live, BookMyShow, TataCliQ, or Ola cabs (terms apply).
Eligibility: For salaried individuals, age should be between 21 and 60, with a net monthly income over Rs. 1.75 lakhs. For self-employed individuals, age should be between 21 and 65, with an ITR of over Rs. 21 lakhs per year.

SBI SimplyCLICK Credit Card

The SBI SimplyCLICK Credit Card focus on rewarding online spending, this card offers attractive benefits like higher reward points on popular e-commerce platforms including Amazon, Cleartrip, BookMyShow, and more. The card’s easy eligibility and low annual fee make it accessible to a wide range of users. Whether you’re a frequent shopper or a movie buff, the SBI SimplyCLICK Credit Card is designed to enhance your online shopping experience with valuable rewards and perks.

Key Highlights of SBI SimplyCLICK Credit Card

Joining Fee: Pay INR 499 plus 18% GST to join.
Welcome Gift: You receive an Amazon Gift Card as a welcome gift.
Online Spending Rewards: Earn 10X rewards when you spend online with specific partners like Cleartrip, BookMyShow, etc.
More Welcome Goodies: Get a gift card worth Rs. 500 on paying the annual fee of Rs. 499 plus taxes.
Annual Spending Rewards: For spending Rs. 1 Lakh and Rs. 2 Lakhs annually online, you get e-vouchers worth Rs. 2,000 each.
Unlimited Reward Points: There’s no limit to how many Reward Points you can earn.

IDFC FIRST Select Credit Card

The IDFC FIRST Select Credit Card offers a rewarding experience tailored for frequent online shoppers. With a lifetime free membership, this card stands out by featuring a dynamic interest rate model, determined by your unique profile. Ideal for those seeking superior rewards, travel benefits, and ongoing offers. Notably, the earned Reward Points are unlimited and don’t expire. This card opens doors to a premium lifestyle, offering a combination of remarkable rewards, travel perks, zero annual fees, and competitive interest rates.

Key Highlights of IDFC FIRST Select Credit Card

No Annual Fee: It’s a lifetime free credit card, no yearly fee.
Low Interest Rates: The interest rates range from 0.75% to 3.5% per month (9% to 42% per annum).
Joining Benefits: Get a welcome voucher worth ₹500 on spending ₹15,000 within 90 days. Also, 5% cashback (up to ₹1000) on your first EMI transaction within 30 days.
Reward Points: Earn 3x Reward Points on offline spending up to Rs. 20,000. Get 6x Reward Points on online spending. For purchases above Rs. 20,000 and on your birthday, enjoy 10x Reward Points.
Free Movie Tickets: Grab 2 free movie tickets every month.
Lounge Access: Access domestic railway and airport lounges for free.

Standard Chartered Platinum Rewards Credit Card

The Standard Chartered Platinum Rewards Credit Card offers a focus on reward points, along with special deals for dining and movies. A standout feature is that it provides 5X reward points for fuel purchases, which is uncommon for entry-level credit cards. This makes it a suitable choice for those new to credit seeking rewards for dining and fuel expenses.

Key Highlights of Standard Chartered Platinum Rewards Credit Card

  • Spend at least Rs. 500 within 30 days after getting the card to avoid a one-time fee of Rs. 250 + GST.
    Only applies if you applied for the card online as instructed by the bank. Existing cardholders aren’t eligible.
  • Get 5 times more reward points for every Rs. 150 spent on dining and fuel. No limit on monthly rewards.
  • Earn 1 reward point for every Rs. 150 spent on other things with the SC best rewards card.
  • Quick approval with no need for documents.
  • Eligibility – Age: 21 to 65 years for the applicant, 18 years for add-on cardholder. Need a steady monthly income.

HDFC Moneyback Credit Card

The HDFC MoneyBack Credit Card is designed to make your spending more rewarding. With this card, you get Instant CashBack on your purchases, meaning you’ll get a percentage of your money back every time you use it. It’s a convenient way to earn a little something extra while you shop. Whether you’re dining out, shopping, or paying bills, this card ensures that your spending comes with a bonus.

Key Highlights of HDFC MoneyBack Credit Card

  • Joining/Renewal Membership Fee: Rs.500 + Applicable Taxes
  • As a welcome gift, you’ll get 500 Cash Points (only if you pay the membership fee).
  • Spend more than Rs. 50,000 every 3 months and get gift vouchers worth Rs. 500.
  • Spend over Rs. 50,000 in your first year, and your renewal fee is free.
  • Get 2 Reward Points for every Rs. 150 spent (not for fuel, wallets, prepaid cards, or vouchers).
  • Get 4 Reward Points for every Rs. 150 spent online*.
  • Each quarter, spending Rs. 50,000 gets you a Rs. 500 gift voucher. Get up to Rs. 2,000 vouchers in a year.
  • No rewards for rent and government transactions.
  • For grocery shopping, earn up to 1,000 reward points per month.
  • Eligibility: For Salaried Indians- Age: 21 to 60 years, Monthly income: over Rs. 25,000
    For Self-Employed Indians- Age: 21 to 65 years, Income: Income Tax Return of more than Rs. 6.0 Lakhs per year.

SBI SimplySAVE Credit Card

The SBI SimplySAVE Credit Card is a great choice for individuals who love dining out, shopping, and frequently visiting malls and movie theaters. Similar to its counterpart, the SimplyCLICK card, which is perfect for online shoppers, this card offers a line of credit. This feature allows you to receive a check for a specific credit limit, delivered to your address whenever you need it. With its tailored benefits, the SBI SimplySAVE Credit Card caters to those who enjoy both leisure and convenience in their spending habits.

Key Highlights of SBI SimplySAVE Credit Card

  • Annual Fee (one-time) :Rs. 499
  • Renewal Fee (per annum): Rs. 499 from second year onwards. Renewal Fee reversed if annual spends for last year >= Rs. 1,00,000.
  • Add-on Fee (per annum): Nil
  • As a welcome gift, if you take out money from an ATM within 30 days of getting the card, you’ll get Rs. 100 back.
  • For every Rs. 150 you spend using the SimplySAVE SBI Card, you get 1 Reward Point (4 Reward Points = Rs. 1). Use these points to pay your card bill or get cool gifts.
  • Special offer: Spend Rs. 2,000 in the first 60 days and get 2,000 extra Reward Points.
  • Get 10 Reward Points for every Rs. 150 spent on dining, movies, stores, and groceries.

Axis Bank Rewards Credit Card

The Axis Bank Rewards Credit Card is designed to reward you for every purchase you make. Whether it’s shopping, dining, or other expenses, this card ensures you earn rewards on all fronts. Notably, it offers accelerated reward points when you shop for apparel and at departmental stores, enhancing your rewards even further. On top of that, the card comes with membership benefits and special offers with Swiggy, adding more value to your spending. It’s a versatile card that lets you unlock rewards in various categories, making your transactions more fulfilling.

Key Highlights of Axis Bank Rewards Credit Card

  • Joining Fee: Rs. 1,000
  • 2nd year Onwards Rs. 1,000 Annual fee waived off on annual spends of Rs. 2,00,000 and above. Some transactions like rent and wallet loads don’t count for this.
  • Welcome gift: Get 5000 EDGE reward points when you spend Rs. 1000 or more in 30 days after getting the card.
  • Get 2 EDGE reward points for every Rs. 125 spent.
  • Get 10 times more, so 20 EDGE reward points, for every Rs. 125 spent on clothes and at departmental stores.
  • Every year, get benefits worth Rs. 1000 as part of your membership.
  • Enjoy 30% off on Swiggy orders and 15% off at special restaurants with Dining Delights.
  • Get 2 free visits to domestic lounges every 3 months.
  • You won’t pay 1% extra on fuel purchases, up to Rs. 400 per month.
  • Eligibility: You need to be 18 to 70 years old, You must live in India.

RBL Bank ShopRite Credit Card

The RBL Bank ShopRite Credit Card stands out as a valuable option for those seeking maximum savings with minimal charges. This card offers exclusive rewards, including points for mobile recharges and fuel purchases, a feature uncommon in cards of its kind. Tailored to provide cost-effective benefits, the RBL Bank ShopRite Credit Card is a practical choice for individuals looking to optimize their savings while enjoying the perks of a credit card.

Key Highlights of RBL Bank ShopRite Credit Card

  • Annual fee Rs. 500
    Fee reversed on spends of Rs. 1.5 Lakhs in the previous year.
  • 2,000 bonus Reward Points in the form of welcome benefits.
  • For every Rs. 100 you spend (excluding fuel), you get 1 Reward Point.
  • When you buy groceries, you get 5% value back. If you shop for groceries with the card, you get 20 Reward Points for every Rs. 100 spent.
  • You can earn up to 1,000 Reward Points each month.