10 Best Credit Cards in India 2022

To begin your comparison, here is a list of the best credit cards in India along with their annual fee and best features.

1. Axis Bank Ace Credit Card

Joining Fee: Rs. 499
Annual Fee: Rs. 499

Axis Bank Ace Credit Card is a good option for beginners looking for a high cashback rate at a nominal annual fee. The card offers up to 5% cashback on bill payments and online food delivery along with other benefits such as airport lounge access and dining discounts. The best feature about this card is that there is no upper limit on earning cashback.

Key Benefits	Why We Like It
5% cashback on bill payment, DTH recharge, and mobile recharge initiated via Google Pay 4% cashback on Swiggy, Ola and Zomato 2% cashback on all other spends More Details	Highest flat-rate cashback in the market No upper limit on the cashback earned Cashback on multiple categories and top brands

2. Flipkart Axis Bank Credit Card

Joining Fee: Rs. 500
Annual Fee: Rs. 500

Flipkart Axis Bank Credit Card is another entry-level credit card, with a good cashback rate on online shopping. The card offers benefits across top brands such as Flipkart, Myntra, and other preferred partners (Uber, PVR, Tata SKY, Swiggy, etc). Despite being a co-branded card, the card functions more as a cashback credit card.

Key Benefits	Why We Like It
5% cashback on purchases made via Flipkart & Myntra 4% cashback across preferred partners 1% fuel surcharge waiver 4 complimentary domestic lounge visits every year More Details	One of the best cashback cards in the market Cashback directly credited to the card account Opportunities to avail benefits & discounts on travel, dining, etc.

3. Cashback SBI Card

Joining Fee: Nil
Annual Fee: Rs. 999

Cashback SBI Card is a comparatively new entrant in the cashback credit cards segment but it has quickly gained popularity among online shoppers. The card gives 5% cashback on online transactions without any merchant restrictions. Where most shopping credit cards limit the benefits to one or more merchants or spend categories, a card like this is a truly a must-have.

Key Benefits	Why We Like It
5% cashback on all online transactions without any merchant restrictions 1% cashback on offline transactions and utility bill payments Cashback auto-credited to the card within 2 days of bill generation 4 complimentary domestic lounge visits in a year More Details	High cashback rate for online transactions with no merchant restrictions Cashback directly credited to card without the hassle of redemption or conversion Utility bill payments also earn 1% cashback

4. Amazon Pay ICICI Credit Card

Joining Fee: Nil
Annual Fee: Nil

If you are an Amazon loyalist, then Amazon Pay ICICI Credit Card is the best cashback credit card for you, since you can earn up to 5% cashback on Amazon spends. The best part about this card is that it is a zero annual fee credit card with a good cashback rate. Also, since Amazon is a leading e-commerce platform for all shopping needs, this card is highly recommended for everyday purchases.

Key Benefits	Why We Like It
5% cashback for Amazon Prime members on Amazon spends 3% cashback for Non-prime members on Amazon spends 1% cashback on all other transactions More Details	A good credit card for cashback Simple reward redemption and cashback conversion Beneficial for online shoppers

5. HDFC Millennia Credit Card

Joining Fee: Rs. 1,000
Annual Fee: Rs. 1,000

HDFC Bank Millennia Credit Card is a good option for you if you are specifically looking for an HDFC credit card with a high cashback rate. The card offers good value-back on online shopping across top merchants as well as on other general spends. If you frequently use your credit card to shop online then this card is a good option as you avail annual fee waiver on spending more than a lakh in a year.

Key Benefits	Why We Like It
5% cashback on all online shopping spends at Amazon, Flipkart, Myntra, Tata Cliq, etc. 1% cashback on all other spends 8 complimentary domestic airport lounge access per calendar year More Details	Co-branded cashback benefits across popular shopping platforms Welcome benefit compensates for the joining fee charged 1 Cash Point = INR 1 when taken as statement credit