HSBCVisa
HSBC Live+
Net savings₹16,098/yr
Savings rate4.9%
Annual feeWaived ₹1,179
Lounge✈2 dom🌏1 intl
✓ 10% on dining, food delivery, groceries, shopping & utilities earns you about ₹13,704 a…
Best for · By type · updated 2026-09-19
Best cashback credit cards in India
Every card scored in rupees for this use, not a hand-picked list. Numbers assume the profile stated below – set up yours to re-rank for your spend.
Best credit card for cashback (Sept 2026): HSBC Live+ – ₹16,098 a year net of fee, 4.9% effective rate. Runners-up: ACE and CASHBACK SBI Card. Ranked for the standard ₹32k/month profile, limited to cards that auto-credit cashback.
Standard profile
Scored for Cashback profile · ₹32k/monthBills paid in full · first-year offers shown separately · set up your profile to score cards for your own spend
Top 3 for cashback
SBI CardVisa
CASHBACK SBI Card
Net savings₹8,834/yr
Savings rate2.7%
Annual feeWaived ₹1,179
Lounge✈ none
✓ 5% on all online spends (₹2,000/month cap from 1 Apr 2026) earns you about ₹7,560 a year…
All 12 cards ranked for cashback
| # | Card | Score | Net savings / yr | Annual fee | Lounge |
|---|---|---|---|---|---|
| 1 | HSBC Live+HSBC | 100/100 | ₹16,098 4.9% rate | Waived | 2 domestic + 1 international/yr |
| 2 | ACEAxis Bank × Google Pay | 67/100 | ₹6,485 2.0% rate | Waived | 4 domestic/yr |
| 3 | CASHBACK SBI CardSBI Card | 60/100 | ₹8,834 2.7% rate | Waived | No lounge access |
| 4 |  Airtel Axis BankAxis Bank | 53/100 | ₹7,298 2.2% rate | Waived | No lounge access |
| 5 |  Paisabazaar PaisaSaveYes Bank | 51/100 | ₹7,182 1.9% rate | Waived | No lounge access |
| 6 |  MillenniaHDFC Bank | 50/100 | ₹6,626 2.0% rate | Waived | No lounge access |
| 7 |  SmartStandard Chartered | 45/100 | ₹4,298 1.3% rate | Waived | No lounge access |
| 8 |  Swiggy HDFC BankHDFC Bank | 40/100 | ₹5,954 1.8% rate | Waived | No lounge access |
| 9 |  PIXEL PlayHDFC Bank | 39/100 | ₹6,732 2.1% rate | Waived | No lounge access |
| 10 |  Kiwi (Yes Bank RuPay)Yes Bank | 29/100 | ₹3,036 0.8% rate | Free for life | No lounge access |
| 11 |  Uni CardUni (Yes Bank RuPay) | 29/100 | ₹3,036 0.8% rate | Free for life | No lounge access |
| 12 |  Jupiter Edge CSB BankCSB Bank | 26/100 | ₹2,581 0.7% rate | Free for life | No lounge access |
Ranked by the open CardLens engine: rewards at realistic redemption value + milestones + waivers − fee incl. 18% GST − forex, for the spend profile stated above. Profile: for the standard ₹32k/month profile, limited to cards that auto-credit cashback. Figures are estimates from public issuer terms – verify on the issuer page before applying. How the score works →
Related
Frequently asked questions
Which credit card is best for cashback in India in Sept 2026?
HSBC Live+ ranks first for cashback on CardLens: ₹16,098 a year net of fee, 4.9% effective rate. Axis Bank ACE (Google Pay) is second. The ranking is for a stated spend profile and changes with yours.
How does CardLens rank cards for cashback?
We take the standard Indian cardholder profile, change it to reflect this use (for the standard ₹32k/month profile, limited to cards that auto-credit cashback), and score every card with the same open engine used everywhere on the site: rewards at realistic point value + milestones + waivers − renewal fee incl. 18% GST − forex markup, then a 0–100 score that also counts usable lounge access, redemption flexibility, lifestyle fit, simplicity and fee safety. Nothing is hand-picked and no issuer pays for placement.
Will my own answer be different?
Probably. Caps, fee-waiver thresholds and milestones all depend on how much you spend and where. Set up your profile in Find My Card and every page on CardLens re-scores for you.