#1₹5,520/yr
SBI Cashback Credit Card
5% · Cashback Kings
Best net value on this list — about ₹5,520/yr in your pocket after fees on typical spends.
Age 21–60 · From ₹25,000/mo income · Unsecured
Cashback Kings·American Express
Starter Amex for partner merchants and online spends.
Age 21–60 · From ₹25,000/mo income · Unsecured
Key Benefits
All 9 benefits →Flipkart & Uber
10X Membership Rewards
500 pts/mo each
Amazon, Swiggy, BookMyShow & more
5X Membership Rewards
250 pts/mo combined
Other spends
1X points
Fee waiver
₹40,000
yearly spend
Zero sales calls. Ever.
Caps & exclusions verified · 2026-06-25
At the bank: You complete the application on their website. The bank may follow up on that application — CardHungry never calls or texts you.
We earn commission if approved — at no cost to you.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: Amex SmartEarn benefits page (caps corrected Oct 2026). Not modeled: 5X tier on Amazon/Swiggy/BookMyShow (max ~₹750/yr) and Uber 10X; base rate unverified
Flat cashback on spends — no points math
American Express — UPI credit not supported in India.
UPI credit uses RuPay-linked cards on apps like GPay, PhonePe, and Paytm. Rates and exclusions follow issuer MITC — verify before relying on UPI for rewards.
Source: Amex SmartEarn benefits page (caps corrected Oct 2026). Not modeled: 5X tier on Amazon/Swiggy/BookMyShow (max ~₹750/yr) and Uber 10X; base rate unverified
Flipkart & Uber
10X Membership Rewards
Cap: 500 pts/mo each
Amazon, Swiggy, BookMyShow & more
5X Membership Rewards
Cap: 250 pts/mo combined
Other spends
1X points
Fee waiver at
₹40,000 annual spend
See worked examples of how points convert to cash value
online shopping — 5 pts per ₹25 spend
You spend
₹125
You earn
25 pts
Worth ≈
₹6.25
@ ₹0.25/point
Capped at ₹125/month spend for accelerated rate
all — 1 pts per ₹25 spend
You spend
₹10,000
You earn
400 pts
Worth ≈
₹100
@ ₹0.25/point
Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹0.25/pt in calculations.
Based on moderate spend for this market
Est. net annual
₹3,192
per year
Annual fee
Free
per year
Effective return
0.9%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹495 · Forex 3.5% on international transactions — tap for full fees
Joining fee
Charged in first year · Bank-listed face fee (ex-GST). NAV math uses face × 1.18 GST.
₹495
Annual / renewal fee
Waived on ₹40,000 annual spend
₹495
Forex markup
3.5% on international transactions
Finance charges
≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid
Late payment fee
₹400–₹1,300 depending on statement balance — always pay on time
Reward redemption fee
Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee
Example: moderate user · Steady year
Signup bonus is excluded here — switch to Year 1 on the hero or open the calculator for first-year value.
Formulas and assumptions: How we calculate NAV
21–60 years · ₹25,000/mo — tap for full criteria
Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.
At moderate spend (₹31,000/mo), gross rewards are about ₹3,612/year. After the ₹495 annual fee, net value is approximately ₹3,192/year. Use the calculator above to model your own spends.
₹25,000/month for salaried applicants (indicative — bank decides).
Fuel, Insurance, Utilities, EMI transactions, Rent.
Deeper rankings and comparisons for similar use cases.
SBI Cashback Credit Card
5% · Cashback Kings
Best net value on this list — about ₹5,520/yr in your pocket after fees on typical spends.
YES ACE Credit Card
Accelerated · Cashback Kings
Strong runner-up at ₹3,990/yr net — roughly ₹1,530 behind #1 on the same spend mix.
Standard Chartered Smart Card
2% cashback · Cashback Kings
Worth a look — ₹3,420/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
