SBI Cashback Credit Card
SBI Card
The ultimate zero-hassle online shopping card in India.
95/100✓ MITC verified
Annual Fee₹999 + GST
Reward5% Flat Cashback on online merchant spends
LoungeNo complimentary lounge access
Apply Now →Axis Bank Cashback Credit Card
Axis Bank
Axis Bank's tiered online cashback card that pays up to 7% to big online spenders.
74/100✓ MITC verified
Credwiser Score 74/100
Axis Bank Cashback Credit Card
Axis Bank • Axis Bank's tiered online cashback card that pays up to 7% to big online spenders.
By Deepak • Co-founder, Credwiser
Figures checked against the issuer's official MITC • Last verified 21 October 2026 • How we score
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The Axis Bank Cashback Credit Card, the successor to the old Citi Cashback card, is built for people who do most of their spending online. Its cashback rate climbs with your monthly online spend, reaching 7% once you cross ₹40,000 online in a statement month, and the cashback is credited automatically before the next statement. The trade offs are a modest 0.75% on offline spends, no lounge access and no fuel surcharge waiver. It is a specialist card: excellent for heavy online shoppers, ordinary for everyone else.
Annual Fee (+ 18% GST)₹1,000 (₹1,180 incl. GST)
Fee WaiverAnnual fee of ₹1,000 waived on spends of ₹4,00,000 or more in an anniversary year
Joining PerkEDGE Reward Points worth ₹1,000 on your first transaction within 30 days of card issuance
Primary RewardTiered cashback on online spends in each statement month: 2% on the first ₹5,000, 5% on the slab from ₹5,000 to ₹40,000 and 7% above ₹40,000, with total cashback capped at ₹4,000 per statement month. Offline and travel spends earn 0.75% and utility bill payments earn 0.5% up to ₹100 per month.
Airport Lounge AccessNo complimentary airport lounge access
Forex Markup3.5% + 18% GST
RuPay UPINo
Best ForHeavy online shoppers who spend ₹40,000 or more online in a typical month
What We Like
- Up to 7% cashback on online spends with a high ₹4,000 per month cap
- Cashback is auto credited before the next statement, with no redemption step
- Welcome points worth ₹1,000 offset most of the joining fee
- Utility bill payments also earn 0.5% cashback, unlike most cashback cards
Watch Out
- The 7% rate needs more than ₹40,000 of online spends in a month
- Offline spends earn only 0.75%, with no lounge access and no fuel surcharge waiver
- ₹4,00,000 waiver target is steep for a ₹1,000 fee card
MITC & Hidden Charges
Joining fee ₹1,000 plus GST and annual fee ₹1,000 plus GST as per Axis Bank's MITC. The annual fee is waived on eligible spends of ₹4,00,000 in the preceding year; for customers migrated from the Citi Cashback card the waiver does not apply and the fee is as communicated at onboarding. Foreign currency markup is 3.5% plus GST. Cashback is not earned on fuel, rent, wallet loads, insurance, education, government and jewellery spends.
Last verified against MITC: 21 October 2026 • View official MITC →
Axis Bank Cashback Credit Card FAQs
How do the cashback tiers work?
In each statement month, online spends earn 2% on the first ₹5,000, 5% on the slab between ₹5,000 and ₹40,000, and 7% above ₹40,000. Total cashback is capped at ₹4,000 per statement month.
Do I need to redeem the cashback?
No. Cashback is credited automatically to your card account before the next statement is generated, with no minimum amount.
How is the annual fee waived?
Spend ₹4,00,000 or more in an anniversary year and the ₹1,000 annual fee is waived for the next year, as per the official card page and MITC.
Alternatives to Consider
Axis Bank ACE Credit Card
Axis Bank
The undisputed bill payment powerhouse on Google Pay.
91/100✓ MITC verified
Annual Fee₹499 + GST
Reward5% on Google Pay Bill Payments + 4% on Swiggy/Zomato/Ola
Lounge4 Domestic Lounge visits per year (spend-linked)
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