Did you know you could save up to ₹10,000 annually just by choosing the right cashback credit card? With the growing popularity of credit card cashback offers in India, consumers are spoiled for choice. But with top players like HDFC, Axis, and SBI battling it out for the title of the best cashback card provider, which one truly reigns supreme? This is the ultimate Axis vs HDFC credit card comparison to help you decide.
In this blog, we will break down the key features of these credit card giants to help you make an informed decision. Whether you’re a beginner in the world of credit cards or an experienced user looking to maximize cashback on every purchase, we’ve got you covered.
1. Why is Cashback the Ultimate Choice for Credit Card Users?
Imagine this: You spend ₹1,000 on a dining experience and earn ₹200 back as cashback. Sounds great, right? That’s the magic of cashback credit cards. Whether it’s dining, shopping, fuel, or travel, the right card can turn your everyday spending into rewards.
- Cashback on Dining – Save on your restaurant bills and food delivery.
- Fuel Cashback – Get rewarded for filling up your tank.
- Online Shopping – Earn cashback on your favorite e-commerce platforms.
- Travel Perks – Many premium credit cards in India also offer additional travel benefits.
Now, let’s explore how HDFC, Axis, and SBI stack up against each other when it comes to cashback rewards.
2. SBI Cashback Card Review: The Underdog with Great Potential
The SBI Cashback Card offers a strong cashback credit card option for individuals looking for reliable rewards on daily spending. Let’s look at what makes this card attractive:
- Cashback Structure: Enjoy 5% cashback on online shopping and 1% on all other spends. It’s a solid option if you’re looking for a straightforward cashback system.
- Zero Annual Fee: The card offers a zero annual fee credit card option, making it a great choice for those who want cashback without the burden of hefty yearly charges.
- Credit Card Cashback Offers: Periodic credit card cashback offers are also available during key shopping seasons or festivals, providing you with additional savings.
Who it’s for: Great for online shopping lovers and beginners who don’t want to pay annual fees but still want decent cashback rewards.
3. HDFC Cashback Credit Cards: Premium Rewards and Benefits
HDFC Bank’s credit cards are known for their attractive rewards and travel credit card benefits. They offer multiple options, but let’s dive into the popular ones:
- HDFC Millennia Credit Card: This card provides 5% cashback on Amazon, Flipkart, and dining, making it one of the best cashback cards in India for online shoppers and foodies. There’s also 2.5% cashback on all other expenses.
- HDFC Diners Club Premium Credit Card: A premium credit card that offers 10x reward points on dining, travel, and entertainment. For frequent travelers and diners, this is an exceptional choice. You’ll also enjoy exclusive airport lounge access and travel perks.
- SBI vs HDFC: When compared with SBI, HDFC cards tend to offer higher cashback on certain categories, especially for those who dine out frequently or travel often.
Who it’s for: Best suited for premium cardholders or those who want a high level of rewards and exclusive benefits like travel perks.
4. Axis Bank Credit Cards: Best for Everyday Spending
Axis Bank’s credit cards are widely popular due to their wide range of offerings and cashback credit card offers:
- Axis Bank Ace Credit Card: This card offers 5% cashback on every transaction made through Google Pay, which makes it ideal for people who frequently use mobile payments. Plus, you’ll get 1% cashback on other purchases.
- Axis Bank My Zone Credit Card: A great pick for foodies, offering 5% cashback on dining expenses. If you eat out often or order food online, this card provides excellent value.
Who it’s for: Best for those who prefer cashback on fuel, dining, and online payments. Axis cards are also great for beginners due to their ease of use and straightforward cashback structures.
5. How to Earn Cashback with Credit Cards: Tips and Tricks
No matter which card you choose, there are strategies you can use to maximize cashback on credit cards in India:
- Use the Right Card for the Right Purchase: Always use the card that offers the highest cashback for specific categories (dining, shopping, fuel).
- Pay Attention to Special Offers: Credit card cashback offers often come with limited-time promotions. Keep an eye out for seasonal or festival discounts to boost your cashback rewards.
- Pay in Full: Avoid interest charges by paying off your balance in full every month. Interest payments can cancel out any cashback benefits.
- Combine Multiple Cards: If you have cards from different banks, use them for their specific cashback categories (e.g., one for dining, one for online shopping).
6. Comparing Axis vs HDFC vs SBI Credit Cards
Let’s break down the strengths of each of these banks in the Axis vs HDFC credit card comparison:
| Feature | SBI Cashback Card | HDFC Millennia Card | Axis Bank Ace Credit Card |
| Cashback on Dining | 1% | 5% | 5% |
| Cashback on Shopping | 5% on online shopping | 5% on Amazon, Flipkart | 5% on Google Pay |
| Fuel Cashback | 1% | 2.5% | 1% |
| Annual Fee | Zero | ₹1,000 (waived on spending) | ₹499 |
| Premium Benefits | No | Yes (Lounge access, travel) | No |
| Best for | Beginners, online shoppers | Premium users, diners, travelers | Everyday spending, mobile payments |
7. The Verdict: Which Bank Wins the Cashback War?
- Best for Premium Users: HDFC Diners Club Premium wins here, offering high rewards, travel perks, and luxurious benefits.
- Best for Everyday Shoppers: If you’re an online shopper, SBI Cashback Card offers great value with no annual fee and cashback on a variety of categories.
- Best for Dining: HDFC Millennia Card and Axis Bank Ace Credit Card are tied, both offering 5% cashback on dining. If you also want mobile payment benefits, Axis is the winner.
Ultimately, the winner depends on your lifestyle and spending habits. Whether you’re looking for a zero annual fee credit card or a card with premium benefits, HDFC, Axis, and SBI have you covered.
8. How to Apply for a Credit Card Online
Now that you know which card suits your needs, it’s time to apply for a credit card online. The process is simple:
- Visit the bank’s website or use a credit card aggregator.
- Check the eligibility criteria.
- Submit the required documents.
- Wait for approval and start earning cashback!
Ready to start earning cashback on every purchase? Apply for your perfect credit card today and make the most of the rewards and benefits that come your way!