I have compiled a list of the best credit cards for salaried people in India who want to spend between 1 lakh to 2 lakh per year on a credit card.
I have picked only those credit cards where you get a minimum of 5% cashback on specific transactions and a minimum of 1% cashback on all other expenses.
You can apply for 2 different credit cards to combine two unique special offerings to get the best value.
For example,
You can apply for an SBI cashback credit card for online spending and an Axis Ace credit card for utility bill payments to earn 5% cashback on both categories.
Best Credit Card For Beginners With a Salary of 3 lakh
#1. SBI Cashback Credit Card
Biggest Benefit5% cashback on all online spends
Best Credit Card for Online Expenses
SBI Cashback is one of the best credit cards for online spending. You get 5% cash back on all your online purchases without any specific website restriction.
If you have an SBI cashback credit card you wouldn’t need ICICI Amazon pay, and Axis Flipkart and.
You get 1% cashback on all offline spending.
#2. Axis Ace Credit Card
Biggest Benefit5% cashback on Gpay
Best Credit Card For Utility Payment
You will get 5% cashback on all utility bills payment using Ace card on Gpay.
You get 2% cashback on all other transactions without any limit which is the best among the beginner-level credit cards.
Keep Axis Ace credit card along with an SBI cashback credit card to make best combo of 5% cashback on Online Shopping and Utility Payments.
#3. HDFC Millennia Credit Card
Biggest Benefit5% cashback on Amazon
For Online shopping & Airport lounge
HDFC Millennia credit card provides 5% cashback on selected merchants like Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato.
You get 1% cashback on all other spends equivalent to SBI cashback.
You get 8 complimentary domestic lounge access per calendar year which is not available in the SBI cashback credit card.
#4. ICICI Amazon Pay Credit Card
Biggest Benefit5% cashback on Amazon
Lifetime Free
Amazon Pay ICICI credit card provides 5% cashback to Prime members and 3% to non-prime members on Amazon shopping.
You will get 1% on all other online and offline spending.
#5. Axis Flipkart Credit Card
Biggest Benefit5% cashback on Flipkart
Best For Flipkart shopping
Axis Flipkart credit card gives you 5% cash back on all your Flipkart spending except for hotel & flight bookings.
You get 1.5% cash back on all your transactions which is the second best after the Axis Ace credit card from this list.
If you want to avoid the annual fee, you can read our article best free credit cards in India.
