Best Reward Points & Cashback Credit Cards

550 cards earn reward points and/or cashback - most are points-only

This is a broad category covering any credit card that earns reward points, cashback, or both - 411 are reward-points-only, 76 are cashback-only, and 63 (like AU Bank LIT and Canara Bank RuPay Select) genuinely earn both on the same spend. Check a card's specific earn structure rather than assuming it's a true points-plus-cashback hybrid.

123 of these cards are lifetime free

Of the 550 cards, 123 charge zero joining and zero renewal fee, spanning issuers like AU Bank, Canara Bank, and IDFC FIRST. The remaining cards charge a fee, generally trading a higher cost for a stronger earn rate or richer redemption options.

HDFC, RBL, and SBI have the largest lineups

HDFC Bank (67 cards), RBL Bank (64), and SBI Card (58) contribute the most cards to this category, followed by Axis Bank (51) and IndusInd Bank (33) - if you're comparing within a single issuer, these five have the widest range of reward-points and cashback options to choose from.

A handful of cards genuinely earn both reward points and cashback

AU Bank LIT, AU Altura Plus, AU Tejas, Accelero ICICI Bank, and several Canara Bank cards (RuPay Select, Visa Classic) are among the 63 cards that earn both reward points and cashback on the same spend, rather than one exclusively - useful if you want redemption flexibility instead of committing to a single reward currency.