Cashback Credit Cards with Low Fee in India 2026

5% cashback on Freecharge spends : You earn 5% cashback on all Freecharge spends.

2% cashback on ‘local commute’ spends : You earn 2% cashback on local commute expenses.

1% cashback on all other card spends : You earn 1% cashback on all other spends.
- Exceptions : No cashback is given on wallet loads, fuel spends, cash withdrawal, gold & jewellery transactions, returns & reversals, gift card purchases, government & education spends, EMI transactions, purchases converted to EMI, and rental payments.

Dining benefits through EazyDiner partnership – 15% discount (upto ₹500), once per month
– Valid once a month.
– You get 15% discount (up to ₹500), at over 4,000 restaurants nationwide.
– Minimum order amount of ₹2,500 is required.
– Hence you get a 15% discount on orders between ₹2500 and ₹3333. On orders above ₹3333, your discount percentage will fall below 15%.

Benefits
– Good card for frequent Freecharge users, since you get 5% unlimited cashback on various types of spends
– The Axis Bank Freecharge Plus credit card offers an easy cashback process, without complicated procedures or requirements.
– This credit card has a low annual fee. It also offers a low annual card spend target (of ₹50,000), to get an annual fee waiver from 2nd year onwards.

Drawbacks to consider
– It can only be used as a specialist card along with other cards , since it does not offer attractive rewards on other major spending needs such as shopping and travel.

3.50% cashback on fuel purchases - on fuel purchases upto ₹4000 per month
✔︎ 2.50% cashback on HPCL fuel purchases
- You earn ₹2.50 cashback, on every ₹100 you spend at HPCL pumps.
- This benefit is valid only on HPCL fuel expenses upto ₹4000 per month, since maximum cashback is capped at ₹100 per month.
– This benefit is applicable only on a minimum fuel transaction amount of ₹500.
✔︎ 1% fuel surcharge waiver – at all fuel stations, only on all fuel purchases upto ₹4000 per month.

0.25% benefit on all other spends
– You earn 1 reward point worth ₹0.25 or 25 paise, on every 100 you spend on all other card purchases.
– 1 reward point = 0.25 (25 paise), and can be redeemed on ICICI’s rewards redemption platform for a variety of vouchers and products.
– Exceptions : No reward points are given non-HPCL fuel, EMI transactions, balance transfer (BT), personal loan on credit cards (PLCC), cash advance, payments of fees, interest and other charges.

25% discount (upto ₹100) at BookMyShow movie tickets - 2 times per month
– You can avail this offer 2 times a month, at BookMyShow
– When you purchase a minimum of two tickets, you get a 25% discount (upto ₹100)
- Hence you get a 25% discount on movie ticket transactions upto ₹400. On transactions above ₹400, your discount percentage would fall below 25%.

1% fuel surcharge waiver : You get a 1% waiver fuel surcharge, only on HPCL fuel transactions below ₹4000.

Benefits
– Entry level fuel card, you get 3.50% cashback on HPCL fuel purchases upto ₹4000 per month
– Low annual fee of ₹199
– Low annual card spend requirement of ₹50,000, to get an annual fee waiver

Drawbacks to consider
– You can get higher reward rates on other fuel cards.
– You will need to consider other cards to get benefits on non-fuel spends like shopping, travel etc.

2% cashback on grocery purchases || department store purchases || utility bill payments – on purchases upto ₹2500 per month
– You get ₹2 (as cashback), on every ₹100 you spend in these categories
– This is valid only on purchases upto ₹2500 per month, since the maximum cashback at this rate is restricted to ₹50 per month

1% cashback on all other card spends, on spends upto ₹5000 per month
– You get ₹1 (as cashback), on every ₹100 you spend
– This is valid only on purchases upto ₹5000 per month, since the maximum cashback at this rate is restricted to ₹50 per month
.- Exceptions : No cashback is given on following card spends – fuel, rent and wallet loads.

Complimentary railway lounge access – 2 per quarter

Fuel surcharge waiver, upto ₹100 per month
– You get 1% fuel surcharge waiver on all fuel transactions between ₹400 and ₹5000 only, and
– On fuel purchases upto ₹10,000 per month, since the waiver amount is restricted to ₹100 per month
– Some fuel pumps may charge more than 1% surcharge, the monthly waiver would still be capped at ₹100 in all cases

Benefits
– Low annual fee of ₹199
– Low annual card spend requirement of ₹40,000, to get annual fee waiver from 2nd year onwards
– 2% cashback on grocery purchases, department store purchases, utility bill payments

Drawbacks
– Low monthly spend limit to earn 2% cashback on the 3 promotion categories (grocery purchases, department store purchases, utility bill payments)

Card is exclusively for government sector employees

Low annual fee of ₹199 (and is waived off if you spend ₹75000 in your previous year)

Card is UPI enabled – you can use it for UPI payments

1% cashback (upto ₹200 per month), on all credit card spends
– You get ₹1 (as cashback), on every ₹100 you spend on your credit card
– This is valid on card spends upto ₹20,000 per month, since the maximum cashback is restricted to ₹200 per month

1 free movie ticket (upto ₹200), every 6 months – at BookMyShow
– You can get a maximum of 2 free movie tickets per year (upto ₹200 each)

1% railway surcharge waiver (upto ₹600 per year), only on railway transactions upto ₹5000

1% fuel surcharge waiver, on fuel transactions between ₹400 and ₹4000 only

Benefits
– Low fee card
– You can use your card for UPI payments
– Annual fee is waived, if you spend ₹75000 in the previous year

Drawbacks to consider
– Comparatively low reward rate on card spends