Online Apps nowadays provide lucrative cashbacks on using Credit Cards but today we will find out the Best Cashback App for Credit Card Payments.
Introduction
What is Cashback ?
The term “cash back,” or “cashback,” describes two categories of credit and debit card-related financial transactions that have become more and more common over the past 20 years. Typically, it’s a credit card feature that reimburses the cardholder for a portion of each purchase beyond a predetermined dollar limit.
Another term for cash back is a debit card transaction where the cardholder receives cash after the purchase—usually a tiny amount more than the item cost.
Consider Cashback Apps given below for your future Credit Card Payments
BharatNXT
Business owners may use BharatNXT to pay for all of their credit card purchases with ease, get 45–50 days of interest-free credit, and get cash back and points on all of their purchases. Additionally, the platform enables B2B payments and offers SMEs the best business payments experience possible through the mobile application for the whole backend technological pipeline.
Advantages:
50 days or more of additional credit
Up to 1%–3% in immediate incentives
Quick access to funds
There are no interest charges until the payment is made during the credit period.
Cred the Best Cashback App
In India, Cred is the most downloaded online credit card application for bill payment. You will get the same amount of Cred coins back when you use Cred to pay a bill. Discounts can then be obtained by exchanging the Cred coins. It is one of the best app for cashback.
You are qualified to receive cash incentives in the form of mystery cashback after making a purchase of at least Rs 1,000. The program offered some really tempting rewards at first, but these have recently been significantly reduced. Therefore, don’t anticipate significant gains.
In addition, a unique referral scheme allows you to get paid $750 for referring friends. Moreover, to join Cred, a person must have a credit score of 750 or above.
Cred also lets you link your Gmail account so that downloads happen automatically.
Paytm
Paytm is the most widely used and one of the most trusted apps for paying credit card bills and making online transactions in India. You can use it to settle any and all bills through debit cards, net banking, and Paytm balance, not just Visa or Mastercard.
When you pay your bill of INR 5,000 or more, you will receive a scratch card with a potential value of 1 lakh reward points. Additionally, every transaction you make with your card will earn you a minimum of 1,000 points, which is equivalent to INR 1,000.
Although, cashbacks are not guaranteed, so please verify everything before making any transaction.
Benefits:
Check your credit score for free
Use both UPI and debit cards for payments
Get reminders to pay bills
Set auto-payment features
Best Credit Card in India having largest cashback
Here are some of the best cashback credit cards in India along with links for more information:
HDFC Bank Millennia Credit Card
- Cashback: Up to 5% on online shopping, 1% on others.
- Learn More
SBI Cashback Card
- Cashback: 5% on bill payments and select online purchases, 1% on others.
- Learn More
Axis Bank Ace Credit Card
- Cashback: 2% on all online spends, 1% on others.
- Learn More
ICICI Bank Amazon Pay Credit Card
- Cashback: Up to 5% on Amazon, 1-2% on other spends.
- Learn More
Citi Cashback Card
- Cashback: 5% on online purchases, varying rates for others.
- Learn More
Make sure to review the features, terms, and eligibility requirements for each card to find the best fit for your needs!