Best Co-Branded Credit Cards

Co-branded credit cards are designed to offer extra value by combining banking benefits with rewards from popular brands such as e-commerce platforms, airlines, telecom providers, and food delivery apps. These cards help users earn higher cashback, reward points, and exclusive privileges on their regular spends while keeping fees relatively affordable. In this blog, we compare some of the best co-branded credit cards in India based on their key benefits, fees, and suitability to help you choose the one that best matches your spending habits.

Stable Money Suryoday Bank Credit Card

Stable Money Suryoday Bank Credit Card is a secured credit card issued against a fixed deposit (FD) booked through the Stable Money platform. It is designed to help users access credit even with limited credit history or without income proof, while their FD continues to earn interest.

Benefits

• The card typically comes with no joining fee or annual maintenance charge, making it cost-effective for everyday use.
• Earn 0.5% cashback on all eligible transactions, helping you save on everyday spends.
• The credit limit is usually around 90% of the fixed deposit amount, allowing you to access credit while the FD continues to earn interest.
• 10 complimentary airport lounge visits per year (domestic and international) depending on card type and FD amount.
• Additional perks on certain card variants can include personal accident insurance, travel and hotel discounts, spa access, concierge services, and more.
• The card can be linked with UPI apps for seamless payments at merchants and online.

Fees & Charges

• Joining Fees: Zero
• Annual Fees: Zero

ALSO READ: What is Co-Branded Credit Card

Flipkart Axis Bank Credit Card

The Flipkart Axis Bank Credit Card is designed for frequent online shoppers who spend heavily on e-commerce, fashion, and travel bookings. With high cashback rates on Flipkart, Myntra, and partner merchants, this card helps users maximize savings on everyday online purchases while also offering lifestyle and dining benefits.

Welcome Benefits

• Get ₹350 worth of activation benefits on card issuance.
• Applicable vouchers include Flipkart and Swiggy-related offers for new users.

Other Benefits

• 7.5% cashback on Myntra spends, capped at ₹4,000 per statement quarter.
• 5% cashback on Flipkart and Cleartrip spends, capped at ₹4,000 per statement quarter per merchant.
• 4% cashback on preferred merchants (selected brands and partners).
• 1% cashback on all other eligible transactions.
• Enjoy up to 1% fuel surcharge waiver on fuel transactions at petrol pumps (spends between ₹400–₹4,000).
• Access special dining discounts and lifestyle offers through Axis Bank’s partner programs.
• Large purchases over ₹2,500 can be converted into EMIs for added convenience.
• “Wednesday Delight” deals, including special discounts on travel and food (e.g., flights, hotels, Swiggy, etc.) on select days.

Fees & Charges

• Joining Fees- ₹500 + GST
• Annual Fees- ₹500 + GST (from 2nd year onward)*

Amazon Pay ICICI Bank Credit Card

The Amazon Pay ICICI Bank Credit Card is a lifetime free cashback card ideal for Amazon users and digital spenders. It offers straightforward cashback rewards that never expire and are automatically credited to your Amazon Pay balance, making it a hassle-free option for everyday shopping and bill payments.

Benefits

• Earn unlimited rewards that never expire, giving you flexibility on redemption.
• 5% cashback on Amazon purchases for Prime members.
• 3% cashback on Amazon purchases for non-Prime members.
• Earn 2% cashback at over 100 Amazon Pay partner merchants when used via Amazon Pay.
• 1% unlimited cashback on all other eligible spending outside Amazon.
• Rewards are automatically converted into Amazon Pay balance at the end of each billing cycle, which can be used for purchases on Amazon and Amazon Pay.
• Enjoy 3 months no-cost EMI on eligible Amazon.in transactions.
• 1% fuel surcharge waiver on fuel transactions helps you save more when spending on petrol.
• Reduced forex markup fee of 1.99% on international transactions, making it useful for overseas spends.

Fees & Charges

• Joining Fee: ₹0 (No fee)
• Annual Fee: ₹0 (No renewal fee)

Indigo HDFC Bank credit card

IndiGo HDFC Bank Credit Card is tailored for frequent flyers and travel enthusiasts who prefer IndiGo for their journeys. By earning 6E Rewards on every spend, cardholders can save on flight bookings, add-ons, and everyday expenses while enjoying travel-focused perks and financial security.

Benefits-

• Earn 6E Rewards on your spends, which can be redeemed for IndiGo flights and add-ons 1 6E Reward = ₹1 value.
• Higher rewards on travel: Enhanced rewards for IndiGo ticket bookings and partner spends.
• Reward points validity: Rewards earned remain valid for 2 years from the month they are credited.
• Earn rewards on dining, entertainment, groceries, and everyday spends boosting value across categories.
• Enjoy an interest-free credit period (up to 50 days) on purchases when you pay your bill on time.
• Zero liability on fraudulent transactions reported promptly.

Fees & Charges

• Joining Fees- ₹500 + applicable taxes
• Annual Renewal Fees- ₹500 + applicable taxes

Airtel Axis Bank Credit Card

Airtel Axis Bank Credit Card is a cashback-focused card best suited for Airtel users and households with regular utility and food delivery expenses. It offers generous cashback on Airtel services, utility bills, and popular platforms like Swiggy and Zomato, helping users reduce monthly bills significantly.

Welcome Benefit

• New cardholders receive an Amazon e-voucher worth ₹500 on their first transaction within the first 30 days of card issuance.

Benefits:

• 25% cashback on Airtel services like mobile, broadband, Wi-Fi, and DTH bill payments through the Airtel Thanks app (capped at ₹250 per statement cycle).
• 10% cashback on utility bill payments such as electricity, gas, and water via the Airtel Thanks app (capped at ₹250 per statement cycle).
• 10% cashback on food delivery and grocery spends like Swiggy, Zomato, and BigBasket (capped at ₹500 per statement cycle across these merchants).
• 1% cashback on other eligible spends with no cap, helping you earn on general purchases too.
• Enjoy 4 complimentary domestic airport lounge visits per calendar year. (Terms apply based on minimum spends in prior months.)
• Get 1% fuel surcharge waiver at petrol pumps nationwide, making petrol transactions more cost-effective.
• You can convert purchases of ₹1,500 or more into easy EMIs, offering flexibility for larger spends.
• The card often includes additional savings via mid-week offers (e.g., discounts on flights, hotels, and food services on selected Wednesdays).

Fees & Charges

• Joining fee- ₹500
• Annual fee- ₹500

ALSO READ: Best Cashback Credit Cards India

HDFC Swiggy Credit Card

HDFC Swiggy Credit Card is ideal for food lovers and frequent online shoppers who regularly use the Swiggy app. With high cashback on Swiggy orders and online spends, along with a complimentary Swiggy One membership, this card delivers excellent value on dining, groceries, and daily purchases.

Welcome Benefit-

• Complimentary 3-month Swiggy One membership on card activation.

Benefits-

• 10% cashback on Swiggy app spends including food delivery, Instamart, Dineout, and Genie, up to a monthly cap.
• 5% cashback on online spends across e-commerce platforms (e.g., Amazon, Flipkart, Myntra) up to a monthly cap.
• 1% cashback on all other eligible transactions with a monthly cap.
• Enjoy up to 50 days of interest-free credit on purchases.
• Smart EMI facility to convert large transactions into easy monthly instalments.
• Fraud protection & zero liability for unauthorized transactions (when reported promptly).

Fees & Charges-

• Joining Fees-  ₹500 + GST
• Annual Fees- ₹500 + GST (waived if you spend ₹2,00,000+ in a year)

Conclusion

Choosing the right co-branded credit card depends largely on where you spend the most be it online shopping, travel, utility bills, or food delivery. While some cards offer lifetime-free benefits and simple cashback, others provide higher rewards with modest annual fees and brand-specific privileges. By evaluating the rewards structure, fees, and everyday usability of each card, you can select a co-branded credit card that not only fits your lifestyle but also helps you save more on your regular expenses.