Axis Bank
The higher Freecharge tier — genuine cashback rather than points, also explicitly invite-only, whose only welcome benefit is stated by the issuer itself to no longer apply to any currently-issuable card.
Cashback
Genuine cashback, credited directly. A ₹700 welcome voucher is stated on the page but the same page flags it as "not applicable for card issued on and after 4th January, 2023" — not recorded as an active milestone since it no longer applies to any card that could be issued today.
Not published by the issuer.
Verified from official issuer sources. Last verified 28 August 2026
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ICICI Bank
A lifetime-free card that pays its best rate on Amazon. Worth holding for Amazon spend; unremarkable elsewhere, and you cannot simply apply for it.
SBI Card
A genuine cashback card with no merchant restriction on the 5% online rate, undercut by an exclusion list SBI itself says is incomplete — utilities, insurance, fuel, rent, wallets, education, jewellery and railways all earn nothing, 'and more'.
SBI Card
An online-shopping card whose real rate depends on where you shop: 10x points at eleven named partners, worth roughly 2.5% there, 5x elsewhere online, 1x offline.
