Best Cashback UPI App in 2025

The phenomenal growth of UPI(Unified Payment Interface) in India has brought a transformation in the Country’s digital payment landscape at an unprecedented pace. This rise in UPI apps has transformed the payment system and the way people handle transactions. So we can say UPI is now the backbone of India’s cashless revolution. 

So why not dive into the world of digital payments and find out the best cashback UPI app which will make your life easier by making transactions faster, safer and more convenient for you. These best upi app for cashback facilitate digital transactions and also offer rewards in various forms primarily in form of cashback. Through these apps you can receive abortion of your money back in form of direct cash, wallet cash or redeemable points. 

Let’s have a quick look at what they are and how they work?

What is a best Cashback UPI App?

These are digital payment platforms that allow users to send and receive money instantly, pay merchants by scanning QR code or UPI Id, pay various bills, recharge mobile phones, and also offer financial services like investments, paying loan, credit card bills, etc. And  this also allows users to get a part of their payment in the form of cashbacks. 

These incentives can be usually between Rs5 to Rs10 but at times it can be more than Rs100. The reward incentive can be in various forms : 

1. The most straight forward form of cashback is direct cashback which is directly credited to your bank account or your wallet. 
2. You can also receive a scratch card after making a payment. Scratching it reveals that it may be a cashback amount or a gift voucher.
3. Sometimes you may be rewarded with virtual coins which can be redeemed for discount vouchers, direct cashback or wallet balance, or exclusive deals or products.
4. You may also receive vouchers for discounts on future purchases from partner merchants.

But you should always read and understand the terms and conditions of cashback offers before opting for the cashback.

Why do UPI Apps offer cashback?

1. Cashback gives them an option to attract new users in the competitive market.
2. It also helps in encouraging existing users to continue using the apps for their daily transactions.
3. By giving cashback, apps aim at capturing a larger share of the UPI transaction volume.
4. These cashback offers allow you to fulfill some of your daily requirements while saving your pocket money.

List of Best Cashback UPI Apps

Here is a list of top UPI apps known for cashback and rewards which are among top contenders in India.

1. PhonePe : It is known as one of the leading digital payment platforms in India which is well known for its user-friendly interface and frequent cashbacks and reward offerings. Phonepe allows users to link their bank account and make payments instantly without sharing their bank details. Also there is an added advantage of linking multiple bank accounts to your Phonepe app. It offers various facilities like:

• You can easily recharge mobile for both prepaid and postpaid users and also DTH services.
• Set up an automatic payment option and no payments will be missed.
• Add money to your Phonepe wallet for quick payments.
• It also offers investment options like digital gold, mutual funds, etc.
• Scratch cards are offered after completion of each transaction.
• For specific transactions, Phonepe might offer direct cashback that is instantly credited to your PhonePe Gift Card balance.
• It  often partners with banks to provide exclusive cashback or discounts when using specific bank accounts or credit/debit cards.
• The Phonepe switch option allows users to access various third party apps like food delivery apps, travel apps, grocery apps, etc.
• It is widely accepted across millions of merchant outlets across India.

2. Google Pay(GPay) : Google pay is a highly popular digital payment app developed by Google. It is known for its simplicity and strong security features. Google Pay facilitates instant money transfers directly between bank accounts using UPI.Initially it offered more cashback but now it is focussed on scratch cards. Upon completion of transactions users receive digital scratch cards. When scratched these scratch cards reveal direct cashbacks, discount vouchers or coupons.  
3. Paytm :  It is a versatile digital wallet and it offers UPI payments, banking services, e-commerce, ticketing, and much more. It offers direct cashbacks on mobile recharges, merchant payments and  bill payments. This cashback is credited to your Paytm wallet.  In addition to direct cashback, Paytm often rewards users with “Cashback Points” for transactions which can be redeemed for discount vouchers or payment gift vouchers. Another additional benefit is that Paytm collaborates with various banks to provide additional discounts or cashback when using specific credit/debit cards or net banking for payments on Paytm. Also it has a referral program that rewards both the referrer and the new sign up for joining the platform. 
4. Amazon Pay UPI : Amazon Pay UPI is Amazon’s integrated digital payment service within the Amazon India app. It offers a seamless payment experience, especially for users who frequently shop on Amazon. It can also be used for payments outside Amazon. Payments are processed quickly and securely. It offers direct cashback for 1st UPI transactions, bill payments and recharges, purchases on Amazon. Most cashback earned on Amazon Pay is credited to your Amazon Pay Gift Card balance. This balance can be used for shopping on Amazon, paying bills, recharges and merchant payments. It also provides you the option of purchase now and pay later.
5. BHIM UPI :  It is a government backed UPI app in India and is developed by NPCI. It is one of the reliable and secure transaction options in India due to its simplified interface.  BHIM allows users to send and receive money directly from their linked bank accounts without the need for a digital wallet. It has also a referral program where both the referrer and the new user can earn cashback for successful sign-ups and transactions. It’s not that aggressive like other private UPI apps in terms of rewards and scratch cards but it offers consistent cashbacks and incentives. For new users it offers cashback after completing some purchases.  
6. CRED : It is a members only app in India that rewards you for paying your credit card bills on time. Beyond credit card bill payments, it has also expanded its services to bill payments, UPI transactions, etc. Users can add multiple credit cards from various banks and pay their bills seamlessly through the app. You can earn cred coins or virtual coins for timely bill payments which can be further redeemed into various benefits. It also offers various deals from partner brands.
7. MobiKwik : It is a prominent Indian fintech company that started as a mobile wallet and has expanded into a digital payment and financial services platform. It offers a wide range of services including bill payments, and quick recharges. It offers various cashback deals and exclusive discounts. It mostly offers direct cashbacks on transactions like UPI transactions, bill payments and recharges, partnership with major brands and also has attractive cashback for new users for few transactions.
8. Freecharge : It is another one of the best cashback upi apps. It is fully-owned subsidiary of Axis Bank and is a well-established digital payments platform in India. It primarily started with recharges and bill payments and later included UPI services, financial products, and a wallet. It has a user-friendly interface. It gives bill reminders so that you can easily pay your bills without missing. You can also set up automatic payments for recurring bills through its autopay feature. Freecharge is known for its consistent promotional offers, primarily in the form of cashback and discount vouchers.Many offers provide direct cashback, which is typically credited to your Freecharge Wallet which can then be used for future transactions on the Freecharge app for bill payments, recharges, and merchant payments.   

Key things to consider for best cashback UPI app

• The best app for you depends on where you spend most of your money. 
• Always check the “offers” or “rewards” section within each app before making a transaction. Offers change frequently and are often time-sensitive.
• Pay attention to the terms and conditions of cashback offers, including minimum transaction amounts, maximum cashback limits, and expiry dates.
• Many apps offer referral programs, so inviting friends can also be a way to earn extra cashback.

Conclusion

Make sure to consider the above key points before using any cashback UPI apps. It’s also worth exploring various other new UPI apps for cashback and rewards. To maximize your benefits consider using a multi app strategy.  Diversify your usage based on the best offer available for each type of transaction. . Always check the latest offers within the apps before making a payment, as the cashback landscape is constantly evolving in the competitive digital payment market.

FAQ:

How do UPI cashback rewards work?

When you make eligible transaction using a UPI cashback app then you receive a certain amount as cashback. This cashback is usually credited to your UPI-linked bank account. Some apps use scratch cards that can be redeemed for cashback .

How do I choose the best cashback UPI app for me?

When choosing a UPI app for cashback, consider the following:

• The frequency and type of rewards offered
• Ease of use and reliability
• Security features
• The services you use