February 11, 2026 · 5 mins read
The explosive rise of fintech in India has changed the way Indians access and use credit. Fintech lenders’ virtual credit cards have become particularly popular among young professionals and urbanites who shop online or order food via apps. These cards mix rapid digital onboarding and tempting cashback rewards on everyday spending categories like e commerce, food delivery, travel bookings and subscriptions. Rather than the complicated ‘points to be redeemed’ system, plenty of fintech cards offer straight cashback, making perks easier to comprehend and spend. For mobile first banking fans and clear rewards, fintech issued digital credit cards are an alternative to traditional bank cards. These cards are app controlled, and come with functionalities like real time spend tracking, instant card controls, and clear cashback breakdowns.
Cashback-based rewards are direct and adaptable. No conversion rates, no expiry dates and no limited redemption catalogues. When you’re in the habit of ordering food or shopping online, cashback negates costs and helps budget your month.
Fintech lenders create these cards whiter the spending habit. Rather than vanilla reward systems, they provide elevated cashback rates on favoured platforms including food delivery apps, online marketplaces, ride hailing and streaming” It’s a strategy that works for digitally minded people that prefer day-to-day savings to extravagant rewards.
The ZET Credit Card platform makes inroads into the fintech ecosystem through a different approach by partnering with traditional banks to provide digital friendly credit cards. ZET lets users compare up to 12 different cards and pick those which will earn cashback on online shopping and food delivery.
ZET also use its app to display clearly how rewards work, and what you’re eligible for, simplifying how cashback is earned. Several ZET backed cards deliver immediate in-app access, UPI (<insert sales pitch?), and an application driven management experience, appealing to mobile-first consumers. For young professionals and new credit card users, ZET makes both access and reward tracking effortless.
Also Read: How to File NIL GST Return Online
OneCard is another fintech-powered credit card that emphasises simplicity and digital control. Launched with major banks, OneCard offers app based control and cashback style rewards across chosen online stores. While it doesn’t utilise a classic cashback percentage, it offers instant savings – and partner deals – on dining and shopping platforms.
OneCard’s tidy reward system and real time spend analytics appeals to those that like two-minute noodles. It also backs digital payments and gives you fast card controls that bolster security for regular online purchases.
Slice is a financial technology platform that provides a credit card-style product aimed at younger users who otherwise might not be eligible for premium bank cards. Although its rewards playbook is atypical for a credit card, Slice delivers immediate value on e-commerce and meal delivery services in the form of discounts and cashback promotions.
Slice’s offer resonates with students and recent graduates looking for instant discounts with few eligibility hoops to jump through. Its online signup and straightforward repayment model make it accessible, but users should check fees and repayment conditions.
Also Read: GST For Home-Based Businesses: Do You Need It?
Although cashback is tempting, users should factor in the total card worth. Interest rates, annual fees, cashback caps and eligibility criteria all influence real savings. Certain cards provide stellar cashback rates but cap the monthly cash back figure, which could reduce payback for high spenders.
So also pick cards where the categories of purchases fit your spending. Highly cashback-laden food delivery card? Not so useful if you primarily shop online or you travel a lot. Fintech platforms such as ZET allow users to contrast those things before applying.
Responsible usage is equally important. Cashback perks must never incentivise overspending. Steady, on-time payments, plus low credit utilisation, keep the rewards from turning into financial stress.
Also Read: Documents Required for GST Registration for Different Business Types
Popular credit cards with cashback options include the ZET, OneCard, Slice, and co-branded Paytm credit cards. The best option will be determined by the merchant where you typically use your card the most.
Cash back is generally considered to be the easiest method of getting a discount on your purchases because the amount received in the form of cash back is a direct savings about. Reward points can be more valuable for certain types of rewards than cash back; however, cash back can provide the user with immediate purchases and flexibility in how to use the received money.
Yes, many fintech credit card issuers cater to first-time users and are willing to work with them through a less intensive vetting process (user verification) and more streamlined onboarding process (application process). Additionally, the approval criteria are dependent on basic know your customer (KYC) criteria as well as platform-specific criteria.
Build and Maintain a 750+ Credit Score
