Saving money while shopping has become smarter and easier, thanks to cashback and rewards apps. Shopping for groceries, upgrading wardrobes, buying gadgets, or booking services online, these apps add extra value to every purchase. With cashback, coupons, and exclusive deals, they help you save more and make your money go further!
India has seen a rapid rise in the use of such platforms, with users increasingly relying on them to earn rewards on everyday purchases. These apps allow users to save money and earn cashbacks and points for paying credit card bills, ordering food, booking tickets and shopping online
In this blog, we take a closer look at the top cashback and rewards apps in India that are not only popular but also trusted for their usability, offers, reliability and real savings.
What are Cashback & Rewards Applications?
Cashback and rewards applications are digital platforms that offer users a percentage of their money back or reward points when they make purchases through the app.
These rewards can be in the form of real money, discount coupons, gift cards, or loyalty points that can be redeemed later.
There are different types of these apps in India:
- Cashback apps: These give you real money back on purchases made through partner websites or apps. For example, buying clothes, booking cabs, or ordering food might earn you a small cashback.
- Rewards apps: These offer points or coins for completing certain actions like shopping, watching ads, answering surveys, scanning bills, or referring friends. The accumulated points can be redeemed for products or gift vouchers.
- Loyalty programs: Some apps partner with brands to offer loyalty points every time you make a transaction with them.
- Coupon & deal aggregators: These apps provide access to ongoing offers and deals to help you save money directly at checkout.
How do Cashback & Rewards Applications Work?
Cashback and rewards apps work by partnering with brands, retailers, or service providers to promote their products or services. When users shop through these apps or complete specific tasks, the apps earn a commission from the partner companies and share a portion of that commission with the users in the form of cashback or rewards.
Here’s a simple breakdown of how it works:
The app links you to an online store or brand. When you shop through that link, the app earns a referral commission.
A portion of that commission is given back to you as cashback. This can either be credited to your wallet in the app or in some cases, transferred to your bank account.
Some apps offer points instead of cash. These points accumulate as you perform certain actions, including shopping, bill payments, daily check-ins, referrals, or completing survey,s and can later be redeemed for gift cards, discounts, or products.
Most apps track your activities through deep links, in-app tasks, or receipt scanning. Once verified, the reward is credited to your account after a short validation period.
Many apps have a minimum balance requirement before you can withdraw your cashback or redeem points.
List of Top Cashback & Rewards Apps in India
CashKaro
Founded in 2013 by Swati and Rohan Bhargava in Gurugram, CashKaro has become one of India’s leading cashback and coupon platforms. It helps users save money while shopping online by partnering with over 1,500 e-commerce websites, including Amazon, Flipkart, Myntra, and Nykaa.
When users shop through CashKaro, the platform earns a commission from the retailer and shares a part of it back with the user as cashback. This cashback can then be transferred to a bank account or redeemed as gift cards. Apart from cashback, CashKaro also offers exclusive coupons, discounts, and referral rewards, making it a one-stop platform for smart shoppers.
In short, CashKaro turns everyday online shopping into a rewarding experience by letting users earn while they spend.
Magicpin
Launched in 2015 by Anshoo Sharma and Brij Bhushan, Magicpin is a unique rewards and cashback app that lets users earn points called magicPoints for everyday spending. Be it dining out, grocery shopping, or buying clothes, users can snap a photo of their bills and upload them to earn rewards.
Magicpin rewards users for uploading bills, completing tasks like daily quests, and shopping from featured magicBrands. MagicPoints can be used to unlock discounts on food delivery, fashion, groceries, and also to redeem vouchers and gift cards from leading brands.
The platform also offers a payment feature called magicPay, allowing users to pay at local stores and earn instant discounts.
Magicpin not only saves users money but also helps them discover new local businesses and thanks to its integration with ONDC (Open Network for Digital Commerce), users can order food and products from a wide range of sellers directly through the app.
PaisaWapas
Founded in 2015 by Shankar Kotuli and Ashish Kumar, PaisaWapas is a Bengaluru-based cashback and coupon platform that helps users save money on their online purchases.
By partnering with over 500 e-commerce brands, it allows shoppers to earn cashback, grab exclusive deals, and find the latest coupon codes while shopping through the app.
The platform works by redirecting users to partner websites, tracking their purchases, and then rewarding them with cashback.
In addition to this, PaisaWapas offers a referral program, gift cards for top brands, and even supports online bill payments and mobile recharges, making it a versatile savings app for everyday use.
- Hutti
Launched in 2012 by Aman Jain and Ankita Jain, Hutti is an Indian cashback and rewards app designed to help users save on their online shopping.
The platform connects shoppers with a wide range of brands and retailers such as Flipkart, Myntra, and Ajio, offering cashback, exclusive coupons, discounts and deals on qualifying purchases.
Hutti works by redirecting users to retailer websites from within the app. Once a purchase is made, the transaction is tracked, and cashback is credited to the user’s Hutti wallet, usually within a few days.
Users can later transfer this cashback to their bank accounts or use it for services like bill payments and mobile recharges.
The app also features a referral program, price comparison tools, and a large catalog of brand deals.
Afterword
In a world where every rupee counts, cashback and rewards apps make everyday spending a little more rewarding. With the right app, smart shopping becomes second nature, saving while you spend!