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Almost everyone wants to have a credit card today, not only to get a credit limit to spend but also to enjoy the features and deals that these cards provide. Rewards credit cards are the most common type of credit card available on the market. It is because these are generally affordable, and some of them even come with no annual fee. When you spend using a Rewards Card, you earn a specific number of reward points for every particular amount of spends. These reward points can be redeemed later against different categories, including shopping, travel-related bookings, gift vouchers, and many more. In this way, you can save on every spend that you make using a rewards credit card. However, there are a lot of things that you need to understand before having a credit card so that you can make the most out of it. It is never a good idea to go with the first credit card offer you get, but it requires a lot of research and understanding to choose a credit card that fits your requirements so that you can get the maximum benefit. Best Rewards Credit Cards Almost every credit card issuer offers reward points to their customers on most of the credit cards. These reward points can be more in selected categories and fewer in other categories, and that is why it becomes important to analyze your spending habits and compare different credit cards before applying for a credit card. With hundreds of Rewards credit cards in India, it is confusing for individuals to find the best card for themselves. Before going with one, you should be aware of the answers to some questions like: What are Rewards Credit Cards? How do you choose the best rewards card for yourself? How do the Rewards cards work? How can you redeem the reward points you earn? And many more. This article is solely aimed at providing you with the answers to all these questions. Keep reading the article to get more information about rewards credit cards, their benefits, and a list of best rewards credit cards:

Table of Contents

List of Best Rewards Credit Cards in India 2024

There are multiple credit cards in the Indian Credit Card market which provide reward points on almost every purchase that the cardholders make. Hence, it becomes challenging for people to filter out the best options and then find the appropriate credit card for themselves. With this article, we will make you go through the best rewards credit cards, starting from basic to premium credit cards. You can check all their benefits, fees & charges, etc, and then decide which card is going to benefit you the most:

Top Entry-Level Rewards Credit Cards

SBI SimplyCLICK credit card

(5/5)

Joining Fee

Rs. 499 + GST

Renewal Fee

Rs. 499 + GST

Best Suited For

Shopping

Reward Type

Reward Points

Welcome Benefits

Amazon Gift Card Worth Rs. 500

The SBI SimplyCLICK Credit Card is an entry-level and economical credit card issued by the SBI card to let its customers avail of the maximum benefits with minimum charges. The card comes with exclusive benefits, such as Reward programs, welcome gifts, milestone benefits, etc. Following is a list defining its advantages:

  • 10 Reward Points per Rs. 100 on spends at partner online merchants (reward rate of 2.5% as the value of 1 Reward Point = Rs. 0.25).
  • 5 Reward Points per Rs. 100 on Amazon and all other online spends with the card (reward rate of 1.25%).
  • 1 Reward Point per Rs. 100 on all other spends made through this card (reward rate = 0.25%).
  • A voucher worth Rs. 500 in the form of a welcome benefit from Amazon.
  • You can earn a maximum of 4,000 bonus Reward Points in a year.
  • A 1% fuel surcharge waiver.
  • Spend-based annual fee waiver.
Axis Bank Rewards Credit Card

(4.5/5)

Joining Fee

Rs. 1,000 + GST

Renewal Fee

Rs. 1,000 + GST

Best Suited For

Dining | Shopping

Reward Type

Reward Points

Welcome Benefits

5000 EDGE reward points on spending Rs. 1000 and above within 30 days of card activation

The Rewards credit card was recently launched by Axis Bank and is ideal for people who want to get rewarded for almost every spend with their card. Other than the normal reward rate, you get accelerated reward points on apparel and departmental stores. You can get the card for a decent Rs. 1000 joining fee, and it offers a host of benefits across different categories.

  • 5000 EDGE reward points as welcome benefit
  • 2 EDGE reward points per Rs. 125 spent
  • 10x EDGE reward points per Rs. 125 spent on apparel and departmental stores
  • Rs. 1000 worth membership benefits every year
  • 30% discount on Swiggy orders and 15% discount at partner restaurants through Dining Delights
  • 2 complimentary domestic lounge access every quarter
  • 1% fuel surcharge waiver capped at Rs. 400 maximum per month.
IDFC FIRST Select Credit Card

(4.6/5)

Joining Fee

Nil

Renewal Fee

Nil

Best Suited For

Travel | Shopping

Reward Type

Reward Points

Welcome Benefits

Vouchers worth Rs. 500 on spends of Rs. 15,000 within 90 days of card issuance. Also, get a 5% cashback on EMI transactions (up to Rs. 1,000) within 30 days of card issuance.

The IDFC FIRST Select Credit Card aims to make your life more rewarding with its great Reward programs, earning you benefits of up to 2.5% on your spends. One of the best things about this card is the Reward Points you earn are not capped at any maximum value & they don’t expire ever. Moreover, the card has other exclusive benefits as well, including

  • 3x Reward Points per Rs. 100 spent on offline spending up to Rs. 20,000 (1x Reward Points = 1 Reward Point per Rs. 100).
  • 6x Reward Points per Rs. 100 on online spending.
  • 10x Reward Points on purchases above Rs. 20,000 and on all spends on birthdays.
  • Gift vouchers worth Rs. 500 as a welcome gift.
  • 2 free movie tickets every month.
  • Complimentary domestic railway & airport lounge access.
Standard-Chartered-Rewards-Credit-Card

(4.5/5)

Joining Fee

Nil

Renewal Fee

Rs. 1,000 + GST

Best Suited For

Shopping

Reward Type

Cashback

Welcome Benefits

NA

Standard Chartered recently launched its Rewards credit card targeted at individuals who spend high on retail and shopping. You don’t have to pay any joining fee for the card, and it has a Rs. 1000 renewal fee. The card offers 4x reward points on retail spends, and after reaching the monthly spend milestone, you get 4x reward points on other spends as well.

  • Get 4x reward points on your retail spends
  • 1x reward points on government and insurance spends
  • 4x reward points on all other spends once you cross the monthly spend milestone
  • Complimentary domestic lounge access
  • Renewal-fee waiver
  • 1% fuel surcharge waiver
American Express SmartEarn Credit Card

(4.5/5)

Joining Fee

Rs. 495 + GST

Renewal Fee

Rs. 495 + GST

Best Suited For

Shopping

Reward Type

Reward Points

Welcome Benefits

Cashback of Rs. 500 and 2,000 Referral Bonus Membership Rewards Points

As suggested by the name, this card allows its customers to earn rewards smartly every time they spend using their card. You can save up to 5% on your expenses using this card. More of the benefits of this card include:

  • A cashback of 500 as a welcome benefit on a minimum spend of Rs. 90,000.
  • 10 Membership Rewards Points per Rs. 50 on Amazon and Flipkart (max capping of 500 Points on Amazon and Flipkart combined).
  • 10 Membership Rewards Points per Rs. 50 on Uber rides (maximum capping of 500 reward points).
  • 5 Membership Rewards Points per Rs. 50 on Paytm wallet uploads, Swiggy, BookMyShow, Big Bazaar, PVR, and Myntra (max 250 Points at this rate).
  • 1 Membership Rewards Point per Rs. 50 on all other spends made using this card.
  • A 1% fuel surcharge waiver.
  • Gift vouchers on achieving the milestone spend.
RBL-Bank-ShopRite-Credit-Card

(4.6/5)

Joining Fee

Rs. 500 + GST

Renewal Fee

Rs. 500 + GST

Best Suited For

Shopping

Reward Type

Reward Points

Welcome Benefits

2,000 bonus Reward Points in the form of welcome benefits.

The RBL bank Shoprite Credit Card is a basic card with exclusive reward programs that allows you to save up to 5% on your regular spends, up to 10% on movies, and 2.5% on fuel spends. The card is suitable for people who want to avail of maximum saving opportunities with minimum charges. Following are some more benefits of the card:

  • 20 Reward Points per Rs. 100 on grocery shopping.
  • 10x Reward Points for every Rs. 100 on fuel purchases.
  • 1 Reward Point per Rs. 100 on all other transactions made using this card.
  • Exclusive welcome benefits.
  • A discount of 10% on movies 15 times a year.
  • 1% fuel surcharge waiver.
  • Spend-based renewal fee waiver.

Top Premium Rewards Credit Cards

Axis Bank Magnus Credit Card

(4.6/5)

Joining Fee

Rs. 12,500 + GST

Renewal Fee

Rs. 12,500 + GST

Best Suited For

Travel | Dining | Shopping

Reward Type

Reward Points

Welcome Benefits

Choose a gift voucher worth Rs. 12,500 from any one of Luxe, Yatra, or Postcard Hotels

Axis Bank Magnus Credit Card is issued by Axis Bank with the aim of providing the best rewarding experiences to customers no matter what they do using their card. Along with its exciting reward programs, the card comes with super-premium advantages. Some of its benefits are as mentioned below:

  • For every Rs. 200 that you spend using this credit card, you will earn 12 Edge Reward Points.
  • 25,000 Edge Reward Points worth Rs. 5,000 every month on monthly spends of a minimum of Rs. 1 lakh with the card.
  • 5x Edge Reward Points on flight/hotel bookings via Axis Bank Travel Edge portal.
  • Complimentary access to international and domestic lounges.
  • Up to Rs. 500 off on movie tickets on BookMyShow.
  • Complimentary VIP services at the airport.
  • Complimentary Dine Out Passport membership.
  • Low foreign currency markup fee.
  • No cash withdrawal fees.
  • Spend-based annual fee waiver.
HDFC Infinia Credit Card Metal Edition

(5/5)

Joining Fee

Rs. 12,500 + GST

Renewal Fee

Rs. 12,500 + GST

Best Suited For

Travel | Dining | Shopping

Reward Type

Reward Points

Welcome Benefits

Welcome bonus of 12,500 Reward Points and complimentary Club Marriott membership for the first year offering 20% discounts on dining and stay in the Asia-Pacific region.

A high-end offering by HDFC Bank, the Infinia credit card offers exclusive perks across various categories, including rewards, travel, dining, insurance, etc. It earns you Reward Points every time you spend, and you get accelerated reward points through the Smartbuy portal. Following are some of the additional benefits of this card:

  • 5 Reward Points per Rs. 150 spent with the card.
  • 5x Reward Points on flight and bus bookings, 3x Reward Points on rail bookings, and 10x Reward Points on hotel bookings via Smartbuy.
  • 5x Reward Points on Instant Vouchers, purchases at Amazon and Apple stores, and 3x Reward Points on Flipkart via SmartBuy.
  • Complimentary Club Marriott membership.
  • Access to unlimited complimentary golf games.
  • Low foreign currency markup fee.
  • Complimentary Dine Out Passport membership.
  • Spend-based renewal fee waiver.
Standard-Chartered-Ultimate-Credit-Card

(4.7/5)

Joining Fee

Rs. 5,000 + GST

Renewal Fee

Rs. 5,000 + GST

Best Suited For

Travel | Shopping

Reward Type

Reward Points

Welcome Benefits

6,000 Rewards redeemable for shopping vouchers or charity spends under the Standard Chartered 360° rewards program.

The Ultimate Credit Card by Standard Chartered Bank comes with great Reward programs to let its customers save amazingly on their spends. With this card, you can save 3% on all your spends. The card has several more benefits, which are as follows:

  • 5 Reward Points per Rs. 150 on all categories of spends, including fuel, utility, and insurance.
  • Additional 5% cashback on duty-free spends.
  • Complimentary access to golf games.
  • Low forex markup fee.
  • 24*7 concierge services.
American Express Platinum Charge Card

(4.8/5)

Joining Fee

Rs. 60,000 + GST

Renewal Fee

Rs. 60,000 + GST

Best Suited For

Travel | Shopping

Reward Type

Reward Points

Welcome Benefits

SeleQtions, Taj, and Vivanta Hotels Vouchers Worth Rs. 45,000. 10,000 Referral Bonus Membership Rewards Points

A top-notch credit card, the American Express Platinum Credit Card not only aims to provide reward points but also provides luxurious lifestyle benefits to its customers. With this card, you can enjoy airport lounges, exciting gift vouchers as a welcome gift, and many more. Here is a list of its benefits:

  • 1 Membership Rewards Point per Rs. 40 spent with the card.
  • 5x Membership Rewards Points through Reward multiplier Program.
  • Membership Rewards Points redeemable against products, shopping vouchers and travel vouchers.
  • The maximum redemption value of Membership Rewards Points is Rs. 0.50 (for redemption against Taj vouchers).
  • Invitations to exclusive VIP-only events.
  • Complimentary EazyDiner membership.
  • Complimentary airport lounge access.
Diners-Club-Black-Metal-Edition-Credit-Card

(4.7/5)

Joining Fee

Rs. 10,000 + GST

Renewal Fee

Rs. 10,000 + GST

Best Suited For

Travel | Dining | Shopping

Reward Type

Reward Points

Welcome Benefits

Complimentary Membership of Club Marriott, Swiggy One and Amazon Prime (On Spends of Rs. 1.5 Lakh Within 90 Days of Card Issuance)

A super-premium credit card, the HDFC Bank Diners Club Black Credit Card attracts customers not only due to its exclusive reward programs but also with its other exciting benefits, including travel, dining, concierge services, etc. The list of its key features includes:

  • For every Rs. 150 that you spend using this credit card, you will be rewarded with 5 Reward Points.
  • While spending on travel through SmartBuy, you can get up to 50 Reward Points.
  • Access to 6 complimentary golf games every quarter.
  • Complimentary unlimited airport lounge access.
  • Low foreign currency markup fee.
Bank of Baroda Eterna Credit Card

(4.7/5)

Joining Fee

Rs. 2,499 + GST

Renewal Fee

Rs. 2,499 + GST

Best Suited For

Shopping

Reward Type

Reward Points

Welcome Benefits

6-month FitPass Pro membership worth Rs. 15,000 and 10,000 bonus reward points.

Issued by the Bank of Baroda, the BoB ETERNA Credit Card comes with great Reward programs providing Reward Points on all your spends and accelerated Reward Points on selected categories. Along with earning the regular rewards, you can avail of several other benefits with this card, some of which include:

  • 15 Reward Points per Rs. 100 on shopping, travel, dining, and movie spends (reward rate of 3.75% as 1 RP = Rs. 0.25).
  • 3 reward points on all other spendings with the card (reward rate of 0.75%).
  • Complimentary FitPass Pro membership worth Rs. 15,000.
  • Complimentary golf rounds.
  • Up to 20,000 bonus Reward Points on achieving the milestone spend.
  • Accidental death cover worth Rs. 1 crore.
  • 1% fuel surcharge waiver.
Yes Bank First Exclusive/RESERV Credit Card

(4.5/5)

Joining Fee

Rs. 1,999 + GST

Renewal Fee

Rs. 1,999 + GST

Best Suited For

Travel | Shopping

Reward Type

Reward Points

Welcome Benefits

N/A

The YES First Exclusive Credit Card, being a premium credit card, offers exciting benefits along with Reward Points. The card extends a chance to the cardholders to earn 40,000 Reward Points and rewards you for everything you do using it. The card has various other benefits, some of which are:

  • 6 Reward Points per Rs. 200 on spends in select categories- transportation fares (bus tickets/ taxicab fare, etc), utility bill payments, grocery purchases, insurance premium payments, school/college fees payments, tax and toll payments and a few other miscellaneous transactions and 12 Reward Points per Rs. 200 on all other spends categories.
  • 10X Reward Points on categories like Amazon, Myntra, Flipkart, TataCliq, and domestic/international flight bookings through YES Cart.
  • 30,000 bonus reward Points each year on card renewal.
  • Once you have reached the milestone spending limit, you will get up to 20,000 additional bonus Reward Points.
  • Complimentary Priority Pass membership.
  • Unlimited visits to the international airport lounges.
  • Complimentary golf games up to 4 times a year.
  • Low foreign currency markup fee.
  • Exclusive insurance benefits.

Reward Point Structure of Popular Credit Cards in India

All the cards we read about above are reward credit cards, so you are bound to be rewarded almost every time you spend money using these cards. All these cards offer you reward points at different rates, and you can redeem them for products or vouchers, air miles, cashback, and more. Let’s check out the reward points offered by these credit cards –

Credit Card Reward Points Value of 1 Reward Point Maximum Reward Rate
American Express Platinum Credit Card
  • 5 Membership Reward Points per Rs. 40 spent on Rewards Multiplier Program.
  • 3 Reward Points per international spend of Rs. 40.
  • 1 Reward Point per Rs. 40 spent elsewhere.
Re. 0.25 3.125%
HDFC Bank Infinia Credit Card 5 Reward Points per retail spend of Rs. 150.
  • Re. 1 for flight/hotel bookings via Smartbuy.
  • Re. 0.50 for products & vouchers.
  • Re. 0.30 for Cashback.
3.3%
Axis Bank Magnus Credit Card
  • 24 Edge Rewards per Rs. 200 spent on the Yatra, MakeMyTrip, Goibibo, etc.
  • 12 Edge Rewards per Rs. 200 spent elsewhere.
Re. 0.20 2.4%
Standard Chartered Ultimate Credit Card 5 Reward Points per Rs. 150 spent. Re. 1 3.33%
HDFC Diners Club Black Metal Credit Card 5 Reward Points per Rs. 150 spent elsewhere.
  • Re. 1 for flight/hotel bookings via Smartbuy.
  • Re. 0.50 for products & vouchers.
  • Re. 0.30 for Cashback.
3.3%
BoB Eterna Credit Card
  • 15 Reward Points per Rs. 100 spent on travel, dining, online shopping & international transactions.
  • 3 Reward Points per Rs. 100 spent
Re. 0.25 3.75%
ICICI Bank Sapphiro Credit Card
  • Up to 3 PAYBACK Points per domestic spend of Rs. 100.
  • Up to 6 PAYBACK points per international spend of Rs. 100.
Re. 0.25 1.5%
Axis Bank Select Credit Card
  • 20 Edge Rewards per Rs. 200 spent on retail shopping.
  • 10 Reward Points per Rs. 200 spent elsewhere.
Re. 0.20 2%
SBI SimplyCLICK Credit Card
  • 10 Reward Points per Rs. 100 spent on Apollo 24×7/BookMyShow, Cleartrip, Dominos, Myntra, Netmeds, Swiggy, and Yatra.
  • 5 Reward Points on every online spend of Rs. 100.
  • 1 Reward Point per Rs. 100 spent elsewhere.
Re. 0.25 2.5%
American Express SmartEarn Credit Card
  • 10 Membership Rewards per Rs. 50 spent on Zomato, Ajio, Nykaa, BookMyShow, Uber, and many more
  • 5 Membership Reward per Rs. 50 spent on Amazon and Paytm Wallet
  • 1 membership Reward per Rs. 50 spent elsewhere.
Re. 0.25. 5%
Axis Bank Rewards Credit Card
  • 2 EDGE reward points per Rs. 125 spent.
  • 10x EDGE reward points per Rs. 125 spent on apparel and departmental stores.
  • 1 RP = Rs. 0.20 when paying with points
  • 10 RPs = 1 Airmile
16%
IDFC FIRST Select Credit Card
  • 10 Reward Points per Rs. 100 spends on purchases over Rs. 20,000
  • 6 Reward Points per Rs. 100 spent on online shopping.
  • 3 Reward Points per Rs. 100 spent elsewhere.
Re. 0.25 2.5%
RBL Bank Shoprite Credit Card
  • 20 Reward Points per Rs. 100 spent on groceries.
  • 1 Reward Point per Rs. 100 spent elsewhere.
Re. 0.25 5%
Standard Chartered Rewards Credit Card
  • 4x reward points on your retail spends per Rs. 150
  • 1x reward points on government and insurance spends per Rs. 150
  • 4x reward points on all other spends once you cross the monthly spend milestone.
  • 1 RP = Rs. 0.25 against the Rewards catalog
  • 1 RP = Rs. 0.20 against the statement balance
2.6

What Are Rewards Credit Cards?

Reward Credit Cards are the special type of cards that earn you rewards in the form of reward points, air miles, payback points, etc., on the basis of your spending. For example, a reward credit card can provide you with 10 Reward Points per Rs. 100 you spend, and another card can earn you 5 Air Miles per Rs. 150 you spend.

The rewards you earn can be more or less depending on the categories where you spend. You can earn 1 Reward Point per Rs. 100 for a particular category & 5 Reward Points for spending on another category with the same credit card. The reward rate or the benefit you get in percentage can be calculated with the value of 1 Reward point, which may be different for each credit card.

How Do Rewards Credit Cards Work?

Although all the rewards credit cards earn you rewards, the redemption of those rewards can vary for each and every Rewards credit card. Some cards may allow you to redeem against anything you want, and some may have specific categories to redeem the Reward Points for. One more thing to keep in mind here is that a card doesn’t need to provide 10 reward points per Rs. 100 is better than a card providing 5 Reward Points on spending Rs. 100.

It is because the value of 1 Reward Point can be different for each card. Let’s say in the first card (providing 10 Reward Points), 1 RP = Re. 0.20, and in the second card, 1 RP = Re. 0.50, then the one providing fewer reward points actually gives you more benefit. Moreover, with the Rewards credit cards, you can earn accelerated Reward Points in some categories. Along with these regular rewards, these cards also get welcome benefits in the form of bonus reward points and milestone benefits on spending a particular amount within a pre-specified time period.

Advantages of Rewards Credit Cards

If used carefully and wisely, Rewards credit cards can be a lot more advantageous than they seem to be. Following is a list of benefits of having a rewards credit card:

  • Everyone can afford rewards credit cards as many of these cards come with a low/no annual fee.
  • On every purchase that you make using your card, you can save generously. (except for a few transactions).
  • Rewards credit cards offer exciting welcome and renewal bonuses.
  • Redemption of reward points can be done against a lot of categories, including shopping, travel-related bookings, vouchers, and even cash back.
  • Rewards credit cards don’t only provide reward points but may offer several other exciting benefits, including movie & dining benefits, travel privileges, insurance benefits, fuel benefits, and many more.

How To Redeem Credit Card Reward Points?

Every credit card can have a different process for reward redemption, depending on the card issuer. Some banks/card issuers have a separate portal for reward redemption, whereas others allow their customers to redeem the points through Net banking. Moreover, the categories against which the reward points can be redeemed can be different for different cards. These categories can be flight/hotel bookings, shopping, gift vouchers, and many more. Not all, but some card issuers even allow you to reward points against your statement balance. While redeeming your reward points, you must keep a few things in mind, which are as mentioned below:

  • Make sure that you are redeeming your points against a category on which the value of reward points is maximum. Some card issuers offer the same value of reward points for redemption against any category, but many issuers have kept different values of reward points for redemption against different categories. So, you should check for these values before redeeming your points so that you can make the best use of your earned points.
  • Check for the reward redemption fee before proceeding further with the reward redemption process, and make sure that it is not more than the value of the reward points you are redeeming.
  • Reward points don’t exist forever, but they generally expire after a certain period. Hence, you must have knowledge about the validity of your reward points so that you can redeem them before they expire unused.

How To Maximize Credit Card Reward Points?

By owning a rewards credit card, you might be of the notion that you are enjoying the perks to the maximum, but most probably, you are not doing so. Rewards credit cards don’t only earn you reward points on regular spends, but there are many more ways of earning thousands of reward points through these cards. If your card provides welcome benefits in the form of bonus reward points, which you can earn by fulfilling some required conditions like paying a joining fee or making your first transaction within 30 days or anything else, Some credit cards even offer exclusive welcome benefits as soon as you pay the joining fee. Other than the welcome bonus, you can earn a lot of reward points under the milestone credit card programs. To avail of the milestone benefits of a credit card, you have to achieve the minimum required threshold amount within a given time period, and you can earn thousands of points every year. Other than all this, you should keep checking for short-term spend-based offers to maximize your credit card rewards. Again, the most important thing to keep in mind is to choose a credit card according to your needs. Write down the categories on which you spend the most on the basis of your spending pattern, and then look for a credit card that will provide you the utmost benefits in that particular category.

Moreover, another important thing to consider here is your payment behavior. You should always pay your bills on time and pay them in full each month. Some people think that making only the minimum payments will be enough, but that is not true. It doesn’t only invite high interest charges but can affect your credit score as well. You should make a note that you are not being charged interest more than the value of reward points you earn if you want to maximize the benefits of your rewards credit card.

How to Choose The Best Rewards Credit Card for Yourself?

Before choosing a Rewards Credit Card, you must keep the following points in mind:

  • You should analyze your spend behavior and find out the categories in which your spending is the maximum. It is because various cards provide accelerated Reward points in some categories, and you should choose the one that provides the most Reward Points in the categories where you spend the most.
  • Compare the fees & other charges of the credit cards and go with the one that can fulfill your requirements with minimum charges.
  • It is really important to check where you can redeem earned reward points using a particular credit card because it doesn’t make any sense if you earn thousands of points and can not redeem them against anything you require.
  • Check the validity of Reward Points and the maximum cap on the rewards you can earn.

Bottom Line

Almost every credit card comes with some or the other reward offers, but you need to choose the one that suits your requirements. Find out where you spend the most, compare credit cards based on their fees and benefits, and then opt for the one that seems to fulfill most of your requirements. Choosing the right credit card is just the first step when you step into the world of credit cards. To make your credit journey smooth and rewarding, you will have to ensure that you use your card in a sensible manner and pay all the dues on time. No matter how many reward points you earn, you will not get the maximum benefit until you have a habit of paying your credit card bill in full each month without delaying it. Also, make sure to redeem your reward points wisely. It might take a bit of research, but in the end, you will be able to avail of the maximum benefits only if you make a wise choice while opting for a credit card.

FAQs:

Reward Credit Cards offer you with reward points every time you use your card for a transaction. These reward points can be later redeemed for a number of options including, gift vouchers, discount coupons, against purchases, and a lot more.
Reward Credit cards offer rewards in the form of points/miles for every transaction done with the card. For example, if your card offer 5 reward points for every Rs. 100 spent with the card, then for a transaction of Rs. 500 you will earn 25 reward points.
Although all the credit cards mentioned above are among the top rewards credit cards in India, the following two are the best out of them:In Premium Credit Cards - HDFC Infinia Credit Card.In Retail Credit Cards - SBI SimplyCLICK Credit Card.
Some of the Best Rewards Credit Cards with an annual fee of less than Rs. 1,000 are:SBI SimplyCLICK Credit Card - Rs. 499

HDFC Bank Diners Club Black Metal Edition Credit Card

- Rs. 495IDFC FIRST Select Credit Card - NilRBL Bank Shoprite Credit Card - Rs. 500
You can avail of 1 complimentary lounge visit every month with your Standard Chartered Ultimate Credit Card if you spend Rs. 20,000 or more in the previous month.

3 Comments

  1. Shristi Thakur Reply

    I think for rewards SBI SimplyClick Credit Card is one of the best choice where it provides Rs. 500 Amazon voucher on payment of an annual fee of Rs. 499. 10X reward points on online spends with Apollo 24/7, BMS, Cleartrip, Dominos, Eazydiner, Myntra and Yatra. Whereas, 5X Reward points on all online spends.

  2. Reetu Reply

    Credit Card Rewards are beautiful
    Just got this text.
    You’re eligible for a complimentary Business Class ticket voucher with Axis Bank Vistara Credit Card. Log into your CV A/c to generate the voucher by 26-06-24.
    But ensure never fall in to trap of debt and only divert expenditure which you otherwise do via cash or UPI to reward cards

  3. Sachin Sharma Reply

    Apply For Lifetime Free IDFC Select Credit Card which comes with great features and rewards including:
    Rs 500 gift voucher on joining
    Personal Accidental Cover of up to Rs. 10,00,000
    Earn up to 10X Rewards on online transactions
    Upto 20% off on movie tickets
    Get 5% Cashback On First EMI
    Best part is IDFC Bank provides great service, every time you buy something, you will get points that never expire!

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