Rewards credit card FAQs
It depends on the bank and how you redeem. Some banks state a value, such as ₹0.25 or ₹1 per point. Where a bank states none we say so.
Best rewards credit cards
Rewards cards in India earn points per ₹100 or ₹200 spent, with more on travel, dining or partner brands. A point's value differs by bank and by how you redeem it, so compare the earn rate together with what a point is worth.
- Accelerated points on travel and dining
- Welcome benefits for new cardholders
- Redeem for flights, hotels or vouchers
How many points could you earn?
Enter your monthly spend to see estimated annual points for each card below.
Compare 11 rewards credit cards
| Card | Name and rating | Rewards program | Earn rate | Sign-up bonus | Annual fee | Est. points / yr | |
|---|---|---|---|---|---|---|---|
HDFC Bank •••• •••• •••• •••• Credit Card CompareVisa | NeuCoins (Tata Neu) | 5 NeuCoins per ₹100Uncapped | 1,499 pts | ₹1,499 | 14,999 ptsWorth ₹14,999 | ||
ICICI Bank •••• •••• •••• •••• Credit Card Compare | Amazon Pay ICICI Bank rewards (credited as Amazon Pay balance) | 5 reward points per ₹100Uncapped | — | ₹0 | 9,000 ptsWorth ₹9,000 | ||
Axis Bank •••• •••• •••• •••• Credit Card Compare | Axis Bank EDGE Miles | 2 EDGE Miles per ₹100Capped | 2,500 pts | ₹5,000 | 20,500 ptsWorth ₹20,500 | ||
IDFC FIRST Bank •••• •••• •••• •••• Credit Card Compare | IDFC FIRST Bank Reward Points | 10 Reward Points per ₹200Uncapped | — | ₹0 | 13,500 ptsWorth ₹3,375 | ||
HDFC Bank •••• •••• •••• •••• Credit Card Compare | HDFC Bank Reward Points | 5 Reward Points per ₹200Capped | — | ₹2,500 | 22,500 ptsWorth ₹11,250 | ||
ICICI Bank •••• •••• •••• •••• Credit Card Compare | ICICI Bank reward points | 2 reward points per ₹100Uncapped | — | ₹500 | 18,000 ptsWorth ₹4,500 | ||
Axis Bank •••• •••• •••• •••• Credit Card Compare | — | — | — | ₹0 | |||
HDFC Bank •••• •••• •••• •••• Credit Card Compare | — | — | 1,000 pts | ₹1,000 | |||
Kotak Mahindra Bank •••• •••• •••• •••• Credit Card Compare | — | — | — | ₹750 | |||
SBI Card •••• •••• •••• •••• Credit Card CompareVisa | — | — | — | ₹999 | |||
ICICI Bank •••• •••• •••• •••• Credit Card Compare | ICICI Bank reward points | 6 reward points per ₹200Uncapped | 12,500 pts | ₹12,499 | 39,500 ptsWorth ₹9,875 |
Rewards by the numbers
11
Cards compared
4,375 pts
Average sign-up bonus
0.05 pts per ₹1
Top earn rate
₹2,250
Average annual fee
How do rewards cards compare?
- Axis Bank Atlas Credit CardvsHDFC Bank Regalia Gold Credit Card
- Axis Bank Atlas Credit CardvsICICI Bank Coral Credit Card
- Axis Bank Atlas Credit CardvsIDFC FIRST Millennia Credit Card
- HDFC Bank Regalia Gold Credit CardvsICICI Bank Coral Credit Card
- HDFC Bank Regalia Gold Credit CardvsIDFC FIRST Millennia Credit Card
- ICICI Bank Coral Credit CardvsIDFC FIRST Millennia Credit Card
Build your own comparison
Choose 2 or 3 cards to compare side by side.
Questions and answers
Anonymous25 Jun 2026
Do rewards cards usually have a minimum monthly spend to earn points?
Credit Card CompareEditor26 Jun 2026
No minimum spend applies on most rewards cards: points accrue per dollar from the first transaction. A card's sign-up bonus is different and often does carry a minimum-spend condition within a set window, so check that separately from the ongoing earn rate.
Related card types
Sources
- Credit Card Compare
- How CardIQ scores cards