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Credit Card Rewards Calculator

See which card gives you maximum rewards based on your spending.

Monthly Spending

🛒
🍽️
✈️
🛍️
💡
💳
Total Monthly Spend₹46,000

Select Cards to Compare (up to 4)


Annual Rewards Comparison

🏆HDFC Millennia

Best for your spending: ₹12,760/year (2.3% effective)

HDFC MillenniaHDFCBest
Fee: ₹1000 (waived ✓)
₹12,760
net value/year
🛒
3,000
600
🍽️
3,000
✈️
360
🛍️
4,000
💡
600
💳
1,200
Effective reward rate2.3%
Flipkart Axis BankAxis
Fee: ₹500 (waived ✓)
₹12,180
net value/year
🛒
1,800
900
🍽️
2,400
✈️
540
🛍️
3,840
💡
900
💳
1,800
Effective reward rate2.2%
Amazon Pay ICICIICICI
Fee: ₹0
₹9,240
net value/year
🛒
2,400
600
🍽️
1,200
✈️
360
🛍️
2,880
💡
600
💳
1,200
Effective reward rate1.7%

💡 Tips to Maximize Rewards

  • • Use category-specific cards for high-spend areas
  • • Stack with bank offers and partner discounts for extra savings
  • • Time large purchases to hit fee-waiver thresholds
  • • Premium cards often include lounge access worth ₹2K-5K/year

Reward rates are approximate and may vary. Check issuer's website for current terms. Does not include churning bonuses, welcome offers, or limited-time promotions.

Maximize Your Credit Card Rewards

Credit cards offer rewards in various forms - cashback, reward points, air miles, or vouchers. Choosing the right card based on your spending pattern can save you thousands annually.

Key Insight: The "best" credit card isn't the one with the highest reward rate, but the one that aligns with YOUR spending categories.

Types of Reward Cards

💰 Cashback Cards
Direct percentage back on spending (1-5%). Simple and straightforward.
🎁 Reward Points
Earn points to redeem for products, vouchers, or statement credit.
✈️ Travel Cards
Earn air miles, lounge access, and travel benefits.
🏪 Co-Branded Cards
Extra rewards on specific brands (Amazon, Flipkart, etc.).

Smart Reward Strategy

Use Multiple Cards for Different Categories:

  • Groceries: Use cards with 5% cashback on supermarkets
  • Dining: Premium cards often give 10x points on restaurants
  • Travel: Use travel cards for flights/hotels to earn miles
  • Online Shopping: Co-branded cards (Amazon Pay, Flipkart Axis)
  • Everything Else: Flat 1.5-2% cashback card

⚠️ Watch Out For

  • Annual Fees: Ensure rewards earned exceed the fee (₹500-₹10,000)
  • Interest Charges: Carrying a balance wipes out all rewards instantly
  • Reward Caps: Many cards cap rewards at ₹500-₹1000/month
  • Expiry: Points often expire in 2-3 years if not redeemed
  • Devaluation: Reward value can be reduced without notice

💡 Pro Tips

  • 1.Always pay full balance - interest charges negate all rewards
  • 2.Use reward portals for online shopping (extra 2-10x points)
  • 3.Redeem points for statement credit or travel (best value)
  • 4.Avoid redeeming for merchandise (poor value, 0.2-0.3₹/point)
  • 5.Track spending to ensure you hit milestone bonuses