Best Reward Points Credit Cards

147 cards in this category

Reward points cards let you accumulate points on every purchase which can be redeemed for flights, merchandise, statement credits or gift cards. The best reward cards in India offer 2–33 points per ₹100 spent with point values ranging from ₹0.25 to ₹1 each.

2026 Comparison Matrix

Top Ranked Best Reward Points Credit Cards

Verified Bank MITC Terms
Side-by-side comparisonSwipe right for full table
Rank & Credit CardCardCheck ScoreAnnual FeeTop Category PerkQuick Action
HSBC Premier Credit Card
#1 HSBC Bank#1 Leader
HSBC Premier
91/100
Elite
FreeStandard fee
Up to 5% rewards on top categories
IDFC FIRST Wealth Credit Card
#2 IDFC FIRST Bank
IDFC FIRST Wealth
91/100
Elite
FreeStandard fee
Up to 5% rewards on top categories
IDFC FIRST Select Credit Card
#3 IDFC FIRST Bank
IDFC FIRST Select
88/100
Excellent
FreeStandard fee
Up to 5% rewards on top categories
AU LIT Credit Card
#4 AU Small Finance Bank
AU LIT
87/100
Excellent
FreeStandard fee
Up to 10% rewards on top categories
Axis Bank Reserve Credit Card
#5 Axis Bank
Axis Bank Reserve
87/100
Excellent
₹50,000Standard fee
Up to 10% rewards on top categories

147 cards found

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Frequently asked questions

How do I maximize reward points on my credit card?
Use your card for all daily purchases, pay attention to accelerated reward partners (e.g. 5x or 10x points), and redeem points for high-value items like air miles or hotel bookings rather than cash statement credit.
Do credit card reward points expire?
Yes. Most banks set an expiration date on reward points, typically 2 to 3 years from the date they were earned.
What is the best way to redeem reward points?
Transferring points to airline frequent flyer programs or hotel loyalty programs generally provides the highest value per point.