Best Reward Points Credit Cards

151 cards in this category•Updated September 2026•Verified against Bank MITC

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 CardReward ScoreAnnual FeeTop Category PerkQuick Action
Scapia Federal Bank Credit Card
#1 Federal Bank#1 Leader
Scapia
94/100
Elite
FreeStandard fee
Up to 10% rewards on top categories
IndusInd Bank Tiger Credit Card
#2 IndusInd Bank
IndusInd Bank Tiger
91/100
Elite
FreeStandard fee
Up to 6% rewards on top categories
Scapia Axis Bank Credit Card
#3 Axis Bank
Scapia
90/100
Elite
FreeStandard fee
Up to 4% rewards on top categories
Axis Bank Reserve Credit Card
#4 Axis Bank
Axis Bank Reserve
87/100
Excellent
₹50,000Waived @ ₹35,00,000/yr
Up to 10% rewards on top categories
IndusInd Bank Crest Credit Card
#5 IndusInd Bank
IndusInd Bank Crest
86/100
Excellent
₹50,000Waived @ ₹30,00,000/yr
Up to 5% rewards on top categories

151 cards found

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.