Value Back Cards

Rewards Credit Cards

Earn points on every swipe. Explore accelerated reward multipliers on shopping, dining, international bookings, and redeem points for air miles, vouchers, and statements.

Accelerated Multipliers

Get 5x or 10x reward points on online shopping platforms, dining transactions, and travel purchases.

Flexible Redemption

Redeem accumulated reward points online for flight tickets, shopping gift vouchers, or statement balances.

Milestone Bonuses

Unlock massive bonus points (up to 20,000 extra points) when you cross seasonal spending thresholds.

Points System

How Do Reward Points Add Value?

Reward points cards are highly profitable financial tools if you understand how to utilize point redemption structures:

Point Ratios: Most cards award a standard number of points (e.g. 2 points) for every ₹100 or ₹150 spent. Co-branded merchant partnerships often accelerate this rate significantly.
Point Values: The monetary value of 1 reward point varies depending on card tiers. Entry cards range from ₹0.20 to ₹0.25 per point, while premium travel cards value points up to ₹1.00 when redeemed for air miles.
Reward Catalogs: Bank portals host extensive catalogs featuring lifestyle items, gadgets, or voucher codes from top merchants (Amazon, Flipkart, Myntra) to spend points on.

Air Miles

Travel Miles Redemptions

Premium rewards cards allow you to convert your bank points directly into partner airline miles (such as InterMiles, Vistara, or Singapore Airlines). This conversion often grants the maximum value-back ratio, sometimes up to ₹1.00 per point.

✔ Convert points to airline miles easily
✔ Waiver of fuel surcharge margins
✔ Lifetime validity options on premium cards

FAQs

Frequently Asked Questions

Find immediate answers regarding credit card reward points.

Do credit card reward points expire?

Yes. On most standard credit cards in India, reward points expire after a specific period (usually 2 to 3 years from the date they are credited to your account). Premium card variants sometimes offer non-expiring points.

What is a redemption charge?

Many banks levy a nominal point redemption fee (usually around ₹99 + GST) each time you redeem your accumulated reward points for gift vouchers, flight bookings, or physical merchandise from their portal.

How can I maximize my reward points?

You can maximize points by swiping your card on accelerated partner merchants (often offering 5x to 10x points), paying utility bills through the bank's portal, and timing your major purchases to cross annual spending milestones.