Best Reward Points Credit Cards
Explore top cards like the HDFC Bank INFINIA Metal Credit Card, IDFC FIRST Wealth Credit Card, YES FIRST Business Credit Card, HDFC Bank Regalia Credit Card, and 44 more.
48 Cards Found
HDFC Bank INFINIA Metal Credit Card
Joining Fee:
₹12,500 + GST
Renewal Fee:
₹12,500 + GST
Reward Type:
Reward Points
IDFC FIRST Wealth Credit Card
Joining Fee:
Lifetime Free
Renewal Fee:
Lifetime Free
Reward Type:
Reward Points
YES FIRST Business Credit Card
Joining Fee:
₹999 + GST
Renewal Fee:
₹999 + GST
Reward Type:
Reward Points
HDFC Bank Regalia Credit Card
Joining Fee:
₹2,500 + GST
Renewal Fee:
₹2,500 + GST
Reward Type:
Reward Points
HDFC Bank Regalia Gold Credit Card
Joining Fee:
₹2,500 + GST
Renewal Fee:
₹2,500 + GST
Reward Type:
Reward Points
HDFC Business Regalia Credit Card
Joining Fee:
₹2,500 + GST
Renewal Fee:
₹2,500 + GST
Reward Type:
Reward Points
HDFC Bank Diners Club Black Metal Edition Credit Card
Joining Fee:
₹10,000 + GST
Renewal Fee:
₹10,000 + GST
Reward Type:
Reward Points
HDFC Bank Regalia First Credit Card
Joining Fee:
₹1,000 + GST
Renewal Fee:
₹1,000 + GST
Reward Type:
Reward Points
HDFC Bank Titanium Edge Credit Card
Joining Fee:
Lifetime Free
Renewal Fee:
Lifetime Free
Reward Type:
Reward Points
IRCTC SBI Card Premier
Joining Fee:
₹1,499 + GST
Renewal Fee:
₹1,499 + GST
Reward Type:
Reward Points
BPCL SBI Credit Card
Joining Fee:
₹499 + GST
Renewal Fee:
₹499 + GST
Reward Type:
Reward Points
6E Rewards – IndiGo HDFC Bank Credit Card
Joining Fee:
₹500 + GST
Renewal Fee:
₹500 + GST
Reward Type:
Reward Points
Reward Points Credit Cards - Compared Across Fee Tiers
Reward points cards span the widest fee range of any card type in India - from genuinely free entry cards to ₹12,500+ flagship products. The right pick depends less on the headline "reward rate" and more on what you'll actually redeem points for, and whether your spend level justifies stepping up a fee tier.
Free Tier: Start Here If You're New to Reward Points
IDFC FIRST Classic and IDFC FIRST Millennia (from IDFC FIRST Bank), and AU Bank LIT (from AU Small Finance Bank), all charge zero joining and renewal fees for life while still earning genuine reward points - a sensible starting point before committing to a fee-bearing card.
Mid Tier: Worth It Once Your Spend Justifies the Fee
SBI SimplyCLICK (from State Bank of India, ₹499) rewards online shopping specifically; HDFC Regalia (from HDFC Bank, ₹2,500) and ICICI Sapphiro (from ICICI Bank, ₹6,500) step up into broader travel and lifestyle benefits including lounge access - the fee only pays for itself with consistent monthly spend well above the entry tier.
Flagship Tier: For High, Consistent Spenders
HDFC Infinia Metal and Axis Bank Magnus (from Axis Bank) both charge ₹12,500 + GST and deliver the strongest reward rates and travel benefits in this list, including premium airline/hotel transfer partnerships - these only make financial sense at high, sustained spend levels where the transfer value genuinely exceeds the fee.
Reward Points Cards by Fee Tier
| Card | Fee | Reward Type | Best For |
|---|---|---|---|
| IDFC FIRST Classic Credit Card | Lifetime Free | Reward Points | Zero-cost entry into reward points earning |
| IDFC FIRST Millennia Credit Card | Lifetime Free | Reward Points | Free card with a stronger benefit set |
| AU Bank LIT Credit Card | Lifetime Free | Reward Points, Cashback | Customisable accelerated categories |
| SBI SimplyCLICK Credit Card | ₹499 + GST | Reward Points | Online-shopping-focused reward earning |
| HDFC Bank Regalia Credit Card | ₹2,500 + GST | Reward Points | Mid-premium travel and lifestyle rewards |
| ICICI Bank Sapphiro Credit Card | ₹6,500 + GST | Reward Points | Upper-mid premium with lounge access |
| HDFC Bank INFINIA Metal Credit Card | ₹12,500 + GST | Reward Points | Flagship, highest reward rate and travel perks |
| Axis Bank Magnus Credit Card | ₹12,500 + GST | Reward Points | Flagship alternative, strong transfer partners |
How to Choose
Reward points only matter if you'll actually redeem them
A high headline reward rate is worthless if points expire unused or the redemption catalogue doesn't have anything you want. Before choosing a reward-points card over a simpler cashback card, check what the points are redeemable for (vouchers, merchandise, travel, statement credit) and whether that matches how you'd realistically use them.
Compare the actual redemption value per point, not just points earned
Different issuers value a reward point differently at redemption - some are worth ₹0.25 each for merchandise but ₹1+ when transferred to an airline/hotel partner. A card that earns fewer points but redeems at a higher rate can out-value one that earns more points at a lower redemption rate.
Match the fee tier to how much you'll realistically spend
IDFC FIRST Classic and Millennia (zero fee) suit low-to-moderate spenders who want reward points without any cost commitment. Mid-tier cards like SBI SimplySAVE (₹499) and HDFC Regalia (₹2,500) make sense once your spend justifies the fee via a stronger earn rate; premium cards like HDFC Infinia and Axis Magnus (₹12,500) only pay off at high, consistent spend levels.
Check whether points can be transferred to airline/hotel partners
Premium reward-points cards often let you transfer points to airline frequent-flyer or hotel loyalty programmes at a fixed ratio - this is usually where the real redemption value lies for frequent travellers, well above simple catalogue-voucher redemptions.