Credit Card Rewards Calculator

On most Indian cards a point is worth 20 to 25 paise. Some premium and travel cards value a point at 50 paise to 1 rupee, usually when you redeem for flights or hotels. Each card states its own value in its rewards terms, and the table on this page shows it for popular cards.

Multiply the points by the value of one point. 10,000 points at 25 paise are worth 2,500 rupees. To compare a points card with a cashback card, multiply the points earned per 100 rupees by the value of a point: 4 points per 100 rupees at 25 paise is 1 rupee back per 100 rupees spent, a 1% reward.

Divide the rupee value of something in the rewards catalogue by the points it costs. A 1,000 point voucher worth Rs 250 makes a point worth 25 paise. Cards vary enormously: airline transfers can be worth over a rupee a point, while catalogue merchandise is often under 20 paise.

Because the advertised figure counts points, not their value. Five points per Rs 100 sounds like 5%, but at 25 paise a point it is 1.25%. The rate shown here is the one that would appear on your bank statement if the reward were cash.

Not automatically. Many fees are waived on crossing a spend threshold, and closing an old card shortens your credit history and cuts your total limit, both of which can lower your score. Downgrading to a free variant of the same card usually keeps the history and drops the fee.

Not in this calculation, deliberately. A joining bonus is once and the fee is every year, so including it makes year one look permanent. If the bonus decides it for you, compare it against the fee for a single year only.