Points a credit card gives on your spends, which you can turn into vouchers, miles or a statement credit.
Cards earn points per ₹100 or ₹150 spent, often more in some categories. What matters is what one point is worth when you redeem it, which can range from ₹0.10 to ₹1 or more depending on the option chosen.
Many cards exclude fuel, rent, wallet loads and government payments, cap the points you can earn each month, and let points expire. The real reward rate is the points earned times the value of a point.
4 points per ₹150 at ₹0.25 a point is a 0.67% return.
Short reads that explain how it works before you decide.
GuidesNo-Cost EMI: What It Really Costs You, With a Worked ExampleNo-cost EMI is not a trick, but it is rarely free. Here is where the money goes: the discount you give up, the processing fee, and GST on the interest, worked out on a Rs 30,000 phone.Read the guide →Automatically organise your spending, track expenses and understand where your money goes.
