Best-of list

Best reward points credit cards

Points earned on every spend and converted by you — to air miles, vouchers or statement credit. What a point is worth differs from card to card, so the conversion rate is on each card page.

6Cards
2Lifetime free
0With lounge
5Issuers

SBM Bank

SBM Novio Credit Card

Annual fee Lifetime free

6cards

Quick picks

Entry level · Rewards

SBM Bank

SBM Novio Credit Card

SBM Novio Credit Card (formerly SBM Credilio Credit Card) is India's most accessible FD-backed lifetime-free RuPay secured credit card.

Best forGuaranteed Approval
Instantapproval
Fuel surchargewaiver

Annual fee

Lifetime free

Joining feeNil

Apply now View details

Reward rate: Up to 10 pts per ₹100
Forex markup: 2.49%
Lounge access: None
Interest: Not published
Credit score: Not required

Heads-up: This card is secured against a fixed deposit of Rs. 2,000 or more. The deposit is locked for as long as the card is held.

Entry level · Rewards

Yes Bank

YES Bank ACE Credit Card

An entry-level rewards card at a 2.75% forex markup, below the usual 3.5%.

Best for8X Rewards on Online Spends
₹500welcome voucher
Fuel surchargewaiver

Annual fee

₹499 + GST

Waived on ₹50k spend

Joining fee₹499 + GST

Apply now View details

Reward rate: 4X points per ₹200
Forex markup: 2.75%
Lounge access: None
Interest: Not published
Credit score: 700+

Heads-up: A Reward Point is worth about Rs. 0.25, so the headline multipliers convert at a quarter of their face value.

Entry level · Rewards

HSBC Bank

HSBC RuPay Platinum Credit Card

A genuinely lifetime-free rewards card whose points convert straight into air miles across fifteen travel partners.

Best forCollecting air miles without paying an annual fee for…
₹500welcome cashback
Fuel surchargewaiver

Annual fee

Lifetime free

Joining feeNil

Apply now View details

Reward rate: 2X points per ₹150
Forex markup: Not published
Lounge access: None
Interest: 45% p.a.
Credit score: 700+

Heads-up: 2 Reward Points per Rs. 150 is a modest base rate, and the value depends entirely on which airline or hotel programme the points are…

Everyday · Rewards

Kotak

Kotak League Platinum Credit Card

An entry-level rewards card whose real draw is the PVR milestone, not its reward rate.

Best for2X Reward Points on air travel, tour operators…
5,000 pointswelcome bonus
Fuel surchargewaiver

Annual fee

₹499 + GST

Waived on ₹50k spend

Joining fee₹499 + GST

Apply now View details

Reward rate: 8X points per ₹150
Forex markup: 3.5%
Lounge access: None
Interest: 45% p.a.
Credit score: 700+

Heads-up: A Reward Point redeems at about Rs. 0.07, so 8 points per Rs. 150 is an effective return of roughly 0.4%. The headline rate is not the…

Entry level · Rewards

State Bank

SBI SimplySAVE Credit Card

Ten points per hundred and fifty on dining, groceries and movies, on a Rs. 499 card.

Best for10X Rewards on Dining, Movies, Grocery & Departmental…
Fuel surchargewaiver
Low, Reversible Annual Fee

Annual fee

₹499 + GST

Joining fee₹499 + GST

Apply now View details

Reward rate: 10X points per ₹150
Forex markup: 3.5%
Lounge access: None
Interest: 45% p.a.
Credit score: 700+

Heads-up: 4 Reward Points are worth Re. 1, so 10 points per Rs. 150 is an effective 1.67% back and the base rate is about 0.17%.

Entry level · Rewards

State Bank

SBI SimplyCLICK Credit Card

Ten times the points on the partner brands, five on everything else online.

Best for10X Rewards at Popular Online Partners
₹500welcome voucher
Fuel surchargewaiver

Annual fee

₹499 + GST

Waived on ₹1L spend

Joining fee₹499 + GST

Apply now View details

Reward rate: Up to 25% rewards
Forex markup: 3.5%
Lounge access: None
Interest: 45% p.a.
Credit score: 700+

Heads-up: 4 Reward Points are worth Re. 1, so the 10X tier is an effective 2.5% back and the base rate is 0.25%.

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Check approval odds, track the fee dates, and see if switching from your current card pays.

How we rank

Every card we trackThe full catalogue, filterable by fee and perk.Will they approve me?Soft check against each bank’s published rules.Best card per purchaseFuel, dining, online — the winner changes.Switch calculatorNet gain after annual fees, on your spends.My walletFee-waiver countdowns for cards you hold.Shortlist & shareSave picks, send one link to anyone.

Best-of list

Best reward points credit cards

Points earned on every spend and converted by you — to air miles, vouchers or statement credit. What a point is worth differs from card to card, so the conversion rate is on each card page.