- Reward rate (points / ₹100) How base earn rate works for points cards — definition and worked example.
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Cashback vs reward points — what's the difference?
Real comparison (same spend)
₹10,000 spendAt ₹10,000 of eligible base spend (ignoring caps in this slice):
- Cashback lead: not enough verified cashback data yet — check back as more cards are added.
- Points lead: not enough verified data yet — check back as more cards are added.
We don't yet have enough verified cashback data for this list. Check back as more cards are added.
We don't yet have enough verified reward rate data for this list.
Where to go next
Learn moreCashback cards return a percentage of your spend directly (e.g. 2% back = ₹200 on ₹10,000 spent). Reward points cards give points per ₹100 that you redeem later — the rupee value per point depends on how and where you redeem. Don't compare a '5%' cashback card to a '5 pts/₹100' card without checking what one point is actually worth.
Both types have caps, exclusion categories, and terms that change. Always verify with the issuer.
Why they can't be directly compared
Two different unitsCashback is a percentage — easy to calculate. Reward points have a redemption value that varies by card and partner. A card giving 10 pts/₹100 at 0.25 rupees per point is worth 2.5% back. At 0.10 rupees per point it's 1% back. The number of points alone tells you nothing without the redemption rate.
flat percent back vs points, redemption value matters, do not equate numbers