What annual fee range is covered on Reward rate: how points per ₹100 works?

Cards on this page range from ₹0 to ₹12,500 (based on the current snapshot).

What forex markup range is covered on Reward rate: how points per ₹100 works?

Forex markup on this page ranges from 0% to 3.5% (based on the current snapshot).

How many of these cards offer lounge access?

12 of 12 cards on this page have domestic lounge access on file (including unlimited where available).

Which card has the highest base reward rate on this page?

Axis Bank Magnus Credit Card is highest at ~5%, based on base earn rates in the current snapshot.

Reward rate: how points per ₹100 works

Reward rate is the number of points you earn per ₹100 spent at the base earn level — before category bonuses or partner accelerators. Higher is better. A card earning 5 pts/₹100 returns 500 points on ₹10,000 of everyday spend. Dining, fuel, or partner category rates are layered on top and vary by card.

Caps, exclusions, and the rupee value of one point still determine real returns — always check the issuer’s current terms.

Why points per ₹100?

Earn rate

Different issuers state earn rates on different bases — some say ‘2 pts per ₹100’, others ‘3 pts per ₹150’. Normalising everything to pts/₹100 lets you compare cards directly without doing the division yourself.

Example math

₹10,000 spend

At 6.67 pts / ₹100 (ICICI Bank HPCL Super Saver ), ₹10,000 earns 667 points at base rate — (10,000 ÷ 100) × 6.67 = 667. Category multipliers apply on top.

Strong published base reward rate (pts / ₹100, normalized)

12 cards

Start here

ICICI Bank HPCL Super Saver

Annual fee ₹500 · Forex 3.5% · 4/year domestic lounge

Other options

ICICI Bank Emeralde Annual fee ₹12,000 · Forex 2% · Unlimited lounge access
Axis Bank Magnus Annual fee ₹12,500 · Forex 2% · Unlimited lounge access
Axis Bank SELECT Annual fee ₹3,000 · Forex 3.5% · 8/year domestic lounge (2 per quarter)
HDFC Bank Infinia Annual fee ₹10,000 · Forex 2% · Unlimited lounge access
HDFC Bank Tata Neu Infinity RuPay Annual fee ₹1,499 · Forex 2% · 8/year domestic lounge (2 per quarter)
IDFC FIRST Bank Private Reserve Annual fee ₹0 · Forex 0% · Unlimited lounge access

Compare close options

Where to go next

Knowledge system

How this list is built

Only reward points cards are shown — cashback cards use a different unit (% back) and are not comparable on the same scale. Cards without a verified base earn rate are excluded. The list is sorted highest first.

Cashback vs reward points Why cashback % and points / ₹100 can't be directly compared — and how to think about both.
Best high reward credit cards Larger shortlist of top points-earning cards.
Best dining credit cards Effective earn rate for dining — base earn × category multiplier where available.
Forex markup (learn) The cost-side counterpart — lower is better, opposite to earn rate.

Quick compares