#1₹936/yr
IndusInd Legend Credit Card
1 reward point/₹100 · First Card / Entry
Best net value on this list — about ₹936/yr in your pocket after fees on typical spends.
First Card / Entry·AU Small Finance Bank
AU Altura+ — 1.5% offline retail cashback and railway lounge access at ₹499/year.
Age 21–60 · From ₹15,000/mo income · Unsecured
Key Benefits
All 13 benefits →Offline retail
1.5% cashback
₹100/billing cycle
Online
2 RP/₹150
Utilities / telecom / insurance
1 RP/₹150
Railway lounge
8 visits/year
Zero sales calls. Ever.
Caps & exclusions verified · 2026-09-24
At the bank: You complete the application on their website. The bank may follow up on that application — CardHungry never calls or texts you.
We earn commission if approved — at no cost to you.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: AU myaucard SoC — ₹499 waived at ₹80k; 1.5% offline cashback
Low income threshold, easy approval
Visa/Mastercard — UPI credit not supported.
UPI credit uses RuPay-linked cards on apps like GPay, PhonePe, and Paytm. Rates and exclusions follow issuer MITC — verify before relying on UPI for rewards.
Source: AU myaucard SoC — ₹499 waived at ₹80k; 1.5% offline cashback
Offline retail
1.5% cashback
Cap: ₹100/billing cycle
Example: ₹100/mo spend → ≈ ₹1.50/mo (max at cap)
Online
2 RP/₹150
Utilities / telecom / insurance
1 RP/₹150
Railway lounge
8 visits/year
Fee waiver
₹80,000 annual spend
Fee waiver at
₹80,000 annual spend
Lounge access
8 complimentary railway lounge visits per year
Spend criteria: No minimum spend required for lounge access
See worked examples of how points convert to cash value
online shopping — 3 pts per ₹150 spend
You spend
₹10,000
You earn
200 pts
Worth ≈
₹50
@ ₹0.25/point
utilities — 1.5 pts per ₹150 spend
You spend
₹10,000
You earn
100 pts
Worth ≈
₹25
@ ₹0.25/point
all — 1.5 pts per ₹150 spend
You spend
₹10,000
You earn
100 pts
Worth ≈
₹25
@ ₹0.25/point
Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹0.25/pt in calculations.
Based on moderate spend for this market
Est. net annual
₹540
per year
Annual fee
Free
per year
Effective return
0.1%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹499 · Forex 3.5% on international transactions — tap for full fees
Joining fee
Charged in first year · Bank-listed face fee (ex-GST). NAV math uses face × 1.18 GST.
₹499
Annual / renewal fee
Waived on ₹80,000 annual spend
₹499
Forex markup
3.5% on international transactions
Finance charges
≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid
Late payment fee
₹400–₹1,300 depending on statement balance — always pay on time
Reward redemption fee
Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee
Example: moderate user · Steady year
Signup bonus is excluded here — switch to Year 1 on the hero or open the calculator for first-year value.
Formulas and assumptions: How we calculate NAV
21–60 years · ₹15,000/mo — tap for full criteria
Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.
At moderate spend (₹31,000/mo), gross rewards are about ₹960/year. After the ₹499 annual fee, net value is approximately ₹540/year. Use the calculator above to model your own spends.
₹15,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Fuel, Rent.
Deeper rankings and comparisons for similar use cases.
IndusInd Legend Credit Card
1 reward point/₹100 · First Card / Entry
Best net value on this list — about ₹936/yr in your pocket after fees on typical spends.
AU LIT Credit Card
1 RP/₹100 · First Card / Entry
Strong runner-up at ₹156/yr net — roughly ₹780 behind #1 on the same spend mix.
ICICI Platinum Chip
1 RP/₹150 · First Card / Entry
Worth a look — -₹36/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
