#1₹540/yr
AU Altura+ Credit Card
1.5% cashback · First Card / Entry
Best net value on this list — about ₹540/yr in your pocket after fees on typical spends.
Age 21–60 · From ₹20,000/mo income · Unsecured
First Card / Entry·Axis Bank
Lifetime-free Axis LIC Platinum — same earn shape as Signature, lower catalogue point value.
Age 21–60 · From ₹20,000/mo income · Unsecured
Key Benefits
All 7 benefits →LIC premium & forex
2 points / ₹100
Other eligible spends
1 point / ₹100
Fuel surcharge waiver
1% on ₹400–₹4,000
₹400/month
Annual fee
Free
Lifetime free
Zero sales calls. Ever.
Caps & exclusions verified · 2026-11-06
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: Axis LIC Platinum product page + LIC rewards catalogue (Platinum Amazon ₹1,000 ≈ 3,000 points → ₹0.33/pt).
Low income threshold, easy approval
Visa/Mastercard/Amex/Diners card — cannot be linked for UPI credit (QR scan) payments. Use the physical card or issuer app for online/POS spends instead.
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: Axis LIC Platinum product page + LIC rewards catalogue (Platinum Amazon ₹1,000 ≈ 3,000 points → ₹0.33/pt).
LIC premium & forex
2 points / ₹100
Other eligible spends
1 point / ₹100
Fuel surcharge waiver
1% on ₹400–₹4,000
Cap: ₹400/month
Example: ₹400/mo spend → ≈ ₹4/mo (max at cap)
Forex markup
3.5%
See worked examples of how points convert to cash value
international — 0.02 pts per ₹1 spend
You spend
₹10,000
You earn
200 pts
Worth ≈
₹66
@ ₹0.33/point
all — 0.01 pts per ₹1 spend
You spend
₹10,000
You earn
100 pts
Worth ≈
₹33
@ ₹0.33/point
Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹0.33/pt in calculations. Points expire in 12 months if unused.
Based on moderate spend for this market
Est. net annual
₹431
per year
Annual fee
Free
per year
Effective return
0.1%
of spend
Rewards minus annual fee on your spend profile
Annual fee Free · Forex 3.5% — tap for full fees
Joining fee
Lifetime free card
₹0
Annual / renewal fee
No renewal fee ever
₹0
Forex markup
3.5%
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 · ₹20,000/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 ₹851/year. After the ₹0 annual fee, net value is approximately ₹431/year. Use the calculator above to model your own spends.
₹20,000/month for salaried applicants (indicative — bank decides).
Fuel, Wallet top-ups, EMI transactions, Utilities, Education, Rent, Government, Cash.
Deeper rankings and comparisons for similar use cases.
AU Altura+ Credit Card
1.5% cashback · First Card / Entry
Best net value on this list — about ₹540/yr in your pocket after fees on typical spends.
IndusInd Bank Platinum Aura Edge Credit Card
4 points / ₹100 · First Card / Entry
Strong runner-up at ₹465/yr net — roughly ₹75 behind #1 on the same spend mix.
AU LIT Credit Card
1 RP/₹100 · First Card / Entry
Worth a look — ₹156/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
