#1-₹8,246/yr
HDFC Bank Infinia Credit Card
5 RP/₹150 · Premium Metal
Best net value on this list — about -₹8,246/yr in your pocket after fees on typical spends.
Premium Metal·Axis Bank
For high spenders who want lounge and miles.
Age 25–60 · From ₹1,00,000/mo income · Unsecured
Key Benefits
All 13 benefits →All eligible spends
12 EDGE pts/₹200
Then 35/₹200 above ₹1.5L/month
Travel EDGE portal
60 EDGE pts/₹200
₹2L/mo travel then 35/₹200
Transfer
2 partner miles / 5 EDGE
Modeled at ₹0.40/pt
Lounge
Unlimited domestic + 8 intl/year
Signup bonus: ₹25,000 (year 1)
High annual fee — may not pay off at moderate spend
At ₹31,000/mo, net value is -₹4,622/yr after fees. It turns positive around ₹45,142/mo — and at heavy spend (₹65,000/mo) we estimate ₹11,362/yr.
Model your spends in the calculator →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.
Issuer updates and CardHungry deep-dives that affect this card.
3 Nov 2026
HDFC Infinia Cancellation / Downgrade Calls: Why You're Being Asked to Spend ₹18L or Lose the Card
Cardholders are posting about the calls on X and Reddit today. Here's what's actually behind them.
3 Nov 2026
Every Credit Card Benefit Cut in India: 2025–2026 Tracker (HDFC, SBI, Axis, ICICI, Amex)
Banks didn’t tweak rewards — they capped, gated, and thinned them. Here’s what changed at the five big issuers, who loses ₹, and what still works.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: Axis Magnus MITC + Jun 2025 earn revision
High income, metal cards, max perks
Visa/Mastercard — UPI credit not supported on Magnus. Use card for travel and partner spends.
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 Magnus MITC + Jun 2025 earn revision
All eligible spends
Then 35/₹200 above ₹1.5L/month
12 EDGE pts/₹200
Travel EDGE portal
60 EDGE pts/₹200
Cap: ₹2L/mo travel then 35/₹200
Transfer
Modeled at ₹0.40/pt
2 partner miles / 5 EDGE
Lounge
Unlimited domestic + 8 intl/year
Fee waiver at
₹25,00,000 annual spend
Lounge access
Unlimited domestic + 8 international/year
Spend criteria: ₹50,000 spend in previous 3 calendar months for domestic lounge (waived first 3 months on new issuance)
See worked examples of how points convert to cash value
travel — 60 pts per ₹200 spend
You spend
₹10,000
You earn
3000 pts
Worth ≈
₹1,200
@ ₹0.40/point
Capped at ₹2,00,000/month spend for accelerated rate
all — 12 pts per ₹200 spend
You spend
₹10,000
You earn
600 pts
Worth ≈
₹240
@ ₹0.40/point
Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹0.40/pt in calculations. Points expire in 36 months if unused.
Based on moderate spend for this market
Est. net annual
-₹4,622
per year
Annual fee
₹14,750
per year
Effective return
-1.2%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹12,500 · Forex 2% 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.
₹12,500
Annual / renewal fee
Waived on ₹25,00,000 annual spend
₹12,500
Forex markup
2% 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
25–60 years · ₹1,00,000/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 ₹10,368/year. After the ₹12,500 annual fee, net value is approximately -₹4,622/year. Use the calculator above to model your own spends.
₹1,00,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Fuel, Rent, Wallet top-ups, Jewellery.
Deeper rankings and comparisons for similar use cases.
HDFC Bank Infinia Credit Card
5 RP/₹150 · Premium Metal
Best net value on this list — about -₹8,246/yr in your pocket after fees on typical spends.
HDFC Diners Club Black Metal
10X points · Premium Metal
Strong runner-up at -₹8,920/yr net — roughly ₹674 behind #1 on the same spend mix.
ICICI Bank Emeralde Private Metal Credit Card
4X reward points · Premium Metal
Worth a look — -₹12,397/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
