#1-₹3,420/yr
Kotak White Credit Card
2X reward points · Lounge & Premium
Best net value on this list — about -₹3,420/yr in your pocket after fees on typical spends.
Age 21–60 · From ₹50,000/mo income · Unsecured
Lounge & Premium·BOBCARD
₹2,499 BOBCARD Eterna — 3.75% on travel/dining/online/forex at ₹0.25/point; 2% forex markup.
Age 21–60 · From ₹50,000/mo income · Unsecured
Key Benefits
All 11 benefits →Travel, dining, online, international
15 points / ₹100 (3.75% at ₹0.25)
Other eligible spends
3 points / ₹100 (0.75%)
Milestone
10,000 pts on ₹50,000 in 60 days
Fee waiver
₹2,50,000
yearly spend
Signup bonus: ₹2,500 (year 1)
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: BOBCARD Eterna product page + MITC — ₹2,499 joining (waive ₹25k/60 days) and annual (waive ₹2.5L); 1 pt = ₹0.25 cashback; 2% forex.
Airport lounge, golf, concierge perks
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: BOBCARD Eterna product page + MITC — ₹2,499 joining (waive ₹25k/60 days) and annual (waive ₹2.5L); 1 pt = ₹0.25 cashback; 2% forex.
Travel, dining, online, international
15 points / ₹100 (3.75% at ₹0.25)
Example: ₹10,000/mo spend → ≈ ₹375/mo
Other eligible spends
3 points / ₹100 (0.75%)
Example: ₹10,000/mo spend → ≈ ₹75/mo
Milestone
10,000 pts on ₹50,000 in 60 days
Fee waiver at
₹2,50,000 annual spend
Forex markup
2%
See worked examples of how points convert to cash value
travel — 0.15 pts per ₹1 spend
You spend
₹10,000
You earn
1500 pts
Worth ≈
₹375
@ ₹0.25/point
dining — 0.15 pts per ₹1 spend
You spend
₹10,000
You earn
1500 pts
Worth ≈
₹375
@ ₹0.25/point
online shopping — 0.15 pts per ₹1 spend
You spend
₹10,000
You earn
1500 pts
Worth ≈
₹375
@ ₹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
₹7,860
per year
Annual fee
Free
per year
Effective return
2.1%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹2,499 · Forex 2% — tap for full fees
Joining fee
Charged in first year · Bank-listed face fee (ex-GST). NAV math uses face × 1.18 GST.
₹2,499
Annual / renewal fee
Waived on ₹2,50,000 annual spend
₹2,499
Forex markup
2%
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 · ₹50,000/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 ₹8,100/year. After the ₹2,499 annual fee, net value is approximately ₹7,860/year. Use the calculator above to model your own spends.
₹50,000/month for salaried applicants (indicative — bank decides).
Fuel.
Deeper rankings and comparisons for similar use cases.
Kotak White Credit Card
2X reward points · Lounge & Premium
Best net value on this list — about -₹3,420/yr in your pocket after fees on typical spends.
Axis Bank SELECT Credit Card
2 EDGE miles/₹150 · Lounge & Premium
Strong runner-up at -₹3,528/yr net — roughly ₹108 behind #1 on the same spend mix.
RBL Bank Icon Credit Card
2X points/₹150 · Lounge & Premium
Worth a look — -₹5,780/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
