#1-₹4,194/yr
Amex Membership Rewards CC
2 RP/₹150 · Premium Metal
Best net value on this list — about -₹4,194/yr in your pocket after fees on typical spends.
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Age 21–60 · From ₹50,000/mo income · Unsecured
Premium Metal·IDFC FIRST Bank
Metal card with airport and railway lounge access.
Age 21–60 · From ₹50,000/mo income · Unsecured
Key Benefits
All 10 benefits →Up to ₹20K/mo
5X reward points
Incremental spends
10X reward points
Lounge
Airport + railway access
Railway lounge
2/quarter
Lounge gated on ₹20,000 spend in the previous calendar month
High annual fee — may not pay off at moderate spend
At ₹31,000/mo, net value is -₹959/yr after fees. It turns positive around ₹42,519/mo — and at heavy spend (₹65,000/mo) we estimate ₹1,881/yr.
Model your spends in the calculator →Zero sales calls. Ever.
Caps & exclusions verified · 2026-06-12
On the bank's site: You'll apply on the bank's website. They may ask for contact details and follow up on your application.
We earn commission if approved — at no cost to you.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: IDFC FIRST Ashva T&Cs
High income, metal cards, max perks
Source: IDFC FIRST Ashva T&Cs
Up to ₹20K/mo
5X reward points
Incremental spends
10X reward points
Lounge
Airport + railway access
Lounge access
4 domestic + 2 international airport lounge visits per quarter (+ railway lounges)
Spend criteria: Lounge gated on ₹20,000 spend in the previous calendar month
Forex markup
1%
See worked examples of how points convert to cash value
all — 5 pts per ₹150 spend
You spend
₹10,000
You earn
333 pts
Worth ≈
₹83.33
@ ₹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
-₹959
per year
Annual fee
₹3,539
per year
Effective return
-0.3%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹2,999 · Forex 1% — tap for full fees
Joining fee
Charged in first year
₹2,999
Annual / renewal fee
Charged every year unless waived
₹2,999
Forex markup
1%
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 ₹2,700/year. After the ₹2,999 annual fee, net value is approximately -₹959/year. Use the calculator above to model your own spends.
₹50,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Rent, Wallet top-ups, Insurance.
Deeper rankings and comparisons for similar use cases.
Amex Membership Rewards CC
2 RP/₹150 · Premium Metal
Best net value on this list — about -₹4,194/yr in your pocket after fees on typical spends.
American Express Gold Card
4X Membership Rewards/₹150 · Premium Metal
Strong runner-up at -₹4,350/yr net — roughly ₹156 behind #1 on the same spend mix.
AU Zenith Credit Card
3X points/₹150 · Premium Metal
Worth a look — -₹8,478/yr net, still ahead of 0 other eligible cards.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
