#1₹3,508/yr
PhonePe SBI Card PURPLE
3% · UPI & RuPay
Best net value on this list — about ₹3,508/yr in your pocket after fees on typical spends.
Age 21–60 · From ₹25,000/mo income · Unsecured
UPI & RuPay·IDFC FIRST Bank
Lower-earn sibling of HPCL Power+ — 21X fuel / 15X grocery-utility / 2X retail.
Age 21–60 · From ₹25,000/mo income · Unsecured
Key Benefits
All 7 benefits →HPCL fuel
21 pts/₹150 (~3.5%)
Marketing ‘up to 5%’ includes HP Pay extras — not modeled
Grocery, utility, FASTag
15 pts/₹150 (2.5%)
UPI & other retail
2X points
Fee waiver
₹1,50,000
yearly spend
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: IDFC FIRST Power May 2026 cardholder update + HPCL fuel-card FAQ (21X / 15X / 2X per ₹150). Distinct from Power+ (30X).
Earn on UPI credit payments via RuPay-linked cards
IDFC FIRST Power is issued on RuPay with UPI linking. Fuel/insurance/EMI UPI spends do not earn the accelerated fuel rate.
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: IDFC FIRST Power May 2026 cardholder update + HPCL fuel-card FAQ (21X / 15X / 2X per ₹150). Distinct from Power+ (30X).
HPCL fuel
Marketing ‘up to 5%’ includes HP Pay extras — not modeled
21 pts/₹150 (~3.5%)
Example: ₹10,000/mo spend → ≈ ₹350/mo
Grocery, utility, FASTag
15 pts/₹150 (2.5%)
Example: ₹10,000/mo spend → ≈ ₹250/mo
UPI & other retail
2X points
Fee waiver at
₹1,50,000 annual spend
See worked examples of how points convert to cash value
fuel — 21 pts per ₹150 spend
You spend
₹10,000
You earn
1400 pts
Worth ≈
₹350
@ ₹0.25/point
groceries — 15 pts per ₹150 spend
You spend
₹10,000
You earn
1000 pts
Worth ≈
₹250.00
@ ₹0.25/point
utilities — 15 pts per ₹150 spend
You spend
₹10,000
You earn
1000 pts
Worth ≈
₹250.00
@ ₹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
₹2,750
per year
Annual fee
Free
per year
Effective return
0.7%
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 ₹1,50,000 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 · ₹25,000/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 ₹3,170/year. After the ₹499 annual fee, net value is approximately ₹2,750/year. Use the calculator above to model your own spends.
₹25,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Fuel (non-HPCL), Insurance, Wallet top-ups.
Deeper rankings and comparisons for similar use cases.
PhonePe SBI Card PURPLE
3% · UPI & RuPay
Best net value on this list — about ₹3,508/yr in your pocket after fees on typical spends.
ICICI Bank MakeMyTrip Credit Card
6% myCash · UPI & RuPay
Strong runner-up at ₹3,301/yr net — roughly ₹207 behind #1 on the same spend mix.
Tata Neu Plus HDFC Bank Credit Card
2% NeuCoins · UPI & RuPay
Worth a look — ₹2,928/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
