#1₹1,020/yr
Axis Bank Neo Credit Card
10% off · UPI & RuPay
Best net value on this list — about ₹1,020/yr in your pocket after fees on typical spends.
Age 21–60 · From ₹20,000/mo income · Unsecured
UPI & RuPay·Kotak Mahindra Bank
Good starter card via Kotak 811 app journey.
Age 21–60 · From ₹20,000/mo income · Unsecured
Key Benefits
All 9 benefits →Online spends
2 RP/₹100
Catalogue ~₹0.25/pt → ~0.5%
Other spends
1 RP/₹100
Catalogue ~₹0.25/pt → ~0.25%
Online
3 pts/150
UPI
1.5 pts/150
Signup bonus: ₹500 (year 1)
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.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: Kotak 811 Dream Different FAQ — 2 RP/₹100 online, 1 RP/₹100 other
Earn on UPI credit payments via RuPay-linked cards
RuPay credit card — UPI credit supported on compatible UPI apps.
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: Kotak 811 Dream Different FAQ — 2 RP/₹100 online, 1 RP/₹100 other
Online spends
Catalogue ~₹0.25/pt → ~0.5%
2 RP/₹100
Other spends
Catalogue ~₹0.25/pt → ~0.25%
1 RP/₹100
See worked examples of how points convert to cash value
online shopping — 3 pts per ₹150 spend
You spend
₹10,000
You earn
200 pts
Worth ≈
₹50
@ ₹0.25/point
upi — 1.5 pts per ₹150 spend
You spend
₹10,000
You earn
100 pts
Worth ≈
₹25
@ ₹0.25/point
all — 1.5 pts per ₹150 spend
You spend
₹10,000
You earn
100 pts
Worth ≈
₹25
@ ₹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
₹540
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% on international transactions — tap for full fees
Joining fee
Lifetime free card
₹500
Annual / renewal fee
No renewal fee ever
₹0
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 · ₹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 ₹960/year. After the ₹0 annual fee, net value is approximately ₹540/year. Use the calculator above to model your own spends.
₹20,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Fuel, Rent.
Deeper rankings and comparisons for similar use cases.
Axis Bank Neo Credit Card
10% off · UPI & RuPay
Best net value on this list — about ₹1,020/yr in your pocket after fees on typical spends.
HDFC MoneyBack+ Credit Card
10X points · UPI & RuPay
Strong runner-up at ₹948/yr net — roughly ₹72 behind #1 on the same spend mix.
RBL Bank ShopRite
5% on first ₹1,000/mo · UPI & RuPay
Worth a look — ₹560/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
