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Credit Card Rewards Calculator
Calculate your potential reward earnings and maximize benefits
₹
points per ₹100
₹
₹
Spending Categories
Annual Rewards Value
₹3,500
18,000 points earned annually
Monthly Points
1,500
Value: ₹375
Annual Fee
₹1,000
Category Multipliers
Dining 5x points
Shopping 3x points
Others 1x points
Understanding Credit Card Rewards
Credit card rewards programs offer points, cashback, or miles based on your spending. Understanding how these programs work can help you maximize your benefits and choose the right card for your spending patterns.
Types of Rewards:
- Reward Points: Can be redeemed for various rewards
- Cashback: Direct cash rewards on spending
- Air Miles: Points for travel redemption
- Category Bonuses: Enhanced rewards in specific categories
- Welcome Bonuses: Extra points for new cardholders
Maximizing Rewards:
- Use category bonuses strategically
- Time large purchases with bonus offers
- Consider annual fee vs. rewards value
- Watch for redemption promotions
- Combine cards for optimal rewards
Example Calculation:
Monthly spend of ₹50,000:
- Dining (30%): ₹15,000 × 5x = 750 points
- Shopping (40%): ₹20,000 × 3x = 600 points
- Others (30%): ₹15,000 × 1x = 150 points
- Total Monthly Points: 1,500
- Annual Value: ₹4,500 (at ₹0.25 per point)
Important Note:
Reward rates and point values vary by card and issuer. Some cards have caps on rewards earned, and points may expire. Always read the reward program terms carefully.