American Express Membership Rewards Credit Card
Disciplined spenders who hit monthly milestones for bonus points
Annual fee₹4,500/yr
Who qualifiesGood to Excellent
MarketIndia
By need · 7 cards ranked
Best Rewards Credit Cards in India 2026
Points cards whose rewards are worth more than cash back when redeemed well.
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Axis Bank Privilege Credit Card
Mid-level spenders who want EDGE points, a milestone bonus and domestic lounges
Annual feeNone
Who qualifiesAge 18 to 70, Indian r…
MarketIndia
SBI SimplySAVE Credit Card
Everyday spenders who want simple rewards on essentials
Annual fee₹499/yr
Who qualifiesFair to Good
MarketIndia
Ranked 1–7 at a glance
| Rank | Card | Annual fee | Rewards | Welcome offer | Foreign fee | Who qualifies | Score |
|---|---|---|---|---|---|---|---|
| 1 | AEAmerican ExpressMembership Rewards₹4,500/yr · IN American Express Membership Rewards Credit CardDisciplined spenders who hit monthly milestones for bonus points |
₹4,500/yr | Around 1 point per Rs.50, boosted by milestones | 4,000 Membership Rewards points on spending Rs.15,000 in 90… | 3.5% markup on foreign cur… | Good to Excellent | |
| 2 | AAxis BankPrivilegeNo annual fee · IN Axis Bank Privilege Credit CardMid-level spenders who want EDGE points, a milestone bonus and domestic lounges |
None | 10 EDGE REWARD points per ₹200 spent in India or abroad; 10,000 bonus points (wo… | 12,500 EDGE REWARD points (worth ₹2,500) only when a joining… | 3.5% of the transaction va… | Age 18 to 70, Indian resident; i… | |
| 3 | SSBI CardSBI SimplySAVE₹499/yr · IN SBI SimplySAVE Credit CardEveryday spenders who want simple rewards on essentials |
₹499/yr | Around 2.5% on bonus categories, 0.25% base | 2,000 bonus Reward Points on spending Rs.2,000 in 60 days | 3.5% markup on foreign cur… | Fair to Good | |
| 4 | IICICI BankCoral₹500/yr · IN ICICI Bank Coral Credit CardNew cardholders wanting dining, movie and starter lounge perks |
₹500/yr | Around 0.5% base, higher with offers | Activation benefits and offers (varies by channel) | 3.5% markup on foreign cur… | Fair to Good | |
| 5 | SSBI CardSBI PRIME₹2,999/yr · IN SBI Card PRIMESpenders who will use milestone vouchers and want domestic and Priority Pass lounges |
₹2,999/yr | 10 Reward Points per ₹100 on dining, departmental stores, grocery and movies; 20… | e-Gift voucher worth ₹3,000 from brands including Yatra, Bat… | 3.5% foreign currency tran… | See issuer | |
| 6 | RRBL BankShopRite₹500/yr · IN RBL Bank ShopRite Credit CardHouseholds that want a low-fee card for monthly grocery spending |
₹500/yr | 20 Reward Points per ₹100 on grocery (5% value back at up to ₹0.25 a point), up… | 2,000 Reward Points on meeting the issuer's conditions | 3.5% markup | See issuer | |
| 7 | KMKotak Mahindra BankKotak League Platinum₹499/yr · IN Kotak League Platinum Credit CardModerate spenders who can reach ₹1.25 lakh every six months for tickets or points |
₹499/yr | 8 Reward Points per ₹150 on special categories and on anniversary-year spends of… | 5,000 Reward Points (worth ₹500) on joining, after fee payme… | 3.5% foreign currency tran… | Age 21 to 60; annual income of ₹… |