With the varied numbers of credit cards and the terms and conditions attached, here is an honest overview of the rewards (and how to analyse yourself) – whether the rewards are worth it in real or just marketing gimmick.
There are other websites and forum too on this topic, however my contribution is for DD Dosts to help them – underlying principle will be to maximize returns on cash in terms of cash itself, or vouchers equivalent to cash.
Factors that will be considered for each card are
1. Fees, including comments if the same can be taken free for life.
2. Best categories for earning highest rewards.
3. Best redemption options – in cash or equivalent to cash – not to include gifts/merchandise.
Terms used:
LTF = Life Time Free
Power Ratio is the money value of benefits in % – so if a card has ratio of 2.5% in fuel, it means you get benefit of Rs. 2.50 per Rs. 100 spent.
Edit: File uploaded
https://files.fm/u/zg...xx