https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7551189
geni wrote:Need bob credit card to purchase… Can anyone help here
amount?
In search of best value back credit card
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Which credit card provides highest value back in terms of Rupee value?
There is a need to spend large sum for this year and coming year for higher education. There are many cards that provide rewards. But Rupee value of the reward points vary depending on the provider.
I am initiating this thread to search for the best value back card and not best rewards or best cashback cards.
(Pls refer the deal wiki section for more details.)
Can you plz suggest more cards with better value back?
Deal Wiki
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Last updated by: MJ911
Amex rewards, when collected beyond 24000 pts, gives ₹9000 statement credit. Spend ₹1500x4/month to earn 1000 points/month. This turns out to be ₹12.50/₹100 spent. Additional 1000 points/₹20000 spent. Those points are at ₹1.87/₹100 spent. But if you are spending beyond that ₹1500x4/month but less than ₹20000 the point value is ₹0.75/₹100 spent.
IndusInd Bank platinum : ₹0.85/reward point. Every ₹100 spend gives 1.5 points. That is ₹1.27/₹100 spent. On utility, insurance premiums, payments to Govts and education fees, the cashback is ₹0.68/₹100 spent.
HDFC Infinia gives ₹1/point if redeemed on flight/hotels else ₹0.5/point. 5 points/₹150 spent. Effectively, ₹3.33/₹100 spent if redeemed on flight/hotels else ₹1.66/₹100 spent
HDFC Regalia is 4 points/₹150 spent. Depending on the merchants point value varies between 31ps to 35ps/point.
SBI Simply Click is ₹0.25/₹100 spent offline. Or ₹1.25/₹100 spent online
ICICI Bank Amazon Pay co branded card : 5% cb for Prime, 3% for non-prime, 2% for Partner merchants using Amazon Pay, 1% cashback everything else.
Flipkart Axis card provides: 5% cb on Flipkart, 4% on Uber/Swiggy, 1.5% on all others except fuel, cash, EMI, gold etc.
HDFC Millenia : 5% Cashback on Amazon, Flipkart, Tata CLiQ, Myntra, Swiggy, Zomato, BookMyShow, Cult.fit, Sony LIV and Uber, 1% on everything else except Fuel. Rs.500 must be accumulated as cashback before it gets credited to statement balance on request. Unutilized cashback lapses after 2 years.
HSBC Visa Platinum : 2 points/₹150 spent. Max value 40p/point = ₹0.53/₹100 spent
BOB Eterna : ₹3.75/₹100 spent on dining, travel and international transactions. And 75ps/₹100 spent on other categories.
Indus Pinnacle : E-com – ₹2.5 / ₹100 spent, E-com travel and airline – ₹1.5 / ₹100 spent, Everything else – ₹1 / ₹100 spent.
Axis Ace : 5% cb on GooglePay(Bills), 4% on Ola/Swiggy, 2% on everything else except fuel, cash, EMI, gold, rent pay.
W.e.f. March 15th, 2022, cashback is not eligible for payments made towards rent (MCC – 6513)
Ola Money SBI : Cashback of 7% on Ola rides. Booking via Cleartrip : 5% on flights, 10% on hotel, 6% on international hotels, 12% on activities. 1% on everything else.
IDFC First Millenia/Classic : If total spend is greater than ₹20000/billing cycle : ₹2.5/₹150 spent (1.66%), if spend is less than ₹20000 : ₹1.5/₹150 spent online (1%), ₹0.75/₹150 spent offline (0.5%). No points/cb on fuel, EMI, Insurance, Cash Withdrawal. ₹99+GST for reward redemption (equivalent to ₹11682 spent if you earn rewards point mostly in 1% slab). LTF.
IDFC First Select/Wealth : If total spend is greater than ₹25000/billing cycle : ₹2.5/₹125 spent (2%), if spend is less than ₹20000 : ₹1.5/₹125 spent online (1.2%), ₹0.75/₹125 spent offline (0.6%). No points/cb on fuel, EMI, Insurance, Cash Withdrawal. ₹99+GST for reward redemption. (equivalent to ₹9735 spent if you earn rewards point mostly in 1.2% slab). LTF.
Standard Chartered Super Value Titanium : 4% cashback on fuel (5% Cashback – 1% Surcharge), Max ₹2000/transaction. Max. cb ₹200/month. 5% cashback on telecom and utility – postpaid mobile, landline, electricity, DTH, water and piped gas. Min Rs.₹750/transaction, Max cb ₹200/month for telecom, ₹100/month for utility. Telecom and utility must be paid through SC’s billpay section of the website.
SBI BPCL : 3.25% cashback (Fuel Surcharge is waived in all credit cards so not adding that 1% to 3.25% as advertised). 13 points/₹100 spent. 1 point = ₹0.25. Surcharge waiver applicable only on transaction less than ₹4000. 1% Surcharge is applicable if card is used for ₹10000+ per statement cycle.
Standard Chartered Ultimate : Flat 3.3% cashback. No limit, no categories, no exclusions.₹5000 joining fee, ₹6000 cashback. ₹5000 renewal fee, ₹5000 cashback. CB redemption only on SC’s rewards360 website. Reward redemption fee ₹118 incl. GST.
BoB Select : Similar to Amex, get 1000 reward points from ₹1000x5 spent/month. ₹0.25/point. That is 5% (₹250) cashback. Additionally, ₹1.25/₹100 spent on Dining, Utility bills and Online – Capped at ₹250/month.
NB: Offers are subjected to change. Please get in touch with the respective bank for the latest offers.
Top Comments
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7551345
BOB Eterna’s website shows that you get 15 points/₹100 spent only on dining, travel and international transactions. For all other categories you get 3 points/₹100 spent. Value is ₹0.25/point. Effectively the value back is ₹3.75/₹100 spent on dining, travel and international transactions. And 75ps/₹100 spent on other categories.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7551560
bridges wrote:BOB Eterna’s website shows that you get 15 points/₹100 spent only on dining, travel and international transactions. For all other categories you get 3 points/₹100 spent. Value is ₹0.25/point. Effectively the value back is ₹3.75/₹100 spent on dining, travel and international transactions. And 75ps/₹100 spent on other categories.
15 points/100 is on all the online spends. Atleast this was the condition at the start of this month as I got 5000 points in my account for transaction done on April 3rd.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7551578
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raman12 wrote:How to get this Eterna card, someone tell more details pls.
1. Annual/Renewal fees
2. Any restriction on points?
3. I have savings account in BOB, any advantage?
4. Does it give %rewards as rupees in statement, or I need to redeem the points?I see many TnC on this website, am I looking at wrong place??
https://www.bobfinancial.com/eter...sp
Joining Fees – 2499+GST, waived on spend of 25,000 in 60 days. Renewal Fee – 2499+GST, waived on spend of 2.5L in a year.
Just visit your branch or apply online.
Statement credit option is available on points.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7551727
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Unknown wrote:15 points/100 is on all the online spends. Atleast this was the condition at the start of this month as I got 5000 points in my account for transaction done on April 3rd.
The information on the site is different than what you mentioned. Maybe they have updated the terms and not updated the site. Can you please check with CC?
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7552009
What all cards you own or have access/eligible to, then we can suggest
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7552239
caks2006407 wrote:What all cards you own or have access/eligible to, then we can suggest
This thread is not about one person but will help all of us.
Lets get the best information and keep it updated.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7554154
I heard that there also a “Dhani” way to get more cashback when you know your spend is going to be large.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7558450
Does anyone have Kotak Essentia Platinum credit card ? The site says it provides 10% cashback on grocery. But it is not clear if it is online/offline which site or store.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7558474
bridges wrote:Does anyone have Kotak Essentia Platinum credit card ? The site says it provides 10% cashback on grocery. But it is not clear if it is online/offline which site or store.
Lots of TnCs .
Min Amount: 1500
Max Amount: 400
Max Cashback per month: 500.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7558642
bridges wrote:Does anyone have Kotak Essentia Platinum credit card ? The site says it provides 10% cashback on grocery. But it is not clear if it is online/offline which site or store.
Only those sites or stores which have registered themselves with their payment gateway provider as “Departmental or Grocery store” as reflected in their MCC code. See this thread of mine(applies to all similar cards):
https://www.desidime.com/discussions/important-...
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7559987
Kotak Essentia doesn’t seem to be a promising card. Will not add it to the first post.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7560059
bridges wrote:Kotak Essentia doesn’t seem to be a promising card. Will not add it to the first post.
bro add Axis Ace as well
5% cb on GooglePay(Bills), 4% on Ola/Swiggy, 2% on all others except fuel, cash, EMI, gold etc
There are some more TnC I not aware of
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7573237
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raman12 wrote:bro add Axis Ace as well
5% cb on GooglePay(Bills), 4% on Ola/Swiggy, 2% on all others except fuel, cash, EMI, gold etc
There are some more TnC I not aware of
Thanks for the info.
However, suddenly the Edit link remains disabled on the first post. Not sure why I cant edit now. Else, I would like to add Axis Ace too.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7573267
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7573495
Guys,Does hdfc regalia card counts paytm cash load as spends? (Doubt from my friend)
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7575507
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MJ911 wrote:…
or you can use Deal wiki option to add ur updates.
…
How to to use Deal wiki option ? Is there any thread to know about it ?
Also, I observed that initially there was some hotness rating to this thread. Despite more and more people following this thread it became 0 degree hot. Is there anything in this regard that is not known to me ?
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7575560
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bridges wrote:
?
Indusind Pinnacle 2.5% cashback as statement credit.
Standard Chartered Ultimate 3.3% on all spends including on wallet reloads (along with MRCC, makes it one of the few cards which give points on wallet reloads). Though very limited redemption options.
Infinia – Highly rewarding card- Best in India since 2013. Only useful if you can redeem points on air travel or hotel stays or international tours/experiences and DTH recharge.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7575607
Just had a chat with @admin , @mj911
I learned :
1. This thread cannot have access to deal wiki as I dont have required levels of Karma. So I cannot update the main post.
2. Hotness is removed because some people voted it down citing repost as a reason.
Since hotness is removed the thread will go deep down in the list. Once buried it will not attract the attention of Dimers. Dimers will neither be able to make use of the information nor will be able to contribute.
Admin, Please take this thread down. Please delete it. I will recreate the thread.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7575703
rajarew wrote:Guys,Does hdfc regalia card counts paytm cash load as spends? (Doubt from my friend)
Yes but no reward points given for such reloads and also they charge certain fee for wallet reloads. Given in card TnC
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7575762
bridges wrote:Just had a chat with @admin , @mj911
I learned :
1. This thread cannot have access to deal wiki as I dont have required levels of Karma. So I cannot update the main post.
2. Hotness is removed because some people voted it down citing repost as a reason.Since hotness is removed the thread will go deep down in the list. Once buried it will not attract the attention of Dimers. Dimers will neither be able to make use of the information nor will be able to contribute.
Admin, Please take this thread down. Please delete it. I will recreate the thread.
No need to delete and make new thread it is all good and like i said i will update ur main post whenever u want so just let me knw when to do.
and regarding hotness it seems to be a tiny glitch which showed as zero. It is back to its usual hotness
Make a reply in the thread and same will be added as updates to ur main posts and even will add that link in the deal wiki for u. Hope that will work for u ? 
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7575847
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Ramta_Jogi wrote:Yes but no reward points given for such reloads and also they charge certain fee for wallet reloads. Given in card TnC
If no reward points will be given,why to load.btw do hdfc charges fee for wallet loads? If u have any t&c link ,do provide me please.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7576142
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7576238
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7576247
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MJ911 wrote:No need to delete and make new thread it is all good and like i said i will update ur main post whenever u want so just let me knw when to do.
and regarding hotness it seems to be a tiny glitch which showed as zero. It is back to its usual hotness
Make a reply in the thread and same will be added as updates to ur main posts and even will add that link in the deal wiki for u. Hope that will work for u ?
Thats great !
This will help.
Thanks.
https://www.desidime.com/discussions/in-search-of-best-value-back-credit-card?page=2#post_7576271
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Ramta_Jogi wrote:Indusind Pinnacle 2.5% cashback as statement credit.
The website says something different -
For E-commerce transactions – ₹2.5/₹ 100 spent
E-com travel and airline transactions – ₹1.5/₹ 100 spent
Everything else – ₹1/₹ 100 spent
This comes between Amazon ICICI and Flipkart Axis
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Their is no one size fit all solution here. credit card usage and rewards are dependent upon your spend profile and preferences. for eg – if you a frequent flier, you might use a card that has good reward rate on air miles conversion, like Infinia or sbi air India etc.
I prefer to use cards based on their reward milestones and category. for eg –
1. BOB Eterna – monthly usage of ~42k on rental payments (reward rate of ~3.75%)
2. HDFC Diner – monthly usage of 80k on rental/others (reward rate of 3.3% + INR 1000 vouchers)
3. HDFC Infinia – regular household expenses (reward rate of 3.3%)
4. SBI Ola – monthly usage of ~7200 to convert to amazon vouchers (reward rate of 15%) – not using since last month because of ola postpaid issues
5. Amex MRCC+Gold charge – 12k monthly on paytm load (reward rate of 6.8% when redeemed for 24k collection)
6. Axis Ace – for bill payments (reward rate of 5%)
7. SBI Elite – Movie tickets & Groceries (2 tickets free per month, 5x on groceries)
8. SBI Air India/Infinia/Amex Plat Travel – all big purchases