Credit Card Reward Points Value Calculator
Reward points are only worth what you can redeem them for. Convert your points to rupees and find your card's real reward rate: the number that matters when you compare cards.
How to calculate your reward rate
Reward rate = (points earned ÷ amount spent) × value per point × 100. For example, 4 points per ₹150 at ₹0.50 a point gives (4 ÷ 150) × 0.5 × 100 = 1.33%.
Get the most from your points
- Flight and hotel bookings through the bank's travel portal often give the best value.
- Transferring points to airline partners can give even more for international business-class flights.
- Statement credit and product catalogues usually give the lowest value.
FAQs
Do credit card reward points expire?
Many do, typically after 2–3 years, but some cards (such as IDFC FIRST cards) have points that never expire. Check your card's terms.
Is cashback better than points?
Cashback has a fixed, guaranteed value. Points can be worth more, but only if you use the best redemption options.