Rewards & Cashback Value Calculator
Calculate the actual value of your credit card rewards based on spending patterns
Typical values: Cash ₹0.25, Travel ₹0.50, Premium ₹0.80
What are Reward Points?
Reward points are earned on eligible credit card spends. Each rupee spent earns a certain number of points based on the card's reward rate. These points can be redeemed for cashback, vouchers, travel bookings, or statement credit.
How is Redemption Value Calculated?
Redemption value is the actual rupee worth of each reward point. For example, if 1 reward point = ₹0.25, then 1000 points = ₹250 in value. Premium cards often offer higher redemption values for travel bookings (₹0.50-₹1.00 per point).
Category Multipliers
Cards offer different reward rates for different spending categories. Travel and dining often have 5-10x multipliers, while utilities might earn only 1x. Strategic spending in high-multiplier categories maximizes rewards value.
1. Focus on High-Multiplier Categories
Concentrate your spending on categories where your card offers the highest reward rates. Use this calculator to identify which categories give you the best returns.
2. Meet Minimum Spend Requirements
Some cards require minimum quarterly or annual spend to unlock full rewards potential. Ensure you're meeting these thresholds to avoid reward forfeitures.
3. Consider the Total Cost of Ownership
Annual fees, joining fees, and renewal benefits all impact net rewards value. A card is only valuable if total rewards exceed total costs. Use the ROI metric above to assess this.