helloworld
TF Legend
When there is no credit card offer and I want to purchase something, I usually use card with high reward rate. But by doing this I often missed the opportunity to get more reward rate with Quarterly/Annual milestone benefits with other cards.
It's like I use card with 3.3% reward rate compared to 1.2% because I get instant high reward rate but if I waited and when crossed certain spends on that low 1.2%, it can give me 6.2%.
In this post, I try to gather or know about certain cards which provides better reward rate with Quarterly/Annual milestone benefits.
Note: Ignored monthly milestone cards because most need little longer to optimized spends.
Quarterly = 3 consecutive calender months (Jan to Mar, Apr to Jun, Jul to Sep, Oct to Dec)
With milestones, some of the cards beat 2% cashback cards, if one find use of the mentioned voucher/reward points and spend consistently on Quarterly/Yearly milestone.
* lowest reward with basic rewards and low redemption and highest reward with multiplier and max. possible redemption.
Ex: lowest value 1x with cash redemption, highest value 5x with Gold catelogue - both 7.5L spends.
Do share any other cards (I'm sure I missed some) or anything missing hidden *TnCs.
Thanks!
It's like I use card with 3.3% reward rate compared to 1.2% because I get instant high reward rate but if I waited and when crossed certain spends on that low 1.2%, it can give me 6.2%.
In this post, I try to gather or know about certain cards which provides better reward rate with Quarterly/Annual milestone benefits.
Note: Ignored monthly milestone cards because most need little longer to optimized spends.
Quarterly = 3 consecutive calender months (Jan to Mar, Apr to Jun, Jul to Sep, Oct to Dec)
| Issuer & Card Name | Spend Requirement | Extra reward rate for achieving spend requirement | Additional notes (depends on categories) | |
|---|---|---|---|---|
| HDFC Millennia | - Spend 1L in a Quarter | - Rs. 1000 voucher (+1%) or Lounge access | - Reward rate: 2% - 6% | |
| HDFC Moneyback+ | - Spend 50K in a Quarter | - Rs. 500 voucher (+1%) // UPI Support | - Reward rate: 1.5% - 6% | |
| HDFC Regalia Gold | - Spend 1.5L in a Quarter - Spend 5L in a year - Spend 7.5L in a year | - Rs. 1500 worth vouchers - Rs. 5000 worth flight vouchers - Rs. 5000 worth flight vouchers | - Reward rate: 2.67% - 10.8% | |
| AU Zenith | - Spend 2L in a Quarter | - Rs. 1000 voucher (+0.5%) - Birthday month additional 625Rs. | - Reward rate: 3% - 5.5% | |
| AU Zenith+ | - Spend 75k in a month | - Rs. 1000 worth reward points (+1.3%) | - Reward rate: 2.3% - 3.3% | |
| SBI SimplyClick | - Spend 2L in a year | - Rs. 4000 Cleartrip/Yatra voucher | - Reward rate: 3% - 4% | |
| SBI Prime | - Spend 50k in a Quarter - Spend 5L in a year - Spend 10K in Birthday month | - Rs. 1000 Pizza hut voucher - Rs. 7000 Yatra/Pantaloon voucher - Rs. 500 reward points | - Reward rate: 2.8% - 4.65% | |
| BoB Eterna | - Spend 5L in a year | - Rs. 5000 worth reward points | - Reward rate: 1.75% - 4.75% | |
| AMEX MRCC | - Spend 20K (4x1500 + 14K) in a month | - 2000 MR points | - Reward rate: ~5%+
| |
| AMEX Gold Charge | - Spend 6K (6x1000) in a month | - 1000 MR points | - Reward rate: ~7%+ (1MR = 0.33p + higher depends on redemption) | |
| AMEX PLatinum Travel | - Spend 1.9L in a year - Spend 4L in a year | - 15000 MR points - 25000 MR points & Taj Gift card worth Rs. 10000 | - Reward rate: ~6% + Taj voucher | |
| Axis Privilege | - Spend 2.5L in a year | - 10000 Edge Reward Points | - Reward rate: ~1.8%+ (1ER = 0.20p + higher depends on redemption) |
With milestones, some of the cards beat 2% cashback cards, if one find use of the mentioned voucher/reward points and spend consistently on Quarterly/Yearly milestone.
* lowest reward with basic rewards and low redemption and highest reward with multiplier and max. possible redemption.
Ex: lowest value 1x with cash redemption, highest value 5x with Gold catelogue - both 7.5L spends.
Do share any other cards (I'm sure I missed some) or anything missing hidden *TnCs.
Thanks!
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