Compare any credit cards (2026)

Choose up to eight cards and enter your monthly spend. We compute the honest net annual value in ₹ for each — caps, exclusions, fee waivers and milestones included. All ₹ values exclude GST.

433 cards, official data onlyCaps & exclusions applied100% free, no sign-up

Not sure which cards to pick? Enter your spend and we'll rank all 433.

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Points Valuation & Redemption Mode
Quick Fill Spend:

Your Monthly Spend

₹50,000/mo

E-Commerce & Online

Daily Essentials

Most cards earn ₹0 rewards on fuel (surcharge waiver only).

Frequently excluded from rewards in India.

Lifestyle, Bills & Other

Almost always earns ₹0 and may carry a fee.

Often excluded or capped.

Swiggy HDFC Bank Credit Card1

HDFC Bank · fee waived

Net Value / Yr
₹15,060
Rewards ₹15,060Milestones ₹0Fee −₹0
HDFC Millennia Credit Card2

HDFC Bank · fee waived

Net Value / Yr
₹10,660
Rewards ₹9,660Milestones ₹1,000Fee −₹0

Smart verdict

Get the Swiggy HDFC Bank Credit Card — it earns you +₹4,400/yr over the HDFC Millennia Credit Card, mostly from your dining & food delivery spend.

It flips to the HDFC Millennia Credit Card if that drops to about ₹0/mo.

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How Your Spends Convert to Rewards

Live calculation breakdown for HDFC Millennia Credit Card

Spend CategoryMonthly SpendReward RateMonthly ValueAnnual ValueStatus / Caps
Other Online Shopping
₹6,000/mo5% Cashback₹300₹3,600/yrActive Earn
Amazon Spends
₹3,500/mo5% Cashback₹175₹2,100/yrActive Earn
Flipkart Spends
₹2,000/mo5% Cashback₹100₹1,200/yrActive Earn
Dining & Food Delivery
₹5,000/mo1% Cashback₹50₹600/yrActive Earn
Groceries
₹7,000/mo1% Cashback₹70₹840/yrActive Earn
Fuel
₹4,000/mo0% Cashback₹40(incl. ₹40 waiver)₹480/yrExcluded
Utilities & Bills
₹4,000/mo0% Cashback₹0₹0/yrExcluded
Travel (Flights/Hotels)
₹4,000/mo1% Cashback₹40₹480/yrActive Earn
Rent
₹10,000/mo0% Cashback₹0₹0/yrExcluded
Insurance
₹1,500/mo0% Cashback₹0₹0/yrExcluded
Other / Offline
₹3,000/mo1% Cashback₹30₹360/yrActive Earn

Net annual value across spend levels

All ₹ values exclude GST. Perks like lounge access are shown separately and not added into net value. Rewards use your selected redemption mode (cashback / statement credit).

Card features side by side

Use the table for product rules; use the calculator above for value based on your actual spending.

FeatureHDFC Millennia Credit CardHDFC BankSwiggy HDFC Bank Credit CardHDFC Bank
Joining fee₹1,000₹500
Annual fee₹1,000/yr₹500/yr
Fee waiverSpend ₹1,00,000/yrSpend ₹2,00,000/yr
Base reward1% cashback1% cashback
Top reward categories5% amazon, 5% flipkart, 5% online10% dining, 5% online, 1% other
Redemption friction
Easy
Auto credit
Point expiry24 months24 months
Lounge accessNoneStandalone lounge access discontinued Dec 2023. Lounge available as quarterly milestone benefit (1 per quarter on ₹1L spend).None
Forex markup3.5%3.5%
Fuel surcharge1% waiver, up to ₹250/moNone
Min income · salaried₹4.2L/yr₹1.8L/yr
Min income · self-employed₹6.0L/yr₹6.0L/yr
Eligibility (as stated)Salaried: Net Monthly Income > ₹35,000; Self-Employed: ITR > ₹6 Lakh p.a.; Age 21-40Salaried: Monthly Income ≥ ₹15,000; Self-Employed: ITR > ₹6 Lakh p.a.; Age 21-60 (salaried) / 21-65 (SE)
Recent devaluations
  • 2024-09: Wallet loading (MCC 6540) and all EMI transactions stop earning CashPoints.
  • 2024-09: Education payments via third-party apps stop earning CashPoints.
  • 2023-12: Complimentary domestic lounge access discontinued (lounge only via quarterly milestone).
  • 2026-08: Card being phased out for NEW applicants - official page now states: "We are happy to share that we are introducing New Swiggy Ornge & BLCK HDFC Bank Credit Cards. Existing cardholders will continue to enjoy upgraded features & benefits. Bank will be reaching out to the existing Swiggy HDFC Bank credit card holders to inform about the next steps." Replaced in the acquisition funnel by hdfc-swiggy-ornge (entry tier) and hdfc-swiggy-blck (premium tier). Not deleted from dataset since existing cardholders retain the card; flagged here per standing convention for discontinued/migrating cards.
Verified against
Updated 2026-07Source 1Source 2
Updated 2026-08Source 1Source 2

How to Compare Credit Cards in India (2026)

Choosing the right credit card isn't just about looking at the highest reward rate. Many premium cards in India come with hidden caps, exclusions on essential categories (like utilities, fuel, and rent), and milestone benefits that are difficult to achieve. Our credit card comparison calculator helps you cut through the marketing jargon by calculating the true Net Annual Valuebased on your unique monthly spending habits.

Whether you're comparing cashback heavyweights like the SBI Cashback Card, Amazon Pay ICICI, or Flipkart Axis, or premium travel cards like HDFC Infinia and Axis Magnus, this tool applies every rule accurately so you can maximize your savings.

Understanding Net Annual Value

Net Annual Value is the actual money you save or earn after subtracting annual fees. We compute this by:

  • Adding up base rewards and accelerated cashback.
  • Factoring in milestone bonuses if your spend crosses the threshold.
  • Subtracting the annual fee (unless your spend qualifies for a fee waiver).
  • Strictly applying monthly reward caps and category exclusions.

Why Caps and Exclusions Matter

Many cards advertise "5% cashback on everything," but read the fine print and you'll find a monthly cap of ₹1,000 or ₹2,000. Once you hit that cap, your reward rate drops to 1% or even 0%. Similarly, most banks now exclude rent, wallet loads, and insurance from earning rewards. Our calculator factors in all these limits automatically so you don't have to guess.

How this credit card calculator works

Enter what you actually spend each month across online shopping, groceries, dining, travel, fuel, bills and rent. The calculator applies each card's reward rate to the matching category, then applies exclusions and monthly caps. It annualises the result, adds milestones you can realistically reach and subtracts the annual fee after any spend-based waiver.

This is why the card with the highest recurring rewards is not always the best card overall. A lower rewards total can still produce the highest net annual value when its fee is waived or its milestone benefit is larger.

Cashback or travel rewards?

Choose cashback when you want a simple statement credit or the card's points are worth more as vouchers. Choose travel / airmiles when you will redeem points for flights or hotels and the card publishes a higher travel value. Cashback cards are unchanged by this switch; only points-based cards use the selected redemption value.

Before applying, check these details

  • Whether your biggest spend categories are eligible for rewards.
  • Monthly caps, minimum redemption amounts and redemption fees.
  • Annual fee waiver thresholds and milestone expiry rules.
  • GST on fees and the bank's latest terms before applying.

Credit card comparison FAQs

Which credit card is best for my spending?

There is no universal winner. The best card is the one with the highest net annual value for your category mix after caps, exclusions, milestones and fees.

Why is one card's rewards value lower but its net value higher?

Rewards are recurring cashback or points only. Net value also includes milestone benefits and subtracts the effective annual fee, so those two numbers can legitimately rank differently.

Are lounge access and other perks included?

No. The calculator keeps lounge access, insurance and other non-cash perks visible in the comparison table instead of assigning an arbitrary rupee value to them.

Are the amounts shown after GST?

No. Rupee values exclude GST. Confirm the latest fee, reward and redemption terms with the issuer before applying.

Disclaimer: Results are estimates for financial planning purposes only and do not constitute financial, tax, investment, or legal advice. Actual values may vary based on your lender, market conditions, and individual circumstances. Consult a qualified CA, CFP, or financial advisor before making any financial decisions.