Credit card reward points are essentially a way of earning kickbacks for using your credit card. They are a nice perk because you can redeem your collected points for travel tickets, shopping, hotel stays, and so much more. Additionally, you can also get a statement credit for your collected points. Thus reward point programs help you to maximize your savings by simply using your card more often.

Here’s a dream example:

For your American Express cards, the redemption options for 18,000 points include a WelcomHeritage Luxury Stay, Bose Soundlink speakers, a statement credit worth ₹7,500 and more.

And what do you need to do to enjoy all these perks? Simply use your credit cards for your spends instead of a debit card or cash.

Pro Tip:

When you apply for a credit card ensure that you check what rewards program the card offers. Try to go for a card that will give you the maximum benefits for the spends you make often.

Here are the best credit cards for reward points:

American Express Membership Rewards Card:

This card is ideal for a prime user, who is looking to not just collect points but also enjoy a premium value for his spends. The best feature about this card is that as a user you will enjoy one of the highest point to rupee conversion ration in the market. This means that for the points you collect, you can enjoy a much better conversion rate to money than you would with any other card.

Other card features include:
– 1 point for every ₹50 spent, unlike other cards that give you a point for every ₹100 or ₹150 spent.
– 20,000+ Bonus reward points a year.
– Upto 20% off at select partner restaurants.

SBI Card Prime:

This is the best credit card for someone who is looking for the most rewarding experience in terms of not just manifold reward points but also other premium benefits. The best feature in this card is that you can get upto 20X points for your spends.

Other card features include:
– Welcome e-gift vouchers worth 3,000 from Shoppers Stop, Pantaloons, Marks and Spencer, Yatra and Bata/Hush Puppies.
– Gift Vouchers worth upto ₹7,000 on Milestone spends.
– Complimentary Club Vistara Silver Tier Membership

Citi Bank Rewards Credit Card:

This is one of the best credit cards for reward points because the reward points you collect will never expire. So you can redeem them whenever you like, without having to keep a track of their expiry date like you might have to do with other cards.

Other card features include:
– Upto 10X reward points for your spends.
– 6,000+ Bonus reward points a year.
– Up to 15% savings across partner restaurants.

Yes Prosperity Rewards Plus Credit Card:

This is one of the best rewards credit cards because it is lifetime free. It is ideal for someone who wants to save on the joining and annual fee that most credit cards have, and yet enjoy the features of a great card. And that’s not all. The reward points you collect will never expire.

Other card features include:
– Upto 5X reward points on your spends.
– 12,000+ Bonus reward points a year.
– Exclusive dining offers across select partners.

With all these exciting options to choose from, the decision can be tough. But remember that the best reward credit cards offer the ability to earn perks simply by using your card. These can be a great way to pay for a vacation, get cash back for regular spending or even purchase things you’ve had your eye on for a while. So why wait? You can apply for the best credit cards online today!