Not all redemption paths are created equal. Here's how to get the most from your reward points.
Most credit card holders redeem points through the bank's standard catalogue — often getting 25-30 paisa per point. But the same points can be worth 50 paisa to over ₹1 per point through smarter redemption paths. Understanding your options is the first step to unlocking real value.
Redeeming through bank's catalogue or as statement credit. Typical value: ₹0.20-0.30 per point. This is almost always the worst option — banks deliberately keep catalogue values low.
Converting points to Amazon, Flipkart, or brand vouchers. Typical value: ₹0.30-0.50 per point. Better than cashback, but you're locked into one brand. If you won't use the voucher, the value is wasted.
Premium cards (HDFC Infinia, Axis Magnus, Amex) let you transfer to airline frequent flyer programs. Typical value: ₹0.70-1.50+ per point. The best value if you have travel plans and can find award availability. Our concierge can help →
Expert-guided award booking gets you Business/First Class flights at maximum value. Typical value: ₹1.00-2.00+ per point. Best when you transfer points to airline miles and use them for premium cabin bookings. Request booking →
For eligible programs, Cashard facilitates escrow-protected value recovery. Typical value: ₹0.35-0.70 per point. Best when you don't have travel plans and want flexible cash instead of locked-in vouchers. Check value →
* Per-point values are indicative and depend on specific redemption chosen. Transfer partner values based on award booking usage.
Use our calculator or ask an expert for personalized advice.