Most Indian credit card holders accumulate thousands of reward points every year — yet a staggering 62% of these points expire unused. If you've ever wondered how to convert credit card points to cash, you're not alone. In 2026, smarter options exist beyond the limited catalogue redemption offered by banks.
Why Convert Points to Cash Instead of Redeeming?
Banks typically offer 0.15 to 0.25 paise per point when you redeem through their catalogue. But platforms like Cashard pay up to 0.40 to 0.80 paise per point, depending on the card program. That means your 10,000 HDFC points could fetch Rs 4,000–Rs 8,000 in instant cash rather than a Rs 1,500 Amazon voucher.
Step-by-Step: How to Convert Points to Cash on Cashard
Step 1: Visit Cashard and Select Your Card
Go to Sell Credit Card Points and select your bank — HDFC, Axis, SBI, AMEX, or HSBC.
Step 2: Enter Your Points Balance
Type in how many reward points you want to sell. The live rate calculator instantly shows your cash value.
Step 3: Submit Your Details
Provide your name, email, and UPI ID. No credit card PIN, OTP, or login credentials are required.
Step 4: Receive Cash via UPI
Cashard processes your request within 24 hours. Cash is sent directly to your UPI-linked bank account.
HDFC Infinia and Diners Club Black points offer the highest cash value — up to Rs 0.80 per point. Axis Magnus follows closely at Rs 0.60 per point.
Points Value Comparison: Redemption vs Cash Conversion
| Card | Bank Redemption | Cashard Cash Value | Extra You Earn |
|---|---|---|---|
| HDFC Infinia (10K pts) | Rs 2,500 | Rs 7,000 | +180% |
| Axis Magnus (10K pts) | Rs 2,000 | Rs 5,500 | +175% |
| SBI Signature (10K pts) | Rs 1,500 | Rs 4,500 | +200% |
Which Cards Can You Convert?
Cashard supports over 40+ reward programs across India's leading banks:
- HDFC Bank: Infinia, Diners Club Black, Regalia, Regalia Gold
- Axis Bank: Magnus, Atlas, Burgundy, Vistara
- SBI Card: Signature, Platinum, Elite, Prime
- AMEX: Platinum, Gold, SmartEarn
- HSBC: Premier, Smart Value, TravelOne
View the complete list of supported programs.
Cashard never asks for your card number, CVV, OTP, or net banking password. The points transfer process is fully guided by the Cashard team, and payment is made within 24 hours via UPI. Learn more about our trust & security measures and how it works.
Common Mistakes to Avoid
- Letting points expire — most cards have a 2-3 year expiry window
- Redeeming for low-value products — catalogue items often deliver 50% less value
- Ignoring accelerated categories — earn 5-10x points on specific spending categories
- Not comparing rates — Cashard's live rate calculator shows you the best deal instantly
Frequently Asked Questions
Ready to Turn Your Points into Cash?
Don't let your hard-earned reward points expire. Convert them to instant cash with Cashard today.
Sell Your Points Now