What is Reward rate?
Value you get back per ₹100 (≈$1.20) spent.
Short answer
Points with low redemption value or redemption fees.
Reward rate when buying a credit card (india)
Value you get back per ₹100 (≈$1.20) spent.
Why it matters: Compare in rupees: 4 points per ₹150 (≈$1.80) at ₹0.25 (≈$0.003) a point is only 0.67%.
Look for: Points with low redemption value or redemption fees.
Full Credit Card (India) buying guide