How to calculate credit card rewards ROI
Start with eligible spend × earn rate, then apply each monthly cap. Multiply the monthly benefit by twelve only if that spend recurs. Subtract the renewal fee plus applicable taxes if you do not meet its waiver threshold. Points are not rupees unless redeemed at a known rate; for HDFC Millennia statement cashback, one CashPoint equals ₹1 subject to its minimum redemption threshold. Welcome bonuses and interest are excluded.
Check your own spend
Caps reset monthly or per statement; merchant classification and exclusions matter. Redeemable value is more useful than a points headline. Annual fee, tax and interest can erase the gain.
Compare your spend →Issuer sources
https://www.sbicard.com/en/faq/cashback-sbi-card-faq.page
https://www.hdfcbank.com/content/api/contentstream-id/723fb80a-2dde-42a3-9793-7ae1be57c87f/ef2bb403-39aa-46ae-aa45-bcd1ac8a538b
https://www.icicibank.com/personal-banking/cards/credit-card/amazon-pay-credit-card
https://www.hsbc.co.in/credit-cards/products/live-plus/
https://www.hdfcbank.com/personal/pay/cards/credit-cards/swiggy-hdfc-bank-credit-card
https://www.hdfcbank.com/personal/pay/cards/credit-cards/tata-neu-infinity-hdfc-bank-credit-card
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