Credit Card Reward Calculator – Maximize Your Rewards with This Powerful Calculator

By | April 4, 2024
Credit Card Reward Calculator

Ever feel overwhelmed by the endless array of credit cards, each promising the best reward? You’re not alone. Choosing the right credit card can be a daunting task, especially with so many factors to consider.

But fret no more! Introducing a revolutionary credit card reward calculator. This credit card reward calculator is an outcome of my efforts over the last 6 months. Hopefully, it will be a one-stop shop for all your credit card comparison needs.

Credit Card Reward Calculator

What makes this calculator different?

  • Compares over 40 popular credit cards: The calculator analyses a vast selection of cards. As of now 40+ credit cards are compared. I am in the process of adding more credit cards to the reward calculator. Meanwhile, do tell me which credit cards you would like to see in the calculator on a priority basis.
  • Rewards calculated based on your spending pattern: I am a firm believer that no one credit card is the best credit card for everyone. Depending on the spending pattern of an individual the best credit card also changes. Thus, the credit card reward calculator goes beyond simple comparisons. This calculator considers your spending habits across 20 categories, including Amazon gift vouchers, groceries, travel, fuel, and more.
  • Unveils the true reward rate: The algorithm factors in reward points earned on regular spends, quarterly, monthly and annual milestones if any, cashback and milestone vouchers. The credit card reward calculator factors in the annual fees too, thus, giving you a clear picture of the actual rewards rate.
  • Finds your top 5 matches: Based on your spending data, the calculator identifies the 5 credit cards with the highest potential return on your spending.

Here’s how it works:

  1. Input your spending: Enter your average monthly spending in each of the provided categories. I have listed 20 categories. You may enter “0” against a category where you don’t spend.
  2. Auto/Manual mode: The credit card reward calculator is set to “Auto” mode. I.e. It returns the best 5 credit cards based on reward rate after annual fees. However, you can change the mode to “Manual” and select the credit cards that you want to compare.
  3. Let the calculator work its magic: Sit back and relax! The calculator will analyze your data and compare it to the available credit cards.
  4. Discover your top choices: The output will showcase the 5 credit cards with the highest potential rewards based on your spending habits.

List of Credit Cards

Below is a bank-wise list of credit cards that I have included in the credit card reward calculator

American Express (Apply Now)

Amex Gold Card; Amex MRCC; Amex Plat Travel; Amex SmartEarn

AU Small Finance Bank (Apply Now)

AU Xcite Ace; ixigo AU Card

Axis Bank (Apply Now)

Axis Ace; Axis Airtel; Axis Atlas; Axis Bank Indian Oil Rupay; Axis Flipkart; Axis Magnus;

Bank of Baroda (Apply Now)

BoB Eterna; BoB HPCL Energie

HDFC Bank (Apply Now)

HDFC Bank Indian Oil; Diners Black; Diners Black Metal; HDFC Infinia; HDFC Millennia; HDFC Regalia Gold; HDFC Swiggy; Tata Neu Infinity; Tata Neu Plus


HSBC Cashback

ICICI Bank (Apply Now)

ICICI AmazonPay; ICICI HPCL Super Saver

IDFC First Bank (Apply Now)

IDFC FIRST Select; IDFC FIRST Wealth; IDFC HPCL First Power; IDFC HPCL First Power+.

Kotak Bank

Kotak Indian Oil

SBI Card (Apply Now)

Reliance SBI Card; Reliance SBI Prime; SBI BPCL; SBI BPCL Octane; SBI Cashback; SBI Prime Card;

Standard Chartered Bank (Apply Now)

SC Smart; SC Super Value Titanium

Union Bank

Union Uni Carbon

Ready to unlock the true potential of your credit card rewards?

The calculator is below. Best viewed in Chrome on a desktop computer.

Use our powerful credit card reward calculator today and find the perfect card to match your lifestyle and maximize your earnings!

Bonus Tip: Regularly review your spending patterns and revisit the calculator to ensure you’re still getting the best deal on your credit card. Also, do check out my Reward Point Transfer Calculator.

By using our credit card reward calculator, you can achieve:

  • Increased savings: Identify the card with the most lucrative rewards program for your spending habits.
  • Informed decisions: Gain a comprehensive understanding of different credit card options with minimal effort.
  • Effortless comparison: Save time and eliminate confusion by comparing a wide range of cards simultaneously.

Do highlight if there are any errors/mistakes in the calculations. Happy to correct them.

Image Courtesy: Google Gemini
Last updated in March 2024, to account for the fresh devaluation of Axis Cards.


In the interest of full disclosure, Credit Cardz may earn a referral bonus for anyone that’s approved through some of the links in this post. However, opinions and views expressed here are of the author's alone and not those of the bank, credit card issuer, or anyone else and have not been reviewed, approved or otherwise endorsed by any of these entities.

Author: CreditCardz

Hi, I am an avid credit card user who loves minting reward points on credit cards. I try to put every possible expense on credit card to earn maximum reward points and want realize my dream to travel the world using just rewards points.

9 thoughts on “Credit Card Reward Calculator – Maximize Your Rewards with This Powerful Calculator

  1. Sandeep

    In your calculator somehow you are not accounting milestone benefits and annual benefits for axis vistara cards.

    1. CreditCardz Post author

      Hey Sagar
      The calculator is an embedded excel sheet that loads along with the article. It may at time take longer to load.

  2. Sandeep

    First of all thank you so much for providing this fantastic tool to calculate the rewards to find out which card suits you the best. But just as I was going though this calculator I found that apart from the fact that this calculator was not considering the value to milestone tickets for Axis’s vistara cards its also not considering the quarterly milestone rewards for HDFC Diners Club Black Metal cards. May be you can add option to put column for annual/quarterly/one off lumpy spends so that these benefits get captured in case someone wants. another thing is the value of rewards points may be you can add a option to change its value if one wants to change as value depends purely on how you are going to redeem it.
    again all these points are mentioned as an scope for further improvement in a already fantastic tool. Thanks

    1. CreditCardz Post author

      Hey Sandeep.
      Thanks once again for the inputs.
      Diners metal qtrly 10k rewards pts are taken into account. maybe a linking error from my side and not shown in the qtrly bonus column.
      Input for value of reward pt is a great idea. will work to incorporate it.

      1. Sudiv

        Just a small suggestion, using gyftr or SB for infinia you can get 16.5% RPs and 10% for DCB. Maybe you can incorporate that as well for accelerated rewards

  3. Sanjay

    Any chance you can show all 40 credit cards so that it becomes easier to compare for each category? I did not know that HDFC Swiggy was the better card for online food ordering and online grocery purchases. Also, I have Citi Cashback and Premier Miles cards as well. How do I track their effectiveness?

  4. Mohit Golcha

    Hey ! thanks for the amazing tool. Can you also give a download link as it is difficult using it on the page.


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