GUIDESCREDIT CARDS
How to Earn & Redeem Credit Card Reward Points Online
3 MIN • 
LAST EDITED BY PRANAV KARNAD ON APRIL 23, 2025.
LAST EDITED BY PRANAV KARNAD ON APRIL 23, 2025.
GUIDES LAST EDITED BY PRANAV KARNAD ON APRIL 23, 2025.
India has a growing number of credit card users as more banks offer cards to fit all types of spenders. From urban professionals to small town residents, more people are using plastic for payment. The incentive people have to redeem credit card points is a big draw for many, leading card issuers to come up with new ways to reward holders.
A reward credit card is a good option if you plan to use it for most of your spending needs. These cards offer more rewards points for every swipe and accumulate over time, which can be redeemed for future spending. Each credit card has a pre-defined reward point system set by the card issuer and type of card. For example, you can earn 10 points in rewards for every ₹100 spent.
To redeem reward points, you first need to understand how to earn them. Choose a credit card that matches your spending habits. For example, if you travel a lot, choose a card that rewards travel expenses. If you shop online, a card that offers reward points for e-commerce purchases would be ideal. The more you spend with the card, the more reward points you will earn. Rewards come with expiry dates and bonus points for spending milestones. Some credit cards also offer sign-up rewards. Be aware of how your credit card works for you in terms of rewards and redemption deadlines. Knowing these details can help you maximise your reward points earnings and ensure you redeem credit card points before they expire.
The way to redeem your reward points after earning them is easily done online. As most of your credit card based operations can be done online, so can redeeming reward points. Credit cards are offered by banks or financial institutions and you can visit any portal of your card issuer to redeem your credit card points online. Here are the steps, in general, to follow when you wish to redeem your credit card points:
People use cards for rewards and customised rewards have made credit card use more efficient and popular. However, credit card use requires responsibility as bills must be settled to avoid penalties. If you want to monitor your finances online, including your payments, you can do so with the help of Fi. Fi is a one-stop place for any financial need, be it investing and growing wealth or keeping track of your money.
Credit card rewards don't have to just be about points and spends. When you choose the Fi-Federal Co-Branded Credit Card , you get 5% valueback on your spends. That's not all, Fi rewards you based on your spending habits. Moreover there are rewards you unlock when you hit spending milestones with this super rewarding credit card.
Yes. However, you must ensure the card is tailor-made for your needs. It helps you spend according to your unique requirements while earning rewards which can be redeemed/converted to rewards (such as cash credit, merchandise, or other products/services).
Select a credit card that's tailored to your specific spending patterns. So, you spend more on it & inadvertently earn too via rewards. Also, your credit card points come with an expiry date, so remember to redeem points before this date.
