The credit card reward mirage: High earn rates, low real returns

Quick Summary:

Credit card rewards are only as valuable as their conversion rate.

According to Shetty, airlines and hotel chains often offer better value due to bulk deal arrangements.

Reward point conversion is driven by strategic partnerships and backend negotiations.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Reward point value Credit card rewards Axis Bank Magnus benefits Maximize credit card rewards Credit card tips Standard Chartered Ultimate rewards Smart credit card usage Kotak Solitaire Air India miles Credit card strategy India HDFC Infinia review High value credit cards HDFC SmartBuy rewards Reward points worth Credit card mistakes to avoid Cashback vs rewards Credit card points redemption Travel credit cards India Credit card comparison India Redeem credit card points Best credit cards India

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 16:53:53 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28924069

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 306 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions