Rewards & Points · हिन्दी

Reward point redemption ratio

The redemption ratio is the rate at which your accumulated reward points convert into actual rupee value when redeemed, commonly expressed as "1 RP = ₹X." This ratio varies significantly across cards, from as low as ₹0.07 per point on weaker programmes to ₹1 per point on the most generous ones, and it is one of the most important numbers for judging whether a card's headline reward rate is actually worth much in practice. A card advertising a high points-per-rupee rate can still deliver poor real value if its redemption ratio is weak, for example, the YES RESERV's 4:1 redemption ratio dilutes its otherwise strong 3% online spend rate.

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