These three credit cards can earn upto 10% cashback on UPI spends
One Jewel is worth ₹0.20 when redeemed on the app to buy digital gold, brand vouchers or book flights. At this value, 50% Jewels translates into a maximum 10% return. The value is lower for statement credit or cash, where one Jewel is worth ₹0.14. Further, shopping rewards are capped at 10,000 Jewels per statement cycle, 3,000 Jewels per merchant and 1,000 Jewels per transaction. Depending on spending and redemption category, you can expect up to 10% reward on shopping-related payments and up to 1% on other UPI spends.
