Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹100,000 Monthly Gold, Silver & Jewelry Purchases Spend
Top-rated credit cards for ₹100,000/mo spent on Gold, Silver & Jewelry Purchases. #1 HDFC Infinia Metal Edition yields ₹28,873 net annual value (2.41% ROI). Compare full 10-card leaderboard.
🥈 Rank #2 Silver2.41% ROI
HDFC Diners Club Black Metal Edition
HDFC Bank
Net Annual Value+₹28,873
🥉 Rank #3 Bronze1.49% ROI
Myntra Kotak Credit Card
Kotak Mahindra Bank
Net Annual Value+₹17,820
Full 10-Card Ranked Standings (@ ₹1,00,000/mo)
| Rank | Credit Card | Rate in Category | Gross Rewards | Effective Fee | Net Annual Benefit | Action |
|---|---|---|---|---|---|---|
| #1 | HDFC Infinia Metal EditionHDFC Bank | 0% Excluded | ₹28,873 | Waived (₹0) | +₹28,873 | Apply → |
| #2 | HDFC Diners Club Black Metal EditionHDFC Bank | 0% Excluded | ₹28,873 | Waived (₹0) | +₹28,873 | Apply → |
| #3 | Myntra Kotak Credit CardKotak Mahindra Bank | 0% Excluded | ₹17,820 | Waived (₹0) | +₹17,820 | Apply → |
| #4 | Swiggy HDFC Bank Credit CardHDFC Bank | 0% Excluded | ₹17,664 | Waived (₹0) | +₹17,664 | Apply → |
| #5 | Airtel Axis Bank Credit CardAxis Bank | 0% Excluded | ₹15,864 | Waived (₹0) | +₹15,864 | Apply → |
| #6 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 0% Excluded | ₹15,504 | Waived (₹0) | +₹15,504 | Apply → |
| #7 | HSBC Live+ Credit CardHSBC India | 0% Excluded | ₹14,880 | Waived (₹0) | +₹14,880 | Apply → |
| #8 | YES BANK Marquee Credit CardYES BANK | 0% Excluded | ₹14,316 | Waived (₹0) | +₹14,316 | Apply → |
| #9 | HDFC Regalia Gold Credit CardHDFC Bank | 0% Excluded | ₹13,997 | Waived (₹0) | +₹13,997 | Apply → |
| #10 | SBI Cashback Credit CardSBI Card | 0% Excluded | ₹13,920 | Waived (₹0) | +₹13,920 | Apply → |
| #11 | HDFC Millennia Credit CardHDFC Bank | 0% Excluded | ₹13,536 | Waived (₹0) | +₹13,536 | Apply → |
| #12 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹13,032 | Waived (₹0) | +₹13,032 | Apply → |
| #13 | Flipkart Axis Bank Credit CardAxis Bank | 0% Excluded | ₹11,424 | Waived (₹0) | +₹11,424 | Apply → |
| #14 | Amazon Pay ICICI Bank Credit CardICICI Bank | 0% Excluded | ₹10,176 | Waived (₹0) | +₹10,176 | Apply → |
| #15 | Axis Bank Atlas Credit CardAxis Bank | 0% Excluded | ₹15,744 | ₹5,900 | +₹9,844 | Apply → |
| #16 | Ixigo AU Credit CardAU Small Finance Bank | 0% Excluded | ₹8,220 | Waived (₹0) | +₹8,220 | Apply → |
| #17 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0% Excluded | ₹7,272 | Waived (₹0) | +₹7,272 | Apply → |
| #18 | Standard Chartered Smart Credit CardStandard Chartered Bank | 0% Excluded | ₹6,576 | Waived (₹0) | +₹6,576 | Apply → |
| #19 | BPCL SBI Card OCTANESBI Card | 0% Excluded | ₹6,144 | Waived (₹0) | +₹6,144 | Apply → |
| #20 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0% Excluded | ₹5,760 | Waived (₹0) | +₹5,760 | Apply → |
| #21 | Kiwi RuPay Credit Card with NeonAxis Bank | 0% Excluded | ₹5,712 | Waived (₹0) | +₹5,712 | Apply → |
| #22 | SBI SimplyCLICK Credit CardSBI Card | 0% Excluded | ₹5,664 | Waived (₹0) | +₹5,664 | Apply → |
| #23 | IndusInd Bank Tiger Credit CardIndusInd Bank | 0% Excluded | ₹5,064 | Waived (₹0) | +₹5,064 | Apply → |
| #24 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0% Excluded | ₹5,030 | Waived (₹0) | +₹5,030 | Apply → |
| #25 | IndusInd Bank Legend Credit CardIndusInd Bank | 0% Excluded | ₹3,468 | Waived (₹0) | +₹3,468 | Apply → |
| #26 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0% Excluded | ₹3,168 | Waived (₹0) | +₹3,168 | Apply → |
| #27 | OneCard Metal Credit CardFederal Bank | 0% Excluded | ₹2,947 | Waived (₹0) | +₹2,947 | Apply → |
| #28 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0% Excluded | ₹2,172 | Waived (₹0) | +₹2,172 | Apply → |
| #29 | ICICI Bank Sapphiro Credit CardICICI Bank | 0% Excluded | ₹2,076 | Waived (₹0) | +₹2,076 | Apply → |
| #30 | Axis Bank Magnus Credit CardAxis Bank | 0% Excluded | ₹11,750 | ₹14,750 | +-₹3,000 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹100,000/month spent on Gold, Silver & Jewelry Purchases?▼
HDFC Infinia Metal Edition ranks #1, generating ₹28,873 gross rewards and ₹28,873 in net annual value (2.41% effective yield) after deducting annual fees.
How does the runner-up compare to the winner?▼
The #2 card is HDFC Diners Club Black Metal Edition delivering ₹28,873 net annual value. HDFC Infinia Metal Edition outperforms it by ₹0/year.
Which credit cards should I avoid for Gold, Silver & Jewelry Purchases?▼
Avoid HDFC Infinia Metal Edition, HDFC Diners Club Black Metal Edition, Myntra Kotak Credit Card, as they provide 0.0% rewards on Gold, Silver & Jewelry Purchases due to bank category exclusions.
Will the annual fee of the winning card be waived?▼
For HDFC Infinia Metal Edition at ₹1,200,000 annual spend, the fee is waived (₹0 effective fee).