Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹100,000 Monthly Scan & Pay Merchant UPI Spend
Top-rated credit cards for ₹100,000/mo spent on Scan & Pay Merchant UPI. #1 HDFC Infinia Metal Edition yields ₹55,124 net annual value (4.59% ROI). Compare full 10-card leaderboard.
🥈 Rank #2 Silver4.59% ROI
HDFC Diners Club Black Metal Edition
HDFC Bank
Net Annual Value+₹55,124
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 | 3.33% | ₹55,124 | Waived (₹0) | +₹55,124 | Apply → |
| #2 | HDFC Diners Club Black Metal EditionHDFC Bank | 3.33% | ₹55,124 | Waived (₹0) | +₹55,124 | Apply → |
| #3 | Axis Bank Atlas Credit CardAxis Bank | 4% | ₹43,934 | ₹5,900 | +₹38,034 | Apply → |
| #4 | YES BANK Marquee Credit CardYES BANK | 2.25% | ₹31,136 | Waived (₹0) | +₹31,136 | Apply → |
| #5 | Myntra Kotak Credit CardKotak Mahindra Bank | 1.25% | ₹28,906 | Waived (₹0) | +₹28,906 | Apply → |
| #6 | Swiggy HDFC Bank Credit CardHDFC Bank | 1% | ₹27,134 | Waived (₹0) | +₹27,134 | Apply → |
| #7 | HSBC Live+ Credit CardHSBC India | 1.5% | ₹26,612 | Waived (₹0) | +₹26,612 | Apply → |
| #8 | HDFC Regalia Gold Credit CardHDFC Bank | 1.33% | ₹24,916 | Waived (₹0) | +₹24,916 | Apply → |
| #9 | Airtel Axis Bank Credit CardAxis Bank | 1% | ₹23,711 | Waived (₹0) | +₹23,711 | Apply → |
| #10 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 1.5% | ₹22,969 | Waived (₹0) | +₹22,969 | Apply → |
| #11 | SBI Cashback Credit CardSBI Card | 1% | ₹22,729 | Waived (₹0) | +₹22,729 | Apply → |
| #12 | HDFC Millennia Credit CardHDFC Bank | 1% | ₹20,160 | Waived (₹0) | +₹20,160 | Apply → |
| #13 | Flipkart Axis Bank Credit CardAxis Bank | 1% | ₹19,793 | Waived (₹0) | +₹19,793 | Apply → |
| #14 | Kiwi RuPay Credit Card with NeonAxis Bank | 2% | ₹19,426 | Waived (₹0) | +₹19,426 | Apply → |
| #15 | Amazon Pay ICICI Bank Credit CardICICI Bank | 1% | ₹18,325 | Waived (₹0) | +₹18,325 | Apply → |
| #16 | Ixigo AU Credit CardAU Small Finance Bank | 1.25% | ₹17,612 | Waived (₹0) | +₹17,612 | Apply → |
| #17 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹15,332 | Waived (₹0) | +₹15,332 | Apply → |
| #18 | Axis Bank Magnus Credit CardAxis Bank | 2.4% | ₹29,071 | ₹14,750 | +₹14,321 | Apply → |
| #19 | Standard Chartered Smart Credit CardStandard Chartered Bank | 1% | ₹14,089 | Waived (₹0) | +₹14,089 | Apply → |
| #20 | IndusInd Bank Tiger Credit CardIndusInd Bank | 1.2% | ₹13,581 | Waived (₹0) | +₹13,581 | Apply → |
| #21 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0.75% | ₹13,320 | Waived (₹0) | +₹13,320 | Apply → |
| #22 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0.5% | ₹9,953 | Waived (₹0) | +₹9,953 | Apply → |
| #23 | IndusInd Bank Legend Credit CardIndusInd Bank | 0.75% | ₹8,845 | Waived (₹0) | +₹8,845 | Apply → |
| #24 | BPCL SBI Card OCTANESBI Card | 0.25% | ₹8,816 | Waived (₹0) | +₹8,816 | Apply → |
| #25 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0.4% | ₹8,459 | Waived (₹0) | +₹8,459 | Apply → |
| #26 | SBI SimplyCLICK Credit CardSBI Card | 0.25% | ₹8,252 | Waived (₹0) | +₹8,252 | Apply → |
| #27 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0.5% | ₹6,904 | Waived (₹0) | +₹6,904 | Apply → |
| #28 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0.5% | ₹5,732 | Waived (₹0) | +₹5,732 | Apply → |
| #29 | ICICI Bank Sapphiro Credit CardICICI Bank | 0.5% | ₹5,619 | Waived (₹0) | +₹5,619 | Apply → |
| #30 | OneCard Metal Credit CardFederal Bank | 0.2% | ₹4,738 | Waived (₹0) | +₹4,738 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹100,000/month spent on Scan & Pay Merchant UPI?▼
HDFC Infinia Metal Edition ranks #1, generating ₹55,124 gross rewards and ₹55,124 in net annual value (4.59% 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 ₹55,124 net annual value. HDFC Infinia Metal Edition outperforms it by ₹0/year.
Which credit cards should I avoid for Scan & Pay Merchant UPI?▼
Avoid American Express Membership Rewards Credit Card, as they provide 0.0% rewards on Scan & Pay Merchant UPI 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).