Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹150,000 Monthly Gold, Silver & Jewelry Purchases Spend
Top-rated credit cards for ₹150,000/mo spent on Gold, Silver & Jewelry Purchases. #1 HDFC Infinia Metal Edition yields ₹43,310 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+₹43,310
🥉 Rank #3 Bronze1.49% ROI
Myntra Kotak Credit Card
Kotak Mahindra Bank
Net Annual Value+₹26,730
Full 10-Card Ranked Standings (@ ₹1,50,000/mo)
| Rank | Credit Card | Rate in Category | Gross Rewards | Effective Fee | Net Annual Benefit | Action |
|---|---|---|---|---|---|---|
| #1 | HDFC Infinia Metal EditionHDFC Bank | 0% Excluded | ₹43,310 | Waived (₹0) | +₹43,310 | Apply → |
| #2 | HDFC Diners Club Black Metal EditionHDFC Bank | 0% Excluded | ₹43,310 | Waived (₹0) | +₹43,310 | Apply → |
| #3 | Myntra Kotak Credit CardKotak Mahindra Bank | 0% Excluded | ₹26,730 | Waived (₹0) | +₹26,730 | Apply → |
| #4 | Swiggy HDFC Bank Credit CardHDFC Bank | 0% Excluded | ₹26,496 | Waived (₹0) | +₹26,496 | Apply → |
| #5 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 0% Excluded | ₹23,256 | Waived (₹0) | +₹23,256 | Apply → |
| #6 | YES BANK Marquee Credit CardYES BANK | 0% Excluded | ₹21,474 | Waived (₹0) | +₹21,474 | Apply → |
| #7 | HDFC Regalia Gold Credit CardHDFC Bank | 0% Excluded | ₹20,995 | Waived (₹0) | +₹20,995 | Apply → |
| #8 | SBI Cashback Credit CardSBI Card | 0% Excluded | ₹20,880 | Waived (₹0) | +₹20,880 | Apply → |
| #9 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹19,548 | Waived (₹0) | +₹19,548 | Apply → |
| #10 | HSBC Live+ Credit CardHSBC India | 0% Excluded | ₹18,480 | Waived (₹0) | +₹18,480 | Apply → |
| #11 | Airtel Axis Bank Credit CardAxis Bank | 0% Excluded | ₹18,456 | Waived (₹0) | +₹18,456 | Apply → |
| #12 | Axis Bank Atlas Credit CardAxis Bank | 0% Excluded | ₹23,616 | ₹5,900 | +₹17,716 | Apply → |
| #13 | Flipkart Axis Bank Credit CardAxis Bank | 0% Excluded | ₹17,136 | Waived (₹0) | +₹17,136 | Apply → |
| #14 | Amazon Pay ICICI Bank Credit CardICICI Bank | 0% Excluded | ₹15,264 | Waived (₹0) | +₹15,264 | Apply → |
| #15 | HDFC Millennia Credit CardHDFC Bank | 0% Excluded | ₹14,304 | Waived (₹0) | +₹14,304 | Apply → |
| #16 | Ixigo AU Credit CardAU Small Finance Bank | 0% Excluded | ₹12,330 | Waived (₹0) | +₹12,330 | Apply → |
| #17 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0% Excluded | ₹10,908 | Waived (₹0) | +₹10,908 | Apply → |
| #18 | Standard Chartered Smart Credit CardStandard Chartered Bank | 0% Excluded | ₹9,864 | Waived (₹0) | +₹9,864 | Apply → |
| #19 | BPCL SBI Card OCTANESBI Card | 0% Excluded | ₹9,216 | Waived (₹0) | +₹9,216 | Apply → |
| #20 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0% Excluded | ₹8,640 | Waived (₹0) | +₹8,640 | Apply → |
| #21 | Kiwi RuPay Credit Card with NeonAxis Bank | 0% Excluded | ₹8,568 | Waived (₹0) | +₹8,568 | Apply → |
| #22 | SBI SimplyCLICK Credit CardSBI Card | 0% Excluded | ₹8,496 | Waived (₹0) | +₹8,496 | Apply → |
| #23 | IndusInd Bank Tiger Credit CardIndusInd Bank | 0% Excluded | ₹7,596 | Waived (₹0) | +₹7,596 | Apply → |
| #24 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0% Excluded | ₹7,546 | Waived (₹0) | +₹7,546 | Apply → |
| #25 | IndusInd Bank Legend Credit CardIndusInd Bank | 0% Excluded | ₹5,202 | Waived (₹0) | +₹5,202 | Apply → |
| #26 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0% Excluded | ₹4,752 | Waived (₹0) | +₹4,752 | Apply → |
| #27 | OneCard Metal Credit CardFederal Bank | 0% Excluded | ₹4,421 | Waived (₹0) | +₹4,421 | Apply → |
| #28 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0% Excluded | ₹3,258 | Waived (₹0) | +₹3,258 | Apply → |
| #29 | ICICI Bank Sapphiro Credit CardICICI Bank | 0% Excluded | ₹3,114 | Waived (₹0) | +₹3,114 | Apply → |
| #30 | Axis Bank Magnus Credit CardAxis Bank | 0% Excluded | ₹17,626 | ₹14,750 | +₹2,876 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹150,000/month spent on Gold, Silver & Jewelry Purchases?▼
HDFC Infinia Metal Edition ranks #1, generating ₹43,310 gross rewards and ₹43,310 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 ₹43,310 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 ₹1,800,000 annual spend, the fee is waived (₹0 effective fee).