Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹150,000 Monthly Scan & Pay Merchant UPI Spend
Top-rated credit cards for ₹150,000/mo spent on Scan & Pay Merchant UPI. #1 HDFC Infinia Metal Edition yields ₹82,686 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+₹82,686
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 | 3.33% | ₹82,686 | Waived (₹0) | +₹82,686 | Apply → |
| #2 | HDFC Diners Club Black Metal EditionHDFC Bank | 3.33% | ₹82,686 | Waived (₹0) | +₹82,686 | Apply → |
| #3 | Axis Bank Atlas Credit CardAxis Bank | 4% | ₹65,901 | ₹5,900 | +₹60,001 | Apply → |
| #4 | YES BANK Marquee Credit CardYES BANK | 2.25% | ₹46,705 | Waived (₹0) | +₹46,705 | Apply → |
| #5 | Myntra Kotak Credit CardKotak Mahindra Bank | 1.25% | ₹43,359 | Waived (₹0) | +₹43,359 | Apply → |
| #6 | Swiggy HDFC Bank Credit CardHDFC Bank | 1% | ₹40,701 | Waived (₹0) | +₹40,701 | Apply → |
| #7 | HDFC Regalia Gold Credit CardHDFC Bank | 1.33% | ₹37,374 | Waived (₹0) | +₹37,374 | Apply → |
| #8 | SBI Cashback Credit CardSBI Card | 1% | ₹34,094 | Waived (₹0) | +₹34,094 | Apply → |
| #9 | HSBC Live+ Credit CardHSBC India | 1.5% | ₹33,918 | Waived (₹0) | +₹33,918 | Apply → |
| #10 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 1.5% | ₹31,454 | Waived (₹0) | +₹31,454 | Apply → |
| #11 | Flipkart Axis Bank Credit CardAxis Bank | 1% | ₹29,689 | Waived (₹0) | +₹29,689 | Apply → |
| #12 | Axis Bank Magnus Credit CardAxis Bank | 2.4% | ₹43,607 | ₹14,750 | +₹28,857 | Apply → |
| #13 | Airtel Axis Bank Credit CardAxis Bank | 1% | ₹28,595 | Waived (₹0) | +₹28,595 | Apply → |
| #14 | Amazon Pay ICICI Bank Credit CardICICI Bank | 1% | ₹27,487 | Waived (₹0) | +₹27,487 | Apply → |
| #15 | Ixigo AU Credit CardAU Small Finance Bank | 1.25% | ₹26,418 | Waived (₹0) | +₹26,418 | Apply → |
| #16 | Kiwi RuPay Credit Card with NeonAxis Bank | 2% | ₹25,539 | Waived (₹0) | +₹25,539 | Apply → |
| #17 | HDFC Millennia Credit CardHDFC Bank | 1% | ₹24,240 | Waived (₹0) | +₹24,240 | Apply → |
| #18 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹22,998 | Waived (₹0) | +₹22,998 | Apply → |
| #19 | Standard Chartered Smart Credit CardStandard Chartered Bank | 1% | ₹21,134 | Waived (₹0) | +₹21,134 | Apply → |
| #20 | IndusInd Bank Tiger Credit CardIndusInd Bank | 1.2% | ₹20,372 | Waived (₹0) | +₹20,372 | Apply → |
| #21 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0.75% | ₹19,980 | Waived (₹0) | +₹19,980 | Apply → |
| #22 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0.5% | ₹14,929 | Waived (₹0) | +₹14,929 | Apply → |
| #23 | IndusInd Bank Legend Credit CardIndusInd Bank | 0.75% | ₹13,267 | Waived (₹0) | +₹13,267 | Apply → |
| #24 | BPCL SBI Card OCTANESBI Card | 0.25% | ₹13,225 | Waived (₹0) | +₹13,225 | Apply → |
| #25 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0.4% | ₹12,689 | Waived (₹0) | +₹12,689 | Apply → |
| #26 | SBI SimplyCLICK Credit CardSBI Card | 0.25% | ₹12,378 | Waived (₹0) | +₹12,378 | Apply → |
| #27 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0.5% | ₹10,355 | Waived (₹0) | +₹10,355 | Apply → |
| #28 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0.5% | ₹8,598 | Waived (₹0) | +₹8,598 | Apply → |
| #29 | ICICI Bank Sapphiro Credit CardICICI Bank | 0.5% | ₹8,428 | Waived (₹0) | +₹8,428 | Apply → |
| #30 | OneCard Metal Credit CardFederal Bank | 0.2% | ₹7,107 | Waived (₹0) | +₹7,107 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹150,000/month spent on Scan & Pay Merchant UPI?▼
HDFC Infinia Metal Edition ranks #1, generating ₹82,686 gross rewards and ₹82,686 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 ₹82,686 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 ₹1,800,000 annual spend, the fee is waived (₹0 effective fee).