Best credit card for ₹40,000 a month of card spend

On ₹40,000 a month on cards, split the way most people spend: online shopping, groceries, food delivery, dining, fuel, bills, travel, UPI and other, the card that returns the most is HSBC Live+ Credit Card: about ₹15,839 a year after its fee, which is 3.34% of what you put on cards. PhonePe SBI Card SELECT BLACK comes next at ₹14,556. The middle card out of the 173 we could score returns ₹2,374, so the choice matters.

How this was worked out: ₹40,000 a month on cards, split the way most people spend: online shopping, groceries, food delivery, dining, fuel, bills, travel, UPI and other. Points counted as cashback. Figures are what each card returns in a year after its annual fee, read from the banks' own pages, last on 2026-09-30.

The top 10

  1. HSBC Live+ Credit Card (HSBC, ₹999 a year): ₹15,839 a year, 3.34% back. Earns most on online shopping (₹4,702) and groceries (₹3,820).
  2. PhonePe SBI Card SELECT BLACK (SBI Card, ₹1,499 a year): ₹14,556 a year, 3.07% back. Earns most on online shopping (₹4,800) and bills & utilities (₹3,936).
  3. HSBC Premier Credit Card (HSBC, No annual fee): ₹11,700 a year, 2.47% back. Earns most on online shopping (₹2,880) and groceries (₹2,340).
  4. Cashback SBI Card (SBI Card, ₹999 a year): ₹10,620 a year, 2.24% back. Earns most on online shopping (₹4,800) and travel & flights (₹2,400).
  5. BOBCARD Cashback Credit Card (BOBCARD, ₹499 a year): ₹10,601 a year, 2.24% back. Earns most on online shopping (₹4,800) and travel & flights (₹2,400).
  6. Swiggy BLCK HDFC Bank Credit Card (HDFC Bank, ₹1,000 a year): ₹9,684 a year, 2.04% back. Earns most on online shopping (₹4,800) and food delivery (₹2,304).
  7. Swiggy HDFC Bank Credit Card (HDFC Bank, ₹500 a year): ₹9,684 a year, 2.04% back. Earns most on online shopping (₹4,800) and food delivery (₹2,304).
  8. PhonePe HDFC Bank Ultimo Credit Card (HDFC Bank, ₹999 a year): ₹9,600 a year, 2.03% back. Earns most on online shopping (₹3,840) and bills & utilities (₹3,840).
  9. PhonePe SBI Card PURPLE (SBI Card, ₹499 a year): ₹9,468 a year, 2% back. Earns most on online shopping (₹1,920) and bills & utilities (₹1,248).
  10. BOBCARD Eterna Credit Card (BOBCARD, ₹2,499 a year): ₹9,405 a year, 1.98% back. Earns most on online shopping (₹3,600) and travel & flights (₹1,800).

Your spending is not this spending. Put in your own numbers and the ranking re-sorts for you, with the working shown for every card.

Common questions

What is the best credit card for ₹40,000 a month of card spend?

On ₹40,000 a month on cards, split the way most people spend: online shopping, groceries, food delivery, dining, fuel, bills, travel, UPI and other, SahiCard ranks HSBC Live+ Credit Card first, returning about ₹15,839 a year after fees. Your own spending split can change the order, so check it on your numbers.

How are these figures worked out?

SahiCard takes each card's reward rates, monthly caps, excluded categories, foreign currency markup and annual fee from the bank's own pages and terms, applies them to the spending above, and shows the rupees left in a year. Cards are read from the banks' pages, last on 2026-09-30.

Will my result be different?

Probably, a little. Caps and bonus rates depend on where you spend, not just how much. Put in your own monthly spend by category on SahiCard to see your ranking.

Does a bank pay to be ranked higher?

No. SahiCard is independent: no bank pays us, sponsors us or sees what you type. The ranking is only the arithmetic.

Is this financial advice?

No. It is information worked out from each bank's published terms. Eligibility, approval and offers are set by the bank, so check the bank's own page before you apply.

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