#1 the call Keep
Axis Magnus for Burgundy
₹6,74,400
net ₹/yr at ₹5L/mo
11.24% effective at ₹5L/mo · ₹30,000 fee
Best of · July 2026
Where ₹5L a month should live.
At ₹60L a year, fees are noise and earn curves are everything: tiers kick in, milestones clear, waivers trigger. Run every card through the calculator at ₹5L a month and Axis Magnus for Burgundy pays ₹6,74,400 a year net — the biggest number on the desk. All 58 cards, ranked on the same spend, below.
Computed from the data desk · July 2026 build
The top three
#2 Keep
Axis Magnus (legacy)
₹3,37,200
net ₹/yr at ₹5L/mo
5.62% effective at ₹5L/mo · ₹12,500 fee
#3 Keep
IDFC FIRST Private
₹3,33,106
net ₹/yr at ₹5L/mo
5.55% effective at ₹5L/mo · ₹50,000 fee
The rest of the field
| # | Card | net ₹/yr at ₹5L/mo | The math |
|---|---|---|---|
| 4 | Axis Atlas | ₹2,55,000 | 4.25% effective at ₹5L/mo · ₹5,000 fee |
| 5 | IndusInd Tiger | ₹2,40,006 | 4.00% effective at ₹5L/mo · ₹0 fee |
| 6 | HDFC Diners Club Black Metal | ₹2,39,800 | 4.00% effective at ₹5L/mo · ₹10,000 fee |
| 7 | HDFC Infinia Metal | ₹1,99,800 | 3.33% effective at ₹5L/mo · ₹12,500 fee |
| 8 | IDFC FIRST Mayura | ₹1,97,593 | 3.29% effective at ₹5L/mo · ₹5,999 fee |
| 9 | Standard Chartered Ultimate | ₹1,94,800 | 3.25% effective at ₹5L/mo · ₹5,000 fee |
| 10 | ICICI Emeralde Private Metal | ₹1,86,000 | 3.10% effective at ₹5L/mo · ₹12,499 fee |
| 11 | Axis Bank Reserve | ₹1,80,000 | 3.00% effective at ₹5L/mo · ₹50,000 fee |
| 12 | Axis Miles & More World Select | ₹1,79,500 | 2.99% effective at ₹5L/mo · ₹4,500 fee |
| 13 | ICICI Times Black | ₹1,70,000 | 2.83% effective at ₹5L/mo · ₹20,000 fee |
| 14 | BOBCARD Etihad Guest Premium | ₹1,66,000 | 2.77% effective at ₹5L/mo · ₹5,000 fee |
| 15 | HSBC Premier (Metal) | ₹1,60,000 | 2.67% effective at ₹5L/mo · ₹20,000 fee |
| 16 | IDFC FIRST Ashva | ₹1,56,709 | 2.61% effective at ₹5L/mo · ₹2,999 fee |
| 17 | YES Bank Marquee | ₹1,35,000 | 2.25% effective at ₹5L/mo · ₹4,999 fee |
| 18 | HSBC TravelOne | ₹1,30,000 | 2.17% effective at ₹5L/mo · ₹4,999 fee |
| 19 | IndusInd Avios Visa Infinite | ₹1,26,000 | 2.10% effective at ₹5L/mo · ₹5,000 fee |
| 20 | Scapia (Federal Bank) | ₹1,20,000 | 2.00% effective at ₹5L/mo · ₹0 fee |
| 21 | Kotak White Reserve | ₹1,20,000 | 2.00% effective at ₹5L/mo · ₹12,500 fee |
| 22 | Axis Miles & More World | ₹1,19,500 | 1.99% effective at ₹5L/mo · ₹3,500 fee |
| 23 | Axis Horizon | ₹1,18,500 | 1.98% effective at ₹5L/mo · ₹3,000 fee |
| 24 | HDFC Regalia Gold | ₹1,13,800 | 1.90% effective at ₹5L/mo · ₹2,500 fee |
| 25 | Emirates Skywards ICICI Bank Emeralde | ₹1,07,000 | 1.78% effective at ₹5L/mo · ₹10,000 fee |
| 26 | Tata Neu Infinity HDFC Bank | ₹90,000 | 1.50% effective at ₹5L/mo · ₹1,499 fee |
| 27 | Adani One ICICI Bank Signature | ₹90,000 | 1.50% effective at ₹5L/mo · ₹5,000 fee |
| 28 | YES Bank RESERV | ₹90,000 | 1.50% effective at ₹5L/mo · ₹2,499 fee |
| 29 | Amex Platinum Travel | ₹85,000 | 1.42% effective at ₹5L/mo · ₹5,000 fee |
| 30 | Emirates Skywards ICICI Bank Sapphiro | ₹80,500 | 1.34% effective at ₹5L/mo · ₹5,000 fee |
| 31 | SBI Card MILES ELITE | ₹80,000 | 1.33% effective at ₹5L/mo · ₹4,999 fee |
| 32 | SBI Card MILES PRIME | ₹75,000 | 1.25% effective at ₹5L/mo · ₹2,999 fee |
| 33 | IDFC FIRST Wealth | ₹72,900 | 1.21% effective at ₹5L/mo · ₹0 fee |
| 34 | Amex Membership Rewards Card | ₹72,000 | 1.20% effective at ₹5L/mo · ₹4,500 fee |
| 35 | Amex Platinum Reserve | ₹72,000 | 1.20% effective at ₹5L/mo · ₹10,000 fee |
| 36 | HDFC Diners Club Privilege | ₹66,000 | 1.10% effective at ₹5L/mo · ₹1,000 fee |
| 37 | Amex Gold Charge | ₹61,500 | 1.03% effective at ₹5L/mo · ₹4,500 fee |
| 38 | MakeMyTrip ICICI Bank | ₹60,000 | 1.00% effective at ₹5L/mo · ₹999 fee |
| 39 | Marriott Bonvoy HDFC Bank | ₹51,561 | 0.86% effective at ₹5L/mo · ₹3,000 fee |
| 40 | IndusInd Legend | ₹50,400 | 0.84% effective at ₹5L/mo · ₹5,000 fee |
| 41 | BOBCARD Eterna | ₹50,000 | 0.83% effective at ₹5L/mo · ₹2,499 fee |
| 42 | AU Zenith | ₹48,000 | 0.80% effective at ₹5L/mo · ₹7,999 fee |
| 43 | IRCTC SBI Card Premier | ₹48,000 | 0.80% effective at ₹5L/mo · ₹1,499 fee |
| 44 | IndusInd Pinnacle World | ₹48,000 | 0.80% effective at ₹5L/mo · ₹15,000 fee |
| 45 | Amex Platinum Charge | ₹44,000 | 0.73% effective at ₹5L/mo · ₹66,000 fee |
| 46 | RBL World Safari | ₹43,250 | 0.72% effective at ₹5L/mo · ₹3,000 fee |
| 47 | AU Ananta | ₹42,500 | 0.71% effective at ₹5L/mo · ₹2,000 fee |
| 48 | Kotak Privy League Signature | ₹37,500 | 0.63% effective at ₹5L/mo · ₹2,500 fee |
| 49 | RBL Icon | ₹36,250 | 0.60% effective at ₹5L/mo · ₹5,000 fee |
| 50 | SBI Card MILES | ₹35,000 | 0.58% effective at ₹5L/mo · ₹1,499 fee |
| 51 | ICICI Sapphiro | ₹35,000 | 0.58% effective at ₹5L/mo · ₹3,500 fee |
| 52 | ICICI Bank Rubyx | ₹33,750 | 0.56% effective at ₹5L/mo · ₹2,000 fee |
| 53 | AU Vetta | ₹32,500 | 0.54% effective at ₹5L/mo · ₹2,999 fee |
| 54 | Standard Chartered EaseMyTrip | ₹30,000 | 0.50% effective at ₹5L/mo · ₹350 fee |
| 55 | AU Zenith+ | ₹18,000 | 0.30% effective at ₹5L/mo · ₹4,999 fee |
| 56 | Federal Bank Celesta | ₹15,000 | 0.25% effective at ₹5L/mo · ₹0 fee |
| 57 | OneCard Metal | ₹12,000 | 0.20% effective at ₹5L/mo · ₹0 fee |
| 58 | Axis Bank SELECT | ₹5,800 | 0.10% effective at ₹5L/mo · ₹3,000 fee |
How this is computed
Every card, one spend: ₹5L a month (₹60L a year) through the calculator engine — real earn tiers, category caps baked into the rates, annual milestones, monthly bonuses, and the fee (waived where the spend clears the issuer's waiver bar) at our house ₹/point. No lounge or soft-benefit garnish in the number — this is pure earn minus fee. Gated and invite-only cards stay in: at this spend, you'll get the invite.
Same engines as the calculator, the optimizer and the lounge map. When the data moves, this page moves — see the tracker.
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