Nearly a 100 million cards are in circulation in India as of now, a 12% year-on-year rise. This rise has a lot to do with the benefits customers get: tempting cash back deals and reward points that you can collect and redeem for anything from flight tickets to staycations at luxury resorts.

Cashbacks though are pretty straightforward whereas availing reward points requires a lot of effort compared to cashbacks. And between the two, there’s one that banks actually don’t like.

Tune in to find out.

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