The SmartSpend Blog
Guide
How card rewards actually work, explained once so you can apply it to any card you hold.
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Credit card cashback caps: why your 5% card stops paying at ₹1,000
Most Indian cashback credit cards cap the accelerated rate at a few hundred rupees a month. Here is what the caps actually are on the Axis ACE, HDFC Millennia and HSBC Live+, and the spend level where 5% quietly becomes 1.25%.
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What is an MCC code, and why your card paid 1X instead of 5X
Your card rewards a four-digit merchant category code (MCC), not the shop you paid. That is why the same purchase can pay 5X or 1X, and how to check a category before you spend.
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