UPI Payments: Your First Step to Rewards
Unified Payments Interface (UPI) has revolutionised how we handle money, but its benefits can go beyond simple transactions. While direct flight vouchers from UPI payments are rare, the ecosystem provides rewards in other ways. Some travel portals like
Yatra, Cleartrip, and Air India's own website frequently offer instant discounts for payments made via UPI. For instance, you might see offers like a flat discount on domestic flights when using a specific promo code and paying through UPI. Additionally, the emergence of RuPay credit cards linked to UPI allows you to earn credit card reward points on transactions where only UPI is accepted, combining convenience with earning potential. The key is to look for these promotional banners on travel websites before you book.
The Power of the Right Credit Card
The most powerful tool in your rewards arsenal is the credit card. Nearly every rupee you spend can generate reward points, which are the primary currency for earning free flights. These points can be accumulated through all your regular purchases, from utility bills and groceries to dining out and online shopping. The trick is to choose a card that aligns with your spending habits and travel goals. Cards come in two main flavours: co-branded airline cards (like Air India SBI or Emirates Skywards ICICI Bank cards) which earn miles directly with one airline, and general travel cards (like Axis Atlas or HDFC Diners Club) whose points can be transferred to multiple airline partners. This flexibility is often more valuable, as it doesn’t tie you to a single carrier.
Choosing Your Rewards Champion
Selecting a credit card can feel overwhelming, but you can simplify it by focusing on a few key features. Look for a card with a good rewards rate on your most frequent spending categories. Many cards offer accelerated points on travel, dining, or online shopping. Also, consider the welcome bonus, which can provide a significant initial boost to your points balance. Cards like the Axis Atlas Credit Card and HSBC TravelOne are often cited for their flexible point transfer programs, allowing you to move your bank points to various airline loyalty programs like Vistara, Singapore Airlines, or British Airways. For those who prefer a single ecosystem, co-branded cards like the MakeMyTrip ICICI Bank card offer straightforward discounts and rewards on that specific platform.
Maximise Your Everyday Earnings
Once you have the right card, the goal is to channel as much of your regular spending through it as possible, without spending more than you usually would. Consolidate your monthly bill payments—phone, internet, electricity—onto your credit card. Use it for your daily commute, groceries, and fuel. Many banks also have dedicated shopping portals, like HDFC's SmartBuy, which can offer dramatically accelerated reward points (sometimes up to 10x) when you shop at partner brands through their link. By consistently using one or two primary reward-earning cards for all your expenses, you'll see your points balance grow steadily, turning mundane expenses into a travel fund.
The Redemption Game: From Points to a Plane Ticket
Accumulating points is only half the battle; knowing how to redeem them is crucial. The best value often comes from transferring your credit card points to an airline's frequent flyer program, such as Air India's Flying Returns (Maharaja Club) or Vistara's Club Vistara. You can then use these miles to book an "award flight," where you only pay the taxes and fees, not the base fare. Before transferring, always check the airline's award chart to see how many miles are needed for your desired route. Redeeming for a business class ticket often provides the best value per point, turning your rewards into a luxury experience you might not have paid cash for. Being flexible with your travel dates can also help you find better award availability.
