Daybreak

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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Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.

Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.