New Delhi, April 17 -- While going through your credit card statement, you must have come across certain transactions that have not earned any reward points. These may be transactions from excluded categories or the transaction amount may be lower than the minimum spend required to earn reward points.

Banks require credit card transactions to be of a minimum amount to earn reward points. In this article, we will understand the minimum amount required to be spent to earn one reward point and how it affects your reward rate.

Each bank can specify the minimum amount required to be spent on their credit card to earn reward points. The minimum amount may range from Rs. 50 to Rs. 200.

For example, American Express has one of the lowest requi...