How to Render in Premiere pro CS 5.5 High quality but low file size

Hello everybody,
I am using premiere pro CS5.5. I have rendered in premiere pro .mts file this settings : (NTSC, 1280X720,245fps,VBR 1 pass, target bit rate 6mb and max bitrate 9.0mb) my original file size : 2.1GB. after rendering file size 683MB. but render file is flickering. if i increase bid rate, then file no flickering but file size be very large. have any suggestion to reduce file size without flickering.
N.B: This video is green screen shot. so, i use some effect such as (chroma key and noise remover).

Try the Photoshop forum.  The PS experts hang out over there.
http://forums.adobe.com/community/photoshop

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