Kotak UPI RuPay Credit Card is an entry-level lifetime free credit card. The card brings users the best of both worlds, as users can avail the convenience of UPI payments along the instant credit facility. The best part is users can receive rewards on both their credit card linked UPI transactions and regular transactions without any capping.To add more to user convenience, the card is offered virtually and can be used instantly for any payments. Read on to know more.
Kotak UPI RuPay Credit Card: Key Highlights |
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| Joining Fee | Nil |
| Annual Fee | Nil |
| Best-suited for | UPI linked credit-card benefits |
| Key Feature | 3 rewards per Rs. 100 spent |
Note: Kotak Mahindra Bank is not taking new credit card applications. Content on this page is for information purpose only.
Kotak UPI RuPay Credit Card: Reward Benefits
Earning Rate: 3 reward points per Rs. 100 on UPI linked credit card transaction and other regular transactions.
Rewards Redemption:
- No capping on reward points
- Minimum 1,000 points required for redemption
- Value of 1,000 reward points = Rs. 100
Other Credit Cards enabled with UPI-linked Transactions
| Credit Card | Joining/Annual Fee | Key Benefits |
| HDFC RuPay UPI credit card | Rs. 99 | 3% CashPoints on groceries, supermarket, dining & PayZapp spends |
| Axis Bank ACE Credit Card | Rs. 499 | 5% cashback on bills and recharges via Google Pay; 4% cashback on Swiggy, Zomato & Ola |
| Indian Oil Axis Bank Credit Card | Rs. 500 | 4% value back on your fuel spends at IndianOil outlets |
| HDFC MoneyBack+ Credit Card | Rs. 500 | 10X CashPoints on Flipkart, Amazon, Swiggy, Reliance Smart SuperStore & BigBasket |
Kotak UPI RuPay Credit Card: Fees & Charges
| Fee Type | Amount Details |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Finance Charges | 3.50% per month | 42.00% per annum |
| Late Payment Charges | On Outstanding Balance of:
Less than Rs. 100: Nil From Rs. 100 to Rs. 500: Rs. 100 From Rs. 501 to Rs. 1,000: Rs. 500 From Rs. 1,001 to Rs. 5,000: Rs. 500 From Rs. 5,001 to Rs. 10,000: Rs. 600 From Rs. 10,001 to Rs. 25,000: Rs. 800 From Rs. 25,001 to Rs. 50,000: Rs. 1,000 More than Rs. 50,000: Rs. 1,200 |
Click here for the detailed Kotak Bank credit card fees and charges and MITC.
Kotak UPI RuPay Credit Card: Eligibility & Documentation
| Criteria | Details |
| Age | 18 years |
| Relationship | Existing Kotak credit cardholder |
| Documents Required | Click here for the list of documents required for Kotak Mahindra Bank Credit Card application. |