Kotak UPI Rupay Credit Card
Fees
Free
Joining & annual
Reward Rate
3 Reward Points per ₹100 on UPI and card spends (about 0.3% back; 1,000 points = ₹100)
Welcome Bonus
Welcome gift benefit on card activation & joining fee payment
Lounge
No Lounge Access
Our Expert Take
The Kotak UPI RuPay Credit Card is a lifetime free virtual card for UPI payments that earns 3 Reward Points per ₹100, about 0.3% back since Kotak values 1,000 points at ₹100.
Reward limits
Checked 28 Sep 2026 · Bank terms
-
3 points per ₹100 on UPI and card spends
No limit -
Points on utility bills
Only on the first ₹35,000 per statement cycle
No rewards on: Rent, fuel, railways, wallet loads, EMI, education, insurance, government, online gaming, balance transfer
Pros & Cons
Key Advantages
- Lifetime free virtual RuPay card that works on UPI
- Earns reward points on UPI payments, which many cards exclude
- Reward points redeemable across the Kotak Rewards catalogue
Limitations
- No airport lounge access
- No accelerated category multipliers, flat rate only
- Virtual-only card, positioned for UPI use rather than premium benefits
- Low reward value: 3 points per ₹100 works out to about 0.3% back
Key Perks & Spending Milestones
3 Reward Points per ₹100 on UPI and regular card spends
Lifetime free: no joining or annual fee
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
Fees & Charges
Joining fee
Free
Annual fee
Free
Lifetime free, no annual fee to waive
Interest rate
3.6% per month (43.2% per annum)
Late payment fee
- Up to ₹500
- Nil
- ₹501 to ₹1,000
- ₹500
- ₹1,001 to ₹5,000
- ₹600
- ₹5,001 to ₹10,000
- ₹750
- ₹10,001 to ₹25,000
- ₹900
- ₹25,001 to ₹50,000
- ₹1,100
- Above ₹50,000
- ₹1,300
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Credit score & income
Good (730+)
Frequently Asked Questions
What's the reward rate on Kotak UPI RuPay Credit Card?
Does this card offer lounge access?
Compare Kotak UPI Rupay Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| Kotak UPI Rupay Credit Card This Card | Free | 3 Reward Points per ₹100 on UPI and card spends (about 0.3% back;... | No Lounge Access | 4.3/5 |
| Cashback SBI Credit Card | ₹999 + Taxes | 5% cashback on online spends, capped ₹2,000/statement cycle; 1%... | No Lounge Access | 4.7/5 |
| KIWI UPI RuPay Credit Card | Free | Up to 5% cashback on UPI spends via Kiwi Neon program (1.5% base... | Domestic (Neon Spend Milestones) | 4.7/5 |
| Axis Bank ACE Credit Card | ₹499 + Taxes | 5% cashback on Google Pay utilities; 4% on Swiggy, Zomato & Ola;... | 4 Domestic/yr | 4.6/5 |