Kotak UPI Rupay Credit Card
Fees
Free
Joining & AnnualReward Rate
3 Reward Points per ₹100 spent (3%), domestic and international
Welcome Bonus
Welcome gift benefit on card activation & joining fee payment
Lounge Access
No Lounge Access
FindMyCard Expert Take
The Kotak UPI Rupay Credit Card from Kotak Bank offers Instant UPI Merchant QR Payments with an annual fee of ₹299 + Taxes.
Pros & Cons
Key Advantages
- Flat 3% Reward Points on every spend, domestic and international
- Lifetime free virtual RuPay card usable for UPI and QR payments
- Reward points redeemable across the Kotak Rewards catalogue
- Fee waiver threshold (Annual fee waived on ₹50,000 annual retail spends)
Limitations
- No airport lounge access
- No accelerated category multipliers, flat rate only
- Virtual-only card, positioned for UPI use rather than premium benefits
Editorial Verdict
The Kotak UPI Rupay Credit Card is ideally suited for instant upi merchant qr payments. If you want 3 reward points per ₹100 spent (3%), domestic and international, this card delivers real value. The free is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
Accelerated reward earn rate on cashback purchases
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
🚀 Milestone Spends Timeline
Annual fee waived on ₹50,000 annual retail spends
Fees & Charging Rates
Annual Fee Waivers
Free
💡 Annual fee waived on ₹50,000 annual retail spends
Regular Interest Charges
3.6% per month (43.2% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹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
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 spent (3%), domestic and international | No Lounge Access | 4.3/5 |
| Cashback SBI Credit Card | ₹999 + Taxes | 5% cashback on online spends; 1% cashback on offline spends | 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 |