All cards / Kotak Mahindra Bank
Kotak UPI RuPay Credit Card
A lifetime-free, virtual-only RuPay card built purely to earn rewards on everyday UPI payments — no physical card, no fee, but rewards exclude fuel, rent, wallet loads, education, government, insurance, gaming and railway spends.
Annual fee
₹0
Joining fee
₹0
Reward type
cashback
Base reward rate
3%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 650+ whose spend is concentrated in utilities. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 3% base rate
Benefits by category
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 650
- Minimum monthly income: ₹15,000
- Employment: salaried, self-employed
- Age: 21–60
Fees & charges
- Foreign currency markup: 3.5%
- Interest rate: 42% p.a.
Benefits
- Virtual-only RuPay credit card linkable to any UPI app (GPay, PhonePe, Paytm) for rewards on UPI payments
Pros
- + No joining or annual fee, ever
- + Works with any major UPI app via RuPay linkage
- + Flat 3 points/₹100 on eligible UPI spends
Cons
- − Long list of spend exclusions from earning
- − Virtual-only — no physical card issued
- − No lounge, travel or lifestyle benefits