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Magnifi RuPay Credit Card by Twid (RBL Bank)
RuPay
Magnifi RuPay Credit Card by Twid (RBL Bank)
Magnifi, built by rewards-infrastructure company Twid and issued through RBL Bank, differentiates itself by letting cardholders redeem rewards instantly as brand vouchers or checkout discounts at Twid's partner merchants instead of a slow-to-redeem points system. It suits shoppers who value quick, usable rewards over lounge access or travel perks.
Rates and fees last verified 15 July 2026 · No bank pays us to rank higher.
Annual fee
₹499
Joining fee
₹0
Reward type
cashback
Base reward rate
1%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in online shopping. Its annual fee waives if you can comfortably clear the spend threshold.
Benefits by category
- 🛍️ Shopping
3% reward rate
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹25,000
- Employment: salaried, self-employed
- Age: 21–60
Benefits
- Rewards redeemable directly as brand vouchers and instant discounts across Twid's merchant network at checkout, rather than a generic points catalog
- RuPay credit-on-UPI enabled for scan-and-pay use
Pros
- + Rewards redeem instantly as brand vouchers/discounts at partner merchants rather than sitting as illiquid points
- + RuPay credit-on-UPI support for everyday scan-and-pay
- + Annual fee waived on a relatively achievable ₹60,000 of yearly spend
Cons
- − ₹499 annual fee applies unless the spend threshold is met
- − Best redemption value is concentrated in Twid's specific merchant network
- − No lounge access or travel benefits