Verified by CardAgent admin · last checked 08 Jul 2026
Kotak Mahindra Bank

Kotak UPI RuPay Credit Card

23
Ranked #149 of 170 in credit
creditRuPayEntry-Digital

Kotak's lifetime-free RuPay credit card designed for UPI-first spending, offering a flat 3% reward rate with no annual fee — a strong simple option for UPI-heavy everyday spenders wanting to earn rewards on credit rather than debit.

Score breakdown

Data completeness: 100% · Last verified: 09 Jul 2026

Reward value7/100 · weight 71%
0.30% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +10.0% score bonus — earns broadly without narrow category restrictions.
Fee efficiency100/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks1/100 · weight 9%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
Annual fee
Lifetime free
Waiver: Genuinely lifetime free, no conditions
Forex markup
3.5%

Lounge access

Domestic (per year)
0
International (per year)
0

Reward structure

CategoryTypeRateCapNotes
utilitiespoints0.30%(3 pts @ ₹0.10)₹35,000 / monthlyEarns rewards on utility spends up to ₹35,000 per statement cycle.
all_spendspoints0.30%(3 pts @ ₹0.10)3 pts/Rs100; 1,000pts=Rs100 (Rs0.10/pt)
travelpoints0.30%(3 pts @ ₹0.10)
online_spendspoints0.30%(3 pts @ ₹0.10)3 Reward Points per ₹100 spent on eligible merchant UPI payments
fuelpoints0.00%(0 pts @ ₹0.25)Restricted category

Welcome offer

None specified

Milestone benefits

Pros

  • Genuinely lifetime free RuPay card fully UPI-linkable (Google Pay, PhonePe, Paytm, BHIM)
  • decent flat 3% reward rate across most spends
  • available in both physical and virtual form

Cons

  • No lounge or lifestyle benefits
  • requires 1,000 points minimum to redeem anything
  • UPI daily transaction caps apply (Rs1-2L P2P, Rs5K-1L merchant, varies by policy)

What's inside

More benefits

  • UPI QR payment enablement

    Full UPI linkage for QR/merchant payments via Google Pay, PhonePe, Paytm, BHIM

    unlimited.

Insurance cover

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NaN

Eligibility

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Standard entry-level Kotak criteria

Small print

Fuel surcharge:Not a highlighted benefit