Kotak UPI RuPay Credit Card

Overview

Kotak Mahindra Bank issues this card exclusively in virtual format, so there is no plastic to carry. Once approved, the card details appear automatically in the Kotak Mobile Banking App. You link it to your preferred UPI app, set your UPI PIN, and start transacting at any merchant that accepts QR code payments.The rewards structure is straightforward: 3 Reward Points for every ₹100 spent, whether through UPI or regular online transactions. Every 1,000 Reward Points equal ₹100 in value, which works out to a 3% earn rate if redeemed for shopping, mobile recharge, or e-vouchers at ₹0.10 per point. Cash redemption is valued lower at ₹0.07 per point from June 2025.Several spending categories do not earn reward points. Rent, fuel, railway, wallet loading, EMI, education, balance transfer, insurance, government, and online gaming transactions are all excluded. Utility spends earn points only up to ₹35,000 per statement cycle. These exclusions reduce the effective value for cardholders who spend heavily in these categories.Eligibility is limited to existing Kotak credit card holders aged 18 or above. This means first-time applicants cannot get this card directly. The lifetime-free pricing and UPI functionality make it a solid secondary card for day-to-day small payments, but the lack of airport lounge access, fuel surcharge waivers, and milestone rewards keeps it firmly in the entry-level category.

Pros

↑Zero joining and annual fees for life, with no spend conditions or renewal charges
↑3 Reward Points per ₹100 spent on UPI and online transactions, giving up to 3% return on eligible spend
↑Instant virtual issuance through Kotak Mobile Banking App, no waiting for physical card delivery

Cons

↓Only available to existing Kotak credit card holders, so new customers cannot apply directly
↓Multiple excluded reward categories including rent, fuel, insurance, and government payments
↓No airport lounge access, fuel surcharge waiver, or milestone benefits included

Key Highlights

Welcome Offer
Lifetime free (zero fees)
No joining fee
No annual fee
No conditions for fee waiver
Free for the entire card lifetime

Reward Rate
3 Reward Points per ₹100
3 RP per ₹100 on UPI and online spends
1,000 RP = ₹100 value
Excludes rent, fuel, insurance, government
Utility rewards capped at ₹35,000/cycle

Minimum Salary
18+ years (existing Kotak CC holders)
Minimum age: 18 years
Must hold an existing Kotak credit card
New-to-bank customers not eligible
No separate income requirement listed

Joining Fee
Nil
Joining fee: ₹0 (Nil)
No GST applicable
No conditions required

Annual Fee
Nil (lifetime free)
Annual fee: ₹0 (Nil)
No spend-based waiver needed
Free for life with no conditions

Why Choose?
Virtual UPI card with instant issuance
No physical card issued
Card details auto-registered in Kotak Mobile Banking App
Link to any UPI app for payments
Enable online and international transactions via Card Control

Key Benefits

Lifestyle

★2.0

▼

Mobile recharge and movies available as redemption options
No dining discounts or entertainment tie-ups
No concierge service or golf privileges
No dedicated lifestyle merchant offers

Reward Points

★3.0

▼

3 Reward Points per ₹100 on eligible UPI and online transactions
1,000 RP = ₹100 (effective 3% return at ₹0.10/point redemption)
Cash value: ₹0.07 per point (from June 2025), min 2,000 RP
No points on rent, fuel, railway, wallet loading, EMI, education, balance transfer
Insurance, government, and online gaming also excluded from June 2025
Utility spends earn points only up to ₹35,000 per statement cycle

Shopping

★2.5

▼

Kotak Rewards portal has 10,000+ products for point redemption
E-vouchers across multiple brands
1 RP = ₹0.10 for shopping and e-voucher redemptions
No accelerated rewards for specific shopping categories

Merchant Offers

▼

Kotak Rewards redemption across shopping, e-vouchers, mobile recharge, movies, and travel
No exclusive merchant discount partnerships announced
No cashback offers at specific retailers

Emi

▼

EMI conversion available on eligible purchases
EMI transactions do not earn reward points

Detailed Information

Joining Fee	No joining fee
Annual Fee	No annual fee
Annual Fee Waiver	Not applicable (lifetime free)
Monthly Percentage Rate	Refer to MITC
Annual Percentage Rate	Refer to MITC
Minimum Monthly Payment	Refer to MITC
Foreign Currency Markup	Refer to MITC
Late Payment Charges	Refer to MITC
Overlimit Charges	Refer to MITC
Cash Advance Fee	Refer to MITC
Balance Transfer Fee	Refer to MITC
Fee For Supplementary Card	Not applicable (virtual card)
Card Replacement Fee	Not applicable (virtual card)
Fee For Duplicate Statement	Refer to MITC
Fee For Cheque Bounce	Refer to MITC

Age Requirement Salaried	18+ years
Age Requirement Self Employed	18+ years
Minimum Annual Income Salaried	Existing Kotak credit card holder (no separate income requirement specified)
Minimum Annual Income Self Employed	Existing Kotak credit card holder (no separate income requirement specified)
Minimum Credit Score	Not specified (must hold existing Kotak credit card)

Identity Proof	Not required (existing Kotak customer KYC applies)
Address Proof	Not required (existing Kotak customer KYC applies)
Income Proof Salaried	Not required (existing Kotak customer records used)
Income Proof Self Employed	Not required (existing Kotak customer records used)

Frequently Asked Questions

The joining fee is nil. Kotak Mahindra Bank does not charge any joining fee for this card, and no GST applies since the fee is zero. The card is lifetime free with no conditions attached to the fee waiver.

The annual fee is nil. There is no annual charge for the entire lifetime of the card, and no minimum spend requirement to keep it free. You will never be billed a renewal fee.

It is issued as a virtual-only card. No physical plastic card is provided. The card details are auto-registered in your Kotak Mobile Banking App under the Credit Card section. You can view the full card number, expiry, and CVV through the app.

Open your preferred UPI app (Google Pay, PhonePe, Paytm, or others), go to the add bank account or add card section, and select Kotak Mahindra Bank. Your RuPay credit card details will be linked. Set your UPI PIN to start making transactions at QR code merchants.

You earn 3 Reward Points for every ₹100 spent on eligible transactions. This applies to both UPI payments and regular online or e-commerce purchases. Every 1,000 Reward Points are worth ₹100 when redeemed for shopping, recharge, or e-vouchers.

Rent, fuel, railway, wallet loading, EMI, education, and balance transfer transactions do not earn reward points. From June 2025, insurance, government, and online skill-based gaming are also excluded. Utility payments earn points only up to ₹35,000 per statement cycle.

For shopping, mobile recharge, e-vouchers, and similar categories, 1 Reward Point equals ₹0.10. For cash value redemption, it is ₹0.07 per point from June 2025. You need at least 1,000 points to redeem, or 2,000 points for cash value redemption.

You can redeem through the Kotak Rewards platform for mobile recharge, shopping across 10,000+ products, e-vouchers from various brands, movie tickets, and travel bookings. The redemption rate is ₹0.10 per point for most categories and ₹0.07 per point for cash value.

You must be at least 18 years old and an existing Kotak credit card holder. This card is not available to new customers who do not already hold a Kotak credit card. No separate income requirement has been specified for this add-on card.

No. The Kotak UPI RuPay Credit Card is only available to existing Kotak credit card customers. You would need to first apply for and hold another Kotak credit card before you become eligible for this virtual RuPay card.

No. This card does not include any domestic or international airport lounge access. It is an entry-level virtual card focused on UPI payments and basic reward points. For lounge access, consider other Kotak credit cards like the Kotak Royale Signature or League Platinum.

No. The Kotak UPI RuPay Credit Card does not provide a fuel surcharge waiver. Fuel transactions are also excluded from earning reward points. If fuel benefits are important, look at other Kotak cards that include a 1% surcharge waiver.

Yes, but you need to enable these features first. Go to the Card Control tab under Card Overview in the Kotak Mobile Banking App to activate e-commerce and international transaction capabilities. By default, only UPI transactions may be enabled.

Log into the Kotak Mobile Banking App, go to the Credit Card section, and then open Card Overview. Your full card number, expiry date, and CVV will be displayed. Since this is a virtual-only card, the app is the only place to view your card credentials.

Reward points on utility payments are capped at ₹35,000 per statement cycle. Any utility spending beyond this threshold within the same billing cycle will not earn reward points. This cap applies from June 2025.

Yes. Reward points are accrued on both UPI transactions and regular online credit card transactions at the same rate of 3 Reward Points per ₹100. The excluded categories (rent, fuel, insurance, etc.) apply equally to UPI and non-UPI spending.

You need at least 1,000 Reward Points to redeem for shopping, e-vouchers, recharge, or other categories. For cash value redemption, the minimum is 2,000 Reward Points. Below these thresholds, your points will continue to accumulate until they reach the redemption floor.

No. The Kotak UPI RuPay Credit Card does not have any milestone benefits, spend-based bonuses, or accelerated reward tiers. You earn a flat 3 Reward Points per ₹100 on all eligible transactions without any tiered structure.

No. Since the Kotak UPI RuPay Credit Card is a virtual-only card, there is no provision for a supplementary or add-on physical card. The card is tied to your individual Kotak Mobile Banking App login.

The key difference is that it is virtual-only and runs on the RuPay network instead of Visa or Mastercard. It has zero fees for life, earns 3 RP per ₹100, and is designed primarily for UPI payments. It lacks lounge access, fuel benefits, and milestone rewards found on higher-tier Kotak cards.

EMI conversion is available on eligible purchases. However, EMI transactions do not earn reward points. Check the Kotak Mobile Banking App or contact Kotak customer support for specific EMI tenure options and interest rates applicable to your card.

No reward points are awarded for excluded categories. Transactions in rent, fuel, railway, wallet loading, EMI, education, balance transfer, insurance, government, and online gaming simply do not accrue any points. These spends also do not count toward any milestone calculations.

No specific welcome offer has been announced for this card. Since the card has zero joining fees and is issued to existing Kotak customers, there is no welcome bonus or introductory reward. Benefits begin with the standard 3 RP per ₹100 earn rate.

The card is virtual-only, so you cannot swipe it at physical POS machines. However, you can use it at any merchant that accepts UPI payments by scanning QR codes through your linked UPI app. Tap-to-pay and contactless functionality at POS terminals is not available.

Contact Kotak Mahindra Bank customer care or visit your nearest branch to request card cancellation. Make sure all outstanding dues are cleared before requesting closure. Since there is no annual fee, keeping the card open has no cost impact on your account.