Best Rupay Credit Card 2024
- By Anand Nathani
- Read Time: 4 Minutes
- May 8, 2024
- 1:02 pm
Introduction
Selecting the Best Rupay Credit Card is difficult as various kinds of Credit Cards are available today. Every other Bank or a Fintech in India is offering a Credit Card based on the Rupay payment platform. Hence, it is quite a tough task to suggest the best Rupay Credit card on offer. However, after careful research and a detailed comparative study, I have selected a list of the Top 10 Rupay Credit Cards available in India today that is just right for you.
My Blog post intends to highlight the salient features of these Rupay Top 10 Credit Cards so that you can choose the one that fulfills your financial needs and aspirations.
Table of Contents
HDFC Bank UPI RuPay Credit Card
| Salient Features | Description |
|---|---|
| Annual Fee | ₹99 + GST |
| CashPoints | 1% to 3% . The percentage of cashpoints varies based on category purchases. |
| Interest -Free Credit Period | Up to 50 days |
| UPI | Ideal for UPI transactions and Regular Spending |
| Revolving Credit Facility | Revolving Credit Facility available at nominal Interest Rate |
| Renewal Fee Waiver | Renewal membership fee waived off by spending ₹25,000 and above in an annual year |
This Credit Card is best suited for earning unlimited cashpoints through spendings on Groceries, Supermarket and Dining.
Myntra Kotak RuPay Credit Card
| Salient Features | Description |
|---|---|
| Annual Fee | ₹500 + GST |
| Unlimited Cashback | Instant Discount @7.5% on each transaction on Myntra |
| Activation Benefit | Myntra Voucher worth ₹500 on activation |
| Milestone Benefit | 2 Complimentary PVR Tickets every Quarter |
| UPI on Credit Card | Eligible for UPI on Credit Card transactions. Cashback @1.25% on UPI on Credit Card on all transactions subject to T & C |
| Annual Fee Waiver | Annual Fee waived on spending of ₹2,00,000 in the previous anniversary year |
This Credit Card is best suited for earning unlimited cashback through Transactions on the Myntra App
Indian Oil Axis Bank UPI RuPay Credit Card
| Salient Features | Description |
|---|---|
| Joining Fee | ₹500 + GST |
| Annual Fee | ₹500 + GST |
| Annual Fee Waiver | Annual Fee waived on spending of ₹3,50,000 in a year |
| Welcome Benefit | Edge Reward Points up to 1,250 on 1st Fuel transaction worth ₹250. Transaction to be made within 30 days of Credit Card Issuance. |
| Accelerated Reward Points Benefit | Benefit of 4% value back on fuel transactions |
| Fuel Surcharge Waiver | @ 1% at any Fuel Outlet |
This Credit Card is Best Suited for Fuel Transactions due to attractive Value backs and Fuel Surcharge Waiver
Tata Neu Plus HDFC RuPay Credit Card
| Salient Features | Description |
|---|---|
| Joining Fee | ₹499 + GST |
| Annual Fee | ₹499 + GST |
| Annual Fee Waiver | Annual Fee waived on spending of ₹1,00,000 or more in the preceding year |
| Rewards | 5% NeuCoins rewards at partner Tata brands |
| Lounge Access | 4 Domestic Airport Lounge Access per Annum |
| Fuel Surcharge Waiver | @ 1% at any Fuel Outlet |
| Annual Benefits | Annual benefits of more than ₹1 lakh on Monthly spends of ₹10,000 |
This Credit Card is Best Suited for earning Tata Neu coins redeemable at partner Tata brands
IRCTC SBI Platinum RuPay Credit Card
| Salient Features | Description |
|---|---|
| Annual Fee (One -Time ) | ₹499 + GST |
| Renewal Fee (per annum ) | ₹300 + GST |
| IRCTC Travel Offers | Save 1% transaction charges on railway ticket bookings at IRCTC portal |
| Rewards | Earn 1% Reward point on every ₹125 spent on non fuel retail purchases including railway tickets |
| Railway Lounge Access | 4 Complimentary Railway Lounge Access per Annum |
| Fuel Surcharge Waiver | @ 1% at any Fuel Outlet |
This Credit Card is Best Suited for earning Reward points through Railway ticket bookings at the IRCTC portal or IRCTC App.
Kiwi AxisBank Rupay Credit Card
| Salient Features | Description |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Rewards | Earn 2 Edge points on every ₹200 spent on non fuel retail purchases |
| Cashback | Earn 2% Cashback on Retail spends |
| Virtual Credit Card | Get UPI enabled Virtual Credit Card instantly on activation |
| Fuel Surcharge Waiver | @ 1% at any Fuel Outlet. This waiver applies to transactions with a minimum value of ₹400 and maximum value of ₹4000 exclusive of GST |
This Credit Card is best suited for earning attractive cashback and reward points through Transactions on the Kiwi App
SBI Simply Save RuPay Credit Card
| Salient Features | Description |
|---|---|
| Annual Fee (One -Time ) | ₹499 + GST |
| Renewal Fee (per annum ) | ₹499 + GST from 2nd year onwards |
| Renewal Fee Waiver | Renewal Fee waived if your Annual spends is = or > ₹1,00,000 in the previous year |
| Rewards | Earn 10 Reward point on every ₹150 spent on non fuel retail purchases |
| Welcome Offer | Earn 200 Bonus Reward Points as welcome gift on minimum spend of ₹ 2000 |
| Utility Bill Payment | Pay your utility bills through "Easy Bill Pay" |
This Credit Card is ideal for making Household spends as you can earn 10x Reward points on Grocery and Departmental stores purchases
Bank of Baroda Easy Rupay Credit Card
| Salient Features | Description |
|---|---|
| Joining Fee | Nil |
| Annual Fee | ₹499 + GST |
| Annual Fee Waiver | Annual Fee waived if your yearly spends is = or > ₹35,000 in a year |
| Rewards | Earn 5 Reward point on every ₹100 spent on groceries, departmental stores and movies |
| Fuel Surcharge Waiver | Earn 1% Fuel surcharge waiver across all petrol pumps |
| Easy EMI Option | Convert purchase of > 2,500/- on your card into easy EMIs of 6/36 months |
This Credit Card is ideal for making Household and Entertainment purchases as you can earn 5x Reward points on Grocery, Departmental stores and Movie spends
SBI Reliance Rupay Credit Card
| Salient Features | Description |
|---|---|
| Annual Fee(One Time) | ₹499 + GST |
| Renewal Fee (Per Annum) | ₹499 + GST from 2nd Year onwards |
| Cashback | Earn 5% Cashback on online purchases at select Reliance Retail outlets up to ₹250 per month |
| Rewards | Earn 5 Reward point on every ₹100 spent on groceries, departmental stores and movies |
| Fuel Surcharge Waiver | 1% Fuel surcharge waiver across petrol pumps |
| Contactless Advantage | The Card facilitates contactless transactions through "Visa Pay Wave" security feature |
This Credit Card is ideal for earning 5% cashback on online purchases at select Reliance Retail outlets
ICICI Coral Rupay Credit Card
| Salient Features | Description |
|---|---|
| Joining Fee | ₹500 + GST |
| Annual Fee | Nil for 1st Year , ₹500 + GST from 2nd Year onwards |
| Annual Fee Waiver | Annual Fee waived on spends > ₹1,50,000 in the previous year |
| Rewards | Earn 2 Reward point on every ₹100 spent |
| Fuel Surcharge Waiver | 1% Fuel surcharge waiver across HPCL petrol pumps only |
| Insurance Cover | Avail Personal Accident Insurance Cover worth ₹ 2,00,000 |
This Credit Card is an ideal entry level credit card with decent Rewards and Cashback along with Personal Accident Insurance Cover
Conclusion
In conclusion, it is always advisable to check the specific terms and conditions for each credit card before making a decision. These Rupay Credit Cards cater to different needs, so choose the one that aligns with your spending habits and preferences.
FAQ
What are the general eligibility criteria for Rupay Credit Cards ?
The general eligibility criteria for Rupay Credit Cards are :
- Applicants should be between 21 years to 60 years of age.
- They should be Indian citizens
- They should have a stable income source
- Credit Scores should ideally be between 650 – 750
What are the interest rates charged by Rupay Credit Cards?
Most Rupay Credit cards charge interest rates ranging from 3.25% to 3.50% per month. Interest rates can vary based on the specific card and issuer. Hence, always check the terms and conditions provided by your bank or financial institution before applying for a Rupay
credit card
What are the general documents required for applying for Rupay Credit Cards?
The general documents required to apply for a Rupay Credit Card includes
- Aadhar card/PAN card/Voter ID card/Passport as proof of Identity.
- Utility Bills/Rental Agreement/Aadhar Card/Passport as proof of address
- Salary slips, Bank statements and IT returns as proof of income
Always check with your issuer for specific guidelines or requirements.
Does Rupay Credit Cards offer benefits in the form of rewards and cashback ?
Yes. Rupay Credit Cards offer attractive benefits. Depending on the card variant, you may enjoy benefits like free movie tickets, discounts on partner merchants, fuel surcharge waiver, cashback, Airport Lounge access and many more.
Does RuPay Credit Card offer UPI transactions??
All Rupay credit cards offer UPI transactions by linking with UPI Apps such as GooglePay, PhonePe etc