Link & Set Up Pin on Kotak UPI RuPay Virtual Credit Card for Effortless Transactions

Credit meets Convenience with Kotak UPI RuPay Credit Card. Link your card on UPI Apps & make payments instantly

Reward Benefit

Earn 3 Reward Points* per ₹100 spent

Credit Card on UPI

Enjoy facility of making UPI Payment with your credit card

Virtual Credit Card

Go-wallet free by making instant payments with your credit card

Lifetime Free Card

No Joining & Annual Fees for lifetime

UPI payment on Credit Card

Enjoy a seamless experience of making UPI Transactions with your Kotak UPI RuPay Virtual Credit Card on your preferred UPI Apps
For more information regarding how to make UPI Payments with your RuPay Credit Card, Click Here

Earn Reward Points

Earn 3 Reward Points* against every ₹100 spent.
Reward Points will be accrued for both UPI as well as Regular^# Credit Card Transactions
Every 1,000 Reward Points will be equivalent to ₹100
Minimum 1000 Reward Points will be required for redemption
Please note, w.e.f. 01^st June 2025, the following changes will be applicable:

Categories	Revision on Reward Points
Categories	Utility Spends	Reward points can be only earned on utility spends up to ₹35,000 per statement cycle
Wallet Load, Online skill-based gaming, Insurance, Government, Rent, Education Spends, and Fuel	Reward point earnings against these spend categories will be discontinued

Kindly note:

a. Spends on above categories will not be considered when calculating milestone benefits

b. The aforementioned revisions will be based on the Merchant Category Codes (MCCs), which are 4-digit numbers assigned to merchants or businesses by card networks such as VISA, MasterCard, and RuPay. Click here for the list of applicable MCCs.

Lifetime Free Card

Lifetime Free Card with Zero Joining & Annual Fees

*Reward Points will not be accrued for transaction categories such as Rent, Fuel, Railway, Wallet Loading, EMI, Education and Balance Transfer. Additionally, w.e.f. 01^st June 2025, Insurance, Government, Online Skill based gaming transaction categories as well as Utility spends beyond 35,000 in a statement cycle will also not earn reward points.

#Regular Credit Card Transactions include Online/E-Commerce and International Transactions made virtually

Fees & Charges

Fees & Other Parameters	Kotak UPI RuPay Credit Card
Joining Fees	Nil
Annual Fees	Nil
Add on Card Benefit (Virtual Card)	Not Applicable
Interest Charges on outstanding Balances	3.75% pm (Annualized 45%) with effect from June 01, 2025
Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)	W.e.f 1st June 2025, MAD will be 1% TAD & 100% of EMI, Finance Charges, Fees/Charges & Tax as applicable, subject to a minimum of ₹100 else up to the TAD amount whichever is lower.
Late Payment Charges ("LPC")	Due as per last statement	LPC Charges
	<₹100	0.0
	₹100 – ₹500	100.0
	₹501 – ₹5,000	500.0
	₹5,001 – ₹10,000	600.0
	₹10,001 – ₹25,000	800.0
	₹25,001 – ₹50,000	1000.0
	>₹50,000	1200.0
Over Limit Charges	500.0
Cheque Bounce Charges	Higher of (2% of bounce amount or ₹500)
Auto Debit Return Charges	2% of bounce amount subject to minimum of ₹450 and maximum of ₹5,000
Foreign Currency Mark Up	3.5% per transaction + GST
Railway Booking Surcharge Waiver	Not Applicable
Fuel Surcharge Waiver	Not Applicable
Fee for Cash payment at Bank	100.0
Reissue/ Replacement Card (per Card)	Nil (As it is a virtual card)
Please note, w.e.f. 01st June, 1% transaction charge will be applicable on
Wallet Load and Online skill-based gaming platform	Total spends exceeding ₹10,000 per statement cycle
Fuel	Total spends exceeding ₹25,000 per statement cycle
Utility	Total spends exceeding ₹35,000 per statement cycle
Education	Spends made via third-party apps (For example: PhonePe, Cred, Mobikwik, etc) Transactions made directly through educational institution websites or their card-swipe machines will not incur this fee
The aforementioned revisions will be based on the Merchant Category Codes (MCCs), which are 4-digit numbers assigned to merchants or businesses by card networks such as VISA, MasterCard, and RuPay. Click here for the list of applicable MCCs. GST and other taxes, as notified by the Government of India, apply to all fees, interest, and other charges and are subject to changes to changes in accordance with the relevant regulations set forth by the Government of India. For complete details, including all terms and conditions, please read the MITC.