Top 5 UPI Credit Cards in India for Maximum Cashback
07 Feb 2026 7 mins Credit Cards
As digital payments continue to revolutionize the Indian financial landscape, the integration of credit cards with Unified Payments Interface (UPI) is a game-changer for consumers. UPI credit cards enhance the convenience of transactions while offering various rewards and benefits. Understanding the best UPI credit cards can help you make informed financial decisions that maximize your spending power.
In this article, we delve into the top five UPI credit cards available in India, examining their features, benefits, and potential drawbacks. By the end, you'll have valuable insights to choose the best option for your financial needs. For more information on various credit cards, check out best credit cards.
Benefits of UPI Credit Cards
UPI credit cards combine the advantages of credit cards with the seamless experience of UPI transactions. Here are the key benefits:
Instant Transactions: UPI credit cards allow for instant fund transfers, making it easier to pay for goods and services. This immediacy is particularly beneficial in a fast-paced market where time is of the essence.
Rewards and Cashbacks: Many UPI credit cards offer attractive rewards, cashbacks, and discounts on transactions. For instance, some cards provide up to 5% cashback on specific categories like groceries, fuel, and online shopping, significantly enhancing your purchasing power.
Enhanced Security: UPI transactions are secured with multi-factor authentication, adding a layer of protection for users. The use of a secure PIN and biometric authentication makes it difficult for unauthorized transactions to occur, providing peace of mind.
Convenience: Users can link their UPI credit cards to various wallets and apps, ensuring a hassle-free payment experience. With the increasing number of merchants accepting UPI, this convenience translates into a smoother shopping experience.
HDFC UPI Rupay Credit Card
The HDFC UPI Rupay Credit Card is designed to cater to the needs of the modern consumer. It offers numerous benefits, including:
Reward Points: Users earn reward points for every transaction made, which can be redeemed for exciting offers. For instance, spending ₹150 earns you 2 reward points, which can later be redeemed for discounts on travel bookings and dining experiences.
No Annual Fee: The card has no annual fee, making it an attractive option for budget-conscious users. This feature is particularly appealing for young professionals and college students looking to manage their finances without incurring additional costs.
Exclusive Offers: Cardholders enjoy exclusive discounts on dining, travel, and shopping, including offers from popular brands and platforms, which can lead to significant savings over time.
Moreover, the HDFC UPI Rupay Credit Card allows users to make payments through UPI seamlessly, enhancing the overall payment experience. With HDFC's extensive network, users can also access various banking services easily.
ICICI UPI Credit Card
The ICICI UPI Credit Card is another excellent option for those looking to integrate their credit card with UPI payments. Key features include:
Flexible Payment Options: Users can choose to pay their dues in full or opt for flexible EMIs. This flexibility is crucial for managing cash flow, especially for larger purchases.
Cashback Offers: The card provides cashback on various categories, including groceries and utilities. For example, users might receive a 5% cashback on grocery purchases, making it suitable for everyday spending.
Easy Bill Payments: Users can pay utility bills directly through UPI, simplifying the payment process. This feature eliminates the hassle of managing multiple payments, allowing for a more organized budgeting approach.
The ICICI UPI Credit Card is ideal for users who want to maximize their savings while enjoying the convenience of UPI transactions. Its user-friendly mobile app further enhances the experience by providing real-time transaction tracking and bill reminders.
Best RuPay Credit Card for UPI Transactions
RuPay credit cards are gaining popularity in India due to their affordability and unique benefits. One of the best RuPay credit cards for UPI transactions is the SBI RuPay Credit Card. Here’s why:
Low Fees: The SBI RuPay Credit Card typically has lower fees compared to international credit cards, making it an economical choice for frequent users.
Reward Program: Users earn reward points on every transaction, which can be redeemed for various products and services. This can lead to significant savings, especially for those who regularly use their cards for shopping and dining.
Easy UPI Integration: The card seamlessly integrates with UPI, allowing for quick and easy payments. This integration positions the SBI RuPay Credit Card as an excellent option for those who prioritize convenience in their financial transactions.
This card is particularly suitable for users who frequently engage in UPI transactions and are looking for a cost-effective solution. The SBI's extensive branch network also provides additional support for cardholders, ensuring that help is readily available when needed.
Understanding UPI Credit Card Charges
While UPI credit cards offer numerous benefits, it’s essential to be aware of potential charges associated with them. Here are some common charges:
Transaction Fees: Some banks may charge a nominal fee for UPI transactions made using credit cards. Typically, this fee ranges from ₹5 to ₹15 per transaction, which can add up over time if not monitored.
Annual Fees: Certain credit cards may have annual fees, though many offer no annual fee options. It's crucial to evaluate the benefits against the fees to determine overall value.
Late Payment Fees: Failing to pay your credit card dues on time can result in late payment fees, which can add up quickly. These fees can range from ₹100 to ₹1,000 depending on the outstanding amount, negatively impacting your credit score.
Understanding these charges can help you manage your credit card usage effectively and avoid unnecessary costs. Regularly reviewing your statement and understanding the fee structure can help in maintaining a healthy financial profile.
Comparison of Top UPI Credit Cards
Credit Card | Annual Fee | Reward Points | Cashback Offers | UPI Integration |
|---|---|---|---|---|
HDFC UPI Rupay Credit Card | No Annual Fee | Earn 2 points per ₹150 spent | Up to 5% on selected categories | Yes |
ICICI UPI Credit Card | ₹500 | 1 point per ₹100 spent | 5% on groceries | Yes |
SBI RuPay Credit Card | No Annual Fee | 1 point per ₹100 spent | 5% on utility bills | Yes |
Key Takeaways
UPI credit cards offer instant transactions, rewards, and enhanced security. Understanding these benefits can help you make the most of your spending.
The HDFC UPI Rupay Credit Card and ICICI UPI Credit Card are among the top choices, each catering to different consumer needs.
Understanding associated charges is crucial for effective credit card management. Keeping an eye on fees can prevent financial surprises.
Choosing the right UPI credit card can maximize your financial benefits, so consider your spending habits and preferences carefully.
Frequently Asked Questions
What is a UPI credit card?
A UPI credit card allows users to make payments via UPI while utilizing the credit card's benefits, such as rewards and cashback. This combination makes it an attractive option for those who frequently shop online or make payments using UPI.
Are there any charges for using UPI with a credit card?
Yes, some banks may impose transaction fees for UPI transactions made with credit cards. It's advisable to check with your bank for specific charges, as these can vary significantly between institutions.
Can I use my UPI credit card for online shopping?
Yes, UPI credit cards can be used for online shopping at merchants that accept UPI payments. This includes a vast array of e-commerce platforms, making it a versatile payment option.
How do I apply for a UPI credit card?
You can apply for a UPI credit card through your bank's website or mobile app, or by visiting a local branch. Many banks also offer pre-approved credit cards based on your banking history, which can streamline the application process.
Is there an annual fee associated with UPI credit cards?
Some UPI credit cards have no annual fee, while others may charge a nominal fee. Always check the terms before applying to ensure you understand the costs involved.
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Author - Abhishek Sonawane
Abhishek Sonawane, an MBA graduate from the prestigious Indian Institute of Management Visakhapatnam (IIMV), brings over ten years of experience in the finance domain. His extensive background includes various roles in financial management and strategy, providing him with a comprehensive understanding of the financial landscape. Abhishek’s expertise and dedication to financial education make him an authoritative voice in personal finance, helping readers make informed financial decisions.