Latest news with #RuPayCreditCard
Mint
4 days ago
- Business
- Mint
IndusInd Bank Samman Credit Card: Features, eligibility and how to apply
Government employees in India seeking a credit card that provides for cashback, UPI integration and fee waiver opportunities can consider the IndusInd Bank 'Samman' RuPay Credit Card. This particular credit card is designed specifically for public sector employees, it combines both traditional credit card benefits along with cutting edge technology facilitating modern digital payment features. Visit the website: Visit the official IndusInd Bank Samman RuPay Credit Card page to initiate the process of application submission. Check and verify eligibility: Do ensure that you meet the basic eligibility criteria before moving ahead. The applicant must be between 21 to 60 years of age and employed in the government sector. The applicant should also have a minimum net monthly income of ₹ 20,000. Complete the application form: Fill in personal details such as name, date of birth, employment details along with other requested essentials accurately. Submit required documents: Provide all necessary documents such as identity proof, address proof, and bank statements. For the same you can submit digital copies of government approved documents such as Aadhaar card, PAN card, electricity bills etc. Approval and verification: Upon successful verification and background checks with regards to your credit score, repayment history, default probability etc, the bank will process your application and dispatch the credit card. Cashback benefits : You can earn 1% cashback on retail expenses up to ₹ 20,000 in every statement cycle. : You can earn 1% cashback on retail expenses up to 20,000 in every statement cycle. UPI Integration : You can also link the credit card to UPI applications such as BHIM, Google Pay, and PhonePe for smooth and seamless transaction experience. : You can also link the credit card to UPI applications such as BHIM, Google Pay, and PhonePe for smooth and seamless transaction experience. Fee waivers : Enjoy zero cash advance fees and a 1% railway surcharge waiver on transactions up to ₹ 5,000 through IRCTC. : Enjoy zero cash advance fees and a 1% railway surcharge waiver on transactions up to 5,000 through IRCTC. Reward points: Earn 1.5 reward points for every ₹ 100 spent by you. Note: The features, terms and conditions discussed above are illustrative in nature. For the updated terms, conditions and features refer to the official website of IndusInd Bank. Complimentary movie tickets : You can avail free movie tickets up to ₹ 200 every six months. : You can avail free movie tickets up to 200 every six months. No charges on cash advances : Withdraw cash without incurring additional fees or any charges. : Withdraw cash without incurring additional fees or any charges. Fuel surcharge waiver: Benefit from a 1% fuel surcharge waiver on transactions between ₹ 400 and ₹ 4,000. Note: The terms, conditions, benefits discussed above are illustrative in nature. For the updated benefits and terms refer to the official website of IndusInd Bank. Before applying for a credit card always keep these facts in mind: High interest rates on unpaid balances can lead to mounting debt. Missing payments can result in penalties and lowering your credit score. Overspending beyond means can result in financial complications. Minimum due payment can trap credit card users in a debt cycle. Excessive use of credit can influence future loan approvals. Therefore, keeping the above factors in mind, borrowers should accordingly plan and apply for credit cards or other credit instruments. For more clarity on the application process applicants can reach out to 1860-26-77777 to discuss their problems with the dedicated IndusInd Bank executive. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
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Business Standard
23-05-2025
- Business
- Business Standard
No annual fee, 3% cashback: Axis Bank-super.money RuPay credit card is here
Axis Bank — one of the country's top private sector banks — has partnered with the Flipkart Group's credit-first UPI platform, to launch a new lifetime-free co-branded RuPay credit card. This payment solution blends high rewards, UPI-enabled convenience, and zero annual fees, making it a compelling choice for users looking to maximize value on everyday spending. The Axis Bank RuPay Credit Card supports UPI, POS terminals, online purchases, and ATM withdrawals, giving users the freedom to transact anywhere — digitally or physically. Its standout feature is a 3% cashback on UPI-based 'Scan & Pay' transactions via the app, and a 1% cashback on all other eligible spending categories. Key benefits for users: 3% cashback on QR code-based credit transactions made using the app 1% cashback on all other spending (excluding standard exclusions such as fuel surcharge) Rs 500 cashback cap per billing cycle 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 (up to ₹400 per cycle) No joining or annual fees, making the card lifetime free Availble in both digital and physical formats The card runs on RuPay, India's indigenous card payment network, which has seen massive adoption thanks to its integration with UPI. What sets it apart? This is not just another cashback credit card. It taps into India's growing UPI-first ecosystem, allowing credit card holders to earn rewards not only on traditional card swipes but also on UPI QR scans — something not typically offered by other credit cards in the market. It's a win for users who prefer QR-code payments but also want to benefit from credit card perks. For example, a customer spending Rs 10,000 monthly via UPI QR scans through the app can earn Rs 300 in cashback. Over a year, that adds up to Rs 3,600 in direct savings — with no fees involved. Why it matters? As consumers increasingly adopt UPI for day-to-day payments — from groceries to local transport — the Axis Bank RuPay Credit Card bridges the gap between UPI convenience and credit card rewards. How to Get It: Interested customers can apply directly through the app, where onboarding is expected to be fully digital, hassle-free, and instant. The credit card will also be available through Axis Bank's platforms. "The card offers unparalleled benefits, including FLAT 3% cashback, making it a game-changer for users seeking maximum value from any transaction," said Prakash Sikaria, Founder & CEO of RBI data reveals at end-February 2025, the number of credit cards has more than doubled to around 10.93 crore as compared to December 2019, when there were 5.53 crore cards in circulation.
Time of India
14-05-2025
- Business
- Time of India
UPI-linked Revolving Credit Instrument to be introduced by J&K Bank powered by Pine Labs
. MUMBAI: Pine Labs and J&K Bank are introducing a tech-first RuPay Credit Card for the bank's customers. The RuPay Credit Card can also be linked to UPI for seamless credit transactions . This integration will also enable seamless processing of pre-sanctioned credit lines on UPI. To enable Credit Cards on UPI, Pine Labs has built and integrated its own UPI Switch on this platform for smart routing of transactions through speedy networks, which is expected to bring down transaction failure rates. This switch can seamlessly adopt all UPI payment features including AutoPay, link-based payments, e-RUPI, QR, and credit card payments. B Amrish Rau, CEO, Pine Labs, said, 'Today's launch is a shot in the arm for Revolver Credit use cases like credit cards.'
Mint
09-05-2025
- Business
- Mint
Rewards offered by different UPI platforms such as Google Pay, PhonePe, Paytm, CRED, Mobikwik. Check list here
If you use a digital payment app such as Google Pay, PhonePe, Paytm or Mobikwik and are accustomed to using a credit card at the same time – it is recommended to link your credit card to one of the UPI apps. This can be done seamlessly through RuPay Credit Card. Almost all banks have mapped their credit cards to RuPay functionality, thus enabling these cards to route payments via UPI apps. Most of these UPI apps provide cashbacks and rewards on their usage. These rewards are of different types and can be redeemed differently. I. Google Pay: It offers scratch cards and cashback. These offer variable rewards and users can earn cashback through scratch cards on eligible transactions. These are directly credited to the bank account. II. PhonePe: It offers cashback on certain merchants on certain instruments and bill payments. These are credited to the PhonePe wallet which can be used to make payments only while no withdrawals are allowed. III. Paytm: Its rewards are given in form of cashback and referral bonuses. It offers upto ₹ 75 cashback on UPI transactions, ₹ 50 per successful referral. These cashback and referral bonuses are credited to Paytm wallet. IV. CRED: It offers occasional 100 percent cashback promotions, rewards for timely credit card payments. They are redeemable for products, services or experiencers via the app. They focus on rewarding responsible financial behaviour with premium offers. V. Mobikwik: Mobikwik offers cashback and rewards on various transactions while the exact amounts vary. They are redeemable for bill payments, recharges and more within the app. It offers a blend of wallet services with UPI functionality. VI. POP: POP offers reward points in the form of Popcoins. In terms of value, it offers 2 percent POPcoins on UPI transactions and upto to 10 percent on online shopping with RuPay credit card. They are redeemable for various rewards within the app. They are designed for every transaction. Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
Mint
28-04-2025
- Business
- Mint
What are the benefits of linking UPI to your credit card? 3 key advantages explained
If you are a regular credit card user and quite accustomed to using UPI (Unified Payments Interface) at the same time – it is recommended to link your credit card to the UPI. To be able to do that, the card should be a RuPay card. Most banks currently offer RuPay cards, which enable you to make real time payments via credit cards rather than routing them via bank account. Almost all major banks offer RuPay cards such as Airtel Axis Bank RuPay Credit Card, Axis Fibe RuPay Credit Card, Bank of Baroda Easy RuPay Credit Card, DCB Card, Divaa RuPay Credit Card (Union Bank), Federal Bank RuPay Signet Credit Card, HDFC Freedom RuPay Credit Card, ICICI Rubyx, IDBI Winnings RuPay Select Card and Indian Overseas Bank Platinum RuPay Credit Card, and others. Recently, we released a list of 7 popular RuPay credit cards which you can access here. 1. You can use a credit card while you are making instant payments via digital wallet. Typically unified payments interface (UPI) platforms debit money from the bank account directly, whereas RuPay cards allow usage of the likes of Google Pay and PhonePe without having to pay directly from your bank account. 2. When you link your credit card to these digital platforms, you bank statement remains uncluttered. Only one transaction – at the time of credit card payment - will reflect it on the bank statement. 3. Risk of liability arising out of fraud falls drastically when you use a credit card. When you spot an illegitimate transaction made through your credit card, you can report it immediately to get it stopped. This protection is offered to credit card users. Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit. First Published: 28 Apr 2025, 06:46 PM IST
