Kotak UPI RuPay Credit Card
Kotak Mahindra Bank · Checked 2026-10-17
A lifetime-free virtual companion card for existing Kotak cardholders who want to route eligible merchant UPI payments through credit.
CardIQ editorial view
Our take
A lifetime-free virtual companion card for existing Kotak cardholders who want to route eligible merchant UPI payments through credit.
Who it suits
- Existing Kotak credit-card customers using merchant UPI.
- People who want a no-fee virtual RuPay companion card.
Key strengths
- No joining or annual fee and rewards on eligible UPI transactions.
Trade-offs to understand
- It is not a standalone entry card: eligibility requires an existing Kotak credit card.
- The cash-equivalent reward rate is modest and many common categories are excluded.
CardIQ verdict
Useful as a free UPI companion, not as a reason by itself to start a Kotak credit-card relationship.
Compare before deciding
- IndusInd Bank Platinum RuPay — Compare a RuPay option that may work as a primary card.
- HDFC Bank UPI RuPay Credit Card — Compare eligibility and UPI reward value.
This CardIQ editorial assessment is maintained separately from issuer facts and commercial links. CardIQ may earn a commission from some applications. Verify current terms before applying.
Benefits, limits and conditions
- Virtual-only RuPay credit card available to eligible existing Kotak credit-card customers.
- Cash redemption is ₹0.07 per point with a 2,000-point minimum; other catalogue redemptions may value points differently.
- No rewards on rent, fuel, railway, wallet, EMI, education, insurance, government or online gaming; utility rewards are capped by eligible spend.