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HDFC Millennia Credit Card Review – Fees & Benefits

Published: September 27, 2026 By Credit Card Path Editorial
All Credit Cards Cashback Cards HDFC Bank Cards Recommended for You Rewards & Shopping Cards
HDFC Millennia Credit Card official image showing cashback benefits design

If you shop regularly on Amazon, Flipkart, Myntra, Swiggy, Zomato or book cabs on Uber, the HDFC Millennia Credit Card is one of the most popular cashback options in India for young professionals. This complete review explains the exact 5% cashback structure, monthly caps, quarterly ₹1,000 voucher, fees, eligibility, real drawbacks and whether this card still makes sense for you in 2026. You will get clear numbers, practical tips and an honest final verdict so you can decide quickly.

1. Brief Introduction (Card Overview)

•
Card Name: HDFC Bank Millennia Credit Card
•
Issuer Bank: HDFC Bank
•
Card Network: Visa / Mastercard
•
Card Type: Cashback / Lifestyle Card for online spenders
•
Ideal User for this Card: Young salaried professionals and self-employed individuals aged 21–40 who spend heavily on the 10 partner brands and want simple cashback without complicated reward programs

2. Key Takeaways

  • Best for: Heavy online shoppers on Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber and similar brands
  • Top Benefit: 5% cashback on 10 popular merchants (capped at ₹1,000 CashPoints per cycle)
  • Annual Fee: ₹1,000 + GST (waived on ₹1 lakh annual spend)
  • Standout Feature: ₹1,000 gift voucher (or lounge voucher) every calendar quarter on ₹1 lakh spend
  • Verdict: Strong value if your spends match the partner list; less attractive if spends are scattered or you need unlimited lounge access

3. Fees & Charges

Fee TypeDetails
Joining Fee₹1,000 + GST (1,000 CashPoints credited on payment of joining fee)
Annual / Renewal Fee₹1,000 + GST (waived if you spend ₹1,00,000 or more in the preceding 12 months)
Forex Markup Fee3.5% + GST on international transactions
Finance Charges (Interest)Approximately 3.60%–3.75% per month (around 43.2%–45% per annum) on revolving credit
Reward Redemption Fee₹50 + GST when redeeming CashPoints against statement balance (minimum 500 points)
Fuel Surcharge Waiver1% waiver on transactions between ₹400 and ₹5,000 (maximum ₹250 per statement cycle)

According to the official website, the annual fee waiver is straightforward once you cross ₹1 lakh spend. Always confirm the latest GST and any temporary offers before applying.

4. Cashback, Rewards & Discounts

5%
5% Cashback on 10 Partner Merchants: Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato. Cashback is credited as CashPoints (1 CashPoint = ₹1). Maximum ₹1,000 CashPoints per statement cycle. Only direct non-EMI purchases qualify. Gift cards, vouchers, wallet loads and certain SmartBuy/PayZapp transactions are excluded from the 5% rate.
1%
1% Cashback on Other Eligible Spends: Most other retail spends (including EMI principal and wallet loads in many cases) earn 1% CashPoints, also capped at ₹1,000 CashPoints per statement cycle. Fuel, rent payments and government-related transactions do not earn rewards.
₹
Quarterly Milestone Benefit: Spend ₹1,00,000 or more in a calendar quarter (Jan–Mar, Apr–Jun, Jul–Sep, Oct–Dec) and you receive a ₹1,000 gift voucher. You can alternatively choose a domestic airport lounge access voucher (HOI) instead of the gift voucher.
🎁
Welcome Benefit: 1,000 CashPoints when you pay the joining fee. This effectively offsets a large portion of the first-year cost if redeemed against statement balance.
🔄
Redemption Value: Best value is statement credit at 1 CashPoint = ₹1 (minimum 500 points, monthly redemption cap of 3,000 points). Catalogue and SmartBuy flight/hotel redemptions give only about ₹0.30 per point. Unredeemed points expire after 2 years.
🍽️
Dining Discount: Up to 10–20% additional discount on Swiggy Dineout using the relevant coupon code (check current code and T&Cs on the official site or app).

5. Travel Benefits

•
Airport Lounge Access: Complimentary free lounge visits were discontinued. Lounge access is now part of the quarterly milestone program. When you spend ₹1 lakh in a calendar quarter you can choose a domestic HOI lounge access voucher instead of the ₹1,000 gift voucher.
•
International Lounge: No complimentary international lounge access is offered on this card.
•
Forex Markup: 3.5% + GST makes the card less ideal for frequent foreign travel or online international purchases compared with premium travel cards that offer 0–2% markup.
•
SmartBuy Travel: You can book flights and hotels via SmartBuy and use CashPoints (at reduced value of ≈₹0.30 per point) for up to 50% of the booking value.

6. Other Lifestyle & Special Perks

•
Fuel Benefit: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 at all fuel stations across India, with a maximum waiver of ₹250 per statement cycle. This is useful for regular fuel spenders but does not earn cashback.
•
Interest-Free Period: Up to 50 days from the date of purchase (subject to merchant settlement and full payment by due date).
•
Contactless & Digital Features: Tap & Pay, Swipe to Pay on supported platforms, and full card controls available through NetBanking and the HDFC Bank mobile app / PayZapp.
•
Zero Liability Protection: Report loss or theft immediately to the 24-hour helpline and you get zero liability on fraudulent transactions made after reporting.
•
Additional Cashback via PayZapp / SmartBuy: Selected offers can give up to 10% extra cashback on certain categories when you shop through PayZapp Shop or SmartBuy (subject to separate caps and T&Cs).

7. Eligibility Criteria

•
Age: Minimum 21 years and maximum 40 years for both salaried and self-employed applicants (as per current official criteria).
•
Salaried Applicants: Indian national with net monthly income greater than ₹35,000.
•
Self-Employed Applicants: Indian national with annual ITR greater than ₹6 lakh.
•
Credit Score: A good to excellent CIBIL score (generally 720+) significantly improves approval chances. Final decision rests with HDFC Bank’s internal policy.
•
Nationality: Only Indian residents / nationals are eligible as per published criteria.

8. Drawbacks & Cons

•
Monthly Caps Limit Earnings: Both the 5% and 1% cashback are capped at ₹1,000 CashPoints each per statement cycle. High spenders hit the ceiling quickly and earn nothing extra beyond that.
•
Age Restriction: Maximum age of 40 years excludes many potential users who still spend heavily online.
•
No Free Lounge Access: Complimentary lounge visits are no longer available. You only get a lounge voucher option if you hit the quarterly ₹1 lakh milestone.
•
Higher Forex Markup: 3.5% is expensive for international spends or foreign-currency online purchases.
•
Redemption Friction: Statement credit has a ₹50 + GST fee and a monthly redemption cap. Catalogue and travel redemptions give much lower value (≈₹0.30 per point).
•
Exclusions: Rent, government payments, fuel (for rewards), gift cards and certain wallet loads do not earn the advertised cashback rates.

9. Similar & Alternative Cards

•
SBI Cashback Credit Card: Flat 5% online cashback with a higher annual fee but no merchant restriction and a simpler structure. Good if your online spends are spread across many sites. [LINK: Best Cashback Credit Cards in India]
•
Axis Ace Credit Card: Strong utility and bill-payment cashback with lifetime-free variants in some cases. Better if your spends are more on bills than lifestyle brands. [LINK: Axis Ace Credit Card Review]
•
HDFC PIXEL Play Credit Card: Fully digital, customisable packs for 5% cashback and often lower or waived fees. Suitable if you prefer app-only management and pack selection. [LINK: HDFC PIXEL Play Credit Card Review]

10. Official Website & Essential Links

🔗
Official Bank Link: Apply / View Official Page
🔗
Terms & Conditions: Always download the latest Most Important Terms and Conditions (MITC) PDF from the official HDFC Bank website before applying.

11. How to Apply

Online Steps:

  1. Visit the official HDFC Bank Millennia Credit Card page or open the HDFC Bank mobile app / NetBanking.
  2. Click on “Apply Now” and enter your mobile number and basic personal details.
  3. Provide employment type, income details and upload required documents (or complete video KYC if prompted).
  4. Review the application summary, accept the terms and submit.
  5. Track application status through the app or SMS updates. On approval, activate the card and set your PIN.

Documents Required:

•
Identity Proof: PAN Card (mandatory) + Aadhaar / Passport / Voter ID / Driving Licence
•
Address Proof: Aadhaar, utility bill, passport or rental agreement
•
Income Proof: Latest salary slips / Form 16 (salaried) or ITR and bank statements (self-employed)

12. Safety & Fraud Prevention Tips

🔒
OTP & CVV Security: Banks or officials never ask for OTP, CVV, or passwords over the phone or email. Never share these details.
🔒
Safe Links: Always apply only through the official HDFC Bank website or verified app. Avoid third-party links that promise instant approval.
🔒
Card Controls: Use NetBanking or the mobile app to set transaction limits, disable international usage or temporarily lock the card if needed.
🔒
Report Immediately: In case of loss or suspicious activity, hotlist the card via the 24-hour HDFC helpline for zero liability protection.

13. Should You Get This Card? (Final Verdict)

Pros Summary: The HDFC Millennia Credit Card is best suited for users aged 21–40 whose monthly spends regularly fall on Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber, BookMyShow and the other listed partners. The 5% cashback plus quarterly ₹1,000 voucher can deliver solid returns if you consistently hit the milestones and redeem CashPoints against statement balance.

Final Conclusion: If your spending pattern matches the partner list and you can comfortably reach ₹1 lakh annual spend for the fee waiver, the HDFC Millennia Credit Card remains a worthwhile cashback option. If your spends are more diverse, you need free lounge access, or you are above 40 years of age, consider alternatives with broader rewards or lower restrictions. Always verify the latest fees, caps and terms on the official website before applying.

14. Frequently Asked Questions (FAQs)

Q: Can the HDFC Millennia Credit Card be obtained as Lifetime Free?

A: No. The standard joining and annual fee is ₹1,000 + GST. The annual fee is waived only if you spend ₹1,00,000 or more in the preceding 12 months. There is currently no lifetime-free version of this card.

Q: What is the cashback rate on HDFC Millennia Credit Card?

A: You earn 5% CashPoints on spends at Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato (capped at ₹1,000 per statement cycle) and 1% CashPoints on most other eligible spends (also capped at ₹1,000 per cycle).

Q: How to redeem CashPoints on Millennia Credit Card?

A: Log in to NetBanking or the HDFC mobile app, go to the rewards section and redeem against statement balance at 1 CashPoint = ₹1 (minimum 500 points, monthly cap 3,000 points, ₹50 + GST fee). Catalogue and SmartBuy redemptions give lower value.

Q: Is there lounge access on HDFC Millennia Credit Card?

A: Complimentary free lounge visits are no longer available. When you spend ₹1 lakh in a calendar quarter you can choose a domestic airport lounge access voucher (HOI) instead of the ₹1,000 gift voucher.

Q: What is the minimum income required for HDFC Millennia Credit Card?

A: Salaried applicants need net monthly income above ₹35,000. Self-employed applicants need annual ITR above ₹6 lakh. Age must be between 21 and 40 years.

Q: Can I get the annual fee waived easily?

A: Yes. Spend ₹1,00,000 or more in the 12 months before the renewal date and the next year’s annual fee is waived. This is a realistic target for most active users of the card.

Q: Why is the age limit only up to 40 years?

A: According to the official eligibility criteria published by HDFC Bank, the Millennia Credit Card is targeted at younger customers. Applicants above 40 years are generally not eligible for this specific variant.

Q: Does fuel earn cashback on this card?

A: No. Fuel transactions do not earn CashPoints. However, you do get a 1% fuel surcharge waiver (subject to the ₹400–₹5,000 transaction range and ₹250 per cycle maximum).

15. Expert Help & Next Steps

Still Confused? Not sure if the HDFC Millennia Credit Card matches your monthly spending pattern?

₹49 Expert Consultation: Get personalised advice from our credit card experts and apply safely without falling for online fraud.

Book ₹49 Expert Consultation Apply Now Officially →

16. Disclaimer

Financial Disclaimer: The information provided in this article is strictly for educational and informational purposes. Credit card fees, interest rates, rewards rates, caps, lounge benefits and terms & conditions (T&C) are subject to change by HDFC Bank at any time. Always check the official website of HDFC Bank and the latest Most Important Terms and Conditions (MITC) thoroughly before applying for any card. We are not responsible for any financial losses or approved/rejected applications. Data compiled from official sources as of the latest available information in 2026.

Disclaimer & affiliate disclosure: This review is for informational purposes only. Credit card features, fees and offers can change. Always verify details on the official bank website and MITC before applying. Credit Card Path may earn a commission if you apply through links on this page at no extra cost to you. This does not change the price you pay. We are not a bank or RBI-regulated lender.

IDFC Hello Cashback Credit Card Review: Complete Information, Fees, Benefits, and Drawbacks

Published: September 23, 2026 By Credit Card Path Editorial
Beginner & FD-Backed Cards Cashback Cards IDFC FIRST Bank Cards RuPay & UPI Cards Zero Forex Markup Cards
IDFC Hello Cashback Credit Card Review: Complete Information, Fees, Benefits, and Drawbacks Estimated reading time: 10–12 minutes IDFC Hello Cashback Credit Card – Official Image

1. Brief Introduction (Card Overview)

•
Card Name: IDFC FIRST Bank Hello Cashback Credit Card
•
Issuer Bank: IDFC FIRST Bank
•
Card Network: RuPay (UPI-ready)
•
Card Type: Secured / FD-backed Cashback Credit Card
•
Ideal User for this Card: First-time credit card users, young adults (18+), students, those with thin or no credit history, and digitally savvy spenders who shop online and pay via UPI regularly. Perfect if you can place a minimum Fixed Deposit of ₹10,000 and want simple cashback without income proof or high CIBIL requirements.

Key Takeaways

  • Best for: Online shoppers, UPI users, first-time cardholders & credit builders
  • Top Benefit: Up to 5% cashback on online spends + 1% on UPI & essentials (capped ₹1,500 per cycle)
  • Annual Fee: ₹1,000 + GST (100% waived on ₹2 lakh+ annual spends; 50% on ₹1–2 lakh)
  • Standout Feature: FD-backed with no income/CIBIL check + instant UPI readiness on RuPay
  • Verdict: Excellent entry-level cashback card for digital spenders who can lock a small FD

2. Fees & Charges

Fee TypeDetails
Joining Fee₹1,000 + GST (currently ₹0 under introductory offer)
Annual / Renewal Fee₹1,000 + GST. 100% reversed on annual spends of ₹2 lakh or more; 50% reversed on spends between ₹1 lakh and ₹2 lakh (in the previous anniversary year)
Forex Markup FeeApproximately 3.5% (confirm latest on official site; some reports mention variations)
Finance Charges (Interest)0.71% to 3.99% per month (8.5% to 47.88% per annum)
Reward Redemption FeeNil – cashback is credited directly to the card account
Cash Withdrawal Fee₹199 + GST (0% interest for up to 45 days)
Late Payment Charges15% of total amount due (minimum ₹100, maximum ₹1,300)

3. Cashback, Rewards & Discounts

💰
Online Spends: 3% cashback on online spends up to ₹10,000 per statement cycle; 5% cashback on incremental online spends above ₹10,000. Online cashback capped at ₹1,000 per cycle. No merchant restrictions on eligible online categories.
✈️
Travel Bonus: Additional 1% cashback on flight and hotel bookings made via the IDFC FIRST Bank app (effective up to 6% combined on eligible travel).
📱
UPI & Offline: 1% cashback on UPI spends done through the IDFC FIRST Bank app, in-store card swipes, and contactless transactions.
🏠
Essential Categories (1%): Utilities, education, insurance, FASTag recharge, railway bookings, government payments, rent, jewellery, wallet loads, and gift card loads.
🎯
Overall Cap: Maximum total cashback of ₹1,500 per statement cycle across all categories. Potential to earn up to ₹18,000 cashback annually with consistent high online spends.
✅
Crediting: Cashback is posted to your card account only after the Minimum Amount Due is paid on or before the payment due date. Credited typically 1 day after the due date.

4. Travel Benefits

✈️
Airport / Railway Lounge Access: Not available on this card.
🛡️
Personal Accident Cover: Up to ₹2 lakh (active if you have made at least one transaction in the last 30 days).
🔒
Lost Card Liability: Cover of ₹25,000 against unauthorised transactions (report promptly).
🚗
Roadside Assistance: Complimentary 24/7 roadside assistance worth ₹1,399, available up to 4 times per year.
🏨
Travel Booking Bonus: Extra 1% cashback on flights and hotels booked through the IDFC FIRST Bank mobile app.

5. Other Lifestyle & Special Perks

⛽
Fuel Surcharge Waiver: 1% fuel surcharge waiver (up to ₹100 per month) on fuel spends between ₹200 and ₹5,000 across India.
🏦
FD Benefits: Credit limit equal to 100% of your Fixed Deposit (minimum FD ₹10,000). You continue earning interest on the FD while using the credit limit. Additional FDs can be linked to increase limit instantly.
💳
Cash Access: Withdraw cash against the FD via ATM without breaking the deposit (subject to ₹199 + GST fee and interest-free period up to 45 days).
🛡️
Purchase Protection: Cover available (typically up to ₹25,000 under standard terms for eligible purchases).
📲
UPI Ready from Day One: Link the RuPay card to major UPI apps (GPay, PhonePe, Paytm, BHIM, etc.) or use directly via IDFC FIRST Bank app for 1% cashback.

6. Eligibility Criteria

👤
Age: 18 to 80 years
🇮🇳
Residency: Indian resident citizen with current and permanent address in India
💰
Income / CIBIL: No minimum income proof or credit score required (FD-backed secured card)
🏦
Fixed Deposit: Minimum FD of ₹10,000 with IDFC FIRST Bank (credit limit = 100% of FD value)
📄
Documentation: Minimal – primarily video KYC and basic personal details; no extensive income documents needed

7. Drawbacks & Cons

⚠️
Cashback Cap: Total cashback limited to ₹1,500 per statement cycle (₹1,000 max from online), so high spenders may hit the ceiling quickly.
⚠️
Secured Nature: Requires locking money in an FD (minimum ₹10,000). Funds are not fully liquid without using the card’s cash withdrawal facility.
⚠️
No Lounge Access: Lacks airport or railway lounge benefits that many other cards offer.
⚠️
UPI Cashback Condition: 1% on UPI primarily via the IDFC FIRST Bank app for full benefit; third-party apps may have restrictions or lower value.
⚠️
Annual Fee Structure: ₹1,000 + GST applies from the second year unless you meet the spend waiver thresholds.

8. Similar & Alternative Cards

🔄
IDFC FIRST WOW! / WOW! Black: Also FD-backed. Better for rewards points and travel (including zero/low forex options on some variants). Choose Hello Cashback if you prefer pure cashback over points.
🔄
Axis Ace Credit Card: Strong cashback on bill payments and online spends with no FD requirement (income-based). Better if you have a good credit profile and want unsecured options.
🔄
SBI Cashback Credit Card: Flat 5% cashback on online spends (capped). Unsecured, higher fee, but no FD lock-in. Suitable if you qualify on income/CIBIL and spend heavily online.

9. Official Website & Essential Links

🔗
Official Bank Link: Apply / View Official Page
🔗

10. How to Apply

Online Steps:

  1. Visit the official IDFC FIRST Bank Hello Cashback Credit Card page or open the IDFC FIRST Bank mobile app / website.
  2. Enter your basic personal details (name, mobile number, email, PAN, address) and complete OTP verification.
  3. Create or link a Fixed Deposit of at least ₹10,000 with IDFC FIRST Bank (you can do this during the application flow).
  4. Complete Video KYC as guided by the bank.
  5. On successful verification, receive instant virtual card and credit limit equal to your FD amount. Physical card follows shortly.

Documents Required:

📄
Identity & Address: PAN Card, Aadhaar (for video KYC), and address proof as per bank’s digital process.
📄
Income Proof: Not required (secured against FD).
📄
Other: Valid mobile number linked for OTP and UPI, and funds for the minimum Fixed Deposit.

11. Safety & Fraud Prevention Tips

🔒
OTP & CVV Security: Banks or officials never ask for OTP, CVV, or passwords over the phone or email. Never share these details.
🔒
Safe Links: Always apply only through the official IDFC FIRST Bank website or verified app to avoid phishing and fraud.
🔒
Monitor Transactions: Enable SMS/email alerts and regularly check your statements. Report any unauthorised activity immediately to the bank helpline.
🔒
Lost Card: Hotlist the card instantly via the app or customer care if lost or stolen to activate liability protection.

12. Should You Get This Card? (Final Verdict)

Pros Summary: Ideal for first-time users, students, and digital-first spenders who shop online and use UPI heavily. The FD-backed model removes the need for income proof or strong CIBIL, while offering transparent cashback up to 5% online and 1% on everyday essentials. You also keep earning FD interest.

Final Conclusion: Yes — if you can comfortably place a minimum ₹10,000 Fixed Deposit and your monthly online spends regularly cross ₹10,000, the IDFC Hello Cashback Credit Card is one of the most accessible and rewarding entry-level cashback options available in India right now. Just be mindful of the monthly cashback cap and the annual fee waiver conditions. Always verify the latest terms on the official website before applying.

13. Frequently Asked Questions (FAQs)

Q: Can this card be obtained as Lifetime Free?

A: No. It has a joining fee (currently waived under intro offer) and an annual fee of ₹1,000 + GST. The annual fee can be fully or partially reversed based on annual spends (₹2 lakh+ for 100% waiver).

Q: What is the minimum Fixed Deposit required?

A: ₹10,000. Your credit limit will be equal to 100% of the FD amount. You can link additional FDs later to increase the limit.

Q: Is income proof or CIBIL score required?

A: No. This is a secured FD-backed card, so approval does not depend on income documents or credit score. Ideal for first-time users and those with thin credit files.

Q: How is the cashback credited?

A: Cashback is credited to your card account after you pay at least the Minimum Amount Due on or before the payment due date. It usually appears one day after the due date.

Q: What is the maximum cashback I can earn in a month?

A: ₹1,500 per statement cycle in total (with online cashback capped at ₹1,000 within that overall limit).

Q: Does UPI spend earn cashback on any app?

A: You earn 1% cashback on UPI spends made through the IDFC FIRST Bank app. The card can be linked to other UPI apps (GPay, PhonePe, etc.), but the preferential 1% rate is tied to the bank’s app for best results.

Q: Are there airport lounge benefits?

A: No, the Hello Cashback Credit Card does not offer domestic or international airport lounge access.

Q: Can I withdraw cash from the linked FD?

A: Yes, you can withdraw cash via ATM against the card/FD without breaking the deposit. A fee of ₹199 + GST applies, and interest-free period of up to 45 days is available.

Q: What age group is eligible?

A: Applicants between 18 and 80 years of age who are Indian resident citizens.

Q: Is the joining fee still waived?

A: As of the latest information, the joining fee is shown as ₹0 under the introductory offer. Always check the official website for the current status of the offer.

14. Expert Help & Next Steps

Still Confused? Not sure if this credit card is the right choice for your spending habits?

₹49 Expert Consultation: Get personalised advice from our credit card experts and apply safely without falling for online fraud.

Book ₹49 Expert Consultation Apply Now Officially →

15. Disclaimer

Financial Disclaimer: The information provided in this article is strictly for educational and informational purposes. Credit card fees, interest rates, and terms & conditions (T&C) are subject to change by respective banks over time. Always check the official website of the relevant bank to review all rules thoroughly before applying for any card. We are not responsible for any financial losses or approved/rejected applications.

Disclaimer & affiliate disclosure: This review is for informational purposes only. Credit card features, fees and offers can change. Always verify details on the official bank website and MITC before applying. Credit Card Path may earn a commission if you apply through links on this page at no extra cost to you. This does not change the price you pay. We are not a bank or RBI-regulated lender.

Kiwi Credit Card Review 2026: Complete Information, Fees, Benefits, and Drawbacks

Published: September 22, 2026 By Credit Card Path Editorial
Airport Lounge Access Cards All Credit Cards Cashback Cards Co-Branded Credit Cards Lifetime Free (LTF) Cards RuPay & UPI Cards
Kiwi Credit Card Review 2026: Complete Information, Fees, Benefits, and Drawbacks Estimated reading time: 10–12 minutes Kiwi Credit Card – Official Image

1. Brief Introduction (Card Overview)

•
Card Name: Kiwi Credit Card (also known as YES Bank Klick / AU Kosmo / PNB Kiwi RuPay Credit Card)
•
Issuer Bank: Primarily YES Bank (Klick); also issued via AU Small Finance Bank and Punjab National Bank through the Kiwi app
•
Card Network: RuPay (fully virtual, UPI-enabled for Scan & Pay)
•
Card Type: Lifetime-Free UPI Cashback Credit Card
•
Ideal User for this Card: Heavy UPI Scan & Pay users who make frequent QR-code payments for groceries, food, local shops and daily expenses and want real cashback credited to their bank account with zero joining or annual fees.

Key Takeaways

  • Best for: Everyday UPI spenders who prefer Scan & Pay over traditional card swipes
  • Top Benefit: 1.5% cashback on UPI Scan & Pay (up to 5% with optional Kiwi Neon membership)
  • Annual Fee: ₹0 (Lifetime Free – no spend conditions)
  • Standout Feature: Real cashback transferred directly to your bank account + optional Neon milestones with lounge access
  • Verdict: One of the strongest lifetime-free UPI cashback cards in 2026 for high-frequency Scan & Pay users

2. Fees & Charges

Fee TypeDetails
Joining Fee₹0 (Nil)
Annual / Renewal Fee₹0 (Lifetime Free – no conditions)
Forex Markup FeeApproximately 2.75% on foreign currency transactions
Finance Charges (Interest)Around 3.6%–3.99% per month (approximately 43–48% per annum) after interest-free period
Reward Redemption Fee₹0 (Nil – cashback goes directly to bank account)

Optional Kiwi Neon membership costs ₹999 + GST per year for higher cashback and lounge benefits. Late payment and other bank-specific charges apply as per the issuing partner’s MITC. Interest-free period is typically up to 45–50 days.

3. Cashback, Rewards & Discounts

★
Base Cashback (Free Card): 1.5% on eligible UPI Scan & Pay (QR) transactions and 0.5% on eligible online spends made through the Kiwi app.
★
Kiwi Neon (Paid Membership – ₹999 + GST/year): Base rate rises to 2% on Scan & Pay. Milestone rewards unlock higher effective rates: 3% at ₹50,000 annual eligible spend, 4% at ₹1 lakh, and 5% at ₹1.5 lakh (milestones calculated net of earlier cashback).
★
Reward Currency: Earned as “Kiwis” (4 Kiwis = ₹1). Cashback is transferred directly to your linked bank account – no points catalogue or vouchers.
★
Monthly Cap: Base cashback is typically capped at 1% of your assigned credit limit per month (Neon milestones may have different treatment).
★
Exclusions: Fuel, utilities, telecom, rent, insurance, education, government payments, jewellery and certain other MCC categories usually do not earn cashback.
★
Non-UPI Spends: Some partner variants also give 2 reward points per ₹200 on non-UPI transactions.

4. Travel Benefits

✈
Airport Lounge Access: Up to 3 complimentary domestic lounge visits per year for Kiwi Neon members after hitting the ₹50,000 / ₹1 lakh / ₹1.5 lakh eligible spend milestones (1 pass per milestone).
✈
Forex Markup: Approximately 2.75% – lower than many traditional cards but not zero.
✈
Travel Insurance: No standard complimentary travel or purchase protection insurance is offered as a core benefit.
✈
International Acceptance: RuPay network acceptance is limited compared with Visa/Mastercard; primarily useful domestically via UPI.

5. Other Lifestyle & Special Perks

♦
100% Virtual Card: Instant digital card – no physical plastic in most partner variants. Manage everything inside the Kiwi app.
♦
No-Cost EMI: Split eligible transactions (usually ₹1,500+) into interest-free instalments with the interest component returned as cashback/wallet credit.
♦
Fuel Surcharge Waiver: 1% waiver on eligible fuel spends (typically ₹500–₹4,000 range), capped around ₹250 per statement cycle (partner-dependent).
♦
Brand Offers: Rotating discounts and gift-card deals on popular brands available inside the Kiwi app.
♦
Credit Score Building: Regular usage and timely repayment help build or improve your CIBIL score.
♦
Fully Digital Onboarding: Apply, get approved and start using the virtual card within minutes via the Kiwi app.

6. Eligibility Criteria

✓
Age: Typically 21–60 years (partner bank dependent)
✓
Income: No strict published high minimum; underwriting is flexible and based on credit profile and bank assessment
✓
Credit Score: CIBIL 750+ preferred for smoother approval, though thin-file applicants may also be considered
✓
Employment: Salaried, self-employed and other eligible profiles accepted by the partner bank
✓
Residency: Indian resident with valid PAN and Aadhaar
✓
Note: Existing credit card holders of the same partner bank may face restrictions in some cases

7. Drawbacks & Cons

!
Higher Cashback Needs Neon: Base 1.5% is good but the advertised “up to 5%” requires the paid Neon membership and high annual eligible spends.
!
Category Exclusions: Many everyday categories (utilities, fuel, rent, insurance, education, government) do not earn cashback.
!
Virtual-Only Card: Most variants issue only a virtual card – no physical plastic for POS use outside UPI.
!
Monthly Cap: Base cashback is capped at roughly 1% of your credit limit, limiting earnings for high spenders without Neon.
!
Partner Variation: Exact fees, limits and secondary benefits can differ slightly between YES Bank, AU and PNB variants.

8. Similar & Alternative Cards

↔
Slice UPI Credit Card: Another strong lifetime-free UPI option with “up to 3%” cashback and Slice-in-3 EMI. Kiwi generally offers clearer milestone path to 5% with Neon and direct bank-account cashback.
↔
OneCard or Scapia: Better for metal feel, zero-forex or travel perks. Kiwi wins purely on UPI Scan & Pay cashback convenience.
↔
SBI Cashback or Amazon Pay ICICI: Stronger for online shopping. Kiwi is superior if the majority of your spends are offline QR/UPI payments.

9. Official Website & Essential Links

🔗
Official Bank Link: Apply / View Official Page
🔗

10. How to Apply

Online Steps:

  1. Download the official Kiwi app from Google Play Store or Apple App Store (or visit gokiwi.in).
  2. Sign up with your mobile number and complete basic personal details.
  3. Check eligibility and choose the available partner bank offer (YES Bank / AU / PNB).
  4. Complete digital KYC (Aadhaar e-KYC or video KYC) and submit the application.
  5. On approval, your virtual RuPay credit card is issued instantly inside the app – start linking it to UPI and earning cashback immediately.

Documents Required:

📄
Identity Proof: PAN Card + Aadhaar linked to mobile number
📄
Address Proof: Aadhaar or other accepted digital verification
📄
Selfie / Photo: Required for video or e-KYC
📄
Income Proof: May be requested by the partner bank depending on the underwriting decision

11. Safety & Fraud Prevention Tips

🔒
OTP & CVV Security: Banks or officials never ask for OTP, CVV, or passwords over the phone.
🔒
Safe Links: Always use verified and secure channels to avoid any online fraud.
🔒
App Controls: Use the Kiwi app to monitor spends, set limits and manage your virtual card in real time.
🔒
Official Channels Only: Apply only through the official Kiwi app or website (gokiwi.in). Avoid third-party agents promising guaranteed approval.

12. Should You Get This Card? (Final Verdict)

Pros Summary: Perfect for users whose daily spending happens via UPI Scan & Pay. The lifetime-free nature, real cashback to bank account, and clear path to 5% via Neon make it highly attractive for high-frequency QR users.

Final Conclusion: The Kiwi Credit Card is one of the best pure UPI cashback products available in India in 2026. If you already make most of your payments by scanning QR codes, this card can meaningfully increase your effective returns with almost zero effort. For users with low UPI volume or those who prefer physical cards and broader category rewards, other options may be more suitable. Overall, highly recommended for the right spending profile.

13. Frequently Asked Questions (FAQs)

Q: Can this card be obtained as Lifetime Free?

A: Yes. The Kiwi Credit Card (across partner banks) has ₹0 joining fee and ₹0 annual fee for life with no spend conditions.

Q: How much cashback do I get without Neon?

A: 1.5% on eligible UPI Scan & Pay transactions and 0.5% on eligible online spends made through the Kiwi app.

Q: Is Kiwi Neon worth the ₹999 fee?

A: It becomes worthwhile once your annual eligible UPI spends approach or exceed ₹50,000–₹1.5 lakh, unlocking higher effective rates (up to 5%) and lounge passes. Calculate based on your own monthly UPI volume.

Q: How is cashback paid?

A: Cashback is earned as Kiwis (4 Kiwis = ₹1) and transferred directly to your linked bank account – real money, not vouchers.

Q: Does the card work on any UPI QR code?

A: Yes. Once linked, you can scan and pay at any merchant QR code that accepts RuPay credit on UPI.

Q: Is there a physical card?

A: Most variants are 100% virtual. A physical card is generally not issued (exceptions may exist with certain partners).

Q: What is the minimum spend for cashback?

A: Cashback is typically calculated on complete ₹100 blocks within eligible transactions.

Q: Can I get lounge access?

A: Only with the optional Kiwi Neon membership after hitting the annual spend milestones (up to 3 domestic visits).

Q: Which bank will issue my card?

A: The Kiwi app assigns a partner bank (YES Bank, AU or PNB) based on your profile and location at the time of application.

Q: Are there category exclusions?

A: Yes. Fuel, utilities, telecom, rent, insurance, education, government payments and several other categories usually do not earn cashback.

14. Expert Help & Next Steps

Still Confused? Not sure if this credit card is the right choice for your spending habits?

₹49 Expert Consultation: Get personalised advice from our credit card experts and apply safely without falling for online fraud.

Book ₹49 Expert Consultation Apply Now Officially →

15. Disclaimer

Financial Disclaimer: The information provided in this article is strictly for educational and informational purposes. Credit card fees, interest rates, and terms & conditions (T&C) are subject to change by respective banks over time. Always check the official website of the relevant bank to review all rules thoroughly before applying for any card. We are not responsible for any financial losses or approved/rejected applications.

Disclaimer & affiliate disclosure: This review is for informational purposes only. Credit card features, fees and offers can change. Always verify details on the official bank website and MITC before applying. Credit Card Path may earn a commission if you apply through links on this page at no extra cost to you. This does not change the price you pay. We are not a bank or RBI-regulated lender.

Slice UPI Credit Card Review 2026: Complete Information, Fees, Benefits, and Drawbacks

Published: September 22, 2026 By Credit Card Path Editorial
All Credit Cards Cashback Cards Lifetime Free (LTF) Cards RuPay & UPI Cards Zero Forex Markup Cards
Slice UPI Credit Card Review 2026: Complete Information, Fees, Benefits, and Drawbacks Estimated reading time: 10–12 minutes Slice UPI Credit Card – Official Image

1. Brief Introduction (Card Overview)

•
Card Name: Slice UPI Credit Card (also known as Slice Super Card)
•
Issuer Bank: Slice Small Finance Bank (formerly North East Small Finance Bank)
•
Card Network: RuPay (fully UPI-enabled for Scan & Pay)
•
Card Type: Lifetime-Free Cashback & UPI Credit Card
•
Ideal User for this Card: Young professionals, first-time credit users, and heavy UPI spenders who want a simple, zero-fee card that works on every QR code, offers cashback on everyday taps and scans, and helps build a credit score without complexity.

Key Takeaways

  • Best for: New-to-credit users and daily UPI spenders looking for easy cashback and credit-building
  • Top Benefit: Up to 3% cashback on UPI Scan & Pay transactions + zero joining and annual fees
  • Annual Fee: ₹0 (Lifetime Free – no spend conditions)
  • Standout Feature: “Slice in 3” – split eligible purchases into 3 interest-free instalments at no extra cost
  • Verdict: Excellent starter UPI credit card for beginners; practical cashback is usually 1–2% for most users

2. Fees & Charges

Fee TypeDetails
Joining Fee₹0 (Nil)
Annual / Renewal Fee₹0 (Lifetime Free – no conditions)
Forex Markup Fee0% (Nil) on international transactions
Finance Charges (Interest)3.5% per month (approximately 42% per annum) after the interest-free period
Reward Redemption Fee₹0 (Nil – cashback is automatic)

Other charges: Late payment fees range from ₹0 to ₹1,300 depending on outstanding balance (plus GST). Card replacement typically ₹0–₹300 + GST. Bank transfer from credit limit 2.5% (min ₹25). Interest-free period up to 48–50 days when full payment is made.

3. Cashback, Rewards & Discounts

★
Cashback Rate: Up to 3% cashback (called “monies”) on eligible UPI Scan & Pay and card transactions. Practical real-world range for most users is 1–2%.
★
UPI Focus: Higher cashback potential on everyday QR-code payments and small-ticket UPI spends – ideal for chai, groceries, local merchants and daily expenses.
★
Slice Spark Offers: Weekly rotating instant cashback deals on popular brands – no codes needed, credited automatically.
★
Redemption: Cashback is credited as monies that can be used within the Slice ecosystem or adjusted against spends. No complicated points catalogue.
★
No Caps on Small Spends: Designed to reward high-frequency, low-value UPI transactions that traditional cards often ignore.

4. Travel Benefits

✈
Zero Forex Markup: 0% foreign currency markup on international transactions – useful for online foreign purchases and overseas travel.
✈
Global Acceptance: Accepted in over 200 countries wherever RuPay is accepted (and via UPI where supported).
✈
Airport Lounge Access: No complimentary domestic or international lounge access is offered.
✈
Travel Insurance: No standard complimentary travel or purchase protection insurance is provided.

5. Other Lifestyle & Special Perks

♦
Slice in 3: Convert eligible purchases of ₹2,000 and above into three equal monthly instalments at zero extra cost (no interest, no processing fee).
♦
UPI Scan & Pay: Link the RuPay credit card to any UPI app and pay at any merchant QR code using your credit limit – just like a regular UPI transaction.
♦
Fully Digital Experience: Instant virtual card, real-time spend tracking, limit controls and bill payments – all managed inside the Slice app.
♦
Credit Building: Reports to major credit bureaus. Excellent for new-to-credit users who want to start building a positive CIBIL history.
♦
Dynamic Credit Limit: Limit can start as low as ₹2,000 and grow up to ₹10 lakh based on usage and repayment behaviour.

6. Eligibility Criteria

✓
Age: 18 years and above
✓
Nationality: Indian resident / Indian citizen
✓
Credit Score: No strict minimum CIBIL required – designed to be accessible for new-to-credit and thin-file applicants
✓
Income: No fixed high income bar published; underwriting is behaviour-based and more flexible than traditional banks
✓
Employment: Salaried, self-employed and students (meeting age criteria) can apply
✓
Other: Must complete KYC and preferably have or open a Slice savings account for seamless experience

7. Drawbacks & Cons

!
Variable Cashback: “Up to 3%” is marketing; most regular users realistically earn 1–2% depending on spend mix and conditions.
!
No Lounge Access: Zero complimentary airport lounge visits.
!
Limited Premium Perks: No golf, travel insurance, or high-value lifestyle benefits found on premium cards.
!
Surcharges on Certain Categories: Utility, rent, education and high-value fuel payments may attract small percentage fees above specified thresholds.
!
Foreclosure on Slice in 3: Early closure of instalments attracts a 3.5% foreclosure fee on remaining principal.

8. Similar & Alternative Cards

↔
Kiwi / Klick Credit Card: Another strong UPI cashback option. May offer higher base rates with a paid membership; Slice wins on pure zero-fee simplicity and Slice-in-3 flexibility.
↔
OneCard Metal: Lifetime-free metal card with better app control and 1% forex. Stronger for users who want a physical premium feel rather than pure UPI cashback.
↔
Amazon Pay ICICI or SuperMoney Axis: Better for Amazon/partner spends or higher flat cashback, but may have different fee structures or less seamless everyday QR usability than Slice.

9. Official Website & Essential Links

🔗
Official Bank Link: Apply / View Official Page
🔗
Terms & Conditions: View MITC / T&C

10. How to Apply

Online Steps:

  1. Download the official Slice app from Google Play Store or Apple App Store.
  2. Sign up or log in with your mobile number and complete basic profile details.
  3. Navigate to the Credit Card section and start the application.
  4. Complete digital KYC (Aadhaar-based e-KYC or video KYC) and submit income/employment details if asked.
  5. On approval, activate the instant virtual card and start using it for UPI and online spends while the physical card (if ordered) is delivered.

Documents Required:

📄
Identity Proof: PAN Card + Aadhaar (linked to mobile number)
📄
Address Proof: Aadhaar or other accepted digital verification
📄
Selfie / Photo: Required for video or e-KYC
📄
Bank Account: Preferably a Slice savings account for smoother limit and repayment setup

11. Safety & Fraud Prevention Tips

🔒
OTP & CVV Security: Banks or officials never ask for OTP, CVV, or passwords over the phone.
🔒
Safe Links: Always use verified and secure channels to avoid any online fraud.
🔒
App Controls: Use the Slice app to lock the card, set limits or disable channels instantly if you notice any unusual activity.
🔒
Official Channels Only: Apply only through the official Slice app or website (slice.bank.in). Avoid third-party agents promising guaranteed approval.

12. Should You Get This Card? (Final Verdict)

Pros Summary: Best suited for first-time credit users, students, young professionals and anyone who makes frequent UPI payments and wants a zero-fee card that rewards everyday spends while helping build a credit score.

Final Conclusion: The Slice UPI Credit Card is one of the most accessible and practical lifetime-free credit cards available in India in 2026. It is not the highest-rewarding card for big spenders, but its combination of zero fees, seamless UPI Scan & Pay, Slice-in-3 instalments and genuine cashback on small daily transactions makes it an excellent starter or secondary card. If you already have strong premium cards, this may serve mainly as a convenient UPI credit line. For new-to-credit users, it is highly recommended.

13. Frequently Asked Questions (FAQs)

Q: Can this card be obtained as Lifetime Free?

A: Yes. The Slice UPI Credit Card has ₹0 joining fee and ₹0 annual fee for life with no spend conditions.

Q: How much cashback can I realistically expect?

A: While the card advertises up to 3%, most users earn between 1% and 2% on regular UPI and card spends depending on usage patterns and current offers.

Q: Does the card work on any UPI QR code?

A: Yes. Once linked to a UPI app, you can scan and pay at any merchant QR code using your credit limit just like a normal UPI transaction.

Q: What is “Slice in 3”?

A: It allows you to convert eligible purchases (usually ₹2,000+) into three equal monthly instalments at zero interest and zero processing fee.

Q: Is there a minimum credit score required?

A: No strict minimum is published. The card is designed to be accessible for new-to-credit and thin-file applicants.

Q: What is the forex markup?

A: 0% – there is no foreign currency markup fee on international transactions.

Q: Can I get lounge access with this card?

A: No. The Slice UPI Credit Card does not offer complimentary airport lounge access.

Q: How is cashback credited?

A: Cashback is credited as “monies” within the Slice app and can be used for future spends or adjusted against your account.

Q: What happens if I miss a payment?

A: Late payment fees apply based on the outstanding balance (from ₹0 up to ₹1,300 + GST). Interest will also start accruing on the unpaid amount.

Q: Is a physical card mandatory?

A: No. You get an instant virtual card on approval. A physical card can be ordered if needed (replacement fees may apply in some cases).

14. Expert Help & Next Steps

Still Confused? Not sure if this credit card is the right choice for your spending habits?

₹49 Expert Consultation: Get personalised advice from our credit card experts and apply safely without falling for online fraud.

Book ₹49 Expert Consultation Apply Now Officially →

15. Disclaimer

Financial Disclaimer: The information provided in this article is strictly for educational and informational purposes. Credit card fees, interest rates, and terms & conditions (T&C) are subject to change by respective banks over time. Always check the official website of the relevant bank to review all rules thoroughly before applying for any card. We are not responsible for any financial losses or approved/rejected applications.

Disclaimer & affiliate disclosure: This review is for informational purposes only. Credit card features, fees and offers can change. Always verify details on the official bank website and MITC before applying. Credit Card Path may earn a commission if you apply through links on this page at no extra cost to you. This does not change the price you pay. We are not a bank or RBI-regulated lender.