RuPay is India’s very own initiative for debit and credit card payments where just like Visa and MasterCard, it is a payment network through which banks or credit card issuers can issue debit or credit cards. The RuPay credit card was launched in 2017 and these enable secured payments for purchasing goods and services at merchant locations in India as well as abroad
“In addition to the benefits offered in the form of rewards or cashback, Rupay credit cards will also be enabled for UPI payments, making digital transactions more convenient for cardholders. However, linking credit cards to UPI is an added advantage and should not be the sole deciding factor for card selection. Consumers should consider the overall value-back offered in their preferred spending category before choosing a card. Linking credit cards to UPI certainly makes digital payments easier for the user; however, it could also increase the risk of overspending. Hence, cardholders must monitor their purchases regularly and spend only as much as they can afford to pay back on time,” explains Rohit Chhibbar, Head of Credit Cards Business, Paisabazaar
Given below are the top credit cards available on the Rupay network chosen basis the overall value back they offer in their respective spending category.
(Source: Paisabazaar. All card information is sourced from the card provider’s website as of March 28, 2024.)
Axis Bank
IndianOil Axis Bank Credit Card*
*Some features of Indian Oil Axis Bank Credit Card will be revised, effective 20 April 2024.
Annual Fee
Rs. 500
Best Feature
- 100% cashback up to Rs. 250 on fuel transactions made within 30 days of card issuance
- 20 reward points per Rs. 100 on fuel spends made on IOCL fuel outlets
- 5 reward points per Rs. 100 spent on online shopping
- 1 rewards point per Rs. 100 spent on all other spends
- 1% fuel surcharge waiver on fuel spends between Rs. 200 to Rs. 5,000
- Annual fee waiver on annual spends of Rs. 50,000
- 10% instant discount for movie ticket booking via BookMyshow
- Up to 15% discount on partner restaurants via EazyDiner on minimum order value of Rs. 2,500. Maximum discount up to Rs. 500 per month.
IDFC FIRST BankIDFC First Power Plus Credit Card
Annual Fee
Rs. 499
Best Feature
- Rs. 500 cashback on making the first HPCL fuel transaction
- 5% cashback (up to Rs. 1,000) on the first EMI transaction
- Rs. 150 discount on orders above Rs. 500 on Swiggy
- Rs. 500 discount on ZoomCar rentals
- Up to 50% discount on Eco Rent A Car and Europcar
- Up to 6.5% savings on fuel spends
- 5% savings on Grocery, Utility & IDFC FASTag
- recharge
- 3X rewards on other retail spends
- 1 complimentary domestic lounge access every quarter on annual spends of Rs. 5,000
- 25% off on movies, up to Rs. 100, once every month
- Complimentary roadside assistance worth Rs. 1,399
- Reward points have lifetime validity
- Annual fee waiver on spends of Rs. 1.5 Lakh in an anniversary year.
HDFC BankIRCTC HDFC Bank Credit Card
Annual Fee
Rs. 500
Best Feature
- Welcome gift voucher worth Rs. 500 on card activation and on making the first transaction within 37 days of card issuance
- 5 reward points for every Rs. 100 spent on IRCTC website and Rail Connect App
- 1 reward point for every Rs. 100 spent on retail transactions
- Additional 5% cashback on train ticket bookings via HDFC SmartBuy
- 8 complimentary access to select IRCTC Executive Lounges every year, 2 per quarter
- 1% transaction charges waiver on IRCTC website and Rail Connect App transactions
- Gift vouchers worth Rs. 500 on quarterly spends of Rs. 30,000 or more
- Redeem reward points for 1:1 against train ticket bookings at HDFC SmartBuy
- 1% fuel surcharge waiver across all fuel stations in India
- Annual fee waiver on spending Rs. 1.5 Lakh in an anniversary year
Tata Neu Infinity HDFC Bank Credit Card
Annual Fee
Rs. 1,499
Best Feature
- 5% back as NeuCoins on Tata Neu and partner Tata Brand spends
- (Partner Tata Brands – BigBasket, Croma, Tata 1mg, Air Asia, Tata CliQ, Westside, Taj Hotels, Vivanta Hotels, Ginger Hotels, Qmin, Tata Play, Tata Pay, Cultfit, Curefit, Titan, Tanishq)
- 1.5% back as NeuCoins on other spends and merchant EMI spends
- 1.5% back as NeuCoins on UPI payments
- Additional 5% NeuCoins via NeuPass membership
- Low forex markup fee of 2%
- 8 complimentary domestic lounge access in a year, 2 per quarter
- 4 complimentary international lounge access in a year, 1 per quarter
- 1% fuel surcharge waiver, up to Rs. 500 per statement cycle
- Welcome benefit of 1499 NeuCoins on making the first transaction within 30 days
- Annual fee waiver on spending Rs. 3 Lakh in a year
HDFC MoneyBack+ Credit Card
Annual Fee
Rs. 500
Best Feature
- 10X CashPoints on Amazon, BigBasket , Flipkart, Reliance Smart SuperStore & Swiggy
- 5X CashPoints on EMI spends at merchant locations
- 2 CashPoints per Rs.150 on other spends
- Rs. 500 gift voucher on quarterly spends of Rs. 50,000
- Up to 20% discount on partner restaurants via Swiggy Dineout
- 1% fuel surcharge waiver, up to Rs. 250 per statement cycle
- Bonus 500 CashPoints on payment of joining and renewal fee
- Annual fee waiver on spending Rs. 50,000
- Value of 1 CashPoint = Rs. 0.25 for redemption against product catalogue, Unified SmartBuy (Flights/hotels), Cashback and Airmiles
SBI Card
Yatra SBI Credit Card
Annual Fee
Rs. 499
Best Feature
- Welcome benefit worth Rs. 8,250 via multiple Yatra.com vouchers (2 vouchers worth Rs. 500 each for domestic travel, 2 vouchers worth Rs. 500 each for international travel, 1 voucher worth Rs. 750 for hotel bookings, 1 voucher worth Rs. 1,500 for domestic holidays, 1 voucher worth Rs. 3,000 for international holidays)
- Rs. 1,000 off on domestic flight bookings with minimum transaction value of Rs. 5,000
- Rs. 4,000 off on International flight bookings with min. transaction value of Rs. 40,000
- Flat 20% off (Max Rs. 2,000) on domestic hotel bookings with minimum transaction value of Rs. 3,000
- 6 reward points per Rs. 100 spent on Departmental Stores, Groceries, Dining, Movies, Entertainment and International spends
- 1% Fuel Surcharge Waiver, up to Rs. 100 per month
- Annual fee waiver on spending Rs. 1 Lakh in the previous year
SBI SimplySAVE Credit Card
Annual Fee
Rs. 499
Best Feature
- 2,000 bonus reward points on spending Rs. 2,000 in first 60 days
- 10 reward points per Rs.150 spent on Dining, Movies, Departmental Stores and Grocery Spends
- 1 reward point per Rs. 150 on other spends
- Annual fee waiver on spending Rs. 1 Lakh in a year
- 1% fuel surcharge waiver across all petrol pumps, up to Rs. 100 per statement cycle
