New UPI Payment: Recently, Reserve Bank of India (RBI) has provided the facility to link RuPay Credit Card with UPI. That means Rupay credit card holders can make payment by scanning the QR code. This is expected to bring major changes in the credit card industry.
Till now credit card holders had to swipe the card to make payment. It was not possible to make smaller payments than this. Those merchants who do not have card swipe machines were not able to take card payments, but now they will also be able to take payments through UPI’s QR.
If you already have RuPay card, then here we are telling the process of how to link it with UPI app. If you want to issue RuPay Credit Card, then here we are telling you the options available in the market, offers, fees and other important information…
Process to link Rupay credit card in UPI app
If you do not have UPI app in your phone then download it from Play Store.
- Register by verifying mobile number on UPI app
- After registration, select the option “RuPay Credit Card on UPI.
- Select the credit card you have from the list of credit card issuers.
- Enter the last 6 digits of your credit card and card expiry date.
- Set your 6 digit UPI PIN. Now you will be able to make payment through your Rupay credit card.
Details of cards available in the market
Co-Branded Cards:
1. Axis IOCL RuPay Credit Card
- This card of Axis comes with a joining fee of Rs 500 and an annual fee of Rs 500.
- The annual fee is waived off after spending ₹ 50,000 in a year.
- You get 20 reward points for every ₹100 spent on fuel payment at Indian Oil Terminal.
- 1% surcharge amount is refunded on fuel payments ranging from Rs 200 to Rs 5000.
- You get 5 reward points for every ₹100 spent on online shopping. Minimum transaction is ₹100.
- Any Indian resident and non-resident Indian aged between 18-70 years can get the card issued.
HDFC Rupay Shoppers Stop Credit Card
- This is a life time free credit card, there is no charge for issuing it.
- Supplementary free Shoppers Stop membership is available with this credit card of HDFC.
- You get 6 First Citizen points for every ₹150 spent while shopping at Shoppers Stop.
- Apart from Shoppers Stop, you get 2 Citizen Points for every ₹150 spent at other places.
- You get 2000 First Citizen points on spending ₹ 2 lakh in a year through credit card.
- This card can be issued by any person living in India aged 21-65 years.
Indian Oil HDFC Bank Credit Card
- This HDFC card comes with ₹500 joining and ₹500 annual fee.
- The annual fee is waived off once you spend ₹50,000 in a year.
- This card comes with complimentary Indian Oil IXRP membership.
- You can earn 1 fuel point on every fuel payment of Rs 150 from the card.
- Maximum 100 fuel points can be earned in one billing cycle.
- 1% surcharge amount is refunded on fuel transactions above ₹400.
IRCTC SBI Rupay Credit Card
- This IRCTC card comes with ₹500 joining and ₹300 annual fee.
- 1% surcharge amount is refunded on fuel transactions between ₹500 to ₹3000.
- You get 10% value back on booking tickets through IRCTC website.
- There is a rebate of 1% in the transaction charges applicable on IRCTC website.
- You can access 4 IRCTC Executive Lounges every year through the card.
Uni Carbon Credit Card
- This card comes with ₹499 joining and ₹499 annual fee.
- The annual fee gets waived off after spending ₹ 1 lakh in a year.
- In this, you get 2 reward points on every non-fuel transaction of ₹ 100.
- Personal accident cover of ₹ 10 lakh is available with this card.
- Any person aged 18-60 years living in India can get issued.
Normal Card:
PNB Select Credit Card
- This card comes with ₹1000 joining and ₹0 annual fee.
- You get 300+ reward points on using the card for the first time.
- Personal accident cover is also available on this card of PNB.
- Cashback is available on utility bill and hotel payments.
- You get 2X reward points on making payments in retail business.
Kotak League Rupay Credit Card
- This card comes with ₹499 joining and ₹499 annual fee.
- The annual fee gets waived off after spending ₹ 50 thousand in a year.
- Any Indian between 21 to 65 years of age can issue this card.
- Free 4 PVR movie tickets after spending ₹1.25 lakh every 6 months.
- There is a maximum surcharge refund of ₹3500 at a time on fuel transactions.
IDFC First Power Plus Rupay Select Credit Card
- This card comes with ₹499 joining and ₹499 annual fee.
- The annual fee gets waived off once you spend ₹150,000 in a year.
- No interest on withdrawing cash from ATM. ₹199 withdrawal fee per transaction.
- 25% off (maximum ₹100) is available on booking 2 movie tickets.
- Personal accident cover of ₹2 lakh and last card liability cover of ₹25,000.
- 30 reward points on every ₹150 payment on HPCL Fuel, LPG Utility, Grocery.
IDBI Winning Rupay Select Card
- This card comes with ₹0 joining and ₹899 annual fee.
- The annual fee will be waived off once you spend ₹90,000 in a year.
- Accidental death cover and permanent disability cover of ₹10 lakh is available.
- Any Indian between 18 to 70 years of age can issue this card.
- 2 Delight Points on every ₹100 payment and Double Delight Points in the birthday month.
- Extra 500 Delight Points on completing 5 transactions of ₹1000 in a month.
HDFC Freedom Rupay Credit Card
- This card comes with ₹500 joining and ₹500 annual fee.
- The annual fee will be waived off after spending ₹50,000 in a year.
- Any Indian between 21 to 60 years of age can issue this card.
- 1% surcharge amount is available on fuel transactions ranging from ₹400 to ₹5000.
- 10X Cash Points on every ₹100 payment in Big Basket, Book My Show, Oyo, Swiggy.
Rupay card is from India
RuPay Card was developed by National Payments Corporation of India (NPCI) in 2011. On 8 May 2014, President Pranab Mukherjee dedicated India’s own payment card ‘RuPay’ to the nation. Its objective is to increase the payment system in the country. All major banks of the country issue RuPay debit cards and credit cards.
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