RuPay Credit Cards: Important facts to know

  • Published on: 13 Jun 2024
RuPay Credit Cards: Important facts to know

The introduction of the RuPay Credit Card by NPCI (National Payments Corporation of India) shows advancements in India’s digital payments ecosystem. It’s a co-branded credit card that a number of Indian banks issue. 

By offering a wide range of attractive features and benefits, these credit cards have become a preferred choice for cashless transactions. It offers a secure and convenient way of transactions, with benefits like cashback, UPI integration and much more. 

Here’s an overview of how this card works, the benefits it offers and more.

What is a RuPay Credit Card?

If you’re wondering what a RuPay card is, here’s all that you need to know:

  • It is available in different variants, such as RuPay Select, RuPay Classic and RuPay Platinum, each having its own set of features. 
  • Various banks, such as Axis Bank, HDFC Bank, IndusInd Bank, etc., offer these cards.
  • These cards aim to provide a secure and convenient electronic payment solution and reduce reliance on foreign payment systems. 
  • You can apply for these cards by visiting the issuing bank’s portal or its nearest branch.

How a RuPay Card Works?

You can use this card to pay in various modes within seconds. Here’s how:

Online Transactions

  • Choose ‘Credit card’ as the payment option on the app or website.
  • Provide your card details, including the card number, CVV code and the expiration date.

Physical Transactions

  • Swipe or tap the card at the POS terminal of the merchant.
  • Enter the card’s PIN to initiate payments.

UPI Payments

  • Link the card to a preferred UPI app.
  • Scan the merchant’s QR code or enter their UPI ID to pay.

What are the Benefits of Using a RuPay Card?

Here’s why getting this card is a smart choice:

  • You can make payments to millions of merchants online and offline using this card, making them a convenient payment option.
  • These cards have advanced security features like chip and PIN technology, offering adequate security for your funds and personal data. 
  • Many cards offer attractive perks like points, cashback, discounts, complimentary airport lounge access and much more.
  • You can also link your card to a UPI app for seamless payments through UPI UDs and QR codes to enjoy seamless transactions.
  • As RuPay is a domestic payment network, it executes faster transactions.
  • RuPay offers a wide range of co-branded cards with leading banks tailored to meet your varied needs.

How to Apply for a RuPay Credit Card?

Follow these simple steps to get the card:

  • Step 1: Explore various cards with the RuPay payments network that banks offer.
  • Step 2: Choose the card that best fits your needs and spending pattern.
  • Step 3: Verify your eligibility by checking the criteria set by the issuing bank.
  • Step 4: Apply for a RuPay credit card online through the bank’s website or mobile app or visit a bank branch to apply in person.
  • Step 5: Submit the required documents, such as income proof, address proof and PAN card.
  • Step 6: The bank will assess your application and credit history before approving your request.
  • Step 7: Once approved, you will receive your card within a few days.

If you find credit cards with the RuPay network system interesting, consider getting the Fibe Axis Bank Credit Card. You get the benefit of linking this card with UPI for quick and convenient transactions. It also offers up to 3% cashback across various categories, such as entertainment, food delivery and more. 

With this card, you also get to enjoy 4 complimentary airport lounge access in a year at select airports. What’s more? You get a 1% fuel surcharge waiver on your fuel purchases, among other benefits. It’s also easy on your pockets as it comes with zero joining and annual renewal fees. 

To get your hands on the card, install the Fibe App or apply through the website.

FAQs on How Does a RuPay Credit Card Work

Are there any charges for UPI payments made through a RuPay card?

No, you don’t need to pay anything extra for UPI transactions using this card. 

Is it worth taking a RuPay card?

Yes, it’s a smart choice as you enjoy these features and benefits:

  • Quick and easy payments
  • UPI integration facility
  • Secure features
  • Attractive benefits and rewards
  • Wide acceptance online and offline

What is the RuPay credit card limit?

According to the NPCI circular, the limit will be the lowest of these:

  • The limit that the issuer sets
  • The limit that the issuer sets for ‘RuPay Credit Card on UPI’ transactions according to their frameworks regarding risk management
  • The limit that you set, according to the RBI’s circular dated 15 January 2020 regarding ‘Enhancing Security of Card Transactions’

Can we withdraw money from the RuPay credit card?

Yes, this card allows you to withdraw funds from an ATM, depending on the daily withdrawal limit.


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