Kiwi RuPay UPI Credit Card

Fees

Waiver: No joining or annual/renewal fee for the life of the card across all reported issuing-bank variants (Yes Bank, AU Small Finance Bank, PNB). Note this is separate from 'Kiwi Neon', an optional paid membership (~₹999 + GST/year) that upgrades the cashback rate and unlocks lounge access — the base card itself stays free even if Neon is never activated.

Rewards

Perks

• ✓Domestic lounge access: 3/yrNot available on the base free card. Requires an active Kiwi Neon membership (~₹999 + GST/year). Neon members unlock one complimentary domestic lounge visit at each of three annual Kiwi-app-tracked spend milestones (₹50,000 / ₹1,00,000 / ₹1,50,000), for up to 3 visits/year total. Each unlocked pass is valid for 6 months from the date it appears in the app, admits one person, and is capped at a 2-hour stay; passes are claimed in-app by scanning a boarding pass and presenting the resulting QR code at the lounge.
• ✓Fuel surcharge waiver: 1%Capped at ₹500/month
• ✓Forex markup: 3.5%
• ✓Kiwi Neon (optional paid membership, ~₹999 + GST/year) raises the base UPI cashback rate from 1.5% to 2%, and layers on milestone-based bonus cashback: reported effective rates of roughly 3% after ₹50,000 in a year's Kiwi-tracked spend, 4% after ₹1,00,000, and 5% after ₹1,50,000, alongside the lounge-access unlocks described above
• ✓Total cashback earning is capped at roughly 1% of the cardholder's assigned credit limit per month on some reported terms; milestone bonus cashback under Neon is reported as excluded from this monthly cap, but this distinction is not confirmed on an official Kiwi/partner-bank T&C page
• ✓No cashback/rewards on fuel, rent, wallet loads, utility bill payments, telecom, jewellery, insurance premiums, education payments, or government payments
• ✓1 Kiwi reward unit = ₹0.25; redemption requires a minimum balance of roughly 500 Kiwis (~₹125), credited directly to the linked bank account rather than as statement credit
• ✓Instant virtual card issuance and full card management (limit, freezing, redemption) happens in the Kiwi mobile app; there is no physical card by default
• ✓No-cost EMI option to split an eligible transaction into 3 interest-free instalments, per the issuer's own marketing
• ✓Reported ~50-day interest-free period and credit limits up to roughly ₹5 lakh on some partner-bank variants; these are single-source figures from an aggregator rather than confirmed on an official bank fee/MITC page, and will vary by which partner bank actually issues the card
• ✓Card is issued by whichever partner bank (Yes Bank, AU Small Finance Bank, or PNB) the applicant is matched with at sign-up, based on location and credit profile; the reward structure, fees, and Neon terms are reported as identical regardless of the issuing bank, but each partner bank runs its own underwriting, so approval odds and exact interest/late-fee schedules can differ by issuing bank