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Axis Bank

Kiwi UPI Credit Card

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Annual Fee

Free

Reward Type

Cashback

Forex

3.5%

Lounge

0 dom · 0 intl

Full Spec Sheet

Normalized · Verified

Fees

Joining FeeFree
Annual FeeFree(waived ≥ ₹0)
Min Monthly Income₹25,000

Rewards

Reward TypeCashback
Base Rate1.5%
Point Value₹1/point

Redemption Values

statement credit1/pt

Travel & Global

Forex Markup3.5%
Domestic LoungeNone
Intl. LoungeNone

India-Specific

RuPay UPI✓ UPI cashback

💡 Fee Waiver Strategy

Card is Lifetime Free.

✓ Lifetime Free Card

This card has no annual or renewal fee — ever. No spend targets needed.

🎯 Pro Tips

  • Use exclusively for offline UPI payments to maximize the 1.5% return.
  • Not ideal for large online purchases where other cards offer 5%.

📊 Spending Scenarios — Real-World Returns

UPI Heavy Spender (₹20k/mo)

Monthly: ₹20,000 · Annual: ₹2,40,000

1.5%
Effective Return
upi: ₹20,000/mo
Annual Rewards Value3,600

1.5% cashback on all offline UPI merchant spends.

🔄 Redemption Pathways — Value per Point

MethodValue
Statement CreditBEST₹1.0/pt

🏷️ Best For

shoppingcashback