# Kotak UPI RuPay Credit Card

Kotak Mahindra Bank · RuPay. lifetime free · 3.5% forex · Flat 3 RP/₹100 on UPI (P2M only) + regular CC txns; 1,000 RP = ₹100.

✓ official · checked 10 July 2026 · Source: https://www.kotak.bank.in/content/dam/Kotak/files/key-fact-statement/KFS-Kotak-UPI-Rupay-CC.pdf

## How it earns (2)

- Flat 3 RP/₹100 on UPI (P2M only) + regular CC txns; 1,000 RP = ₹100 · ✓ official · checked 10 July 2026
- Utilities earn 3 RP/₹100 only on the first ₹35,000 a statement cycle, then no RP and a 1% fee · cap 1,050 points per statement cycle · ✓ official · checked 9 October 2026

## On gift vouchers

- ₹30 back on a ₹10,000 voucher bought direct. · Flat 3 RP/₹100 on UPI (P2M only) + regular CC txns; 1,000 RP = ₹100
- Vouchers for Bharat Petroleum (BPCL), Acko Insurance, BYJU'S, App Store and 24 more brands: nothing.

Worked out on a ₹10,000 voucher with no deal running. Card data current to 21 October 2026.
Every card on vouchers: https://voucher.getbrief.cards/best-cards-for-vouchers

## What earns nothing (2)

- No RP on wallet loads, plus 1% fee above ₹10K/cycle · brand vouchers likely earn base 3 RP/₹100 (the issuer does not address them)
- No RP: rent, fuel, railway, wallet, EMI, education, balance transfer, insurance, govt, gaming

## Fees

- Annual fee: Lifetime free
- Forex markup: 3.5%
- DCC markup: Not published
- Earns: Kotak Reward Points (UPI RuPay) · ₹0.1 a point at baseline

## Dated changes (0)


Every change, dated: https://getbrief.cards/changes

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Fees are before GST. A rate that has aged says so. Brief is not a financial adviser and takes no fee from any bank for the order of this page.

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