HDFC Bank UPI RuPay Credit Card
A ₹99 virtual RuPay card for UPI, issued alongside another HDFC Bank credit card, paying CashPoints worth ₹0.25 each: 3 per ₹100 on groceries, dining and PayZapp, 2 per ₹100 on utility bills and 1 per ₹100 elsewhere, each capped at 500 a month. Every figure below is copied from HDFC Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Not on record from an official document: foreign-currency markup. CardWise does not estimate these.
Fees and charges
| Joining fee | ₹99 plus GST Fee schedule |
|---|---|
| Annual fee | ₹99 plus GST Fee schedule |
| Annual fee waiver | On ₹25,000 of spend in the year Fee schedule |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | Not on record |
| Issued as a second, virtual-only card: existing HDFC Bank cardholders apply through MyCards or PayZapp; others apply for a Visa, Mastercard or Diners HDFC Bank card and ask for this card with it. | |
| Reward redemption fee | ₹50 plus GST MITC |
Rewards
Reward points, ₹0.25 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| Groceries, supermarkets (MCC 5411) and dining (MCC 5812, 5814): 3% of spend as CashPoints | 270 points per ₹9,000 Terms | up to 500 points a month Terms |
| Utility bills (MCC 4900 only): 2% of spend as CashPoints | 20 points per ₹1,000 Terms | up to 500 points a month Terms |
| Other spends, card or UPI: 1% of spend as CashPoints | 20 points per ₹2,000 Terms | up to 500 points a month Terms |
The issuer calls the rates 3%, 2% and 1% "CashPoints": that is CashPoints equal to 3%, 2% or 1% of spend, each worth ₹0.25, so the cash value is a quarter of the headline rate.
UPI spends earn at the same rates as card spends. Only transactions of ₹100 or more earn; statement-credit redemption needs at least 2,000 CashPoints.
No rewards on
- Fuel, rent, EMI, insurance, government and education payments, and wallet, gift-card, prepaid-card and voucher loads Terms
Benefits
- Lounges: none on record
Also on this card
Quoted from HDFC Bank; not counted in the net value.
- 3% of spend as CashPoints on all PayZapp transactions, with extra PayZapp CashPoints where offered Terms
- Virtual-only RuPay card that links to any UPI app Product page
Eligibility
The issuer does not publish its criteria on the pages read. Approval is its own decision.
Not published by HDFC Bank in the documents read
- eligibility criteria (the card is issued with another HDFC Bank credit card)
- the foreign-currency markup for this card
- a fuel surcharge waiver (the product page lists "Zero Fuel surcharge" with no terms)
- a welcome benefit
Where HDFC Bank’s documents differ, and what is used
- Cashback redemption fee: the card terms (file dated 27 Mar 2025) say redeeming CashPoints against the statement carries no handling charge; the MITC of 9 Oct 2026 charges Rs. 50 + GST per cashback redemption on all cards except a listed few premium ones. The newer MITC is used.
The quotes behind the figures
32 figures, each copied from an official HDFC Bank document.
Show every quote and source
“Joining/renewal membership fee: ₹99 + applicable taxes.”
“The UPI RuPay credit card charges an annual fee of ₹99/- + Applicable Taxes.”
“Renewal fee waiver: Spend ₹25,000 or more annually before the renewal date and get a renewal fee waiver from the second year onwards.”
“The redemption against the statement balance will be at the rate of 1 CashPoint = 0.25, and can be done via Net Banking login, Phone Banking, or physical redemption form”
“3% CashPoints for 9,000 = 270”
“The Cardholder can earn up to 500 CashPoints under this feature in a calendar month”
“3% Cashpoints on Groceries, SuperMarket, Dining & all PayZapp transactions^”
“Merchant Category Grocery & Super Market Dining PayZapp MCC Code 5411 5812, 5814 All Transactions done through PayZapp App”
“2% CashPoints on Utility Spends for 1,000 = 20”
“The Maximum CashPoints that can be earned under this feature is 500 points per Calendar Month”
“Only 4900 Merchant Category code (MCC) as defined by RuPay Card Network is considered under Utility spends and will be eligible for 2% CashPoints feature.”
“1% CashPoints on other spends for 2,000 = 20”
“1% Cashpoints on other spends (Excluding Rent, Wallet loads, EMI, Fuel, Insurance Payments & Government categories)”
“Note: The above benefits are applicable for both UPI as well as regular credit card spends.”
“o Fuel Spends o Insurance payments o Education and Govt Related Transactions o Rent Payments o Wallet loads / Gift or Prepaid Card load/ Voucher purchase*”
“*Except Fuel, Rent Payments, EMI Spends, Insurance Payments, Govt & Education related transactions and Wallet/ Gift /Prepaid Card loads & Voucher Purchase transactions.”
“Apply for any Visa / Mastercard / Diners credit card from HDFC Bank website as your Primary Credit Card”
“Ask to get an additional UPI RuPay Credit card with your Primary Credit Card”
“Yes, the UPI Rupay credit card comes with a minimal joining fee of ₹99/- + Applicable Taxes.”
“From 2nd year onwards renewal membership fee will be waived off if the customer spends Rs.25,000 in the previous annual year. Only Retail spends shall be considered for this fee waiver.”
“CashPoints as per the product feature will be credited in the form of Cash Back, which can be redeemed by the customer against their statement balance (1 CashPoint = ₹0.25)”
“If the cardholder opts for redemption as CashBack against statement, there will be no redemption handling charges”
“The minimum CashPoints balance required for redemption against the statement balance is 2000 CashPoints or equivalent of 500”
“Note: Transactions >=Rs100 will be eligible for Cashpoints”
“Unredeemed CashPoints will expire/lapse after 2 years of accumulation”
“Zero Fuel surcharge”
“The interest rate for HDFC Bank UPI RuPay Credit Card is 3.6% per month.”
“g. Cashback Redemption Charges: A Processing fee of Rs. 50 + GST will be charged per cashback redemption request.”
“^Additional cashpoints for applicable PayZapp transactions will be credited as PayZapp CashPoints”
“Link your Virtual Credit card to any UPI app for secure and convenient transactions”
“Click on "Apply Now" and get your card issued instantly”
“The HDFC Bank RuPay Credit Card will be issued as Virtual only card and no Physical card will be sent.”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with HDFC Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is HDFC Bank’s own file from its website, unaltered, fetched 2026-10-15. Methodology