Top 5 Rupay Credit Cards in India

Created on 25 Apr 2024

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RuPay, established in 2012, has reached a significant milestone in India's financial landscape. As of December 2023, the number of RuPay credit cards in circulation has surpassed 10 million, which accounts for over 10% of the total credit cards in the country. This rise in popularity among issuers and users is attributed to its increasing influence and appeal within the market. 

In this blog, we will explore what sets RuPay credit cards apart from international credit card giants, the top RuPay credit cards available in India, and the benefits they offer.

What is a RuPay Card?

A RuPay card is an Indian debit or credit card that is part of a domestic payment network launched by the National Payments Corporation of India (NPCI). The name RuPay is derived from the words "rupee" and "payment".

RuPay cards are intended to be an alternative to international payment networks like Visa and Mastercard and offer several benefits, including:

Read about How to link the RuPay Credit Card with UPI?

Top 5 RuPay Credit Cards in India

  1. Indian Oil Axis Bank Credit Card
  2. IDFC First Power Plus RuPay Select Credit Card
  3. Tata Neu Infinity HDFC Bank Credit Card
  4. HDFC MoneyBack+ RuPay Credit Card
  5. Myntra Kotak Credit Card

1. Indian Oil Axis Bank Credit Card

Joining and Annual Fee: ₹500

Category: Fuel Card

Key features:

Know more about the Indian Oil Axis Bank Credit Card.

2. IDFC First Power Plus RuPay Select Credit Card

Joining and Annual Fee: ₹499

Category: Fuel Card

Key features:

Know more about IDFC First Power Plus RuPay Select Credit Card.

3. Tata Neu Infinity HDFC Bank Credit Card

Joining and Annual Fee: ₹1,499

Category: Rewards

Key features:

Know more about Tata Neu Infinity HDFC Bank Credit Card.

4. HDFC MoneyBack+ RuPay Credit Card

Joining and Annual Fee: ₹500

Category: Cashback

Key features:

Know more about HDFC MoneyBack+ RuPay Credit Card.

5. Myntra Kotak Credit Card

Joining and Annual Fee: ₹500

Category: Shopping

Key features:

Know more about Myntra Kotak Credit Card.

Benefits of RuPay Credit Cards

RuPay credit cards offer a number of advantages that make them an attractive option for Indian consumers. Here are some of the key benefits:

  1. Cost-effective: RuPay cards typically come with lower annual fees and transaction charges compared to international payment network cards like Visa and Mastercard. This makes them a more affordable choice for both cardholders and merchants.
  2. Rewards and benefits: Many RuPay cards offer reward programs that allow you to earn points or cashback on your spending. These points can then be redeemed for travel, merchandise, or other rewards. You can also find RuPay cards that come with benefits like airport lounge access, insurance coverage, and discounts on shopping and dining.
  3. UPI integration: A major benefit of RuPay credit cards is their seamless integration with Unified Payments Interface (UPI) apps. This allows you to make contactless payments at stores and online directly using the UPI app linked to your RuPay card.
  4. Security: RuPay cards are equipped with robust security features, such as chip and PIN technology, to protect transactions from fraud.
  5. Wide acceptance: RuPay cards are widely accepted across India at ATMs, point-of-sale terminals, and online merchants.
  6. Government initiative: By choosing a RuPay card, you're supporting a domestic payments network that promotes financial inclusion and a cashless economy in India.
Conclusion

RuPay credit cards are a great way to support the Make in India initiative and enjoy the benefits of a domestic payment network. They offer various features and benefits that suit the different needs and preferences of the cardholders. There is a RuPay credit card for everyone, whether you want to save money on petrol, buy at your favourite retailers, or get points for your purchases.

If you are interested in applying for a RuPay credit card or any other credit card, then you must visit Finology Select and compare the best credit cards in India. You can also check your eligibility, apply online, and get instant approval for your chosen card. So, what are you waiting for? Find, compare and apply for the best RuPay credit card that suits you.