Best RuPay credit card: Your pathway to a premium lifestyle

RuPay credit cards offer distinct advantages over others. The key benefit being the ability to link them with UPI apps and make UPI payments on credit. Not surprisingly, RuPay credit cards have become quite a phenomenon in India lately. Let’s explore RuPay credit cards in detail and which is the best RuPay credit card for new credit card users.

What is a RuPay credit card?
 

A RuPay credit card is issued by banks and financial institutions, and it uses the RuPay payment network. What makes it unique is the ability to use them for UPI payments. RuPay credit cards are the only ones that allow UPI payments. This benefits the cardholder in two main ways -

1. Seamless UPI payments
2. Cashback on UPI transactions

Other benefits of these cards include the following -

1. Low fees
2. Exclusive cashback and discounts
3. Access to premium services and more

There are various options available on the market for RuPay credit cards. However, if you are a new credit card user, like a student or a fresh graduate, you might not have the credit history to get a RuPay credit card. This is where the FIRST EA₹N Credit Card by IDFC FIRST Bank comes into the picture. It is one of the best RuPay credit cards in India, more so because it’s accessible to anyone. Additionally, it offers assured cashback on every purchase.

What is the FIRST EA₹N Credit Card?
 

The FIRST EA₹N Credit Card is a secured credit card issued against a fixed deposit (FD). You can apply for one with a minimum FD of just ₹5,000. The minimum credit limit is 100% of the FD value, allowing easy credit access. You don’t need a credit history to apply for the FIRST EA₹N Credit Card. Just deposit with the bank and get a virtual card against its value.

Benefits of the FIRST EA₹N Credit Card
 

Wondering what makes the FIRST EA₹N Credit Card the best RuPay card? It’s the benefits and perks that the card offers.

1. Convenience

The FIRST EA₹N Credit Card is a virtual credit card, which makes it very convenient to use. There is no risk of theft, loss, or cloning, and your card goes everywhere your smartphone goes.

You can link the card to any UPI app and use it at over 60 million merchants in India. You can scan and pay at shops and even street-side vendors that accept UPI payments.

2. Attractive cashback

The RuPay credit card offers you up to 1% cashback, up to a maximum of ₹500 in a statement cycle. You can enjoy up to 1% cashback on every transaction through the IDFC FIRST Bank Mobile Banking app. On all other UPI apps, you get a 0.5% cashback when you pay with this card. You also get 0.5% cashback on mobile wallet recharges, insurance, and utility bill payments. This helps you save and make every transaction rewarding.

3. Interest on FD

While you enjoy credit access and the other perks of the card, your FD enjoys guaranteed returns. You can earn interest of up to 7% p.a. on your deposits and grow a corpus for your financial goals. What’s more, the returns are fixed and immune against market volatility.

4. Welcome benefit

100% cashback up to ₹500 on your first UPI transaction done within 15 days of card creation through any UPI app. You can also get 5% cashback, up to ₹1,000, on the value of the first EMI transaction done within 30 days of card generation.

5. Lifestyle offers

Enjoy a 25% discount, up to ₹100, on movie tickets booked. Also, enjoy up to 25% discount across 1500+ restaurants across India and make your dining experience cost-effective.

6. EMI conversion facility

You can convert UPI transactions exceeding ₹2,500 into affordable EMIs. This is particularly helpful when you are short of funds or want to fit a big-ticket purchase into your budget.

7. Complimentary insurance coverage

Enjoy financial protection against unforeseen eventualities with complimentary insurance coverage. You get the following coverages under the FIRST EA₹N Credit Card -

a. Lost card liability cover of up to ₹25,000

b. Complimentary roadside assistance worth ₹1399

c.  Personal accident cover of up to ₹2,00,000

8. Building a credit profile

Since the FIRST EA₹N Credit Card is issued without any credit history, it is accessible to new credit card users. With the card, you can establish a credit history, and with regular repayments of the dues, you can build a good credit score. This can help you qualify for more premium credit cards and avail of favourable credit/loan products in the future.

Eligibility criteria to apply for the RuPay credit card
 

To get the FIRST EA₹N Credit Card, you should fulfil the following criteria -

1. Age - 18 years and above
2. Nationality - Indian citizens with a current and permanent residential address
3. FD required - ₹5,000 or more

If you meet these parameters, you can apply online. Just pay the joining fee of ₹499 + GST and get a virtual credit card.

Save on everyday transactions with the best RuPay credit card
 

The FIRST EA₹N Credit Card is the best RuPay card with benefits galore. It makes everyday UPI transactions more rewarding and helps you save, too. The deposit required for the card continues to grow, offering additional returns.

Elevate your transactions with the FIRST EA₹N Credit Card and unlock savings with cashback and discounts.