Private sector bank Axis Bank and Flipkart Group’s credit-first UPI platform Super Money on Thursday launched RuPay Credit Card. The credit card is available on India’s global card payment network RuPay, offering great rewards and cashback to customers.
Available digitally and physically, the new RuPay Credit Card can be used through UPI, card POS terminals, online platforms and ATMs. The card offers 3% cashback on ‘Scan & Pay’ transactions done through Super Money app for credit card transactions and 1% cashback on all other spending categories.
Key benefits of the card
- The cardholder can get up to ₹500 cashback every statement cycle.
- This credit card is lifetime free for the customers without any annual fees.
- This card has a 1% fuel surcharge waiver on fuel transactions ranging from ₹400 to ₹4,000, with a maximum waiver of ₹400 per statement cycle.
Credit card usage is on the rise
RBI data shows that there were 5.53 crore cards in circulation in December 2019, while by the end of February 2025, their number more than doubled to around 10.93 crore. This figure reflects the tremendous growth in the use of credit cards in the last few years. Arnika Dixit, President & Head – Cards, Payments and Wealth Management, Axis Bank said that Axis Bank has a complete portfolio of credit cards and we constantly innovate in our service. We are increasing partnerships to meet new customer segments and their changing needs. Today we are happy to introduce a credit card in collaboration with super.money, which makes UPI payments possible through credit card.
