RuPay Credit Card Review: Why It’s a Game-Changer
If you’re looking for a credit card that’s made in India, offers incredible benefits, and is easy to use, RuPay Credit Card should be on your radar. In this detailed review, I’ll take you through everything you need to know about this card, from its benefits and how to apply, to how it stands out in comparison to Visa cards.
Key Takeaways
- RuPay Credit Card is India’s homegrown card network.
- HDFC Bank offers RuPay Credit Cards with multiple rewards.
- You can link your RuPay Credit Card to UPI, enabling cashless payments.
- RuPay Cards offer an interest-free period of up to 50 days.
- RuPay Credit Cards are widely accepted in India and are gaining international presence.
What is a RuPay Credit Card?
RuPay is India’s very own card network, similar to Visa and Mastercard. It was introduced by the National Payments Corporation of India (NPCI) to promote digital transactions in India. RuPay Credit Cards, offered by various banks like HDFC, provide benefits like cashback, rewards, and interest-free credit periods.
Benefits of the RuPay Credit Card
Here are the main reasons why people choose the RuPay Credit Card:
1. Reward Points
With the HDFC RuPay Credit Card, you earn points every time you make a purchase. Whether it’s groceries, dining out, or paying bills, you can accumulate points quickly. These points can be redeemed for various offers.
2. Interest-Free Period
RuPay Credit Cards come with an interest-free period of up to 50 days. This means you can shop or pay bills without any interest, provided you clear your balance in this period.
3. Easy EMI Options
If you make high-value purchases, you don’t need to worry about large credit card bills. The RuPay card offers easy Equated Monthly Instalments (EMI) options, making it easier to pay off your debts.
4. UPI Integration
One of the most attractive features of RuPay Credit Cards is that they can be linked to UPI (Unified Payments Interface). This allows you to make seamless transactions via UPI apps like PayZapp, using your credit card.
5. Domestic and International Use
RuPay Credit Cards are widely accepted across India for both Point of Sale (PoS) and e-commerce transactions. Internationally, they are accepted wherever Discover Financial Services (DFS) is supported.
6. Low Transaction Fees
One of the major advantages of RuPay is its low transaction fees compared to Visa or Mastercard. It’s particularly beneficial for those who shop online or make frequent purchases.
Eligibility Criteria for RuPay Credit Cards
Wondering if you qualify for an HDFC RuPay Credit Card? Here’s what you need:
| Eligibility Criteria | Details |
|---|---|
| Age | 21–60 years (salaried) |
| 21–65 years (self-employed) | |
| Nationality | Indian Nationals |
| Employment Status | Salaried or self-employed |
| Annual Income | Depends on the card type |
HDFC Bank assesses your annual income to determine your credit limit. If you meet these criteria, you can easily apply online.
How to Apply for a RuPay Credit Card
You can apply for the RuPay Credit Card directly through the HDFC Bank website. Here’s a step-by-step guide:
- Visit the official HDFC Bank Credit Card section.
- Choose the RuPay Credit Card option.
- Fill in the required details like your income, employment status, and personal information.
- Submit your documents for verification.
Once approved, the card will be delivered to your doorstep.
RuPay vs Visa Credit Card: Which One is Better?
Now, let’s talk about the elephant in the room: RuPay vs Visa. Many people wonder which one is better. Here’s a quick comparison:
| Feature | RuPay | Visa |
|---|---|---|
| Network | Indian | International |
| Transaction Fees | Low | Moderate to high |
| UPI Integration | Yes | No |
| Interest-Free Period | 50 days | Varies |
| International Acceptance | Limited to DFS-enabled merchants | Globally accepted |
Personal Opinion: If you’re looking for a card with low fees and strong domestic benefits, RuPay is a fantastic choice. For frequent international travelers, Visa may still have the upper hand in global acceptance.
How to Link RuPay Credit Card with UPI
One of the standout features of the RuPay Credit Card is that it can be linked to UPI for payments. Follow these steps to link your card with the PayZapp app:
- Download the PayZapp app from the Google Play Store or Apple App Store.
- Register on the app and log in.
- Go to Accounts & Cards and select Add New.
- Choose RuPay Credit Card.
- Enter your card details and set up your UPI PIN.
Once set up, you can make payments using UPI, just like a debit card.
UPI Transactions with RuPay Credit Card
RuPay Credit Cards are enabled for UPI payments, which is one of the most convenient payment systems today. You can use your HDFC RuPay Credit Card to make UPI payments for the following:
- Online & Offline Shopping: Make payments at retail stores, malls, and e-commerce sites.
- Utility Bills: Pay for services like electricity, water, and internet.
- Food & Dining: Use it at restaurants or for food deliveries.
- Subscription Services: Set up recurring payments for services like Netflix, Spotify, or any other subscription.
- Travel Bookings: Book flights, trains, and buses using UPI linked to your RuPay Credit Card.
- QR Code Payments: Scan and pay using the UPI QR code of the merchant.
However, note that peer-to-peer (P2P) transactions and cash withdrawals at ATMs are not allowed via UPI with a RuPay Credit Card.
Is RuPay Credit Card Accepted Internationally?
Yes, RuPay Credit Cards are accepted internationally, but only at Discover Financial Service (DFS)-enabled merchants. This means that while RuPay is growing globally, its reach isn’t as widespread as Visa or Mastercard.
However, for domestic use, RuPay is widely accepted across India. It works for Point of Sale transactions, ATM withdrawals, and e-commerce purchases.
FAQs
1. How do I apply for a RuPay Credit Card?
You can apply for the card online through the official HDFC Bank website by filling out a simple form.
2. Can I use RuPay Credit Cards for UPI transactions?
Yes, RuPay Credit Cards can be linked with UPI for online and offline purchases.
3. Is RuPay Credit Card accepted internationally?
Yes, but only at DFS-enabled merchants.
4. Can I convert purchases into EMIs with RuPay Credit Card?
Yes, the card offers easy EMI conversion for high-value purchases.
5. What is the interest-free period on a RuPay Credit Card?
You get an interest-free period of up to 50 days.
6. Are there any fees for linking RuPay Credit Card to UPI?
No, there are no charges for linking your RuPay Credit Card to UPI.
7. Can I earn reward points with RuPay Credit Cards?
Yes, you earn reward points on every purchase made through the RuPay Credit Card.
Final Thoughts
The HDFC RuPay Credit Card offers a perfect blend of convenience, low transaction fees, and the ability to link with UPI. It’s a card tailored for those who frequently shop, dine out, or pay bills, and want to earn reward points while enjoying a 50-day interest-free period.
For those who primarily transact within India, the RuPay card offers excellent value. While its international acceptance is limited compared to Visa, it’s catching up fast.
So, if you’re looking for a cost-effective, feature-packed credit card, the RuPay Credit Card is a fantastic option to consider.
