RuPay Credit Card Benefits: Explore the Benefits to Unlock the Best Savings

By OneCard   |   June 04, 2024

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Imagine opening your credit card provider’s website to explore one specific credit card but getting overwhelmed by the sheer number of options on your screen. For instance, some cards offer massive cashback on shopping, whereas others offer exclusive dining deals. RuPay Credit Card is one of the options available out there that has been making waves ever since its launch in 2017, a large reason being the several benefits of RuPay credit card. Let’s delve into some of them.

RuPay Credit Card – A Primer

Before we explore the benefits of RuPay credit card, let’s first go over what a RuPay credit card really is. India’s domestic payment network, RuPay, derives its name from ‘rupee’ and ‘payment.’ The network provides several options like credit, debit, and prepaid cards.

The brainchild of the National Payments Corporation of India (NPCI), all of these RuPay cards facilitate secure electronic transactions. The idea behind the RuPay network was to promote financial inclusion amidst the dominance of international payment networks like Visa and Mastercard.

Benefits of RuPay Credit Card

Let us go over the several benefits of RuPay credit cards

1. Credit Cards for UPI Payments

The feature is among the most valuable benefits of RuPay credit card and is responsible for driving a surge in new sign-ups. It allows you to link your RuPay card to any UPI app for seamless and secure online payments.

2. Lower Transaction Fees

A merchant who accepts RuPay cards typically has to pay lower transaction fees compared to international networks like Visa and Mastercard. It has a cascading effect as more merchants allow customers to pay using a RuPay card, fueling its universal acceptance as a result.

3. No Maintenance Charges

One of the core benefits of a RuPay credit card is that many carry no joining fee or annual fee, making them popular in a price-sensitive market like India. Furthermore, RuPay credit cards offer affordable interest rates as well.

4. Plethora of Deals

Many of you carefully evaluate the offers provided by issuers when checking out the RuPay Card benefits. So worry not; these credit cards are replete with attractive deals. For example, you can earn cashback and travel deals, among other things.

5. Insurance Coverage

The option of insurance coverage is a rare addition to the benefits of RuPay Card. Some high-end cards offer complimentary insurance coverage for incidents like accidental death, hospitalisation, or lost card liability.

6. Robust Security

There are many advantages to the RuPay credit card, but none more important than its top-notch security features like EMV technology, two-factor authentication (2FA), and SMS alerts. Moreover, a RuPay credit card offers additional security features and tailored rewards programs as part of their efforts to offer customised solutions for Indians.

ALSO READ: Understanding OneCard Rewards Programme

What Can We Use RuPay Credit Cards For?

Now that we have covered the benefits of RuPay Credit Card, let’s find out where you can use these cards effectively.

1. Shopping

Most offline and online platforms in India accept RuPay cards for payments. They often carry handsome rewards like cashback or discounts.

2. Meals

RuPay credit cards let you pay for your meals at several restaurants across the country, as their prominence is on the rise.

3. Bills and Utilities

A RuPay credit card allows you to pay everything from your electricity & internet bills to your mobile phone bills.

4. Travel

It is possible to pay for everything like fuel, tickets to movies, domestic flights, and hotels using your RuPay card.

5. EMI

It is difficult to pay for big-ticket purchases at once so your RuPay card can convert the amount into installments.

6. Perks

Many premium RuPay cards offer perks like insurance coverage and complimentary access to airport lounges.

Opting to get a credit card is a big step in your financial journey. Based on how you use this financial tool, it can unlock several doors for you, including long-term loans with lower interest rates. Not to mention all the everyday advantages such as cashback, reward points, etc. In this blog, we’ve covered all the advantages of a RuPay credit card, which suggests it’s a reliable option to get the best possible deals, regardless if you are a shopper or a traveller. So, what are you waiting for? Go forth and ease your financial situation by opting for a RuPay credit card.

ALSO READ: Learn the Advantages of Credit Cards

**Disclaimer: The information provided in this webpage does not, and is not intended to, constitute any kind of advice; instead, all the information available here is for general informational purposes only. FPL Technologies Private Limited and the author shall not be responsible for any direct/indirect/damages/loss incurred by the reader for making any decision based on the contents and information. Please consult your advisor before making any decision.