Kiwi is built for one behaviour: paying by UPI. The RuPay card, issued by YES BANK for most new applicants, links to apps like Google Pay, PhonePe and Paytm, and every Scan and Pay transaction earns a flat 1.5% cashback that lands directly in your bank account, not as points or coins. The card is virtual first, lifetime free, and managed entirely in the Kiwi app.
The optional Neon membership at Rs 999 plus GST a year lifts UPI cashback to 2%, and to 5% once your annual spends cross Rs 1.5 lakh, along with 3 lounge accesses. Do the maths on your own UPI volume first: below roughly Rs 50,000 of yearly UPI spends, the free tier is the better deal.
Annual Fee (+ 18% GST)₹0 (Lifetime Free)
Fee WaiverLifetime free card with no joining or annual fee, so no waiver is needed
Joining PerkInstant virtual card on approval, so you can start earning 1.5% cashback on UPI Scan and Pay from your first transaction. No separate welcome spend condition
Primary RewardFlat 1.5% cashback on UPI Scan and Pay transactions, credited directly to your bank account. Kiwi Neon members earn 2%, rising to 5% once annual spends cross Rs 1.5 lakh
Airport Lounge AccessNo lounge access on the free card. Kiwi Neon members get 3 complimentary lounge accesses
Forex MarkupNot published on Kiwi's official product pages. This is a domestic RuPay card designed for UPI payments within India, so treat it as an India use card
RuPay UPIYes — RuPay UPI enabled
Best ForHeavy UPI users who want real cashback in their bank account on everyday QR payments
What We Like
Real cashback in your bank account, not points or coins
1.5% on the UPI payments you already make every day
Neon can lift returns to 5% for very heavy UPI users
Watch Out
The best rates need the paid Neon membership at Rs 999 plus GST a year
Only 0.5% cashback on regular online card spends
Cashback is capped at 1% of your card limit per month
MITC & Hidden Charges
The card is issued by YES BANK (some applicants are issued the AU Small Finance Bank or PNB variant instead). In YES BANK's credit card fee schedule the card appears as the Klick RuPay card with NIL joining and annual fees. Kiwi Neon is an optional membership at Rs 999 plus GST per year. Monthly cashback is capped at 1% of the card limit, as stated by Kiwi. Regular online card spends earn 0.5% cashback, lower than the 1.5% on UPI Scan and Pay. Kiwi does not publish a forex markup for this card.
Last verified against MITC: 21 October 2026
Kiwi RuPay Credit Card FAQs
Is the Kiwi card lifetime free?
Yes. Kiwi's official pages state there are no joining or annual fees, and YES BANK's credit card MITC lists the Klick RuPay card, which is the YES BANK issued Kiwi card, at NIL joining and annual fees.
How much cashback do I earn on UPI payments?
You earn 1.5% on UPI Scan and Pay, credited to your bank account. With the optional Neon membership at Rs 999 plus GST a year, this rises to 2%, and to 5% on annual spends above Rs 1.5 lakh.
Which bank issues the Kiwi card?
Kiwi cards are currently issued with YES BANK, AU Small Finance Bank and PNB depending on your profile and location. This listing covers the YES BANK issued variant.
Alternatives to Consider
Tata Neu Infinity HDFC RuPay
HDFC Bank
The gold standard for RuPay UPI QR payments.
89/100✓ MITC verified
Annual Fee₹1,499 + GST
RewardUp to 10% NeuCoins on Tata Neu App spends (5% base + 5% NeuPass on select categories) + UPI earns 0.5% via any UPI ID and 1.5% via a Tata Neu UPI ID (capped at 500 NeuCoins per month)
Lounge8 domestic + 4 international lounge visits per year; domestic access is milestone-voucher based from 10 Jun 2025 (2 vouchers per quarter, only on ₹50,000 spends in that quarter)