Updated On

Ever since the NPCI announced that RuPay credit cards can be linked to UPI apps, all major banks and card issuers are offering RuPay credit cards to their customers. Axis Bank launched the KWIK RuPay credit card that offers all the benefits and rewardsKiwi mobile app of credit cards, all with the convenience and security of making UPI payments.

The Kwik RuPay credit card is a lifetime free card by Axis Bank without any joining or annual fees. The card can be easily linked to UPI and used to make payments across merchants with QR codes. It also allows you to use your credit card at small merchants in rural and semi-rural areas that don’t accept card payments.

The cardholders get a virtual credit card as soon as they are approved for the KWIK RuPay credit card. You can start making UPI payments via the Kiwi app, and start earning rewards for your spends. Read on to know more about the features and benefits offered by the Axis Bank KWIK RuPay credit card.

Axis Bank Kwik Credit Card feature
(4.5/5)

Joining Fee

Nil

Renewal Fee

Nil

Best Suited For

Shopping |

Reward Type

Reward Points |

Welcome Benefits

NA

Movie & Dining

NA

Rewards Rate

2 EDGE RPs per Rs. 200 spent with the card on domestic and international spends

Reward Redemption

RPs can be redeemed against products, vouchers, flight/hotel tickets, Airmiles, etc.

Travel

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Golf

NA

Insurance Benefits

NA

Spend-Based Waiver

NA

Rewards Redemption Fee

The reward redemption fee is Rs. 49 to redeem 300 to 10,000 RPs, and Rs. 99 if you want to redeem more than 10,000 points.

Rewards Redemption Fee

The reward redemption fee is Rs. 49 to redeem 300 to 10,000 RPs, and Rs. 99 if you want to redeem more than 10,000 points.

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.6% per month and 52.86% per annum.

Fuel Surcharge

1% fuel surcharge waiver on transactions between Rs. 400 to Rs. 4000

Cash Advance Charges

NA

  • Lifetime free credit card without joining or annual fees
  • Receive a virtual card instantly on the Kiwi mobile app after getting approved
  • Easily activate the card and set up UPI PIN to make UPI transactions
  • 2 EDGE RPs per Rs. 200 spent on domestic and international spends
  • 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4000

Pros

  • This is a lifetime free credit card.
  • Receive your virtual credit card instantly.

Cons

  • There is no international or domestic lounge access provided with the Axis Bank KWIK Rupay Credit Card

Axis Bank Kwik RuPay Credit Card – Features and Benefits

The following are the features and benefits offered by the Axis Bank Kwik credit card –

Seamless UPI Transactions

You can get double benefits with the credit card as you can use it for UPI transactions and get reward points and other benefits for your spends. You will need to download the Kiwi mobile app on your smartphone to apply for the KWIK credit card.

Once you are approved, you will instantly get the virtual card on your app and can link it to UPI, and set up your PIN.

Virtual Experience

There is no need to wait for a physical card as you will get a virtual version of the card as soon as you are approved for it. You just need to open the Kiwi app to activate your card, link it with UPI, set up your UPI pin, and start using your card for UPI merchant and other payments.

Easy to Activate

You can easily activate the Axis Bank KWIK credit card in one out of the two following two options –

You can open the KWIK app or any other UPI app to link your credit card by setting up the UPI PIN.

Otherwise, you can login to the Axis Bank mobile app or Internet Banking. Head over to Credit Card and unbox your KWIK card with the activation coed that you received with the welcome letter. Next, you can enter the UPI PIN and manage the usage setting and limits on the card, as per your needs.

Reward Rate

You earn 2 EDGE reward points per Rs. 200 spent with the card on international and domestic spends.

Exclusions on reward points include –

  • Wallet reloads
  • Rental payments
  • Cash withdrawals
  • Fuel spends
  • Jewelry
  • Government services
  • Education
  • EMI transactions
  • UPI transactions of less than Rs. 2000

The reward points earned by the cardholder for their spends are credited within 7 working days to the cardholder’s EDGE Rewards account.

Reward Redemption

The reward points earned by you on the KWIK credit card can be redeemed against a host of different choices at the Edge Reward portal. You can redeem points against products/gift vouchers, flight and hotel bookings, converted to Airmiles, etc.

You have to pay a reward redemption fee of Rs. 49 plus taxes on redeeming 300 to 10,000 Points, and Rs. 99 plus taxes on redeeming more than 10,000 points.

Fuel Surcharge Waiver

Get 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4000, with the maximum benefit capped at Rs. 150 per month.

Axis Bank Kwik Credit Card – Fees and Charges

The following are the fees and charges associated with the Axis Bank KWIK credit card –

  • The Kwik RuPay credit card is lifetime free and does not charge any joining or annual fee from the cardholder.
  • The interest rate on the card is 3.6% per month and 52.86% per annum.
  • The reward redemption fee is Rs. 49 to redeem 300 to 10,000 RPs, and Rs. 99 if you want to redeem more than 10,000 points.
  • The forex markup fee on the card is 3.5% of the total transaction amount
  • The card has a rent transaction fee of 1% of the amount, capped at Rs. 1500 per transaction.

How to Apply for the Axis Bank Kwik Credit Card

Follow these steps to apply for the Kwik credit card –

  • Download the Kiwi mobile app from the Google Play Store or Apple App Store
  • Open the app and select the Apply for Axis Bank Kwik Credit Card button
  • Enter all the details required for the application along with the documents and submit them
  • You can check the application status and final decision regarding your application directly from the application
  • After you are approved by the bank, you instantly receive a virtual card on the Kwik application. Next, you need to link it with UPI, set up your UPI PIN, and you can start using the card for UPI transactions.

Eligibility Criteria/Documents Required for Axis Bank Kwik Credit Card

You must meet the following eligibility requirements in order to apply for the Axis Bank Kwik credit card –

  • The applicant must be at least 18 to 70 years of age
  • The applicant must be an Indian citizen
  • The applicant must have a stable income source and decent credit score

When applying for the Kwik credit card, the applicant must provide the following documents –

ID Proof – Aadhar Card, PAN Card, Driver’s License, Passport, etc.

Address Proof – Aadhar Card, Rent Agreement, Ration Card, Passport, Latest Utility Bills, etc.

Income Proof – Salaried individuals need to provide their latest salary slips and bank statements. Self-employed individuals need to provide their audited ITR of the previous year.

Axis Bank Kwik Credit Card Review

The Axis Bank Kwik RuPay credit card is an excellent offering by the bank as it is a lifetime free variant and can be linked to UPI apps for convenient transactions. You just need to download the Kiwi app on your smartphone, and you can apply for the card from there. You get a virtual card as soon as you are approved, and you can further activate the card, set up your UPI PIN, and start using it.

The best part is that you can enjoy all the privileges of the credit card, earn rewards for your spends, and everything, along with the convenience of making UPI transactions. The card is lifetime free and is not packed with any travel, dining, or other features, but still, it has a great reward rate and offers the convenience of UPI payments. You can use the card even at small and rural-area merchants who can’t accept card payments but have merchant QR codes.

Let us know in the comments section about your thoughts on the Axis Bank Kwik RuPay credit card and if you plan on getting this card for yourself.

FAQs:

There is no annual or joining fee for the Axis Bank KWIK RuPay Credit Card as it is a lifetime free card.
No, you won't get any international or domestic lounge access with the Axis Bank KWIK RuPay Credit Card.
Axis Bank Kwik Credit Card feature

Axis Bank KWIK RuPay Credit Card

(4.5/5)

1 Comment

  1. Abhi Reply

    Great post! I’m considering getting the Axis Bank KWIK RuPay Credit Card for its flexible rewards program and attractive benefits.

Write A Comment

Cards added

Compare Cards
HDFC Bank Diners Club Privilege Credit Card

Rewards Rate 4 Reward Points on every Rs 150 spent and up to 10x RPs on Smartbuy spends.

Apply Now
American Express Platinum Reserve Credit Card

Rewards Rate 1 Membership Reward Point for every Rs. 50 spent with the card except for spends on fuel, utilities, insurance, cash transactions, and EMI conversion at Point of Sale.

Apply Now