Top Utkarsh Small Finance Bank Credit Cards
Utkarsh Small Finance Bank offers four credit card options, one of which is the co-branded superCard with super.money. Here is a list of the best credit cards by Utkarsh Small Finance Bank.
- Joining FeeLifetime Free
- Annual FeeLifetime Free
- Best Suited ForUPI
- Rewards TypeCashback
Rewards Rate
5% Cashback at Myntra, 3% Cashback on Cleartrip, and 2% Cashback on Flipkart. 1% Cashback on All UPI and Non-UPI Transactions
Welcome Benefits
None
- Joining FeeNil
- Annual FeeNil
- Best Suited ForShopping | UPI
- Rewards TypeReward Points
Rewards Rate
3% RPs on PhonePe Bill Payments & Recharges. 1% RPs for UPI Payments and Select Online Brands
Welcome Benefits
N/A
- Joining FeeN/A
- Annual Fee₹1,999 + GST
- Best Suited ForShopping
- Rewards TypeCashback
Rewards Rate
1.25% Cashback on Eligible Spends
Welcome Benefits
N/A
- Joining FeeN/A
- Annual Fee₹4,999 + GST
- Best Suited ForTravel | Shopping
- Rewards TypeCashback
Rewards Rate
1.25% Cashback on Eligible Spends
Welcome Benefits
N/A
- Joining FeeN/A
- Annual Fee₹199 + GST
- Best Suited ForShopping
- Rewards TypeCashback
Rewards Rate
1% Cashback on Eligible Spends
Welcome Benefits
N/A
About Utkarsh Small Finance Bank Credit Cards
- superCard Co-Branded Credit Card – The superCard is a collaboration between Flipkart’s super.money and Utkarsh Small Finance Bank. This secured credit card is a game-changer, offering limits from ₹90 to ₹90 lakh. It is very affordable, so the masses can easily apply for it. Cardholders will receive 5%, 3%, and 2% cashback on non-UPI spending at Myntra, Cleartrip, and Flipkart, respectively, and 0.5% cashback on all other non-UPI credit card transactions.
- Eternal Credit Card – Enjoy an interest-free credit period of upto 50 days, along with cashback on spending with the Utkarsh Bank Eternal Credit Card. The card comes free for the first year and charges ₹1,999 from the second year onwards. Those with a Utkarsh Bank savings account, current account, fixed deposit, or loan can easily apply for this card. Cardholders shall get 1.25% cashback and a 1% fuel surcharge waiver on all eligible spends.
- Rhodium Credit Card – The Rhodium Credit Card by Utkarsh Small Finance Bank is a premium card with zero joining charges but an annual fee of ₹4,999 from the second year onwards. This card has many benefits and features, like cashback on spending and complimentary airport lounge access (four times each quarter). It even has a low Forex charge of 3% and offers up to 1.25% cashback on eligible spends.
- SmartGen Credit Card – The Utkarsh SmartGen Credit Card is designed for everyday spending. Those above the age of 18 and with savings accounts, current accounts, or fixed deposits with the Utkarsh Bank can use this card without paying a joining fee. It even offers a low annual fee of ₹199, which can be waived by making spends of ₹50,000 or more in a card anniversary year. With the SmartGen Credit Card, customers can get upto 1% cashback on their spending.
Features of Utkarsh Small Finance Bank Credit Cards
Utkarsh Small Finance Credit Cards help you more than just being a credit card. Here are the features of the credit cards offered by the bank
- Secured and Unsecured Options – Utkarsh Small Finance Bank offers two types of credit cards: secured and unsecured. In addition to regular credit cards, the bank provides credit card options backed by fixed deposits. These secured credit card options have a lower interest rate than unsecured ones. For instance, the interest rate for an unsecured Utkarsh SmartGen Credit Card is up to 3.6% per month (42% annually), and for credit cards backed by FD, it is 2.5% per month (30% annually).
- Cashback – Like all other credit cards, Utkarsh Small Finance Bank credit cards also reward customers for their spending. The SmartGen, Eternal, and Rhodium offer a uniform cashback rate across all eligible merchant categories. At the same time, the superCard Co-branded Credit Card has an accelerated reward rate for partners like Myntra, ClearTrip, and Flipkart.
- Travel Benefits – While the majority of this bank’s cards do not offer travel perks, Rhodium, its premium offering, allows users complimentary access to domestic airport lounges up to four times a quarter, or up to sixteen lounge visits in a year.
Utkarsh Small Finance Bank Credit Cards Rewards
Utkarsh bank credit cards offer users cashback on their eligible spend. However, specific categories do not collect cashback. The categories that do not allow earning cashback include the following-
- Government-related transactions
- Agriculture and contractor services
- Wallet loads, gift or prepaid card loads, and voucher purchases
- Purchases of gold and jewelry
- Insurance, post office transactions, and transit services
- Rent payments
- Cash advances
- All types of EMI transactions
The table below discusses the cashback rate across the different credit card variants from the bank.
| Credit Card Variant |
Cashback Rate |
| SmartGen Credit Card |
1% Cashback on Eligible Spends |
| Eternal Credit Card |
1.25% Cashback on Eligible Spends |
| Rhodium Credit Card |
1.25% Cashback on Eligible Spends |
| superCard Co-Branded Credit Card |
- 5% Cashback at Myntra
- 3% Cashback on Cleartrip
- 2% Cashback on Flipkart
|
Cashback Redemption
Cashback collected with SmartGen, Eternal, and Rhodium credit cards will be applied to the upcoming billing statement. Cashback accumulated with the superCard can be used on the super.money app.
Utkarsh Small Finance Bank Credit Cards Eligibility Criteria
To qualify for SmartGen, Eternal, and Rhodium credit cards, you have to be an Indian resident with an active Savings, Current, Fixed Deposit (FD), or Loan Account with Utkarsh Small Finance Bank. You must be between 21 and 65 years old. Since the card is issued to existing account holders, no additional documents will be required for the application.
To qualify for the superCard Credit Card, you must create a digital fixed deposit using the super.money app and complete the KYC process. Once you have completed these steps, you will receive your virtual superCard instantly. Cardholders will receive a 90% credit limit on the fixed deposit amount.
Bottom Line
Utkarsh Small Finance Bank has established itself in the credit card market, offering diversified options catering to different financial needs. Whether you’re looking for a secured credit card with a high credit limit, a cashback-oriented option, or a travel card, Utkarsh has options for different users. With cashback on every spend, flexible eligibility criteria, and secured card options backed by fixed deposits, these credit cards provide both affordability and value.
The superCard, in partnership with super.money, further expands the bank’s offerings with exclusive benefits for Flipkart, Myntra, and Cleartrip users. It is by far the best offering by the bank. Utkarsh Small Finance Bank credit cards are a great option for those looking to maximize their spending while enjoying competitive perks.
