Unlock Huge Rewards with Credit Card UPI Transactions: Here’s How

Credit Card UPI Transactions:
In recent years, UPI (Unified Payments Interface) has revolutionized the way Indians conduct digital transactions. It’s quick, transparent, and easy to use, which is why more and more people are turning to UPI for daily payments. But did you know that you can also use your credit card for UPI transactions and earn rewards, cashback, and other benefits? Let’s dive into how this works and which UPI credit cards offer the most attractive rewards.

What is a Credit Card UPI Transactions ?

Normally, UPI payments are linked to your bank account. However, with the latest innovations, you can now link your credit card to your UPI app as well. When you make a payment, the money is deducted directly from your credit card account, just like it would from a bank account. This opens up a new way to earn rewards like cashback and points, while using your credit card for everyday transactions.

Key Benefits of Credit Card UPI Transactions

1. Earn Cashback & Rewards
Some banks are offering exclusive UPI credit cards that give you up to 5% cashback on your transactions. These rewards can be redeemed for shopping, dining, or even as statement credits.

2. Seamless Payments
You no longer need to worry about carrying cash or making traditional card payments at smaller stores. Simply scan the merchant’s UPI QR code, select the credit card payment option, and enjoy fast and easy transactions.

3. No Need for POS Machines
Many small businesses don’t have the infrastructure for card payments, but with UPI credit cards, they can accept payments through a UPI QR code.

Popular UPI Credit Cards Offering Rewards

Several banks and third-party apps are now offering UPI credit cards that provide attractive rewards:

HDFC Tata New Credit Card
Provides up to 1.5% cashback when linked with UPI payment platforms.

Axis Super Money Credit Card
Offers 3% cashback on all UPI payments made through their dedicated app.

Yes Bank Click Credit Card
Offers rewards up to 5% when used with supported UPI apps like Kiwi.

Things to Keep in Mind

1. Merchant Discount Rate (MDR)
Some merchants may not accept credit card UPI payments due to MDR fees charged by banks and payment networks. This is a small charge that doesn’t apply to regular UPI transactions linked to bank accounts.

2. Virtual Credit Cards
If you already have a Visa or MasterCard credit card, you can request a virtual Rupay credit card from your bank to enable UPI payments.

How to Maximize Your Rewards?

To get the best value from your credit card UPI transactions, consider using specific apps that partner with credit card companies, like Kiwi, to earn higher rewards. Also, keep an eye on special promotions or offers that banks may run.

By linking your credit card to UPI, you not only enjoy the convenience of faster payments but also unlock a world of rewards. So, make the most of your credit card’s capabilities and enjoy the benefits today!

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