Zagg Rupay Credit Card

About Zagg Rupay Credit Card

Are you still using your debit card for UPI payments and getting nothing in return? The Zagg Rupay Credit Card is designed to change that. Every time you scan a QR code or shop online, you can earn rewards that actually add up, all without paying a single rupee in annual fees.

This card is a straightforward financial tool that fits right into your digital wallet. It offers a clear value proposition: zero joining fees and zero annual charges. If you spend around ₹15,000 to ₹20,000 monthly on routine expenses, this card could help you save significantly through its Rio Coins reward system. Since it runs on the RuPay network, you can link it directly to your favorite UPI apps like BHIM, PhonePe, or Google Pay.

Built specifically for early-career professionals earning ₹25,000 per month or small business owners, the Zagg Rupay Credit Card bridges the gap between basic banking and premium perks. It does not complicate your life with heavy paperwork or high maintenance costs.

What sets it apart:

• ✓ Lifetime Free Benefit: Unlike many competitors that charge ₹499 or more, this card has a ₹0 joining and ₹0 annual fee structure.
• ✓ UPI Integration: Being a RuPay card, it allows you to make credit-based payments at local kirana stores via UPI QR codes.
• ✓ Quarterly Lounge Access: You get complimentary domestic airport lounge visits when you meet a specific spend milestone, a feature often missing in entry-level cards.

Quick check: To qualify for this card, you should be between 21 and 60 years old. Salaried individuals need a monthly income of at least ₹25,000, while self-employed applicants should have an annual income of ₹7.5 LPA. A credit score (CRIF) of 720 or higher will make your application process much smoother.

Let's break down why this card might be the smartest addition to your pocket this year:

Key Benefits and Features of the Zagg Rupay Credit Card

The Zagg Rupay Credit Card focuses on providing value where you spend the most. From your daily commute to your weekend coffee runs, here is how the card works for you.

Rewarding Your Every Move

The card uses a reward currency called Rio Coins. For every eligible transaction, you accumulate these coins which can later be converted into real value. The conversion rate is simple: 1 Rio Coin equals ₹0.25. This means your rewards have a tangible monetary value that you can track easily.

You can choose how you want to use your earnings. The redemption options include a variety of vouchers, special offers, and discounts through the Yes Bank rewards portal. If you prefer keeping things simple, you can also opt for a direct statement credit, which effectively reduces your next month's bill.

Important Note: To start earning these rewards, you must activate your card by making a minimum transaction of ₹100 within the first 30 days of receiving it. If you miss this window, you won't be eligible for the reward points system.

Travel and Lifestyle Perks

While this is an entry-level card, it doesn't shy away from luxury. You can access complimentary domestic airport lounges once every calendar quarter. However, there is a catch: you need to have spent at least ₹50,000 in the previous calendar quarter to qualify for this benefit. This makes the card ideal for those who have consistent monthly spends of at least ₹17,000.

Fuel Surcharge Waiver

If you drive to work, the fuel surcharge waiver is a small but steady way to save. The Zagg Rupay Credit Card offers a 1% fuel surcharge waiver at gas stations across India. This benefit is capped at ₹250 per statement cycle, which covers a significant amount of fuel spending for a typical hatchback or sedan owner.

Zero Cost Ownership

One of the most attractive features is the fee structure. There is no joining fee and no annual fee. You don't have to worry about spending a specific amount every year just to "waive off" the fee. It is truly a lifetime free card, which is rare for cards offering lounge access.

Spending Exclusions

To maximize your benefits, you need to know what doesn't earn rewards. The following categories are excluded from earning Rio Coins:

• Cash withdrawals and EMI transactions.
• Wallet loading and jewellery purchases.
• Government-related payments and toll taxes.
• Insurance premiums and utility bills.
• Charity donations and gambling transactions.

Eligibility Criteria for the Zagg Rupay Credit Card

Before you hit the apply button, ensure you meet the following requirements to increase your chances of approval:

• Age: You must be between 21 and 60 years of age. This applies to both salaried and self-employed individuals.
• Income for Salaried: A minimum monthly income of ₹25,000 (roughly 3 LPA) is required.
• Income for Self-Employed: Business owners or freelancers need to show an annual income of at least 7.5 LPA.
• Credit History: The bank looks for a CRIF or CIBIL score of 720 or above. If you have never had a loan or credit card before, the bank may evaluate your application based on your existing banking relationship.
• Employment: Both salaried professionals and self-employed individuals are welcome to apply.

How to Apply for the Zagg Rupay Credit Card

The application process is designed to be digital and straightforward. Follow these steps to get started:

1. Visit the official application portal or the bank's website.
2. Enter your mobile number and verify it using the OTP sent to you.
3. Fill in your personal details, including your full name, PAN card number, and current residential address.
4. Step 4: Ensure you meet the minimum income of ₹25,000 per month before proceeding to the professional details section.
5. Select your employment type (Salaried or Self-Employed) and provide your office address or business details.
6. Submit your digital application. You may be asked to complete a Video KYC (Know Your Customer) process, which requires you to show your original PAN card over a video call.
7. Once the verification is successful and your credit score is checked, the bank will process your application.

Digital applications are processed within 7 to 10 working days, though physical verification may extend this timeline to 14 days depending on your location.

Credit Limit: What to Expect

Credit limits are assigned based on your income, credit score, and banking relationship. The bank determines your specific limit during the underwriting process by calculating your debt-to-income ratio.

For an entry-level card like this, the starting credit limit ranges from ₹30,000 to ₹1,00,000. If you maintain a good repayment record and use the card frequently, you can request a limit increase after 6 to 12 months of usage. The bank also performs periodic reviews to offer automatic limit enhancements to disciplined users.

Comparison Table: Zagg Rupay vs. Competitors

To understand where the Zagg Rupay Credit Card stands, let's compare it with other popular entry-level RuPay cards in the Indian market.

The Zagg Rupay Credit Card is the clear winner if you want a card that costs nothing to hold but still offers premium perks like lounge access. While the Tata Neu Plus is better for those who shop at BigBasket or Croma, the Zagg card is a more versatile "everyday" card because it doesn't force you into a specific ecosystem.

Documents Required for Zagg Rupay Credit Card Application

You'll need to submit the following documents when applying:

For Salaried Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, or Voter ID.
• Address Proof: Aadhaar Card, Utility Bills (not older than 2 months), or Rent Agreement.
• Income Proof: Latest 3 months' salary slips and 6 months' bank statements showing salary credits.
• Employment Proof: Office ID card or an official email verification.

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, or Driving License.
• Address Proof: Aadhaar Card, Passport, or Property Documents.
• Income Proof: Latest 2 years' ITR (Income Tax Returns) with a computation of income.
• Business Proof: GST registration certificate, Shop Act License, or Business PAN.

Note: All documents must be self-attested. The bank may request additional documents during verification depending on your profile.

Who Should Get This Card?

Should you get this card? Here is who benefits most from the Zagg Rupay Credit Card:

The Digital Native: You are someone who rarely carries a physical wallet. You pay for everything from your morning tea to your auto-rickshaw rides using UPI. Since this card links to UPI, you can earn rewards on those small ₹50 to ₹100 transactions that usually give you nothing when paid via a bank account.

The Budget Traveler: You earn ₹30,000 monthly and travel home or for vacations twice a year. You don't want to pay ₹3,000 for a premium travel card, but you would love to sit in a lounge during a long layover. By spending your regular monthly budget of ₹17,000 on this card, you easily hit the ₹50,000 quarterly milestone for lounge access.

The First-Time Card Holder: You want to build your credit score but are afraid of hidden fees. Since this card is lifetime free, there is no risk of being charged an annual fee if you forget to use it for a month. It is a safe, "zero-stress" card to start your credit journey.

You might want to skip this card if:

• You are a high spender (spending over ₹50,000 monthly) and want a higher reward rate, such as 3% to 5% cashback.
• You want international lounge access, as this card only covers domestic terminals.
• You do most of your shopping on one specific platform like Amazon or Flipkart, where co-branded cards might offer better value.

BankKaro Expert Review

Based on the card's features, the Zagg Rupay Credit Card excels at being a low-barrier, high-utility tool for the average Indian consumer. The biggest draw is undoubtedly the RuPay-UPI combination paired with a lifetime free offer. In a market where most banks are tightening their lounge access policies, seeing a quarterly lounge visit on a zero-fee card is impressive, even with the ₹50,000 spend requirement.

However, the biggest limitation is the reward value. At ₹0.25 per Rio Coin, you are not going to get rich off these rewards. It is a card for "saving a little every day" rather than "earning big for a luxury vacation." Also, the spending exclusions are quite broad, so you won't earn points on your rent or insurance payments, which are usually the biggest monthly expenses for most people.

Our verdict: Choose this card if you want a reliable, no-cost card for UPI payments and occasional airport lounge access. It is the perfect "secondary" card to have in your pocket for daily scans.

Terms and Conditions

Before using your Zagg Rupay Credit Card, please keep these specific terms in mind:

• The bank may offer a different card variant based on your eligibility. Please carefully read the features of the card offered before submitting your application.
• A minimum transaction of Rs.100 within 30 days of card issuance is required to activate the card. If this is not done, you will not be eligible for the Rewards program.
• Reward points (Rio Coins) are not earned on EMI transactions, cash withdrawals, or wallet loads.
• Complimentary lounge access is strictly subject to meeting the spend criteria of ₹50,000 in the previous calendar quarter.
• The official Most Important Terms and Conditions (MITC) document provided with your welcome kit governs all card usage and dispute resolutions.