Kiwi Credit Card: Fees, Rewards & Real Value

Verified against Kiwi (gokiwi.in) (June 2026): Lifetime-free RuPay credit card on UPI, issued in partnership with Yes Bank and AU Small Finance Bank (existing Axis Kiwi cards remain active). Up to 5% cashback on UPI spends — earn up to 20 Kiwis per ₹100 (1 Kiwi = ₹0.25), depending on your Neon subscription milestone. Neon (₹999) unlocks top rewards and 1 domestic lounge visit at each annual spend milestone (₹50k, ₹1L, ₹1.5L) — up to 3/year. Link to any UPI app (PhonePe, GPay, Paytm). No rewards on rent or fuel; minimum 500 Kiwis to redeem; cashback capped by credit limit. Confirm terms in the Kiwi app before applying.

Kiwi Credit Card Review (RuPay on UPI)

Yes Bank / AU SFB · Kiwi app · RuPay · UPI
Our score: 7.5 / 10
Lifetime-free
Up to 5% on UPI
Link to any UPI app
Neon membership

Kiwi is a popular RuPay-credit-card-on-UPI product managed through the Kiwi app and issued by Yes Bank or AU Small Finance Bank. It pays cashback in “Kiwis” on UPI spends and is lifetime-free. Here is the verified review.

TL;DR: A lifetime-free RuPay credit card you use on UPI (link it to PhonePe, GPay or Paytm), earning up to 5% cashback as Kiwis (up to 20 Kiwis per ₹100; 1 Kiwi = ₹0.25) — the top rate depends on the paid Neon membership (₹999), which also unlocks up to 3 lounge visits a year at spend milestones. No rewards on rent or fuel, a 500-Kiwi minimum to redeem, and a cap tied to your credit limit. Strong UPI cashback card for the right spender; the best rate needs Neon.
What we like
  • Lifetime-free RuPay credit card on UPI
  • Up to 5% cashback on UPI spends
  • Link to any UPI app (PhonePe/GPay/Paytm)
  • Neon membership unlocks top rewards + lounges
  • Instant virtual card via the Kiwi app
Watch out for
  • Top 5% rate needs the paid Neon membership (₹999)
  • No rewards on rent or fuel
  • Minimum 500 Kiwis to redeem (1 Kiwi = ₹0.25)
  • Cashback capped by credit limit
  • App-led servicing

Rewards & structure

ItemDetail
FeeLifetime-free (Neon membership ₹999 optional)
UPI cashbackUp to 5% (20 Kiwis per ₹100; 1 Kiwi = ₹0.25)
IssuerYes Bank / AU SFB (Axis Kiwi cards still active)
Lounge (Neon)Up to 3/year at ₹50k/₹1L/₹1.5L milestones
ExcludedRent, fuel
RedemptionMinimum 500 Kiwis

Eligibility & documents

Apply via

Kiwi app

Fee

Lifetime-free (Neon optional)

Network

RuPay (UPI-linkable)

Best for

UPI-first cashback users

Recommended CIBIL

~720+

Documents

PAN, Aadhaar (in-app KYC)

Who this card is for

  • Best fit: UPI-first spenders who want cashback on scan-and-pay and will use Neon for top rates.
  • Skip if: you spend mostly on rent/fuel (excluded) or prefer non-app servicing.

How to apply & how to cancel

Apply: via the Kiwi app (Yes Bank/AU SFB). Cancel: request closure in-app after clearing dues; redeem Kiwis first.

Final verdict

Kiwi is one of the better UPI-credit-card options — lifetime-free, up to 5% cashback on scan-and-pay, and link-to-any-UPI-app convenience. The top rate and lounges hinge on the paid Neon membership, and rent/fuel are excluded; for UPI-first spenders who optimise it, it’s strong value.

Frequently asked questions

Who issues the Kiwi card?

Yes Bank and AU Small Finance Bank (existing Axis Kiwi cards remain active). It’s a RuPay credit card managed via the Kiwi app.

How much cashback does it give?

Up to 5% on UPI spends (up to 20 Kiwis per ₹100; 1 Kiwi = ₹0.25), with the top rate tied to the Neon membership.

Is it free?

The card is lifetime-free; the optional Neon membership (₹999) unlocks top rewards and lounge visits.

What’s excluded?

No rewards on rent or fuel; a minimum of 500 Kiwis is needed to redeem.

Data current as of June 2026, cross-checked against Kiwi and aggregators. Confirm current terms in the Kiwi app before applying.

Leave a Reply

Share your experience with the Kiwi Credit Card

Real cardholder stories help everyone make smarter choices. Tell us about:

  • Approval timeline and credit-line you got
  • Reward redemption — did the math match the marketing?
  • Customer service or app experience
  • Hidden charges, fee waiver triggers that worked or didn't

No login required. Comments are moderated; spam is filtered automatically.

Your email address will not be published. Required fields are marked *