Introduction

The fintech revolution has transformed India's credit card landscape, bringing innovative features, minimal paperwork, and lucrative rewards to consumers. Unlike traditional bank cards, these new-age credit cards focus on digital experiences, customizable rewards, and zero annual fees.

In this comprehensive guide, we'll explore the best fintech credit cards in India for 2025, comparing their rewards, benefits, and unique features to help you choose the perfect card for your lifestyle and spending habits.

1. Scapia Federal Bank Credit Card

• Issuer: Federal Bank
• Joining Fee: ₹0
• Annual Fee: ₹0 (Lifetime Free)
• Reward Type: Scapia Coins

Key Benefits:

• Unlimited Domestic Airport Lounge Access (with minimum ₹10,000 monthly spend)
• Zero Forex Markup – Save ₹3,000-₹7,000 per ₹2,00,000 spent internationally
• Generous Rewards Program:
  • 20% back in Scapia Coins on travel bookings via the Scapia app
  • 10% back in Scapia Coins on all eligible transactions
  • 5 Scapia Coins = ₹1 for redemption

The Scapia Federal Bank Credit Card is ideal for frequent international travelers and those who spend heavily on travel bookings. The zero forex markup can save thousands on overseas spending, while the unlimited lounge access adds significant value for frequent flyers.

Exclusions: No rewards on rent payments, wallets, government transactions, fuel, insurance, and utility bills.

2. Jupiter 3-in-1 Switch RuPay Credit Card

• Issuer: CSB Bank
• Joining Fee: ₹0
• Annual Fee: ₹0 (Lifetime Free)
• Reward Type: Cashback

Key Benefits:

• Welcome Offer: ₹250 voucher (Swiggy, Amazon, Flipkart, etc.) after first UPI transaction of ₹2,000+
• Flexible Rewards Program:
  • 2% cashback on UPI spends in selected category (Shopping, Dining, or Travel – changeable every 3 months)
  • 0.4% cashback on other UPI & credit card spends
• Rewards Redemption:
  • Earn Jewels (5 Jewels = ₹1)
  • Redeemable for cash, gold, or vouchers
  • No expiry on Jewels
• Max Monthly Cashback: ₹3,000 (15,000 points)

The Jupiter 3-in-1 Switch Card is perfect for those who frequently use UPI for payments. The ability to change your 2% cashback category every three months allows you to maximize rewards based on your spending patterns throughout the year.

Exclusions: No rewards on fuel, government transactions, rent, utilities, wallet loads, gift cards, cash advances, and EMI transactions.

3. OneCard Metal Credit Card

• Issuer: Federal Bank, BOB, CSB, SBM, Indian Bank, South Indian Bank
• Joining Fee: ₹0
• Annual Fee: ₹0 (Lifetime Free)
• Reward Type: Reward Points

Key Benefits:

• Premium Metal Design – Stylish and durable physical card
• Smart Rewards Program:
  • 1 Point per ₹50 spent on regular purchases
  • 5X Points on top 2 spend categories (recalculated monthly)
  • Fractional Points earned for every small transaction
• Low Forex Markup: Only 1% (compared to standard 3.5% on most cards)
• Secured Card Option: Available against Fixed Deposit (FD) starting at ₹5,000

Other Details:

• Interest Rate: 3.49% per month (41%-42% annually)
• Cash Advance Fee: 2.5% (Minimum ₹300)

The OneCard Metal Credit Card is perfect for consumers who want a premium card experience without paying annual fees. The adaptive rewards system automatically gives you 5X points in your top spending categories, making it effortless to maximize rewards.

4. Kiwi RuPay Credit Card

• Issuer: Yes Bank
• Joining Fee: ₹0
• Annual Fee: ₹0 (Lifetime Free)
• Reward Type: Cashback

Key Benefits:

• Standard Rewards Program:
  • 1% cashback on UPI spends (earned as Kiwis)
  • 2 Kiwis per ₹50 spent on UPI transactions
  • 1 Kiwi = ₹0.25 (redeemable as statement credit)
  • Max cashback: 1% of total credit limit
• Kiwi Neon Subscription:
  • 2% cashback default
  • Milestone Rewards:
    • ₹50,000 spend – 3% cashback + 1 lounge access
    • ₹1,00,000 spend – 4% cashback + 1 lounge access
    • ₹1,50,000+ spend – 5% cashback + lounge access

Who Should Get This Card?
The Kiwi RuPay Credit Card is ideal for UPI spenders who can unlock the tiered rewards structure and get upto 5% cashback on UPI spends.

Exclusions: No cashback on telecom, utilities, rent, fuel, insurance, jewelry, and government transactions.

5. Utkarsh Small Finance Bank Super Money SuperCard

• Issuer: Utkarsh Small Finance Bank
• Joining Fee: ₹0
• Annual Fee: ₹0 (Lifetime Free)
• Reward Type: Cashback

Key Benefits:

• Targeted Cashback on Popular Platforms:
  • 5% on Myntra (Max ₹150/month)
  • 3% on Cleartrip (Max ₹150/month)
  • 2% on Flipkart (Max ₹200/month, ₹100 per transaction)
  • 0.5% on all other non-UPI spends (Max ₹200/month)
• Total Cashback Cap: ₹500 per month
• Secured Card Option:
  • Available against Fixed Deposit (FD) of ₹100+
  • FD earns up to 9.1% interest
• Physical Card: Available for ₹299 fee or with ₹5,000+ FD

The Utkarsh SuperCard is perfect for online shoppers who frequently purchase from Myntra, Flipkart, and Cleartrip. It's also an excellent option for those building their credit history, as the secured card option requires a minimal FD amount.

6.IndusInd Bank Tiger Credit Card

• Issuer: IndusInd Bank
• Joining Fee: ₹0
• Annual Fee: ₹0 (Lifetime Free)
• Reward Type: Reward Points

Key Benefits:

• Premium Lounge Access:
  • 8 Domestic Lounge Access per year
  • 2 International Lounge Access per year via Priority Pass
• Lifestyle Perks:
  • Golf Benefits: 1 free golf game/lesson per quarter (4 per year)
  • Movie Benefits: 2 free movie tickets/year (worth ₹500) via BookMyShow
  • Concierge Services: Travel bookings, event bookings, car rentals, gifts, etc.
• Travel Benefits:
  • Fuel Surcharge Waiver: 1% on transactions between ₹400-₹4,000
  • Low Forex Markup: 1.5% on international transactions
• Tiered Rewards Structure:

1. Till ₹1 Lakh: Earn 1 Reward Point (RP) per ₹100 spent
2. ₹1 Lakh – ₹2.5 Lakh: Earn 2 RPs per ₹100 spent
3. ₹2.5 Lakh – ₹5 Lakh: Earn 4 RPs per ₹100 spent
4. Above ₹5 Lakh: Earn 6 RPs per ₹100 spent
5. Utilities, Insurance, Govt. Services, Education, and Rental: Earn 1 RP per ₹100 spent
6. Fuel Transactions: No rewards earned
7. Exclusions: Accelerated reward points are not earned on fuel transactions, utility bills, government services, insurance premiums, real estate, educational institutions, or rental payments.

Flexible Reward Redemption:

• 1 Point = ₹0.40 cash credit
• 1 Point = 1.2 Airmiles

The IndusInd Bank Tiger Credit Card is ideal for lifestyle enthusiasts who value experiential benefits like lounge access, golf privileges, and movie tickets. It's also great for frequent travelers who can take advantage of the international lounge access and low forex markup.

How to Choose the Right Fintech Credit Card

When selecting a fintech credit card in India, consider these factors:

1. Spending Patterns: Analyze where you spend the most money and choose a card that offers enhanced rewards in those categories.
2. Travel Frequency: If you travel often, prioritize cards with lounge access and low forex markup fees.
3. Reward Structure: Compare how rewards are calculated and redeemed across different cards.
4. Credit Score Requirements: Some fintech cards are more accessible to those with limited credit history.
5. Additional Benefits: Consider lifestyle perks like movie tickets, golf privileges, or concierge services.

Comparison of the Best Fintech Credit Cards in India

Maximizing Your Credit Card Benefits

To get the most from your fintech credit card:

1. Set up autopay to avoid late payment fees and interest charges.
2. Track category spending to ensure you're maximizing rewards in bonus categories.
3. Use companion apps to monitor spending, redeem rewards, and access card features.
4. Stack rewards by using your card through shopping portals or during special promotion periods.
5. Understand exclusions to avoid disappointment when expected rewards don't materialize.

Frequently Asked Questions

What are fintech credit cards?

Fintech credit cards are credit cards issued by financial technology companies or traditional banks in partnership with fintech firms. They typically offer digital-first experiences, innovative features, and often have more accessible eligibility criteria compared to traditional credit cards.

How do fintech credit cards differ from traditional bank credit cards?

Fintech credit cards generally offer a more streamlined application process, instant virtual card issuance, innovative reward structures, and feature-rich mobile apps. They often have zero annual fees and focus on digital experiences rather than branch-based services.

Are fintech credit cards safe to use?

Yes, fintech credit cards are regulated by the Reserve Bank of India (RBI) and typically offer the same security features as traditional credit cards, including encryption, tokenization, and fraud monitoring. Many also offer additional security features like instant card freezing and transaction notifications.

Can I get a fintech credit card with a low credit score?

Yes, many fintech credit cards offer secured options that require a fixed deposit as collateral. Cards like the Utkarsh SuperCard and OneCard have options for those with limited or no credit history.

What is a secured credit card?

A secured credit card requires a fixed deposit (FD) as collateral. Your credit limit is typically a percentage of your FD amount. These cards are easier to qualify for and help build credit history.

Do fintech credit cards offer EMI options?

Yes, most fintech credit cards provide EMI conversion options for large purchases. However, it's important to note that EMI transactions typically don't earn rewards points or cashback.

How can I redeem rewards from fintech credit cards?

Redemption methods vary by card:

• Scapia: Redeem Scapia Coins for statement credit or partner vouchers
• Jupiter: Convert Jewels to cash, gold, or vouchers
• OneCard: Use points for statement credit or partner rewards
• Kiwi: Redeem Kiwis as statement credit
• Utkarsh: Automatic statement credit for cashback
• IndusInd: Convert points to cash, airmiles, or vouchers

Can I use fintech credit cards for international transactions?

Yes, most fintech credit cards work internationally. The Scapia Federal Bank Credit Card is particularly advantageous with zero forex markup, while OneCard (1%) and IndusInd Bank Tiger (1.5%) also offer competitive forex rates compared to traditional cards (3-3.5%).

What happens if I miss a payment on my fintech credit card?

Missing a payment will result in late payment fees and interest charges. It may also negatively impact your credit score. Most fintech cards offer automatic payment options and timely reminders to help avoid missed payments.

Can I increase my credit limit on fintech credit cards?

Yes, most fintech credit cards offer limit increases based on your spending patterns and repayment history. Secured cards like Utkarsh SuperCard allow you to increase your limit by adding to your fixed deposit amount.