I usually buy groceries using my Google pay and along with thar any household expenses goes via UPI. Now the Rupay Credit Card works great with UPI only if you are paying for business. It doesn't work when paying money to friends.
PC: Pixabay.com
So when we pay using the UPI, we get rewards point as well as the amount kept in the account yields some interest. Along with that when I pay my Credit Card bill, I get 1% money back as cash back which is again added benefits for me. So overall, it usually saves me around 1.5% of the money every month.
So like I usually buy using the UPI for Rs 10K and thus rewards are around Rs 50 approx, saving in the back account is around Rs 20 and the cash back I will get is around Rs 100. So overall for Rs 10K, I save Rs 160 to Rs 170 I.e. 1.6% to 1.7%.
I know some of the cards might have a great cash back but these cards require you to spend more as well as the joining as well as renewal fee is high. But in case of Rupay Card, the price is almost negligible. Like ij my case I have been using the IDFC Power Rupay Card whose joining and renewing fee is Rs 200 but these are waived of when I spent Rs 25K per year. So yeah, its actually a free card for me.
So a free card as well as a saving of 1.6% is actually a great thing. And that's why Rupay Credit Card is a must for everyone who is actually using the UPI. Because it is a great thing to have. Along with that I love the fact that my account statement doesn't get overcrowded with the frequent UPI payments and thus Credit card takes care of it.
