KIWI is a financial company that launched a Lifetime Free Virtual Credit Card named Kiwi Credit Card. It is offered in collaboration with Axis Bank, Yes Bank, Rupay, and UPI to provide services to its customers. This credit card allows you to earn up to 5% cashback on UPI spends. The card is designed to reward UPI users, making it ideal for those who frequently use UPI for payments. Combining no annual fees with high-value rewards, it’s a smart choice for everyday use.
The card’s advanced security features, including Chip & Pin technology & real-time transaction monitoring, assure users that their financial information is safe and secure. Users can avail of the Kiwi Neon Membership Program Benefits at just ₹999 annual fee. The card provides cashback on various types of transactions, with 0.5% cashback on online purchases and 2% on Scan & Pay transactions.
Key Highlights of KIWI Credit Card
| Key Highlights | Joining Fee | Nil |
| Annual Fee | Nil | |
| Best Suited For | UPI payments | |
| Secured transaction | Chip & Pin technology & Real-time transaction monitoring | |
| Credit card network type | RuPay | |
| Best Feature | Lifetime free credit card | |
| Known For | Rewards & cashback | |
| Card Type | Virtual credit card (no physical card required) | |
| Secure Transactions | All transactions secured by the kiwi app, certified by NPCI |
Benefits & Features of Kiwi Credit Card
| Benefits | Details |
|---|---|
| Airport Lounge Access | Kiwi credit card provides complimentary airport lounge access to ensure that your journeys are seamless, exciting & memorable (up to 3 airport lounge access in a year) |
| Eligibility for Kiwis | Customers will become eligible for kiwis (as defined below) from their 1st transaction. The transaction to be undertaken by the customer will be in the multiples of ₹50. |
| Kiwi Rewards | Earn 2 Kiwi rewards – The points that the customers will earn will be known as ‘Kiwis’ – These ‘Kiwis’ can be redeemed into their ‘goaxb’ UPI ID linked account at any time – Each ‘Kiwis’ is currently worth ₹0.25/- |
| Cashback | – Users will earn 2X cashback on all transactions – up to 5% cash back on the spending of ₹1.5 lakh annually – 2% cashback on scan & pay transactions through the app, 0.5% cashback on online transactions through any other app |
| Secured Transactions | The Kiwi Rupay Credit Card provides a secure and convenient payment option. The card’s advanced security features, including Chip & Pin technology and real-time transaction monitoring, give users complete assurance that their financial information is completely safe. |
| Other Features | – Lifetime free card with no hidden charges – No minimum spending requirements – Virtual Credit Card for making UPI payments via QR code – One of the most rewarding UPI Credit Card |
Kiwi Neon Membership Program Benefits
The Kiwi Neon is an annual subscription program currently available only for select users that allows multiple benefits when the customer uses the Kiwi app for UPI transactions. The annual Fee of the Kiwi Neon subscription is kept at ₹999. This fee amount is waived for users who are issued a credit card via the Kiwi app between 1st Jul 2024 – 31st Dec 2024, provided such customers subscribe to the offer within 15 days of linking their Credit Card to Kiwi UPI. Offer details are as below:
For credit cards issued via the Kiwi app:
– 5% cashback on spends of Rs. 1,50,000 on this credit card:
- Base Earn: 0.5% cashback on collect+ intent; 2% cashback on scan & pay on large merchants
- Milestone 1: 3% cashback on achieving eligible spends of ₹50,000 (incl. Base) + 1 lounge access
- Milestone 2: 4% cashback on achieving eligible spends of ₹1,00,000 (incl. Base) + 1 lounge access
- Milestone 3: 5% cashback on achieving eligible spends of ₹1,50,000 (incl. Base) + 1 lounge access
- Users have to subscribe to the Kiwi Neon program for offer to apply. Else, customers will earn rewards as per the regular Kiwi rewards program
- Kiwi reserves the right to waive the fees as determined from time to time, and upon Kiwi’s discretion.
- Milestone spending will be calculated from the date of enrollment to the Kiwi Neon program
- Reward points will be credited after 30 days, on the last day of the subsequent month.
- User is required to accumulate at least 500 Kiwis before redemption, across all rewards program
- Subscription to the Kiwi Neon Program is completely voluntary. Users who choose not to subscribe to the program will continue to earn rewards as per the regular Kiwi rewards program.
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– “Kiwis” on spends
- “Kiwis” are earned on the spending of every ₹50 on this card, i.e. “Kiwis” are calculated on multipliers of ₹50. For illustration, on 2% cashback:
- Transaction of ₹ 75/: 4 “Kiwis” earned
- Transaction of ₹ 100/: 8 “Kiwis” earned
- Transaction of ₹ 175/: 12 “Kiwis” earned
- Every month, customers can earn a maximum of Kiwis equivalent to 1% of the total credit limit on the Kiwi partner credit card
- The above mentioned cap on Kiwi rewards will be reset at the start of every month
Fee and Charges of Kiwi credit card
| Types of Charges | Amount |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Interest Rate/ Finance Charge (Overdue) | 3.6% of a monthly rate 52.86%, annual rate |
| Interest Rate/ Finance Charge (Cash Advance) | 3.6%, monthly rate, and 52.86%, annual rate |
| Late Payment Fee | For statement balance- Charges Balance up to Nil– Up to ₹ 500 ₹500– b/w ₹ 501 – ₹ 5,000 ₹750– b/w ₹ 5,001 – ₹ 10,000 ₹1200– Above ₹ 10,000 |
Eligibility Criteria for Kiwi Credit Card
To be eligible for the Kiwi Credit Card, applicants must meet certain criteria as mentioned below:
| Criteria | Details |
| Age | 25 to 60 years |
| Nationality | Must be Indian |
| Required income | Minimum ₹3 lakh (annually) |
| Occupation | Salaried only |
| CIBIL score | 720+ |
Required Documents
To apply for a Kiwi credit card, the applicant will need to provide the following documents:
Identity proof: A copy of your PAN card or Form 60, or a passport, driving license, voter ID card, or Aadhaar card
Income proof: A recent pay slip, Form 16, or ITR copy
Residence proof: A passport, driving license, voter ID card, or Aadhaar card
How to Avail Kiwi Credit Card
Step 1) Download the Kiwi app for a Rupay Credit Card on the UPI app of your mobile phone.
Step 2) Click on ‘Login’ & provide your registered mobile number (RMN).
Step 3) A one-time password (OTP) will be sent to your mobile number. Enter the OTP.
Step 4) Remember that you will get a waitlist ID.
Step 5) Once the customer has logged in, then he can apply for a virtual Kiwi Credit Card.
FAQs
Can the users link their existing Visa/Mastercard credit card to UPI on the Kiwi app?
No, as per the RBI regulation, only Rupay credit cards are allowed to be linked to UPI for making payments across the UPI ecosystem.
How does Kiwi ensure the data safety of users?
All user’s data is completely safe with Kiwi. They claim to use the best standards to keep users’ data safe. They have partnered with the best institutions in the country like Axis Bank, NPCI, and Experian to enhance user experience and security.
What are Kiwi Rewards and how do I use them?
The Kiwi Rewards program is a feature that awards reward points called “Kiwi” for using Kiwi virtual Credit Card issued by Kiwi in partnership with Axis or Yes Bank. Each Kiwi is worth Rs 0.25 and can be redeemed for users linked ‘GoaXB’ UPI ID account without any time constraint. There is a monthly limit on the Kiwi that users can earn (see Terms for details). Users may not receive Kiwi in case a user’s transactions fail, fall into excluded categories, or have reached the monthly limit.
Can I set my credit card limit on the Kiwi app?
Yes, users are in full control and can set a limit on the amount they wish to spend using their Kiwi Credit Card through the Kiwi app.
Is Kiwi app certified by NPCI?
Yes, the Kiwi app is certified by NPCI.
How to reach the Kiwi Credit Card support team through the mail?
Users can send their queries to the email ID service@gokiwi.in
What are the cashback rates for online transactions done via Kiwi UPI credit card?
Cardholders earn 0.5% cashback on all online transactions made using the KIWI UPI Credit Card.
How can I access airport lounges with the KIWI UPI Rupay Credit Card?
Users can enjoy lounge access after reaching spending milestones of ₹50k, ₹1Lacs, and ₹1.5L in a year.
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