UPI: Using UPI (Unified Payments Interface) for payments is one of the quickest and simplest ways to transact in India right now. With this cool new feature, you can link your credit card to UPI and rack up rewards, cashback, or air miles with every UPI payment. This is a great perk for RuPay credit card users, who can utilize their credit cards on UPI apps like Google Pay, PhonePe, and Paytm.
How to link your card?
To link your credit card to your UPI ID, just use your bank’s mobile app or any UPI-enabled app. After that, you can pay bills, shop online, or send money to friends using your credit card via UPI, while UPI takes care of the transaction. Each time you make a transaction, you’ll earn reward points, cashback, or miles, depending on your card.
Rewards, benefits, and security
When you make payments with your UPI credit card, rewards usually come from your card’s points system, making your everyday purchases more rewarding. UPI payments are secured with an in-app PIN or OTP, so you don’t have to share your card number. Plus, you can easily access a record of all your transactions.
Keep in mind that rewards policies can differ from card to card and bank to bank, so it’s a good idea to check your card to see what transactions earn you rewards and how much. Some cards even give extra rewards for regular bill payments. UPI credit cards have a daily transaction limit of Rs 1 lakh, which might be lower for new UPI users.
Remember to pay off your credit card balance on time to avoid higher interest charges. Now you can make your everyday spending more rewarding by linking your credit card to UPI payments. This feature offers a secure, simple, and rewarding payment experience.
