INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official npci.org.in & rupay.co.in (National Payments Corporation of India) Most Important Terms and Conditions (MITC).

🏛️National Payments Corporation of India (RuPay)Network: RuPayTravel & Aviation CardsLast Verified: 2026-09-28

RuPay Select Credit Card

रुपे सेलेक्ट क्रेडिट कार्ड

Premium wellness and travel card offering ₹10 Lakh accidental cover, free gym and spa passes, health checkups, and international lounge visits.

Annual Fee₹1,500 + GST (Renewal: ₹1,500 + GST)

Reward RateAccelerated reward points on dining, wellness, and travel spends (up to 4X points per ₹100 spent). 2 Reward Points per ₹100 on all other retail transactions.

Airport Lounge2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually). 2 complimentary international airport lounge visits per year across 500+ lounges globally via RuPay partner networks (Discover / Diners Club).

Forex Markup3.00% + GST on foreign currency transactions.

What Is This Card

RuPay Select Credit Card is NPCI's premium wellness, lifestyle, and travel tier created to compete with Visa Signature and Mastercard World. Issued by top banks (SBI, PNB, Union Bank, Bank of Baroda, HDFC), it bundles complimentary annual health checkups, spa sessions, gym passes, 8 domestic + 2 international lounge accesses, and an enhanced ₹10 Lakh accidental insurance cover.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,500 + GST (Renewal: ₹1,500 + GST)

Fee Waiver: Spend ₹2,00,000 or more in each preceding anniversary year to get the annual renewal fee of ₹1,500 waived (varies by issuing bank).

🎁Welcome Benefit

Curated wellness and lifestyle privileges: Complimentary annual health checkup, complimentary gym membership access, and spa session passes credited upon card activation.

⚡Reward Points Structure

Accelerated reward points on dining, wellness, and travel spends (up to 4X points per ₹100 spent). 2 Reward Points per ₹100 on all other retail transactions.

Redemption Value: 1 Reward Point = ₹0.25 against travel vouchers, luxury brand merchandise, or statement credit.

🛫Airport & Railway Lounge Access

2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually). 2 complimentary international airport lounge visits per year across 500+ lounges globally via RuPay partner networks (Discover / Diners Club).

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Comprehensive NPCI Accidental Death and Permanent Total Disability Insurance Cover of ₹10,00,000 (Ten Lakhs). 24/7 dedicated medical and lifestyle concierge.

Fuel Surcharge: 1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹5,000.

🎯Milestone Spends & Grace Period

Milestones: Complimentary rounds of golf (up to 1 per quarter). Complimentary gym/fitness passes (Cult.fit, Gold's Gym). Free spa sessions at premium hotels. Full UPI scan-and-pay capability.

Interest-Free Period: Up to 50 days of interest-free credit from transaction date.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Wellness perks (gym, spa, health checkup) require booking slots through the NPCI RuPay portal and are subject to partner facility availability in major metro cities. Forex markup is 3.00%.

Forex Markup Fee3.00% + GST on foreign currency transactions.

Cash Advance Fee2.5% of withdrawn amount or ₹500 (whichever is higher) + 3.49% monthly finance charges.

Finance Charges (Interest)3.49% per month (41.88% per annum) on revolving balances.

Late Payment SlabsNil for outstanding up to ₹500; tiered late fee from ₹400 to ₹1,300 (+ GST) based on outstanding balance.

Reward Points ExpiryReward points expire 3 years (36 months) from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet top-ups, rent payments, educational institutional fees, and government tax payments.

Eligibility Criteria

Salaried Indian individuals aged 21 to 65 with monthly salary exceeding ₹50,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹6,00,000.

Age Requirement21 to 65 Years

Minimum Income₹50,000/month (Salaried) / ₹6,00,000/year ITR (Self-Employed)

CIBIL Score NoteA credit score of 740+ is standard.

SBI RelationshipIssued by premier partner banks across India.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit issuing bank's credit card portal or open mobile banking app.

2Enter PAN and mobile number for soft eligibility evaluation.

3Select RuPay Select Credit Card from the premium tier.

4Enter employer details and monthly salary.

5Complete online Video KYC session with bank official.

6Card is approved and dispatched via courier within 3 to 5 business days; activate wellness perks on rupay.co.in.

Branch Application for Offline Applicants

Apply at any partner bank branch (SBI, PNB, Union Bank, Bank of Baroda, Canara Bank) with self-attested copies of PAN, Aadhaar, salary slip, and a passport-size photo.

Visit Official Card Page (npci.org.in)Download Official MITC (PDF)

Documents Required

1. PAN Card (statutory requirement)

2. Proof of Identity & Residence: Aadhaar Card, Passport, or Voter ID

3. Proof of Income: Last 3 months' salary slips with Form 16 OR Latest ITR with Computation Sheet

4. Passport-size photograph.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on RuPay Select Credit Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹500; tiered late fee from ₹400 to ₹1,300 (+ GST) based on outstanding balance.. In addition, revolving finance charges at 3.49% per month (41.88% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on RuPay Select Credit Card into EMI?

Yes, National Payments Corporation of India (RuPay) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on RuPay Select Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into National Payments Corporation of India (RuPay)'s official mobile banking application or web portal. 1 Reward Point = ₹0.25 against travel vouchers, luxury brand merchandise, or statement credit. Please note: Reward points expire 3 years (36 months) from the date of accrual.

What is the interest-free grace period on RuPay Select Credit Card and how does it work?

The interest-free period on RuPay Select Credit Card is Up to 50 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.49% per month (41.88% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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