Utkarsh Small Finance Bank
Utkarsh Small Finance Bank Eternal Credit Card
- Annual fee
₹1,999 + GST
- Best suited for
Shopping
- Reward type
Cashback
Rewards
- Rewards rate
1.25% Cashback on Eligible Spends
- Reward redemption
Cashback will be Adjusted Against the Next Billing Statement
Fees & charges
- Spend-based waiver
Renewal Fee is Waived if ₹1.5 Lakh is Spent in the Previous Year
- Foreign currency markup
3%
- Interest rates
Up to 3% Per Month (36% Annual Percentage Rate)
- Fuel surcharge waiver
1%
- Cash advance charges
5% or ₹500, Whichever is Higher
Product highlights
- The card is offered as a first-year free credit card.
- Allows users to earn a flat 1.25% cashback on eligible spends
- The annual fee is waived if ₹1.5 lakh or more is spent in the previous year
Pros & cons
Pros
- There is no joining fee; the card is a First-Year Free product.
- The card is also available against a Fixed Deposit.
- Renewal fee is waived on spending ₹1.5 lakh in the last year.
Cons
- No airport lounge access, domestic or international.
- No accelerated rewards program.
- No travel, golf, or any other lifestyle perks are offered.
FAQs
What is the interest rate on the card?
The interest rate for an unsecured Utkarsh Eternal Credit Card is up to 3% per month (36% annually), and for credit cards backed by FD, it is 2.5% per month (30% annually).
What is the cashback with the card?
Cardholders earn a flat 1.25% cash back on all eligible transactions.
What is the network variant available for the Utkarsh Eternal Credit Card?
The Utkarsh Eternal Credit Card is available in Mastercard and RuPay network variants.
What is the late payment fee with the card?
The late payment fee with the card is ₹500.