UPI payments have become an integral part of life for many of us. They are instant, easy, and convenient. Many people use UPI payments for the benefits mentioned above without expecting any rewards. However, what if you could get a 5% cashback for UPI merchant payments? Yes Bank Klick RuPay Credit Card can provide a 5% cashback on merchant UPI payments, complimentary domestic airport lounge access, and a lot more. In this article, we will understand the features and benefits of this card, and whether you should take it.
Overview Table
| Feature | Details |
|---|---|
| Card type | Cashback |
| Reward range | Up to 5% cashback |
| Joining fee | Nil |
| Welcome bonus | NA |
| Renewal fee | Nil |
| Renewal benefit | NA |
| Best for | UPI payments |
| USP | Up to 5% cashback on UPI merchant payments, up to 3 complimentary domestic airport lounge access in a year, and lifetime free |
Fees & Benefits
The Yes Bank Klick RuPay Credit Card is a lifetime free credit card. So, there is no joining or annual renewal fee. There are no joining or annual benefits with this credit card.
Rewards structure
The Yes Bank Klick RuPay Credit Card has the following rewards structure.
| Transaction type | Reward rate |
|---|---|
| Every Rs. 200 non-UPI spends | 2 reward points from Yes Bank |
| Every Rs. 100 spent through Scan & Pay transactions on the Kiwi App | 6 Kiwis (1.5% cashback) |
| Every other Rs. 100 spent through the Kiwi App | 2 Kiwis (0.5% cashback) |
| Kiwi Neon members: Every Rs. 100 spent through Scan & Pay transactions on the Kiwi App | 8 Kiwis (2% cashback) |
| Kiwi Neon members: Every Rs. 100 spent on other online transactions | 2 Kiwis (0.5% cashback) |
The total cashback that a cardholder can earn in a calendar month is capped at 1% of the card’s credit limit.
Milestone rewards for Kiwi Neon members
The Kiwi Neon members can earn additional cashback on achieving the following spend-based milestones in a Neon membership year.
| Milestone spends | Cashback |
|---|---|
| Rs. 50,000 | 3% cashback |
| Rs. 1,00,000 | 4% cashback |
| Rs. 1,50,000 | 5% cashback |
The cashback earned for the above milestone rewards is excluded from the 1% monthly limit capping. Thus, with up to 5% cashback, the card is one of the best scan and pay credit cards in India.
Excluded categories
The following spends are not eligible for rewards and will not be counted for milestone spend calculation.
| Category | Description |
|---|---|
| Agricultural Services | Agricultural Services, Cooperatives |
| Horticulture & Vet | Horticultural, Landscaping, Veterinary Services |
| Business Services | Auto Rentals, Repairs, Paint Shops, Jewellery and Watch Repair Shops |
| Government Services | Tax Payments, Court Costs, Postal Services, Fines |
| Marketing & Advertising | Direct Marketing & Advertising |
| Professional Services | Legal, Accounting, Educational Institutions |
| Retail Services | Auto Dealers, Fuel Stations, Jewellery, Petroleum |
| Transportation | Bridge Fees, Tolls, Misc. Services |
| Utilities | Cable, Telecom, Electricity, Water |
| Miscellaneous | Jewellery Stores, Fuel Dealers, Financial Institutions, Insurance, Real Estate |
Kiwi Neon membership
The Kiwi Neon membership is a paid annual membership. It provides a higher cashback of up to 5% and complimentary airport lounge access based on specified milestone spends. The annual fee for the membership is Rs. 999 + Taxes.
3% cashback on Rs. 50,000 spends milestone
A Kiwi Neon member will earn a higher cashback of 3% on achieving spends of Rs. 50,000 in a membership year.
Suppose a member has spent Rs. 50,000 in a Kiwi Neon membership year as follows:
| Amount spent | Mode | Cashback rate | Cashback amount |
|---|---|---|---|
| Rs. 30,000 | Scan & Pay through the Kiwi App | 2% | Rs. 600 |
| Rs. 20,000 | Online transactions | 0.5% | Rs. 100 |
On achieving the Rs. 50,000 milestone spend, the cardholder is eligible for 3% cashback (Rs. 1,500) on the entire Rs. 50,000. However, the cardholder has already received Rs. 700 cashback (Rs. 600 for Scan & Pay transactions @ 2% + Rs. 100 for online transactions @ 0.5%). So, the customer will receive the remaining Rs. 800 cashback (Rs. 1,500 milestone cashback – Rs. 700 cashback already received) on achieving the Rs. 50,000 milestone.
4% cashback on Rs. 1 lakh spends milestone
A Kiwi Neon member will earn a higher cashback of 4% on achieving spends of Rs. 1,00,000 in a membership year.
Suppose a member has spent Rs. 1,00,000 in a Kiwi Neon membership year as follows:
| Amount spent | Mode | Cashback rate | Cashback amount |
|---|---|---|---|
| Rs. 50,000 | Scan & Pay through the Kiwi App | 2% | Rs. 1,000 |
| Rs. 50,000 | Online transactions | 0.5% | Rs. 250 |
On achieving the Rs. 1,00,000 milestone spend, the cardholder is eligible for 4% cashback (Rs. 4,000) on the entire Rs. 1,00,000. However, the cardholder has already received Rs. 1,250 cashback (Rs. 1,000 for Scan & Pay transactions @ 2% + Rs. 250 for online transactions @ 0.5%). So, the customer will receive the remaining Rs. 2,750 cashback (Rs. 4,000 milestone cashback – Rs. 1,250 cashback already received) on achieving the Rs. 1,00,000 milestone.
In most cases, the customer will first achieve the Rs. 50,000 milestone and then the Rs. 1 lakh milestone spread across multiple transactions. In such cases, the Rs. 4,000 milestone cashback will be calculated as follows:
Rs. 4,000 milestone cashback = Rs. 1,500 milestone cashback already received for Rs. 50,000 spends – 2% cashback already received for Scan & Pay spends between Rs. 50,001 to Rs. 1 lakh – 0.5% cashback already received for online spends between Rs. 50,001 to Rs. 1 lakh.
5% cashback on Rs. 1.5 lakh spends milestone
A Kiwi Neon member will earn a higher cashback of 5% on achieving spends of Rs. 1,50,000 in a membership year.
Suppose a member has spent Rs. 1,50,000 in a Kiwi Neon membership year as follows:
| Amount spent | Mode | Cashback rate | Cashback amount |
|---|---|---|---|
| Rs. 70,000 | Scan & Pay through the Kiwi App | 2% | Rs. 1,400 |
| Rs. 80,000 | Online transactions | 0.5% | Rs. 400 |
On achieving the Rs. 1,50,000 milestone spend, the cardholder is eligible for 5% cashback (Rs. 7,500) on the entire Rs. 1,50,000. However, the cardholder has already received Rs. 1,800 cashback (Rs. 1,400 for Scan & Pay transactions @ 2% + Rs. 400 for online transactions @ 0.5%). So, the customer will receive the remaining Rs. 5,700 cashback (Rs. 7,500 milestone cashback – Rs. 1,800 cashback already received) on achieving the Rs. 1,50,000 milestone.
In most cases, the customer will first achieve the Rs. 50,000 milestone, then the Rs. 1 lakh milestone, and finally the Rs. 1.5 lakhs milestone spread across multiple transactions. In such cases, the Rs. 7,500 milestone cashback will be calculated as follows:
Rs. 7,500 milestone cashback = Rs. 4,000 milestone cashback already received for Rs. 1,00,000 spends – Rs. 1,500 milestone cashback already received for Rs. 50,000 spends – 2% cashback already received for Scan & Pay spends between Rs. 1,00,001 to Rs. 1.5 lakh – 0.5% cashback already received for online spends between Rs. 1,00,001 to Rs. 1.5 lakh.
Thus, with up to 5% cashback, the Yes Bank Klick RuPay Credit Card is one of the best lifetime free credit cards for UPI spends.
How to use on UPI
The Yes Bank Klick RuPay Credit Card is a RuPay card and is designed for UPI payments. It is a 100% virtual or digital-only credit card.
Step-by-Step Guide to Linking the Card to UPI Apps (e.g., PhonePe, GPay, Paytm)
- Download and Register: Ensure you have a UPI app (like PhonePe, Google Pay, or Paytm) installed and registered on your mobile number, which must be the same one linked to your Yes Bank Klick Credit Card.
- Navigate to Payment Methods: Open the UPI app and go to the “Profile” or “Payment Methods” section. Look for an option to add a Bank Account or Credit Card.
- Select RuPay Credit Card on UPI: Choose the option to add a RuPay Credit Card or Link Credit Card to UPI.
- Select Your Bank: From the list of banks, select YES Bank. The app will automatically fetch the Yes Bank Klick RuPay Credit Card linked to your mobile number.
- Set UPI PIN: You will be prompted to set a UPI PIN for your Credit Card. You’ll typically need to use the last six digits of your card number and the expiry date for verification, followed by an OTP sent to your registered mobile number.
- Confirmation: Once the UPI PIN is set, your Yes Bank Klick RuPay Credit Card is successfully linked and ready to be used for UPI “Scan & Pay” merchant payments.
Mini-FAQ: UPI Payments vs. POS Swipes
| Feature | UPI Payment (via Linked RuPay CC) | POS Swipe / Online Transaction (Non-UPI) |
|---|---|---|
| Accepted by | Merchants accepting UPI QR codes (P2M). | Merchants with a POS machine or online payment gateways. |
| Card Type | RuPay Credit Card (mandatory for UPI linkage). | RuPay, Visa, or Mastercard. |
| Authentication | UPI PIN (set in the UPI app). | Card PIN/OTP (for physical/online transactions). |
| Key Advantage | Widely accepted by small merchants who only have a QR code. Access to the card’s highest reward rates (up to 5% with Neon). | Used for large purchases and international transactions (if supported). |
Rewards redemption
The rewards are given in the form of Kiwis on spends of every Rs. 100 and its multiples. The value of each Kiwi is Rs. 0.25. The cardholder can place a redemption request, and the equivalent amount is credited to their bank account. The Kiwis for Scan & Pay transactions and online transactions are added to the cardholder’s account in the Kiwi App immediately. A minimum of 500 Kiwis is required for redemption. Any additional Kiwis can be redeemed in multiples of 500 Kiwis.
The cardholder gets milestone rewards for achieving milestone spends of Rs. 50,000, Rs. 1 lakh and Rs. 1.5 lakhs. These milestone Kiwis are credited to the cardholder’s Kiwi account after 30 days, on the last day of the subsequent month of achieving the milestone. For example, if a milestone is achieved in January, the milestone rewards will be credited on 28th February.
Additional features
The Kiwi Neon members can unlock complimentary domestic airport lounge access by achieving spend milestones as follows.
| Spend milestone | Lounge access |
|---|---|
| Rs. 50,000 | Unlocks 1 complimentary domestic airport lounge access |
| Rs. 1 lakh | Unlocks 1 complimentary domestic airport lounge access |
| Rs. 1.5 lakhs | Unlocks 1 complimentary domestic airport lounge access |
The above table shows how a Kiwi Neon member can unlock 3 complimentary domestic airport lounge access in a membership year. The lounge access for every milestone spend is credited to the cardholder’s Kiwi account after 30 days, on the last day of the subsequent month of achieving the milestone.
For example, if a milestone is achieved in January, the lounge access will be credited on 28th February. Thus, the Yes Bank Klick RuPay Credit Card is a good credit card for domestic airport lounge access, as it is lifetime free.
The access is provided through a lounge pass, which the cardholder can claim by scanning the boarding pass through the Kiwi App. The lounge pass will have a QR code that must be provided at the lounge along with the boarding pass at the time of lounge entry.
Once the lounge pass is unlocked in the Kiwi App, it will be valid for 6 months from the issuance date.
Fuel surcharge waiver
The card provides a 1% fuel surcharge waiver at petrol pumps.
How to Apply
You can apply for the Yes Bank Klick RuPay Credit Card through the Kiwi App. An important point to note is that this credit card is a 100% virtual or digital-only credit card. It means, no physical credit card will be issued.
Optimal use
For Kiwi Neon members, the Yes Bank Klick RuPay Credit Card provides optimal value for UPI payments of up to Rs. 1.5 lakhs through the Kiwi App. It provides up to 5% cashback, one of the best in the industry for UPI payments. Also, when Kiwi Neon members achieve the milestone spends of Rs. 1.5 lakhs, they unlock 3 complimentary access to domestic airport lounges. These benefits make the Yes Bank Klick RuPay Credit Card one of the best UPI credit cards.
Thus, you can get maximum value from the card by becoming a Kiwi Neon member and using the card for spends of up to Rs. 1.5 lakhs in a membership year. For spends beyond Rs. 1.5 lakhs, the Kiwi Neon member gets 2% cashback on Scan & Pay payments through the Kiwi App.
Tips to Maximise Rewards
To extract the maximum value from your Yes Bank Klick RuPay Credit Card, follow these strategies:
- Get the Kiwi Neon Membership: Since the high rewards (up to 5% cashback) and all 3 complimentary lounge access are locked behind the Kiwi Neon membership (₹999 + Taxes), this is a must-have if you plan to use the card extensively.
- Prioritize Kiwi App Scan & Pay: Use the card primarily for UPI payments via the Kiwi App’s Scan & Pay feature, as this provides the highest base reward rate (2% for Neon members).
- Aim for ₹1.5 Lakh Spends: To unlock the full 5% cashback benefit and all 3 domestic lounge access passes, aim to achieve the ₹1,50,000 eligible spend milestone within your Neon membership year.
- Use for Non-Excluded Categories: Ensure your large UPI spends are on eligible categories, as listed in the “Excluded Categories” section, to be counted towards your milestone spends.
- Utilize the Fuel Surcharge Waiver: Use the card for fuel payments between ₹400 and ₹5,000 to get the 1% fuel surcharge waiver.
Eligibility & Documents
To address searchers looking for the eligibility criteria for the Yes Bank Klick RuPay Credit Card, here are the general requirements:
| Parameter | Details |
|---|---|
| Applicant Age | Minimum of 21 years and maximum of 60 years. |
| Employment Status | Salaried or self-employed individual with a stable source of income. |
| Income Requirement | While specific criteria for the Klick card may vary, the general requirement for Yes Bank Credit Cards is a minimum net monthly income of ₹40,000 (this can vary based on card type and bank policy). |
| KYC Documents (Indicative) | Identity Proof: PAN Card, Aadhaar Card, Passport, or Driving License. Address Proof: Aadhaar Card, Passport, Utility Bills (Electricity, Telephone). Income Proof: Latest Salary Slips, Bank Statements, or Income Tax Returns (ITR). |
Expert Verdict/Conclusion
Most of us have some UPI spends as credit cards are not accepted directly by many small merchants, and even some big merchants due to lack of POS machines. With these merchants, the UPI mode of payment is convenient instead of cash. If your annual UPI spends are higher than Rs. 1.5 lakhs, you may consider taking the Yes Bank Klick RuPay Credit Card. The Kiwi Neon membership has an annual cost of Rs. 999 + Taxes. However, the up to 5% cashback of Rs. 7,500 and 3 complimentary domestic airport lounge access provide much more value than the Neon membership cost.
Frequently Asked Questions (FAQ)
Q1. Is the Yes Bank Klick RuPay Credit Card truly Lifetime Free (LTF)?
A. Yes, the base variant of the Yes Bank Klick RuPay Credit Card is Lifetime Free (₹0 Joining Fee and ₹0 Annual Fee). The enhanced rewards (up to 5% cashback) and lounge access are linked to the optional Kiwi Neon annual paid membership (₹999 + Taxes).
Q2. Does the card offer a fuel surcharge waiver?
A. Yes, the card provides a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 at all petrol pumps across India.
Q3. Can I use this card for online shopping or traditional POS machine swipes?
A. The Yes Bank Klick RuPay Credit Card is a 100% virtual card, meaning no physical card is issued. You can use the card for online transactions (where you enter card details) and for UPI-based Scan & Pay transactions with merchants. It cannot be physically swiped at a POS machine.
Q4. Does the card offer any waiver on the Kiwi Neon membership annual fee?
A. The card does not offer a waiver on the Kiwi Neon membership fee (₹999 + Taxes). The membership is an optional purchase to unlock the higher cashback and lounge benefits.
Q5. How do the UPI rewards on this card compare to using a traditional debit card with UPI?
A. Using a traditional debit card with UPI draws funds directly from your savings account and rarely offers any rewards. The Yes Bank Klick RuPay Credit Card (Credit Card on UPI) allows you to use credit for payments and offers a substantial cashback of up to 5% on those transactions (with Neon membership), making it significantly more rewarding.