Key features
What this card is built to do — the highlights that actually matter.
1% on Other
1% cashback on UPI and non-UPI spends of ₹100 or more. UPI cashback is paid ONLY on payments made through the super.money app and is capped at ₹500 a statement month (the binding cap encoded here); non-UPI cashback is capped at ₹10,000 a statement month. Cashback expires 2 years after it is earned
Lifetime Free
No annual fee — ever. Keep this card long-term without any recurring cost.
UPI Linked
Pay UPI QR codes from your credit line. What UPI payments earn can depend on the app you pay through, so check the rewards details.
First-time and thin-file users who want a free, easy-approval UPI card to build credit against a small FD, and who will pay through the super.money app — not a high-limit or premium-rewards card.
Full reward structure
What you earn on every rupee, per spend category — as of 28 Sept 2026.
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Other | cashback | 1% | ₹500 |
Other: 1% cashback on UPI and non-UPI spends of ₹100 or more. UPI cashback is paid ONLY on payments made through the super.money app and is capped at ₹500 a statement month (the binding cap encoded here); non-UPI cashback is capped at ₹10,000 a statement month. Cashback expires 2 years after it is earned
Earns nothing on: Government & Tax · Rent · Wallet Loads · Insurance · Utility Bills · Education · Fuel · Cash Advances · EMI Conversions · Gold and jewellery purchases earn no cashback · Gift Cards & Vouchers · Transit · Post office · Agriculture / contractor · UPI outside the super.money app
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 28 Sept 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | Lifetime free |
| Joining fee (incl. 18% GST) | Free |
| Finance charge (APR) | 3.5% p.m. |
| Forex markup | 3.5% |
Should you get it?
- Best for: First-time or thin-file user building a credit score, super.money app user wanting a free UPI card
- Entry tier — great for first-time and lower-spend users.
- Strongest value if you spend heavily on everyday spends (1% back).
Pros & cons
✓ Pros
- Lifetime-free, FD-backed RuPay/UPI card
- Easy approval against a fixed deposit — no credit history needed
- 1% cashback on non-UPI spends, and on UPI paid through the super.money app
- Builds credit while the FD earns interest
✕ Cons
- Secured card — requires a fixed deposit as collateral
- Everyday rate is 1%, with monthly cashback caps
- UPI cashback is paid only on payments made through the super.money app — UPI paid with any other app earns nothing
- From 21 June 2026 a ₹100 plus taxes account maintenance charge applies if you close the account yourself within 12 months of the card being issued, and a physical card costs ₹99 or ₹249 plus taxes unless your deposit is ₹10,000 or more
- App-first card; no lounge or premium perks
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Cashback credited via the super.money app
- 🎁Earn on non-UPI spends and on UPI paid through the super.money app
What your Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Direct cash adjustment — no conversion
It is a secured (FD-backed) card with a modest 1% everyday rate and monthly cashback caps, so treat it as a credit-builder, not a rewards engine.
Frequently asked questions
Can I use the superCard on UPI?
Is the superCard lifetime free?
Is the superCard secured, and who can get it?
Which bank issues the superCard?
How has the super.money superCard (Utkarsh SFB) changed over time?
Has the super.money superCard (Utkarsh SFB) been devalued recently?
When did the super.money superCard (Utkarsh SFB)'s fees last change?
How did the super.money superCard (Utkarsh SFB) change in 2026?
The bottom line
A sensible free, FD-backed UPI card: easy approval against a small deposit, 1% on everyday spends (UPI only when paid through the super.money app), and clean credit reporting. As a secured card the value is in accessibility and credit-building rather than headline rewards.
How this page was built
Counted from this card’s own record: 1 earn rule, 1 of them capped and the spends listed as earning nothing.
Last updated 28 Sept 2026.
Sources & verification
Fees, reward rates, and benefits for the super.money superCard (Utkarsh SFB) are taken from Utkarsh Small Finance Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 28 Sept 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Utkarsh Small Finance Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2024 · last change Jun 2026
2026
- ▼ FeeEffective 21 Jun 2026
Account maintenance charge on closure within 12 months
No account maintenance charge→₹100 + taxes, charged only on a customer-initiated closure within 12 months
From 21 June 2026 Utkarsh applies a year-one account maintenance charge of ₹100 plus taxes. It is waived in every case except a closure you initiate within 12 months of the card being issued, so the card stays free to hold.
Verification: Utkarsh Small Finance Bank ↗ · Confidence: High
- ▼ FeeEffective 21 Jun 2026
Interest rate on unpaid dues raised from 3% to 3.5% a month
3% per month (36% annualised)→3.5% per month (42% annualised)
From 21 June 2026 Utkarsh charges 3.5% a month (42% a year) on unpaid dues, up from 3% (36% a year); cash advances are priced separately. Utkarsh's product page still showed "Up to 3% per month" when checked on 28 September 2026, but the dated MITC and Key Fact Statement govern.
Verification: Utkarsh Small Finance Bank ↗ · Confidence: High
- ▲ FeeEffective 21 May 2026
Cash-advance interest cut from 3% to 2.5% a month
3% a month (36% a year)→2.5% a month (30% a year) on ATM withdrawals and transfers to your bank account
From 21 May 2026 Utkarsh charges 2.5% a month (30% a year) on cash advances, meaning ATM withdrawals and transfers to your bank account, down from 3% (36% a year). Cash-advance interest runs from the day of the transaction.
Verification: Utkarsh Small Finance Bank ↗ · Confidence: High
- ▼ RewardEffective 1 Jan 2026
Cleartrip 3% cashback discontinued
3% on non-UPI Cleartrip spends→Discontinued
Utkarsh's MITC records that the 3% cashback on non-UPI spends with Cleartrip was discontinued after 31 December 2025.
Verification: Utkarsh Small Finance Bank ↗ · Confidence: High
2025
- ▲ RewardEffective 11 Aug 2025
Non-UPI cashback raised to 1%, its cap lifted from ₹200 to ₹10,000
0.5%, capped at ₹200 a statement cycle→1%, capped at ₹10,000 a statement month
Utkarsh's MITC sets out this change in its own before-and-after block. Before 11 August 2025, non-UPI spends earned 0.5% cashback, capped at ₹200 a statement cycle. From that date they earn 1%, capped at ₹10,000 a statement month, on transactions of ₹100 or more.
Verification: Utkarsh Small Finance Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/utkarsh-supercard#value-timeline">super.money superCard (Utkarsh SFB) value timeline</a>, CardAdvisor (CC BY 4.0).
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