Wrong Credit Card? You're Losing ₹500+ Yearly
AU Small Finance Bank and Zaggle have launched a co-branded credit card with cashback on UPI and contactless payments. Most Indians unknowingly miss hundreds in rewards yearly by using cards that don't reward how they actually spend.
₹500 wasted yearly on missed cashback = 100 cups of chai you're gifting to your bank for free.
You're losing this much by using the wrong credit card for UPI spends
Key Takeaways
Check your last 3 months of credit card statements and calculate how much cashback you actually earned vs. what you spent — most people are shocked.
Compare your current card's UPI cashback rate against newer co-branded cards; if you're earning below 1% on UPI spends, it's time to switch.
Before applying for any co-branded card, read the rewards redemption fine print — coins that expire or need minimum redemption thresholds quietly eat your savings.
AU Small Finance Bank and Zaggle have launched a co-branded credit card with cashback on UPI and contactless payments. Most Indians unknowingly miss hundreds in rewards yearly by using cards that don't reward how they actually spend.
Here's what happened: AU Small Finance Bank and Zaggle have launched a co-branded credit card offering cashback earned through a rewards coin system redeemable against your bill.. The card offers higher cashback specifically on UPI-linked and contactless tap-to-pay transactions — the two fastest-growing spend categories in India.. Cardholders can choose customisable benefit passes to align rewards with their top spending categories like groceries, fuel, or online shopping..
What you should do: Check your last 3 months of credit card statements and calculate how much cashback you actually earned vs. what you spent — most people are shocked.. Compare your current card's UPI cashback rate against newer co-branded cards; if you're earning below 1% on UPI spends, it's time to switch.. Before applying for any co-branded card, read the rewards redemption fine print — coins that expire or need minimum redemption thresholds quietly eat your savings..
Most cashback cards cap rewards at ₹50–₹100/month. If your monthly card spend exceeds ₹10,000, a card with uncapped UPI cashback can save you 3–5x more annually.
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- [1]“AU Small Finance Bank and Zaggle launch co-branded retail credit card with flexible rewards” Latest Money & Banking, Financial News Today - news | The HinduBusinessLine · 9 Jul 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.