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UTKARSH SMALL FINANCE BANK LTD

UTKARSH SMALL FINANCE BANK LTD Utkarsh Wish Credit Card

Utkarsh Wish Credit Card by UTKARSH SMALL FINANCE BANK LTD. Facts on this page are extracted and verified automatically from official issuer documents.

Source-traced to issuer Verified 2026-08-04

Fees & welcome

Joining fee

Nil (no joining fee).

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Annual / renewal fee

Nil (no annual fee).

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Fee waiver

  • Physical Card Fee (₹249 plus taxes) is not applicable for customers meeting the Eligible Fixed Deposit (FD) value of ₹10,000 or above.
  • Applicability determined by the FD amount maintained at time of card issuance and during the first 12 months of card ownership.

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Earn rates

  • 3% reward points on UPI spends via PhonePe Bill Payments in select categories (Mobile Recharge, FASTag, DTH, Cable TV, Electricity, Mobile Postpaid, Broadband/Landline, Prepaid Meter, Piped Gas).
  • 1% reward points on UPI spends via PhonePe at Preferred Merchants (Amazon, Flipkart, Myntra, Ajio, Nykaa, Swiggy, Zomato, District, Urban Company).
  • 1% reward points on all offline merchants using Scan & Pay via PhonePe.
  • Cashback only applicable where transaction amount is >= ₹100.
  • Each reward point is worth Re 1.

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Fees & charges

Interest-free period

Interest-free period of up to 45 days (does not apply to cash advances).

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Fuel

Fuel surcharge waiver

  • Fuel Surcharge is levied by the Merchant Bank.
  • Utkarsh SFBL debits the cost of fuel along with charges and taxes as instructed by the Merchant Bank.
  • (No fuel surcharge waiver is stated for this card.).

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Rewards

Milestone benefit

  • 200 reward points additionally on completing transactions worth ₹15,000 in any statement month across any mode of transaction.
  • An additional hold period of 30 days applies from the date reward points are credited.
  • Excludes credit balance refund, fees, interest charges, reversal transactions and EMI transactions from total spends calculation.

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Redemption value

  • Each reward point is worth Re 1.
  • On claiming reward points, cashback of equivalent value is credited into the cardholder's PhonePe account.
  • A minimum of 50 reward points as 'Claimable Points' balance is required to redeem.
  • Reward points are available for redemption once settled by the merchant with the Bank, plus an additional hold period of up to 30 days from the date of settlement.
  • Reward points are valid only for 12 months from the date of accumulation.

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Reward cap

3% category (PhonePe Bill Payments): up to 150 reward points per statement month. 1% Preferred Merchants category: up to 200 reward points per statement month. 1% offline Scan & Pay category: up to 150 reward points per statement month.

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Reward exclusion

Govt related transactionsAgriculture / Contractor Services MCCsRent payments / Wallet loads / gift or prepaid card loads / voucher purchasePurchase of gold / jewelleryInsurance / Post Office / Transit / UtilitiesEducationFuelCash advancesPayment of Outstanding BalancesPayment of card fees and other chargesAll types of EMI transactions

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Protection

Insurance

  • Zero liability for any misuse on a card or PIN after informing the Bank of the loss, unless the cardholder acted with gross negligence.
  • Liability for unauthorised transactions is per Annexure 1: zero liability where loss is due to Bank fraud/negligence/deficiency or third-party system breach reported within 3 working days.
  • Limited liability (lower of transaction value or ₹10,000 for credit limit up to ₹5 lakh / ₹25,000 for limit above ₹5 lakh) for 4-7 working day reporting delays.

Verified · Most Important Terms & Conditions (MITC) – Wish Credit Card · 2026-08-04 · source

Official terms

Official terms

https://www.utkarsh.bank.in/personal/cards/credit-card/wish-credit-card.

Verified · Utkarsh Wish Credit Card product page · 2026-08-04 · source

Official sources

Official issuer pageMost Important Terms & Conditions (MITC) – Wish Credit Card

Verified 2026-08-04 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.

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