Utkarsh Small Finance Bank
Utkarsh Small Finance Bank Platinum Credit Card
Mid-tier Visa Platinum with rewards and FD-backed collateral option
₹1,500/yr annual fee · 2x rewards
By FinWiz24 Research Desk · Last reviewed · How we review
FinWiz24 Research Desk
Verified independently against issuer Terms & Conditions
Editorial Team
-
Best for
- Small-town professional
- FD-backed credit cardholder
- Mid-tier Visa user
-
What we like
- FD-backed collateral option for thin-file customers
- Lower eligibility threshold than metro banks
- Domestic lounge access
-
Watch out for
- ₹1,500 non-waiver joining fee
- Standard 3.5% forex markup
- Smaller SFB with limited acceptance
Annual fee
₹1,500/yr
Reward rate
2x
Min. income
₹4,00,000
Forex markup
3.5%
Lounge access
Domestic only
Eligibility
₹4 lakh/yr · CIBIL 700+
Reward cap
Not explicitly stated
Welcome benefit
₹1,000 voucher on annual spends ≥ ₹1,50,000.
Utkarsh Small Finance Bank Platinum Credit Card review: mid-tier Visa Platinum with rewards on retail spend, FD-backed collateral option for thin-file customers, fuel surcharge waiver, and milestone vouchers.
Who is this for
- Small-town professional
- FD-backed credit cardholder
- Mid-tier Visa user
What we like
- FD-backed collateral option for thin-file customers
- Lower eligibility threshold than metro banks
- Domestic lounge access
Watch out for
- ₹1,500 non-waiver joining fee
- Standard 3.5% forex markup
- Smaller SFB with limited acceptance
Issuer
Headquarters
Varanasi, Uttar Pradesh
Established 2017
Toll-free
1800-123-4567Website
www.utkarsh.bank.inUtkarsh Small Finance Bank is an RBI-regulated entity. See RBI's Master Directions on Credit Cards for the regulatory framework.
Fees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹1,500 | Not waivable |
| Annual fee | ₹1,500 | Waived on annual spends ≥ ₹1,50,000 |
| Renewal fee | ₹1,500 | Waived on annual spends ≥ ₹1,50,000 |
| Forex markup | 3.5% | Not waivable |
| Late payment | ₹1,000 | Not waivable |
| Cash advance | 2.5% of amount | Not waivable |
| Fuel surcharge | 1% | 1% surcharge waived on fuel transactions between ₹400 and ₹4,000 |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 2 Reward Points per ₹100 on retail spend; 1 Reward Point per ₹100 on utility & insurance | Not explicitly stated | Redeemable via Utkarsh rewards portal |
| DINING | 2.00 | — | 0.25 |
| SHOPPING | 2.00 | — | 0.25 |
Benefits
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FD-Backed Collateral Option Highlight
FD-backed collateral option available for thin-file customers and new-to-credit users.
-
Domestic Lounge Access
1 complimentary domestic airport lounge visit per quarter.
-
Fuel Surcharge Waiver
1% surcharge waiver on fuel transactions between ₹400 and ₹4,000.
-
Milestone Vouchers
₹1,000 voucher on annual spends ≥ ₹1,50,000.
Eligibility
- Age
- 21–65 years
- Min. income
- ₹4,00,000
- Min. credit score
- 700+
- Score note
- Decent credit card required; FD-backed option available for thin-file customers
- Employment
- Salaried, self-employed
- Documents
- PAN, Aadhaar (DigiLocker sufficient), salary slip / ITR for self-employed; FD collateral option for thin-file customers
Utkarsh Small Finance Bank Platinum Credit Card is the mid-tier Visa Platinum tier. It targets small-town professionals and thin-file customers with FD-backed collateral option.
Fees and rewards
- Joining fee: ₹1,500 (non-waiver)
- Annual fee: ₹1,500, waived on annual spends ≥ ₹1,50,000
- Rewards: 2 Reward Points per ₹100 on retail spend
- Forex markup: 3.50%
Benefits
- FD-backed collateral option for thin-file customers
- 1 domestic lounge visit per quarter
- ₹1,000 milestone voucher on ₹1.5 lakh spend
- 1% fuel surcharge waiver
Eligibility
Minimum annual income ₹4,00,000 (salaried) / ITR-based for self-employed. Decent credit score required; FD-backed option available.
Card data is compiled from the issuer’s published fee schedules. Last reviewed 2026-09-26.
Step-by-step application guide: Read the Utkarsh Small Finance Bank Platinum Credit Card apply walkthrough →
Apply for Utkarsh Small Finance Bank Platinum Credit Card
Last reviewed · How we review
FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.
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Frequently asked questions
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Disclaimer: Card details are based on publicly available issuer schedule of charges. Eligibility and approval are at the issuer’s sole discretion. FinWiz24 does not guarantee card approval or specific terms. Always read the issuer’s terms and conditions before applying.
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