What is the annual fee of the Utkarsh Rhodium Credit Card?

Rs 4,999 a year, before GST. It is waived if you spend Rs 5,00,000 in a year.

Does the Utkarsh Rhodium Credit Card give airport lounge access?

Yes. In India: 4 per quarter per cardinsider and paisabazaar (stablemoney says up to 4 a year). Outside India: none listed. Conditions: Domestic only; no spend condition per cardinsider; guests charged. Bank lounge T&C PDF not read.

What is the forex markup on the Utkarsh Rhodium Credit Card?

3% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Utkarsh Rhodium Credit Card?

Wallet recharges, financial institutions, government services, charities, foreign currency purchases, insurance, railway, mutual funds, education, transport, fuel, utility payments (KFS lists ineligible types; full list per cardinsider)

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Utkarsh Rhodium Credit Card

Utkarsh Small Finance BankMastercard · RuPayLast checked 11 Oct 2026invite-only

The Utkarsh Rhodium Credit Card costs Rs 4,999 a year, waived if you spend Rs 5,00,000 in a year. Its base return is 1.25% (1.25% cashback on eligible spends). The forex markup is 3%. Lounge visits in India: 4 per quarter per cardinsider and paisabazaar (stablemoney says up to 4 a year). Read from the issuer's documents and an aggregator on 11 Oct 2026.

Annual fee: Rs 4,999+ GST
Fee waived at: Rs 5,00,000annual spend
Base return: 1.25%
Forex markup: 3%
Interest: 2%a month

Fees

Joining fee	Free
Annual fee	Rs 4,999
Annual spend that waives the fee	Rs 5,00,000
Fee notes	No joining or first-year fee; Rs 4,999 from second year, waived on annual spend of Rs 5 lakh.

Rewards

Reward currency	Cashback
Base earnunverified	1.25% cashback on eligible spends
Base returnunverified	1.25%
Point value	Cashback set off against next statement
Caps	No cap stated
Spends that earn nothingunverified	Wallet recharges, financial institutions, government services, charities, foreign currency purchases, insurance, railway, mutual funds, education, transport, fuel, utility payments (KFS lists ineligible types; full list per cardinsider)
Reward notes	base_return_pct = 1.25% from aggregators; the KFS lists only ineligible categories, not the rate.

Travel and perks

Domestic loungeunverified	4 per quarter per cardinsider and paisabazaar (stablemoney says up to 4 a year)
International lounge	None
Lounge conditionsunverified	Domestic only; no spend condition per cardinsider; guests charged. Bank lounge T&C PDF not read.
Forex markup	3%
Fuel surcharge waiverunverified	1% waiver per aggregators; not in KFS

Charges and eligibility

Interest per month	2%
Late payment fee	Rs 500 flat
Cash advance fee	5% or Rs 500, whichever is higher; cash limit 20% of credit limit
Eligibilityunverified	Existing Utkarsh customers (savings, current, FD or loan account) by pre-approved link; resident Indian aged 21-65 (18-65 for FD-backed variant), per aggregators
Fine-print notes	KFS names Mastercard; cardinsider adds a RuPay variant. KFS: interest 2% a month (24% APR), over-limit Rs 500 or 2.5% whichever is higher, returned payment 2.5%, replacement Rs 500. Aggregators disagree on lounge count (16 a year vs 4 a year). Aggregators say secured and unsecured variants exist. Dedicated product page on utkarsh.bank.in could not be fetched.

Questions

What is the annual fee of the Utkarsh Rhodium Credit Card?: Rs 4,999 a year, before GST. It is waived if you spend Rs 5,00,000 in a year.
Does the Utkarsh Rhodium Credit Card give airport lounge access?: Yes. In India: 4 per quarter per cardinsider and paisabazaar (stablemoney says up to 4 a year). Outside India: none listed. Conditions: Domestic only; no spend condition per cardinsider; guests charged. Bank lounge T&C PDF not read.
What is the forex markup on the Utkarsh Rhodium Credit Card?: 3% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Utkarsh Rhodium Credit Card?: Wallet recharges, financial institutions, government services, charities, foreign currency purchases, insurance, railway, mutual funds, education, transport, fuel, utility payments (KFS lists ineligible types; full list per cardinsider)