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

Rs 199 a year, before GST. It is waived if you spend Rs 50,000 in a year.

Does the Utkarsh SmartGen Credit Card give airport lounge access?

No lounge access is listed for this card.

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

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

Which spends earn no rewards on the Utkarsh SmartGen 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)

M16S / Utkarsh Small Finance Bank / Utkarsh SmartGen Credit Card

entry · cashback, upi

Utkarsh SmartGen Credit Card

Utkarsh Small Finance BankRuPayLast checked 11 Oct 2026invite-only

The Utkarsh SmartGen Credit Card costs Rs 199 a year, waived if you spend Rs 50,000 in a year. Its base return is 1% (1% cashback on eligible spends). The forex markup is 3%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 11 Oct 2026.

Annual fee: Rs 199+ GST
Fee waived at: Rs 50,000annual spend
Base return: 1%
Forex markup: 3%
Interest: 3.6%a month

Fees

Joining fee	Free
Annual fee	Rs 199
Annual spend that waives the fee	Rs 50,000
Fee notes	No joining or first-year fee; Rs 199 from second year, waived when Rs 50,000 was spent in the previous year.

Rewards

Reward currency	Cashback
Base earnunverified	1% cashback on eligible spends
Base returnunverified	1%
Point value	Cashback applied to 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% from aggregators; the KFS lists only ineligible categories, not the rate.

Travel and perks

Domestic lounge	None
International lounge	None
Forex markup	3%
Fuel surcharge waiverunverified	1% waiver per aggregators; not in KFS

Charges and eligibility

Interest per month	3.6%
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 RuPay and 42 Card Solutions as service provider. KFS: interest 3.6% a month (43.2% APR), the highest of the Utkarsh cards; over-limit Rs 500 or 2.5% whichever is higher; returned payment 2.5%; replacement Rs 500; interest-free up to 50 days. Aggregators say an FD-backed variant runs at 2.5% a month; stablemoney cites a minimum FD of Rs 25,000 for secured Utkarsh cards. UPI tag assumed from RuPay network.

Questions

What is the annual fee of the Utkarsh SmartGen Credit Card?: Rs 199 a year, before GST. It is waived if you spend Rs 50,000 in a year.
Does the Utkarsh SmartGen Credit Card give airport lounge access?: No lounge access is listed for this card.
What is the forex markup on the Utkarsh SmartGen Credit Card?: 3% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Utkarsh SmartGen 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)