AU Kosmo Credit Card
Built jointly with the UPI-on-credit app Kiwi, AU Kosmo is a lifetime-free RuPay card whose entire premise is turning everyday UPI Scan & Pay transactions into rewards. Every scan-and-pay purchase run through Kiwi earns Kiwi rewards, the card throws in a 1% fuel surcharge waiver capped at ₹100 per cycle, and there's no annual fee to worry about. It's clearly designed with a younger, app-native UPI spender in mind — someone who's already comfortable transacting through Kiwi rather than a traditional card swipe.
Key features
A quick rundown of what actually makes this card worth carrying.
1.5% on Other
1.5% Kiwi cashback on UPI Scan & Pay (0.5% on online spends); up to 5% on ₹1.5L+ spends with Kiwi Neon membership. Variable by campaign; base value on other spends
Lifetime Free
No annual fee — ever. Keep this card long-term without any recurring cost.
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100/month
UPI Linked
Link to PhonePe, GPay or Paytm and earn credit card rewards on UPI payments
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Other | cashback | 1.5% | — |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | Lifetime free |
| Joining fee (incl. 18% GST) | Free |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.49% |
| Fuel surcharge waiver | 1%, cap ₹100 |
Perks & benefits
Non-reward perks add up to roughly ₹600/yr in estimated value.
fuel waiver ~ ₹600 /yr
1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, capped ₹100 per cycle
Should you get it?
Best for: UPI-native Kiwi app users, Younger spenders wanting a zero-fee UPI rewards card
Sits in the entry tier — well suited to first-time and lower-spend users.
You'll get the most value here if Other is a big part of your budget ( 1.5% back).
✓ Pros
- No cost to hold, earning Kiwi rewards on UPI scan-and-pay transactions
- Up to 5% back once you cross ₹1.5 lakh in spend with a Kiwi Neon membership
- 1% fuel surcharge waiver capped at ₹100, built natively for RuPay/UPI
✕ Cons
- Rewards are tied to the Kiwi app and shift depending on the active campaign
- Earn rates are less predictable than a straightforward fixed-rate cashback card
- Getting real value out of this card depends on actually transacting through the Kiwi app
Eligibility & documents
Age
21 –65 years
Min. income
₹15,000 /mo
Employment
Salaried · Self-employed
Documents required
- PAN card
- Aadhaar / valid address proof
- Latest 3 months bank statement
- Income proof — salary slips (salaried) or ITR (self-employed)
- Recent passport-size photograph
How to redeem rewards
The main routes for turning earned cashback into usable value.
🎁 Kiwi rewards / cashback within the app
🎁 Online rewards catalogue (vouchers, merchandise)
🎁 Statement credit / cashback adjustment
What your Cashback are worth
What each point is actually worth depending on how you redeem it — this gap is where most cardholders lose value without realising it.
Statement credit Direct cash adjustment — no conversion
The concern Because rewards flow through the Kiwi app and shift with whatever campaign is active, the earn rate here is less predictable than what you'd get from a fixed-rate cashback card.
The bottom line
A no-fee, UPI-first rewards card. For anyone already using Kiwi to spend on credit via UPI, Kosmo turns those scan-and-pay transactions into earnings, and since it costs nothing to hold, there's little reason not to add it. Just keep in mind the rewards shift with campaigns and are tied to the app, so it works better as a UPI companion than a dependable category earner.
Sources & verification
Fees, reward rates, and benefits for the AU Kosmo Credit Card are compiled from AU Small Finance Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 7 Aug 2026 . Reviewed by the SarvCred Editorial Team . Always confirm current details on the issuer's site before applying. How we research →
Independence. SarvCred is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for AU Small Finance Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Frequently asked questions
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