About Zagg Credit Card
The YES BANK Zagg Credit Card (previously known as the Rio Credit Card) is a co-branded card issued by Zagg (via zagg.money) that is free for life. It's intended for users who enjoy seamless UPI payments, everyday purchases, and no-fee benefits. This RuPay-powered card focuses on UPI scan-and-pay rewards, making it ideal for digital-first spenders in India.
Fees and Charges
- Joining Fee: Nil (₹0)
- Annual Fee: Nil (₹0) – Lifetime free with no renewal fees
- Forex Markup Fee: NA (primarily focused on domestic/UPI use)
Welcome and Milestone Benefits
- Welcome Benefits: Often includes instant offers like up to 40% off on partners (e.g., food delivery, movies), 1+1 movie tickets on platforms like BookMyShow/District, flat ₹150 off on Zomato, and up to 40% off on Swiggy/Instamart. These are typically partner-sponsored and may vary.
- Milestone Benefits: NA
Cashback and Rewards
- Card Type: Co-branded UPI Credit Card (RuPay network)
- Card Network: RuPay
- Best For: UPI scan-and-pay transactions, everyday digital spends, fuel waivers, and lounge access on a lifetime-free card
- Cashback/Rewards on Online Purchases: Up to 3% Zagg Coins on spends via Zagg UPI/app (primarily focused on UPI; general online may vary)
- Cashback/Rewards on Offline Purchases: Up to 3% Zagg Coins on UPI-linked spends; swipes may earn lower or none
- Maximum Cashback per Statement Cycle: Capped indirectly (e.g., Zagg Coins redemption up to ₹45,000 cashback per year equivalent in some offers)
- Rewards Redemption Options: Zagg Coins (each valued at ₹0.25) redeemable directly to bank account or for offers; rewards sponsored by Zagg
Lounge Access
- Domestic Lounge Access: 2 complimentary visits per quarter (up to 8 per year), subject to quarterly spending criteria.
- International Lounge Access: NA
Category Spend Benefits
- Online Shopping: Partner offers (e.g., discounts on Swiggy, Zomato)
- Food and Grocery: Up to 40% off on Swiggy/Instamart, flat discounts on Zomato
- Travel Booking: NA
- Utility Bill Payments: NA (UPI eligible for rewards)
- UPI Payment (Scan & Pay): Up to 3% Zagg Coins (core strength)
- Fuel: 1% fuel surcharge waiver (transactions ₹400–₹5,000, max ₹250 per statement cycle)
Excluded Categories
- All Excluded Categories: Standard exclusions apply (e.g., fuel surcharge waiver limited to eligible range; no rewards on certain categories like wallet loads, government payments, or rent in some cases). Rewards primarily on Zagg UPI spends; other exclusions per YES BANK/RuPay terms (e.g., cash advances, EMI conversions may not earn rewards).
Why Choose Zagg Credit Card?
The Zagg Credit Card stands out as a truly lifetime-free option with generous UPI rewards—earn up to 3% Zagg Coins on scan-and-pay transactions, making it ideal for daily digital payments. With 8 domestic lounge visits per year (on meeting spends), a fuel waiver, and partner discounts on food/movies, it's an excellent choice for no-fee users who prefer UPI over physical swipes. The Zagg app allows for a credit limit of up to ₹5 lakhs and seamless management. It's ideal for building credit while earning rewards with no annual fees.
Who is eligible for the Zagg Credit Card?
Eligibility criteria include:
- Age 21–60 years
- Salaried or self-employed
- Minimum net salary of ₹25,000 per month or ITR of ₹7.5 lakhs and above
- Existing YES BANK credit cardholders are not eligible
Apply via the Zagg app or YES BANK portal.
Is the Zagg Credit Card worth applying for?
Yes, especially if you want a no-fee credit card with great UPI rewards and lounge access. In a market crowded with annual-fee cards, the lifetime-free feature, combined with 3% off UPI purchases, a fuel waiver, and up to 8 lounge visits, makes it extremely valuable for moderate-to-high UPI users. It's especially appealing to young professionals or digital payment enthusiasts looking to avoid fees while earning money on everyday purchases. However, if you require premium international perks, high forex rewards, or broad category cashback, other cards may be more suitable. Overall, it's a popular, hassle-free entry-level premium card—apply if you meet the eligibility requirements and use UPI frequently!