About Slice Credit Card
The Slice Credit Card from Slice Small Finance Bank is a lifetime-free, digital-first, UPI-enabled credit card designed for everyday purchases, particularly Scan & Pay. It distinguishes itself with no joining or annual fees, no forex markup, "Slice in 3" interest-free instalments, and rewards (known as "monies") of up to 3% under certain conditions.
How to Apply for the Slice Credit Card Online?
- Click APPLY NOW
- You will be taken to the Credit Cards Application page
- Before you start, keep these ready: PAN card, Aadhaar card, and a blank piece of paper for signature
- Also, sit in a quiet place with no background noise and without help from another person; otherwise, your application may get rejected
- To begin, you may be asked to enter your name, email, mobile number, and PAN card to fetch your CIBIL score
- Complete your online KYC, then submit the form
- You will get a reference number to track your application
- Once your card is approved, you will be notified by SMS or email.
Fees and Charges
- Joining Fee: ₹0
- Annual Fee: ₹0 (Lifetime free; no spend-based waiver required)
- Forex Markup Fee: ₹0 (zero forex / foreign currency markup; DCC markup by the bank is also ₹0)
Welcome and Milestone Benefits
- Welcome Benefits: NA
- Milestone Benefits: NA
Cashback and Rewards
- Card Type: Entry-level / lifestyle / UPI-first cashback credit card (digital + optional physical).
- Card Network: Primarily Visa (widely reported); RuPay support for UPI Scan & Pay in many references.
- Best For: Everyday UPI Scan & Pay users, first-time credit card holders, those seeking zero-fee card with simple cashback and instalment options, international spends (thanks to 0% forex).
- Cashback/Rewards on Online Purchases: Earn 1 “monies” per ₹1 spent on eligible transactions. Redemption value (effective cashback) is tiered by current monies balance: 1% (up to ₹3L monies), 1.5% (₹3L–5L), 2% (above ₹5L), up to 3% (above ₹5L monies + maintain ₹5L average quarterly balance in Slice savings account).
- Cashback/Rewards on Offline Purchases: Same structure as online (eligible card or UPI spends).
- Maximum Cashback per Statement Cycle: No hard cap mentioned on eligible spends.
- Rewards Redemption Options: Redeem monies for cash credited to Slice savings account. Rate depends on current unredeemed monies balance (as above). Expiry possible (e.g., after prolonged inactivity or card closure).
Note: Practical effective rate for most users is often in the 1–2% range; the full 3% requires significant monies accumulation + high savings balance.
Lounge Access
- Domestic Lounge Access: None
- International Lounge Access: None
Category Spend Benefits
Rewards follow the general monies structure on eligible spends. Specific boosted rates are limited; many categories are excluded from earning.
- Online Shopping: Eligible (general monies rate)
- Food and Grocery: Eligible (general rate; Spark deals may boost)
- Travel Booking: Eligible (general rate)
- Utility Bill Payments: Eligible but surcharge possible above thresholds; may be excluded from monies in some cases
- UPI Payment (Scan & Pay): Strong focus — up to 3% possible (key selling point)
- Fuel: Often excluded from monies; surcharge may apply above ₹25,000/month spend
Excluded Categories
Transactions converted into EMIs/Slice in 3, wallet loads, fuel, insurance, rental payments, educational fees, taxes/government services, online gaming/gambling, cash withdrawals, and specific MCCs (fuel, rent, wallets, insurance, education, financial institutions, government, agriculture, gaming, etc.). International transactions may also have restrictions in some descriptions.
Why Choose Slice Credit Card?
- Completely free for life (no joining, annual, or renewal fees).
- Zero forex markup — rare and valuable for international or foreign online spends.
- Seamless UPI Scan & Pay experience with credit.
- “Slice in 3” — split eligible purchases into 3 interest-free instalments at no extra cost.
- Simple rewards system (“monies”) that converts to cash.
- Excellent digital experience: instant virtual card, app-based management, real-time tracking, Slice Spark weekly deals.
- Helps build credit history (reports to bureaus).
- Ideal entry-level card for younger users or those new to credit.
Who is eligible for the Slice Credit Card?
- Indian citizen and resident of India.
- Age 18 years and above.
- Successfully onboarded with a Slice digital savings account (proper KYC completed).
- Physically present in India during application/video-KYC.
- Mobile number linked to Aadhaar (for e-KYC cases).
- Not a Politically Exposed Person (PEP).
- Slice may apply additional internal criteria. Credit limit starts low and can grow with usage (reports range from a few thousand to several lakhs).
Is the Slice Credit Card worth applying for?
Yes, for the right user. It is one of the strongest zero-fee options if you:
- Make frequent small/medium UPI Scan & Pay transactions.
- Want a simple, no-cost way to start or build credit history.
- Value 0% forex and easy instalments.
- Prefer a clean digital app experience over traditional bank cards.
It is less ideal if you prioritise high rewards rates (many cards beat the practical 1–2%), lounge access, travel insurance, or premium benefits. The top 3% tier requires a meaningful savings balance and monies accumulation, so treat the headline rate carefully.