Slice Borrow Credit Card Review (Fintech)

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⚠ Verify product type (NBFC pivot — no longer a traditional credit card): Slice exited the credit-card model after RBI tightened PPI-on-credit rules in 2022, then merged with North East Small Finance Bank in 2024. The current Slice product is a UPI / borrow line on the NESFB account, not a Visa/Mastercard credit card. Verify the current product type and terms on slice.it before applying. (Verified Apr 2026)

Slice Borrow Credit Card Review

Slice (via NBFC partner) · Fintech credit line · Visa
Our score: 6.5 / 10
Annual fee: ₹0 (LTF on salary verification)
Reward rate: Flexi-EMI + 2% on all spends
Lounge: None
Forex: 3.5%

Best for: Young professionals and students with salary proof who want a Uni-style BNPL card with flexible EMI terms.

What we like
  • Lifetime free
  • 2% cashback on all spends
  • Flexi-EMI conversion on any transaction (3/6/12 months at 1.5-2.5%/month)
  • Instant app-based issuance
  • Real-time limit controls
  • Builds CIBIL
Watch out for
  • NBFC-issued — acceptance varies
  • EMI interest if not paid in full
  • No lounge
  • Forex 3.5%

Fees & charges

ItemCharge
Joining fee₹0 (LTF)
Renewal fee₹0 (LTF)
Finance charge1.5-2.5% p.m. on EMI
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Late payment feeUp to ₹1,300

Rewards structure

2% flat cashback on all spends (uncapped). Every transaction optionally convertible to 3/6/12-month EMI at the user's choice. Cashback credits to wallet monthly.

Key benefits

  • 2% flat cashback uncapped
  • Flexi-EMI on any transaction (user-initiated)
  • Lifetime free
  • CIBIL reporting
  • App-based full management
  • Instant issuance post verification

Who the Slice Borrow is for

Gen-Z salaried with ₹20K+ monthly income who want a secondary card for flexibility. Works alongside a primary bank-issued card.

Final verdict

Solid BNPL-style card. 2% flat cashback is competitive. Direct rival to Uni Pay 1/3rd — Slice's EMI flexibility (pick 3/6/12) vs Uni's auto-split 3-month.

FAQ

How is Slice different from Uni?

Slice gives user control over EMI tenure (3/6/12 months, interest-bearing). Uni auto-splits everything into 3 months at 0% (simpler, more rigid).

Is Slice regulated by RBI?

Slice partners with NBFCs regulated by RBI. After 2022 RBI guidelines, the product is compliant as a credit card structure.

Do I need CIBIL 750+ to get Slice?

600+ is typically sufficient. Slice approves thinner credit files too (student profiles, first-jobbers).

Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.

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