MobiKwik SuperCard Review (Fintech)

⚠ Verify product type (PPI/credit-line hybrid — verify): MobiKwik “SuperCard” has historically been a credit-line on prepaid wallet product, not a regulated credit card. After the 2022 RBI PPI rules, the product structure changed multiple times. Verify the current product (and whether it is even available to new applicants) on mobikwik.com before applying. (Verified Apr 2026)

MobiKwik SuperCard Credit Card Review

MobiKwik (via NBFC partner) · Fintech credit line · Mastercard
Our score: 6.1 / 10
Annual fee: ₹499 + GST (Y1 waived)
Reward rate: 46-day free period + 5% on MobiKwik
Lounge: None
Forex: 3.5%

Best for: MobiKwik wallet users wanting an integrated credit card with MobiKwik-specific accelerators.

What we like
  • 5% cashback on MobiKwik (capped)
  • 46-day interest-free period
  • Welcome ₹500 MobiKwik voucher
  • Y1 fee waiver on first spend
  • Easy app-based issuance
  • Lower APR than bank cards (1.99% p.m.)
Watch out for
  • Narrow MobiKwik ecosystem
  • Base earn weak
  • NBFC-issued acceptance variable
  • Forex 3.5%

Fees & charges

ItemCharge
Joining fee₹499 + GST (Y1 free)
Renewal fee₹499 + GST
Finance charge1.99% p.m.
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Late payment feeUp to ₹1,300

Rewards structure

MobiKwik wallet and bill-pay spends earn 5% cashback (capped ₹250/month). Base 1% on other retail. 46-day interest-free credit period (vs typical 50 for bank cards).

Key benefits

  • 5% on MobiKwik (cap ₹250/month)
  • 46-day free-credit period
  • Welcome MobiKwik ₹500
  • Y1 fee waiver
  • Lower APR 1.99%/month

Who the MobiKwik SuperCard is for

MobiKwik heavy users doing ₹5K+/month on the platform. Others should skip.

Final verdict

MobiKwik-ecosystem card. Useful only if you have existing MobiKwik usage. Competing fintechs (Uni, Slice) offer broader value.

FAQ

Is SuperCard a prepaid or credit card?

Credit card, not prepaid. Standard revolving credit line structure.

Who is the NBFC partner?

MobiKwik partners with multiple NBFCs including DMI Finance for credit underwriting.

Does 5% apply to MobiKwik wallet loads?

Wallet loads typically don't qualify. Actual bill pay and merchant spends via MobiKwik do.

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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