HDFC Bank UPI RuPay Credit Card vs Kotak Mojo RuPay Platinum Credit Card: Which is Better in 2026?
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In short: HDFC UPI has the lower annual fee (₹99 vs ₹1,000); both charge a 3.5% forex markup.
| Key facts | HDFC UPI | Kotak Mojo |
|---|---|---|
| Annual fee | ₹99 | ₹1,000 |
| Joining fee | ₹99 | ₹1,000 |
| Annual fee waived | On ₹25,000 annual spend | On ₹1 lakh annual spend |
| Lounge access | Not listed | 8 airport lounge visits a year |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 23 Oct 2026. Rewards, milestones and welcome benefits are in the full table below.
The Hdfc Bank Upi Rupay Credit Card and the Kotak Mojo Rupay Platinum Credit Card both operate on the Rupay network but cater to different user preferences. HDFC's card offers modest cashback rewards primarily on utility, dining, groceries, and PayZapp transactions with a low joining and renewal fee. In contrast, Kotak's Mojo card demands a higher fee but provides quarterly milestone rewards, better lounge access, and enhanced points on online spends.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Hdfc Bank Upi Rupay Credit Card | Kotak Mojo Rupay Platinum Credit Card |
|---|---|---|
| Bank | HDFC Bank | Kotak Mahindra Bank |
| Network | Rupay | Rupay |
| Joining fee | Joining Fee of Rs.99 | Joining Fee of Rs.1000 |
| Annual / renewal fee | Renewal Fee of Rs.99 | Annual Fee of Rs.1000 |
| Annual fee waiver | Spend Rs.25000 For Renewal Fee Waiver | Second Year Fee Waived Upon Spending Rs.1 Lakhs |
| Reward rate (headline) | 1% Cashpoints on Other Spends | Earn 1 Mojo Points on every Rs.100 |
| Lounge — domestic | — | Enjoy 8 Complimentary Airport Lounge Access Per Year |
| Milestone benefit | — | Earn 2500 Mojo Points Every Quarter on Spending Rs.75000 |
| Foreign currency markup | 3.50% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
Which is better for rewards?
When it comes to rewards, the Kotak Mojo Rupay Platinum Credit Card has an edge with its milestone benefits and higher points accrual on online spends. It offers 1 Mojo Point per Rs.100 spent generally and 2.5 points on online transactions, plus quarterly bonus points for spending Rs.75,000. The Hdfc Bank Upi Rupay Credit Card offers cashback in the form of CashPoints with rates up to 3% on specific categories but has a lower overall earning potential and no milestone rewards. Redemption values are comparable but Kotak's card offers a higher cashback redemption rate per point.
Which is better for travel?
For travel-related benefits, Kotak Mojo Rupay Platinum Credit Card stands out by providing 8 complimentary domestic airport lounge accesses annually, which the Hdfc Bank Upi Rupay Credit Card does not offer. Both cards charge a 3.5% forex markup, and neither provides international lounge access or specific travel welcome benefits. Hence, Kotak's card is more travel-friendly for domestic flyers seeking lounge access.
Which has lower effective cost?
The Hdfc Bank Upi Rupay Credit Card is more cost-effective with a joining and renewal fee of Rs.99 each, which can be waived on spending Rs.25,000 annually. In contrast, Kotak's Mojo card has a substantially higher joining and renewal fee of Rs.1000, with the second-year fee waived only after spending Rs.1 lakh. For users mindful of fees and lower spending thresholds, HDFC's card is more beginner-friendly and economical.
Reward Redemption Flexibility
Both cards allow redemption of points against statement balance and product vouchers, but Kotak's Mojo Points offer a higher cashback redemption value (Rs.0.40 per point) compared to HDFC's CashPoints (Rs.0.25 per point). This makes Kotak's card more rewarding for users who redeem points as cashback.
Fee Waiver Conditions
HDFC Bank's card waives the renewal fee on spending Rs.25,000 annually, which is more accessible for moderate spenders. Kotak's card requires Rs.1 lakh annual spend to waive the second-year fee, targeting higher spenders who can leverage the card's milestone benefits.
Who should pick Hdfc Bank Upi Rupay Credit Card?
Consider Hdfc Bank Upi Rupay Credit Card if you prefer a low-cost entry-level credit card with straightforward cashback rewards on everyday categories like utilities, dining, and groceries. It suits those who want to avoid high fees and are comfortable with moderate rewards without the need for lounge access or milestone bonuses.
Who should pick Kotak Mojo Rupay Platinum Credit Card?
Consider Kotak Mojo Rupay Platinum Credit Card if you are a frequent online spender or a domestic traveler who values airport lounge access and milestone rewards. This card is better suited for users who can meet higher spending requirements to unlock fee waivers and quarterly bonus points, thus maximizing rewards and travel benefits.
Frequently Asked Questions
Hdfc Bank Upi Rupay Credit Card charges Rs.99 for joining and renewal with a waiver on Rs.25,000 spend. Kotak Mojo Rupay Platinum Credit Card charges Rs.1000 for both, with the second-year fee waived on Rs.1 lakh spend.
Only the Kotak Mojo Rupay Platinum Credit Card offers airport lounge access with 8 complimentary domestic lounge visits per year. The Hdfc Bank Upi Rupay Credit Card does not provide lounge access.
Both cards charge a forex markup fee of 3.5% on foreign currency transactions.
Kotak Mojo Rupay Platinum Credit Card offers quarterly milestone rewards of 2500 Mojo Points on spending Rs.75,000. The Hdfc Bank Upi Rupay Credit Card does not have milestone benefits.
HDFC offers up to 3% cashback in CashPoints on select categories, while Kotak offers 1 Mojo Point per Rs.100 spent and 2.5 points on online spends, with additional milestone points quarterly.
Yes, HDFC waives the renewal fee on Rs.25,000 annual spend, and Kotak waives the second-year fee on Rs.1 lakh annual spend.