SalarySe Level UP Credit Card

The CUB SalarySe Level UP Credit Card is a salary-first credit card, powered by RuPay and issued in partnership with City Union Bank (CUB). It is designed specifically for Indian salaried individuals. This card can be instantly linked to the UPI network for usage, and it uniquely rewards cardholders based on their monthly payroll cycle.

Below is the comparison table of 2 variants of SalarySe Level UP credit cards, i.e., SalarySe Level UP Physical + Virtual Credit Card and SalarySe Level UP Virtual-Only Credit Card:

Key Benefits of SalarySe Level UP Physical + Virtual Credit Card

• This is a physical + virtual card.
• Annual fee of Rs. 500 + GST is waived on annual spending of Rs. 2,00,000 or more from the second year onwards. 
• As Salary Day Bonus, earn 37.5 RP as SCoins per Rs. 100 (maximum 5625 RP) on transactions made via SalarySe UPI (applicable only on 1st and last day of the month).
• 5 accelerated reward points on other days of the month on spends below Rs. 20,000 on SalarySe UPI, online and offline checkout.
• 10 super-accelerated reward points on other days of the month for spends above Rs. 20,000 on SalarySe UPI, online and offline checkout.
• 1 Reward Point on spending per Rs. 100 on other UPI apps (not SalarySe UPI).
• All the cashback you receive will be credited as reward points (Scoins)
• 12 domestic lounge visits in a year (1 lounge access a month is unlocked on minimum monthly spends of Rs. 10,000). 
• 1% forex on every global spend.
• Earned SCoins can be redeemed on the SalarySe app only to buy gift vouchers from over 200 brands and any other redemption option available on the SalarySe app.
• SCoins cannot be earned on Cash, Quasi-Cash, Wallets/Service Providers, Fuel & Auto, and Gambling. 
• 1% fuel surcharge waiver on fuel purchases between Rs. 400 and Rs. 3,000 at all fuel stations across India. Maximum benefit available is up to Rs. 300 per statement cycle.

Key Benefits of SalarySe Level UP Virtual-Only Credit Card

• This is a RuPay virtual-only lifetime free credit card.
• As Salary Day Bonus, earn 25 RP as SCoins per Rs. 100 (maximum 3750 RP) on transactions made via SalarySe UPI (applicable only on 1st and last day of the month). 
• 5 accelerated reward points on other days of the month on spends below Rs. 20,000 on SalarySe UPI, online and offline checkout.
• 10 super-accelerated reward points on other days of the month for spends above Rs. 20,000 on SalarySe UPI, online and offline checkout.
• 1 Reward Point on spending per Rs. 100 on other UPI apps (not SalarySe UPI).
• Earned SCoins can be redeemed on the SalarySe app only to buy gift vouchers from over 200 brands and any other redemption option available on the SalarySe app.
• SCoins cannot be earned on Cash, Quasi-Cash, Wallets/Service Providers, Fuel & Auto, and Gambling.
• 1% fuel surcharge waiver on fuel purchases between Rs. 400 and Rs. 3,000 at all fuel stations across India. Maximum benefit available is up to Rs. 300 per statement cycle.

The Salary Day Bonus is a feature offered on the CUB SalarySe Level UP Credit Card. This promotional offer gives users 37.5% rewards as SCoins per Rs. 100 (maximum 5625 RP) as Salary Day Bonus on SalarySe Level UP Physical + Virtual Credit Card and 25% rewards as SCoins per Rs. 100 (maximum 3750 RP) on SalarySe Level UP Virtual-Only Credit Card.

This offer is available on transactions made via SalarySe UPI only on the first and last day of the month. It is meant for large transaction expenses falling around payroll cycles (groceries, rent transfers, bill payments, etc.), when routed through SalarySe UPI.

SalaryDay Bonus gets unlocked only on spending at least Rs. 5,000 on non-SalaryDay Bonus Days (i.e. excluding first and last day of the month). Maximum spends eligible for SalaryDay Bonus rewards are Rs. 15,000 per billing cycle. 

The SalarySe Level UP Virtual-Only Credit Card does not offer any lounge access. However, the SalarySe Level UP Physical + Virtual Credit Card offers 12 complimentary visits in a year to select domestic airport lounges. Every month, 1 lounge visit can be unlocked on a minimum spend of Rs. 10,000 in the previous month.

• Joining fee: Rs. 500 + GST (Nil for virtual-only card).
• Renewal fee: Rs. 500 + GST; waived on yearly spends above Rs. 2 Lakhs (Nil for virtual-only card).
• Add-on card fee: Rs. 500.
• Foreign currency transaction fee: 1% of transaction amount (2% for virtual-only card).
• Finance/interest charges: 3.5% per month/ 42% per annum.
• Late payment fee: Rs. 350 for outstanding dues up to Rs. 25,000 & Rs. 450 for outstanding dues above Rs. 25,000. 
• Overlimit fee: 3% of the overlimit amount (minimum Rs. 250). 
• Limit enhancement fee: Free for first time & Rs. 200 per occasion post that. 
• Cheque return/invalid cheque charges: Rs. 300 per cheque return.
• Rental surcharge: 1% of the transaction value.
• Wallet load transaction fee: 1% of the transaction value. 
• Fuel transaction fee: 1% on cumulative fuel transactions of Rs. 50,000 or more per statement cycle.
• Utility transaction fee: 1% on cumulative rental transactions of Rs. 25,000 or more per statement cycle.
• Online skill-based gaming transaction fee: 1% on cumulative skill-based gaming transactions of Rs. 10,000 or more online per statement cycle
• Statement retrieval fee: Rs. 100 per statement-physical request (free for online request) for statement request >3 months. 
• Charge slip retrieval fee: Rs. 250.
• Balance enquiry through ATM: Nil at own Bank ATM and Rs. 50 at other Bank ATM.
• Cash withdrawal at any ATM in India: Up to 3% of cash withdrawal amount or Rs. 250, whichever is higher.
• Cash withdrawal at any ATM abroad: Up to 3.5% of cash withdrawal amount or Rs. 1,000, whichever is higher.
• Fee for EMI conversion: 2% (minimum Rs. 200 & maximum Rs. 1,000).
• Fee for foreclosure of EMI: 5% of the outstanding amount. 
• Goods and Services Tax (GST): Applicable as per the rate prescribed under GST laws from time to time.

Below is the comparison table of CUB SalarySe Level UP with Kiwi RuPay Credit Card:

• Occupation: You must be a salaried professional.
• Age: You must be in the age group of 21 to 60 years.
• Income: You must be earning at least Rs. 20,000 to Rs. 25,000 per month. 
• CIBIL score: You must have a CIBIL score of 750 or above.
• Residence: You must be an Indian resident, living in a serviceable location.

• Application: Credit card application (filled & signed) along with recent passport-sized photographs.
• Identity proof: PAN Card (mandatory) and Aadhaar Card/ Voter ID/ Passport/ Driving License.
• Address proof: Passport/ Driving License/ Aadhaar Card/ Recent Utility Bill (not older than 3 months).
• Income proof: Last 3 months' salary slips and salary account statements.

• Download and install the official SalarySe app on your smartphone from the App Store.
• Open the app and log in with the mobile number registered with your employer.
• Go to the credit card section, compare the different credit card variants, and choose your card.
• Mention your basic personal and employment details, like your PAN and Aadhaar numbers.
• Finish the Video KYC process.
• Once your request is approved, your virtual card will be generated instantly, and a physical card (if opted for the virtual and physical variant) will be delivered to your address.
• The virtual card can be linked with UPI instantly for everyday spending.

Pros

• Option to choose between the physical + virtual card or virtual-only card.
• Annual fee of Rs. 500 + GST is waived on annual spending of Rs. 2,00,000 or more from the second year onwards. 
• 37.5 RP (25 RP for virtual-only card) as Salary Day Bonus per Rs. 100 on transactions made via SalarySe UPI.
• 5 accelerated RP on other days of the month on spends below Rs. 20,000 on SalarySe UPI, online and offline checkout.
• 10 super-accelerated RP on other days of the month for spends above Rs. 20,000 on SalarySe UPI, online and offline checkout.
• 1 Reward Point on spending per Rs. 100 on other UPI apps (not SalarySe UPI).
• 12 domestic airport lounge visits in a year (on physical + virtual card). 
• 1% forex on every global spend (on physical + virtual card).
• 1% fuel surcharge waiver (maximum Rs. 300 per statement cycle).

Cons

• To unlock 10 super-accelerated reward points, you have to spend over Rs. 20,000/month on SalarySe UPI.
• You have to complete the first transaction via SalarySe UPI to be eligible for the fee waiver.
• All the rewards you receive will be credited as SCoins and not real cashback.
• An add-on card fee is offered on payment of a Rs. 500 issuance fee.
• For physical + virtual card, 1 lounge access a month is unlocked on minimum monthly spends of Rs. 10,000.
• The virtual-only variant does not offer any complimentary lounge access.
• This card is designed specifically for salaried individuals only. 
• SCoins cannot be earned on Cash, Quasi-Cash, Wallets/Service Providers, Fuel & Auto, and Gambling.

Salaried professionals should apply for a CUB SalarySe Level UP Credit Card if they frequently use UPI for daily expenses and want to maximise their rewards during the salary cycle. The card offers 10 super-accelerated reward points if you spend above Rs. 20,000 monthly on SalarySe UPI. This card is best suited for beginners who are looking for an entry-level rewards credit card with a low or zero annual fee.

You can call the SalarySe Level UP Credit Card Customer Care and Support team through the following ways:

• Primary Phone Support (RBL Bank): +91 22 6232 7777 (available 24x7 for credit card inquiries)
• SalarySe Support: +91 96509 40728
• Email ID: contact@salaryse.com 
• Write to this address with your card number details at: Vipul Plaza, 5th Floor, Sector 54, Gurugram, Haryana - 122011