Kosmo Credit Card 2026: Benefits, Cashback, Fees & Eligibility

The Kosmo Credit Card is a credit card that offers cashback benefits on UPI transactions, online transactions, as well as milestone-based benefits, and is offered on a lifetime free basis. On UPI scan-and-pay transactions, the card gives 2% cashback; while for online transactions it provides 0.5% cashback, it is an interesting choice for users who do a lot of online transactions.

Another interesting aspect is the availability of airport lounge access based on milestones, which may be attractive to frequent flyers. Earning an additional 500 reward points for spending ₹5,000 from 1st to 5th of each month is also a benefit for cardholders.

Here are the benefit amounts, cashback rate, airport lounge benefits, fee and charges, eligibility and reward points, and application process for Kosmo Credit Card.

Kosmo Credit Card – Key Highlights

Feature	Details
Joining Fee	₹0
Annual Fee	₹0
UPI Scan & Pay Cashback	2%
Online Payment Cashback	0.5%
Milestone Cashback	5% on spends over ₹1.5 lakh
Monthly Reward Benefit	500 additional reward points
Monthly Reward Requirement	Spend ₹5,000 between 1st and 5th
Airport Lounge Access	Milestone-based
Cash Advance Fee	2.5% or minimum ₹100
Interest Rate	3.49% per month / 41.88% annually
Foreign Currency Fee	3.49%
Late Payment Fee	15% of due amount, subject to applicable slabs
Minimum Age	Above 21 years
Residence	AU Bank serviceable area

Kosmo Credit Card Cashback Benefits

The Kosmo Credit Card cashback system is tailored to various online spending classes. The cardholders can redeem cashback for UPI scan and pay, online payments and spending thresholds.

2% Cashback on UPI Scan and Pay

One of the major benefits of the card is 2% cashback on UPI scan-and-pay spends.

This can be useful for people who frequently use UPI to pay merchants at:

• Local stores

• Restaurants

• Cafes

• Retail outlets

• Service providers

• Other eligible merchants accepting UPI payments

For example, if you make ₹10,000 worth of eligible UPI scan and pay, a 2% cashback rate would be worth ₹200 in cashback.

This makes this card especially pertinent for customers seeking a credit card with UPI cashback.

0.5% Cashback on Online Payments

The card also provides 0.5% cashback on online payments.

If you spend ₹10,000 on eligible online transactions, the cashback at 0.5% would be ₹50.

This benefit can add value for users who regularly use their credit card for online shopping, subscriptions, bookings, and other eligible digital transactions.

5% Cashback on Spends Over ₹1.5 Lakh

One of the standout features of the Kosmo Credit Card is its milestone-based cashback.

Users can get 5% cashback on spends over ₹1.5 lakh.

This benefit can be particularly attractive for high-spending cardholders who can cross the ₹1.5 lakh spending threshold.

Example

Suppose your eligible spending crosses ₹1.5 lakh. The applicable 5% cashback benefit can provide additional value based on the card's milestone terms.

Because milestone cashback conditions can be specific, cardholders should check the latest terms and conditions to understand exactly how the 5% benefit is calculated and applied.

500 Bonus Reward Points Every Month

The Kosmo Credit Card also offers an additional reward opportunity for early-month spending.

Cardholders can earn:

500 additional reward points

by spending:

₹5,000 between the 1st and 5th of every month.

This can be useful for users who can plan some of their regular monthly expenses during the first five days of the month.

How to Maximise This Benefit

Instead of waiting until the end of the month, you can plan eligible purchases between the 1st and 5th.

For example, regular expenses such as shopping or other eligible payments can potentially help you reach the ₹5,000 requirement while earning the additional reward points.

Kosmo Credit Card Airport Lounge Access

The card also provides milestone-based airport lounge visits.

This means lounge access is linked to meeting the applicable spending milestone rather than being an unlimited complimentary benefit.

For frequent travellers, this can be a useful additional feature, especially when combined with the card's cashback benefits.

However, users should check the latest lounge access terms, eligible airports, transaction requirements, and applicable limits before planning their travel around this benefit.

Kosmo Credit Card Fees and Charges

One of the biggest advantages of the Kosmo Credit Card is that it comes with zero joining and annual fees.

Joining Fee

₹0

Annual Fee

₹0

This makes the card a lifetime-free credit card, based on the provided fee structure.

Cash Advance Fee

The cash advance fee is:

2.5% of the amount withdrawn, subject to a minimum of ₹100.

Credit card cash withdrawals can also attract interest, so cash advances should generally be avoided unless required.

Interest Rate

The applicable interest rate is:

3.49% per month

or

41.88% annually.

Carrying an unpaid credit card balance can therefore significantly increase the cost of borrowing.

Late Payment Fee

The late payment fee is stated as 15% of the due amount, with the applicable charge ranging from ₹0 to ₹1,300 depending on the outstanding amount and applicable fee slab.

Paying the total credit card bill by the due date can help avoid late payment charges and unnecessary interest.

Foreign Currency Transaction Fee

The foreign currency transaction fee is:

3.49%

Users who frequently make international transactions should consider this charge before using the card abroad.

Kosmo Credit Card Eligibility Criteria

Applicants need to meet the eligibility requirements specified by the card issuer.

Age

The applicant should be:

Above 21 years of age.

Residence

The applicant should reside in an AU Bank serviceable area.

While processing the application, the issuer may also consider other information, such as your income, credit history, work history and other internal requirements.

Documents Required for Kosmo Credit Card

Applicants may need to provide documents for identity and verification purposes.

Commonly required documents can include:

• PAN card

• Address proof

• Identity proof

• Recent passport-size photograph

• Employment details

• Income details

• Contact information

The exact documentation requirements may vary depending on the applicant's profile and the issuer's application process.

How to Apply for Kosmo Credit Card?

You can apply for the Kosmo Credit Card through the AU Bank website.

Step 1: Visit the AU Bank Website

Visit the AU Bank website and click on the ‘Apply for Credit Card' option.

Step 2: Select Kosmo Credit Card

Choose from the available credit cards and choose Kosmo Credit Card.

Step 3: Enter Personal Details

Include the following information:

• Name

• Address

• Mobile number

• Email address

• Date of birth

Step 4: Enter Employment Information

Fill in details on your job, employer and income as applicable in the application form.

Step 5: Upload Documents

Attach all necessary documents such as your PAN card and latest passport-size photo.

Step 6: Accept Terms and Conditions

Carefully read and agree to the applicable terms and conditions.

Step 7: Submit the Application

Return the completed application form.

Step 8: Complete Verification

The representative of the AU Bank may reach out to you for confirmation and to finish the application. After the application and verification process is complete, the issuer will inform you if the application has been approved and what details will be provided on the card.

Pros and Cons of Kosmo Credit Card

Pros

• ₹0 joining fee

• ₹0 annual fee

• 2% UPI scan-and-pay cashback is available for every transaction. Every scan-and-pay transaction earns 2% UPI cashback.

• Get back 0.5% of your online payments.

• Get a 5% cashback on purchases above ₹1.5 lakh.

• 500 more reward points on ₹5k spend from 1st to 5th

• Use of milestones for airport lounge visits.Use of milestones for airport lounge visits.

• Ideal for those who use UPI frequently.

Cons

• The higher the amount of cash back will depend on how much money you spend.

• Base online cashback is only 0.5%

• Foreign Currency transaction fee - 3.49%

• There is a charge for cash advances.

• If you have an outstanding balance, you will have to pay a high rate of interest.

• There is a process for getting access to the airport lounge – it is not all open!

  
  

Who Should Get the Kosmo Credit Card?

The Kosmo Credit Card can be suitable for people who:

• Frequently make UPI scan-and-pay payments

• Want a lifetime-free credit card

• Spend regularly through digital channels

• Can take advantage of the ₹5,000 early-month spending benefit

• Spend more than ₹1.5 lakh and want to utilise milestone benefits

• Travel frequently and can meet the lounge access milestone

• Prefer cashback over complicated reward structures

It may not be the best fit for users who primarily make international transactions because of the 3.49% foreign currency transaction fee.

How to Maximise Kosmo Credit Card Benefits?

To get the most value from the card, consider the following strategies:

1. Use It for Eligible UPI Payments

Since the card provides 2% cashback on UPI scan-and-pay spends, it can be useful for eligible everyday merchant payments.

2. Plan Your First Five Days' Spending

Try to reach the ₹5,000 spending requirement between the 1st and 5th to qualify for the additional 500 reward points.

3. Track Your Annual Spending

If your spending is high, monitor your cumulative spending so you know when you are approaching the ₹1.5 lakh milestone.

4. Use Lounge Benefits Strategically

If you are travelling, check whether you have met the applicable spending requirement for the milestone-based airport lounge benefit.

5. Pay Your Bill on Time

Cashback and rewards are useful only when the cost of interest does not outweigh them. Paying your credit card bill in full and on time can help you avoid unnecessary interest and late payment charges.

Is Kosmo Credit Card Worth It?

Kosmo Credit Card may be a viable choice for those who want a credit card that offers UPI cashback as well as no annual fee.

One of its best features is 2% cashback on UPI scan-and-pay transactions, and 0.5% cashback on online purchases is an additional value-added feature. The card also provides a 5% cashback at every milestone of ₹1.5 lakh spent and 500 extra reward points for each transaction of ₹5,000 spent during the 1st to 5th of a month.

Another benefit is the airport lounge benefit provided throughout the journey using milestones.

But your spending habits are a big factor in determining the worth of the card. Occasional users may not benefit as much as frequent users of UPI who can achieve the spending targets.

Conclusion

For those seeking a credit card with no annual charges, offering rewards and UPI cashback, the Kosmo Credit Card 2026 is a fascinating choice. It offers 2% cashback on UPI scan and pay transactions, which can be helpful for those who make regular everyday UPI payments.

The card also offers 0.5% cashback on online payments, additional reward points of 500 for spending of ₹5,000 between 1st and 5th, and free airport lounge access on milestones.

The primary benefit is that there are no joining fee or annual fee charges to enjoy its services without having to worry about any annual maintenance fee.

Users need to take note of the milestone conditions, foreign currency fee and interest rates, however, before applying for the loan. In summary, the Kosmo Credit Card is suitable for those who use their cards frequently and have planned purchases, and also for those who would like to have a credit card that has no end date.