India’s UPI revolution just took a leap forward. On June 28, 2025, Slice officially launched its flagship UPI-linked credit card, blending traditional credit features with the power and simplicity of UPI. This move comes as part of Slice’s broader strategy to redefine how Indians access and use credit—especially through digital rails.
What’s New with Slice’s UPI Credit Card?
Unlike traditional cards that rely on swipes or POS machines, this new RuPay-powered card works directly through UPI. That means:
Scan any UPI QR → Pay using your credit line
- Works across apps like PhonePe, Paytm, GPay
- No physical card required (but available on request)
It’s the first-of-its-kind hybrid that combines:
- Instant UPI payment flexibility
- Credit-backed spending
- App-controlled expense management
(Source: ThePrint, Times of India)
Key Benefits
- 5% cashback on select merchants , up to 3% on others
- Convert any spend into 3-month no-cost EMIs (“Pay in 3”)
- Lifetime free – No annual or joining fees
- Real-time control & tracking through the Slice app
- Integrated with India’s first UPI-powered physical branch, launched in Bengaluru
Who Should Consider It?
This card is designed for:
- UPI-first users who prefer QR scans over card swipes
- Young professionals or students building credit history
- Anyone looking for a low-barrier, app-first credit experience
My Take
Slice just made credit cards way more relevant for UPI-era users. This isn’t just a new payment method—it’s a structural shift in how credit is distributed and used. For everyday QR spends, this card makes a strong case for ditching physical plastic, especially with no hidden fees or forced upgrades.
What to Watch For
While it’s feature-rich, keep in mind:
- Rewards are app-limited and may vary by partner
- EMI conversions are only up to 3 months without interest
- It’s still early—watch for how billing cycles and credit limits are managed over time.