This card has been designed to offer rewards that are simple, consistent, and aligned with your existing spending patterns. Reward points will be issued as SalarySe SCoins, which will operate as the card's Reward Points. All key details have been provided below for your easy reference.
1 SCoin for every ₹100 spent
You get this when you:
- Pay through any UPI app other than the SalarySe UPI
- Spend on Base Categories like rent, railways, insurance, education, telecom, and government services
These rewards run through the entire billing month. Not applicable on spends done on restricted categories or spends eligible for any other reward category.
Accelerated Rewards (applicable on monthly spends of upto ₹10,000 in a billing cycle)
2 SCoins for every ₹100 spent
You earn this when you:
- Pay through SalarySe UPI (online, QR, POS)
- Shop online using your RiseUP Card details
Not available on restricted or base categories.
Super Accelerated Rewards (applicable on monthly spends of above ₹10,000 in a billing cycle)
5 SCoins for every ₹100 spent
You earn this when:
- Pay through SalarySe UPI (online, QR, POS)
- Shop online using your RiseUP Card details
Not available on restricted or base categories spends or spends done on SalaryDay BonusDays.
Super Accelerated rewards are only applicable on additional spends above ₹10000 on eligible categories. Spends up to ₹10000 will continue earning accelerated rewards
SalaryDay Bonus (applicable on 1st and last day of each calendar month)
10 SCoins for every ₹100 spent
You earn this only when you:
- Pay through SalarySe UPI
Not available on restricted or base categories.
SalaryDay Bonus gets unlocked on spending minimum ₹5,000 on non SalaryDay Bonus Days
(i.e. excluding 1st and last day of the month)
Maximum Spends eligible for SalaryDay Bonus rewards are ₹15000 per billing cycle. Hence you will earn a maximum of 1500 Scoins.
Maximum rewards in a cycle are capped at 5% of your credit limit (This does not include rewards earned as part of Salary Day Bonus).
The SCoins earned can be redeemed on only SalarySe App to buy gift vouchers from 200+ brands and any other redemption option available on SalarySe App including but not limited to cash conversion, merchant offers etc.
SalarySe reserves the right to change the redemption offers.
General Terms & Conditions -
1. One Reward Point shall be equivalent to one SCoin, and five Scoins shall be equivalent to ₹1.
2. All Reward Points shall expire upon the completion of eighteen months from the date on which such points are earned.
3. Any fractional Reward Points arising from a transaction shall be rounded down to the nearest lower whole number, irrespective of the decimal value.
4. Each transaction shall qualify for only one reward category.
5. Reward Points shall accrue only after the monthly statement or bill for the relevant billing cycle has been generated.
6. Bank reserves the right to wholly or partly modify the Rewards Programme or withdraw reward points awarded or to vary any of the terms and conditions herein in its absolute discretion without prior notice to the cardholder.
7. In case this Rewards Programme comes in conflict with any rule, regulation or order or any statutory authority, then the Bank has the absolute authority and right to modify or cancel this rewards programme to give effect to said requirements.
8. If a transaction is reversed by way of a refund/chargeback/reimbursement, the transaction amount shall be credited back to your RiseUP Credit Card account. In such instances, the rewards accrued on those transactions will be reduced from the overall rewards balance
Offers Related Conditions -
1. All detailed offer terms and eligibility conditions shall be displayed on the SalarySe App.
2. If any fraudulent activity is detected in relation to availing benefits under the Rewards Programme or in connection with the use of the Card, the Bank shall be entitled to disqualify the Cardholder from receiving such benefits, without prior notice.
3. The Bank shall not be liable for any delay, deficiency, or loss arising out of the delivery of goods or services by participating merchants.
4. Card offers shall not be valid where prohibited, or in respect of any merchandise, products, or services for which such benefits cannot be extended for any reason whatsoever