Slice Credit Card

The number to plan on is 1%

Slice advertises up to 3% back. The number that actually matters is 1%. You earn 1 monie per ₹1 on eligible card and slice UPI spends, and monies are redeemed into your slice savings account at a slab-based value of 1%, 1.5% or 2%. The 3% slab needs both a high savings balance and a high monies balance. Four threads in our sentiment report say the higher slabs are out of reach for normal spenders, so plan on 1%.

At 1%, ₹10,000 a month of everyday UPI spend gets you about ₹100. That sounds small, but it is ₹100 more than most free cards pay on chai, metro top-ups and food court lunches. Users say even sub-₹100 UPI payments earn. One user reports 6.3% on ₹1 lakh of spend by stacking Spark offers and in-app games; that is one person's result, not the card's rate.

Benefits and disadvantages, side by side

The good parts:

• ₹0 joining fee and ₹0 annual fee, confirmed on slice's MITC.
• A RuPay card you can link to UPI and use on merchant QR codes.
• Zero bank forex and DCC markup, though the network or merchant rate can still change the billed amount.
• Users report paying the bill through BBPS apps like CRED and BHIM since mid-2026.

The disadvantages:

• You must open a slice savings account to get the card. Eight threads call this the biggest frustration.
• No monies on EMI-converted spends, wallet loads, fuel, insurance, rent, education, taxes, government services, gaming or international spends.
• Rewards can be clawed back for reversals, misuse or not paying the minimum amount due.
• Daily interest credits and many small UPI lines make statements run long, which five threads say is a pain before a visa or home loan application.

Who gets approved, and what limit

Slice's MITC in our data does not list an income or credit score cut-off. Nine threads say students and first-time applicants got approved without a credit history. One user reports a ₹2.5 lakh limit on their first Indian card. Others report the opposite: six threads say starting limits stay stuck for months, and a September 2026 thread asks why slice rejected someone with a 795 CIBIL score and a ₹1.3 lakh monthly salary. Approval is not tied to a simple income line, so do not read one result as a rule.

You apply in the slice app, complete KYC for the savings account and get the card linked to it. One holder says they pay the card in advance to keep utilisation under 10% while building a credit history. If this is your first card, read our first-time credit card guide.

What about the interest rate?

Interest, late fee and cash advance charges sit in slice's MITC, and we do not hold those figures, so we will not quote one. What we can say is that the card's value disappears the moment you carry a balance, and rewards can be taken back if you miss the minimum due. Pay in full.

Is Slice worth it?

Get it if you are a student or first-time applicant, you pay for lots of small things on UPI, and one more bank account does not bother you. It is free, and 1% on micro-payments is a real gain.

Skip it if you spend more and want higher UPI rewards; users with bigger annual spends prefer Kiwi. If you shop a lot with Tata brands, users say Tata Neu Infinity HDFC gives more value.

Credit Card Information Compiled by: Abhijeet Kumar | Reviewed by: Anmol Ratan Sachdeva