If you love your Axis Bank SuperMoney RuPay Credit Card for those juicy UPI rewards, get ready for a significant shift! Effective January 1, 2026, Axis Bank has announced SuperCard Pro Cashback Update, completely revising the cashback structure, introducing a complex capping rule that makes your previous strategy obsolete.
Read this complete blog for a simple understanding of the new terms and the critical trick to maximize your monthly cashback. Don’t leave money on the table—learn the hack today!
Disclaimer: The Revision of AXIS BANK SUPERMONEY RuPay Credit Card Terms and Conditions PDF issued by Axis Bank is not that clear yet. The review is true to the best of my understanding.
SuperCard Pro Cashback Update: Comparison
Axis Bank has announced a significant SuperCard Pro Cashback update leading to Card Devaluation, effective January 1, 2026. Here is a detailed comparison of Current SuperCard Pro Cashback Rules with the Revised Cashback Rules.
| Current Cashback Terms | Cashback Terms Effective 1st Jan'26 |
| Cashback Capped at ₹500/statement | ₹500 Cashback Cap is removed (made it complex) |
| 1% Category Cashback was also included in the ₹500 Cap | 1% Cashback is Unlimited (on eligible non-UPI & other UPI spends) |
| Eligible transactions of any value earn cashback | Spends below ₹100 will NOT earn cashback |
| Straight 3% Cashback on SuperUPI spends up to ₹500/month | 3% Cashback is now capped to cashback earned on 1% Category, avg effective cashback rate = 1.5% |
Complicated New Cashback Cap, Simplified
The most critical change is how the 3% Cashback is calculated and limited.
Let’s define the two cashback categories:
(S) = 3% Cashback: Earned on eligible UPI Spends made specifically through the SuperMoney UPI.
(O) = 1% Cashback: Earned on ALL Other Eligible Spends (i.e., non-UPI card payments and UPI transactions via other apps like Google Pay/Paytm).
The New Rule: (S) ≤ (O) or The maximum 3% Cashback you can earn (S) is strictly capped by the total 1% Cashback you earn (O) in the same statement month.
In plain language: Your SuperUPI 3% cashback cannot be more than your 1% general spend cashback.
This complex capping rule leads to a major devaluation of the card’s primary benefit. To earn the full benefit of a 3% UPI transaction, you must spend significantly more in the 1% category.
The Trick to Maximize Rewards
Given the new capping rule, a simple, straight 3% cashback on high spends is gone. Your strategy must now focus on balancing your 3% and 1% category spending.
1. 3% Cashback for Low Spenders: No Change (Up to ₹3,333/Month)
If your total monthly SuperUPI (3% category) spends do not exceed ₹3,333, you can still earn the full 3% cashback (up to ₹100) without worrying about the new cap.
2. Maximizing Cashback Cap: The 1:3 Strategy (UPI > ₹3,333/Month)
To unlock maximum cashback on your 3% SuperUPI Spends, you must deliberately spend enough in the 1% Other Spends category due to the new 3% Cashback Capping Rule capping it to 1% Cashback.
The ideal ratio for the best overall effective cashback rate is one where your 1% cashback equals your 3% cashback:
Cashback from 3% Category (S) (e.g.,₹300)
Cashback from 1% Category (O) (e.g., ₹300)
To achieve (S) = (O):
3% Spends = X
1% Spends = Y
Since 3% of X = 1% of Y, this means Y must be 3 times X i.e., You have to spend 3X in the 1% Cashback Category and still the Effective Cashback Rate will be 1.5% (avg) on spends.
For Example: If you spend ₹10,000 for 3% Category and ₹30,000 for 1% Category then the Total Cashback will be ₹600: INR 300 (3% cat.) + INR 300 (1% cat.) = INR 600 (1.5% of ₹40,000)
1.5% Effective Cashback Rate: This is the best overall effective rate you can achieve for mixed spending—a significant SuperCard Pro Cashback devaluation from the expected 3% on UPI.
Confusing SuperCard Pro Cashback Updates
Axis Bank has already issued SuperCard Pro Cashback Updates (effective 01/01/2026) but it is lacking the details, thus, confusing.
Monthly Cashback Limit: Axis Bank has stated in their first point itself: ‘Cashback capping of INR 500 per statement cycle will no longer be applicable.’ But due to examples/scenarios shared it confusing whether the cap is completely removed or replace with a 600/month cashback cap.
- Monthly Cashback Caps in 100s: In their 3rd point they have stated: ‘3% Cashback on eligible UPI purchases via the super.money app is now capped at the total cashback earned from other UPI and non-UPI spends in the same statement month’. But the Scenario 1 shared suggests that the Monthly Caps will run in 100s. For example: 100 or 200 or 300
- Scenario 1 summary: 1% cashback earned = ₹90 and still the monthly cashback cap for 3% is ₹100.
What else I need to know?
Excluded Categories: As with most credit cards, you likely won’t earn any cashback on spends like Fuel, Rent, Insurance, Education Fees, Wallet Loads, Jewelry, and EMIs. Always check the detailed official exclusions.
Transaction Value: The image mentions that all spends below INR 100 will no longer earn any cashback. This eliminates micro-transactions from the rewards pool.
Conclusion: Is the Card Still Worth It?
- The Axis SuperMoney RuPay Credit Card is facing a major devaluation.
The initial ₹500 monthly cap is gone, but it’s been replaced by a complicated and restrictive cap that forces high spending in the 1% category just to unlock the 3% rewards.
The maximum effective cashback rate is now 1.5% for balanced high spenders, which is easily beaten by other entry-level credit cards considering cashback on general spending.
Your best strategy now is to:
Keep the card for SuperUPI spends under ₹3,333/month to enjoy the hassle-free 3%.
For higher spends, strongly consider migrating to a card that offers a higher, non-capped, or simpler rewards structure for your primary spending categories.
The Best Alternative for SuperCard Pro
Suggestion: The Best Alternative for the best LTF Rupay Credit Card for UPI is the Kiwi Klick Credit Card.
- 1.5% Base Cashback on Merchant Scan & Pay through Kiwi App
- Up to 5% Accelerated Cashback with Kiwi Neon Membership (Annual Cost = ₹999 + GST)
- 3 Airport Lounge Access, with Kiwi Neon Membership, unlocked on Milestone spends
- Cashback on Signup
- Monthly Spend Based Offers and Partner Offers
