PostPe Flex Card Review

Postpe has launched a brand new card for its customers called the Postpe Flex card. Despite looking like a credit card, it is actually a prepaid card that does not have its own credit limit. Instead, Postpe offers a separate credit line you can use to get instant loans and top up your Postpe Flex prepaid card.

In terms of benefits, the Postpe Flex card offers you attractive cashback every time you use it for making payments. More about the postpe credit card details are discussed below.

Who can apply for the Postpe Flex card?

Currently, this card is only available for existing Postpe customers.

• Resident Type: Indian
• Postpe credit card eligibility criteria for salaried people:
  • Age: Above 18 years.
  • Income: The applicant should have a steady source of income. 
• For self-employed people:
  • Age: Above 18 years.
  • Income: The applicant should have a steady source of income.
• A credit score above 680+ can help you to get a higher credit limit.

What documents are required to apply for a Postpe credit card?

• Photocopy of Address proof (any 1)
  • Aadhar Card
  • Passport
• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • PAN Card
• The applicant needs to upload his/her selfie
• Applicant’s bank details
• Proof of income statement (You don’t need to provide any)

What are Postpe credit card fees?

• Postpe Flex Card joining fee: None
• Postpe Flex Card annual fee: Free for a lifetime

What are the Postpe credit card benefits?

• Make your transactions more rewarding:

Your postpe credit card offers a 1% cashback with every transaction you make using this card. The total cashback you can earn in a postpe credit card billing cycle depends on your credit card usage.

• Get an instant loan:

Your Postpe account comes with a pre-approved credit line that you can use to get an instant loan. You can transfer the loan amount to your linked savings account without paying any extra charges. You can also use the loan amount to top-up your Postpe Flex prepaid card.

• Enjoy the convenience of contactless technology:

Your new postpe credit card features advanced contactless payment technology. It allows you to make payments just by placing your card over any contactless-enabled POS machine.

What are the postpe credit card charges?

There are the previously associated charges with your Postpe account, we will update you with the new charges as soon as any update about postpe credit card charges arrives.

Particulars	Chargeable amount
Cash withdrawal charge	You can’t make cash withdrawals using this card
Finance charge	Instead of a regular finance charge, you will be charged a late payment penalty of 0.1% per day (applicable only if the postpe credit card payment is not made in time)
Foreign currency conversion charge	This card can’t be used for international transactions
Card reloading fee	None
Fund transfer to bank accounts or other PPIs	N/A

How to contact the postpe credit card customer care department?

• Call the postpe credit card customer care number: 022-4007-1500 or 1800-103-3817
• Email: help@postpe.app 

100xGain Ratings:

6/10

Pros and cons:

Pros	Cons
It is a lifetime free card. The postpe credit card cashback offer is quite interesting.	It is not a credit card, it’s a prepaid card. The process of getting a loan and then loading it onto a card is quite complicated.

Final Opinion:

After analyzing the benefits of postpe credit card, I can say that the major problem with this card is that it is not even a credit card, it is a prepaid card, and the process of getting a loan and then loading it onto a card sounds too impractical. Above all, your Postpe account will be shown as an active personal loan on your credit report, and it is not healthy for your credit score.

So, if you have a good credit score, then I would never recommend you to go for this card. You can instead visit our best credit cards page and find a proper credit card that suits your needs.

Alternative Cards:

1. AU Small Altura Plus credit card (Best for reward and railway lounge benefits)
2. Axis Bank My Zone Credit Card (Best for cashback, lounge, and dining benefits)
3. Bank Of Baroda Prime Credit Card (Best for cashback and reward benefits)
4. BOI India Credit Card (Best for reward benefits)

FAQs on Postpe Flex card:

• What is postpe credit card?

The new Postpe flex credit card is a prepaid card that you can load up using the Postpe app and earn cashback by making payments.

• How to get postpe credit card?

Currently, this card is only available for existing Postpe customers. You can use your Postpay app to apply for this card.

• How to pay postpe credit card bill?

You can easily pay your postpe pay credit card bills from your Postpe app. You can follow the steps given below.

• • Open your post Postpe app, and you can see your postpe credit card limit and your usage on the screen.
  • Tap on the Clear dues option.
  • Select the amount you want to pay.
  • Select the payment method.
  • Complete the transaction, and your postpe credit card bill payment will be made almost instantly.

• How to close postpe credit card?

You can mail your account closure application to help@postpe.app. And if all of your postpe credit card bills are cleared your bharatpe postpe credit card account will be deactivated shortly.