Best Credit Card

All Benefits

  • Complimentary lifestyle memberships (Accor Plus, Taj Epicure, and EazyDiner Prime)
  • Get movie or online shopping vouchers worth up to ₹12,000 per year on spending ₹50,000 each month
  • Earn a ₹1,000 e-voucher on spending ₹50,000 in a calendar month, redeemable across select brands (Tata CLiQ Luxury, BookMyShow, Shoppers Stop, BigBasket, PVR, MakeMyTrip)
  • Earn 1 Membership Rewards® point for every ₹50 spent on eligible transactions

Fees

Joining Fee Welcome Gift of 11,000 Bonus Membership Rewards® Points on spending ₹30,000 within 90 days
₹11,800
₹10,000 + GST
Annual Fee The annual fee is waived if you spend ₹10 lakh or more in a year on your card, as per bank policy.
₹11,800
₹10,000 + GST

Eligibility

Age
18-60 years
Salary
₹50K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. Examples (3.5%): ₹100 → ₹3.5 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.50%
Finance Charges (APR) Finance charges of 3.5% per month (42% per annum) apply on unpaid outstanding balances until the amount is fully repaid
3.50%
ATM Withdrawal For every withdraw money transaction you will be charged 3.5% of the amount withdrawn or Rs 500 whichever is higher.
3.50%
Reward Redemption No fee is charged when redeeming reward points on this card.
Not Applicable
Railway Surcharge A railway booking surcharge of 1.80% for online transactions and 2.50% for other bookings is applied, with additional bank charges and taxes recovered at actuals.
1.80%
Rent Payment No Rent payment fee is charged
Not Applicable
Cheque Payment No cheque payment fee is charged
Not Applicable
Cash Payment ₹250 cash payment fee per deposit
₹250

Late Payment Charges

Amount dueFee
₹0 – ₹100₹0
₹101 – ₹500₹100
₹501 – ₹1,000₹350
₹1,001 – ₹5,000₹550
₹5,001 – ₹10,000₹750
₹10,001 – ₹25,000₹1100
Above ₹25,000₹1300

If the Minimum Amount Due is not received by the payment due date, a late payment charge of 30% of the Minimum Amount Due is levied, subject to a minimum of ₹500 and a maximum of ₹1,000, plus applicable taxes

Reward Exclusions

Rent PaymentFuel SpendsInsurance PaymentsEMI SpendsATM Cash WithdrawalsJewellery PurchasesEducation SpendsGovernment-related TransactionsWallet transactionsLoad MoneyBank Charges & FeesAll ReversalsGambling TransactionsToll PaymentsSecurity Broker ServicesCharityRailwaysUtility Bill PaymentsBalance TransferFinancial Charges

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility. Please carefully read the features of the card offered before submitting your application
  • A minimum transaction of Rs.100 within 30 days is required to activate the card, otherwise, you won’t be eligible for the Rewards

Full charges and terms: Bank MITC / Terms