Best Credit Card

All Benefits

  • Earn 10X Membership Rewards on Zomato, Flipkart, BookMyShow, Uber, Ajio, Nykaa and more up to 1,250 MR points monthly from just ₹7,500 across accelerated partners
  • Get 5X Membership Rewards on all Amazon spends making this one of the strongest entry-level cards for regular online shoppers
  • Earn 1 Membership Rewards Point for every ₹50 spent on all other eligible purchases
  • Earn up to 1,250 Membership Rewards Points per month, as per card program limits

Fees

Joining Fee No welcome benefit is provided to offset the joining fee.
₹584
₹495 + GST
Annual Fee The annual fee is waived if you spend ₹40000 or more in a year on your card, as per bank policy.
₹584
₹495 + GST

Eligibility

Age
21-65 years
Salary
₹37.5K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 3.50% 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) 3.50% monthly interest rate applies on the outstanding balance if the full amount due is not paid by the statement due date. The interest-free period is 20 to 55 days for new purchases.
3.50%
ATM Withdrawal 3.50% of the withdrawn amount is charged on cash advances using the credit card, subject to a minimum of ₹[Y].
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 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges
1%
Cheque Payment Not Applicable
Not Applicable
Cash Payment Not Applicable
Not Applicable

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

30% of the minimum amount due, with a minimum of ₹500 and a maximum of ₹1,000 is applicable

No Rewards On

Fuel TransactionsCash WithdrawalsWallet LoadsRent PaymentsEMI Transactions or Spends converted to EMI (pre or post-purchase)Government and Statutory paymentsEducation PaymentsInsurance Premium PaymentsUtility Bill PaymentsGift Card or Voucher PurchasesGambling or Lottery TransactionsCryptocurrency or Digital Asset TransactionsCancelled or Reversed or Refunded Transaction

Excluded Spends

Fuel TransactionsCash Withdrawals and Cash AdvancesWallet LoadsRent PaymentsEMI Transactions or Spends converted to EMI (pre or post-purchase)Government and Statutory PaymentsEducation PaymentsInsurance Premium PaymentsUtility Bill PaymentsGift Card or Voucher PurchasesGambling or Lottery TransactionsCryptocurrency or Digital Asset Transactions

Terms & Conditions

  • ...rewards
  • Welcome benefit is applicable only on spends within 30 days of card issuance

Full charges and terms: Bank MITC / Terms