Best Credit Card

All Benefits

  • Earn 1.5% cashback on offline retail spends, capped at ₹100 per statement cycle
  • Earn 2 Reward Points per ₹100 on all online transactions
  • 2 complimentary railway lounge visits per quarter, totalling 8 per year
  • 500 bonus Reward Points on spending ₹20,000 or more in a calendar month
  • Device protection plan covering insurance and extended warranty on electronic purchases

Fees

Joining Fee Not Applicable
Free
Lifetime Free
Annual Fee Not Applicable
Free
Lifetime Free

Eligibility

Age
21-60 years
Salary
₹33.3K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 3.49% 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 (3.49%): ₹100 → ₹3.49 ₹1,000 → ₹34.90 ₹10,000 → ₹349 ₹1,00,000 → ₹3,490
3.49%
Finance Charges (APR) 2.50% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).
3.75%
ATM Withdrawal 2.50% of the withdrawn amount is charged on cash advances using the credit card, subject to a minimum of ₹100
2.50%
Reward Redemption ₹99 plus applicable GST is charged per redemption request
₹99
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets.₹10 is charged per transaction for bookings via IRCTC
1%
Rent Payment 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST
1%
Cheque Payment A fee of ₹25 is charged for payments made by cheque
₹25
Cash Payment This fee is not applicable for this card
Not Applicable

Late Payment Charges

Amount dueFee
₹0–₹66₹0
₹67–₹8,666₹10–₹1,300
Above ₹8,666₹1,300

15% of the Total Amount Due is charged as late payment fee if the Minimum Amount Due is not paid by the due date, subject to a minimum of ₹10 and a maximum of ₹1,300

Reward Exclusions

CashRentEducation SpendsGovernment transactionsEMI SpendsFuel SpendsBBPS paymentsQuasi-Cash TransactionsATM Cash Withdrawals

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