Dining Benefits
- Earn 10 EDGE Reward Points per ₹100 spent on Zomato as a preferred merchant; rewards computed basis MIDs shared by the partner
- Get 10% off on Swiggy every Wednesday under the Wednesday Delight program
Fees
Joining Fee
2500 EDGE Reward Points upon 3 transactions with 30 days of card issuance.
₹590
₹500 + GST
Annual Fee
The annual fee is waived if you spend ₹2 lakh or more in a year on your card, as per bank policy.
₹590
₹500 + GST
Eligibility
Age
21-60 years
Salary
₹25K / 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)
3.75% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 55.55% on revolving credit
3.75%
ATM Withdrawal
2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).
2.50%
Reward Redemption
No fee is charged when redeeming reward points on this card.
Not Applicable
Railway Surcharge
1%
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
A fee of ₹100 is charged for payments made through cheque
₹100
Cash Payment
A cash payment fee of ₹175 per transaction is applicable.
₹175
Late Payment Charges
| Amount due | Fee |
|---|---|
| ₹0 - ₹500 | ₹500 |
| ₹501 - ₹5000 | ₹750 |
| ₹5001 - ₹10000 | ₹1200 |
| ₹10001- and above | ₹1200 + 5% above |
An additional ₹100 will be levied if the Minimum Amount Due is not paid for two consecutive billing cycles.
Reward Exclusions
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