Best Credit Card

All Benefits

  • Earn 5% unlimited cashback 20 Reward Points per ₹100 on purchases made on the Snapdeal website and mobile app
  • 10 Reward Points per ₹100 on online shopping and departmental store spends capped at 2,000 Reward Points per statement cycle
  • The card also carries an activation benefit of Snapdeal vouchers worth up to ₹500 on card usage within the first 30 days
  • 500-point welcome bonus on spends of ₹5,000 within 60 days
  • 16/40 Reward Points per ₹100 on flights-hotels via BOBCARD SmartDeal

Fees

Joining Fee Not Applicable
₹294
₹249 + GST
Annual Fee Not Applicable
₹294
₹249 + 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 → ₹3.50 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.5%
Finance Charges (APR) Finance charges of 3.75% per month 45% per annum apply on unpaid outstanding balances until the amount is fully repaid
3.75%
ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card minimum ₹500, if applicable
2.5%
Reward Redemption No fee is charged when redeeming reward points on this card
Not Applicable
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets
1%
Rent Payment A surcharge fee of 1.00% applies on rental transactions made using the credit card
1%
Cheque Payment A fee of 2.00% of the payment amount (minimum ₹500) is levied for cheque return, cheque dishonour, or auto-debit reversal
2%
Cash Payment A fee of ₹250 is levied for every cash payment made towards the credit card outstanding
₹250

Late Payment Charges

Amount dueFee
₹0 - ₹500₹0
₹501 - ₹1,000₹400
₹1,001 - ₹10,000₹750
₹10,001 - ₹25,000₹950
₹25,001 - ₹50,000₹1100
Above ₹50,000₹1300

An additional ₹100 applies if the Minimum Amount Due is not paid for two consecutive billing cycles

Reward Exclusions

FuelAgricultureTransportationRentCivic ServicesLegalGovernment ServicesEducationHospitalWallet LoadsSupermarketRetail StoresInsuranceCharity

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility; please carefully review the features and benefits of the card offered before submitting your application
  • A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards

Full charges and terms: Bank MITC / Terms