Best Credit Card

All Benefits

  • 7.5% cashback on Myntra (quarterly cap ₹4,000)
  • 5% cashback on Flipkart (including Shopsy/Flipkart Travel) & Cleartrip (up to ₹4,000 per calendar quarter separately for Flipkart bucket and Cleartrip bucket
  • 4% cashback on Zomato, Uber, Netmeds, PVR (quarterly cap ₹4,000)
  • 1% cashback on all other eligible spends (unlimited)
  • Reversal of renewal fee on annual spends of ₹3.5 lakh in the preceding year

Fees

Joining Fee ₹250 Flipkart Gift Card on fee realization helps offset the joining fee.
Free
Lifetime Free
Annual Fee The annual fee is waived if you spend ₹3.5 lakh or more in a year on your card, as per bank policy.
₹590
₹500 + GST

Eligibility

Age
21-70 years
Salary
₹30K / 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 3.75% 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ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).
2.50%
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 A surcharge fee of ₹199 + GST applies on rental transactions made using the credit card
₹199
Cheque Payment A fee of 200 of the payment amount is levied for cheque return, cheque dishonour, or auto-debit reversal
₹200
Cash Payment ₹250 cash payment fee per deposit
₹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₹1,100
₹50,001 and above₹1,300

Additional ₹100 is charged if Minimum Amount Due remains unpaid for two consecutive cycles, continuing until cleared

Reward Exclusions

Fuel SpendsRent PaymentEMI SpendsWallet LoadsInsurance Payments

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