Best Credit Card

All Benefits

  • Unlimited Airport Lounge International & domestic access valid for only Active Cardholders
  • Earn 5X Reward Points on Bill payments (Payzapp & SmartPay), Income Tax/Advance Tax, GST payments, hotel & flight bookings via MMT MyBiz, and business productivity tools (Tally, Office 365, AWS, Google, Azure etc.) via SmartBuy BizDeals; applicable on minimum spends of ₹50,000 in a statement cycle; capped at 1,50,000 Reward Points per statement cycle
  • Get up to 10X Reward Points on SmartBuy purchases (Travel, apparel, electronics); capped at 10,000 Reward Points per month
  • SmartBuy Flight/Taj Stay Voucher worth ₹5,000 on every ₹5,00,000 spent (excludes EMI, rent, petrol)
  • Earn vouchers worth ₹20,000 on annual spends of ₹20,00,000
  • 6 complimentary golf games per quarter at top courses worldwide with 24x7 concierge booking assistance

Fees

Joining Fee Club Marriott Annual Membership + Taj stay voucher worth ₹5,000 on spends of ₹1,50,000 within first 90 days
₹11,800
₹10,000 + GST
Annual Fee The annual fee is waived if you spend ₹7.5 lakh or more in a year on your card, as per bank policy.
₹11,800
₹10,000 + GST

Eligibility

Age
21-65 years
Income
₹2.5L / Month
Credit Score
750+

Bank Fee Structure

Forex Markup 2% 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 (2%): ₹100 → ₹2 ₹1,000 → ₹20 ₹10,000 → ₹200 ₹1,00,000 → ₹2,000
2%
Finance Charges (APR) Interest is charged at 1.99% per month (23.88% per annum) on unpaid balances
1.99%
ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).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% of the transaction amount as Railway Ticket Purchase fee will be waived off as charges reversal on bookings made via IRCTC mobile app/website. Charges will be reversed post successful transaction and is capped at maximum INR 1000 per month
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 ₹100 cash payment fee per deposit
₹100

Late Payment Charges

Amount dueFee
₹0 - ₹500₹0
₹501 - ₹1000₹100
₹1001 - ₹5000₹500
₹5001 - ₹10000₹600
₹10001 - ₹25000₹750
₹25001 - ₹50000₹900
₹50000 and above₹1100

Reward Exclusions

Rent paymentFuelInsuranceEMI TransactionsCash WithdrawalsJewellerySchool & Educational ServicesGovernment related transactionsWallet transactionsLoad moneyFeesGST chargesAll ReversalsGamblingTollsSecurity Broker ServicesCharityRailwaysUtility Bill PaymentsBalance TransferFinancial Charges

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