Best Credit Card

All Benefits

  • Earn 3% CashPoints on EMI spends; 1 CashPoint = up to ₹0.15; capped at 1,000 CashPoints per month
  • Earn 2% CashPoints on Utility bills, Electronics, SmartPay & PayZapp transactions; capped at 500 CashPoints per month
  • Earn 1% CashPoints on all other spends including UPI spends; capped at 500 CashPoints per month
  • Earn 2,000 CashPoints every quarter on spending ₹75,000 per quarter (excludes Rent & Petrol)
  • Maximum 15,000 CashPoints per statement cycle; expires after 2 years

Fees

Joining Fee Gift voucher worth ₹250 on first transaction within the first 37 days of card issuance.
₹590
₹500 + GST
Annual Fee The annual fee is waived if you spend ₹50,000 or more in a year on your card, as per bank policy.
₹590
₹500 + GST

Eligibility

Age
21-65 years
Income
₹50K / Month
Credit Score
750+

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 (45.0% 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ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).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 A reward redemption handling fee of ₹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.
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 ₹25 for cheque value up to ₹5,000 and ₹50 for cheque value above ₹5,000.
₹25
Cash Payment ₹100 cash payment fee per deposit.
₹100

Late Payment Charges

Amount dueFee
₹0 - ₹100₹0
₹101 - ₹500₹100
₹501 - ₹1,000₹500
₹1,001 - ₹5000₹600
₹5001 - ₹10,000₹750
₹10,001 - ₹25,000₹900
₹25,001 - ₹50,000₹1100
₹50,001 and above₹1300

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

Reward Exclusions

Fuel SpendsRent PaymentsEducation TransactionsWallet/ Gift /Prepaid Card loads & Voucher Purchase Transactions

Terms & Conditions

  • Card benefits, fees, and limits are governed by bank T&Cs.

Full charges and terms: Bank MITC / Terms