Best Credit Card

All Benefits

  • Earn 2% NeuCoins on Tata Neu and partner Tata Brands + additional 5% on selected categories
  • 1% NeuCoins on all non-Tata spends including EMI transactions
  • 1 complimentary domestic lounge voucher per quarter on spending ₹50,000

Fees

Joining Fee 499 NeuCoins on Tata Neu App on first transaction within 30 days of card issuance.
₹589
₹499 + GST
Annual Fee The annual fee is waived if you spend ₹100000 or more in a year on your card, as per bank policy.
₹589
₹499 + GST

Eligibility

Age
21-60 years
Salary
₹25K / Month
Credit Score
725+

Bank Fee Structure

Forex Markup 3.50% 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 interest rate applies on the outstanding balance if the full amount due is not paid by the statement due date. The interest-free period is 20 to 55 days for new purchases.
3.75%
ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card, subject to a minimum of ₹500.
2.50%
Reward Redemption No fee is charged when redeeming reward points on this card.
Not Applicable
Railway Surcharge Surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways and may vary based on their applicable charges.
As prescribed by IRCTC / Indian Railways
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 by cheque.
₹100
Cash Payment A fee of ₹100 is charged for payments made by depositing cash at a bank branch or ATM.
₹100

Late Payment Charges

Amount dueFee
₹0 – ₹100₹0
₹101 – ₹500₹100
₹501 – ₹5,000₹500
₹5,001 – ₹10,000₹700
Above ₹10,000₹750

Late payment charges apply if the Minimum Amount Due (MAD) is not paid by the due date. Charges are based on the total outstanding amount as per the slab structure above.

Reward Exclusions

Cash AdvancesATM Cash WithdrawalsQuasi-Cash TransactionsWallet LoadsGift Cards and VouchersEMI SpendsBank Charges & FeesLate Payment FeesProcessing FeesFinancial ChargesInterest ChargesPayment Returned ChargesService/Interest ChargesTransaction ChargesFuel SpendsGambling TransactionsLotteryOnline Skill-Based GamingGovernment-related TransactionsRent PaymentLoad MoneyOutstanding PaymentsVoucher Purchases

Terms & Conditions

  • ...rewards
  • Welcome benefit is applicable only on spends within 30 days of card issuance

Full charges and terms: Bank MITC / Terms