Best Credit Card

All Benefits

  • Earn 10 Saving Points on every ₹100 spent at Departmental & Grocery Stores; 1 Saving Point = ₹1; applicable on transactions between ₹1,500 and ₹4,000; capped at 500 Saving Points (₹500) per billing cycle
  • Earn 1 Saving Point on every ₹250 spent on all other categories (no restrictions)
  • Get 6 complimentary PVR tickets or 1,200 Reward Points on spending ₹1,25,000 every 6 months (maximum 12 free PVR tickets per year)

Fees

Joining Fee No welcome benefit is provided to offset the joining fee.
₹1,769
₹1,499 + GST
Annual Fee The annual fee of ₹749+GST is non-waivable and will be charged every year.
₹884
₹749 + GST

Eligibility

Age
21-65 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 → ₹3.5 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.50%
Finance Charges (APR) Finance charges of 3.50% per month (42% per annum) apply on unpaid outstanding balances until the amount is fully repaid
3.50%
ATM Withdrawal 3% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹300, if applicable).
3%
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 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges
1%
Cheque Payment No cheque payment fee is charged
Not Applicable
Cash Payment ₹100 cash payment fee per deposit
₹100

Late Payment Charges

Amount dueFee
₹0 - ₹500₹100
₹501 - ₹10000₹500
Above ₹10000₹700

An additional Late Payment Charge of ₹100 will be levied on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles. This charge will continue to be levied for every payment cycle until the MAD is cleared

No Rewards On

Rent paymentFuelEMI TransactionsCash WithdrawalsJewellerySchool & Educational ServicesGovernment related transactionsWallet transactions - Load moneyFeesGST chargesAll ReversalsGamblingTollsSecurity Broker ServicesCharityRailwaysUtility Bill PaymentsBalance TransferFinancial Charges

Excluded Spends

Rent paymentFuelInsuranceEMI TransactionsCash WithdrawalsJewellerySchool & Educational ServicesGovernment related transactionsWallet transactions - Load 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