Best Credit Card

All Benefits

  • Welcome benefit of 2,000 reward points on card use within 30 days and fee payment.
  • 20 reward points per ₹100 spent on grocery (up to 1,000 points/month).
  • 1 reward point per ₹100 on all other spends.
  • 10% discount on BookMyShow movie tickets (up to ₹100, 15x/year).
  • 1% fuel surcharge waiver (₹500–₹4,000, up to ₹100/month).
  • Annual fee waiver on ₹1.5L spend/year.

Fees

Joining Fee Not Applicable
Free
Lifetime Free
Annual Fee The annual fee is waived if you spend ₹1.5 lakh or more in a year on your card, as per bank policy.
₹590
₹500 + GST

Eligibility

Age
21-60 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) 3.99% monthly fee. Credit cards offer an interest-free period of 17-50 days depending on the scheme. If you do not pay your statement amount by the due date, interest starts accruing on the total outstanding balance, including any unpaid EMIs. Banks typically charge around 16% p.a. interest on EMIs, but if payments are delayed, the annual interest on outstanding balances can go up to 47.88%.
3.99%
ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).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 A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request.
₹99
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 A fee of ₹100 is charged for payments made through cheque
₹100
Cash Payment
2.50%

Late Payment Charges

Amount dueFee
₹0 - ₹500₹0
₹501 - ₹5000₹500
₹5001 - ₹10000₹750
₹10001- and above₹1200

Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date

No Rewards On

Fuel SpendsEMI SpendsWallet LoadsJewellery PurchasesCash AdvancesBank Charges & FeesRent PaymentGovernment-related TransactionsInsurance PaymentsEducation SpendsUtility Bill Payments

Excluded Spends

Fuel SpendsEMI SpendsWallet LoadsJewellery PurchasesCash AdvancesPayment of outstanding balancesBank Charges & FeesRent PaymentGovernment-related TransactionsInsurance PaymentsEducation SpendsUtility Bill Payments

Terms & Conditions

  • 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