Best Credit Card

All Benefits

  • 5% cashback on online spends
  • Maximum online cashback of ₹2,000 per statement cycle
  • 1% cashback on offline spends
  • Maximum offline cashback of ₹2,000 per statement cycle; total cashback capped at ₹4,000 per statement cycle
  • Annual fee reversal on annual spends of ₹2 lakh

Fees

Joining Fee The joining fee is not offset by any bonus or credit.
₹1,179
₹999 + GST
Annual Fee The annual fee is waived if you spend ₹2 lakh or more in a year on your card, as per bank policy.
₹1,179
₹999 + GST

Eligibility

Age
21-65 years
Salary
₹25K / 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% 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ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable)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 No fee is charged when redeeming reward points on this card
Not Applicable
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets
1%
Rent Payment A surcharge fee of ₹199 + GST applies on rental transactions made using the credit card
₹199
Cheque Payment A fee of ₹250 of the payment amount is levied for cheque return, cheque dishonour, or auto-debit reversal
₹250
Cash Payment ₹250 cash payment fee per deposit
₹250

Late Payment Charges

Amount dueFee
₹0 - ₹500₹0
₹501 - ₹1000₹400
₹1001 - ₹10000₹ 750
₹10000 - ₹25000₹ 950
₹25001- ₹ 50000₹ 1100
₹50000 and above₹1300

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

Reward Exclusions

Fuel TransactionsRent PaymentsWallet LoadsCash WithdrawalsEMI TransactionsFees & ChargesGovernment PaymentsEducation PaymentsInsurance Premium PaymentsUtility Bills PaymentsGift Card or Voucher PurchasesReversed or Refunded TransactionsGaming PlatformsTolls

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility; please carefully review the features and benefits of the card offered before submitting your application
  • A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards

Full charges and terms: Bank MITC / Terms