Best Credit Card

All Benefits

  • 10X reward points on dining, movies, departmental stores, and grocery
  • 2,000 bonus reward points worth ₹500 as welcome benefit within first 60 days
  • Renewal fee reversed on annual spends of ₹1 lakh

Fees

Joining Fee 2,000 bonus reward points worth ₹500 upon spending ₹2,000 or more within the first 60 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
21-70 years
Salary
₹25K / Month
Credit Score
720+

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) 3.50% 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.
3.50%
ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card, subject to a minimum of ₹500.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 – ₹500₹0
₹501 – ₹1,000₹400
₹1,001 – ₹10,000₹750
Above ₹10,000₹950

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

Rent paymentsFuel transactionsInsurance paymentsEMI transactions (including purchases converted to EMI)Cash withdrawals (cash advances)Jewellery purchasesSchool and educational servicesGovernment related transactions (including money to wallet)Wallet transactions (loading money to wallet)Fees (including card feesprocessing feesetc.)GST chargesAll reversals (reversed transactions)Gambling transactionsToll paymentsSecurity broker servicesCharity and donationsRailway transactionsUtility bill paymentsBalance transfer transactionsFinancial charges (late feedishonored cheque chargestransaction chargesetc.)Payments made using standing instructions (auto debit/recurring payments)

Terms & Conditions

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

Full charges and terms: Bank MITC / Terms