Best Credit Card

All Benefits

  • 5% back as NeuCoins on eligible non-EMI spends at partner Tata Brands
  • 1.5% back as NeuCoins on eligible non-Tata spends and eligible Merchant EMI
  • UPI (RuPay): up to 1.5% (0.5% on any UPI ID + extra 1% via Tata Neu UPI ID), capped at 500 NeuCoins/month
  • Additional 5% back as NeuCoins on select Tata Neu App categories

Fees

Joining Fee Joining fee is offset through 1,499 NeuCoins on first transaction within 30 days.
₹1,769
₹1,499 + GST
Annual Fee The annual fee is waived if you spend ₹3 lakh or more in a year on your card, as per bank policy.
₹1,769
₹1,499 + GST

Eligibility

Age
21-60 years
Salary
₹80K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 2% 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 (2%): ₹100 → ₹2 ₹1,000 → ₹20 ₹10,000 → ₹200 ₹1,00,000 → ₹2,000
2%
Finance Charges (APR) 3.75% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 45%
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ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).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 A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request.
₹99
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets
1%
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 ₹50 of the payment amount is levied for cheque return, cheque dishonour, or auto-debit reversal
₹50
Cash Payment ₹100 cash payment fee per deposit
₹100

Late Payment Charges

Amount dueFee
₹0 - ₹100₹0
₹101 - ₹500₹100
₹501 - ₹1,000₹500
₹1,001 - ₹5,000₹600
₹5,001 - ₹10,000₹750
₹10,001 - ₹25,000₹900
₹25,001 - ₹50,000₹1100
₹50,000 and above₹1300

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

No Rewards On

Rent PaymentFuel SpendsInsurance PaymentsEMI SpendsATM Cash WithdrawalsJewellery PurchasesEducation SpendsGovernment-related TransactionsWallet transactionsLoad MoneyBank Charges & FeesAll ReversalsUtility Bill PaymentsFinancial ChargesUPI TransactionsOnline Skill-Based GamingVoucher PurchasesGambling TransactionsToll PaymentsSecurity Broker ServicesCharityRailwaysBalance Transfer

Excluded Spends

Rent PaymentFuel SpendsInsurance PaymentsEMI SpendsATM Cash WithdrawalsJewellery PurchasesEducation SpendsGovernment-related TransactionsWallet transactionsLoad MoneyBank Charges & FeesAll ReversalsUtility Bill PaymentsFinancial ChargesGambling TransactionsToll PaymentsSecurity Broker ServicesCharityRailwaysBalance TransferUPI TransactionsOnline Skill-Based GamingVoucher Purchases

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