- Joining fee
₹1,000 + GST
- Annual fee
₹1,000 + GST
- Best suited for
Shopping
- Reward type
Cashback
Rewards
- Rewards rate
7% Cashback on Online Purchases; 0.75% Cashback on Offline and Travel Spends; 0.5% Cashback on Utility Transactions
- Welcome benefits
5,000 EDGE Reward Points on Making the First Transaction Within 30 Days
- Reward redemption
Cashback Credited to Statement
Fees & charges
- Spend-based waiver
Annual Fee Waiver on Spends of ₹4 Lakh or More
- Foreign currency markup
3.5%
- Interest rates
3.75% Monthly (55.55% Annually)
- Cash advance charges
2.5% of the Withdrawn Amount or ₹500
Product highlights
- Welcome benefits worth ₹1,000.
- 2% on online spending up to ₹5,000.
- 5% on online spending between ₹5,001 and ₹40,000.
- 7% on online spending above ₹40,000.
Pros & cons
Pros
- 0.75% Unlimited cashback on travel and offline spending.
Cons
- There is no fuel surcharge waiver offered with this card.
- The spend threshold for the renewal fee waiver is set quite high at ₹4 lakh.
FAQs
Are there any spending categories where cashback is not applicable?
Yes, there are certain exclusions, such as fuel purchases, for which cashback is not applicable. It’s advisable to check the card’s terms and conditions for detailed information.
What happens to my cashback if I return a purchase?
If you return an item for which you’ve received cashback, the cashback amount will be deducted from your account or your return refund.