Canara Bank RuPay Select Credit Card
- Joining fee
Nil
- Annual fee
Nil
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
2 RP for every ₹100 spent on transactions
- Reward redemption
The value of each RP is ₹0.25
Benefits
- Domestic lounge
2 complimentary lounge visits every quarter
- International lounge
2 complimentary lounge visits every year
- Insurance
Covers air accident insurance of ₹8 lakhs for self and ₹4 lakhs for spouse, along with baggage and purchase protection up to ₹25,000 each.
Fees & charges
- Rewards redemption fee
Nil
- Foreign currency markup
3%
- Interest rates
2.5% monthly or 30% annually
- Fuel surcharge waiver
1% waiver on fuel transaction
- Cash advance charges
3% of the advance, minimum ₹30 per ₹1,000
Product highlights
- This card comes with no joining or an annual fee.
- 2 complimentary domestic airport lounge access every quarter.
- 2 complimentary international airport lounge access every year.
- Insurance benefits worth ₹8 lakhs.
Pros & cons
Pros
- The interest rate for this card is low.
- This is a lifetime free credit card.
Cons
- Does not offer any dining or entertainment benefits.
- The Forex markup fee is relatively high.
FAQs
Does this card provide any movie and dining benefits?
No, the Canara Bank RuPay Select Credit Card doesn’t provide any movie and dining benefits.
Does this card provide any golf benefits?
No, Canara Bank doesn’t provide golf benefits currently on Canara Bank RuPay Select Credit Card.
What is the interest charged on this card?
Canara Bank charges a 2.5% interest per month on Canara Bank RuPay Select Credit Card.
What are the joining and annual fees of this card?
There is no joining and the annual fee on Canara Bank RuPay Select Credit Card.