Canara Bank Visa Corporate Credit Card
- Joining fee
₹250 + GST
- Annual fee
₹250 + GST
- Best suited for
Business Expenses
Benefits
- Insurance
Air accident coverage for self and spouse, baggage insurance, etc
Fees & charges
- Rewards redemption fee
Nil
- Foreign currency markup
3%
- Interest rates
2.50% monthly or 30% annually
- Fuel surcharge waiver
A 1% waiver on fuel transactions across all fuel stations in India
- Cash advance charges
3% of the advance, minimum ₹30 per ₹1,000
Product highlights
- A fuel surcharge waiver is provided on fuel transactions.
- Seasonal offers are provided with this card.
Pros & cons
Pros
- Insurance benefits are provided for cardholders.
Cons
- The Forex markup fee of this card is high.
- No Reward Points are provided on this card.
FAQs
Who is this credit card best suited for?
It is best suited for businesses looking to manage their financial expenses effectively.
What are the fees for foreign currency transactions?
The foreign currency markup fee is 3%, which is considered high compared to other cards.
Can I earn reward points with this credit card?
No, the Canara Bank Visa Corporate Credit Card does not provide any reward points.
Does the card have any seasonal offers?
Yes, there are seasonal offers, such as discounts on travel bookings with Goibibo.