Bandhan Bank Ignite Credit Card
- Annual fee
₹999 + GST
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
4 Reward Points Per ₹200 on All Eligible Spends, 2X Reward Points Per ₹200 Spent on Grocery and Travel
- Reward redemption
1 Reward Point = ₹0.25
Benefits
- Movie & dining
15% Discount on EazyDiner Up to ₹500 Once a Month
- Domestic lounge
1 Complimentary Domestic Lounge Access in a Calendar Quarter
- International lounge
1 Complimentary International Lounge Access in a Calendar Quarter
Fees & charges
- Spend-based waiver
Annual Charges Waived on Spends of ₹1 Lakh
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
3.5%
- Interest rates
3.5%
- Fuel surcharge waiver
1% Waiver Up to ₹250 Per Statement Cycle
- Cash advance charges
3.5%
Product highlights
- Earn 4 reward points per ₹200 on eligible spends and 2X reward points on grocery and travel purchases.
- 1 reward point is worth ₹0.25 at the time of redemption.
- Get 1,200 bonus reward points on monthly spends of ₹30,000 or more.
- Enjoy a 15% discount on EazyDiner up to ₹500 once every month.
- Get one complimentary domestic and one international airport lounge visit every calendar quarter.
- Receive a 1% fuel surcharge waiver of up to ₹250 per statement cycle.
Pros & cons
Pros
- There is no joining fee, and you can get the annual fee waived by spending ₹1 lakh in an anniversary year.
- Users can earn 2X reward points on grocery and travel spends and enjoy 1 free domestic and 1 international airport lounge visit every quarter.
Cons
- The card offers no welcome benefits, which may make the card less attractive compared to similar credit cards in this fee range.
- The card charges a 3.5% forex markup fee on international transactions, making it less suitable for frequent international travelers and shoppers.
FAQs
Can the annual fee be waived?
Yes. The annual fee is waived if you spend ₹1 lakh or more in an anniversary year.
What is the value of one reward point?
Each reward point is worth ₹0.25 at the time of redemption.
Does the Bandhan Bank Ignite Credit Card offer airport lounge access?
Yes. The card offers one complimentary domestic airport lounge visit and one complimentary international airport lounge visit every calendar quarter.
What dining benefits are available on the Bandhan Bank Ignite Credit Card?
Cardholders get a 15% discount on EazyDiner, with savings of up to ₹500 once every month.
Is there a fuel surcharge waiver on this card?
Yes. The card offers a 1% fuel surcharge waiver on eligible fuel transactions, up to ₹250 per statement cycle.
Does the Bandhan Bank Ignite Credit Card offer any milestone benefits?
Yes, if you spend ₹30,000 or more in a month, you will receive 1,200 bonus reward points as a milestone benefit.