None.
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Canara Bank Rupay Classic Credit Card
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
Users will earn 2 reward points for every Rs. 100 spent on credit cards.
Value of 1 reward point = Rs.0.25.
General cashback rate: 0.50%.
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
Users will receive offers/discounts at select online and POS merchants from time to time.
Free baggage insurance of INR 25,000.
Free puchase protection cover worth INR 25,000
Free fraudlent charge insurance worth INR 2 lakhs.
Free Air Accident Cover worth INR 4 lakhs for self and INR 2 lakhs for spouse.
Free Accident Cover worth INR 2 lakhs for self and INR 1 lakhs for spouse.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
Users will earn 2 reward points for every Rs. 100 spent on credit cards.
Value of 1 reward point = Rs.0.25.
General cashback rate: 0.50%.
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
Users will receive offers/discounts at select online and POS merchants from time to time.
Free baggage insurance of INR 25,000.
Free puchase protection cover worth INR 25,000
Free fraudlent charge insurance worth INR 2 lakhs.
Free Air Accident Cover worth INR 4 lakhs for self and INR 2 lakhs for spouse.
Free Accident Cover worth INR 2 lakhs for self and INR 1 lakhs for spouse.
Lounge Access
None.
Fees & Charges of
Canara Bank Rupay Classic Credit Card
Joining Fee
NIL
Annual Fee
Annual membership fee: NIL
Cash Advance Fee
Cash advance fee: 3% of the transaction amount subject to a minimum of Rs. 30 for every Rs. 1000 or part thereof.
Interest rate
Interest rate: 2.50% monthly, 30% annually.
Late Payment Fee
Late payment charges: Rs. 250
Foreign Currency Transactions Fee
Foreign currency markup fee: Up to 3%.
Other Fees
Reward redemption fee: It will be displayed while redeeming the points. | Fuel surcharge: 1%
Joining Fee
NIL
Annual Fee
Annual membership fee: NIL
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest rate: 2.50% monthly, 30% annually.
Late Payment Fee
Late payment charges: Rs. 250
Foreign Currency Transactions Fee
Foreign currency markup fee: Up to 3%.
Other Fees
Reward redemption fee: It will be displayed while redeeming the points. | Fuel surcharge: 1%
Fee and Charges of
Canara Bank Rupay Classic Credit Card
Special Features
Independent income with a minimum of ₹. 1 Lakh gross per annum for individuals.
Minimum annual gross income of Rs.60000/- and minimum net take home salary of not less than Rs.4000/- p.m. for staff member.
Eligibility Criteria
No joining and annual fee.
Speical Feature, Eligibility and Benefits of
Canara Bank Rupay Classic Credit Card
How to apply for Credit Card?
Online Application:
Visit the Canara Bank Website: Go to the official Canara Bank website.
Locate the Credit Card Section: Look for the "Credit Cards" or "Apply Online" section.
Select Rupay Classic Credit Card: Choose the Rupay Classic Credit Card from the available options.
Fill the Application Form: Provide the required personal and financial information, such as your name, address, income, and employment details.
Upload Documents: Upload the necessary documents, including proof of identity, address, and income.
Submit the Application: Review your application and submit it online.
Offline Application:
Visit a Canara Bank Branch: Go to your nearest Canara Bank branch.
Request an Application Form: Ask the bank staff for a Rupay Classic Credit Card application form.
Fill the Application Form: Complete the form with the required information.
Submit the Application: Submit the filled form along with the necessary documents to the bank staff.
Contact Details
Call: 13 1800 1030
Account Opening and Procedure of
Canara Bank Rupay Classic Credit Card
Find Offers on Your Credit Card
Find Offers on Your Credit Card
The credit card offers a low cashback rate. The card comes with limited value add features. Overall the card has limited appeal.
The credit card offers a low cashback rate. The card comes with limited value add features. Overall the card has limited appeal.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai