None.
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Canara Bank VISA 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.
Effective 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.
12% flight discount on GoIbibo.
15% discount on hotel booking on GoIbibo.
9% discount on bus booking on GoIbibo.
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.
Effective 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.
12% flight discount on GoIbibo.
15% discount on hotel booking on GoIbibo.
9% discount on bus booking on GoIbibo.
Lounge Access
None.
Fees & Charges of
Canara Bank VISA 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 VISA Classic Credit Card
Special Features
No joining and annual fee.
Eligibility Criteria
Independent income with a minimum of Rs.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 members.
Speical Feature, Eligibility and Benefits of
Canara Bank VISA 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 VISA Classic Credit Card: Choose the VISA 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 VISA Classic Credit Card application form.
Fill out 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 VISA Classic Credit Card
Find Offers on Your Credit Card
Find Offers on Your Credit Card
The card offers low cashback rate. The value add features of the card are also below par.
The card offers low cashback rate. The value add features of the card are also below par.
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