None.
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Canara Bank VISA Gold Secured Credit Card
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
Users will earn 2 reward points for every INR 100 spent on credit cards.
Value of 1 reward point = INR 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 provided by NPCI from time to time.
Users will get a baggage insurance of INR 25,000 for free.
Users will get a purchase protection cover of INR 25,000 for free.
Users will get air accident cover of INR 4 Lakhs for self and INR 2 Lakhs for spouse for free
Users will get accident cover of INR 2 Lakhs and INR 1 Lakhs for their spouse for free.
Additional concessions in interest rates may be applicable as the credit card is secured by a fixed deposit.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
Users will earn 2 reward points for every INR 100 spent on credit cards.
Value of 1 reward point = INR 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 provided by NPCI from time to time.
Users will get a baggage insurance of INR 25,000 for free.
Users will get a purchase protection cover of INR 25,000 for free.
Users will get air accident cover of INR 4 Lakhs for self and INR 2 Lakhs for spouse for free
Users will get accident cover of INR 2 Lakhs and INR 1 Lakhs for their spouse for free.
Additional concessions in interest rates may be applicable as the credit card is secured by a fixed deposit.
Lounge Access
None.
Fees & Charges of
Canara Bank VISA Gold Secured 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: Not specified by the bank.
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: Not specified by the bank.
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 Gold Secured Credit Card
Special Features
No joining and annual fee.
Secured credit card.
Eligibility Criteria
Independent income with a minimum of ₹. 2 lakh gross per annum for individuals.
Minimum annual gross income of ₹. 60000/- and minimum net take-home salary of not less than ₹. 4000/- p.m. for staff members.
The applicant needs to have a Fixed Deposit with the Canara Bank.
Speical Feature, Eligibility and Benefits of
Canara Bank VISA Gold Secured 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 Gold Secured Credit Card: Choose the VISA Gold Secured 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 Gold Secured 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 VISA Gold Secured Credit Card
Find Offers on Your Credit Card
Find Offers on Your Credit Card
The card offers low cashback rate. The value add features offered by the card are also below par.
The card offers low cashback rate. The value add features offered by 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