J&K Bank Gold Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
J&K Bank Gold Credit Card
Bank Name :
J&K Bank
Type :
General Credit Card
Interest Rate :
3% per month and APR (Annualized
Percentage Rate of 36%)
Eligibility :
Primary Card holder should be in the age bracket of 21 years to 65 years.
Add-on Card holder should be 15 years and above
Net Income - Rs. 15 lakh and above per annum
Should have a good CIBIL credit score
Should be a resident of India
Pros
Various benefits provided to customers by this card are:
1. 20-50 days Credit Free Period
2. Revolving Credit Facility on paying of minimum payment due in the same billing period.
3.Hassle free Credit facility at competitive rate of interest.
4.Cash Withdrawal Facility upto 40% of total credit limit.
5.Loyalty programme
6.24 Hour Customer Assistance.
7.EMI Scheme on Credit card Purchases and outstanding balance.
8. Credit Limit upto Rs. 30,000/-
9. Waiver of Annual Charges subject to Min Purchase of Rs 50000.00 in a year
Cons
Limited add-on features.
No welcome benefit is provided to new users.
No domestic or international lounge access facility is available.
No cashback offers are provided.
Pros & Cons
Welcome Benefits
Rewards System
1 reward point = INR 1.
Every time you use your card in India or abroad, you will earn
1 reward point on every Rs.200/- spent on the Card except on fuel purchase and cash withdrawal transactions.
Effective Cashback Rate: 1%
International Forex Markup
IFM- 3.50%
Welcome Benefits and Reward System
Special Features
Eligibility Criteria
Primary Card holder should be in the age bracket of 21 years to 65 years.
Add-on Card holder should be 15 years and above
Net Income - Rs. 15 lakh and above per annum
Should have a good CIBIL credit score
Should be a resident of India
Benefits
Various benefits provided to customers by this card are:
1.20-50 days Credit Free Period
2.Revolving Credit Facility on paying of minimum payment due in the same billing period.
3.Hassle free Credit facility at competitive rate of interest.
4.Cash Withdrawal Facility upto 40% of total credit limit.
5.Loyalty programme
6.24 Hour Customer Assistance.
7.EMI Scheme on Credit card Purchases and outstanding balance.
8. Credit Limit upto Rs. 30,000/-
9. Waiver of Annual Charges subject to Min Purchase of Rs 50000.00 in a year
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Contact Details
https://www.jkbank.com/
Toll Free line 1800 890 2122 or 91194 2481936 /2481953.
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Various benefits provided to customers by this card are:
1. 20-50 days Credit Free Period
2. Revolving Credit Facility on paying of minimum payment due in the same billing period.
3.Hassle free Credit facility at competitive rate of interest.
4.Cash Withdrawal Facility upto 40% of total credit limit.
5.Loyalty programme
6.24 Hour Customer Assistance.
7.EMI Scheme on Credit card Purchases and outstanding balance.
8. Credit Limit upto Rs. 30,000/-
9. Waiver of Annual Charges subject to Min Purchase of Rs 50000.00 in a year
Limited add-on features.
No welcome benefit is provided to new users.
No domestic or international lounge access facility is available.
No cashback offers are provided.
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
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
Product Review
Fees & Charges
Joining fee: INR 0.
Annual Fee: INR 200
Cash withdrawal fee at ATM: 3% of transaction amount (subject to a minimum of Rs. 300.
Late payment fee: INR 100)
Interest Rates: 3% per month and APR (Annualised Percentage Rate of 36%)
Late Payment Charges: Rs. 100/-
Foreign Currency Transactions Fees: 3.5%.
Reward Redemption Fees: Rs. 100/-
Fuel Surcharge
Offers a fuel surcharge waiver of up to Rs. 5,000 per month.
To avail of the fuel surcharge waiver, you must make sure that your total fuel purchase for the month does not exceed Rs. 5,000. If your total fuel purchase exceeds Rs. 5,000, you will be charged a fuel surcharge of 1% of the amount that exceeds Rs. 5,000.
Billing Cycle
30 days