J&K Bank Gold Credit Card
Rewards & Benefits
Welcome Benefits
Milestone Benefits
Cashback Rate
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 purchases and cash withdrawal transactions. Effective cashback rate: 0.50%.
Movie Benefits
Dining Benefits
Other 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; Various benefits provided to customers by this card are:1; 20-50 days Credit Free Period2; 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 programme6; 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
Lounge Access
Fees & Charges
Joining Fee
INR 0.
Annual Fee
INR 200
Cash Advance Fee
Cash withdrawal fee at ATM: 3% of transaction amount (subject to a minimum of Rs. 300.
Interest rate
3% per month and APR (Annualized
Percentage Rate of 36%)
Late Payment Fee
Late payment fee: INR 100) | Late Payment Charges: Rs. 100/-
Foreign Currency Transactions Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Reward Redemption Fees: Rs. 100/-
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.
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
Rewards & Benifits
Welcome Benefits
Rewards System
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
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:-
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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.
The J&K Bank Gold Credit Card might be a decent option for moderate spenders who value a general rewards program with some additional benefits like fuel surcharge waiver, airport lounge access, and accident insurance. However, the lower reward rate compared to premium cards, limited card network, limited redemption options, and lower point value might be drawbacks for those seeking higher value, wider benefits, or specific network coverage.
The J&K Bank Gold Credit Card might be a decent option for moderate spenders who value a general rewards program with some additional benefits like fuel surcharge waiver, airport lounge access, and accident insurance. However, the lower reward rate compared to premium cards, limited card network, limited redemption options, and lower point value might be drawbacks for those seeking higher value, wider benefits, or specific network coverage.
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