Platinum Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Platinum Credit Card
Bank Name :
Dhanlashmi Bank
Type :
Shopping Credit Card
Interest Rate :
3 % P.M (Annualised 36%)
Eligibility :
For Salaried & Self-Employed: Minimum annual gross income of Rs 6 lacs.
Pros
Rewards: 5% cashback on Supermarkets and Departmental Store purchases, and Platinum privileges across luxury goods, dining, golf & travel.
Other Benefits: Free insurance cover, and Global customer assistance for emergencies.
Cons
No welcome benefit.
Limited offers and Rewards
No airport lounge access facility available.
Very High fuel surcharge waiver fees.
Pros & Cons
Welcome Benefits
None
Rewards System
1 reward point for every Rs. 100 spent on all eligible purchases.
5 reward points for every Rs. 100 spent on dining, supermarkets, and departmental stores.
Value of 1 RP= 0.25 Paisa
Effective Cashback Rate: 1.5%
International Forex Markup
IFM- 3.5%
Welcome Benefits and Reward System
Special Features
Budget, review and managment of expenses can be done via app.
Eligibility Criteria
For Salaried & Self-Employed: Minimum annual gross income of Rs 6 lacs.
Benefits
Global Acceptance
Platinum privileges across luxury goods, dining, golf & travel.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit the Dhanlaxmi Bank website and click on the "Apply for Credit Card" tab.
Select the "Platinum Credit Card" from the list of credit cards.
Fill out the online application form and submit it.
You will need to provide the following information in the application form: Your name, address, and contact details Your employment details Your income details Your existing credit card details (if any) You will also need to upload a copy of your PAN card, passport, and recent salary slip.
Once your application is submitted, Dhanlaxmi Bank will review it and let you know the status of your application within a few days.
Contact Details
1800 425 1747 / 044 42413000
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:-
Rewards: 5% cashback on Supermarkets and Departmental Store purchases, and Platinum privileges across luxury goods, dining, golf & travel.
Other Benefits: Free insurance cover, and Global customer assistance for emergencies.
No welcome benefit.
Limited offers and Rewards
No airport lounge access facility available.
Very High fuel surcharge waiver fees.
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 - Primary Card Holder Nil
Joining Fee - Add On Card Holder Nil Annual Fee -Primary Card Holder INR 400
Cash Advance Fee 400 per Transaction
Interest Rates: 3% P.M (Annualised 36%)
Late Payment Fee 30% of Minimum Amount Due, Min: 400 Max: 600
Foreign Currency Transaction Fee 3.5%
Reward Redemption Fee 75 [for gifts] Nil for cash redemption
Fuel Surcharge
Fuel Surcahrge: 2.5% Surcharge on Fuel transaction value or Rs.10, whichever is higher.
Billing Cycle
30 Days