Everyday credit card · Canara Bank
Rupay Select Credit Card
Rupay Select Credit Card is a everyday credit card from Canara Bank. Users will earn 2 reward points for every ₹100 spent on credit cards.
- Joining fee
- Nil
- Forex markup
- Up to 3%
- Interest
- 2.50% monthly, 30% annually
Welcome benefits
- Users will get a ₹500 gift voucher from Croma (Infiniti Retail Ltd.), a discount coupon from Apollo Pharmacy and a Snapdeal offer of ₹100 off on the first two transactions
Rewards & cashback
- Users will earn 2 reward points for every ₹100 spent on credit cards
- Value of 1 reward point = ₹0.25
- Effective cashback rate: 0.50%
- Users will get a 5% cashback offer on eating places & restaurants which is capped at ₹50 per month
Airport lounge access
- Users will get 2 free access per quarter at domestic and international airport lounges each
More benefits & features
- No joining and annual fee
- Users will receive "24/7 Concierge Services"
- Personal accident Insurance and Permanent Disability cover upto ₹10 lakhs
- Users will receive free "Spa services"
- Users can have access to over 20+ premium golf courses in top cities in India with complimentary golf game or lesson every year
- Users will get complimentary preventive health checkup every year
- Users will get complimentary gym membership
Fees & charges
- Joining fee
- Nil
- Foreign currency markup
- Up to 3%
- Interest rate
- 2.50% monthly, 30% annually
- Late payment
- ₹250
- Cash advance
- 3% of the transaction amount subject to a minimum of ₹30 for every ₹1000 or part thereof
- Fuel surcharge
- 1% of the transaction value with a minimum fee of ₹10 and a maximum of ₹100
- Billing cycle
- Up to 50 days
- Other fees
- It will be displayed while redeeming the points. | Fuel surcharge: 1%
Pros and cons
What works well
- Users will get a ₹500 gift voucher from Croma (Infiniti Retail Ltd.), a discount coupon from Apollo Pharmacy and a Snapdeal offer of ₹100 off on the first two transactions
- Users will earn 2 reward points for every ₹100 spent on credit cards
- Value of 1 reward point = ₹0.25
- Effective cashback rate: 0.50%
- Users will get 5% cashback on payment of utility bills for both online and PoS terminals which is capped at ₹50 per month
- Users will receive "24/7 Concierge Services"
Worth knowing
- Low general cashback rate
- No milestone benefits
Who can apply
- Independent income with a minimum of ₹10 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
How to apply
- 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 RuPay Select Credit Card: Choose the RuPay Select 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
Details come from information published by Canara Bank and may change. Confirm current fees, benefits and eligibility with the bank before applying. Some links are partner links; MyRupaya may earn a commission at no extra cost to you.
