Tata Croma Card
MyRupaya Ratings
Product Details
Credit Card Name :
Tata Croma Card
Bank Name :
Tata Cards
Type :
Shopping Credit Card
Interest Rate :
Finance charges#: Upto 3.50% p.m. (42% p.a.) for Unsecured Cards; 2.5% p.m. (33% p.a.) for Secured Cards
Eligibility :
Minimum age of the card holders should be 18.
Only Indian residents can apply.
Pros
Welcome Benefit: Users will get 500 Empower points worth Rs. 500 on total spending of Rs. 2,000 or more within 60 days of the card purchase.
Reward System: The value of 1 reward point = INR 1. Users will get 3 reward points for every Rs. 100 spent on departmental & grocery stores, dining & international spends, an effective cashback rate of 3% and 1 reward point for every Rs. 100 spent on other retail spends with a cashback rate of 1%.
1.5% value back on spending at Croma outlets.
Upto 5% value back on spends on select TATA outlets.
Transfer the outstanding balance of other credit cards to this Card, offering a lower rate of interest
Annual fee waived on spending Rs. 1,00,000 or more in a year.
Cons
No complimentary lounge visit.
Few add-on features.
Pros & Cons
Welcome Benefits
Users will get 500 Empower points worth Rs. 500 on total spends of Rs. 2,000 or more within 60 days of the card purchase.
Rewards System
The value of 1 reward point = INR 1. Users will get 3 reward points for every Rs. 100 spent on departmental & grocery stores, dining & international spends, an effective cashback rate of 3% and 1 reward point for every Rs. 100 spent on other retail spends with a cashback rate of 1%.
International Forex Markup
IFM- 3.50%
Welcome Benefits and Reward System
Special Features
Eligibility Criteria
Minimum age of the card holders should be 18.
Only Indian residents can apply.
Benefits
Welcome benefits.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Contact Details
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefit: Users will get 500 Empower points worth Rs. 500 on total spending of Rs. 2,000 or more within 60 days of the card purchase.
Reward System: The value of 1 reward point = INR 1. Users will get 3 reward points for every Rs. 100 spent on departmental & grocery stores, dining & international spends, an effective cashback rate of 3% and 1 reward point for every Rs. 100 spent on other retail spends with a cashback rate of 1%.
1.5% value back on spending at Croma outlets.
Upto 5% value back on spends on select TATA outlets.
Transfer the outstanding balance of other credit cards to this Card, offering a lower rate of interest
Annual fee waived on spending Rs. 1,00,000 or more in a year.
No complimentary lounge visit.
Few add-on features.
Application Procedure
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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 499.
Annual Fee: INR 499
Cash withdrawal fee: SBI and other domestic ATMs: 2.5% of transaction amount (subject to a minimum of Rs. 500).
1% fee on 1% of transaction amount for transaction Amount Between Rs. 500 to Rs. 3,000. Fee on booking railway tickets through irctc.co.in : 1.8% of transaction amount + all applicable taxes
Late payment: NIL for Total Amount due from Rs.0-Rs.500; Rs. 400 for Total Amount due greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Total Amount due greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Total Amount due greater than Rs. 10.000 & up to Rs. 25,000 Rs. 1100 for Total Amount due greater than Rs. 25,000 & up to Rs. 50,000 Rs. 1300 for Total Amount due greater than Rs. 50,000
Fuel Surcharge
1%. Surcharge waiver of Rs. 250 per month per credit card account
Billing Cycle
30 Days