Tata Star Card Select
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get an e-gift voucher worth Rs 3,500 from STAR.
Milestone Benefits
Milestone Benefit: Anniversary e-gift voucher worth Rs 3,000 from STAR on crossing spends of Rs Rs 2 Lakhs in the previous year. STAR e- Gift vouchers worth Rs 3,000 on spends of Rs Rs 4 Lakhs and Rs Rs 5 Lakhs each.
Cashback Rate
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 spending. Effective cashback rate: 3%.
1 reward point for every Rs. 100 spent on other retail spends. Effective cashback rate: 1%.
Cardholders can earn up to 5% value back as points on spending at TATA Partner outlets.
Movie Benefits
None.
Dining Benefits
Users will get 3 reward points for every Rs. 100 spent on departmental & grocery stores, dining & international spending. Effective cashback rate: 3%.
Other Benefits
Cardholders get complimentary travel insurance of up to Rs. 1 crore for domestic travel and up to Rs. 2 crore for international travel.
Purchase protection: Cardholders get purchase protection of up to Rs. 10,000 against theft or loss of goods purchased with the card.
Extended warranty: Cardholders get an extended warranty of up to 1 year on products purchased with the card.
Balance transfer: Cardholders can transfer their outstanding balance from other credit cards to the Tata Star Card Select at a lower interest rate.
EMI conversion: Cardholders can convert their eligible purchases into EMIs at a competitive interest rate.
Lounge Access
8 complimentary visits per year to domestic MasterCard lounges in India (Max. 2 visits per quarter).
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get an e-gift voucher worth Rs 3,500 from STAR.
Milestone Benefits
Milestone Benefit: Anniversary e-gift voucher worth Rs 3,000 from STAR on crossing spends of Rs Rs 2 Lakhs in the previous year. STAR e- Gift vouchers worth Rs 3,000 on spends of Rs Rs 4 Lakhs and Rs Rs 5 Lakhs each.
Cashback Rate
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 spending. Effective cashback rate: 3%.
1 reward point for every Rs. 100 spent on other retail spends. Effective cashback rate: 1%.
Cardholders can earn up to 5% value back as points on spending at TATA Partner outlets.
Movie Benefits
None.
Dining Benefits
Users will get 3 reward points for every Rs. 100 spent on departmental & grocery stores, dining & international spending. Effective cashback rate: 3%.
Other Benefits
Cardholders get complimentary travel insurance of up to Rs. 1 crore for domestic travel and up to Rs. 2 crore for international travel.
Purchase protection: Cardholders get purchase protection of up to Rs. 10,000 against theft or loss of goods purchased with the card.
Extended warranty: Cardholders get an extended warranty of up to 1 year on products purchased with the card.
Balance transfer: Cardholders can transfer their outstanding balance from other credit cards to the Tata Star Card Select at a lower interest rate.
EMI conversion: Cardholders can convert their eligible purchases into EMIs at a competitive interest rate.
Lounge Access
8 complimentary visits per year to domestic MasterCard lounges in India (Max. 2 visits per quarter).
Fees & Charges
Joining Fee
INR 3,000.
Annual Fee
INR 3000 Cash withdrawal fee: SBI and other domestic ATMs: 2.5% of transaction amount (subject to a minimum of Rs. 500).
Cash Advance Fee
2.5% of transaction amount (subject to a minimum of Rs. 500).�
Interest rate
Upto 3.50% p.m. (42% p.a.) for Unsecured Cards; 2.5% p.m. (33% p.a.) for Secured Cards
Late Payment Fee
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
Foreign Currency Transactions Fee
3.50%
Other Fees
1% fee on 1% of transaction amount for transaction Amount Between Rs. 500 to Rs. 4,000. Fee on booking railway tickets through irctc.co.in : 1.8% of transaction amount + all applicable taxes
Fees & Charges
Joining Fee
INR 3,000.
Annual Fee
INR 3000 Cash withdrawal fee: SBI and other domestic ATMs: 2.5% of transaction amount (subject to a minimum of Rs. 500).
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Upto 3.50% p.m. (42% p.a.) for Unsecured Cards; 2.5% p.m. (33% p.a.) for Secured Cards
Late Payment Fee
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
Foreign Currency Transactions Fee
3.50%
Other Fees
1% fee on 1% of transaction amount for transaction Amount Between Rs. 500 to Rs. 4,000. Fee on booking railway tickets through irctc.co.in : 1.8% of transaction amount + all applicable taxes
Special Features
Eligibility Criteria
The minimum age of the cardholders should be 18.
Only Indian residents can apply.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online: Visit the Tata Card website and go to the Credit Cards section.
Click on the "Apply Now" button for the Tata Star Card Select.
Fill in the online application form with your personal and financial details.
Submit the application form and wait for approval.
Required documents: Proof of identity (Aadhaar card, PAN card, or passport).
Proof of income (salary slips, bank statements, or income tax returns).
Proof of address (Aadhaar card, bank statement, or utility bill).
Contact Details
Account Opening and Procedure
The Tata Star Card Select is a decent option for frequent travellers and high spenders who value travel insurance, airport lounge access, and a decent reward rate. The welcome and anniversary bonuses, fuel surcharge waiver, Diners Club membership, and other benefits add further value. However, the high annual fee, limited redemption options, lower point value, and minimum point requirement for lounge access might not be ideal for moderate spenders or those seeking wider or more exclusive benefits.
The Tata Star Card Select is a decent option for frequent travellers and high spenders who value travel insurance, airport lounge access, and a decent reward rate. The welcome and anniversary bonuses, fuel surcharge waiver, Diners Club membership, and other benefits add further value. However, the high annual fee, limited redemption options, lower point value, and minimum point requirement for lounge access might not be ideal for moderate spenders or those seeking wider or more exclusive benefits.
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