TMB Titanium Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
TMB Titanium Credit Card
Bank Name :
Tamilnadu Mercantile Bank
Type :
Regular Credit Card
Interest Rate :
Finance charges for Cash Withdrawal. 2% per month (24% per annum) from the date of cash withdrawal
Eligibility :
Any individual having CASA with Bank
Income Tax Assessment for 2 years
Gross Annual Income - Rs.2.00 lakhs or more
Pros
Flexible credit limits, no joining fee,
The validity of the card is 3 years.
A personalized photo on the credit card is also added.
Maximum credit card limit of Rs.5 lakh
Cons
No shopping, fuel benefits.
Travel and other additional benefits are not provided
Pros & Cons
Welcome Benefits
No welcome benefit.
Rewards System
Not provided.
International Forex Markup
Welcome Benefits and Reward System
Special Features
None
Eligibility Criteria
Any individual having CASA with Bank
Income Tax Assessment for 2 years
Gross Annual Income - Rs.2.00 lakhs or more
Benefits
Free Joining and Annual Fee: No charges for getting or holding the card, making it budget-friendly.
Up to 2 Add-on Cards: Get free add-on cards for spouse and children above 18 years old.
Lost Card Liability Cover: Up to Rs. 50,000 coverage if your card is lost.
Personal Accidental Death Cover: Up to Rs. 5 lakhs coverage in case of accidental death.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
To apply for the TMB Titanium Credit Card, you need to fulfil the following eligibility criteria:
Have a CASA with Tamilnad Mercantile Bank.
Minimum gross annual income of Rs. 2 lakhs or more.
Income Tax Assessment for the last 2 years.
You can apply for the card in two ways:
Visit your nearest TMB branch: Fill out the application form and submit required documents, including identity proof, address proof, income proof, and bank statement or passbook details for your CASA.
Download the TMB mobile app: Look for the credit card application section and follow the instructions.
Contact Details
SMS “help” or call +91 9842 461 461
Email at: customerservice@tmbank
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:-
Flexible credit limits, no joining fee,
The validity of the card is 3 years.
A personalized photo on the credit card is also added.
Maximum credit card limit of Rs.5 lakh
No shopping, fuel benefits.
Travel and other additional benefits are not provided
The TMB Titanium Credit Card offers a basic, no-frills option with no joining or annual fees. However, the limited reward program, high interest rate, and lack of additional features like lounge access or partner offers might not be appealing for everyone. If you need a basic card for occasional use and prioritize minimal fees, it could be a decent choice. However, for frequent spenders seeking rewards or broader benefits, exploring other options is recommended.
TMB Titanium Credit Card
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: Nil
Annual fee -Nil
Late Payment charges Rs.250/- ( If the cardholder fails to pay the Minimum Amount Due before Payment Due date.)
Cash Advance - Transaction fee 3% of transaction amount subject to the Minimum of Rs.30/- for every Rs.1000/- or part thereof
Finance charges for Cash Withdrawal. 2% per month (24% per annum) from the date of cash withdrawal
Foreign Transaction Mark-up fees- 3.5%
Fuel Surcharge
Not provided.
Billing Cycle
30 Days