VISA Gold Secured Credit Card

VISA Gold Secured Credit Card is a secured 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%2.50% monthly, 30% annually
Interest: Not specified by the bank

More Canara cards

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%

More benefits & features

No joining and annual fee
Secured credit card
Users will receive offers/discounts at select online and POS merchants provided by NPCI from time to time.; Users will get a baggage insurance of up to ₹25,000.; Additional concessions in interest rates may be applicable as the credit card is secured by a…

Fees & charges

Joining fee: Nil
Foreign currency markup: Up to 3%2.50% monthly, 30% annually
Interest rate: Not specified by the bank
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 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 receive offers/discounts at select online and POS merchants provided by NPCI from time to time
Users will get a baggage insurance of up to ₹25,000
Additional concessions in interest rates may be applicable as the credit card is secured by a fixed deposit

Worth knowing

Low general cashback rate
No milestone benefits
No welcome benefits

Who can apply

Independent income with a minimum of ?. 2 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
The applicant needs to have a Fixed Deposit with the Canara Bank

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 VISA Gold Secured Credit Card: Choose the VISA Gold Secured 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.