mastercardclassiccredit

Canara MasterCard Standard Credit Card

canara bank

shoppingonline

Annual Fee

FREE

Joining Fee

Nil

Base Reward

2% points

Foreign Markup

3% on Forex Transactions

Interest Rate

2.5% per month

Product Highlights

Upto 50 days of interest free credit
Easy EMI Conversion through Canara ai1 app
Domestic & International Acceptance

Rewards

Rewards Points for every PoS / e-commerce transaction.

Redemption

Cashback or Goods Purchase through (www.canararewardz.com)

Benefits & Features

1% of transaction value with minimum fee of ₹10 + applicable taxes. Maximum of ₹100 for the billing month would be reimbursed in the upcoming billing month.

Fees & Charges

Annual FeeFREE

Joining FeeNil

Foreign Markup3% on Forex Transactions

Interest Rate2.5% per month

Cash Advance₹30 per ₹1000 withdrawn.

Eligibility

Min Income (Salaried)

₹60,000

Min Income (Self-Employed)

₹2,00,000

Available Networks

mastercard

Pros & Cons

Pros

Zero Annual, Joining and Enrolment Fee
2 Points per every ₹100 spent on POS/ E-Commerce

Cons

Cash-Withdrawal Limit 50% of Credit Limit or ₹50,000, whichever is lower
Inactivity Fee of ₹100 if annual turnover is less than ₹12,000