Canara Bank Credit Cards

To be eligible for a Canara Bank credit card, applicants should meet the following basic criteria:

• Age: Between 21 and 60 years.
• Employment: Both salaried and self-employed individuals can apply.
• Credit Score: A healthy credit score of 750 or above can increase your chances of approval.

• Annual Fee: It Varies based on the type of credit card you select.
• Finance Charges:
• Premium Cards: Approximately 2.99% per month (35.88% per annum).
• Other Cards: Around 3.99% per month (47.88% per annum).
• Late Payment Charges:
• For amounts up to ₹500 – No charge.
• For amounts above ₹500 – ₹1,350 or 10% of the outstanding amount (whichever is lower).

Activation is simple and can be done via multiple channels:

1. Via Net Banking:
• Log in to your Canara Bank Net Banking account.
• Navigate to ‘Credit Cards’ and select ‘Register Credit Card.’
• Set a 4-digit PIN using OTP verification.
2. Via Mobile Banking:
• Download the Canara Bank mobile app.
• Log in and go to ‘Account Services.’
• Follow the instructions to set or reset your PIN.
3. Via Customer Care:
• Call the Canara Bank toll-free number for assistance with card activation.

Canara Bank provides several payment options to suit your convenience:

• For Canara Bank Account Holders:
• Net Banking: Log in to your account and pay directly.
• Mobile Banking: Use the mobile app to make timely payments.
• Auto-Debit: Set up standing instructions for automatic bill payments.
• For Non-Canara Bank Account Holders:
• NEFT/IMPS/RTGS: Transfer funds using the provided IFSC code.
• Cheque Payment: Drop a cheque at designated Canara Bank branches.
• Cash Payment: Visit any Canara Bank branch (charges may apply).
• UPI/Bill Desk: Use UPI or third-party apps to complete your payment.

Maximize the benefits of your Canara Bank Credit Card by following these guidelines:

Redeeming reward points is easy and convenient:

Interest on your Canara Bank Credit Card is charged under the following conditions:

• Non-Payment: If you miss the payment due date, interest and a late fee will be applied.
• Balance Carryforward: Interest accrues on any outstanding balance carried forward.
• Cash Withdrawals: Interest is charged on cash withdrawals from the date of the transaction until full repayment.

Canara Bank credit cards come with an interest-free period of up to 50 days. By paying your full outstanding balance by the due date, you can take full advantage of this grace period and avoid any interest charges.

Track the progress of your credit card application with ease:

• Visit the official Canara Bank website and use your application reference number, registered mobile number, or date of birth to check your status.
• Alternatively, contact customer care or visit the nearest branch for updates.

Canara Bank offers a balance transfer facility to help you manage outstanding dues more efficiently. By transferring balances from credit cards issued by other banks, you may benefit from lower interest rates and better repayment terms, subject to eligibility and credit history.

For any queries or assistance regarding your Canara Bank Credit Card, you can reach out to customer support through the following channels:

• Call: Dial the Canara Bank toll-free number.
• Email: Send your queries to the official Canara Bank customer support email.